Industrial 3D printer manufacturer Stratasys Ltd announced on Thursday that it plans to merge with fellow industry player Desktop Metal Inc in an all-stock transaction valued at around $1.8 billion. The merger news follows Stratasys’ rejection of several acquisition proposals […]
Branson, we have a problem. Richard Branson’s Virgin Orbit is finally shutting down after six years of operations. In an announcement yesterday, the bankrupt Virgin Orbit announced it was shutting down after the liquidation of most of its assets. Stratolaunch and […]
BandLab Technologies, the parent company of the Singapore-based social music creation platform BandLab, has raised $25 million in Series B1 funding that pushes the company’s post-money valuation to $425 million. Led by returning investor Cercano Management (formerly Vulcan Capital) with […]
Facebook parent company Meta has started its three-part round of layoffs. The latest round of layoffs, which follows a previous round in April, targets mostly employees of Meta’s business groups. The series of layoffs are part of a plan Meta […]
This is an op-ed from James Godefroy, Deputy Global Enforcement Head at Rouse Artificial Intelligence technologies are rapidly evolving – with recent developments such as autonomous vehicles, computer vision, and chatbots ever-increasingly influencing the business world. With AI’s wide-ranging accessibility, […]
Chinese tech giant Alibaba becomes the latest in a string of tech companies announcing layoffs in the month of May. Alibaba said today it is cutting 7% of the workforce in its cloud computing unit. The move comes as the […]
Namada, builders of an L1 blockchain multi-chain privacy, is looking to partner with Osmosis as it prepares for the launch of its mainnet. As part of the partnership, Namada aims to reach a range of technology and token deals, including […]
While cryptocurrency is often touted for its anonymity, unfortunately, it is not completely anonymous as most people believe. While crypto transactions are pseudonymous, meaning they are not directly linked to a person’s identity, the underlying blockchain technology behind cryptocurrencies can […]
Early last year, we wrote about Billionaire investor George Soros after he bought nearly 20 million shares of electric truck startup Rivian Automotive in December 2021. According to the SEC filings, Soros bought nearly 20 million (a total of 19,835,761) […]
“During our security research, we found that smartphones with Qualcomm chips secretly send personal data to Qualcomm.” In 2021, Edward Snowden, a former NSA whistleblower, issued a warning regarding national security. He said that “the greatest danger to national security […]
In early 2020, we wrote about ServiceNow after the cloud-computing firm acquired conversational artificial intelligence (AI) platform startup Passage AI to advance its deep-learning AI capabilities. At the time, ServiceNow said the acquisition will accelerate its vision of supporting all major […]
Welcome to the wild world of Artificial Intelligence (AI). The launch of ChatGPT in late 2022 has ushered in a new era of AI, along with the good, bad, and ugly. Recently, students at Texas A&M University gasped in horror […]
Tether, a cryptocurrency startup plagued with scandals and government investigations, said on Wednesday that it’s going to buy hundreds of millions of dollars worth of bitcoin to back its USDT stablecoin. In an announcement, Tether said it would invest 15 […]
Crypto exchange Coinbase has paused the withdrawals of Ethereum staking rewards for up to three days. According to multiple posts on Twitter, Coinbase has temporarily “halted the distribution of Ethereum staking rewards as a result of a technical problem.” In […]
The Securities and Exchange Commission (SEC) will soon bring an enforcement action against Coinbase (COIN) and this action is likely to mirror those that the regulator brought against rival crypto exchanges Bittrex and Kraken, CoinDesk reported, citing a Monday research […]
Google Cloud has launched two new AI-powered life sciences solutions designed to assist biotech and pharmaceutical companies in expediting drug discovery and making progress in precision medicine. The tools are aimed at accelerating drug discovery and precision medicine for biotech […]
Hacker Noon, one of the leading tech blog sites that focuses on coding, blockchain, and startups, has $250k in funding at a valuation of $50 million from the leading R&D firm for the Arweave ecosystem Forward Research. As part of […]
As automakers shift their focus towards electric vehicles equipped with advanced driver assistance features, they are undergoing a significant overhaul of the vehicle’s electronics. This transformation involves the elimination of numerous cables that previously intertwined throughout the car, connecting over […]
The current state of privacy in Web3 is characterized by fragmentation. Each privacy project operates with its own distinct privacy sets, resulting in a lack of cohesion. These privacy projects often vie for the same pool of users, liquidity, and […]
MarketAcross, the world’s leading blockchain PR and marketing agency, has been selected as the official global media partner of the Blockchain Futurist Conference, the most prestigious annual crypto event in Canada. The partnership will see MarketAcross manage pre-and post-event marketing […]
