June 3, 2023
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Startups


World Mobile launches commercial telecom network in Zanzibar to bridge the digital divide in Africa
Nickie Louise May 26, 2023

HubSpot co-founder Dharmesh Shah bought Chat.com for over $10 million and sold it for a profit 2 months later; to donate part of the profit to KhanAcademy
Nickie Louise May 25, 2023

OpenAI’s Sam Altman raises $115M for Worldcoin, a startup that scans people’s eyes in exchange for free cryptocurrency
Nickie Louise May 25, 2023


Virgin falls out of Orbit, shuts down following liquidation sale
Daniel Levi May 25, 2023

Singapore-based BandLab raises $25M at $415 million valuation for its social music creation platform
Daniel Levi May 24, 2023

AI startup Figure raises $70M to build autonomous humanoid robots; now valued at $400 million
Nickie Louise May 24, 2023


Israeli cybersecurity startup Memcyco secures $10M to protect brands and businesses from brandjacking fraud
Nickie Louise May 24, 2023

JPMorgan to invest over $200 million in emerging carbon removal technologies
Nickie Louise May 23, 2023

Alibaba to lay off 7% of workforce in its cloud division ahead of the unit IPO
Daniel Levi May 23, 2023


OpenAI rival Anthropic raises $450 million in funding with backing from Google to take on ChatGPT
Nickie Louise May 23, 2023

Sequoia India-backed AI startup Gan.ai raises $5.25M in funding for its AI-powered video platform
Nickie Louise May 23, 2023

Facebook’s Meta sells Giphy to Shutterstock for $53 million, just 3 years after acquiring it for $400 million
Nickie Louise May 23, 2023


Privacy blockchain startup Namada proposes airdrop in a partnership with Osmosis ahead of its mainet launch
Daniel Levi May 22, 2023

Fintech firm Wise’s CFO resigns just days after CEO announced a 4-month sabbatical leave
Nickie Louise May 22, 2023

Sotheby’s sells bankrupt crypto firm Three Arrows Capital’s NFT collection for nearly $2.5 million at auction
Nickie Louise May 22, 2023


India’s most valuable fintech startup PhonePe raises another $100M, pushes its total funding to $850M
Nickie Louise May 22, 2023

Crypto hunter uncovers $500,000 Bitcoin stash hidden by spouse during a divorce proceeding
Daniel Levi May 22, 2023

Facebook’s Meta fined a record $1.3 billion for transferring EU users’ data to the US
Nickie Louise May 22, 2023


Jeff Bezos’ Blue Origin wins NASA contract to build astronaut lunar lander
Nickie Louise May 19, 2023

From Shopify to global enterprise: The 5 biggest companies that began as a Shopify dropshipping store
Nickie Louise May 19, 2023