November 16, 2025
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Tech Startup News


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


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

Chinese EV maker Nio invests $142 million in nuclear fusion startup Neo Fusion
Nickie Louise May 19, 2023


George Soros lost millions in his investment in electric truck startup Rivian; reduces stake after 90% drop from peak
Daniel Levi May 18, 2023

OpenAI launches ChatGPT app for iOS that accepts voice prompts, Android coming soon
Nickie Louise May 18, 2023

SoftBank to invest $150M in Black and Latino startups; rebrands its second fund to Open Opportunity Fund
Nickie Louise May 18, 2023


“Qualcomm spies on smartphone users, sends personal data to Qualcomm,” German security firm Nitrokey warns
Daniel Levi May 18, 2023

JPMorgan and Barclays back a $110M investment in German InsurTech startup Wefox at $4.5 billion valuation
Nickie Louise May 18, 2023

Disgraced Theranos founder Elizabeth Holmes to arrive at prison on May 30 to begin her 11-year sentence
Nickie Louise May 18, 2023


ServiceNow’s venture arm to invest $1B in enterprise software startups with focus on AI & Automation
Daniel Levi May 17, 2023

A Texas A&M professor failed over half of his students after ChatGPT falsely claimed it wrote their papers
Daniel Levi May 17, 2023