On December 4, 1985, the Cray-2 supercomputer debuted as a marvel of its era, representing the pinnacle of computational technology. With a price tag equivalent to $44 million, it achieved 1.9 gigaflops, making it the fastest machine of its time. […]
In July 2023, Alex Mashinsky, the founder and former CEO of the bankrupt crypto lending platform Celsius Network, was arrested on fraud charges after an investigation into the fall of the seven-year-old crypto startup. Now, just over a year later, […]
Two data brokers, Mobilewalla and Gravy Analytics, have reached a settlement with the Federal Trade Commission (FTC) after being accused of selling personal information that tracked individuals’ religious beliefs, political affiliations, and pregnancy status. These companies agreed to stop using […]
Marshall Brain, founder of HowStuffWorks.com and a well-known tech educator, was found dead in his office at North Carolina State University (NCSU) just hours after sending a detailed email alleging retaliation for filing ethics complaints. Brain, who also directed NCSU’s […]
Veeam Software, a cloud data startup that provides secure data backups on remote servers, has secured a $2 billion investment from a group of top-tier investors through a secondary offering. The funding, announced Tuesday, values the Swiss-based company at $15 […]
Spotify’s much-anticipated Wrapped 2024 has officially dropped, giving millions of users a chance to relive their listening habits over the past year. The annual feature offers a personalized breakdown of top songs, artists, and genres while letting users compare their […]
Dubai, United Arab Emirates, 4th December 2024, Chainwire
Since its introduction in the early 2000s, SaaS (Software as a Service) has redefined how businesses access and use software. It replaced cumbersome, on-premise installations with scalable, cloud-based solutions, unlocking a $300 billion market and giving rise to over 300 […]
New York, United States, 3rd December 2024, Chainwire
Microsoft is facing a £1 billion lawsuit in the UK, accused of unfairly overcharging customers who use rival cloud platforms, including Amazon Web Services (AWS), Google Cloud, and Alibaba Cloud. The case, filed by competition lawyer Maria Luisa Stasi, alleges […]
Every year, businesses spend $1 trillion on software, but navigating the maze of options and outdated reviews often leads to poor purchasing decisions. Platforms like G2.com and Capterra rely heavily on user-generated reviews, which are frequently biased, incomplete, or outdated, […]
Reefilla, a Turin, Italy-based energy storage startup that provides mobile power generation using second-life batteries, has secured €4.5 million in funding. The round was led by CDP Venture Capital through its Green Transition-PNRR fund. The new funding will enable Reefilla […]
Zug, Switzerland, 3rd December 2024, Chainwire
Late last month, we reported on ServiceTitan after the software startup filed paperwork for an initial public offering (IPO) in the U.S. Just two weeks later, ServiceTitan is reportedly targeting a valuation of up to $5.16 billion in its IPO. […]
Imagine making payments with a simple tap of your finger—no wallet, phone, or hassle. HyperRing is turning that vision into reality with the launch of its second-generation HyperRing.This wearable device, the first of its kind available in the U.S., brings […]
New York, USA, 3rd December 2024, Chainwire
London, united kingdom, 3rd December 2024, Chainwire
In November, SpaceX reportedly floated the idea of selling existing shares at $135 each, valuing Elon Musk’s space startup at $250 billion. Just two weeks later, the company is said to be discussing insider share sales that could push its […]
New York, United States, 3rd December 2024, Chainwire
Zug, Switzerland, 3rd December 2024, Chainwire
