Deals involving mergers and acquisitions are moving more quickly than ever, leaving less and less time for due diligence to be completed before a transaction closes. As a result, more sellers are substituting the best data room providers for the […]
Unity Software made a surprising announcement on Monday that John Riccitiello has stepped down from his role as chief executive officer (CEO) on October 9, 2023, effective immediately. In his place, James M. Whitehurst, a former senior advisor and president […]
October marks the 12th anniversary of the passing of Steve Jobs, a visionary entrepreneur and co-founder of Apple Inc. Born on February 24, 1955, Jobs was a pioneer in the world of technology and design known for his relentless pursuit of […]
OpenAI is exploring the possibility of making its own artificial intelligence (AI) chips. The generative AI startup, known for its popular ChatGPT, is even looking into potential acquisition targets, Reuters reported, citing insiders familiar with the company’s ongoing discussions. While […]
Google Cloud on Monday unveiled an array of new generative AI search capabilities designed to assist healthcare professionals to quickly retrieve accurate clinical information from different types of medical records across diverse data sources. Google said that the new features […]
Our oceans, once teeming with life and vitality, are facing unprecedented challenges. They’re becoming more acidic, pollution is on the rise, and the waters are getting warmer—all while our world’s population continues to grow. At the same time, there’s an […]
DNA data of over 7 million 23andMe users have been stolen in a massive data breach. According to multiple reports, the breach mainly focused on users with Ashkenazi Jewish ancestry and compromised data including names, profile photos, genetic ancestry results, […]
iCleanse, a Digital Out-of-Home (DOOH) startup that develops Swift UV stations for phone disinfection in public spaces, has secured $1 million in credit financing from Enhanced Capital. The fresh funding will support the company’s expansion, including R&D efforts, staffing, and […]
“Lucid may burn $338,000 per vehicle in EBITDA this year, an increase from $325,000 just months ago, demonstrating how its unsustainable business model requires significant scaling and additional funding — likely before 2025.” Luxury EV maker Lucid is in big […]
Amazon successfully launched the first pair of its prototype satellites into space for its planned Kuiper internet network on Friday from Florida. The launch marks a pivotal step in the company’s ambitious Kuiper internet network project to send thousands more […]
Peak Energy, a clean energy storage startup founded by veterans from Tesla and Northvolt, has launched from stealth mode with $10 million in funding to mass-produce giant sodium-ion batteries to store solar and wind energy and accelerate the renewable energy […]
Microsoft has unveiled its next generation of OneDrive as part of its effort to bring Copilot to the cloud storage service. The update was a major overhaul since OneDrive first launched as a cloud storage provider a few years ago. Microsoft […]
Trinetix, a Nashville-based software tech startup, has closed $10 million in funding to expand into the Latin American market. The funding round was led by the Ukrainian investment fund Hypra. The timing of this investment couldn’t be better, as it […]
Private equity firm General Atlantic LLC is currently exploring options for the sale of EngageSmart, a payments software vendor with a market value of $3.2 billion, according to an exclusive report from Reuters. The news of the potential sale comes […]
In the midst of the ongoing Ukraine war, major U.S. defense contractors such as Lockheed Martin, Northrop Grumman, and Raytheon Technologies continue to rake in billions in windfall profits. Now, one tech startup is jumping into the fray to cash […]
South Korean robotics startup Doosan Robotics finally made its debut on the Seoul stock exchange on Thursday. The company’s shares more than doubled their initial public offering (IPO) price, driven by the surging demand for robotics stocks. This momentous market […]
After a few days of waiting, Apple has finally released a new iOS 17 software update to solve the iPhone 15 overheating problems. In a post on its website, the iPhone maker announced today that the new iOS 17.0.3 “provides […]
Sherman Oaks, United States, October 4th, 2023, Chainwire Xsolla, a global video game commerce company, shares insights that 40 of the top 100 mobile games have launched their Web Shop using Xsolla’s solution. These insights offer a glimpse into the […]
The influence of fintech extends throughout all facets of businesses, becoming an integral part of company operations. Nevertheless, the intricate web of government regulations and compliance often poses challenges when it comes to seamlessly incorporating payment into the existing organizational […]
Zug, Switzerland, October 4th, 2023, Chainwire MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network, the largest layer-1 investment the firm has ever made. This investment works alongside a strategic […]
