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 […]
Responsibly, a Danish AI startup has secured $2.4 million in seed funding to invest in its proprietary AI engine to achieve its mission to democratize access to sustainable procurement. The round was led by prominent venture capital firms Hambro Perks […]
Amazon used a secret algorithm to test how high it could raise prices in a manner designed to encourage competitors to do the same. Additionally, the algorithm sought to determine the threshold at which Amazon could raise prices before its […]
At the beginning of this year, we wrote a piece about the 100 fastest-growing fintech startups to reach a $1 billion valuation, the fastest. We’re now in the last quarter of the year, and a lot changed since then. In […]
WeWork has skipped interest payments of $95 million that were due on five of its bonds on Monday. As a result, the company has “entered into the 30-day grace period” before a potential default. Shares of WeWork fell by 25% […]
PerfectScale, a North Carolina-based tech startup that helps companies optimize and scale their Kubernetes deployments, has closed $7.1 million in seed funding to grow its team and scale its platform. This round was led by Blumberg Capital, with participation from […]
Europeans could soon find themselves facing a monthly bill of $14 to access Facebook and Instagram unless they agree to see personalized ads, the Wall Street Journal (WSJ) reported. Additionally, Meta is considering introducing a monthly charge of $17 for […]
London, United Kingdom, October 3rd, 2023, Chainwire Metacade, the world’s first community-led gaming platform, has confirmed a collaboration with Polygon Labs, focused on driving user acquisition, testing and the adoption of 100’s of new games and customers on the Polygon […]
Despite a funding drought affecting many startups, generative AI startups continue to ride the wave of the ChatGPT-led AI boom as investors pour billions into the space hoping to find the next big winner. The most recent heavyweight to step […]
Welcome to the future of food! Imagine savoring a juicy steak that’s 3D-printed, all while contributing to the planet’s well-being. Yes, it’s now possible with 100% lab-grown beef, completely cultivated without a single cow. Over the years, we’ve covered the astounding […]
Media.com has undergone a change in ownership. According to a report by Axios, Australian private equity company Kismet Group acquired the domain name Media.com with a vision to launch it as a reputation management platform. In an exclusive interview with […]
Toronto, Canada, October 2nd, 2023, Chainwire In an exhilarating development in the world of crypto and blockchain, TYRION the trailblazer in decentralized advertising, announces its strategic move to build its advertising platform on Coinbase’s Base Chain. This monumental announcement underscores […]
In recent months, there has been a surge in the number of articles about how artificial intelligence (AI) could disrupt traditional employment and take away our jobs, partly fueled by the rise in popularity of ChatGPT. These articles raised concerns […]
In early August, we reported on Tenstorrent after the Canadian AI chip startup secured $100 million in funding from investors including Hyundai Motor Group, a Samsung investment fund, and several others. Fast forward just two months later, Tenstorrent struck a […]
