With the popularity of ChatGPT on the rise, Snapchat this week launched its own AI chatbot that is powered by OpenAI’s GPT technology, the same technology that is being integrated into Microsoft’s Bing search engine. However, the launch was met with […]
Cloud storage provider Dropbox becomes the latest tech company to let go of its employees. The San Francisco, California-based Dropbox announced today its plans to reduce its global workforce by 16% as part of the cut-cutting measures caused by slowing […]
Schwarzenbach, Switzerland, April 27th, 2023, Chainwire Veax Labs has officially launched its advanced decentralized exchange (DEX) on mainnet. Built on NEAR Protocol, the platform aims to seamlessly bridge features commonly found in the traditional finance (TradFi) with that of the […]
In the US, credit and debit cards make up 57 percent of consumer payments. But the true costs of processing payments to merchants remain hidden from the average consumer. Card fees, particularly for small transactions, can account for more than […]
Abu Dhabi, UAE, April 27th, 2023, Chainwire Venom Foundation has teamed up with DoraHacks, Developer DAO, and Hacken to launch its first-ever virtual hackathon. The event aims to equip developers with all the tools and resources necessary to start […]
Italian climate startup Energy Dome has secured €40 million (~$44M) in Series B funding, co-led by Eni Next, the venture capital arm of Italian energy company Eni, and Neva SGR, a venture capital firm owned by European banking group Intesa […]
Good evening! Below are some of the top tech startup news stories for Wednesday, April 26, 2023. General Motors to stop making its best-selling electric vehicle Chevy Bolt Just like that, General Motors’ most popular electric car is on […]
Axoni, a New York-based fintech startup at the forefront of building the next generation of capital markets technology, has raised $20 million in equity financing led by EJF Ventures, with participation from Laurion Capital, Communitas Capital, and existing investors. The […]
San Francisco-based First Republic Bank is expected to be seized by the US government, according to a report by Fox Business’ Charles Gasparino, citing sources from the bank. The sources told Fox that they believe that the distressed bank will eventually […]
Cryptocurrency and blockchain technology continue to garner increased user adoption thanks to their decentralized nature. This allows individuals to build permissionless and censorship-resistant DeFi systems that shift control away from intermediaries and centralized authorities, such as banks and governments. But […]
Austin, United States, April 26th, 2023, Chainwire Space and Time, a leader in decentralized data, today announces the beta release of its data warehouse and developer suite. Space and Time allows developers to leverage provable computation against on-chain and off-chain […]
API unicorn Rapid (formerly known as Rapid AP) valued at $1 billion just a year ago, has laid off half its workforce, translating to about 115 employees. The unicorn startup doubled its team over the past year at a time […]
One of the challenges facing frontline teams is the inability to quickly and easily communicate. Today, software is the driving force behind the majority of the workforce except for 55 million frontline team members who either lack access to communication […]
Microsoft Edge is the default web browser for Windows 10 but only gets about 11% of the desktop browser market share as of January 2023. Although Microsoft Edge has been lauded for its privacy features, it has recently come under scrutiny […]
Britain’s antitrust regulator announced on Wednesday that it would block Microsoft’s attempt to acquire the creator of “Call of Duty” Activision Blizzard for $69 billion, citing concerns about potential competition constraints in cloud gaming. The move dealt a surprise blow […]
Good evening! Below are some of the top tech startup news stories for Tuesday, April 25, 2023. RapidAPI, an Israeli tech startup valued at $1 billion a year ago, is laying off 50% of its workforce Rapid API, a […]
Binance.US has terminated a $1.3 billion deal to buy assets of bankrupt crypto lender Voyager Digital for in a $1.3 billion deal., citing a “hostile and uncertain regulatory climate.” The news comes following a WSJ report that Binance.US was struggling […]
The first-ever browser security survey of CISOs’ security practices reveals CISOs struggles, displeasure with current security solutions and cloud concerns While the massive shift to SaaS apps has begun more than a decade ago, CISOs are still struggling to address […]
Dubai, United Arab Emirates, April 25th, 2023, Chainwire The team at Unizen, operating the Web3 ecosystem found at zcx.com, is pleased to announce a strategic partnership with the team at THORChain. Specifically, Unizen has integrated the THORChain settlement layer to […]
Last week, crypto exchange Coinbase said it may leave the US market if the regulatory uncertainty surrounding digital currencies continues. CEO Brian Armstrong told the audience at Fintech Week in London. The exchange has been in a legal tussle with the […]
