April 29, 2026
Electric Car  / Electric Vehicles  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
George Soros lost millions in his investment in electric truck startup Rivian; reduces stake after 90% drop from peak
Daniel Levi Posted On May 18, 2023


Early last year, we wrote about Billionaire investor George Soros after he bought nearly 20 million shares of electric truck startup Rivian Automotive in December 2021. According to the SEC filings, Soros bought nearly 20 million (a total of 19,835,761) […]


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Featured  / Launch  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
OpenAI launches ChatGPT app for iOS that accepts voice prompts, Android coming soon
Nickie Louise Posted On May 18, 2023


OpenAI, the company behind the ChatGPT chatbot, has launched a ChatGPT app for Apple’s iOS. In an announcement on Thursday, OpenAI s CTO Mira Murati said that an Android version is coming soon. The new iPhone app, which is the […]


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Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
SoftBank to invest $150M in Black and Latino startups; rebrands its second fund to Open Opportunity Fund
Nickie Louise Posted On May 18, 2023


In June 2020 we wrote about SoftBank Group after the Japanese conglomerate launched a $100 million fund called the “Opportunity Growth Fund” to invest in Black and Latino-led startups. The fund was part of the firm’s effort to improve diversity […]


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1.2K Views


Cybersecurity  / Hacking  / Privacy  / Security  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
“Qualcomm spies on smartphone users, sends personal data to Qualcomm,” German security firm Nitrokey warns
Daniel Levi Posted On May 18, 2023


“During our security research, we found that smartphones with Qualcomm chips secretly send personal data to Qualcomm.” In 2021, Edward Snowden, a former NSA whistleblower, issued a warning regarding national security. He said that “the greatest danger to national security […]


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1.3K Views


Featured  / InsurTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
JPMorgan and Barclays back a $110M investment in German InsurTech startup Wefox at $4.5 billion valuation
Nickie Louise Posted On May 18, 2023


Wefox, a Berlin, Germany-based insure tech startup, has closed $110 million in a new round of funding from existing investors including JPMorgan and Barclays. In an announcement on Wednesday, Wefox said that $55 million of the total amount raised came […]


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2.0K Views


Failed Startups  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Disgraced Theranos founder Elizabeth Holmes to arrive at prison on May 30 to begin her 11-year sentence
Nickie Louise Posted On May 18, 2023


Disgraced founder and former Theranos CEO Elizabeth Holmes is finally heading to prison after her unsuccessful attempt to avoid incarceration. The U.S. District Judge ruled that must report to prison on May 30. Holmes was convicted of running a years-long […]


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759 Views


Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
ServiceNow’s venture arm to invest $1B in enterprise software startups with focus on AI & Automation
Daniel Levi Posted On May 17, 2023


In early 2020, we wrote about ServiceNow after the cloud-computing firm acquired conversational artificial intelligence (AI) platform startup Passage AI to advance its deep-learning AI capabilities. At the time, ServiceNow said the acquisition will accelerate its vision of supporting all major […]


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1.6K Views


Artificial Intelligence  / Emerging Technology  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
A Texas A&M professor failed over half of his students after ChatGPT falsely claimed it wrote their papers
Daniel Levi Posted On May 17, 2023


Welcome to the wild world of Artificial Intelligence (AI). The launch of ChatGPT in late 2022 has ushered in a new era of AI, along with the good, bad, and ugly. Recently, students at Texas A&M University gasped in horror […]


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1.4K Views


Bitcoin  / Blockchain  / Cryptocurrency  / Ethereum  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Tether buys $222 million worth of bitcoin to back the world’s largest stablecoin, USDT
Daniel Levi Posted On May 17, 2023


Tether, a cryptocurrency startup plagued with scandals and government investigations, said on Wednesday that it’s going to buy hundreds of millions of dollars worth of bitcoin to back its USDT stablecoin. In an announcement, Tether said it would invest 15 […]


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802 Views


Blockchain  / Launch  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Bitpanda-backed Pantos launches public beta of its Multichain Token Creator
Nickie Louise Posted On May 17, 2023


Pantos, a multichain token system backed by the Austrian crypto exchange Bitpanda, today announced the public release of the Multichain Token Creator, an easy-to-use web app that enables users to deploy tokens on multiple blockchains. Before now, developers, users, and […]


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910 Views


Acquisition  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Ripple acquires Switzerland-based crypto custody startup Metaco for $250 million
Nickie Louise Posted On May 17, 2023


Ripple, a crypto startup best known for its cryptocurrency XRP, has acquired Switzerland-based crypto custody startup Metaco in a deal valued at $250 million, making it the company’s first major acquisition. In an announcement on Tuesday, Ripple said that the […]


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804 Views


Cryptocurrency  / Ethereum  / Social Media  / Tech Startup News  / Tech Startups  / Technology News
Coinbase pauses withdrawals of Ethereum staking rewards for up to 3 days
Daniel Levi Posted On May 16, 2023


Crypto exchange Coinbase has paused the withdrawals of Ethereum staking rewards for up to three days. According to multiple posts on Twitter, Coinbase has temporarily “halted the distribution of Ethereum staking rewards as a result of a technical problem.” In […]


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736 Views


Hardware  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
iDEAL Semiconductor raises $40M to develop cheaper and energy-efficient power chips for electric cars
Nickie Louise Posted On May 16, 2023


The widespread adoption of electric power in various sectors has placed significant demands on the energy infrastructure grid. This necessitates the development of cleaner energy generation methods as well as the implementation of greener practices to ensure sustainable energy usage. […]


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1.3K Views


Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Cosmic Aerospace raises $1.5 in funding to develop an electric plane with over 600 miles range
Nickie Louise Posted On May 16, 2023


In our collective efforts to reduce our dependency on fossil fuels, companies like Tesla and a multitude of other innovative tech startup companies have made remarkable progress in the development of electric vehicle technology for electric cars and trucks. In recent […]


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787 Views


Bitcoin  / Cryptocurrency  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
The SEC will soon bring enforcement action against Coinbase similar to Bittrex and Kraken, Berenberg says
Daniel Levi Posted On May 16, 2023


The Securities and Exchange Commission (SEC) will soon bring an enforcement action against Coinbase (COIN) and this action is likely to mirror those that the regulator brought against rival crypto exchanges Bittrex and Kraken, CoinDesk reported, citing a Monday research […]


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688 Views


Artificial Intelligence  / Emerging Technology  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Zoom invests in AI startup Anthropic to evolve its AI smart companion called Zoom IQ
Nickie Louise Posted On May 16, 2023


Zoom, the popular video-conferencing platform, said on Tuesday it has invested an undisclosed amount in AI startup Anthropic to integrate the artificial intelligence start-up’s technology into its AI smart companion called ZoomIQ. The move is part of Zoom to bolster […]


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822 Views


FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
FinTech startup Tipalti lands $150M in growth funding from JPMorgan Chase Bank and Hercules Capital
Nickie Louise Posted On May 16, 2023


Tipalti, a global payables automation platform and the developer of payments and compliance technology, has secured $150 million in growth financing from JPMorgan Chase Bank and Hercules Capital. The latest round brings the company’s total funding to over $550 million. […]


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744 Views


Artificial Intelligence  / Emerging Technology  / Featured  / Health  / HealthTech  / Research  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Google Cloud launches two new AI-powered tools to accelerate drug discovery and precision medicine
Daniel Levi Posted On May 16, 2023


Google Cloud has launched two new AI-powered life sciences solutions designed to assist biotech and pharmaceutical companies in expediting drug discovery and making progress in precision medicine. The tools are aimed at accelerating drug discovery and precision medicine for biotech […]


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917 Views


Cryptocurrency
Conflux and China Telecom debut first on-chain interaction with Blockchain SIM card
Chainwire Posted On May 16, 2023


Toronto, Canada, May 16th, 2023, Chainwire Conflux Network, the first regulatory compliant public blockchain in China and global communications network, China Telecom, today unveiled its jointly developed Blockchain SIM (BSIM) card at the Xuhui District West Bank Artificial Intelligence Center […]


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598 Views


Cryptocurrency
Merov Introduces a Suite of Services for the Bitcoin Mining Industry
Chainwire Posted On May 15, 2023


Salem, Oregon, May 15th, 2023, Chainwire Merov is proud to announce the launch of its comprehensive suite of services designed for the Bitcoin mining industry. The suite of services includes Merov Hosting, Rejuvit Systems by Merov, and Merov Marketplace, each […]


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678 Views


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