In December 2021, we wrote about Elon Musk after a report that the world’s richest man (until recently), was about to pay over $15,000,000,000 in taxes in 2021, the largest in American history. Fast forward more than a year later, […]
Did you know that about half of all daily newspapers in the country are owned by private equity firms or hedge funds? You’ve probably heard of private equity (PE) and have no idea what it is and why they’re the […]
Online ads are everywhere. It’s almost impossible to find any website without some kind of ad because most online publishers depend on ads to keep the light on. But if you’re like me, I hate annoying ads. So in the early […]
SVB Financial Group, the company that owned the failed Silicon Valley Bank, has filed for Chapter 11 bankruptcy protection to seek buyers for its assets. The news comes just a week after its former unit Silicon Valley Bank was taken over […]
Indian fintech platform PhonePe has raised $200 million in primary capital from its majority owner Walmart even as other startups struggle to raise new funding amid fallout from Silicon Valley Bank. In this funding round, PhonePe has raised $650 million […]
On February 24, we wrote about Stripe after the fintech giant announced it was close to raising $4 billion in fresh funding that will push the company’s valuation to about $55 billion, a massive discount from its record valuation of […]
Good evening! Below are some of the top tech startup news stories for Thursday, March 16, 2023. Microsoft unveils new AI office “Copilot” for Microsoft 365 in a race with Google On Tuesday, we wrote about Google after the search […]
It was just two days ago that OpenAI announced the launch of GPT-4, the successor to ChatGPT that the company claimed to have better accuracy and the ability to beat 90% of humans on the SAT. Less than 24 hours […]
The past few weeks have seen tech-focused banks offering services to startups and crypto-friendly VCs run into financial difficulties. Silicon Valley Bank, the 16th largest bank in the US, collapsed last week after a run on deposits left the bank […]
On Tuesday, hackers exploited Poolz Finance’s decentralized IDO platform and made away with $390k just days after a $180 million Euler Finance exploit. However, within hours of the attack, the Poolz team wasted no time and immediately flagged the hacker’s […]
While everyone was busy talking about the collapse of Silicon Valley Bank, the popularity of non-fungible tokens (NFTs) as the NFT market climbed to more than $40 billion in value in March, according to a report from Forbes. The future […]
Climate change is one of the biggest threats of our time. According to some estimates, losses due to weather-related events have increased nearly ten-fold over the last four decades, from a ten-year global average of $12 billion in 1980 to […]
“Microsoft fired their AI safety team?,” that was the question Elon Musk asked on Twitter following a Platformer report that “Microsoft laid off its entire ethics and society team within the artificial intelligence organization as part of recent layoffs that […]
In days leading up to the collapse of Silicon Valley Bank (SVB), venture capital firms and tech startups scrambled to withdraw their deposits. But the fallout was widespread. Stablecoin USDC also lost its peg, falling as low as $0.88 on […]
Good evening! Below are some of the top tech startup news stories for Wednesday, March 15, 2023. Federal Reserve to launch a new instant payments system called “FedNow” in July The rumors about central bank full-reserve digital currency or Central […]
In less than four months, ChatGPT has grown to become the most popular and powerful AI innovation of our time. ChatGPT took the internet by storm late last year as the dialogue-based AI chatbot crossed one million users just five days […]
Open XDR innovator Stellar Cyber today announced the launch of its InterSTELLAR Partner Program to accelerate revenue for resellers of its Open XDR platform. Stellar Cyber was recently named one of the 10 Hot XDR Security Companies You Should Watch […]
Actor Ryan Reynolds has achieved yet another major success with the sale of his budget wireless provider Mint Mobile to T-Mobile US Inc. for over a billion dollars. On Tuesday, T-Mobile announced that it has entered into a definitive agreement […]
Americans lost $10.3 billion to a wide range of internet scams in 2020, the Federal Bureau of Investigation (FBI) said in its report released this month. During the same year, the FBI also found an increase in the use of […]
While venture capital firms and tech startups are relieved that the U.S. government stepped in to fully protect their deposits at Silicon Valley Bank (SVB), the collapse will have far-reaching implications on U.S. venture-backed startups and the broader tech ecosystem […]
