Amazon said Wednesday that it will lay off more than 18,000 employees, a bigger number than the retail giant announced back in December when the New York Times reported the company was cutting 10,000 jobs. The news is a further indicator […]
We’re all well aware of misinformation and fake news. But who would have thought of misinformation in cyber intelligence? For decades, cyber-defense systems have been used to automatically ingest Cyber Threat Intelligence (CTI) that contains semi-structured data or text to populate […]
In December, we covered AAG when the fast-growing web3 software company integrated Coinbase Pay into its MetaOne Wallet to improve the fiat on-ramping feature for investors. The integration would make it easier for users, many of whom never previously owned cryptocurrencies, to […]
Good evening! Below are some of the top tech startup news stories for Wednesday, January 4, 2023. Sports platform Fanatics divests 60% stake in NFT company Candy Digital Fanatics, a sports platform founded by Michael Rubin, is divesting its 60% stake in NFT […]
In early December 2022, the EU privacy watchdog ruled that Meta cannot run advertising based on personal data and will need users’ consent to do so, according to a report from Reuters, citing a person familiar with the matter. Now, the hammer […]
Coinbase is making headlines again but not for the reasons the U.S.-based crypto exchange would like. Today, Coinbase Global has reached a $100 million settlement with New York’s Department of Financial Services (DFS), the exchange and the regulator said in statements […]
Headlines are filled with stories of businesses and organizations falling victim to data breaches. Data breaches have been on the rise for a number of years, and sadly, 2022 has been littered with thefts of sensitive information, affecting companies and […]
“We hired too many people leading into this economic downturn we’re now facing.” Salesforce announced Wednesday it is laying off 10 percent of its over 70,000 employees. In a filing with the Securities and Exchange Commission (SEC), Salesforce said it plans to reduce […]
Nexus Circular, an Atlanta-based waste management and energy production company, has raised $150 million in equity funding led by Cox Enterprises. The latest financing will enable Nexus to build additional capacity to serve its expanding customer base and meet the outsized […]
Tech giant Microsoft Corp is in advanced talks to invest in San Francisco, California-based startup Gatik, Reuters reported, citing two people familiar with the discussions. The investment is part of Microsoft’s cloud partnership with autonomous middle-mile logistics startup. According to the report, Microsoft […]
Are you tired of scouring tech hubs and major cities for top tech talent, only to come up empty-handed or face fierce competition for the few diamonds in the rough you do find? It’s a tough market out there, and […]
Good evening! Below are some of the top tech startup news stories for Tuesday, January 3, 2023. Apple’s market cap falls under $2 trillion for the first time since May 2022 After briefly hitting a $3 trillion valuation in January […]
ByteDance, the parent company of the popular video app TikTok, is the latest in a series of companies to announce layoffs amid recession anxiety and global slowdown. ByteDance laid off hundreds of staff in December last year, according to a Tuesday report […]
Great companies are made during a recession, so the saying goes. When we look back at major recessions throughout history, we found that some of today’s best-known US companies like FedEx, Microsoft, Hewlett-Packard, and Walt Disney, got their early starts during past […]
Back in November, India-based startup global web3 game discovery and wallet app Glip landed $2.5 million in funding led by Hashed Emergent with participation from Beenext and existing investor Prime Venture Partners with the goal of bringing millions of gamers to web3. […]
Solana was once touted as an Ethereum killer, in part because of its eco-friendlier approach, high scalability, lower cost, and faster transaction speeds. But 2022 turned out to be the worst year for the one darling of the “Proof of […]
Elon Musk’s space company SpaceX is raising $750 million in a new round of funding that values the company at $137 billion, CNBC reported late Monday. The announcement comes just three days after the SpaceX Falcon team achieved a major milestone […]
Happy New Year! It’s been a while since we last covered the top startup news of the day. We listened closely to you and overwhelmingly, a majority of you want us to resume the series. What better time to resume […]
Happy New Year! Last year, ChatGPT dominated the news, sparking a flurry of excitement and infinite possibilities as over a million users signed up for the new OpenAI’s dialogue-based AI chatbot that does almost everything—from writing codes, and telling stories […]
The co-founder and Chief Technology Officer of Indian food delivery startup Zomato Gunjan Patidar has resigned, the latest in a series of top-level executive exits to leave the 12-year-old startup. Patidar’s exit comes just two months after another co-founder, Mohit Gupta, resigned from […]
