In August, we covered Prosus after the Amsterdam-based Prosus made its biggest-ever bet in the Indian tech space with a $4.7 billion acquisition of payments fintech startup BillDesk, making it one of the biggest players in the country’s fast-growing fintech […]
In the weeks leading up to Celsius Network’s Chapter 11 bankruptcy protection filing, Celsius founder and former CEO Alex Mashinsky withdrew $10 million, according to a report from The Financial Times (FT), citing sources familiar with the matter. The revelation comes just […]
Cyberattacks are on the rise across all industries. And while hacking methods have evolved over the years, cybersecurity experts found that hackers continue to exploit browser vulnerabilities and leverage some of their most tried-and-true tactics— phishing and ransomware, among others. Browser exploits […]
Just last month, Kim Kardashian launched her own private equity firm SKKY Partners to invest in consumer and luxury startups. Now, the reality television star is in hot water with the U.S. Securities and Exchange Commission (SEC) for unlawfully promoting crypto asset […]
The future of mobile gaming is set to undergo radical changes in the coming years. There are many potential opportunities ahead, and blockchain technology will likely play a crucial role. OviO, with its newly launched Google Play Store app, introduces […]
Despite the recent pullback in the crypto markets, the Web3 industry still looks to be in good shape. According to Fortune magazine, VC investment in Web3 is anticipated to hit another all-time high this year, after exceeding $18 billion in […]
On November 29, 2021, Twitter co-founder Jack Dorsey stepped down from his role as chief executive officer of Twitter after 16 years with the company. Jack also confirmed in a tweet that he resigned from the company. “Not sure anyone has heard […]
Every year, Americans consume over 8.6 billion gallons of bottled water, according to data from NIH. The research further showed that only one in five plastic bottles are recycled. Unfortunately, plastic waste is not just limited to the United States. […]
Last week, we wrote about Beyond Meat COO Doug Ramsey after he was arrested for reportedly biting a man’s nose after an Arkansas college football game. A new trend is beginning to emerge among tech executives in recent months. Now, […]
Google launched its Stadia streaming service with much fanfare in 2019. Three years after spending millions of dollars to compete with Amazon and Microsoft, the tech giant is throwing the towel and shutting down the service due to its failure […]
The mainstream adoption of non-fungible tokens (NFTs) continues to grow at an accelerated rate. To date, the NFT market has now surpassed $20 billion. In 2021 alone, NFT collectors and traders spent $22 billion on NFTs, up from $100 million in […]
For over two decades, most unicorn startups looking to make their debut on Wall Street chose to sell new shares through an initial public offering or IPO. With the availability of other options, IPOs are no longer the only viable way […]
Every day, we read news stories of Silicon Valley startups developing new innovative technologies and raising billions of dollars from high-profile investors and venture capital firms. However, while these startups may have the lion’s share of the headlines, the true […]
Today is a major milestone for the asset-oriented decentralized finance (DeFi) blockchain Radix, which has just announced the launch of its Babylon Alphanet. The release brings with it the first iteration of both the Radix Engine application development environment and […]
For some reason, we’re late to the latest development at bankrupt crypto lender Celsius Network. Apparently, Celsius co-founder and CEO Alex Mashinsky submitted his letter of resignation Tuesday, two months after the crypto company filed for Chapter 11 bankruptcy protection. Celsius said that Mashinsky’s […]
In early August, Japanese giant SoftBank reported its biggest loss ever, posted a $23.4 billion in quarterly loss as the global market sell-off spread to tech stocks and shredded valuations at its Vision Fund unit. Following a huge loss on his tech bets, SoftBank […]
In the last two decades, artificial intelligence (AI) has transformed the field of medicine and helped improve health outcomes and patient experiences. However, current AI tools for healthcare providers have failed to address current challenges and gain trust in the […]
Just three years ago, we wrote about Lilium Air Mobility after the German air taxi developer unveiled a plan to introduce unmanned flying taxis by the year 2025. Now, it appears the company may be ahead of schedule. Today, Lilium announced […]
On September 15, Adobe agreed to buy online design startup Figma for $20 billion. Fast forward two weeks ago later, investors and venture capital firms are now pouring millions into open-source challenger Penpot, a collaborative design and prototyping platform developed by […]
Decentralized finance (DeFi) continues to gain adoption as mainstream users look for alternatives to traditional banks and financial institutions. Between 2020 and 2022, the DeFi industry grew by a massive 865%, hitting $254.99 billion in December 2021 by total value locked […]
