Back in July, Newsweek reported that automaker Ford was planning to lay off 8,000 employees as part of its push to focus on manufacturing electric vehicles (EVs). The number represents about one-fourth of its total workforce. The report added that the Michigan-headquartered […]
The global energy demand is projected to grow 47% by 2050. Currently, fossil fuels still remain the largest energy source but oil reserves continue to dwindle. What about clean energy? Researchers also predicted that over the next 30 years cannot be […]
Crypto exchange FTX found itself in hot water over a now-deleted tweet where it claimed that crypto funds at the company are insured by the US government. On Friday, the Federal Deposit Insurance Corporation (FDIC), one of the US bank regulators, ordered […]
Despite the slowdown in venture capital funding due to the global economic downturn, Lithuania-based open data tech startup Okredo announced today it has raised €650,000 ($650,000) in follow-up funding to expand into the UK and other markets, and the development of an Open […]
Software engineers and citizen developers continue to embrace the no-code software revolution abut two decades after the no-code web development platforms helped kickstart the no-code movement. At its core, the goal is to democratize software development and level the development playing field […]
The current economic downturn and the looming recession here in the United States have caused global funding to startups to fall by 23% in the second quarter of 2011 from the first, to $108.5 billion, according to data from CB […]
Bitcoin suddenly lost 6% of its value in under six hours as the crypto market drop sends the price of the world’s most popular cryptocurrency to a little over $21,000, a more than three-week low. At 9:40 a.m. EST, Bitcoin plunged from […]
Back in June, we covered Decentral Games after the startup landed a $1 million MANA grant from Decentraland DAO to support ICE liquidity. The award, which followed a hard-fought battle, supported the Decentral Games’ $ICE token and the rollout of its […]
Crypto broker Genesis is the latest casualty of a $2 trillion digital-asset market wipeout following its exposure to the now-bankrupt crypto hedge fund Three Arrows Capital. On Wednesday, Genesis announced its CEO Michael Moro is stepping down and the company is […]
Even with the slowdown in the NFT market, interest in NFT games continues an upward trend as users flock to play-to-earn games. One of the leading games on Polygon is Snook, an online, multiplayer, “Snake”-like IO game. It is a kill-or-be-killed, adrenaline-charged, […]
Group 42 (also known as G42), an artificial intelligence and cloud computing firm chaired by the Gulf state’s national security advisor, announced today the launch of a $10 billion fund to invest in late-stage technology startup companies. G42, which also counts prominent […]
Today, open-source blockchain network Tezos welcomes the release of Yupana.Finance on its platform. Developed by a team of blockchain engineers at Madfish, Yupana.Finance is a decentralized and the first non-custodial lending protocol on Tezos. With this launch, Madfish is providing the […]
Energy powers the world. Today, nuclear power currently provides about 20 percent of US electricity— and 50 percent of its carbon-free electricity, according to data from the US Energy Information and Administration (EIA). However, what’s rarely discussed is the overall energy lifecycle […]
Chinese business-to-customer cross-border eCommerce startup Dianxiaomi has raised $110 million in a Series D funding round led by SoftBank Vision Fund 2 and Sequoia China, with the participation of Tiger Global Management, GGV Capital, and others. SoftBank Vision Fund 2’s investment in Dianxiaomi […]
Two years ago, BlackRock chairman and CEO Larry Fink wrote in his influential annual letter to CEOs that the company will not invest in companies that are not committed to climate change and social purposes. Fink reiterated the similar message in his […]
While everyone is talking about the crypto bear market, Crypto.com continues to position itself for the future inking registration approvals from regulatory authorities from Italy, Singapore, and now the United Kingdom. Today, Crypto.com announced it has received regulatory approval from […]
Quick Take • 1 in 10 laid-off workers plan to start their own business instead of returning to the workforce as an employee • 50% say they will fund their new company with a small business loan • Instead of […]
In the past two years, China began to crack down on tech companies, wiping billions of dollars of value from its most prominent companies including Alibaba. Then in May, the Chinese government showed signs of easing its crackdown on the country’s tech […]
Remember WeWork, the embattled co-working giant that lost billions of investors’ money after raising a staggering $12.8 billion in funding over 14 rounds? In 2019, WeWork fired its CEO Adam Neumann, canceled its IPO, and laid off a quarter of its 12,500 employees. But […]
Global spending on workplace learning and development, also known as human capital development and upskilling is estimated to be around $360 billion, according to data from Statista. One of the major challenges facing most organizations today is connecting employees to […]
