About half of the people in the world are not connected to the internet. Nearly 3.8 billion people don’t have access to the internet, and many more lack what we would consider meaningful access. The unconnected are missing out but […]
Tech layoffs are rising around the world as companies cut costs to cope with uncertain global economic challenges. Mass layoffs, which started early this year in the United States and later in Europe, have now spread to Asia. Early this month, Indonesia’s […]
Rotor Technologies, Inc.’s uncrewed helicopter prototype achieved its first flight on 2 December 2022 at the FAA’s New York UAS test site after receiving experimental certification on 30 November 2022. Rotor’s team of MIT scientists is combining flight control algorithms, […]
Twitter is shutting down Revue, a newsletter platform the social giant acquired two years ago. Twitter acquired the Substack-competitor Revue and email newsletter startup in January 2021. The platform helped attract writes and users to make money from their followers through the […]
Globally, millions of people have turned to solar energy as part of the effort to reduce global warming, which causes climate change. However, unknown to many, it’s light, not heat, that generates electricity. Too much heat is actually bad for […]
Africa has seen an explosion in digital payments over the past five years, thanks to the penetration of smartphone devices on the continent. Research firm Statista estimates that the total value of e-commerce in Africa generated $16.5 billion in 2017 […]
ChatGPT took the internet by storm late last month after Open AI launched the dialogue-based AI chatbot. ChatGPT’s popularity has not only brought AI into mainstream technology but also reignited the conversation about how AI is going to permeate every aspect of […]
Currently, the United States is suffering a shortage of both veterinarians and their vet techs. Adding this to the rising costs of pet care, one of the smartest things for pet parents to do is to focus on prevention. It’s […]
Just a day after Binance ‘temporarily paused’ withdrawals following the outflow of $1.9 billion from the world’s largest crypto exchange, Binance CEO Changpeng Zhao (CZ) said a degree of calm has returned to the exchange. “Things seem to have stabilized,” CZ tweeted, […]
Early this year, we wrote about two tech startups that raised over $180 million in combined funding to scale their operations. The first is Tül, a Colombian tech startup that sells construction materials to small-sized retailers. The other is Estonia-based Werk raises […]
For centuries, gold has been a status symbol in India even before the arrival of the British. Indian kings and queens were adorned in gold and other jewelry. Spanning a legacy of at least 5,000 years, jewelry is a striking expression […]
The sudden collapse of FTX has caused investors and holders of digital assets to rethink the approach to the safety and security of their cryptos and NFTs. It has also led to the rise of crypto custody solutions that provide […]
The ongoing economic downturn coupled with the looming recession has exacerbated the challenges tech startups faced in raising new funds. While the funding well may be drying up, investors continue to pour money into cybersecurity, AI, and other tech sectors that […]
The United States Securities and Exchange Commission (SEC) has charged Samuel Bankman-Fried (SBF) with “orchestrating a scheme to defraud equity investors” in FTX, the agency said. The announcement came the same day Bankman-Fried was supposed to appear before the US Congress. […]
Morningstar Ventures, an investment firm specializing in digital assets and blockchain technology, is opening its first interactive digital art gallery in the heart of Dubai. Located in the Burj Daman Tower (DIFC area), ‘37xDubai’ is positioned amidst Dubai’s business and […]
Disgraced FTX founder Sam Bankman-Fried (SBF) has been arrested by Bahamian authorities after the United States Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government. The arrest sets the stage for his extradition […]
The sudden collapse of the crypto exchange FTX has sent panic in the crypto industry, causing investors to worry about the future of the crypto market. More than a month after FTX filed for Chapter 11 bankruptcy, media attention is […]
Israeli-founded gaming giant Playtika is laying off 615 employees as part of the company’s broader restructuring. The company confirmed today following last week’s speculation that the company was planning to part with 500 employees this week. Playtika CEO and Founder Robert Antokol officially […]
In the latest sign that boundaries between Big Tech and financial firms continue to blur, Microsoft is investing $2 billion in the London Stock Exchange in exchange for a 4% stock in the firm, which further strengthens their longstanding relationship. In an […]
Back in September, we covered Animoca Brands after the crypto-gaming startup raised $110 million in funding to advance digital property rights for gaming and build the open metaverse. Three months prior, Animoca acquired TinyTap, a Tel Aviv, Israel-based tech startup that enables […]
