Miranda Rights, also known as Miranda Warning is a well-known statement that reads: “You have the right to remain silent. Anything you say can and will be used against you in a court of law. You have the right to […]
A few minutes ago, the US Labor Department (DOL) released devastating inflation numbers for the month of June. The numbers are not looking good. In fact, it’s getting worse. According to the report, US inflation jumps by 0.5 percent from May to […]
The ongoing war between Russia and Ukraine has not only resulted in the deaths of thousands of people on both sides but also caused global downturn and economic losses. As the ripple effect of the war spread around the world, the […]
Last week, Voyager Digital filed for bankruptcy just a year after the crypto-asset broker startup raised $100 million in funding. Now, the ongoing global downturn has claimed another casualty. Today, Airlift, Pakistan’s second-largest startup, has shut down its operations in the […]
Stockagile, an omnichannel management software designed to optimize and streamline inventory and sales management for SMEs, has raised $2.5 million (€2.5 million) in fresh funding led by Pan-European venture capital firm, Nauta Capital. Other backers include 4Founders Capital, Angels, Juan Roig’s investment firm part of […]
Grocery delivery tech startup Gopuff announced today it is cutting off 10% of its global workforce and closing 76 warehouses in the United States, the company said in a letter to investors. The announcement comes just two months after the Pennsylvania-based startup received […]
Alibaba Group’s grocery chain Freshippo (also known as Hema in Chinese) is considering raising funds at a valuation of about $6 billion, which is $4 billion lower than the $10 billion valuation the startup had hoped for back in January of this […]
BlockFi, Celsius Network, and Voyager Digital are just a few of the companies with exposure to now-bankrupt crypto hedge fund Three Arrows Capital (3AC). Now, Three Arrows is about to drag down other companies and crypto investors with it. As recently as March […]
We’ve made great strides over the past few decades. A combination of new technological advancements like artificial intelligence, quantum computing, and robotics, is delivering that were once thought impossible. Last September, XPeng Robotics, a robotics arm of the Chinese EV maker XPeng, […]
In a sign that the Buy Now, Pay Later (BNPL) market is beginning to cool off, Europe’s most valuable fintech startup Klarna announced it has raised a massive $800 million in down round funding at a $6.7 billion valuation, an 85% plunge from $45.6 […]
In just a decade, what started out as a hobby for many drone enthusiasts has turned into a multi-billion dollar industry. The growing demand for drones from organizations and the government has pushed the global drone market to an estimated $100 billion industry. […]
While everyone is worried about the potential of nuclear war between the United States and Russia, maybe there’s something more apocalypse we should all be worried about. Currently, the United military supremacy comes from its air and naval power. However, the […]
Back in June 2021, we wrote about Google for Startups after it announced the launch of a second $5 million Black Founders Fund. Unlike the traditional venture capital funding, the founders received non-dilutive cash awards and did not give up any ownership […]
Just last week, we wrote about some of the challenges faced by European tech startups as regulatory ‘friction’ hampers their growth. The situation is so bad that one in three European startups are now considering launching their business elsewhere due to […]
The ongoing fear of recession has done little to slow down the influx of millions of dollars in funding into the non-fungible token (NFT) space. As investors shrugged off the news of a recession, the NFT boom that started early […]
Tech layoffs have ramped up in recent weeks as companies struggle to deal with the global economic downturn. As we reported late last month, at least 22,000 workers in the U.S. tech sector have been laid off in mass job cuts […]
Twitter Inc. has hired and assembled heavyweights Wachtell, Lipton, Rosen & Katz to represent the company after Musk pulled out of $44 billion deal, according to a report from Yahoo Financial News, citing people familiar with the matter. On Friday, […]
Elon Musk said today that he’s backing out of the deal to buy Twitter for $4 billion over fake accounts and spam bots. In a letter to the Securities and Exchange Commission (SEC), Elon Musk said he’s seeking to end the […]
In December 2021, US officials’ phones were hacked using spyware developed by Israeli cybersecurity tech startup NSO Group. According to multiple reports, at least nine iPhones of US state department officials were hacked using NSO Group spyware. NSO Group is a cybersecurity tech […]
Just a few weeks after Revuto announced its non-fungible token (NFT) marketplace in partnership with Cardahub, the Croatian subscription management startup today announced it is launching NFTs for lifetime subscriptions to Netflix and Spotify. As part of the launch, Revuto will sell NFTs […]
