Every year, businesses in nearly every sector have become victims of data breaches. The cost of a data breach continues to skyrocket. According to a recent IBM study conducted by the Ponemon Institute, data breaches cost American companies on average more than $8 […]
Starbucks, the world’s largest coffee chain, is joining the Web3 and NFT craze with the launch of Starbucks Odyssey, a new web3 and NFT rewards program that offers Starbucks Rewards members and Starbucks partners (employees) in the United States. The program appears to […]
Watch out Tesla, you have a new competitor. Say hello to ZEM (for zero-emission mobility), the world’s first carbon-eating car that captures CO2 from the air as it drives down the road developed by a team of TU/Ecomotive students from the […]
The Buy now, pay later (BNPL) phenomenon has grown in popularity over the years as consumers seek alternative methods of financing. BNPL is a new payment option that allows consumers to receive their purchase right away (Buy Now), either online […]
The highly anticipated Ethereum ‘Merge’ is finally here. On Thursday, Ethereum, the blockchain that underpins the world’s second-largest crypto token ether, successfully underwent a major software upgrade that drastically reduces the amount of energy needed to create new coins and carry out […]
The ongoing recession and market turmoil have done little to slow down merger and acquisition activities. This morning, Bloomberg just reported that Photoshop maker Adobe is nearing a deal to acquire online design tech startup Figma for $15 billion. Citing people with […]
Cloud communications provider Twilio will lay off 11% of its total workforce as part of a major restructuring plan, according to an SEC filing published Wednesday. According to the filing, Twilio said the Restructuring Plan will include the elimination of approximately 11% of the […]
Verkada, a Silicon Valley startup founded six years ago with the vision to modernize the world of physical security, said on Wednesday it has raised a $205 million Series D funding round led by Linse Capital. The round now pushes the […]
The infamous Cambridge Analytica scandal blew the lid wide open on the Faustian bargain that every Internet user is forced to make. The scandal was one of the most notorious abuses of user data in history. In the mid 2010s, […]
Flutterwave, an Africa-focused unicorn fintech startup, announced on Wednesday it has added Nigeria’s eNaira as a payment option for merchants, in a move that could help boost the adoption of the country’s digital currency. The announcement comes just two days […]
As Elon Musk’s battle with Twitter rages on over the $44 billion buyout deal, Tesla CEO called out Twitter yesterday saying that the social giant is suppressing his tweets. In a post on Twitter, Musk said, “My tweets are being […]
In May, we covered Ankr after the Web3 infrastructure provider partnered with Pocket Network in a major push to achieve a fully decentralized infrastructure for the Web3 ecosystem. Since then, the Ankr team has been busy working behind the scene […]
ASTR, the native token of the Astar Network, is now available on the Binance US exchange, making it the first asset from Polkadot (not including DOT) to list on Binance. ASTR deposits are open on the regulated US exchange from […]
The elite trillion-dollar big tech club known as MAMATA used to be worth a combined market value of $10 trillion. But that changed this week after the turmoil in the stock market caused the six largest U.S. tech companies to lose over $500 billion in […]
Just four months after the LUNA cryptocurrency crashed to $0, a South Korean court has issued an arrest warrant for Terraform founder and the primary developer of cryptocurrencies Luna and TerraUS Do Kwon, Reuters reported, citing a spokesperson for the prosecutors. “An […]
The US stock market just had its worst day of 2022. The wealth of millions of Americans took a nosedive today after the market wiped out $1.6 trillion in just six and a half hours of trading. Tech stocks were particularly […]
Auto parts supplier Aptiv is acquiring an 85% stake in the Intercable unit as part of its push to expand into electric vehicle (EV) business. In an announcement on Tuesday, Aptiv said it has agreed to acquire an 85% equity stake in […]
While the news of the crypto bear market dominates the headlines, one fintech continues to focus on the long-term view by building alliances and investing in the R&D and technology required to build the next phase of the digital asset […]
With virtually all organizations now running their major applications in the cloud, the security protection of these applications is now more critical than ever. According to a 2019 Data Breach Investigations Report, cloud applications continue to be the leading cause of […]
In early August, Mobile marketing company AppLovin announced it was acquiring gaming giant Unity Software in a $17.54 billion all-stock deal. The enterprise value of the deal is $20 billion. But a little over a month later, the game developer said it’s giving […]
