Startups looking to secure funding without going down the traditional route have a new option at their disposal. The recently launched Fundrs platform fully embraces decentralization and peer-to-peer funding solutions. Dua.com is the first project to tap into this platform […]
The internet has changed over the years. But the groundwork for today’s internet was laid in 1973 by the U.S. Defense Advanced Research Projects Agency (DARPA). At the time, the goal was to develop communication protocols that would allow networked […]
German automaker Volkswagen AG is selling its WeShare car-sharing business to German tech startup Miles Mobility GmbH. The sale is part of the effort by Europe’s biggest automaker to pull back from what has largely been known as an unprofitable sector. […]
In early 2015, Twitter bought the short-video app Vine for $30 Million before it had ever gotten a chance to launch. By December 2015, Vine had grown in popularity with over 200 million active users. But in October 2016, Twitter shut […]
After several months of drought, special purpose acquisition company (SPAC) deals appear to be gaining momentum once again. So far this year, SPAC deals account for 82 out of the 107 US initial public offerings (IPOs), according to data from the SPAC analytics […]
J.P. Morgan has quietly rolled out an online real estate management platform that let property owners, landlords, and managers automate the invoicing and receipt of online rent payments. Called Story, the all-in-one platform helps to make payments stress-free for property owners […]
Before changing its name to Meta, Facebook is probably the most hated company in the world. In a just few months, the once $1 trillion social giant has seen its market value crash to just $246 billion. “Facebook’s monopoly is […]
Early this month, FireFly successfully launched its first rocket into orbit, advancing the Austin, Texas-based tech startup and rocket builder’s bid to become a reliable partner for NASA, joining the likes of SpaceX and Rocket Lab. On October 3, Firefly’s Alpha rocket FLTA002 took off […]
In just eight decades, closed-circuit television (CCTV) has grown in popularity as homes, businesses and organizations use the video surveillance system to help record images and videos of their critical assets. The CCTV camera works by monitoring, recording video images, and transmitting them […]
Less than a week after billionaire Elon Musk completed the $44 billion acquisition, Twitter is planning to lay off 25% of its workforce of 7,500 employees in the first round of job cuts, the Washington Post reported on Monday, citing a person familiar […]
Remember late last year when a Japanese drone startup unveiled a hoverbike that can fly above public roads? Now, a Chinese tech startup XPeng is aiming to take flying cars to another level. During its TechDay demo earlier this week, XPeng […]
Hackers strike again, this time targeting the personal phone of former British Prime Minister Liz Truss. According to an exclusive report by the Daily Mail, Truss’ phone was so heavily compromised that it has now been placed in a locked safe inside […]
Last October, Mark Zuckerberg announced he was changing the name of the company he founded about two decades ago from Facebook to Meta to reflect its focus on the metaverse. During the speech, Zuckerberg described the metaverse as “an embodied internet […]
13 years ago, Rent the Runway CEO Jennifer Hyman and her co-founder Jenny Fleiss pioneered “closet in the cloud,” an idea that women can rent designer apparel and accessories without having to buy them outright. The duo later launched a fashion rental […]
Just in time for Halloween, the world’s largest crypto exchange Binance has launched a series of educational resources that aims to demystify the world of Web3 and take the creepy out of crypto by making it one less thing to be frightened […]
Minutes after completing the $44 billion Twitter acquisition, Elon Musk began his Twitter ownership with the firings of four top Twitter executives. The first to be fired was former CEO Parag Agrawal. Musk also fired Ned Segal, the chief financial officer, Sean […]
Yesterday, Elon Musk posted a video of himself entering Twitter HQ with a bathroom sink and a message: “Let that sink in!” It now appears that it’s beginning to “sink in” for some Twitter employees. Just minutes after The Financial […]
Google has acquired Alter, an AI avatar startup and the maker of the app that lets people create their own virtual avatars. The transaction was completed about two months ago but the news of the acquisition first became public. A Google spokesperson confirmed […]
Is Facebook’s Meta going the way of MySpace? Earlier today, we wrote about Meta after the company reported a loss of $3.6 billion from its Reality Labs metaverse unit in the third quarter of 2022, causing its stock to close at about […]
While many tech pundits have predicted the early death of non-fungible tokens (NFTs), it appears the NFT craze is not going away anytime soon. Instead, NFT adoption has accelerated despite the ongoing economic slowdown and crypto winter. In a clear sign that […]
