Last month, embattled crypto lender Celsius froze withdrawals for 1.7 million of its crypto holders in the wake of a collapse in cryptocurrency prices, citing what it described as “extreme market conditions.” Three days later, we suggested that “bankruptcy may be the only option […]
Creating and delivering content to end-users is no longer just a question of implementing responsive design. Companies want their content to be easily distributed over different communication channels: websites, web and mobile applications, and connected objects. Traditional content management systems […]
Transportation emits more carbon pollution than any other sector of the U.S. economy, making up about 29% of emissions, according to the US Department of Energy. But the US is not alone. Europe is also experiencing carbon emissions from millions […]
It’s not been a good week for Tesla CEO Elon Musk. His week started out with a lawsuit from Twitter asking the billionaire to consummate the $44 billion merger agreement. Then yesterday, longtime Tesla Autopilot Executive Andrej Karpathy announced on […]
As you may recall back in February, we wrote about Millicent after the distributed ledger fintech startup co-funded by the UK government’s R&D department received funding grants to build the next generation of digital finance. The award from the UK Research and Innovation […]
Graphene is the thinnest material known to man. At just one atom thick, graphene is incredibly strong, about 200 times stronger than steel. Graphene has the potential to change the world, with a lot of promise in almost any industry. Its […]
In April, we wrote about Netflix after the streaming behemoth suffered subscriber loss for the first in more than a decade. The announcement caused the company to lose $50 billion in just one day. During the earnings call in April, Netflix reported a […]
Music streaming giant Spotify announced on Tuesday it’s buying Heardle, the Wordle-inspired music recognition trivia game played by millions of users every day. The total amount of the deal was not disclosed. The acquisition is part of Spotify’s effort to diversify its revenue streams […]
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 […]
