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EV tech startup Faraday Future raises new funding for the production launch of its FF91 electric SUV

Nickie Louise Posted On August 15, 2022

In July, Faraday Future delayed the launch of its flagship electric SUV FF91 after warning that it was short on cash. The Los Angeles-based electric vehicle startup, which went public in a July 2021 merger with a blank-check company, was hoping to raise $325 […]

1.3K Views

Cryptocurrency / Cybersecurity / Featured / Hacking / Security / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Suspected developer of crypto mixer Tornado Cash arrested for laundering $7 billion worth of crypto

Daniel Levi Posted On August 12, 2022

Dutch authorities announced on Friday they had arrested a 29-year-old man believed to be a developer for the cryptocurrency mixer Tornado Cash. The announcement comes just a few days after the US Treasury put the notorious crypto startup on its sanctions list. […]

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Featured / Privacy / Startup Spotlight / Technology News

Google fined $43 million for misleading users on collection of their personal location data

Nickie Louise Posted On August 12, 2022

In May, Texas Attorney General Ken Paxton filed a lawsuit against Alphabet’s Google claiming the Google search engine still collects data on users who think they can be anonymous if they use a “private browsing” mode. The lawsuit came about eight months […]

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Blockchain / Startup Spotlight / Tech Startup News / Technology News

Binance Labs makes a strategic investment in Ankr

Daniel Levi Posted On August 11, 2022

Just two days after the launch of its ANKR token staking to allow Web3 users to earn rewards, Web3 infrastructure provider Ankr announced today it has received a strategic investment from Binance Labs to further improve the scalability of blockchain networks. The […]

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Blockchain / Featured / Launch / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Decentralized tech startup Satellite IM closes $10.5M to offer the world’s first web3 communications platform with private messaging

Daniel Levi Posted On August 11, 2022

Data breaches in the US hit a record high in 2021 affecting nearly 300 million victims. 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 […]

1.9K Views

Blockchain / Launch / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

DeFi tech startup 1inch teams up with KuCoin Wallet to launch its native swap feature

Bode Miller Posted On August 11, 2022

We covered KuCoin three months ago when the crypto exchange hit the unicorn after raising $150 million in Series B funding to expand its presence in Web3, a decentralized version of the Internet that is based on blockchain technology. Since then, […]

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Startup Spotlight / Technology News

Deliveroo exits The Netherlands as food delivery company continues to bleed money

Nickie Louise Posted On August 11, 2022

The ongoing global economic downturn spreading to the food delivery market. With rising inflation and the disappearance of Covid restrictions of the last two years, fewer people now order food online but instead, buy groceries directly from the local stores. One […]

1.4K Views

Bitcoin / Cryptocurrency / Cybersecurity / Ethereum / Featured / Hacking / Security / Startup Spotlight / Technology News

Hackers stole $1.4 billion in crypto assets this year using crypto bridges; launder $540 million through RenBridge

Nickie Louise Posted On August 11, 2022

Just three days after the Office of Foreign Assets Control (OFAC) sanctioned crypto tumbler Tornado Cash, blockchain analytics firm Elliptic is now out with a new report about how blockchain bridges may become the potential future target for sanctions if the US […]

1.7K Views

Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Jeff Bezos, Bill Gates, and other billionaires are backing this AI tech startup that is exploring for rare minerals buried beneath Greenland’s ice to power electric vehicles

Daniel Levi Posted On August 10, 2022

While some may disagree about the true cause of climate change, everyone agrees that global warming is bad because of its disastrous ecological consequences and potentially lead to a dramatic transformation of our planet as we know it. But there are also some […]

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Acquisition / Featured / Health / HealthTech / Startup Spotlight / Technology News

TikTok parent ByteDance acquires Amcare Healthcare for $1.5 billion to make inroads into China’s $1 trillion healthcare market

Daniel Levi Posted On August 10, 2022

TikTok parent-company ByteDance’s healthcare unit in China, Xiaohe Health, has acquired a high-end private hospital chain called Amcare Healthcare in a deal worth $1.5 billion, according to a report from Bloomberg. A spokesperson for Xiaohe Health also confirmed the acquisition. The announcement is […]

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Metaverse / Startup Funding / Startup Spotlight / Technology News

Facebook’s Meta raises $10 billion in its first-ever bond offering to fund share buybacks and investments for its metaverse ambitions

Nickie Louise Posted On August 10, 2022

Late last month, Facebook-parent Meta Platforms reported a loss of $2.81 billion on $452 million in revenue from its VR division Reality Lab. That’s not all. The social giant has lost at least $0.5 trillion in market capitalization since it rebranded over a year […]

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Launch / NFT / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Nas Academy partners with Invisible College to launch crypto academy for Web3

Daniel Levi Posted On August 9, 2022

Just 5 years ago, the world had 5 million social media creators. Today, that number is over 50 million. With this increase also comes the need to train and empower creators to adapt to changing technology and be equipped with […]

1.5K Views

Press Release / Startup Spotlight

ESD announces 5 teams selected for round six of GENIUS NY UAS Accelerator Competition in Central New York

Nickie Louise Posted On August 9, 2022

Empire State Development (ESD) today announced the five GENIUS NY companies selected to participate in round six of the world’s largest business accelerator focused on uncrewed systems. The companies, which are developing innovations in the uncrewed aircraft systems (UAS), internet […]

1.5K Views

Software / Startup Spotlight / Technology News

Google is back online after a software issue caused brief outage that affected thousands of users worldwide

Nickie Louise Posted On August 9, 2022

Google went dark yesterday night after a software issue caused a brief outage that affected thousands of users around the world. We first noticed the outage at around 9.20 p.m. EST. Outage tracking website Downdetector.com also reported that more than 40,000 people […]

1.3K Views

Launch / Startup Spotlight / Technology News / Token

Ankr launches ANKR token staking to allow Web3 users to earn rewards

Daniel Levi Posted On August 9, 2022

Quick Take • 70% of the tokens are distributed to the node — 49% going to individual stakers and 51% allocated to node providers • 30% of the tokens go to the Ankr Treasury (controlled by Ankr DAO) • Nodes […]

1.8K Views

Acquisition / Featured / Startup Spotlight / Technology News

AppLovin offers to buy gaming software giant Unity Software for $17.5 billion

Nickie Louise Posted On August 9, 2022

Mobile marketing company AppLovin on Tuesday announced it has made an offer to buy gaming giant Unity Software in a $17.54 billion all-stock deal. As part of the deal, AppLovin will offer $58.85 for each Unity share, the companies said. The announcement […]

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Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Israeli tech startup Shopic bags $35M to bring its AI-enabled smart cart to top U.S. grocery chains

Daniel Levi Posted On August 9, 2022

These days, leading grocers and retailers are constantly exploring smart cart technologies to meet the growing demand for frictionless shopping and cashier-less checkout. However, introducing purpose-built smart carts to a store is often operationally complicated and very costly. Enter Shopic, a […]

1.7K Views

Featured / FinTech / Startup Spotlight / Technology News

Fintech startup Airswift raises $2 million to build web 3.0 native payment infrastructure

Nickie Louise Posted On August 8, 2022

With millions of businesses currently operating in the physical universe, the arrival of web 3.0 and the metaverse is expected to usher in a new era of financial infrastructure as merchants look for ways to engage and benefit from accepting […]

1.6K Views

Acquisition / Featured / Startup Spotlight / Technology News

Axios sold to Cox Enterprises for $525 million

Nickie Louise Posted On August 8, 2022

Axios, an American news website founded in 2016 by former Politico journalists Jim VandeHei, has been acquired by Cox Enterprises for $525 million, Axios reported on its website. The acquisition will enable Cox Enterprises to expand its digital news site’s coverage to include […]

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Newer Posts Older Posts

EV tech startup Faraday Future raises new funding for the production launch of its FF91 electric SUV

Suspected developer of crypto mixer Tornado Cash arrested for laundering $7 billion worth of crypto

Google fined $43 million for misleading users on collection of their personal location data

Binance Labs makes a strategic investment in Ankr

Decentralized tech startup Satellite IM closes $10.5M to offer the world’s first web3 communications platform with private messaging

DeFi tech startup 1inch teams up with KuCoin Wallet to launch its native swap feature

Deliveroo exits The Netherlands as food delivery company continues to bleed money

Hackers stole $1.4 billion in crypto assets this year using crypto bridges; launder $540 million through RenBridge

Jeff Bezos, Bill Gates, and other billionaires are backing this AI tech startup that is exploring for rare minerals buried beneath Greenland’s ice to power electric vehicles

TikTok parent ByteDance acquires Amcare Healthcare for $1.5 billion to make inroads into China’s $1 trillion healthcare market

Facebook’s Meta raises $10 billion in its first-ever bond offering to fund share buybacks and investments for its metaverse ambitions

Nas Academy partners with Invisible College to launch crypto academy for Web3

ESD announces 5 teams selected for round six of GENIUS NY UAS Accelerator Competition in Central New York

Google is back online after a software issue caused brief outage that affected thousands of users worldwide

Ankr launches ANKR token staking to allow Web3 users to earn rewards

AppLovin offers to buy gaming software giant Unity Software for $17.5 billion

Israeli tech startup Shopic bags $35M to bring its AI-enabled smart cart to top U.S. grocery chains

Fintech startup Airswift raises $2 million to build web 3.0 native payment infrastructure

Axios sold to Cox Enterprises for $525 million

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