If you are a regular audience of this platform, you’ve probably read our article about the conspiracy theory and erroneous claim that 5G networking equipment weakens the immune system. That claim has since been debunked. Over the years, the development […]
With many issues facing our world today, small and big corporations alike are no longer just focusing on short-term profit but also on their impacts on society and the world at large. Today, the world is faced with a plethora […]
Robinhood is in trouble with government regulators again. The commission-free trading app found itself in hot water after the New York State’s financial regulator fined the crypto unit of Robinhood $30 million for alleged violations of anti-money-laundering, cybersecurity, and consumer protection […]
On August 17, 2020, The Italian Supervisory Authority (SA) banned the use of Google Analytics, ruling that it was non-compliant with EU data protection rules. They banned the popular analytics tool, finding that the protections Google applied were not sufficient to […]
Every year, the U.S. government creates hundreds, if not thousands, of new regulations that impact small and big businesses alike. In the last two decades, the regulatory burden has grown substantially and cost over two million jobs. Companies dedicate a large […]
Crypto hackers strike again. In the latest heist to hit the crypto space, U.S.-based crypto exchange Nomad has been hit by a $190 million theft, according to a report by blockchain researchers. The revelation comes just a week after Nomad raised $22 […]
Last month, OpenSea said it was laying off 20% of its workforce to reduce costs amid a prolonged slump in crypto-asset markets. The world’s largest NFT marketplace also saw the sales of non-fungible tokens (NFTs) on the Ethereum blockchain network fell […]
Electric heavy truck maker Nikola Motors announced on Monday it has agreed to buy energy storage technology company Romeo Power for $144 million as part of its effort to secure control of critical battery pack engineering and production process, giving the Tesla rival control […]
Creating robots is hard and challenging. Most roboticists will tell you that it took years before the last robot they built or programmed was any good at performing a specific task. So to avoid reinventing the wheels, most robotic companies typically begin […]
Last week, we wrote about tech startups struggling to raise new funds due to the global economic downturns and other macro events such as inflation, the Russia-Ukraine war, and the rising interest rates. But there is a bigger problem facing […]
Global Payments, an Atlanta-based provider of payment technology and software solutions, announced it has reached an agreement to acquire a smaller rival EVO Payments in a deal valued at nearly $4 billion including debt. The announcement comes just a year after Global […]
The crypto bear market is here and no one knows how long it’s going to last. After many years of sugar-high growth fueled by money printing by the world’s central banks, the global crypto market is slowly cooling down. Overall, […]
On Monday, we wrote about Zipmex after the Singapore-based cryptocurrency exchange startup came under investigation by Thailand Securities and Exchange Commission (SEC). The investigation started after Zipmex temporarily suspended withdrawals for thousands of its customers but later resumed withdrawals on […]
In the late 70s and early 80s, Japanese and South Korean automakers succeeded in crackin the American car market. Now, an unknown Vietnamese carmaker wants to do the same with plans to sell its electric SUVs in the United States. VinFast is a […]
In April, Chinese self-driving tech startup Pony.ai received a taxi license in China to become the first autonomous driving taxi company in the country. The startup said it was awarded a license to operate 100 driverless vehicles in the Guangzhou city […]
Global venture capital investments in technology startups fell significantly in Q2 investors pull back due to fear of looming recession and global economic downturn. Startup funding reached $120 billion, the lowest amount recorded for a single quarter since the beginning […]
In October 2021, Facebook founder and CEO Mark Zuckerberg announced with great fanfare that it was changing its corporate name to Meta to reflect its focus on the metaverse, a term the social giant described as “an embodied internet where you’re in the experience, […]
Jack Ma, Chinese billionaire and founder of Alibaba, plans to give up control of financial technology giant Ant Group Co in an effort to move away from affiliate Alibaba Group Holding “after more than a year of extraordinary pressure from […]
Unstoppable Domains, a San Francisco-based tech startup and pioneer of blockchain domains, has become a new member of the highly coveted unicorn club after raising $65 million in Series A funding. The round, which now puts the company at a […]
In 2021, the total world population was estimated to be around 7.88 billion people. By 2050, the number is expected to hit 10 billion which will result in a 70% increase in food demand. With billions of people to feed, there are also […]
