Starburst, a spinoff from Facebook’s open-source project Presto, has raised a $250 million Series D funding round led by venture capital firm Alkeon Capital, with participation from Andreessen Horowitz and Coatue Management. Altimeter Capital, B Capital Group, Index Ventures, and Salesforce Ventures also […]
Assange DAO is a new group of more than 10,000 Assange supporters established to help secure freedom for WikiLeaks founder Julian Assange. Last week, the group started its fundraising efforts to help with his legal fees and campaigns to increase public awareness of […]
OceanSound Partners is a New York-based growth-oriented private equity firm that invests in technology and technology-enabled services companies serving government and enterprise end markets. Today, the firm announced it has closed $780 for its inaugural fund, OceanSound Partners Fund, LP. […]
With daily headlines of data breaches and new waves of security challenges, organizations and institutions are under constant assault from hackers. A recent Gartner survey of over 2,000 CIOs also reveals the need for enterprises to embrace business composability in 2022. However, […]
Hayvn, an Abu Dhabi-based crypto trading startup, is in talks with institutional investors to raise $30 million in a Series B round that will value the company at $400 million, Reuters reported Wednesday. Hayvn said it aims to receive investment from Gulf […]
As we reported earlier today, the U.S. Department of Justice (DOJ) said it has arrested a New York couple for conspiring to launder stolen bitcoin from the 2016 hack of virtual currency exchange Bitfinex. The DOJ said they were able to seize […]
The end has finally come for Peloton. The fitness startup that was once valued at $50 billion announced today it’s firing over 2,800 employees due to an ongoing downturn in the company’s business. The number represents about 20% of Peloton’s corporate workforce. As […]
Last week, we wrote about Tesla after Elon Musk’s tweet went viral in Times Square. The ad was paid for by some of Musk’s fans. It all started in May 2021 when President Joe Biden visited the Ford’s Dearborn, Michigan plant to […]
The US Department of Justice (DOJ) announced Tuesday morning it seized more than $3.6 billion in allegedly stolen cryptocurrency linked to the 2016 hack of Bitfinex. As part of the operation, DOJ said it has also arrested a New York […]
After a red hot 2021 SPAC mergers, 2022 is shaping out to be another strong year. Today, Grab becomes the latest in a series of tech companies going public via special purpose acquisition company (SPAC) as investors poured billions of dollars […]
Metal corrosion is a costly problem that has plagued humans for centuries. Many of these corrosion problems take place on metal surfaces where cation or anion concentration increases or metal salt or oxide precipitation occurs. For decades, metallurgical engineers have come up with […]
Intel today announced a new $1 billion fund to support early-stage startups and established companies building disruptive technologies for the foundry ecosystem. A collaboration between Intel Capital and Intel Foundry Services (IFS), the fund will prioritize investments in capabilities that […]
SIDUS takes us to infinity and beyond to a Metaverse playing field set far in the future, where humans are morphed with technology. The game play is eerily lifelike and the Multiplayer Online Role-Playing Game leverages the blockchain, in order […]
Robinhood has forever changed the way we invest. Before its GameStop saga with retail investors on Reddit, Robinhood was the free-trading app to democratize investing by giving everyone an equal opportunity to participate in the financial markets. The startup also made it affordable […]
Peter Thiel, an early Facebook investor, announced today that he is stepping down from the board of its parent company, Meta. Thiel said he wants to focus on backing Trump allies for the midterm elections in November, according to a […]
Facebook is a company everyone loves to hate and many think CEO Mark Zuckerberg is ahead of his time. In a widely celebrated news event on October 28, 2021, Facebook rebranded to Meta to reflect Mark Zuckerberg’s ‘metaverse’ vision. While […]
Move over, N26. There’s a new challenger bank in town. Vivid Money is a new financial super app App launched two years ago to make it easy for customers to open a new bank account within a few minutes using their […]
The freight forwarding industry has long played a critical role in the economy. Speedy innovations often skip over this industry, even though the delivery of goods is even more important to both consumers and retailers than it has ever been […]
Ethereum infrastructure tech startup has raised a massive $450 million in Series A funding led by Sequoia Capital India, with participation from SoftBank Vision Fund 2, Galaxy Digital, Galaxy Interactive, Tiger Global, Republic Capital, and other prominent investors like Alan Howard (co-founder, Brevan Howard) and Kevin O’Leary Formerly called Matic Network, Polygon […]
Unless you’ve been paying close attention to the news about the vaccines, it’s almost impossible to know if the vaccines already administered to millions of Americans were actually approved by the US Food and Drug Administration (FDA). On January 31, the FDA […]
