As you may recall just a few hours ago, we told you about Meta after Facebook’s parent company lost 20% of its market value as users abandon the social media platform. For the first time ever, Meta reported declining users causing […]
TTTech Auto, a Vienna, Austria-based tech startup that provides software platforms for automated driving, has raised $285 million in funding co-led by Auto technology supplier Aptiv PLC and Volkswagen AG’s Audi brand. The latest round gives the four-year-old startup a valuation of $1 billion, […]
What you need to know • A new report says Apple’s privacy changes have erased some $278 billion from the market value of four social media companies. • Apple updated its iOS in 2021 so that users have to opt-in […]
Facebook is in trouble and CEO Mark Zuckerberg knows it. The rebranding to metaverse might also not save the company from the external pressures the social giant now faces. For the first time ever, Facebook parent company Meta reported declining […]
UK-based distributed ledger company, Millicent announced the latest funding raise from one of the government’s most prestigious and competitive research and development grants. The blockchain company was awarded the UK Research and Innovation (UKRI) Innovate UK SMART Award with an […]
In May 2021, President Joe Biden visited the Ford’s Dearborn, Michigan plant to celebrate American-made electric muscle cars. Although Tesla is the most popular and the largest automaker by market value, Biden has a problem acknowledging that Tesla is leading the electrification […]
StudyTube, a leading Dutch online learning and development platform, said today it has a leading Dutch online learning and development platform Springest. The total amount of the deal was not disclosed. StudyTube said the acquisition will position the company to become a market leader […]
Cryptocurrency platform Wormhole made headlines yesterday after hackers breached its network stealing more than $320 million from its site in the second-largest DeFi hack ever. As we reported yesterday night, hackers exploited the Wormhole network, one of the biggest bridges between […]
With many issues facing our world today, businesses and big corporations are no longer just focusing on short-term profit but also on their impacts on society and the world at large. Over the past few years, some of these companies […]
Tech stocks were hammered yesterday after companies like Facebook reported disappointing earnings and stagnated user growth. Block, the fintech service formerly known as Square, also slid 10% on Wednesday. And buy now pay later service Affirm was down 9%. The carnage didn’t stop […]
In August last year, we wrote about a DeFi theft involving Polygon after hackers exploited the interoperability protocol on Binance Smart Chain stealing more than $600 million from at least three wallet addresses. The exploit was the largest DeFi hack ever […]
Tech companies spring up all over the world and many companies eventually look to expand their operations to other countries. Sobirovs Law Firm is showing the world that Canada should be the destination for your tech company’s business expansion! Canada for […]
The covid pandemic has forever changed the way we work – and the world of software. With many employees now working remotely and companies increasingly moving to the cloud, employees have been able to download, use, and expense SaaS applications […]
Late last month, we wrote about a 19-year-old who turned down a $5,000 offer from Tesla Elon Musk to take down a Twitter account that tracks his private jet. The news quickly went viral after he rejected Musk’s offer. The saga now […]
Calm, the #1 meditation and sleep app, announced Wednesday it has acquired health technology startup Ripple Health Group. The terms of the deal were not disclosed. As part of the acquisition agreement, Ripple’s CEO David Ko will now serve as Calm’s […]
Productboard, a San Francisco-based product management software maker, has raised $125 million in a late-stage funding round led by Dragoneer Investment Group and Tiger Global. Productboard plans to use the fresh capital to hire staff and expand products for its enterprise […]
In July 2021, a new Pfizer-funded study found that Pfizer vaccine effectiveness drops to 84% after 4 to 6 months. Pfizer CEO Albert Bourla shared findings from the company-funded study that showed Pfizer’s vaccine efficacy declines approximately 84 percent within four […]
Lunchbox, a New York-based FoodTech startup that’s disrupting the restaurant industry, today announced it has raised $50 million Series B Funding to help mom-and-pop restaurants break their reliance on third-party apps. The round was led by Coatue, with participation from existing investors […]
As the security situation on Ukraine’s border with Russia continues to deteriorate, the U.S. Pentagon will move some of its Europe-based forces further east and deploy additional U.S.-based troops to Europe, according to a report from CNBC. NBC News also […]
Google’s Alphabet is now a $2 trillion company. Today, Google parent company Alphabet Inc. inched closer to joining Apple and Microsoft in the elite $2 trillion market valuation club after the search giant’s shares surged 10% on Wednesday after a blowout […]
