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JPMorgan CEO Jamie Dimon: Bitcoin has no value and authorities will soon ‘regulate the hell out of it’

Daniel Levi Posted On October 4, 2021

In 2017, JPMorgan CEO Jamie Dimon took a shot at Bitcoin, saying the world’s most popular cryptocurrency “is a fraud.” At a gathering hosted by Barclays in New York, Dimon said, “It’s just not a real thing, eventually it will be closed.” […]

2.0K Views

Startup Funding / Tech Startup News / Tech Startups / Technology News / Venture Capital

Summit Partners raises $8.35 billion for its 11th fund to provide growth capital for startups and entrepreneurs

Daniel Levi Posted On October 4, 2021

Summit Partners, a global alternative investment firm, announced today it has raised $8.35 billion for its latest flagship U.S. growth equity fund. The Summit Partners Growth Equity Fund XI was launched in June 2021. Summit said the latest fund will target minority […]

2.1K Views

Launch / Startup Funding / Tech Startup News / Tech Startups / Technology News

Colorado tech startup Elevate launches with $15M in funding to revolutionized employee benefits

Nickie Louise Posted On October 4, 2021

Consumer-directed benefits are pre-tax benefit plans designed to give American workers more control over their earned income and save money on everyday out-of-pocket expenses. The consumer-directed benefits are offered by 95% of American companies and used by 95 million American employees, […]

2.2K Views

Bitcoin / Cryptocurrency / DeFi / Ethereum / Tech Startup News / Tech Startups / Technology News / Token

DeFi bug accidentally gives $162 million to users; founder is now begging and threatening users to return the tokens

Daniel Levi Posted On October 4, 2021

What started last Friday as one of the largest Decentralized Finance (DeFi) bugs in history is now turning out to be bigger than what everyone had originally anticipated. Last Friday, Compound Labs, a popular decentralized-finance staking protocol, reported that about $90 […]

10.9K Views

Acquisition / Self-Driving / Smart Car / Tech Startup News / Tech Startups / Technology News

Qualcomm, investment firm SSW Partners to buy Swedish automotive company Veoneer for $4.5 billion

Daniel Levi Posted On October 4, 2021

Qualcomm and investment firm SSW Partners announced on Monday they had reached a deal to buy Swedish company Veoneer for $4.5 billion in cash, according to news first reported by Reuters. Founded just three years ago, Veoneer is an American Swedish […]

3.0K Views

Featured

El Salvador becomes the first country to mine bitcoins using energy from volcanoes

Daniel Levi Posted On October 4, 2021

In June, El Salvador became the first country in the world to adopt bitcoin as legal tender alongside the US dollar. Even though the initial nationwide rollout hit a bumpy road due to some technical issues, many observers still called it a […]

1.9K Views

Environment / Tech Startup News / Tech Startups / Technology News

Over 80% of global energy still comes from fossil fuels despite trillion dollars investments in renewable energy

Nickie Louise Posted On October 3, 2021

Over the past two decades, at least $3 trillion has been invested in renewable energy sources including solar, winds, hydropower, and battery storage. A 2019 report from UN Environment Programme (UNEP) found that investments in renewable energy were set to […]

2.3K Views

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

Al Gore invests $600 million in UK clean energy tech startup Octopus Energy Group at $4.6 billion valuation

Daniel Levi Posted On October 2, 2021

Former U.S. Vice President Al Gore has invested $600 million of equity in U.K. energy tech startup Octopus Energy Group. The funding, which valued the company at $4.6 billion, was made via Al Gore’s investment firm Generation Investment Management. As […]

2.2K Views

Tech Startup News / Tech Startups / Technology News

Meet SAM, The Bricklaying Robot That Can Build Walls Faster Than Humans

Nickie Louise Posted On October 1, 2021

The future of work is here and technology has become an equal opportunity disruptor. It is now clear that it is not a matter of “if” but “when” these new technologies will change how we work. Automation and technological advancements in […]

3.7K Views

Science / Technology News

Shortage of carbon dioxide causing food shortages and mass disruption to food supplies in the UK

Daniel Levi Posted On October 1, 2021

The UK food industry, already stressed from supply chain woes and labor shortages due to Brexit and the covid pandemic, is now under even more pressure due to the lack of carbon dioxide (CO2). Yes, you read it right–lack of […]

3.7K Views

FinTech / Startup Funding / Tech Startup News / Tech Startups / Technology News

Top 100 Startups Reshaping the B2B Payments Fintech Market

Daniel Levi Posted On October 1, 2021

In 2020, the global GDP amounted to about $84.54 trillion, according to data from research firm Statista. On the other hand, the global B2B eCommerce market was estimated to be $12.2 trillion in 2019, which is over 6 times that […]

4.4K Views

Startup Funding / Technology News

SoftBank-backed Indian tech startup Oyo files for $1.2 billion IPO

Daniel Levi Posted On October 1, 2021

As you may recall, we reported last week that Indian hotel chain Oyo, a SoftBank-backed Indian hospitality startup was planning for an initial public offering (IPO) this week to raise around $1 billion. The day has finally come and we […]

1.4K Views

Research / Space / Technology News

New study warns humanity: Rare solar superstorm could cause ‘internet apocalypse’ and global outages that could last for several months

Daniel Levi Posted On September 30, 2021

In September 1859, the first recorded solar storm, also known as a Coronal Mass Ejection (CME), hit the United States. Known as the Carrington Event, the solar storm caused widespread telegraph problems. If the same Carrington-scale event were to hit the United […]

45.1K Views

Electric Car / Electric Vehicles / Smart Car / Smart City / Tech Startup News / Tech Startups / Technology News

Lordstown Motors, an EV startup under SEC investigation for an alleged 100,000 in fake preorders, reportedly sold its Ohio plant to Taiwan-based Foxconn

Daniel Levi Posted On September 30, 2021

Foxconn Technology Group (Foxconn), a Taiwan-based company and the world’s largest electronics manufacturer, is nearing a deal to buy the electric truck startup Lordstown Motors’ Ohio plant, according to a report from Bloomberg, citing people familiar with the matter. The […]

2.1K Views

Space / Technology News

Jeff Bezos’ Blue Origin is a ‘toxic’ workplace, 21 current and former employees claim in an essay

Daniel Levi Posted On September 30, 2021

On Tuesday, SpaceX CEO Elon Musk took a jab at Jeff Bezos during an interview, saying, “you can’t sue your way to the moon.” Blue Origin, a space company founded by Amazon founder Jeff Bezos, sued NASA in August after the agency […]

2.1K Views

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

Israeli startup Empathy raises $30M Series A funding to help families deal with the death of loved ones

Daniel Levi Posted On September 30, 2021

In recent years, tech companies have been busy working on a variety of ways to prevent and avoid death — including uploading the human brain to a computer. However, there is still no disruptive technology out there that prevents humans […]

2.3K Views

407

Newer Posts Older Posts

JPMorgan CEO Jamie Dimon: Bitcoin has no value and authorities will soon ‘regulate the hell out of it’

Summit Partners raises $8.35 billion for its 11th fund to provide growth capital for startups and entrepreneurs

Colorado tech startup Elevate launches with $15M in funding to revolutionized employee benefits

DeFi bug accidentally gives $162 million to users; founder is now begging and threatening users to return the tokens

Qualcomm, investment firm SSW Partners to buy Swedish automotive company Veoneer for $4.5 billion

El Salvador becomes the first country to mine bitcoins using energy from volcanoes

Over 80% of global energy still comes from fossil fuels despite trillion dollars investments in renewable energy

Al Gore invests $600 million in UK clean energy tech startup Octopus Energy Group at $4.6 billion valuation

Meet SAM, The Bricklaying Robot That Can Build Walls Faster Than Humans

Shortage of carbon dioxide causing food shortages and mass disruption to food supplies in the UK

Top 100 Startups Reshaping the B2B Payments Fintech Market

SoftBank-backed Indian tech startup Oyo files for $1.2 billion IPO

New study warns humanity: Rare solar superstorm could cause ‘internet apocalypse’ and global outages that could last for several months

Lordstown Motors, an EV startup under SEC investigation for an alleged 100,000 in fake preorders, reportedly sold its Ohio plant to Taiwan-based Foxconn

Jeff Bezos’ Blue Origin is a ‘toxic’ workplace, 21 current and former employees claim in an essay

Israeli startup Empathy raises $30M Series A funding to help families deal with the death of loved ones

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