In the United States, The average bank interest rate for interest checking accounts is a meager 0.03%. Savings accounts aren’t any better either. The average savings account rate is currently 0.06%, while the average money market account interest rate is 0.09%. Considering […]
Global payments giant Visa revealed Monday it bought CryptoPunk,” one of the thousands of non-fungible token (NFT)-based digital avatars for $165,000. According to the company’s official news-based Twitter account, Visa told its 114,000 followers it paid 49.5 ethereum ($165K) for the […]
Pharmaceutical giant Pfizer announced on Monday it has agreed to buy Canadian drug developer Trillium Therapeutics in a deal valued at $2.26 billion to strengthen its arsenal of blood cancer therapies. According to the announcement, Pfizer will pay $18.50 for […]
SoftBank Group’s Vision Fund is the world’s largest technology-focused venture capital fund with over $100 billion in assets. Since its inception 39 years ago, the Japanese giant has invested billions of dollars in technology startups around the world, except in […]
The Food and Drug Administration (FDA) has granted full approval to Pfizer-BioNTech coronavirus vaccine wins full FDA approval, according to a report from The Washington Post, citing two individuals with direct knowledge of the decision. “Federal regulators Monday granted full […]
Adobe announced Thursday that it plans to acquire video workflow startup Frame.io for $1.275 billion. Frame.io is a maker of cloud-based software that enables multiple people to provide input on videos. The acquisition is expected to close during the fourth quarter of Adobe’s 2021 […]
As you may recall, PayPal announced in March the launch of “Checkout with Crypto” to enable PayPal customers in the U.S. to checkout with cryptocurrency alongside other payment methods in the PayPal wallet. At the time, the payment giant said it […]
In North America alone, the Rent-to-Own Industry is $8.5 billion, according to 2019 data from the Association of Progressive Rental Organizations, a nonprofit trade association advocating on behalf of the rent-to-own industry. The data includes dealers and companies that rent furniture, electronics, […]
Is there nothing coffee can’t do? A new study from the United Kingdom found that drinking 1 cup of coffee reduces the chance of Covid 19 by 10%. However, drinking 10 cups had no further effect. While vaccines, therapeutics, wearing masks, […]
In 2012, Tilt CEO James Beshara was named one of the 15 sharpest up-and-coming CEOs in Silicon Valley. Tilt (formerly Crowdtilt) was a crowdfunding company that allowed for groups and communities to collect, fundraise, or pool money online. The company was […]
Early this month, a Pfizer-funded study of 45,000 patients conducted over 6 months found there were 15 deaths in the vaccinated people versus 14 deaths in the unvaccinated. The highly-anticipated Pfizer’s safety and efficacy study of the BNT162b2 mRNA COVID-19 vaccine […]
David Lidstone, 81, known as “River Dave,” was arrested and jailed on July 15 for allegedly squatting on a property for nearly 30 years in Canterbury, New Hampshire. His shack was mysteriously burned down to the ground on August 4. The news of his […]
According to an estimate from the World Bank data, global remittances were estimated to be about $702 billion in 2020, down from $719 billion in 2019. Of that total, $540 billion are expected to have flown into low and middle-income […]
Yesterday, Tesla CEO Elon Musk unveiled Tesla Bot, a humanoid robot that runs on the same AI used by Tesla’s fleet of autonomous vehicles. The unexpected revelation came at the end of Tesla’s AI Day, during which engineers gave highly technical presentations […]
For months, Pfizer and Moderna had advertised their covid vaccines as having efficacy rates of over 90% against Covid-19 after two doses. In a statement on its website, Pfizer said “Analysis of 927 confirmed symptomatic cases of COVID-19 demonstrates BNT162b2 is highly […]
Back in April, the Centers for Disease Control and Prevention (CDC) Director Dr. Rochelle Walensky faced backlash after she said that “vaccinated people do not carry the virus, don’t get sick. The CDC later walks back the claim that vaccinated people do […]
How effective is the vaccine in preventing the spread of covid-19? The answer depends on the type of variants. Late last month, a Pfizer-funded study found that Pfizer vaccine effectiveness drops to 84% after 4 to 6 months. The study also […]
Airlift, a Lahore, Pakistan-based transportation company has raised $85 million in the largest-ever funding round for a Pakistani startup. Co-led by Harry Stebbings’ 20 VC Explorer and Josh Buckley’s Buckley Ventures, the round is also the largest Series B ever raised by […]
The Taliban have seized U.S. military biometrics devices that could aid in the identification of Afghans who assisted coalition forces, according to a report from The Intercept, citing current and former military officials. As The Intercepts noted, the biometric devices […]
We all have people who helped make us who we are. Call them mentors, godparents, great bosses, or just wise friends; no one makes their way to success completely on their own. In business, this concept is similar. Incubators aren’t […]
