Binance, the world’s leading cryptocurrency exchange, announced today a $1 billion crypto growth fund announced today it had launched a $1 billion fund to help fast-track adoption of digital assets and blockchain technology. The fund, which is divided into four different […]
South Korea-based LG Electronics has agreed to reimburse General Motors up to $1.9 billion to recall Chevrolet Bolt EVs due to fire risks caused by faulty batteries provided by LG. The battery fire problem has led GM to recall every […]
The electric scooter market space is saturated with hundreds of startups competing for their shares of the market. The two major players Bird and Lime have raised over $870 million in the US and expanding to Europe. However, one startup […]
As the world transitions from fossil fuels to renewable energy sources, energy from intermittent sources like wind and solar must be stored for use when the wind isn’t blowing and the sun isn’t shining. That’s one of the biggest problems that […]
Online used car retailer Vroom announced Tuesday that it would buy automotive lender United Auto Credit Corp (UACC) for $300 million in cash. Vroom said the acquisition will enable it to offer financing options for its shoppers. Vroom also said United […]
In July, we wrote about the founder of hydrogen truck startup Nikola Trevor Milton after he was charged with criminal fraud and two counts of securities fraud. About a year before the charges, Trevor Milton resigned from the company he founded as […]
The idea of conducting research and manufacturing materials in space has yielded new discoveries and innovative products that could reshape life on Earth. However, the idea is not a novel concept. For many years, the International Space Station (ISS) — humanity’s […]
For those of you who have been following the legal battle between Apple and Fortnite maker Epic Games, little “David” (Epic Games) won a decisive victory after the Federal judge rule last month that Apple must allow third-party payments in its […]
Just when you think the non-fungible token (NFT) market will fizzle out, the market continues to grow with no signs of slowing down. In March, Mike Winkelmann, the digital artist known as Beeple, made history after a single piece of his non-fungible token (NFT) […]
As cryptocurrency gains mainstream adoption and popularity, the level of illicit activities and risks have also intensified as hackers and cybercriminals stole millions of dollars from investors and financial institutions. But one startup is on a mission to reverse this trend […]
Emerson Electric said today it has agreed to merge its software businesses with smaller rival Aspen Technology in a deal worth around $11 billion. Emerson said the merger will help boost its industrial automation business that caters to a swathe […]
Last week, cybercriminals hacked into Amazon’s Twitch exposing source code and payouts of creators and top 100 highest-paid Twitch streamers. The rise in cyberattacks has also led to an increase in the number of innovative cybersecurity startups aiming to help […]
Over the past five years, stories and news of China dominating the artificial intelligence (AI) world had dominated the headlines. In the summer of 2017, China, the world’s second-largest economy, unveiled a plan to become the world’s leader in artificial intelligence, […]
As the saying goes, everything is bigger in Texas. The same can be said of Tesla Gigafactory. Last year, Tesla announced Gigafactory Texas (also Tesla Gigafactory 5 or Giga Texas), an automotive manufacturing facility near Austin, Texas. With Gigafactory, Tesla […]
Our society produces a lot of waste. Every year, the world generates over 2 billion tons of waste, with at least 33 percent not managed in an environmentally safe manner. According to the World Bank, this number is expected to grow by […]
BetterUp made headlines back in March after the Silicon Valley-based mental health startup hired Prince Harry as its Chief Impact Officer. In his new role, The Duke of Sussex is expected to have input into product strategy decisions and charitable contributions, and advocate publicly […]
As you may recall back in May, Chinese food delivery giant Meituan lost $38.96 billion of its value after the Chinese government’s antitrust crackdown wiped off over $250 billion from Chinese tech stocks. It all started on April 26 when China’s […]
Microsoft announced Thursday it has acquired Ally.io, a Washington-based tech startup that provides software to help organizations keep track of their progress on key goals. The financial terms of the deal were not disclosed. So far this year Microsoft has […]
Early last year, we wrote about tech companies moving out of California to Austin, Texas due to the state’s lockdown rules and poor handling of the stay-at-home order. Then in April 2020 during an earnings call, Tesla CEO Elon Musk announced the company […]
OZY Media is a Silicon Valley-based premium media and entertainment startup founded in 2013 by former MSNBC news anchor, journalist, and businessman Carlos Watson. Ozy provides a digital magazine and daily newsletter. Ozy produces podcasts, television series, and events. At its […]
