Eleven days ago, we wrote about Rivian after the Amazon-backed electric vehicle-truck startup made its Wall Street debut as a public company. Rivian opened at $106.75 per share after being priced at $78. By the time the market closed, shares of the Plymouth, […]
In 2019, nearly 5,000 retailers announced store closures as they failed to compete with companies like Amazon and other online giants. Over the years, the biggest retailers who focused on ‘seasonal’ trends have also fallen behind, giving way to real-time […]
Vestas became the latest victim of a cyberattack after the world’s biggest manufacturer of wind turbines over the weekend after hackers exposed the company’s internal data, forcing the company to shut down its IT systems across multiple business units and locations to […]
MoonPay, a payment infrastructure provider for crypto companies, has raised $555 million in its first-ever financing round led by Coatue and Tiger Global. MoonPay said it will use the new capital infusion to expand its geographic reach, hire more staff, and […]
Today, greenhouse gas (GHG) emissions from transport account for up to 10% of shippers’ total GHG emissions. The problem is compounded by the fact that calculating emissions in the logistics sector is a laborious task and prone to poor quality […]
Telecom giant Ericsson announced Monday it has acquired Holmdel, New Jersey-based cloud communications firm Vonage in a $6.2 billion all-cash deal, as part of the effort to broaden its 5G portfolio. The merger agreement was approved unanimously by the Board of Vonage. The acquisition […]
Are we alone in the universe? Or are there somewhere other intelligent beings out from very different worlds with advanced civilizations than ours? These are some of the questions astronomers and scientists have been asking for since humans first went […]
Earlier this week, the Russian military tested an anti-satellite weapon that left a cloud of debris in orbit. The test was conducted some 500 kilometers (310 miles) above the Earth. Astronauts aboard the International Space Station (ISS) were told to seek […]
On July 20, 1969, the United States became the first country to successfully land humans on the Moon. Although Russia and China have landed spacecraft on the Moon eight and three times respectively, to this day, the United States is the […]
With the saturated real estate market, this new startup is aiming to revolutionize the $156.2 billion real estate sales and brokerage industry and innovate its way to the top. Place is a new prop-tech startup and provider of business services platform […]
LabMinds is a life science startup founded over a decade with the simple idea of helping scientists around the world automate their most ubiquitous processes in laboratories. LabMinds founders later pitched the idea a few months later and went on to win […]
Celer’s cBridge, the multi-chain network that enables instant and low-cost value transfers into Ethereum and its Layer2s, has surpassed $1 billion in total cross-chain transaction volume and assets bridged. Celer’s cBridge has shown steady and rapid progress since launching in […]
It’s been a while since we checked in with Gemini, a crypto startup and licensed digital asset exchange and custodian built for both individuals and institutions founded by the Winklevoss twins. In March, Gemini launched a full suite of crypto […]
The highly anticipated IPO of Indian fintech startup Paytm plunged by 28% on its first day of trading. Paytm’s shares sank as much as 28 percent in a weak stock market debut on Thursday, a week after the country’s biggest-ever initial […]
The story of Apple and its ambition to develop its own electric cars is never going away. Early this year, Hyundai said it was in early talks with Apple to develop self-driving electric vehicles and batteries, according to a report from local […]
Every day, an unprecedented amount of data is generated every second by continuous interactions on our digital devices, online platforms, organizations’ IT systems, and cloud data centers. However, making sense out of this data has remained a challenge for most […]
German digital bank N26 is pulling out of the United States and shutting down its U.S. operations to focus on its core European business. The announcement comes less than two-and-a-half years after it launched in the country. In a surprising […]
The Food and Drug Administration (FDA) asked a federal judge on Nov. 15 to give it until the year 2076 to fully release all of the data and the documents the agency used as the basis for the approval and […]
With daily headlines of data breaches and new waves of security challenges, investors are pouring billions of dollars into promising cybersecurity startups. One of the leading startups in the cybersecurity space is Lacework, a provider of the data-driven security platform for the […]
Decentralized finance (DeFi) has been hailed as a new way for users to lend, borrow and save while bypassing traditional gatekeepers of finance such as banks and government regulations. DeFi is built on the premise that the technology will potentially eliminate […]
