Late last month, Twitter founder Jack Dorsey warned about how “hyperinflation is going to change everything.” But economists and the so-called financial experts were so quick to dismiss what he said. Some even went as far as saying Jack is not […]
Late last month, Amazon quietly increased its stake in electric vehicle tech startup Rivian to 20%, bringing its total equity to $3.8 billion. The revelation came from quarterly filings with the Securities and Exchange Commission (SEC). The retail giant stated […]
The Buy now, pay later (BNPL) phenomenon has grown in popularity in recent years as customers seek alternative methods of financing. BNPL is a new payment option that allows consumers to receive their purchase right away (Buy Now), either online […]
Today, the online video streaming landscape is dominated by larger subscription services like Netflix, YouTube, Disney+, Peacock, Hulu, Amazon Prime Video, Apple TV+, and HBO Max.Together, these subscription services account for a 75% share of the total streaming market while the remaining […]
Pfizer CEO Albert Bourla is back in the news. Speaking with Washington D.C.-based think tank Atlantic Council on Tuesday, Bourla said that people who spread misinformation on Covid-19 vaccines are “criminals” and have cost “millions of lives.” Bourla told Atlantic Council CEO […]
Over the weekend, Elon Musk launched his first-ever Twitter poll to ask Twitter users if he should sell 10% of his Tesla stock to pay billion in taxes. 24 hours later, 58% of Twitter poll respondents say Musk should sell […]
Health tech startup Color Genomics announced Tuesday it has raised $100 million investment as investors continue to pour billions into the crowded digital health market. The announcement comes about ten months after the company raised $167 million in Series D funding to […]
Apple CEO Tim Cook said on Tuesday that he personally invested cryptocurrency. Cook made the revelation after he was asked at the DealBook Online Summit conference if he owns bitcoin or ethereum. “I do. I think it’s reasonable to own it […]
According to the latest estimates, Google controls a little more than 92% of the search engine market share worldwide, which includes 72% of the desktop market and 92% of the mobile search engine market. Google’s nearest competitor, Bing, only controls 2.5% of […]
Data governance tech startup Collibra announced Tuesday it has raised $250 million in a late-stage investment round of funding that values the 13-year old startup at $5.25 billion. The round was led by Sequoia Capital and Belgium-based holding company Sofina, with […]
Robinhood, the controversial commission-free stock trading app that blocked Reddit Army from trading Gamestop and AMC stocks back in April, has been hacked. In a blog post, Robinhood admitted that the fintech company suffered a “data security incident” on November 3rd […]
AI-powered drone startup Citadel Defense announced today it has been acquired by BlueHalo, a mid-market defense innovation company backed by Arlington Capital Partners‘ $1.7B investment fund. The total amount of the deal was not disclosed. Citadel CEO Chris Williams told Tech Startups […]
The New York State Energy Research and Development Authority (NYSERDA) and the Danish Ministry of Climate, Energy, and Utilities today announced an extension of their existing Memorandum of Understanding (MOU) through 2025, expanding collaboration beyond offshore wind to also foster […]
We covered UC Berkeley SkyDeck last week after the startup accelerator of the University of California at Berkeley admitted 20 tech startup companies from across the globe for its Batch 13 startup cohort, with each receiving $105,000 funding along with other benefits over the […]
In its Global Risks Report 2021, the World Economic Forum listed five top cybersecurity challenges. These are the increased complexity of cyber threats, fragmented and complex regulations, dependence on other parties, lack of cybersecurity expertise, and the difficulty in tracking cybercriminals. […]
With the electric car market is getting more crowded, automakers around the world are beginning to set their sights on a new smaller portion of the market: the electric trucks. Unlike the electric cars, there are a few handful companies in […]
Doing business in today’s global economy is riskier than ever. With cash flow being the lifeblood of most small businesses, unpaid invoices and a lack of cash on hand could force many companies to shut down and go out of […]
Artificial intelligence pioneer Andrew Ng is an adjunct professor at Stanford University Department of Computer Science and Department of Electrical Engineering and the brain behind the Google Brain research lab. In 2011, he co-founded Google Brain, a deep learning artificial intelligence […]
Less than 10 months after emerging from stealth, San Diego-based compliance and security automation startup Drata joins the coveted unicorn club after raising $100 million in Series B funding. The round, which was led by ICONIQ Growth, makes Drata one of the fastest SaaS companies […]
Over the weekend, we wrote about Elon Musk’s first-ever Twitter poll when he asked Twitter users if he should sell 10% of his Tesla stock to pay billion in taxes. Now the results are in 24 hours after the poll […]
