According to the Consumer Financial Protection Bureau, more than 30 million young adults are considered “cash-rich” but with limited credit histories, making their only option to use debit cards. TomoCredit is a San Francisco-based fintech startup started by immigrant founders. The […]
Even with a purchase of $1.5 billion worth of bitcoin, Elon Musk is not backing away from Dogecoin, a cryptocurrency he called “the people’s crypto.” Just this morning, Musk announced in a tweet that he has “Bought some Dogecoin for […]
Tyler Technologies announced Wednesday it will buy Olathe, Kansas-based payments company NIC Inc for about $2.3 billion, as the COVID-19 pandemic has accelerated a shift to online services and electronic payments by governments. Founded in 1992 by Jeff Fraser, NIC is […]
The global eSports market is booming. According to Newzoo, the global esports will top $1 billion in 2020, a year-on-year growth of +15.7%, up from $950.6 million in 2019. The number of eSports players has also doubled from 2018 to 2021. […]
Are you tired of being tracked online? Maybe it’s time to consider privacy-focused search engines. Yesterday, we wrote about how Google is tracking you on 86% of the top 50,000 websites online. The more people learn about how Google tracks […]
Last year, we covered series of stories of how SoftBank Group went from losing billions of dollars in its investments in Uber, and other startups to ending the year with billions of dollars in profit. Just yesterday, the Japanese technology conglomerate […]
We love writing about startup success stories because that’s primarily what our site is about. It brings us joy when startups succeed. In addition, bootstrapping a startup from nothing to a multi-million business takes hard work, resilience, perseverance, focus, and […]
Every day, Google processes over 3.5 billion searches. Have you ever wondered how Google makes its money? The bulk of Google’s 162 billion dollar revenue in 2019 came from its proprietary advertising service, Google Ads. According to data from research firm […]
It seems like it was just yesterday when Facebook admitted to the inadvertent exposure of up to 87 million users’ information to the political analysis firm Cambridge Analytica in 2018. A year later, the Federal Trade Commission (FTC) fined Facebook $5 billion […]
This past year has been one for the history books, not just for people in the U.S. but for everyone around the world. COVID-19 shut down the entire world in March 2020 with people dying from this mysterious sickness. Emergency […]
What a difference a year makes. Remember back in April 2020 when high-level U.S. government sources said they believe coronavirus originated from the Wuhan Virology laboratory? At the time, the U.S. government officials said: “The United States now has high confidence that […]
Branded, a Paris, France-based startup and a global platform that partners with and invests in online eCommerce consumer products and marketplace brands online, today announced it has raised $150 million in investment capital and acquired 20 best-selling marketplace brands. The round was led […]
Jüsto, a Mexico City-based FoodTech startup and an online supermarket delivery-only grocery store chain, today announced it has raised a $65 million Series A funding to fuel its expansion into a leading online grocer across Mexico and Latin America. The latest round, which […]
On January 21, Tesla CEO Elon Musk tweeted that he would be donating $100 million toward a prize for the best carbon capture technology with plans to provide details the following week. Now, we have all the details we’ve been […]
Adapdix, a Silicon Valley-based tech startup that offers a software platform that optimizes Artificial Intelligence (AI) and Machine Learning (ML) at the edge, announced today that it has received new funding from SoftBank’s Opportunity Fund, bringing the total investment amount […]
Reddit, a social news aggregation startup at the center of a recent stock market frenzy, announced it has raised $250 in Series E funding from existing and new investors, valuing the startup at $6 billion. Reddit plans to use the fresh […]
Back in June 2020, we wrote about a 20-year stock trader Alexander E. Kearns who took his own life after he misunderstood a potential loss from a stock-options trade. Kearns later committed suicide after he saw a $730,000 negative balance in his Robinhood account. Before […]
On January 10, we wrote about the free speech social app Gab.com after it reported a 750% increase in traffic and 18 million visits in just 24 hours. We’re now in February and the numbers are in. Gab reported today that […]
“Who let the Doge out?” That was another Elon Musk’s tweet that sent Dogecoin soaring another 53% on Sunday. Today, Dogecoin is now the eighth-most valuable cryptocurrency on the planet with a market value of $10 billion, according to cryptocurrency data tracker […]
AstraZeneca vaccine is beset with lots of bad news in recent months. On January 31, the City of Manaus reported that elderly people died after receiving the AstraZeneca vaccine. According to the report, an 83-year-old male died after receiving a dose […]
