We wrote about AUTO1 after the German used car marketplace startup raised $558 million from SoftBank to expand internationally and build direct car sales and financing opportunities for dealers. Today, AUTO1 makes its debut on Germany’s Frankfurt stock exchange. The shares of SoftBank-backed AUTO1 rallied 45% […]
Medical research is hard. As such, any tools to improve productivity and collaboration is welcomed by researchers and scientists. Flywheel is a Minneapolis, Minnesota-based health-tech startup that is transforming research productivity, collaboration, and reproducibility with a next-generation platform for imaging and machine […]
In 2019, we wrote about Careem after Uber acquired the Middle East ride-hailing startup for $3.1 billion. Uber completed the acquisition in January 2020 after completing various regulatory requirements. Careem later became a wholly-owned subsidiary of Uber, preserving its brand. […]
In a sign of the ongoing conflicts at Google over diversity and ethics, an engineering director and a software developer have resigned from the search giant over the firing of AI ethics researcher Timnit Gebru, according to Reuters, which first […]
That didn’t take long. Just a few days ago, Elon Musk said he was taking a break from Twitter, perhaps to focus on important things. “Off Twitter for a while,” Musk tweeted at 3:45 AM on February 2 without giving any […]
Just a few hours ago we wrote about the Parler to ask about the status of the free speech app after CEO John Matze said back in early January that he was ‘confident’ the platform will return back fully by […]
For whatever reasons, Americans are not eager to take the coronavirus vaccines. Even with millions of lives lost around the world, so far, less than 2% of Americans have received both doses of a Covid-19 vaccine, according to data from […]
We live in strange times. What happened to hire Americans first before foreigners? Not so long ago, it was considered patriotic to always hire American citizens first before hiring people from other countries. Not anymore. According to court documents, The U.S. Department of […]
Toward the end of last month, we wrote about Parler after its CEO John Matze said he was ‘confident’ the platform will return back fully by month’s end after series of positive developments. With January behind us, everyone is wondering […]
Crush Capital announced that it has raised $3.25 million in Seed funding to democratize initial public offerings (IPO) and bring IPO investing to everyday Americans through pioneering streaming series “Going Public.” The oversubscribed round was backed by renowned VC Arlan […]
With the arrival of vaccines to combat the spread of the deadly coronavirus, millions of companies are preparing to return back to their office. Just in time when people start going back to the office, video conferencing company Zoom said Tuesday […]
After writing over 5,000 news stories about technology startups, we have found that entrepreneurship is definitely is not for the faint of heart, especially in this fast-paced, hyper-competitive environment dominated by tech giants like Google, Facebook, Microsoft, and others. At […]
Recruitment is a tricky profession. Hiring the best talent is not limited to the traditional hiring practices based upon the best resume with reliable references. One golden nugget that has been lost over time is the sense of fit. The […]
What’s going in the beverage market space? And why is everyone interested in the alcohol and wine business all of a sudden? Yesterday, we told you about Uber after the ride-sharing company made a foray its first into the alcohol […]
There is a massive data shortage caused by data privacy laws that are limiting the effectiveness of the development and training of AI/ML models. According to the Gartner Hype Cycle for Privacy released July 2020, authored by Bernard Woo and Bart […]
While Google may be killing it in the search space, the search giant is not doing so well in other areas. Its cloud unit is bleeding money. In the earnings announcement yesterday, Google revealed that its cloud business lost $5.61 billion […]
Valon, formerly known as Peach Street, is a New York-based real-estate startup and tech-enabled residential mortgage servicer with a mission of improving the homeownership experience through technology. Today, Valon announced it has closed a $50 million Series A financing to accelerate growth […]
You can now order alcohol via Uber. Today, Uber announced it is acquiring Boston, MA-based alcohol-delivery service startup Drizly for $1.1 billion in stock and cash. The deal is expected to close within the first half of 2021. Following the completion […]
Amazon announced today that Jeff Bezos will step down as CEO and “transition” to the role of executive chair in Q3 2021, who after 27 years at the helm of the retailer he founder, is ending an era at Amazon. […]
In recent years, the sales of battery-electric and plug-in hybrid electric cars have skyrocketed partly due to the success and popularity of companies like Tesla. In 2019, electric cars accounted for 2.6% of global car sales and about 1% of […]
