Every day, a new cryptocurrency is released into the digital economy through a process known as mining. However, crypto mining is a deeply energy-intensive process. “Mining” bitcoin involves solving complex mathematical problems in order to create new bitcoins. Bitcoin miners are later rewarded with […]
While Americans are preoccupied with coronavirus pandemic and internal infighting along identity lines, Russian forces are moving near Ukraine’s borders in what could lead to World War 3. The military tension between the two countries escalates in recent months as […]
In a 9-0 decision, the U.S. Supreme Court on Thursday sided with Facebook over its argument that text messages the social media company sent did not violate a 1991 federal law called the Telephone Consumer Protection Act (TCPA). The U.S. […]
Apple announced today that it will use Tesla’s Megapack at its new battery-based renewable energy storage facility in California. According to the smartphone giant, the program is designed to store some 240 megawatt-hours of energy. First announced in 2019, the […]
NFTs are all the rage. No day goes by without another headline on NFTs, also known as non-fungible tokens. Tech investors and venture capitalists are writing big checks for tech startups in the booming NFT space. Earlier today, we also wrote […]
For the first time, Pfizer finally answers the question everybody has been asking: How long do the COVID-19 vaccines last? Pfizer and BioNtech announced Thursday that their Covid-19 vaccines are highly effective at protecting against symptomatic Covid-19 up to six months after […]
Late last year, we wrote about Fetch Rewards after the consumer-loyalty and retail-rewards app raised $80 million in Series C funding to accelerate growth. Fetch Rewards has seen rapid growth during the global pandemic as COVID-19 created a sudden and significant shift in […]
In the latest sign of the investment craze for so-called non-fungible tokens (NFT), crypto-mining service provider Argo Blockchain announced Thursday plans for its new company, NFT Investments, for an IPO on the niche Aquis Stock Exchange Global Market in London. NFT […]
Facebook and Google are planning to lay two huge undersea cables that will link the West Coast of the United States to Singapore and Indonesia to advancing internet connectivity between the Asia-Pacific region and North America. Indonesia is Southeast Asia’s biggest economy […]
Another day, another billion dollars contract. Earlier today, the Pentagon announced that Microsoft has won a contract to build more than 120,000 custom HoloLens augmented-reality headsets for the U.S. Army. The contract is part of the Integrated Visual Augmentation System […]
Tesla CEO Elon Musk just that the electric car giant is hiring over 10,000 people for its Giga Texas factory. In a Twitter post about an hour ago, Musk said over 10,000 people are needed for Giga Texas just through 2022. […]
J.P. Morgan Commercial Banking today announced the hire of five key executives to support its growing Innovation Economy team within the Middle Market Banking and Specialized Industries (MMBSI) group. Four of the new hires join from Silicon Valley Bank, and one […]
Striim, a Silicon Valley-based tech startup and an enterprise-grade streaming data integration platform for moving data in real-time to the cloud, today announced it has closed a $50 million Series C financing led by Goldman Sachs Growth Equity, with participation from […]
Non-fungible token (NFT) is the craze these days. Even before NFT became popular at the beginning of this year, the NFT market grew by 299% in 2020 to $250 million, according to a new report by NonFungible.com, an NFT market analyst firm. […]
While the headlines have been filled with news about COVID-19, it’s really sad that the two most leading causes of death in the United States, heart disease and cancer, received very little attention in the mainstream media. The situation is […]
The insurtech space is hot again. Late last year, we wrote about Next Insurance after the Silicon Valley-based startup acquired Denver-based insurtech startup Juniper Labs in its first-ever acquisition. The Israeli-founded Next Insurance provides coverage for small businesses and entrepreneurs. Historically, small business […]
With institutional support from banks, payment companies, and investors, cryptocurrencies like bitcoins are slowly moving towards global adoption. Yesterday, PayPal announced the launch of “Checkout with Crypto” to enable PayPal customers in the U.S. to checkout with cryptocurrency alongside other […]
imToken, a Singapore-based tech startup and the world’s largest Ethereum digital asset wallet, announced it has closed a US$30 million Series B funding to accelerate the development of its next iteration. The round was led by Qiming Venture Partners, with participation […]
Price.com, a San Francisco-based tech startup and money savings e-commerce platform, today announced a $10 million series seed funding round led by Ricky Caplin, Chairman of Caplin Family Offices, with participation from Founders Fund; Social Capital; former Twitter CEO Dick […]
The much-anticipated IPO of Deliveroo is finally here. Shares of Amazon-backed food delivery startup plunged by as much as 30% in early trading Wednesday. The company priced its shares at £3.90 ($5.36) but they were down to £2.73 shortly after trading commenced. The unicorn […]