Social giant Twitter announced on Wednesday its financial results for the fiscal year 2020, saying it recorded a net loss of $1.136 billion against net income a year earlier. According to the company, “2020 net loss was $1.14 billion, representing […]
It’s been a while since we’ve heard from Xometry, our home state’s tech startup that’s now grown to become the world’s largest on-demand manufacturing marketplace. The last time we wrote about Xometry was back in October 2020 when it announced the […]
Fresh off a successful IPO, DoorDash announced it has acquired Chowbotics, the creator of the Fresh Food Robot. The financial terms of the deal weren’t disclosed, but the Chowbotics team have all become DoorDash employees, and the company will operate independently […]
Failing gaming giant, GameStop (NYSE: GME) was trading under $50 per share heading into an explosive session of unprecedented gains in late January 2021. The stock reached a 52-week high of $483 per share, from a 52-week low of $2.57 […]
Remember back in January when Elon Musk urged his 44 million Twitter followers to ditch Facebook and use the secure messaging app Signal? The two-word tweet was all it took for Signal and Telegram to skyrocket. Immediately after Musk’s tweet, Signal and Telegram […]
As people continue to practice social distancing to stem the spread of coronavirus, many people are staying away from restaurants to avoid human contact for fear of being infected with the deadly virus. Now, Dubai has found an innovative way […]
To steal Musk’s phrase, “It’s getting real.” Creating truly convincing digital humans is hard. It takes a huge amount of time, effort, and skill, not to mention costly equipment and staff. There have been some great examples running in Unreal Engine […]
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 […]