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 […]
Two weeks ago, we wrote about Tesla after US regulators asked Tesla to recall 158,000 Model S and Model X vehicles over media control unit failures. Now, Tesla announced today it has voluntarily recalled 134,951 Model S and Model X vehicles […]
Time flies! Last month, Wikipedia, the online free-content encyclopedia project helping to create a world in which everyone can freely share the sum of all knowledge, turned 20 years. The Wikimedia Foundation is a nonprofit that hosts Wikipedia and other free knowledge projects. Now, […]
Decentralized database Bluzelle is launching its first developer grant program, focused largely on the creation of censorship-resistant applications. As part of the grant program, $500,000 of funding will initially be available for blockchain and software developers to build creative products on […]
Back in August 2020, we wrote about Russia’s Sputnik V vaccine after the Russian scientists said they have completed the clinical trials of a vaccine against covid-19. The phase clinical trials of the Russian vaccine were completed in less than two months […]
Back in December, we featured Divvy Homes in our list of the ten most successful tech startups of 2020. Divvy is a real estate tech startup addressing the housing affordability crisis across the U.S. with a flexible homeownership model for hard-working […]
The last time we wrote about UiPath was back in July 2020 when the New York-based tech startup raised $225 million in a Series E funding. Today, UiPath announced it has closed another $750 million Series F funding round at a post-money valuation […]
Amid the ongoing GameStop controversy and the upcoming SpaceX launches, Tesla CEO Elon Musk is taking a break from Twitter, perhaps to focus on his business. After a busy few weeks responding to the GameStop controversy and throwing his support around Reddit […]
Last week, it was the electric-vehicle startup Faraday Future. This week, another tech startup is joining the SPAC craze. Astra, a San Francisco, California-based rocket launch startup that provides satellite delivery service and launch service, announced Tuesday it is going public through […]
Google will pay $3.8 million to settle discrimination case that it underpaid women and unfairly passed over women and Asians for job openings. The $3.8 million also includes $2.6 million payment to more than 5,500 employees and past job applicants to resolve allegations that […]
It’s been just over a year since the first coronavirus case was reported in the United States. For the first time, more Americans have now received at least one dose of the vaccine than have tested positive for the virus since […]
The global space tourism market is estimated to reach $1. 7 billion by 2027. The companies currently leading this market are Virgin Galactic, Airbus Group, Boeing Company, and others. Now SpaceX wants to make a foray into the nascent space tourism industry. Today, SpaceX […]
Databricks, a cloud-native tech startup whose software helps companies quickly process large sets of data and get it ready for analysis, announced today it has raised $1 billion to meet the growing demands of its unified data platform. The new […]
Is Robinhood in trouble? Just two days ago, the free-trading app Robinhood raised a $1 billion lifeline from investors to stay afloat. Then over the weekend, The Wall Street Journal reported that Robinhood has raised another $2.4 billion from shareholders. The announcement […]