San Francisco-based First Republic Bank is expected to be seized by the US government, according to a report by Fox Business’ Charles Gasparino, citing sources from the bank. The sources told Fox that they believe that the distressed bank will eventually […]
One of the challenges facing frontline teams is the inability to quickly and easily communicate. Today, software is the driving force behind the majority of the workforce except for 55 million frontline team members who either lack access to communication […]
Britain’s antitrust regulator announced on Wednesday that it would block Microsoft’s attempt to acquire the creator of “Call of Duty” Activision Blizzard for $69 billion, citing concerns about potential competition constraints in cloud gaming. The move dealt a surprise blow […]
Good evening! Below are some of the top tech startup news stories for Tuesday, April 25, 2023. RapidAPI, an Israeli tech startup valued at $1 billion a year ago, is laying off 50% of its workforce Rapid API, a […]
Last week, crypto exchange Coinbase said it may leave the US market if the regulatory uncertainty surrounding digital currencies continues. CEO Brian Armstrong told the audience at Fintech Week in London. The exchange has been in a legal tussle with the […]
Last summer, we wrote about Pinduoduo after China’s discount e-commerce giant announced the launch of a new U.S. shopping site called Temu as part of its push to make inroads into the overseas market and challenge Amazon. Temu is a cross-border […]
Spotify reached a new milestone, crossing more than 500 million monthly active listeners. Spotify reported on Wednesday that its audio streaming service is being used by over 515 million people every month, which is more than half a billion users. […]
Good evening! Below are some of the top tech startup news stories for Monday, April 24, 2023. OpenAI has applied for “GPT” trademark with USPTO OpenAI, the creator of the popular chatbot ChatGPT, has applied for the “GPT” trademark […]
Apple declares ‘resounding victory’ on Monday after an appeals court mostly sided with the iPhone maker over its App Store rules in a lawsuit with Epic Games. The verdict signals that Apple’s authority over the App Store and the fees […]
Remote work has seen a surge in popularity since the covid lockdown in 2020. This has led to more companies adopting a hybrid or fully remote work approach. Despite its advantages, remote work poses some challenges as employees collaborate in distributed […]
Cloud data breaches are on the rise. According to the 2023 Thales Data Threat Report, 48% of IT professionals reported an increase in ransomware attacks while 22% of organizations have fallen victim to such an attack in the last year. […]
Russia’s largest bank Sberbank has jumped into the AI race with the launch of a new chatbot to take on OpenAI’s ChatGPT. Sberbank announced on Monday it had released a rival AI chatbot called GigaChat is currently initially in an […]
Credential phishing, a type of cyber attack where the attacker poses as a trustworthy entity, was the most common type of social engineering attack and represents 36% of all breaches, according to the 2021 Verizon Data Breach Investigations Report. The […]
The U.S. Securities and Exchange Commission (SEC) climate disclosure rule is expected to take effect any time from now. However, it has yet to be made clear when it will be unveiled, as some believe it might get delayed until […]
In February, Google unveiled its chatbot AI called Google Bard as part of its effort to challenge the Microsoft ChatGPT-powered Bing search engine. Although the launch got off on a rocky start, it appears that Bard is on the way […]
Home energy usage accounts for about 21% of total U.S. energy consumption, according to data from the US Department of Energy. However, most homes in the United States are energy vampires, with US homes consuming more energy than their other […]
Good evening! Below are some of the top tech startup news stories for Thursday, April 20, 2023. Amazon-owned Whole Foods plans to lay off several hundred corporate employees Whole Foods becomes the latest to join the layoff train. The […]
As the AI race enters a new phase, Google’s Alphabet announced today the consolidation of its AI research divisions to better position itself in its battle with Microsoft. In a blog post on Thursday, Alphabet said that DeepMind and the […]
In just a little over a decade, cryptocurrencies have evolved from a niche digital currency used by a small group of enthusiasts to becoming a significant player in the modern financial landscape. As of last year, at least ten countries […]
Today, SpaceX conducted a test of its next-generation rocket intended for missions to the moon and Mars. However, the rocket exploded during the launch, prompting cheers from employees who had gathered to watch a live stream of the event. The […]