In recent months, we witnessed the collapse of crypto startups including FTX, BlockFi, Voyager Digital, and others. However, these failures are not limited to crypto startups. In fact, 90% of startups fail partly due to various factors. That’s not all. The current economic […]
While reeling from the fallout of its metaverse disaster and falling stock price, Facebook’s parent company suffer another setback today after a report from the Wall Street Journal that the social giant was fined $277 million for leaking data of half […]
One in ten Americans suffers from a rare disease, according to the National Institutes of Health (NIH). The agency found that there are approximately 7,000 rare diseases affecting between 25 and 30 million Americans. That’s why San Diego-based genome writing tech startup Replay is on […]
While dozens of European companies are leaving Europe for the United States due to high energy prices, European tech startups may breathe a sigh of relief after U.S. buyout firm Carlyle Group announced today it is investing billions of dollars […]
Tiantian Kullander, the former Morgan Stanley trader and co-founder of digital-asset trading platform startup Amber Group, suddenly died in his sleep. He was only 30 years old. “It is with the deepest sadness and a heavy heart that we inform […]
“I certainly hope it does not come to that, but, yes, if there is no other choice, I will make an alternative phone” There were speculations that Apple and Google are planning to remove Twitter from their app stores following […]
While the crypto industry is still reeling from the sudden implosion of the crypto exchange FTX, investors are increasingly worried that FTX contagion will spread to other exchanges. Since the collapse of FTX two weeks ago, crypto lenders like Genesis […]
The current economic outlook is making it increasingly difficult for startups to raise new funds. As such, most founders now have to operate on a shoestring budget to keep their startups afloat during a recession. One of the challenges most […]
Even with recent technological advances, job interviews have not changed a lot in the past four decades. The traditional recruitment process is still plagued with unconscious bias that affects job seekers more than most people think. That’s why one startup is […]
It’s been a difficult year for Zendesk after the San Francisco-based software company failed to buy Momentive, the owners of SurveyMonkey. Zenkdesk walked away from the proposed $4.1 billion deal in February to buy Momentive. At the same time, the software giant […]
In 2021, the average age of vehicles in operation in the US was 12.1 years old, according to data from the US Department of Transportation. More Americans are keeping their automobiles longer as millions struggle to make ends meet due to the […]
In October, the US Department of Justice (DOJ) charged Ukrainian national Mark Sokolovsky with identity theft and “conspiracy to violate the Computer Fraud and Abuse Act, money laundering, wire fraud, and aggravated identity theft.” Just a month later, the DOJ has […]
Even as tech startups continue to disrupt the insurance industry with AI and machine learning, the Southeast Asian region still operates a traditional insurance industry plagued with legacy systems, slow-to-change insurers, and a lack of insurance technology providers. That was […]
Tech layoffs are spreading across the globe and no company looks completely immune from the ongoing global economic downturn. Tech companies, large and small, have laid off more than 100, 000 people so far this year. Last week, retail giant […]
Anyone who has heard of Warren Buffett would tell you that he’s one of the crypto skeptics who believe cryptocurrency is a Ponzi scheme with no intrinsic value. In 2018, Buffet called bitcoin “rat poison squared.” In April, the legendary billionaire investor said in an interview that […]
Vox Populi, Vox Dei! Elon Musk has reinstated former President Trump’s account after 52 percent of 15 million Twitter users voted to bring him back to the social platform. Musk launched the poll yesterday. By the time the poll was closed, […]
Justice is finally served. Theranos founder Elizabeth Holmes was sentenced to more than 11 years in prison for fraud, putting an end to the three-year case and the extraordinary downfall of a one-time Silicon Valley darling. U.S. District Judge Edward Davila delivered […]
Electric vehicles (EVs) are not new in the United States, EVs made their way back to the mainstream in the early 2000s with the popularity of Tesla. Even after two decades, the EV car market is still dominated by conventional lithium-ion […]
Mohit Gupta, the co-founder of an Indian food delivery startup Zomato has resigned after about five years at the restaurant aggregator and food ordering and delivery platform, the company said on Friday. The announcement comes three months after Nitin Savara stepped down […]
On 12 November, the Bahamas Securities Commission (SCB) issued an order for FTX Digital Markets (FDM) to transfer the contents of its crypto wallets to a government-controlled wallet. A little over a week later, the Bahamas regulator announced it now has […]