The fintech industry is always changing and continues to evolve. In the last five years, decentralized finance (DeFi) has changed the way in which people gain access to financial services as mainstream users look for alternatives to traditional banks and financial […]
Late last year, German digital bank startup N26 pulled out of the US market and shut down its U.S. operations less than three years after its launch. The shutdown affected about 500,000 of its customers in the United States. N26 said the […]
In January 2020, we wrote about Joby Aviation after Toyota made its first big bet on electric air taxis with a $394 million investment in the all-electric flying car startup. Fast forward more than two years later, a global airline […]
As the war between Russia and Ukraine rages on, a group of Russian-speaking hackers has now turned their attention to US airports. The group has claimed responsibility for knocking more than a dozen public-facing airport websites offline. The airports, which include those […]
On October 7, a Delaware Chancery Court judge ruled that Tesla CEO Elon Musk has until October 28 to complete his acquisition of Twitter if he wants to avoid a trial. In a new twist, Twitter is now refusing Elon Musk’s new $44 […]
Stellar Cyber, a member of the Oracle Partner Network (OPN), unlocks a new achievement as it joins other top applications on Oracle Cloud Marketplace. This Silicon Valley-based company is the leading provider of Open XDR. By far, it has been […]
Amazon announced on Monday that it will invest nearly $1 million over the next five years in electric vans, trucks, and low-emission package hubs across Europe as part of its effort to achieve net-zero carbon emissions. The Jeff Bezos-founded company […]
Hackers have stolen $570 million from Binance-linked blockchain BNB Chain, a spokesperson confirmed on Friday. The hack is the latest in a series of hacks to hit the crypto sector this year. This is the second time hackers have breached the BNB Chain. […]
Do you know how much musicians actually make from their music? According to some data, an average working musician in the United States earns $35,300 in annual gross revenue from their music career. Data from “Spotify’s Year in Music” also shows how […]
A Delaware Chancery Court judge ruled Thursday that Tesla CEO Elon Musk has until October 28 to complete his acquisition of Twitter if he wants to avoid a trial, granting Musk a slight reprieve. On Tuesday, Musk shocked the world after he […]
South Korean prosecutors have reportedly frozen $39.6 million in crypto assets belonging to the founder of Terraform and the creator of the failed Terra blockchain project Do Kwon. The announcement comes less than a month after the country’s authorities issued […]
Audio-streaming giant Spotify has acquired Kinzen, an Irish media tech startup founded by former RTÉ journalist Mark Little and Áine Kerr, a one-time political reporter with the Irish Independent. The terms of the deal were not disclosed. The deal is the […]
In February, we wrote about Peloton after the fitness technology company fired over 2,800 employees as the founder resigned as CEO. The writing has been on the wall for the once-valued $50 billion tech giant. But the company continues to kick the can down […]
With the ongoing global economic downturn, tech startups continue to struggle to secure new funding as the glut of cheap money dries due to high-interest rates causing investors to pull back from risky bets. In the latest sign that pure equity financing is […]
As you may recall, last month, Cake DeFi announced the launch of a $50M global R&D hub in Singapore to develop best-in-class blockchain and digital asset technologies. That’s just one of the many ongoing efforts the Singapore-based fintech platform is working on. Now, […]
With an ever-increasing attack surface, it’s a constant struggle for companies of all sizes to continue to protect their critical assets from bad actors and cyber hackers. That’s why Minneapolis-based cybersecurity startup NetSPI is on a mission to protect enterprises with […]
During its annual hardware event in September of last year, Amazon unveiled a curious-looking device called Amazon Glow, which combined video calling with games. Glow enables kids to play and video chat simultaneously. It also provides interactive entertainment and a video-calling […]
The groundwork for today’s internet was laid in 1973 by the U.S. Defense Advanced Research Projects Agency (DARPA). At the time, the goal was to develop communication protocols that would allow networked computers to communicate transparently across multiple, linked packet networks. […]
Tesla CEO Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share after his legal team sensed the judge would not rule in their favor and potentially avoid avoiding a courtroom fight, Bloomberg reported, citing sources […]
Last Friday, Alphabet’s Google shut down its streaming service Stadia 3 years after its launch for failure to gain traction from gamers. Although the tech giant has maintained its global dominance in the search engine space, Google continues to struggle […]