The US intelligence agencies have gained access to thousands of Apple iPhones in a spy plot, Reuters reported, citing an alleged claim by Russia’s Federal Security Service (FSB). According to the report, FSB claimed it has uncovered a major CIA […]
At any given time, according to the Mortgage Bankers Association, the size of CRE loans on US properties is $4.5 trillion. Over the next 12 months, over $600B of those loans will become due. Although, historically, only 25% of maturing loans […]
CoreWeave, a New York City-based startup that started out as an Ethereum mining venture, has secured another $200 million in funding amid the ongoing AI boom. The funding, which pushes the valuation of the 6-year-old startup to more than $2 […]
The Anoma Foundation, a non-profit blockchain technology company, has raised $25 million in Series C funding to bring the third generation of blockchain technology into the market and disrupt the existing financial system by offering an alternative that empowers users […]
The prevailing narrative and common misconception here in the United States is that China imitates and cannot innovate. But this perception is far from accurate. When examining crucial indicators of innovation and performance in advanced industries, China has actually surpassed […]
The disgraced Theranos founder turned convicted fraudster Elizabeth Holmes is set to report to prison today to begin her 11-year sentence. Holmes, now 39, will say goodbye to her freedom and her luxurious estate, which costs $13,000 a month, as […]
The number of internet users is constantly growing. As the internet evolves, so do the tools we use to share information. As of April 2023, there were 5.18 billion internet users in the world, or approximately 63% of the global […]
Industrial 3D printer manufacturer Stratasys Ltd announced on Thursday that it plans to merge with fellow industry player Desktop Metal Inc in an all-stock transaction valued at around $1.8 billion. The merger news follows Stratasys’ rejection of several acquisition proposals […]
Branson, we have a problem. Richard Branson’s Virgin Orbit is finally shutting down after six years of operations. In an announcement yesterday, the bankrupt Virgin Orbit announced it was shutting down after the liquidation of most of its assets. Stratolaunch and […]
BandLab Technologies, the parent company of the Singapore-based social music creation platform BandLab, has raised $25 million in Series B1 funding that pushes the company’s post-money valuation to $425 million. Led by returning investor Cercano Management (formerly Vulcan Capital) with […]
Facebook parent company Meta has started its three-part round of layoffs. The latest round of layoffs, which follows a previous round in April, targets mostly employees of Meta’s business groups. The series of layoffs are part of a plan Meta […]
This is an op-ed from James Godefroy, Deputy Global Enforcement Head at Rouse Artificial Intelligence technologies are rapidly evolving – with recent developments such as autonomous vehicles, computer vision, and chatbots ever-increasingly influencing the business world. With AI’s wide-ranging accessibility, […]
Chinese tech giant Alibaba becomes the latest in a string of tech companies announcing layoffs in the month of May. Alibaba said today it is cutting 7% of the workforce in its cloud computing unit. The move comes as the […]
Namada, builders of an L1 blockchain multi-chain privacy, is looking to partner with Osmosis as it prepares for the launch of its mainnet. As part of the partnership, Namada aims to reach a range of technology and token deals, including […]
While cryptocurrency is often touted for its anonymity, unfortunately, it is not completely anonymous as most people believe. While crypto transactions are pseudonymous, meaning they are not directly linked to a person’s identity, the underlying blockchain technology behind cryptocurrencies can […]
Early last year, we wrote about Billionaire investor George Soros after he bought nearly 20 million shares of electric truck startup Rivian Automotive in December 2021. According to the SEC filings, Soros bought nearly 20 million (a total of 19,835,761) […]
“During our security research, we found that smartphones with Qualcomm chips secretly send personal data to Qualcomm.” In 2021, Edward Snowden, a former NSA whistleblower, issued a warning regarding national security. He said that “the greatest danger to national security […]
In early 2020, we wrote about ServiceNow after the cloud-computing firm acquired conversational artificial intelligence (AI) platform startup Passage AI to advance its deep-learning AI capabilities. At the time, ServiceNow said the acquisition will accelerate its vision of supporting all major […]
Welcome to the wild world of Artificial Intelligence (AI). The launch of ChatGPT in late 2022 has ushered in a new era of AI, along with the good, bad, and ugly. Recently, students at Texas A&M University gasped in horror […]
Tether, a cryptocurrency startup plagued with scandals and government investigations, said on Wednesday that it’s going to buy hundreds of millions of dollars worth of bitcoin to back its USDT stablecoin. In an announcement, Tether said it would invest 15 […]
