Emerson Electric said today it has agreed to merge its software businesses with smaller rival Aspen Technology in a deal worth around $11 billion. Emerson said the merger will help boost its industrial automation business that caters to a swathe […]
Last week, cybercriminals hacked into Amazon’s Twitch exposing source code and payouts of creators and top 100 highest-paid Twitch streamers. The rise in cyberattacks has also led to an increase in the number of innovative cybersecurity startups aiming to help […]
Over the past five years, stories and news of China dominating the artificial intelligence (AI) world had dominated the headlines. In the summer of 2017, China, the world’s second-largest economy, unveiled a plan to become the world’s leader in artificial intelligence, […]
BetterUp made headlines back in March after the Silicon Valley-based mental health startup hired Prince Harry as its Chief Impact Officer. In his new role, The Duke of Sussex is expected to have input into product strategy decisions and charitable contributions, and advocate publicly […]
As you may recall back in May, Chinese food delivery giant Meituan lost $38.96 billion of its value after the Chinese government’s antitrust crackdown wiped off over $250 billion from Chinese tech stocks. It all started on April 26 when China’s […]
Microsoft announced Thursday it has acquired Ally.io, a Washington-based tech startup that provides software to help organizations keep track of their progress on key goals. The financial terms of the deal were not disclosed. So far this year Microsoft has […]
Most employees hate the annual performance evaluations. 66% of the employees were strongly dissatisfied with the performance evaluations they received in their organizations, according to a piece published in Harvard Business Review, citing a survey of Fortune 1,000 companies done by the […]
Text messaging service provider TextMagic, a UK tech startup that has never raised external capital, plans to conduct an initial public offering (IPO) of its shares this year. The shares will trade on First North Tallinn, an alternative market within […]
If there is one lesson we learned from this pandemic, it is that remote work is critical to the existence of any business. The pandemic has now accelerated the future of remote work. Before the pandemic began in February 2020, […]
Another day, another hacking news. This time it’s Amazon’s video streaming service Twitch that was hacked Wednesday in a cyber breach that exposed details on payments to gamers, content creators, future product plans, and an unreleased product from Amazon Game Studios. The anonymous […]
There’s a lot of buzz about edge computing in recent years. Edge computing is a distributed computing framework that brings enterprise applications closer to data sources such as IoT devices or local edge servers. But one aspect of edge computing that receives […]
New York tech startups have seen a jump in funding activity since the beginning of the year. In 2020 alone, venture-capital firms pumped $5.8 billion into New York City enterprise-technology startups, with startups developing cybersecurity, robotics artificial intelligence, and machine […]
In August 2020, we wrote about Bill Gates after an unearthed video showed him talking about using new vaccines for population control. However, it didn’t take long before the fact-checkers called the video misinformation and fake news. Fast forward a little […]
On January 7, Elon Musk became the world’s richest person with a net worth of more than $185 billion, surpassing Amazon founder Jeff Bezos. But it didn’t take long Bezos reclaimed his title as the world’s richest person after he leapfrogged […]
Over the years, the growing complexities of first and last-mile delivery often shift the focus away from middle-mile delivery operations. As the name implies, middle mile delivery or middle mile logistics is the shipment of goods and parcels from a […]
The growing popularity of cryptocurrencies and NFTs has led to the creation of the new creator economy. In 2021 alone, the creator economy has seen a record $1.3B in funding, according to CB Insights. During the same time, we’ve also seen […]
In late August, China warned Taiwan that the United States’ withdrawal from Afghanistan is a lesson that the US “won’t help” Taiwan if war breaks out between the two nations. The Chinese’s state-run Global Times newspaper warned Taiwan that the US […]
Emmy winner and hair and makeup artist Marc Pilcher died of COVID-19 on Sunday at the age of 53. Pilcher was double vaccinated and had no underlying health conditions, according to a report from New York Post, citing his agency […]
In 2017, JPMorgan CEO Jamie Dimon took a shot at Bitcoin, saying the world’s most popular cryptocurrency “is a fraud.” At a gathering hosted by Barclays in New York, Dimon said, “It’s just not a real thing, eventually it will be closed.” […]
Summit Partners, a global alternative investment firm, announced today it has raised $8.35 billion for its latest flagship U.S. growth equity fund. The Summit Partners Growth Equity Fund XI was launched in June 2021. Summit said the latest fund will target minority […]
