Remitly, a cross-border remittance provider to customers, is planning to go public at a valuation of nearly $7 billion in its U.S. initial public offering (IPO), according to Tuesday’s regulatory filing with the U.S. Securities and Exchange Commission (SEC). The announcement comes a […]
For far too long, life insurance has been inaccessible to many Americans, with 41 million Americans reporting needing but lacking policies. Now, one startup is aiming to disrupt the life insurance market and fundamentally change the industry by offering competitive […]
Chinese autonomous driving start-up DeepRoute.ai said today it has raised over $300 million in Series B funding to further research and development, expand its team, and scale automaker collaboration and fleet operation. The round was led by Alibaba Group, with participation from other investors […]
India-based customer relationship management (CRM) software startup is planning for a nearly $9 billion valuation in a U.S. initial public offering. The company disclosed in a regulatory filing with the Securities and Exchange Commission (SEC) on Monday. We covered FreshWorks […]
With just nine months into 2021, Microsoft has acquired a total of nine companies, equating to one acquisition per month. Among them are Nuance Communications which Microsoft acquired In April. Others include Kinvolk, RiskIQ, CloudKnox, Peer5, and others. Now, Microsoft continues its […]
Globally, 18% of small businesses said they were currently closed, down from 24% in February. In the US, both numbers were slightly lower, at 16% and 22% respectively. However, of those businesses still operating globally, more reported reduced employment this […]
4D sensors have traditionally been the domain of high power, expensive military-grade radar or laser systems. Until now. Oculii is an Oregon-based developer of high-resolution imaging radars for autonomous systems. Backed by prominent Silicon Valley angel investors and VCs, Oculii is leveling the playing […]
Over the years, we’ve written many articles about bitcoin and how the world’s most popular cryptocurrency has become the most speculative digital asset with little to no utility in the real world partly due to its volatility, privacy, and other […]
On June 10, we wrote about the Centers for Disease Control and Prevention (CDC) when the agency announced it was holding an ’emergency meeting” after hundreds suffered rare heart inflammation following Pfizer and Moderna COVID-19 mRNA vaccines. On the same day, NBC […]
In 2018, the United States spent an estimated $3.6 trillion, or 17.6% of its $20.5-trillion gross domestic product, on health care, including $345 billion on prescription drugs sold in retail pharmacies. However, since the coronavirus pandemic in early 2020, the […]
Remember back in 2013 when Google launched Google Glass, a brand of smart glasses with an optical head-mounted display designed in the shape of a pair of glasses? At the time, they were slated as the next big thing in tech. Wearers […]
Earlier today, Biden announced the sweeping COVID-19 vaccine requirements on Thursday, that affect about 100 million Americans. The new measures include a vaccine mandate for all federal workers and contractors and a requirement that large companies with more than 100 […]
In March, Mike Winkelmann, the digital artist known as Beeple, made history after a single piece of his non-fungible token (NFT) art print was sold at Christie’s Auction for a record-setting $69.3 million, making it the most expensive digital art ever sold. Then […]
We’ve written about Techstars at least a dozen times. The Boulder, Colorado-based global accelerator provider and early-stage startup investor, has done a lot of good since its inception 15 years ago investing and building global entrepreneurial ecosystems. The firm has […]
Advance.ai, a Singapore-based AI tech startup has raised $200 million in funding to scale up its operations and accelerate future expansion, according to an exclusive report from Reuters, citing two sources familiar with the matter. The new funding makes the startup one […]
Microsoft said Tuesday it has acquired Clipchamp, an Australia-based video-editing app startup used by over 17 million registered users worldwide. The terms of the deal weren’t disclosed. The announcement comes just two weeks after Adobe acquired video collaboration tech startup Frame.io for […]
As you may recall back in April, we wrote about Bill Gates after he turned his $55 million vaccine investment in Pfizer’s partner, BioNTech, into over $550 million in just under two years. BioNtech is not the only vaccine maker […]
Cognizant Technology Solutions has reached a $95 million settlement deal to resolve a lawsuit brought by its investors accusing the New Jersey-based information technology services company of defrauding shareholders by concealing bribes to officials in India for facility permits. The shareholders […]
Over the past four years, we’ve been keeping track of the global top 500 unicorn startups with a valuation of $1 billion or more. Predictably, the United States accounts for more than half the valuation of all the global unicorns combined […]
New technologies like robotics and artificial intelligence (AI) have transformed every industry. However, the impacts of these technologies are more drastic in banking and financial markets where AI has forever changed the ways trading and investing are done. For example, […]
