E-commerce giant Etsy announced Wednesday that it is buying Gen-Z-focused fashion reseller Depop for $1.63 billion as part of its effort to attract younger shoppers. Depop is a U.K.-based second-hand fashion marketplace app that caters to a younger audience. Founded in 2011 […]
Special purpose acquisition companies (SPACs) are all the rage these days. In 2021 alone, there are 330 IPOs, according to data from the SPAC insights website, SPACAnalytics.com. SPAC is a category of companies that are created and listed on the stock market […]
With the rising cost of new homes and increasing awareness to build environmentally friendly homes, a Belgium-based startup is simplifying home construction and offering a simple and efficient kit house system. Gablok is a Belgian company specializing in insulated formwork blocks […]
In March, we wrote about Antimatter rocket, a future spacecraft that could reach the speed of 72 million miles per hour and potentially makes future interstellar travel a reality. But for some of us who have no desire to visit Mars […]
The timely detection of diseases is one of the biggest challenges in guiding consumers and patients to appropriate care, with under-diagnosis, misdiagnosis, and long patient journeys to diagnosis and care, unfortunately, being commonplace. In addition, global healthcare systems are overburdened, […]
Softbank is back. Two weeks ago, Softbank shocked its critics when it announced a $36.99 billion profit in just 3 months, making it the biggest profit in the history of a Japanese company. Now, with billions in spending war chest, […]
For over three years now, we’ve featured thousands of startups around the world. For some reason, SpotOn slipped under our radar. SpotOn is a San Francisco-based payments and software startup redefining the merchant services industry. The startup was founded to bring together […]
The initial public offering (IPO) season is here. This week, two payment fintechs made their debuts on both the NASDAQ and NYSE. Boston payments startup Flywire raised $250 million. Paymentus stock also surged nearly 40% in its IPO debut. Now, Indian fintech […]
Back in March, we wrote about Bluzelle after the blockchain startup partnered with $50B data infrastructure leader Equinix to enable secure cloud-hosted PoS validators for the first time. For some of our readers who may not know what Bluzelle does, the […]
CMX (ComplianceMetrix), a La Jolla, California-based tech startup that provides a platform to enable companies of all sizes to gain control and transparency over their supply chains, announced today it has closed a $50 million Series A investment led by Morgan […]
Amazon is nearing a deal to acquire Hollywood studio MGM Holdings in a deal that valued the co-owner of the James Bond franchise and other film and TV series, for between $8.5 billion and $9 billion, according to several published reports. The deal […]
With millions of Americans now working from home, consumers are looking for ways to achieve their health and wellness goals during this pandemic time. Noom is a popular diet app launched in 2016. The Noom app has been downloaded more than 50 […]
We covered Riiid back in 2019 the South Korea-based EdTech startup and AI tutoring platform raised $18 million in Series C funding to further R&D and enhance its AI technology known as “santA.Inside.” Now a little over two years later, Riiid […]
Back in 2019, electric vehicle blog site Electrek reported that Tesla owners were seeing drops in the range of 12 to 30 miles after a software update. The affected vehicles appear to only be Model S and Model X vehicles with […]
Prime Now is an on-demand shopping and delivery service launched in 2014 by Amazon as a way for members of its Prime subscription service to get books, toys, household essentials, and other goods delivered to their doorstep in one or […]
Zip Co (formerly known as ZipMoney), a Sydney, Australia-based financial technology company, announced today it has acquired acquire Twisto, a Prague-based payments startup and a provider of “Buy Now Pay Later” (“BNPL”) service. In addition, Zip also it has acquired the remaining […]
Snap announced Friday it is acquiring WaveOptics Ltd, a British augmented reality (AR) technology startup, for over $500 million. The news, which was first reported by The Verge, was later confirmed by a Snap spokesman, The acquisition will give the parent […]
Another day, another volatility in the crypto market. On Friday, China doubled down on its efforts to prevent speculative and financial risks by cracking down on mining and trading of cryptocurrencies. In a statement, China’s Financial Stability and Development Committee, chaired by […]
Pitch, a Berlin, Germany-based software startup that dubbed itself as a Powerpoint killer when it launched last October, today announced it has raised $85 million in a venture funding round led by Lakestar and Tiger Global. Existing investors Index Ventures and […]
In a surprise announcement to employees on Thursday, first reported by Reuters and later disclosed by the company, Zhang Yiming announced he will step down as CEO of TikTok-owner ByteDance, saying he lacked the social skills to be an ideal manager. […]
