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Softbank founder and CEO Masayoshi Son lost $130 million on Bitcoin because he “doesn’t understand” how cryptocurrency works
Nickie Louise Posted On May 15, 2021


Just this week, we wrote about Softbank after the Japanese conglomerate shocked its critics with  $36.99 billion profit in just 3 months, making it the biggest profit in the history of any Japanese company. But life has not always been rosy […]


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Toshiba hacked by DarkSide, the same Eastern European ransomware group that hacked Colonial Pipeline
Nickie Louise Posted On May 14, 2021


DarkSide has struck again. A Toshiba Corp unit announced today it was hacked by Darkside, the same Eastern European ransomware group that hacked Colonia Pipeline last week. Toshiba Tec Corp, which makes products such as bar code printers and is valued […]


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AI tech startup DeepScribe lands $5.2M seed funding to develop the holy grail for physicians with its life-changing AI assistant
Nickie Louise Posted On May 13, 2021


Studies have shown that for every hour doctors spend with patients, they spend two on documentation, usually late at night or on weekends. Doctors routinely cite paperwork as one of the main sources of unhappiness with their job, even before […]


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Featured  / Self-Driving  / Smart Car  / Startup Funding  / Tech Startup News  / Tech Startups  / Technology News  / Transportation
China’s driverless car startup WeRide valued at $3.3 billion after raising millions in new funding
Nickie Louise Posted On May 13, 2021


It was just over 4 months ago that we told you about WeRide, a Guangzhou, China-based smart mobility startup that develops L4 autonomous driving technologies. Back then, the company announced it raised $310 million in Series B fundraising. Today, WeRide announced it […]


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Featured  / Technology News
Softbank just shocked its critics by landing $36.99 billion profit in just 3 months, making it the biggest profit in the history of a Japanese company
Nickie Louise Posted On May 12, 2021


We’ve been following Softbank for over three years now. The Japanese giant has gone through the rollercoaster ride and back. Back in 2019, SoftBank reported its first quarterly loss in 16 years after it posted an $8.9 billion loss due to its investments […]


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Agriculture  / Featured  / Startup Funding  / Tech Startup News  / Tech Startups  / Technology News
Uber alums’ restaurant platform All Day Kitchens is expanding into Chicago and beyond after $37 million raise
Nickie Louise Posted On May 12, 2021


The coronavirus pandemic has forced restaurants to evolve their business models to accommodate the heightened need for takeout and delivery. The pandemic has also led to a resurgence in innovation as startups as businesses are finding new ways to adapt […]


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Acquisition  / Featured  / Tech Startup News  / Tech Startups  / Technology News
Just Eat Takeaway is preparing to acquire Grubhub in a $7 billion mega deal
Nickie Louise Posted On May 12, 2021


In June of last year, Just Eat Takeaway and Delivery Hero were reportedly in talks to acquire the U.S.-based food delivery startup Grubhub with Bank of America working as an adviser for the deal. Now, it seems the deal is back […]


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Featured  / FinTech  / Startup Funding  / Tech Startup News  / Tech Startups  / Technology News
Fintech startup and SoftBank-backed mortgage lender Better.com going public via a $7.7 billion SPAC deal
Nickie Louise Posted On May 12, 2021


Special purpose acquisition companies (SPACs) are all the rage these days. In 2021 alone, there are 315 IPOs, according to data from the SPAC insights website, SPACAnalytics.com. Digital mortgage lender Better.com becomes the latest startup to join the SPAC frenzy. […]


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Bill Gates-backed cell programming startup Ginkgo Bioworks is going public via a $15 billion SPAC deal
Nickie Louise Posted On May 11, 2021


Synthetic or engineered biology is a field of science that involves redesigning organisms for useful purposes by engineering them to have new abilities. Today, synthetic biology companies and researchers are harnessing the power of nature to solve problems in medicine, […]


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Artificial intelligence chip tech startup Mythic raises $70M in funding led by BlackRock and Hewlett Packard Enterprise
Nickie Louise Posted On May 11, 2021


Mythic, a Redwood City, California-based tech startup making artificial intelligence chips for use in gadgets such as smart home devices or security cameras, today announced $70 million in Series C funding led by BlackRock and Hewlett Packard Enterprise (HPE). The round, which […]


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SoftBank invests $1.6 billion in e-commerce startup THG’s new ‘influencer platform’
Nickie Louise Posted On May 11, 2021


SoftBank is back in the news. Today, U.K-based beauty and lifestyle e-commerce startup THG. announced that SB Management, a division of Japanese tech giant SoftBank, is investing $1.6 billion in the company. As part of the deal, SBM is also taking a […]


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The highly anticipated quantum internet breakthrough is finally here. Is this the end of 5G?
Nickie Louise Posted On May 11, 2021


We’ve all heard about 5G, the 5th generation mobile. According to wireless industry group GSMA, 5G is expected to be at least 10 times faster than the fastest 4G networks, with peak data rates of up to 10 gigabytes per […]


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Featured  / Startup Funding  / Tech Startup News  / Tech Startups  / Technology News
Denmark-based tech startup Contractbook bags $30M in funding to disrupt PDF with its contract automation platform
Nickie Louise Posted On May 11, 2021


Contractbook, a Copenhagen, Denmark-based tech startup and a provider of contract automation platform, today announced it has raised $30 million in Series B funding to expand into the United States market in order to propel the contract management world into the […]


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Featured  / FinTech  / Technology News
Google Pay launches international money transfers and cross-border payments with Wise and Western Union 
Nickie Louise Posted On May 11, 2021


Remittances into low and middle-income countries were worth $508 billion in 2020, according to an estimate from the World Bank. Today, Google announced it has teamed up with money transfer firms Wise and Western Union to offer cross-border payments and remittances from […]


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Biotech startup Therini Bio secures $17M funding to advance Fibrin Therapeutic for treatment of dementia and other neurological and peripheral diseases
Nickie Louise Posted On May 10, 2021


Fibrin is a fibrous, non-globular protein involved in the blood clotting process. It is formed by the action of the protease thrombin on fibrinogen, which causes it to polymerize. The human blood plasma normally contains around 1.5 to 3.5 g/L of […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Tech Startup News  / Tech Startups  / Technology News  / Transportation
Self-driving truck startup Plus.ai to go public in a $3.3 billion SPAC deal
Nickie Louise Posted On May 10, 2021


Plus, a California-based Self-driving truck startup enabling large-scale commercialization of autonomous transport, announced on Monday that it would go public through a merger with blank-check company Hennessy Capital Investment Corp. in a deal that values the self-driving truck technology startup at $3.3 […]


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Bitcoin  / Cryptocurrency  / Ethereum  / Featured
Ethereum hits $4000: The world’s second-largest cryptocurrency explodes above $4,000 for the first time
Nickie Louise Posted On May 10, 2021


Just last week, we wrote about Ethereum after the world’s second-largest cryptocurrency reached a record high of near $2,800. Now, Ether (Ethereum network’s native currency) has risen nearly 7% over the last 24 hours to a record high of $4,141.99 and almost triple its […]


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London-based Abingworth raises $582 million for a new Clinical Co-Development Fund to invest in life science startups in the US and Europe
Nickie Louise Posted On May 10, 2021


Abingworth is a London, England-based international investment group based dedicated to collaborating with life sciences entrepreneurs to develop their ideas into products that have a dramatic impact on health. Today, Abingworth announced it has closed a new Clinical Co-Development Fund at […]


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Featured  / Social Media  / Technology News
Dogecoin tumbles after Elon Musk calls the cryptocurrency a ‘hustle’ on Saturday Night Live (SNL): Watch the videos
Nickie Louise Posted On May 10, 2021


No one knew what to expect when Elon Musk announced a couple of weeks ago that he was hosting the Saturday Night Live (SNL). The day finally came and Musk didn’t disappoint. Over the weekend in New York, Musk gave an […]


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Goldman Sachs formerly launches new cryptocurrency trading desk
Nickie Louise Posted On May 7, 2021


Cryptocurrency is here to stay. As we reported back in March, Goldman Sachs said it plans to start offering bitcoin, crypto, and other digital assets to wealthy investors. At the time, the Wall Street giant aimed to begin offering investments in […]


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