It’s now two weeks since Elon Musk takes ownership of Twitter and some of the company’s policies have changed. Before Musk takes the helm of the social giant, Twitter had a permanent work-from-anywhere policy for its employees. That policy has now changed. […]
Today is probably the craziest day we’ve ever seen in crypto markets. We’re watching the entire crypto industry unravel before our eyes as we witnessed the rise and fall of the once high-flying crypto exchange FTX. Once dubbed as the […]
Today is probably the worst day in the crypto industry. In the past 48 hours, the cryptocurrency market lost over $200 billion of its value as millions of crypto investors withdrew their money from major crypto exchanges following the liquidity […]
Earlier today, we reported that Binance was strongly considering backing out of the FTX deal after learning that FTX’s financials are worse than let on. Now, the Wall Street Journal (WSJ) has just learned that Binance has backed out of the […]
Yesterday, Binance announced it was acquiring the distressed crypto exchange FTX after a significant liquidity crunch. The news quickly sent shockwaves across the entire crypto sector causing major cryptocurrencies to lose about 10 percent of their values. The FTX-Binance deal contagion also spread to […]
Facebook parent Meta has poured billions into the metaverse. But it now appears the risky bet may never pay off. Now, the once-trillion company is forced to lay off thousands of employees to stay afloat. Meta is laying off 13% […]
2022 has been a very difficult year for the entire electric vehicle industry and UK electric vehicle startup Arrival is no exception. In May 2021, Arrival became UK’s biggest tech IPO after the startup went public at a valuation of $13 […]
This one didn’t take that long. Yesterday, we predicted that FTX might be on its way to bankruptcy after investors withdrew millions from the crypto exchange following the FTT token fiasco. Fast forward a day later, Binance announced it is acquiring the distressed […]
Plastic pollution is a worldwide crisis that affects every being on earth including humans and animals. Every year, more than 400 million tons of plastic products with large portions are thrown into the oceans, which end up endangering marine life […]
In July, Bankman-Fried’s crypto exchange FTX was viewed as a white knight waiting to rescue the embattled crypto industry following the collapse of BlockFi and the bankrupt Voyager Digital. BlockFi and Voyager are two of the crypto companies that suffered heavy losses due to […]
Ouster is one of the early promising startups we’ve been following since 2017. In December 2017, the robocar LiDAR startup made our list of the top 5 promising early-stage startups to watch. Then in December 2020, Ouster agreed to go public through […]
Australia’s biggest health insurer Medibank becomes the latest victim of a cyberattack in a series of data breaches that plagued the country in the last two months. Medibank announced Monday that the health data of around 9.7 million current and former customers’ […]
San Francisco-based fintech startup Stripe is laying off about 14% of its total workforce as the prolonged tech rout continues. CEO Patrick Collison wrote in a memo to staff Thursday. According to the memo, Collison said the cuts were inevitable as […]
The global food industry had a yearly transaction volume of over $2 trillion in 2021. The revenue from the food market alone amounts to $8.66 trillion in 2022. Despite that the food industry is the largest in the world, many suppliers […]
As tech stocks crater, Apple appears to be weathering the storm better than the once-trillion-dollar rivals like Google’s Alphabet, Amazon, and Facebook’s Meta. Over the past month, Apple stocks have held up during this bad market faring better than its […]
Over the years, there’s been an increase in climate change awareness as governments and organizations put in place various measures to address global warming and the ongoing climate crisis. One of the solutions to reduce climate change and carbon dioxide […]
The pandemic of the last two years has caused a major disruption in the global economy. The disruption also led supply chain issues as companies struggled to get the materials they need to meet surging demands. While the pandemic is […]
For decades, some investments, financial opportunities, and alternative assets were only available to the ultra-wealthy. These ultra-rich employ teams of professionals who use sophisticated financial strategies and tap investment opportunities that the rest of us can only dream of. These teams are called […]
Late last year, we covered Argo AI after the Ford and Volkswagen-backed autonomous vehicle startup partnered with retail giant Walmart to launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C. At the time, Argo AI founder and CEO Bryan Salesky said the […]
German automaker Volkswagen AG is selling its WeShare car-sharing business to German tech startup Miles Mobility GmbH. The sale is part of the effort by Europe’s biggest automaker to pull back from what has largely been known as an unprofitable sector. […]
