Tesla CEO Elon Musk has offered to buy 100 percent of Twitter for $54.20 per share ($41.39 billion) in cash, according to the updated 13D filing with the Securities and Exchange Commission (SEC). The announcement came just a few days after […]
Last year, Alphabet’s Google invested $7 billion across its U.S. offices and data centers. However, demand for cloud services has increased as economies around the world reopen after the great pandemic causing Google to increase its investments and spending on infrastructure […]
Payaut, an Amsterdam-based fintech startup that provides an automated payment solution for online platforms and marketplaces, has raised an $8.7 million (€8 million) seed round led by Gradient Ventures, Google’s AI-focused venture fund, with participation from existing investors LocalGlobal and Entrée Capital. […]
When software developer Uri Klarman moved from Israel to the United States to pursue his Ph.D. in Computer Science in 2014, the last thing on his mind was to be an entrepreneur. Together with Aleksandar Kuzmanovic, a professor of computer science, the […]
Fortnite maker Epic Games announced on Monday it had raised $2 billion in fresh funding from Sony Group Corp and Lego Group, the maker of the popular Lego-brand toys. The new round values the “Fortnite” creator at $31.5 billion. The announcement comes exactly […]
CoinStats, the all-in-one crypto research and portfolio tracker application, has announced the successful completion of its fundraising event. Led by Alex Pack’s Hack VC, this highly subscribed event witnessed participation from several prominent investors, including Mike Dudas’s 6th Man Ventures. […]
Brazil’s Nubank, Latin America’s most valuable fintech, has raised $650 in funding to fuel its expansion in Mexico and Colombia, the Fintech startup announced on Monday. The funding will also go towards technology and product development, customer-base growth, and hiring. The funds […]
Speculation mounts this afternoon that Tesla CEO Elon Musk is planning a hostile takeover of Twitter after he filed amended paperwork with the Securities and Exchange Commission (SEC) indicating that he will criticize the social giant and demand change. As we […]
Over the last year, we’ve seen DAOs emerge from the crypto fad into the mainstream consciousness. Not only are they growing in number, but they’re also raising more money and they’re expanding into many new areas. DAOs are decentralized autonomous […]
Non-fungible tokens (NFTs) are no longer a fad. In the last year alone, the digital art market exploded after the report of a single piece of non-fungible token (NFT) art sold at Christie’s Auction for a record-setting $69.3 million, making it […]
Investment in web3 startups is heating up as investors and venture capital firms pour billions of dollars into the red hot technology space. Today, CertiK, a web3 and blockchain security tech startup, announced it has raised $88 million Series B3 funding led […]
According to a 2021 report released by MSCI, the size of the professionally managed global real estate investment market increased from $9.6 trillion in 2019 to $10.5 trillion in 2020. For far too long, the real estate investment market has […]
The demand for VPNs has increased in recent months as internet control tightens due to the ongoing war between the two countries. As part of the effort to control the flow of information, Russia restricted access to some foreign social media, forcing […]
Web3 has taken the internet world by storm and there’s no sign of slowing down. The past few years have seen more people embrace the potential of a decentralized web following the debut of blockchain technology and cryptocurrencies. However, as […]
Walmart’s Indian e-commerce company Flipkart has finally set a target price for its highly anticipated IPO. Flipkart has raised its IPO valuation target by around a third to $60-70 billion, and now plans a U.S. listing in 2023 instead of this […]
JD.com’s billionaire founder Richard Liu is the latest tech executive to bite the dust as China’s crackdown on the tech sector continues. Richard Liu stepped down today as chief executive of JD.com, in the latest leadership reshuffle at China’s second-biggest e-commerce company. In an […]
August Schools is a New York-based tech startup and provider of a SaaS platform for school health and wellness practitioners. The startup got its name from the belief that student care starts in August. Today, August Schools announced it has raised $5 million […]
As you may recall, last month HSBC enter the metaverse with the acquisition of a virtual plot of land in an online gaming space called Sandbox. The acquisition was part of the digital push by the banking giant to engage with sports, e-sports, […]
Human resources tech startup Remote announced Tuesday it has raised $300 million in a Series C funding round led by SoftBank Vision Fund 2, with participation from existing investors including Accel, Sequoia, Index Ventures, Two Sigma Ventures, General Catalyst, 9Yards, Adams […]
Semiconductor giant Advanced Micro Devices (AMD) announced on Monday that it is acquiring cloud startup Pensando Systems for $1.9 billion as part of its push to get a lion’s share of the lucrative data center chip market and to also take on Intel. […]
