The UK government is one step closer to allowing stablecoin to be used as a form of payment in the country after it released plans for its regulation. Today, the UK Treasury confirmed that stablecoins will be brought within regulation […]
Just a week after hinting he might build his own social media platform, Elon Musk has taken a 9.2% stake in Twitter making him the social media platform’s biggest shareholder. Shares of Twitter surged about 26% in premarket trading immediately after the […]
It’s been a while since we last covered Yokoy, a Swiss fintech startup that helps companies manage their expenses. Formerly known as Expense Robot, the company rebranded to Yokoy in August 2020. Since then, Yokoy has grown exponentially and has caught the attention […]
It was a little over a year ago that Russian internet giant Yandex jumped into the grocery delivery market when it launched an online grocery delivery service in Israel under a new brand called Deli by Yango (an abbreviation for Yandex Go). About […]
The digital art market has exploded in recent months 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 the most expensive digital art ever sold. Since the […]
The arrival of the metaverse has led to a growing demand for virtual and augmented reality glasses. As you may recall, Google caused quite a stir in 2016 with its smart glasses before they eventually fizzled out. But now, one Chinese augmented reality […]
Metaverse has been dominating the headlines since Facebook rebranded to Meta in October 2021 to reflect its focus on the metaverse. As the metaverse gains momentum, companies and organizations are beginning to leverage the technology in several areas including gaming, NFTs, among others. […]
Earlier this month, Lightricks announced the acquisition of Popular Pays to accelerate the high-growth Jerusalem startup’s strategy to become a one-stop platform for creators. Popular Pays, which is based in Chicago, is an agile advertising platform built to connect creators […]
Institutional access to DeFi is on the roadmap now that cheqd has joined the CeDeFi Alliance, an organization that’s aiming to bring greater regulation and transparency to decentralized finance. Cheqd has revealed it’s now a full member of the CeDeFi […]
Banking and financial institutions have rapidly digitized all their operations, especially since the outbreak of the COVID-19 pandemic. Unfortunately, fraudulent activities have kept pace too. According to a report from LexisNexis, the cost of fraud for U.S. financial services and […]
The fashion industry — with its short trend cycles and massive production rates — was named one of the most polluting sectors of the previous year. However, the unexpected rise of digital fashion in video games and applications has revealed a […]
Crypto mania is back! In just five days, the price of bitcoin jumped by more than 9 percent from $44,000 to over $48,000 on Monday. The sudden jump also means the world’s most popular cryptocurrency has now erased all its […]
Virtual reality surgical training and assessment platform Osso VR has raised $66 million in Series C funding to continue its mission to democratize healthcare and broaden access to surgical education for all healthcare professionals. The round was led by Oak HC/FT, with […]
The feud between the once world’s richest man Jeff Bezos and Tesla CEO and the world’s richest person Elon Musk doesn’t seem to be cooling anytime soon. According to The Insider, the Musk-Bezos rivalry appears to date back to back to […]
In March 2021, Instacart doubled its valuation to $39 billion after raising $265 million in funding. It was the second time Instacart doubled its valuation since the start of the pandemic in February 2020, making the on-demand grocery delivery startup the second-largest U.S.-based […]
Israeli brain infrastructure startup brain.space has come out of stealth mode with an $8.5 million seed funding to conduct the first-ever EEG experiment in space. As part of the experiment, astronauts will wear the brain.space automated EEG helmet to collect microgravity brain […]
HP has acquired Poly for $3.3 billion in an all-cash transaction deal to accelerate its growth strategy and creates leading portfolio of hybrid work solutions. Poly, which recently rebranded from Plantronics to reflect its dual Plantronics and Polycom heritage, is a leading provider of […]
On Saturday, we wrote about Tesla CEO Elon Musk after he hinted at launching his own social media platform due to Twitter’s failure to promote free speech. It now appears that Musk is seriously considering building his own social media […]
We covered Gopuff back in January when the SoftBank-backed delivery tech startup expanded into the private label business with the launch of its own line of private label products. The Pennsylvania, PA-based startup kicked off with bottled water under the “Basically” brand, followed by […]
Decentralized finance (DeFi) is slowly gaining momentum with prospects to replace traditional banks and other financial institutions. It decentralizes the system and adds greater transparency by eliminating the need for existing middlemen, such as brokerage and banks. In just a […]
