Telecom giant Ericsson announced Monday it has acquired Holmdel, New Jersey-based cloud communications firm Vonage in a $6.2 billion all-cash deal, as part of the effort to broaden its 5G portfolio. The merger agreement was approved unanimously by the Board of Vonage. The acquisition […]
With daily headlines of data breaches and new waves of security challenges, investors are pouring billions of dollars into promising cybersecurity startups. One of the leading startups in the cybersecurity space is Lacework, a provider of the data-driven security platform for the […]
Decentralized finance (DeFi) has been hailed as a new way for users to lend, borrow and save while bypassing traditional gatekeepers of finance such as banks and government regulations. DeFi is built on the premise that the technology will potentially eliminate […]
Employees’ wellness is one of the major challenges for most organizations. More than 90 percent of business leaders say that promoting wellness can affect employee productivity and performance, according to survey results from the nonprofit Health Enhancement Research Organization (HERO). […]
In July, we wrote about Apple co-founder Steve Wozniak after he announced his support for the “Right To Repair” movement, an advocacy group that allows consumers the right to repair their own devices. Wozniak made the remarks during a Cameo video appearance […]
With growing concerns about climate change and carbon emissions, some consumers now prefer climate-friendly, plant-based meats and dairy instead of the traditional ones made from animals. According to some research, animal-free dairy is estimated to produce around 85-97% fewer greenhouse gas […]
CloudWalk, a fintech startup that is democratizing the payments industry in Brazil, has raised $150 million in funding led by Coatue, an investment firm focused on companies in the technology, media, and telecommunications space. The latest round brings the company valuation to $2.15 billion, making […]
The electric car revolution is here to stay. With global concerns about climate change and the goal to reach net-zero global emissions by 2050, automakers around the world are slowly moving away from the production of gas-powered vehicles and transitioning […]
We first covered SoundHound back in 2018 when the conversational AI tech startup raised $100 million to drive the adoption and distribution of its Houndify voice AI platform across verticals including automotive, Internet of Things, consumer products, and enterprise apps and […]
The last time we covered WeWork was back in March when the embattled co-working startup announced its plan to go public in a $9 billion SPAC deal after losing a whopping $3.2 billion in 2020. Then on October 21, WeWork […]
Late last year, we wrote about Tier Mobility after the Berlin, Germany-based e-scooter rental startup received a $250 million investment led by the Japanese giant SoftBank. The Series C funding round was also supported by additional funding existing investor Mubadala Capital alongside Northzone, Goodwater […]
Metaverse is the new buzzword in technology. Since last month when Facebook changed its name to Meta, tech investors are flooding into virtual and augmented reality space with millions of dollars investments hoping to find the next winner to bet […]
According to Security Magazine, there are over 2,200 attacks each day which translates to nearly 1 cyberattack every 39 seconds. Over the weekend, cyber hackers successfully compromised the FBI email system, sending over 100,000 emails from the official FBI address. According […]
With growing concerns about climate change, global automakers are slowly transitioning away from internal combustion engine (ICE) vehicles to electric vehicles as part of their efforts to reduce carbon emissions. For example, after 113 years of internal combustion engine (ICE) vehicles, […]
Spotify is one of the world’s most popular music streaming services, with over 356 million monthly active users, including 158 million premium subscribers. The music streaming behemoth has seen explosive growth in revenue and customer base in recent years. With billions of […]
Yesterday, we wrote about Rivian after the Amazon-backed EV startup made its public market debut on the Nasdaq stock exchange, opening at $106.75 per share after being priced at $78. By the time the market closed, the shares of the Plymouth, Michigan-based […]
GoTo Group, a unicorn tech startup created in May as a result of a merger between Indonesia’s internet startups Gojek and Tokopedia, announced Thursday it has secured $1.3 billion from investors in the first close of an ongoing funding round ahead […]
In early September, a federal judge ruled that Apple must allow third-party payments in its App Store and not force developers to in-app purchasing. Judge Yvonne Gonzalez Rogers said in a verdict of a closely-watched trial between Apple and Epic Games. But Apple […]
The Buy now, pay later (BNPL) phenomenon has grown in popularity in recent years as customers seek alternative methods of financing. BNPL is a new payment option that allows consumers to receive their purchase right away (Buy Now), either online […]
Health tech startup Color Genomics announced Tuesday it has raised $100 million investment as investors continue to pour billions into the crowded digital health market. The announcement comes about ten months after the company raised $167 million in Series D funding to […]
