Software engineers and citizen developers continue to embrace the no-code software revolution abut two decades after the no-code web development platforms helped kickstart the no-code movement. At its core, the goal is to democratize software development and level the development playing field […]
The current economic downturn and the looming recession here in the United States have caused global funding to startups to fall by 23% in the second quarter of 2011 from the first, to $108.5 billion, according to data from CB […]
Chinese business-to-customer cross-border eCommerce startup Dianxiaomi has raised $110 million in a Series D funding round led by SoftBank Vision Fund 2 and Sequoia China, with the participation of Tiger Global Management, GGV Capital, and others. SoftBank Vision Fund 2’s investment in Dianxiaomi […]
Two years ago, BlackRock chairman and CEO Larry Fink wrote in his influential annual letter to CEOs that the company will not invest in companies that are not committed to climate change and social purposes. Fink reiterated the similar message in his […]
In the past two years, China began to crack down on tech companies, wiping billions of dollars of value from its most prominent companies including Alibaba. Then in May, the Chinese government showed signs of easing its crackdown on the country’s tech […]
Remember WeWork, the embattled co-working giant that lost billions of investors’ money after raising a staggering $12.8 billion in funding over 14 rounds? In 2019, WeWork fired its CEO Adam Neumann, canceled its IPO, and laid off a quarter of its 12,500 employees. But […]
With the rise of challenger banks and neobanks, community financial institutions in the United States continue to face existential threats from fintech companies, national banks, and accounting package vendors that are offering a competitive suite of payment solutions to SMBs. Now, […]
In July, Faraday Future delayed the launch of its flagship electric SUV FF91 after warning that it was short on cash. The Los Angeles-based electric vehicle startup, which went public in a July 2021 merger with a blank-check company, was hoping to raise $325 […]
Data breaches in the US hit a record high in 2021 affecting nearly 300 million victims. The cost of a data breach continues to skyrocket. According to a recent IBM study conducted by the Ponemon Institute, data breaches cost American companies on average […]
Late last month, Facebook-parent Meta Platforms reported a loss of $2.81 billion on $452 million in revenue from its VR division Reality Lab. That’s not all. The social giant has lost at least $0.5 trillion in market capitalization since it rebranded over a year […]
These days, leading grocers and retailers are constantly exploring smart cart technologies to meet the growing demand for frictionless shopping and cashier-less checkout. However, introducing purpose-built smart carts to a store is often operationally complicated and very costly. Enter Shopic, a […]
The United States is the richest country in the world. Yet, one in eight Americans receives government assistance to buy their weekly groceries, which translates to 42 million Americans who receive food assistance from the government Supplemental Nutrition Assistance Program, also known […]
The demand for cybersecurity professionals is at an all-time high. The increased in cyberattacks, coupled with the pandemic has driven up the demand for experienced professionals. With colleges not graduating enough technically skilled cybersecurity professionals, the demand for cyber professionals far outnumbers […]
With many issues facing our world today, small and big corporations alike are no longer just focusing on short-term profit but also on their impacts on society and the world at large. Today, the world is faced with a plethora […]
Every year, the U.S. government creates hundreds, if not thousands, of new regulations that impact small and big businesses alike. In the last two decades, the regulatory burden has grown substantially and cost over two million jobs. Companies dedicate a large […]
Last month, OpenSea said it was laying off 20% of its workforce to reduce costs amid a prolonged slump in crypto-asset markets. The world’s largest NFT marketplace also saw the sales of non-fungible tokens (NFTs) on the Ethereum blockchain network fell […]
Global venture capital investments in technology startups fell significantly in Q2 investors pull back due to fear of looming recession and global economic downturn. Startup funding reached $120 billion, the lowest amount recorded for a single quarter since the beginning […]
Unstoppable Domains, a San Francisco-based tech startup and pioneer of blockchain domains, has become a new member of the highly coveted unicorn club after raising $65 million in Series A funding. The round, which now puts the company at a […]
In 2021, the total world population was estimated to be around 7.88 billion people. By 2050, the number is expected to hit 10 billion which will result in a 70% increase in food demand. With billions of people to feed, there are also […]
Having just banked $11.5 million in funding, Naoris Protocol says it’s on a mission to scale up the adoption of a decentralized cybersecurity mesh of validator nodes to shore up network defenses, making them stronger as they grow to encompass […]
