Emerson Electric said today it has agreed to merge its software businesses with smaller rival Aspen Technology in a deal worth around $11 billion. Emerson said the merger will help boost its industrial automation business that caters to a swathe […]
Last week, cybercriminals hacked into Amazon’s Twitch exposing source code and payouts of creators and top 100 highest-paid Twitch streamers. The rise in cyberattacks has also led to an increase in the number of innovative cybersecurity startups aiming to help […]
BetterUp made headlines back in March after the Silicon Valley-based mental health startup hired Prince Harry as its Chief Impact Officer. In his new role, The Duke of Sussex is expected to have input into product strategy decisions and charitable contributions, and advocate publicly […]
Most employees hate the annual performance evaluations. 66% of the employees were strongly dissatisfied with the performance evaluations they received in their organizations, according to a piece published in Harvard Business Review, citing a survey of Fortune 1,000 companies done by the […]
There’s a lot of buzz about edge computing in recent years. Edge computing is a distributed computing framework that brings enterprise applications closer to data sources such as IoT devices or local edge servers. But one aspect of edge computing that receives […]
In 2021, there will be an estimated 1.9 million new cancer cases diagnosed and 608,570 cancer deaths in the United States, according to data from the American Cancer Society. As such, early cancer detection and screening is critical in reversing […]
Summit Partners, a global alternative investment firm, announced today it has raised $8.35 billion for its latest flagship U.S. growth equity fund. The Summit Partners Growth Equity Fund XI was launched in June 2021. Summit said the latest fund will target minority […]
Consumer-directed benefits are pre-tax benefit plans designed to give American workers more control over their earned income and save money on everyday out-of-pocket expenses. The consumer-directed benefits are offered by 95% of American companies and used by 95 million American employees, […]
Former U.S. Vice President Al Gore has invested $600 million of equity in U.K. energy tech startup Octopus Energy Group. The funding, which valued the company at $4.6 billion, was made via Al Gore’s investment firm Generation Investment Management. As […]
In 2020, the global GDP amounted to about $84.54 trillion, according to data from research firm Statista. On the other hand, the global B2B eCommerce market was estimated to be $12.2 trillion in 2019, which is over 6 times that […]
As you may recall, we reported last week that Indian hotel chain Oyo, a SoftBank-backed Indian hospitality startup was planning for an initial public offering (IPO) this week to raise around $1 billion. The day has finally come and we […]
In recent years, tech companies have been busy working on a variety of ways to prevent and avoid death — including uploading the human brain to a computer. However, there is still no disruptive technology out there that prevents humans […]
With billions of people now on Instagram, Twitter, and YouTube, the shift from public to private networks is undeniable. And that’s why this new tech startup has seen phenomenal success as thousands of users turn to its new camera app. Lapse […]
The global B2B payment continues to grow at an exponential rate with no sign of slowing down. It is estimated that B2B payments volume totals approximately $120 trillion per year globally and roughly $25 trillion per year domestically. The growth is expected […]
There is a wave of optimism in post-pandemic Africa. The recent coronavirus pandemic and China’s repression of Uyghurs in Xinjiang have led to a momentous shift in people’s attitudes toward China. Investors are beginning to move away from the communist country to business-friendly countries […]
Medical care is estimated to account for only 10-20 percent of a person’s health, according to research from the National Academy of Medicine. The other 80 to 90% can be broadly attributed to social determinants of health (SDoH) which affect a wide […]
Botco.ai, a Scottsdale, Arizona-based tech startup that provides AI-based conversational marketing solutions, announced today it has raised additional seed funding from VamosVentures to help accelerate growth. The funding brings the company’s total seed round to $3.6 million. Founded in 2017 by […]
Non-fungible tokens (NFTs) have ushered in a new era of creative expressions. Creators, small and big, are now using social money to build up the dollar value of their communities and give it back to their users. Social tokens incentivize more inclusive […]
Deploying applications into the cloud is an easy task. It is riddled with inefficiencies and pitfalls, especially for developers. In addition, not all cloud platforms are created equal in terms of app development and deployment features. As such, this poses […]
Even as technology continues to disrupt many industries, the financial and mortgage sectors still have a long way to go. For example, the current mortgage process is cumbersome and time-consuming, rife with filling out complicated documents which take days and […]
