Facebook, Instagram, WhatsApp have been down for over four hours. The outage continues to this afternoon after Facebook went down at around 11 AM Eastern Standard Time. In a tweet, Internet researchers Brian Krebs confirmed the outages were due to domain […]
Facebook, Instagram, Whatsapp, and Facebook Messenger, are have been down for several hours due to domain name system (DNS) issues. Internet researchers Brian Krebs confirmed the DNS issue in a tweet saying: “To be more precise (and Geek Factor 5) the BGP […]
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, […]
A former Facebook employee has unmasked herself as the source behind damaging leaks about the social media giant. Frances Haugen, 37, came forward on America’s top-rated news show 60 Minutes Sunday night. The former Facebook data scientist also alleged that Facebook allowed […]
What started last Friday as one of the largest Decentralized Finance (DeFi) bugs in history is now turning out to be bigger than what everyone had originally anticipated. Last Friday, Compound Labs, a popular decentralized-finance staking protocol, reported that about $90 […]
Qualcomm and investment firm SSW Partners announced on Monday they had reached a deal to buy Swedish company Veoneer for $4.5 billion in cash, according to news first reported by Reuters. Founded just three years ago, Veoneer is an American Swedish […]
Over the past two decades, at least $3 trillion has been invested in renewable energy sources including solar, winds, hydropower, and battery storage. A 2019 report from UN Environment Programme (UNEP) found that investments in renewable energy were set to […]
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 […]
The future of work is here and technology has become an equal opportunity disruptor. It is now clear that it is not a matter of “if” but “when” these new technologies will change how we work. Automation and technological advancements in […]
The UK food industry, already stressed from supply chain woes and labor shortages due to Brexit and the covid pandemic, is now under even more pressure due to the lack of carbon dioxide (CO2). Yes, you read it right–lack of […]
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 […]
YouTube strikes again! As part of its effort to crackdown on anti-vaccine misinformation, YouTube announced yesterday it would block all anti-vaccine content on its video platform. As we reported yesterday, the Google-owned video platform also said it is moving beyond its ban […]
In September 1859, the first recorded solar storm, also known as a Coronal Mass Ejection (CME), hit the United States. Known as the Carrington Event, the solar storm caused widespread telegraph problems. If the same Carrington-scale event were to hit the United […]
Foxconn Technology Group (Foxconn), a Taiwan-based company and the world’s largest electronics manufacturer, is nearing a deal to buy the electric truck startup Lordstown Motors’ Ohio plant, according to a report from Bloomberg, citing people familiar with the matter. The […]
On Tuesday, SpaceX CEO Elon Musk took a jab at Jeff Bezos during an interview, saying, “you can’t sue your way to the moon.” Blue Origin, a space company founded by Amazon founder Jeff Bezos, sued NASA in August after the agency […]
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 […]
There’s a lot of buzz about edge computing in recent years. What’s it really? Edge computing is a distributed computing framework that brings enterprise applications closer to data sources such as IoT devices or local edge servers. This is expected to improve […]
