In March, Mike Winkelmann, the digital artist known as Beeple, made history after a single piece of his non-fungible token (NFT) art print was sold at Christie’s Auction for a record-setting $69.3 million, making it the most expensive digital art ever sold. Then […]
We’ve written about Techstars at least a dozen times. The Boulder, Colorado-based global accelerator provider and early-stage startup investor, has done a lot of good since its inception 15 years ago investing and building global entrepreneurial ecosystems. The firm has […]
Chinese autonomous driving car startup WeRide today unveiled Robovan, its first self-driving cargo van for logistics and autonomous deliveries. The launch, which was part of a strategic partnership between WeRide, automaker Jiangling Motors (JMC), and delivery firm ZTO Express, aims to […]
Corti.ai, a Copenhagen, Denmark-based healthtech SaaS startup that uses machine learning to help emergency departments to detect critical illnesses like cardiac arrest in real-time, announced today that it has raised $27 million (about €22.82M) in Series A funding to revolutionize the healthcare industry. The […]
Advance.ai, a Singapore-based AI tech startup has raised $200 million in funding to scale up its operations and accelerate future expansion, according to an exclusive report from Reuters, citing two sources familiar with the matter. The new funding makes the startup one […]
Cognizant Technology Solutions has reached a $95 million settlement deal to resolve a lawsuit brought by its investors accusing the New Jersey-based information technology services company of defrauding shareholders by concealing bribes to officials in India for facility permits. The shareholders […]
Over the past four years, we’ve been keeping track of the global top 500 unicorn startups with a valuation of $1 billion or more. Predictably, the United States accounts for more than half the valuation of all the global unicorns combined […]
New technologies like robotics and artificial intelligence (AI) have transformed every industry. However, the impacts of these technologies are more drastic in banking and financial markets where AI has forever changed the ways trading and investing are done. For example, […]
Just last month, Jack Dorsey’s payments company Square acquired Australian buy now pay later (BNPL) fintech company Afterpay for $29 billion. The acquisition brings together two of the fastest-growing global fintech companies to advance the shared mission of economic empowerment and financial […]
The NASA Perseverance Rover has succeeded in obtaining the Martian rock sample, which is only slightly thicker than a pencil. Photographs sent by the #Perseverance rover have since confirmed the presence of the rock inside its tube. The tube has been […]
Coinbase, Gemini, Kraken, and a number of other cryptocurrency exchanges appear to have crashed or restricted trading after the price of bitcoin suddenly collapsed on Tuesday wiping $400 billion off people’s investments. The price fell from above $52,500 to below […]
AddictingGames.com, a gaming platform founded by entrepreneur Bill Karamouzis (Bill Kara) has been acquired for $35 million dollars by Toronto-based Enthusiast Gaming Holdings. As part of the acquisition agreement, Addicting Games and its 28 employees will be joining the 200 or […]
As you may recall, Amazon founder Jeff Bezos stepped down as CEO back in July to spend more time on philanthropy and passion projects like his space company Blue Origin. Former AWS executive Andy Jassy later takes over as the CEO […]
Web 1.0 is a term often used to describe the early days of the Internet. Then came Web 2.0, a set of next-generation Internet technologies that describes the current state of the web, which has more user-generated content and usability for end-users […]
In 2011, hackers stole 25,000 bitcoin (US$400,000 at the time) from the Japanese bitcoin exchange Mt. Gox. A year later in 2012, former Airbnb engineer Brian Armstrong saw an opportunity and decided to build a crypto exchange platform that offers better security and protection […]
Before the 2020 coronavirus pandemic, many startups founders and entrepreneurs were planning to either start a business in China or move their product development to the country because of its lower cost of labor. While it’s true that China’s labor is cheaper […]
Over the past decade, we’ve seen the meteoric rise of Bitcoin from a worthless digital currency with zero value between Jan 2009 – Mar 2010 to its highest peak of $63,729.50 on April 13, 2021. As of May 2010, Bitcoin was still worth less […]
Early last month, Reddit raised $700 million in a fundraising round doubling the company’s valuation to $10 billion in just 6 months. There are now reports that the popular aggregation site with billions in monthly traffic might be planning to go public. […]
Corelight, a Silicon Valley-based tech startup founded by the creators of the Zeek open-source framework, today announced it has raised $75 million in Series D investment to fuel the acceleration of its global market presence and development of new data and cloud […]
Data loss costs millions of dollars, and the cost depends on the value of the data itself. Loss of source code and intellectual property of some code-oriented companies might cause collapse and bankruptcy. While businesses of all kinds are increasingly […]
