Did you know that 8% of the U.S. national debt was spent fighting a 2-decade-old war in Afghanistan? According to estimates from Brown University’s Costs of War Project, the United States has spent a total of at least $2.26 trillion […]
Wish is an e-commerce shopping app and one of the largest and global eCommerce platforms online. We covered Wish.com late last year after the marketplace announced the launch of a $2 million fund to support independent, black-owned retail businesses across the US. The […]
In 2015, Tesla was losing more than $4,000 on every car sold. The company was burning through cash at an alarming rate that reminds us of the dot-com bubble. Tesla burned $359 million in cash in the second quarter as it battled […]
Cardiovascular disease is the leading cause of morbidity and mortality in the United States. It is also the leading cause of mortality in the world, with an estimated 17 million deaths each year. To provide treatment for this deadly disease, Oxford, England-based HealthTech […]
Treliant, a Washington, DC-based Treliant regulatory and compliance consulting firm announced today it has acquired Vox Financial Partners (Vox) to strengthen its capital markets capabilities and expand its footprint into Europe. The total amount of the deal was not disclosed. The transaction […]
Gelato, a Norwegian software tech startup today announced it has secured $240 million in new funding from Goldman Sachs Group Inc. and SoftBank Group Corp. in a deal that values the 14-year old startup at just over $1 billion, making it a […]
Last year, a federal jury ruled that Apple owed $506 million for infringing Plano, Texas-based Optis, PanOptis Patent Management, and Unwired Planet’s LTE patents with technology found in its iPhone and other LTE-capable products. A year later, a federal jury on Friday […]
Just four days after President Biden said the Afghan national army is more than capable and trained to fight and defend themselves, the Taliban entered the presidential palace in Kabul after President Ashraf Ghani left the country. President Ghani fled Afghanistan for […]
In 2011, the Obama administration backed the world’s biggest solar energy project failure ever recorded–The Crescent Dunes Solar Energy Project. The $1 billion boondoggle solar plant became obsolete before it ever went online because it couldn’t keep pace with new technological advances. The project […]
On July 7, 2020, The director of the Federal Bureau of Investigation (FBI) Christopher Wray said that “of the nearly 5,000 active FBI counterintelligence cases currently underway across the country, almost half are related to China.” In a speech delivered at the Hudson […]
Artificial Intelligence (AI) in healthcare can be defined as the smart utilization of complex software to contend with human insights in inquiry, elucidation, and understanding of intricate healthcare and medical data. AI is an intuitive system that relays an array […]
A little over two months ago, we covered the story of Patrick Shyu, the self-proclaimed Ex-Google Tech Lead and Ex-Facebook Software Engineer, who, as a multi-millionaire, cautioned against investing in cryptocurrencies. This piece coincided with the time when the Tether […]
Another day, another report of a crypto hack. It seems no day goes by without headlines of cyberattacks or data breaches. According to a report from Security Magazine, $1.9B in cryptocurrencies were stolen by hackers in 2020, down from $4.5 billion in […]
The impacts of climate change are global in scope, unprecedented in scale, and can no longer be denied. We can see the impacts of climate change all around. Some of the major impacts include increased heat, drought, insect outbreaks, increased […]
In 2021, the total world population is estimated to be around 7.88 billion people. With billions of people to feed, the demand for food is also rising. With millions of people, there are also challenges of land and water to contend with. The world […]
Exactly one year after raising a $25 million series B, Silicon Valley 3D printing tech startup Arevo has closed an additional $25 million in funding to transform 3D printing into a tool for mass manufacturing. The round was led by Khosla Ventures […]
In February 2019, Reddit was valued at $3 billion following a funding round. Then exactly a year later, Reddit raised $250 million in new funding, doubling its valuation again to $6 billion. The doubling didn’t end there. Today, Reddit is now valued at $10 […]
In what is being described as one of the biggest cryptocurrency heists of all time, a group of hackers stole more than $600 million worth of crypto in a cyberattack that targeted a decentralized finance platform called Poly Network. Then yesterday, […]
Just a few days ago, we reported that U.S. grocery delivery tech startup Gopuff raised a massive $1 billion in funding, pushing its valuation to $15 billion. The round was backed by high-profile investors including Japanese giant SoftBank and others. Now […]
1stdibs is a luxury internet startup that offers a marketplace for rare and desirable objects in furniture, fashion, fine art, and jewelry. 1stdibs’ platform connects design lovers with highly coveted sellers and makers of vintage, antique and contemporary furniture, home décor, art, […]
