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Cybersecurity firm Okta lost $2 billion in market cap as data breach woes deepen
Nickie Louise Posted On October 24, 2023


Single-sign-on cybersecurity firm Okta has lost more than $2 billion from its market valuation since it revealed a breach of its support systems last Friday. This isn’t the first time Okta has been targeted by hackers; its source codes were […]


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Acquisition  / Software  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
EngageSmart to go private in a $4 billion buyout deal with Vista Equity Partners
Nickie Louise Posted On October 23, 2023


In the technology sector’s latest mega buyout deal, Vista Equity Partners, a well-known private equity firm with a strong focus on investing in enterprise software companies, is set to acquire EngageSmart for approximately $4 billion. The acquisition is anticipated to […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Apple to invest $1 billion annually on generative AI in a bid to catch up with OpenAI’s ChatGPT
Nickie Louise Posted On October 23, 2023


Apple is reportedly investing $1 billion annually to integrate generative artificial intelligence (AI) throughout its product lineup as the iPhone giant seeks to narrow the gap with Open AI’s ChatGPT, according to a Bloomberg report published on Sunday. As part […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Google Bard introduces “Human reviewers,” sparking privacy concerns over conversation monitoring
Daniel Levi Posted On October 23, 2023


Google Bard has quietly rolled out a new feature known as “human review,” aimed at enhancing Bard conversations and refining feedback for its generative AI. This is one of several features Google has released over the past month as its […]


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Acquisition  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Fortive acquires Elektro-Automatik for $1.45 billion
Nickie Louise Posted On October 23, 2023


Fortive, a Canadian industrial technologies company, announced on Monday that it has reached an agreement to acquire Elektro-Automatik for $1.45 billion. The all-cash deal is expected to close in the first quarter of 2024. Fortive said the acquisition will bolster […]


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Acquisition  / Gaming  / IPO  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Faze Clan, a gaming startup that went public in a $1 billion SPAC deal a year ago, acquired for $17 million
Nickie Louise Posted On October 20, 2023


FaZe Clan, a once-prominent eSports gaming startup that went public in a $1 billion SPAC deal in October 2022, has been acquired by GameSquare Holdings in an all-stock transaction deal valued at $17 million. As part of the acquisition agreement, […]


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Alibaba, Tencent and other Chinese backers invest $340M in OpenAI rival startup Zhipu
Daniel Levi Posted On October 20, 2023


Just a short three days ago, we wrote about Baichuan after the Chinese AI startup secured a massive $300 million in funding from industry heavyweights including Alibaba and Tencent, among others. And now, we have yet another Chinese AI startup […]


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Electric Car  / Electric Vehicles  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Bankrupt electric truck startup Volta Trucks is seeking buyers after raising $390 million in funding
Nickie Louise Posted On October 20, 2023


The management of the bankrupt electric truck startup, Volta Trucks, is actively pursuing a buyer to rescue the company from administration and facilitate the final stages of ramping up production to meet mass production targets, Reuters reported on Friday, citing […]


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Crypto Aid Israel Passes $185K in Donations as 30+ Web3 Companies Join The Emergency Relief Initiative
Nickie Louise Posted On October 19, 2023


Tel Aviv, Israel – 19.10.23 – Crypto Aid Israel, an initiative that was launched a week ago by several local blockchain companies, is pleased to report substantial progress in our mission to support Israelis affected by the ongoing wave of […]


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Privacy  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Tech billionaire Peter Thiel was reportedly an FBI informant
Daniel Levi Posted On October 19, 2023


In a startling revelation that’s bound to send shockwaves through the tech world, there are reports suggesting that Peter Thiel, co-founder of PayPal and a prominent venture capitalist, may have had a role as an FBI informant, that’s at least […]


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Featured  / FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
UK fintech startup Uncapped raises £200M in debt financing from Fortress Investment Group
Daniel Levi Posted On October 19, 2023


Despite the ongoing dominance of artificial intelligence startups in the tech funding arena, investors are showing no signs of slowing down when it comes to backing promising and innovative fintech startups. In fact, just earlier this month, we reported that […]


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Featured  / Layoff  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Google lays off dozens of staff in its news division
Nickie Louise Posted On October 19, 2023


Google has fired dozens of staff in its news division this week, cutting approximately 40-45 jobs, CNBC reported. These layoffs are part of Google’s broader efforts to downsize in response to slower growth and uncertain economic conditions. The specific positions […]


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Apps  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Tata Group considering investing another $1 billion in super app Tata Neu, report
Nickie Louise Posted On October 19, 2023


Tata Group is mulling the possibility of investing an additional $1 billion into its super-app venture Tata Neu as part of the effort to boost its digital business, Bloomberg News reported on Thursday. The latest capital infusion underscores Tata Group’s […]


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Elon Musk is considering pulling Twitter out of Europe over the new EU compliance laws
Nickie Louise Posted On October 18, 2023


Elon Musk is considering taking Twitter out of the European market in response to a fresh set of European Union’s internet platform regulations known Digital Services Act (DSA), Insider reported on Wednesday. The DSA is a comprehensive legislation designed to oversee […]


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Failed Startups  / Press Release  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Why Online Businesses Fail: Top 5 Mistakes to Avoid
Nickie Louise Posted On October 18, 2023


Running an online business can be a rewarding venture, but it’s not without its distinct set of challenges. Sadly, a significant number of online businesses experience failure within their initial years of operation. Although various factors can lead to this, […]


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Cybersecurity  / Hacking  / Security  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Hacker leaks 4 million more 23andMe user records, including records of “wealthiest people living in the US and Western Europe”
Daniel Levi Posted On October 18, 2023


The situation regarding the 23andMe data breach took a turn for the worse on Wednesday. The same hacker responsible for leaking a treasure trove of user data stolen from the genetic testing company 23andMe two weeks ago has now released […]


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Featured  / FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Fintech startup Globacap raises $21 million in Series B funding to digitize the $12 trillion private markets
Nickie Louise Posted On October 18, 2023


Private markets have seen a significant increase in Assets under Management (AUM), reaching a substantial $11.7 trillion in 2023. This number is expected to double within the next five years. However, despite its considerable size and importance, the processes within […]


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Cybersecurity  / Featured  / Hacking  / Security  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Zero-trust security startup SecureW2 lands $80M from Insight Partners to grow its passwordless authentication platform
Daniel Levi Posted On October 18, 2023


In today’s digital age, the call for passwordless authentication has become increasingly urgent. Traditional passwords, despite their familiarity, are susceptible to hacking, and data breaches, and tend to leave users exasperated with the growing complexity of password rules. Passwordless authentication […]


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Featured  / Launch  / Social Media  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
X (formerly Twitter) launches $1 annual subscription plan for basic features in a test to reduce bots and spam
Nickie Louise Posted On October 18, 2023


X, formerly known as Twitter, announced on Tuesday that it’s rolling out a new subscription model in a test to reduce bots and spam. The new $1 annual subscription plan called “Not A Bot,” will charge users for actions like […]


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Artificial Intelligence  / Bootstrapping  / Emerging Technology  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
DimeADozen.AI, an AI side hustle started by two friends with only $185, just sold for $150,000 after 7 months
Daniel Levi Posted On October 17, 2023


Can you imagine starting a side hustle with just $185 and artificial intelligence (AI)? That’s exactly what two friends, Monica Powers and Sal Aiello, did and now their business was just sold for $150,000. How did they do it? In […]


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