In March, there were reports that Arm Ltd, a British chip design firm owned by SoftBank, was considering raising prices for its chip designs. The aim was to increase revenue before their planned initial public offering (IPO) in New York. […]
It is undeniable that 2023 has been a challenging year for tech startups across the globe. The initial optimism that started at the beginning of this year quickly gave way to a daunting combination of banking defaults and Federal Reserve […]
Just last month, Ripple Labs won its case against the U.S. Securities and Exchange Commission (SEC) after a court ruling that Ripple’s XRP sales were not securities under the law. The U.S. judge ruled that the company “did not violate […]
Over the past two decades, the surge in cyber-attacks has been nothing short of alarming, making cyber insurance no longer a luxury but an absolute necessity. In the current digital landscape, cybersecurity has emerged as one of the most pressing […]
Israel, famous for its thriving startup culture, has been grappling with a worsening slowdown in its technology sector this past year, mainly attributed to the political unrest in the country. Now, there’s some positive news as the retail giant Amazon […]
CoinMarketCap, by far the world’s most-referenced price-tracking website for crypto assets, has just released its H1 2023 Report covering the market overview, key events, future themes, and much more. Here’s the Rundown! Key highlights from CoinMarketcap’s H1 2023 Crypto Market Report: […]
Observability software provider New Relic has reached an agreement led by a consortium led by Francisco Partners and private equity group TPG to go private in a $6.5 billion deal. The news comes at a time of intense competition in […]
Fleek Network, a network optimized to facilitate the deployment and running of geo-aware decentralized web and edge services, has released a new whitepaper unveiling its decentralized edge platform. This major milestone is accompanied by the launch of an open-source GitHub […]
India’s social e-commerce DealShare co-founder and CEO Vineet Rao has stepped down from his role effective immediately, the Tiger Global and Alpha Wave Global-backed unicorn startup announced in a statement on Monday. Rao will collaborate with the DealShare board in […]
Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s remaining stake in its Indian e-commerce startup Flipkart. In addition, the retail giant also acquired private equity firm Accel’s remaining 1% stake in the company, according to multiple […]
Back in December, we wrote about Facebook’s Meta after the social giant agreed to pay $725 million to settle the Cambridge Analytica scandal for accessing 87 million users’ data without their consent. Now, the clock is ticking and Facebook users […]
Earlier this week, Elon Musk rebranded Twitter to ‘X’ to reflect his vision of creating what he described as the “everything app.” As part of the major rebranding effort, Musk replaced the iconic Twitter bird logo with the letter “X.” […]
In a truly inspiring partnership to bring hope and promise to underserved students in rural Nepalese, BlinkNow, a global nonprofit committed to transforming lives, has teamed up with SmartWorks Technology Partners, a provider of software development and developer staffing services […]
The immense power of tech giants like Amazon, Apple, Google (now Alphabet), Meta, and Microsoft is massive. Over the last two decades, these companies have asserted their dominance in various market segments all across the globe. They wield power over […]
Nearly every developed country is witnessing a significant and rapid increase in the aging population. Along with this demographic shift, the expenses associated with caring for the elderly are rising at an approximate rate of five percent annually. This places a […]
It’s been quite a while since we last heard from Sam Bankman-Fried, the co-founder of FTX. However, he’s back in the news now as federal prosecutors recently dropped a campaign finance charge against him. During the court proceedings on Wednesday, […]
As artificial intelligence (AI) continues to gain mainstream adoption and more companies integrate AI into their organization ecosystems, there is a growing chorus of voices emphasizing the importance of AI safety once again. Just yesterday, we saw the launch of […]
It’s remarkable how much can change in just one year. Nowadays, AI is dominating the conversation, but it’s worth recalling that not long ago, the metaverse was stealing the spotlight when Facebook rebranded itself as Meta to focus on the […]
Last Friday, seven leading artificial intelligence (AI) companies including OpenAI, Google’s Alphabet, and Meta pledged to take measures to enhance AI safety. The move was part of the effort to ensure greater accountability and reliability in the use of AI-generated […]
While startup funding has slowed down in recent months. Merger and acquisition (M&A) activity continues to trend upward as private equity firms discovered great deals and opportunities. The latest is software vendor Certinia. Today, private equity firms Haveli Investments and […]
