Charlie Javice, the 31-year-old founder and CEO of fintech startup Frank, has been charged with fraud. Javice was charged with defrauding JPMorgan in its $175 million acquisition of the college financial planning website by falsely inflating the number of its […]
It’s been a while since we last wrote about Clearview AI, the controversial facial-recognition startup used by more than 600 law enforcement agencies, including the FBI and Department of Homeland Security. Using its AI app, the notorious AI startup scans […]
MakerVerse, an on-demand AI-powered manufacturing platform, has raised $10 million for our Series A funding round led by 9.5 Ventures, with participation from Siemens Energy and ZEISS. The Berlin-based Berlin, Germany-based tech startup will use the new cash infusion to expand […]
Gen Z founders are passionate, driven, and ambitious, and compared to past generations, are motivated to start their own businesses for very different reasons. It’s therefore not surprising that the overwhelming majority (92%) of startups founded by Gen Z (18-24 […]
Did you know that today’s well-known big tech companies got their start in college dorm rooms? For example, Mark Zuckerberg, Dustin Moskovitz, Eduardo Saverin, and Chris Hughes launched Facebook while undergraduates at Harvard. Larry Page and Sergey Brin, who met […]
The artificial intelligence (AI) revolution is finally here. After almost seven decades of usage in academic and research circles, AI is slowly making its way to the mainstream, thanks in part to the popularity of OpenAI ChatGPT. In just a […]
Good evening! Below are some of the top tech startup news stories for Monday, April 3, 2023. Acorns acquires UK-based kid-focused fintech startup GoHenry to expand into Europe Acorns, a U.S.-based startup focused on savings and investing, has acquired London-based […]
After many months of promising no layoffs, the iPhone giant is now joining a long list of tech companies that have announced job cuts over the past year. After holding off on corporate layoff including pulling every lever to cut […]
While most North American startups remain under funding drought conditions, Latin American startups continue to enjoy a funding boom thanks in part to a venture capital (VC) firm like the São Paulo-based Kaszek Ventures. We wrote about Kaskek back in […]
On November 30, 2022, OpenAI launched ChatGPT, a large AI language model based on the third-generation Generative Pre-trained Transformer (GPT-2) architecture. The chatbot was designed to generate human-like text in response to prompts or questions from users. While the Internet […]
Ethereum blockchain startup Boba Network saw a massive increase in the number of transactions on its BnB Chain network despite the ongoing slowdown in the crypto industry. The company said an astounding increase of 9883.46% in transactions and the addition […]
Acre, a London-based tech startup and provider of an all-in-one mortgage and protection platform, has closed £6.5 million ($8 million) in funding to grow its tech platform to make home-buying quicker and easier for buyers, brokers, insurers, and lenders. The […]
“I will eat a happy meal on TV if Mcdonald’s accepts Dogecoin,” Elon Musk said back in January 2022. For months, Musk has been promoting Dogecoin. Calling it people’s coin, Musk once told TMZ in an interview that Dogecoin could […]
Bloggers, YouTubers, influencers, podcasters, and, photographers… are just a few examples of an estimated 50 million people worldwide who identify as “creators.” And these people are all part of the growing Creator Economy. Today, the creator economy is changing the […]
Bittrex crypto exchange is the latest casualty of the ongoing chaos in the crypto industry. Today, Bittrex announced its shutting down its US-based crypto exchange due to “regulatory uncertainty.” The company said on Friday that it would wind down its […]
Keeping to his promise of transparency, Twitter today released its algorithm to the public for the first time since its inception over a decade ago. The social platform behemoth released the source code that shows which tweets show up on […]
So it begins! Early this week, Elon Musk and other tech titans called for a pause on training AI exceeding GPT-4, citing “risks to society.” In an open letter signed by Musk and Apple co-founder Steve Wozniak, a group of about […]
There has been a lot written on quantum computing. Yet, quantum software development, a fast-emerging topic involving the creation of software for quantum computers, is not gaining the attention it deserves. Quantum software development entails the creation of algorithms and […]
British billionaire Sir Richard Branson’s rocket company Virgin Orbit announced it will shut down its operations and terminate nearly all its employees after the company was unable to secure funding. In an all-hands meeting on Thursday afternoon, CEO Dan Hart […]
Good evening! Below are some of the top tech startup news stories for Thursday, March 30, 2023. Virgin Orbit to cease operations and lay off nearly entire workforce after it fails to secure funding Virgin Orbit announced it will shut […]
