November 19, 2024
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Startup Spotlight


Startup Spotlight profiles emerging tech startup companies around the world. Do you run a standout startup? Email us at Info@techstartups.com

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Meta to lay off 10,000 employees in second round of job cuts, just four months after it let go 11,000 employees
Nickie Louise Posted On March 14, 2023


Facebook-parent company Meta announced on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, making the social giant the first Big Tech company to announce a second round of mass layoffs. In a message […]


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Samsung Next backs a $45M investment in Israeli startup Mitiga to transform incident response for cloud and SaaS environments
Nickie Louise Posted On March 14, 2023


In 2022, it was estimated that 90 percent of organizations had a hybrid and multi-cloud environment. This opens up the potential for hackers and bad actors to move between on-premises data centers and cloud providers, as well as lateral attacks […]


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Top startup news for Monday, March 13, 2023: Amazon, Connectd, Meta, Pfizer, Rivian, Qualtrics, and SaasGuru
Nickie Louise Posted On March 13, 2023


Good evening! Below are some of the top tech startup news stories for Monday, March 13, 2023. Meta winds down NFTs on its platforms amid the crypto bust As the crypto market continues on its downward spiral, Facebook parent company Meta […]


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Pfizer acquires cancer treatment biotech firm Seagen for $43 billion
Daniel Levi Posted On March 13, 2023


Pfizer has acquired Seattle-based cancer treatment biotech firm Seagen for $43 billion. In an announcement on Monday, Pfizer CEO Albert Bourla said the acquisition will enable the pharmaceutical giant to deliver Seagen’s cancer therapy to the world “at a scale […]


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Qualtrics acquired for $12.5 billion by Silver Lake and CPP Investments
Daniel Levi Posted On March 13, 2023


Last week we wrote about Qualtrics after the survey software company received a $12.4 billion buyout offer from Silver Lake and Canada’s CPPIB. Today, Silver Lake and CPP Investments announced it plans to acquire Qualtrics for $12.5 billion, making it […]


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Rivian in talks to end exclusivity deal with Amazon for its EV delivery trucks and court new customers
Nickie Louise Posted On March 13, 2023


Electric vehicle (EV) maker Rivian Automotive is in talks with its largest shareholder Amazon to end the exclusivity part of their electric van deal, CNBC reported, citing the company spokeswoman. As we reported back in 2019, Amazon had placed an […]


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780 Views


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Edtech startup SaasGuru lands $2.7M for its cloud skills and workforce development platform
Nickie Louise Posted On March 13, 2023


SaasGuru, an EdTech startup founded to solve the cloud skills crisis by creating the bridge between learning and certifications, announced today it has closed $2.7 million (A$4 Million) in funding to transform the industry and redefine the way people approach […]


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701 Views


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Why did Silicon Valley Bank collapse? Here’s why the Federal Reserve may be responsible for the collapse of Silicon Valley Bank
Daniel Levi Posted On March 13, 2023


Silicon Valley Bank (SVB) is the US’s 16th largest bank that mostly served venture capital firms and tech companies and startups, including some of Silicon Valley’s biggest names, such as Roku. With over 200 billion dollars of assets, Silicon Valley Bank […]


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U.S. government guarantees Silicon Valley Bank customers will have access to all their deposits starting Monday
Daniel Levi Posted On March 12, 2023


As the Silicon Valley Bank situation unravels by the hour, the US financial regulators announced Sunday night that depositors of the failed Silicon Valley Bank will have access to all of their money starting Monday, March 13 In a joint statement, […]


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Elon Musk to buy Silicon Valley Bank after collapse, “I’m open to the idea”
Nickie Louise Posted On March 11, 2023


Tesla and Twitter CEO Elon Musk said he is open to the idea of buying the collapsed Silicon Valley Bank (SVB) and turning it into a digital bank. Musk made the revelation while responding to a tweet by Min-Liang Tan, […]


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Top tech news for Friday, March 10, 2023: Bitcoin, GM, Logan Paul, Meta, and Silicon Valley Bank
Nickie Louise Posted On March 10, 2023


Good evening! It’s another light news Friday. As a result, we’ll keep it short and sweet..Below are some of the top tech startup news stories for Friday, March 10, 2023.   General Motors (GM) is exploring the use of ChatGPT […]


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Silicon Valley Bank collapsed in just 48 hours, making it the second-largest bank failure in US history
Nickie Louise Posted On March 10, 2023


Up until yesterday, Silicon Valley Bank (SVB) was one of the most successful banks in the tech industry. As the name suggests, the bank was a specialized financial institution that provides loans and other financial services to startups and tech […]


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Meta is planning to launch a rival social media app to displace Twitter as the world’s “digital town square”
Daniel Levi Posted On March 10, 2023


After losing billions of dollars on its ambitious metaverse project, Facebook’s parent company Meta is now setting its sight on Twitter. According to an exclusive report from Reuters, Meta Platforms is currently exploring plans to launch a new social media […]


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Dao Maker Degen Zoo builds abandoned Logan Paul game in 30 days
Daniel Levi Posted On March 10, 2023


Not sure how many of you have been paying attention to the entire YouTuber Logan Paul’s CryptoZoo drama. His CryptoZoo NFT project was a total mess but later he issued an apology to his fans and investigative reporter CoffeeZilla. But […]


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More than $70 billion wiped off crypto market in 24 hours as bitcoin plunges 8%; sinks to a new low of $19,600
Nickie Louise Posted On March 10, 2023


After several weeks of good news, Bitcoin experienced a significant drop on Friday and fell below the $20,000 mark, hitting a low point not seen in almost two months. The world’s most popular cryptocurrency plunges as low as $19,613 before […]


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Top tech startup news for Thursday, March 9, 2023: KuCoin, Lilium, Monnai, Silvergate, and Spotify,
Nickie Louise Posted On March 9, 2023


Good evening! Below are some of the top tech startup news stories for today Thursday, March 9, 2023. Monnai lands $6.5M Series A funding to connect disparate data sources through a single API, so fintechs can focus on growth The […]


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604 Views


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Meet Randy Nonnenberg, a 45-year-old who turns a one guy’s car blog into a $1 billion car auction powerhouse
Daniel Levi Posted On March 9, 2023


Randy Nonnenberg is a 45-year-old entrepreneur and the co-founder of Bring a Trailer (BaT), an online platform and a community-based auction marketplace for buying and selling unique and rare vehicles. The site curates classic, collector, and enthusiast vehicles submitted by […]


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Cryptocurrency  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
New York sues KuCoin as US intensifies crackdown on crypto companies
Daniel Levi Posted On March 9, 2023


New York’s attorney general Letitia James on Thursday sued KuCoin for failing to register with the state before allowing investors to buy and sell cryptocurrencies on its platform. The move is part of the state’s effort to rein in what […]


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SEC charges software firm Blackbaud for misleading disclosures on ransomware attack that impacted 13,000+ customers, agreed to pay $3 million in settlement
Nickie Louise Posted On March 9, 2023


The U.S. Securities and Exchange Commission (SEC) has charged software firm Blackbaud for making misleading disclosures about a 2020 ransomware attack that impacted more than 13,000 customers. The SEC also said that Blackbaud has agreed to pay $3 million in […]


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Monnai lands $6.5M Series A funding to connect disparate data sources through a single API, so fintechs can focus on growth
Nickie Louise Posted On March 9, 2023

Monnai lands $6.5M Series A funding led by Tiger Global

The expansion of fintech companies into emerging markets presents a tremendous opportunity that could bring in tens of millions (if not hundreds) of new customers. However, both fintech companies and financial institutions are becoming more aware of the significant costs […]


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