Meta platforms filed a lawsuit against Voyager Labs on Thursday, alleging that the AI tech startup created fake Facebook accounts as part of a scheme to collect information from real Facebook and Instagram users. Meta alleged that Voyager Labs then used […]
Crypto winter has come for Singapore-based Crypto.com. The crypto exchange announced on Friday it would be laying off about 20% of its workforce, as the crypto industry continues to deal with the fallout of FTX. The latest layoff would be the […]
Good evening! Below are some of the top tech startup news stories for today, Thursday, January 12, 2023. T2 Social raises $1.1 million in its first external funding to take on Twitter With Twitter in chaos since its takeover by Elon […]
The Securities and Exchange Commission (SEC) finally dropped the hammer on crypto lender Gemini and Gemini, a crypto exchange founded by the Winklevoss twins. SEC on Thursday charged Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product […]
TikTok has bee been hit with a fine of $5.4 million over failures in policies that allow users to accept and refuse tracking cookies on its website. French data protection watchdog CNIL fined the ByteDance-owned company 5 million euros (about $5.4 million) […]
Really? JP Morgan acquired college financial aid platform Frank in 2021 for a whopping $175 million only to shut it down a little over a year later. So, what went wrong? Is Frank’s founder the next Elizabeth Holmes? In September 2021, JPMorgan Chase […]
The world has less than 10 years to avert climate change catastrophe, a study published in the online journal Nature Reviews Earth & Environment warned. The study also found that carbon dioxide (CO2) emissions increased by almost 5% last year, […]
Just a little over a month after exiting the US market following cease-and-desist orders from state and federal regulators, crypto lender Nexo finds itself in hot water again, but this time from authorities in the Eastern Europe country of Bulgaria. According to multiple […]
Good evening! Below are some of the top tech startup news stories for today, Wednesday, January 11, 2023. Alphabet’s Verily to lay off 15% of its workforce Alphabet’s health sciences unit Verily is cutting 15% of its workforce as part of a restructuring […]
The ongoing recession and economic slowdown have created opportunities for companies and investors looking to invest in promising startups with the potential to become industry leaders and unicorns of tomorrow. The impact is even more felt in the crypto industry where […]
All the flights in the US grounded for the first time since 9/11 after the Federal Aviation Administration (FAA) suffered a system outage that sends messages to pilots. The agency later ordered airlines to stop domestic departures but lifted the ban […]
Crypto exchange FTX has recovered over $5 billion in cash and other liquid assets, an attorney representing the bankrupt Sam Bankman-Fried’s founded company told a judge on Wednesday. According to the lawyer, the $5 billion includes cash and digital assets, attorneys said […]
While the daily headlines are dominated by tech companies and crypto firms laying off hundreds of thousands of workers, the world’s largest crypto exchange Binance is planning a massive hiring spree in 2023. Binance founder and CEO Changpeng Zhao (CZ) said […]
About two years ago, we wrote about Oxbotica after German automotive industry supplier ZF Friedrichshafen AG invested an undisclosed amount in the UK-based autonomous vehicle software startup to jointly develop driving systems for pod-like shuttles which will be able to transport […]
Since 2008, Apple has been releasing the total amount of money developers earned from its App Store. This year is no different. The iPhone giant recently released some information about the growth of its popular App Store. However, unlike the […]
When it comes to healthcare, attention is mostly focused on treatments for major diseases such as cancer and heart issues. However, everyday health needs like going through menopause or being diagnosed with endometriosis or PCOS, are underserved. That’s why London-based HealthTech […]
Good evening! Below are some of the top tech startup news stories for today, Tuesday, January 10, 2023. Virgin Orbit rocket launched from a jumbo jet suffered an anomaly that prevented it from reaching orbit UK space industry suffered a major […]
With healthcare reform, an aging population, and an increasing number of new cancer diagnoses each year, the demand for healthcare services continues to rise. At the same time, pressure from payers to improve efficiency means that providers cannot increase capacity […]
One of the biggest IT infrastructure challenges facing organizations as they move their applications to the cloud is knowing the health of the systems and services in operations. These organizations are also under pressure to keep their IT infrastructure and cloud […]
Over the years, AI and machine learning have been getting better and smarter in speeding up drug discovery. That’s why BioNTech, a German biotech company known for the development of covid vaccines with Pfizer, has decided to scoop up British artificial intelligence startup […]
