Electric vehicles (EVs) are not new in the United States, EVs made their way back to the mainstream in the early 2000s with the popularity of Tesla. Even after two decades, the EV car market is still dominated by conventional lithium-ion […]
Mohit Gupta, the co-founder of an Indian food delivery startup Zomato has resigned after about five years at the restaurant aggregator and food ordering and delivery platform, the company said on Friday. The announcement comes three months after Nitin Savara stepped down […]
On 12 November, the Bahamas Securities Commission (SCB) issued an order for FTX Digital Markets (FDM) to transfer the contents of its crypto wallets to a government-controlled wallet. A little over a week later, the Bahamas regulator announced it now has […]
Let’s face it, the US mainstream media hate Elon Musk. They’ve been going after him since he became the CEO of Tesla in 2008. Elon Musk even lashed out at the media’s ‘relentless hatestream’ of bad reporting back in February. “The holier-than-thou […]
Early this year, we covered Cider Security after the Israeli cybersecurity startup emerged from stealth with $32 million in funding to bring the world’s first AppSec operating system to market and revolutionize continuous security for continuous integration and continuous deployment (CI/CD). Fast […]
Arkon Energy, a Sydney-based startup and provider of 100% renewable data center infrastructure, has raised $28 million in funding led by quantitative investment manager and digital assets market maker, Blue Sky Capital. In conjunction with the funding, the startup also […]
On November 11, the embattled crypto exchange FTX filed for Chapter 11 bankruptcy protection. Immediately after the news, the disgraced FTX founder Sam Bankman-Fried (also known as SBF) resigned as the CEO of the crypto exchange FTX Group and John […]
PTC, a Boston-based company that provides Internet of things (IoT), augmented reality (AR), and collaboration software, announced Thursday it has agreed to buy cloud provider company ServiceMax for $1.46 billion in cash. The transaction will be funded in two stages, with $808 million paid […]
While maintaining the façade and appearance of a multi-billionaire, it turns out the disgraced FTX founder Sam Bankman-Fried was bankrupt all along. New court filings revealed that Bankman Fried was using FTX hedge fund Alameda Research as a piggy bank to fund […]
Digital Virgo said Thursday that it is going public through a merger with a blank-check company Goal Acquisitions Corp in a deal that values the French mobile payments platform at $513 million. Goal Acquisitions Corp is a blank-check company founded by high-profile […]
Back in September, crypto exchange giant FTX acquired bankrupt Voyager’s assets for $1.42 billion. But with FTX now bankrupt following the drama of last week, Binance is preparing to relaunch a bid to buy the embattled Voyager Digital, CoinDesk reported, citing sources familiar […]
In just a matter of days, FTX founder Sam Bankman-Fried went from crypto white knight to villain. His billion-dollar fortune has collapsed, making it one of the most shocking and sudden financial implosions in modern history. He is facing multiple investigations […]
This is a post by Mark Allen, a General Manager at Identiv, a global leader in digital security and identification in the Internet of Things (IoT). Machine learning is rapidly changing the face and pace of business as we know it. […]
The collapse of the now-bankrupt crypto exchange continues to roil the industry. In less than 24 hours, four crypto companies including BlockFi, Gemini, SALT, and Genesis have announced new restrictions on withdrawals for their customers. Winklevoss brothers’ Gemini crypto exchange […]
At a time when some companies still focus on profit, major corporations including Google, Microsoft, and Coca-Cola have realized they must act in a manner that benefits not just their bottom line and also society at large. Some of these corporations […]
Surf Air Mobility is a Hawthorne-based electric aviation startup that is looking to transform travel by building a regional air travel ecosystem that sustainably connects the world’s communities via its zero-emission flying. The startup is aiming to reinvent flying through the power […]
The contagion of FTX collapse is slowly spreading across the crypto industry. Last week, crypto lender BlockFi suspended withdrawals as fear of insolvency and liquidity crunch spreads across crypto markets. Then yesterday, crypto lending platform SALT announced it was pausing all withdrawals […]
“FTX is fine. Assets are fine,” Sam Bankman Fried said in a tweet on November 7 just four days before crypto exchange FTX filed for Chapter 11 bankruptcy. Virtually no one saw it coming except for a few people in […]
It’s just Tuesday and it’s looking like the repeat of last week. Last week, crypto lender BlockFi suspended withdrawals as fear of insolvency and liquidity crunch spreads across crypto markets. Then this week, BlockFi is preparing for bankruptcy, forming a new […]
As FTX’s house of cards comes crashing back down to earth, it’s now becoming apparent that Sam Bankman-Fried’s crypto exchange is nothing but a shell company launched to funnel and launder money to the Democratic Party and also ensure that […]
