Great companies are made during a recession, so the saying goes. When we look back at major recessions throughout history, we found that some of today’s best-known US companies like FedEx, Microsoft, Hewlett-Packard, and Walt Disney, got their early starts during past […]
Happy New Year! It’s been a while since we last covered the top startup news of the day. We listened closely to you and overwhelmingly, a majority of you want us to resume the series. What better time to resume […]
The co-founder and Chief Technology Officer of Indian food delivery startup Zomato Gunjan Patidar has resigned, the latest in a series of top-level executive exits to leave the 12-year-old startup. Patidar’s exit comes just two months after another co-founder, Mohit Gupta, resigned from […]
2022 is finally drawing to a close. This year is probably one of the worse years we’ve seen in decades. In the last 12 months, we saw the worst inflation in 40 years, economic downturn, global uncertainties, recession, and war. […]
With just one day left in 2022, Madrid-based Wolters Kluwer is ending the year with a bang. Today, Wolters Kluwer Legal & Regulatory, the global provider of information services, legal solutions, and consulting for companies, announced it has acquired Della AI, bringing the four-year-old startup […]
The collapsed crypto exchange FTX and its former CEO Sam Bankman-Fried diverted $200 million of customer funds to make two venture capital investments, according to complaints filed by the Securities and Exchange Commission (SEC). The announcement comes just a few […]
We’ve been covering failed startups for five years but this year is unlike any other year in our ten-year history. The past 12 months were unprecedented for tech companies, especially for tech startups. To put things in perspective, the tech industry lost […]
Quick Take Astar Network named the Product of the Year at the JBA Annual Blockchain Award. Astar Network’s founder, Sota Watanabe, bagged the ‘Person of the Year’ award for the second time in a row. The JBA comprises some of the leading […]
Every business today is dependent on software and infrastructure to get their business off the ground and cannot launch, build or scale without the right tech stack. With global software spend expected to grow to $879 billion in 2023, these […]
Core Scientific, one of the largest publicly traded bitcoin mining companies in the U.S., is the latest casualty of the ongoing crypto winter. The company is filing for Chapter 11 bankruptcy protection today in Texas early, according to a report from CNBC, […]
Hackers strike again. This time, their latest victim is The Guardian, a British daily newspaper founded about two centuries ago. Today, the Guardian confirmed its systems have been hit by a “serious IT incident,” which it believes is likely a ransomware […]
Karl Sebastian Greenwood, the co-founder of the $4 billion crypto pyramid scheme Onecoin, has pleaded guilty to money laundering and wire fraud charges, the U.S. Department of Justice (DOJ) said. He now faces up to 60 years in prison. Sebastian Greenwood […]
About two centuries since its inception, today’s computers still use integrated circuits or semiconductors (also known as chips) which are based on bits in the form of binary 1s and 0s. Integrated circuits are microchip wafers that contain millions of tiny […]
Is another trouble brewing in crypto land? That’s the question everyone is asking after the global accounting firm Mazars Group suddenly suspended all work with its crypto clients including Binance, Crypto.com, and KuCoin. The decision to cut ties with these leading […]
It has been four years since we last covered Orbs, a blockchain platform that serves as a decentralized execution layer between existing layer-1 and layer-2 chains and the application layer. Back then, Orbs raised $118 million to fund the development of its […]
Africa has seen an explosion in digital payments over the past five years, thanks to the penetration of smartphone devices on the continent. Research firm Statista estimates that the total value of e-commerce in Africa generated $16.5 billion in 2017 […]
Currently, the United States is suffering a shortage of both veterinarians and their vet techs. Adding this to the rising costs of pet care, one of the smartest things for pet parents to do is to focus on prevention. It’s […]
Back in September, we covered Animoca Brands after the crypto-gaming startup raised $110 million in funding to advance digital property rights for gaming and build the open metaverse. Three months prior, Animoca acquired TinyTap, a Tel Aviv, Israel-based tech startup that enables […]
Microsoft has acquired Lumenisity, a Southampton, England-based tech startup developing next-generation hollow core fiber (HCF) technology solutions primarily for data. The total amount of the deal was not disclosed. In a blog post on its website, Microsoft said the acquisition will help the […]
Celebrity video messaging service Cameo today announced it has partnered with Candle Media to launch Cameo Kids, a new service that enables parents and loved ones to book personalized Cameo videos for kids from their favorite family entertainment stars. The new Cameo service […]
