The last time we covered WeWork was back in March when the embattled co-working startup announced its plan to go public in a $9 billion SPAC deal after losing a whopping $3.2 billion in 2020. Then on October 21, WeWork […]
Late last year, we wrote about Tier Mobility after the Berlin, Germany-based e-scooter rental startup received a $250 million investment led by the Japanese giant SoftBank. The Series C funding round was also supported by additional funding existing investor Mubadala Capital alongside Northzone, Goodwater […]
The hunter has become the hunted. On Saturday, cybers hackers successfully hacked into the Federal Bureau of Investigation (FBI’s) email system on Saturday, using it to send over 100,000 fake emails warning of a possible cyberattack, according to a report […]
The tiny island of Taiwan currently accounts for 63% of the global semiconductor market share. So why are U.S. venture capital (VC) firms ramping up investments in Chinese semiconductor companies instead of Taiwan with a track record of chip manufacturing? Do […]
In June, self-driving truck tech startup Embark announced it was going public via a SPAC deal with Northern Genesis Acquisition Corp. II, a special purpose acquisition company, at a market capitalization of $5.2 billion. About five months later, Embark completed its SPAC merger and began […]
Imagine you want to go on a long ride on your electric scooter but are unsure of how long the battery charge will last. This is one of many challenges facing users of e-scooters around the world–getting enough juice to […]
With growing demands for electric vehicles across the globe, more charging points are needed to power millions of new electric vehicles that are going to hit the roads in years to come. That’s why charging platform ElectricPe is leading the […]
In early September, a federal judge ruled that Apple must allow third-party payments in its App Store and not force developers to in-app purchasing. Judge Yvonne Gonzalez Rogers said in a verdict of a closely-watched trial between Apple and Epic Games. But Apple […]
Just last week we wrote about China Evergrande after the troubled real estate giant sold in-wheel pioneer Protean to London-based EV tech startup Bedeo. Evergrande sold off some of its assets and subsidiary to pay off its $300 billion debt. Now Evangrande is no […]
Impact Biosystems today announced launches its debut product, PACT, the world’s first connected percussive massage system customized to the user’s muscle profile to give enable a more effective, personalized treatment for faster recovery. The Boston-based fitness recovery startup said the PACT system relieves […]
Late last month, Amazon quietly increased its stake in electric vehicle tech startup Rivian to 20%, bringing its total equity to $3.8 billion. The revelation came from quarterly filings with the Securities and Exchange Commission (SEC). The retail giant stated […]
Health tech startup Color Genomics announced Tuesday it has raised $100 million investment as investors continue to pour billions into the crowded digital health market. The announcement comes about ten months after the company raised $167 million in Series D funding to […]
Apple CEO Tim Cook said on Tuesday that he personally invested cryptocurrency. Cook made the revelation after he was asked at the DealBook Online Summit conference if he owns bitcoin or ethereum. “I do. I think it’s reasonable to own it […]
According to the latest estimates, Google controls a little more than 92% of the search engine market share worldwide, which includes 72% of the desktop market and 92% of the mobile search engine market. Google’s nearest competitor, Bing, only controls 2.5% of […]
Robinhood, the controversial commission-free stock trading app that blocked Reddit Army from trading Gamestop and AMC stocks back in April, has been hacked. In a blog post, Robinhood admitted that the fintech company suffered a “data security incident” on November 3rd […]
We covered UC Berkeley SkyDeck last week after the startup accelerator of the University of California at Berkeley admitted 20 tech startup companies from across the globe for its Batch 13 startup cohort, with each receiving $105,000 funding along with other benefits over the […]
In its Global Risks Report 2021, the World Economic Forum listed five top cybersecurity challenges. These are the increased complexity of cyber threats, fragmented and complex regulations, dependence on other parties, lack of cybersecurity expertise, and the difficulty in tracking cybercriminals. […]
Doing business in today’s global economy is riskier than ever. With cash flow being the lifeblood of most small businesses, unpaid invoices and a lack of cash on hand could force many companies to shut down and go out of […]
Artificial intelligence pioneer Andrew Ng is an adjunct professor at Stanford University Department of Computer Science and Department of Electrical Engineering and the brain behind the Google Brain research lab. In 2011, he co-founded Google Brain, a deep learning artificial intelligence […]
Less than 10 months after emerging from stealth, San Diego-based compliance and security automation startup Drata joins the coveted unicorn club after raising $100 million in Series B funding. The round, which was led by ICONIQ Growth, makes Drata one of the fastest SaaS companies […]
