SoftBank Group announced a quarterly loss of $5.2 billion on Thursday, marking its fourth consecutive quarter in the negative. The Japanese conglomerate took a hit due to the fallout from the bankruptcy of WeWork, once one of its highest-flying investments. […]
Fostering creativity and critical thinking is crucial in aiding early childhood development. Studies have also shown the significance of learning and entertainment apps for young children, showing their immense value in enhancing creativity, nurturing critical thinking, and supporting early development. […]
Political ads generated by artificial intelligence won’t be making their way onto Facebook and Instagram, all thanks to a new policy introduced by Meta Platforms, the parent company of Facebook. Meta announced on Wednesday that starting in 2024, advertisers will […]
With the well of venture funding running dry due to the global economic downturn, tech startups are battling for their existence. Unfortunately, some buckle under the pressure and eventually have to close their operations and go out of business. One […]
In the realm of video storytelling, video editing is the art of transforming raw footage into compelling stories that captivate and engage viewers. However, this creative process comes with its own set of challenges, a delicate balance between cutting-edge technology […]
ChatGPT is down. The popular OpenAI chatbot tool has experienced a significant outage, leaving both subscribers and free users unable to access the platform. The issue, which began earlier this morning, has impacted users worldwide, according to OpenAI’s status monitoring […]
Cercle, a new artificial intelligence (AI) health tech startup, today announced its official launch to advance women’s healthcare, with emphasis on fertility care, an area that historically lacks sufficient funding and research. In addition to the launch, Cercle also announced […]
Enable, a startup that sells rebate software to trading partners, has secured $120 million in Series D funding to accelerate the growth of its rebate management platform, the company said on Tuesday. The round was led by Lightspeed Venture Partners, […]
As the global population surpasses 7 billion, the pressing demand for sustainable food production to mitigate the impact of climate change becomes more evident. At the same time, farmers are facing mounting obstacles to meet present needs while safeguarding the […]
Chinese online fashion retailer Shein is reportedly eyeing a massive valuation of up to $90 billion for a potential initial public offering (IPO) in the United States. This ambitious target significantly exceeds its current private market valuation, which falls between […]
In recent years, the demand for solar energy has soared as more people shift towards clean, renewable energy sources to combat climate change. At the same time, this surge has led to a rise in solar panel installers, who are […]
WeWork, the once-celebrated co-working unicorn startup, filed for Chapter 11 bankruptcy protection in New Jersey following years of struggles that started with a failed IPO in 2019. A company spokesperson said that approximately 92% of its lenders had consented to convert […]
Acquire.com, formerly known as Microacquire.com, is a global marketplace for entrepreneurs and startup founders looking to buy and sell businesses worldwide. In October 2022, the startup rebranded itself, adopting the new name after purchasing Acquire.com for $200,000, founder and CEO […]
Klarna, Europe’s buy now, pay later (BNPL) fintech startup with a $6.7 billion valuation, has initiated the process for its highly-anticipated initial public offering (IPO). The Stockholm, Sweden-based Klarna has initiated a legal entity restructuring to establish a new holding […]
Dating app company Bumble announced on Tuesday that its founder Whitney Wolfe Herd would be stepping down from her role as chief executive, passing the reins to experienced tech and business executive Lidiane Jones. Wolfe Herd is the second key […]
Intuit, the financial software company renowned for TurboTax and QuickBooks, is shutting down Mint, a popular personal finance app with 3.6 million active monthly users. Acquired by Intuit in 2009 for $170 million, Mint is scheduled to be shut down […]
Elon Musk’s AI company xAI has launched an AI chatbot called Grok. Musk revealed his latest innovation on Sunday, saying that Grok will possess a “rebellious streak” and bring a sense of humor and sarcasm, which sets it apart from […]
It appears that Okta’s persistent security problem is not going away anytime soon. The identity and authentication management provider was recently hit by another breach. This time, hackers breached a third-party vendor which led to the theft of personal information belonging […]
In 2021, Damon Chen quit his stable eight-year job at Cisco to chase his passion for entrepreneurship, hoping to create a better life for himself. He ventured into the world of SaaS by starting four projects, all of which unfortunately […]
Elon Musk’s artificial intelligence startup xAI will release its first AI model to a limited group tomorrow Saturday, November 4, the billionaire and Tesla CEO said on Friday. The news comes four months after Musk announced the launch of xAI […]
