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Binance U.S. clients are at “significant risk” of losing $2.2 billion unless a freezing order is in put place, SEC says
Daniel Levi Posted On June 7, 2023


The situation with Binance is getting dire by the day. Just less than 48 hours after the U.S. Securities and Exchange Commission (SEC) charged Binance and founder CZ with securities law violations, federal regulators are now raising other concerns that […]


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GetHarley secures $52M in funding to revolutionize the medical aesthetic industry
Nickie Louise Posted On June 7, 2023


Many of us struggle with skin problems and often feel lost when it comes to finding solutions. We might long for access to top-tier skincare specialists like the ones who work with celebrities like Meghan Markle. However, they are usually […]


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Chindata goes private after a $3 billion acquisition deal with PE firm Bain Capital
Nickie Louise Posted On June 7, 2023


Chinese data center operator Chindata Group announced on Wednesday that it has received an offer from investor Bain Capital to take the company private. The proposed deal values the company at nearly $2.93 billion. Following this news, Chindata’s shares, which have […]


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Reddit to lay off about 5% of its workforce as tech job cuts top 200,000
Nickie Louise Posted On June 6, 2023


Social aggregation site Reddit announced Tuesday it is laying off about 5% of its workforce, or 90 employees, joining a list of other tech giants that have frozen hiring across the globe. The Wall Street Journal first reported the layoff news […]


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Linda Yaccarino begins her role as the new Twitter CEO
Nickie Louise Posted On June 6, 2023


Former NBCUniversal executive Linda Yaccarino formally joined Twitter as the company’s new CEO. After starting her new role on Monday, Ms. Yaccarino went on LinkedIn to update her bio. Yaccarino, formerly in charge of global advertising at NBCUniversal, expressed her […]


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Venture firm Sequoia Capital to split into 3 parts: U.S. and Europe, China, and Southeast Asia and India
Daniel Levi Posted On June 6, 2023


Sequoia Capital, one of the world’s leading venture firms, is reorganizing its global business into three distinct geographic units. In a recent announcement to its investors on Tuesday morning, Sequoia Capital said it is dividing its global business into three independent […]


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SEC sues Coinbase for illegally operating as unregistered securities exchange, one day after suing Binance
Nickie Louise Posted On June 6, 2023


Just less than 24 hours after the U.S. Securities and Exchange Commission (SEC) charged Binance and its founder CZ with securities law violations, the US regulator is now coming after the second largest crypto exchange “with operating its crypto asset […]


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Crypto exchange Binance hit by outflows of almost $1 billion in last 24 hours
Nickie Louise Posted On June 6, 2023


Crypto Investors have withdrawn around $780 million from the world’s biggest crypto exchange Binance in the last 24 hours, according to data firm Nansen. The news comes just a day after Binance was sued by the U.S. Securities and Exchange […]


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Apple ushers in a new era of VR with the launch of its mixed reality headset Vision Pro for $3,499
Nickie Louise Posted On June 5, 2023


Move over, Oculus. After many months of speculations, Apple has now entered the world of XR which includes augmented reality (AR), virtual reality (VR), and mixed reality (MR). Apple on Monday unveiled its MR headset at its 2023 Worldwide Developers […]


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The SEC charges Binance and founder CZ with securities law violations; crypto market tumbles
Nickie Louise Posted On June 5, 2023


The U.S. Securities and Exchange Commission (SEC) has filed 13 charges against the world’s largest crypto exchange Binance and its founder with violations of securities laws. Major cryptocurrencies and shares in crypto and blockchain-related companies tumbled on Monday immediately after […]


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BlackRock CEO: “At BlackRock we are forcing behaviors… you have to force behaviors”
Daniel Levi Posted On June 5, 2023


It has been called the “fourth branch of government.” There’s a good chance you have never heard of BlackRock, the world’s most influential financial company with $9 trillion in assets under management as of June 2021. That’s more than the gross domestic product of […]


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Richard Teng takes key role to replace co-founder CZ as the new CEO of Binance
Nickie Louise Posted On June 5, 2023


A big leadership change is taking place at the world’s largest crypto exchange Binance. Richard Teng, Binance’s rising star and head of regional markets outside the US, has taken a role to replace CEO Zhao, according to media reports. CoinDesk […]


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Biotech startup Sensydia secures $3M in NIH funding grant to revolutionize heart disease screening
Nickie Louise Posted On June 5, 2023


Heart disease is the leading cause of death among people of all racial and ethnic groups in the United States. According to the Centers for Disease Control and Prevention (CDC), one person dies every 36 seconds in the United States […]


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Spotify lays off 2% of its workforce as tech job losses continue
Nickie Louise Posted On June 5, 2023


Spotify is the latest tech company to lay off staff as tech companies battle with the global economic slowdown. Spotify announced on Monday that it’s laying off roughly 200 employees, or about 2% of its-person workforce, as part of what […]


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Scientists reverse diabetes in mice by hacking human cells to make insulin
Daniel Levi Posted On June 5, 2023


In an exciting breakthrough, scientists from Weill Cornell Medicine in New York have successfully repurposed human stomach cells, turning them into insulin-releasing tissues that respond to elevated blood sugar levels. This discovery holds great potential for enabling individuals, especially those […]


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AngelBlock Revamps Its Startup Grant Program For Early-Stage Crypto Projects
Daniel Levi Posted On June 5, 2023


Web3 fundraising platform AngelBlock has announced the relaunch of its startup grant program, offering new projects the tantalizing prospect of up to $15,000 in its native token $THOL.  The relaunch of the program was timed to coincide with the launch […]


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Spanish startup Jeff Jeff.com files for bankruptcy after failing to secure a €90 million round, hasn’t paid employees in 9 months
Nickie Louise Posted On June 2, 2023


Jeff.com, a Spanish tech startup that provides entrepreneurs with a tech platform to run businesses with a mobile application to connect with customers, has filed for voluntary bankruptcy, according to a report first reported by Jesus Martinez at La Información. Per […]


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NestAway, an Indian PropTech startup once valued at over $225 million, sells itself for just $11 million
Nickie Louise Posted On June 2, 2023


Technology startups are currently facing challenging times due to the ongoing global economic slowdown, rising interest rates, and geopolitical risks. These headwinds have created a difficult environment for the growth and sustainability of tech startups. Furthermore, the first quarter of […]


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MOVEit hacked: Hackers exploited zero-day vulnerability in popular file transfer tool to steal data from organizations, researchers say
Daniel Levi Posted On June 2, 2023


Progress Software’s MOVEit has fallen victim to a recently discovered zero-day vulnerability after hackers exploited the flaw in the popular file transfer tool to steal critical data from various organizations, U.S. security researchers said on Thursday. The news came just […]


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Google leads a $36M investment in Indian satellite imaging startup Pixxel
Nickie Louise Posted On June 1, 2023


Pixxel, a Bengaluru, India-based Pixxel satellite-image startup, announced Thursday it has secured $36 million in funding led by Alphabet’s Google, a new investor for the company. The startup did not specify the exact amount Google had invested in the company. […]


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