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Jeff Bezos’ Blue Origin wins NASA contract to build astronaut lunar lander
Nickie Louise Posted On May 19, 2023


Jeff Bezos’ space company, Blue Origin, has won the highly-coveted NASA contract to build a spacecraft that will send astronauts to and from the moon’s surface. In an announcement on Friday, NASA’s chief said that a team led by Blue […]


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From Shopify to global enterprise: The 5 biggest companies that began as a Shopify dropshipping store
Nickie Louise Posted On May 19, 2023


In today’s world, the opportunities to embark on a path of entrepreneurial success are boundless. When it comes to lucrative ventures, e-commerce, and drop shipping reign supreme, thanks to the remarkable growth of platforms like Shopify. These websites have revolutionized the […]


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Electric Car  / Electric Vehicles  / Energy  / Environment  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Chinese EV maker Nio invests $142 million in nuclear fusion startup Neo Fusion
Nickie Louise Posted On May 19, 2023


Despite billions of dollars being poured into generative AI startups following the recent success of ChatGPT, investors are slowly warming up to nuclear fusion startups as the technology shows increasing promise. Last week, we wrote about Helion after Microsoft agreed […]


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George Soros lost millions in his investment in electric truck startup Rivian; reduces stake after 90% drop from peak
Daniel Levi Posted On May 18, 2023


Early last year, we wrote about Billionaire investor George Soros after he bought nearly 20 million shares of electric truck startup Rivian Automotive in December 2021. According to the SEC filings, Soros bought nearly 20 million (a total of 19,835,761) […]


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OpenAI launches ChatGPT app for iOS that accepts voice prompts, Android coming soon
Nickie Louise Posted On May 18, 2023


OpenAI, the company behind the ChatGPT chatbot, has launched a ChatGPT app for Apple’s iOS. In an announcement on Thursday, OpenAI s CTO Mira Murati said that an Android version is coming soon. The new iPhone app, which is the […]


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SoftBank to invest $150M in Black and Latino startups; rebrands its second fund to Open Opportunity Fund
Nickie Louise Posted On May 18, 2023


In June 2020 we wrote about SoftBank Group after the Japanese conglomerate launched a $100 million fund called the “Opportunity Growth Fund” to invest in Black and Latino-led startups. The fund was part of the firm’s effort to improve diversity […]


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“Qualcomm spies on smartphone users, sends personal data to Qualcomm,” German security firm Nitrokey warns
Daniel Levi Posted On May 18, 2023


“During our security research, we found that smartphones with Qualcomm chips secretly send personal data to Qualcomm.” In 2021, Edward Snowden, a former NSA whistleblower, issued a warning regarding national security. He said that “the greatest danger to national security […]


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JPMorgan and Barclays back a $110M investment in German InsurTech startup Wefox at $4.5 billion valuation
Nickie Louise Posted On May 18, 2023


Wefox, a Berlin, Germany-based insure tech startup, has closed $110 million in a new round of funding from existing investors including JPMorgan and Barclays. In an announcement on Wednesday, Wefox said that $55 million of the total amount raised came […]


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Disgraced Theranos founder Elizabeth Holmes to arrive at prison on May 30 to begin her 11-year sentence
Nickie Louise Posted On May 18, 2023


Disgraced founder and former Theranos CEO Elizabeth Holmes is finally heading to prison after her unsuccessful attempt to avoid incarceration. The U.S. District Judge ruled that must report to prison on May 30. Holmes was convicted of running a years-long […]


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ServiceNow’s venture arm to invest $1B in enterprise software startups with focus on AI & Automation
Daniel Levi Posted On May 17, 2023


In early 2020, we wrote about ServiceNow after the cloud-computing firm acquired conversational artificial intelligence (AI) platform startup Passage AI to advance its deep-learning AI capabilities. At the time, ServiceNow said the acquisition will accelerate its vision of supporting all major […]


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A Texas A&M professor failed over half of his students after ChatGPT falsely claimed it wrote their papers
Daniel Levi Posted On May 17, 2023


Welcome to the wild world of Artificial Intelligence (AI). The launch of ChatGPT in late 2022 has ushered in a new era of AI, along with the good, bad, and ugly. Recently, students at Texas A&M University gasped in horror […]


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Tether buys $222 million worth of bitcoin to back the world’s largest stablecoin, USDT
Daniel Levi Posted On May 17, 2023


Tether, a cryptocurrency startup plagued with scandals and government investigations, said on Wednesday that it’s going to buy hundreds of millions of dollars worth of bitcoin to back its USDT stablecoin. In an announcement, Tether said it would invest 15 […]


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Bitpanda-backed Pantos launches public beta of its Multichain Token Creator
Nickie Louise Posted On May 17, 2023


Pantos, a multichain token system backed by the Austrian crypto exchange Bitpanda, today announced the public release of the Multichain Token Creator, an easy-to-use web app that enables users to deploy tokens on multiple blockchains. Before now, developers, users, and […]


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Ripple acquires Switzerland-based crypto custody startup Metaco for $250 million
Nickie Louise Posted On May 17, 2023


Ripple, a crypto startup best known for its cryptocurrency XRP, has acquired Switzerland-based crypto custody startup Metaco in a deal valued at $250 million, making it the company’s first major acquisition. In an announcement on Tuesday, Ripple said that the […]


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Coinbase pauses withdrawals of Ethereum staking rewards for up to 3 days
Daniel Levi Posted On May 16, 2023


Crypto exchange Coinbase has paused the withdrawals of Ethereum staking rewards for up to three days. According to multiple posts on Twitter, Coinbase has temporarily “halted the distribution of Ethereum staking rewards as a result of a technical problem.” In […]


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iDEAL Semiconductor raises $40M to develop cheaper and energy-efficient power chips for electric cars
Nickie Louise Posted On May 16, 2023


The widespread adoption of electric power in various sectors has placed significant demands on the energy infrastructure grid. This necessitates the development of cleaner energy generation methods as well as the implementation of greener practices to ensure sustainable energy usage. […]


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Cosmic Aerospace raises $1.5 in funding to develop an electric plane with over 600 miles range
Nickie Louise Posted On May 16, 2023


In our collective efforts to reduce our dependency on fossil fuels, companies like Tesla and a multitude of other innovative tech startup companies have made remarkable progress in the development of electric vehicle technology for electric cars and trucks. In recent […]


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The SEC will soon bring enforcement action against Coinbase similar to Bittrex and Kraken, Berenberg says
Daniel Levi Posted On May 16, 2023


The Securities and Exchange Commission (SEC) will soon bring an enforcement action against Coinbase (COIN) and this action is likely to mirror those that the regulator brought against rival crypto exchanges Bittrex and Kraken, CoinDesk reported, citing a Monday research […]


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Zoom invests in AI startup Anthropic to evolve its AI smart companion called Zoom IQ
Nickie Louise Posted On May 16, 2023


Zoom, the popular video-conferencing platform, said on Tuesday it has invested an undisclosed amount in AI startup Anthropic to integrate the artificial intelligence start-up’s technology into its AI smart companion called ZoomIQ. The move is part of Zoom to bolster […]


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FinTech startup Tipalti lands $150M in growth funding from JPMorgan Chase Bank and Hercules Capital
Nickie Louise Posted On May 16, 2023


Tipalti, a global payables automation platform and the developer of payments and compliance technology, has secured $150 million in growth financing from JPMorgan Chase Bank and Hercules Capital. The latest round brings the company’s total funding to over $550 million. […]


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