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Vice is preparing to file for bankruptcy just 2 weeks after Buzzfeed News shuttered
Daniel Levi Posted On May 2, 2023


First, it was BuzzFeed News, now Vice is reportedly preparing to file its own bankruptcy. The New York Times reported late yesterday that Vice Media Group, the parent company of media websites Vice and Motherboard, is on the verge of […]


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Alibaba founder Jack Ma is now a college professor in Japan
Nickie Louise Posted On May 2, 2023


Jack Ma, the billionaire co-founder of Alibaba who vanished from the public eye in 2020, has recently accepted a teaching position in Japan. This marks one of the first public positions he has undertaken since his abrupt disappearance from the […]


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Top tech startup news for Monday, May 1, 2023: Bluesky, Campus, Getir, HubSync, IBM, and TIER Mobility
Nickie Louise Posted On May 1, 2023


Good evening! Below are some of the top tech startup news stories for Monday, May 1, 2023. Berlin-based e-scooter operator TIER Mobility is in merger and acquisition talks Berlin-based e-scooter operator TIER Mobility is reported in talks for a potential […]


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IBM plans to replace 7,800 jobs with AI and pause hiring
Daniel Levi Posted On May 1, 2023


International Business Machines Corp (IBM) said today that thousands of jobs within the company are going to be replaced by AI and automation in the next few years. In an interview with Bloomberg on Monday, CEO Arvind Krishna told the […]


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HubSync closes Series A funding to simplify and automate tax and accounting processes for CPA firms
Daniel Levi Posted On May 1, 2023


The market size of the Accounting Services industry, measured by revenue, is valued at $144.5 billion in 2023. And yet, the CPA profession, which makes up a large portion of this industry, has been struggling with fragmentation and inefficiency when […]


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EdTech startup Campus.edu raises $29M in funding to provide an online alternative to traditional community college
Nickie Louise Posted On May 1, 2023


For over a century, obtaining a four-year college degree has been hailed as an effective means of achieving the American dream. However, the rising cost of tuition has now exceeded the average household income. This has resulted in students acquiring […]


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Lyft to lay off 1,072 workers or 26% of its workforce, just a month after the founders stepped down
Daniel Levi Posted On May 1, 2023


Lyft is the latest to join the layoff trend. The ride-hailing app giant is laying off 1,072 employees, or about 26% of its corporate workforce, the company said in an SEC filing Thursday. Lyft also added that it won’t hire […]


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Turkish grocery delivery startup Getir in talks to acquire German rival Flink
Nickie Louise Posted On May 1, 2023


Turkish delivery app startup Getir is in talks to take over money-losing German rival Flink, the Financial Times reported on Monday. The move comes as consolidation continues to gain momentum in one of Europe’s food delivery sector most thriving sectors […]


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How Fintech Startups Are Revolutionizing the Financial Industry
Nickie Louise Posted On April 28, 2023


With the ever-growing application and implementation of digital technologies in almost every industry in the world, the financial industry, being an important player in the running of every other industry is always at the forefront of adopting innovations in digital […]


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Findora launches triple masking ZK SDK, a simple plug-and-play privacy & auditability for Dapps
Nickie Louise Posted On April 28, 2023


Findora, a decentralized financial network designed to enable secure and confidential financial transactions, today announced the launch of the Findora Triple Masking SDK, a universal privacy-preserving solution set for Web3. The Findora Triple Masking SDK offers developers an easy means […]


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Clubhouse, a social audio platform startup valued at $4 billion a year ago, is laying off half of its staff
Daniel Levi Posted On April 28, 2023


“Today we announced that we’re scaling back our org by over 50% and saying goodbye to many talented, dedicated teammates in the process. We’re deeply sorry to be doing this, and we would not be making this change if we […]


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Federal court ordered fugitive CEO to pay $3.4 billion in the largest-ever Bitcoin fraud case
Nickie Louise Posted On April 28, 2023


A US federal judge has ordered the executive of a South African forex firm to pay more than $3.4 billion in fines and restitution for a bitcoin fraud scheme that the U.S. commodities regulator said was its largest-ever fraud case […]


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Top tech startup news for Thursday, April 27, 2023: Ansa, Dropbox, Energy Dome, iLearningEngines, Intel, and Replit
Nickie Louise Posted On April 27, 2023


Good evening! Below are some of the top tech startup news stories for Thursday, April 27, 2023.   Intel posts biggest quarterly loss in company history as PC sales drop and chip wars intensify Is the Intel era coming to […]


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GitHub Copilot competitor Replit raises $100 million in funding as investors bet big on generative AI
Daniel Levi Posted On April 27, 2023


The sudden success of OpenAI ChatGPT has led to a surge in the flow of investment into generative artificial intelligence (AI) as investors pour billions of dollars into promising AI startups. The latest is Replit, a San Francisco-based generative AI […]


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Learning automation startup iLearningEngines to go public in a $1.4 billion SPAC deal
Nickie Louise Posted On April 27, 2023


SPAC is back! After many months of a massive slowdown in SPAC activity slowdown, it appears the space is slowly regaining its footing. Today, Bethesda, Maryland-based iLearningEngines announced it has agreed to public via a merger with blank check company […]


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Searches for ‘delete Snapchat’ explode 488% as controversial My AI feature is introduced to every account
Nickie Louise Posted On April 27, 2023


With the popularity of ChatGPT on the rise, Snapchat this week launched its own AI chatbot that is powered by OpenAI’s GPT technology, the same technology that is being integrated into Microsoft’s Bing search engine. However, the launch was met with […]


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Dropbox to lay off 16% of its global workforce, hire new talent to develop AI offerings
Nickie Louise Posted On April 27, 2023


Cloud storage provider Dropbox becomes the latest tech company to let go of its employees. The San Francisco, California-based Dropbox announced today its plans to reduce its global workforce by 16% as part of the cut-cutting measures caused by slowing […]


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Ansa emerges from stealth with $5.4M in funding to help merchants create virtual wallets for customers
Daniel Levi Posted On April 27, 2023


In the US, credit and debit cards make up 57 percent of consumer payments. But the true costs of processing payments to merchants remain hidden from the average consumer. Card fees, particularly for small transactions, can account for more than […]


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Italian climate startup Energy Dome raises $44M to develop CO2 battery for renewable energy storage
Nickie Louise Posted On April 27, 2023


Italian climate startup Energy Dome has secured €40 million (~$44M) in Series B funding, co-led by Eni Next, the venture capital arm of Italian energy company Eni, and Neva SGR, a venture capital firm owned by European banking group Intesa […]


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Top tech startup news for Wednesday, April 26, 2023: Axoni, First Republic Bank, GM, Microsoft, and Relay
Daniel Levi Posted On April 26, 2023


Good evening! Below are some of the top tech startup news stories for Wednesday, April 26, 2023.   General Motors to stop making its best-selling electric vehicle Chevy Bolt Just like that, General Motors’ most popular electric car is on […]


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