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Coinbase to lay off around 1,000 employees as crypto contagion deepens
Nickie Louise Posted On January 10, 2023


Just a few days after Coinbase agreed to pay $100 million to settle with US regulators over anti-money-laundering law violations, the crypto exchange giant announced Tuesday that it will reduce its workforce by about 950 employees as part of the cost-cutting measures […]


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Microsoft in talks to invest $10 billion for 49% stake in ChatGPT owner, OpenAI
Nickie Louise Posted On January 10, 2023


Unless you’ve been living in a cave, you’ve definitely heard of ChatGPT, the best dialogue-based artificial intelligence chatbot ever released to the general public by OpenAI. However, Microsoft was one of the few companies that saw the potential in OpenAI before it became […]


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Flare (FLR) airdrops over 4 billion tokens to millions of recipients
Daniel Levi Posted On January 9, 2023


Flare, the Layer 1 oracle network, finally launches tonight with the distribution of over 4 billion tokens to millions of recipients. Flare announced it has successfully initiated its long-awaited token airdrop at 11:59 pm UTC on January 9th. According to the […]


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Top tech startup news for Monday, January 9, 2023: Ant Group, BlockFi, Microsoft, and Monogram Health
Nickie Louise Posted On January 9, 2023


Good evening! Below are some of the top tech startup news stories for today, Monday, January 9, 2023. Monogram Health closes $375 million in growth funding to support continued expansion Monogram Health, a Brentwood, Tennessee-based health tech startup that provides evidence-based, whole-person, in-home […]


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Microsoft acquires data center chip startup Fungible to power its Azure cloud platform using Fungible DPUs
Nickie Louise Posted On January 9, 2023


Microsoft today announced it has acquired Silicon Valley-based data center chip startup Fungible to bolster its Azure data center infrastructure using the Fungible data processing units (DPUs). However, Blocks and Files reported that the deal was valued at $190 million. Reports about […]


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China’s NetEase acquires Canadian tech startup SkyBox Labs, a gaming studio involved in major titles including Halo Infinite and Minecraft
Daniel Levi Posted On January 9, 2023


With funding drying up, deep-pocket companies are scooping up promising and high-growth tech startups before their IPOs. Earlier today, we wrote about Wolters Kluwer, an Alphen aan den Rijn, the Netherlands-based global that has acquired two startups in just a week. But Wolters […]


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Wolters Kluwer acquires US-based startup NurseTim to enhance portfolio of nursing education solutions
Nickie Louise Posted On January 9, 2023


Wolters Kluwer is on an acquisition spree. As we reported last week, The Netherlands-based company started the year with the acquisition of London-based tech startup Della AI to shore up its Legal & Regulatory software unit. Today, Wolters Kluwer Health announced it has […]


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Targeted ads are stalking you. Here’s how to avoid and stop targeted ads
Daniel Levi Posted On January 9, 2023


As you may recall, last week we wrote about Meta and Apple after the two tech giants were fined for breaking EU data rules with their targeted ads. Facebook’s Meta was fined over $400 million by the EU privacy regulator for […]


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January is already breaking tech layoff records as 18,392 tech workers lost their jobs in the first week of 2023
Nickie Louise Posted On January 9, 2023


The year is just getting started and large tech companies including Amazon, Salesforce, and Stitch Fix have already laid off 16,420 of their workers, according to Crunchbase. January 2023 became the second-largest layoff month since November 2022, when about 44,570 U.S. tech workers lost […]


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Microsoft releases VALL-E, a new text-to-speech model that can produce speech in any voice with just 3 seconds of training
Daniel Levi Posted On January 9, 2023


Text-to-speech (TTS) technology has come a long way since its early days over five decades ago. The first English text-to-speech system was invented by Japanese researcher Noriko Umeda at the Electrotechnical Laboratory in Japan in 1968 when he generated a computer […]


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Ant Group postpones its $37 billion IPO as founder Jack Ma gives up control in major revamp
Nickie Louise Posted On January 9, 2023


Ant Group, a Chinese fintech giant founded by Alibaba owner Jack Ma, said it does not have a plan for an initial public offering (IPO), Reuters reported, citing an emailed statement from the company. Ant Group’s $37 billion IPO, which would have […]


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Types of funding for startups
Daniel Levi Posted On January 8, 2023


Since our inception five years ago, we have covered thousands of startups that have raised billions in funding from angel investors, accelerators and incubators, and venture capital firms. Any founder would tell you that starting a new business venture can […]


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Top tech startup news for today, Friday, January 6, 2023: FTX, Mastercard, Mercedes-Benz, Polygon, Stitch Fix
Nickie Louise Posted On January 6, 2023


Good evening and happy Friday! It’s a super light news day so we’re not going to cover much ground today. With that, below are some of the top tech startup news stories for Friday, January 6, 2023. Mastercard launches web3-focused artist […]


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91% of cryptos from 2014 have died, while Bitcoin lost over 75% of its value from its peak of $69,000 in Nov. 2021
Daniel Levi Posted On January 6, 2023


The crypto market has lost over $2.1 trillion from its peak of over $3 trillion when Bitcoin hit an all-time high of $69,000 in November 2021. There is also no sign recovery is in sight anytime soon as weary investors […]


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BioTech  / Featured  / Startup Funding  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Biotech startup Perceive Bio closes $78M in Series B funding led by Johnson & Johnson to prevent the largest causes of irreversible blindness
Nickie Louise Posted On January 6, 2023


TL;DR Perceive Biotherapeutics, a Silicon Valley biotech tech startup focused on technologies and therapeutics in ophthalmology, has raised $78M in Series B funding led by Johnson & Johnson Innovation. Using decades of academic research, Perceive Biotherapeutics uses novel therapeutics to prevent the largest […]


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Featured  / Layoff  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Stitch Fix to fire 20% of its employees as CEO steps down
Nickie Louise Posted On January 6, 2023


Tech layoffs continue unabated as a slew of big tech companies — ranging from Facebook’s Meta to Twitter— are letting employees go due to the ongoing recession and global economic slowdown. Stitch Fix is the latest to join the layoff phenomenon after the […]


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Crypto exchange Huobi to lay off 20% of staff as crypto winter worsens
Nickie Louise Posted On January 6, 2023


Just like an angel of death knocking at the door of every crypto company, crypto winter has come for Huobi. The crypto exchange is laying off 20% of its staff, Reuters reported Friday. The layoff is the latest sign of deep […]


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Cybersecurity  / Hacking  / Security  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Top tech startup news for today, Thursday, January 5, 2023: Amazon, BMW, EVgo, Forj, Genesis, and Twitter
Daniel Levi Posted On January 5, 2023


Good evening! Below are some of the top tech startup news stories for Thursday, January 5, 2023. Twitter hacked, 235 million user email addresses leaked, researcher says Late last year, a hacker by the name ‘Ryushi’ demanded Twitter pay a […]


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Forj lands $15M in funding to help communities grow their membership; announces merger
Nickie Louise Posted On January 5, 2023


Building and growing an online community can be challenging and time-consuming. You not only have to understand the needs of your community members, but you also have to think about community engagement, management, and a slew of other things to grow […]


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Amazon’s Alexa will soon help EV drivers find and pay for charging, thanks to partnership with EVgo
Daniel Levi Posted On January 5, 2023


TL;DR EVgo,  one of the largest U.S. charging networks, teams up with Amazon to let EV drivers locate and pay for charging with Alexa EV drivers will soon be able to find and navigate to charging stations while on the […]


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