Amazon said Wednesday that it will lay off more than 18,000 employees, a bigger number than the retail giant announced back in December when the New York Times reported the company was cutting 10,000 jobs. The news is a further indicator […]
We’re all well aware of misinformation and fake news. But who would have thought of misinformation in cyber intelligence? For decades, cyber-defense systems have been used to automatically ingest Cyber Threat Intelligence (CTI) that contains semi-structured data or text to populate […]
Good evening! Below are some of the top tech startup news stories for Wednesday, January 4, 2023. Sports platform Fanatics divests 60% stake in NFT company Candy Digital Fanatics, a sports platform founded by Michael Rubin, is divesting its 60% stake in NFT […]
Coinbase is making headlines again but not for the reasons the U.S.-based crypto exchange would like. Today, Coinbase Global has reached a $100 million settlement with New York’s Department of Financial Services (DFS), the exchange and the regulator said in statements […]
Headlines are filled with stories of businesses and organizations falling victim to data breaches. Data breaches have been on the rise for a number of years, and sadly, 2022 has been littered with thefts of sensitive information, affecting companies and […]
“We hired too many people leading into this economic downturn we’re now facing.” Salesforce announced Wednesday it is laying off 10 percent of its over 70,000 employees. In a filing with the Securities and Exchange Commission (SEC), Salesforce said it plans to reduce […]
Nexus Circular, an Atlanta-based waste management and energy production company, has raised $150 million in equity funding led by Cox Enterprises. The latest financing will enable Nexus to build additional capacity to serve its expanding customer base and meet the outsized […]
Tech giant Microsoft Corp is in advanced talks to invest in San Francisco, California-based startup Gatik, Reuters reported, citing two people familiar with the discussions. The investment is part of Microsoft’s cloud partnership with autonomous middle-mile logistics startup. According to the report, Microsoft […]
Are you tired of scouring tech hubs and major cities for top tech talent, only to come up empty-handed or face fierce competition for the few diamonds in the rough you do find? It’s a tough market out there, and […]
Good evening! Below are some of the top tech startup news stories for Tuesday, January 3, 2023. Apple’s market cap falls under $2 trillion for the first time since May 2022 After briefly hitting a $3 trillion valuation in January […]
ByteDance, the parent company of the popular video app TikTok, is the latest in a series of companies to announce layoffs amid recession anxiety and global slowdown. ByteDance laid off hundreds of staff in December last year, according to a Tuesday report […]
Great companies are made during a recession, so the saying goes. When we look back at major recessions throughout history, we found that some of today’s best-known US companies like FedEx, Microsoft, Hewlett-Packard, and Walt Disney, got their early starts during past […]
Back in November, India-based startup global web3 game discovery and wallet app Glip landed $2.5 million in funding led by Hashed Emergent with participation from Beenext and existing investor Prime Venture Partners with the goal of bringing millions of gamers to web3. […]
Solana was once touted as an Ethereum killer, in part because of its eco-friendlier approach, high scalability, lower cost, and faster transaction speeds. But 2022 turned out to be the worst year for the one darling of the “Proof of […]
Elon Musk’s space company SpaceX is raising $750 million in a new round of funding that values the company at $137 billion, CNBC reported late Monday. The announcement comes just three days after the SpaceX Falcon team achieved a major milestone […]
Happy New Year! It’s been a while since we last covered the top startup news of the day. We listened closely to you and overwhelmingly, a majority of you want us to resume the series. What better time to resume […]
Happy New Year! Last year, ChatGPT dominated the news, sparking a flurry of excitement and infinite possibilities as over a million users signed up for the new OpenAI’s dialogue-based AI chatbot that does almost everything—from writing codes, and telling stories […]
The co-founder and Chief Technology Officer of Indian food delivery startup Zomato Gunjan Patidar has resigned, the latest in a series of top-level executive exits to leave the 12-year-old startup. Patidar’s exit comes just two months after another co-founder, Mohit Gupta, resigned from […]
2022 is finally drawing to a close. This year is probably one of the worse years we’ve seen in decades. In the last 12 months, we saw the worst inflation in 40 years, economic downturn, global uncertainties, recession, and war. […]
With just one day left in 2022, Madrid-based Wolters Kluwer is ending the year with a bang. Today, Wolters Kluwer Legal & Regulatory, the global provider of information services, legal solutions, and consulting for companies, announced it has acquired Della AI, bringing the four-year-old startup […]
