As competition heats up in micro-mobility space, Ford Motor Company has decided to sell its e-scooter unit Spin, to Softbank-backed European rival Tier in exchange for equity. Ford said in a statement that the merger will provide the scale that’s “desperately […]
Fanatics, a Jacksonville, Florida-based sports merchandise retailer that manufactures fan gear and jerseys across retail channels, has raised a massive $1.5 billion in new financing, valuing the sports platform at $27 billion. The announcement comes a little over a month after Fanatics purchased […]
Before the pandemic started 2 years ago, the idea of remote work was gaining steam as more employees work from home. There were even several tech companies with no fixed geographic location. The pandemic has now accelerated it as more and […]
Smartphones, tablets, and computer screens emit blue light, causing headaches, blurred vision, fatigue, and dry eyes. Blue light can also negatively affect your sleep hormones. With screen time rising due to the pandemic, harmful blue light is having a huge impact […]
There’s a new decentralized exchange in the crypto trading space called Dexalot and it’s making waves for its unique trading model, based on a central limit order book (CLOB), as opposed to an automated market maker like most other DEXs. […]
Back in 2020, we wrote about Kola Superdeep Borehole, the world’s deepest manmade hole ever dug. Located in Murmansk Oblast, Russia, the remote region of the Russian Arctic, the Kola hole reaches approximately 7.5 miles (12 kilometers) below the Earth’s surface and yet still only reaches […]
AdaSwap, an ecosystem builder that will establish one of the first DeFi protocols on the Cardano network, has announced today that it has raised $2.6 million in a round of funding led by iAngels. Shima Capital, Pluto Digital, GBV, Stardust, […]
Aussie payments startup Zeller announced today it has reached a valuation north of A$1 billion dollars following a $72.8 million (A$100M) Series B fundraising round. This raise makes them the fastest Aussie fintech to reach a $1B valuation also making Zeller a […]
About a decade ago, governments and companies used to spend millions of dollars on large satellites the size of a garbage truck. Some of these satellites cost as much as $400 million. Now, satellites are no larger than a microwave or […]
Netflix has cratered since the streaming giant announced it only expects to add just 2.5 million users in the current quarter–the number is well short of Wall Street expectations. Since early 2020 when Disney announced its Disney+ streaming service, Netflix has […]
Do you know that an estimated 30% of knowledge workers’ time is wasted on administrative tasks? Now, small and big enterprises alike are seeking new ways to reduce waste and become more productive. That’s why this tech startup has made […]
In 2020, the global B2B e-commerce market size was valued at USD 6.64 trillion and is expected to reach $18.57 trillion by 2026, according to data by Facts and Factor. For a market of this size, reaching potential customers is […]
The U.S. Consumer Product Safety Commission (CPSC) reported this morning that Google-owned Fitbit is recalling 1.7 million of its Ionic smartwatches due to a burn hazard. About 1 million of these smartwatches were sold in the U.S. with an additional 693,000 […]
With the popularity of NFTs, interest in blockchain games has grown in recent months. The sudden success of the Play to Earn game has also caught the interest of users in the gaming and crypto space. The growth has led the […]
In the past five days, the Ukrainian government and NGOs have raised over $20.9 million through more than 23,000 crypto asset donations since the start of the Russian invasion. During the same period, the price of bitcoin also jumped from about […]
The value of the dollar has been falling since the US Federal Reserve turned on its money printer. In fact, 80 percent of all US dollars in existence were printed in the last 22 months. This has accelerated the adoption […]
As online marketplaces boom, fraudsters are taking advantage of outdated fraud-prevention systems that weren’t developed to manage the sales of FinTech products, crypto, NFTs, and other virtual goods. For digital goods, such as gift cards, gaming, crypto, financial services, and […]
As you may recall, we reported back in October 2021 after the Peter Thiel-backed mobile bank startup N26 raised over $900 million in funding, tripling its valuation to more than $9 billion in just one year. Fast forward four months […]
As the ongoing tensions between Russia and Ukraine reach a new level, the head of the Russian space agency Dimitry Rogozin warned last week that the International Space Station (ISS) is at risk of deorbiting and crashing if cooperation between the […]
In May 2021, we covered Bitconnect after the U.S. Security Exchange Commission (SEC) charged five individuals involved in the crypto exchange startup of a Ponzi Scheme, alleging that they promoted a global unregistered digital asset securities offering that raised over $2 billion […]
