November 30, 2024
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FTX founder Sam Bankman-Fried sentenced to 25 years in prison for crypto fraud; to forfeit more than $11 billion
Nickie Louise Posted On March 28, 2024


“I’m sorry about that. I’m sorry about what happened at every stage.” In a dramatic turn of events, Sam Bankman-Fried, the once-revered entrepreneur behind the bankrupt FTX cryptocurrency exchange, has been sentenced to 25 years in prison by Judge Lewis […]


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Amazon invests another $2.75 billion in AI startup Anthropic, its largest venture investment to date
Nickie Louise Posted On March 28, 2024


In a strategic move aimed at maintaining its dominance in the rapidly evolving landscape of artificial intelligence (AI), Amazon announced it is investing an additional $2.75 billion into AI startup Anthropic. This fresh injection of capital supplements Amazon’s initial $1.25 […]


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Sam Bankman-Fried to be sentenced today for $8 billion FTX fraud; faces 110 years in prison
Nickie Louise Posted On March 28, 2024


Former crypto billionaire Sam Bankman-Fried is bracing for his sentencing on Thursday following his conviction for stealing $8 billion from customers of the now-defunct FTX exchange, a company he founded five years ago. At 32, Bankman-Fried stares down the possibility […]


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SEC scores a major win in its lawsuit against Coinbase; case heads to trial as judge rules suit can proceed
Nickie Louise Posted On March 27, 2024


In a significant legal development, the US Securities and Exchange Commission (SEC) secures a pivotal win in its lawsuit against leading cryptocurrency exchange Coinbase. Following a ruling by a federal judge on Wednesday, it has been determined that the SEC’s […]


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Blockchain  / DeFi  / Startups  / Tech Startup News  / Tech Startups  / Technology News
The State of DeFi 2024: Entering a New Era of Growth
Nickie Louise Posted On March 27, 2024


Exponential.fi, a prominent crypto investment platform, has released its latest report, “The State of DeFi,” shedding light on the current landscape of decentralized finance (DeFi). The report signals a pivotal shift towards safer avenues like staking and secured lending, while […]


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Amazon fined $7.8 million by Poland’s consumer watchdog for misleading customers
Nickie Louise Posted On March 27, 2024


In a significant blow to e-commerce giant Amazon, Polish consumer watchdog UOKiK has slapped a hefty fine of 31 million zlotys (approximately $7.8 million) on the company. The fine comes as a consequence of alleged misleading practices regarding product availability […]


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KuCoin and its founders charged with money laundering and facilitating billions in criminal activity
Daniel Levi Posted On March 26, 2024


In a stunning development, the United States Department of Justice (DOJ) has indicted the cryptocurrency exchange KuCoin and two of its founders for purported violations of anti-money laundering (AML) laws. The charges stem from allegations that KuCoin failed to implement […]


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Electric Car  / Electric Vehicles  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Seattle-based startup Recurrent aims to rate EV battery health like car mileage to help you know your EV’s driving range
Daniel Levi Posted On March 26, 2024


The bustling used car market dwarfs the new car market by more than double, and electric vehicles (EVs) are rapidly joining the fray. This presents a unique challenge: valuing these battery-powered vehicles. Unlike traditional gasoline cars, around 40% of what […]


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HealthTech startup Tennr raises $18M series A funding led by a16z to fix fax machines for healthcare using AI
Daniel Levi Posted On March 26, 2024


Fax machines, often considered relics of a bygone era, continue to pulse with life in the modern healthcare landscape, processing a staggering 9 billion transactions annually. Despite the rise of telephones and the internet, the healthcare sector clings to fax […]


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Alibaba to acquire remaining stake in Cainiao for up to $3.75 billion; shelves IPO plan
Nickie Louise Posted On March 26, 2024


In a surprising move, Chinese e-commerce behemoth Alibaba Group Holding has called off its plans for an initial public offering (IPO) of its logistics arm, Cainiao Smart Logistics Network. Instead, the company is opting to acquire the remaining 36% stake […]


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Reddit IPO makes OpenAI CEO Sam Altman $400 million richer
Nickie Louise Posted On March 26, 2024


In a thrilling market debut on Thursday, Reddit burst onto the New York Stock Exchange scene, sending its shares skyrocketing by an astonishing 70%. The impressive surge marked a formidable entry into the public market for the social media giant, […]


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Adam Neumann makes a $500 million bid to buy WeWork out of bankruptcy
Nickie Louise Posted On March 26, 2024


In February, we delved into Adam Neumann’s aspirations after the former WeWork CEO expressed interest in buying back the real-estate startup he co-founded 14 years ago. Fast forward to now, and Neumann has reportedly made a bold move with a […]


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Israeli fintech startup FundGuard raises $100M for global expansion of its AI-based investment platform
Nickie Louise Posted On March 25, 2024


Fundguard, an Israeli fintech startup renowned for its AI-powered global asset servicing platform, has just announced a significant milestone. The company revealed on Monday that it has successfully raised $100 million in a private funding round, marking a substantial step […]


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Education  / Featured  / FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News  / Venture Capital
Fintech startup Goalsetter secures $9.6M in Series A Extension to grow its financial education platform
Nickie Louise Posted On March 25, 2024


Goalsetter, the fintech platform revolutionizing family finance and youth financial literacy, has closed a $9.6 million Series A extension, propelling its total funding to over $30 million since its last major funding round when we covered the fintech startup four […]


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Stability AI faces unstable future as CEO resigns to ‘pursue decentralized AI’
Nickie Louise Posted On March 25, 2024


In a surprising turn of events, Emad Mostaque, the founder and CEO of Stability AI, has resigned from the company amidst a series of high-profile departures and mounting investor pressure, leaving the startup in a state of uncertainty. This development […]


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From 20+ startup failures to $100 million a year success: Noah Kagan’s inspiring story and his advice to young entrepreneurs
Nickie Louise Posted On March 22, 2024


Are you in your twenties and feeling a bit lost in terms of your career direction? Well, you’re definitely not alone in that boat. This week, we want to share an inspiring story about an entrepreneur who faced numerous setbacks […]


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Microsoft strikes $650 million deal with Inflection AI to license its AI technology and talent
Nickie Louise Posted On March 22, 2024


In a move signaling Microsoft’s deepening commitment to AI, the tech titan has inked a deal with the promising AI startup Inflection, according to a report from Reuters. Sources close to the matter revealed that Microsoft will shell out nearly […]


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Reddit pops on IPO; shares soar as much as 70% in NYSE debut
Nickie Louise Posted On March 21, 2024


Reddit made a market debut on the New York Stock Exchange Thursday sending its shares soaring by a whopping 70%, marking an impressive entry into the public market. By the closing bell, Reddit’s shares ended up 48%, signaling a potential […]


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AI startup Borderless AI launches with $27 million in funding to speed up global hiring
Nickie Louise Posted On March 21, 2024


Investment in artificial intelligence (AI) remains red hot as investors continue to pour billions into promising AI technologies. The latest player to ride the AI funding wave is Borderless AI, a Toronto-based startup leveraging generative AI to revolutionize team onboarding […]


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Reddit’s long-awaited IPO priced at top range as valuation dips to $6.4 billion from $10 billion in 2021
Nickie Louise Posted On March 21, 2024


In a much-anticipated move, Reddit, the internet’s most famous online forum, has finally made its grand entrance onto the New York Stock Exchange stage, stirring up excitement among investors and setting a tone for forthcoming public listings in 2024. The […]


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