January 13, 2025
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Crypto adoption surges as global cryptocurrency user base surpassed half a billion in 2023, a 34% increase from prior year
Daniel Levi Posted On January 23, 2024


Despite the volatile market of the past year, the cryptocurrency world experienced an unprecedented surge in 2023, witnessing a 34% increase in the global user base. According to a market sizing report from Crypto.com, more than half a billion people […]


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Plural, a venture firm launched by Wise and Skype founders, secures $436 million for new fund targeting European tech startups
Nickie Louise Posted On January 23, 2024


For over a decade now, Europe has been trailing behind the United States in terms of startup funding. However, there’s a promising shift on the horizon, as a team of seasoned entrepreneurs, the brains behind Wise and Skype, is gearing […]


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Killer Whales, the Shark Tank of Crypto, partners with UNCX Network to boost DeFi on crypto reality show
Nickie Louise Posted On January 23, 2024


It’s official, Killer Whales is ready to swim with DeFi giant UNCX Network. Today, Killer Whales, the Shark Tank of Crypto, announced decentralized multi-chain service provider UNCX Network as its DeFi partner. In a statement on Tuesday, UNCX Network said […]


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Riot Games lays off over 500 employees, or 11% of its workforce
Nickie Louise Posted On January 23, 2024


Riot Games, a subsidiary of Tencent Holdings, recently announced its plan to reduce its global workforce by about 11%, affecting approximately 530 employees. The news was shared in a blog post on Monday, which included a letter to the employees […]


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Flexport secures $260 million in funding from Shopify following a 20% job cut
Nickie Louise Posted On January 23, 2024


Flexport, the struggling logistics startup that faced challenges and had to implement job cuts last year to reduce costs, has received a  significant financial boost. Flexport announced it has secured $260 million in funding through uncapped convertible notes from the […]


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France’s FDJ offers to buy Swedish online gaming firm Kindred in $2.8 billion takeover bid
Daniel Levi Posted On January 22, 2024


French gaming company La Francaise des Jeux SA (FDJ) launched a takeover bid on Monday to buy the Swedish online gaming company Kindred Group. The deal is set to create a major player in the gambling industry, positioning FTD as […]


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New Zealand-based startup Marama Labs raises €1.75m for hazy wine tech scale-up and life sciences entry
Nickie Louise Posted On January 22, 2024


Marama Labs, a deep-tech startup based in New Zealand and Ireland, has raised €1.75 million in funding. The oversubscribed seed-plus round was led by European agritech investor The Yield Lab. The round also saw participation from existing investors including New […]


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Apple’s $3,499 Vision Pro now available for pre-order ahead of February 2 launch
Nickie Louise Posted On January 22, 2024


Preorders for Apple’s pricy Vision Pro headset began Thursday ahead of its U.S. release on Feb. 2. The virtual reality headset starts at $3,499, and buyers also have the option to pay in 12-month installments. Preorders are now open for […]


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Microsoft Hacked: Hackers stole Microsoft corporate emails in a month-long data breach
Nickie Louise Posted On January 22, 2024


Microsoft announced on Friday that a Russian state-sponsored hacking group successfully breached the email accounts of several senior leaders within the company. The disclosure was made through a regulatory filing by the software giant. In a statement on January 19, […]


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Voice AI startup ElevenLabs reaches unicorn status with $80 million Series B raise
Nickie Louise Posted On January 22, 2024


Artificial intelligence (AI) startup ElevenLabs announced on Monday it has raised $80 million in Series B funding. The round was led by venture capitalist Andreessen Horowitz, with participation from entrepreneurs Nat Friedman and Daniel Gross, along with others, including Sequoia […]


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Tech startup CEO died after falling 20 feet to the stage at a company event
Daniel Levi Posted On January 22, 2024


Sanjay Shah, the founder and CEO of Vistex, a software startup based in Illinois, tragically passed away last week after an incident during a company event, as reported by multiple sources. The distressing incident was captured on video and shared […]


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Meta’s Open AGI: Zuckerberg says Meta to build open-source artificial general intelligence (AGI) and make it available to all
Nickie Louise Posted On January 19, 2024


Mark Zuckerberg announced on Thursday that Meta is planning to build its own artificial general intelligence (AGI) and release it as open-source (open AGI) software and make it freely available to the general public. “Our long-term vision is to build […]


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AI startup Cohere in talks to raise between $500 million to $1 billion in new funding, sources
Nickie Louise Posted On January 19, 2024


Cohere, a Toronto-based AI startup specializing in AI foundation models, is currently in talks with investors to secure funding in the range of $500 million to $1 billion, according to an insider who shared the information with Reuters on Friday. […]


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TrusTrace, a Stockholm-based SaaS startup, raises $24 million in funding to expand its global footprint
Nickie Louise Posted On January 18, 2024


TrusTrace, a Stockholm-based SaaS startup and provider of product traceability and compliance, has secured $24 million in growth funding. The funding round was led by Circularity Capital, a specialist investor in businesses contributing to the circular economy, and saw participation […]


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Bosch to cut 1,200 software jobs by 2026 amid rising costs and slowdown in automated driving sector
Daniel Levi Posted On January 18, 2024


The world’s largest automotive supplier Bosch is planning to cut around 1,200 jobs in the software division by the end of 2026, 950 of them in Germany, the company confirmed in a statement with Italian Handelsblatt Daily on Thursday. The […]


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Fintech startup Kashable scores $25.6M in funding to boost employee financial wellness
Daniel Levi Posted On January 18, 2024


Financial well-being is becoming a major concern for businesses, as financially stressed employees are more likely to be stressed, unproductive, and absent from work. Recognizing this issue, one fintech startup has made its mission to equip employees with tools and […]


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Barclays relaunches Cambridge coworking space for climate tech startups
Nickie Louise Posted On January 18, 2024


Barclays, the British multinational universal bank, has relaunched its Cambridge Eagle Lab with a fresh emphasis on supporting high-growth climate tech startups in connecting, growing, and scaling, the bank announced on Thursday. The revamped space offers dedicated pre-seed and bridge […]


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BMW partners with AI robotics startup Figure to deploy humanoid robots in U.S. plants and take on Tesla
Nickie Louise Posted On January 18, 2024


AI robotics startup Figure announced on Thursday it signed a partnership with BMW Manufacturing to deploy its humanoid robots at BMW’s facility in the U.S. The move reflects a growing trend among companies to utilize human-like robots for specific physical […]


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Reddit IPO: Reddit plans to go public in March
Nickie Louise Posted On January 18, 2024


Reddit, the widely popular online forum celebrated for its lively communities and meme-driven culture, is gearing up for a major milestone: an impending initial public offering (IPO) potentially scheduled for as early as March 2024. This move has the potential […]


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Uber shuts down Drizly, an alcohol delivery startup it bought 3 years ago for $1.1 billion
Nickie Louise Posted On January 17, 2024


Uber is finally moving away from the alcohol delivery business, concluding its billion-dollar experiment with Drizly. The ride-hailing giant announced its decision to close down the Drizly platform by March, according to an exclusive report from Axios. Having acquired Drizly […]


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