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Crypto Aid Israel Passes $185K in Donations as 30+ Web3 Companies Join The Emergency Relief Initiative
Nickie Louise Posted On October 19, 2023


Tel Aviv, Israel – 19.10.23 – Crypto Aid Israel, an initiative that was launched a week ago by several local blockchain companies, is pleased to report substantial progress in our mission to support Israelis affected by the ongoing wave of […]


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Tech billionaire Peter Thiel was reportedly an FBI informant
Daniel Levi Posted On October 19, 2023


In a startling revelation that’s bound to send shockwaves through the tech world, there are reports suggesting that Peter Thiel, co-founder of PayPal and a prominent venture capitalist, may have had a role as an FBI informant, that’s at least […]


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UK fintech startup Uncapped raises £200M in debt financing from Fortress Investment Group
Daniel Levi Posted On October 19, 2023


Despite the ongoing dominance of artificial intelligence startups in the tech funding arena, investors are showing no signs of slowing down when it comes to backing promising and innovative fintech startups. In fact, just earlier this month, we reported that […]


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Google lays off dozens of staff in its news division
Nickie Louise Posted On October 19, 2023


Google has fired dozens of staff in its news division this week, cutting approximately 40-45 jobs, CNBC reported. These layoffs are part of Google’s broader efforts to downsize in response to slower growth and uncertain economic conditions. The specific positions […]


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Tata Group considering investing another $1 billion in super app Tata Neu, report
Nickie Louise Posted On October 19, 2023


Tata Group is mulling the possibility of investing an additional $1 billion into its super-app venture Tata Neu as part of the effort to boost its digital business, Bloomberg News reported on Thursday. The latest capital infusion underscores Tata Group’s […]


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Elon Musk is considering pulling Twitter out of Europe over the new EU compliance laws
Nickie Louise Posted On October 18, 2023


Elon Musk is considering taking Twitter out of the European market in response to a fresh set of European Union’s internet platform regulations known Digital Services Act (DSA), Insider reported on Wednesday. The DSA is a comprehensive legislation designed to oversee […]


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Why Online Businesses Fail: Top 5 Mistakes to Avoid
Nickie Louise Posted On October 18, 2023


Running an online business can be a rewarding venture, but it’s not without its distinct set of challenges. Sadly, a significant number of online businesses experience failure within their initial years of operation. Although various factors can lead to this, […]


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Hacker leaks 4 million more 23andMe user records, including records of “wealthiest people living in the US and Western Europe”
Daniel Levi Posted On October 18, 2023


The situation regarding the 23andMe data breach took a turn for the worse on Wednesday. The same hacker responsible for leaking a treasure trove of user data stolen from the genetic testing company 23andMe two weeks ago has now released […]


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Fintech startup Globacap raises $21 million in Series B funding to digitize the $12 trillion private markets
Nickie Louise Posted On October 18, 2023


Private markets have seen a significant increase in Assets under Management (AUM), reaching a substantial $11.7 trillion in 2023. This number is expected to double within the next five years. However, despite its considerable size and importance, the processes within […]


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Zero-trust security startup SecureW2 lands $80M from Insight Partners to grow its passwordless authentication platform
Daniel Levi Posted On October 18, 2023


In today’s digital age, the call for passwordless authentication has become increasingly urgent. Traditional passwords, despite their familiarity, are susceptible to hacking, and data breaches, and tend to leave users exasperated with the growing complexity of password rules. Passwordless authentication […]


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X (formerly Twitter) launches $1 annual subscription plan for basic features in a test to reduce bots and spam
Nickie Louise Posted On October 18, 2023


X, formerly known as Twitter, announced on Tuesday that it’s rolling out a new subscription model in a test to reduce bots and spam. The new $1 annual subscription plan called “Not A Bot,” will charge users for actions like […]


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DimeADozen.AI, an AI side hustle started by two friends with only $185, just sold for $150,000 after 7 months
Daniel Levi Posted On October 17, 2023


Can you imagine starting a side hustle with just $185 and artificial intelligence (AI)? That’s exactly what two friends, Monica Powers and Sal Aiello, did and now their business was just sold for $150,000. How did they do it? In […]


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Flatfile acquires AI startup ChatCSV to boost its AI-powered data exchange platform
Nickie Louise Posted On October 17, 2023


Denver-based startup Flatfile has acquired ChatCSV, an AI startup known for its highly popular AI chat app used by prominent organizations like P&G, McKinsey, Zapier, Quora, and Vimeo. The company did not disclose the amount and terms of the deal. This […]


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Invesco boosts Indian food delivery startup Swiggy’s valuation to $7.8 billion after cutting it to $5.5B in May
Nickie Louise Posted On October 17, 2023


US investment firm Invesco Inc. has made a substantial upward revision in its valuation of Indian food delivery startup Swiggy, raising it to $7.8 billion. This adjustment comes after it had marked down the valuation to $5.5 billion back in […]


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AI music app Riffusion turns viral buzz into $4 million funding
Daniel Levi Posted On October 17, 2023


AI-powered music generation app Riffusion has raised $4 million in seed funding to grow its platform and expand its team. The funding round was led by Greycroft, with additional contributions from South Park Commons and Sky9. Riffusion went viral in […]


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LinkedIn fires nearly 700 employees in second round of layoffs
Nickie Louise Posted On October 17, 2023


LinkedIn, a Microsoft-owned professional networking and hiring platform, has laid off 668 employees mostly in its finance, engineering, and talent departments. This reduction accounts for approximately 3% of the company’s workforce, which surpasses 20,000 employees. . The layoff announcement marks the […]


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Chinese AI startup Baichuan raises $300 million in funding from Alibaba, Tencent, and others
Nickie Louise Posted On October 17, 2023


Investment in artificial intelligence (AI) startups continues at a rapid pace with no signs of slowing down as investors pour billions into the space. The most recent addition to this funding surge is the Chinese AI startup Baichuan. On Tuesday, Baichuan announced […]


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SEC has not yet approved iShares Bitcoin Spot ETF; BlackRock denies Coin Telegraph report
Nickie Louise Posted On October 16, 2023


BlackRock has denied a report from crypto news outlet Cointelegraph, which claimed that U.S. regulators had given the green light to their high-profile application for a cryptocurrency investment product. According to Reuters, BlackRock clarified the situation by stating, “The iShares […]


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Space startups funding surges to $3 billion in Q3, up 17%
Daniel Levi Posted On October 16, 2023


After a prolonged period of funding challenges, the tech startup scene is finally showing signs of a resurgence. Just last week, we highlighted a significant uptick as global venture funding surged to an impressive $64.6 billion in the third quarter […]


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Stack Overflow lays off 28% of its total workforce amid challenges posed by generative AI
Nickie Louise Posted On October 16, 2023


Stack Overflow is laying off 28% of its staff. In an announcement on Monday, CEO Prashanth Chandrasekar revealed that the company is reducing its total workforce by about 28% as part of cost-cutting measures to address new challenges. Over the […]


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