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Startups News
Nickie Louise @ Startups News 3 place · 03/23/2023 23:59 EDT

Top tech startup news for Thursday, March 23, 2023: Block, Cannect Wellness, Terra, Tome

Good evening! Below are some of the top tech startup news stories for Thursday, March 23, 2023 Crypto founder Do Kwon charged with fraud by U.S. prosecutors following Montenegro arrest Earlier today, we wrote about Terra founder Do Kwon after […] Read more

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Startups News
Nickie Louise @ Startups News 2 place · 03/23/2023 22:25 EDT

AI chatbot startup Character.AI valued at $1 billion after raising $150M in funding led by Andreessen Horowitz

Character.AI, an artificial intelligence start-up founded by two former Google employees, has raised $150 million in Series A funding led by Andreessen Horowitz. Existing investors, including Nat Friedman (former GitHub CEO), Elad Gil, SV Angel, and A Capital also participated. […] Read more

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Startups News
Daniel Levi @ Startups News · 03/23/2023 11:25 EDT

Terra founder Do Kwon arrested in Montenegro with falsified documents, Interior Minister says

Law finally catches on Terra founder Do Kwon. The founder of Terraform Labs is reportedly arrested in Montenegro, according to a tweet by the country’s minister of interior, Filip Adzic. Do Kwon was detained at the Podgorica airport with falsified […] Read more

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Startups News
Nickie Louise @ Startups News · 03/23/2023 10:42 EDT

Cannabis startup Cannect Wellness raises $7.5M in funding to launch in Illinois

About five years ago, CBDs and cannabis dominated the headlines as tech startups flocked to the space after some US states legalized the sale of recreational cannabis. Then in 2020, investors pulled back from the space and set their sights […] Read more

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Startups News
Nickie Louise @ Startups News 1 place · 03/23/2023 09:57 EDT

Hindenburg Research says Jack Dorsey’s fintech company facilitates fraud against “unbanked” customers; Block shares plunge

“Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping. The “magic” behind Block’s business has not been disruptive innovation, but rather the company’s willingness to facilitate fraud against consumers and […] Read more

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Startups News
Nickie Louise @ Startups News · 03/23/2023 09:25 EDT

AI storytelling startup Tome triples its user base to 3 million in just a month, to launch paid subscription

ChatGPT took the internet by storm in November after OpenAI released its dialogue-based AI chatbot which has been hailed as a potential game-changer in the world of artificial intelligence (AI). Just five days after its launch, ChatGPT crossed one million users, […] Read more

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Startups News
Nickie Louise @ Startups News 2 place · 03/23/2023 08:24 EDT

Job search platform Indeed to lay off 2,200 employees, or 15% of its workforce

“I am heartbroken to share that I have made the difficult decision to reduce our headcount through layoffs.” US-based job search platform has joined the layoff trend announcing on Wednesday it will lay off 15% of its workforce, or about […] Read more

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Startups News
Nickie Louise @ Startups News · 03/22/2023 21:14 EDT

Top startup news for Wednesday, March 22, 2023: Fluidity, Indeed, Tron, Windfall Bio, and Virgin Orbit

Good evening! Below are some of the top tech startup news stories for Wednesday, March 22, 2023. Job search platform Indeed to lay off 2,200 employees, or 15% of its workforce Indeed announced on Wednesday it is laying off about […] Read more

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Startups News
Daniel Levi @ Startups News · 03/22/2023 18:28 EDT

SEC charges Tron founder Justin Sun, Linsday Lohan, Jake Paul, and other celebrities with crypto fraud

The founder of the Tronix and BitTorrent crypto assets, Justin Sun, who is also a Grenadian diplomat, has been charged by the Securities and Exchange Commission (SEC) for fraud and offering unregistered securities. In addition, the SEC also charged celebrities […] Read more

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Startups News
Nickie Louise @ Startups News · 03/22/2023 11:38 EDT

Fluidity launches cashback program on crypto payment app Request Finance

Fluidity Money, a “spend-to-earn” decentralized finance (DeFi) protocol, has launched a cashback program with Request Finance, an enterprise crypto payments app. The cashback program enables businesses to incentivize customers who pay with cryptocurrency, while also offering cashback rewards to merchants […] Read more

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Startups News
Nickie Louise @ Startups News · 03/22/2023 11:11 EDT

Windfall Bio raises $9 million to use methane-eating microbes to combat climate change

We all have some kind of obsession. For serial entrepreneur and biochemist Josh Silverman, his obsession is methane, a greenhouse gas that is more powerful than carbon dioxide. Methane is produced by a variety of natural and anthropogenic sources, including […] Read more

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Startups News
Daniel Levi @ Startups News 2 place · 03/22/2023 10:00 EDT

Nimiq adds support for gas-abstracted USDC transactions on Polygon

Nimiq is set to roll out gas-abstracted USDC transactions on Polygon, which will be incorporated into its native wallet. The new feature will make it easier and more feasible for merchants to accept crypto, avoiding the typical volatility. The Blockchain […] Read more

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Startups News
Nickie Louise @ Startups News 3 place · 03/22/2023 09:59 EDT

Metaverse platform MetaMetaverse rebrands to MultiversalME, launches new website

Metaverse platform MetaMetaverse has rebranded itself to MultiversalME and launched a new website. The startup said the rebranding and new website represent its commitment to enabling creativity at scale and focusing on multiversal interoperability. The news comes less than a year […] Read more

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Startups News
Nickie Louise @ Startups News 3 place · 03/22/2023 08:38 EDT

Virgin Orbit is close to raising $200 million from Matthew Brown to prepare for its next mission

Virgin Orbit is close to raising $200 million in new funding from Texas-based venture capital investor Matthew Brown via a private share placement, according to an exclusive report from Reuters. Although Virgin Orbit did not comment on the potential deal, […] Read more

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Startups News
Nickie Louise @ Startups News · 03/21/2023 21:42 EDT

Top startup news for Tuesday, March 21, 2023: Adobe, Google, Microsoft, StructShare, tomi, and Unlearn

Good evening! Below are some of the top tech startup news stories for Tuesday, March 21, 2023. Google announces the public release of ChatGPT competitor Bard Alphabet Google on Tuesday morning finally began the public release of its high-anticipated ChatGPT […] Read more

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Startups News
Nickie Louise @ Startups News · 03/21/2023 20:46 EDT

Adobe launches Firefly, a generative AI tool that lets you type commands to edit images

In just a few months, ChatGPT, the most popular generative AI created by OpenAI, has revolutionized the way we communicate with chatbots and unlocked a whole new world of possibilities by making it possible for an average user to do tasks […] Read more

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Startups News
Daniel Levi @ Startups News · 03/21/2023 12:34 EDT

tomi secures $40M in funding to build a surveillance-free alternative internet controlled by the community

Over the past few years, we’ve seen big tech companies working with governments to censor free speech and information on the internet. The modern internet, spearheaded by industry giants such as Google and Facebook, was originally designed to grant users unrestricted […] Read more

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Startups News
Nickie Louise @ Startups News · 03/21/2023 10:56 EDT

Microsoft plans to launch new app store for games to rival Apple and Google

In what analysts said could pose the ‘biggest potential threat’ to Apple’s App Store, Microsoft is gearing up to launch a games app store for iPhones and Androids in 2023 if government regulators approve its acquisition of Activision Blizzard is […] Read more

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Startups News
Daniel Levi @ Startups News · 03/21/2023 10:22 EDT

Top 10 Cryptocurrencies Of 2023

2021 was the best year for cryptocurrency when Bitcoin reached its peak of $68,000 in November of that year. But everything changed a year later and cryptocurrencies lost more than half of their value. Then almost a year later came […] Read more

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Startups News
Nickie Louise @ Startups News 1 place · 03/21/2023 10:03 EDT

StructShare secures $8 million to solve construction procurement woes

Efficient procurement and material management are essential for achieving timely and cost-effective completion of construction projects. However, the current process relies heavily on manual labor such as email communication, manual data entry, and outdated accounting systems. Unfortunately, this can lead […] Read more

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