The collapse of Silicon Valley Bank (SVB) on Friday afternoon left venture capital firms, tech companies, and startups scrambling in uncertainty. Then over the weekend, the FDIC, Treasury, and the Federal Reserve stepped in to reassure depositors their cash is […] Read more ›
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Facebook-parent company Meta announced on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, making the social giant the first Big Tech company to announce a second round of mass layoffs. In a message […] Read more ›
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In 2022, it was estimated that 90 percent of organizations had a hybrid and multi-cloud environment. This opens up the potential for hackers and bad actors to move between on-premises data centers and cloud providers, as well as lateral attacks […] Read more ›
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Good evening! Below are some of the top tech startup news stories for Monday, March 13, 2023. Meta winds down NFTs on its platforms amid the crypto bust As the crypto market continues on its downward spiral, Facebook parent company Meta […] Read more ›
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Pfizer has acquired Seattle-based cancer treatment biotech firm Seagen for $43 billion. In an announcement on Monday, Pfizer CEO Albert Bourla said the acquisition will enable the pharmaceutical giant to deliver Seagen’s cancer therapy to the world “at a scale […] Read more ›
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Last week we wrote about Qualtrics after the survey software company received a $12.4 billion buyout offer from Silver Lake and Canada’s CPPIB. Today, Silver Lake and CPP Investments announced it plans to acquire Qualtrics for $12.5 billion, making it […] Read more ›
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Relationships, networking, and community are critical to building a successful startup. These critical components provide startups with access to resources such as funding, mentorship, talent, and industry knowledge that can help them succeed. By connecting with other entrepreneurs, investors, and […] Read more ›
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Electric vehicle (EV) maker Rivian Automotive is in talks with its largest shareholder Amazon to end the exclusivity part of their electric van deal, CNBC reported, citing the company spokeswoman. As we reported back in 2019, Amazon had placed an […] Read more ›
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SaasGuru, an EdTech startup founded to solve the cloud skills crisis by creating the bridge between learning and certifications, announced today it has closed $2.7 million (A$4 Million) in funding to transform the industry and redefine the way people approach […] Read more ›
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Silicon Valley Bank (SVB) is the US’s 16th largest bank that mostly served venture capital firms and tech companies and startups, including some of Silicon Valley’s biggest names, such as Roku. With over 200 billion dollars of assets, Silicon Valley Bank […] Read more ›
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As the Silicon Valley Bank situation unravels by the hour, the US financial regulators announced Sunday night that depositors of the failed Silicon Valley Bank will have access to all of their money starting Monday, March 13 In a joint statement, […] Read more ›
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Tesla and Twitter CEO Elon Musk said he is open to the idea of buying the collapsed Silicon Valley Bank (SVB) and turning it into a digital bank. Musk made the revelation while responding to a tweet by Min-Liang Tan, […] Read more ›
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Good evening! It’s another light news Friday. As a result, we’ll keep it short and sweet..Below are some of the top tech startup news stories for Friday, March 10, 2023.  General Motors (GM) is exploring the use of ChatGPT […] Read more ›
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Venture capital firms are urging tech startups and companies in their portfolio companies to move money out of embattled lender Silicon Valley Bank. On Friday, the trading of SVB Financial Group’s shares, the holding company of Silicon Valley Bank, was […] Read more ›
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After losing billions of dollars on its ambitious metaverse project, Facebook’s parent company Meta is now setting its sight on Twitter. According to an exclusive report from Reuters, Meta Platforms is currently exploring plans to launch a new social media […] Read more ›
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Not sure how many of you have been paying attention to the entire YouTuber Logan Paul’s CryptoZoo drama. His CryptoZoo NFT project was a total mess but later he issued an apology to his fans and investigative reporter CoffeeZilla. But […] Read more ›
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After several weeks of good news, Bitcoin experienced a significant drop on Friday and fell below the $20,000 mark, hitting a low point not seen in almost two months. The world’s most popular cryptocurrency plunges as low as $19,613 before […] Read more ›
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Good evening! Below are some of the top tech startup news stories for today Thursday, March 9, 2023. Monnai lands $6.5M Series A funding to connect disparate data sources through a single API, so fintechs can focus on growth The […] Read more ›
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Randy Nonnenberg is a 45-year-old entrepreneur and the co-founder of Bring a Trailer (BaT), an online platform and a community-based auction marketplace for buying and selling unique and rare vehicles. The site curates classic, collector, and enthusiast vehicles submitted by […] Read more ›
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New York’s attorney general Letitia James on Thursday sued KuCoin for failing to register with the state before allowing investors to buy and sell cryptocurrencies on its platform. The move is part of the state’s effort to rein in what […] Read more ›
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02.07.2026 22:49
Last update: 22:35 EDT.
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