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Daniel Levi @ Startups News · 01/25/2023 12:29 EDT

Sam Bankman-Fried gave $400 million to an obscure crypto trading startup; one of the founders was once romantically involved with him

What’s $400 million among friends, especially if the friend is someone you’re romantically involved with? The more we learn about the fall of disgraced FTX founder Sam Bankman-Fried (SBF), the more we realize that his crypto empire was built on […] Read more

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Startups News
Nickie Louise @ Startups News · 01/25/2023 11:15 EDT

ZenGo becomes the first seedless wallet on Polygon

The “seed-phrase” problem has been raised a few times by thought leaders such as Binance Changpeng Zhao (CZ) and Udi Wertheimer (who’s been very vocal about it in the past few months) after a massive wave of exiting CEXs that […] Read more

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Startups News
Daniel Levi @ Startups News · 01/25/2023 09:44 EDT

Fintech startup DailyPay raises $260 million in growth funding to revolutionize the $1 trillion on-demand pay market

On-demand pay, also known as earned wage access (EWA), is a new category of payroll service that gives low-wage employees access to some or all of their earned wages before the traditional, scheduled payday. According to tax firm Ernst and […] Read more

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Startups News
Daniel Levi @ Startups News · 01/25/2023 08:59 EDT

MarketAcross Named As European Blockchain Convention’s Web3 Lead Media Partner

January 25, 2023, Tel Aviv, Israel — Leading blockchain marketing firm MarketAcross has joined the upcoming European Blockchain Convention (EBC) as its main global media partner. The convention, now in its eighth edition, is expected to welcome over 2,500 attendees […] Read more

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Startups News
Nickie Louise @ Startups News · 01/25/2023 08:17 EDT

Microsoft cloud outage hits users around the world; products including Teams and Outlook impacted

Millions of Microsoft users around the world were hit with an outage on Wednesday after a networking outage took down its cloud platform Azure along with services such as Teams and Outlook. The tech giant said it had since recovered […] Read more

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Startups News
Daniel Levi @ Startups News · 01/24/2023 19:20 EDT

Top tech startup news for Tuesday, January 24, 2023: Amazon, DevZero, Forward, Gemini, and Uber Freight

Good evening! Below are some of the top tech startup news stories for Tuesday, January 24, 2023. Uber Freight lays off 150 employees or 3% of the unit’s headcount Uber trucking unit, Uber Freight, has laid off 150 employees, or […] Read more

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Startups News
Nickie Louise @ Startups News · 01/24/2023 16:13 EDT

Crypto exchange Gemini lays off 10% of its employees, third round of layoffs in less than a year

Gemini, a crypto exchange founded by the Winklevoss twins, is laying off 10% of its total workforce. Gemini now joins a long list of crypto companies that have announced or planning to freeze hiring as FTX contagion spreads across the […] Read more

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Startups News
Daniel Levi @ Startups News · 01/24/2023 12:44 EDT

DevZero launches with $26M in Seed & Series A funding to enable software developers to code in the cloud

With a plethora of software development tools out there, you will be surprised to know that most software engineers and developers still work on their local devices, which requires constant software updates, multiple installs, the need to synch with the […] Read more

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Startups News
Nickie Louise @ Startups News · 01/24/2023 11:09 EDT

French quantum computer startup PASQAL raises €100 million to usher in a new era of neutral atoms quantum computing

Since 1882 after Charles Babbage invented the first computer known as Babbage Difference Engine, today’s computers still use integrated circuits or semiconductors (also known as chips) which are based on bits in the form of binary 1s and 0s. Integrated […] Read more

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Startups News
Daniel Levi @ Startups News · 01/24/2023 09:37 EDT

Forward Networks lands $50M in Series D funding to help prevent network outages

With millions of people joining the internet every day, the underlying IP networks have to be resilient and scalable. As part of the effort to support future growth and global connectivity of the Internet, the Internet Society launched IPv6 on […] Read more

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Startups News
Nickie Louise @ Startups News · 01/24/2023 08:48 EDT

Amazon launches a $5/month generic drug prescription plan for U.S. Prime members

Just two years after Amazon entered into the pharmacy business with the launch of Amazon Pharmacy to enable customers to order prescriptions online, Amazon announced today the launch of its low-cost subscription plan for generic drugs, furthering the e-commerce giant’s […] Read more

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Startups News
Nickie Louise @ Startups News · 01/24/2023 08:12 EDT

Interview with HotDrop Co-founders, Max Goldberg and Steven Segel

We’re excited to kick off our 2023 Startup Spotlight series with Max Goldberg and Steven Segel, the Co-Founders of HotDrop, a music startup that connect undiscovered artists with superfans. Music discovery app, HotDrop, was recently featured in The Wall Street […] Read more

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Startups News
Daniel Levi @ Startups News · 01/24/2023 07:42 EDT

DealHub wraps up year of unprecedented growth following $60M funding round

Upscaling sales capabilities can be a huge problem for many growing enterprises. Legacy sales tech solutions often require long implementation periods and need for extensive coding experience to customize to a company’s specific needs, which can often change on the […] Read more

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Startups News
Daniel Levi @ Startups News · 01/23/2023 18:13 EDT

Top tech startup news for Monday, January 23, 2023: Bitcoin, BoFA, Microsoft, Spotify, and Xylem

Good evening! Below are some of the top tech startup news stories for Monday, February 23, 2023. Bitcoin briefly tops $23,000 as the world’s most popular cryptocurrency up almost 39% since the start of January Maybe not a fake rally […] Read more

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Startups News
Nickie Louise @ Startups News · 01/23/2023 16:57 EDT

Is MrBeast the new ‘Twitter Super Official CEO?’

Social media is abuzz this evening after popular YouTuber, better known as MrBeast, changes his Twitter bio to “Twitter Super Official CEO” on Monday. The change sparks speculation on the future of the social platform, causing many to ask if […] Read more

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Startups News
Daniel Levi @ Startups News · 01/23/2023 11:51 EDT

Xylem to acquire Evoqua in a $7.5 billion water treatment deal in a push to expand to industrial markets

Water tech firm Xylem announced on Monday it is acquiring Evoqua Water Technologies Corp in an all-stock deal valued at $9.5 billion, which will boost its wastewater treatment solutions and provide it access to several industrial markets. The announcement comes […] Read more

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Startups News
Daniel Levi @ Startups News · 01/23/2023 11:25 EDT

Microsoft invests billions of dollars in ChatGPT-maker OpenAI as AI race heats up

Microsoft on Monday announced a new multi-billion dollar investment in ChatGPT-maker OpenAI as the AI race heats up. The tech giant declined to provide a specific dollar amount. However, as we reported earlier this month, Microsoft was in talks to […] Read more

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Startups News
Nickie Louise @ Startups News · 01/23/2023 10:55 EDT

Sterling Investment Partners raises $934 million in funding for its Fund IV to invest in middle market companies

The global macro events and the global economic slowdown is making it increasingly harder for startups to raise funding. Founders are scrambling to get more cash than the amount VCs are willing to deploy. The problem is not just limited […] Read more

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Startups News
Nickie Louise @ Startups News · 01/23/2023 10:33 EDT

Bank of America is investing up to $150 million in middle-income housing preservation fund to help preserve over 3,000 affordable homes

Collaborating with Enterprise Community Partners and Developers to Preserve Housing for Middle-Income Earners Bank of America Community Development Banking is investing up to $150 million in equity to preserve more than 3,000 affordable homes nationwide for middle-income households in partnership with […] Read more

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Startups News
Nickie Louise @ Startups News · 01/23/2023 09:01 EDT

London-based eco-friendly clothing startup bags £1M to meet demand for its sustainable fashion care products

Some have called it a fashion crime but the amount of waste in the fashion industry is unfathomable until you start peeling away the layers. The $2.4 trillion fashion industry — with its short trend cycles and massive production rates — was […] Read more

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