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Nickie Louise @ Startups News · 01/17/2023 07:53 EDT

Europe’s digital bank startup N26 to expand crypto trading

Late last year, Europe’s digital bank startup N26 made its foray into cryptocurrency last year with the launch of a new crypto trading service called N26 Crypto. Unlike its rival PayPal, the N26′s crypto service does not include support for custodial ... Read more ›

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Startups News
Nickie Louise @ Startups News · 01/16/2023 18:41 EDT

Top tech startup news for Monday, January 16, 2023: Locad, MoviePass, ShareChat, Sprinque, and Twitter

Good evening and happy Martin Luther King Holiday to everyone! It’s another light news day and as such, I’m going to make this very brief. With that, below are some of the top tech startup news stories for Monday, January 16, ... Read more ›

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Startups News
Daniel Levi @ Startups News · 01/16/2023 18:10 EDT

MoviePass returns from the dead with seed funding to accelerate its beta relaunch

In September 2019, we covered MoviePass when the subscription-based movie ticketing platform shut down and went bankrupt in 2020 after burning through nearly  $68.7 million of investors’ funds. The startup blamed the shutdown on the failure to “recapitalize the company.” Fast forward ... Read more ›

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Startups News
Nickie Louise @ Startups News · 01/16/2023 16:54 EDT

ShareChat, a Google-backed short video-sharing startup, lays off 20% of its workforce

ShareChat is the latest Indian tech startup to lay off staff amid the global economic downturn. ShareChat, which was backed by Google and Singapore-based Temasek, announced Monday it has let go of about 20% of its 2,000-person workforce, as tech ... Read more ›

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Startups News
Daniel Levi @ Startups News · 01/16/2023 13:18 EDT

Google Ads-delivered malware drains crypto influencer “NFT God” entire crypto wallet

An NFT influencer known on Twitter as “NFT God” claims to have lost “a life-changing amount” of his net worth in nonfungible tokens (NFTs) and crypto after accidentally downloading malicious software found in a Google Ad search result. In a ... Read more ›

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Startups News
Daniel Levi @ Startups News · 01/16/2023 12:47 EDT

Bitcoin is up 26% so far this year; but is this a fake rally before the mother of all crashes?

After a lackluster 2022 and many months of bad news, crypto investors have been patiently waiting for months for some good news, and this past weekend, they finally got some. Bitcoin jumped about 20 percent in just a few days, with ... Read more ›

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Startups News
Nickie Louise @ Startups News 3 place · 01/16/2023 09:42 EDT

Singapore-based Locad raises $11M Series A funding to boost consumer brands in Asia Pacific with logistics engine

eCommerce businesses have thrived in recent years, thanks in part to the pandemic that forced millions of people to shop from home. However, while most entrepreneurs see eCommerce as a way to get their products in front of a huge ... Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 01/16/2023 08:44 EDT

Twitter offers free ads of up to $250,000 to advertisers in an attempt to woo back brands to its platform

Twitter had lost at least half of its top 100 advertisers since Elon Musk took over the company in October 2022. According to a report from Media Matters for America, these 50 advertisers have spent almost $2 billion on Twitter ads ... Read more ›

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Startups News
Daniel Levi @ Startups News 1 place · 01/13/2023 17:36 EDT

Top tech startup news for today Friday, January 13, 2023: Crypto.com, Meta, SmartNews, Tencent, and WeChat

Good evening and happy Friday! It’s a super light news day so we’re not going to cover much ground today. With that, below are some of the top tech startup news stories for Friday, January 13, 2023. Tencent bets big on ... Read more ›

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Startups News
Daniel Levi @ Startups News 2 place · 01/13/2023 16:56 EDT

News aggregator SmartNews lays off 40% of its staff in the US and China, more layoffs planned in Japan

We’re only two weeks into 2023 and more than 23,000 tech workers have already been laid off. The latest is SmartNews, a Tokyo, Japan-headquartered news aggregation website and app. SmartNews announced today it is laying  40% or around 40% of its U.S. and ... Read more ›

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Startups News
Nickie Louise @ Startups News 3 place · 01/13/2023 14:02 EDT

Balloon surveillance startup World View to go public in a $350 million SPAC deal

Interest in space tourism has grown in recent years, thanks to companies like Jeff Bezo’s Blue Origin and Richard Branson’s Virgin Galactic, which now makes it possible for tourists to see the edge of space. However, space tourism is not limited to ... Read more ›

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Startups News
Nickie Louise @ Startups News · 01/13/2023 10:30 EDT

100 Fastest-growing fintech startups to reach $1 billion valuation the quickest

We started off this year with our annual list of global unicorn startups, a list of emerging private companies that leverage new technologies or unknown market niches to achieve a value of over 1 billion dollars. In just a year, ... Read more ›

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Startups News
Nickie Louise @ Startups News · 01/13/2023 09:09 EDT

Meta sues AI startup Voyager Labs for allegedly creating fake accounts to scrape Facebook and Instagram users’ data 

Meta platforms filed a lawsuit against Voyager Labs on Thursday, alleging that the AI tech startup created fake Facebook accounts as part of a scheme to collect information from real Facebook and Instagram users. Meta alleged that Voyager Labs then used ... Read more ›

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Startups News
Nickie Louise @ Startups News · 01/13/2023 08:21 EDT

Crypto.com to lay off 20% of its employees as FTX contagion spreads further into the crypto market

Crypto winter has come for Singapore-based Crypto.com. The crypto exchange announced on Friday it would be laying off about 20% of its workforce, as the crypto industry continues to deal with the fallout of FTX. The latest layoff would be the ... Read more ›

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Startups News
Daniel Levi @ Startups News · 01/13/2023 00:23 EDT

Fastest-Growing Slot Software Providers

Online gaming has exploded over the last decade. While most players used to be wary of playing their favorite casino games online, the popularity of trusted fantasy apps like FanDuel and DraftKings has given millions of sports fans and players ways ... Read more ›

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Startups News
Nickie Louise @ Startups News · 01/12/2023 18:19 EDT

Top tech startup news for Thursday, January 12, 2023: Bill Gates, Climeworks, Nexo, T2, TikTok, and ZestyAI

Good evening! Below are some of the top tech startup news stories for today, Thursday, January 12, 2023. T2 Social raises $1.1 million in its first external funding to take on Twitter With Twitter in chaos since its takeover by Elon ... Read more ›

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Startups News
Daniel Levi @ Startups News · 01/12/2023 17:24 EDT

SEC charges Crypto firms Genesis and Gemini with selling unregistered securities

The Securities and Exchange Commission (SEC) finally dropped the hammer on crypto lender Gemini and Gemini, a crypto exchange founded by the Winklevoss twins. SEC on Thursday charged Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product ... Read more ›

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Startups News
Nickie Louise @ Startups News · 01/12/2023 16:41 EDT

TikTok fined $5.4 million for making it difficult for users to reject cookies

TikTok has bee been hit with a fine of $5.4 million over failures in policies that allow users to accept and refuse tracking cookies on its website. French data protection watchdog CNIL fined the ByteDance-owned company 5 million euros (about $5.4 million) ... Read more ›

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Startups News
Nickie Louise @ Startups News · 01/12/2023 13:25 EDT

U.S. Fire Administrator to Join U.S. Representatives Dean and Torres in DC to Honor Those Lost in Tragic Fires Over the Past Year, Announce National Fire Strategy

Today, the head of the U.S. Fire Administration (USFA), a component of FEMA, will join U.S. Representatives Madeleine Dean (D-PA) and Ritchie Torres (D-NY) and principals of America’s national fire service organizations in Washington, D.C., to honor those lost to fires and launch the ... Read more ›

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Startups News
Nickie Louise @ Startups News · 01/12/2023 11:42 EDT

JP Morgan paid $175 million to acquire college financial aid startup Frank only to shut it down over a year later after reports of fake accounts

Really? JP Morgan acquired college financial aid platform Frank in 2021 for a whopping $175 million only to shut it down a little over a year later. So, what went wrong? In September 2021, JPMorgan Chase acquired the college financial aid ... Read more ›

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