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Nickie Louise @ Startups News 2 place · 12/19/2022 08:35 EDT

Twitter users voted for Elon Musk to step down as CEO

Twitter users have voted for Elon Musk to step down from the helm of affairs of the company. Over the weekend, Musk asked users if he should step down as the head of the company. The result came in 24 hours ... Read more ›

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Startups News
Daniel Levi @ Startups News · 12/19/2022 08:05 EDT

The developers that are changing the face of mobile gaming

Mobile gaming is booming right now. In fact, mobile gaming revenue, which is estimated to be at $98.22 billion by the end of the year, now accounts for more than half of the total games industry revenues. People aren’t just ... Read more ›

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Startups News
Nickie Louise @ Startups News 1 place · 12/16/2022 17:48 EDT

Twitter banned a wave of left-wing journalists and ‘Big Tech’ are now crying foul

What a difference two years make! For years, big tech companies including Google, Facebook’s Meta, and Twitter have been accused of using their monopoly power to silence and punish dissents. But in the case of Twitter, that all changed in ... Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 12/16/2022 13:25 EDT

Former Twitter employee sentenced to 3.5 years in prison for wire fraud, money laundering, and spying

Ahmad Abouammo, a former Twitter employee, was found guilty of spying on users on behalf of the Saudi royal family. He was sentenced to three and a half years in federal prison for acting as a foreign agent without notice. ... Read more ›

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Startups News
Nickie Louise @ Startups News 1 place · 12/16/2022 10:47 EDT

TuSimple appoints CFO after firing co-founder and CEO Xiaodi Hou due to links to a Chinese startup

TuSimple announced today it has appointed interim financial chief Eric Tapia on a permanent basis and reconstituted its audit committee. The announcement comes weeks after the autonomous-driving trucking company fired its co-founder and CEO Xiaodi Hou after an internal probe revealed links to ... Read more ›

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Startups News
Daniel Levi @ Startups News 2 place · 12/16/2022 09:19 EDT

Is Binance in trouble? Binance proof-of-reserves auditor Mazars Group suspends all work with crypto clients including Binance, Crypto.com, and KuCoin 

Is another trouble brewing in crypto land? That’s the question everyone is asking after the global accounting firm Mazars Group suddenly suspended all work with its crypto clients including Binance, Crypto.com, and KuCoin. The decision to cut ties with these leading ... Read more ›

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Startups News
Daniel Levi @ Startups News 3 place · 12/16/2022 08:45 EDT

DeFi industry is poised for institutional adoption and rapid acceleration, HashKey Capital report reveals

Despite the ongoing crypto winter and the news about the collapse of the crypto exchange FTX, the decentralized finance (DeFi) industry continues to weather the storm of the global economic slowdown. DeFi adoption has increased in the past two years as the ... Read more ›

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Startups News
Jordan Smith @ Startups News · 12/15/2022 16:54 EDT

Winners of Polkastarter GAM3 Awards Crowned at Live Ceremony

The winners of the Polkastarter GAM3 Awards, dubbed the Grammys for web3 gaming, have been crowned. The 16 winners were revealed at a live event on December 15, marking the conclusion of the inaugural industry awards. The GAM3 Awards Game ... Read more ›

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Startups News
Daniel Levi @ Startups News · 12/15/2022 12:47 EDT

OpenAI, the maker of the popular ChatGPT founded by Elon Musk and Sam Altman, projects $1B in revenue by 2024

It’s been called a Google killer. ChatGPT is the new chatbot-powered AI is the latest from the Elon Musk-founded independent research body OpenAI foundation. ChatGPT took the internet by storm as thousands of users rave about the dialogue-based AI chatbot on ... Read more ›

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Startups News
Daniel Levi @ Startups News · 12/15/2022 10:59 EDT

Blockchain startup Orbs launches the TON Verifier to verify the ecosystem’s smart contracts code

It has been four years since we last covered Orbs, a blockchain platform that serves as a decentralized execution layer between existing layer-1 and layer-2 chains and the application layer. Back then, Orbs raised $118 million to fund the development of its ... Read more ›

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Startups News
Daniel Levi @ Startups News · 12/15/2022 10:51 EDT

Open XDR innovator Stellar Cyber integrates with Deep Instinct for its unmatched attack prevention technology

Silicon Valley-based Open XDR innovator Stellar Cyber and New York-based cybersecurity company Deep Instinct have announced the integration of their protective solutions. The collaboration will provide even more accurate detection, better response, and prevention of cyberattacks such as ransomware and ... Read more ›

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Startups News
Daniel Levi @ Startups News · 12/15/2022 10:39 EDT

FTX founder Sam Bankman-Fried, who is now in Bahamas prison until Feb. 8, 2023, indicted on 8 criminal charges and could face up to 115 years in prison

After six weeks of inaction, FTX investors can now breathe a sigh of relief that the disgraced FTX founder Sam Bankman-Fried (SBF) will soon be brought to justice. He was arrested at his home in the Bahamas on Monday. Yesterday, Chief ... Read more ›

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Startups News
Nickie Louise @ Startups News · 12/15/2022 09:43 EDT

Microsoft and SpaceX’s rival Viasat join forces to deliver internet access to 10 million people globally

About half of the people in the world are not connected to the internet. Nearly 3.8 billion people don’t have access to the internet, and many more lack what we would consider meaningful access. The unconnected are missing out but ... Read more ›

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Startups News
Nickie Louise @ Startups News 1 place · 12/15/2022 08:57 EDT

Southeast Asia’s biggest ride-hailing and food delivery firm Grab to freeze hiring amid global economic uncertainty

Tech layoffs are rising around the world as companies cut costs to cope with uncertain global economic challenges. Mass layoffs, which started early this year in the United States and later in Europe, have now spread to Asia. Early this month, Indonesia’s ... Read more ›

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Startups News
Daniel Levi @ Startups News · 12/14/2022 14:47 EDT

Rotor AI achieves the first flight for uncrewed firefighting helicopter

Rotor Technologies, Inc.’s uncrewed helicopter prototype achieved its first flight on 2 December 2022 at the FAA’s New York UAS test site after receiving experimental certification on 30 November 2022. Rotor’s team of MIT scientists is combining flight control algorithms, ... Read more ›

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Startups News
Daniel Levi @ Startups News 2 place · 12/14/2022 14:08 EDT

Twitter shuts down Revue, a newsletter platform it acquired two years ago to help writers monetize their followers

Twitter is shutting down Revue, a newsletter platform the social giant acquired two years ago.  Twitter acquired the Substack-competitor Revue and email newsletter startup in January 2021. The platform helped attract writes and users to make money from their followers through the ... Read more ›

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Startups News
Daniel Levi @ Startups News 2 place · 12/14/2022 13:32 EDT

Clean energy startup SmartHelio raises $5M to monitor your solar panels and save you from costly repair costs

Globally, millions of people have turned to solar energy as part of the effort to reduce global warming, which causes climate change. However, unknown to many, it’s light, not heat, that generates electricity. Too much heat is actually bad for ... Read more ›

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Startups News
Nickie Louise @ Startups News · 12/14/2022 11:44 EDT

Visa to invest $1 billion in Africa over the next 5 years to cash in on digital payments boom

Africa has seen an explosion in digital payments over the past five years, thanks to the penetration of smartphone devices on the continent. Research firm Statista estimates that the total value of e-commerce in Africa generated $16.5 billion in 2017 ... Read more ›

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Startups News
Nickie Louise @ Startups News · 12/14/2022 10:09 EDT

AI as a Service tech startup Jaid lands £3 million in funding to empower companies and teams

ChatGPT took the internet by storm late last month after Open AI launched the dialogue-based AI chatbot. ChatGPT’s popularity has not only brought AI into mainstream technology but also reignited the conversation about how AI is going to permeate every aspect of ... Read more ›

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Startups News
Nickie Louise @ Startups News · 12/14/2022 09:07 EDT

This accelerator wants to ease the vet shortage with helpful pet tech and funding for pet care startups

Currently, the United States is suffering a shortage of both veterinarians and their vet techs. Adding this to the rising costs of pet care, one of the smartest things for pet parents to do is to focus on prevention. It’s ... Read more ›

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