Hindenburg Research, the US-based short-seller known for its impact on the Adani Group, has announced its closure. 'Kitne Ghazi Aaye, Kitne Ghazi Gaye' – Adani Group CFO after Hindenburg announces shutdownhttps://t.co/jSXzb3zBud — ET NOW (@ETNOWlive) January 16, 2025 Founder Nate Anderson cited the completion of their investigative goals and a desire for work-life balance as ... Read more ›
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African startups raised $2.01 billion across 182 deals in 2024, marking a 30.7% drop from the $2.9 billion raised in 2023. The number of deals also fell by 30.8%, from 263 in 2023 to 182 in 2024. Funding activity was heavily weighted toward the second half of the year. The latter half accounted for $1.3 ... Read more ›
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India has emerged as a global hub for innovation and entrepreneurship, thanks largely to the government’s Startup India initiative. Launched in 2016, Startup India has been a cornerstone in reshaping India’s entrepreneurial landscape, fostering a culture of innovation, and positioning the country as a prominent player on the world stage. Today, India is home to ... Read more ›
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NVIDIA has announced significant updates to its DLSS technology for the GeForce RTX 40 series GPUs. The improvements promise superior frame generation and reduced VRAM usage. The Frame Generation technique, initially released with DLSS 3.0 for RTX 40 series GPUs, will now use an upgraded AI model. This update aims to boost performance, decrease latency, ... Read more ›
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Stocks fell on Monday as investors reassessed expectations for interest rate cuts this year following a strong U.S. jobs report. The S&P 500 erased an earlier fall to rise 0.2%, while the Dow Jones Industrial Average climbed 0.9%. However, weakness in Big Tech stocks dragged the Nasdaq composite down 0.4%. Nvidia, Apple, and Meta Platforms ... Read more ›
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The Pokémon Trading Card Game (TCG) is facing significant challenges as new products sell out to scalpers in mere seconds, leaving the hobby in real trouble. Pre-orders for the recently announced Journey Together set sold out instantly on the Pokémon Center website in both the UK and US. Products were marked as “UNAVAILABLE” the moment ... Read more ›
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Infinite Reality, a Florida-based XR company, has secured a staggering $3 billion in its latest funding round. The investment comes from an undisclosed private investor specializing in global technology and real estate. This significant funding will support Infinite Reality’s expansion plans for 2024, including acquisitions, partnerships, and product launches. Infinite Reality’s platform allows users to ... Read more ›
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U.S. employers added 256,000 jobs in December, pushing the unemployment rate down to 4.1 percent. This robust gain surpassed forecasts and marked a strong conclusion to a year of economic turbulence. The Labor Department’s report on Friday showed the labor market overcame a summer slowdown and disruptions from labor strikes and storms in the fall. ... Read more ›
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Palantir, Nvidia and Rigetti Computing were among the tech stocks that dropped on Monday as investors took profits and dumped more speculative names amid rising interest rates. The sell-off comes as the 10-year Treasury yield touched its highest level since late 2023 on Monday. A strong jobs report on Friday cast doubt over whether the ... Read more ›
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FireDome, an Israeli startup, is developing an innovative fire protection system to combat wildfires. The system is inspired by the Iron Dome, Israel’s renowned missile defense technology. The company’s founder, Gadi Benjamini, said the system will use capsules filled with an extinguishing liquid to tackle fire outbreaks. When a fire threat is detected, a stationary ... Read more ›
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Sony has launched a new sale on the PlayStation Store, offering discounts on over 1,400 PS5 and PS4 titles. The sale, which starts today, runs until January 29th, 2025. Some of the standout deals include games like “Lost Judgement,” “Ratchet and Clank,” and “Gran Turismo 7.” Users have been discussing various games featured in the ... Read more ›
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Chris and Will Donnelly launched Lottie in 2021 after struggling to find suitable care for their grandmother. The platform was originally envisioned as a “Rightmove for care homes” but has since evolved into a multi-faceted service designed to revolutionize the care industry. Lottie’s main offering is a marketplace that allows families to find carefully vetted ... Read more ›
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Elroy Air, a startup based in South San Francisco, California, has announced significant milestones, new funding, and a leadership change. The company, known for its autonomous hybrid vertical takeoff and landing aircraft called the Chaparral C1, has appointed Andrew Clare as its new CEO. Clare, a former executive at an autonomous vehicle company, brings extensive ... Read more ›
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Startup funding in Africa fell by 25% in 2024 to $2.2 billion. This marks the second year in a row of reduced investment in technology companies on the continent. Kenyan startups attracted the most funding for the second year in a row with $638 million. Nigeria, Egypt, and South Africa together raised $1.2 billion. Two-thirds ... Read more ›
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Blaize, a pioneering AI chip startup, is set to make history as the first of its kind to go public in 2025. The company, founded by former Intel engineers, announced on Monday that it will be listed on the Nasdaq through a SPAC deal on Tuesday. Since its launch in 2011, Blaize has raised an ... Read more ›
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A long-rumored remake of the fourth mainline Elder Scrolls game, The Elder Scrolls 4: Oblivion, is reportedly featuring improvements to various gameplay systems. These improvements include enhanced combat and reworked mechanisms for Stamina, Sneaking, Archery, and Blocking to make the gameplay less frustrating. The remake is being developed using Unreal Engine 5. Updates to the ... Read more ›
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In 2024, the global e-commerce market hit over $6 trillion, which made quick and accurate fulfillment a top priority for businesses of all sizes. Here, every second counts. And having a well-organized space can make all the difference in how quickly orders are picked, packed and shipped. A smart warehouse layout doesn’t just save time—it ... Read more ›
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Nintendo announced that its quirky alarm clock, the Alarmo, will be available to everyone starting in March 2025. The $100 device was previously only accessible to Nintendo Switch Online subscribers through the official Nintendo website. The Alarmo features motion controls that allow users to turn off the alarm by getting up. Nintendo Sound Clock: #Alarmo ... Read more ›
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Online interactions are no longer a question; knowing whether you’re dealing with legitimate or fraudulent companies is very important. Not knowing that may lead to several consequences, such as scams or fraud, which could be dangerous for an individual or another company. Why Fraudulent Companies Are on the Rise? Since digital transactions were introduced, the ... Read more ›
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U.S. stocks closed mixed on Monday. The Dow Jones Industrial Average gained 358 points, or 0.9%. The S&P 500 index clawed back losses to close up 0.16%. However, the tech-heavy Nasdaq ended down 0.38%. Investors sold tech stocks amid expectations for fewer rate cuts this year. Bank of America economists now predict a rate hike ... Read more ›
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18.12.2025 05:27
Last update: 05:20 EDT.
News rating updated: 12:23.
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