#startups
Startups
Apple is suing its former lead chip designer for founding a startup
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Apple is suing former employee Gerard Williams for allegedly breaching terms of his employment contract and loyalty. Gerard Williams is the former chief architect of iPhone and iPad chips (A-series chips). Due to engaging in activities that are related...
Startups
$4 billion cash acquisition deal between PayPal and Honey
Online payments and money transfer platform PayPal Holdings, Inc has made an agreement with Honey Science Corp, a company that owned Chrome extension honey which helps find the best deals, coupons, and rewards while you are doing online shopping...
Startups
Bunch raises $3.85 million from SuperCell, Tencent, and Riot Games for social gaming
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Bunch, a soical gaming party app, which allows you to play your favorite games with friends in a group with a video chat, has raised $3.85 million in funding from gaming giants like Supercell, Tencent, Miniclip, Riot Games, and Colopl...
Startups
African fintech startup Opera’s OPay received $120 million in funding from Chinese investors
Incubated by Opera, famous for its web browser, Africa-based startup OperaPay, widely known as OPay, has gained $120M from the Chinese investors in series B round. Along with PalmPay, OPay is now one of the most funded fintech startups in Africa. Series B investors...
Google
Google to start the accelerator program for climate change startups 🚀
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Google is planning to launch an accelerator program to support the startups working to measure climate change, environment, sustainability, and similar projects. Kate Brandt, Chief Sustainability Officer at Google, while attending the Web Summit 2019 tech event in Lisbon,...
World
Indian Startups have raised $11.3B this year; a record
With two months left in 2019, Indian tech startups are already having a great year as a record amount of $11.3B has flown into the local ecosystem of the country, as reported by TechCrunch. This is the first time that...
Startups
SoftBank to take charge of WeWork
WeWork, an American commercial real estate company that provides shared workspaces for technology startups, founded in 2010. Eventually, after the ouster of its Co-founder Adam Neumann, the company lost its valuation from heft $47 billion to $7.5 billion, as...
Business
WeWork to lay-off 2,000 employees; amid IPO crisis
WeWork planned to cut 2,000 jobs at the end of October 2019 after the failed IPO. WeWork — an American commercial real estate company that provides co-working space to companies and startups was founded in 2010. The company has...
Latest News
A Rundown of AI Gaffes in 2024
In 2024, several AI systems encountered significant gaffes. Chatbots provided misleading information on sensitive topics, and AI generated racially...