Photo: CoinspeakerTechnology innovation startup GitLab which operates fully remotely has raised $268 Million in series E funding ahead of the planned IPO. This was revealed on Tuesday the 17th of September by the company. This brings to $426 Million the total amount invested since 2015 and the $2.75 Billion the total valuation of the company which is more than twice the valuation when last year’s $100 Million series D funding took place. It was led by Goldman Sachs and Iconic...
Read More »Bill Gates Added $16B to 2019 Net Worth Despite Giving $35B to Charity, Says Bloomberg
Principal Founder of the Microsoft Corporation, Bill Gates, has been very popular for many years not just for his contribution to the tech space but is also known far and wide for how much wealth he’s been able to amass over the years.Gates who is also known for his many humanitarian efforts including consistent philanthropy, gave away more than $35 billion of his wealth to charity in 2019 alone, according to Bloomberg. Regardless of this, Gates still added $16 billion to his net worth in...
Read More »Apple Arcade Gaming Platform Is Now Available for iOS 13 Ahead of Official Launch
Apple released its much-anticipated gaming service Apple Arcade a few days earlier than the expected date of 19th September. However, it is only available for users who are on the iOS 13 public beta and will probably be available to all other iOS platforms on the original expected date.At the moment, iOS 13 users will easily be able to sign up on the service and have the opportunity to pay a monthly subscription fee but enjoy the service for free, for a month. On the App Store, interested...
Read More »WeWorks’ IPO to be Delayed Amidst Corporate Governance Issues
Finally, after much expectation that it would occur, it is hoped by the investment and venture capital community that the We Company owners of corporate space company WeWork would put its plans for its Initial Public Offering on hold. This comes after serious doubt existed as to the original valuation of the company which went down sharply from $47 Billion to less than $15 Billion in recent weeks.The Wall Street Journal reports that investors had already started to query the initial valuation...
Read More »Vivo Releases Nex 3 5G Which Feels More Like a Samsung Galaxy Note 10 With a Few Perks
Vivo’s Nex 3 is finally out. This has come after so much speculation about what exactly makes the new Android device tick. The Nex 3 comes with quite a bit of features that make it seem very much like Samsung’s Galaxy Note 10; only that feels like the Galaxy Note 10 on steroids.The New Curved Shaped Screen is Something Else and Lots MoreThe Nex 3’s curved display is the first smartphone to come to the market with the screen curved and slope off on both sides in such a way that no space exists...
Read More »Wi-Fi Alliance Launches Wi-Fi 6 Certification for 4x Faster Speeds
With a massive surge in global data consumption over the last few years, internet users are constantly looking for a faster wifi connection to stream high-quality and rich content. In the latest development, the WiFi Alliance, which looks after the implementation of WiFi standards, launched a new Wifi 6 certification program.It’s here: Wi-Fi CERTIFIED 6 from Wi-Fi Alliance is now available, bringing advanced capabilities for greater overall #WiFi network performance. Learn more about an...
Read More »Bitcoin Rally Will Come Only After Surge in S&P 500 Stocks, Says Fundstrat’s Tom Lee
The cryptocurrency market is purported to be a break from the traditional markets, especially because of its decentralization. There is also the fact that global financial policies or unfavorable financial climate, which heavily affects traditional financial assets, do not have the same effects on the digital currency markets. However, even with all the dissimilarities, popular Wall Street strategist Tom Lee has drawn a parallel between the traditional stock market and the cryptocurrency...
Read More »Fintech Northmill Gets Banking License: Should Revolut, N26, and Others Be Worried?
Northmill is a Sweden-based fintech company, which, up until now, has been offering cloud-based financial services under the slogan “building the bank of tomorrow.” Since 2017 the company has been working closely with the SFSA to become a fully regulated bank. While some might think that such a rival newcomer can’t do a thing to industry giants like Revolut and N26, Northmill currently offers a consumer-focused product that could lure in potential clients from its competitors.The company...
Read More »Over Twenty Central Banks to Discuss Facebook’s Libra With the Libra Association
As per the Financial Times report, members of the Libra Association will have a discussion today with 26 officials from global central banks as well as the Bank of England and the U.S. Federal Reserve. The discussions are likely to happen on the lines of Facebook‘s work on handling global regulations while maintaining absolute transparency and monetary security of Libra users.A European Central Bank’s (ECB) Executive Board member, Benoît Coeuré said that today’s meeting will be held in Basel,...
Read More »New iPhone 11 Could Become Apple’s Next Best-Selling Product in China
It seems that this year will be a boom period for Apple Inc. as both high end and low-end spectrums of its phones are having a great reception albeit in two different continents and markets. Feelers coming in from Apples’ preorders in China indicate that the iPhone 11 might just become just the device that Apple needs to drive sales this year. The Chinese market has already chosen the iPhone 11 as the most popular Apple product this year.Natural Attraction or Business Gimmick?Usually, the...
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