Tag Archives: News

On Thursday, after Facebook announced its new Threads app, Snap Inc. (SNAP) stock fell up to 7%. Facebook’s latest attempt to clone features already being used by Snapchat is only one of many, which has since pitched both social media giants together in the public eye.Even though Threads is a stand-alone app, it allows users already on Instagram to exchange status updates and media including photos and videos, to specific people who make up their “close friends”, an Instagram feature which...

Bird, a startup that rents out electric scooters, has acquired an extra $275 million in Series D funding round led by CDPQ and Sequoia Capital. After raising that amount at a valuation of $2.5 billion, the company claims that is a testament to its effort to improve its unit economics.Notably, the new funding raises Bird’s post-money valuation to almost $2.8 billion. This funding round comes just a few months after reports emerged that Bird wanted to raise a Series D round at a $2.5 billion...

Bitcoin cash price is currently correcting higher after testing the 200 support against the US Dollar.The price is facing a lot of hurdles on the upside near $240 and $250.There is a key bearish trend line forming with resistance near $240 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could test the $240 and $250 resistance before it resumes its decline in the near term.Bitcoin cash price is trading in a bearish zone below $250 against the US Dollar. If BCH/USD...

Internet advertising startup IronSource has reportedly raised over $400m in fresh capital from the prestigious investment firm CVC Capital Partners which has in exchange acquired a 25% minority stake in the firm. As indicated by sources, the firm is now valued at around $1.55 Billion which represents a coming of age for the Israeli technology company.Before now, the company has raised capital from various partners who enabled it to gain a foothold in the mobile app monetization market. From...

Although Apple is making an aggressive move in the fintech and global payments industry, the tech giant has no plans to step in the crypto space for now. Apple Inc’s chief executive officer Tim Cook recently said that his company has no plans to launch its own digital currency.During an interview with French financial newspaper Les Echos, Cook said that matters related to currency should remain in the hands of countries and their respective governments. He added:“I really think that a...

Photo: MicrosoftOn Thursday we reported of Microsoft unveiling its next generation of Surface devices including the dual-screen Surface Neo tablet and the Microsoft Surface Duo, a smaller device that seems to be for all intents and purposes a new Microsoft foldable phone.We also said that Surface Duo will have Android instead of Windows OS. However, Neo will brag with the new variation of Microsoft’s operating system to keep track of: Windows 10X.Microsoft is constantly trying to push its...

Photo: Taboola / TwitterAdvertising company Taboola and its competitor, web advertising platform Outbrain announced they are merging, forming one company. Even though this is a mutual company, it will nevertheless be called Taboola, and Taboola’s founder Adam Singolda will act as its CEO.Taboola is said to pay Outbrain investors $250 million in cash plus a 30% share of the combined companies.The main goal is to widen its customer list that should now have more than 20.000 online properties...

It would seem like crypto and politics don’t always go together, but thanks to Agatha Bacelar, this is potentially changing.Bacelar: Crypto Is a Solid ToolAgatha is a 27-year-old Brazilian immigrant in San Francisco. She’s currently challenging current Representative and Speaker of the House Nancy Pelosi for a spot in the American Congress. What’s her big claim to fame? She’s accepting crypto payments through Coinbase from those looking to fund her campaign.Bacelar has a set a crypto funding...

Founded in 2017, ASR Cryptotechnology is a blockchain startup that is building a result-driven smart contract platform. It is headquartered in Czech Republic, and the main aim of its activity is to offer business solutions that can satisfy the modern needs of the world that is now focused on such processes as tokenization and blockchain adoption.Aerum BlockchainThe company has introduced blockchain that is named Aerum. It is driven by the ATMOS 1.0 protocol which is a special cross-chain...

Some people don’t seem to enjoy bitcoin no matter how far it goes, but when one of those people is Jared Kenna – a man who ultimately got rich off of it – the odds don’t look too great.Jared Kenna Discusses His “Bitcoin Plight”Kenna is one of bitcoin’s earliest millionaires, but his presence within the crypto tech world has ultimately faded over the past three years. This has been for several reasons, the biggest one being that he’s lost his “love for the industry,” according to a recent...