Google nears $23B deal for cybersecurity startup Wiz: report
Google’s parent company Alphabet is reportedly in talks to acquire cybersecurity startup Wizz for around $23 billion. Wall Street Journal report Monday. If the deal goes through, it would be the tech giant’s largest acquisition ever. The move comes as Alphabet and other tech companies face increased antitrust scrutiny, and the acquisition could also help […]
DAVID BLACKMON: Bonfire Of The E-Vanities: Bankrupt EV Start-Up Fire-Selling Remaining Inventory
Hey, want a cheap Fisker Ocean EV? Want a bunch of them? All you need is $2,500 in cash for a few hundred of Fisker’s remaining inventory of damaged Ocean SUVs, and they are yours! Bankrupt pure-play battery electric-vehicle maker Fisker, desperate to raise cash to keep what remains of its operations open as it goes […]
Wedding planners cry foul as The Knot adds startup Simply Eloped to online empire
The Knot has quietly acquired a startup called Simply Eloped, raising concerns that the controversial company has too much control over the wedding planning industry, The Washington Post reports. Simply Eloped says it will connect couples with pre-approved vendors like officiants, videographers and photographers for intimate ceremonies of 20 guests or fewer, and joins an […]
Amazon probing AI startup Perplexity for scraping sites without permission
Amazon is investigating the controversial AI startup Perplexity for allegedly violating its cloud division’s rules by improperly “scraping” content from other websites without permission, according to a report on Friday. Perplexity, which was recently valued at $3 billion, is said to be ignoring a well-known web standard called the Robots Exclusion Protocol (commonly known as […]
Crypto startup funding eclipses $100B – Cointelegraph
Since the end of May 2014, over $100 billion has been raised for cryptocurrency startups. Looking back, there have been ups and downs amid regulatory uncertainty and market volatility, but the past four years have seen both upper and lower limits raised, even as peaks and troughs continue. data sauce According to a report by […]
US charges executives at ADHD startup in $100 million Adderall fraud
Johan Hari, author of “The Magic Pill: The Surprising Benefits and Disturbing Risks of the New Weight-Loss Drug,” talks on “The Big Money Show” about the side effects of drugs like Ozempic and Wegovy. The founder and top doctor of a San Francisco-based telemedicine startup U.S. Department of Justice He was arrested Thursday on charges […]
Musk’s Neuralink brain chip startup seeks to enroll 3 patients in study
Elon Musk’s brain chip company Neuralink is looking to enroll three participants to evaluate its implant in a study that could last five years or more. Neuralink is recruiting three paralyzed patients to test the safety and functionality of the device in people with spinal cord injuries. According to the details It was published in […]
Elon Musk’s startup xAI announces $6 billion fundraising round
Elon Musk is pooling cash for his own AI startup, escalating the artificial intelligence arms race with his former colleagues at OpenAI. Tesla tycoon’s company xAI — Powering the sarcastic Grok chatbot — It announced it had raised $6 billion on Sunday The company has raised a new funding round, raising investment from venture capital […]
NYC startup Gravity plots network of curbside car-charging ‘trees’
A New York-based electric vehicle startup wants to plant a network of super-efficient roadside “trees” along the city’s busiest roads that can charge car batteries in just five minutes. Google-backed Gravity developed the fast-charging technology already in use at its flagship station in the West 42nd Street parking garage. Now Gravity CEO Moshe Cohen is […]
The Key to Creating a Thriving Startup Ecosystem
a report Startups and business creation are booming across the United States, with the number of startups surging in 2022 and 2023, exceeding pre-Great Recession levels, according to a recent report from the Center for American Progress. Nationally, the number of businesses less than a year old has increased by 16%, and that growth shows […]