Two days ago, about $1 billion worth of bitcoin that had sat dormant since the seizure of the Silk Road marketplace in 2013, one of the biggest underground drug websites on the dark web, suddenly changed hands. Who took it? Mystery over. It was the U.S. government. In a statement Thursday, the Justice Department confirmed […]
Building a SaaS company from the ground up is never easy. In fact, it's generally a grueling, all-consuming process that strains every fiber in your being.
A small wrinkle in the console wars. Sony took to Twitter today to note that the PlayStation 5 won’t be available for in-store purchases on launch day (November 12 or 19, depending on what part of the world you live in). Instead, users will only be able to but it online at that date. The […]
It’s hard to imagine anything more thrilling than turning science fiction into science fact. If you’re forging new frontier technology — or ready to tackle the challenge — then join a growing, global community of startup visionaries at TC Sessions: Space 2020, on December 16-17. Take advantage of early-bird pricing and secure your seat at […]
The Department of Justice has filed an antitrust lawsuit challenging Visa’s proposed $5.3 billion acquisition of Plaid . News of the DOJ’s investigation first broke last month. “By acquiring Plaid, Visa would eliminate a nascent competitive threat that would likely result in substantial savings and more innovative online debit services for merchants and consumers,” the […]
When Alibaba entered the cloud infrastructure market in earnest in 2015 it had ambitious goals, and it has been growing steadily. Today, the Chinese ecommerce giant announced quarterly cloud revenue of $2.194 billion. With that number, it has passed IBM’s $1.65 billion revenue result (according to Synergy Research market share numbers), a significant milestone. But […]
Meditation app Calm’s brilliant and hilarious marketing campaign that saw it sponsoring CNN’s coverage of the 2020 U.S. Presidential Election results this week seems to have paid off for the business. The app, which today offers mindful meditations, peaceful sounds and sleep stories, had flashed on screen during CNN’s “Key Race Alert” coverage, reminding users […]
WhatsApp, which began testing its payments service in India with 1 million users in early 2018, can finally start to expand the feature to more users in the world’s second largest internet market. National Payments Corporation of India (NPCI), the body that operates the widely popular UPI payments infrastructure, said on Thursday evening that it […]
The race is on to build more efficient chip technology for faster and less power-intensive computing, and today an innovative startup that’s built one solution based on in-package optical interconnect (optical I/O) technology is announcing a round of growth funding from a number of strategic investors that speaks to how its approach is getting traction. […]
Google and Walmart have a new challenge ahead of them as they race to expand the reach of their payments apps in India: They won’t be permitted to grow beyond a limit. National Payments Corporation of India (NPCI), the body that operates the widely popular UPI payments infrastructure, said Thursday evening that it will enforce […]
Almost on command after we asked yesterday if a rash of technology IPOs were about to land, news broke that Airbnb plans to drop its S-1 filing early next week with a December roadshow. The document will be of intense interest for shareholders — as well as public investors who hope to purchase shares in the […]
How-to videos have been some of the most popular content on YouTube over the years, and now, to grow engagement and the pool of users that it appeals to, the upstart video app TikTok is getting in on the action, too. After launching a dedicated “Learn On TikTok” hashtag (#LearnOnTikTok) earlier this summer with a […]
Nvidia is bringing Fortnite back to iPhones and iPads, according to a report from the BBC. The British news service is reporting that Nvidia has developed a version of its GeForce cloud gaming service that runs on Safari. The development means that Fortnite gamers can play the Epic Games title off of servers run by […]
Atlanta-based Kobiton, a mobile testing platform that allows developers and QA teams to test their apps on real devices, both on their own desks and through the company’s cloud-based service, today announced that it has acquired Mobile Labs, another Atlanta-based mobile testing service. To finance the acquisition of its well-funded competitor, Kobiton raised a $14 […]
Arriving seven years after the Xbox One first launched, the new Microsoft Xbox Series X console lands in a different world and a very different Xbox ecosystem. Microsoft is embracing subscription bundling with its Game Pass service and cloud-streaming with xCloud, nevertheless they are still committed to building huge metal boxes with tremendous power designed […]
The UK’s data watchdog is facing a legal challenge after it took the decision to quietly close a complaint against the adtech industry’s high velocity background trading of personal data. The legal challenge was reported earlier by Politico. The original complaint — challenging the adtech industry’s compliance with Europe’s General Data Protection Regulation (GDPR) — […]
As we’ve seen, some startups are pivoting to re-model themselves for the radically different world of the COVID-19 pandemic. But others literally turned out to have a business model which, although they could never have realized it at the time, might have been (almost) tailored-made for this era. A fascinating example of this is SaaS […]
SpaceX is set to launch the U.S. Space Force’s GPS III Space Vehicle 04 today from Cape Canaveral Air Force Station in Florida. This launch was all set to take off back at the beginning of October, but was scrubbed in the final seconds. Today’s launch window spans 15 minutes, and opens at 6:24 PM […]
Despite being relatively new to market, this investment category has quickly become one of the most active. It has also become one of the most confusing.