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Emerging Tech

Space Metaverse raises $7M to build virtual worlds for arts and commerce

By Kyt Dotson Dec 22, 2021

Space Metaverse today announced it has raised $7 million in a funding round to develop its metaverse project that allows users to design and their own virtual commerce spaces for gaming, arts, fashion, music…

Emerging Tech

PitchBook predicts agtech and AI will lead emerging technology funding in 2022

By Duncan Riley Dec 22, 2021

PitchBook Data Inc., the go-to company for data and research concerning technology companies, today released some interesting emerging technology predictions for 2022 — led, perhaps surprisingly, with agriculture. For the year ahead, PitchBook predicts,…

People

OnlyFans founder steps down, replaced by the company’s marketing chief

By James Farrell Dec 21, 2021

Tim Stokely, the founder of the content subscription service OnlyFans, announced today that he’s relinquishing his position as chief executive and will be replaced by marketing chief Amrapali Gan. Stokely took to Instagram today…

Blockchain

Kraken acquires noncustodial staking services startup Staked

By Duncan Riley Dec 21, 2021

Cryptocurrency exchange Kraken today said it has acquired Stack LLC, a provider of noncustodial staking services. The price of the acquisition was not disclosed but Kraken described it as one of the largest crypto…

Emerging Tech

Meta acquires VR and AR optics technology company ImagineOptix

By Duncan Riley Dec 21, 2021

Meta Platforms Inc. has acquired ImagineOptix Corp., a developer of augmented and virtual reality optics technology designed to overcome optical and optoelectronics challenges in displays. The acquisition was first discovered Dec. 17 by optics analyst…

Security

BlackBerry shares drop despite better-than-expected earnings report

By Duncan Riley Dec 21, 2021

Shares in BlackBerry Ltd. dropped in after-hours trading today despite the company delivering better-than-expected earnings results. For the quarter ended Nov. 30, BlackBerry reported a loss of five cents per share on revenue of…

Emerging Tech

Elon Musk’s Starlink sees average download speeds fall as more users join

By Mike Wheatley Dec 21, 2021

Elon Musk’s satellite internet service Starlink has created lots of excitement around its potential to bring internet connectivity to some of the most remote parts of the world, but if it wants to be…

Infra

China Mobile plans Shanghai listing, seeking to raise $8.8B

By Mike Wheatley Dec 21, 2021

The world’s largest mobile network operator, China Mobile Ltd., is planning to raise up to 56 billion yuan ($8.8 billion) through a listing on Shanghai’s stock exchange. The listing, which would be China’s biggest public…

Cloud

Data management provider Cohesity confidentially files for IPO

By Maria Deutscher Dec 21, 2021

Cohesity Inc., a major data management provider, today announced that it has confidentially with the U.S. Securities and Exchange Commission to go public. The company didn’t go into detail about the planned listing in…

Cloud

Cloud native innovations to be highlighted in AWS Startup Showcase, Jan 26

By Mark Albertson Dec 21, 2021

Innovation in the startup economy comes in many forms. During an ongoing pandemic in which many enterprises continued to operate remotely during 2021, logging in from the home office became standard protocol. However, the…

explore news

Space Metaverse raises $7M to build virtual worlds for arts and commerce

PitchBook predicts agtech and AI will lead emerging technology funding in 2022

OnlyFans founder steps down, replaced by the company’s marketing chief

Kraken acquires noncustodial staking services startup Staked

Meta acquires VR and AR optics technology company ImagineOptix

BlackBerry shares drop despite better-than-expected earnings report

Elon Musk’s Starlink sees average download speeds fall as more users join

China Mobile plans Shanghai listing, seeking to raise $8.8B

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