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Blockchain

Blockchain-enabled remittance startup Almond Finance raises $2M

By Kyt Dotson Dec 28, 2021

Almond Finance, a blockchain-based startup enabling cross-border funds transfers using mobile wallets, announced Monday it has raised $2 million in a seed funding round led by Morningside Group. The company uses blockchain technology, a…

Emerging Tech

OneWeb launches 36 satellites into space as it aims to take on Elon Musk’s Starlink

By Mike Wheatley Dec 27, 2021

British satellite constellation firm OneWeb Ltd. successfully blasted 36 more communications satellites into orbit from the Baikonur cosmodrome in Kazakhstan today. The company has been launching satellites into space on a regular basis this…

Emerging Tech

In a win for Meta, Oculus app tops App Store rankings at Christmas

By Duncan Riley Dec 27, 2021

Meta Platform Inc.’s ambitions to make the metaverse and virtual reality mainstream have gotten a boost as the Oculus app became the most popular app on Apple Inc.’s App Store on Christmas Day. The…

Policy

Activist investor Starboard Value targets GoDaddy after buying 6.5% stake

By Mike Wheatley Dec 27, 2021

The well-known activist investor firm Starboard Value LP is targeting the web services provider GoDaddy Inc. for a shakeup after acquiring a 6.5% stake in the company. That’s according to a regulatory filing with…

Emerging Tech

Microsoft patent shows possible Surface Trio with three screens

By Duncan Riley Dec 27, 2021

Microsoft Corp. has filed a patent for a three-panel foldable device that would presumably be a “Surface Trio” if it ever comes to market. Discovered today by Patently Apple, the patent was first filed…

Policy

Didi’s share price drops as it indefinitely bans employees from offloading its stock

By Mike Wheatley Dec 27, 2021

Shares in the Chinese ride-hailing app Didi Global Inc. took another beating today following a report by the Financial Times that claims current and former employees at the firm have been banned from selling…

Cloud

Zoom buys Liminal assets to boost its virtual event capabilities

By Mike Wheatley Dec 27, 2021

Looking to become the hub for online events, Zoom Video Communications Inc. said today it has acquired key assets from a startup called Liminal that builds add-ons for the Zoom platform. Liminal’s add-ons, known…

Security

Photo services giant Shutterfly suffers ransomware attack

By Maria Deutscher Dec 27, 2021

Shutterfly LLC, the operator of several popular e-commerce services focused on the photography market, has suffered a ransomware attack. The breach was first reported by Bleeping Computer this morning. According to the publication, the…

Emerging Tech

Report: Meta boosts metaverse push with help of synthetic data startup AI.Reverie

By Maria Deutscher Dec 27, 2021

Meta Platforms Inc. will will draw on its acquisition of synthetic data startup AI.Reverie, which closed earlier this year, to support its metaverse development efforts. The Financial Times reported Meta’s plans on Friday. The…

Blockchain

Crypto exchange Kraken wants to let people borrow against their NFTs

By Kyt Dotson Dec 27, 2021

Cryptocurrency exchange Kraken is developing a way for people to use nonfungible tokens as collateral for loans, the exchange’s founder and Chief Executive Jesse Powel told Bloomberg News on Friday in an interview. NFTs are…

all stories

Blockchain-enabled remittance startup Almond Finance raises $2M

OneWeb launches 36 satellites into space as it aims to take on Elon Musk’s Starlink

In a win for Meta, Oculus app tops App Store rankings at Christmas

Activist investor Starboard Value targets GoDaddy after buying 6.5% stake

Microsoft patent shows possible Surface Trio with three screens

Zoom buys Liminal assets to boost its virtual event capabilities

Photo services giant Shutterfly suffers ransomware attack

Report: Meta boosts metaverse push with help of synthetic data startup AI.Reverie

Crypto exchange Kraken wants to let people borrow against their NFTs

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