India’s startup ecosystem has been growing in leaps and bounds in recent years. On the list of successful startups, a new name has taken the lead. Zepto, an AI-driven online learning platform, has recently become India’s first 2023 unicorn startup. It has received a fresh funding of $200 million. The Mumbai-based startup was founded in… Continue reading Zepto becomes India’s first 2023 unicorn with $200 million fresh funding
Category: million
platform CakeResume
CakeResume, a Taiwan-based job platform that connects employers with job seekers, has announced that it has raised $5 million in fresh funding. The new funding, which was a Series B round, was led by Japanese investor Global Brain with participation from U.S. investor A.Capital Ventures and returning investors WI Harper Group and Cherubic Ventures. CakeResume… Continue reading platform CakeResume
USDA announces $667 million in rural broadband funding
The U.S. Department of Agriculture (USDA) recently announced an unprecedented investment of $667 million into rural broadband projects across the country. This investment will help to bring much-needed internet access to thousands of rural communities in 48 states. The USDA’s rural broadband funding initiative is part of an effort to make America’s rural communities more… Continue reading USDA announces $667 million in rural broadband funding
Elden Ring player loses 10 million runes to fall damage after grinding for 2 days
In a major setback for an Elder Ring player, he has reportedly lost 10 million runes to fall damage after grinding for two days. The player, who has chosen to remain anonymous, was attempting to traverse a dangerous chasm in the game when he slipped and plummeted to the ground. The massive fall cost him… Continue reading Elden Ring player loses 10 million runes to fall damage after grinding for 2 days
Jumia expects
Jumia, the e-commerce and on-demand services provider, has released its third-quarter financials, which show that the company expects losses this year not to exceed $100 million. This marks an improvement from earlier expectations of an even higher loss. Jumia, founded in 2012 in Nigeria, is the largest e-commerce provider in Africa. Since its inception, the… Continue reading Jumia expects
Verizon is shutting down the videoconferencing app it bought for $400 million
On Wednesday, May 5th, 2021, Verizon announced it was ceasing operations for its videoconferencing app, BlueJeans. The now-defunct app was acquired back in April of 2019 in a $400 million deal, part of Verizon’s efforts to become a major player in the growing videoconferencing industry. BlueJeans was designed to be a comprehensive video conferencing platform… Continue reading Verizon is shutting down the videoconferencing app it bought for $400 million
Over 100 Million Americans Under Severe Storm Watch
As we approach the peak of summer, one thing is certain—severe storms are inevitable in many parts of the country. Already this season, massive storms have ripped through the Midwest and Southeast, flooding homes and destroying properties. Now, over 100 million Americans are under a severe storm watch due to an approaching system that could… Continue reading Over 100 Million Americans Under Severe Storm Watch
Financial sells
One of the largest digital payment companies in India, Paytm, recently got some important news. Ant Financial, a major stakeholder in Paytm, has sold its massive stake worth $628 million to Paytm’s founder, Vijay Shekhar Sharma, in a no-cash deal. This news comes after Ant Financial increased its stake in Paytm last year in January… Continue reading Financial sells
Massive Extinct Whale May Be the Heaviest Animal Ever
Recent discoveries in fossils of a long-extinct whale have shown that the prehistoric mammal may have been the largest and heaviest animal ever to exist on Earth. Dubbed “the Leviathan”, this ancient behemoth may have weighed up to 183 tons (165,000 kilograms). That’s almost three times more than the heaviest known living animal, the blue… Continue reading Massive Extinct Whale May Be the Heaviest Animal Ever
Facebook Users Have One Month Left to Get a Piece of That $725 Million Settlement
With Facebook users receiving a piece of the $725 million settlement from a class action lawsuit that was brought forward against the popular social media platform, the deadline is looming close. It’s been almost a year since the settlement was announced and Facebook users have just a month left to get their own share of… Continue reading Facebook Users Have One Month Left to Get a Piece of That $725 Million Settlement