Rise of zombie VCs haunts tech investors as startup valuations plunge

An art exhibition based on the hit TV series “The Walking Dead” in London, England. Ollie Millington | Getty Images For some venture capitalists, we’re approaching a night of the liv...

GSR pledges $10 million to its philanthropic social impact foundation

Published 30 minutes earlier on GSR, the crypto market maker founded by former Goldman Sachs executives, will launch the GSR Foundation with a $10 million pledge the company said will be used to addre...

Toposware Grows Advisory Board With Gaming, Next-Gen Tech, and Engineering Leaders

Former IBM Executive Paul Roma, Electronic Arts’ Martin Wischhusen, and University of Texas’ Dr. Sriram Vishwanath join the protocol amidst key growth period BOSTON–(BUSINESS WIRE)–Toposware, the lead...

A tech founder who didn’t pay employees for months but bought a $16 million private jet has been arrested

Chris Kirchner (far left) stands next to Viktor Hovland of Norway who holds his trophy at the Slync.io Dubai Desert Classic at Emirates Golf Club on January 30, 2022 in Dubai, United Arab Emirates. Fo...

Lufthansa—One Of Europe’s Biggest Airlines—Suffers Tech Outage Causing Flight Delays, Cancellations

Topline German flag carrier Lufthansa suffered a major computer outage on Wednesday, the company announced, triggering a global wave of travel disruption as flights are delayed and canceled while the ...

Warren Buffett’s “buy and hold” rule doesn’t seem to apply to tech stocks

Bending his own rules. Berkshire Hathaway has made a near-total exit from Taiwan Semiconductor Manufacturing Co. (TSMC) just three months after pumping $4.1 billion into the chip manufacturer. Warren ...

OurCrowd Global Investor Summit to Host Tech Business Delegation from Morocco to Israel

40 + delegation includes dozens of startups, venture capitalists, technology incubators and public institutions JERUSALEM–(BUSINESS WIRE)–OurCrowd, the leading venture investing platform and Israel’s ...

Why it may be time to sell the pop in tech stocks: BlackRock

It’s time to take profits on tech stocks — the early sector winner of 2023 — as the Federal Reserve may soon dash hopes for a pivot on interest rates, says Gargi Chaudhuri, BlackRock’s Hea...

At Tesla and Other Big Tech Firms, It’s Not the Machines But the Assumptions Behind Them Causing Problems

Output of an Artificial Intelligence system from Google Vision, performing Facial Recognition on a … [+] photograph of a man, with facial features identified and facial bounding boxes present, S...

Blockchain tech still far from hitting the esport big leagues, says investor

Small esports tournament organizers have started dabbling in blockchain tech to host tournaments and distribute prize pools. However, don’t expect to see it in the big leagues just yet, says an invest...

Crypto firms are busy adding executive talent, with several recent notable hires

Crypto firms are busy hiring executive talent, especially in the venture space.  Layoffs have been in the headlines since last June, yet some firms have continued to add talent where needed. Her...

Tech Strikes Back — And Cloud Computing Leader Arista Ascends Toward Buy Point

As tech stocks like Nvidia (NVDA) and Mobileye (MBLY) find favor again after an abysmal 2022, cloud computing leader Arista Networks (ANET) ascends toward a new breakout. ANET stock now floats just be...

Brazil’s oldest bank says you can now pay your taxes with crypto

Banco do Brasil, the South American country’s oldest bank, says it’s now possible to do what many blockchain enthusiasts have long wanted — the ability to pay the taxman in crypto. T...

Big Oil raked in record profits last year, but check out Big Tech

If you think oil and gas giants made boatloads of money last year, take a look at Big Tech. In 2022, when investors were falling out of love with high-growth names, four of the U.S’s biggest tec...

What’s SoftBank Without Robots? This Time Tech Investor is Chasing Berkshire Grey

(Bloomberg) — SoftBank Group Corp. offered to buy all shares in robot maker Berkshire Grey Inc. it doesn’t already own in a $218 million deal, in a foray into logistics automation after halting ...

Marc Andreessen: Ethereum and Web3 Lead Bitcoin on Tech Innovation

Marc Andreessen, best known for co-founding web browser Netscape and Silicon Valley venture capital fund a16z, is still invested in the crypto industry, even though his expectations around Bitcoin did...

China Launches New Research Center Focusing on Blockchain Tech

11 hours ago | 2 mins read Blockchain News The centre in China has received approval from the Ministry of Science and Technology. The primary goals of the research center are on studying the technolog...

Stable Tech N.V. celebrates first milestone as 100 affiliate deals closed

CoinSlotty.com has announced that the team has broken the first milestone in their 2023 roadmap – the closure of 100 affiliate deals. To celebrate the occasion, their marketing team decided to shower ...

Github To Layoff 10% Of Global Workforce In Latest Tech Cuts

(Photo Illustration by Chesnot/Getty Images) Getty Images Key takeaways Github will be cutting their staff numbers by 10%, equating to around 300 full time employees CEO Thomas Dohmke has stated he wa...

Japanese Tech Firm Fujitsu Announces Web3 Acceleration Platform

Fujitsu aims to host a worldwide planning and development competition. The platform would facilitate the development of a rich ecosystem of Web3 apps. Web3 Accelerator is dedicated to helping startups...

Tech Layoffs Hit H1B Visa Workers Hard

When she lost her job at Google last month, Jingjing Tan started worrying about her dog, an energetic, 75-pound German shepherd. As a foreign worker living in the U.S. on a temporary work visa, if she...

Demand for NFT tech nabbed this crypto startup a $800m valuation

Episode 8 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and QuickNode Co-Founder and CEO Alex Nabutovsky. Listen below, and subscribe to The Scoop on Apple...

SQQQ Inflows Soar as Investors Bet Against Tech

Investors are reversing course on the start of the year’s bullish outlook on Nasdaq-listed companies, as lackluster earnings and layoffs dampen short-term outlooks for tech stocks. The ProShares Ultra...

Bitcoin drops, crypto stocks down across the board as Coinbase slides 14%

Cryptocurrency prices dropped across the board as the market adjusts to speculation that the U.S. may restrict crypto staking.  Bitcoin was trading at $21,890 by 5:10 p.m. EST, down almost 5% ov...

OpenAI tech bringing kid-friendly 3D crypto ‘pets’ to life

Bored talking to OpenAI’s overly polite chatbot ChatGPT? You’d prefer an AI-powered virtual assistant with a bit more attitude?Then meet Anima’s new Onlybots, non-fungible tokens that can not only be ...

Tesla Set to Double From January Low on Turbocharged Tech Rally

(Bloomberg) — Tesla Inc. is poised to double in value from a January low, boosted by a breakneck rally for growth stocks and signs that big price cuts are working to spur a demand rebound for th...

The little-known market indicator keeping tech bearish: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, February 9, 2023 Today’s newslette...

Twitter Lags Behind Other Tech Giants In Disinformation Fight, EU Warns—As Musk’s Platform Antagonizes Regulators

Topline Twitter’s efforts to tackle disinformation have fallen behind other major platforms in the last six months, the European Commission said on Thursday, chastising the platform for not taking its...

SEC Prioritizes Scrutiny of Crypto and Emerging Tech in 2023

The United States Securities and Exchange Commission (SEC) announced that its top priorities for 2023 include cryptocurrencies and emerging technologies. On Tuesday, the Division of Examinations of th...

Hedera adds tech giant as council member: What does it mean for HBAR?

Hedera onboards Dell as the latest member of its governing council. The market reacted positively, but HBAR was still unable to escape its press time range. On 7 February, Hedera [HBAR] confirmed that...

China’s Tech Companies Are Joining The Hyped-Up Race To Develop ChatGPT-Style Services

OpenAI logo seen on screen with ChatGPT website displayed on mobile seen in this illustration, on January 8, 2023 in Brussels, Belgium. (Photo illustration by Jonathan Raa/NurPhoto via Getty Images) N...

Solar tech company Nextracker expected to price at upper end of range in good sign for IPO market

choja | E+ | Getty Images The solar technology company Nextracker is expected to price its initial public offering at the high end of its stated $20 to $23 per share range, people with knowledge of th...