Archive for April 2022
BeSafe Group, an Italian startup, secures €1.2 million for its insurtech
BeSafe Group, an Italian startup, has secured €1.2 million for its insurtech. This is aimed to fasten the development of insurance and tech for European tourism while combining insurtech with travel tech. The round was jointly agreed upon by CDP Venture Capital Sgr, via its Acceleration Fund and Prana Ventures SICAF. BeSafe is established to […]
Bored Ape Instagram hack cost NFT owners $3 million
The founders of Bored Ape said that its Instagram account has been hacked. And hackers are now posting fraudulent links to lure people to phishing sites. Hackers have stolen about US$3 million of the globe’s most popular NFTs after accessing the Instagram account owned by the BAYC (Bored Ape Yacht Club collection. The hackers have […]
Spotify paying subscribers grew by 15% in Q1 despite Russia’s exit and Rogan backlash
Joe Rogan’s controversial podcast on Spotify has done little to prompt users to leave the service. Based on app store data, users are still using the streaming service even after Rogan backlash and Russia’s exit. Spotify’s earnings grew by 15% in the first quarter. Despite Russia’s exit and the loss of 1.5 million Russian users, […]
US Stock hits rock bottom.
Today, the US stock has regressed in the new market week. Investors are on the brink after multiple trials to rebound the market structure in previous weeks. Investors are keeping an owl’s sight on the inflation and consumer spending amidst the federal reserves. On Monday, the S&P 500 dipped at a rate of 0.7% at […]
How Finland’s startups attracted unprecedented investment in 2021
Finnish startups witnessed a record-breaking year in 2021 as they pulled a total of €1.2 billion in investment, majorly from foreign venture capital companies. A total of €743 million was poured by Venture capital investors into Finland’s startups, with foreign venture capital companies having €553 million and domestic venture capital firms gulping €190. And all were invested […]
EU parliament resolution condemns Azerbaijan’s erasure of Armenian history
The EU parliament resolution has condemned Azerbaijan’s Erasure of Armenian History. The European Parliament voted on March 10, 2022, to adopt a Joint Resolution on the destruction of cultural heritage in Nagorno-Karabakh. The resolution strongly condemned Azerbaijan’s destruction of Armenian churches, monuments, and historical sites in the Nagorno-Karabakh war after the November 9, 2020 ceasefire. The […]
Here’s why robots may be the missing link for your business growth
Out of over 4,000 firms surveyed in 2021, the report shows that the 10% making the biggest revenues invested heavily in Robots. The advancement in robotics technology has been enormous in the last five years. However, there hasn’t been much research on the effects of robotics on businesses and companies’ growth. While critics of robot […]
Disney and Snap join in designing an AR Cinderella Castle mural at Disney World.
Disney and Snap have teamed up to design a virtual mural at Walt Disney World’s Magic Kingdom Park with augmented reality. Visitors or explorers can use Snap’s AR technology to put images on the Cinderella Castle Mural of Memories as the 50th Anniversary of Walt Disney World Resort draws closer. The castle mural will use customers’ […]
Moxi, a hospital robot helping to combat nurse burnout
Moxi, a hospital robot, is helping to combat nurse burnouts at Mary Washington Hospital in Fredericksburg, Virginia. Moxi, which is about a 6-foot-tall, offers assistance to the nurses as it ferries supplies, medication, lab samples, and individual items via the halls from one floor to another. After two years of fighting Covid-19- related burnouts, nurses […]
Investors are turning cautious on Chinese stocks amidst growth concerns
EPFR Global has reported that investors are growingly cautious about Chinese stocks, particularly those listed overseas. This increasingly cautiousness is seen mostly in the first quarter of 2022, which was hit by geopolitical tensions and growth concerns. According to the data, the era closed with over $20 billion in net inflows to mainland Chinese stocks. However, […]