When most people think of investing, bankrupt companies are probably the last ones that come to mind. After all, bankruptcy…
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The highly anticipated completion of the complex restructuring deal involving Russian tech giant Yandex has reportedly been postponed until early…
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Investment
Karuna Therapeutics Jumps 47% After Being Bought For $14 Billion In Cash
by Lucas Finisby Lucas FinisOn Friday, Bristol Myers Squibb declared that it has reached an agreement to purchase Karuna Therapeutics, a biopharmaceutical business, for…
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Investment
MaxAB And Wasoko, Africa’s Biggest B2B E-Commerce Platforms, Are In Merger Discussions.
by Lucas Finisby Lucas FinisAccording to several sources exclusively disclosed to TechCrunch, Uganda-based Wasoko, an e-commerce business based in Kenya that also operates in…
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Bird files for bankruptcy after a challenging year. The electric scooter manufacturer, Bird, has concluded the year by declaring Chapter…
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Nissan Motor Company has announced a significant new research collaboration with Tsinghua University, one of China’s top academic institutions, as…
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FinTechTop News
Cruise Lays Off 24% of its Employees In An Effort To Keep The Business Afloat
by Lucas Finisby Lucas FinisAccording to General Motors its Cruise division revealed internally on Thursday that it will be laying off 900 workers, or 24% of its…
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Etsy announced on Wednesday that it will be laying off 11% of its workforce. This odd announcement came at the…
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BusinessFinTechTop News
EU Agrees to Landmark AI Regulation: A New Era in Tech Regulation Begins
by Lucas Finisby Lucas FinisOn Friday, the European Union (EU) approved noteworthy AI regulations, which will probably be the first significant laws governing the…
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BusinessTop News
The Rising Potential of Francophone Africa’s Startup Ecosystem
by Lucas Finisby Lucas FinisGlobal frontier markets are growing, and often-ignored areas foster local innovation that puts them at the forefront. Francophone Africa steadily…