SpaceX launches rocket in a first of its kind mission

CAPE CANAVERAL – Elon Musk’s SpaceX has sent a fourth manned rocket into space in the pre-dawn hours of Friday; reusing the Crew Dragon spacecraft and Falcon 9 rocket. This is the first time a recycled rocket has been launched into orbit on a crew mission – bringing Musk’s dream of a reusable space program […]

Coinbase goes public with a $86 Billion valuation

NEW YORK – The cryptocurrency exchange Coinbase (NASDAQ: COIN) went public Wednesday afternoon at a valuation of nearly $100 Billion after many days of speculation among analysts and the general public. The exchange garnered interest due to its reputation and the recent surge in popularity of anything crypto based, particularly Bitcoins. The company listed its […]

Canva valuation increases to $15 Billion

SYDNEY – Australian design platform completed its latest round of funding, raising $71 million led by T. Rowe Price and Dragoneer, which includes several previous investors, at a $15 billion valuation. Canva, which says it remains profitable, also announced that its business passed $500 million in annualized revenue, up 130% from the year before, and […]

Reddit to set up in Canada increasing global presence

Reddit, the popular social news aggregation, web content rating, and discussion website has announced its plans to open a location in Toronto. As per the announcement, the Canadian flagship will include dedicated Management, Sales, Community, and Engineering teams. Following its rapid growth in the US market and expansion into the UK in 2020; the Canadian move […]

NFTs: Risks and opportunities beyond the hype

NFT Cover

Christie’s, the historical auction house and a pioneer in the art world made history a few weeks ago by auctioning off artwork for a record US$69 million – making it one of the most expensive works ever sold. The piece entitled “The first 5000 days” created by the contemporary artist Beeple cannot be hung on […]

Jack Dorsey auctions his first-ever tweet

SAN FRANCISCO – Jack Dorsey, CEO of Twitter (NYSE: TWTR) has once again made headlines this Friday, this time for the sale of a digital asset: an ‘NFTweet’. Dorsey tweeted a link to the popular decentralized digital asset sale website Cent.co and his for sale entry featuring his first-ever tweet, dated March 21st, 2006 as […]

Roaring Kitty’s testimony to Congress goes viral

Roaring Kitty Congress

WASHINGTON – The now infamous trader, Keith Gill, also known by his social media handles ‘Roaring Kitty’ and “DeepF***ingValue’, testified before Congress this Thursday, giving insight into his background and motives for causing a rally on the stock market earlier this month. His post on the Reddit forum, WallStreetBets, caused stock prices of GameStop (NYSE: […]

Tesla, Visa, Paypal and others embrace Bitcoin

PALO ALTO – Tesla (NASDAQ: TSLA) announced this week that it has invested US$1.5 billion in Bitcoin reserves; triggering its largest price gain. This move makes Tesla the biggest company to back the controversial cryptocurrency to date. The company has also allowed the use of Bitcoin as a form of payment for its electric cars. […]

“I am not a Cat”, says Lawyer to Judge

PRESIDIO – Technology and its use is often a serious topic of discussion, but sometimes, it can also provide a moment of comedic relief – as we continue to fumble our way around the newest devices and the latest features. One such recent meme involved a US lawyer presenting virtually before a judge, and accidentally […]

Jeff Bezos steps down as Amazon’s Chief Executive

SEATTLE – Jeff Bezos, the man who created Amazon inc. in 1994, has announced he will be stepping down from his current position as the Chief Executive of the company. Mr. Bezos, who initially ran the online book retailer out of his basement, spearheaded it into one of the largest and most succesful companies today, […]