Software-as-a-service (SaaS) has emerged as a pan-industry force by just about every estimation. SaaS has been bucking many of the venture slowdown trends, while data from Gartner indicates that SaaS constituted the lion’s share ($123 billion) of cloud end-user spending ($332 billion) last year. But the pervasiveness of SaaS, and ease-of-access ushered in by the broader…
Monthly Archives: July 2022
Crypto asset manager Valkyrie, best known for launching one of the only U.S. SEC-approved bitcoin futures ETFs, is moving into a new asset class — venture capital. The firm hired investor Lluís Pedragosa in April and has been quietly preparing him to helm Valkyrie Ventures, its new VC arm announced today, as managing partner. Pedragosa,…
As capital continues to enter the crypto space, Tribe Capital has raised $25 million from outside investors and has launched its incubator program, Tribe Crypto Labs, its CEO Arjun Sethi exclusively told TechCrunch. The firm has approximately $1.5 billion in assets under management and has previously made investments in crypto companies like crypto exchanges FTX…
Given the current state of the worldwide aviation industry, checking a bag may not be the best idea right now. But sometimes you don’t have a choice and soon, at least if you’re flying Alaska Airlines, the whole process of checking a bag may just become a little bit easier. After a trial a few…
In a hotter climate regime, expect the unprecedented. On July 19, an exceptional heat wave smashed the UK’s all-time heat record. Temperatures provisionally reached 40.2°C (104.36°F) at London’s Heathrow Airport, smashing the previous record of 38.7 C set in 2019. If it’s confirmed, that makes Tuesday the country’s hottest day on record. According to the…
Kingston has announced the release of new DDR5 RAM sticks which come in plain and RGB flavors. The Kingston Fury Renegade DDR5 and Fury Renegade DDR5 RGB RAM sticks offer speeds of up to 6400MT/s and quick CL32 timings, which will ensure top-end performance (at least with DDR5 now, as it stands – we’re still…
Roaming Mantis, an Android malware operation that aims to steal sensitive data, and potentially even money, from its victims, has now set its sights to the people of France, cybersecurity researchers are saying. Before targeting the French, Roaming Mantis attacked people in Germany, Taiwan, South Korea, Japan, the US, and the U.K., BleepingComputer reports. This…
One of the big selling points of Android 13 is that it’ll bring a new look to Google Pay, essentially rebranding it to Google Wallet as a place you can store all your payment information and also cards, passes, tickets and more (Google Pay does have these features but it’s not laid out well for…
Trade between the US and Europe is likely to slow, Goldman Sachs said. Aapsky/Getty Images Goldman Sachs says Europe’s natural gas crunch will spill over and weigh on the US economy. If natural gas flows from Russia stay at their current low levels, US trade with Europe will slow relatively sharply, the bank said. Goldman…
Michael Burry. Kevin Mazur/WireImage Michael Burry says ballooning retail inventories usually reflect inflation and overstocking. “The Big Short” investor expects consumer demand to wane as higher prices erode savings. Burry predicts slower inflation will spur the Federal Reserve to begin cutting interest rates again. Walmart, Target, and other leading US retailers are drowning in inventory,…