Next Insurance Raises $250M Bringing Its Valuation to $4B
Next Insurance has so far raised a total of $875 million from private investors who have participated in various funding rounds.
Coinspeaker offers you cutting edge broadcast, insights, news and updates on technology driven events around the world.
Technology news includes real-time updates on Blockchain, Fintech, Augmented Reality, Virtual reality, Artificial Intelligence, Machine learning, Cyber Security, electronic gadgets, etc. There’s no doubt that technology is driving the world towards a largely digitized space.
Social media, the internet, and blockchain have been a significant part of the tech world as tech giants look to make considerable investments in those innovations.
Blockchain technology is a public, digitized ledger for recording and verifying crypto transactions. Blockchain was built in such a way that transactions recorded on it cannot be changed or altered. Blockchain’s success story has paved the way for its adoption in other fields such as election, logistics, transportation, personal identification, etc. Several top companies now employ the use of blockchain for operational tasks in order to enhance their mode of operation.
Technology is employed in every field to enhance privacy, security as well as operation speed. Over the years, cyber-crime has continued to be a major thorn in tech’s flesh as hackers take advantage of vulnerabilities in tech products. Cyber security firms have been given the task of curbing cyber-crimes and pave the way for more investors.
Fintech simply means financial technology and it involves the application of technological tools and software into financial services and operations. Fintech has seen massive adoption in the past decade as several industries such as banking, education, fundraising, health, venture management, etc. continue to reckon its importance.
The top five tech companies around the world are Google, Apple, Facebook, Amazon, and Microsoft, etc. and they worth over four trillion dollars combined.
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Next Insurance has so far raised a total of $875 million from private investors who have participated in various funding rounds.
Fractal Protocol utilizes the immutable power of blockchain technology to offer a novel solution that works for both parties: publishers and users.
Besides Ford, the global semiconductor shortage has also prompted Chinese automaker Nio to announce a similar halt in its car production for 5 days.
Apple is implementing a Grid-Scale Energy Storage Project at its 130-megawatt solar farm in California.
According to the US Army announcement, Microsoft will deliver over 120,000 devices based on its HoloLens augmented reality headsets.
Xiaomi is undoubtedly raising its own bar when it comes to rolling out innovative technologies across its entire product suite.
According to the earlier report, Volkswagen’s name change was going to be effective by May of this year and that the company was seeking to change its name as its “declaration of the company’s future-forward investment in e-mobility.”
Apple has announced the 2021 Worldwide Developers Conference (WWDC21) to be held on June 7-11. It further confirmed that it will be an all-online format, free for developers.
The Amazon AWS Space Accelerator program will include 10 companies that may receive up to $100,000 in AWS Activate credit.
It is not yet clear how many SpaceShip III vehicles the company will produce. However, it is obvious that its VSS Imagine is unique. As soon as this summer, it will start “glide” testing.
The change from Volkswagen to Voltswagen is a “public declaration of the company’s future-forward investment in e-mobility”.
Currently, there is one “sell” rating, one “hold” rating, and five “buy” ratings for Xiaomi stock. The consensus among Wall Street equities research analysts is that investors should buy Xiaomi shares.
Tesla stock has now been trapped in a multi-week correction after rallying over 500% last year.
Nio has recorded impressive results in auto production in the past two quarters. But the current halt may be risky for the performance of the company.
The ION network uses Bitcoin Layer 2 solution to verify digital identities in a decentralized manner without relying on any third-party control. The ION nodes can process 10,000 ID requests in a single transaction.