FNEX News

The Indian startup ecosystem did not escape the fundraising woes that struck the rest of the world in the third quarter: Startups in the country raised 50% less than they did a year ago and raised less than they did in …

A year ago, Sam Bankman-Fried was revered as a titan of the industry and living large at a $40 million penthouse in the Bahamas, while he ran a crypto empire valued at $32 billion. On Tuesday morning in a Manhattan federal …

A few lines buried in the legal terms for the FedNow service, which is now live, create an important opportunity for digital wallet and payment app providers. While the new FedNow legal regime creates significant business opportunities for all players in …

Instacart shot up high this morning after the American grocery delivery giant priced its IPO at the top of its recently raised range yesterday. For startups dying of thirst in this desert devoid of capital, Instacart could not have offered up …

INDIANAPOLIS, Sept. 12, 2023 /PRNewswire-PRWeb/ — Inc. ranks FNEX No. 1289 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its …

Chip design firm Arm on Tuesday is looking to fetch as much as $4.87 billion in its upcoming blockbuster initial public offering on the New York Stock Exchange, according to a fresh filing. The deal could value the company at …

Tech investors last week finally heard utterance of their favorite three-letter acronym: IPO. It’s been 20 months since a notable venture-backed tech company went public in the U.S., and the chatter in Silicon Valley has centered around who will break …

Arm, the U.K.-based chipmaker owned by Japan’s SoftBank since 2016, has filed for a Nasdaq listing five months after announcing it had filed confidential, preliminary IPO paperwork with U.S. regulators. The outfit didn’t provide a projected share price in its F-1 paperwork, …

The White House recently challenged thousands of hackers and security researchers to outsmart top generative AI models from the field’s leaders, including OpenAI, Google, Microsoft, Meta and Nvidia.  The competition ran from Aug. 11 to Aug. 13 as part of the world’s largest hacking conference, …

I certainly wouldn’t go so far as to say the robotics industry is recession-proof, but it’s remained remarkably stable through a turbulent few years of economic instability. Automation was accelerated dramatically by the pandemic and interest only continues to grow. …

The Securities and Exchange Commission on Monday filed charges against a U.S. citizen it alleged raised more than $1 billion through the unregistered offer and sale of crypto securities before pilfering millions to fuel a high-status lifestyle and the acquisition of luxury …

Elon Musk recently explained why he decided to rebrand Twitter to X and noted that it’s more than just a name change. Instead, it represents his plans to create an “everything app.” “Twitter was acquired by X Corp both to ensure freedom …