Share to FacebookShare to TwitterShare to Linkedin Nabiha Saklayen, CEO and co-founder of Cellino Cellino Today, Cellino Biotech, an autonomous cell therapy manufacturing company, announced an $80 million Series A financing round led by Leaps by Bayer along with 8VC, Humboldt Fund, and new investors including Felicis Ventures and Khosla Ventures, that could fix a problem…
Share to FacebookShare to TwitterShare to LinkedinBitcoin and cryptocurrency prices have crashed over the past week with around $1.4 trillion wiped from the combined crypto market—and sparking warnings of a new “crypto winter.” Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin…
Share to FacebookShare to TwitterShare to LinkedinTopline The prices of bitcoin and ether fell to six-month lows Monday morning, continuing a sell-off of major cryptocurrencies that has dashed more than $1 trillion in value from the market since November. Bitcoin’s value was down on Monday. Getty Images Key Facts The price of bitcoin, which makes…
THE CHANGING FORTUNES OF THE WORLD’S RICHEST The founders of Google, Oracle, Amazon and Tesla all lost billions this week, resulting in a shakeup among the world’s richest and a change at number 2. S tocks fell broadly this week, as a series of disappointing announcements by companies collided with investor fears of inflation-driven interest…
Share to FacebookShare to TwitterShare to LinkedinTopline Bitcoin fell below $35,000 Saturday morning to its lowest level since July as a selloff continues in which the cryptocurrency has fallen almost 50% since its record high in November. A Bitcoin image hangs on the wall during the North American Bitcoin Conference held at the James L…
Share to FacebookShare to TwitterShare to LinkedinTopline El Salvador, the first country to adopt bitcoin as legal tender, purchased 410 bitcoin for $15 million Friday with the currency trading at its lowest point in six months, President Nayib Bukele announced on Twitter. Salvadoran President Nayib Bukele speaks during the inauguration of the ISA World Surfing…
Share to FacebookShare to TwitterShare to LinkedinTopline Novak Djokovic, the top-ranked men’s tennis player who was booted from Australia because he’s not vaccinated against Covid-19, is the majority owner with his wife of a Danish biotechnology firm researching a treatment for the disease about whose business dealings little is known, Reuters first reported Wednesday. Serbia’s…
Los Angeles-based Parallel Systems is led by Matt Soule, center. Parallel Systems Mile-long, slow-moving diesel trains loaded with cargo chugging slowly across the U.S. could be a thing of the past one day if stealth startup Parallel Systems has its way. The Los Angeles company thinks the future of freight lies in autonomous battery-powered trains…
Share to FacebookShare to TwitterShare to LinkedinTopline Space companies including SpaceX and Sierra Space received nearly $15 billion of private investments in 2021—including a whopping $4.3 billion in the fourth quarter, a record-setting year for a booming industry as investors continue to bet on the “space economy.” An illustration of the SpaceX Starship human lander…
Share to FacebookShare to TwitterShare to LinkedinTopline The stock market plunged on Tuesday after Goldman Sachs reported disappointing quarterly earnings—continuing a trend of lackluster bank results, while surging government bond yields hit two-year highs. Bank earnings continued to disappoint as firms warned of rising expenses. Richard Drew/ASSOCIATED PRESS Key Facts The Dow Jones Industrial Average…
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