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Munich-based electric air taxi startup Lilium, which recently ceased operations and laid off 1,000 employees, is set to restructure with new investor backing. The layoff was reported by Gründerszene, with co-founder Patrick Nathen confirming the shutdown on LinkedIn. Lilium, which raised over $1B before going public, is now set to restructure with new backing. A ... Read more
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Silicon Canals
Europe and NATO rely on the US for SEAD capabilities, something that Russia's invasion of Ukraine has shown is critical in a modern conflict. Read more ›
580 fresh
Chinese chip maker Phytium reportedly delivered over 10 million processors to government projects and other key industries as it replaces Western processors from Intel and AMD. Read more ›
310 fresh
President-elect’s new allies in Silicon Valley suffer backlash over foreign workers from his core supporters Read more ›
270 fresh
A leak suggests that Nvidia has priced the RTX 5090 and RTX 5080 at $2,600 and $1,350 in China. Read more ›
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Adding megawatts of new power consumption at such high speed is starting to affect the power quality in the average American home. Read more ›
231
The personal finance website WalletHub compared 100 of the biggest US cities on entertainment, food, costs, safety, and accessibility. Read more ›
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China's new amphibious assault ship, the Sichuan, has an electromagnetic catapult system that makes it essentially a light aircraft carrier. Read more ›
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Magnus Carlsen quit the World Rapid Chess Championship on Friday, reports CNN, "after he refused to change out of the jeans he was wearing..." "Carlsen, the world champion from 2013 until 2023, allegedly replied, 'I'm out, f*** you,' after being informed that he would not be permitted to continue," reports the Hindustan Times. The International Chess Federation (or FIDE) "said in a statement that Carlsen breached the tournament's dress code... Read more ›
142 fresh
Ridley Scott advised an audience against vacationing in Malta, a location for "Gladiator II." Local politicians are not happy. Read more ›
137 fresh
Two key parts of Donald Trump's base have been at odds with each other over the merits of immigration prioritizing high-skill workers. Read more ›
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Photo by Amelia Holowaty Krales / The Verge The US Department of Health and Human Services’ (HHS) Office for Civil Rights (OCR) is proposing new cybersecurity requirements for healthcare organizations aimed at protecting patients’ private data in the event of cyberattacks, reports Reuters. The rules come after major cyberattacks like one that leaked the private information of more than 100 million UnitedHealth patients earlier this year. The OCR’s proposal includes... Read more ›
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A handful of RTX 50 and RDNA 4 GPUs from Asus have emerged online. Read more ›
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Tech billionaires like Elon Musk and Jeff Bezos saw their fortunes soar in 2024, while the net worths of retail titans like Bernard Arnault took a hit. Read more ›
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Curious about Utah’s best internet providers? CNET’s experts have rounded up the top broadband options in the Beehive State. Read more ›
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A Meta Quest 3 on a charging dock. | Photo by David Pierce / The Verge Meta updated a note on the top of its Quest support site to say that a “software update issue” has been bricking Quest 2, Quest 3, and Quest 3S headsets. The company writes that while “most” people can now use their headsets normally, it’s “actively working on resolving the issue for all users.” That... Read more ›
89 fresh
My tech resolution for 2025 is to breathe new life into my CD collection again – here's how I'm rediscovering shiny discs. Read more ›
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Hyundai's Ioniq 5 set a new world record for the greatest altitude change experienced by an electric vehicle (EV). Read more ›
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Amazon founder Jeff Bezos' rocket company, Blue Origin, is about to test its mettle. Its heavy-lift rocket, New Glenn, will have its first launch test soon. Read more ›
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The Huawei Watch D2 is the company's second watch to come with blood pressure monitoring. Imagine a smartwatch that not only tracks your steps and heart rate but also brings advanced blood pressure monitoring right to your wrist with the ease of a built-in inflatable cuff. Like all other Huawei smartwatches, the Watch D2 works with Android phones and iPhones. It has all the modern features you may expect -... Read more ›
86 fresh
Silicon Canals
Amsterdam-based Prosus, a global consumer internet group, on Monday, announced that it is set to acquire Despegar, a Latin American Online Travel Agency (OTA), for $19.50 per share, totalling $1.7B (approximately €1.6B). This offer represents a 33 per cent premium over Despegar’s closing share price as of December 20, 2024, and a 34 per cent ... Read more Read more ›
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Lithuania is proving to be an attractive destination for both entrepreneurs and investors alike. There are over 1,000 startups and tech companies in the country, providing jobs for more than 18,700 people. By mid-December, Lithuanian startups had raised €86M this year through 38 deals, according to the report. Although the number of deals increased by ... Read more Read more ›
36
Amstelveen-based GIGA Storage, an energy company that develops and deploys large-scale energy storage projects, announced the promotions of Kevin Dijkers to new CEO and Animesh Ranjan to Chief Investment Officer. Kevin Dijkers, says, “I am thrilled by the challenges and opportunities ahead and am fully committed to driving the company’s continued growth. I recognise the ... Read more Read more ›
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On Monday, Groningen-based Future Tech Ventures (FTV), announced that it has invested €350K in IonIQs, a startup from Groningen that has developed a sustainable technology to efficiently filter lithium from wastewater. The announcement comes over two months after Future Tech Ventures made its debut with €20M proof-of-concept fund to back 50 Northern Netherlands startups. Lithium ... Read more Read more ›
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The “State of Dutch Tech 2024” report highlights the growth of deep tech companies in the Netherlands, with investments increasing by 14 per cent from 2022 to 2023. This rise is driven by university spin-offs and research institutes, though scaling challenges remain. Over the past five years, deep tech venture capital (VC) investments have grown ... Read more Read more ›
14
Solna, Sweden-based Chromafora, an environmental technology company, announced that it has secured €22.5M in nondilutive financing from the European Investment Bank (EIB) The Swedish company will use the loan to advance a technology for removing per- and polyfluoroalkyl substances – or PFAS – from water. The credit from the EIB, the European Union’s lending arm, ... Read more Read more ›
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Europe has been the hotbed of innovation for years, shaping ideas and industries globally. Each year, tech conferences across the continent continue to grow, offering a platform for professionals, entrepreneurs, and enthusiasts to exchange knowledge, network, and explore the latest trends. For 2025, the lineup of European tech conferences promises to be more exciting than ... Read more Read more ›
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The Dutch startup ecosystem continues to captivate international attention. The State of Dutch Tech 2024 report reveals that in 2023, acquisitions in the Dutch startup ecosystem saw a notable increase, with 63 per cent of Dutch startups and scale-ups being acquired by non-Dutch companies. This shows that international companies are still very interested in Dutch ... Read more Read more ›
5
Based out of Amsterdam, Wizenoze, a developer of an online education platform, has been declared bankrupt by the court in Amsterdam on 23-12-2024. Lack of funding, generative AI, and more According to co-founder Diane Janknegt, Wizenoze was doing well and needed funding for product development. They secured an agreement with an investor, but when they ... Read more Read more ›
1
While video games entertain billions of people worldwide, they also have a downside. The industry leaves a heavy ecological footprint: manufacturing and energy consumption make digital gaming alone contribute to 3.7% of global greenhouse emissions. Environmental concerns aren’t the only problems: designed for fun and entertainment, game communities often become an arena for abuse and ... Read more Read more ›
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Most popular sources
Business Insider
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46% 30 |
Tom's Hardware
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18% 3 |
Android Authority
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5% 4 |
CNET
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4% 0 |
TechRadar
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4% 0 |
| View sources » | |
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28.12.2024 22:12
Last update: 21:45 EDT.
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