Finland’s first-ever commercial hyperspectral satellite has successfully launched into space. The satellite — named Hyperfield-1 — is the brainchild of Finnish startup Kuva Space. Kuva equipped the spacecraft with a hyperspectral camera, which captures detailed data on wavelengths of light. When materials on Earth absorb these wavelengths, they produce “spectral fingerprints.” The hyperspectral camera will record these fingerprints, which Kuva will analyse with machine learning. The company will then provid Read more ›
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German-Finnish internet anti-hero Kim Dotcom is perhaps one of the most eccentric, and divisive, figures in tech history. A serial cybercriminal to some, an large-than-life legend to others. You either love him or you hate him. Either way, boy does he know how to generate headlines. News broke this week that Dotcom is being extradited to the US to face criminal charges related to his defunct file-sharing service Megaupload. In... Read more ›
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UK fintech Revolut has been valued at $45bn following a share sale by employees, making it Europe’s most valuable private tech company and shaking up the world of traditional finance. An employee share sale is when staff sell their company shares either to the company they work for, external investors, or on the open market. In Revolut’s case, its employees sold a portion of their shares to investors including Coatue,... Read more ›
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British police will experiment with uncrewed aircraft as part of new drone trials in the UK. Britain’s aviation regulator has backed the project, which the National Police Air Service (NPAS) will lead. The tests will focus on flights “beyond the visual line of sight” — meaning the operators won’t see their drones. The police will instead rely on tech for navigation, control, and detection of other aircraft. NPAS has high... Read more ›
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Although Mozart has no living descendants, his music still has countless inheritors. The latest in the lineage — born just this summer — is a digital twin. German tech giant Siemens conceived the prodigious clone. Last month, the company brought the system to Mozart’s hometown of Salzburg. Located at the foot of the Alps, the scenic city is hosting the prestigious Salzburg Festival of music and theatre. Classical notes are... Read more ›
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Norway’s sovereign wealth fund is celebrating a $138 billion profit from the first half of the year, but has put the champagne on ice. The $1.6 trillion fund credited the returns to investments in tech. Driven by surging demand for AI, technology stocks surged during early 2024. Norway’s sovereign wealth fund — the largest in the world — reaped the benefits. Its equity portfolio gained 12% in the six months... Read more ›
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The English Premier League is giving offside calls a (semi) automated upgrade. The new system revamps arguably the most controversial rule in sports. First introduced back in 1863, the offside law prevents sneaky footballers from camping by the goal. In its current iteration, the rule only applies to attackers in their enemy’s half. Once they enter that space, teammates can only pass to them when they’re behind at least two... Read more ›
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Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Linnea and Andrii talk about a potential solution to the issue of death from overwork, the UK’s attention to AI companies, table tennis robots, and a very important decision that... Read more ›
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The robot arms train every night. About half a dozen of them, flexing in silence. They practise picking up items thousands of times over, to test whether their latest algorithms are working as intended. And in the morning, Nomagic’s engineers turn up for work to check how the machines did. “This is a never-ending effort,” says CEO Tristan d’Orgeval. If the robot arms performed as intended, the updated algorithms get... Read more ›
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Dawn Aerospace is a small startup with big ambitions: to build the first vehicle to fly over 100 km above the Earth — twice in one day. A couple of weeks back, the budding company — headquartered in the Netherlands and New Zealand — took a major step toward that goal. Its reusable, rocket-powered Mk-II Aurora aircraft reached speeds of Mach 0.92 (967 km/h) at altitudes over 15km. While far... Read more ›
0
Much has been said today about the interview that took place on Monday between Elon Musk and Donald Trump on X. Delayed by technical reasons, which Musk blamed on DDOS attacks, the two-hour conversation has been labelled, among other things, “surprisingly dull,” “rambling,” and “friendly.” The exercise in mutual admiration of the two “planet-sized egos” had Trump blaming Russia’s invasion of Ukraine on President Biden. He also stated that “millions... Read more ›
2
Go was first released as an open source programming language in 2009, and it’s had its ups and downs over the past 15 years. Although it was only released in November 2009, Go saw such a dramatic rise in interest that it was named the 2009 Programming Language of the Year by the TIOBE Index, which awards this title to the language with the highest rise in rank in a... Read more ›
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UK startup OXCCU has opened a Sustainable Aviation Fuel (SAF) demo plant at London Oxford Airport, as it looks to make a dent in emissions from air travel. OXCCU spunout from Oxford University in 2021. The startup has developed a type of eFuel made by converting captured CO2 and hydrogen into SAF using renewable electricity. SAF is designed to be used as a “drop-in” fuel, meaning it can be blended... Read more ›
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Balderton Capital today announced the closing of its $1.3bn early stage and growth funds in a sign of the European tech sector regaining investor confidence and momentum. We are often disconcerted at the lack of support for European entrepreneurship and innovation in comparison to that across the pond. However, there are investors who champion the region’s changemakers, such as Balderton, which invests exclusively in European startups and scaleups. The new... Read more ›
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Climate-focused venture capital funds have already raised $6.9bn since the beginning of 2024, up from $5.2bn for the entirety of 2023, according to a new report from Venture Capital Journal. While climate VCs have closed less funds overall — 24 compared to 26 last year — the average pot size has swelled from $202mn to $267mn so far in 2024. This climate tech cash boost is largely reflective of a... Read more ›
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In the business world (and beyond) everybody loves the success story of an underdog. Estonia’s Bolt is one such example. The startup was founded in 2013 by then 19-year-old Markus Vilig with €5,000 in his pocket. Since then, it has successfully become the European challenger to Uber, valued at €7.4bn at its latest fundraising in 2022. The company also claims to be Europe’s first mobility super-app, combining ride-hailing with services... Read more ›
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China is currently busy accumulating most of the gold medals in the table tennis events in the Paris Olympics. Meanwhile, an AI-powered robot from Google DeepMind has achieved “amateur human level performance” in the sport. In a study published in an Arxiv paper this week, the Google artificial intelligence subsidiary outlined how the robot functions, along with footage of it taking on what we can only assume were willing enthusiastic... Read more ›
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Pitch battles are a great way for startups to gain exposure and attract a room full of potential investors, future employees, and new customers, all in a quick-fire three minutes on-stage. But… what if you have a complicated product that solves a problem that’s unfamiliar to most of the audience? Or what if you need a PhD to actually understand the technology behind your solution? Whether you have a finance... Read more ›
1
Elon Musk is having a rough week. His daughter has denounced him as a fake Christian, an absent father, and a serial adulterer. He’s been in court to fight a custody battle. His ex-partner Grimes said he “‘cannot distinguish the truth.” And that’s just his personal life. Musk’s businesses are also under fire. Tesla stock has plummeted. X has repelled so many advertisers that Musk has sued them over an... Read more ›
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Volocopter won’t be operating an air taxi service at the Paris Olympics after all, following a delay in the certification of its aircraft’s engine, AFP reports. The setback deals a major blow to the German startup, which has been lobbying hard for several months to get its electric vertical takeoff and landing (eVTOL) vehicles ready in time for the Games. In July, French authorities cleared Volocopter’s two-seater, 18-rotor craft for... Read more ›
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Most popular sources
Business Insider
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20% 12 |
The Verge
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10% 3 |
Tech Wire Asia
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8% 1 |
Gizmodo
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8% 2 |
Android Authority
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7% 4 |
| View sources » | |
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27.11.2024 09:43
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