Thousands of hills across Britain could be transformed into renewable energy batteries thanks to a new ‘high-density’ hydropower system buried underground. Developed by UK startup RheEnergise, the system puts a modern spin on pumped storage hydro, a centuries-old technology which accounts for 95% of today’s energy storage capacity. Pumped storage hydro uses surplus electricity to pump water into an uphill reservoir, later releasing it back downhill over a set of... Read more ›
29
To say that Norway’s Sovereign Wealth Fund made a killing these past months would be an understatement. The world’s largest investor in the stock market earned 1,501 billion crowns (€131.1bn) in the first half of 2023, and much of it due to the recent boom in AI. To a large extent, the profits came from the fund’s shares in tech companies such as Apple, Alphabet, Microsoft, and Nvidia that all... Read more ›
3
Scientists at Imperial College London have invented a leaf-inspired technology that captures solar energy and makes freshwater in the process. The design, known as PV-leaf, is made up of glass, photovoltiac cells, bamboo fibres, and hydrogel cells which combine to mimic a real leaf. Water can even move and distribute throughout the artificial leaf’s structure and evaporate from its surface, cooling it down. In hot and sunny conditions, solar panels... Read more ›
50
The UK has devised a novel solution for a funding gap: more funding. In a bid to strengthen the country’s financial sector, up to £1bn (€1.2bn) has been allocated to a new investment vehicle for fintech firms. Named the FinTech Growth Fund, the scheme will invest predominantly in companies between Series B and pre-IPO, with the aim of scaling them into global leaders. The first capital deployment is scheduled for... Read more ›
18
In the divided world of semiconductors, Arm is frequently compared to Switzerland. The UK-based business is built on a foundation of neutrality. Rather than build chips, Arm merely designs their blueprints. The company then licences the IP to almost every major semiconductor maker without directly competing against them. That approach — as well as the energy-efficient architectures — has driven Arm’s designs into over 95% of smartphones, alongside cars, computers,... Read more ›
0
Elon Musk said in April that Tesla would prioritise mass production over profit, in an attempt to spur demand and fend off competition — and the bold tactic seems to be working. Tesla’s Model Y was Europe’s best-selling car in all categories in the first half of 2023. You heard that right: the electric SUV even elbowed out combustion engine cars like the Dacia Sandero and Volkswagen T-Roc to take... Read more ›
30
Quantum computing holds a lot of promise. The question is when the hyped and indeed potentially revolutionising technology will begin to deliver on it. According to UK quantum startup Phasecraft, it’s not that far off. The secret? Algorithms that can work on today’s “imperfect” quantum computers, without having to wait for the very tricky hardware to draw level. You could forgive the quantum sceptics for their “I’ll believe it when... Read more ›
18
A team of researchers at King’s College London, has demonstrated that, despite being the more vulnerable group when it comes to cyber abuse, women engage much less than men with security and privacy tech. Led by Dr Kovila Coopamootoo, lecturer in Computer Science within the Cyber Security Group at King’s College, the research revealed a significant gender gap in the utilisation of tools designed to keep users safe online. From... Read more ›
51
The UK’s first bank account dedicated to accelerating science and technology is set to launch next month. Science Card is the brainchild of Daniel Baeriswyl — during his PhD in biomedical engineering at UCL, he cultivated an appreciation of the importance of life-saving scientific research, but also the runway it requires. “I found it interesting that the investment side is so heavy on financial services, but by comparison, life-changing innovation... Read more ›
29
Many of us have become accustomed to getting the newest, flashiest versions of our favourite gadgets, leaving yesterday’s tech destined for the dustbin. In 2022, the global economy produced 50 million tonnes of e-waste — equivalent to the weight of 5,000 Eiffel towers. This take-make-waste habit is unsustainable, and research shows, increasingly unpopular. The second-hand goods market is growing 20 times faster than retail as a whole and is expected... Read more ›
8
Angel and seed funding in Europe are remarkably resilient to the startup market downturn, according to new research by Pitchbook. In the first half of 2021, noth median deal values and valuations in these stages exhibited positive trends The biggest increase was in median angel deal values, which were up 28.8% compared with 2022. The median angel valuation, meanwhile, was up 10.2%, while the median seed-stage valuation was flat. These... Read more ›
8
Germany’s Chancellor Olaf Scholz says he believes forthcoming green tech investments will benefit the country’s stagnated economy as a whole. In a ‘summer interview’ with public broadcaster ZDF, the chancellor stated that the government has “moved at an incredible pace” when it comes to shifting legislation around hydrogen production and other renewable energy sources. Indeed, in June this year, Germany overtook China as the second most attractive country for investing... Read more ›
2
A groundbreaking study, based on observations from the European Space Agency’s billion-pixel Gaia space telescope, has revealed a “gravitational anomaly” that challenges our fundamental understanding of the universe. The anomaly occurs when loosely orbiting stars, known as wide binaries, seem to move in ways that defy standard models of gravity established by Albert Einstein and Isaac Newton. Astronomer Kyu-Hyun Chae from Sejong University in South Korea made the discovery while... Read more ›
30
Ed Newton-Rex, a creative AI pioneer and VP Audio at Stability AI, says that he’s become the first author to publish a piece of classical music that uses generative AI. The musician and entrepreneur wrote his “I stand in the library,” a piece for the choir and piano, to a poem produced by OpenAI‘s generative AI model GPT3. Written back in 2022, the 15-minute composition has been premiered at the... Read more ›
36
The British government’s promise to protect encryption has been pilloried by security experts and libertarians. The dispute stems from a section of the Online Safety Bill. Under the legislation, messaging apps would be forced to provide access to private communications when requested by the regulator Ofcom. Proponents say the measures will combat child abuse, but critics are aghast about the threat to privacy. They fear the plans will facilitate mass... Read more ›
3
The day following US President Biden’s unveiling of an executive order designed to curb investments in certain tech sectors in China has been marked by tentative reactions from both policymakers and the business community. The UK government stated early on Wednesday that the decision provided “clarity” on the approach of its close ally. Furthermore, it said it would “consider these new measures closely” as it continued to evaluate any potential... Read more ›
16
A number of the world’s largest media organisations have assembled to call for greater transparency in regard to the training of generative AI models. In an open letter to policymakers published yesterday, they ask to be involved in creating standards for the use of artificial intelligence, especially as it relates to intellectual property rights. With generative AI, it is now possible to produce and distribute synthetic content at a previously... Read more ›
34
Social media influencers are facilitating the trade in counterfeit goods, according to new research by Portsmouth University. After analysing surveys of 2,000 people in the UK, the study team found around 22% of consumers who are active on social media have bought counterfeits endorsed by influencers. The researchers believe it’s the first-ever estimate of its kind. They warn that counterfeiters are exploiting the popularity of influencers to peddle harmful products.... Read more ›
0
On Wednesday, US President Joe Biden unveiled an executive order banning new investments in certain tech sectors in China, citing security risks. The order is set to come into effect next year, and the US will be waiting to see if its closest ally will follow suit. However, for now, the UK says it will consider the measures taken by its transatlantic partner, as it continues to evaluate security implications.... Read more ›
48
The European Space Agency’s next-generation heavy-lift rocket, Ariane 6, definitely won’t launch until at least 2024, the agency’s director general confirmed this week. Ariane 6 was first scheduled to launch four years ago. However, the rocket has suffered a series of delays, attributed to technical issues, COVID-19, and design changes. The ESA said the most recent setback was because it failed to complete a short hot firing test,, mimicking the... Read more ›
74
Most popular sources
EU-Startups
|
0% |
Irish Tech News
|
0% |
UK Tech News
|
0% |
Tech.eu
|
0% |
AlleyWatch
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
07.05.2026 00:41
Last update: 00:35 EDT.
News rating updated: 07:30.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.