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The Next Web
Siôn Geschwindt @ The Next Web · 08/08/2023 10:12 EDT

ESA satellites capture the extent of Europe’s wildfires

In recent weeks devastating wildfires have swept across Greece, Italy, Spain, and Portugal, causing several fatalities, the displacement of thousands of people, and widespread damage to infrastructure.   More than 260,000 hectares of land across the EU has already burnt since January — an area the size of Luxembourg. Many fires are still raging across swathes of southern Europe and beyond. In response to the increasing threat of wildfires, the European... Read more

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The Next Web
Thomas Macaulay @ The Next Web · 08/08/2023 08:57 EDT

Norway fines Meta 1 MILLION crowns per day over data harvesting for behavioural ads

Meta’s litany of European privacy sanctions in 2023 just got a little longer. After a €390mn fine for illegal personalised ads, another €5.5mn hit for similar violations in WhatsApp, and a GDPR record €1.2bn for unsafe data transfers, this week yet another punishment arrived — and the sentence did not disappoint. Norwegian regulators have demanded a gloriously round figure that would make Dr Evil proud: 1 MILLION crowns (€89,000) per... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 08/08/2023 05:35 EDT

Germany’s Marvel Fusion to build $150M laser facility in US

Scientists are edging closer to a fusion energy system that doesn’t rely on magnetic field-based tokamak reactors or twisty stellarators. German startup Marvel Fusion has teamed up with Colorado State University to build the world’s first facility dedicated to commercialising inertial confinement — a type of fusion reaction produced by slamming atoms together many times per second using high-intensity lasers. Interest in this type of fusion has increased since scientists... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 2 place · 08/07/2023 08:57 EDT

Aerospace tech company to issue contrail reduction ‘credits’

UK-based aerospace software startup ZEROAVIA announced today that sustainability certification body Gold Standard has approved its methodology concept to issue what could be referred to as “contrail credits.”  Rather than offsetting carbon emissions directly (like carbon credits), they will offer an avenue for airlines to “make up” for the warming effects equivalent to that of carbon dioxide, by mitigating the non-CO2 climate impact of air travel.  Everyone knows that aeroplanes... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 08/07/2023 06:02 EDT

Dev world mourns loss of Vim creator Bram Moolenaar

Developers across the world are mourning the loss of Bram Moolenaar, renowned Dutch software engineer and creator of the Vim text editor. Moolenaar passed away on August 3, 2023, after suffering from a medical condition that “rapidly progressed over the last few weeks,” according to a statement shared by his family on the Vim-announce Google Group. Vim, short for “Vi IMproved,” is a free and open-source, screen-based text editor that... Read more

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The Next Web
Jonathan Keane @ The Next Web 2 place · 08/07/2023 05:46 EDT

European fintech players are bracing for market consolidation

When Monzo published its latest annual revenue figures in February, it provided a flicker of light after months of headlines about fintech down rounds and job cuts. The accounts showed that the UK digital bank was now profitable with a net operating income of £214.5 million (€249mn). The news will cheer up Monzo after seeing its valuation cut during the pandemic but for some of its peers in Europe the... Read more

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The Next Web
Thomas Macaulay @ The Next Web 1 place · 08/04/2023 10:23 EDT

Adopting robots makes profits drop before they rise, study finds

As demand for industrial robots surges, new research suggests the rewards are slow to materialise. According to the Cambridge University study, robots typically cause early losses before they can yield a payoff. The researchers analysed industry data across 25 EU countries between 1996 and 2017. They found that when adoption levels are low, robots can have a negative effect on profit margins. As the uptake increases, however, automation drives the... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 08/03/2023 12:22 EDT

Airbus joins transatlantic mission to build ISS replacement

As the International Space Station approaches retirement, a transatlantic team is creating a replacement: Starlab. Airbus and US startup Voyager this week that they have formed a joint venture for the project. The two companies will develop, build, and operate Starlab, which aims to further unite the US and Europe in space. “This pioneers continued European and American leadership in space that takes humanity forward,” said Jean-Marc Nasr, Head of... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 08/03/2023 08:02 EDT

France’s AFP sues Twitter over non-payments for displaying news

A bad week for Elon Musk just got even worse. After enduring a scandal over Tesla’s driving ranges, a risible rebrand of Twitter, and a divisive feud with hate-speech researchers, Musk discovered yet another powerful enemy: Agence France-Presse (AFP). The French news agency announced on Wednesday that it’s suing X — Musk’s new name for Twitter — over alleged non-payments for displaying AFP content. The case stems from EU copyright... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 08/02/2023 11:12 EDT

Meta succumbs to EU pressure, will seek user consent for targeted ads

Meta operates a highly targeted advertising model based on the swathes of personal data you share on its platforms, and it makes tens of billions of dollars off it each year.  While these tactics are unlikely to end altogether in the near future, the company could soon offer users in the EU the chance to “opt-in” to the ads, the Wall Street Journal reports.  Since April, Meta has offered users... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 08/02/2023 06:44 EDT

UK chipmaker Arm targets $60B-plus valuation for September IPO

British chip maker Arm is targeting an initial public offering (IPO) at a valuation of between $60bn and $70bn as early as September, amid surging demand for semiconductors for cloud computing, AI, and EV applications.   The roadshow is scheduled to start the first week of September with pricing for the IPO the following week, Bloomberg reports, citing people familiar with the matter. A roadshow in this context is a series... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 08/01/2023 12:39 EDT

New DeepMind AI model can control robotic actions it was never trained to do

Google DeepMind has a new AI model that can direct robotic tasks it was never trained to perform. Named RT-2, the model learns from web and robotics data. It then turns this information into simple instructions for machines. In tests, the model was asked to take actions never seen in the robotic data, such as placing oranges in a matching bowl. To follow these commands, the system had to translate... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 08/01/2023 11:29 EDT

Europe’s ‘dark universe’ telescope returns first images of deep space

Europe’s new space telescope Euclid has returned its first sparkling images of deep space, in a “tantalising glimpse” of what is to come.  The images are not only mesmerising, but they also show that all the telescope’s instruments are running smoothly. This must come as a major relief to scientists at the European Space Agency, who have spent €‎1.4bn over the last 16 years developing the telescope.   Euclid was launched... Read more

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The Next Web
Thomas Cordes @ The Next Web 2 place · 08/01/2023 09:56 EDT

Can we regulate AI without stifling innovation? Here’s what experts think

Whether it’s excitement, confusion, apprehension, or outright pessimism, everyone feels something about AI. So it was no surprise that AI technology was one of the main talking points at The Next Web Conference 2023. In the wake of the EU Parliament’s decision to usher in the EU AI Act, the world’s first comprehensive AI law drafted to ensure that AI systems used in the EU are, “safe, transparent, traceable, non-discriminatory,... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 08/01/2023 07:02 EDT

UK’s first drone delivery service launches in remote Scottish islands

Remote communities off the Scottish coast are now the first people in the UK to have their mail delivered by drone.  Royal Mail and London-based Skyports Drone Services launched the project to make it easier for residents of Orkney, located off the north coast of Scotland, to receive their mail without delays.  The drones will carry mail from Stromness to the remote islands of Graemsay and Hoy where postal staff... Read more

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The Next Web
Thomas Macaulay @ The Next Web · 08/01/2023 06:41 EDT

New hope for Microsoft-Activision deal after UK regulator reopens consultation

The UK’s antitrust watchdog has called for more public input on Microsoft’s bid for Activision-Blizzard, renewing hopes that the deal will be approved. The Competition and Markets Authority (CMA) originally blocked the $69bn (€63bn) merger in April. At the time, the regulator cited concerns that Microsoft would gain an unfair edge in cloud gaming and that consumer choice would be inhibited. The shock move was a potentially fatal blow to... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 08/01/2023 03:00 EDT

Tech is breaking accessibility barriers in transport — here’s how

According to WHO, people with disabilities represent 16% of the world population. They also find transportation 15 times more challenging than non-disabled individuals. But for mobility to truly be sustainable, it has to go beyond reducing emissions; it has to be inclusive and cater for every member of society. To this end, technology represents a beacon of hope as much as an invaluable tool. To find out more about its... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 07/31/2023 10:21 EDT

Telecoms giant BT wants to turn old broadband boxes into EV chargers

The innovation arm of British telecoms giant BT — called Etc. — is looking to convert the Group’s street cabinets into EV charging points. The big green cabinets, a common sight across the UK, are currently used for providing copper-based broadband and phone services but are soon to be decommissioned as BT transitions to full fibre networks. The company estimates that as many as 60,000 of its 90,000 cabinets may... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 07/31/2023 08:12 EDT

World’s tallest wooden wind turbine is ‘stronger than steel’

There’s a wind turbine being built in the forests of Sweden — or should I say from the forests. Budding startup Modvion, based in the Scandinavian country, is currently building the world’s tallest wooden wind turbine, and it’s on track for completion this year.  The tower will stand 105 metres and is being built for local energy utility Varberg Energi for its wind power site near the town of Skara.... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 07/31/2023 03:00 EDT

Virtual worlds pioneer targets sports for revival of metaverse dream

On a typical visit to a sports stadium, you don’t bump into 20-metre-tall giants outside the gates. But this isn’t your typical sports stadium. It’s the MLB virtual ballpark — the first metaverse for a pro sports league. The venue opened on July 8, for a watch party during Major League Baseball’s All-Star Weekend. Hosting the event were the aforementioned giants, who begin the festivities with a tease: “Who knows... Read more

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