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The Next Web
Siôn Geschwindt @ The Next Web · 07/25/2023 05:19 EDT

Europe-built robotic arm to launch into space aboard Airbus’ OneSat satellites

A robotic arm made solely by European manufacturers has passed its qualification review for launch into space on the OneSat range of satellites.  The robotic deployment and pointing system enables the satellite’s plasma thrusters to be positioned far away from the satellite’s body, optimising consumption of the xenon fuel. The approval of the system means that OneSat is now fully propelled by European technology. Designed by Airbus in France, the... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 07/24/2023 10:54 EDT

Critical infrastructure radio tech ‘easily hacked’ through deliberate backdoor

Dutch researchers have found vulnerabilities in TETRA — a radio technology used across the world to control critical infrastructure such as power grids, gas pipelines, and trains.  The researchers, Job Wetzels, Carlo Meijer, and Wouter Bokslag of cybersecurity firm Midnight Blue, found a deliberate backdoor in the encryption algorithm of these radios — made by Motorola, Damm, Hytera, and others — that was “easy” to hack.  “The results of this... Read more

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The Next Web
Linnea Ahlgren @ The Next Web · 07/24/2023 10:24 EDT

Greek AI shipping startup acquired by Japanese automation giant

Greek shipping software startup DeepSea Technologies has sold a majority share to Japan’s automation giant Nabtesco for an undisclosed amount.  DeepSea will continue to develop the company’s fuel optimisation platforms that reduce emissions (and cut costs) of fossil-based maritime fleets, while also becoming a “centre of excellence for AI research and product development.” Furthermore, the Athens-based startup will support Nabtesco Marine Control Systems in its quest for scalable semi-autonomous shipping.... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 07/24/2023 08:09 EDT

This tech helps farmers monitor their crops — from space

For millennia, farmers have monitored the health of their potatoes, pumpkins, or pineapples by walking through the fields and looking at them. As you can imagine, this process is time-consuming and often inaccurate, especially over large areas.  German deep tech startup constellr believes there is a better way. A spin-off from the Fraunhofer, Europe’s largest organisation for applied science, constellr is developing a satellite-based crop monitoring system that acts as... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 1 place · 07/24/2023 06:51 EDT

Italy’s largest investment bank pledges to back UK fintech startups

London-based startup accelerator Founders Factory has gained a new partner in the form of Mediobanca. The Milan-based investment bank is looking to increase its presence in the UK, and has pledged €12mn to the joint venture.  Specifically, Mediobanca will be looking to back as many as 35 fintech startups that focus on technologies such as blockchain and artificial intelligence over the coming five years. However, it will also include early... Read more

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The Next Web
Thomas Macaulay @ The Next Web 1 place · 07/21/2023 11:38 EDT

New UK law could spark ‘default surveillance of everyone’s devices’

New laws proposed in the UK could normalise surveillance of personal devices, experts have warned. The concerns stem from a planned update to the Investigatory Powers Act (IPA). When the original rules passed in 2016, critics described them as the “most extreme spying powers ever seen.” They’re now set to become even more intrusive. Under the new proposals, messaging services would have to clear security features with the government before... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 2 place · 07/21/2023 09:27 EDT

Fibre optics could be the answer to water loss from leaky pipes

Approximately 48.6 billion cubic meters of water are lost around the world every day. According to the International Water Association (IWA), the main culprits for this loss are underground leaks on water mains and service pipes. To monitor leaks in water pipeline networks, researchers at the Polytechnic University of Milan have experimented with a novel method using fibre optics — the inexpensive and commonly- used technology that allows us to... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 3 place · 07/21/2023 07:30 EDT

Getir sells off equipment, scrambles for funding amid financial woes

Getir’s woes are dragging on in Europe, raising concerns over the grocery delivery platform’s future in the region. On Wednesday, the Turkish-owned company started auctioning off parts of its equipment, as it closes down a number of its dark stores in the UK. The bidding closed on Thursday morning. The items, listed on the website of commercial property agent Sanderson Weatherall, range from scooters and crash helmets to insulated food... Read more

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The Next Web
Thomas Macaulay @ The Next Web 3 place · 07/21/2023 05:42 EDT

AI in healthcare could exacerbate ethnic and income inequalities, scientists warn

Scientists fear using AI models such as ChatGPT in healthcare will exacerbate inequalities. The epidemiologists, from the universities of Cambridge and Leicester, warn that large language models (LLMs) could entrench inequities for ethnic minorities and lower-income countries. Their concern stems from systemic data biases. AI models used in healthcare are trained on information from websites and scientific literature. But evidence shows that ethnicity data is often missing from these sources.... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 07/20/2023 11:42 EDT

UK bets on 11 key technologies to boost its space sector

The UK Space Agency has identified 11 critical technology areas to strengthen the country’s position in the space sector and enable further cooperation with international partners such as NASA, the ESA, and Japan’s JAXA. The technologies are listed in the agency’s newly-published Space Exploration Technology Roadmap, which will guide research, development, and future funding decisions over the next 10 years. The roadmap’s overarching aim is to help the UK fully... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 2 place · 07/20/2023 06:08 EDT

Electric air taxi completes first untethered test flight

Vertical Aerospace’s electric urban air taxi has completed its maiden untethered flight, marking a significant milestone for the Bristol-based startup. The flight took place on Wednesday at Cotswold Airport in southwest England, where a full-scale prototype of the VX4, the  company’s eVTOL, flew at about 70km/h or 40 knots. According to the company, the aircraft was remotely piloted and reached the targeted speed powered only by its battery propulsion system.... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 07/20/2023 04:16 EDT

European VC deal value down 61% in first half of 2023, report finds

Venture capital funding in Europe is plummeting as investors shift focus from growth to cutting costs. In the first half of 2023, European VC deal value was 61% lower than at the same time last year according to a new report by Pitchbook, a financial data firm. The total capital raised in the continent was €8.9 billion. At the current rate, the full year is on track to pace 37%... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 07/19/2023 09:15 EDT

Spain fines Apple and Amazon €194M for colluding to restrict competition

Spain’s antitrust watchdog has fined Amazon and Apple €194mn for colluding to limit the sale of Apple products by third-party sellers on the huge online retail platform, which “drastically” reduced competition.   The fine is the result of a case opened by the regulator, known as the CNMC, in July 2021, that sought to prove that the pair unfairly colluded to “reduce competition in the internet retail market for electronic products.”... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 07/19/2023 08:43 EDT

UK plan to police internet may be unlawful, force Wikipedia shutdown

British plans to police the internet may be unlawful and force Wikipedia to shut down in the country, critics have warned. The proposed legislation, named the Online Safety Bill, aims to protect people from illegal or “harmful” content. Under the rules, any platforms that host user-generated content will need to quickly remove any proscribed material, which ranges from porn to cyberbullying. Failure to comply could lead to massive fines, services... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 07/19/2023 07:23 EDT

New VR therapy helps schizophrenia patients rehabilitate

Researchers at Semmelweis University in Budapest have tapped into VR to help the rehabilitation process of schizophrenia patients. According to WHO, the disease affects approximately 24 million people worldwide and is associated with considerable disability, often impacting all areas of life such as personal, social, and occupational functioning. The scientists have developed the so-called VR-ToMIS therapy method (short for “Virtual-Reality based Theory of Mind Intervention in Schizophrenia”), which aims to Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 07/19/2023 06:23 EDT

Stellantis inks €10B in deals to secure chip supply for EVs

Today’s cars, especially EVs, rely on hundreds of different types of microchips to function. But supply chain shortages of semiconductors during the pandemic forced many automakers to cut down production of certain models, sounding a clear warning to the industry — securing a long-term supply of chips is a matter of business survival.  Stellantis, the world’s third largest automaker, has inked contracts worth  €10bn through 2030 with leading semiconductor manufacturers... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 2 place · 07/19/2023 03:47 EDT

Meet Europe’s hydrogen trailblazers on a quest for zero-emission air travel

Hydrogen-powered planes are, essentially, nothing new. The USSR flew the alternative fuel testbed Tupolev Tu-155 on hydrogen (and liquid natural gas) more than 35 years ago.  However, challenges associated with the technology meant that it was basically moth-balled for commercial aircraft operations (rocket fuel is another matter) — until now. With the future of the planet in peril, almost everyone in air transport wants to talk about hydrogen propulsion. From... Read more

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The Next Web
Sherzad Rahmatian @ The Next Web 3 place · 07/18/2023 07:57 EDT

Why brands actually benefit from staying true to their cultural roots

Six years ago I moved from the US to the EU to break from American culture and try something new. But in this short time, I’ve seen Amsterdam, my adopted home, morph into a place that can sometimes feel culturally more like San Francisco than a major European capital. My anecdotal experience is the result of a larger commercial exchange between Europe and the United States reaching new heights. A... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 07/18/2023 07:26 EDT

Ebike maker VanMoof goes bust, leaving riders in disarray

After pausing sales, closing stores, and being unable to pay its bills, beloved Dutch ebike maker VanMoof has officially been declared bankrupt. Just last week, Dutch courts granted the company a two-month ‘suspension of payment’ to protect it from creditors while it worked with administrators to find a solution. However, yesterday, the court of Amsterdam withdrew the suspension of payment and declared all three of VanMoof’s legal entities in the... Read more

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The Next Web
Dara Flynn @ The Next Web 1 place · 07/18/2023 04:39 EDT

Gender quotas in the boardroom are good for everyone — here’s why

After decades of admirable, if slow, progress toward gender balance in its boardrooms, Norway has taken a giant leap. Last month, the pioneering Nordic state mandated that 40% of seats on the boards of all large and medium-sized companies should go to women within five years. This makes Norway the first country in the world to take such a monumental measure and it means that by next year, 8,000 companies... Read more

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