Cloudflare’s engineering headcount surged 45 percent in the weeks after the company cut 1,100 jobs in May, according to BNP Paribas data drawn from LinkedIn profiles. The finding, first reported by Business Insider, shows Cloudflare’s engineering staff grew from 1,308 to 1,894 even as its total workforce shrank by a fifth. CEO Matthew Prince confirmed […] This story continues at The Next Web Read more ›
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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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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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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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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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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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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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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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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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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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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 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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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 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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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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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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AI image generators could undermine upcoming elections in the world’s biggest democracies, according to new research Logically, a British fact-checking startup, investigated AI’s capacity to produce fake images about elections in India, the US, and the UK. Each of these countries will soon go to the ballot box. The company tested three popular generative AI systems: Midjourney, DALL-E 2, and Stable Diffusion. All of them have content moderation of some... Read more ›
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Wardrobe malfunctions are never fun. When on Earth, they might be a nuisance or prove somewhat embarrassing. In space however, they could be a matter of life and death. Not to mention, how do you handle, uhm, laundry on the Moon? The European Space Agency (ESA) says that the next generation of lunar explorers will be kitted with a wholly upgraded set of spacesuits. And textile tech has come quite... Read more ›
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The rapid rise of AI has evoked mixed feelings to say the least. Some experts champion it as a “force for good,” while others forewarn it poses a “risk of extinction.” To assess how European consumers feel about artificial intelligence, decision intelligence company Morning Consult Pro surveyed 1,000 adults in five major markets across the continent: France, Germany, Spain, Italy, and the UK. The survey found that AI-powered online search... Read more ›
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Scientists have developed tiny robotic tentacles that travel into the lungs to detect and treat cancer. The device is just 2.4 mm in diameter and ultra-soft. It’s sent to the periphery of the lungs from the end of a bronchoscope — a thin tube with a light and camera. During the journey, magnets adapt the robot’s shape to the body’s anatomy. As it moves, both its form and position and... Read more ›
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Since launching in 2009, VanMoof, known for its sleek, high-tech city bikes, developed an almost cult-like following — from the streets of Amsterdam to New York. Today, what was once the world’s most-funded ebike startup is bankrupt, leaving riders angry, loyal followers depressed, and the industry wondering — what’s next? Pretty much everyone and their dog has an opinion on the matter. But we wanted to hear from those closest... Read more ›
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30.06.2026 00:33
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