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The Next Web
Ioanna Lykiardopoulou @ The Next Web 3 place · 09/03/2024 11:30 EDT

Embracing pivots: insights from a nanotech startup founder

Any startup is looking to solve a problem. Sometimes, it is not the one you first envisioned when you set up the company, as Mari-Ann Meigo Fonseca, co-founder of Tallin-based Gelatex can attest. Gelatex manufactures 3D nanofibrous scaffolds for various applications, ranging from cell culture to tissue engineering. “But we started the company with a completely different business idea in mind,” Meigo Fonseca tells TNW. Initial target: the textile industry... Read more â€ș

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The Next Web
Linnea Ahlgren @ The Next Web · 09/03/2024 10:43 EDT

Iceland’s sonic simulator Treble wants to build ‘a better sounding world’

Iceland has a proud tradition in acoustics. The island has given birth to some of the most mesmerising soundscapes from artists over the past decades.  Björk, Sigur RĂČs, Ólafur Arnalds — all have been inspired by the otherworldly settings of their home country’s ambience to create their own sublime sonic landscapes.  Keeping up the acoustic adventures where the Atlantic and Arctic oceans meet is Treble Technologies. The Reykjavik-based sound simulation... Read more â€ș

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 2 place · 09/03/2024 09:39 EDT

The Dutch are having none of Clearview AI harvesting your photos

GDPR fines keep amassing for Clearview AI — a US-based startup known for its thorough (and potentially perilous) facial recognition services. Following similar measures by data protection authorities in France, Italy, and Greece, the Netherlands’ DPA today hit Clearview with a €30.5mn fine for its “illegal” database of photos. This brings the company’s total fines in the EU to €90.5mn. Clearview offers its facial recognition solutions to intelligence and investigative... Read more â€ș

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The Next Web
SiÎn Geschwindt @ The Next Web 2 place · 09/03/2024 08:22 EDT

HP pursues $4B in damages from family of deceased tech billionaire Mike Lynch

Only two weeks after Mike Lynch and his daughter Hannah died in a superyacht accident off the coast of Sicily, Hewlett Packard Enterprises has vowed to press ahead with a high court lawsuit against the family of the late British tech entrepreneur. The Silicon Valley giant said in a statement it would follow the legal proceedings “through to their conclusion.” The firm is seeking damages of up to $4bn. HP’s... Read more â€ș

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 1 place · 09/03/2024 06:13 EDT

Europe’s semiconductor sector calls for immediate ‘Chips Act 2.0’

ESIA, the association representing Europe’s semiconductor industry, has called for an “immediate Chips Act 2.0” — if the bloc is to maintain momentum in the global race for technological leadership. The group comprises major chipmakers such as NXP and Infineon as well as research organisations including imec and Fraunhofer. The EU’s Chips Act entered into force in September 2023. It aims to mobilise €43bn in public and private investments that... Read more â€ș

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The Next Web
Andrea Hak @ The Next Web · 09/03/2024 04:28 EDT

2 very common mistakes founders make that can kill your startup

It takes a special kind of person to decide to found a startup. The long hours require energy, devotion, and continuous motivation. In the beginning, you need to be a jack of all trades, able to understand and jump on parts of the business you may not be familiar with, until you have the capital to hire people who are better at those tasks. But founders are human just like... Read more â€ș

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The Next Web
SiÎn Geschwindt @ The Next Web · 09/02/2024 11:08 EDT

Swedish startup Enerpoly has opened the world’s first zinc-ion battery megafactory. Its vision is to scale a better alternative to lithium-ion for storing renewable energy over longer periods of time. The Enerpoly Production Innovation Center (EPIC) facility is located north of Stockholm. Commissioning has already begun and the plant is expected to make the first zinc-ion batteries next year. The company aims to reach a maximum production capacity of 100MWh... Read more â€ș

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The Next Web
Mark Boost @ The Next Web 3 place · 09/02/2024 09:00 EDT

The recent CrowdStrike crash took place at the intersection of bad cybersecurity and bad cloud computing. The headlines showed the world what many of us have long warned about — that concentrating power with a handful of tech titans is dangerous and can have devastating real-world consequences.  It didn’t take a cyberattack to cause this global crisis — just a simple mistake. One faulty update from CrowdStrike affected businesses, governments,... Read more â€ș

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The Next Web
SiÎn Geschwindt @ The Next Web · 09/02/2024 07:07 EDT

Samsung completes €86M takeover of French AI ultrasound startup Sonio

Samsung Medison, a medical equipment unit of Samsung Electronics, has completed its acquisition of French AI-powered ultrasound startup Sonio in a deal worth 126.5bn Won (€86mn).  Founded in 2020, Sonio has developed an AI assistant that helps doctors conduct ultrasound exams faster and more accurately. The French startup recently received FDA approval for Sonio Detect, a product that uses deep learning algorithms to improve the image quality of ultrasound scans... Read more â€ș

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The Next Web
SiÎn Geschwindt @ The Next Web 1 place · 08/30/2024 11:31 EDT

Spain is luring digital nomads into the countryside with €15,000 grants

In Barcelona, digital nomads risk being attacked by angry water pistol-wielding locals. But other parts of sun-soaked Spain are welcoming remote workers with open arms — and wads of cash. This week, the local government of Extremadura announced it is offering digital nomads and remote workers up to €15,000 to move to the rural region. The grants are for “available housing, arable land, and everything necessary to expedite their arrival,”... Read more â€ș

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The Next Web
SiÎn Geschwindt @ The Next Web 1 place · 08/30/2024 06:51 EDT

Uber backs Wayve as it targets level 4 autonomous vehicles

Uber has made an investment in Wayve, as the ride-hailing giant positions itself to profit from the moment when (or if?) autonomous vehicles finally go mainstream. The undisclosed investment is an extension of Wayve’s massive $1bn funding round, announced in May. Under the deal, Uber has taken a minority stake in the London-based self-driving startup. “Wayve’s advanced embodied AI approach holds a ton of promise as we work towards a... Read more â€ș

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The Next Web
SiÎn Geschwindt @ The Next Web 2 place · 08/29/2024 11:04 EDT

Sweden’s been stealthily using hydrogen to forge green steel. Now it’s ready to industrialise

Deep in Sweden’s icy north sits a small factory where the country’s largest industrial players have been steadily validating a new technology that could clean up one of the dirtiest industries on Earth.  Energy giant Vattenfall, steel-maker SSAB, and mining firm LKAB built the facility — located in the small town of LuleĂ„ — in 2020, as part of the HYBRIT project. The initiative aims to prove that steel can... Read more â€ș

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The Next Web
Amir Vashkover @ The Next Web 3 place · 08/29/2024 08:37 EDT

Quantum computing: the inevitable threat to information security

In an era where technological advancements continually reshape our world, one of the most significant emerging threats is quantum computing.  This powerful technology, while promising revolutionary benefits, poses a substantial risk to our current cybersecurity infrastructure. As we stand on the brink of this quantum revolution, it is imperative to understand the potential dangers and prepare accordingly. The quantum leap       Quantum computing harnesses the principles of quantum mechanics to perform... Read more â€ș

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 08/29/2024 07:38 EDT

Over a third of the UK’s fastest-growing companies have a founder born abroad

Here’s a timely reminder of the benefits that immigrants bring to startups: 39% of Britain’s 100 fastest-growing companies have a foreign-born founder. That’s according to new research the Entrepreneurs Network, a think tank based in London. The findings show “the critical contribution” that international talent makes to the UK, the report’s authors said. Undoubtedly, they have an outsized impact on the country’s startups. Immigrants comprise an estimated 14.8% of Britain’s... Read more â€ș

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The Next Web
Andrii Degeler @ The Next Web · 08/28/2024 17:48 EDT

When everyone is in the wrong: Telegram’s Durov must remain in France and post a €5M bail

This just in: French prosecutors have charged Telegram’s Russian-born founder Pavel Durov with a wide range of crimes and banned him from leaving the country. He’s now placed under a heavy judicial control with twice-a-week police check-ins and has to post a €5mn bail, according to a statement by Paris Public Prosecutor Laure Beccuau. This development marks a major milestone in what seems to be one of this year’s most... Read more â€ș

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The Next Web
Thomas Macaulay @ The Next Web 3 place · 08/28/2024 12:05 EDT

For Lego, the future is increasingly digital. Pity your inner child

As one of millions of adults who grew up building Lego, the company’s digital adventures distort my childhood memories. Yet my screaming inner infant can’t derail the transition. Our beloved bricks have now been in video games for nearly three decades. Since debuting on Sega Pico in 1995, the Lego games empire has expanded across over 80 titles and 200 million sales. The biggest hits have come from licensing deals.... Read more â€ș

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 08/28/2024 11:15 EDT

Opinion: AI’s ability to replace jobs shouldn’t be flaunted

AI is here to stay, for better or for worse. In the business world, the exponential use of artificial intelligence has sparked both hopes of unprecedented productivity — and fears of job loss. According to a recent survey  by EY, more than two in three employees in Europe are worried that AI will eliminate jobs. Blunt announcements by prominent European tech companies are doing nothing to help alleviate these concerns.... Read more â€ș

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The Next Web
SiÎn Geschwindt @ The Next Web · 08/28/2024 11:03 EDT

New Barbie dumbphone could cleave tweens from their screens

Exactly 65 years since the first Barbie doll was released, the Barbie Phone has finally arrived.  As you might expect, the flip-phone is pink. Very pink. And it comes with all sorts of glittery extras so you can bedazzle it to your heart’s content — and relive some late-90s Barbie nostalgia.  The phone is also dumb. Very dumb. No social media, no apps — just good ol’ fashioned SMS and... Read more â€ș

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 08/28/2024 09:59 EDT

This app makes it easier for neurodivergent people to navigate daily tasks

Copenhagen-based Tiimo has raised an additional $1.6mn in funding to expand its app supporting neurodivergent individuals in their daily life. Neurodivergent individuals — those with autism, ADHD, dyslexia, and other cognitive differences — make up about 15% to 20% the population. However, tailored tools to boost productivity and daily life management for people who think differently are still insufficient. Tiimo is on a mission to change this. Behind the startup... Read more â€ș

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The Next Web
Thomas Macaulay @ The Next Web · 08/28/2024 07:11 EDT

Korean skin care firm taps ‘true colour’ camera from Belgian startup

Spectricity has a new target for the startup’s “true colour” camera: skin care analysis. The Belgian company has signed a deal with Korea’s Lululab to develop the application. Together, the partners plan to create a new generation of smart skin care on mobile devices. Spectricity’s unique camera system will collect the underlying images. The tiny snapper is powered by a multispectral sensor, which measures light from 16 colour channels. Standard... Read more â€ș

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