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 ›
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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 ›
1
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 ›
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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 ›
0
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 ›
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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 ›
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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 Luleå — in 2020, as part of the HYBRIT project. The initiative aims to prove that steel can... Read more ›
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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 ›
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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 ›
1
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 ›
0
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 ›
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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 ›
0
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 ›
0
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 ›
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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 ›
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Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Linnea and Andrii talk about a silent hangar in the UK, the fate of Boeing Starliner, the detention of Pavel Durov in France, renewable energy and Iceland, and a few... Read more ›
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The cumulative value of Europe’s active unicorns now sits at €447.4bn — 3% higher than in 2023, according to a new report from Pitchbook. The report also found that unicorn deal value continued to show signs of recovery during the second quarter of 2024. Specifically, it jumped from €1bn in Q1 to €2.4bn in Q2. The continuous valuation growth of 2024 implies a 12.3% increase for the full year from... Read more ›
0
Google’s plans for a third data centre in Dublin have hit a snag. Unimpressed by the lack of on-site renewable energy sources to power the facility, the South Dublin County Council today announced it had refused the tech giant’s expansion scheme. Along with many other tech firms, Google has its European headquarters in the Irish capital, and currently employs around 5,000 people in the country. It also already has two... Read more ›
3
Volkswagen has teamed up with gaming platform AirConsole to make multiplayer games part of the in-car experience for European drivers and passengers. AirConsole offers a large number of casual games, ranging from racing and sports to puzzles and quizzes. The German carmaker expects to launch the feature in the first European countries in September. It will add more countries by the end of the year. The vehicle lineup includes several... Read more ›
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French prosecutors have shed further light on the arrest of Telegram CEO Pavel Durov. Durov was apprehended on Saturday at Le Bourget Airport near Paris after landing on his private jet. The Russia-born billionaire — a dual citizen of France and the UAE — was detained over alleged offences related to Telegram. Durov and his brother Nikolai launched the messaging and social media app in 2013. With almost 1 billion... Read more ›
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Most popular sources
Business Insider
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20% 12 |
The Verge
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9% 3 |
Tech Wire Asia
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8% 1 |
Tom's Hardware
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8% 5 |
Gizmodo
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8% 3 |
| View sources » | |
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27.11.2024 07:28
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