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 dir

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 progres

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

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

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 announced a joint venture for the project. The two companies will develop, build, and operate Starlab, whi

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 Fr

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

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

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

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


Google DeepMind has a new AI model that can control robotic tasks it’s never been trained to do. 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 perf


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