European e-scooter and micromobility startup Dott raises $85 million
Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. Belgium-based investment company Sofina is leading the investment. Dott is a micromobility startup that is better known for it.....»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
5 key takeaways from April U.S. sales reports
U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»
Lucid to report Q1 earnings amid cash burn, waning EV growth
The startup produced 1,728 Air sedans in the first quarter, running behind its 2024 forecast of 9,000 vehicles. Lucid plans to launch a second model, the Gravity crossover, this year......»»
Rocket Report: Astroscale chases down dead rocket; Ariane 6 on the pad
Rocket Factory Augsburg, a German launch startup, nears a test-firing of its booster. Enlarge / This image captured by Astroscale's ADRAS-J satellite shows the discarded upper stage from a Japanese H-IIA rocket. (credit: Astrosca.....»»
Ransom recovery costs reach $2.73 million
Average ransom payment has increased 500% in the last year, according to Sophos. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are just one part of the cost. Excluding ransoms.....»»
Research explores energy and land-use practices on US golf courses
In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»
Apple will bring sideloading and other EU-mandated changes to iPadOS this fall
Company also updates fee policy for devs who don't use Apple's App Store. Enlarge (credit: Andrew Cunningham) Starting in March with the release of iOS 17.4, iPhones in the European Union have been subject to the EU's Di.....»»
International team cracks genomic code for earliest forms of terrestrial plant life
Plant life first emerged on land about 550 million years ago, and an international research team co-led by University of Nebraska–Lincoln computational biologist Yanbin Yin has cracked the genomic code of its humble beginnings, which made possible.....»»
Sideloading, third-party browser engines, and more are coming to the iPad in the EU this year
Earlier this week, the European Commission announced that iPadOS is now designated as a gatekeeper platform in the European Union, just like the iPhone and the App Store. In a new developer announcement today, Apple acknowledged this change and co.....»»
Weak magnetic field may have supported diversification of life on Earth
An unusual reduction in the strength of Earth's magnetic field between 591 and 565 million years ago coincided with a significant increase in the oxygen levels in the atmosphere and oceans, according to a paper published in Communications Earth & Env.....»»
EU Core Technology Fee for small & non-profit developers pared way back
Responding to criticism that its Core Technology Fee for EU developers could see small App Store developers owing Apple excessive fees, the company has revised its rules for eligibility.European Union flagsAs part of complying with the EU's mandate t.....»»
TOI-837 b is a young Saturn-sized exoplanet with a massive core, observations find
European astronomers have performed photometric and spectroscopic observations of a distant giant exoplanet known as TOI-837 b. As a result, they found that TOI-837 b is a young Saturn-sized planet containing a massive core, which challenges current.....»»
Huawei’s gorgeous Pura 70 phones just got expanded availability
The Huawei Pura 70 series, consisting of the Pura 70, 70 Pro and 70 Ultra, are confirmed to be hitting the European market with May 2 preorder availability......»»
Q&A: Jobs for young Africans—new data tool reveals trends and red flags
An estimated 23.6 million young Africans (aged 15–35) are unemployed—that's one in 22 (4.5%). With this number projected to grow to 27 million by 2030, the need for jobs is critical. But the key to good policies for job creation is good data......»»
Euclid telescope: Scientist reports on his quest to understand the nature of dark matter and dark energy
On July 1, 2023, Euclid, a unique European space telescope was launched from Cape Canaveral. The launch was undoubtedly the highlight of my career as an astronomer, but witnessing the result of years of work being put on a rocket is not for the faint.....»»
EU probes Meta for killing tool that enables real-time election monitoring
EU probes Facebook/Instagram owner for possible Digital Services Act violations. Enlarge (credit: Getty Images | Chesnot ) The European Commission today accused Meta of violating rules related to deceptive advertising, p.....»»
TikTok could be banned in Europe as well as the US
Hugely popular video app TikTok could be banned in Europe as well as the US, according to remarks made by the president of the European Commission. TikTok is also under two separate EU investigations, and President Biden last week signed a bill wh.....»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
Apple poaches AI experts from Google, creates secretive European AI lab
At least 36 former Googlers now work on AI for Apple. Enlarge / Apple has been tight-lipped about its AI plans but industry insiders suggest the company is focused on deploying generative AI on its mobile devices. (credit: FT mo.....»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»