A world-first spacecraft reentry to Earth is approaching

Jul14
by on July 14, 2023 at 10:24 am
Posted In: Insider


A car-sized spacecraft is falling down to Earth — but there’s a plan to catch it. Aeolus, the first satellite to directly observe wind profiles from space, is almost out of fuel. Earth’s atmosphere and gravity are now dragging the 1360-kg craft down to our planet at increasing speed. In the original plan, Aelous was expected to fall naturally back to Earth. But the European Space Agency (ESA) has proposed another idea: an assisted re-entry — the first of its kind. Data from Aeolus was used by meteorology centres to improve weather forecasts. Credit: ESA To reduce the threat of…

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Google Bard is now available in the EU

Jul13
by on July 13, 2023 at 10:31 am
Posted In: Uncategorized


Google’s Bard AI chatbot is now available across the EU, following the tech giant’s compliance with the bloc’s GDPR regulation. In June, Google was forced to delay Bard’s rollout in the region, after the Irish Data Protection Commission (DPC) demanded stricter privacy measures to ensure the protection of European citizens. Today, ahead of the release, the chatbot’s Product Lead Jack Krawczyk said that the company has satisfied the DPC demands, providing users with information and control over how their data is being used and stored. “Google has made a number of changes,” specifically when it comes “to control for users,”…

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Amazon sues EU for calling it a ‘Very Large Online Platform’

Jul12
by on July 12, 2023 at 9:28 am
Posted In: Uncategorized


Amazon, Jeff Bezos’ online retail behemoth that registered over 300 million active users and raked over $500bn last year, says it doesn’t fit the EU’s definition of a Very Large Online Platform (VLOP).  The Silicon Valley firm is so adamant it isn’t a VLOP, it is suing the EU over the matter, making it the first (and probably not the last) US company to challenge the bloc’s new digital content rules.   Amazon was among the first of 18 companies to be designated a VLOP in late April under the EU’s new Digital Services Act (DSA), designed to curb hate speech…

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VCs assemble! NATO picks investment team for €1B deep tech fund

Jul11
by on July 11, 2023 at 9:43 am
Posted In: Uncategorized


NATO has picked the investment team that will oversee the management of its €1 billion deep tech venture fund, set for launch this week in Vilnius at the alliance’s annual summit. The NATO Innovation Fund (NIF) is slated to be the world’s first multi-sovereign venture capital fund and will back startups developing deep tech for defence and security applications.   The fund will invest €1 billion euros over a 15-year period into early-stage companies and other VC funds developing emerging and disruptive technologies — to be used in military and defence applications. These include artificial intelligence; big-data processing; quantum technologies; autonomy;…

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Water tech could be the next gold rush for European VCs

Jul08
by on July 8, 2023 at 4:00 am
Posted In: Uncategorized


While many of us in Europe take it for granted, access to freshwater today, and in the future, is far from guaranteed. Demand is skyrocketing but supply is diminishing. Many of the ways in which water is used are inefficient and antiquated, and climate change is making the entire problem a lot worse.  Europe just had its most severe drought in 500 years. Industries are being forced to shut down or divert water from other sources to maintain operations, while protests have broken out over shortages, most recently in France and Spain. Experts predict that global freshwater demand will outstrip…

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