How Mike Lynch took on the US Justice Department and HP — and won

Aug22
by on August 22, 2024 at 3:17 pm
Posted In: Uncategorized


Today, divers recovered the body of tech entrepreneur Mike Lynch from the wreckage of his family’s superyacht Bayesian, which sunk off the coast of Sicily on Monday.  Lynch — sometimes referred to as “Britain’s Bill Gates” — was holidaying in Sicily with his family and friends when disaster struck. An intense storm caused the Bayesian to capsize, plunging it to the bottom of the Mediterranean within minutes. Of the 22 people on board, seven died, including Lynch and his 18-year-old daughter Hannah. The tragedy comes just two months after a US jury found Lynch innocent of fraud charges in relation…

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Tallinn startup bags €2.3M to turn CO2 into ‘critical’ graphite for EV batteries

Aug21
by on August 21, 2024 at 3:20 pm
Posted In: Uncategorized


Up Catalyst has closed a €2.36mn seed extension round to accelerate the development of an industrial pilot reactor that turns CO2 emissions into carbon materials. According to the Tallinn-based startup, the reactor will be able to produce 100 tonnes of CO2 per year. These can deliver 27 tonnes of advanced carbon materials, such as carbon nanotubes and graphite — a key component of EV batteries. The company’s technology isolates CO2 from flue gasses from heavy industry emitters. It then uses a process called molten salt electrolysis to turn it into green carbon. “We’re essentially electro-transforming carbon dioxide gasses into carbon…

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TSMC’s first chip factory in Europe gets €5B state aid from Germany

Aug20
by on August 20, 2024 at 12:56 pm
Posted In: Uncategorized


The European Commission today approved €5bn in German state aid to support TSMC’s chip plant in Dresden — its first in Europe. Dubbed European Semiconductor Manufacturing Company (ESMC), the fab is a joint venture between the Taiwanese chip giant, the Netherlands’ NXP, and Germany’s Bosch and Infineon. TSMC will own 70% of the factory, while the European chipmakers will each have a 10% equity stake. The €5bn state aid is part of the EU’s Chips Act, which aims to increase the bloc’s share of global chip production to 20% by 2030. It’s also the biggest grant to date under the…

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Robot coaches are reading brain signals to support stroke rehabilitation

Aug19
by on August 19, 2024 at 11:01 pm
Posted In: Uncategorized


Robot coaches that read brain signals could pave a new way for the rehabilitation of stroke and brain injury survivors. That’s according to the EU-funded VITALISE project, led by researchers from the UK’s National Robotarium and developed in partnership with the AIT Austrian Institute of Technology. The three-month trial, which was completed in Vienna, targeted individuals with upper limb impairments. These affect approximately 80% of acute stroke survivors and are a common side effect of brain injuries. Improving arm function in such cases involves practicing task-specific exercises repeatedly. But often, lack of motivation or visual progress indicators can negatively affect…

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Kim Dotcom: 5 outrageous moments from the internet’s anti-hero

Aug16
by on August 16, 2024 at 3:12 pm
Posted In: Insider


German-Finnish internet anti-hero Kim Dotcom is perhaps one of the most eccentric, and divisive, figures in tech history. A serial cybercriminal to some, a large-than-life legend to others. You either love him or you hate him. Either way, boy does he know how to generate headlines. News broke this week that Dotcom is being extradited to the US to face criminal charges related to his defunct file-sharing service Megaupload. In 2012, US authorities accused Dotcom of conspiracy to commit racketeering, wire fraud, copyright infringement, and racketeering in relation to the website.  Since then, the multi-millionaire has been hiding out in…

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