The Inflation Reduction Act has clearly kickstarted investment in U.S. clean energy manufacturing. Last year, automakers and battery manufacturers announced that they’d spend tens of billions of dollars to ramp up EV production in the U.S. Now it’s solar’s turn. Today, Korean solar manufacturer Hanwha Qcells announced that it’ll spend $2.5 billion to build a
Month: January 2023
Privacy watchers keen to dig into the regulatory reasoning underpinning two major decisions against Meta earlier this month — which struck down Facebook and Instagram’s claim of contractual necessity as a valid legal basis to run behavioral advertising on users in the European Union — can now sift through the detail after the complainant, privacy
This was the CES of putting things on my face. I spent time with the Magic Leap 2, Meta Quest Pro, Vive XR Elite and PSVR2 over the course of a few days. All of those products fit in the same bucket, more or less. And then there’s the Dyson Zone, a product that, quite
It may have been a weird feeling to watch Golden Globe Awards live on television this year. Last year, the Hollywood Foreign Press Association (HFPA), the organization that hosts the ceremony, was criticized for lacking diversity, so NBC announced it wouldn’t broadcast the awards show and the event’s winners were live-tweeted instead. The HFPA claims it’s
BMW AG CEO Oliver Zipse’s CES keynote last night introduced the German carmaker’s push into AI and a re-envisioning of dashboard displays with augmented reality. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: https://tinyurl.com/ycyevxda Get the latest in tech from
Abby Miller Levy Contributor Last year was when we all got the wake-up call about longevity. From major reports published on the impact of longevity by the National Academy of Medicine and McKinsey to every leading newspaper, public discourse highlighted how our global healthcare, financial and housing infrastructure was failing to serve a rapidly growing
About 25% of the startups on Secfi’s platform cut their valuations last year Frederik Mijnhardt 9 hours Frederik Mijnhardt Contributor Frederik Mijnhardt is the CEO of Secfi, an equity planning, stock option financing and wealth management platform for startup executives and employees. More posts by this contributor How investors can still get strong returns from
Bad news for Google in Germany — where the antitrust watchdog has issued a preliminary statement of objections over its data processing terms and said it’s currently planning to require the tech giant to provide users with more choice over what it does with their information. The Bundeskartellamt, or Federal Cartel Office (FCO), has been investigating
Samsung announced today that it’s holding the next Galaxy Unpacked event on February 1 at 10.30 AM PT/1.30 PM ET. The company will expectedly announce the S23 series of phones at its first in-person event in three years. The South Korean tech giant is hosting this event in San Fransico with a “Get ready to
Netflix will continue its foray into livestreaming with a new multi-year partnership with the Screen Actors Guild (SAG) Awards. Beginning in 2024, the award ceremony will be broadcast live on the streamer, becoming the first major film and television awards show to air on Netflix. As part of the new deal, Netflix will stream this
You don’t need to be an economist to appreciate the myriad forces placing downward pressure on startups today. Setting aside the legions of investors keeping their powder dry, is your yearly revenue growing faster than the inflation rate? What percentage of your sales team has experience working during a downturn? Amidst the angst, there’s some
The crypto venture capital industry has become more selective thanks to the general market downturn and wavering trust caused by a slew of scandals and market disruptions, but investors at major firms are still writing checks in the space. Amid market volatility, decentralized finance, or DeFi, is an area that continues to be in focus
There are some mega-trends playing out across developed-world workforces that startups are picking up on. There’s the digitisation of healthcare, the ‘platforming’ of employee services, and the macro effects of older employees, combined with the cost of living crisis for new parents. Founded in London in 2018, Peppy offer services around menopause, fertility, pregnancy and
AR/VR/MX took center stage at CES 2023. Automotive trends got a lot of love, as well, as did robotics and the metaverse. Heck, even pee-related gadgets had their moment to shine last week in Vegas. Another trend, however, was ever-present, if decidedly more understanded. The last few years have been a roller coaster for the
A live-action series based on the tabletop roleplaying game Dungeons & Dragons is coming to Paramount+. The pilot of the show was written and directed by Rawson Marshall Thurber, who wrote films like “Dodgeball” and “Red Notice.” The series will be co-produced by Hasbro’s eOne and Paramount Pictures, which are also working together on the upcoming
Investment giant Fidelity announced today that it has acquired Shoobx, a venture-backed fintech startup, for an undisclosed amount. Jason Furtado and Stephan Richter founded Boston-based Shoobx in 2013, according to Crunchbase. The pair went on to raise a known $10 million in funding for the company with investors such as Austin-based Scout Ventures and Steve
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Haje is still dazed from spending a week deep in the bowels of Las Vegas for CES 2023 but is grateful to be back in the Daily Crunch saddle. Let’s see what’s
Activity in the self-driving car industry, frenetic for years, has somewhat stalled in more recent times, but a handful of the most promising companies are continuing to see their businesses grow and attract investment in the process. In one of the more recent developments, Oxbotica, a startup out of England that develops software to power
Here’s something that seems all but a guarantee: The way we purchase expensive electronics is going to change. Years after the U.S. began moving away from the carrier-based model of phone purchases, it seems as though we’re heading toward another sort of subscription model in the form of hardware as a service. Even with that
Xfinity announced today that customers using the Xfinity Stream app can now use Apple AirPlay to stream and share content directly to Apple TV 4K and other AirPlay-supported devices, such as Samsung smart TVs, LG, Sony, Vizio, and smart speakers like Bose and Sonos. AirPlay functionality is important for a pay TV streaming app, so
Sep.19 — Four space tourists safely ended their trailblazing trip to orbit Saturday with a splashdown in the Atlantic off the Florida coast. Their SpaceX capsule parachuted into the ocean just before sunset, not far from where their chartered flight began three days earlier. The all-amateur crew on the Inspiration4 mission was the first to
The need for data observability, or the ability to understand, diagnose and orchestrate data health across various IT tools, continues to grow as organizations adopt more apps and services. (Nearly 10% of businesses now have more than 200 apps to manage, according to a recent Okta study.) In a large-scale survey of IT decision makers
This year will be more about nailing it than scaling it Lonne Jaffe 9 hours Lonne Jaffe Contributor The momentum of the most active 12 months ever for venture investing did not carry over well into 2022, to say the least. As interest rates and inflation spiked, geopolitical challenges arose and the economy began trending
Facebook-owner Meta and its lead data protection regulator in the European Union, the Irish Data Protection Commission (DPC), are facing an interesting legal challenge over a major data-scraping breach that led to a €265 million penalty for Facebook last year under the bloc’s General Data Protection Regulation (GDPR). The legal action, reported earlier by the Irish
It was the year of XR. But then, they all seem to be, these days. Strong presences from Meta, Magic Leap, Sony and HTC led the way at this year’s CES, with hundreds of startups picking up the rear. I was dazzled by a few demos but ultimately left wondering what form a true mainstreaming
Dish-owned live TV streaming service Sling TV is looking to catch up with competitors with the launch of new features like user profiles and the promise of more changes to come in 2023. The company began quietly rolling out the user profiles feature just ahead of the Consumer Electronic Show last week, initially on Android
About a decade ago, Donghwan Kim helped his cousin, a ceramist, look for sales channels, like flea markets, to sell his ceramics. But they had a hard time locating a suitable platform, so after about a year, Kim decided to create a marketplace for handmade goods himself in South Korea called Backpackr. Today, Backpackr, which
Supermom, a parenting platform with 20 million users in six Southeast Asian countries, offers parents price comparisons, communities and the chance to earn money by completing surveys. For brands, it gives them a way to conduct market research and collect first-party data, which is important as marketers prepare for a post-cookie world. The Singapore-based startup
I can’t get it out of my head: A honkingly big Caterpillar sign that read, “JOIN US AS WE BUILD A BETTER WORLD.” The digital recruitment billboard at CES 2023 followed promos for an autonomous compactor and excavator, and proceeded another callout: “CHECK OUT OUR BIG AUTONOMOUS TRUCK ⬇.” I did, and boy was it
Running a data center means that you have to find innovative ways to manage heat from the servers. And French startup Qarnot is standardizing its process to reuse fatal heat and turn it into an asset. While the startup has been around for a while, Qarnot now wants to reach the next level. It has
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