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…
UK’s first drone delivery service launches in remote Scottish islands
Remote communities off the Scottish coast are now the first people in the UK to have their mail delivered by drone. Royal Mail and London-based Skyports Drone Services launched the…
New hope for Microsoft-Activision deal after UK regulator reopens consultation
The UK’s antitrust watchdog has called for more public input on Microsoft’s bid for Activision-Blizzard, renewing hopes that the deal will be approved. The Competition and Markets Authority (CMA) originally…
Telecoms giant BT wants to turn old broadband boxes into EV chargers
The innovation arm of British telecoms giant BT — called Etc. — is looking to convert the Group’s street cabinets into EV charging points. The big green cabinets, a common…
Virtual worlds pioneer targets sports for revival of metaverse dream
On a typical visit to a sports stadium, you don’t bump into 20-metre-tall giants outside the gates. But this isn’t your typical sports stadium. It’s the MLB virtual ballpark —…
These antimicrobial spacesuits could solve astronauts’ laundry woes
Wardrobe malfunctions are never fun. When on Earth, they might be a nuisance or prove somewhat embarrassing. In space however, they could be a matter of life and death. Not…
VanMoof: What startups can learn from the rise and fall of an ebike superstar
Since launching in 2009, VanMoof, known for its sleek, high-tech city bikes, developed an almost cult-like following — from the streets of Amsterdam to New York. Today, what was once…
New zinc battery tech can store and produce green hydrogen on demand
While our transition to renewable energy is critical if we are tomeet our climate targets, fully relying on sources such as solar and wind still presents a major challenge: efficient…
Europe’s largest ever solar telescope set to enter construction phase
Seven European countries have joined forces to begin construction of the European Space Telescope (EST) — the largest of its kind to ever be built in the continent. On Tuesday,…
Germany syphons €20B from climate pot to fund chip fabs
Germany’s finance ministry is investing €20bn from its climate fund to bolster local production of semiconductors — critical components in everything from smartphones to fridges. The money will be doled…
Why upskilling opportunities should be at the top of every job seekers list
The tech sector is in the throes of a so-called “double disruption,” dealing with the economic fallout of a two-year pandemic and wrestling with the swift advance of AI at…
Can new advances in AI bring the ‘human touch’ chatbots are sorely missing?
When chatbots first became commercially accessible, companies big and small embraced them with open arms. “Have a robot handle easy customer service questions in seconds? Amazing!” — we thought. The…
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