New £1B fintech fund aims to plug UK’s £2B funding gap
The UK has devised a novel solution for a funding gap: more funding. In a bid to strengthen the country’s financial sector, up to £1bn (€1.2bn) has been allocated to…
This debit card lets you fund scientific research while you spend
The UK’s first bank account dedicated to accelerating science and technology is set to launch next month. Science Card is the brainchild of Daniel Baeriswyl — during his PhD in…
UK’s promise to protect encrypted messaging is ‘delusional,’ say critics
The British government’s promise to protect encryption has been pilloried by security experts and libertarians. The dispute stems from a section of the Online Safety Bill. Under the legislation, messaging…
Influencers have made social media a booming market for counterfeit goods, study finds
Social media influencers are facilitating the trade in counterfeit goods, according to new research by Portsmouth University. After analysing surveys of 2,000 people in the UK, the study team found…
Aerospace tech company to issue contrail reduction ‘credits’
UK-based aerospace software startup SATAVIA announced today that sustainability certification body Gold Standard has approved its methodology concept to issue what could be referred to as “contrail credits.” Rather than…
Adopting robots makes profits drop before they rise, study finds
As demand for industrial robots surges, new research suggests the rewards are slow to materialise. According to the Cambridge University study, robots typically cause early losses before they can yield a…
Airbus joins transatlantic mission to build ISS replacement
As the International Space Station approaches retirement, a transatlantic team is creating a replacement: Starlab. Airbus and US startup Voyager this week announced a joint venture for the project. The…
France’s AFP sues Twitter over non-payments for displaying news
A bad week for Elon Musk just got even worse. After enduring a scandal over Tesla’s driving ranges, a risible rebrand of Twitter, and a divisive feud with hate-speech researchers, Musk…
New DeepMind AI model can control robotic actions it was never trained to do
Google DeepMind has a new AI model that can direct robotic tasks it was never trained to perform. Named RT-2, the model learns from web and robotics data. It then…
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 —…
Generative AI could undermine upcoming elections in US and India, startup warns
AI image generators could undermine upcoming elections in the world’s biggest democracies, according to new research Logically, a British fact-checking startup, investigated AI’s capacity to produce fake images about elections…
European aerospace giant to study plans to ‘harvest’ solar energy in orbit
Thales Alenia Space will fine-tune plans to “harvest” solar energy in orbit, the European firm announced on Monday. Named Solaris, the project aims to provide Earth with energy from space-borne…
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