In Brief

Microsoft buys 3.6M metric tons of carbon removal from bioenergy plant

Microsoft announced Thursday it would buy 3.6 million carbon removal credits from a biofuels plant in Louisiana owned by C2X. The plant, which is slated to begin operating in 2029, will process forestry waste into methanol, which can be used to power ships and planes and as a raw material for chemical manufacturing. Altogether, the […]

Microsoft buys 3.6M metric tons of carbon removal from bioenergy plant Read More »

You can now share live video with emergency services on Android

Google launched Android Emergency Live Video on Wednesday, which allows people to stream video when contacting emergency responders. This feature could help give first responders extra context in circumstances like car accidents, fires, or medical crises. There’s no setup required to use this feature. Instead, during an emergency call or text, a dispatcher can send

You can now share live video with emergency services on Android Read More »

CEO of South Korean retail giant Coupang resigns after massive data breach

Park Dae-jun has resigned as chief executive of South Korean retail giant Coupang after a data breach exposed the personal information of more than half of the country’s population. In a statement, Park apologized for the breach, citing a “deep sense of responsibility for the outbreak and the subsequent recovery process.” Coupang has replaced Park

CEO of South Korean retail giant Coupang resigns after massive data breach Read More »

SoftBank and Nvidia reportedly in talks to fund Skild AI at $14B, nearly tripling its value

SoftBank Group and Nvidia are in talks to lead an investment of over $1 billion at a $14 billion valuation in Skild AI, a software company building a foundational robotics model, Reuters reported. The nearly three-year-old startup was last valued at $4.7 billion in May when it raised $500 million in a round led by

SoftBank and Nvidia reportedly in talks to fund Skild AI at $14B, nearly tripling its value Read More »

Meta reportedly plans to slash Metaverse budget by up to 30%

Meta may be planning to make serious cuts to its Metaverse division, Bloomberg reported, citing anonymous sources. Company executives are mulling slashing the virtual reality platform’s budget by up to 30%, the report said, adding that any reductions would also include layoffs. If Meta does go ahead with such a plan, the move would reflect

Meta reportedly plans to slash Metaverse budget by up to 30% Read More »

Meta poaches Apple design exec Alan Dye to lead new creative studio in Reality Labs

Alan Dye, the design executive who led Apple’s user interface team for the last decade, is leaving the company to join Meta, according to a report from Bloomberg’s Mark Gurman. This is a significant hire for Meta, as the company makes a push toward consumer devices like smart glasses and virtual reality headsets. Dye will

Meta poaches Apple design exec Alan Dye to lead new creative studio in Reality Labs Read More »

Company backed by Donald Trump Jr.’s firm nabs $620M government contract

Vulcan Elements, a rare-earth magnets startup backed by Donald Trump Jr.’s VC firm 1789 Capital, has secured a $620 million contract from the U.S. Department of Defense, as reported by the Financial Times. The contract is part of a $1.4 billion partnership with the U.S. government and ReElement Technologies to expand and boost the domestic

Company backed by Donald Trump Jr.’s firm nabs $620M government contract Read More »