Skype founder’s VC firm Atomico raises $1.24 billion Europe tech fund

Skype founder’s VC firm Atomico raises .24 billion Europe tech fund

Niklas Zennstrom, CEO of Atomico and co-founder of Skype. Simon Dawson | Bloomberg | Getty Images LONDON — Atomico, an early investor in top European technology firms from Stripe to Klarna, announced Monday the launch of two new funds worth $1.24 billion to back emerging and growth-stage startups in the sector. The launch of Atomico’s … Read more

Huawei’s tri-fold phone gets 2.7 million pre-orders before iPhone 16 launch

Huawei’s tri-fold phone gets 2.7 million pre-orders before iPhone 16 launch

Huawei is planning to release a three-fold smartphone on Sept. 10, just hours after Apple’s scheduled new iPhone launch. Cfoto | Future Publishing | Getty Images BEIJING — Huawei has received more than 2.7 million pre-orders for its tri-fold smartphone, its website showed on Monday. The Chinese company began pre-orders for its Mate XT midday … Read more

How small modular reactors could expand nuclear power in the U.S.

How small modular reactors could expand nuclear power in the U.S.

Nuclear plants could become smaller, simpler and easier to build in the future, potentially revolutionizing a power source that is increasingly viewed as critical to the transition away from fossil fuels. New designs called small modular reactors, or SMR in shorthand, promise to speed deployment of new plants as demand for clean electricity is rising … Read more

The Try Guys has quickly found success in launching subscription model

The Try Guys has quickly found success in launching subscription model

Zach Kornfeld and Keith Habersberger of the Try Guys JD RENES The Try Guys, one of YouTube’s most established creator groups, have successfully abandoned their reliance on Google’s algorithms and advertiser revenue by launching a standalone streaming service called 2nd Try. And it’s already starting to pay off. Brand partnerships, sponsored content and advertising have … Read more

Dell and Palantir to join S&P 500; shares of both jump

Dell and Palantir to join S&P 500; shares of both jump

Alex Karp, CEO of Palantir Technologies, speaks at the World Economic Forum in Davos, Switzerland, Jan. 18, 2023. Arnd Wiegmann | Reuters Dell and Palantir shares both surged about 7% in extended trading on Friday after S&P Global announced that the two technology companies would join the S&P 500 U.S. stock index. Palantir will take … Read more

Boeing Starliner set to leave ISS empty, months later than planned

Boeing Starliner set to leave ISS empty, months later than planned

Boeing spacecraft Starliner is seen from the window of SpaceX’s Dragon capsule “Endeavour” on July 3, 2024 while docked with the International Space Station during the crew flight test. NASA Boeing‘s Starliner is set to leave the International Space Station on Friday, months later than the spacecraft was originally supposed to depart — and without … Read more

Roblox will let developers sell games for real money, not just Robux

Roblox will let developers sell games for real money, not just Robux

The New York Stock Exchange welcomes executives and guests of Roblox in celebration of its direct listing, March 10, 2021. NYSE Roblox, the popular kid’s gaming platform that generates billions of dollars a year in the virtual world, is getting real. The company said on Friday that some game developers on the platform will be … Read more

Why it’s so difficult to build nuclear power plants in the U.S.

Why it’s so difficult to build nuclear power plants in the U.S.

Plant Vogtle, a nuclear power plant in Waynesboro, Georgia, is the largest source of clean energy in the U.S. following the addition of two new reactors, according to Georgia Power. The plant’s unit 4 reactor began commercial operations in April and unit 3 went online last year. They are the first reactors built from scratch … Read more

OpenAI gives artists access to Sora for New York gallery exhibit

OpenAI gives artists access to Sora for New York gallery exhibit

OpenAI announced Friday a New York City art gallery collaboration that gives artists access to unreleased artificial intelligence tools. The exhibit, a series called “Strada Nuova: New Road” on view at Strada Gallery will run for three weeks and centers on a “diverse group of artists [that] is curated to consist of brilliant researchers, academics, … Read more

Google second antitrust trial advertising model

Google second antitrust trial advertising model

A pedestrian passes by the Google office in New York City on Jan. 25, 2023. Leonardo Munoz | View Press | Getty Images A month after losing a landmark antitrust case brought by the Department of Justice, Google is headed back to court to face off for a second time against federal prosecutors. In August, … Read more