Technology
After seeing Hawaii’s beaches littered with plastic, this islander built a company to make straws from seaweed
At Sunday Motor Co. Café in Madison, New Jersey, customers are sampling the latest in biodegradable non-plastic utensils. Specifically, straws made of seaweed. The dispenser says, “Designed to Disappear,” which is exactly what the co-founder of sustainable start-up Loliware envisioned. Chelsea Briganti, who goes by “Sea,” was born and raised in Hawaii, where, as a […]
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Klarna to lay off 10% of its workforce as souring economy hits buy now, pay later space
Buy now, pay later products like Klarna’s became wildly popular in the Covid pandemic. Noam Galai | Getty Images Klarna plans to lay off about 10% of its global workforce, making the buy now, pay later firm the latest major tech company to announce job cuts. Sebastian Siemiatkowski, Klarna’s CEO and co-founder, made the announcement […]
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DC AG sues Meta CEO Zuckerberg over Cambridge Analytica privacy scandal
District of Columbia Attorney General Karl Racine announces a civil lawsuit against extremist groups the Proud Boys and Oath Keepers, over the deadly Jan. 6 attack on the U.S. Capitol, at the Capitol in Washington, December 14, 2021. Jonathan Ernst | Reuters District of Columbia Attorney General Karl Racine is suing Meta CEO Mark Zuckerberg […]
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Broadcom, VMware deal could be announced by Thursday, sources say
Rangarajan Raghuram, CEO, VMware at the NYSE, Dec. 14, 2021. Source: NYSE CNBC’s David Faber reported Monday that Broadcom had been gearing up to announce its acquisition of VMware as soon as Thursday, but the news could come sooner after several reports said the two companies were in talks. Some material terms still need to […]
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Russia dominates nuclear power supply chains — and the West needs to prepare now to be independent in the future
Wind turbine and cooling towers of the Cruas-Meysse nuclear power plant in France, April 12, 2021. Jean-Marie HOSATTE | Gamma-Rapho | Getty Images Russia’s war in Ukraine has pushed countries around the globe to wean themselves from Russian oil and natural gas. Parallel conversations are imminent in the nuclear energy space, too, because Russia is […]
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‘The next era of humanity’s technological development’: U.S. and its Asian allies get serious about semiconductors
TOKYO — As U.S. President Joe Biden visits Japan and South Korea, the three countries are looking for common ground on the world stage. One place they’re finding it is semiconductors. A first stop for Biden on his first swing through Asia as president was a Samsung factory in South Korea. “These little chips, only […]
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China’s state-backed blockchain company is set to launch its first major international project
China’s Blockchain-based Service Network (BSN) is planning a major international expansion project in August. Yuichiro Chino | Moment | Getty Images China’s state-backed blockchain company is planning its first major international expansion, its CEO told CNBC, as Beijing continues to make the technology a key priority. Blockchain-based Service Network (BSN) bills itself as a “one-stop […]
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Hyundai plans $5 billion investment in U.S. on mobility technology such as autonomous driving and robotics
Drew Angerer | Getty Images News | Getty Images Hyundai Motor said on Sunday it plans to invest $5 billion in the U.S. by 2025 to further develop mobility technologies in areas like autonomous driving, robotics, and A.I. The investment comes alongside the automaker’s recent announcement of a plan to spend $5.54 billion to build its first […]
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At Gary Vaynerchuk’s ‘VeeCon’ in Minneapolis, the only way in is an NFT ticket
Those seeking evidence of the recent crypto meltdown need not look to Minneapolis — at least for the next few days. This weekend, thousands of NFT-holders are descending upon the Twin Cities for Gary Vaynerchuk’s “VeeCon” — a four-day conference bringing together business leaders, entrepreneurs and Web3 evangelists to discuss digital transformation in everything from […]
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Democratic senators concerned about phone location data being used to track people seeking abortions
U.S. Senator Amy Klobuchar speaks during a protest outside the U.S. Supreme Court after the leak of a draft majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in Washington, D.C., May 3, 2022. Elizabeth Frantz | […]
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