Venezuelan oil-backed cryptocurrency raises more than $700m, claims President

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Venezuelan oil-backed cryptocurrency raises more than $700m, claims PresidentThis is the first time a federal government has issued a digital currency. A key feature of cryptocurrencies is that they tend to be completely decentralised. “Today, a cryptocurrency is being born that can take on Superman,” said Maduro in one of his regular television addresses. “Petro […]

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Driverless vehicles to deplete demand for fossil fuels by 2040, BP predicts

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Driverless vehicles to deplete demand for fossil fuels by 2040, BP predictsDespite an expected increase in demand for transport as poorer economies become wealthier, BP expects that driverless vehicles will reduce the number of cars owned by individuals and they will be largely powered by electric engines. The average electric car is expected to be […]

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Robotic system from MIT grasps unidentified objects for sorting

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Robotic system from MIT grasps unidentified objects for sortingWhile picking up and sorting objects is a task most people – and some animals – would think nothing of, this has proved a complex task for roboticists. While there are already many robots handling objects in tightly controlled environments – such as factories – these robots […]

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Teardown: Apple iMac Pro

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Teardown: Apple iMac ProThe iMac Pro is Apple’s first professional-grade workstation in three years. Its specifications show how technology’s priorities have evolved during that time. However, the issue is whether the machine has evolved in step with them beyond offering unquestionable computing power. This is a serious machine with a suitably breathtaking price. It costs $4,999 […]

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Tinyclues, the AI-driven campaign marketing solution, scores $18M Series B

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Tinyclues, the AI-driven campaign marketing solution, scores $18M Series B Tinyclues, the French startup that offers an intelligent campaign marketing solution that uses AI to help push the right products to the right customers, has closed $18 million in Series B investment. Leading the round is EQT Ventures, with participation from existing backers Alven, Elaia Partners, […]

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Pandora’s improving financials help it recover from a bad day

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Pandora’s improving financials help it recover from a bad day Pandora tumbled almost 9% on the stock market Wednesday. And then it bounced back over 6% after the day ended. The music streaming business, which has had a terrible past year on the stock market, surprised investors when it revealed a 63% rise in subscription revenue, totaling […]

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ParkBee closes €5M funding to open up private car parks to public bookings

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ParkBee closes €5M funding to open up private car parks to public bookings ParkBee, a Netherlands-founded startup that lets private car parks monetize underutilized spaces by making them bookable to the public, has picked up €5 million in new funding Read More ParkBee, a Netherlands-founded startup that lets private car parks monetize underutilized spaces by making them […]

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