Uh oh, Elon: Half of European marketers plan to cut spending on X ads

The advertising exodus from X is set to accelerate. Thats according to a new study from Kantar, a market research firm based in the UK. The company found thattrust in ads on X is now historically low. Unsurprisingly, the companys reputation has plummeted under the leadership ofElon Musk. When Musk bought the platform in 2022, trust from marketers stood at a worrying 22%. Two years later, its down to a dismal 12%....

September 5, 2024 · 2 min · 364 words · Aaron Brown

Vega launches Sentinel-2C in ‘fitting’ swan song for European rocket

Europes first-generation Vega rocket has blasted a payload intospacefor the last time. Vega lifted off from Europes Spaceport in Kourou, French Guiana in the early hours of this morning. It was carrying Sentinel-2C, an Earth observation platform that will now join Europes fleet of Copernicus satellites. It’s free, every week, in your inbox. This mission was a precursor toSpace Rider, a reusable robotic laboratory spacecraft set to launch next year....

September 5, 2024 · 1 min · 190 words · Lisa Perez

Boutique ebike maker Cowboy bags €5M as it races to do what VanMoof couldn’t

While Cowboyshyper-connected ebikesare assembled in Europe, it sources about half of its parts from Taiwan, Roose said. [Cypress Capital] have strong ties with our manufacturers which will help us further secure the supply chain. 40% off TNW Conference! And soon, the general public will have a chance to invest as well. Cowboy crowdfund Cowboy will launch its fourth crowdfunding campaign on Crowdcube on Monday. UK-based Crowdcube enables private companies to sell shares to a crowd of private individuals....

September 4, 2024 · 2 min · 340 words · Jennifer Gomez

CERN for AI may be the EU’s ‘last chance’ to gain on foreign competition

The concept still remains at a proposal level and details are scarce. These are a shortage of companies developing foundation models, insufficient computational infrastructure, and a limited talent pool. It’s free, every week, in your inbox. Or at least, give it a fair shot to keep up. Story byIoanna Lykiardopoulou Ioanna is a writer at TNW. With a background in the humanities, she has a soft spot for social impact-enabling technologies....

September 4, 2024 · 1 min · 74 words · Matthew Clark

Spotify’s Daniel Ek has brought his futuristic body scanners to London

Spotifyboss Daniel Ek has invited the good folk of London to step inside his body scanners. Upon entry, the futuristic machines will analyse their health. In an instant, the results will arrive. A doctor will provide a personalised consultation. The clinic opened todayin Marylebone, a chic neighbourhood in London. At299 a pop, the appointments dont come cheap. But the price point has already proven attractive in Eks homeland of Sweden....

September 4, 2024 · 2 min · 279 words · Heidi Rogers

Stability AI adds its best 3 text-to-image models to Amazon Bedrock

Stability AI has added three new image generators to Amazon Bedrock, a platform for building apps. Stable Image Ultra, Stable Diffusion 3 Large, and Stable Image Core are allnow liveon the service. The trio areStabilitystop three text-to-image models, the company said. By adding them to Bedrock, the London startup hopes to reach new audiences and customers. It’s free, every week, in your inbox. Amazon, meanwhile, receives another boost to Bedrock....

September 4, 2024 · 2 min · 265 words · Mario Austin

The world’s most powerful supercomputers are getting a diamond quantum boost

The Oak Ridge National Laboratory (ORNL) in Tennessee is the stuff of computation legend. Before we get into the bling part, it is worth defining a few terms. A quantum accelerator is a specialised hardware unit that speeds up specific quantum algorithms, or tasks. Essentially, they augment classical computing systems. It also offers a range of software and software tools to go along with the hardware units. It’s free, every week, in your inbox....

September 4, 2024 · 1 min · 170 words · Meghan Frank

TNW Podcast: The story of Veloretti, who is the Barbie phone for, farewell to AnandTech

Youll also hear aninterview withFerry Zonder, founder of the Dutch bicycle company Veloretti. The company has grown a lot over the past years and has very recognisable bikes. It’s free, every week, in your inbox. Feel free to email us with any questions, suggestions, and opinions atpodcast@thenextweb.com.

September 4, 2024 · 1 min · 47 words · Patrick Adams

UK ‘moonshot’ agency to splash £81M on warning system for climate catastrophes

These are thresholds within the Earths climate ecosystem, which if crossed can trigger devastating and often irreversible changes. As no early warning mechanisms currently exist, ARIA is hoping for a scientific first. The five-year-long programme, called Forecasting Tipping Points, will focus on two particular tipping points. 40% off TNW Conference! It has beenretreatingalarmingly over the last four decades, contributing to rising sea levels. If it melts completely, global sea levels would rise by about7 metres....

September 4, 2024 · 1 min · 143 words · Justin Rodgers

2 very common mistakes founders make that can kill your startup

It takes a special kind of person to decide to found astartup. The long hours require energy, devotion, and continuous motivation. Butfoundersare human just like the rest of us. These range from poor decision-making and conflicts between co-founders to hiring and keeping the right people. (And, to be honest, Im surprised the statistics arent higher.) Founders who can recognise and be in control of these common statistics will be much more likely to succeed....

September 3, 2024 · 2 min · 231 words · Haley Turner

Embracing pivots: insights from a nanotech startup founder

Everystartupis looking to solve a problem. Gelatex manufactures 3D nanofibrous scaffolds for various applications, ranging from cell culture to tissue engineering. But we started the company with a completely different business idea in mind, Meigo Fonseca tells TNW. 40% off TNW Conference! There she met her co-founder, materials scientist and engineer Mart-Erik Martens. They founded Gelatex the same year and continued developing the product. It would just be too costly....

September 3, 2024 · 2 min · 240 words · Andrea Hernandez

Europe’s semiconductor sector calls for immediate ‘Chips Act 2.0’

The group comprises major chipmakers such as NXP and Infineon as well as research organisations including imec and Fraunhofer. TheEUs Chips Actentered into force in September 2023. In astatementon Monday, ESIA acknowledged the act as a fundamental building block. However, it argues that theEUstill needs to reconsider its scope, streamline processes, and address gaps. It’s free, every week, in your inbox. The EU has still to approve state aid for Intels planned30bn mega fabin Germany....

September 3, 2024 · 1 min · 145 words · Leah Villa

HP pursues $4B in damages from family of deceased tech billionaire Mike Lynch

The Silicon Valley giant saidin a statementit would follow the legal proceedings through to their conclusion. The firm is seeking damages of up to $4bn. In June, Lynch was acquitted on all charges in a San Francisco court. However, he still wasnt completely off the hook. In 2022, HP won a separate case against Lynch in the UK that is still ongoing. It’s free, every week, in your inbox. Will HP really go after Lynchs widow?...

September 3, 2024 · 1 min · 162 words · Melissa Perez