Revolut wins UK banking license as neobanks take on the establishment


Revolut has finally won a UK banking licence, intensifying the neobank threat to traditional finance. The breakthrough ends a painful wait for Europe’s most valuable fintech firm, which first applied for a licence in January 2021. Regulators were reportedly co

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Tyre-dust magnet looks to capture microplastic pollution from EVs in London


A UK startup is installing electrostatic tyre-dust collecting machines on a fleet of EV delivery vans in London, as it looks to make a dent in the world’s second-largest source of microplastic pollution. When cars drive, friction between the ty

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UK unicorn Improbable finally makes profit after pivot to venture building


After 12 years in business and several strategic pivots, British unicorn Improbable has achieved profitability for the first time. Improbable credited the milestone to yet another business shift. After numerous attempts to create virtual worlds, the company has

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UK backs ‘space mirror’ to melt ice on the Moon into drinking water


The UK hopes to produce water on the Moon with a space mirror that reflects solar rays onto lunar ice. The device is the brainchild of the British Interplanetary Society (BIS), the world’s oldest space advocacy organisation. Boffins at the BIS named the device

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TNW Podcast: Remon Berrevoets on quantum tech; dark future of European solar


Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Linnea and Andrii ta

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DeepL targets Taiwan, HK with new AI translation for Traditional Chinese


DeepL, the Cologne-based AI translation unicorn, has added Traditional Chinese to

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The global IT outage exposed Europe’s dangerous dependence on US tech


It’s a taunt that’s reiterated to the point of cliché: Europe is a good place to start a tech business, but a bad place to scale one up. The causes are contentious but their impact is undeniable. None of the 10 most valuable tech firms in the world are in Eur

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Researchers detect deepfakes with the same tools used to survey galaxies


It’s a common saying that the eyes are the windows to the soul. Now, researchers claim that they can also reveal deepfakes with the help of tools that study galaxies  — by looking at eyeballs.  According to the research by Adejumoke Owolabi, mas

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UK startup unveils ‘world’s most advanced’ vertiport for air taxis


In collaboration with LG, UK startup Urban-Air Port has unveiled the AirOne vertiport, which merges robotics with AI integrated systems — a world first, according to the company. Vertiports promise to facilitate advanced urban air mobility, intended for vehic

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Oxygen-generating ‘battery rock’ discovery challenges understanding of life on Earth


Scientists have discovered oxygen-generating ‘battery rocks’ on the ocean floor that could challenge long-held beliefs about the origins of life on Earth — and make a strong case against deep-sea mining.  A team led by

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