Talk of a tech recession and mass layoffs across the sector dominated the headlines in 2022. And while certain areas have contracted and companies have acted accordingly by reducing their workforces, various industries continue to go from strength-to-strength
In the month after Elon Musk triumphantly announced his takeover of Twitter with his now famous “the bird is freed” tweet, he implemented a large-scale cull of the social media platform’s global workforce. While Musk’s rationale for this move was to make Twit
According to the International Energy Association (IEA), the buildings sector in 2021 was responsible for around one-third of global energy and process-related CO2 emissions. Specifically, 6% of these emissions resulted from the manufacture of cement, steel,
New research values the UK tech industry at a whopping $1 trillion (€942 billion) — making it comfortably the leading ecosystem in Europe. This sector is now worth more than double Germany’s ($467.2 billion) and three times more than France’s ($307.5 billion), ac
In the spring of 2010, physicist Jari Kinaret received an email from the European Commission. The EU’s executive arm was seeking pitches from scientists for ambitious new megaprojects. Known as flagships, the initiatives would focus on innovations that could
On January 13, 2023, Spaceport Esrange — mainland Europe’s first satellite launch facility — will be inaugurated in Sweden. This marks a critical milestone for the continent’s space industry. Spaceport Esrange will provide the European Space Agency (ESA) wi
As part of the 2022 European Innovation Council (EIC) Accelerator program, the Commission selected 78 startups and SMEs to receive up to €470 million in funding. Depending on its needs, each company will get up to €17.5 million in grants and/or equity investments. The latt
War has decimated much of Ukraine’s economy, but a notable exception is the IT sector. As of November, the industry’s annual export revenues had hit a record $5.5 billion — 13% more than in the same period last year. Since Russia invaded in February, 58%
The war in Ukraine has become the largest testing ground for artificial intelligence-powered autonomous and uncrewed vehicles in history. While the use of military robots is nothing new — World War II saw the birth of remote-controlled war machines and the US has dep
As we’re moving towards an EV-dominated future, efforts to introduce wireless on-road charging systems are increasing. Now, Germany’s famous Autobahn will welcome its own wireless charging system — although it won’t be available to individual EV drivers. Instead, it will