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Posts Tagged ‘mining’

Space Angels’ Chad Anderson on entering a new decade in the ‘entrepreneurial space age’

Space as an investment target is trending upwards in the VC community, but specialist firm Space Angels has been focused on the sector longer than most. The network of angel investors just published its most recent quarterly overview of activity in the space startup industry, revealing that investors put nearly $6 billion in capital into ...

Volvo creates a dedicated business for autonomous industrial and commercial transport

Volvo Group has established a new dedicated business group focused on autonomous transportation, with a mandate that covers industry segments like mining, ports and moving goods between logistics hubs of all kinds. The vehicle maker has already been active in putting autonomous technology to work in these industries, with self-driving projects including at a few ...

The dangerous, exploitative, and ***** business of “healing” crystals

Not only is the purported "healing" power of crystals total ********, but most of these "magical" talismans come from mines rife with exploitation, danger, environmental ruin, and shady business practices. Good vibes, eh? Tess McClure investigates for The Guardian:

Madagascar is one of the poorest countries in the world, but beneath its soil is a ...

Police hijack a botnet and remotely **** 850,000 malware infections

In a rare feat, French police have hijacked and neutralized a massive cryptocurrency mining botnet controlling close to a million infected computers. The notorious Retadup malware infects computers and starts mining cryptocurrency by sapping power from a computer’s processor. Although the malware was used to generate money, the malware operators easily could have run other ...

YC’s Earth AI closes funding for its platform to make mining less wasteful

Discovering and drilling for the important minerals used for industry and the technology sector remains incredibly important as existing mines are becoming depleted. If the mining industry can’t become more efficient at finding these important deposits, then more unnecessary, harmful drilling and exploration takes place. Applying AI to this problem would seem like a no-brainer ...

Another day, another reversal in stock fortunes as recession fears grow

U.S. stock markets plummeted today as recession fears continue to grow. Yesterday’s good news about a reprieve on tariffs for U.S. consumer imports was undone by increasing concerns over economic indicators pointing to a potential global recession coming within the next year. Phones, laptops and game consoles get tariff reprieve until December The Dow Jones ...

The future of autonomous vehicles runs off roads and on to farms, construction sites and mines

Fully self-driving passenger cars are not “just around the corner.” While the well-funded leaders are on more stable financial ground, other AV startups may be looking for the off-ramp. ...

SafeAI raises $5M to develop and deploy autonomy for mining and construction vehicles

Startup SafeAI, powered by a founding talent team with experience across Apple, Ford and Caterpillar, is emerging from stealth today with a $5 million funding announcement. The company’s focus is on autonomous vehicle technology, designed and built specifically for heavy equipment used in the mining and construction industries. Out the gate, SafeAI is working with ...

Bitcoin has surged above $8,000 and theories around why abound

Bitcoin is now trading at around $8,130, up a whopping 60.84 percent over the past month, with the price surging $3,086.14 over the period. The cryptocurrency’s meteoric rise is reminiscent of its rocketing growth in the latter half of 2017, when prices reached over $18,400 on the back of buoyant capital markets, rampant speculation, and ...

Facebook hit with three privacy investigations in a single day

Third time lucky — unless you’re Facebook . The social networking giant was hit Thursday by a trio of investigations over its privacy practices following a particularly tumultuous month of security lapses and privacy violations — the latest in a string of embarrassing and damaging breaches at the company, much of its own doing. First ...