21 Feb, 2024

Loora wants to leverage AI to teach English

Of the professions in danger of being replaced by AI, language teacher is certainly up there. That’s not necessarily because it’s a good idea. AI, some employers have decided — including Duolingo, recently — is a reasonable enough stand-in for human experts when it comes to language instruction. Despite the fact that AI-translated text tends […]

5 mins read

Spacecraft looks like a TIE fighter. It’s about to crash into Earth.

After nearly three decades in space, a satellite the length of a bus will imminently crash into Earth. The European Space Agency’s Earth-observing ERS-2 spacecraft, retired in 2011, is naturally losing altitude as it plummets into our planet’s atmosphere, where the defunct 39-foot-tall (11.8-meter) satellite will eventually break apart. Other satellites recently captured views of […]

3 mins read

Six things we learned from the LockBit takedown

A sweeping law enforcement operation led by the U.K.’s National Crime Agency this week took down LockBit, the notorious Russia-linked ransomware gang that has for years wreaked havoc on businesses, hospitals, and governments around the world. The action saw LockBit’s leak site downed, its servers seized, multiple arrests made, and U.S. government sanctions applied in […]

5 mins read

Amazon set to launch ‘special store’ for value fashion in India

Amazon is preparing to make another attempt to break into India’s fast-growing fashion and lifestyle e-commerce sector, setting up a battle with rival Flipkart, owned by Walmart, Reliance’s Ajio and SoftBank-backed upstart Meesho. The e-commerce giant plans to launch a “special store,” called Bazaar, where it will not levy any “extra charges” to sellers offering […]

3 mins read

Byju’s says $200 million rights issue that cuts valuation by 99% fully subscribed

Byju’s says its recently launched $200 million rights issue has been fully-subscribed, but the startup’s founder urged some of its major investors to participate amid a rift between the edtech group and some of its largest shareholders. The Bengaluru-headquartered startup, valued at $22 billion in its last financing round in early 2022, announced last month […]

4 mins read

House punts on AI with directionless new task force

The House of Representatives has founded a Task Force on artificial intelligence that will “ensure America continues leading in this strategic area,” as Speaker Mike Johnson put it. But the announcement feels more like a punt after years of indecision that show no sign of ending. In a way this task force — chaired by […]

4 mins read

The EU is formalizing rules for taking CO2 out of the atmosphere

The EU took a significant step toward legitimizing technologies that suck carbon dioxide out of the atmosphere by agreeing to set up a certification process. The European Council and European Parliament reached a provisional agreement today to create the first-of-its-kind certification framework for carbon removal technologies. The new climate tech has yet to prove itself at scale, […]

5 mins read