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Two years ago, German startup Proxima Fusion emerged from stealth with big ambitions to make a little-known stellarator fusion machine a serious contender in the race for commercial fusion energy. Today, the Munich-based company secured Europe’s largest-ever private investment in fusion power — a €130mn Series A funding round from big-name investors including Balderton Capital, Cherry Ventures, and Plural.  Daniel Waterhouse, partner at Balderton Capital, said he now thinks Proxima has taken its place as the leading “European contender” in the global race to commercial fusion. Proxima was the first company to spin out from the Max Planck Institute of…

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Jeff Greenspoon, a Dentsu veteran, has been appointed CEO for the Americas at Kantar, bringing with him over a decade of experience in global client solutions and innovation.Read More

Midjourney has been accused of producing replicas of copyright-protected characters via its AI image generation tool.Read More

A spacecraft developed by European scientists and companies has captured unprecedented new views of the Sun’s south pole. Built by Airbus in the UK, Solar Orbiter was developed as part of a joint mission between the European Space Agency (ESA) and NASA. The probe launched on a United Launch Alliance Atlas V 411 rocket from Cape Canaveral, Florida in 2020. A number of European tech firms also contributed to the mission. One of them is Dublin-based Enbio, which developed a protective coating for the probe using crushed animal bones. It’s one of the more unusual materials ever flown into space…

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This week on TNW Backstage, we’re heading into the fast lane — and straight into the climate debate. In the final episode of the podcast, we revisit a divisive bet on sustainable motorsport: Extreme E, the all-electric racing series. The events sent SUVs hurtling through some of the planet’s most fragile ecosystems. Supporters said they raised awareness about environmental issues, while detractors called it a classic case of greenwashing. At last year’s TNW Conference, we were guided through the twists and turns by Ali Russell, then the managing director of Extreme E. In his talk, Russell laid out his vision for…

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Louis Vuitton doesn’t sell via Amazon, but shoppers can now get some pre-loved LV.Read More

The data integration partnerships will deliver expanded coverage across Fox properties for advertisers.Read More

CBS Bay Area was the first to use the AR/VR weather set.Read More

Ad buyers are happy about the prospect of lower CPMs, but worry about the potential tradeoffs.Read More