Business

When a group comes together, noise is easy. Just a few people have to make a commotion for noise to happen.

But silence requires everyone to be in sync.

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Reddit’s quest for advertiser performance budgets has kicked into high gear. The platform reported second-quarter earnings of $281 million, largely driven by growth in non-endemic verticals and spending from small, and medium businesses (SMBs), putting it on track to generate $1 billion this year. And AI is going to further power the performance of those…Read More

“There comes a time when free speech can cause real-life harm and that’s when social media platforms need to react,” said former Danish PM and current chair of Meta’s Oversight Board, Helle Thorning-Schmidt, during a session at TNW Conference 2024. There’s no better example of this than what’s happening in the UK right now. As the country grapples with an eruption of violence from extreme right groups at asylum shelters across the country, PM Keir Starmer made a point to address not only those inciting violence but also the platforms that enable them to spread misinformation and organise. “Let me…

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I remember hearing Smokey Bear’s signature line for the first time as a little girl sitting in front of the TV: “Only you can prevent forest fires.” The line created a new awareness in me: that even the smallest actions could make a difference and that everyone had an important role in protecting our communities…Read More

Delft-based VSParticle has raised €6.5mn to accelerate material discovery for industrial solutions, such as the production of green hydrogen. Discovering new materials in the lab typically takes years, often close to 10 or even more. VSParticle aims to change this paradigm and reduce discovery time to as little as one year. To do this, the company has tapped nanotechnology. It develops tools that can break down, synthesise, and manipulate materials at the nano-scale. Nano-scale particles of inorganic materials, also known as nanoparticles, exhibit unique properties that, when combined, can lead to the creation of novel materials. The startup offers various tools…

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A stargazing satellite called Mauve has booked a flight on SpaceX’s Falcon 9 rocket. Mauve is the brainchild of British startup Blues Skies Space. The London-based company has a unique plan for the satellite. After launching into space in October 2025, Mauve will turn its onboard telescope towards the cosmos. The 13cm device will then observe hundreds of stars in ultraviolet and visible wavelengths. Scientists will scan the data for insights on stellar flares and magnetic activity. They could even unearth evidence that neighbouring exoplanets are habitable. But that’s not what makes the plan unusual. Blues Skies Space will provide…

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Warner Bros. Discovery reported its Q2 earnings Wednesday with a $9.1 billion non-cash impairment charge, or write-down, on its TV linear networks division. The company also saw an additional $2.1 billion in merger costs, for a combined $11.2 billion hit to its balance sheet. Food Network, HGTV, Discovery, CNN, TNT, TBS, Cartoon Network and Adult…Read More

 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 Ioanna talk about the entry into force of the EU’s AI Act and what it means for companies, futuristic robotic surgery, meteor showers, and enter the sci-fi fandom realm with some Douglas Adams trivia. You’ll also hear an on-stage conversation with Jennifer Goodall, CEO at MindAffect, a brain-computer interface (BCI) startup that develops hearing and vision diagnostics systems…

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The Olympics are a global sporting event that celebrates the pinnacle of humanity’s physical prowess. More and more, they’re also an opportunity for athletes to attract a ton of new followers on social media. America’s favorite pommel horse specialist Stephen Nedoroscik’s Instagram follower count increased by more than 1,200% between July 25, the day before…Read More

After enduring years of losses, Disney appears to have finally turned a corner with streaming. In its third-quarter earnings today, the media company reported that its direct-to-consumer business, which consists of Disney+, Hulu and ESPN+, turned its first profit, producing an operating income of $47 million on $6.38 billion in revenue. The achievement is symbolic…Read More