Category: NEW TECH NEWS

New report finds VC investment into climate tech growing five times faster than overall VC

VC and corporate investment into climate tech grew at a faster rate than overall VC investment as a whole between 2013-2019, according to a major new report — to the tune of $60 billion of early-stage capital.

The new research by PwC (“The State of Climate Tech 2020”) found that although it’s still early days for climate tech in terms of the overall VC market (approximately 6% of total capital invested in 2019), VC investment into the space is growing at a clip: it increased from $418 million per annum in 2013 to $16.3 billion in 2019. According to the report, that is approximately three times the growth rate of VC investment into AI over the same period, and five times the average growth in VC.

The reasons are, predictably, to do with market economics. It’s quickly becoming more capitally efficient to prove and scale the technologies involved, and carbon-neutral

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Bed Bath & Beyond Highlights Its Digital Sales Push With a New Chief Tech Officer

A few weeks after a Wedbush analyst said Bed Bath & Beyond (NASDAQ:BBBY) is “on the cusp of a dramatic improvement in profitability,” the home merchandise company announced it is hiring a new chief technology officer. Looking to leverage e-commerce to restore its fortunes, Bed Bath & Beyond says it’s working to enhance its “digital-first, omni-always customer experience” with the hire, as part of its “enterprise technology transformation.”

Bed Bath & Beyond is shifting strongly away from brick-and-mortar with a plan to close approximately 200 locations, or 21% of its total number of stores in the U.S. The move, possibly part of the “retail apocalypse” as the internet guts traditional physical in-store retail, is intended to slash the company’s expenses while it focuses on digital instead.

Digital transformation concept showing a variety of internet symbols and networks against a city backdrop.

Image source: Getty Images.

The new CTO, Scott Lindblom, arrives at Bed Bath & Beyond with extensive experience in e-commerce and digital business. According

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Changing employment law landscape aided by new legal tech

Posted Tue, September 22nd, 2020 12:00 pm by Tom Goldstein

On June 15, 2020, the Supreme Court handed down its landmark decision in Bostock v. Clayton County, ruling that the ban on sex discrimination in Title VII of the Civil Rights Act of 1964 also prohibits workplace discrimination based on sexual orientation and gender identity. The decision produced a flood of strong reactions, both supportive and critical. All commentators, however, appeared to agree that the ruling would profoundly impact the field of employment law.

In light of the decision in Bostock, our sponsor, Casetext, announced earlier this summer that it would be offering free access to Title VII motions for litigators on its new Compose brief-writing platform. Today, Casetext announced another major tool in the field: the employment law Wage and Hour Collection with Compose.

I’ve written previously about the Compose platform’s promise to streamline brief writing for

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Scouting Georgia Tech’s New-Look Offense

The Syracuse Orange scored their first touchdown of the season last Saturday against the Pitt Panthers. Now, they’ll try getting their first win. This week’s challenge comes in the form of Georgia Tech. The Yellow Jackets were picked to finish last (15th) in the ACC’s preseason media poll, yet they enter this game at the Carrier Dome as eight-point favorites. For what it’s worth, Syracuse was predicted to finish 14th in that poll.

Georgia Tech head coach Geoff Collins, now in his second season with the Jackets, is overseeing a bit of a schematic overhaul. Collins’ predecessor, Paul Johnson, ran the distinct and highly-specialized triple-option offense. Collins’ shift to a more conventional philosophy presented its fair share of challenges in 2019. Georgia Tech finished the year 3-9, sporting the ACC’s worst record and worst offense to match. But they’re 1-1 in 2020 with an impressive road win at Florida State

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Virginia Tech’s experienced LBs ready to usher in new era | Virginia Tech

Hollifield had 67 tackles with 4.5 for a loss and three interceptions in 2019 while Tisdale had 52 tackles with 5.5 for a loss with three sacks.

“[Ashby] is the best linebacker I’ve ever played with or ever really seen, to be honest with you,” Hollifield said. “I mean, he’s a hell of a player, and Alan, I’d say he’s a force, a freak. He can get out there and just do really anything he wants. I’m really blessed to learn from both of [them]. I play both of their positions.”

Tech has yet to make Hamilton (or any of his assistants) available to the media, but Hollifield shared some of the coordinator’s vision for the team’s linebacking corps this season.

“They’re a little bit different, I’m not going to lie,” Hollifield said. “I mean, Coach [Bud] Foster was really man across the board, lock them up. We don’t want

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Apple Watch 6’s blood oxygen sensor is unreliable and misleading

An Apple oxygen check a day will not keep the doctor away, at least not yet. The way consumer tech companies are marketing health capabilities is getting ahead of what their gadgets can actually, reliably do. That’s a dangerous trend, and it jeopardizes the potential positive effect that collecting body data could have on our health.

And it’s particularly deceptive at a time when many people are looking to health monitors for any clue that they may have covid-19, the illness caused by the novel coronavirus.

For the past week, I’ve been wearing a smartwatch on each wrist, all day and all night long. On the right I have the Apple Watch Series 6, and on the left I wear the new $330 Fitbit Sense, which went on sale this week.

There are many reasons that people buy wearable gadgets. I wear an Apple Watch for fitness motivation and to

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Most tech pros believe Facebook should do more to stop election misinformation

As bot-driven misinformation campaigns flood our social feeds, aiming to guide voter choice, and fake accounts intend to undermine elections proliferate, users need to feel reassured that the information they see is authentic.

in 2020, the responsibility of electoral integrity is falling on US tech companies nearly as much as on the government. Social media platforms are so prevalent that any misinformation, if left unchecked on social media, could cause a massive swing of sentiment amongst voters.

As the US presidential election draws closer, questions are still asked about whether bots influenced the 2016 election in a significant way. Facebook noticed that in 2016 there were “coordinated online efforts by foreign governments and individuals to interfere in our elections.”

It also recently “took down a network of 13 accounts and 2 pages that were trying to mislead Americans and amplify division.” But what do users across the tech industry think?

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Asian stocks set to gain after Wall Street’s tech bounce

By Suzanne Barlyn

NEW YORK (Reuters) – Asian stocks were set to open higher on Wednesday after tech-fueled Wall Street gains although focus is shifting to renewed U.S.-Sino tensions, which could weigh on investor sentiment.

In currency markets, a rising greenback could hold back regional currencies like the Australian and New Zealand dollars during Asian hours.

The dollar index rose 0.441%, with the euro down 0.01% to $1.1705 after Chicago Federal Reserve President on Tuesday mentioned the prospect of raising interest rates.

“The U.S. dollar move will probably be the dominant move for other currencies,” said Commonwealth Bank of Australia currency analyst Kim Mundy.

Wall Street stocks rebounded on Tuesday, led by a 5.7% jump in Amazon.com Inc after Bernstein upgraded the stock to “outperform” on an expected boost from premium subscribers and third-party merchants even once the pandemic is contained.

The Dow Jones Industrial Average rose 0.52%, the S&P

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Justin Hamilton building Virginia Tech defense in his image

Packing away the beloved hardware comes as Justin Hamilton, 38, takes over as defensive coordinator. The Hokies running back, wide receiver and safety from 2002 to 2005 coached safeties last season and will do so again in addition to overseeing the rest of the defense.

And while his allegiance to Foster, who had served as coordinator since 1995, has never been in doubt, Hamilton continues to construct the defense in his image as this incarnation of the Hokies moves another step further from the Frank Beamer era.

“I don’t think there’s anybody that questions Justin Hamilton’s devotion to Bud and appreciation for what Bud meant to him as a player and eventually as a coach,” Fuente said. “It’s not up to him to show that appreciation by the schemes that he chooses to deploy on the defensive side of the ball.

“Justin’s got a different staff. He’s got guys that

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2021 Kia Sorento announced with new design and hybrid options

We’ve seen the all-new, fourth-generation 2021 Kia Sorento before, as Kia unveiled it online earlier in 2020, but this is our first glimpse at the American-spec model and with that glimpse comes a full set of details. Included is a longer list of technology features, more all-terrain capability, and an available plug-in hybrid powertrain.

While the American market version looks a lot like the variant that will be sold in global markets, the range will include an outdoorsy equipment package named X-Line, offered as the AWD version of SX Prestige model, which adds an inch of ground clearance, specific 20-inch alloy wheels, a bridge-type roof rack, and a handful of rugged-looking exterior accents. It also brings a center locking differential and electronic hill descent control. While it won’t be giving a Jeep Grand Cherokee fits, it sounds like it will be more capable over rough terrain than your average family

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