Industry

Montinutra raises €2M to turn forest industry sidestreams into bio-alternatives, replacing fossil-based ingredients in the chemical and cosmetics industries Metsä Spring’s portfolio company’s unique, zero-waste, and commercial-ready innovation turns forest industry sidestreams such as sawdust into natural, non-GMO, and biodegradable biochemicals, significantly cutting CO2 emissions compared to fossil-based alternatives.   ESPOO, Finland (October, 2023) – Montinutra has raised €2M in pre-A funding led by Metsä Spring, a corporate venture unit of Metsä Group, with a syndicate of private investors.   Founded in 2018, Montinutra transforms forest industry sidestreams into sustainable, high-value, and natural biochemicals that replace fossil alternatives in the chemical and cosmetics industries. With...

INCREASED CONFIDENCE IN AI SYSTEMS WOULD BOOST CRYPTO TRADING Retail crypto traders would trade 16% more on average in a typical month, GNY research shows GNY Range Report uses advanced AI Crypto Intelligence to forecast the volatility of 12 top cryptocurrencies Increased confidence in AI crypto trading tools would encourage non-professional/retail traders to increase their monthly trading, new international research* from GNY.IO Limited, the leading blockchain-based machine learning business, shows. The study with traders trading at least $5,000 a month on cryptocurrencies in the UK, US, Germany, Brazil, Hong Kong, Singapore, the UAE and South Africa found 95% would trade...

Lufthansa Technik records rising number of apprentices Rise in demand for MRO services results in further growth in demand  for skilled workers Over 300 young people start their careers at German sites The rising global demand for air travel and the resulting increased  need for aircraft maintenance, overhaul and repair services also  leads to a growing need for personnel at Lufthansa Technik. For many  decades, one cornerstone in the recruitment of new colleagues has been the internal training of new employees. This year, 321 young  people are starting their training at the company's German locations. Specifically, the company is looking...

Photo and Video Apps Surging in Popularity; Revenue and Downloads More than Tripled in Five Years   As a key part of the social media experience, photo and video sharing has evolved over the past years. Today, photo and video apps have more users than ever, thanks to hundreds of millions of people willing to spend money on brushing up their digital presence and creating nice pictures. According to data presented by OnlyAccounts.io, photo and video apps have seen their revenue more than triple in five years, reaching $12bn in 2023. Photo Editing and Video Streaming Apps Driving Revenue Growth...

TAU Systems Upgrades University of Texas Tabletop Laser To A Peak Power of 40 Terawatts and Debuts its Particle Accelerator   Download high res imagery Austin, TX – August 18th, 2023 – TAU Systems, the producer of ultrafast, compact laser-plasma accelerators, today announced the successful upgrade of the existing University of Texas Tabletop Terawatt Laser (UT3), to a new and improved performance for powering a compact particle accelerator.  The upgraded UT3  driver laser now produces ultrashort pulses with a peak power of 40 terawatts. The upgrade is part of a collaboration between TAU and University of Texas at Austin to jointly...