February 21, 2025

The real reason why oil and gas companies are bullish on carbon capture

Occidental CEO Vicki Hollub compared using CO2 in enhanced oil recovery to fracking, the technology that sent U.S. oil and gas production skyrocketing.

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Ford takes $2.7B hit on Argo shutdown, shifts its bet to driver assist tech

October 27, 2022

As the third-quarter earnings drumbeat continues, we learned more about the state of global supply chains, global consumer appetite for big-ticket items and the future of self-driving technology. After the bell this afternoon, Ford beat Wall Street analyst revenue estimates of $36.25 billion, per Yahoo Finance, with automotive Q3 2022 top line of $37.2 billion, […]

Ford takes $2.7B hit on Argo shutdown, shifts its bet to driver assist tech by Rebecca Bellan originally published on TechCrunch

Meta posts another revenue decline as investors voice metaverse concerns

October 27, 2022

Earlier this year, Meta posted its first quarterly revenue decline. Once again, Meta’s financials aren’t inspiring much faith in its investors this quarter. Meta’s revenue declined 4% year over year to hit $27.7 billion; but Meta CFO David Wehner pointed out on the earnings call today that some of this decline is owed to inflation. […]

Meta posts another revenue decline as investors voice metaverse concerns by Amanda Silberling originally published on TechCrunch

The Download: the mortality issue, and America’s new favorite shopping app

October 26, 2022
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Introducing: The Mortality Issue From the moment you’re born, the one thing you can be completely certain of is that you will die. But what if aging isn’t inevitable, after all? And if…

Elon Musk’s Twitter deal has to close by Friday or the trial is back on

October 26, 2022

Elon Musk’s on-again off-again plan to buy Twitter is on track to culminate in the billionaire taking control of the company this week. Musk is expected to close the deal by Friday, October 28, putting him officially in charge of one of the most prominent social networks in the world. Musk reportedly informed bankers of […]

Elon Musk’s Twitter deal has to close by Friday or the trial is back on by Taylor Hatmaker originally published on TechCrunch

New Paris-based VC Satgana completes the first close of its €30M fund to back ClimateTech startups

October 26, 2022

While ClimateTech may be all the rage right now – and for good reasons – new VC Paris-based firm Satgana (which means “a good company” in Sanskrit) is hoping its take on the subject will gain traction. It’s now completed the first closing of a target €30m fund to back startups in areas such as […]

New Paris-based VC Satgana completes the first close of its €30M fund to back ClimateTech startups by Mike Butcher originally published on TechCrunch

Drones in cities are a bad idea

October 26, 2022

It’s year five, or maybe ten, of “drones are going to revolutionize transport” and so far, we’ve got very little to show for it. Maybe it’s time to put these foolish ambitions to rest and focus on where this technology could actually do some good, rather than pad out a billionaire’s bottom line or let […]

Drones in cities are a bad idea by Devin Coldewey originally published on TechCrunch