Capital spending seen higher across all regions and sectors. Expenditure especially strong in semiconductors and software.Global companies from noodle makers to semiconductor giants are spending on new plants and machinery in ways they haven’t done for years.On the supply side, blockages brought on by the Covid-19 pandemic are forcing businesses to invest in new production facilities; calls fo...

After a jubilant start to summer, the delta variant began surging in July, upending Americans' long-delayed travel plans.This was supposed to be our summer, a season of blissful freedom making up for the one scuttled by the novel coronavirus in 2020. But Covid-19 came for 2021, too.[adweek]

Mainstream EVs will transform the automotive industry and help decarbonize the planet.That hum in the distance is the sound of the concept of mobility changing—for the better. While challenges to the electrification of the vehicle parc persist, opportunities worth fighting for also lay ahead. This is particularly evident in cities, where emissions, congestion, and safety constitute major issue...

Emulate, Inc., a leading provider of next generation in vitro models, today announced the close of an $82 million Series E financing round led by existing investor Northpond Ventures with additional participation from Perceptive Advisors. With this investment, Emulate has raised nearly $225 million to date.“We believe Emulate’s transformative technology is poised to accelerate innovation in t...

This week El Salvador became the first country to officially make Bitcoin legal tender, adding it to the US dollar — the currency El Salvador has predominantly used since adopting it in 2001.El Salvador's economy is one of the most reliant in the world on remittances (assets or money sent home by migrant workers) — which account for about one-quarter of GDP according to data from the World Ba...

Sila’s novel anode materials packed far more energy into a new Whoop fitness wearable. The company hopes to do the same soon for electric vehicles.A materials company in Alameda, California, has spent the last decade working to boost the energy stored in lithium-ion batteries, an advance that could enable smaller gadgets and electric vehicles with far greater range.Sila has developed silicon-b...

Connecting the bionic limb directly connected to the brain allows for delivery of precise sensations tied to natural movements.The research group at Cleveland Clinic's Laboratory for Bionic Integration looks at the inside of the touch robot system. Each small black box provides individual finger sensation to the user through a neural-machine interface.Cleveland ClinicDreaming of a future where...

By gamifying the traditional time-consuming and costly design process, Design With Frank makes designing a house a simple and fun experience.What if homeowners had the tools to create their dream house without the need to hire an architect? Design With Frank is a new web app that allows people to do exactly this. The new software leverages AI so that anyone can create a home that meets their ne...

TikTok users are now spending more time watching content than YouTube users are, according to a new report from App Annie. App users in the UK and US are spending more time on TikTok than on YouTube, a new report suggests.Data from app monitoring firm App Annie indicates that average time per user spent on the apps is higher for TikTok, indicating high levels of engagement.App Annie characteris...