UK announces £20 million competition for low-carbon transport projects

NEWSBYTE The UK government has announced a new £20 million commitment to invest in low-carbon vehicle development, low-emission engines, and new energy storage systems. The Advanced Propulsion Centre (APC) has been given £20 million ($26.3 million) to invest in technologies that support the development of low-carbon propulsion technologies in the UK and anchor a next-generation supply chain,…

Freshworks raises $100M – TechCrunch

Freshworks, a company that offers a variety of business software tools ranging from IT management to CRM for sales and customer support software, today announced that it has raised a $100 million funding round co-led by Sequoia and Accel Partners, with participation from CaptialG. The company’s last funding round came in the form of a…

Steam removes controversial game accused of mining cryptocurrency

Steam has removed “trivial platformer” game Abstractism from its store following accusations that the game is surreptitiously stealing users’ computing power to mine cryptocurrency. “We have removed Abstractism and banned its developer from Steam for shipping unauthorized code, trolling with content, and scamming customers with deceptive in-game items,” Doug Lombardi, VP of Marketing at Steam,…

MoviePass is down again – TechCrunch

After the revelation that MoviePass borrowed $5 million to keep its service up and running last week, things aren’t looking good. MoviePass subscribers, myself included, were met on Monday with a blank screen where their choice of screening should be. Navigating around dozens of theaters only shows a message that “There are no more screenings…

Gillmor Gang: Backflip – TechCrunch

The Gillmor Gang — Esteban Kolsky, Frank Radice, Michael Markman, and Steve Gillmor . Recorded live Sunday July 29, 2018. Social markets, what is notification media, the 20 percent solution. Produced and directed by Tina Chase Gillmor @tinagillmor Liner Notes Live chat stream The Gillmor Gang on Facebook Source link Shiv EswarShiv has over 8…