From milligrams to gigatons: Startup that sucks carbon dioxide from the atmosphere is building a big new plant in Iceland

From milligrams to gigatons: Startup that sucks carbon dioxide from the atmosphere is building a big new plant in Iceland

Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks. Photo courtesy Climeworks Carbon dioxide removal startup Climeworks announced on Tuesday it is building a second commercial sized plant in Iceland. When fully operational in 18 to 24 months time, the plant will capture and store 36,000 metric tons per year of carbon dioxide. That’s a …

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CAA Closes $750M Deal for ICM Partners, Consolidating Major Agency Landscape

CAA Closes $750M Deal for ICM Partners, Consolidating Major Agency Landscape

In a move that consolidates the Hollywood talent agency landscape into three major players, CAA has closed its acquisition of ICM Partners, the companies said.  CAA, led by Bryan Lourd, Kevin Huvane and Richard Lovett, and ICM, led by Chris Silbermann, first unveiled the deal in September, saying that “ICM is one of the best …

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Sonic Frontiers Shows Off Cyber Space And Switch Gameplay In New Trailer

Sonic Frontiers Shows Off Cyber Space And Switch Gameplay In New Trailer

Subscribe to Nintendo Life on YouTube Update [Tue 28th Jun, 2022 17:30 BST]: More details have been shared by Sega following the Direct on Sonic Frontiers (thanks, Nintendo Everything!). This includes new abilities, specific enemy types, and a brand new character called Sage. We’ve also got more confirmation that Tails and Amy will be involved …

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Stagflation, reflation, soft landing or a slump --- what Wall Street expects in the second half of 2022

U.S. stocks turn lower after weak consumer-confidence reading

U.S. stocks gave up early gains to turn lower Tuesday after a consumer-confidence reading came in weaker than expected. What’s happening The Dow Jones Industrial Average DJIA was down 185 points, or 0.6%, at 31,253. The S&P 500 SPX fell 38 points, or 1%, to 3,862. The Nasdaq Composite COMP dropped 202 points, or 1.8%, …

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Sonic Origins tech review: glitches and a steep price make for a tough sell

Sonic Origins tech review: glitches and a steep price make for a tough sell

Sonic the Hedgehog’s original 16-bit adventures are considered some of the best games in Sonic history and – for my money – some of the best games ever made. Since their original appearance, they’ve been re-released many times over, most often as little more than emulators paired with original ROMs. Sonic Origins is different though: …

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Arm’s Immortalis GPU is its first with hardware ray tracing for Android gaming

Arm’s Immortalis GPU is its first with hardware ray tracing for Android gaming

Arm is announcing its new flagship Immortalis GPU today, its first to include hardware-based ray tracing on mobile. As PCs and the latest Xbox Series X and PS5 consoles are all gradually moving toward impressive ray-traced visuals, Immortalis-G715 is designed to be the Arm’s first GPU to deliver the same on Android phones and tablets. …

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Indian rupee hits record low amid concerns over sustained inflation

Indian rupee hits record low amid concerns over sustained inflation

The Indian rupee hit record lows against the US currency on Tuesday after higher oil prices raised concerns of sustained inflation, although intermittent dollar selling by the central bank helped limit losses. The rupee dropped as much as 0.6 per cent to 78.775 versus the dollar, surpassing a previous all-time low of 78.39 hit last …

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Tesla Stock Hits Resistance As Q2 Deliveries Loom

Tesla Stock Hits Resistance As Q2 Deliveries Loom

Tesla (TSLA) is likely to announce global production and delivery data for the second quarter later this week, after the Covid lockdowns and restrictions significantly reduced Shanghai plant production for much of the quarter. CEO Elon Musk has also cited supply-chain woes for limiting output elsewhere. Tesla stock rose Tuesday. X Wall Street has revised …

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Analysts accuse Bed Bath & Beyond of turning off AC in stores to save money as sales plummet

Analysts accuse Bed Bath & Beyond of turning off AC in stores to save money as sales plummet

A new report from Bank of America claims that the company has cut air conditioning in an effort to quickly lower expenses to make up for a slump in sales. Bed Bath & Beyond told CNN that any changes in store temperature guidelines did not come from corporate. “We’ve been contacted about this report, and …

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