Jul 27, 2020

Apple’s MacBook Pro gets green revision

Dan Weatherley
2 min
MacBook Pro
The Cupertino-based tech giant has revised its 16-inch Macbook Pro laptop with a new smelting process...

The Cupertino-based tech giant has revised its 16-inch MacBook Pro laptop with a new smelting process.

A press release released by Apple, it has been revealed that a new carbon-free aluminum smelting process will be used during the manufacturing stage of the company’s 16-inch MacBook Pro range in an effort to tackle emissions.

The move has been revealed as part of the company’s recently announced commitment to become entirely carbon neutral in both its supply chain and entire product range by the start of the next decade.

Apple has described the manufacturing alteration as the “first-ever direct carbon-free aluminum smelting process.”

The press release suggests the change has not yet reached the production line which may mean the company could be holding off until the annual refresh of the laptops. It has been reported that this could be delayed until 2021 due to mini-LED production issues. 

Apple’s CEO, Tim Cook, commented on the manufacturing change saying: “Businesses have a profound opportunity to help build a more sustainable future, one born of our common concern for the planet we share”.

Cook then went on to say: “The innovations powering our environmental journey are not only good for the planet — they’ve helped us make our products more energy efficient and bring new sources of clean energy online around the world. Climate action can be the foundation for a new era of innovative potential, job creation, and durable economic growth.

“With our commitment to carbon neutrality, we hope to be a ripple in the pond that creates a much larger change.”

Apple is also doing much more to help decarbonise its operations. The press release also reiterated the company’s commitment to innovating and investing in product recycling and making its entire range of products, from mice to Mac’s, as energy efficient as possible.

In 2019, the company’s range of iPhone’s, iPad’s, Mac’s and Apple Watch’s were all made with the use of recycled materials, enabling it to reduce its annual carbon footprint by 4.3 million metric tons.

In addition to all of this, Apple aims to help reduce the world’s large-scale ‘e-waste’ issue by manufacturing better quality cables made of fabric. Despite this, it has also been rumoured that the company could completely eliminate the inclusion of its EarPods headphones and in-box charger for the iPhone 12, which will help cut waste and enables users to reuse old accessories rather than throwing them away.

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Jun 18, 2021

Start-ups receive $60 billion investment, smash 2020 record

techstartups
investment
Technology
Laura Berrill
2 min
Europe’s tech sector start-ups attracted more venture capital investment in 2021 than the whole of 2020 with the UK leading in tech policy

Start-ups on the continent have raised a massive 43.8 billion euros ($60.9 billion) in just the first six months of 2021, according to figures from Dealroom, surpassing the record 38.5 billion euros invested last year..

This is despite the fact that the number of venture deals signed so far is around half the amount agreed in 2020. Only about 2,700 funding rounds have been raised so far this year, compared to 5,200 last year.

Prime examples in times of change

Examples are Swedish buy-now-pay-later firm Klarna which has raised more than $1.6 billion in two financing rounds, the German stock trading app Trade Republic received $900 million in May and British payments provider Checkout.com snapped up $450 million at the start of the year.

The figures suggest that European tech firms are pulling in far larger sums of money per investment than in previous years, which defies the economic uncertainty of the pandemic and boosted online services enormously.

The CEO of Checkout.com, Guillaume Pousaz, said start-ups have often been created in times of crisis, citing the emergence of several new financial technology companies in the wake of the 2008 global financial crisis.

He added that big transformational change was often the time when there is the emergence of a lot of new start-ups, sometimes when people are losing their jobs for associated reasons.

UK leading the charge

Scale-Up Europe, a group that includes the founders of UiPath and Wise, proposed 21 recommendations to help the region build “the next generation of tech giants.” Among the suggestions are tax credits to corporates for investing in start-ups and regulatory changes that adapt to new innovations.

Sebastian Siemiatkowski, CEO of Klarna, said the U.K. leads Europe when it comes to tech policy, and that there were a number of regulatory issues needing to be addressed before the European Union can produce tech giants of its own.

Siemiatkowski highlighted EU regulation of web cookies as an example of “poor regulation.” Yet, as the number of $1 billion start-ups in Europe continues to grow, the number of exits in the continent is also increasing. 

This year has already seen some notable acquisitions, including Etsy’s $1.6 billion purchase of U.K. fashion resale app Depop and JPMorgan’s takeover of London robo-advisor Nutmeg.

As for stock market listings, a number of notable debuts have taken place in London in particular, including food delivery app Deliveroo, cybersecurity firm Darktrace and reviews site Trustpilot. Money transfer giant Wise, formerly known as TransferWise, plans to go public in the U.K. capital soon.

 

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