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Corporate sustainability initiatives may open doors for carbon offset startups

TechCrunch

Commitments to carbon neutrality keep coming from all corners of the business world — over the past few weeks, companies ranging from the fast-casual restaurant chain Sweetgreen to the security-focused networking IT company Palo Alto Networks to the online craft retailer Etsy committed to net-zero carbon emission plans.

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Top tech trends powering the Middle East’s digital evolution by 2025

CIO

In the energy and utilities sector, sustainability goals, such as Saudi Arabias Vision 2030 and UAEs Net Zero 2050, will drive investment in smart grids, renewable energy, and AI-driven energy efficiency solutions. Fintech hubs like Dubai and Riyadh will continue attracting global and regional players.

Trends 122
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Daily Crunch: Snap lays off one-fifth of its workforce after missing revenue and growth targets

TechCrunch

Populus, the San Francisco–based transportation data startup, got its start as shared scooter mania took hold and cities tried to make sense of how infrastructure was being used by fleets of tiny vehicles. It’s a really good read from the TechCrunch transportation desk with an undertone of “the power of great pivots.”

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Canoo warns it may not have enough funds to bring EVs to market

TechCrunch

Just last month, Canoo was even selected by NASA to build the ground crew transportation vehicles for the Artemis space exploration program. Canoo’s net loss reached $125.4 million in the same quarter last year, with net cash used in operating activities totaling $120.3 million, compared to $15.2 million in Q1 2021.

Marketing 237
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The air taxi market prepares to take flight

TechCrunch

Taking an eVTOL from design through to manufacturing and certification will likely cost about $1 billion, Mark Moore, then-head of Uber Elevate, estimated in April 2020 during a conference held by the Air Force’s Agility Prime program. Meanwhile, Joby’s net loss last year was $114.2 million and Archer’s was $24.8

Marketing 277
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The Station: Arrival slashes EV targets, more Tesla FSD controversy and NHTSA loses its captain

TechCrunch

The Station is a weekly newsletter dedicated to all things transportation. Against that backdrop of unsafe practices, I wanted to note an important departure over at the Department of Transportation. The UK’s Department of Transport reports weekday cycling rates have jumped 47% in the first half of 2022.

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The Station: Uber seals a deal with NYC taxis, Aurora rolls into ride-hailing and LG Energy invests in North America

TechCrunch

The Station is a weekly newsletter dedicated to all things transportation. Transportation editor Kirsten Korosec was out for a few days this week, so I (Rebecca Bellan) am here to give you all the important future of transportation news that happened this week. But first! Notable news and other tidbits. Autonomous vehicles.

Energy 207