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Running Tide, an aquaculture company based in Portland, Maine, aforementioned It is expected to establish tens of thousands of small algae farms floating in the North Atlantic between this summer and the next. The hope is that the rapidly growing macroalgae will eventually sink to the ocean floor, storing thousands of tons of carbon dioxide in the process.
The company has raised millions in venture finance and acquired widespread media Cautionand counts big names like the Chan Zuckerberg Initiative among its clients. But Running Tide struggled to grow algae along ropes in the open ocean in its first attempts last year and has lost a number of scientists in recent months, sources familiar with the matter tell the MIT Technology Review.
At least a few of the departures were due, in part, to company executives’ concerns that they were not paying enough attention to the potential ecological impacts of their plans. Some employees were also annoyed that Running Tide was discussing more controversial practices, including adding nutrients to the ocean to encourage macroalgae growth. Read the full story.
—James Shrine
must read
I scoured the internet for today’s most entertaining/important/scary/fascinating stories about technology.
1 A US defense company is considering buying Pegasus spyware
The US has the potential to put a spy tool powerful enough to be considered a weapon. (FT $)
+ NSO was about to sell hacking tools to France. It is in crisis now. (MIT Technology Review)
Cars running autopilot system crashed hundreds of times
Raising serious questions about the safety of such systems and our trust in them. (WP $)
+ Big new idea for making self-driving cars that can go anywhere. (MIT Technology Review)
+ Elon Musk thinks Tesla would be worth “basically zero” without its self-driving technology. (insider)
3 Inside Krypton’s ugly culture war
Employees allege that the boss of major crypto exchange Kraken has created a toxic work environment. (NYT $)
+ The future of credit platform Celsius does not look very bright. (Bloomberg $)
+ Crypto is surmounting a bitter storm. Some of them still go to hell. (MIT Technology Review)
4 Rural America’s long wait for fast internet shows no signs of waning
Despite the government spending billions of dollars on upgrades. (WSJ $)
5 China’s radio telescope caught a mysterious signal
Which, while fascinating, is unlikely to be alien. (Speech)
+ Here’s how factories in space can work. (Quartz)
6 Ukraine’s internet is redirected to Russia
Thus, it subjects its traffic to the censorship regime of the country. (wired $)
+ The US wants to know how its electronics turned into Russian military equipment. (WP $)
7 The Internet has spawned a new way of working for the middle classes
However, making big bucks is still the property of the precious few. (New Yorker $)
+ Why is TikTok undoing all of MTV’s hard work? (Atlantic Ocean $)
8 How eBay shaped the modern internet
And it became one of our first platforms in this process. (Guard)
9 Why Your Baby’s Name Isn’t As Unique As You Think
We are all influenced by our cultural environment more than we think. (motherboard)
10 The memefication of Catholicism is in full swing
This does not mean that more people are going to church. (vox)
Word of the Day
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