MIT Technology Review

Last summer, investors gathered in the parking lot of a converted warehouse in Santa Cruz, California. Rob McGinnis, the founder and chief executive of Prometheus Fuels, was ready to show off his “Maxwell Core.” The pipe-shaped device is packed with a membrane riddled with carbon nanotubes, forming pores that separate alcohols from water. That day,…

Robin Kim graduated from New York University in 2015 with a degree in economics. He borrowed more than $100,000 from the US government and quickly became locked in to high interest rates. He has been trying to pay off his student loans ever since. Eventually, Kim refinanced through a private lender to lower the interest…

On the night of April 22, millions of people in China watched the same video on their phones: a six-minute montage of audio clips from the covid-19 lockdown in Shanghai, titled “The Voice of April.” Its emphasis on the lockdown’s human toll struck a chord, and people shared it widely on WeChat and other messaging…

While NFT traders in the US fret over their tax responsibilities for selling big-ticket digital assets, their peers in China are faced with a very different problem: the Chinese industry is headed to a future where NFTs can’t be traded at all. On April 13, three national financial industry associations in China—which collectively cover almost…

Shortly after midnight on May 4, 2018, Jane Manchun Wong tweeted her first “finding” ever. “Twitter is working on End-to-End Encrypted Secret DM!” she wrote. A young woman of color, then just 23, exposing the plans of a Big Tech firm without any tools apart from her own ability to reverse-engineer code was (and is)…

In the back room of an old and graying building in the northernmost region of New Zealand, one of the most advanced computers for artificial intelligence is helping to redefine the technology’s future. Te Hiku Media, a nonprofit Māori radio station run by life partners Peter-Lucas Jones and Keoni Mahelona, bought the machine at a…

A startup using genetically engineered microbes, light, and carbon dioxide in an attempt to make an alternative to petroleum-based products has caught the attention of United, one of the world’s largest airlines. Aviation accounts for about 3% of global carbon dioxide emissions—nearly 1 gigaton in 2019. That number is growing, and there are few solutions…

Daan Keuper has hacked under a bright spotlight before. In 2012, he hacked a brand-new iPhone and took home $30,000 while on center stage at Pwn2Own, the biggest hacking contest in the world. Driven by curiosity, Keuper and his colleague Thijs Alkemade then hacked a car in 2018. Last year, motivated by the pandemic, they…

Organized cybercriminals with money to burn are fueling a spike in the use of powerful, expensive zero-day hacking exploits, new research has found. Zero-days exploits, which help grant a hacker access to a chosen target, are so called because cyber-defenders have had zero days to fix the newly discovered holes—making the tools extraordinarily capable, dangerous,…

Mobile providers are accelerating their rollout of the flexible, low-latency, multi-gigabit-per-second communications network known as 5G. The technology promises to deliver not just faster data rates, but a more flexible and programmable network. This will be combined with the high reliability and low latency required to create secure, reliable wireless ecosystems to benefit industries beyond…

In the Bendungan Hilir neighborhood, just a stone’s throw from Jakarta’s glitzy central business district, a long row of makeshift wooden stalls crammed onto the sidewalk serves noodle soup, fried rice, and cigarettes to locals. One place stands out in particular, buzzing with motorcycle drivers clad in green. It’s an informal “base camp,” or meeting…

If sheer square footage of advertising space is any indication, crypto has arrived. Crypto billboards surround the Bay Area and line LA highways, and you can’t catch a train in NYC without running into an ad for a coin or exchange. A-listers like Gwyneth Paltrow are pushing crypto platforms, and this year’s Super Bowl broadcast…

It was meant to be a temporary side job—a way to earn some extra money. Oskarina Fuentes Anaya signed up for Appen, an AI data-labeling platform, when she was still in college studying to land a well-paid position in the oil industry. But then the economy tanked in Venezuela. Inflation skyrocketed, and a stable job,…

Every day, a repurposed garbage truck ferries visitors up El Salvador’s Conchagua Volcano to an ecotourism retreat. The vehicle thunders along a cratered road, tossing passengers from side to side. At the summit, they spill out into the sun-dappled forest and are rewarded with sweeping vistas of the deep blue Gulf of Fonseca. The retreat…

The cameras are not there yet. But the fiber already is. Thami Nkosi points to the telltale black box atop a utility pole on a street once home to two Nobel Peace Prize laureates: South Africa’s first Black president, Nelson Mandela, and the anti-apartheid activist and theologian Desmond Tutu. It always happens this way, Nkosi…

My husband and I love to eat and to learn about history. So shortly after we married, we chose to honeymoon along the southern coast of Spain. The region, historically ruled by Greeks, Romans, Muslims, and Christians in turn, is famed for its stunning architecture and rich fusion of cuisines. Little did I know how…

The economy is being transformed by digital technologies, especially in artificial intelligence, that are rapidly changing how we live and work. But this transformation poses a troubling puzzle: these technologies haven’t done much to grow the economy, even as income inequality worsens. Productivity growth, which economists consider essential to improving living standards, has largely been…

If, in 2017, you had taken a gamble and purchased a comparatively new digital currency called Bitcoin, today you would be a millionaire many times over. But while the industry has provided windfalls for some, local communities have paid a price. Cryptocurrency is created by computers solving complicated mathematical equations—a process that took off after…

The FBI said on Thursday that the Lazarus Group, a prolific hacking team run by the North Korean government, is responsible for the March 2022 hack of a cryptocurrency platform called Ronin Network. The hackers stole $620 million in the cryptocurrency Ethereum. That’s an eye-catching number in almost any context. But in the Wild West…

Like many banks, National Australia Bank (NAB) decided to outsource a large part of its operations in the 1990s. “We pushed all our operations and a large part of our development capability out to third parties with the intent of lowering costs and making our operations far more process driven,” says Steve Day, the chief…

Age is much more than the number of birthdays you’ve clocked. Stress, sleep, and diet all influence how our organs cope with the wear and tear of everyday life. Factors like these might make you age faster or slower than people born on the same day. That means your biological age could be quite different…

“We are cashless,” proclaims a sign on the gleaming glass door of the cafe I frequent. The sign predates the glossy list of covid-19 measures taped beside it, but together they present a united declaration of touchless efficiency—the promise of experiencing public space, social interaction, and consumer exchange with utmost convenience and cleanliness. Yet for…

The venture capital firm Lowercarbon Capital has raised a $350 million fund dedicated to carbon removal startups, in another sign of the surging interest in a space that barely existed a few years ago. The goal of the new fund, which MIT Technology Review is reporting exclusively, is to accelerate the development and scale-up of…

Hitchhiking in the cab of a sand truck late one Saturday night in 2018, Bill Kirwa had almost forgotten about the bet. The wager he’d placed that afternoon had been a long shot: to win, he’d need to correctly pick which team was ahead, at both halftime and full time, in four soccer matches on…

With its Emirates Mars Mission, also known as the Hope Probe, the UAE has established itself as only the fifth country in history to reach Mars and the seventh in the world to reach the orbit of another planet. The UAE’s first mission to Mars, Hope’s goal is to provide the first, complete picture of…

Cities are loud places. Traffic, trains, and machinery generate a lot of noise. While it’s a mere inconvenience much of the time, it can become a deadly problem when it comes to detecting earthquakes. That’s because it’s difficult to discern an approaching earthquake amid all the usual vibrations in bustling cities. Researchers from Stanford have…

A new type of battery made from electrically conductive polymers—basically plastic—could help make energy storage on the grid cheaper and more durable, enabling a greater use of renewable power. The batteries, made by Boston-based startup PolyJoule, could offer a less expensive and longer-lasting alternative to lithium-ion batteries for storing electricity from intermittent sources like wind…

For years, Michael Maxson spent more nights in hotels than his own bed, working on speaker systems for the titans of heavy rock on global tours. When Maxson decided to settle down with his wife and their two dogs, they chose the city where stadium rock spectacles took him more often than any other: Las…

Russian hackers targeted the Ukrainian power grid and attempted to cause a blackout that would have hit 2 million people, according to Ukrainian government officials and the Slovakian cybersecurity firm ESET. The hackers attempted to destroy computers at a Ukrainian energy company using a wiper, malware specifically designed to destroy targeted systems by erasing key…

Money is one of humankind’s most remarkable innovations. It makes it possible to trade products and services across great geographic distances, between people who may not know each other and have no particular reason to trust each other. It can even be used to transfer wealth and resources over time. Without money, trade and commerce—all…

In a former insurance office building on the outskirts of Charlottesville, Virginia, a new kind of sugar factory is taking shape. The 48,000-square-foot facility is being developed by a startup called Bonumose, funded in part by Hershey. It uses a processed corn product called maltodextrin that is found in many junk foods. Like its notorious…

To create sustainable business impact, AI capabilities need to be tailored and optimized to an industry or organization’s specific requirements and infrastructure model. Hear how customers’ challenges across industries can be addressed in any compute environment from the cloud to the edge with end-to-end hardware and software optimization. About the speakers Kavitha Prasad, VP &…

The use of AI in finance is gaining traction as organizations realize the advantages of using algorithms to streamline and improve the accuracy of financial tasks. Step through use cases that examine how AI can be used to minimize financial risk, maximize financial returns, optimize venture capital funding by connecting entrepreneurs to the right investors;…