Mark Zuckerberg and Bill Gates Join Forces To Invest in Clean Energy Technology

The founders of Facebook and Microsoft are teaming up to solve climate change. Mark Zuckerberg announced today that he and his wife, Priscilla Chan, have launched the Breakthrough Energy Coalition with Bill Gates to invest in zero-carbon energy technology around the world. The organization’s membership roster includes some of the most prolific names in technology, including Richard Branson, Jeff Bezos, Jack Ma, and Masayoshi Son.

The news was timed to coincide with the U.N. Climate Control Conference, which will take place in Paris this week. During the event, Gates and U.S. President Barack Obama are expected to unveil a significant new initiative called Mission Innovation, which will work with governments to double public investments in energy research over the next five years.

According to the Washington Post, the 19 countries that have already joined Mission Innovation will increase their annual spending on clean-energy research and development to $20 billion by 2020.

Mission Innovation and the Breakthrough Energy Coalition are separate programs, but will work closely together in countries that have committed to reducing carbon emissions.

On its website, the Breakthrough Energy Coalition explains that its goal is to cover gaps in government funding in countries by commercializing the most promising and scalable ideas to come out of public research institutions. It will take a flexible attitude toward investments, providing early-stage to Series A funding in several sectors, including electricity generation and storage, transportation, industrial use, agriculture, and energy system efficiency.

Comments

job

http://TheWeeklyJob.com/?id=147500

Facebook ‘Class Action’ Privacy Lawsuit Moves To Austrian Supreme Court

A privacy lawsuit filed against Facebook last year by Viennese lawyer and data privacy activist Max Schrems has moved up to Austria’s Supreme Court which will rule on whether the suit can be treated as a class action. When Schrems kicked off the suit, back in July 2014, he invited adult non-commercial Facebook users located anywhere outside the U.S. and Canada to join the suit for free — and tens of thousands of people quickly took up the invitation. The legal action focuses on multiple areas where the plaintiffs argue Facebook has been violating EU data protection laws, such as the absence of effective consent to many types of data use; the tracking of Internet users through external websites; and the monitoring and analysis of users via big data systems. Facebook’s participation in the NSA’s PRISM surveillance program is also part of the complaint. In July the case suffered a setback when an Austrian regional co...

How ad-free subscriptions could solve Facebook

At the core of Facebook’s “well-being” problem is that its business is directly coupled with total time spent on its apps. The more hours you pass on the social network, the more ads you see and click, the more money it earns. That puts its plan to make using Facebook healthier at odds with its finances, restricting how far it’s willing to go to protect us from the harms of over use. The advertising-supported model comes with some big benefits, though. Facebook CEO Mark Zuckerberg has repeatedly said that “We will always keep Facebook a free service for everyone.” Ads lets Facebook remain free for those who don’t want to pay, and more importantly, for those around the world who couldn’t afford to. Ads pay for Facebook to keep the lights on, research and develop new technologies, and profit handsomely in a way that attracts top talent and further investment. More affluent users with more buying power in markets like the US, UK, and Canada command higher ad prices, effectively...

Best Web Design Company in Pondicherry

#Technology has two faces. We all feel it, but sometimes can’t find words to describe it. #Ebooks are the best example to show the 0-1 nature of emotions the #technology evokes. #itwhere provide a #Best #solutions to #Growyourbusiness feel free to drop a #Mail info@itwheretech.co.in www.itwheretech.co.in

eGym raises $45M Series C for cloud-connected gym equipment and fitness software

eGym , the Munich-based startup that offers cloud-connected gym equipment and supporting cloud software and app for the fitness training floor, has closed $45 million in Series C funding. The round was led by new investor HPE Growth Capital, while existing investors, including Highland Europe, also participated. The problem that eGym is looking to solve is that, whilst gyms have moved from a bodybuilder market to a mass market in the last 20 years, the technology in gyms lags behind. That’s despite the fact that better use of technology can help to reduce customer churn, the biggest pain-point of both gym operator and gym users. Comprising of an app for both gym user and trainer, combined with the company’s connected strength machines, the eGym Cloud makes it possible for gym members to receive better fitness instruction and an evolving and personalised fitness plan based on data collected as they workout. And by providing a better workout feedback loop, gym goers can get an i...

Exciting Technology

Search This Blog