Mobile

U.S. internet satellite service OneWeb offers to sell minority stake to Russia

MOSCOW (By Maria Kolomychenko, Reuters) – U.S. satellite start-up OneWeb has offered to sell a minority stake to Russia, a move it hopes will allay Moscow’s concerns about the company’s plan to create a worldwide internet network using satellites, three sources familiar with the matter said. Russia’s Federal Security Service (FSB) said in October it […]

Emerging Tech

U.S. military wants to use bioengineered sea bacteria to spot enemy subs, drones

From self-guiding bullets to brain-computer interfaces and robot insect spies, there are plenty of military technologies that sound like something straight out of a science fiction movie. Now the U.S. military is apparently looking to add one more technology to the mix: Water-based microorganisms that can be used to detect enemy submarines, underwater drones, or […]

Gaming

Modern Times Group invests in 11 U.S. and European game startups

Modern Times Group (MTG) said it has invested in 11 gaming startups during the past year or so. The Stockholm, Sweden-based MTG made the investments in categories, including online gaming, esports, virtual reality, and augmented reality. This disclosure makes MTG one the most active investors in the games sector, with a portfolio of gaming content, software tools, live experiences, […]