In the late 1960s a good chunk of the world’s brightest minds and fanciest labs were devoted to one thing: space exploration. When NASA’s funding peaked in 1966 the organisation employed 400,000 people and consumed more than 4% of the US federal budget. Three years later, after less than a decade of serious…
Ikea is one of the largest corporations in the world, and even the smallest change in its supply chain could have a gigantic impact on its business. After all, this is a company that uses 1 percent of the world's wood supply. In fact, Ikea operates a whole venture fund devoted to emerging tech, from ice cream to…
A coalition of 100 investors announced plans to build a "Chinese-controlled economic zone" populated by skyscrapers and luxury residences. Their new city will be in Kenya, but the goal is to "match the glamour of Dubai." What would motivate investors to go to the trouble of building a massive new city in a country…
How old would you say the average piece of NYC subway is? 50 years? 60? You sweet, naive fool. No, the average subway is a nonagenarian. A new report on NYC's infrastructure is out, and it is not good. But should we be panicking?
Four years ago, Oslo-man Christopher Koch's girlfriend scoffed at his purchase of $27-worth of Bitcoin. Chances are she was singing a decidedly different tune last April, when Koch checked back in on his investment and found out it was worth $886,000. And over a cool million today.
If there's one thing I know about Gizmodo readers and staff, it's that we all have a bunch of excess money that's stressing us out. What should we do with it? Where should we invest it? Tough questions. But even if the whole tech startup vs. blockbuster investing question doesn't quite apply to you it's still kind of…
The Wall Street Journal is reporting that Intel is throwing a cool $100 million towards "perceptual" computing technologies like voice and gesture control. The future might be here sooner than we thought.
Sharp has just announced that it's getting a $110 million shot in the arm from Samsung. In turn, that will help guarantee Sammy as many LCD panels as it can use.
Obama dominated the tech angle of the '08 election with his smartphone packing social media swagger (his opponent not knowing how to use a computer helped too). But The Economist says some in the tech business now feel abandoned.
Does the lure of playing with "the most powerful tablet anyone has ever made" tempt you? How about those dual 14.1-inch touchscreens? (That's a combined might of 28.2-inches!) Kno has received $46m investment, with an end-of-year launch already penciled-in.
Whoa. TechCrunch reports that Google has invested between $100 and $200 million in Zynga, the social gaming behemoth behind Farmville, Mafia Wars, and others, in preparation for the launch of Google Games later this year.
Helio just got a hot beef injection in the form of $270 million from SK Telecom, which means the cellphone provider should be around for a couple years at least, allaying any fears you may have about jumping on board. [CNN]