Technology 

Corporate investors pile into electric vehicle startups

DETROIT (Reuters) – Corporate investors from outside the auto industry are placing increasing bets on electric vehicles, vying with automakers and suppliers to bankroll startup companies working on everything from advanced batteries to charging devices and all-new EVs. FILE PHOTO: A Chevrolet Volt plug-in hybrid vehicle is being charged at Stewart Chevrolet in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam Some 250 startups involved in some aspect of electrification have attracted more than $20 billion in venture capital, notably from a broad array of corporations across multiple industries, according…

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Technology 

Airspace Technologies raises $20 million as investors pile into logistics startups

SAN FRANCISCO (Reuters) – The latest startup aiming to bring new technology to the business of moving around cargo has raised $20 million in fresh funding, bolstering an already record year of fundraising for companies in the shipping and logistics sector. The chief executive of Airspace Technologies, a nearly 3-year-old startup based in Southern California, told Reuters it raised the money in a funding round led by Silicon Valley-based firm Scale Venture Partners, with help from existing investors including Qualcomm Ventures. The company plans to extend the round and raise…

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Technology 

Netflix adds to growing debt pile with $2 billion bond issue

(Reuters) – Netflix Inc (NFLX.O) announced on Monday it will tap debt markets for a second time this year, aiming to raise another $2 billion as the streaming video pioneer invests heavily in production of original shows and content acquisition to fend off intensifying competition. The move, which the company said was aimed at funding a broad spread of activities including paying for new content, spurred falls in both the prices of its bonds and its shares as investors worried about the growing costs of its huge planned investments in…

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NHS waste backlog: Criminal probe over body parts ‘pile up’

Image copyright Getty Images A criminal investigation has been launched after a backlog of medical waste including body parts was allowed to build up at six UK disposal sites. It emerged on Thursday that the waste from hospitals had not been disposed of in a timely fashion by contractor Healthcare Environmental Services. The Environment Agency said the firm was in breach of permits. The Scottish Environment Protection Agency is monitoring two sites where enforcement notices have been issued. The UK government’s department of health said there was no risk to…

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Human body parts ‘pile up’ in NHS waste backlog

Image copyright Getty Images Hundreds of tonnes of human body parts and medical waste is piling up after a disposal company working for the NHS has struggled to incinerate it. The government confirmed the waste had not been properly disposed of by Healthcare Environmental Services. A spokeswoman said there was no risk to the public, but the waste material had not been incinerated in a timely fashion. The anatomical waste is stored on sites in secure and refrigerated containers. The contractor removes the waste from a significant number, but not…

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World Cup 2018: Lensman caught in Croatia victory pile

Image copyright Carl Recine/Reuters Image caption Yuri Cortez ended up trapped under the celebrating Croatian players after they beat England No photographer got closer to Croatia’s World Cup semi-final victory than AFP’s Yuri Cortez who found himself right under the pile of jubilant players. He happened to be working in the corner of the pitch in Moscow where Mario Mandzukic rushed to celebrate after scoring against England in extra time. Teammates piled in after the man behind the winning goal and Cortez disappeared beneath the team. “They just kept coming…

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