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China’s tech moguls bet on 5G to help lift economy amid increased security scrutiny in the West

China’s technology titans look to leverage the faster online connections and other advanced features from upcoming 5G networks to help boost the domestic economy, as the US and other Western nations assess the risks of the next-generation mobile system and products from telecommunications equipment supplier Huawei Technologies.Lei Jun, chairman and chief executive of smartphone giant Xiaomi Corp, and Yang Yuanqing, computer maker Lenovo Group’s chairman and chief executive, separately described… Source link

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Veggie ‘meat’ start-up backed by Nasa wins financing from tech moguls and Silicon Valley climate fund

A Chicago-based biotechnology company working with Nasa to develop a new form of plant-based protein fit for supporting space exploration has received US$33 million from venture capital firms, including an energy tech fund backed by Bill Gates, Jack Ma and Jeff Bezos. The funding will support the development and commercialisation of the animal protein alternative, according to Sustainable Bioproducts co-founder and chief executive Thomas Jonas. The climate-friendly protein is a product of research into extremophile organisms that live in Yellowstone National Park’s volcanic springs. “That work led to the development…

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