Welcome to the Disruptiv newsletter! You're about to get this week's top tech and innovation insight that we saw this week. Enjoy! [disruptivflow-header] Good morning, FlowBankers Welcome to the Disruptiv newsletter! A weekly aggregate of relevant tech-focused quick takes. . Saturday 2nd July, 2022 [Start trading](113/cXx8Z04/VVJYyl1rbRRcW1VGrn74kvThnW48Yhp74L_lPxN4KxWMS3q3n_V1-WJV7CgJNtW36bfLw5rtGwnW8J0M9z2-GgNrW81dr2C1kcb7lW2d7mqb55z9VCW2sxx6x8ctjQjVbnfxw7PTRPKW6z990y2X3Nm9W3X9LTr2RtXKtW7nl9qy3v9kj-W4xLP6k9gzWcKW4HqpT370C_1QW5CsJQd43RjM5W5hnhCf8cMTy5W3p1sQP4Q3YDjW7dsMN_6JhsYTN1qwbnDVdjhlVFh3k_5hw-tqW4BWlFK4H5z2rW7zZPXy3yfQ0PW8K9DSG6whXDnW7q3syy2YDzvFW55KRv-26mZ2DW6lbybg2LvSXhW2JF6-f5K8hXNW3TzX8f38hSy_VQZwkg3r_KSw31tp1) FlowBank tech articles ð Oil giants turn to green technologies [asd-2](113/cXx8Z04/VVJYyl1rbRRcW1VGrn74kvThnW48Yhp74L_lPxN4KxWMS3q3n_V1-WJV7CgT3fW9fW9lH7SJR-KN7HvkfHRBT7FW4j3Dzp8BHln4W68M-Q27bksLWW8L51z16lY4cBW5QhBYc3Jmt4CN7r42NkQ7HRKW8_Bk4W5-3TcsW2p6g9q8W1KqZW6XSYCr76KTKMW4rrklh5PkGr5W1dByZF2kF1sVMJdnRgmHtHlW8-6RLk6b8x3vV1ysgj6_QnqDW6z1PqS9b54dcW6q421H7-Y57hVXlQxh3h8Bh_W7DngZN4WmkfBW7Q0Jvm8HTrKNW6HDHP51x3KRHW2L8qTc7gwKpTW7Y0SJL3CSJBVW1TW8Lq14tkKmW5H2Cks8zW_ZRW8ZgbkT9jm_Gg3gcK1) The war in Ukraine and the West's efforts to accelerate decarbonization have left the fossil fuel industry no choice but to adopt a greener roadmap. [Read me](113/cXx8Z04/VVJYyl1rbRRcW1VGrn74kvThnW48Yhp74L_lPxN4KxWMS3q3n_V1-WJV7CgMMFN7jS8B0nR9_-N6QwGHxZYWd7W35gsLz5dcckwW1-Wz918XVhm5W8hFMsw6CLN_rN3qJ-pHyvJYlW45jWDj3kjlNqW2P6ddz6TfZglW7pY-Xx4jPDJrW2kfS524kztPmN34t8Xwdk36XW9clw-w98DsNzW2NspC06-RcxQN4TRHDNswX4dW6hCXpN3t2K9bW90qV-X1Pj-crW1zNQvt3-pRbjVfHflz6cLlX8W8kcPzX8Q8bwFW58NWW857CftBW63YLzB5Mn69FW5CS4RQ4t4vSGW5n-DLH2Lnnt3N8qxPKgQq4x8W1bY4Hs8CF0JTW6mBfgg88wx2q3j3v1) Big Technology ð c - SpaceX received from the Federal Communications Commission authorization to use its Starlink satellite internet system on vehicles in motion (cars, trucks, boats, and aircraft) this week. A big win for SpaceXâs Starlink system, potentially opening up the service to a more diverse range of use cases and customer.
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- Volkswagen unveiled a stylish new electric sedan concept, the ID Aero, which it plans on putting into production in China in 2023. It will launch in China first and the model will be VW' s flagship in a family of EVs.
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- Amazon is reportedly hosting a second major event for Amazon Prime Subscribers later this year. The âPrime Fall Deal Eventâ should happen in Q4. Last year, Amazon hosted a beauty products event in October. c
- Apple is set to release plenty of new devices starting this fall, according to a Bloomberg report. It should include new iPhones, iPads, AirPods, Apple watches, several upgraded Macs, and a boosted Apple TV model. VC + Startups ð¯ - Climeworks, the Carbon dioxide removal company announced on Tuesday it is building a second commercial-sized plant in Iceland that will capture and store 36'000 metric tons per year of carbon dioxide. - Sharebite, a startup that partners with restaurants to deliver food to corporate clients raises USD39 million. It plans to launch new products and developing AI-powered tools. - Screenloop, a London-based startup is pushing the hiring momentum forward with its intelligence hiring platform. It raised EUR6.6 million in funding to accelerate its journey of improving the hiring process. - Magical Muschroom, a UK-based startup on the mission to reduce plastic through nature-based alternatives raises EUR3.4 million. It developed a plant-based biodegradable packaging using mushrooms. Crypto ð¾ - Bitcoin (BTC) experienced its worst quarterly loss in 11 years, as price and blockchain activity both dropped over the last three months. Eight consecutive red candles were seen in Bitcoin during the last quarter, and June saw a 37% drawdown, the biggest monthly losses since September 2011. - Shares of Robinhood (HOOD) jumped 14% earlier this week on news that FTX, the cryptocurrency exchange run by Sam Bankman-Fried, was exploring whether it may be able to purchase Robinhood. - Some strategists predict that the worst of the crypto bear market could be over as stronger crypto firms have come in to bail out the industry in the midst of major deleveraging. Law and regulation ðµï¸ - The European Union reached a provisional agreement on its landmark Markets in Cryptoassets directive. The key legislation will regulate the crypto sector with common rules across all 27 member states.
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- The Chair of China's Blockchain Service Network (BSN) criticised crypto in an article targeting various types of crypto and their "ponzi-like" nature. Disruptiv Figure ð .
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