Frontier, the carbon removal consortium backed by Stripe, Alphabet, Meta, Shopify and McKinsey Sustainability, has signed an 11.7 million dollar removal deal with mineralization company 44.01, Datacenter Dynamics reported. The contract covers 20,932 tons of carbon, with credits expected to be delivered from 2028 to 2031 from a project in the United Arab Emirates that captures biogas from a wastewater treatment plant. The company stores carbon by dissolving it in water and pumping it about 1,000 metres underground, where it reacts with rock to form stable carbonates. Frontier, launched in April 2022, said in June it would invest a further 915 million dollars in carbon removal, taking its total commitment to 1.8 billion dollars. This item is single sourced to Datacenter Dynamics.
Even Healthcare has raised 50 million dollars in an all equity Series B led by Khosla Ventures, with participation from Alpha Wave, at a 300 million dollar valuation, triple its level 18 months ago, TechCrunch reported. The Bengaluru company has opened two hospitals that it says reached operational profitability within a year, plans five more in the city in the next six months, pays doctors fixed salaries rather than fees per procedure, and reports an unplanned readmission rate below 1 percent against an industry benchmark of 8 to 15 percent. It remains loss making, with a net loss of about 9.5 million dollars in fiscal 2025 on revenue of about 2.86 million dollars, according to regulatory filings cited by TechCrunch, and it laid off about 350 employees in August.
Leap seconds are being abolished before they become a recurring systems problem, The Register reported, a change that removes a one second adjustment that has repeatedly caused software and network failures. Separately, ICANN has vowed to work faster and improve transparency, The Register reported, a governance commitment from the body that coordinates the domain name system rather than a rule change with immediate market effect.
China’s Ministry of Commerce and eight other departments published an opinion on accelerating technology driven commerce, listed in this morning’s feed pool as a primary government document. The document itself could not be retrieved in this run, so no claim about its contents is made here beyond its existence and issuer.