Fancy 6 Months Free In The Italian Alps Building Startups? Check Out TechPeaks
A new kind of tech accelerator has launched in one of the more unlikely places: the Italian Alps. TechPeaks (see what they did there?) calls itself a "People Accelerator" because individuals and teams will be able to join it without an idea but a desire to build something. It will launch with €13 million in funding. It's also taking more of a partnership rather than competitive approach, working with seven Technology Universities (via the European Institute of Innovation and Technology ICT Labs) and seven other international tech accelerators, listed here. The idea is to help unite the many fragmented European tech initiatives. And oh my are they are fragmented.
Apple’s New Nano-SIM: Freeing Up Valuable Space Inside The Case
Apple managed to get a new standard for SIM cards approved by the European Telecommunications Institute (ETSI) back in June, and today we see the result of that effort. The new nano-SIM is 44 percent smaller than existing micro-SIM designs, which may not seem significant in something already so small, but which could ultimately give Apple a lot more to work with. When it comes to adding more battery or new radios to the iPhone, the key to getting it done is freeing up space taken up by other elements. The nano-SIM does just that.
IIF's Dallara says Greek euro exit may exceed $1.25 trillion
Charles Dallara, Managing Director of the Institute of International Finance (IIF) has warned that the cost of a Greek exit from the euro could exceed $1.25 trillion and that an exit would result in the European Central Bank's (ECB) insolvency.