Bitcoin-stacking firm Metaplanet has appointed US President Donald Trump’s son Eric to its newly established strategic board of advisers to further Metaplanet’s mission to become a “global leader in the Bitcoin economy.”
”His business acumen, love of the Bitcoin community and global hospitality perspective will be invaluable in accelerating Metaplanet’s vision of becoming one of the world’s leading Bitcoin Treasury Companies,” Metaplanet CEO Simon Gerovich said in a March 21 announcement on X.
”As a globally recognized business leader and entrepreneur, Eric Trump brings a wealth of experience in real estate, finance, brand development, and strategic business growth and has become a leading voice and advocate of digital asset adoption worldwide,” Metaplanet added.
The move is part of Metaplanet’s plan to establish a board of influential voices, speakers and thought leaders around the world who are committed to furthering Bitcoin adoption.
Metaplanet shares increased 17.8% to 4,730 Japanese yen ($31.74) over the first 80 minutes of the March 21 trading day on the Tokyo Stock Exchange, Google Finance data shows.
Metaplanet currently holds 3,050 Bitcoin (BTC) — worth nearly $4.1 billion — making it the 12th largest corporate Bitcoin holder, BitBo’s BitcoinTreasuries.NET data shows.
The Japan-based firm has been adopting a range of financial instruments to bolster its Bitcoin reserve since it made its first purchase on April 23, 2024.
Metaplanet is thrilled to welcome Eric Trump to our newly formed Strategic Board of Advisors. His business expertise and passion for BTC will help drive our mission forward as we continue building one of the world’s leading Bitcoin Treasury Companies.
Nvidia took San Jose by storm this year, with a record-breaking 25,000 attendees flocking to the San Jose Convention Center and surrounding downtown buildings. Many workshops, talks, and panels were so packed that people had to lean against walls or sit on the floor — and suffer the wrath of organizers shouting commands to get […]
Apple has been sued in federal court over what plaintiffs allege is false advertising of several Apple Intelligence features. Filed Wednesday in U.S. District Court in San Jose, the suit seeks class-action status and damages on behalf of those who purchased Apple Intelligence-capable iPhones and other devices. Plaintiffs claim that device owners haven’t received the […]
Apple is losing more than $1 billion per year on its streaming service, Apple TV+, according to a new report from The Information. Apple TV+ is the only service in Apple’s portfolio that isn’t profitable, the report reveals. The company has spent around $5 billion on content each year since the streaming service launched in […]
As conventional AI benchmarking techniques prove inadequate, AI builders are turning to more creative ways to assess the capabilities of generative AI models. For one group of developers, that’s Minecraft, the Microsoft-owned sandbox-building game. The website Minecraft Benchmark (or MC-Bench) was developed collaboratively to pit AI models against each other in head-to-head challenges to respond […]
Europe is on the cusp of a new dawn in commercial space technology. As global political tensions intensify and relationships with the US become increasingly strained, several European companies are now planning to conduct their own launches in an attempt to reduce the continent’s reliance on American rockets.
In the coming days, Isar Aerospace, a company based in Munich, will try to launch its Spectrum rocket from a site in the frozen reaches of Andøya island in Norway. A spaceport has been built there to support small commercial rockets, and Spectrum is the first to make an attempt.
“It’s a big milestone,” says Jonathan McDowell, an astronomer and spaceflight expert at the Harvard-Smithsonian Center for Astrophysics in Massachusetts. “It’s long past time for Europe to have a proper commercial launch industry.”
Spectrum stands 28 meters (92 feet) tall, the length of a basketball court. The rocket has two stages, or parts, the first with nine engines—powered by an unusual fuel combination of liquid oxygen and propane not seen on other rockets before, which Isar says results in higher performance—and the second with a single engine to give satellites their final kick into orbit.
The ultimate goal for Spectrum is to carry satellites weighing up to 1,000 kilograms (2,200 pounds) to low Earth orbit. On this first launch, however, there are no satellites on board, because success is anything but guaranteed. “It’s unlikely to make it to orbit,” says Malcolm Macdonald, an expert in space technology at Strathclyde University in Scotland. “The first launch of any rocket tends not to work.”
Regardless of whether it succeeds or fails, the launch attempt heralds an important moment as Europe tries to kick-start its own private rocket industry. Two other companies—Orbex of the UK and Rocket Factory Augsburg (RFA) of Germany—are expected to make launch attempts later this year. These efforts could give Europe multiple ways to reach space without having to rely on US rockets.
“Europe has to be prepared for a more uncertain future,” says Macdonald. “The uncertainty of what will happen over the next four years with the current US administration amplifies the situation for European launch companies.”
Trailing in the US’s wake
Europe has for years trailed behind the US in commercial space efforts. The successful launch of SpaceX’s first rocket, the Falcon 1, in 2008 began a period of American dominance of the global launch market. In 2024, 145 of 263 global launch attempts were made by US entities—and SpaceX accounted for 138 of those. “SpaceX is the benchmark at the moment,” says Jonas Kellner, head of marketing, communications, and political affairs at RFA. Other US companies, like Rocket Lab (which launches from both the US and New Zealand), have also become successful, while commercial rockets are ramping up in China, too.
Europe has launched its own government-funded Ariane and Vega rockets for decades from the Guiana Space Centre, a spaceport it operates in French Guiana in South America. Most recently, on March 6, the European Space Agency (ESA) launched its new heavy-lift Ariane 6 rocket from there for the first time. However, the history of rocket launches from Europe itself is much more limited. In 1997 the US defense contractor Northrop Grumman air-launched a Pegasus rocket from a plane that took off from the Canary Islands. In 2023 the US company Virgin Orbit failed to reach orbit with its LauncherOne rocket after a launch attempt from Cornwall in the UK. No vertical orbital rocket launch has ever been attempted from Western Europe.
Isar Aerospace is one of a handful of companies hoping to change that with help from agencies like ESA, which has provided funding to rocket launch companies through its Boost program since 2019. In 2024 it awarded €44.22 million ($48 million) to Isar, Orbex, RFA, and the German launch company HyImpulse. The hope is that one or more of the companies will soon begin regular launches from Europe from two potential sites: Isar’s chosen location in Andøya and the SaxaVord Spaceport on the Shetland Islands north of the UK, where RFA and Orbex plan to make their attempts.
“I expect four or five companies to get to the point of launching, and then over a period of years reliability and launch cadence [or frequency] will determine which one or two of them survives,” says McDowell.
ISAR AEROSPACE
Unique advantages
In their initial form these rockets will not rival anything on offer from SpaceX in terms of size and cadence. SpaceX sometimes launches its 70-meter (230-foot) Falcon 9 rocket multiple times per week and is developing its much larger Starship vehicle for missions to the moon and Mars. However, the smaller European rockets can allow companies in Europe to launch satellites to orbit without having to travel all the way across the Atlantic. “There is an advantage to having it closer,” says Kellner, who says it will take RFA one or two days by sea to get its rockets to SaxaVord, versus one or two weeks to travel across the Atlantic.
Launching from Europe is useful, too, for reaching specific orbits. Traditionally, a lot of satellite launches have taken place near the equator, in places such as Cape Canaveral in Florida, to get an extra boost from Earth’s rotation. Crewed spacecraft have also launched from these locations to reach space stations in equatorial orbit around Earth and the moon. From Europe, though, satellites can launch north over uninhabited stretches of water to reach polar orbit, which can allow imaging satellites to see the entirety of Earth rotate underneath them.
Increasingly, says McDowell, companies want to place satellites into sun-synchronous orbit, a type of polar orbit where a satellite orbiting Earth stays in perpetual sunlight. This is useful for solar-powered vehicles. “By far the bulk of the commercial market now is sun-synchronous polar orbit,” says McDowell. “So having a high-latitude launch site that has good transport links with customers in Europe does make a difference.”
Europe’s end goal
In the longer term, Europe’s rocket ambitions might grow to vehicles that are more of a match for the Falcon 9 through initiatives like ESA’s European Launcher Challenge, which will award contracts later this year. “We are hoping to develop [a larger vehicle] in the European Launcher Challenge,” says Kellner. Perhaps Europe might even consider launching humans into space one day on larger rockets, says Thilo Kranz, ESA’s program manager for commercial space transportation. “We are looking into this,” he says. “If a commercial operator comes forward with a smart way of approaching [crewed] access to space, that would be a favorable development for Europe.”
A separate ESA project called Themis, meanwhile, is developing technologies to reuse rockets. This was the key innovation of SpaceX’s Falcon 9, allowing the company to dramatically drive down launch costs. Some European companies, like MaiaSpace and RFA, are also investigating reusability. The latter is planning to use parachutes to bring the first stage of its rocket back to a landing in the sea, where it can be recovered.
“As soon as you get up to something like a Falcon 9 competitor, I think it’s clear now that reusability is crucial,” says McDowell. “They’re not going to be economically competitive without reusability.”
The end goal for Europe is to have a sovereign rocket industry that reduces its reliance on the US. “Where we are in the broader geopolitical situation probably makes this a bigger point than it might have been six months ago,” says Macdonald.
The continent has already shown it can diversify from the US in other ways. Europe now operates its own successful satellite-based alternative to the US Global Positioning System (GPS), called Galileo; it began launching in 2011 and is four times more accurate than its American counterpart. Isar Aerospace, and the companies that follow, might be the first sign that commercial European rockets can break from America in a similar way.
“We need to secure access to space,” says Kranz, “and the more options we have in launching into space, the higher the flexibility.”
Chatbots are quickly changing how we connect to each other and ourselves. But are these changes for the better? How should they be monitored and regulated? Hear from MIT Technology Review editor Rachel Courtland in conversation with reporter Rhiannon Williams and senior reporter Eileen Guo as they unpack the landscape around chatbots.
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology.
4 technologies that could power the future of energy
Where can you find lasers, electric guitars, and racks full of novel batteries, all in the same giant room? This week, the answer was the 2025 ARPA-E Energy Innovation Summit just outside Washington, DC.
Energy innovation can take many forms, and the variety in energy research was on display at the summit. ARPA-E, part of the US Department of Energy, provides funding for high-risk, high-reward research projects. The summit gathers projects the agency has funded, along with investors, policymakers, and journalists.
Hundreds of projects were exhibited in a massive hall during the conference, featuring demonstrations and research results. Here are four of the most interesting innovations MIT Technology Review spotted on site. Read the full story.
—Casey Crownhart
If you’re interested in hearing more about what Casey learnt from the ARPA-E Energy Innovation Summit, check out the latest edition of The Spark, our weekly climate and energy newsletter. Sign up to receive it in your inbox every Wednesday.
Join us today to chat about chatbots
Chatbots are changing how we connect to each other and ourselves. But are these changes for the better, and how should they be monitored and regulated?
To learn more, join me for a live Roundtable session today at 12pm ET. I’ll be chatting with MIT Technology Review editor Rachel Courtland and senior reporter Eileen Guo, and we’ll be unpacking the landscape around chatbots. Register to ensure you don’t miss out!
The must-reads
I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology.
1 A French scientist was denied US entry over anti-Donald Trump messages US authorities claimed the exchanges criticising the Trump administration’s research policy qualified as terrorism. (Le Monde) + France’s research minister is a high-profile critic of Trump policy. (The Guardian) + Customs and Border Protection is cracking down at airports across the US. (The Verge)
2 RFK Jr wants to let bird flu spread through poultry farms Experts warn that this approach isn’t just dangerous—it won’t work. (Scientific American $) + A bird flu outbreak has been confirmed in Scotland. (BBC) + How the US is preparing for a potential bird flu pandemic. (MIT Technology Review)
3 Clearview AI tried to buy millions of mugshots for its databases But negotiations between the facial recognition company and an intelligence firm broke down. (404 Media)
4 Top US graduates are desperate to work for Chinese AI startups DeepSeek’s success has sparked major interest in firms outside America. (Bloomberg $) + Four Chinese AI startups to watch beyond DeepSeek. (MIT Technology Review)
5 Reddit has become a lifeline for US federal workers Unpaid moderators are working around the clock to help answer urgent questions. (NYT $) + The only two democrats on the board of the FTC have been fired. (Vox) + Elon Musk, DOGE, and the Evil Housekeeper Problem. (MIT Technology Review)
6 The European Commission is targeting Apple and Google It’s proceeding with regulatory action, despite the risk of retaliation from Trump. (FT $) + It has accused Alphabet of favoring its own services in search results. (The Information $) + Meta’s AI chatbot is finally launching in Europe after all. (The Verge)
7 AI agents could spell bad news for shopping apps DoorDash and Uber could suffer if humans outsource their ordering to bots. (The Information $) + Dunzo was a major delivery success story in India. So what happened? (Rest of World) + Your most important customer may be AI. (MIT Technology Review)
8 This startup is making concrete using CO2 It combines the gas with a byproduct from coal power plants to make lower carbon concrete. (Fast Company $) + How electricity could help tackle a surprising climate villain. (MIT Technology Review)
9 This robot dog has a functional digital nervous system And will be taught to walk by a real human dog trainer, not an algorithm. (Reuters)
10 Dark matter could be getting weaker If it’s true, it holds major implications for our understanding of the universe. (Quanta Magazine) + Are we alone in the universe? (MIT Technology Review)
Quote of the day
“The corrupting influence of billionaires in law enforcement is an issue that affects all of us.”
—Alvaro Bedoya, a former commissioner at the Federal Trade Commission, speaks out after being fired by Donald Trump, the Verge reports.
The big story
The arrhythmia of our current age
October 2025
Arrhythmia means the heart beats, but not in proper time—a critical rhythm of life suddenly going rogue and unpredictable. It’s frightening to experience, but what if it’s also a good metaphor for our current times? That a pulse once seemingly so steady is now less sure.
Perhaps this wobbliness might be extrapolated into a broader sense of life in the 2020s.
Maybe you feel it, too—that the world seems to have skipped more than a beat or two as demagogues rant and democracy shudders, hurricanes rage, and glaciers dissolve. We can’t stop watching tiny screens where influencers pitch products we don’t need alongside news about senseless wars that destroy, murder, and maim tens-of-thousands.
All the resulting anxiety has been hard on our hearts—literally and metaphorically. Read the full story.
—David Ewing Duncan
We can still have nice things
A place for comfort, fun and distraction to brighten up your day. (Got any ideas? Drop me a line or skeet ’em at me.)
+ Now that David Lynch is no longer with us, who is the flagbearer for transcendental meditation?+ Who doesn’t love a little mindless comedy—especially when Leslie Nielsen is involved. + China’s pets are seriously pampered ($) + The world’s oldest known cerapodan dinosaur, which were massive herbivores, has been discovered in Morocco.
At a conference dedicated to energy technology that I attended this week, I noticed an outward attitude of optimism and excitement. But it’s hard to miss the current of uncertainty just underneath.
The ARPA-E Energy Innovation Summit, held this year just outside Washington, DC, gathers some of the most cutting-edge innovators working on everything from next-generation batteries to plants that can mine for metals. Researchers whose projects have received funding from ARPA-E—part of the US Department of Energy that gives money to high-risk research in energy—gather to show their results and mingle with each other, investors, and nosy journalists like yours truly. (For more on a few of the coolest things I saw, check out this story.)
This year, though, there was an elephant in the room, and it’s the current state of the US federal government. Or maybe it’s climate change? In any case, the vibes were weird.
The last time I was at this conference, two years ago, climate change was a constant refrain on stage and in conversations. The central question was undoubtedly: How do we decarbonize, generate energy, and run our lives without relying on polluting fossil fuels?
This time around, I didn’t hear the phrase “climate change” once during the opening session, which included speeches from US Secretary of Energy Chris Wright and acting ARPA-E director Daniel Cunningham. The focus was on American energy dominance—on how we can get our hands on more, more, more energy to meet growing demand.
I was anticipating similar talking points at the summit, but this week, climate change hardly got a mention.
What I noticed in Wright’s speech and in the choice of programming throughout the conference is that some technologies appear to be among the favored, and others are decidedly less prominent. Nuclear power and fusion were definitely on the “in” list. There was a nuclear panel in the opening session, and in his remarks Wright called out companies like Commonwealth Fusion Systems and Zap Energy. He also praised small modular reactors.
Renewables, including wind and solar, were mentioned only in the context of their inconsistency—Wright dwelled on that, rather than on other facts I’d argue are just as important, like that they are among the cheapest methods of generating electricity today.
In any case, Wright seemed appropriately hyped about energy, given his role in the administration. “Call me biased, but I think there’s no more impactful place to work in than energy,” he said during his opening remarks on the first morning of the summit. He sang the praises of energy innovation, calling it a tool to drive progress, and outlined his long career in the field.
This all comes after a chaotic couple of months for the federal government that are undoubtedly affecting the industry. Mass layoffs have hit federal agencies, including the Department of Energy. President Donald Trump very quickly tried to freeze spending from the Inflation Reduction Act, which includes tax credits and other support for EVs and power plants.
As I walked around the showcase and chatted with experts over coffee, I heard a range of reactions to the opening session and feelings about this moment for the energy sector.
People working in industries the Trump administration seems to favor, like nuclear energy, tended to be more positive. Some in academia who rely on federal grants to fund their work were particularly nervous about what comes next. One researcher refused to talk to me when I said I was a journalist. In response to my questions about why they weren’t able to discuss the technology on display at their booth, another member on the same project said only that it’s a wild time.
Making progress on energy technology doesn’t require that we all agree on exactly why we’re doing it. But in a moment when we need all the low-carbon technologies we can get to address climate change—a problem scientists overwhelmingly agree is a threat to our planet—I find it frustrating that politics can create such a chilling effect in some sectors.
At the conference, I listened to smart researchers talk about their work. I saw fascinating products and demonstrations, and I’m still optimistic about where energy can go. But I also worry that uncertainty about the future of research and government support for emerging technologies will leave some valuable innovations in the dust.
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here.