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Running Tide, an aquaculture company based in Portland, Maine, has said it expected to set tens of thousands of tiny floating kelp farms adrift in the North Atlantic between this summer and next. The hope is that the fast-growing macroalgae will eventually sink to the ocean floor, storing away thousands of tons of carbon dioxide in the process.
The company has raised millions in venture funding and gained widespread media attention, and it counts big names like the Chan Zuckerberg Initiative among its customers. But Running Tide struggled to grow kelp along rope lines in the open ocean during initial attempts last year and has lost a string of scientists in recent months, sources with knowledge of the matter tell MIT Technology Review.
At least several of the departures were due, in part, to concerns that the company’s executives weren’t paying sufficient attention to the potential ecological effects of its plans. Some employees were also disturbed that Running Tide was discussing more controversial practices, including adding nutrients to the ocean to stimulate macroalgae growth. Read the full story.
—James Temple
The must-reads
I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology.
1 A US defense company is considering buying Pegasus spyware
Potentially putting a spy tool so powerful it’s considered a weapon in US hands. (FT $)
+ NSO was about to sell hacking tools to France. Now it’s in crisis. (MIT Technology Review)
2 Cars running autopilot systems have crashed hundreds of times
Raising serious questions over the safety of such systems, and our reliance on them. (WP $)
+ The big new idea for making self-driving cars that can go anywhere. (MIT Technology Review)
+ Elon Musk thinks Tesla would be worth “basically zero” without its self-driving tech. (Insider)
3 Inside crypto’s ugly culture war
Employees claim that the boss of major crypto exchange Kraken fostered a poisonous work atmosphere. (NYT $)
+ The future of lending platform Celsius isn’t looking bright. (Bloomberg $)
+ Crypto is weathering a bitter storm. Some still hold on for dear life. (MIT Technology Review)
4 Rural America’s long wait for fast internet shows no sign of abating
Despite the government sinking billions of dollars into upgrades. (WSJ $)
5 China’s radio telescope captured a mysterious signal
Which, while fascinating, is unlikely to be aliens. (The Conversation)
+ Here’s how factories in space could work. (Quartz)
6 Ukraine’s internet is being rerouted to Russia
Thus subjecting its traffic to the country’s censorial regime. (Wired $)
+ The US wants to know how its electronics ended up in Russian military gear. (WP $)
7 The internet birthed a new way of working for the middle classes
However, making big bucks is still the preserve of precious few. (New Yorker $)
+ Why TikTok is undoing all MTV’s hard work. (The Atlantic $)
8 How eBay shaped the modern internet
And became one of our very first platforms in the process. (The Guardian)
9 Why your baby’s name isn’t as unique as you think it is
We’re all more influenced by our cultural surroundings than we realize. (Motherboard)
10 The memefication of Catholicism is in full swing
That doesn’t mean more people are attending church, though. (Vox)
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