American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
Retailers are selling more flowers, fruit and other produce than ever before. Now, a start-up called Iunu is helping greenhouse growers fulfill that demand by using computer vision, the same technology found in self-driving cars or used in facial recognition.
Seattle-based Iunu has been quietly operating in the agriculture industry since it was founded in 2013 and has 25 full-time employees
On Tuesday, the start-up made its first product, Luna, widely available, according to CEO Adam Greenberg. An SEC filing published Tuesday revealed the company has raised $6.1 million in a first round of venture funding from a bunch of investors, including Liquid 2 Ventures, a fund started by NFL athlete Joe Montana.
The Luna system includes internet-connected cameras and sensors that are mounted to tracks and travel like model trains throughout giant greenhouses. These systems keep a watch on plants, collecting and analyzing millions of data points and notifying farmers wherever a potential problem is indicated.
Indicators could be subtle changes in a plant's color or growth rate that correlate with the presence of a pest or emergence of a disease, or visual indicators that plants are getting the wrong amounts of water or sunlight
Greenberg, a former Amazon financial analyst, said he was motivated to start Iunu in part by his father, a botanist and entrepreneur who worked with orchids for most of his life.
Unlike indoor "vertical farms," commercial greenhouses take advantage of natural sunlight and can contains hundreds of species of plants in each facility, not just a few types of leafy greens. The largest greenhouses contain millions of square feet of plants, especially flowers, succulents, leafy greens, cucumbers and tomatoes.
Getting to know growers through the years, Greenberg recognized that the success of a given greenhouse relied heavily on visual observations made by farmers. Yet, he also realized, talent wasn't flocking to the farming industry anymore. There's actually a major hiring shortage in agriculture these days. But food and plant demand is growing, not waning.
So Greenberg and Iunu execs including CTO Matt King (formerly a consultant to Boeing and Intel) set out to design systems that could automate some of the visual tasks that farmers do, letting them spend less time looking for problems and more time solving them.
Greenberg said, "This kind of technology can make greenhouses as data-driven and efficient as factories." His long-term goal is to empower growers to produce just the amount of food and flowers that retailers order up, and never waste a single plant.