Bridgelux raises $25M to replace your old lightbulbs with LEDs

Bridgelux raises $25M to replace your old lightbulbs with LEDs

Bridgelux, a company that produces low-cost LED light bulbs, announced today it has raised $25 million in funding from Chinese lighting company Kaistar Lighting.

“We want people to think about lightbulbs and the innovation behind them, we want you to throw away lightbulbs because ours are better and more energy-efficient,” Bill Watkins, Bridgelux chief executive and former Seagate CEO, told VentureBeat.

The company produces solid-state lighting, or light bulbs made of light emitting diodes (LEDs) … Continue Reading

Apple audits unveil child labor, slave labor and more at supplier plants

Apple audits unveil child labor, slave labor and more at supplier plants

Apple has released a list of hardware component suppliers (and many of their human rights and environmental violations) as part of its 2012 Supplier Responsibility Progress Report.

This list, the company says, accounts for more than 97 percent of Apple’s procurement expenditures for materials, manufacturing, and assembly of iPads, iPhones, iPods, MacBooks and various other personal computing products worldwide.

In this year’s report, Apple says it conducted more audits of manufacturers than ever — 229 … Continue Reading

Angelides forms venture firm to invest in real estate and environment

Apple audits unveil child labor, slave labor and more at supplier plants

Apple has released a list of hardware component suppliers (and many of their human rights and environmental violations) as part of its 2012 Supplier Responsibility Progress Report.

This list, the company says, accounts for more than 97 percent of Apple’s procurement expenditures for materials, manufacturing, and assembly of iPads, iPhones, iPods, MacBooks and various other personal computing products worldwide.

In this year’s report, Apple says it conducted more audits of manufacturers than ever — 229 … Continue Reading