Technology

Palm oil is in almost everything, and it’s devastating rainforests. This Bill Gates-backed company used microbes to create an alternative

Published

2 years ago

November 3, 2022

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Shara Ticku and David Heller, co-founders of C16 Biosciences.

Photo courtesy C16 Biosciences.

In July 2013, Shara Ticku traveled to Singapore on a work trip for Goldman Sachs. The investment bank made her bring N95 masks to protect her from the terrible air quality at the time.

“I land in Singapore, and the air quality index is over 400. Air quality index: anything over 300 is considered super toxic. In New York right now, it’s probably in the 20s, and that’s for a big city,” Ticku told CNBC in a video interview on Tuesday. “They closed schools, they told pregnant women they can’t walk outside. It was crazy. And I had no clue what was going on.”

Ticku asked her local colleagues who informed her that neighboring countries Indonesia and Malaysia were burning rain forests to make palm oil. “By the way, we deal with this every year,” they told her.

That was the first time Ticku ever heard about palm oil but the experience would stick with her.

Ticku went on to work for in health issues, first at the Clinton Health Access Initiative, then at the fertility benefits management company Progyny, and then at the United Nations as the Secretary General’s Special Envoy for Health and Malaria.

Shara Ticku, co-founder and CEO of C16 Biosciences, holding their palm oil alternative, Palmless.

Photo courtesy C16 Biosciences.

She also went back to school and got her MBA at Harvard, where she met Harry McNamara, who was then getting his PhD in physics at Harvard and his PhD in health sciences and technology at Massachusetts Institute of Technology, and David Heller, who was studying biological sciences at the Massachusetts Institute of Technology. The three came together in a interdisciplinary class at the MIT Media Lab whose goal was for students to use their knowledge base to collaborate and solve a global challenge.

McNamara shared his experience of visiting Costa Rica with some friends to see the rainforest and seeing rows of systematically planted oil palms. When McNamara told Ticku and Heller about his experience, Ticku had a distinct feeling of déjà vu.

These experiences became the catalyst for the company that is now C16 Biosciences, which has raised $24 million from investors including Breakthrough Energy Ventures, the climate tech investing firm funded by Bill Gates.

On Thursday, C16 Biosciences is announcing the launch of Palmless, a palm oil alternative it’s invented and been able to produce at scale.

C16 Biosciences, named after the 16-carbon fatty acid that is of the primary components of palm oil and its microbial alternative, has produced 50,000 liters of its commercial-grade product. The company says it will begin appearing in beauty products next year, but declined to identify any of its customers.

What is palm oil and why is it a climate hazard?

Part of what makes palm oil so dangerous is its ubiquity: It’s found in more than half of the packaged products Americans use, including ice cream, lipstick, soaps and detergents, according to the World Wildlife Fund. It makes up 40 percent of traded vegetable oils, according to a paper published in CABI Agriculture and Bioscience, and the industry produces 81 million tonnes per year — almost as much as the next two largest vegetable oil crops, soybean and rapeseed, combined.

Palm oil grows best in the regions right around the equator, so palm oil producers chop down rainforest and clear that felled vegetation by burning it, making it a prime target of conservation organizations like the Rainforest Rescue and the World Wildlife Fund.

Palm oil trees grow at the Cikasungka palm oil plantation, operated by PT Perkebunan Nusantara VIII, in Bogor Regency in West Java, Indonesia, on Monday, June 20, 2022. Indonesia has slashed the maximum crude palm oil export levy by nearly half in another step to speed up shipments after lifting a temporary export ban on the commodity last month.

Bloomberg | Bloomberg | Getty Images

“It’s truly slashing and burning: Burn the trees, cut down the trees, and then they burn the peatlands that the trees sit on top of, which makes it a double whammy for carbon dioxide emissions because the trees hold carbon and the peatlands hold carbon,” Ticku said. Peatlands are marshy, boggy, wet land which are known to be tremendous carbon sinks.

Burning the forests also releases greenhouse gases, as does creating the fertilizer used by these plantations.

Palm oil plantations also affect biodiversity. The rainforest that gets cleared to make palm oil is home to endangered species including rhinos, elephants and tigers, according to the WWF. Clearcutting land in Borneo and Sumatra for palm oil agriculture is the greatest threat to orangutans, according to the Orangutan Foundation International.

A Forest was recently cleared up to plant oil palm trees in Rawa Singkil WIldlife reserve, on June 15, 2017 in Aceh, Indonesia. Global Forest Watch released the latest data showing that tree cover loss in Indonesia remains high and the acceleration can be largely attributed to massive expansion of oil palm plantations. Nearly half of the tree cover loss occurred in the Kalimantan region, where palm oil plantations have grown enormously since 2005 while in Sumatra, tree cover loss slowedbut only because the region no longer has accessible primary forest to cut.

Future Publishing | Future Publishing | Getty Images

“The thing about deforestation is nobody wants you to know that they’re doing it. People really try to hide it,” Ticku told CNBC. That makes it hard to track greenhouse gasses associated with palm oil production.

A 2018 analysis from the International Council on Clean Transportation estimated that land use changes in Indonesia and Malaysia emitted approximately 500 million tonnes of carbon dioxide equivalent each year. At the time, that was 1.4 percent of global net CO2 equivalent emission, which was almost as much as the aviation sector and more than the state of California emitted, the ICCT said.

Nonetheless, the industry continues to grow. The global palm oil market was valued at $63.7 billion in 2021 is expected to continue to grow to reach $98.9 billion in 2030, according to a report published in May from Grand View Research, a global market research firm.

That’s because palm oil is relatively inexpensive and “so damn good at what it does,” Ticku said. “Palm oil is used in most candies that have a chocolate coating, and it is truly the thing that is responsible for making chocolate melt in your mouth and not in your hand, because it’s got a melting profile that melts at body temp and not at room temperature.”

Environmental activists at ‘The Human Orangutan Conflict Response Unit – Orangutan Information Center’ (HOCRU – OIC) saves the Sumatran orangutan trapped in oil palm plantations on June 10, 2017 in North Sumatra, Indonesia, It is illegal to capture, kill, or keep orangutans as pets in Indonesia, prosecutions are rare and orangutan often meet this fate. Adult orangutan with her son is one of the ‘lucky’ that was saved by The Human Orangutan Conflict Response Unit – Orangutan Information Center (HOCRU – OIC) and taken to the forest Gunung Leuser National Park after being stuck on palm oil plantations. Sumatran orangutans (Pongo abelii) are a distinct species and listed as Endangered by the World Conservation Union (IUCN) on their Red List of Threatened Species. The Sumatran orangutan is considered the more immediately in danger of extinction, with only around 6,600 or so left in the wild today, and is therefore classified as Critically Endangered. The species is also listed on Appendix 1 of the Convention on International Trade in Endangered Species (CITES), under which animals smuggled out of their natural range country and confiscated should whenever possible be repatriated and returned to the wild.

Future Publishing | Future Publishing | Getty Images

Using yeast to solve the problem

When the C16 team was getting started in 2017, the idea of using biotechnology to make consumer products was relatively new, but Impossible Foods had just released its burger, which uses fermentation of yeast to make heme, the protein that makes a product taste meat-like.

“People began to really think long and hard about what what does it mean to consume and use products that were developed with biotechnology,” Heller told CNBC in an interview at C16 Biosciences’ company headquarters in Manhattan on Tuesday.

Investors are betting that customers are ready for those alternatives. “Consumers are increasingly more aware of the climate problem, which includes the deforestation involved in palm oil production, and are looking for ways they can contribute with their purchasing power,” Carmichael Roberts, one half of the investing committee for Gates’ climate investing firm, told CNBC.

To make its palm oil alternative, C16 Biosciences uses a wild type yeast microbe that makes a functional equivalent to palm oil with a kind of fermentation process. And fermentation — which is what has been used to make wine, beer and cheese for ages — is a “really, really robust, scalable process,” Heller said.

The firm was able to move so fast in part because microbes speed up research and development.

“We can design an experiment and start it and get a learning about whether that helped us produce better and more oil within about seven days,” Heller said. “It takes about one week from end to end.” By comparison, trying a new seed at a palm oil plantation takes more like seven years.

The C16 Biosciences labratory in Manhattan.

Photo courtesy: Cat Clifford, CNBC

Chemically, the palm oil that C16 Biosciences makes is not identical to the palm oil that is grown in industrial agriculture farms. However, “it contains the same fatty acids, which are the molecular fingerprints of fats and oils, that palm oil does,” Heller told CNBC. “And that’s a really important characteristic that allows our oil to function in the same kind of end products in the food and beauty and personal care space as palm oil does.”

While C16 Biosciences is launching in 2023 with beauty products, it’s not yet applied for approval from the United States Food and Drug Administration to be included in food products.

Right now, C16, with 35 employees and $24 million in total venture capital, is laser-focused on scaling up its palm oil alternative and simultaneously bringing the price down.

“But what we are building is a platform technology that can produce all different kinds of microbial oils,” Heller told CNBC. “So it’s definitely possible that we’re able to make other kinds of vegetable oil replacements in the future.”

What the fertilizer crisis means for food prices

Technology

Why it’s time to take warnings about using public Wi-Fi, in places like airports, seriously

Published

11 hours ago

September 29, 2024

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Why it's time to take warnings about using public Wi-Fi, in places like airports, seriously

Over the years, travelers have repeatedly been warned to avoid public Wi-Fi in places like airports and coffee shops. Airport Wi-Fi, in particular, is known to be a hacker honeypot, due to what is typically relatively lax security. But even though many people know they should stay away from free Wi-Fi, it proves as irresistible to travelers as it is to hackers, who are now updating an old cybercrime tactic to take advantage.

An arrest in Australia over the summer set off alarm bells in the United States that cybercriminals are finding new ways to profit from what are called “evil twin” attacks. Also classified within a type of cybercrime called “Man in the Middle” attacks, evil twinning occurs when a hacker or hacking group sets up a fake Wi-Fi network, most often in public settings where many users can be expected to connect.

In this instance, an Australian man was charged with conducting a Wi-Fi attack on domestic flights and airports in Perth, Melbourne, and Adelaide. He allegedly set up a fake Wi-Fi network to steal email or social media credentials.

“As the general population becomes more accustomed to free Wi-Fi everywhere, you can expect evil twinning attacks to become more common,” said Matt Radolec, vice president of incident response and cloud operations at data security firm Varonis, adding that no one reads the terms and conditions or checks the URLs on free Wi-Fi.

“It’s almost a game to see how fast you can click “accept” and then ‘sign in’ or ‘connect.’ This is the ploy, especially when visiting a new location; a user might not even know what a legitimate site should look like when presented with a fake site,” Radolec said.

Today’s ‘evil twins’ can more easily hide

One of the dangers of today’s twinning attacks is that the technology is much easier to disguise. An evil twin can be a tiny device and can be tucked behind a display in a coffee shop, and the small device can have a significant impact.

“A device like this can serve up a compelling copy of a valid login page, which could invite unwary device users to enter their username and password, which would then be collected for future exploitation,” said Cincinnati-based IT consultant Brian Alcorn.

The site doesn’t even have to actually log you in. “Once you’ve entered your information, the deed is done,” Alcorn said, adding that a harried, weary traveler probably would just think the airport Wi-Fi is having issues and not give it another thought.

People who are not careful with passwords, such as use of pet’s names or favorite sports teams as their password for everything, are even more vulnerable to an evil twin attack. Alcorn says for individuals who reuse username and password combinations online, once the credentials are obtained they can be fed into AI, where its power can quickly give cybercriminals the key.

“You are susceptible to exploitation by someone with less than $500 in equipment and less skill than you might imagine,” Alcorn said. “The attacker just has to be motivated with basic IT skills.”

How to avoid becoming a victim of this cybercrime

When in public places, experts say it’s best to use alternatives to public WiFi networks.

“My favorite way to avoid evil twin attacks is to use your phone’s mobile hotspot if possible,” said Brian Callahan, Director of the Rensselaer Cybersecurity Collaboratory at Rensselaer Polytechnic Institute.

Users would be able to spot an attack if through a phone relying on its mobile data and sharing it via a mobile hotspot.

“You will know the name of that network since you made it, and you can put a strong password that only you know on it to connect,” Callahan said.

If a hotspot isn’t an option, a VPN can also provide some protection, Callahan said, as traffic should be encrypted to and from the VPN.

“So even if someone else can see the data, they can’t do anything about it,” he said.

Airport, airline internet security issues

At many airports, the responsibility for WiFi is outsourced and the airport itself has little if any involvement in safeguarding it. At Dallas Fort Worth International Airport, for example, Boingo is the Wi-Fi provider.

“The airport’s IT team does not have access to their systems, nor can we see usage and dashboards,” For said an airport spokesman. “The network is isolated from DAL’s systems as it is a separate standalone system with no direct connection to any of the City of Dallas’ networks or systems internally.”

A spokeswoman for Boingo, which provides service to approximately 60 airports in North America, said it can identify rogue Wi-Fi access points through its network management. “The best way passengers can be protected is by using Passpoint, which uses encryption to automatically connect users to authenticated Wi-Fi for a safe online experience,” she said, adding that Boingo has offered Passpoint since 2012 to enhance Wi-Fi security and eliminate the risk of connecting to malicious hotspots.

Alcorn says evil twin attacks are “definitely” occurring with regularity in the United States, it’s just rare for someone to get caught because they are such stealth attacks. And sometimes hackers use these attacks as a learning model. “Many evil twin attacks may be experimental by individuals with novice-to-intermediate skills just to see if they can do it and get away with it, even if they don’t use the collected information right away,” he said.

The surprise in Australia wasn’t the evil twinning attack itself, but the arrest.

“This incident isn’t unique, but it is unusual that the suspect was arrested,” said Aaron Walton, threat analyst at Expel, a managed services security company. “Generally, airlines are not equipped and prepared to handle or mediate hacking accusations. The typical lack of arrests and punitive action should motivate travelers to exercise caution with their own data, knowing what a tempting and usually unguarded -target it is — especially at the airport.”

In the Australian case, according to Australian Federal Police, dozens of people had their credentials stolen.

According to a press release from the AFP, “When people tried to connect their devices to the free WiFi networks, they were taken to a fake webpage requiring them to sign in using their email or social media logins. Those details were then allegedly saved to the man’s devices.”

Once those credentials were harvested, they could be used to extract more information from the victims, including bank account information.

For hackers to be successful, they don’t have to dupe everyone. If they can persuade only a handful of people – statistically easy to do when thousands of harried and hurried people are milling around an airport – they will succeed.

“We expect WI-Fi to be everywhere. When you go to a hotel, or an airport, or a coffee shop, or even just out and about, we expect there to be Wi-Fi and often freely available WI-FI,” Callahan said. “After all, what’s yet another network name in the long list when you’re at an airport? An attacker doesn’t need everyone to connect to their evil twin, only some people who go on to put credentials into websites that can be stolen.”

The next time you’re at the airport, the only way to be 100% sure you’re safe is to bring your own Wi-Fi.

Technology

Inside one of the first all-female hacker houses in San Francisco

Published

2 days ago

September 28, 2024

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Inside one of the first all-female hacker houses in San Francisco

For Molly Cantillon, living in a hacker house wasn’t just a dream, but a necessity.

“I had lived in a few hacker houses before and wanted to replicate that energy,” said Cantillon, 20, co-founder of HackHer House and founder of the startup NOX. “A place where really energetic, hardcore people came together to solve problems. But every house I lived in was mostly male. It was obvious to me that I wanted to do the inverse and build an all-female hacker house that created the same dynamic but with women.”

Cantillon, who has lived in several hacker houses over the years, saw a need for a space dedicated exclusively to women. That’s why she co-founded HackHer House, the first all-female hacker house in the San Francisco Bay Area.

“A hacker house is a shared living space where builders and innovators come together to work on their own projects while collaborating with others,” said Jennifer Li, General Partner at Andreessen Horowitz and sponsor of the HackHer House. “It’s a community that thrives on creativity and resource sharing, making it a cost-effective solution for those in high-rent areas like Silicon Valley, where talented founders and engineers can easily connect and support each other.”

Founded by Cantillon, Zoya Garg, Anna Monaco and Anne Brandes, this house was designed to empower women in a tech world traditionally dominated by men.

“We’re trying to break stereotypes here,” said Garg, 21, a rising senior at Stanford University. “This house isn’t just about living together; it’s about creating a community where women can thrive in tech.”

Located in North Beach, HackHer House was home this summer to seven women, all of whom share the goal of launching successful ventures in tech.

Venture capital played a key role in making HackHer House possible. With financial backing, the house offered subsidized rent, allowing the women to focus on their projects instead of struggling with the Bay Area’s notoriously high living costs.

“New grad students face daunting living expenses, with campus costs reaching the high hundreds to over a thousand dollars a month,” said Li. “In the Bay Area, finding a comfortable room typically starts at $2,000, and while prices may have eased slightly, they remain significantly higher than the rest of the U.S. This reality forces many, including founders, to share rooms or crash on friends’ couches just to make ends meet.”

Hacker houses aren’t new to the Bay Area or cities like New York and London. These live-in incubators serve as homes and workspaces, offering a collaborative environment where tech founders and innovators can share ideas and resources. In a city renowned for tech advancements, hacker houses are viewed as critical for driving the next wave of innovation. By providing affordable housing and a vibrant community, these spaces enable entrepreneurs to thrive in an otherwise cutthroat and expensive market.

Watch this video to see how Hacker House is shaping the future of women in tech.

Technology

Elon Musk’s X will be allowed back online in Brazil after paying one more fine

Published

2 days ago

September 28, 2024

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Elon Musk's X will be allowed back online in Brazil after paying one more fine

The Federal Supreme Court (STF) in Brazil suspends Elon Musk’s social network after it fails to comply with orders from Minister Alexandre de Moraes to block accounts of those being investigated by the Brazilian justice system.

Cris Faga | Nurphoto | Getty Images

X has to pay one last fine before the social network owned by Elon Musk is allowed back online in Brazil, according to a decision out Friday from the country’s top justice, Alexandre de Moraes.

The platform was suspended nationwide at the end of August, a decision upheld by a panel of judges on Sept. 2. Earlier this month, X filed paperwork informing Brazil’s supreme court that it is now in compliance with orders, which it previously defied.

As Brazil’s G1 Globo reported, X must now pay a new fine of 10 million reals (about $2 million) for two additional days of non-compliance with the court’s orders. X’s legal representative in Brazil, Rachel de Oliveira, is also required to pay a fine of 300,000 reals.

The case dates back to April, when de Moraes, the minister of Brazil’s supreme court, known as Supremo Tribunal Federal (STF), initiated a probe into Musk and X over alleged obstruction of justice.

Musk had vowed to defy the court’s orders to take down certain accounts in Brazil. He called the court’s actions “censorship,” and railed online against de Moraes, describing the judge as a “criminal” and encouraging the U.S. to end foreign aid to Brazil.

In mid-August, Musk closed down X offices in Brazil. That left his company without a legal representative in the country, a federal requirement for all tech platforms to do business there.

By Aug. 28, de Moraes’ court threatened a ban and fines if X didn’t appoint a legal representative within 24 hours, and if it didn’t comply with takedown requests for accounts the court said had engaged in plots to dox or harm federal agents, among other things.

Earlier this month, the STF froze the business assets of Musk companies, including both X and satellite internet business Starlink, operating in Brazil. The STF said in court filings that it viewed Starlink parent SpaceX and X as companies that worked together as related parties.

Musk wrote in a post on X at that time that, “Unless the Brazilian government returns the illegally seized property of and SpaceX, we will seek reciprocal seizure of government assets too.”

On August 29, 2024, in Brazil, the Minister of the Supreme Court, STF Minister Alexandre de Moraes, orders the blocking of the accounts of another company, Starlink, of Elon Musk, to guarantee the payment of fines imposed by the STF due to the lack of representatives of X in Brazil.

Ton Molina | Nurphoto | Getty Images

As head of the STF, de Moraes has long supported federal regulations to rein in hate speech and misinformation online. His views have garnered pushback from tech companies and far-right officials in the country, along with former President Jair Bolsonaro and his supporters.

Bolsonaro is under investigation, suspected of orchestrating a coup in Brazil after losing the 2022 presidential election to current President Luiz Inacio Lula da Silva.

While Musk has called for retribution against de Moraes and Lula, he has worked with and praised Bolsonaro for years. The former president of Brazil authorized SpaceX to deliver satellite internet services commercially in Brazil in 2022.

Musk bills himself as a free speech defender, but his track record suggests otherwise. Under his management, X removed content critical of ruling parties in Turkey and India at the government’s insistence. X agreed to more than 80% of government take-down requests in 2023 over a comparable period the prior year, according to analysis by the tech news site Rest of World.

X faces increased competition in Brazil from social apps like Meta-owned Threads, and Bluesky, which have attracted users during its suspension.

Starlink also faces competition in Brazil from eSpace, a French-American firm that gained permission this year from the National Telecommunications Agency (Anatel) to deliver satellite internet services in the country.

Lukas Darien, an attorney and law professor at Brazil’s Facex University Center, told CNBC that the STF’s enforcement actions against X are likely to change the way large technology companies will view the court.

“There is no change to the law here,” Darien wrote in a message. “But specifically, big tech companies are now aware that the laws will be applied regardless of the size of a business and the magnitude of its reach in the country.”

Musk and representatives for X didn’t immediately respond to a request for comment on Friday.

Late Thursday, X Global Government Affairs posted the following statement:

“X is committed to protecting free speech within the boundaries of the law and we recognize and respect the sovereignty of the countries in which we operate. We believe that the people of Brazil having access to X is essential for a thriving democracy, and we will continue to defend freedom of expression and due process of law through legal processes.”

WATCH: X is a financial ‘disaster’