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Ten years ago today, 52% of the British electorate voted to leave the European Union. The decade that followed delivered seven prime ministers, a permanently weakened currency, and an economy that a landmark study now estimates is between 6% and 8% smaller than it would have been had the country voted to remain. On Monday, […]
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Seven of Europe’s largest technology companies have created a permanent dialogue with European Commission President Ursula von der Leyen, pressing the bloc to deregulate faster and let European firms consolidate. The group, which calls itself the European Tech Creators, collectively generates €417 billion in annual revenue, represents nearly €1.1 trillion in market capitalisation, and employs close […]
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The European Commission is preparing preliminary findings that accuse Facebook and Instagram of exploitative design that hooks children. The Meta addictive design probe could end in a fine worth up to 6% of global sales. Brussels is about to turn up the heat on Meta. The European Commission is preparing preliminary findings that accuse Facebook […]
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EU escalates its Meta probe over addictive design for kids Read More »
Nearfield Instruments, a Rotterdam firm that inspects chips at the atomic scale, has raised $380mn at a $1.6bn valuation. It is the largest deep-tech round in Dutch history, and sovereign funds are paying close attention. Everyone knows the headline names of the AI chip boom. Nvidia designs the chips. TSMC makes them. ASML builds the […]
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Nearfield Instruments raises a record $380M chip round Read More »
Germany’s space minister has a message for Washington: the dependence runs both ways. In an interview with Politico at the VivaTech trade show in Paris this week, Dorothee Bär said Europe provides “critical key technologies” for American space missions, adding bluntly: “Without us, it cannot be done.” The claim is not bluster. NASA describes the European Service […]
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Germany tells Trump: you cannot get to the moon without us Read More »
Ireland takes over the rotating presidency of the Council of the EU on 1 July, inheriting a legislative agenda that includes proposals to curb Europe’s reliance on American tech, simplify the bloc’s digital rulebook, decide whether to ban children from social media, and overhaul telecom regulations. The country holding the presidency is supposed to act as […]
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Ireland takes the EU presidency with Big Tech paying 40 per cent of its tax bill Read More »
France has found another €13bn for its tech sector. And it barely cost the state a thing. The money comes through Tibi, a programme that nudges French insurers and pension funds to back venture and growth funds instead of safer, lower-yield assets. The finance ministry announced this third phase at VivaTech on Friday. The goal […]
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France just put another €13bn into the funding model the rest of Europe wants to copy Read More »
The typical Belgian works for about 40 years and retires with a workplace pension worth less than a second-hand car. Warren, a Ghent-based fintech, wants to fix that. The company has raised €10mn in a seed round led by Motive Ventures, the venture arm of transatlantic investor Motive Partners. F Capital joined, alongside returning backers […]
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Warren raises €10M to fix Belgium’s broken workplace pensions Read More »
Until last week, about 200 organisations could use a preview of Anthropic’s most capable model, Mythos. They got in through a programme called Glasswing, after the system flagged thousands of software vulnerabilities. Then, on the evening of 12 June, the US Commerce Department ordered Anthropic to cut off every foreign national, anywhere. The company could […]
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The AI bubble didn’t pop. It sent the bill Read More »
Europe’s retailers would like the law to make an exception for them. AI-generated advertising should be carved out of the European Union’s incoming transparency rules, a retail association has argued, according to Reuters, taking aim at provisions that would require companies to label commercial content produced by artificial intelligence before those rules begin to bite […]
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Retailers want AI-generated ads exempt from EU transparency rules Read More »