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Ericsson is leaving Kista for central Stockholm, in the largest office lease in Swedish history

The 71,000-square-metre Hagastaden campus, signed with Atrium Ljungberg and Castellum, ends more than two decades in the suburb once branded Sweden’s Silicon Valley. Ericsson is moving its global headquarters out of Kista. The Swedish telecoms-equipment maker said on Monday that, starting in 2028, it will gradually relocate its Stockholm operations, including the HQ, R&D functions, […]

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UK venture funding doubled to $10.5bn in the first four months of 2026, on the back of three giant rounds

GlobalData’s count puts the country well clear of the rest of Europe and inside the global top five, but more than 40% of the total came from just three companies: Nscale, Wayve, and Ineffable Intelligence. UK-domiciled companies raised $10.5bn of venture capital between January and April 2026, roughly double the figure for the same period […]

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UK venture funding doubled to $10.5bn in the first four months of 2026, on the back of three giant rounds Read More »

Blue Origin commits another $600m to its Florida campus

Project Horizon adds an 830,000-square-foot upper-stage factory at Cape Canaveral, weeks before SpaceX’s record IPO and a month after the April New Glenn payload mishap. Blue Origin will spend $600m on a new upper-stage manufacturing facility at its Rocket Park campus in Cape Canaveral, Florida governor Ron DeSantis announced on Friday. The building, branded Project […]

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Schneider Electric expects its India data-centre business to outgrow the rest of the company

On a base of 1.5 gigawatts of installed capacity and a national plan to reach six to eight, the French infrastructure group sees its India unit becoming its single biggest business within five years. Schneider Electric expects its India data-centre business to grow faster than the rest of the company, and faster than the core […]

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Uber goes after Delivery Hero in full, with an offer that sits below the close

The €33-per-share proposal lands at a slight discount to Friday’s price, but with Uber already sitting on a quarter of the company and DoorDash circling, the bid is the start of the negotiation, not the end of it. Delivery Hero confirmed on Saturday that Uber has tabled a formal takeover offer for the Berlin-based food-delivery […]

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Uber goes after Delivery Hero in full, with an offer that sits below the close Read More »

The ECB is convening banks to fix the cybersecurity flaws that AI models like Mythos keep finding

The European Central Bank is calling banks in for a meeting on Tuesday to address the cybersecurity risks created by a new generation of AI models that can find and exploit software vulnerabilities faster than any human team. The meeting follows months of growing anxiety across European finance about Anthropic’s Claude Mythos Preview, the frontier AI […]

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SoftBank hits a fresh record as Tokyo bets the OpenAI IPO is finally coming

The Nikkei broke 65,000 for the first time on Monday, and SoftBank, the listed proxy for both OpenAI and Arm, did much of the lifting. SoftBank Group shares hit a record high in Tokyo on Monday, carrying the Nikkei 225 above 65,000 for the first time and capping a fortnight in which the Japanese investment […]

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Huawei unveils ‘Tau Scaling Law’ as China’s workaround for US chip sanctions

He Tingbo used a Shanghai keynote to argue that cutting signal-propagation time, not shrinking transistors, is the new frontier, and that Huawei has been quietly building chips around the idea for six years. Huawei used the opening day of the IEEE International Symposium on Circuits and Systems in Shanghai on Monday to argue that the global semiconductor […]

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Wingtech sues Nexperia in Chinese court over Dutch government’s semiconductor seizure

Wingtech Technology has filed a lawsuit against its own subsidiary, Nexperia, in a Chinese court. The case, lodged at the Dongguan Intermediate People’s Court, seeks at least 8 billion yuan, roughly $1.1 billion, in damages. It is the first major legal challenge to a European government’s forced seizure of a Chinese-owned chipmaker. The dispute centres […]

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Norway’s $2.3 trillion wealth fund objects to John Elkann’s reappointment to Meta’s board

Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund, has withheld its vote on the reappointment of John Elkann to Meta’s board of directors. The fund said it believes the Stellantis chairman and Exor CEO does not have enough time to devote to the role. Norges Bank Investment Management, which manages the $2.3 […]

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