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Two European sports tech startups are heading to the US for an R...
Dutch software firm Bird is moving most of its operations out of the Netherlands and opening new global hubs as it seeks a reprieve from “overregulation” in Europe, said co-founder and CEO Robert Vis. “The AI Act, financing, compensation, taxes, employment law — starting and running a company [in Europe] is hard,” Vis told TNW, adding that there are “too many disparate markets that are...
Europe’s biggest food delivery firm Just Eat Takeaway.com is set to be acquired by tech investor Prosus for €4.1bn, in one of the biggest acquisitions in the history of Dutch tech. Prosus — the investment arm of South African tech firm Naspers — has agreed to buy Just Eat Takeaway’s shares at €20.30 each in an all-cash offer. That’s a 22% premium over the delivery app’s recent three-month high...
Elon Musk’s MAGA politics are fast becoming a mega problem for Tesla. New registrations of Tesla vehicles plummeted across Europe last month amid widespread boycotts against the EV brand. While broader economic forces are at play, Musk’s role in the Trump administration and his open support of far-right politicians appears to be fuelling his company’s precipitous fall from grace — and gifting...
Europe’s startup scene has entered troubled waters. Long overshadowed by Silicon Valley and now being chased down by China, the continent is urgently looking for boosts. Increasingly, the search is leading to ecosystems. The ecosystem model creates networks of individuals, organisations, and resources. Their shared expertise and resources can produce a multiplier effect, driving innovation and...
Shares in European aerospace and defence companies soared to record highs this week, elevating expectations for the continent’s military tech startups. Britain’s BAE Systems leapt by 9% on Monday, while Germany’s Rheinmetall jumped by 14%. Stocks in Sweden’s Saab, Italy’s Leonardo, and France’s Thales also boomed. By the day’s end, the Stoxx Europe aerospace and defence index had hit an all-time...
British startup Earthwave and a group of European scientists have used satellite data to map out glacial melt across the globe — and the results are alarming. The team discovered that the European Alps’ glaciers have shrunk the most of all — 39% in just over two decades, compared to a global average of 5%. Earthwave co-founder Livia Jakob said the project was invaluable to our understanding of...
Do you remember your first phone? The thought of mine brings a tear to my eye. It was a beautiful blue Nokia 3310 — and it was borderline indestructible. Best of all, the handset had the greatest mobile feature of all time: Snake. It also offered calls and SMS, but I had little use for those extravagances. I had a pay-as-you-go contract, and money was tight back then. I also had a home phone —...
British tech mogul Mel Morris has announced the general release of AI research engine Corpora.ai. The system provides a new approach to research. Built to generate comprehensive reports from single prompts, Corpora promises in-depth analysis and accurate outputs. Speed is another big selling point. According to Corpora, the engine can process 2 million documents per second. After receiving a...