2025-06-02
European software sector at critical ‘inflection point,’ warns McKinsey
Europe has a unique chance to lead in software — but only if it improves its ability to turn startups into profitable businesses. That’s the conclusion of a new report from McKinsey and Boardwave, which warns that unless the region tackles structural barriers, its startups will continue to lag behind global rivals. The report, Europe’s Moonshot Moment, found that the continent has over 280 software companies generating more than €100 million in annual recurring revenue (ARR). These scaleups include the likes of Spotify, Revolut, Adyen, and Vin [...]
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2025-07-23
AWS shuts its Shanghai AI lab as McKinsey bans generative AI projects for clients in China
Amazon has closed its artificial intelligence research center in Shanghai, citing growing political pressure from the US.<br /> The article AWS shuts its Shanghai AI lab as McKinsey bans generat [...]
2025-03-14
Huawei allegedly 'benefited' from European Parliament bribery scheme
Several people have been arrested as part of a corruption investigation linked to the European Parliament and Huawei. The company is suspected of bribing European Union officials, according to the Ass [...]
2025-05-02
TikTok fined $602 million for illegally sending European user data to China
The Irish Data Protection Commission (DPC) has fined TikTok owner ByteDance €530 million ($602 million) for breaching the European Union's privacy laws. The regulator said TikTok sent European [...]
2025-09-03
European court rules in favor of the latest US and EU data transfer framework
Europe’s second-highest court has dismissed a challenge against a data transfer pact between the European Union and the US. "On the date of adoption of the contested decision, the United States [...]
2025-08-07
Stem cell startup proclaims ‘inflection point’ for medicine as mass production nears
It’s harvest day at the Karolinska Institute in Stockholm. As sunshine bathes the leafy university campus, scientists inside the labs work under cool fluorescent light. Clad in green protective gear [...]
2025-05-06
US think tank warns of "reverse brain drain" in China's AI sector
A new report highlights how Chinese AI startup DeepSeek is outperforming Western benchmarks with a research team that is almost entirely China-based—and what that means for the US’s position in gl [...]
2025-03-21
Google says its European 'experiment' shows news is worthless to its ad business
In November, Google said it would conduct a "test" in eight European countries that would omit results from EU-based news publishers for a small percentage of users. The results are in, and [...]
2025-04-03
European tech warns Trump tariffs will hit both hardware and software
Europe’s tech industry is bracing for impact after the Trump administration announced sweeping tariffs yesterday. The US slapped a 20% tariff on imports from the EU — twice the rate for the UK. Sw [...]