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Paris bids au revoir to rental e-scooters as ban comes into effect

Today, Paris became one of the first European cities to implement an outright ban on rented e-scooters, after residents previously voted overwhelmingly in favour of the motion. During a referendum in April, voters were given two choices: “for” or “against” a city-wide ban on shared […]

Bankrupt ebike startup VanMoof finds buyer in F1’s McLaren Applied

VanMoofers, rejoice — the ebike gods have not abandoned you. Yesterday, McLaren Applied and its escooter department Lavoie announced they had agreed to purchase the bankrupt ebike startup.  The details of the deal have not been made public. However, the F1 engineering and technology company […]

PhotonVentures raises €60M fund to boost photonics startups in Europe

Dutch VC firm PhotonVentures has raised €60mn for its new fund aimed at stimulating Europe’s photonics industry. The capital targets startups and scaleups active in photonic chips — a crucial technology for applications in robotics, quantum computing, and autonomous vehicles. Specifically, the fund will initially […]

New hope for Microsoft-Activision deal after UK regulator reopens consultation

The UK’s antitrust watchdog has called for more public input on Microsoft’s bid for Activision-Blizzard, renewing hopes that the deal will be approved. The Competition and Markets Authority (CMA) originally blocked the $69bn (€63bn) merger in April. At the time, the regulator cited concerns that […]

European companies hate the EU’s new AI rules — here’s why

Artificial intelligence sure is keeping the post office busy. After a recent flurry of open letters about runaway AI, unregulated AI, and apocalyptic AI, another missive arrived on the EU’s doorstep today. In this case, however, the signatories have raised a contrary concern. Rather than call […]

Opinion: European startups should welcome global tech layoffs with open arms

Like a runaway train, the tech sector’s layoff spree shows no sign of hitting the brakes in 2023. found that between January and May this year, more than 200,000 people around the world found themselves on the wrong end of the pink slip. Echoing […]