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 […]
Ecosystems
Auto Added by WPeMatico
Microsoft succumbs to EU pressure, will unbundle Teams from Office in Europe
In a bid to allay EU antitrust concerns, Microsoft will start unbundling Teams from the Office 365 and Microsoft 365 suites in European markets. Microsoft announced the move on Thursday. The company said the software will be split in the European Economic Area, which unites […]
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 […]
Euclid telescope set to embark on dark universe exploration mission
ESA’s mission to unravel the mysteries of the dark universe is set for launch. Following a one-year delay caused by the Ukraine invasion, the Euclid space telescope is scheduled for takeoff on July 1 at 5:11PM CEST time from Cape Canaveral in Florida, US. Named […]
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. Layoffs.fyi 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 […]
Italy to launch €150M fund for AI startups
Italy is the latest country looking to quickly shore up domestic development of an AI ecosystem. As part of its Strategic Program for Artificial Intelligence, the government will “soon” launch a €150 million fund to support startups in the field, backed by development bank Cassa […]
These 19 tech giants are on the EU’s new naughty list
The EU’s latest crackdown on big tech is taking shape. The bloc yesterday released a list of companies that must adhere to the strictest rules of the landmark Digital Services Act (DSA). The 17 platforms and two search engines reach at least 45 million monthly […]