UK lost €2.3B in tax from big tech because rules are ‘no longer fit for purpose’
Up to €2.3bn of annual tax from big tech may be missing from the UK’s coffers because of archaic rules. That’s according to TaxWatch, a think tank formed to expose…
Google and Qualcomm are building a RISC-V-based platform for wearables
RISC-V, the upstart chip architecture, has stepped further into the market for processors. Semiconductor giant Qualcomm today announced that it’s building a RISC-V-based wearables platform for Wear OS, Google’s operating…
UK plan to lead in generative AI ‘unrealistic,’ say Cambridge researchers
The British government’s aim to turn the UK into a global leader in the development of generative AI is “unrealistic,” researchers at the University of Cambridge argue. According to the…
VC funding in Europe rose in Q3 2023, but favoured late-stage startups
In the third quarter of 2023, European startups raised $16.4bn (€15.6bn) in VC funding — a 28% increase quarter over quarter. The findings are based on an analysis by Crunchbase,…
GG Microsoft! UK clears $69B Activision Blizzard deal
After a lengthy process of regulatory scrutiny, the biggest deal in gaming history finally has the all-clear. Today, the final hold-out in the saga, the UK’s CMA, said it had…
Europe outpaces US and China in hydrogen investment, says EU president
From transportation to heavy industries, clean hydrogen has emerged as a key element in the transition to climate neutrality — and the EU wants to ensure that the fossil-fuel alternative…
Taiwan’s semiconductor suppliers plan to invest in European chip factories
Amid the global race for semiconductor chips, Taiwanese suppliers are considering investing in Europe, the Financial Times reports. “We are planning investments in Germany, and the European market is going…
Cambridge aims to double its unicorns, plans support scheme for founders
Home to over 5,300 high tech companies, Cambridge is among the world’s leading university-based ecosystems. Ranked as the third most important science hub globally in 2022, the city counts 23…
Drone startup launches grocery delivery in Germany
This Thursday, German startup Wingcopter launched a drone and electric cargo-bike delivery project to bring everyday consumer goods to remote rural areas in Central Germany. Just as with ordinary grocery…
This blisteringly hot AI-powered grill cooks food ‘up to 10x faster’
UK startup Seergrills has invented the world’s first AI-enabled grill that is so insanely hot it can cook food up to 10x faster than conventional methods. The mean BBQ machine…
VC Atomico raises €1B in glimmer of hope for European tech startups
It is no secret that European tech funding has seen an alarming decline throughout the past 24 months. Thankfully, there are still some bright spots. London-based venture capital firm Atomico…
Job satisfaction in European tech on the rise — but Dutch, Swedes least happy
Levels of job satisfaction among young tech workers in Europe have bounced back this year. The proportion of employees feeling unhappy in their role fell from 35% in 2022 to…
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