Tech & Startups
European technology, startups, AI and innovation.
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Europe’s entrepreneurs are pushing. When will the capital markets pull?
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The people set to influence tech policy in Burnham’s Britain
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Saudi-backed Scopely buys Pokémon Go maker for $3.5bn
Scopely, owned by Saudi Arabia's Public Investment Fund, has acquired Niantic for $3.5bn, signaling sustained sovereign wealth fun…
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Lyft expands into Spain with Serveo bike-share acquisition
Lyft's planned acquisition of Spanish bike-share operator Serveo marks a direct push into European markets, even as regulatory cra…
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Ubisoft remake signals pivot to back-catalogue monetisation
Ubisoft’s release of a 13-year-old Assassin’s Creed remake highlights how surging development costs and cancelled projects are for…
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Netflix mulls cable-style channels and bundled rival subscriptions
Netflix is internally discussing the addition of always-on genre channels and third-party subscription bundles, a strategic revers…
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AI has triggered the biggest gas-plant building boom in history, and a quiet fight to stop it
The AI build-out has done something the fossil-fuel industry could not do for itself. It has set off the largest-ever construction…
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Chinese AI lab Zhipu clashes with Beijing over open model access
Zhipu’s founder is lobbying against potential Beijing curbs on open-source AI exports, a debate that will determine whether Europe…
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Meta shares jump 15% on plan to rent out AI infrastructure
Meta's shares posted their best week since early 2024 after outlining a plan to monetise its AI infrastructure, a shift that matte…
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Enterprise AI buyers ditch largest models for cheaper task-specific tools
European businesses are shifting their AI spending away from expensive frontier models toward cheaper, task-specific alternatives …
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Amazon has cut 57,000 jobs, and the people who kept theirs are not fine either
Amazon’s cuts have reached a scale that is hard to absorb. The company has laid off more than 57,000 corporate staff since 2022, a…
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BrainCo seeks Hong Kong IPO with $280m for consumer brain tech
BrainCo's push to bring non-invasive brain-computer interfaces to the mass market poses an early test for Europe's evolving data p…
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Infinite AI demand meets finite power in volatile chip markets
Tech leaders insist artificial intelligence demand is bottomless, but a shift in the industry's bottleneck from silicon to electri…
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Poll: 69% of Americans support state taking half of AI equity
A new survey shows broad US support for a radical bill that would seize half of Big AI's equity, signalling a political climate sh…
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Yosemite targets $350m for AI oncology ventures as pharma patent cliff looms
Reed Jobs's venture firm Yosemite has closed the first tranche of a $350 million fund to build AI-driven oncology startups, signal…
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This slushie machine was a lifesaver during NYC’s heat wave
Last weekend’s brutal NYC heat wave had me craving a frozen drink almost every afternoon. Normally, that would mean sweating…
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Even Realities bets on camera-free smart glasses as it reaches unicorn status
Hardware startup Even Realities has launched its G2 smart glasses and achieved unicorn status, testing whether a privacy-focused, …
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OpenAI shifts ChatGPT focus from individuals to families
OpenAI is hiring a dedicated product manager for families, signalling a strategic shift in consumer AI from individual tools to ho…
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Meta withdraws Instagram AI tool after privacy backlash
Meta's rapid reversal on an AI image generator highlights the growing commercial risks for tech firms that ignore privacy boundari…
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CISA lacked response plan during May government credential leak
The top US cybersecurity agency had to improvise its response during a May leak of government credentials, raising concerns about …
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Tech Now
Adrienne Murray has rare access to Microsoft's Quantum Lab in Denmark.
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Phia suspended from Impact.com over affiliate fraud claims
A well-funded shopping extension backed by celebrity investors has been suspended from a major affiliate network following allegat…
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Ubisoft leans on nostalgia with Black Flag remake amid studio closures
The release of Assassin's Creed Black Flag Resynced highlights how major European games developers are using remakes to fill reven…
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Meta removes controversial AI feature on Instagram after backlash
Meta told Dylan Byers, of Puck News, that it had nixed the feature after backlash from its user base.