Friday, 24 July 2026 · Europe
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EUROPES The European Report
European Edition Friday, 24 July 2026
LATEST

Tech & Startups

European technology, startups, AI and innovation.

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Robinhood is raising $2 billion in zero-coupon convertible bonds to buy back stock

Robinhood Markets is raising two billion dollars through a sale of convertible senior notes due October 2029, joining a surge of z…

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How these fintech founders crowdfunded €8m in less than an hour

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WhatsApp to be led by Indian start-up founder as Will Cathcart steps back

WhatsApp's leadership shake-up comes as Meta looks to strengthen its app's already booming presence in India.

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Instagram is coming for your living room with episodic series and live TV on Samsung

Instagram for TV is expanding to Samsung smart TVs across the United States, making the app available on the majority of connected…

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Lucid Motors cuts 18% of workforce as new CEO dismantles second production shift

Lucid Motors is cutting 18 percent of its workforce, roughly 1,500 employees, just four months after the EV maker laid off 12 perc…

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WhatsApp gets new chief as Meta taps India’s CRED founder Kunal Shah, and invests $900M in startup

WhatsApp gets a new boss, as Will Cathcart moves to a new role at Meta, while Shah steps down as CEO of Indian fintech giant CRED …

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OpenAI’s suspiciously clean balance sheet is about to get a hard look

OpenAI’s books show zero debt and just $46mn of quarterly capital spending. The catch, reported by The Information: around $665bn …

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SpaceX taps the bond market for the first time to fund AI

Fresh from a record IPO that helped make Elon Musk a trillionaire, SpaceX is raising at least $20bn in its debut bond sale to bank…

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UPS pours $48 million into cold chain facilities as the biologics boom reshapes logistics

UPS has announced a $48 million investment in 27 temperature-controlled freight cross-dock facilities spanning the Americas, Europ…

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Germany tells Trump: you cannot get to the moon without us

Germany’s space minister has a message for Washington: the dependence runs both ways. In an interview with Politico at the VivaTec…

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Meta buys a fifth of Cred, and a new WhatsApp boss

Meta is paying $900mn for a fifth of Cred, an Indian fintech. The bigger prize is its founder, Kunal Shah, who will now run WhatsA…

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Instagram looks to take on streaming services with longer-form, episodic and live formats for its TV app

Instagram is coming for streaming services like Netflix and Amazon Prime Video as it sets its ambitions for living room viewing.

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The founder conference built for growth: TechCrunch Founder Summit pass rates increase June 26

Save up to $190 on your pass to TechCrunch Founder Summit 2026 by June 26, 11:59 p.m. PT. Designed for founders first on November …

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Ireland takes the EU presidency with Big Tech paying 40 per cent of its tax bill

Ireland takes over the rotating presidency of the Council of the EU on 1 July, inheriting a legislative agenda that includes propo…

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Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’

The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand."

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JD.com says robots will replace its 700,000 couriers

JD.com robots will eventually replace the company’s 700,000 couriers, its founder says. It is a rare admission that automation is …

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Seedcamp raises $320M for its new fund to expand its US footprint

After 18 years of focusing on Europe, early-stage investor Seedcamp said that it has raised $320 million for its latest fund which…

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Klue hack results in data breach at several cybersecurity firms

Huntress, HackerOne, Jamf, Recorded Future, and Tanium are among the cybersecurity companies that had data stolen following an ear…

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Uber anchors Lime’s IPO as the scooter firm goes public

The Lime IPO has a price and an anchor investor: Uber, the ride-hailing giant that already owns a chunk of the scooter firm and is…

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China hits back at the Pentagon with curbs on 56 US firms

China’s new trade curbs target 56 US companies, from rare-earth miners to drone makers. It is direct retaliation for Washington ad…

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Prosper AI raises $30M from a16z to automate the patient journey

Most of what makes American healthcare expensive happens before a doctor is ever in the room, and after. Someone schedules the app…

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Microsoft’s Nadella turns on the AI giants he helped build

In a blunt interview, Satya Nadella warned that the AI giants cannot keep promising mass job losses while demanding the power to b…

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Microsoft turns to Chevron’s gas to power a Texas data centre

The Chevron Microsoft gas deal hands the oil major a 20-year contract to power a giant West Texas data centre. For a company that …

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Getty Images soars after striking a deal with the kind of company it sued

For most of the generative-AI era, Getty Images has been the industry’s most determined courtroom opponent, the stock-photo giant …