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The Latest Breaking News on European tech

Route planning app Komoot sold after it expands paywall, job losses could follow

The route planning app has been bought by Italian tech firm Bending Spoons

Cycling Weekly

SoftBank to acquire Arm CPUs for datacenter firm Ampere in $6.5 billion cash deal

SoftBank buys Ampere for $6.5 billion in cash, may use them in Stargate datacenters.

Tom’s Hardware

EV Motorcycle Maker Energica Is About to Be Auctioned Off, and It's a Steal

To paraphrase the great Three 6 Mafia, "It's hard out here for an electric motorcycle company." In the interim years, we've seen countless startups and OGs fall, and all for different reasons. Whether it's due to a lack of funding or lackluster sales, behind-the-scenes tomfoolery, or parasitic acquisition, the number…

RideApart

From analysis to the latest developments in health,
read the most diverse news in one place.

VW Group’s Cariad Software Division Had A Bad Year. Again

Cariad, “the software powerhouse of Volkswagen Group,” as stated on the company’s website, has gone from shining star to source of financial headaches in less than five years.

InsideEVs

Telegram Founder Durov Allowed To Temporarily Leave France

Telegram founder Pavel Durov has been allowed to temporarily leave France, where he is charged with multiple infractions linked to allegedly enabling organised crime, sources told AFP. Durov, now 40, was sensationally detained at Le Bourget airport outside Paris in August 2024 and charged with a litany of violations related…

International Business Times

MyVisits.net Accelerates Its Global Expansion, Bringing Revolutionary Home Care Service Verification to the World

MyVisits.net's EVV platform is a cloud-based system that eliminates the need for expensive installations or physical equipment.

International Business Times

Product Led Growth Expert Spearhead Solutions-Based GTM Strategy

A 2024 Content Marketing Institute report found that 91 percent of B2B marketers use content marketing to reach customers, up from 86 percent in 2022.

International Business Times

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Model railway maker Hornby becomes latest company to quit struggling Aim

The number of companies listed on London’s junior market has fallen from a high of almost 1,700 in 2007 to about 679

Evening Standard

Northvolt files for bankruptcy as Europe’s big EV battery hope fails

Europe wanted to reduce reliance on Chinese-made EV batteries and materials

The Independent UK

Battery Maker Northvolt Files For Bankruptcy In Sweden

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure financing to enable it to continue operations, the struggling company said Wednesday.

International Business Times

EV battery startup Northvolt files for bankruptcy in Sweden

Swedish firm unable to ‘secure the necessary financial conditions to continue in its current form’

The Guardian - UK

Major super fund sued over tardy death benefit payouts

AustralianSuper is the latest major super fund to face legal action for allegedly failing to pay out benefits to families of dead members in a timely manner.

AAP

UK and Ireland to announce closer collaboration on energy at summit

Officials hope the new deal will speed up investments and developments in infrastructure.

Evening Standard

British Airways’ parent company records surge in profits

International Airlines Group said its operating profit last year was 4.3 billion euro (£3.6 billion).

Evening Standard

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The Guardian - UK

‘Homegrown’ Swedish battery startup admits importing vital components

Northvolt, which claims to run Europe’s first homegrown gigafactory, admits it depends on Chinese suppliers for cathode active material

The Guardian - UK

UK battery firm says it has learned from others’ errors as it licenses Chinese tech

Volklec aims to start making batteries at part-government-funded site near Coventry before building its own factory

The Guardian - UK

UK universities educate the most national leaders globally, analysis shows

Research reveals UK institutions educated 50 world leaders in post in 2022, despite job cuts, course closures and a fall in foreign students

AAP

Australian shares edge higher despite Wisetech plunge

The ASX200 has finished 0.1 per cent higher, snapping a five-day losing streak despite its leading tech company plunging to a six-month low.

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The Guardian - AU

Four WiseTech board directors quit over ‘differing views’ of Richard White’s role

Tech company’s share price plummets after latest market update and resignations of Lisa Brock, Richard Dammery, Michael Malone and Fiona Pak-Poy

StockNews.com

Perdoceo Education vs. Grand Canyon Education: Which for-Profit Educator Deserves Your Investment?

Advancements in technology and the significance of learning services outsourcing are brightening the prospects for the for-profit education industry. Amid this, let’s compare Perdoceo Education Corporation (PRDO) and Grand Canyon Education (LOPE) to analyze which for-profit educator stock deserves investment. Read on to find out….

StockNews.com

3 Companies Capitalizing on the Energy Storage Boom

Driven by surging demand, energy integration, and emerging technologies, the energy storage industry’s outlook appears promising. Amid this backdrop, let’s explore the prospects of sound stocks NextEra Energy (NEE), Brookfield Renewable (BEP), and Enphase Energy (ENPH) capitalizing on the energy storage boom. Continue reading.

Evening Standard

London can boost its defence tech sector through closer ties with Ukraine

The number of AI and machine learning specialists in Ukraine has grown fivefold over the past decade

The National (Scotland)

Prison firm pays £3m to shareholders amid safety fears and rising deaths

The company which owns Scotland’s private Addiewell prison has paid more than £3 million to shareholders in less than two years despite serious…

Evening Standard

A government serious about growth must deliver true Open Finance

The UK's Open Banking fintech ecosystem is valued at over £4.4 billion

Evening Standard

London breeds more unicorns than Paris, Berlin and Amsterdam combined says new report

Capital is fifth placed in global league table behind only San Francisco, New York, Shanghai and Beijing

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