Technology



Nexi maintains 2026 guidance despite decline in second-quarter core earnings

Italian payments company Nexi has reaffirmed its financial outlook for 2026 despite reporting a modest decline in second-quarter core earnings, signaling confidence in its long-term strategy as the European payments industry undergoes rapid transformation. The company, recognized as Europe's largest......

MBDA unveils new interceptor designed to counter large-scale drone attacks

European missile manufacturer MBDA has introduced a new interceptor system designed to defend against large-scale drone attacks and waves of low-cost weapons, as recent conflicts highlight growing weaknesses in traditional air defense capabilities. The new Counter Mass Interceptor is aimed at helping......

Europe’s defence startup Helsing raises $1.8 billion, reaching $18 billion valuation

Helsing has secured $1.8 billion in a Series E funding round, lifting its valuation to $18 billion and reinforcing its position as Europe's best-funded defence technology startup. The investment marks one of the largest fundraising rounds ever completed by a European defence technology company,......

ASM International appoints Chris Figee as incoming chief financial officer

ASM International has announced plans to appoint Chris Figee as its next Chief Financial Officer, strengthening the executive leadership of one of Europe's leading semiconductor equipment manufacturers. The Dutch technology company confirmed that Figee, currently Chief Financial Officer and a member......

Uber scales back European food delivery expansion amid Delivery Hero takeover pursuit

Uber has reportedly suspended most of its planned expansion of Uber Eats across Europe as the company focuses on its proposed acquisition of Delivery Hero, according to a report by the Financial Times. The move marks a significant shift in Uber's European growth strategy just months after it unveiled......

EU’s top court upholds €4.1 billion Antitrust fine against Google over Android practices

Europe’s highest court has upheld a €4.1 billion ($4.8 billion) antitrust penalty against Google, rejecting the technology giant’s final appeal in one of the European Union’s most significant competition cases. The ruling confirms that Google abused its dominant position in the......

NamX secures European patent and advances hydrogen industrialization

NamX has reached a major milestone in the development of its hydrogen technology after obtaining a European patent covering its hydrogen capsule system, a move expected to accelerate the industrial phase of the project. The announcement was made by the company’s founder and chief executive officer,......

Meta loses EU court battle over compensation for Italian publishers

Meta Platforms has lost a legal challenge before Europe’s highest court in a dispute over compensation owed to Italian publishers for the use of news content snippets. The ruling confirms that digital platforms may be required to pay fair compensation when using fragments of journalistic content......

EU plans stricter social media rules to protect children

The European Union is preparing new measures aimed at strengthening the protection of children and teenagers online by introducing stricter regulations for social media platforms. Ursula von der Leyen stated that European authorities are increasingly concerned about the impact of social media business......

Anthropic talks to EU, including on its cyber security models, commission says

Artificial intelligence company Anthropic is in ongoing discussions with the European Commission regarding its range of AI models, including cybersecurity-focused systems that are not yet available in the European Union, according to the Commission. A spokesperson for the European Commission confirmed......

European Commission awards €180 million cloud contract to four European providers

The European Commission has awarded a €180 million ($212 million) contract for sovereign cloud services to four European technology providers, reinforcing the European Union’s efforts to strengthen digital sovereignty and reduce reliance on non-European cloud infrastructure. The six-year......

Maroc telecom and European Commission strengthen dialogue on digital sovereignty

Maroc Telecom has engaged in high-level discussions with the European Commission to deepen cooperation on digital sovereignty, a key issue shaping global technology strategies. The meeting brought together Mohamed Benchaaboun and Henna Virkkunen on the sidelines of a major technology event, where they......

EU cloud group urges interim action against Broadcom over VMware changes

A European cloud industry association has called on regulators to take temporary action against Broadcom over recent changes to its VMware partner program. The group, Cloud Infrastructure Services Providers in Europe (CISPE), is urging the European Commission to intervene and prevent the termination......

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