Apple Card ends partnership with Goldman Sachs: 3 reasons we saw it comin’.
Tag: Ecosystems
Tesla to get number plates back in blow to Swedish union workers
Tesla sued the Swedish Transport Agency and the country’s postal service yesterday in an attempt to squash the biggest strike the American carmaker has ever faced anywhere in the world. Just hours after the lawsuits were filed, a court in Norrköping, …
Europe has more AI talent than US, study finds
European tech is starting to bounce back — and AI is turbocharging the recovery. The continent is now home to more highly skilled professionals in the field than the US, according to new research by Atomico, a VC firm headquartered in the UK. This over…
European VC ecosystem heavily biased against female founders
Among the barriers European tech has to overcome, gender diversity is undoubtedly a pressing one. The numbers are telling. So far in 2023, female-founded startups have raised less than 2% of the total VC capital in Europe. A new study by global early-s…
When it comes to startups, little Luxembourg packs a big punch
Sandwiched between Germany, France, and Belgium, the tiny country of Luxembourg is one of Europe’s smallest, but also its wealthiest — its residents enjoy the second-highest per capita income in the world. Key to this success is its thriving financial …
UK universities urged to reduce equity stakes in their spinouts
The UK university spinout ecosystem is flourishing, with 1,116 active companies as of January 2023. But to further facilitate this growth, British universities should cut down on their equity stakes, a spinout review commissioned by the government advi…
Spotify’s new streaming payments spark controversy among musicians
Tech has waded into another feud with artists. After a week of wrangles about AI mimicry of pop stars and training models on copyrighted content, Spotify has sparked fresh controversy over a new royalty scheme. The streaming giant announced on Tuesday …
The two rings: Finland’s Oura sues Ultrahuman over rival wearable
Oura, the Finnish health wearable startup, is suing one of its biggest rivals, claiming it copied its ring device and accessed proprietary information. The Oulu-based company, which makes the Oura Ring health tracking device and has raised more than €1…
Finnish startup races to map spread of ‘silent pandemic’ killing millions each year
Antimicrobial resistance (AMR) was directly responsible for over 1 million fatalities in 2019, and the death toll keeps rising. It occurs when bacteria become resilient to antibiotics, making infections more difficult to treat — or in some cases imposs…
The future of urban mobility in Europe, 10 years down the road
While the glittering lights of Europe’s cities hold the promise of new opportunities, ideas, and fun, they also hold smog and a growing air pollution problem. Not to mention the fact that it’s hard to live your dream city life as you’re trapped in bump…
EU top court lawyer wants Apple’s €14.3B Irish tax judgement re-run
Apple has faced a major setback in its longstanding €14.3bn tax dispute with the EU after an adviser to the bloc’s highest court said an earlier ruling over the tech giant’s business in Ireland should be thrown out and the case re-run. Advocate Genera…