Q-day (the day when quantum computers will successfully actually break the internet) may be some time away yet. However, that does not mean that companies — and states — shouldn’t hop on the qubit bandwagon now so as not to be left behind in the race for a technology that could potentially alter how we […]
EU declares aim to become ‘quantum valley’ of the world Leer más »
With under 2 million people, a landmass that’s half the size of Greece, and a recent history of communist rule, Latvia doesn’t have textbook foundations for building world-leading businesses. But building a world-leading business is exactly what Latvia’s Printful did. In 2021, the on-demand printing startup was valued at over $1 billion, making it the country’s
For European startups, the US is still the land of opportunity Leer más »
It’s a question as old as the tech industry itself: can Europe compete with Silicon Valley? This reared up again in my mind for two main reasons. The first is the recent(-ish) shift of Big Tech into being media entities. And the second? That’s Spotify’s struggles as a European stalwart in this field. Let’s consider
Europe’s battle against the rising media power of Silicon Valley Leer más »
In a hiring freeze that CEO Sebastian Siemiatkowski attributes to the rise of AI, Swedish fintech unicorn Klarna is no longer recruiting staff beyond its engineering department. “There will be a shrinking of the company,” Siemiatkowski told the Telegraph. “We’re not currently hiring at all, apart from engineers.” The chief exec of the buy now,
Klarna freezes hiring, citing AI ‘productivity gains’ Leer más »
From bringing ancient ruins to life through augmented reality (AR) to 3D-printing centuries-old artefacts, cultural heritage startups are transforming the landscape of heritage preservation and education. By leveraging technology to foster a deeper connection with our past, this breed of companies help safeguard some of the most defining elements of human history. TNW spoke with
Tech is bringing ancient ruins back to life. Here’s how Leer más »
Starting early next year, commuters in London will be able to hail the capital’s iconic black cabs via Uber, the American ride-hailing giant has announced. London’s black taxi drivers — famous for their uncanny knowledge of the city’s thousands of streets — have long been at odds with Uber, who they say threatens their livelihoods.
Uber seeks unlikely alliance with London’s iconic black cabs Leer más »
Hailing from South Africa, I like to think of myself as a bit of a barbecue virtuoso. Come rain or shine, most weekends I’ll be out in my backyard, tongs in hand, manning the grill like a meat-addicted maniac (guilty as charged). So when someone suggested I try the world’s first plant-based ribs, adorned with
Vegan ribs with edible bones: This could be the future of BBQ Leer más »
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, where one of Tesla’s service centers is based, ruled in favour of Elon Musk’s
Tesla to get number plates back in blow to Swedish union workers Leer más »
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 overtaking follows a decade of rapid progress. Over the past 10
Europe has more AI talent than US, study finds Leer más »
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-stage VC firm Antler shows that, unsurprisingly, female founders have to routinely deal
European VC ecosystem heavily biased against female founders Leer más »
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 services sector which has helped draw several big names to the Grand Duchy, including the
When it comes to startups, little Luxembourg packs a big punch Leer más »
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 advises. According to data from Beauhurst, between 2013 and 2022, academic institutions took an average stake of 23.9%.
UK universities urged to reduce equity stakes in their spinouts Leer más »
