The European Commission is preparing to tell Google exactly how it must open Android to rival AI assistants, escalating a regulatory confrontation that will determine whether artificial intelligence becomes the next great platform lock-in or the first to be broken before it sets. EU watchdogs are poised to lay out what Alphabet must do to […]
The world’s largest sovereign wealth fund lost NOK636 billion ($68 billion) in investment returns in the first quarter, driven by the equity slide among large US technology companies. The S&P 500 posted its deepest quarterly decline since 2022. The fund marginally outperformed its benchmark. Norges Bank Investment Management (NBIM), which manages Norway’s Government Pension Fund […]
A year after flying and recovering the continent’s first private re-entry capsule, the German-French startup is moving from demonstration to operations. Three PHOENIX 2 vehicles, a new defence entity, and a next-generation 1-tonne capsule are all funded by the round. ATMOS Space Cargo, the European company developing orbital transport and re-entry vehicles, has closed a […]
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The UK’s online safety regulator has opened a formal investigation into Telegram under the Online Safety Act, examining whether the messaging platform has complied with its duties to protect UK users from child sexual abuse material. It is Ofcom’s most significant enforcement action against a major messaging platform to date. The UK’s online safety regulator […]
The European Investment Fund is raising a €15 billion fund of funds called ETCI 2 that aims to unlock up to €80 billion in scaleup funding across Europe. Germany’s WIN initiative is targeting €12 billion by 2030. France’s Tibi programme has pledged €7 billion in private capital and labelled 92 VC and growth funds with […]
Tim de Kraker
Courtesy of Samuel Correll
