Alibaba’s AliExpress has been hit with a €550 million ($629 million) fine from the European Union. Brussels says the Chinese shopping platform failed to keep illegal, unsafe and counterfeit products off its site. The penalty, announced on Monday, is th…
Sateliot, a Barcelona-based satellite startup, is seeking to raise up to €150 million ($172 million), a 50% increase from the €100 million round it announced in April. The company operates a network of low-Earth orbit satellites and plans to use the fu…
ASML will give all employees globally a one-time €20,000 ($22,862) share award, the company confirmed on Friday. The bonus vests on January 1, 2030, for staff who remain with the company for the entire period. About 45,000 people work at Europe’s most …
Airbus is pulling some of its most sensitive systems off Amazon Web Services and onto a European cloud. The aerospace group has picked French provider Scaleway to host them, Scaleway said. The move covers the applications Airbus needs to keep running a…
AI is reshaping tech careers. But it will not kill off the value of a STEM degree, according to Google DeepMind chief Demis Hassabis. He made the comments at a London business conference, in a video published on Wednesday. Knowing the fundamentals of s…
What does a company that builds game-playing AI need with a philosopher? That question sits at the heart of a Guardian long-read on Iason Gabriel, who has worked inside Google DeepMind since 2017. For a time, the Guardian reports, Gabriel was the only …
Google DeepMind has launched a programme to turn AI on biological threats. The London lab and its sister company Isomorphic Labs call it bioresilience, and set it out in a joint blog post. The aim is twofold. DeepMind wants to stop people misusing its …
A French startup has raised $30 million to tackle one of fashion’s hardest waste problems. Syntetica recycles nylon, and it can process two grades at once that the industry has long struggled to pull apart, its founder told TechCrunch. The Ecotechnolog…
Google has finally paid its record EU antitrust fine, and the money is about to do something unexpected. The €4.6bn will flow into the EU’s central budget and reduce what member states owe Brussels, Politico reports. The mechanism is dry, but the effec…
Google will have to let rival AI assistants run on Android the way its own Gemini does. It must also hand some of its search data to competitors. The European Commission set out both requirements on Thursday. The two decisions fall under the EU’s Digit…