UK lost €2.3B in tax from big tech because rules are ‘no longer fit for purpose’
Up to €2.3bn of annual tax from big tech may be missing from the UK’s coffers because of archaic rules. That’s according to TaxWatch, a think tank formed to expose…
I swapped my car for an electric cargo bike
Tired of endless traffic jams, hefty bills, and the weight of climate guilt, city dwellers across Europe are ditching their cars for cargo bikes — and never looking back. Here’s…
Google and Qualcomm are building a RISC-V-based platform for wearables
RISC-V, the upstart chip architecture, has stepped further into the market for processors. Semiconductor giant Qualcomm today announced that it’s building a RISC-V-based wearables platform for Wear OS, Google’s operating…
EV startup Volta Trucks files for bankruptcy amid battery supply woes
Sometimes, despite the best of plans and intentions, businesses don’t make it. Unfortunately, this is true also for those who hope to change the world for the better. Earlier today,…
London Marathon turns to carbon removals in race to net zero
While promoting fitness, community and often charitable causes, large running events can have a significant environmental impact. Adding to the waste generation from water stations and temporary race infrastructure are…
UK plan to lead in generative AI ‘unrealistic,’ say Cambridge researchers
The British government’s aim to turn the UK into a global leader in the development of generative AI is “unrealistic,” researchers at the University of Cambridge argue. According to the…
TikTok complies with EU demands against Israel-Hamas disinformation
TikTok said on Sunday that it had taken action against disinformation, following EU demands after Hamas’ attack on Israel. On Thursday, Thierry Breton, the bloc’s chief of the internal market,…
Google to pay €3.2M yearly fee to German news publishers
Google has agreed to pay German publishers €3.2mn per year for publishing their content on its News search engine. The compensation is part of an interim agreement between the tech…
VC funding in Europe rose in Q3 2023, but favoured late-stage startups
In the third quarter of 2023, European startups raised $16.4bn (€15.6bn) in VC funding — a 28% increase quarter over quarter. The findings are based on an analysis by Crunchbase,…
GG Microsoft! UK clears $69B Activision Blizzard deal
After a lengthy process of regulatory scrutiny, the biggest deal in gaming history finally has the all-clear. Today, the final hold-out in the saga, the UK’s CMA, said it had…
New technique makes AI hallucinations wake up and face reality
Chatbots have an alarming propensity to generate false information, but present it as accurate. This phenomenon, known as AI hallucinations, has various adverse effects. At best, it restricts the benefits…
Europe outpaces US and China in hydrogen investment, says EU president
From transportation to heavy industries, clean hydrogen has emerged as a key element in the transition to climate neutrality — and the EU wants to ensure that the fossil-fuel alternative…