EU’s new attack on big tech risks becoming ‘missed opportunity’
The EU’s strictest-ever crackdown on big tech has only just begun, but critics fear it’s already missing the targets. Called the Digital Markets Act (DMA), the landmark law aims to…
Red Sea cable cut by anchor from Houthi ship attack, says internet firm
Several subsea communications cables in the Red Sea were cut on Saturday, temporarily affecting a quarter of all data traffic flowing between Asia and Europe. Some have blamed the Houthi…
Spain halts Sam Altman’s eyeball-scanning startup Worldcoin over privacy concerns
Spanish regulators have ordered Worldcoin to pause operations over fears that the company’s eyeball-scanning technology may intrude on users’ privacy. Worldcoin — co-founded by OpenAI CEO Sam Altman in 2019…
Startup searching for ‘holy grail’ of encryption raises $73M
French startup Zama has raised $73mn to commercialise the “holy grail” of cryptography: fully homomorphic encryption (FHE). Conceptually simple but practically complex, FHE enables computations on encrypted data without having…
Dutch government launched secret task force to keep ASML in Netherlands, report says
The Dutch government has reportedly launched a secret task force to keep chip giant ASML in the Netherlands. Dubbed “Operation Beethoven,” the task force was formed to allay ASML’s fears…
Digital bank Monzo raises £340M amid UK push to remain fintech leader
Amid tough market conditions, digital bank Monzo has raised £340mn (€409mn) in new funding, reaching a post-money valuation of £4bn (€4.7bn). The round was led by new investor CapitalG, the…
Nobel winner behind graphene hails new ‘wonder materials’ for smart contact lenses
A Nobel Laureate who co-created graphene has made another discovery that could turbocharge numerous futuristic applications, from smart contact lenses to rapid disease detection. Konstantin Novoselov, who won the 2010…
Why US-based VCs are investing big in European climate tech
In the last decade, the US established itself as a leader in funding climate tech ventures, with Europe trailing. Known for their willingness to embrace risk and invest heavily, US…
TNW Podcast: The tech that makes us walk
Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of…
UK startup launches AI satellite to provide near real-time images of Earth
UK-based space tech startup Open Cosmos has successfully launched a new AI-powered satellite that can provide near real-time views of Earth. The satellite, HAMMER — short for Hyperspectral AI for…
Ammonia production is filthy. This ‘nitrolyzer’ could clean it up
Ammonia is perhaps best known as a household cleaner or the chemical that makes your pee smell. Few might realise, however, that half of the world’s food production relies on…
Startup behind ‘central nervous system’ for hotels becomes latest Dutch unicorn
Amsterdam-based Mews, a cloud-based property management system (PMS) for the hospitality industry, has become the latest Dutch unicorn. In a fresh funding round, the startup — which is also a…