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Tech News

Euroviews. Europe can produce its own tech giants — here’s how

The measures that would be needed to enable the EU to produce large-scale digital champions are clear and straightforward. They would benefit not only our digital sector but also pension funds, the insurance sector and future pensioners, J. Scott Marcus writes.

Business

AI, future of 5G and challenges ahead dominate at GSMA MWC Shanghai

GSMA MWC Shanghai 2024 concluded with the show‘s largest ever international participation, welcoming nearly 40,000 attendees from a record 124 countries and territories for three days of innovation showcasing and collaboration.

Business

Amazon latest to join trillion market cap club amid AI-fuelled rally

Amazon surpasses $2 trillion in market cap amid optimism towards its AI-powered cloud business.

Markets

Europe's GRANOLAS: How do they perform against the US's Magnificent 7?

GRANOLAS is an acronym coined by Goldman Sachs during the first European lockdown in 2020, representing the largest European companies by market cap at that time.

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Business

AI boom propels Nvidia to the top as the world’s most valuable company

Nvidia surpasses Apple and Microsoft in market cap, becoming the most valuable company in the world, thanks to the artificial intelligence (AI) boom.

Business

Apple investors eye OpenAI launch as it plays catchup with competitors

Apple has officially embraced artificial intelligence (AI), making the announcement at its renowned Worldwide Developers Conference (WWDC).

Markets

AI fuels surge in tech company earnings in Europe and the US

As the AI boom continues to fuel earnings on both sides of the Atlantic, European companies mirror the success of their US counterparts.

France

VivaTech 2024: AI takes centre stage at annual French tech show

The latest artificially intelligent innovations have been unveiled at the VivaTech show in Paris starting this Wednesday and running through Saturday.

Business

Nvidia's earnings top market forecasts as AI demand soars

Nvidia has reported April-quarter earnings that topped market forecasts. The chipmaker announced a 10-for-1 stock split as the share price surpassed $1,000 (€923).

Business

Nvidia shares could soar as traders eye first-quarter earnings

Nvidia is set to release its first-quarter earnings for the fiscal year 2025. Investors will be particularly focused on the performance of its data centre.

Business

IBM announces plans to create 800 new high-tech jobs across Ireland

IBM has announced plans to create 800 new AI jobs across Ireland over the next three years as big tech companies continue to invest in the country.

Europe News

Tech compliance reports, Newsletter

This week's key events presented by senior tech and industry reporter Cynthia Kroet

Europe

Euroviews. The EU's Digital Markets Act is a double-edged sword

Through DMA regulations, the EU risks straying into the territory of a market which penalises success, Irakli Machaidze writes.

Business

Apple preview: Key metrics to watch for in upcoming earnings report

Apple is poised to release its earnings for Q2 fiscal year 2024 after the US market closes on 2 May. Investors will be watching for key metrics that shape its stock trajectory.

Tech News

Fashion website Shein now faces stricter rules under EU platform law

The retailer has four months to comply with the tough requirements of the Digital Services Act, the European Commission said today.

Business

Tech titans soar: Alphabet and Microsoft ride high on AI-driven wave

The two tech giants - Alphabet and Microsoft - report strong quarterly earnings that surpass market expectations, propelling their stocks to soar. Investors maintain optimism toward their respective core businesses, which have been powered by the advance of AI.

Tech News

Microsoft blasted for 'cascade of security failures' over China hack

A US review board found that a hack of top senior officials' email accounts by Chinese-backed hackers was "preventable" in a scathing report.

Tech News

Lawmakers to approve updated GDPR rules despite companies' concerns

Tech lobby fears the updated GDPR rules will increase abusive complaints and further slow lengthy procedures.

Tech News

Google to purge billions of files containing personal data

Google will purge billions of files containing personal data in a settlement of the Chrome privacy case.

Tech News

Microsoft to unbundle Teams and Office globally amid antitrust probe

Microsoft first unbundled Teams from its Office suites in October in the European Union and now will reportedly make the move global.