Europe’s ambitious energy transition and the EU’s goal of achieving ‘net-zero’ emissions are at risk without significant investment in electricity distribution systems, warns the power sector. Industry leaders emphasize the…
Category: Business
VivaTech 2024: AI, Climate Tech, Deep Tech, and Elon Musk
VivaTech Returns with a Bang This week, VivaTechnology (VivaTech) opens its doors in Paris for the eighth year, attracting thousands of startups, visitors, and notable tech personalities. AI continues to…
Macron Unveils Major AI Investments, Declares Paris the “City of AI”
Paris to Lead in Artificial Intelligence Speaking at the Elysée Palace, French President Emmanuel Macron declared Paris would become the “city of artificial intelligence.” Addressing tech leaders, politicians, and EU…
AI Detects Sarcasm: A Significant Step Forward
AI’s New Ability to Detect Sarcasm Researchers at the University of Groningen’s Speech Technology Lab in the Netherlands have developed an AI program capable of detecting sarcasm. This breakthrough shows…
Tech Companies Embrace Neurodivergent Talent to Bridge Skills Gap
Demand for Skilled Workers Remains High Despite recent tech layoffs, the industry remains vibrant and full of opportunities. Companies are urgently seeking staff to address the STEM skills gap, particularly…
Cazoo Faces Insolvency, Threatening Jobs
Online Car Dealer Enters Administration Online car seller Cazoo has plunged into insolvency, placing over 200 jobs at risk. The company, once a highly valued British tech firm, appointed administrators…
Italy Criticizes Fiat Over Use of National Colors on Foreign-Made Cars
Fiat Agrees to Remove Italian Flag from Polish-Made Cars A dispute between Italian Prime Minister Giorgia Meloni and Stellantis, the owner of Fiat, has led to Fiat agreeing to remove…
Meta Faces Scrutiny: Two DSA Investigations Initiated by EU
EU Commission Launches Investigations Meta’s platforms, Facebook and Instagram, are under scrutiny as the European Commission initiates two investigations under the Digital Services Act (DSA). The focus is on assessing…
Microsoft’s Carbon Emissions Surge: The Impact of Data Centre Expansion
Rise in Carbon Emissions Linked to Data Centre Growth Microsoft’s annual Environmental Sustainability Report reveals a concerning trend: the company’s carbon emissions have spiked by nearly 30% since 2020. While…
Raspberry Pi’s London Stock Exchange Debut: A Boon for the UK Market
Raspberry Pi’s Strategic Move Amid a backdrop of companies shifting their listings to the US, British tech firm Raspberry Pi has announced plans to go public on the UK stock…