US tech giants warn Europe that ditching US tech giants could cost €115B
Amazon, Google, Meta among members of lobby group funding dire warnings over cloud sovereignty plans
The Register6 min read
European Union
10 stories
UK and Germany team up against Russian cyberattacks as Brexit rethink looms
Security pact promises information-sharing and coordinated disruption, but offers little detail on agencies or funding
The Register5 min read
Temu took the world by storm – but has the shopping app lost its thunder?
In February 2023, the budget shopping platform Temu announced itself on the world stage in the brashest way possible: becoming one of the youngest ever brands to buy a Super Bowl advertising spot.
South China Morning Post Tech1 min read
European Commission Staff Really Dislike Their ‘Sovereign’ Alternative to Microsoft Teams: Report
The EU executive branch implemented a non-US-made backup to Teams. One staffer called it "absolute sh*t".
Gizmodo — AI4 min read
EU’s hodgepodge tech policy exposes members to Chinese vendor risks, says think tank
RUSI wants procurement rethink that could put US suppliers under scrutiny too
The Register8 min read
Europe’s Space Industry Seeks Greater Supply Chain Control
Europe's strategic space independence will depend on semiconductor supply chains, satellite networks, and 6G communications. The post Europe’s Space Industry Seeks Greater Supply Chain Control appeared first on EE Times.
EE Times6 min read
Visa and Mastercard handle nearly half of Europe’s card payments. The digital euro aims to change that
The European Central Bank's €1.3 billion bet offers an alternative to the U.S. payments giants, but it faces an uphill battle to win over consumers, merchants, and banks.
Fortune AI7 min read
Mainland Chinese, Hong Kong stocks face bumpy fourth quarter as risks mount: analysts
Mainland Chinese and Hong Kong stocks may face a challenging fourth quarter as investors contend with underwhelming stimulus measures from Beijing, tighter financial conditions in the US and a shift in the narrative around the artificial intelligence trade, according to analysts.
South China Morning Post Tech1 min read
Europe's AI ambitions rest on somebody else's supply chain
EU firms capture less than 10% of the bloc's datacenter chips, server assembly, and cloud infrastructure markets
The Register6 min read
U.S. Intercedes for Elon Musk’s X Over European Fine
Federal officials asked to intervene in a case that accused the social media platform of allowing deceptive behavior on its site and resulted in a $140 million penalty.
New York Times AI1 min read
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