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The Latest Breaking News on European tech

Battery Maker Northvolt To Cut Jobs, Slash Operations

Beleaguered Swedish electric car battery maker Northvolt said Monday it would cut its workforce as it scales back operations to focus on its main gigafactory in Sweden.

International Business Times

Telegram chief’s arrest sends a clear message: tech titans are not above the law

The detainment of the murky messaging service’s founder in France shows the online moguls can no longer act with impunity

The Guardian - UK

Telegram CEO Pavel Durov hits out at ‘misguided’ arrest

Tech founder says French authorities are putting innovation at risk in first public comments since his detention.

Al Jazeera

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Werner Brell named CEO of Motorsport Network

New York, NY, September 5, 2024 -- Motorsport Network announces today that Werner Brell has been named CEO. His appointment is effective October 1st. Brell will be based in New York and report to the Board of Directors, chaired by Gary Fegel, founder and principal of GMF Capital (“GMF”). GMF…

Autosport

Blackstone-led Consortium Nears $13.5B Deal To Buy Australia's AirTrunk: Report

Blackstone consortium is inching its way closer to acquiring AirTrunk in $13.5 billion deal.

International Business Times

3 Tech Stocks Under $10 With Massive Upside Potential

The technology industry is well-positioned for significant growth thanks to the growing popularity of software tools and platforms. Amid this backdrop, it could be wise to buy under $10 tech stocks, Sprinklr (CXM), Sabre Corp (SABR), and Enfusion, Inc. (ENFN), with significant upside potential. Continue reading….

StockNews.com

Tech giant to pursue £3bn claim against Mike Lynch’s family after yacht death

Hewlett Packard Enterprise is due to receive damages after winning a civil case against Dr Lynch in the UK’s High Court

The Independent UK

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Tech titans defy calls for stricter social media moderation amid global controversies

From censorship controversies to court battles over viral challenges, the fight over online content control is heating up

Evening Standard

'It's Unprecedented, Even For A Startup': 18 Staff Quit Meghan Markle's Company As She Struggles To Find A CEO, Report

Meghan Markle's American Riviera Orchard faces challenges as the company struggles to find a CEO and lost several staff members.

International Business Times UK

Telegram founder Pavel Durov banned from leaving France as authorities step up criminal probe

A judge has found there are grounds to formally investigate the tech billionaire on all the charges for which he was arrested

The Independent UK

Who is Pavel Durov? Co-founder of Telegram app says he's fathered 100 kids

Here’s a closer look at the eccentric tech founder’s life and work

Evening Standard

Executive Q&A: Keeping Up with KVM

IHSE's president and CEO, Manny Patel, explores Pro AV's shift toward display management systems.

AVNetwork

Messaging App Telegram says founder Pavel Durov has 'nothing to hide' after French arrest

The statement follows the reported arrest in France of the Russian businessman

Evening Standard

Mike Lynch net worth: How the billionaire made his money

Mike Lynch was frequently described as the Bill Gates of Britain for founding Autonomy – one of the biggest software firms on the planet

The Independent UK

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StockNews.com

2 Emerging Market Stocks to Buy for Global Exposure

Emerging markets have long been the engine of global economic growth, offering vast opportunities and presenting unique challenges. Therefore, investors could consider buying fundamentally sound Petróleo Brasileiro S.A. (PBR) and Vale (VALE) for global exposure. Read on….

StockNews.com

Marqeta vs. BILL Holdings: Which Payment Solution Stock Is More Promising?

The payment solution industry is well-positioned for significant growth due to the growing demand for efficient payment solutions. So, let’s analyze payment solution stocks, Marqeta (MQ) and BILL Holdings. (BILL), to determine which stock is more promising. Read on.

StockNews.com

3 Emerging Tech Stocks That Could Be the Next Big Thing

With evolving requirements, the growing popularity of data management software, and growing spending, the software industry is experiencing strong development. Thus, fundamentally sound software stocks Datadog (DDOG), Dynatrace (DT), and Asana (ASAN) could be ideal buys. Keep reading.

The Independent UK

Who were the 22 people on Mike Lynch’s Bayesian yacht when it sank in Italy?

A UK inquest has begun into the deaths of tech billionaire Mike Lynch and three other British nationals

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The Guardian - UK

Who was Stephen Chamberlain, colleague of Mike Lynch who died after road collision?

Co-defendant in US fraud trial following sale of Autonomy to HP had been out jogging in Cambridgeshire

AAP

Execs raided in Fortescue's 'industrial-scale debacle'

Fortescue is accused of falsely painting two scientists as "nefarious" to get court approval to raid their homes after allegedly stealing confidential secrets.

The Guardian - US

Boomers are selling businesses to millennials in a generational handover

Despite interest rates being at a 20-year high, sales of small businesses are strong, and may continue for years

StockNews.com

3 Strong Buy-Rated Industrial Stocks Under $10

With ongoing innovations boosting efficiency, the opportunities for growth in the industrial sector are robust. Therefore, it could be wise to add fundamentally strong yet affordable industrial stocks NL Industries (NL), Alpha Pro Tech (APT), and Team, Inc. (TISI), which are trading under $10. Read on….

International Business Times

X Ordered To Pay $600,000 For Unfair Dismissal Of Employee Who Didn't Reply To Musk's 'Hardcore' Email

Gary Rooney used to work at the European headquarters of X in Dublin as a director of "source-to-pay," which was a procurement role.

Tech&Learning

PRODUCT SPOTLIGHT: Empowered360 Revolutionizes Chromebook Management with Self-Repair Platform

The Independent UK

Not On The High Street: bringing diversity to British retail by championing small businesses

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