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The Latest Breaking News on European tech

Wise shares tumble as forecasts disappoint analysts

London’s largest listed fintech today saw its biggest-ever single-day share drop after a surge in profits was eclipsed by an earnings forecast that fell short of analyst expectations.

Evening Standard

Startup claims it can boost any processor's performance by 100X — Flow Computing introduces its 'CPU 2.0' architecture

Flow Computing, a spinout from Finland’s acclaimed VTT Technical Research Center, says its Parallel Processing Unit (PPU) can enable '100X Improved performance for any CPU architecture.'

Tom’s Hardware

Zeekr Slashes Losses On 71% Revenue Jump After Tesla's Startup Rival More Than Doubed EV Sales

China's Zeekr trounced earnings and revenue estimates for the first quarter. But the new IPO stock fell.

Investors Business Daily

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The PwC scandal sparked scrutiny of advisory firms. Is Australia’s consulting sector about to see a reckoning?

Accountability and regulation are set to be prominent as the federal inquiry releases its final report on Wednesday

The Guardian - AU

Sir Patrick Vallance: Local authorities should pool pension funds to boost startup investment

The UK’s former chief scientific adviser has called on local authorities to pool their pension funds in order to more effectively deploy investment into higher-risk, fast-growth tech startups.

Evening Standard

French Tech Group Atos Picks Onepoint's Rescue Bid

Struggling French tech group Atos, an Olympics partner and key French defence contractor, said Tuesday it had chosen a takeover offer by a consortium led by its top shareholder Onepoint.

International Business Times

Proposals for 'Europe's largest data centre' in Havering opposed by residents 'on almost every level'

Straddling the boundary of Havering and Thurrock, the centre would include 40 hectares of data centre space

Evening Standard

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Best of Show 2024: The Winner’s Circle

Annual awards recognize innovation, excellence in media and entertainment technology

Multichannel News

Check Out Extron’s New ShareLink Pro 2000

Also, take a look at the new the DTP3 CrossPoint Series of configurable presentation matrix switchers.

AVNetwork

Why power and utilities sector leaders need to transform their management of critical operational risks

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

Comparing 2024 Growth in Uber (UBER) vs. Lyft (LYFT)

The tech industry is witnessing steady growth amid the growing popularity of cloud-based software and the escalating popularity of ride-hailing services. In such a scenario, let’s evaluate the growth potentials of two key players in this space: Uber Technologies (UBER) and Lyft (LYFT). Read on….

StockNews.com

SAIC (SAIC) Earnings: Will Defense Contracts Drive Future Growth?

Science Applications International (SAIC) reported strong financial results in the recently reported quarter. SAIC’s diverse portfolio, defense contracts with prestigious government organizations, strategic acquisitions, and technological innovation are key drivers of the company’s ongoing growth and success. So, should you buy this stock after its earnings? Read more to find…

StockNews.com

STMicroelectronics receives $2.2B to build the world’s first silicon carbide factory

The EU is investing in domestic chip production by investing €2B ($2.2B) in STMicroelectronics's ground-breaking silicon carbide facility.

Tom’s Hardware

3 Tech Stocks Under $10 With High Upside Potential

Given the surge in IT spending and growing demand for tech services, investors may find value in diversifying their portfolios with fundamentally strong tech stocks like Ricoh Company (RICOY), Ribbon Communications (RBBN), ON24, Inc. (ONTF), which are currently trading under $10. Continue reading….

StockNews.com

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International Business Times

African Tech Startups Cater To Continent's Needs

African startups, addressing overlooked needs, are putting the spotlight on a burgeoning tech scene, despite challenges like inequality and limited digitalisation.

The Guardian - UK

Next UK government should introduce scams legislation, says City lobby group

Group wants big tech social media firms to pay up to £40m a year to reimburse customers after years of shouldering cost of fraud

Autosport

Top five roles on Motorsport Jobs this week

McLaren Racing is accepting applications for their Early Career Pathways 2024 programme.

The Guardian - US

‘A fine line between humor and flopping’: tech summit’s rap battle is the height of corporate cringe

A Hamilton-esque performance extolling the virtues of design software was exactly the wrong kind of corny

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Kiplinger

Kiplinger Readers' Choice Awards 2024: Peer-to-Peer Payment Services

The winners of the Kiplinger Readers’ Choice Awards' best peer-to-peer payment services category. Our awards celebrate the very best products and services in personal finance.

Evening Standard

Billionaire Jack Ma-owned London fintech WorldFirst faces tribunal over harassment claim

An employee of billionaire Jack Ma-owned WorldFirst is taking it to an industrial tribunal over claims of harassment and discrimination after the London fintech was contacted by the information regulator over issues with data practices, the Standard can reveal.

RideApart

Energica And Siemens Are Still Working On Better EV Batteries

Energica and Siemens have extended their partnership for three years. The two companies make use of advanced software to run tests on EV batteries.

The Conversation

The government’s cash splash aims to kickstart Australia’s battery industry. Has it flipped the right switches?

Australia has a new National Battery Strategy, unveiled this week as a key part of the government’s Future Made in Australia agenda. The vision is for this country to be making batteries with secure supply chains by 2035.

Investors Business Daily

Chip Design Firm Synopsys Tops Forecast, Raises Outlook

Chip design software firm Synopsys delivered better-than-forecast results for its fiscal second quarter ended April 30.

AnandTech

TSMC's Roadmap at a Glance: N3X, N2P, A16 Coming in 2025/2026

As announced last week by TSMC, later this year the company is set to start high-volume manufacturing on its N3P fabrication process, and this will be the company's most advanced node for a while. Next year things will get a bit more interesting as TSMC will have two process technologies…

Investors Business Daily

Stealth AI Play Powell Industries, IBD Stock Of The Day, Lights Up Buy Point

Stock Of The Day: Electrical equipment firm Powell Industries is making inroads in the AI-fueled data center market. POWL stock is past a buy zone.

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