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The Latest Breaking News on European tech

Australian federal police begin search of PwC headquarters amid tax leaks scandal

Chief executive says company is cooperating with the investigation, which is related to individuals who have left the firm

The Guardian - AU

Volvo Cars to buy out Northvolt from jointly owned gigafactory in Sweden

Plans are further blow to Europe’s hopes of creating a homegrown electric car battery

The Guardian - UK

India’s Ultraviolette F77 Now Has European Certification, But There’s a Problem

We’ve seen a lot of electric motorcycle companies rise, make it to the big leagues, then eventually fall. Look no further than the likes of Energica, CAKE, and Sondors, three EV motorcycle startups that seemed like they had things figured out. Ultimately, however, things didn’t go in their favor, and…

RideApart

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read the most diverse news in one place.

Fintech founders warn poor regulation threatens London's world leading status

Founders have warned Rachel Reeves not to raise capital gains tax in the Budget in a way that “harms UK competitiveness”.

Evening Standard

Nvidia's future Blackwell Ultra GPUs reportedly renamed to the B300 series

Nvidia will reportedly rename its Blackwell Ultra GPUs for AI and HPC to the B300 series to better differentiate them from existing offerings.

Tom’s Hardware

Wise boss fined £350,000 for not telling FCA he had failed to pay tax

Kristo Käärmann failed to notify City regulator of fine from HMRC related to share sale

The Guardian - UK

Wise boss Kristo Käärmann fined £350,000 by City watchdog over tax blunder

Fintech boss failed to tell the FCA about his earlier fine from HMRC for failing to disclose a CGT liability

Evening Standard

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Dean Forbes tops 2025 Powerlist as UK’s most influential black person

CEO of tech company Forterro, who was homeless as a teenager, replaces Edward Enninful in the top spot

The Guardian - UK

Tech entrepreneur who was homeless as teen named Britain’s most influential Black person

The tech executive and philanthropist tops The Powerlist 2025

The Independent UK

Rapha reports £21m annual loss with fewer new customers and RCC members as industry turbulence rages on

Seventh year in the red for the mainstay British brand in 2023

Cycling News

WiseTech Global billionaire CEO Richard White steps down as company rocked by allegations of secret affairs

The Australian founder has seen his reputation and fortune hammered by claims including sex in exchange for investment and houses bought for lovers

The Guardian - AU

Aussie shares gain ground but Wisetech, MinRes tank

The ASX200 has closed 0.7 per cent higher, overcoming double-digit losses for both Wisetech Global and Mineral Resources.

AAP

Quarter of UK summit investment came before Labour win, analysis suggests

Ministers heralded ‘record-breaking’ £63bn total at London event but £16.5bn appears to have preceded July election

The Guardian - UK

3 Cloud Computing ETFs for the Future of Tech

The future of the cloud computing market appears bright due to accelerated adoption, rising global spending, and increased investments in innovation, particularly in AI. Therefore, investors should consider top ETFs like the Global X Cloud Computing ETF (CLOU), WisdomTree Cloud Computing Fund (WCLD), and First Trust Cloud Computing ETF (SKYY).…

StockNews.com

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Tom’s Hardware

ASML loses $75.7 billion market cap from updated sales projections, likely due to lower demand from China and delayed Intel fab

ASML lowers its 2025 outlook because of normalization of demand from China, Intel's delay of European fabs, and overall spending in the semiconductor sector.

The National (Scotland)

Major European company purchases historic Scottish business

A MAJOR European logistics company has bought a stake of a historic Scottish company for £60 million.

The National (Scotland)

Scotland's first chief entrepreneurial officer resigns amid 'right-wing attacks'

SCOTLAND'S first chief entrepreneurial officer has resigned, saying that attacks from right-wing politicians and the media became…

Tom’s Hardware

Nvidia contributes Blackwell platform design to the Open Compute Project — members can build their own custom designs for Blackwell GPUs

Nvidia teams up with Vertiv for GB200 NVL72 reference design for OCP.

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news in one place.

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RideApart

EV Motorcycle Maker Energica Sure Seems Like It's Going Bankrupt

Energica Motor Company is facing pressure as its workers strike to figure out what their future holds. The electric vehicle company's outlook is beginning to look dire.

The National (Scotland)

Easdales acquire massive site as property empire grows to £800m

Billionaire brothers Sandy and James Easdale, owners of McGill's Buses, have acquired a massive former manufacturing site in Greenock.

Evening Standard

Where is the UK investment summit? Sir Keir Starmer to welcome CEOs to London with King to give reception

Investment in the UK will be on the agenda, with speakers from the NHS, Google and numerous insurance companies

The Guardian - UK

Elon Musk was not barred from UK investment summit, says cabinet minister

SpaceX owner would be invited in future if he had investment streams the UK could bid for, says Peter Kyle

The Guardian - UK

Over £60bn of pledges announced at UK’s investment summit – as it happened

Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy

Evening Standard

I fear Labour's Employment Rights Bill will stifle business growth not nuture it

UK companies need policies that promote innovation, flexibility, and competitiveness or we will lose ground in the global marketplace.

The Independent UK

Government apologises for accidentally leaking email address of one of world’s richest men

Department for Business and Trade has referred itself to the data protection watchdog over ‘human error’

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