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The Latest Breaking News on European tech

CEO of Blyth battery plant Britishvolt steps down from business

Founder of Britishvolt Orral Nadjar says that 'now is the right time' to leave the company

Chronicle Live

CEO of battery plant firm Britishvolt steps down in management shake-up

Orral Nadjari says that 'now is the right time for me to pass the reins' amid news that work in Blyth is limited for six months

Birmingham Post

Hull retail marketing specialist behind Ikea, Joules and Ann Summers bought out by managing directors

Hull agency Summit had been part of TCC Global for seven years

Birmingham Post

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Atlas Cloud moves to Newcastle city centre base following new client wins

The move to new hybrid co-working offices come as the firm welcomes several new members of staff

Birmingham Post

Welsh firms lagging behind UK as a whole in grant funding from Innovate UK

Catax has looked at funding across the UK from Innovate UK

Birmingham Post

Brazil to open South America’s first ‘digital nomad village’

Brazilian government hopes the project will boost the local economy by £30 million a year

The Independent UK

Mercedes-Benz Expands Its Battery Supply Partnership With CATL

Mercedes-Benz announced expansion of the battery supply partnership with CATL and large contract for batteries from the upcoming plant in Hungary.

InsideEVs

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CATL Will Build Massive 100 GWh Battery Plant In Hungary

Contemporary Amperex Technology Co., Limited (CATL) officially announced today a massive new battery plant investment in Europe.

InsideEVs

Edinburgh data firm acquires bill management tech

It will now be repurposed to support a business-to-business engagement platform

Insider UK

Europe: NIO Will Produce Battery Swap Stations In Hungary

NIO announced the upcoming launch of production of EV battery swap stations in Hungary. It will be the company's first overseas plant.

InsideEVs

Klarna’s valuation plummets amid criticism of 'Buy Now Pay Later' schemes

The company's dealing with competition, public scrutiny, and stingier shoppers.

Input

Klarna’s road ahead looks a little harder this year

With Apple set to enter the market and shrinking appetite for tech stocks the future looks less rosy for buy now, pay later firm

The Guardian - UK

Klarna sees its value slashed by 85% in latest round of fundraising

‘Buy now, pay later’ firm, once Europe’s most valuable private tech company, valued at less than $7bn

The Guardian - UK

Northvolt Raised $1.1 Billion To Support Expansion In Europe

Northvolt announced the signing of a $1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe.

InsideEVs

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Birmingham Post

The 13 UK tech firms with valuations of more than $10bn

New figures also show the value of the UK's tech has reached $1 trillion

Insider UK

Scotland leading the way as UK tech ecosystem reaches $1 trillion valuation

Tech start-ups from Edinburgh and Glasgow have raised £115m of investment already this year

Daily Mirror

Britain's youngest billionaire nets another £100million from viral business idea Hopin

Manchester University graduate Johnny Boufarhat, 27, launched video conferencing app Hopin in 2020, after Britain was pushed into its first mandatory Covid lockdown

The Guardian - UK

Checkout.com becomes UK’s most valuable fintech at $40bn

London-based firm founded by Swiss surfing enthusiast Guillaume Pousaz overtakes worth of rival Revolut

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ABC News

Defence renews storage deal with Global Switch, years after Government vowed to ditch Chinese-owned firm

Federal MPs are alarmed the Defence Department has quietly extended a contract with Chinese-owned company Global Switch to continue storing data in its Sydney facilities, despite a push to end the arrangement by 2020.

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