News - For Consumers
Daily digest of all European digital development news
We thought tracking an iPhone only helped its owner: it ended up revealing a network that smuggled thousands of phones
The tracking of a stolen iPhone in London led to the uncovering of a smuggling network that transported thousands of mobile devices from the UK to Asia. The Metropolitan Police initiated an investigation after tracing a stolen iPhone to a warehouse near Heathrow Airport, where they discovered a shipment of approximately one thousand phones destined for Hong Kong....
"These are things a university student would get into trouble for": Deloitte gave Australia a report made with AI
Deloitte, a consulting firm, delivered a report to the Australian government's employment department that was generated using AI. The report, published in July, contained numerous errors, including fabricated citations and references to non-existent studies, according to a University of Sydney researcher....
Justice sides with Holaluz employees: there were no grounds to eliminate telecommuting
The Barcelona-based energy company Holaluz was found guilty by the Social Court No. 21 for eliminating remote work for its entire workforce....
Five years ago, he worked from his bathroom on the verge of ruin. Today, he runs a company valued at 8 billion.
Polymarket, a prediction market platform founded in 2020, has reached an $8 billion valuation. This comes after an investment from Intercontinental Exchange (ICE), the owner of the New York Stock Exchange....
Cybersecurity Services Certification Scheme now available
O Esquema de Certificação de Serviços de Cibersegurança, desenvolvido pelo CNCS, está agora disponível. Este esquema visa identificar e valorizar os serviços de cibersegurança....
Report: EU nearing agreement with Apple and Meta in App Store dispute
The European Commission is reportedly close to reaching a resolution with Apple regarding the Digital Markets Act (DMA). This follows the initiation of proceedings against the tech giant over its app store practices....
Cisco: New Router for Distributed AI Workloads
Cisco introduced the new 8223 router and Silicon One P200 network processor. The new hardware is designed to simplify the construction of scalable AI networks....
How to stay ahead of NIS2 and the latest EU cybersecurity rules
The EU's cybersecurity regulatory landscape is evolving, with businesses needing to stay informed on the latest developments. Legal expert Ricky Kelly from RDJ provides insights into the current state of cyber regulations....
Digital Services Act: How Wikimedia manages to meet the requirements of the EU
The Digital Services Act (DSA) of the EU is impacting online platforms, with specific obligations for very large online platforms and search engines. The DSA aims to give users more rights and curb the spread of illegal content and services....
From community roots to AI ambitions: byFounders shapes the 'New Nordics’ next chapter
byFounders, a venture capital fund based in Copenhagen, is shaping the future of tech in the Nordics and Baltics. It focuses on early-stage startups, with initial investments between €500,000 and €4 million....
Phagos gets €25M boost to combat bacterial diseases
Phagos, a Paris-based biotechnology company, secured €25 million in Series A funding. The company, founded in 2021, utilizes artificial intelligence to develop bacteriophage therapies aimed at combating bacterial diseases, initially focusing on animal health....
Cyberwave raises €7M to make the physical world programmable
Cyberwave, a Milan-based company, secured €7 million in funding, spearheaded by United Ventures, to create an operational layer connecting AI agents and real-world machines. Their platform leverages digital twins, simulation, and orchestration tools, streamlining the control of robots, machines, and sensors for developers....
Cyberwave raises €7M to make the physical world programmable
Milan-based Cyberwave secured €7 million to build an operating layer for AI agents interacting with real-world machines. The platform uses digital twins and orchestration tools, aiming to streamline AI-driven automation for developers across various sectors.
Cyber Resilience Act: BSI becomes market surveillance authority
The German Federal Office for Information Security (BSI) will be the market surveillance authority for the Cyber Resilience Act. This act introduces minimum requirements for the IT security of networked devices....
Nexcade exits stealth with $2.5M to automate global freight forwarding
London-based Nexcade, an AI automation company for freight forwarders, has emerged from stealth with $2. 5 million in pre-seed funding....
Energy Robotics raises $13.5M to bring autonomous inspection to critical infrastructure
Energy Robotics, a company focused on autonomous inspection using robots and drones, secured $13. 5 million in Series A funding....
Deep Tech Momentum secures €1M to accelerate Europe’s sovereign tech ambitions
Deep Tech Momentum secured €1 million to boost Europe's deep tech ecosystem via its marketplace connecting startups, investors, and corporate leaders. The platform focuses on six niches, including computing, and hosts an annual invite-only conference in Berlin.
Deep Tech Momentum secures €1M to accelerate Europe’s sovereign tech ambitions
Deep Tech Momentum, a pan-European deeptech marketplace, has secured €1 million in funding. The platform, founded in 2022, aims to accelerate Europe's deeptech ecosystem....
Resourcly raises €2.7M to turn hidden inventory into profit
Germany's Resourcly, an AI platform for manufacturers, secured €2. 7 million in seed funding....
Resourcly raises €2.7M to turn hidden inventory into profit
German AI platform Resourcly secured €2. 7 million to help manufacturers unlock profit from hidden inventory....