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The Next Web
Thomas Macaulay @ The Next Web · 01/10/2024 05:57 EDT

EU joins UK in scrutinising OpenAI’s relationship with Microsoft

Antitrust regulators in the EU have joined their British counterparts in scrutinising Microsoft’s alliance with OpenAI. The European Commission, the bloc’s executive arm, said on Tuesday that it’s “checking whether the partnership should be reviewed under the EU Merger Regulation.” If such a review is required, it could put the multibillion-dollar deal in danger. The EU’s announcement comes just weeks after British regulators made a similar move. In December, the... Read more

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The Next Web
Amanda Kavanagh @ The Next Web · 01/10/2024 05:04 EDT

These are the most stable tech sectors for job seekers in 2024

Instability is at the heart of technology, as new innovations constantly change the game. However, the last couple of years have been especially volatile as interest rates rose, VC funding free-for-alls dried up, and mass layoffs began.  Now things are beginning to stabilise, and organisations are hiring more strategically, jobs across tech sectors are a safer bet. Here’s where savvy job seekers are looking in 2024. AI The chaotic CEO... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 01/10/2024 04:00 EDT

Belgian fund secures €4.8M first-close to boost local startups

Syndicate One, a Brussels-based angel investment group, has completed an initial €4.8mn close of its debut fund, after opening its capital to external investors for the first time in 2023. A second close is planned for early 2024. The capital will be used to further the group’s mission: boosting Belgium-based and Belgium-founded tech startups that show high potential. The early-stage investment group was launched in 2022 and draws from a... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 3 place · 01/09/2024 12:30 EDT

How this startup uses AI to give speech-impaired people their voice back

There is big tech — and then there is smaller tech with big impact. Dutch AI startup Whispp is using assistive voice technology to convert speech diminished by ailments such as stuttering, throat cancer, vocal cord paralysis, and ALS, into the person’s original, natural voice. The startup, based in Eindhoven, just secured a €750,000 seed funding round led by LUMO Labs to launch its assistive voice technology and its first... Read more

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The Next Web
Thomas Macaulay @ The Next Web · 01/09/2024 12:17 EDT

Dutch online supermarket Picnic bags €355mn after international expansion

Dutch online supermarket Picnic has bagged a cool €355mn in funding after a year of international expansion, the company announced today. The grocery delivery service launched in the Netherlands back in 2015, before later entering France and Germany. Picnic said that the expansion across Europe helped the business grow by 40% in 2023. Turnover for the year reached an estimated €1.25bn. A particularly thriving new market is Hamburg, which hit... Read more

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The Next Web
Hani Hagras @ The Next Web · 01/09/2024 10:00 EDT

The five biggest artificial intelligence trends for banking in 2024

AI is fast becoming a game-changer for banks, and 2023 saw a greater integration of these tools, especially in areas such as fraud detection and customer experience. The data-driven nature of the banking industry provides exactly the right environment for rapid and effective AI deployment.  As we enter 2024, it is likely that there will be expeditious growth in both adoption and effectiveness in the areas where it is already... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 01/09/2024 06:59 EDT

This spectrometer was set to be the first-ever European tech on the moon. But it might never get there

A US rocket carrying the first ever European-built tech set to land on the moon successfully launched in the early hours of Monday morning. Known as an Exospheric Mass Spectrometer (EMS), the tech is a crucial component of the Peregrine Lunar Lander. Yesterday, the lander was propelled into space aboard a Vulcan rocket from Cape Canaveral space station. The EMS will explore the Moon’s atmosphere, by measuring water and other... Read more

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The Next Web
Callum Booth @ The Next Web 2 place · 01/09/2024 06:00 EDT

Sideloaded app stores are coming to iOS in the EU: Here’s how they’ll work

Readers, it’s happening: Apple will soon allow iOS users to sideload app stores in the European Union (EU). This will enable consumers to access software through other means than Apple’s App Store — and this move could have huge implications not only for the company, but also for Europe’s consumer and business markets. While the specific date for sideloading is unconfirmed, the rumours predict this will happen at some point... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 3 place · 01/08/2024 10:37 EDT

How geothermal energy from old coal mines could heat UK homes

The same tunnels used to extract fossil fuels for centuries are now helping to heat British homes with clean energy from the Earth’s core. It’s called mine water heating and it has the potential to provide critical warmth to hundreds of thousands of homes in the country’s north. At least one quarter of UK homes sit above abandoned coal mines. Residents in these towns and cities concurrently grapple with skyrocketing... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 3 place · 01/08/2024 09:56 EDT

Dutch startups created 151K jobs in the Netherlands in 2023

The Netherlands is among Europe’s biggest tech ecosystems, not only driving innovation but employment as well. According to a report by Dealroom, in 2023, Dutch startups created 256,000 jobs globally and 151,000 jobs spread across over 50 cities in the country. Age and size matter Last year marked the first time that startups founded between 2011 and 2017 offered as many jobs as companies founded up to 2005, including early... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 1 place · 01/08/2024 05:33 EDT

UK pours £330M into nuclear fuel to cut energy reliance on Russia

The UK will become the first European country to launch a programme for high-tech uranium production — aiming to cut reliance on imports from Russia for the development of next-gen nuclear reactors. Specifically, the government is investing £300mn (€348mn) in high-assay low-enriched uranium (HALEU) in a bid to “push Putin out of the global energy market.” HALEU — which is currently commercially produced only in Russia — is necessary to... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 1 place · 01/05/2024 09:11 EDT

How the Ukrainian startup behind astrology app Nebula is thriving despite the war

Running a tech startup is a challenging endeavour under any circumstances. Imagine doing it under invasion with air raid sirens going off on average twice every 24 hours — and managing to grow 250% in the process.  This is the story of OBRIO, a Ukrainian startup behind the successful astrology app Nebula. Speaking to TNW from his apartment in Kyiv just before the turn of the year, founder and CEO... Read more

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The Next Web
Andrii Degeler @ The Next Web 2 place · 01/05/2024 06:29 EDT

TNW Podcast: Tomas Hrozensky (ESPI) on policy in space

 In this bonus episode of the TNW Podcast, we’re featuring an interview with Tomas Hrozensky, Senior Researcher and Lead on European Engagement at the European Space Policy Institute. We discussed how space policy actually works (and whether it works at all), what to expect from the EU space law that’s being developed as we speak, and much more. Listen to the episode with the player above — or, better... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 01/05/2024 04:12 EDT

Why sexual assaults in the metaverse are so hard to prosecute

Britain’s first police investigation into a “virtual rape” has little chance of leading to a prosecution, according to legal experts. The victim of the alleged assault was a girl aged under 16. According to a report this week in the Mail Online, the child was wearing a VR headset and playing a video game when a group of adult men “sexually attacked” her avatar.  Although there was no physical injury,... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 01/04/2024 07:13 EDT

This claims to be the ‘world’s most advanced pen’ that digitises handwriting

Dutch startup Nuwa claims to have invented the “world’s most advanced pen” that digitises notes written by hand. Nuwa plans to launch the device this March. The Groningen-based company today announced a fresh cash injection of €1.5mn to boost the development of the product, which uses an inbuilt camera system, motion sensors, and algorithms to capture text written on paper. “Just write, and Nuwa Pen digitises,” Marc Tuinier, Nuwa’s CEO,... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 01/03/2024 11:21 EDT

Yes, facial verification could replace passports at UK airports — but not in 2024

Britain is set to test facial verification tech that removes the need for passports, but experts have dashed hopes of a full launch this year. The project was unveiled this week by Phil Douglas, the director-general of the UK’s Border Force. Douglas told the Times that he aims to install new e-gates at airports that create an “intelligent border.” By integrating enhanced facial verification, the system would make physical travel... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 3 place · 01/03/2024 11:08 EDT

New method could make EV motors circular, reducing raw material imports

With more and more EVs on the road, the need for battery recycling and reuse has emerged as a necessity to further enhance the sustainability of these vehicles. But there’s another component whose potential for a second life could be a game changer: the electric motor.  Extending the use phase of electric motors is crucial for two reasons. Firstly, they contain valuable raw materials such as copper and rare earth... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 1 place · 01/03/2024 08:33 EDT

Women in European tech earn 26% less than men, report finds

Although the EU introduced the equal pay for equal work principle in 1957, the gender pay gap stubbornly persists — 67 years later. Women in the block earn on average 12.7% less than their male counterparts. Unsurprisingly, the gender pay gap more than doubles in the tech sector. According to a report by compensation platform Ravio, the European median reaches 26% with variations across countries. For example, it stands at... Read more

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The Next Web
Andrii Degeler @ The Next Web 2 place · 01/03/2024 07:41 EDT

TNW Podcast: Marjut Falkstedt on EIF’s future; brain-computer utopia and autonomous cars

Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Andrii and Linnea talk about brain-computer interfaces, autonomous cars in the UK, cybersecurity safewords, Benford’s law — and many things in between. In the interview section, we’re featuring a conversation with... Read more

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The Next Web
Thomas Macaulay @ The Next Web 1 place · 01/03/2024 06:51 EDT

The US hosted 109 orbital launches in 2023. Europe managed just 3

A world record of 210 successful orbital launches was set in 2023, but Europe has slipped further behind the global leaders. The continent contributed just three of the year’s launches — its lowest total since 2004. It’s a figure that pales in comparison to several individual nations. The US alone had 109 successful orbital launches — the most a single country has ever completed. The previous record holder was the... Read more

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