EV startup Volta Trucks files for bankruptcy amid battery supply woes


Sometimes, despite the best of plans and intentions, businesses don’t make it. Unfortunately, this is true also for those who hope to change the world for the better. Earlier today, Swedish electric lorry startup Volta Trucks announced it had filed

UK plan to lead in generative AI ‘unrealistic,’ say Cambridge researchers


The British government’s aim to turn the UK into a global leader in the development of generative AI is “unrealistic,” researchers at the University of Cambridge argue. According to the associated report, the country lacks both the necessary capital investme

TikTok complies with EU demands against Israel-Hamas disinformation


TikTok said on Sunday that it had taken action against disinformation, following EU demands after Hamas’ attack on Israel. On Thursday, Thierry Breton, the bloc’s chief of the internal market, gave the platform a 24-hour deadline to introduce measures that c

Google to pay €3.2M yearly fee to German news publishers


Google has agreed to pay German publishers €3.2mn per year for publishing their content on its News search engine. The compensation is part of an interim agreement between the tech giant and Corint Media, pending a decision by the German Patent and Trademark

GG Microsoft! UK clears $69B Activision Blizzard deal


After a lengthy process of regulatory scrutiny, the biggest deal in gaming history finally has the all-clear. Today, the final hold-out in the saga, the UK’s CMA, said it had approved Microsoft’s acquisition of Activision Blizzard, after the parties had made

VC funding in Europe rose in Q3 2023, but favoured late-stage startups


In the third quarter of 2023, European startups raised $16.4bn (€15.6bn) in VC funding — a 28% increase quarter over quarter. The findings are based on an analysis by Crunchbase, which also unveiled that the fresh capital has mostly favoured late-stage round

New technique makes AI hallucinations wake up and face reality


Chatbots have an alarming propensity to generate false information, but present it as accurate. This phenomenon, known as AI hallucinations, has various adverse effects. At best, it restricts the benefits of artificial intelligence. At worst, it can cause rea

German anti-racism agency quits X amid Israel-Palestine disinformation wave


Germany’s federal anti-discrimination agency (FADA) said Wednesday it was quitting X, formerly known as Twitter, due to an “enormous rise” in hate speech.  “Due to the enormous rise in anti-trans and queer rhetoric, racism, m

Europe outpaces US and China in hydrogen investment, says EU president


From transportation to heavy industries, clean hydrogen has emerged as a key element in the transition to climate neutrality — and the EU wants to ensure that the fossil-fuel alternative joins its arsenal. In a speech to representatives of hydrogen’s en

Taiwan’s semiconductor suppliers plan to invest in European chip factories


Amid the global race for semiconductor chips, Taiwanese suppliers are considering investing in Europe, the Financial Times reports. “We are planning investments in Germany, and the European market is going to be ours,” Vincent Liu, president and chief exec


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