Europe

Apple adds 650 megawatts of renewables in Europe with more coming in China

Apple announced Tuesday that it had signed contracts for 650 megawatts of renewable power in Europe. This includes wind and solar projects that are either operational or will be soon. A large chunk of the power they’ll produce will go toward offsetting the energy use by Apple customers. Use of everything from Mac Pros to […]

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European airports still dealing with disruptions days after ransomware attack 

A ransomware attack against Collins Aerospace, a company that provides check-in systems to several airports in Europe, is still causing disruptions across the continent for the fourth day in a row.   As of this writing, according to FlightRadar24, a website that monitors air traffic live, London’s Heathrow airport has 90% of flights delayed, with

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EU cyber agency confirms ransomware attack causing airport disruptions 

The airport disruptions across Europe that began over the weekend were caused by a ransomware attack, according to the European Union’s cybersecurity agency ENISA on Monday.   “ENISA is aware of the ongoing disruption of airports’ operations, which were caused by third-party ransomware incident. At this moment, ENISA cannot share further information regarding the cyberattack,”

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Dawn Capital’s Shamillah Bankiya breaks down the state of the Euro venture market

Dawn Capital’s latest partner, Shamillah Bankiya, stopped by Equity this week to talk about the European landscape and the biggest misconceptions Americans have about the European startup world.  Dawn Capital is a marquee firm in the UK with more than $2 billion in AUM, 34 exits, and 11 unicorns. Names in the portfolio consist of

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Why European founders are winning (and it’s not about working less)

Europe’s startup scene is having a moment, with European unicorns multiplying and American VCs setting up shop across the pond. But while European funding dominates the early stages, late-stage capital still flows primarily from the U.S. So what does this mean for European founders, and how is the continent carving out its own identity in

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Lyft and China’s Baidu look to bring robotaxis to Europe next year

Lyft’s European expansion will include Chinese-made robotaxis. The U.S. ride-hailing company announced Monday it has made a strategic partnership with Baidu to deploy the Chinese tech giant’s Apollo Go autonomous vehicles across several European markets. The companies want to launch robotaxi services in Germany and the United Kingdom in 2026, pending regulatory approval. If approved,

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Neobank Revolut seeks $65B valuation, a year after its $45B deal

Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports.  The UK-based company is reportedly in talks to raise around $1 billion by issuing new shares and selling existing ones. The US-based firm Greenoaks is said to be leading the round,

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Researchers confirm two journalists were hacked with Paragon spyware

Two European journalists were hacked using government spyware made by Israeli surveillance tech provider Paragon, new research has confirmed.  On Thursday, digital rights group The Citizen Lab published a new report detailing the results of a new forensic investigation into the iPhones of Italian journalist Ciro Pellegrino and an unnamed “prominent” European journalist. The researchers

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Paragon says it canceled contracts with Italy over government’s refusal to investigate spyware attack on journalist

Spyware maker Paragon accused the Italian government of refusing its help in investigating whether a journalist was spied on with its technology, according to a statement on Monday.  In the statement first reported by Haaretz, Paragon claimed it was this refusal that prompted the company to cut ties with its Italian government customers.  “The company

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Litehaus raises €1.46M pre-seed to build home-building platform

All Thibault Launay and his wife Simi wanted nearly five years ago was to build a dream home in Portugal, where they both now live.  But what they encountered instead was a broken system. “Fourteen months of delays, 20% budget overruns, and endless stress managing over 10 subcontractors,” Thibault recalled. They bought the land in

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