Europe and Middle East Trends
Europe and Middle East Trends
Europe and Middle East market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across European and Middle Eastern internet infrastructure markets. BTW.

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Europe and Middle East Cloud Services Trends
Levenue buys MidFunder to accelerate growth in Switzerland
Levenue, Europe’s largest revenue-based financing company, has acquired Zurich-based FinTech MidFunder, to accelerate its growth in Switzerland. Levenue acquires Switzerland financing company MidFunder Currently, Levenue is serving subscription-based companies in 16 Europe. The…

Europe and Middle East Cloud Services Trends
Artificial Intelligence Act: World’s first global AI law passed in EU
European Parliament has approved a comprehensive framework to address the risks posed by AI, marking a step in regulating AI tech globally.

Europe and Middle East Cloud Services Trends
NetCologne partners with BENOCS to bolster network analytics
Berlin, Germany, 12th March 2024 – NetCologne, an internet provider based in Cologne, Germany, has opted for BENOCS to enhance network analytics for its IP-network. With BENOCS’ assistance, NetCologne aims to optimise their network traffic, cutting costs and further enhancing…

Europe and Middle East Datacenter Trends
VIRTUS to build 100% renewable energy data centre in Buckinghamshire, UK
VIRTUS Data Centres (VIRTUS), an outstanding player in the UK’s data centre industry and a part of the ST Telemedia (STT) Global Data Centres Group, has revealed its ambitious plans for a advanced data centre campus in Saunderton, Buckinghamshire on 19 February, 2024. The new…

Europe and Middle East Cloud Services Trends
Epic Games won the legal battle with Apple and back to the EU app store
OUR TAKE:Apple’s decision to open the door for Epic Games in Europe reflects the growing pressure on tech giants to comply with antitrust regulations. While this move is a step towards fair competition, it also highlights the challenges Apple faces in maintaining its App Store…

Europe and Middle East Cloud Services Trends
Sam Altman’s Worldcoin ordered to cease data collection in Spain
On March 6, the Spanish Agency for the Protection of Data (AEPD) issued an order halting Worldcoin’s operations for three months.

Europe and Middle East Cloud Services Trends
Apple to appeal $2 billion EU antitrust fine in Spotify case
Apple, the tech giant, has been hit with a hefty fine of 1.84 billion euros ($2 billion) by the European Union for allegedly impeding competition from music streaming rivals through restrictions on its App Store. This marks the first time the iPhone maker has faced such a penalty…

Europe and Middle East Institutional Trends
UK to allow criminal crypto assets to be frozen without conviction
The United Kingdom government recently released a new statutory instrument that significantly broadens the scope of law enforcement’s authority to combat crypto-related crimes. Coming into effect at the end of April, this groundbreaking legislation permits UK law enforcement to…

Europe and Middle East Cloud Services Trends
Top tech news stories today: March 4, 2024
UK authorities will soon have fewer restrictions when seizing crypto, Alibaba price cut heats up cloud services market and other tech news.

Europe and Middle East Institutional Trends
Military observation satellites expected to launch by Poland
Poland plans to launch its first military observation satellite in 2025, utilizing radar and optical technology. Inspired by the experiences from Ukraine, Poland is concurrently developing space units to strengthen its military. An agreement has been signed between the Ministry…

Europe and Middle East Cloud Services Trends
Tech enthusiast transforms Wi-Fi toothbrush into playable Doom
Aaron Christophel, a skilled programmer and hardware enthusiast based in Germany, has ingeniously repurposed a Wi-Fi-enabled toothbrush into a gaming device capable of running the iconic first-person shooter game, Doom. Inspiration from a misleading report This intriguing project…

Europe and Middle East Cloud Services Trends
American Express launches ‘Plan It’ in the UK for personalised payment
The international financial services provider American Express has introduced “Plan It,” a new BNPL-like product for the UK market.

Europe and Middle East Cloud Services Trends
Feedzai teams up with UK Finance again in fraud battle
Feedzai, in partnership with UK Finance for the second year, is conducting a study on AI in financial fraud, the Annual Fraud Report 2024.

Europe and Middle East Cloud Services Trends
Improved permitting brings EU 2030 wind target within reach
In a recent report by WindEurope, the European Union’s ambitious wind power target for 2030 seems well within reach, thanks to a resurgence in investment and streamlined permitting procedures. The report outlines a positive outlook for the industry, forecasting an average annual…

Europe and Middle East Cloud Services Trends
France’s Mistral launches Le Chat to challenge ChatGPT
Mistral’s Le Chat, a new chatbot rivalling ChatGPT, offers both free and paid versions, with pricing based on token usage.

Europe and Middle East Cloud Services Trends
Saudi Arabia aims to build a global AI centre
Saudi Arabia’s PIF plans to establish the country as a global AI hub, leveraging energy resources and financial strength.

Europe and Middle East Cloud Services Trends
The EU is formalizing rules for taking CO2 out of the atmosphere
EU’s Milestone in Carbon Removal Technology Certification The European Union has reached an interim agreement to establish a pioneering certification process for technologies aimed at extracting carbon dioxide from the atmosphere. This significant move marks the first step…

Europe and Middle East Cloud Services Trends
Revolut takes action against Meta Platform scams
Revolut, a UK-based neobank, has introduced a fraud detection technology in an effort to better safeguard its customers.

Europe and Middle East Cloud Services Trends
Top tech stories today: February 20, 2024
Microsoft to expand its AI infrastructure in Spain, Porsche announced two new plug-in hybrid Panameras and other top tech news.

Europe and Middle East Cloud Services Trends
Europe’s Digital Services Act applies in full from February 18
The EU’s relaunched e-commerce rules are fully applicable from tomorrow, potentially setting new legal obligations on thousands of platforms and digital businesses. What is DSA The Digital Services Act (DSA) is a huge EU effort to establish an online governance framework for…
