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
Google uses AI to create search answers in UK trial
Google trials AI search answers in UK, sparking publisher concerns on site visits, while prioritising accuracy to combat bias.
Europe and Middle East Cloud Services Trends
Israel chipmaker Hailo raises $120M, brings value to $1.2B
Israel-based chipmaker Hailo has raised $120 million in a new funding round, valuing it at $1.2 billion, and released a high-performance generative AI chip, the company said on Tuesday. Hailo raises funds with strong support from key players in the industry Israel-based…
Europe and Middle East Cloud Services Trends
TikTok is bringing its dedicated STEM feed to Europe
TikTok extends its STEM feed to Europe, partnering with Common Sense Networks and Poynter to ensure content safety and reliability.
Europe and Middle East Cloud Services Trends
OVHcloud pioneers quantum computer to support Europe
OVHcloud brings together European quantum ecosystem to launch the first quantum computer commissioning for a European cloud service provider.
Europe and Middle East Institutional Trends
Musk’s xAI to launch an improved version of the chatbot Grok
Elon Musk’s AI startup is set to unveil an upgraded version of Grok, a competitor to OpenAI’s ChatGPT, as the global AI race intensifies further with growing interest in chatbots. xAI’s chatbot Grok In December, the startup rolled out Grok for Premium+ subscribers of X. According…
Europe and Middle East Cloud Services Trends
Top tech news stories today: March 29, 2024
Fallen ‘Crypto King’ Sam Bankman-Fried gets 25 years for fraud, MoneyGram teams up with Saudi fintech barraq and other tech news.
Europe and Middle East Cloud Services Trends
Using virtual reality to help Parkinson’s patients
Parkinson’s UK is promoting the use of virtual reality headsets to alleviate symptoms of the condition, including tremors, balance issues, and slow and stiff movements, by stimulating the body with adrenaline and dopamine. Jumping back in time Retired lecturer Keith Wilson, who…
Europe and Middle East Cloud Services Trends
MoneyGram collaborates with Saudi fintech barraq
MoneyGram International, Inc. (“MoneyGram” or the “Company”), a global financial technology company that connects the world’s communities, announced a strategic partnership with the innovative financial technology app barraq. The partnership makes the global remittance easier…
Europe and Middle East Cloud Services Trends
Ericsson to lay off 1,200 workers in Sweden
Network and telecom technology developer Ericsson unveiled plans to cut 1,200 employees from its Sweden operations in the wake of a drop in sales and profits. This follows last year’s much larger cut of 8,600 employees. The process The Stockholm, Sweden-based developer of…
Europe and Middle East Institutional Trends
UK fintech needs to be become ‘ubiquitech’ to benefit next generation
OUR TAKE:The report reveals the urgency of combining fintech with other sectors like healthcare and agriculture, through the digital economy. The UK has to perfect the legislation and investigation rules about fintech since the technologies are emerging at an astonishing speed.…
Europe and Middle East Cloud Services Trends
Top tech news stories today: March 22, 2024
Let’s dive into Goldman Sachs raises Arista Networks target, Apple’s legal case, UK fintech’s rise and CMC network’s satellite connectivity.
Europe and Middle East Cloud Services Trends
Micropayment and Tink join forces to expand payment options in Europe
Micropayment, a Berlin-based payment services provider, has forged a partnership with Tink, a platform specialising in payment services.
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…