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European tech funding declines for third consecutive year — but the sector is finally stabilizing

European tech funding declines for third consecutive year — but the sector is finally stabilizing

On Monday, British tech lobby group Startup Coalition warned in a blog post that there was a risk Reeves’ tax plans could result in a tech “brain drain.”. (Photo by Oli Scarff/Getty Images) Oli Scarff | Getty Images Venture capital investment in European technology startups is projected to decline for a third straight year, according […]

European tech funding declines for third consecutive year — but the sector is finally stabilizing Read More »

Fintech unicorns are watching Klarna’s debut for signs of when IPO window will reopen

Fintech unicorns are watching Klarna’s debut for signs of when IPO window will reopen

Hiroki Takeuchi, co-founder and CEO of GoCardless.  Zed Jameson | Bloomberg | Getty Images LISBON, Portugal — Financial technology unicorns aren’t in a rush to go public after buy now, pay later firm Klarna filed for a U.S. IPO — but they’re keeping a watchful eye on it for signs of when the market will

Fintech unicorns are watching Klarna’s debut for signs of when IPO window will reopen Read More »

Super Micro hires new auditor to maintain Nasdaq listing; shares pop 23%

Super Micro hires new auditor to maintain Nasdaq listing; shares pop 23%

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.  Annabelle Chih | Bloomberg | Getty Images Embattled server maker Super Micro Computer said on Monday that it’s hired BDO as its new auditor and submitted

Super Micro hires new auditor to maintain Nasdaq listing; shares pop 23% Read More »

Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO

Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO

Kelly Steckelberg attends as the John Ritter Foundation for Aortic Health hosts an Evening from the Heart LA 2022 Gala at Valley Relics Museum on May 05, 2022 in Van Nuys, California. Araya Doheny | Getty Images Canva, a high-valued design software startup that competes with Adobe, said Monday that it hired Kelly Steckelberg as

Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO Read More »

Cloud software company ServiceTitan files to go public on Nasdaq

Cloud software company ServiceTitan files to go public on Nasdaq

ServiceTitan offices in Draper, Utah. Google Earth ServiceTitan, a company that sells software to contractors such as plumbers and roofers, on Monday filed to go public on the Nasdaq under the ticker symbol “TTAN.” The filing suggests that investors could be getting more interested in next-generation software companies. Just a few, including Reddit and Rubrik,

Cloud software company ServiceTitan files to go public on Nasdaq Read More »

Tesla stock pops 8% in premarket after report Trump wants to relax U.S. self-driving rules

Tesla stock pops 8% in premarket after report Trump wants to relax U.S. self-driving rules

Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024. Jim Watson | Afp | Getty Images Tesla shares jumped on Monday following a report that President-elect Donald Trump’s transition team

Tesla stock pops 8% in premarket after report Trump wants to relax U.S. self-driving rules Read More »

European tech CEOs urge ‘Europe-first’ mentality to counter U.S. dominance after Trump victory

European tech CEOs urge ‘Europe-first’ mentality to counter U.S. dominance after Trump victory

Thomas Plantenga, CEO of used fashion resale app Vinted, on center stage during Web Summit 2024 in Lisbon, Portugal. Harry Murphy | Sportsfile for Web Summit Getty Images LISBON, Portugal — Tech CEOs in Europe are urging the region and all countries to take bolder action to tackle Big Tech’s dominance and counter reliance on

European tech CEOs urge ‘Europe-first’ mentality to counter U.S. dominance after Trump victory Read More »

European SpaceX rival raises 0 million for reusable capsule to carry astronauts, cargo to space

European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space

The Space Exploration develops a product called Nyx, a reusable capsule that can be launched from rockets into space carrying passengers and cargo. The Exploration Company (TEC) announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations. Venture capital firms Balderton

European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space Read More »

Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands

Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands

This picture taken on April 27, 2023 in Toulouse, southwestern France, shows a screen displaying the Meta logo and the European flag. Lionel Bonaventure | Afp | Getty Images Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for European Union users to comply with regulatory demands in the

Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands Read More »

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