Luxembourg

Aldea Ventures creates ‘hybrid’ European €100M fund to invest both in micro VCs, plus follow-on

The historical trajectory of venture capital has been to move to earlier and earlier finding rounds in order to capture the greatest potential multiple on exit. In the U.S., we’ve seen an explosion

Nvidia will power world’s fastest AI supercomputer, to be located in Europe

Nvidia is is going to be powering the world’s fastest AI supercomputer, a new system dubbed “Leonardo” that’s being built by the Italian multi-university consortium CINECA, a g

GDPR’s two-year review flags lack of ‘vigorous’ enforcement

It’s more than two years since a flagship update to the European Union’s data protection regime moved into the application phase. Yet the General Data Protection Regulation (GDPR) has been

European Parliament moves to majority teleworking in response to COVID-19

The European Parliament is instructing managers to prepare for all but a minority of staff to work remotely for 70% of the week as of next Monday — dialling up its response to Covid-19, the dise

VCs from Accel and SoftBank talk Europe’s startup scene, what they expect in 2020, and the future of SoftBank

If you haven’t noticed, Europe’s startup scene is in full bloom, with more than $30 billion deployed in startups across the continent over the last 12 months and more than 20 countries now

ispace Europe tapped by the European Space Agency for mission to extract water from the Moon

Space startup ispace, which is headquartered in Japan but has a European subsidiary based in Luxembourg, will take part in PROSPECT, a program run by the European Space Agency (ESA) that intends to ex

Amazon amends seller terms worldwide after German antitrust action

Amazon has agreed to make a raft of changes to the business terms it offers sellers on its marketplaces following an intervention by Germany’s Federal Cartel Office (FCO). The regulator instigat

Amazon Prime Day 2019 expands to become a 48-hour sale on July 15-16

Amazon is preparing for its longest Prime Day ever. The company announced today it will host a 48-hour Prime Day sales event this year, starting at midnight on Monday, July 15 and extending for two fu

Luxembourg to get €100M investment from Chinese payments startup Pingpong

For financial services firms looking to enter Europe, Luxembourg has historically been a popular anchoring point because of its political and economic stability, as well as a favorable regulatory envi

Amazon sellers to hit UK high streets in year-long pop-up pilot

Internet shopping has been blamed for boarding up high streets across the UK. So it looks politically judicious for Amazon, the original ecommerce behemoth, to now be attaching its brand name to a pil

Ulo is an adorable security camera that interacts with you while keeping watch over your home

Tired of home security cameras that add nothing to your home (besides, well, surveillance)? The Ulo, created by Luxembourg-based Mu Design, adds a touch of whimsy. The owl-shaped surveillance camera h