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Sep 11 2024POLITICS

EU's Big Win: Apple and Google Face Billions in Penalties

The European Union's highest court has delivered a major blow to Apple and Google, ruling against the tech giants in two landmark cases. The decisions, which could lead to billions of euros in penalties, are seen as a significant test of efforts to clamp down on the world's largest technology compa

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Sep 11 2024POLITICS

Germany's Border Crackdown: A Test of European Unity

Germany's decision to extend its border controls is set to last six months and has already sparked a backlash from its European neighbors. Poland's prime minister, Donald Tusk, has called the plan 'unacceptable'. Germany's Interior Minister Nancy Faeser claims the aim is to limit irregular migratio

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Sep 10 2024BUSINESS

Can Atomico's New $1. 24 Billion Fund Reignite Europe's Tech Boom?

Atomico has announced a $1.24 billion funding round, split into two parts: a $754 million growth-stage fund for later stage companies and a $485 million early-stage fund for startups just starting out. This comes after a dramatic slowdown in European tech funding which dropped to $45 billion in 202

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Sep 10 2024ENVIRONMENT

Can This Gigantic Battery Recycling Plant Save the EV Revolution?

A new, massive battery recycling plant is being built in Germany by Cylib, a startup backed by Porsche and Bosch. This facility, costing over 180 million euros ($200 million), is expected to be the biggest of its kind in Europe, capable of recycling 30,000 metric tons of end-of-life batteries each y

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