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The Latest Breaking News on European tech

Damon CEO Pens Letter Providing Business Update And Outlining Production Roadmap

Dear Damon shareholders, supporters, reservation holders and enthusiasts,I am deeply grateful for your steadfast support and dedication over the past two and half years – a period that has proven challenging for us all.

Benzinga

Mobix Labs Acquires Spacecraft Components in $18M-$24M Deal

Mobix Labs, Inc. (NASDAQ:MOBX), a global innovator in advanced connectivity solutions, today announced it has agreed to acquire Spacecraft Components Corp., a Nevada-based leader in high-precision, mission-critical

Benzinga

TSMC's says 1.6nm node to be production ready in late 2026 — roadmap remains on track

TSMC says its roadmap is executing well, 2nm will go into mass production in late 2025 and its successors will be production ready in late 2026.

Tom’s Hardware

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Northvolt CEO resigns after EV battery maker files for bankruptcy protection

Peter Carlsson says $1bn to $1.2bn needed to restore business touted as potential European rival to Asian firms

The Guardian - UK

Northvolt, Hailed As Europe’s Future EV Battery Champion, Files For Bankruptcy

Swedish-based Northvolt, which was seen as one of Europe’s best shots at fighting off China’s electric vehicle battery supremacy, filed for bankruptcy yesterday. The company said in its Chapter 11 petition filed in the United States Bankruptcy Court for the Southern District of Texas that its “liquidity picture has become…

InsideEVs

WiseTech’s billionaire founder Richard White cleared of allegations by company review

Company’s shares sink with revised revenue outlook in wake of former CEO’s high-profile resignation last month

The Guardian - AU

Review clears billionaire tech founder of misconduct

Wisetech Global says a review has found that all of Richard White's personal workplace relationships were disclosed and there's no evidence of bullying.

AAP

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Volkswagen's New American CEO Comes From Rivian

The Rivian-Volkswagen $6 billion joint venture got a little more interesting this week. The Volkswagen Group of America, which includes the core VW marques plus Audi, Lamborghini and other brands, is getting a new CEO whose last stint was at the California-based electric vehicle startup. And it's a homecoming of sorts…

InsideEVs

'I can see the end solution': inventor knew her purpose from a young age

As her brain changed, she was able to see simple solutions.

Newcastle Herald

'I can see the end solution': inventor knew her purpose from a young age

As her brain changed, she was able to see simple solutions.

Newcastle Herald

Crackdown efforts start on dodgy business practices

Dynamic pricing and subscription service traps are in the sights of the federal government, as consultation starts on efforts to ban them.

AAP

Owner of Aberdeen, Southampton and Glasgow airports sold in £1.53bn deal

AGS Airports, joint venture of Ferrovial and Macquarie, to be sold to AviAlliance for £900m along with £653m in debt

The Guardian - UK

Owner of two Scottish airports sold for more than £1 billion

THE owner of two Scottish airports has been sold for more than £1 billion, it has been announced ...

The National (Scotland)

Klarna chooses New York over London for much-anticipated IPO

US filing by one of world’s largest buy now, pay later firms seen as another blow to London Stock Exchange

The Guardian - UK

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International Business Times

Volkswagen And Rivian Launch Joint Venture Valued At $5.8 Billion

With this venture, the two companies plan to bring "best-in-class software technology" and "next-generation electrical architecture" for future electric vehicles of the companies. The deal will cover various kinds of vehicles, which would also include subcompact cars.

International Business Times

Tech Sector Gathers In Lisbon In Shadow Of Trump Victory

Leading lights of the tech industry are meeting in Lisbon on Tuesday for the Web Summit, the sector's first big event since the US election, with Donald Trump's victory expected to be a key theme of their discussions.

Tom’s Hardware

TSMC founder once asked Nvidia CEO Jensen to be TSMC's CEO — upcoming Morris Chang biography shares the details

Morris Chang once asked Nvidia's Jensen Huang whether he was interested in becoming CEO of TSMC, but he was not, according to the new biography of TSMC founder.

The Guardian - AU

Australian federal police begin search of PwC headquarters amid tax leaks scandal

Chief executive says company is cooperating with the investigation, which is related to individuals who have left the firm

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The Guardian - UK

Volvo Cars to buy out Northvolt from jointly owned gigafactory in Sweden

Plans are further blow to Europe’s hopes of creating a homegrown electric car battery

RideApart

India’s Ultraviolette F77 Now Has European Certification, But There’s a Problem

We’ve seen a lot of electric motorcycle companies rise, make it to the big leagues, then eventually fall. Look no further than the likes of Energica, CAKE, and Sondors, three EV motorcycle startups that seemed like they had things figured out. Ultimately, however, things didn’t go in their favor, and…

Evening Standard

Fintech founders warn poor regulation threatens London's world leading status

Founders have warned Rachel Reeves not to raise capital gains tax in the Budget in a way that “harms UK competitiveness”.

Tom’s Hardware

Nvidia's future Blackwell Ultra GPUs reportedly renamed to the B300 series

Nvidia will reportedly rename its Blackwell Ultra GPUs for AI and HPC to the B300 series to better differentiate them from existing offerings.

The Guardian - UK

Wise boss fined £350,000 for not telling FCA he had failed to pay tax

Kristo Käärmann failed to notify City regulator of fine from HMRC related to share sale

Evening Standard

Wise boss Kristo Käärmann fined £350,000 by City watchdog over tax blunder

Fintech boss failed to tell the FCA about his earlier fine from HMRC for failing to disclose a CGT liability

The Guardian - UK

Dean Forbes tops 2025 Powerlist as UK’s most influential black person

CEO of tech company Forterro, who was homeless as a teenager, replaces Edward Enninful in the top spot

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