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The Latest Breaking News on European tech

British Airways Owner Sees Profit Jump On 'Strong' Demand

IAG, the owner of British Airways and Spanish carrier Iberia, said Friday that its net profit jumped 44 percent in the first six months of the year on "strong demand".

International Business Times

Ever expanding Imperial set to open 55,000 sq ft of lab and office space at Old Oak

WestTech London “can rival Boston’s Kendall Square” says university President

Evening Standard

Labour says firms will be penalised for late payments to suppliers

Government drive to support small business will include startup loans for 69,000 companies worth £4bn

The Guardian - UK

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Wise Secures US Listing Approval, But Proxy Adviser Oversight Sparks Governance Concerns: Report

British fintech Wise Plc (OTC:WIZEY) secured shareholder approval this week for its controversial move to a U.S. primary listing, but the victory exposed significant shortcomings among proxy advisory firms that could concern institutional investors.

Benzinga

Shareholders of UK fintech Wise vote to move main stock market listing to US

Co-founder Kristo Käärmann gains enhanced voting rights in controversial move

The Guardian - UK

Fiserv Stock Tumbles As Outlook Softens Despite Deal With TD

Fiserv, Inc (NYSE:FI) stock tumbled Wednesday after it reported fiscal second-quarter 2025 results.

Benzinga

Supercar maker McLaren puts up to 500 jobs at risk after merger with Forseven

Spokesperson says “difficult decision” will ensure that “our operations are streamlined to enable resilience and success over the long term. “

Evening Standard

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MSCI's Q2 Success Fueled By Record ETF Growth, Diverse Client Expansion

MSCI Inc. (NYSE:MSCI) announced its fiscal 2025 second-quarter results on Tuesday. The company’s total revenue reached $772.7 million, an increase of 9.1% year-over-year, exceeding the analyst consensus estimate of $763.5 million. Adjusted earnings per share (EPS) were $4.17, also surpassing the analyst consensus of $4.11.

Benzinga

Palmer Luckey Once Brutally Bashed Silicon Valley's Obsession With Easy Cash: 'All The Money Went To Paying People To Do Things That Were A Waste Of Time'

In a conversation last year, defense tech entrepreneur Palmer Luckey criticized Silicon Valley's obsession with "easy money" ventures, saying a tighter funding environment is finally forcing founders to solve real-world problems.

Benzinga

Valve boss and superyacht enthusiast Gabe Newell says pitching VCs is a "deeply distracted" way to make money: "If you're creating value for people, the capital will come your way"

"The focus should always be on your customers, and on your partners, and on your employees"

GamesRadar

'I Am So Overwhelmed': Harvard Startup Coach Says This Is The No. 1 Thing Founders Confess Behind Closed Doors — Here's What To Do About It

Julia Austin has worn nearly every hat a founder can imagine: operator, investor, educator, and coach at Harvard Business School, where she now co‑chairs the Arthur Rock Center for Entrepreneurship. Her new guide, "After the Idea," shows how messy and overwhelming startup life really is once the initial spark fades…

Benzinga

SLB Trims 2025 Capital Spending, Prioritizing Efficiency Post-ChampionX Deal

Schlumberger N.V. (NYSE:SLB) shares are trading higher on Friday after the company reported better-than-expected second-quarter 2025 results.

Benzinga

You've got 1 more week to enter the Brand Impact Awards

The deadline has been extended.

Creative Bloq

CEDIA Expo 2025 opens Best of Show Award nominations

Could your company stand apart from others in the industry?

What Hi-Fi?

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Benzinga

PPL And Blackstone Join Forces To Build Gas Plants For Data Centers

PPL Corporation (NYSE:PPL) shares saw modest gains in early Wednesday trading following the announcement of a strategic partnership with Blackstone Inc. (NYSE:BX) to develop new gas-powered energy facilities tailored for data center operations.

Evening Standard

Claire's accessories: Which stores are at risk of closing?

The shop has reportedly been put up for sale but what could happen to your local branch?

Tom’s Hardware

Exclusive: GlobalFoundries says MIPS takeover will expand its business without creating competitive friction with its clients

GlobalFoundries' acquisition of MIPS will not turn it into a chipmaker, but will enhance its role as a foundry by offering ready-to-use RISC-V processor IP to help customers accelerate development.

The Guardian - UK

Palantir accuses UK doctors of choosing ‘ideology over patient interest’ in NHS data row

Tech firm’s chief, Louis Mosley, dismisses fears that contract ‘threatens to undermine public trust in NHS data systems’

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Evening Standard

Doctors against Palantir’s NHS software put ‘ideology over patient interest’

Louis Mosley, the UK boss of the US tech giant, appeared before the Science, Innovation and Technology Committee on Tuesday.

Benzinga

Serena Williams To VCs: 'When You Invest in Women—The Returns Are There'

Serena Williams, a 23-time Grand Slam singles champion and four-time Olympic gold medalist, has been appointed entrepreneur-in-residence at Reckitt, the British consumer health company behind brands such as Lysol, Durex, and Enfamil.

Benzinga

Lime's Long-Awaited IPO Is Finally on Track: Uber-Backed Scooter Startup Reports $686M Revenue and 'Cash Flow Positivity'

Lime, the electric bike and scooter rental startup backed by Uber (NYSE:UBER), has hired Goldman Sachs (NYSE:GS) and JPMorgan Chase (NYSE:JPM) to prepare for a U.S. initial public offering expected to launch next year, Reuters reports.

The Independent UK

Voices: Is London’s stock market in crisis?

COMMENT: There’s already been a mass exodus of investors as they gravitate towards the welcoming arms of New York, writes James Moore. But further decline in IPOs could do untold damage to the UK market

Benzinga

Ex-SpaceX Team's $25M Startup Is Rewiring The Future Of U.S. Defense—They Still Build These Things 'The Same Way They Did During The Cold War'

Senra, a Southern California startup founded by ex‑SpaceX engineers Jordan Black and Benjamin Shanahan, is stepping into the spotlight after announcing on June 18 a $25 million Series A aimed at revamping critical U.S. defense manufacturing.

International Business Times

Hiring Without Limits: Jacques Nack's Mission to Unlock Africa's Workforce

Africa is home to a fast-growing, youthful, and digitally connected population. The potential of its emerging workforce is vast, and according to Jacques Nack, it's time to rethink how work, opportunity, and access are structured.

Strava and Runna now offer a joint subscription and it’s cheaper than buying one pair of running shoes

Two months after acquiring Runna, Strava is rolling out its first joint membership

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