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The Latest Breaking News on European tech

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

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

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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

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CEDIA Expo 2025 opens Best of Show Award nominations

Could your company stand apart from others in the industry?

What Hi-Fi?

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.

Benzinga

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?

Evening Standard

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.

Tom’s Hardware

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’

The Guardian - UK

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.

Evening Standard

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

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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.

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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

Benzinga

'Spotlight On Canada': Deep Sky's $40M DAC Hub Backed By Bill Gates Draws Global Carbon Tech Surge After Trump Fuels U.S. Climate Uncertainty

Canadian climate startup Deep Sky is rapidly emerging as a leader in carbon removal after completing construction on what it calls the world's first test hub dedicated entirely to direct air capture technologies. Located in Alberta, the Alpha facility has secured contracts with eight companies from the U.S., Canada, the…

Evening Standard

Rachel Reeves can end the London exodus and unleash the City

In the latest in our London Unleashed series Peel Hunt’s Charles Hall outlines how the City can be revived

Benzinga

Mark Cuban Lists 8 Reasons Boomers See The World Differently — And Says It's Time For A Leader Who Unites Us

Protesters gathered worldwide on June 14 for the "No Kings Day" demonstration — an event focused on rejecting authoritarianism and celebrating democratic values. The protests made headlines not just for its message, but for its participants: a large contingent of Baby Boomers, many draped in U.S flags and holding signs…

The Guardian - UK

Norway’s €19bn software company Visma picks London for IPO

Provisional decision by private equity-backed group is a boost for the LSE after a recent exodus of big names

Benzinga

Microsoft CEO Satya Nadella Praises Palantir's FDE Model As 'Fantastic'—Insiders Say It's Not Consulting, It Builds 'The Product Customers Need'

Microsoft Corp. (NASDAQ:MSFT) CEO Satya Nadella called Palantir Technologies Inc.‘s (NASDAQ:PLTR) Forward Deployed Engineer model “fantastic” at a Y Combinator event, prompting industry debate about the data analytics company’s unique approach to product development.

The Guardian - US

Dating app Bumble to lay off hundreds of staff amid turnaround bid

Company is cutting 30% of its global workforce as part of an effort to return to a ‘start-up mentality’

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