Social media platforms now face direct financial liability for scams hosted on their services under new EU rules. The legislation represents a major escalation in the bloc’s tech regulation efforts, creating a compensation framework between platforms and banks.
New data shows the iPhone 17 was the clear winner during China’s Singles Day sales festival. The device captured 26% of all smartphone sales while overall market growth was just 3%. Without Apple’s contribution, the market would have declined by 5%.
The work-from-home revolution is permanently reshaping American cities. With 15% of workers staying home nationally and nearly a quarter in some areas, downtown economics are facing fundamental changes as pre-pandemic office leases expire.
Apple is taking India’s antitrust regulator to court over a new law that calculates penalties based on global turnover. The company faces potential fines up to $38 billion for alleged anti-competitive practices in its app store. The case highlights growing global scrutiny of Big Tech’s market domina
Specialty contractor Dycom is making a major move into data center infrastructure with its $1.95 billion acquisition of Power Solutions. The deal brings electrical contracting capabilities to complement Dycom’s existing fiber expertise. Power Solutions will continue operating under its own brand pos
RailTel has inaugurated a 10MW data center facility in Noida, India. The state-controlled company is expanding beyond its telecom roots into the competitive data center market.
The deep-tech sector is experiencing massive hiring growth across multiple cutting-edge fields. Companies from Intel to Accenture are recruiting specialists in AI, quantum cybersecurity, semiconductor design and biotechnology.
Europe’s weather satellite agency EUMETSAT is expanding its international partnerships to enhance Earth observation. New agreements with Germany’s DLR and the UK’s NCEO focus on atmospheric science and AI-driven data processing. The renewed partnership with China’s NSOAS ensures continued ocean data
The Berlin-based VC firm will invest €5-10m in 20-25 startups at Series A and B stages. One-third of the fund is earmarked for Italian startups through CDP backing.
The U.S. Department of Energy is asking companies for ideas about recycling 9,700 tons of radioactive nickel. The contaminated metal comes from a former uranium enrichment plant in Kentucky. If successful, the recycled nickel could power future AI and energy applications.
