Flight simulator manufacturer CAE Inc. is cutting approximately 280 jobs — about two per cent of its global workforce —…
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Budapest’s New Startup Event Skipped the Pitches and Panels and 150 Founders From Across Europe Showed Up Anyway
Budapest hosted the inaugural BudapestConnect on June 18, drawing over 150 founders, investors, students, and ecosystem builders in a fully…
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DOJ Clears $111 Billion Paramount-Warner Bros. Merger Despite Industry Backlash From Pedro Pascal and Thousands of Hollywood Figures
The Justice Department on Friday cleared Paramount's proposed $111 billion takeover of Warner Bros. Discovery, concluding the merger poses no…
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Europe’s Leaders Are Fighting Over Who Gets to Talk to Putin First
French President Emmanuel Macron and German Chancellor Friedrich Merz clashed with European partners over European Council President António Costa's attempt…
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Europe Slashed Its AI Supercomputer Plan Before It Even Started, and Critics Say the Continent Is Already Losing the Race
The European Union has scaled back its AI data centre procurement plan, reducing a proposal from 100,000 chips across five…
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Airports Are Spending Hundreds of Thousands on Counter-Drone Tech That Doesn’t Always Work
The global counter-drone market is surging amid escalating aerial threats to civilian infrastructure. Drone incursions at European airports, including Munich…
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OpenAI’s IPO Bid Overshadows Sam Altman’s Struggling Iris-Scanning Venture Facing Bans and Privacy Fines
As OpenAI confidentially filed for an IPO on Monday, CEO Sam Altman's separate biometric venture, Tools for Humanity, is reportedly…
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Respond.io Raises $62.5M After 169% Growth to Take Its AI Messaging Platform Into North America and Europe
Malaysia-founded startup respond.io has secured $62.5 million in a Series B funding round led by Camber Partners, with participation from…
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Beazer Homes Refinancing Quietly Adds $53 Million to Dream Finders Acquisition Cost
Beazer Homes' recent refinancing has added roughly $53 million in costs to Dream Finders' planned acquisition of the homebuilder. Beazer…
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Xiaomi Launches Budget Mini LED TVs in Europe Starting at €349 to Take On TCL and Hisense
Xiaomi has launched its TV FX Mini LED series in Europe, starting at €349. The QD-Mini LED lineup features 4K…
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