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  • Eurobank Profits Surge, Cyprus Faces Europe’s Second-Highest Business Energy Costs as NPLs Hit Record Low
cover Cyprus Business Now: Eurobank, Cyta, shipping, US tech firms, NPLs, electricity
Tech News
Eurobank Profits Surge, Cyprus Faces Europe’s Second-Highest Business Energy Costs as NPLs Hit Record Low
Founder News Team May 9, 2026 0

Eurobank posted an adjusted net profit of €351 million in Q1 2026, with CEO Fokion Karavias citing 10 per cent…

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Tech lobby seeks exemption from EU battery rules for wearable devices – The Irish Times
Tech News
Kilkenny Man Calls on Irish Government to Stand Firm Against Tech Industry Push to Gut EU Battery Replacement Rules
Founder News Team May 9, 2026 0

Michael Gannon of Kilkenny has written to The Irish Times urging the Irish Government to reject lobbying efforts by Technology…

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Bank of America taps tech dealmaker Richard Hardegree as vice chair of M&A, memo shows | WTVB | 1590 AM · 95.5 FM
M&A
Bank of America Recruits 30-Year M&A Veteran to Capture Its Share of a $2 Trillion Deal Surge
Founder News Team May 9, 2026 0

Bank of America has appointed veteran investment banker Richard Hardegree as vice chair of mergers and acquisitions, according to an…

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San Francisco tech company DocuSign to lay off staff again
Layoffs
DocuSign Slashes 10% of Its Workforce in Second Round of Layoffs Within Six Months
Founder News Team May 9, 2026 0

San Francisco-based DocuSign announced its second round of layoffs within six months, cutting 10% of its global workforce. Filed publicly…

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[INTERVIEW] Korea, EU expand research alliance amid tech race, geopolitical shifts
Startups
Korea Joins Europe’s Tech Alliance as Russia-North Korea Military Ties Raise Alarm
Founder News Team May 9, 2026 0

Korea and the European Union are strengthening cooperation in research and advanced technologies amid geopolitical tensions and supply chain vulnerabilities,…

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The world is trying to log off U.S. tech and founders need to take that seriously
Startups
Europe Is Breaking Up With U.S. Tech and Turning It Into Law
Founder News Team May 8, 2026 0

European governments and enterprises are accelerating efforts to reduce dependence on U.S. cloud, software, and AI platforms, transforming digital sovereignty…

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Founders
Eindhoven’s HighTechXL Launches €11 Million Fund to Free Deep Tech Founders From the Fundraising Trap
Founder News Team May 8, 2026 0

Eindhoven-based deep tech venture builder HighTechXL has launched PreSeedXL, an €11 million fund to support founders from their earliest stages.…

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startup, growth, investment, money
Funding
From Cricket Games to Cybersecurity: Tech Startups Just Pulled in Millions Across Five Sectors in One Month
Founder News Team May 8, 2026 0

Several tech startups secured significant funding this month across diverse sectors. Trading platform MochaTrade raised an undisclosed pre-seed round from…

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Buzzy tech startup lays off 100 workers soon after Bay Area expansion
Layoffs
Backed by Amazon and Microsoft, Battery Startup Moxion Slashes 35% of Staff Months After Announcing Major Expansion
Founder News Team May 8, 2026 0

Richmond-based battery manufacturer Moxion Power is laying off 101 employees, representing 35% of its workforce, according to a WARN filing…

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Voi Founders’ AI Startup Pit Emerges as Stockholm’s New Rising Tech Star
Startups
Voi Founders Raise $16M From Andreessen Horowitz to Build AI That Automates the Corporate Back Office
Founder News Team May 8, 2026 0

Pit, an AI startup founded by the team behind European scooter company Voi, including CEO Fredrik Hjelm, is rapidly emerging…

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We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies.

By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.

Latest News
Revolut To Delist USDT In Europe Ahead Of MiCA Regulation
Revolut Pulls Tether From European Platform as MiCA Deadline Forces Historic Stablecoin Shakeout
Jul 5, 2026
Potatoes & Products: Industry, News, Stats, Prices, Markets & Trends
Europe’s Record Heat Is Warping the 2026 Potato Harvest and Packhouses Are Running Out of Time
Jul 5, 2026
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France’s Mistral AI Grew From $20M to $400M in Months and Now Threatens to Break America’s Grip on Global AI
Jul 5, 2026
Cardoso to Banks: Channel New Capital to SMEs, Agriculture, Infrastructure – THISDAYLIVE
Nigeria’s Banks Just Raised N4.65 Trillion and the CBN Governor Has a Clear Demand for Where It Must Go
Jul 4, 2026
Why The New Mg Hs Brings Global Confidence To Pakistans Hybrid Suv Market
MG HS Hybrid Arrives in Pakistan With Over One Million European Sales and a Global Award Behind It
Jul 4, 2026
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