‘Dutch PM calls for a more frugal approach to combat US subsidies’
Mark Rutte opposes using new funds to combat threats posed by US green tech subsidies.
Speaking to journalists on Tuesday, Dutch Prime Minister Mark Rutte said the best way to save EU industry from the lure of US subsidies is to reform national policies, not shower companies with money. Rutte ma... Read more
DataCore acquires Object Matrix, focuses on edge storage
DataCore announced the acquisition of Object Matrix, a company developing object storage solutions for on-premises and cloud. DataCore intends to strengthen its edge storage portfolio.
Object Matrix is popular among media companies and providers. Organizations use its solutions to centrally mana... Read more
Researchers warn of increase in SSRF attacks on Microsoft Exchange
Bitdefender warns of an increase in cyberattacks on on-premises deployments of Microsoft Exchange Server 2013, 2016 and 2019.
The security company witnessed a recent rise in ProxyNotShell and OWASSRF, two tactics for attacks on Microsoft Exchange Server.
The tactics exploit two known vulnera... Read more
‘Google asks founders for help on dealing with ChatGPT’
Google has asked founders Larry Page and Sergey Brin for help on dealing with the rise of OpenAI's ChatGPT. The tech giant reportedly feels the tool threatens the future of Google Search.
The New York Times reports that the rise of ChatGPT has set off several alarms within Google. Founders Larr... Read more
‘Most firms find hybrid work more productive, but security is lacking’
Research by Okta suggests that six in ten European companies find employees more productive when they balance working remotely and working from the office. Systems need to be secured for both internal and external staff, but Okta indicates that many organizations struggle with the necessary measure... Read more
Quantum computer startup PASQAL raises €100 million
Paris-based PASQAL announced that it has raised €100 million, marking the largest private funding round for a quantum computer startup in Europe, according to CEO Georges-Olivier Reymond.
The investment comes at a time when the stock prices of three New York-listed quantum computer makers hav... Read more
Highland Europe announces €1 billion startup investment fund
Highland Europe, a London-based venture capital firm, has announced a €1 billion fund to invest in software and consumer tech companies across Europe. This marks the fifth fund for the company, bringing its total capital raised to an impressive €2.75 billion.
“Current market conditions are... Read more
Apple releases iOS 16.3 with support for hardware security keys
iOS 16.3 adds an extra layer of protection against phishing attacks and unauthorized access. Hardware security keys are small physical devices that can connect to Macs and iPhones via USB-C and near-field communication (NFC).
Instead of using the regular six-digit verification code to unlock a d... Read more
‘Cloud spending declines, provider revenues stagger’
AWS, Microsoft and Google Cloud face headwinds. A decline in cloud spending pressures the market segment, Reuters reports based on interviews with analysts.
Demand for public cloud services has been steadily declining for nine months, Reuters said. The trend is driven by macroeconomic condition... Read more
German competition office initiates proceeding against PayPal
The German Federal Cartel Office (FCO) announced that it has initiated a proceeding against PayPal Europe on account of practices possibly suppressing competitors and restricting price competition.
Specifically, the proceeding deals with PayPal’s 'rules about surcharging' and the “presentati... Read more