Tag: Germany

Here you will find all the articles with the tag: Germany.

Germany to launch a sovereign tech fund to safeguard the internet

Germany to launch a sovereign tech fund to safeguard the internet

The move aims to secure the nuts and bolts of Internet infrastructure that are currently controlled by the United States. Germany is set to launch a sovereign tech fund to support the open source software that underpins the internet, according to reporting in Science Business. The move is prompt... Read more

date1 month ago
Mondu raises $43M in series A which Valar led in the US

Mondu raises $43M in series A which Valar led in the US

Mondu, a Berlin-based buy-now-pay-later company, has secured funding of $43 million in a round carried out by Valar Ventures in the US. Considering the global recession, SMBs have started to reach new heights for financing. Hence, Mondu, a Berlin-based company with a BNPL model, has quickly expa... Read more

date1 month ago
Car rental giant Sixt shut down following cyberattack

Car rental giant Sixt shut down following cyberattack

Car rental giant Sixt has been hit by a cyberattack. Non-essential systems were shut down in defence. Germany's Sixt rents out cars from over two thousand locations in more than 100 countries. On 29 April, the organization shut down parts of its IT infrastructure to prevent a cyberattack. Only e... Read more

date2 months ago
The European wind energy industry is facing a slew of cyberattacks

The European wind energy industry is facing a slew of cyberattacks

Since the start of the crisis in Ukraine, cyberattacks on three European wind-energy businesses have prompted fears that Russian-friendly hackers are attempting to wreak havoc in a sector that stands to profit from attempts to reduce reliance on Russian oil and gas. The hacked firms haven't offi... Read more

date2 months ago
Intel invests 33 billion euros in European chip industry

Intel invests 33 billion euros in European chip industry

Intel is pumping 33 billion euros into European chip factories, research sites and projects. In 2021, Intel promised an 80 billion euro investment plan for European chip production. Today, after weeks of radio silence, Intel confirmed new details. Intel is dividing 80 billion euros into sever... Read more

date4 months ago
Germany is funding the development of home-grown quantum systems

Germany is funding the development of home-grown quantum systems

A new project aims to make quantum computers the next big thing to be "Made in Germany" Germany is investing heavily in quantum computing with the foundation of the QSolid project, according to a report in The Register. The new project aims to build a complete quantum computer based on cutting-e... Read more

date4 months ago
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