Italy’s prime minister vetoes Dutch acquisition over links to Russia’
The Italian prime minister, Giorgia Melone, used her "golden powers" to veto the acquisition of an Italian cloud provider by Nebius, a Dutch company with ties to Russia. Nebius got its funding from Yandex.
Giorgia Meloni, the Italian Prime Minister, vetoed a takeover deal by Nebius, a Dutch clou... Read more
TikTok unveils new data security policy to placate EU regulators
The Chinese social media giant is attempting to head off a general ban threatened by both the EU and the US
This week, TikTok announced a new European data security regime in an attempt to assuage security fears that have already led to limited bans on both sides of the Atlantic.
The new reg... Read more
Italy’s CDP decides to compete with KKR to buy TIM’s grid
The Italian state lender is partnering with an Australian fund to challenge KKR's offer.
This week, Italian state lender CDP said its board had approved a non-binding offer for the fixed-line network of former phone monopoly Telecom Italia (TIM), according to Reuters.
CDP has partnered with ... Read more
Cegeka acquires Italian MSP Westpole Italy
Cegeka has acquired Italian MSP Westpole Italy. With this, the European IT service provider wants to expand its existing activities in Italy and become a more important IT integrator in the country.
The acquisition means Cegeka gets a specialist in the field of IT infrastructure. Westpole Italy ... Read more
‘Italian court upholds nullification of ruling over Vivendi’s control of TIM’
Italy's Supreme Court has upheld a ruling that overturned a market regulator resolution indicating that French media group Vivendi had "de facto" control of Telecom Italia.
In 2017, Italian market regulator Consob ruled that Vivendi, the largest shareholder of Telecom Italia Mobile (TIM), assume... Read more
‘Intel and Italy continue talks on new chip plant’
The US tech giant has breathed new life into talks with the Meloni government.
Last week Intel told Reuters that Italy remains a potential location for a new chip plant. The ongoing talks follow Intel's decision last March to increase its semiconductor production in the European Union.
Intel ... Read more
New Italian government determined to secure Intel’s chip investment
The new government of prime minister Giorgia Meloni hopes to seal the deal with the US tech giant.
Italy's government is determined to secure an investment by Intel to build a chip factory in the country, according to a report in Reuters. The Italian Minister for Economic Development, Giancarlo ... Read more
Italian PM will meet with Intel to rescue stalled investment plans
Italy's new PM will seek to reanimate the company's plans to build a plat in Veneto.
Italian Prime Minister Giorgia Meloni said on Thursday she would request a meeting with representatives of Intel to discuss a possible multibillion-euro investment by the U.S. chip maker in Italy.
“In the ... Read more
Italy’s Leonardo supercomputer comes online
Europe now hosts two of the world's fastest computers.
Leonardo is scheduled to come online next week. The supercomputer is hosted in a new datacenter located in the Technopole of Bologna. It's one of the three pre-exascale systems announced by EuroHPC Joint Undertaking (JU).
Leonardo is th... Read more
Italian court rejects Google’s €10 million appeal, accepts Apple’s one
The appeals refer to two €10 million fines imposed by the Italian antitrust authority in 2021.
Last week, an Italian administrative court rejected an appeal by Google against a fine from Italy's antitrust authority, according to Reuters. The same court did, however, accept an appeal filed by A... Read more