Foreign buyers are snatching up UK tech companies
Fast growing British tech companies have become attractive targets for acquisition by foreign concerns.
A wave of foreign buyers is coming after British technology companies, according to Bloomberg News. The trend threatens to deprive the UK market of the little exposure it still has to high-gro... Read more
Big tech ‘shadow lobbying’ under fire in European Parliament
Members of the European Parliament are outraged by shell groups driving big tech arguments.
Three members of the European Parliament (MEP) call for a probe into unregistered lobbying initiatives from various big tech companies. The MEPs requested the EU to suspend all groups breaking transparen... Read more
European Union plans to ease IPO rules to attract 45 billion euros
The EU Commission aims to lure 45 billion euros in reserved money. Additionally, they will analyze how startups can offer stocks to new employees.
The EU plans to increase deep-technology startups within Europe by luring 45 billion euros in reserved money, making it increasingly easy for the cre... Read more
The UK targets light-touch regulation to boost the tech sector
The United Kingdom unveiled a digital plan to streamline regulations and promote economic development.
For both consumers and enterprises, the digital market offers previously unmatched advantages. Open markets, intense competition, and consumer choice are how western countries hope to achieve a... Read more
Ukraine aspires to be a major European Technology Center
Ukraine has been touting Diia City, a unique economic structure for IT businesses that it hopes would solidify the country's position as a technological powerhouse.
Ukraine's leader, Volodymyr Zelensky, made it clear on February 8th that, despite Russian forces on its borders, the nation is stil... Read more
European tech valuations soar amid fears of a bubble bursting
Skyrocketing valuations, "megarounds" and a gold rush mentality may be setting investors up for a fall
European startups are raising more money than ever before, according to reporting in Bloomberg this week.
The EU is producing a class of tech companies with valuations comparable to peers ... Read more
Macron wants EU-wide tech company initiative to create tech giants
France's president, Emmanuel Macron, outlined an ambitious plan for the European Union to create its own tech giants worth over 100 billion euros (over $120 billion) in valuation. The plan is to create ten of them to compete with the U.S. companies that dominate the tech industry across the globe.
... Read more
Could the Biden tax plan affect U.S. investment in Ireland?
The Administration's global tax proposal could make Ireland less attractive for US tech giants.
Over the past few decades, Ireland has been able to attract huge investment from US tech firms by offering very favorable corporate tax rates. These sweetheart tax deals have allowed major US firms to... Read more
Analysts: these are the winners and losers in tech after Covid-19
The Covid-19 pandemic is accelerating digitisation and changing the way companies use technology. Analysts from financial service providers UBS and Berenberg Bank dove into the sector. Which technology companies are benefiting the most from this development and which ones are benefiting the least?
... Read more
UK government creates Digital Markets Unit to regulate tech companies
The UK government plans to put in place a Digital Markets Unit (DMU) whose sole focus will be the regulation of online platforms. It might also have the power to block business moves by companies that show anti-competitive behavior. The unit will also be able to hand down fines to violators.
The... Read more