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All articles →European fintechs face new regulatory hurdles despite record funding
European tech startups raised €15.8 billion in September, a nearly fivefold increase from August, according to Tech.eu. However, the sector now faces intensified scrutiny on payments, AI liability, and labor laws as regulators close loopholes.
Türkiye opens 153 km rail line to EU border as Europe debates high-speed network
Türkiye inaugurated a 153 km high-speed rail line to the Bulgarian border on Friday, cutting travel time to 1.5 hours and linking directly to the European network. The move coincides with a week of intense activity across the continent, from new cross-Channel services to billions in contracts for the continent's long-term rail expansion.
DAZN uses local team deals to target national US sports rights
DAZN CEO Shay Segev stated on 8 October that the streamer's recent acquisitions of local rights for NBA, NHL, and MLB teams are a strategic precursor to securing major national broadcasting packages in the United States.
China pumps 6.2bn yuan into Hua Hong as chip costs shift
State investors injected 6.2 billion yuan into Hua Hong Group on Thursday, raising its capital to 19.7 billion yuan. The move targets domestic legacy chip production while Washington tightens export controls.
Nio sets daily record with 183,664 swaps as LGES posts record profit
Nio completed 1,192,221 battery swaps during China's National Day holiday, setting a daily record of 183,664 on October 5, while LG Energy Solution reported record third-quarter earnings driven by energy storage demand.
TSMC to use GlobalFoundries Malta fab for AI packaging
TSMC will begin producing silicon interposers at GlobalFoundries' Malta fab in 2028, a $2 billion move that expands US packaging capacity.