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...Having made his fortune building and selling the internet telecommunications company Skype Technologies in the early 2000s, the 57-year-old Zennström now runs Atomico, one of Europe’s leading venture capital...
...“I thought there was such potential in Europe for more companies like Skype to be created. Let’s break the [Silicon Valley] monopoly....
...A troubled technology and logistics overhaul then dragged on for years, costing hundreds of millions of euros....
...Among its backers are the family offices or companies behind brands such as Swarovski, Adidas and Estée Lauder, as well as entrepreneurs including Skype co-founder Niklas Zennström....
...Clipway uses proprietary technology and data analytics to help price and monitor potential investment opportunities....
Tortured streaming department
Pioneer of music streaming kicks off more mature era for its business after years of freer spending
...He was chief marketing officer between 2011 and 2013, and between 2013 and 2015 he was president of health, safety and environment, marketing and technology....
Price increases and a growing ad business have been countered by increasing costs
...But if not Big Tech, then who should invest in the technology leadersof the future, critics of Brussel’s actions wonder....
...The other hope for the industry is that even if the unit costs will decline owing to the use of technology, the volume of sales will increase....
...In a strategy update on Thursday, Publicis said that the plans would put AI technology at the “core” of its business....
Headcounts remain above pre-pandemic totals even after job cuts
Spotify plans to cull millions of barely listened-to tracks come as the big labels focus on artists with superfans
...Nonetheless, AI is one of the largest tech themes Plural has backed so far, including legal start-up Robin AI and Unitary AI, which applies the technology to online content moderation....
...Battery producers are optimistic of AI revolutionising the discovery of new materials, emulating a shift seen in the pharmaceutical industry where the technology is being used to speed up the development...
...controlling stake in luxury group Kering and the family’s art collection, Artémis also has investments in sports apparel brand Puma, vineyards, luxury fashion brands Courrèges and Giambattista Valli and technology...
Chief Daniel Ek says music streaming service’s costs too high
...Over the past three years, the Granolas have performed in line with the US’s Magnificent Seven — a group of technology stocks comprising Apple, Microsoft, Alphabet, Amazon, Tesla, Meta and Nvidia — and with...
...It’s inevitable that the notion of convenience — the motivation behind many developments across culture and technology over the past two decades — should find ample reflection in our wardrobes....
Sharp change in tone from CEO Daniel Ek shows the platform’s need to turn popularity into profit
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...The market for large satellites in geostationary orbit has dropped to about half to 10 a year, the company said, because of technology changes to smaller satellites....
...“We have relied on Soviet-type technology, and we have some long tails, a need to maintain that equipment,” the official said....
...Forvia, which ranks itself as the world’s seventh biggest auto technology supplier, said it was clamping down on costs in Europe in part to cope with “the arrival of newcomers from Asia.”...
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