Cybercrime hunters have unmasked the alleged leader of LockBit, a hacker network dubbed the “most active ransomware group ever.” LockBit gained global notoriety for holding victims’ data to ransom and ransomware-as-a-service, whereby it licenses malware to othe
No-code startup Innoloft has raised €2mn in a new funding round led by Dutch VC firm Capital Mills. This marks the firm’s first investment into a German company. Innoloft’s no-code platform enables businesses to build web applications without any programming k
Terra Quantum has today revealed its TQ42 Cryptography library — an open-source suite of quantum-resistant algorithms designed to help developers and businesses protect data from current and future cybersecurity threats. The new cryptography libr
A team of researchers have built a vision implant with tiny electrodes the size of a neuron, seeking to help blind people see again. The development of vision implants first emerged in the 1990s. The technology targets patients suffering from damage to the eye,
France’s budding AI scene has received another boost from a big investment in the startup Holistic. Amid the celebrations, however, the sale of medtech firm Sonio has added a warning about the dangers of success. The Holistic funding was revealed by Bloomberg
An AI scanning your bank transaction data entails a level of invasiveness that I find difficult to accept — let alone embrace for my own transaction information. But the technology could bring merits, at least in the lending world. Enter Abound. The London-b
Reuse Brew is a classic German lager with a twist — it’s made from recycled wastewater. The beer is the result of a tie-up between the south German city of Weissenburg, American water tech company Xylem, and the Technical University of Munich (TUM). Specif
Wayve, a London-based startup working on AI systems for autonomous vehicles, has raised $1bn. The colossal funding round marks the largest single investment in a European AI startup. Japanese conglomerate SoftBank led the funding round alongsid
Infineon, one of the biggest chip makers in Europe, has lowered its revenue outlook for the year, citing “weak” demand from its major target markets. The German company is now expecting a revenue of €15.1bn, plus or minus €400mn. That’s down from t
The power of generative AI has further ignited the race for advanced humanoid robots, promising more capable machines that can learn and deal with unknown environments and challenges. Amid increasing competition across the globe, Switzerland-based mimi