
Volkswagen reportedly wants to cut 100,000 jobs, about 15% of its workforce, and close German plants. It would be the biggest overhaul in the carmaker’s history, and the unions are vowing to fight. Europe’s car industry is shrinking, and its biggest na…

The regulator says customers were moved to a pricier Copilot-bundled plan unless they actively opted out, with too little information to choose. The mechanics of a price rise can matter as much as the price itself, which is the question Italy’s competi…

Tesla plans to hire another 1,000 workers at its Gigafactory outside Berlin, the automaker confirmed Thursday, as it moves to ramp production at its only European plant.
The hiring push comes as Tesla targets 7,500 vehicles per week at the Grünheide fa…

The partnership will fund EU AI hardware and data centres, and launch aiUSX, a yield asset that puts companies’ idle AI cash to work as infrastructure lending. Building sovereign AI in Europe takes chips, and chips take capital. TensorX and Solstice sa…

The European Commission told Amazon and Microsoft that it takes the preliminary view that their cloud arms, Amazon Web Services and Microsoft Azure, should be designated as gatekeepers under the Digital Markets Act. The wording matters more than it loo…