Dutch pension fund ABP has announced plans to invest 1 billion euros in young European technology companies over the next three years. The initiative includes an initial contribution of 250 million euros to the Scaleup Europe Fund.
The implementation of the new digital Entry/Exit System at Schiphol Airport has led to critical wait times and significant operational chaos. Travelers are facing missed flights and airlines are experiencing financial losses due to these ongoing security control issues.
Sales of new fully electric vehicles in the European Union increased by 45 percent during the first eight months of this year. This growth was largely driven by the rising popularity of Chinese automotive brands such as BYD, Chery, Geely, and Leapmotor.
Dutch Minister of Economic Affairs Heleen Herbert is calling for the removal of restrictive European regulations that hinder government support for promising start-ups. She is formally presenting this demand during a meeting in Brussels to ensure better conditions for new businesses.
A claims organization is seeking hundreds of millions of euros from Epic Games, the developer of Fortnite, for allegedly pressuring children into making in-game purchases. This follows a previous fine of over one million euros imposed on the company by the Dutch Authority for Consumers and Markets (ACM).
ASML executive Frank Heemskerk stated that the chip machine manufacturer is currently not selling any of its equipment within Europe. The Veldhoven-based company is prioritizing other global markets at this time.
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