Wednesday 14 October

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Supermarket giant Albert Heijn faces a growing crisis as its digital infrastructure remains crippled by a major cyberattack. With millions of euros in damages and the Public Prosecution Service unable to start a criminal probe due to a missing formal report, the firm’s reliance on complex supply chains has been laid bare. Read more →

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Chip-equipment giant ASML has posted a quarterly profit of nearly €5 billion, cementing its status as one of the world's most profitable firms. With a 42% profit margin and soaring global demand, the company now stands in the same rarefied industrial air as Nvidia and TSMC. Read more →

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Streaming leader Netflix is slashing its headcount by roughly 1,000 jobs, or 6% of its global workforce. The cuts, affecting technology and legal departments, underscore a cooling growth phase for the entertainment behemoth in an increasingly saturated market. Read more →

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The UWV, the Netherlands’ employee insurance agency, has pulled the plug on a €55 million IT project after five years of development. The failure highlights the chronic difficulty of updating legacy public systems and the mounting costs of bureaucratic digital ambition. Read more →

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In a rare instance of international digital enforcement, Amsterdam police have seized a server at the request of the United States. The operation targets an Italian internet provider suspected of supporting the antifa movement, illustrating the long reach of American law enforcement in European data centers. Read more →

Compiled by AI from the most important headlines of the 24 hours before.