First story filed from Cambridge Tech Week! Former Arm CEO Warren East says that the UK is doing a bad job of keeping globally relevant tech firms and needs to needs a "mindset shift" from local investors to win on the world stage.
@ryan_browne_
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Wall Street cuts ASML price targets amid demand and export concerns
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Wall Street is turning less bullish on ASML. Several top banks cut price targets on ASML, which makes key equipment for the world's semiconductor industry. They cited some key issues head, including demand challenges and China export curbs.
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Atomico raises $1.24B for European tech startups
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Atomico, the VC firm run by Skype's Niklas Zennstrom, has raised $1.24 billion to back European tech startups. It's one of multiple new VC funds in Europe this year, as the continent's tech ecosystem looks to bounce back from down rounds and layoffs.
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Rob Minkoff on AI’s Impact on Film Direction
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I had the privilege of getting to speak with Rob Minkoff, the director of 1994's Lion King, about the impact of AI on film. Rob told me he's optimistic about the application of AI in film – but warned it's still a "Wild West" with issues to iron out.
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UBS Downgrades ASML to Neutral, Cuts Price Target
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UBS just downgraded ASML to "neutral" and cut its price target on the stock — here's why:
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Social Apps Face Content Responsibility Test Online
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This could be a real test of social apps’ long-held defence that the content that gets shared on their platforms isn’t their responsibility but users’.
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Telegram’s EU Compliance and CEO’s Transparency Stance
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Telegram didn’t respond to a request for comment but has previously said it abides by EU laws, and that its CEO has “nothing to hide.”
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Telegram CEO Durov Charged with Enabling Criminal Activity
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French prosecutors have formally charged Telegram CEO Pavel Durov with enabling criminal activity – including disseminating child porn, drug trafficking, and fraud – on the controversial messaging platform.
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Zuckerberg Claims Biden Admin Pressured Meta Censor Covid
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Hm… In a new interview, Mark Zuckerberg claims that the Biden Administration "pressured" Facebook parent company Meta to "censor" content related to Covid-19. https://
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Telegram Founder Pavel Durov Arrested for Platform Misuse
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Here’s all you need to know about Telegram founder Pavel Durov, who was arrested in France this weekend for failing to mitigate misuse of his platform for criminal activities. Via @LeeYingShan