Electronic News

EC to empower anti-Google law-suits

Not content with slapping a $2.4 billion fine on Google, the EU competition commissioner is urging companies to sue the company. Google was found guilty of skewing the results of searches to favour its own shopping price comparison site over others. Margrethe Vestager, the EC’s anti-trust chief, says she will shortly publish a report on ...

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Memory ASPs drive Micron profit

Micron had a calendar Q2 net profit of $1.6 billion compared to a $215 million loss in calendar Q2 2016. Revenue for the quarter was $5.6 billion, up from $2.9 billion in calendar Q2 2016. “Micron delivered strong operational performance in the third quarter with free cash flow nearly double last quarter, which enabled us ...

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The Estonian Option

Estonia is offering an answer to Brexit. If we’re out of the single market and customs union in March 2019 then UK companies wanting to continue trading with the EU can do it by paying €100 to Estonia for EU eResidency. The Estonian option gives the company all the benefits of being in a country ...

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Hackers target energy companies

Energy companies, including nuclear energy companies, are likely to come under hacking attack warns the FBI and US Department of Homeland Security. The agencies have detected attempts by hacker to harvest access information to electricity providers. “Historically, cyber actors have strategically targeted the energy sector with various goals ranging from cyber espionage to the ability ...

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Glaxo turns to AI specialist Exscientia for new drug development

GSK has signed up Exscientia of Dundee to provide AI technology to develop new drugs. If targets are met, Exscientia will receive $43 million from the deal, ‘We are the first company to automate drug design,’ says Exscientia. Exscientia claims to be able to identify new opportunities for new drugs in around a quarter of ...

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Macron, CEA-Leti Push Startup Movement

Last week, CEO of CEA-Leti was hosting hundreds of technology partners, celebrating Leti's 50th anniversary. That week, President Macron was at the inauguration of Station F, a supersized incubator designed to foster 1,000 startups.

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