VENTURE CAPITAL POST

The Chinese e-commerce company Alibaba has been fast-tracking its global expansion by launching its ‘Alibaba Guaranteed’ service that would be aiming to target small businesses in the United States and Europe.

Germany said that the European Commission has agreed to compensate power company LEAG with up to$1.90 billion for deciding to move away from coal by 2038.

Airbus CEO Guillaume Faury has called for Europe to increase its investment in defense production.

Spotify has increased all of its premium subscription in France by 1.2% in response to the French government’s levy on music streaming platforms.

The US and Europe are considering acquiring or producing H5N1 bird flu vaccines to protect poultry and dairy workers.

French Finance Minister Bruno Le Maire told Bloomberg that the G7 has an issue with China’s economic model, where the country produces more and more cheaper industrial devices, which he claimed could pose a threat to the global market.

Tesla is making efforts to address concerns raised by European leasing companies due to multiple retail price cuts and delays in service.

Chinese companies are optimistic about global trade, posing challenges to complete separation, especially as European firms, notably Germany, Spain, and France, express confidence in expanding their presence in China.

Slovak journalists are concerned that the assassination attempt on Prime Minister Robert Fico would result in a renewed push for a proposal replacing the country’s public broadcaster RTVS.

Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.

A German district court recently ordered Lenovo to remove all of its Lenovo and Motorola devices from the German market after it favored InterDigital, the patent holder of its WWAN modules.

The Norwegian oil production tanker Johan Castberg is undergoing final checks before she sets sail for a Barents Sea oil field of the same name by Q4 2024.

Data analysts from the German cybersecurity consultancy SRLabs said that a large network of fake online designer shops apparently operated from China have stolen money and personal data from over 850,000 people in Europe and the United States.

Brooks Running's newly appointed chief executive has expressed optimism about the potential growth of the business in China and Europe.

Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States.