Two European sports tech startups are heading to the US for an R&D programme run by media giant Comcast. Ireland’s Orreco will cross the Atlantic with a trove of athletic performance software, while Iceland’s Oz Sports will bring an AI-driven camera system. On arrival, the duo will join Comcast NBCUniversal SportsTech, a six-month accelerator.  During the programme, the companies will tap into expertise from various industry leaders. Among them are Comcast broadcasting networks NBC Sports, Sky Sports, and the Golf Channel from Comcast’s broadcasting empire. Further support will come from a star-studded squad of partners, including the Premier League, the…

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Dutch software firm Bird is moving most of its operations out of the Netherlands and opening new global hubs as it seeks a reprieve from “overregulation” in Europe, said co-founder and CEO Robert Vis. “The AI Act, financing, compensation, taxes, employment law — starting and running a company [in Europe] is hard,” Vis told TNW, adding that there are “too many disparate markets that are overregulated with no clear vision for the future while the world around us is changing.” Bird (formerly MessageBird) is one of the Netherlands’ leading tech scaleups, reaching unicorn status in 2018. Bird’s main product is…

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Europe’s biggest food delivery firm Just Eat Takeaway.com is set to be acquired by tech investor Prosus for €4.1bn, in one of the biggest acquisitions in the history of Dutch tech.  Prosus — the investment arm of South African tech firm Naspers — has agreed to buy Just Eat Takeaway’s shares at €20.30 each in an all-cash offer. That’s a 22% premium over the delivery app’s recent three-month high but only a fifth of its pandemic-era peak of above €100 per share. Following the announcement, Just Eat Takeaway’s shares climbed 53% on the Amsterdam Stock Exchange this morning. Just Eat…

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Elon Musk’s MAGA politics are fast becoming a mega problem for Tesla. New registrations of Tesla vehicles plummeted across Europe last month amid widespread boycotts against the EV brand. While broader economic forces are at play, Musk’s role in the Trump administration and his open support of far-right politicians appears to be fuelling his company’s precipitous fall from grace — and gifting rival brands a golden opportunity. Germany’s transport authority reported that new Tesla registrations in January fell by nearly 60% year-on-year. That’s despite the country’s battery-electric vehicles sector seeing a combined 53.5% growth in sales last month. Dramatic declines…

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Europe’s startup scene has entered troubled waters. Long overshadowed by Silicon Valley and now being chased down by China, the continent is urgently looking for boosts. Increasingly, the search is leading to ecosystems.  The ecosystem model creates networks of individuals, organisations, and resources. Their shared expertise and resources can produce a multiplier effect, driving innovation and accelerating growth. A core component of European ecosystems is the EU. While its tech strategy often faces criticism, the bloc has also played a key role in driving startup success. Just ask Nicolas Benady, the CEO of Swan, a thriving banking-as-a-service (BaaS) fintech based in France.…

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