Europe pitches a new partnership to President-elect Biden

With the “America First” president heading for the exit, Europe hopes to build a new transatlantic partnership with his successor, President-elect Joe Biden—and it would like to start with vaccines.



Joe Biden et al. posing for the camera


© Leigh Vogel-Getty Images for Concordia Europe Summit


On Wednesday, the European Commission publicly set out its wish list for the future EU-U.S. relationship. At the top of the list: an invitation for the Biden-era U.S. to join the Covax initiative, a global pact for the equitable distribution of COVID-19 vaccines. After China joined a couple months back, the U.S. became the only major holdout.

Loading...

Load Error

Also on the list: a “transatlantic green trade agenda” and a “green tech alliance”, regulatory cooperation on labor rights and tech, finance and tax reform, plus a joint effort to reform the World Trade Organization.

“We are taking the initiative to design a new transatlantic agenda fit for today’s global landscape,” said European

Read More

Europe Geosteering Technology Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Product and Application

New York, Nov. 27, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Europe Geosteering Technology Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Product and Application” – https://www.reportlinker.com/p05989527/?utm_source=GNW
Surge in demand for precise real-time information to achieve maximum production is expected to escalate the Europe geosteering technology market.Geosteering technologies are widely applied for well-placement operations in the oil & gas industry.

Geosteering gives real-time information in the form of imaging surveys.This technology provides 2D and 3D terrain projections around the oil reservoir by continuously adjusting the drill head positioned above an oil well.

Moreover, the drill operating team uses a combination of electronic logs and drilled cutting operations, which helps in identifying the area’s paleontological properties and surfaces to be drilled.Geosteering uses various tools, such as logging while drilling (LWD), measurement-while-drilling (MWD), and drive system, for the operations mentioned above.

Therefore, the surge in

Read More

Europe Computer Vision Market (2020 to 2026) – by Product Type, Component, Application, Vertical and Country

Dublin, Nov. 27, 2020 (GLOBE NEWSWIRE) — The “Europe Computer Vision Market by Product Type, Component, Application, Vertical and Country: Industry Analysis and Forecast 2020-2026” report has been added to ResearchAndMarkets.com’s offering.

The Europe Computer Vision Market is expected to witness market growth of 9.4% CAGR during the forecast period (2020-2026).

Computer Vision is one of the applied fields of Computer Science and Artificial Intelligence that offers a visual understanding of the globe through computers. It is mainly concerned with the theory and technology that are designed for structuring the artificial systems. These systems contain important information from images or multi-dimensional data. Computer vision is largely concerned with the automatic extraction, understanding, and analysis of meaningful data from a single image or a sequence of multiple images. It comprises the development of an algorithmic and theoretical basis to achieve understanding through automatic visual.

Computer vision technology is principally being adopted

Read More

10,000 Job Cuts Expected In Europe; UK, Germany Most Affected

KEY POINTS

  • The job cut will affect 20% of the company’s staff members
  • IBM would sell off most of its IT services
  • The company fired thousands of employees in May 

International Business Machines Corp. plans to cut nearly 10,000 jobs in Europe ahead of a broad shift to a hybrid cloud approach. 

The job cuts at IBM will significantly affect the United Kingdom and Germany. Cuts are also planned in Poland, Slovakia, Italy and Belgium. IBM’s wide-ranging losses will affect 20% of staff members managing the daily support function for client data centers and IT support, sources told Bloomberg. 

IBM announced the decision in November during a meeting with European labor representatives, according to a union officer with knowledge of the conversations. 

“Our staffing decisions are made to provide the best support to our customers in adopting an open hybrid cloud platform and AI capabilities,” an IBM spokesman said. “We

Read More

Tesla’s Musk Says Company Might Launch Hatchback in Europe

Electric-car maker Tesla  (TSLA) – Get Report might explore a new hatchback model in Europe, Chief Executive Elon Musk said on Tuesday, according to multiple media reports.

“Possibly in Europe it would make sense to do, I guess, a compact car, perhaps a hatchback or something like that,” Musk told a European online conference on batteries hosted by the German government, as reported by Reuters.

“In the U.S., the cars tend to be bigger for personal-taste reasons,” he said. “In Europe, (they) tend to be smaller.”

Shares of the Palo Alto, Calif., company at last check were down 1.8% to $545.50.

On Tuesday shares of Tesla reached a market valuation of $500 billion for the first time.

Tesla’s share price has surged in the recent past, driven by its approaching inclusion in the S&P 500 index. Tesla will join the index on Dec. 21. 

Musk has been one

Read More

IBM to cut 10,000 jobs in Europe, most in UK, Germany: Bloomberg

  • Tech giant IBM plans to cut around 1 in 5 jobs across Europe, sources close to the matter told Bloomberg on Wednesday.
  • About 10,000 jobs face the axe, they said.
  • The UK and Germany will see the most job cuts, the sources said, and roles in its legacy managed-infrastructure IT services business are most at risk.
  • An IBM spokesperson told the publication that its staffing decisions “are made to provide the best support to our customers in adopting an open hybrid cloud platform and AI capabilities.”
  • Visit Business Insider’s homepage for more stories.

Tech giant IBM is planning to cut about 10,000 jobs in Europe, Bloomberg reported Wednesday.

The cuts will affect around 1 in 5 staff in the region, sources close to the matter told the publication.

The UK and Germany will see the most job cuts, but staff in Poland, Slovakia, Italy, and Belgium will also lose their

Read More

Cinemo to Present Latest Infotainment Solutions at TU-Automotive Europe 2020

KARLSRUHE, Germany–(BUSINESS WIRE)–Cinemo, a global leader in high performance and automotive grade multimedia playback, streaming, media management, connectivity and cloud middleware, has announced its participation at the virtual TU-Automotive Europe 2020 event to be held between the 23rd to 26th November 2020.

TU-Automotive Europe (formerly Telematics Munich) is Europe’s largest conference & exhibition dedicated to the future of auto mobility. This year the event is virtual, but will deliver the same, high-quality content including world renowned keynotes, conference tracks, workshops, roundtables and working groups that TU-Automotive is known for.

Cinemo will be presenting a range of transformative technologies all designed to create an individualized holistic platform that is central to the connected car. These include Video on Demand in the vehicle, fluent Rear-Seat high-end gaming for passengers, Widevine DRM, Hardware Accelerated A/V playback, and Multi-Seat Infotainment in general. During the show, Cinemo also plans to address concerns about

Read More

Europe looks to crack open data encryption on messaging services like WhatsApp

  • End-to-end encryption is a security tool used by some apps and services — including WhatsApp, Signal and Facebook Messenger — to provide a greater level of privacy. 
  • Messages sent using this tool are encrypted before they leave the sender’s phone or computer, with a key unique to the devices at either end of an exchange.



WhatsApp and Messenger are highly popular messaging apps.


© Provided by CNBC
WhatsApp and Messenger are highly popular messaging apps.

The EU appears to be laying the groundwork for a move against data that has received end-to-end encryption after a spate of terrorist attacks in Paris, Vienna and Nice. 

Loading...

Load Error

In a joint statement released earlier this month, home affairs ministers from EU member states called on heads of state to “consider the matter of data encryption so that digital evidence can be lawfully collected and used by the competent authorities.” 

The statement comes after several EU internal documents on encryption were

Read More

Europe, US ‘climate guardian’ satellite to monitor oceans

BERLIN (AP) — A “climate guardian” satellite set for launching this weekend will greatly help scientists keep track of the rise in sea levels, one of the most daunting effects of global warming, a senior official at the European Space Agency said Friday.

The satellite, known as Sentinel-6 Michael Freilich and jointly developed by Europe and the United States, contains cutting-edge instruments able to capture sea surface height with unprecedented accuracy, adding to space-based measurements going back almost 30 years.

“This is an extremely important parameter for climate monitoring,” said Josef Aschbacher, the European Space Agency’s director of Earth observation.


Billions of people living in coastal areas around the planet are at risk in the coming decades as melting polar ice and ocean expansion caused by warming push waters ever higher up the shore.

“We know that sea level is rising,” Aschbacher saud. The big question is, by how much,

Read More

Europe needs to build the digital future not just bash Big Tech

A year ago, Margrethe Vestager was handed a simple mission that is fiendishly tricky to fulfil: make Europe fit for the digital age. The EU’s executive vice-president is now nearing delivery time. Over the next few months, the European Commission will unveil landmark legislation to help protect consumers and smaller companies from the overmighty US tech giants, combat disinformation and cyber crime, improve connectivity and unleash entrepreneurial innovation. 

It would be overstating things to say this is a make-or-break moment for the EU; for centuries Europe has proven itself to be as reinventive as it is robust. But this legislation may help determine whether Europe can catch up and even outpace the US and China in many fields, or limp along in the digital slow lane. 

Investors have already delivered their preliminary, and pessimistic, verdict: the US tech sector is today worth more than all the stock markets of 27

Read More