European Commission approves Temu’s action plan following DSA violations
The European Commission has approved the Chinese e-commerce platform Temu’s action plan to address breaches of the EU’s Digital Services Act, DSA. This is stated in a press release. The action plan, which Temu submitted in August, aims to improve the company’s risk assessments regarding the spread of illegal products on the marketplace. The Commission […]
Risk of defense technology bubble as venture capital pours in – Pitchbook
Investments in defense technology are increasing sharply as private equity firms turn to younger growth companies in the sector. Growth investments from private equity firms amounted to 4 billion dollars during the first nine months of the year, compared with 500 million dollars for the full year 2024, according to Pitchbook. CNBC reports. At the […]
Nordea cuts price target for Hiab to EUR 62, reiterates Buy
Nordea reiterates its Buy rating for Finnish logistics company Hiab but cuts its price target to EUR 62 from EUR 70 after unexpectedly weak order intake in North America during the third quarter. The bank cuts its EBIT forecasts for 2027 and 2028 by 12% and 9%, respectively, but continues to expect double-digit earnings growth […]
Pareto sees continued headwinds for Dometic – cuts price target
Pareto Securities maintains its Hold rating for Dometic and cuts the price target to SEK 22 from SEK 23. Third-quarter revenue and EBITA exceeded expectations by 6% and 11%, respectively, but demand outlook remains subdued. The analysts believe the company is under pressure from weak market conditions and high indebtedness. Pareto expects organic growth of […]
CEO: Amazon’s cloud capacity almost fully booked through 2028
Amazon’s cloud business Amazon Web Services, AWS, has largely sold out its capacity for both 2026 and 2027. A significant portion of its capacity for 2028 is also already booked, CEO Andy Jassy said in a podcast from venture capital firm Andreessen Horowitz, as reported by The Information. Jassy explained that AWS reserves some capacity […]
F-Secure and Qutwo expand collaboration on AI-based fraud protection
Cybersecurity company F-Secure is expanding its collaboration with Qutwo to enable AI-based fraud protection directly on consumers’ devices. Qutwo’s AI compression is intended to make threat detection models small enough to run locally, without personal data having to be sent to the cloud. The technology enables faster protection even without an internet connection and in […]
Prisjakt launches AI shopping assistant in the Nordics
On October 26, Prisjakt is launching an AI assistant that allows consumers to search for, compare and choose products through conversation. The service is based on the company’s product and price data, price history, expert reviews and user reviews to provide tailored product recommendations. The assistant will be available to all logged-in users in Sweden, […]
Anthropic’s Claude retrieved election data without human approval – Axios
Anthropic’s AI model Claude retrieved publicly available election data from Georgia without human approval. Axios reports. According to Anthropic, this occurred in connection with an internal statistical project and involved aggregated vote totals that the state of Georgia makes publicly available for a fee. The company states that Claude did not gain access to Georgia’s […]
Yubico’s stock climbs sharply on the back of a sector rally in the US
The cybersecurity company Yubico’s stock is climbing sharply on the Stockholm Stock Exchange, supported by a rally in the sector on Wall Street on Friday, Dagens industri reports. At 12:30 p.m., Yubico’s stock was up 15.6 percent at SEK 145.70 last paid. The stock has performed strongly, rising 258 percent over the past six months. […]
The Netherlands wants to reduce the number of civil servants by 25,000 with the help of AI – BN
The Dutch government plans to reduce the number of civil servants by 25,000 through efficiency measures using artificial intelligence, AI. The aim is to save 900 million euros annually by 2027 and 3.5 billion euros from 2035. Bloomberg News reports. The cuts will be implemented over several years, and the government is expected to present […]
