Moody’s warns AI adoption risks banks’ reliance on tech giants
Payment and bankingNews
Moody’s warns that banks’ rapid adoption of AI increases their dependence on a small group of US tech firms, exposing them to systemic risks such as outages and price increases. The financial sector faces substantial investment needs while integrating AI into operations, according to the rating agency. (GUARDIAN)
AI
(#source_Guardian)By Christian Triantafillou Schade
News
European firms fear US cloud 'kill switch' more than ransomware
FranceGermanyUnited KingdomNews
A survey of 1,500 businesses in the UK, France and Germany found 74% fear a US government-imposed cloud 'kill switch' could disrupt operations. More than half said they could not operate for more than a day without cloud services, highlighting reliance on a small number of
(#source_www.itpro.com)By Christian Triantafillou Schade
How did we get here?
Big questionsBig questions
Europe's dependence on foreign technology was not one decision. It accumulated over four decades, event by event.
By Christian Triantafillou Schade
Latest specials
How did we get here?
Big questionsBig questions
By Christian Triantafillou Schade
The Fable 5 & Mythos AI debacle: A wake-up call for European digital sovereignty
OpinionOpinion
By Christian Triantafillou Schade
Digital sovereignty vs. digital autonomy - Europe’s twin imperatives
Moody’s warns AI adoption risks banks’ reliance on tech giants
Payment and bankingNews
Moody’s warns that banks’ rapid adoption of AI increases their dependence on a small group of US tech firms, exposing them to systemic risks such as outages and price increases. The financial sector faces substantial investment needs while integrating AI into operations, according to the rating agency. (GUARDIAN)
AI
(#source_Guardian)By Christian Triantafillou Schade
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Infomaniak CEO claims full European tech sovereignty achievable
SwitzerlandNews
Marc Oehler, CEO of Swiss cloud provider Infomaniak, argues Europe possesses the software required for total technological sovereignty, though long-term challenges remain in talent acquisition and hardware supply chains. The statement underscores ongoing debates on Europe's digital autonomy amid geopolitical tensions. (CYBERNEWS)
Infomaniak CEO says total European
(#source_cybernews.com)By Christian Triantafillou Schade
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European firms fear US cloud 'kill switch' more than ransomware
FranceGermanyUnited KingdomNews
A survey of 1,500 businesses in the UK, France and Germany found 74% fear a US government-imposed cloud 'kill switch' could disrupt operations. More than half said they could not operate for more than a day without cloud services, highlighting reliance on a small number of
(#source_www.itpro.com)By Christian Triantafillou Schade
UK launches GOV.UK business services overhaul with GDS and BIST
United KingdomGovernment and publicNews
The UK Government Digital Service (GDS) and the Department for Business, Innovation, Science and Trade (BIST) are collaborating to streamline business services on GOV.UK. The initiative aims to reduce administrative burdens on businesses by 25% (£5.6bn) by the end of parliament, aligning with broader regulatory simplification efforts. (UK
(#source_UK-GDS)By Christian Triantafillou Schade
Netherlands blocks Kyndryl's Solvinity acquisition over digital sovereignty
NetherlandsNews
The Netherlands has blocked U.S.-based Kyndryl's attempt to acquire Dutch cloud provider Solvinity, citing national security concerns. The decision reflects growing EU scrutiny over foreign control of digital identity infrastructure, including the deployment of EUDI Wallets, as biometrics consolidation accelerates. (BIOMETRICUPDATE)
Biometrics consolidation reflects shift to
(#source_Biometric-Update)By Christian Triantafillou Schade
EU accelerates IRIS² satellite network expansion
News
The EU is expanding its IRIS² secure satellite network by adding 66 new satellites to bolster Europe's security, resilience and digital sovereignty. The move aims to reduce reliance on non-European infrastructure and strengthen strategic autonomy in space-based services. (EU_PERSPECTIVES)
Europe just went all in on
(#source_euperspectives.eu)By Christian Triantafillou Schade
Italy launches €900M Made in Italy Fund for strategic SMEs
ItalyGovernment and publicNews
Italy activates its €900 million National Made in Italy Fund (FNMI) on 22 July to invest public capital in SMEs operating in critical sectors such as clean energy, advanced manufacturing and semiconductors. The initiative aims to strengthen domestic industrial capabilities and reduce strategic dependencies, with a focus on processing, supply
(#source_Decode39)By Christian Triantafillou Schade
Italy signs critical minerals pact with Western Australia
ItalyAustraliaNews
Italy’s export credit agency SACE and Western Australia signed a declaration to deepen cooperation on critical minerals, clean-energy technology and strategic supply chains. The agreement aims to build resilient bilateral supply chains and open new investment opportunities between Italian and Australian companies, Decode39 reports. (DECODE39)
Italy taps Western
(#source_Decode39)By Christian Triantafillou Schade
Italy attracts €900M+ in defense tech investments
ItalyMilitary and securityNews
Italy’s defense sector secures over €900 million in strategic investments within 48 hours, including Nuburu’s 70% stake in Tekne, Xenon’s acquisition of Deas, and Cdp Equity’s 85.5% stake in T-Defence. The deals, valued at €565 million for Tekne alone, signal growing European and American
(#source_Decode39)By Christian Triantafillou Schade
ENISA expands role in CVE Program with 20 CNAs
News
The European Union Agency for Cybersecurity (ENISA) now oversees 20 CVE Numbering Authorities (CNAs), including NATO’s NCIA and AI cybersecurity specialist AISLE, following its expanded role in the Common Vulnerabilities and Exposures (CVE) Program. The move aims to strengthen Europe’s vulnerability management infrastructure and coordination, reducing reliance on
(#source_eeNews-Europe)By Christian Triantafillou Schade
Bulgaria to host Europe’s largest space and defense R&D hub
BulgariaNews
Bulgarian satellite company EnduroSat plans to develop Europe’s largest space and defense R&D centre at the former Dobroslavtsi airport. The project, announced with Prime Minister Rumen Radev, follows government approval of a memorandum with Starbase Europe EOOD, owned by EnduroSat’s founder. The initiative aims to bolster
(#source_The-Recursive)By Christian Triantafillou Schade
EU Cyber Resilience Act makes transparency a CE requirement for connected products
News
The EU Cyber Resilience Act (Regulation (EU) 2024/2847) will require connected product manufacturers to demonstrate full software and supply-chain transparency from 2027. SBOMs, vulnerability tracking and lifecycle documentation become mandatory CE compliance elements, reshaping embedded and IoT development practices across Europe. (EENEWS EUROPE)
Cyber Resilience Act, Part 3:
(#source_eeNews-Europe)By Christian Triantafillou Schade
NEO Semiconductor unveils NEO.AI memory platform for AI processors
News
NEO Semiconductor launches NEO.AI, a memory platform combining X-SRAM and 3D X-DRAM to address AI processor bottlenecks. X-SRAM offers up to five times greater on-chip memory density, while 3D X-DRAM could increase high-bandwidth memory capacity tenfold. The platform aims to enhance AI hardware
(#source_eeNews-Europe)By Christian Triantafillou Schade
Italy’s COPASIR flags China’s influence as national security priority
ItalyChinaNews
Italy’s parliamentary intelligence watchdog COPASIR dedicates a dedicated section to China’s strategic influence in its 2026 annual report, framing it as a long-term national security issue. The report links Chinese influence to economic resilience, technology and critical infrastructure, signalling stronger oversight in these areas. (DECODE39)
China’s
(#source_Decode39)By Christian Triantafillou Schade
Digital sovereignty vs. digital autonomy - Europe’s twin imperatives
Deep DivesDeep Dives
Digital sovereignty and digital autonomy are often conflated, but the distinction is critical. One concerns national control over infrastructure; the other, individual choice in tools. Confusing them leads to policy gaps, misplaced priorities and, ultimately, a false sense of security