European firms fear US cloud 'kill switch' more than ransomware
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 US providers. (ITPRO)
Subscribe to our newsletter to get the latest updates and news
Christian Triantafillou Schade— Digital pioneer, tech reporter, corporate revolutionary. Christian Triantafillou Schade covers Europe's push for digital sovereignty, from cloud infrastructure to AI policy, and consults independently on process improvement and tooling.
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
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
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
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
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
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
