‘Router freedom’ has arrived in Greece — here’s what it means

Mar15
by on March 15, 2023 at 3:11 pm
Posted In: Uncategorized


Greece has become the seventh EU country to introduce a principle called “router freedom.” This means consumers of any Internet Service Provider (ISP) can now use a modem or router of their choice, instead of equipment provided by the ISP. The freedom of choice for routers and modems is regulated in the EU by two primary sets of rules. The first one comes from the Net Neutrality Regulation in 2015, which establishes the people’s right to choose their own digital equipment. The second one is is a set of guidelines to identify the network termination point (NTP) in different network…

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Sailing, reimagined: UK startup bets wind-powered ships will cut carbon emissions

Mar15
by on March 15, 2023 at 12:41 pm
Posted In: Uncategorized


The maritime industry may have long replaced sails with engines, but a UK startup is betting that wind-powered ships still have a bright future. Founded in 2014, Smart Green Shipping (SGS), has developed a new type of wind sail, called FastRig, that cuts carbon emissions. According to the company, it can be retrofitted to existing commercial vessels with available deck space, requiring no additional crew to operate it or port-side infrastructure changes. It’s also retractable to allow for standard loading and unloading operations, and it’s designed to be recyclable. FastRig is paired with the startup’s software tool, TradeWind, which provides…

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92% of UK companies that tested 4-day work week decide to adopt it permanently

Mar14
by on March 14, 2023 at 12:27 pm
Posted In: Future of Work


If you lived in the 19th century and worked in manufacturing, you’d be looking at a working week of between 60 to 90 hours, according to research from the University of Groningen. These days, thankfully, things look a bit brighter. While working weeks differ across the EU—France famously has a 35-hour week—in general European staff can’t work more than 48 hours per week on average, including overtime. This means that we are now working between 50% and 125% less than we would have been in the 1800s—and the better news is that workers’ conditions have continued to improve. Weekly working…

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Sale of SVB UK ‘minimises disruption to British tech,’ says Bank of England

Mar13
by on March 13, 2023 at 8:04 pm
Posted In: Insider


The British tech sector can rest a little easier tonight after the UK arm of Silicon Valley Bank (SVB) was sold to HSBC for just £1. The intervention followed last week’s collapse of the subsidiary’s California-based parent company. The Bank of England (BoE) intervened over fears that mass withdrawals in the US would spread to the UK business. Many of SVB UK’s 3,300 customers, which include numerous VC investors and startups, warned they would go bust if their deposits were lost. The BoE had initially planned to put the bank into insolvency, which would have only guaranteed protection for deposits worth…

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EU extends crisis state aid rules to prevent green tech firms from leaving

Mar10
by on March 10, 2023 at 4:24 pm
Posted In: Uncategorized


The EU Commission is extending the relaxation of state aid rules to prevent green tech firms from relocating abroad and enable the bloc’s transition to a net-zero economy. The rules around national subsidies had already been amended in 2022 as a response to Russia’s war on Ukraine, seeking to enable member states to more easily finance struggling companies and energy production in Europe. Now, rising concerns about an escalating global subsidy race have pushed the EU to further prolong this temporary crisis framework — and even expand its scope to include support to domestic clean tech companies fighting climate change.…

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