The European Union needs to quickly create a digital euro to cut the bloc's dependence on dominant U.S. payment companies, Economic Commissioner Valdis Dombrovskis said on Wednesday.

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Technology Roundup

Technology Roundup

 

EU needs digital euro to become independent from US, says EU's Dombrovskis 

 

Amazon axes 16,000 jobs as it pushes AI and efficiency 

 

China gives nod to ByteDance, Alibaba and Tencent to buy Nvidia's H200 chips - sources 

 

ASML lifts 2026 outlook on record AI chip orders, plans 1,700 job cuts 

 

Google to pay $135 million to settle Android data transfer lawsuit 

 

PREVIEW Strong iPhone sales to power Apple's holiday quarter, Google AI dealĀ in focus 

 

Snap seeks investments as new smart glasses unit takes on Meta 

 

SK Hynix beats forecasts with record quarterly profit, sees explosive memory chip demand 

 

SoftBank in talks to invest up to $30 billion more in OpenAI, source says 

 

AT&T bets on fiber, spectrum deals to forecast annual profit above expectations 

 

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