AISoftwareStartups

DataSnipper CEO Discusses AI Transformation in Auditing Industry on EU-Startups Podcast

DataSnipper CEO Vidya Peters shares insights on automating audit workflows with enterprise-grade AI technology. The Dutch unicorn recently achieved a $1 billion valuation and serves major clients including the Big Four accounting firms and Fortune 500 companies.

Audit Automation Platform Reaches Unicorn Status

DataSnipper, the Netherlands-based audit automation platform, has achieved significant market traction with over 600,000 professionals across 2,000 customers in 175 countries, according to recent reports. The company, which reached a $1 billion valuation following a $100 million Series B round led by Index Ventures in 2024, has been named the fastest-growing company in the Netherlands for two consecutive years, sources indicate.

BusinessSemiconductors

Dutch Government Assumes Control of Nexperia Amid Chinese Technology Transfer Concerns

The Dutch government has taken control of Nexperia following allegations of planned technology transfers to China. The chipmaker denies claims by its ousted CEO that its Chinese division is operating independently, while European automakers warn of potential semiconductor shortages.

Government Intervention in Chipmaker Operations

The Dutch government has assumed control of Nexperia, according to reports, invoking the nation’s Goods Availability Act amid concerns about sensitive technology transfers. Sources indicate the intervention came after allegations surfaced that company leadership planned to transfer critical chip technologies to its Chinese parent company, Wingtech Technologies. The Dutch Minister of Economic Affairs was granted authority to block or reverse corporate decisions deemed harmful to the company’s interests under the emergency measures.

PolicySecurity

Dutch Intelligence Agencies Restrict US Data Sharing Over Human Rights and Political Concerns

Dutch intelligence chiefs have confirmed restricting intelligence cooperation with United States agencies amid concerns about political interference and human rights implications. The unprecedented move reflects growing unease among European allies about how sensitive information might be utilized by the current US administration.

Intelligence Sharing Restrictions Implemented

The Netherlands has reportedly scaled back intelligence cooperation with United States agencies due to mounting concerns that the current administration might misuse information in ways that could violate human rights or potentially benefit Russia, according to statements from Dutch intelligence leaders. This development represents one of the most candid admissions by a foreign intelligence service regarding the consequences of political changes within US intelligence structures.

International Business and TradeSemiconductors

European Auto Industry Braces for Semiconductor Supply Disruption Following China’s Nexperia Export Restrictions

European automotive manufacturers are activating emergency response plans as China moves to restrict exports from Dutch-based chipmaker Nexperia. Industry leaders warn of potential production halts reminiscent of the 2021 semiconductor crisis, with companies establishing task forces and daily supply chain assessments.

Automotive Industry Reacts to Supply Chain Threat

European carmakers are reportedly deploying strategies reminiscent of their pandemic-era response as they prepare for a potential semiconductor supply crisis. According to reports, the industry is bracing for impact after the Dutch government seized control of Chinese-owned chipmaker Nexperia, prompting Beijing to restrict the company’s outbound shipments.

BusinessSoftware Guides

Spotify Managed Accounts Expand to US and Key Markets for Family Plan Users

Spotify has expanded its Managed Accounts feature to the United States, United Kingdom, Canada, and multiple European countries. The family-focused streaming control allows parents to manage music content for children under 13 while maintaining separate listening experiences.

Spotify has significantly expanded the availability of its parent-managed accounts to key international markets including the United States, United Kingdom, Canada, Australia, and several European nations. This strategic rollout follows successful pilot testing and represents Spotify’s continued commitment to family-friendly streaming options that give parents granular control over their children’s music consumption.

What Are Spotify Managed Accounts?

AwardsEarth Sciences

Immigrant Economists Dominate 2024-2025 Nobel Prize Awards

In a landmark achievement, five immigrants to America have secured the Nobel Prize in Economic Sciences for 2024 and 2025. Four of these laureates were former international students, continuing a trend of immigrant excellence in scientific fields that spans decades.

In a powerful demonstration of global talent shaping American intellectual leadership, five immigrants to America have been awarded the Nobel Prize in Economic Sciences across 2024 and 2025 ceremonies. This remarkable achievement comes at a time when immigration policies face increased scrutiny, yet the data reveals immigrants’ disproportionate contributions to American scientific excellence. Four of the five laureates were former international students who studied at U.S. institutions before making groundbreaking contributions to economic theory.

2025 Nobel Prize Economics Winners and Their Research

PolicySemiconductors

Dutch Government Seizes Control of Chinese-Owned Chipmaker Nexperia in Unprecedented Move

The Netherlands has taken the extraordinary step of placing Chinese-owned chipmaker Nexperia under temporary government control. The move comes amid rising trade tensions and concerns about semiconductor supply chain security in Europe.

The Dutch government has taken the highly exceptional step of seizing control of Nexperia, a Chinese-owned semiconductor manufacturer based in the Netherlands, invoking emergency powers to ensure critical chip supplies remain available in Europe. This unprecedented intervention comes amid escalating global trade tensions and concerns about the security of semiconductor supply chains, with the Dutch Ministry of Economic Affairs citing “serious governance shortcomings” at the chipmaker.

Emergency Powers Invoked for Semiconductor Security