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  • Top 10 Venture Capital firms in Italy in 2025

    Top Venture Capital firms in Italy in 2025 - Portugal Business News Investment News Europe – Here are the Top 10 Venture Capital firms (VCs) in Italy in 2025, according to a report by CBInsights dated November 24th, 2025:     Here are the Top 10 Venture Capital firms (VCs) in Italy in 2025:     1 – CDP Venture Capital CDP Venture Capital ranks No. 1 Venture Capital firm (VC) in Italy in 2025 with 139 deals since 2023 and 13 exits.   Nearly one-fifth of investments went to AI companies — including AI model compressor Multiverse Computing and processing unit developer Axelera AI. CDP Venture Capital also shows the best exit track record, backing 13 startups since 2018 that went on to exit. The biggest exit of the fund was that of IoT security platform Nozomi Networks (acquired by Mitsubishi Electric for $1B).     2 – Primo Capital   Primo Capital ranks 2 nd  Venture Capital firm (VC) in  Italy in 2025 with 33 deals since 2023 and 8 exits.     3 – Vento   Vento ranks 3rd Venture Capital firm (VC) in  Italy in 2025 with 83 deals since 2023 and 2 exits.     4 – GELLIFY   GELLIFY ranks 4 th  Venture Capital firm (VC) in  Italy in 2025 with 2 deals since 2023 and 8 exits. GELLIFY is the first Italian innovation platform that invests in B2B software digital start-ups and connects them to traditional companies     5 – LVenture Group   LVenture ranks 5 th  Venture Capital firm (VC) in  Italy in 2025 with 10 deals since 2023 and 7 exits.     6 – United Ventures   United Ventures ranks 6 th  Venture Capital firm (VC) in Italy in 2025 with 18 deals since 2023 and 5 exits.     7 – OLTRE IMPACT   OLTRE IMPACT ranks 7 th  Venture Capital firm (VC) in  Italy in 2025 with 3 deals since 2023 and 5 exits.     8 – LiFTT   LiFTT ranks 8 th  Venture Capital firm (VC) in  Italy in 2025 with 31 deals since 2023 and 2 exits. LIFTT is a venture capital holding company focused on deep tech, with a hands-on, multi-sector approach aimed at creating meaningful impact.     9 – P101   P101 ranks 9 th  Venture Capital firm (VC) in  Italy in 2025 with 18 deals since 2023 and 3 exits. P101 is an Italian Venture Capital firm mainly focused on digital media and technology.     10 – PI CAMPUS   PI CAMPUS ranks 10 th  Venture Capital firm (VC) in  Italy in 2025 with 2 deals since 2023 and 4 exits.

  • Portugal Business News is a Media Partner of Economist Impact

    Portugal Business News is a Media Partner of Economist Impact, The Economist Group Portugal Business News is a Media Partner of Economist Impact, for the The Economist Group 13th annual World Ocean Summit & Expo on March 4th-5th 2026 | Montreal, Canada. Register here for a 30% discount code on delegate passes: 1 - Click to see the Portugal Business News reference on Economist Impact:   Economist Impact Media partners 2 - Click to see the Economist Impact Newsroom on Portugal Business News: Economist Impact World Ocean Summit & Expo 2026 Newsroom Register here for a 30% discount code on delegate passes for the Economist Impact World Ocean Summit & Expo 2026 & use the Discount code = WOSC/MP20   3 - Click to see more references about Portugal Business News:   About Portugal Business News:     About Portugal Business News®:  The Portugal Business News website was created in September 2022 and is a registered trademark No. 702305.   The Portugal Business News website, that started by providing Business News about all sectors in Portugal now focuses on a broad range of business sectors for all European countries and international news.   The main sectors covered by Portugal Business News across Europe are Tech, Startups, Economy, Investment, Real Estate, Luxury Brands, Renewable Energy, Travel and Tourism, EU Defence, Jobs and Salaries, business opinions and expert advice on SEO and HR trends, to name a few.   Articles by Portugal Business News are published and referenced on flagship industry websites, on Government trade and investment websites, on the websites and reports of leading research companies and organizations, including the European Commission, Invest Europe, Crunchbase, Dealroom, Economist Impact, Startup Genome, Wikipedia; in specialized magazines globally, in Portuguese newspapers and in multilingual news aggregators.     About Economist Impact:   Economist Impact is a member of The Economist Group. The Group's parent company is The Economist Newspaper Limited, registered in England with company number 236383 and registered office at The Adelphi, 1-11 John Adam Street, London, WC2N 6HT. With more than 120 speakers and over 800 in-person attendees, Economist Impact's 13th World Ocean Summit & Expo will bring together business leaders, policymakers and investors to turn regulation into strategy, and ambition into measurable progress. Join us to chart the future of ocean governance, innovation and investment. Portugal Business News is a Media Partner of Economist Impact - Portugal Business News

  • Portugal significantly drops corporate and income tax for 2026

    Portugal significantly drops corporate and income tax for 2026 - Portugal Business News Financial News Portugal - Portugal significantly drops corporate tax to 19% and personal income tax to 15.7% for taxable income between 8,342.00-12,587.00 euros, in a new budget voted on November 27th, 2025. Here is the list of Portugal’s new tax measures for 2026:     Here is the list of Portugal’s new tax measures for 2026:   1 – Portugal’s corporate tax drops to 19%  in 2026   2 - In the case of SMEs, Portugal’s corporate income tax applicable to the first €50,000 of taxable income drops to 15%  in 2026   3 – Portugal’s Corporate Income Tax Code stipulates that autonomous taxation rates are increased by 10 percentage points for companies that report a tax loss in the fiscal year, unless they are in their first or second year of operation.   4 - The corporate income tax benefit for companies licensed to operate in the Madeira Free Trade Zone (ZFM) is at a rate of 5% , until December 31, 2033.   5 - The shareholders of companies licensed to operate in the Madeira Free Trade Zone are exempt from IRS (Personal Income Tax) or IRC (Corporate Income Tax), until December 31, 2033, on the profits made by these companies (with the exception of those resulting from transactions carried out with entities resident or domiciled in tax havens).   6 – Portugal's Personal income tax brackets in 2026 will be:   ·      12.5%  for taxable income of up to 8,342.00 euros ·      15.7%  for taxable income between 8,342.00-12,587.00 euros ·      21.2%  for taxable income between 12,587-17,838.00 euros   ·      24.1%  for taxable income between 17,838-23,089 euros ·      31.1%  for taxable income between 23,089-29,397.00 euros   7 - Salaries up to 920 euros are exempt from income tax in 2026,  as the minimum subsistence level in Portugal will be updated to 12,880 euros.   8 - The exemption from IMT (Property Transfer Tax), stamp duty, and fees on the purchase of a first home for young people up to 35 years old is extended up to 330,539 euros .

  • Zara ouvre son magasin phare à Barcelone

    Zara ouvre son magasin phare à Barcelone - PBN Actualités marques de mode Europe - Zara ouvre son magasin phare à Barcelone, un espace de 1,000 m2 entièrement rénové entre l’emblématique Avenida Diagonal et Calle Casanova. Voici les images de la nouvelle boutique de Zara à Barcelone :   La nouvelle boutique phare de Zara à Barcelone ressemble désormais à une galerie de musée avec des couloirs, deux espaces d’accueil avec deux sculptures et dix salles conçues par le célèbre architecte belge Vincent Van Duysen.   Plusieurs des salles du nouveau magasin Zara présentent des vitrines mettant en valeur des objets clés, créant une atmosphère de musée avec un fauteuil central dans la pièce principale qui rappelle le banc central d’une galerie de musée pour admirer les œuvres d’art.   La nouvelle boutique Zara à Barcelone combine la beauté tranquille de salles privées qui se suivent comme dans un musée où les clients peuvent prendre le temps d’admirer chaque pièce d’art de la marque de mode Zara.

  • Zara opens its flagship store in Barcelona

    Zara opens its flagship store in Barcelona - Portugal Business News Fashion News Europe - Zara opens its flagship store in Barcelona, a 1,000 m2 space that has been fully renovated between iconic Avenida Diagonal and Calle Casanova. Here are the images of Zara's new store in Barcelona:   Zara’s new flagship store in Barcelona now resembles a museum gallery with hallways, two reception areas with two sculptures, and ten rooms designed by renowned Belgian architect Vincent Van Duysen.   Several of the rooms in the new Zara store feature display cases showcasing key items, creating a museum-like atmosphere with a central armchair in the main room that is reminiscent of the central bench in a museum gallery from which to admire the artwork.   The new Zara store in Barcelona combines the calm beauty of private museum-line rooms where customers can take the time to admire each Zara fashion piece of art.

  • Top 10 cheapest rents in the city centers of Europe in 2025

    Top 10 cheapest rents in the city centers of Europe in 2025 - Portugal Business News Immigration News Europe - This is the ranking of the Top 10 cheapest monthly rents for a one-bedroom apartment in the city centers of Europe in 2025, according to the Deutsche Bank report Mapping the World’s Prices 2025:     Top 10 cheapest rents for a one-bedroom apartment in the city centers of Europe in 2025:     1 – Athens, Greece   Athens, Greece ranks No. 1 country with the cheapest rent for a one-bedroom apartment in the city centers of Europe in 2025, with a monthly rent of USD 650.     2 – Budapest, Hungary   Budapest, Hungary ranks 2 nd country with the cheapest rent for a one-bedroom apartment in the city centers of Europe in 2025, with a monthly rent of USD 727.     3 – Istanbul, Turkey   Istanbul, Turkey ranks 3 rd country with the cheapest rent for a one-bedroom apartment in the city centers of Europe in 2025, with a monthly rent of USD 948.     4 – Prague, Czech Republic   Prague, Czech Republic ranks 4 th country with the cheapest rent for a one-bedroom apartment in the city centers of Europe in 2025, with a monthly rent of USD 1,139.     5 – Warsaw, Poland   Warsaw, Poland ranks 5 th country with the cheapest rent for a one-bedroom apartment in the city centers of Europe in 2025, with a monthly rent of USD 1,141.     6 – Helsinki, Finland   Helsinki, Finland ranks 6 th country with the cheapest rent for a one-bedroom apartment in the city centers of Europe in 2025, with a monthly rent of USD 1,204.     7 – Vienna, Austria   Vienna, Austria ranks 7 th country with the cheapest rent for a one-bedroom apartment in the city centers of Europe in 2025, with a monthly rent of USD 1,259.     8 – Brussels, Belgium   Brussels, Belgium ranks 8 th country with the cheapest rent for a one-bedroom apartment in the city centers of Europe in 2025, with a monthly rent of USD 1,303.     9 – Rome, Italy   Rome, Italy ranks 9 th  country with the cheapest rent for a one-bedroom apartment in the city centers of Europe in 2025, with a monthly rent of USD 1,326.     10 – Birmingham, United Kingdom   Birmingham, United Kingdom ranks 10 th  country with the cheapest rent for a one-bedroom apartment in the city centers of Europe in 2025, with a monthly rent of USD 1,337.

  • What is Portugal’s financial contribution to the European Space Agency (ESA)?

    Portugal's Space observation center, Santa Maria, Azores - Portugal Business News Government of Portugal News - Portugal intends to increase its contribution to the ESA by 51% to reach 204.8 million euros, that is Portugal’s largest contribution ever to the European Space Agency, creating a Space Technology Hub in the Azores. Here are Portugal’s Space Programs and the economic impact of Portugal’s Space sector:   Portugal’s proposal will be presented by the Minister of Education, Science and Innovation, Fernando Alexandre, during the ESA Ministerial Council, which will take place in Bremen, Germany, on November 26 and 27, and will bring together the 23 member states, associated countries and the European Commission.     1 - What is Portugal’s financial contribution to the European Space Agency (ESA)?   Portugal intends to increase its financial contribution to the European Space Agency (ESA) by 51% during the period 2026-2030, to a total of 204.8 million euros.   This reinforcement demonstrates Portugal’s commitment to the Space sector and now involves more government areas. It represents the largest ever increase in the ESA's multi-year subscription, associated with the country's largest ever investment, made in the year that marks the 25th anniversary of Portugal's accession to the ESA.     2 - What sectors will receive a share of Portugal’s Space budget?   Given the growing impact of the Space sector on other areas, Portugal’s Space budget of 204.8 million euros is divided to the government sectors:   1 - Science and Innovation – 56.7% 2 – Defence – 16.2% 3 – Economy – 14.1% 4 – Infrastructure – 9.8% 5 – Environment – 1.7% 6 - The Regional Government of the Azores – 1.5%     Portugal’s Science and Innovation department will ensure the mandatory programs, particularly the Scientific program, and the optional programs more directly associated with scientific missions and collaboration between research centers and technology companies.     3 – What are Portugal’s Space Programs?   Several Government sectors and the Autonomous Region of the Azores contribute to optional Space programs, including:   1 – Space Rider   One of Portugal’s funded missions is Space Rider, which aims to develop a reusable spacecraft for conducting scientific experiments in microgravity and testing service technologies for other space missions. The vehicle will return off the coast of Santa Maria Island in the Azores, creating a Space Technology Hub.     2 - The Atlantic Constellation   Portuguese investment, secured primarily by the government's Defense sector, will help create national technological capacity and position the Atlantic Constellation  for the future European Union Earth Observation Government Service.   The Atlantic Constellation is an integrated Earth Observation system that will provide strategic monitoring capabilities from space, supplying crucial information for defense and security, including the preparation of military exercises and support for civilian operations and emergency management, encompassing forest fires.     3 – Research   This investment exemplifies what is intended for the future Agency for Research and Innovation (AI2): to create a continuous link between Science and Innovation, involving all sectors and ministerial areas, so that the knowledge generated in universities and laboratories reaches companies more quickly and is applied to solutions that impact people's lives and add value to our economy.     4 - Training   Training opportunities in the Space sector have grown significantly in Portugal.  In the last five years alone, Aerospace Engineering courses have been created at the Universities of Porto, Minho, Aveiro, and Évora. Despite the significant increase in the number of places available, this remains the course with the highest entry grade in the country.     5 - Earth Observation, 6 - Space Security, 7 - Space Transportation, 8 - Communications, 9 - Technology, 10 – Resilience.     4 – What is the number of companies in Portugal’s Space sector?   The number of companies in Portugal’s space sector has also been growing, having doubled in the last 10 years (from 42 to 84).     5 – What is the economic impact of Portugal’s Space sector?   A socioeconomic study by Novaspace also points to very positive effects of the Space sector on the Portuguese economy, with a return of 2.17 euros for every euro invested.   Strengthening Portugal's contribution to the 2026-2030 cycle aims to encourage the creation of more and better research, new companies, the attraction of multinational companies and foreign investment, generating highly qualified jobs, in order to retain the talent trained in Portuguese universities, particularly in Aerospace Engineering courses.     6 - When did Portugal become a member of the ESA?   Portugal formally became a member of the European Space Agency (ESA) on November 14, 2000.

  • Top 10 countries on the frontlines of European Defence by VC Investment

    Top 10 countries on the frontlines of European Defence by VC Investment - Portugal Business News Defence News Europe – Here are the Top 10 countries on the frontlines of European Defence by VC Investment in 2025 as well as the VC funds that invested in Tough Tech Defence startups, according to the Tough 10 countries by VC Funding report by Dealroom.co published in November 2025:   A new report by Dealroom states: “The Eastern Flank Is Reinventing Europe’s Defence Future: The Rise of the Tough Ten” .     1 - What are Tough Tech Defence startups?   ·      Tough Tech Defence startups represent 16% of all startups across the Tough 10 countries on the frontlines of European Defence vs. 10% in the rest of Europe. ·      By 2025, 53% of Deep Tech investment in Europe’s eastern flank is expected to flow into Defence-driven innovation ·      Space and Quantum have become dominant verticals, alongside Energy Security and Resilience Tech.   The Tough 10 Defence startups report is the first comprehensive mapping of defence, dual use and space innovation ecosystems across Europe’s strategic frontier, from the Baltics to the Black Sea.     2 - Here are the Top 10 countries on the frontlines of European Defence by VC Investment – The Tough 10 countries:     1 – Finland   Finland ranks No. 1 country on the frontlines of European Defence by VC Investment reaching USD 661 million for the period 2024-2025. Finland has 55 Tough Defence Tech Startups backed by VC funding that have reached a combined enterprise value of USD 3.8 billion.   Finland’s Government Total Defence Expenditure as a percentage of GDP was 1.4% in 2023, according to a Eurostat report dated March 21 st , 2025.     2 – Bulgaria   Bulgaria ranks 2nd country on the frontlines of European Defence by VC Investment reaching USD 49 million for the period 2024-2025. Bulgaria has 3 Tough Defence Tech Startups backed by VC funding that have reached a combined enterprise value of USD 294 million.   Bulgaria’s Government Total Defence Expenditure as a percentage of GDP was 1.5% in 2023, according to Eurostat.     3 – Estonia   Estonia ranks 3rd country on the frontlines of European Defence by VC Investment reaching USD 43 million for the period 2024-2025. Estonia has 29 Tough Defence Tech Startups backed by VC funding that have reached a combined enterprise value of USD 667.2 million.   Estonia’s Government Total Defence Expenditure as a percentage of GDP was 2.7% in 2023, according to Eurostat.     4 – Poland   Poland ranks 4 th  country on the frontlines of European Defence by VC Investment reaching USD 29 million for the period 2024-2025. Poland has 39 Tough Defence Tech Startups backed by VC funding that have reached a combined enterprise value of USD 500.7 million.   Poland’s Government Total Defence Expenditure as a percentage of GDP was 2.1% in 2023, according to Eurostat.     5 – Lithuania   Lithuania ranks 5 th  ranks on the frontlines of European Defence by VC Investment reaching USD 20 million for the period 2024-2025. Lithuania has 21 Tough Defence Tech Startups backed by VC funding that have reached a combined enterprise value of USD 269.5 million.   Lithuania’s Government Total Defence Expenditure as a percentage of GDP was 2.5% in 2023, according to Eurostat.     6 – Latvia   Latvia ranks 6 th  country on the frontlines of European Defence by VC Investment reaching USD 4 million for the period 2024-2025. Latvia has 8 Tough Defence Tech Startups backed by VC funding that have reached a combined enterprise value of USD 41.9 million.   Latvia’s Government Total Defence Expenditure as a percentage of GDP was 3.1% in 2023, according to Eurostat.     7 – Czechia   Czechia ranks 7 th  country on the frontlines of European Defence by VC Investment reaching USD 3 million for the period 2024-2025. Czechia has 16 Tough Defence Tech Startups backed by VC funding that have reached a combined enterprise value of USD 14.1 million.   Czechia’s Government Total Defence Expenditure as a percentage of GDP was 1.2% in 2023, according to Eurostat.     8 – Slovakia   Slovakia ranks 8 th  country on the frontlines of European Defence by VC Investment reaching USD 330 thousand for the period 2024-2025. Slovakia has 7 Tough Defence Tech Startups backed by VC funding that have reached a combined enterprise value of USD 29.2 million.   Slovakia’s Government Total Defence Expenditure as a percentage of GDP was 1.2% in 2023, according to Eurostat.     9 – Romania   Romania ranks 9 th  country on the frontlines of European Defence but has received no VC Investment for the period 2024-2025. Romania has 1 Tough Defence Tech Startup backed by VC funding that have reached a combined enterprise value of USD 924 thousand.   Romania’s Government Total Defence Expenditure as a percentage of GDP was 1.7% in 2023, according to Eurostat.     10 – Hungary   Hungary ranks 10 th  country on the frontlines of European Defence but has received no VC Investment for the period 2024-2025. Hungary has 4 Tough Defence Tech Startup backed by VC funding that have reached a combined enterprise value of USD 110.1 thousand.   Hungary’s Government Total Defence Expenditure as a percentage of GDP was 1.9% in 2023, according to Eurostat.     3 – Which VC funds invested in Defence startups in the Tough 10 countries on the frontlines of European Defence?     1 – Balnord VC fund   Balnord VC fund has invested in 5 funding rounds in Defence startups in the Tough 10 countries on the frontlines of European Defence, namely in Astrolight, Microamp, and Satim.     2 – BSV Ventures   BSV Ventures has invested in 20 funding rounds in Defence startups in the Tough 10 countries on the frontlines of European Defence, namely in Airvolve, Repsense, Wayren, Skycorp Technologies, C2Grid, BlackSwan Space, Granarium, Halide Energy, Zvook, Kaisense, Foxtrot, and SafePas.     3 – Coinvest Capital   Coinvest Capital has invested in 13 funding rounds in Defence startups in the Tough 10 countries on the frontlines of European Defence, namely in Airvolve, Astrolight, CBRX, Luna Robotics, Repsense, Starflight Dynamics, Unmanned Defence Systems, and WeSky.     4 – DEPO Ventures   DEPO Ventures has invested in 6 funding rounds in Defence startups in the Tough 10 countries on the frontlines of European Defence, namely in Wayren, Skycorp, and Twinzo.     5 – NATO Innovation Fund   NATO Innovation Fund has invested in 2 funding rounds in Defence startups in the Tough 10 countries on the frontlines of European Defence, namely in Expeditions, and BSV Ventures.     6 – New North Ventures   New North Ventures has invested in 2 funding rounds in Defence startups in the Tough 10 countries on the frontlines of European Defence, namely in SensusQ.

  • Portugal Business News references startup Mercor on WPN

    Portugal Business News references startup Mercor on WPN - Portugal Business News About Portugal Business News - Portugal Business News references AI startup Mercor on WebProNews (WPN):     1 - Click to see the Portugal Business News reference on WebProNews (WPN):   AI Wunderkinds: Mercor’s Gen Z Founders Shatter Billionaire Records Amid Controversy   Click to see the original Portugal Business News articles referenced on WebProNews (WPN):   Who is the youngest self-made tech billionaire?   2 - Click to see more references about Portugal Business News:   About Portugal Business News:     About Portugal Business News®:  The Portugal Business News website was created in September 2022 and is a registered trademark No. 702305.   The Portugal Business News website, that started by providing Business News about all sectors in Portugal now focuses on a broad range of business sectors for all European countries and international news.   The main sectors covered by Portugal Business News across Europe are Tech, Startups, Economy, Investment, Real Estate, Luxury Brands, Renewable Energy, Travel and Tourism, EU Defence, Jobs and Salaries, business opinions and expert advice on SEO and HR trends, to name a few.   Articles by Portugal Business News are published and referenced on flagship industry websites, on Government trade and investment websites, on the websites and reports of leading research companies and organizations, including the European Commission, Invest Europe, Crunchbase, Dealroom, Startup Genome, Wikipedia; in specialized magazines globally, in Portuguese newspapers and in multilingual news aggregators.     About WebProNews (WPN):   WebProNews is an iEntry Publication. For over 25 years, iEntry has maintained a top tier client list. From Fortune 500, mid-market, to startups, iEntry has a proven track record.

  • Airbus partners with Critical Software to develop Portugal's Aerospace sector

    Airbus partners with Critical Software to develop Portugal's Aerospace sector - Portugal Business News Aerospace News Europe - Airbus partners with tech company Critical Software to develop Portugal's Aerospace sector. The Joint Venture is established under the name Critical FlyTech, where Airbus owns 51% of the new company.   Portugal’s aerospace sector is expanding with this new partnership between Airbus and Critical Software that aims “ to provide technological solutions that meet the most stringent criteria for safety, reliability and innovation, and that shape the future of aviation, space and defense, ” stated the CEO of Critical FlyTech, Ricardo Armas.   The Airbus Tech Hub in Portugal already represents revenues of more than 70 million euros and has created more than 1,500 direct jobs in Portugal. With the creation of Critical FlyTech, Airbus is in a phase of significant growth in Portugal.     What are the Airbus investments in Portugal?   These are the Airbus investments in Portugal:   1 – Critical FlyTech   A joint venture between Airbus and Critical Software establishing Critical FlyTech in November 2025.     2 – Airbus – AED Eurofighter Typhoon program   Airbus partners with the Portuguese Aeronautics, Space and Defence Cluster AED, that involves more than 160 Portuguese entities, as part of the European Eurofighter Typhoon Consortium that will supply fighter jets to Portugal. The partnership will be in the areas of fuselage and engine production, maintenance, and training.   The Eurofighter program includes several European NATO partners, such as Germany, Italy, Spain, and the United Kingdom.       3 – Airbus Global Business Services Hub GBS   Airbus began investing in Portugal in 2018. In 2021, the Airbus Global Business Services Hub (Airbus GBS), was established in Lisbon and with a satellite office in Coimbra.     4 – Airbus Atlantic   Airbus Atlantic inaugurated an industrial plant in Santo Tirso, Portugal, in 2022. Airbus Atlantic Portugal, that is part of Airbus Atlantic, is a fully owned Airbus subsidiary. Currently, this Airbus business unit produces panels for the A320 family and for the A350 XWB front fuselage as well as sub-assemblies for the A320 family.   Airbus has more than 30 Portuguese suppliers in its supply chain and employs over 1,500 employees in Portugal.

  • Social Media bans for minors become effective in many countries

    Social Media bans for minors become effective in many countries - Portugal Business News Social Media News - Social Media bans for minors are becoming legally effective in many countries, including Australia, and existing accounts will be deactivated or removed. To this effect, minors are considered under 18 in the UK and under 16 in Australia.   A 2025 study commissioned by the Australian government reported that 96% of children aged 10-15  used social media and that seven out of 10 of them have been exposed to harmful content and behavior, including content promoting suicide, pedophilia and cyberbullying.   According to an Ipsos report dated October 2, 2025, a majority of 71% of people across 30 countries now support banning the use of social media to children under 14 .   Governments are cracking down on social media age limits, states an OECD report dated June 12 th , 2025. The OECD plans to conduct research on age assurance technologies and age appropriateness for digital services used by children, as the failure to verify a user’s real age has serious consequences.       Here is a list of some of the countries where Social Media bans for minors are becoming effective:     1 - Australia     The Australian government is legally banning the use of social media to children under 16 , effective from December 10 th , 2025.   Australia is banning the following 10 social media platforms to children under sixteen, namely: Facebook, Instagram, Snapchat, Threads, TikTok, X, YouTube, Reddit and streaming platforms Kick and Twitch.   Meta, which owns Facebook, Instagram and Threads, has already announced it will begin closing accounts of minors from December 4 th , 2025.   The Australian’s Government is also under pressure to expand the ban to online gaming platforms, that already led gaming platforms Roblox and Discord to introduce age checks.   The social media platforms that are currently not deemed to be harmful for children include YouTube Kids, Google Classroom and WhatsApp.   The Australian legislation subjects social media platforms to fines of up to 50 million Australian dollars (around 30 million euros or USD 32.3 million) for allowing children under 16 to create accounts.     2 - The United Kingdom   The UK government legally banned the use of harmful content on social media and other online platforms to children under 18  since July 25, 2025.   The UK enacted the Children’s Codes that define harmful content, including platforms promoting: suicide, self-harm, eating disorders, pornography, abusive material, online bullying and dangerous challenges. The UK’s Online Safety Act  includes the following content as being illegal for minors: child sexual abuse, controlling or coercive behavior, extreme sexual violence, promoting suicide or self-harm, selling illegal drugs or weapons, terrorism, sending unsolicited sexual imagery online and sharing "deepfake" pornography.   The UK is banning Porn sites as well as forbidden content found on sites that provide harmful content to children under 18 , including content on the following platforms: such as Pornhub, Reddit, X, Grindr, Telegram, Discord, and Bluesky.   Failure to comply with the UK Children’s Codes could result in businesses being fined £18m or 10% of their global revenues - whichever is higher - or their executives being jailed.  In very serious cases Ofcom can apply for a court order to prevent the site or app from being available in the UK.     3 – Denmark   The Government of Denmark will legally ban the use of social media and other harmful platforms to children under 15.     4 – Norway   The Government of Norway will legally ban the use of social media and other harmful platforms to children under 15.     5 – France   The French Government will legally ban the use of social media and other harmful platforms to children under 15 + will enforce a social media "curfew" for minors aged 15 to 18 years old.     6 – The EU as a whole   The EU Parliament approved new EU measures needed to make online services safer for minors on October 16 th , 2025.   Under the EU General Data Protection Regulation (GDPR), the standard age at which a minor can consent to their personal data being processed is 16   years old . However, Member States can set this national "digital age of majority" at a lower age.    Age Verification in the EU as a whole is being developed for a harmonized approach to age verification, including a European Digital Identity Wallet (eID) that could be used to securely verify age without excessive data collection.   Here is the list of countries already implementing EU Digital Identity wallets in 2025. What is the EU mobile app for age verification?

  • Top 10 European Universities that led to the creation of the highest value startups

    Top 10 European Universities that led to the creation of the highest value startups - Portugal Business News Tech News Europe – Here is the ranking of the Top 10 European Universities that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors, according to the European Spinouts Report 2025 published in November 2025 with Dealroom.co data:     Top 10 European Universities that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors:     1 – University of Oxford – United Kingdom   The University of Oxford ranks No. 1 Top European University that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors, with total funding raised reaching USD 7.8 billion that led to a combined startup value of USD 26.3 billion.   The University of Oxford produced 7 Unicorns including exits.     2 – University of Cambridge - United Kingdom   The University of Cambridge ranks 2 nd  Top European University that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors, with total funding raised reaching USD 6.4 billion that led to a combined startup value of USD 39.3 billion.   The University of Cambridge produced 4 Unicorns including exits.     3 – ETH Zurich – Switzerland   ETH Zurich ranks 3 rd  Top European University that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors, with total funding raised reaching USD 4.0 billion that led to a combined startup value of USD 15.6 billion.   ETH Zurich produced 6 Unicorns including exits.     4 – EPFL – Switzerland   EPFL ranks 4 th  Top European University that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors, with total funding raised reaching USD 4.3 billion that led to a combined startup value of USD 13.9 billion.   EPFL produced 4 Unicorns including exits.     5 – TU Munich - Germany   TU Munich ranks 5 th  Top European University that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors, with total funding raised reaching USD 4.5 billion that led to a combined startup value of USD 22.8 billion.   TU Munich produced 4 Unicorns including exits.     6 – UCL – United Kingdom   UCL ranks 6 th  Top European University that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors, with total funding raised reaching USD 3.6 billion that led to a combined startup value of USD 12.4 billion.   UCL produced 4 Unicorns including exits.     7 – TU Denmark – Denmark   TU Denmark ranks 7 th  Top European University that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors, with total funding raised reaching USD 1.4 billion that led to a combined startup value of USD 5.2 billion.   TU Denmark did not produce Unicorns.     8 – Imperial College London – United Kingdom   Imperial College London ranks 8 th Top European University that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors, with total funding raised reaching USD 2.4 billion that led to a combined startup value of USD 7.1 billion.   Imperial College London produced 1 Unicorn including exits.     9 – University of Zürich – Switzerland   The University of Zürich ranks 9 th Top European University that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors, with total funding raised reaching USD 1.7 billion that led to a combined startup value of USD 6.7 billion.   The University of Zürich produced 2 Unicorns including exits.     10 – University of Bristol – United Kingdom   The University of Bristol ranks 10 th  Top European University that led to the creation of the highest value startups in the Deep Tech and Life Sciences sectors, with total funding raised reaching USD 3.6 billion that led to a combined startup value of USD 10.8 billion.   The University of Bristol produced 1 Unicorn including exits.

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