Streaming service Viaplay has reported its first profit in over two years as it recovers from a major financial crisis. As part of its strategy to curb international expansion, the company has also sold its Dutch division to Videoland.
Based on reporting by nu. Translated and condensed by LocalHeadlines.
Online bank Revolut has fully restored its services after a major technical failure caused by a power incident at Google Cloud. The outage, which prevented customers from accessing their funds, also affected various other companies and services primarily located in the United Kingdom.
Wikipedia is reporting a significant drop in website traffic following the introduction of AI-powered search summaries, raising concerns about a potential decline in future volunteers and donations. Experts and officials also warn that these AI tools risk spreading misinformation and reducing the reach of reliable sources like official government websites.
Albert Heijn is experiencing ongoing product shortages in the aftermath of a recent cyberattack that disrupted its supply chain. Experts warn that the effects of this incident could continue to impact inventory levels for several weeks as distribution networks stabilize.
Albert Heijn struggled to inform millions of customers during a recent cyberattack because its email and customer service systems were disabled as a security precaution. While digital services are slowly being restored and compensation is being provided to affected shoppers, the company's official customer support remains unavailable.
European natural gas prices have exceeded 90 euros per megawatt-hour for the first time since late 2022 due to rising geopolitical tensions in the Middle East. Additionally, gas storage levels across Europe are at their lowest point entering winter since 2009, raising concerns about supply stability and further economic impact.
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