Economy

Amsterdam’s main index trended upwards as semiconductor companies found their footing after a volatile reaction to Nvidia’s latest financial update. While major tech players regained some ground, geo-data firm Fugro struggled following a year of offshore project delays. Rising geopolitical tensions also pushed oil prices significantly higher as the trading week drew to a close.

ASML employees will stage a walk-out on 3 March to protest against the company’s plan to cut 1,700 jobs. Trade unions are organising the action to challenge the necessity of the redundancies and demand better protection for the workforce.

Odido would not say whether the stolen data contained sensitive information about victims of domestic violence or stalking. “No statements can be made about...

The Netherlands has begun testing GPT-NL, a home-grown artificial intelligence model built to safeguard digital sovereignty. Backed by a €13.5 million government investment, the project aims to provide a secure alternative to foreign AI platforms for Dutch organisations. By using local news archives and forensic expertise, the model is designed to uphold European values and strict privacy standards.

Dutch police have launched a major investigation after hackers stole the personal data of 6 million Odido customers. Authorities are praising the telecom company's refusal to pay a ransom and are warning the public to stay alert for identity fraud. The case highlights the growing risks of sophisticated phishing attacks following large-scale data breaches.

Telecom provider Odido has refused to negotiate with hackers following a massive data breach affecting over six million accounts. Despite threats from the ShinyHunters group to leak sensitive customer details daily, the company is following government advice to reject all ransom demands.