Google Executive Matt Brittin Takes Helm at BBC Amid Major Restructuring

Matt Brittin, 57-year-old former Google executive who led the Europe-Middle East-Africa region for a decade and spent 18 years at Google before leaving in autumn 2024, officially took leadership of BBC as Director-General. He replaces Tim Davie, who resigned following controversy over editing of Donald Trump’s speech in a BBC documentary. Brittin assumes command during a challenging period as BBC plans to cut 2000 jobs and save 500 million pounds over two years due to financial pressures. The BBC also faces a 10 billion dollar defamation lawsuit from Donald Trump over the controversial documentary aired before the 2024 US presidential election, with trial scheduled for February 2027.

Spanish genomics startup BioGenómika wins EmprendeXXI Awards for innovation potential in Extremadura

BioGenómika, certified as an emerging company by Enisa, has won the EmprendeXXI Awards recognizing it as the innovative company with the greatest potential and impact in Extremadura. The awards are promoted by Enisa through the Ministry of Industry and Tourism, and CaixaBank through DayOne, its division specialized in technology companies.

Portuguese Bank Launches First Homegrown Stablecoin Compliant with EU Crypto Rules

Bison Bank, a Portuguese bank specializing in investment banking, custodial services, corporate advisory and cryptocurrency services, launched the first Portuguese stablecoin with two versions indexed to the euro and US dollar. The stablecoin was designed to enable fast, secure and transparent international payments and transfers in compliance with the EU’s MiCA regulation.

Milan-based Cosmico Raises €12 Million in Series B to Expand Future of Work Platform Across Europe

Milan-based Cosmico, a future of work holding company, raised €12 million in Series B funding led by P101 SGR. The company operates across Italy and Spain with a network of 35,000+ digital professionals. Alongside the funding, Cosmico completed the full acquisition of Flatmates, a creator agency. The funding will support the company’s expansion strategy and planned acquisitions.

TAP Air Portugal Divests Handling Services Stake to Menzies Aviation in Strategic Restructuring Move

Sérvulo & Associados advised TAP on the sale of its 49.9% stake in SPdH (Portuguese Handling Services) to Menzies Aviation Portugal. The transaction was contracted on April 28, 2026, subject to fulfillment of applicable conditions. This divestment allows TAP to focus on its core aviation business in compliance with the European Commission’s approval of TAP Group’s restructuring plan.

Factorial Acquires YepCode to Bolster AI-Powered Enterprise Integrations

Factorial, an AI-powered enterprise operations platform, has acquired YepCode, a developer-focused integrations and automation platform, to enhance its ability to deliver intelligent AI-based integrations in complex enterprise software environments. The acquisition also marks the opening of Factorial’s new engineering office.

TikTok Introduces Microdrama Ad Formats and AI Tools to Expand Advertiser Reach Globally

TikTok introduced new microdrama-based advertising formats (Mini Series and Mini Games) to international advertisers during TikTok World 2026. These episodic content formats allow brands to build reach and generate revenue. The company also launched AI-powered advertising tools and expanded its TikTok Shop e-commerce platform. The microdrama format, which originated in China, is designed for mobile viewing with short attention spans and is beginning to gain traction in Western markets.

Portuguese Insurance Broker and Credit Intermediary Join Forces to Simplify Financial Services

Sabseg and Sabcrédito announced a strategic partnership to offer integrated financial services combining insurance brokerage and credit intermediation. The partnership aims to reduce complexity and bureaucracy for customers making major financial decisions by providing coordinated advice on insurance coverage and credit solutions for housing, automotive, and personal loans.

Engie unveils hybrid renewable energy projects across northeastern Portugal

Engie presented hybridization projects combining wind and solar energy with existing hydroelectric facilities in northeastern Portugal. The project involves a 157.5 MW wind park at Picote and three solar projects totaling 354 MWp capacity at Bemposta, Baixo Sabor, and Foz Tua facilities. Portugal’s Environment and Energy Minister emphasized the importance of community involvement and transparency in renewable energy development.