
‘Europe Needs a DOGE': Telecom CEOs Fume at EU Bureaucracy
European telecommunications executives gathered at the continent's biggest trade show railed against over-regulation, blaming Brussels for preventing consolidation in the industry that's fallen behind peers in the US and Asia.
'You know, what Europe needs is a DOGE,' Deutsche Telekom AG Chief Executive Officer Tim Höttges said Monday at the Mobile World Congress in Barcelona, referring to the Trump administration's cost-cutting Department of Government Efficiency spearheaded by Elon Musk.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hamilton Spectator
9 minutes ago
- Hamilton Spectator
Israel attacks Yemeni port city, Houthi rebels say
DUBAI, United Arab Emirates (AP) — Israel attacked docks in Yemen's port city of Hodeida on Tuesday, the Houthi rebels said, likely damaging facilities that are key to aid shipments to the hungry, war-wracked nation. Israel did not immediately acknowledge the attack and the Israeli military did not immediately respond to a request for comment from The Associated Press. However, Tuesday's claimed attack comes as the Houthis have repeatedly launched missiles and drones targeting Israel during its war on Hamas in the Gaza Strip. The Houthis announced the attack via their al-Masirah satellite news channel. They said the attack targeted docks there, without elaborating. The Houthis have been launching persistent missile and drone attacks against commercial and military ships in the region in what the group's leadership has described as an effort to end Israel's offensive in Gaza. From November 2023 until January 2025, the Houthis targeted more than 100 merchant vessels with missiles and drones, sinking two of them and killing four sailors . That has greatly reduced the flow of trade through the Red Sea corridor, which typically sees $1 trillion of goods move through it annually. The Houthis paused attacks in a self-imposed ceasefire until the U.S. launched a broad assault against the rebels in mid-March. Trump paused those attacks just before his trip to the Mideast, saying the rebels had 'capitulated' to American demands. Early Tuesday, U.S. Secretary of Defense Pete Hegseth wrote on the social platform X that U.S. Navy ships had traveled through the Red Sea and its Bab el-Mandeb Strait 'multiple times in recent days' without facing Houthi attacks. 'These transits occurred without challenge and demonstrate the success of both Operation ROUGH RIDER and the President's Peace Through Strength agenda,' Hegseth wrote ahead of facing Congress for the first time since sharing sensitive military details of America's military campaign against the Houthis in a Signal chat. Meanwhile, a wider, decadelong war in Yemen between the Houthis and the country's exiled government, backed by a Saudi-led coalition, remains in a stalemate. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .


Business Wire
27 minutes ago
- Business Wire
ACEL Power Partners With Vector Náutico to Launch MOLA-e Electric Boat Line in Spain
VANCOUVER, British Columbia & MADRID--(BUSINESS WIRE)--ACEL Power, a leader in intelligent electric propulsion systems, is pleased to announce a strategic partnership with Vector Náutico, a respected boat builder based in Madrid. The collaboration introduces MOLA-e powered by ACEL, a new line of eco-conscious electric boats designed for coastal and inland cruising. ACEL Power partners with Vector Náutico to launch zero-emission electric boats and expand into the Spanish market. Share This partnership marks ACEL Power's official entry into the Spanish market—an important step in its European expansion strategy. As demand for sustainable marine solutions grows across the EU, this alliance underscores both companies' shared commitment to innovation and environmental responsibility. 'We are excited to partner with Vector Náutico, an innovative builder committed to sustainability,' said Natasha Chawla, VP of Sales and Marketing at ACEL Power. 'The MOLA line aligns perfectly with our 50HP and 75HP Intelligent Electric Series, powered by 32 kWh and 43 kWh LFP battery packs. These systems deliver high energy density, extended lifecycle, and enhanced thermal stability—offering zero-emission propulsion without compromising performance.' 'Working with ACEL Power brings our vision for the next generation of electric boats to life,' said Rus Kochman, CEO of Vector Náutico. 'The MOLA-e is elegant, efficient, and built for modern boaters who value reliability and sustainability.' The 5.99-meter MOLA blends the design of a luxury yacht with the accessibility of a day cruiser. Its optimized hull geometry maximizes range and handling, while wide swim platforms offer easy water access—ideal for lake cruising, coastal exploration, and eco-tourism. Available Configurations: ACEL 50HP with 32 kWh LFP battery ACEL 75HP with 43 kWh LFP battery Both setups are fully integrated and engineered for quiet, efficient, zero-emission cruising. The first MOLA units will debut in mid-2025, with sea trials and showcase events scheduled throughout Spain. Pricing and customization options will be announced soon. This partnership further accelerates ACEL Power's mission to lead the marine industry's transition to clean, intelligent propulsion—region by region, boat by boat. For more information, visit: About ACEL Power ACEL Power, headquartered in Vancouver, Canada, is a pioneering manufacturer of electric outboard propulsion systems, leading the marine industry in innovation and sustainability. Noted for introducing the world's first mass-produced 50 and 75HP electric motors, ACEL Power is committed to shaping a sustainable future through the creation of a smart electric eco-system. With a forward-looking vision, ACEL aims to offer a comprehensive range from 1HP to 650HP, establishing new benchmarks for marine propulsion in performance, safety, and longevity. Leveraging patented technology and integrated software solutions, ACEL Power is driving change towards a cleaner, more efficient boating experience. About Vector Náutico Based in Madrid, Spain, Vector Náutico is a next-generation boatbuilder focused on sustainability, accessibility, and innovation. Its vessels are designed and manufactured in Spain, combining Mediterranean aesthetics with European quality standards. With electric and traditional configurations, Vector Náutico aims to redefine coastal and inland navigation for the modern era.

Business Insider
28 minutes ago
- Business Insider
Musk is leaving the government. Trump is keeping 2 things.
President Donald Trump said he plans to keep the White House's Starlink internet service and Tesla vehicle he bought. "I may move the Tesla around a little bit, but I don't think we'll be doing that with Starlink. It's a good service," Trump told reporters on Monday. He did not specify where the Tesla vehicle could be moved. "I have a lot of locations. I had so many locations that I don't know what to do with them all," Trump said on Monday. Trump was speaking at the Invest America Roundtable event when he was asked about his relationship with Elon Musk, who runs Tesla and Starlink parent company SpaceX. Musk was a prominent backer and supporter of Trump, but their relationship appeared to break down last week. Musk publicly kicked off the row by criticizing Trump's signature tax bill. He also agreed with an X post that called for Trump's impeachment before deleting it. In March, The New York Times reported that the White House had installed Musk's satellite internet service. White House press secretary Karoline Leavitt told The Times that Starlink would "improve Wi-Fi connectivity on the complex." Trump bought a red Tesla Model S during a White House event in March. He said the purchase was a show of support for Musk. On Thursday, Trump told reporters that he was "very disappointed" at Musk's recent behavior. The president later threatened to cancel the subsidies and contracts that Musk's businesses had received from the government, calling it "the easiest way to save money in our Budget." A senior White House official confirmed to Business Insider on Friday that Trump was considering selling or giving away the car. Trump struck a more conciliatory tone on Monday. "Look, I wish him well. You understand? We had a good relationship, and I just wish him well," Trump told reporters. But when asked if he would speak to Musk soon, Trump said he had not thought about it. "I can imagine he wants to speak to me. I would think so. If I were him, I would want to speak to me and maybe he also already called. You have to ask him whether or not he has already called. But I would have no problem with it," Trump said. The White House, Tesla, and SpaceX did not respond to requests for comment from BI.