Bloomberg: Technology

• NATO Should Shoot Down Stray Russian Drones, Latvia Says

  Latvia’s president said NATO needs to have the ability to shoot down Russian drones that stray into member states’ territory as he called for increased air defenses on the alliance’s eastern flank.

• Mobileye Jumps After Intel Says It Won’t Sell Majority Stake

  Mobileye Global Inc. shares surged the most in nearly two years after Intel Corp. said it isn’t “currently” preparing to unload its majority stake in the maker of autonomous driving technology, easing investors’ fears.

• Latvia’s Rinkevics on Tech Meetings, Russian Drones

  Latvia’s President Edgars Rinkevics discusses his meetings with US tech companies, his call for an increase in NATO’s air defenses on the alliance’s eastern flank and the need for continued Ukraine support. Speaking on “Bloomberg Technology,” Rinkevics says NATO needs to have the ability to shoot down Russian drones that stray into member states’ territory.

• EU’s Illumina Defeat Sparks Dutch Call for More Deal Powers

  The Dutch competition watchdog is seeking beefed-up powers to probe more small deals that risk crushing competition in fledgling tech markets after the European Union’s attempts to vet them was shot down by the bloc’s top court.

• Advent in Exclusive Talks to Sell Idemia Biometric Unit to IN Groupe

  Buyout firm Advent International is in exclusive talks to sell the European identity authentication business of Idemia to IN Groupe.