Europe

Consumer campaigner Martin Lewis has dropped his legal action against Facebook over a series of ads that ran on its platform, falsely claiming he backed several investment schemes. The MoneySavingExpert website founder had claimed the fake endorsements had caused him reputational damage. He said he had agreed to drop the case after Facebook agreed to
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A company in Israel is using virtual reality to help patients deal with chronic pain, or to assist rehabilitation after a stroke or brain injury. VR Health was founded by an air force pilot with neck injuries, who was sure VR techniques could aid his recovery. This is part of the BBC’s Disruptors series. You
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Dyson has announced that it is moving its headquarters to Singapore, from Malmesbury in Wiltshire. The move by the appliance maker means two executives will relocate – chief financial officer Jorn Jensen and chief legal officer Martin Bowen. Other work at Malmesbury will not be affected and no jobs will be lost. Chief executive Jim
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The chairman of Chinese tech giant Huawei has warned that his company could shift away from Western countries if it continues to face restrictions. Huawei has been under scrutiny by Western governments, which fear its products could be used for spying. Speaking at the World Economic Forum, in Davos, Mr Liang Hua said his firm
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Molly Russell, 14, took her own life in 2017. When her family looked into her Instagram account they found distressing material about depression and suicide. Molly’s father Ian says he believes Instagram is partly responsible for his daughter’s death. In a statement, Instagram said it “does not allow content that promotes or glorifies self-harm or
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French startup Mooncard raised a $5.7 million funding round (€5 million) from Raise Ventures, Aglaé Ventures and business angels. The company provides a service to track and manage your company’s expenses with the help of good old plastic cards. Corporate credit cards aren’t as widespread in France as in the U.S. and other countries. That’s
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The Ministry of Justice is rushing to fix IT issues affecting courts across England. Lawyers say trials have been delayed, jurors are unable to enrol and witness statements are inaccessible. Twitter user @BarristerSecret said the “entire digital infrastructure” of courts had been “broken for days”. The Common Platform, a system shared between the police, the
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French startup Wynd raised another $82 million (€72 million) from Natixis, Sofina and BNF capital. The company started with a point-of-sale solution for restaurants and other brick-and-mortar stores. It now provides a one-stop-shop for all your digital needs when it comes to managing your offline and online sales. The startup has raised $127 million in
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Just Eat, the takeout marketplace and food delivery service, has acquired Flyt, a startup that offers software for restaurants and restaurant suppliers. The acquisition price is £22 million, which Just Eat says it has financed from cash reserves. “A further cash consideration may also be payable subject to certain operational and financial criteria being met
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TaxScouts, the U.K. “tax preparation” startup founded by TransferWise and Marketinvoice alumni, has created some new paperwork of its own. The London-based company has raised £1.2 million in seed funding. Leading the new round is SpeedInvest, with participation from Finch Capital and SeedCamp. It adds to £300,000 in pre-seed investment that TaxScouts announced six months
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Kaia Health, a self-styled digital therapeutics” startup, has pulled in $10 million in Series A funding for an app-based approach to chronic pain management. The idea is to offer an alternative to painkillers, using mobile technology to deliver what the founder describes as multimodal, “mind body therapy” for musculoskeletal (MSK) disorders — comprised of guided
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Taxi drivers in major cities in Spain are on strike again to apply pressure for more stringent regulations to control app rivals such as Uber and Cabify which they view as unfair competition. In Barcelona the taxi sector called an indefinite strike on Friday, using their vehicles to block Gran Vía in the Catalan capital,
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While Facebook continues to repair its image with consumers disenchanted with the social network’s role in disseminating misleading or false information and mishandling their personal data, it’s ironically been finding some traction for its enterprise-focused service, Workplace. Today, the company announced that it has added another huge company to its books today: Nestle, the coffee, chocolate
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Amazon this morning said its Alexa devices were among the holiday season’s best-sellers, particularly the Echo and Echo Dot. But the influx of new users setting up their devices for the first time on Christmas Day appeared to be more than Alexa could handle. The service crashed briefly on Christmas, as thousands of new Alexa
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Our staff had a busy 2018. We wrote hundreds of news stories, interviews, reviews, previews, and more. We covered the biggest events in the industry, including the Electronic Entertainment Expo and the Game Developer’s Conference. Honestly, at the end of year, it’s hard to remember just exactly what we wrote in 2018. But some stories
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Deus Ex: Mankind Divided was one of the major releases of 2016. The Square Enix and Eidos Montreal science fiction game envisioned a future where people augmented themselves with artificial body parts, such as powerful bionic limbs. The main character, Adam Jensen, helped root out a conspiracy against “augs,” or augmented humans, who received discrimination
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Mystery drone operator/s have grounded flights at the UK’s second largest airport, disrupting the travel plans of hundreds of thousands of people hoping to get away over the festive period. The BBC reports that Gatwick Airport’s runway has been shut since Wednesday night on safety grounds, after drones were spotted being flown repeatedly over the
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Gamelearn, which develops video games to deliver corporate training, has scored $5 million in Series A funding. Participating in the new financing round is previous backer Kibo Ventures, along with Oak3Capital, All Iron Ventures, UL Invest, and Inveready. The Madrid-based startup says that will use the new capital to boost the company’s production of “serious
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PetaGene, the Cambridge, U.K.-based genomics data compression startup, has raised $2.1 million in further funding. Leading the round is U.S. venture firm Romulus Capital, with participation from other unnamed investors Silicon Valley and London. It brings total funding to $3.2 million. Previous investor Entrepreneur First, the company builder backed by Greylock Partners, also followed on.
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Uber has lost another appeal against a landmark 2016 UK employment tribunal ruling that found a group of drivers to be workers, rather than self-employed, meaning they’re entitled to benefits such as holiday pay and the National Minimum Wage. The court of appeal today upheld previous decisions classifying the drivers as workers. Although the ruling
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In the latest instalment of VC revolving doors, Carolina Brochado, a Partner at European venture capital firm Atomico, is joining Softbank’s Vision Fund. According to sources, Brochado informed Atomico portfolio companies earlier this week that she was joining Softbank where she’ll be based at the mega-fund‘s London office. Noteworthy, Brochado came to prominence in the
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French VC firm Hardware Club just announced the final closing of its first fund. The firm will invest $50 million in total in hardware startups (as the name suggests). Hardware Club first started as a community of hardware startups sharing knowledge, tips and contacts in the hardware community. If you’re launching a hardware product, chances
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As traditional broadcasting channels lose ground to emerging competitors, all signs point to over the top services as the future of streaming television. The $46.5 billion in revenue that OTT channels earned over the course of 2017 is projected to grow to $83.4 billion by 2022, and OTT growth is second only to virtual reality in the media industry. Of
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The emergence of latest technology and use of remote devices in every field of life has changed how  businesses tend to their marketing needs. Instead of printing an advertisement in newspaper, business marketers are more likely to utilize social media marketing. This is as a direct result of people, customer’s and clients that reach out
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I’m heading back to Europe to run a pitch-off in Wroclaw and Warsaw, Poland. Are you ready? The Wroclaw event, called In-Ference, is happening on December 17 and you can submit to pitch here. The team will notify you if you have been chosen. The winner will receive a table at TC Disrupt in San Francisco.
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Verve, the word-of-mouth selling platform, has acquired Campus Vacations, a provider of “unforgettable” travel experiences to students across North America. The thinking behind the acquisition is to increase Verve’s market share and competitive positioning in the North America and Canada markets. Specifically, Verse says it will provide the company with an entrance into the ski
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Waggel, a new ‘insurtech’ startup in the U.K., is officially launching today to offer what it describes as “fully digital” pet insurance. Founded by Andrew Leal, and Ross Fretten (a contestant of The Apprentice 2017), the company wants to offer more transparent cover for your pet, where you’ll know exactly how much you’re paying and
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Every year, predictions about how consumers will spend their money crop up. Covering the most popular toys and the most wanted tech gadgets, these lists tend to push people toward a herd mentality rather than a thoughtful examination of their values at a crucial time of year. PricewaterhouseCoopers predicts that consumers will spend $1,250 each
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In late September, representatives from the biggest tech companies testified before the Senate Committee on Commerce, Science, and Transportation. At almost the same time, Facebook announced that a massive data breach had affected almost 50 million users. This odd fluke of timing illustrates the perilous nature of data protection right now. Because of data breaches
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French startup BlaBlaCar just released some interesting metrics. The company has reached profitability if you look at revenue between January 2018 and today. BlaBlaCar forecasts that 50 million people will book a ride on BlaBlaCar in 2018, which represents a 40 percent increase compared to 2017. BlaBlaCar is a marketplace for long-distance rides. People driving
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Enlarge / Bloomberg Best of the Year 2017: Powerpacks which will be used to form the world’s largest lithium-ion battery stand on display during a Tesla Inc. event at the Hornsdale wind farm, operated by Neoen SAS, near Jamestown, South Australia, on Friday, Sept. 29, 2017. Carla Gottgens/Bloomberg via Getty Images In the first half of 2018, energy sales
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Groups of UberEats couriers are continuing to strike over pay and calling for a minimum £5 per delivery fee. Several strikes have been reported in London over the past few days, as well as other UK cities including Glasgow, Cardiff and Plymouth. Late last week Uber revealed a new pay structure which shrinks the per
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Newegg e-commerce site victimized, a warning about phone mobile bank apps and a digital currency theft from an exchange. Welcome to Cyber Security Today. It’s Friday September 21st. To hear the podcast click on the arrow below: Have you bought anything online from the electronics retailer Newegg in the last couple of weeks? There’s a
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Stablecoins, cryptocurrencies tied to tangible assets such as fiat currency, have been gaining more attention recently after two were recently given regulatory approval. Now the security of one is being questioned after a security “backdoor” opening was discovered in its code. The stablecoin in question is the Paxos Trust Co. LLC’s Paxos Standard token or PAX,
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When Cleo, the London-based “digital assistant” that wants to replace your banking apps, quietly entered the U.S., the company couldn’t have expected to be an instant hit. Many better-funded British startups have failed to “break America.” However, just four months later, the fintech upstart counts 350,000 users across the pond — claiming more than 600,000
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Technological advancement is happening every day, including in the field of unmanned systems. When someone mentions unmanned systems, most automatically think of drones. However, unmanned systems also encompass vehicles on land and sea.  GENIUS NY is in the forefront of advancing unmanned system technology. They realize the potential and impact that drone technology can have
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Since the industrial revolution, technology has changed society continually. Largely due to innovations in semiconductor electronics, software and computer technology, the pace of technological development has continued to accelerate over the past 50 years. Personal computers now fit into your pocket. You have access to people and information all over the world through the Internet.
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More consolidation is afoot in the world of cloud-based voice services. Today, Vonage — once a VoIP pioneer that today offers cloud-based unified communications and other IP services in the business market — announced that it would acquire NewVoiceMedia, a UK startup that builds cloud-based contact center solutions, for $350 million in cash. Vonage says
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The European Union’s competition commission is looking into how Amazon uses data from retailers selling via its ecommerce marketplace, Reuters reports. Competition commissioner Margrethe Vestager revealed the action today during a press conference. “We are gathering information on the issue and we have sent quite a number of questionnaires to market participants in order to
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If you are looking for a new power bank, 2018 is an excellent time to go shopping. Technology is at its peak, and high-end features are getting cheaper by the minute. Having said that, power banks are no different. You don’t have to spend a lot these days just to get the best features on
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The European Parliament has just voted to back controversial proposals to reform online copyright — including supporting an extension to cover snippets of publishers content (Article 11), and to make platforms that hold significant amounts of content liable for copyright violations by their users (Article 13). Today’s plenary vote in the European parliament was on
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The European Union’s executive body is doubling down on its push for platforms to pre-filter the Internet, publishing a proposal today for all websites to monitor uploads in order to be able to quickly remove terrorist uploads. The Commission handed platforms an informal one-hour rule for removing terrorist content back in March. It’s now proposing turning
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Evaneos, the online marketplace for tailor-made travel experiences, has picked up $80 million in Series D funding. Leading the round is Partech, and Level Equity, with participation from Quadrille Capital, and existing backers XAnge, Serena Capital, and Bpifrance. The injection of cash is to be used to international development, including increasing headcount from the current
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In what looks like an undeniably good strategic fit, U.K.-based business reporting software startup Supdate has been acquired by equity crowdfunding platform Crowdcube. Terms of the deal remain undisclosed, although I’m told it was an all-cash acquisition. I understand that Crowdcube is essentially buying the Supdate user base and tech/IP, and that Supdate founder Duane
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Perlego, which has been dubbed the ‘Spotify for textbooks,’ has closed $4.8 million in finding. Leading the round is ADV, with participation from existing angel investors, including Simon Franks (co-founder of Lovefilm), Alex Chesterman (founder of Zoopla), and Peter Hinssen. Founded by Gauthier Van Malderen and Matthew Davis, Perlego provides students and professionals unlimited access
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European Union lawmakers are facing a major vote on digital copyright reform proposals on Wednesday — a process that has set the Internet’s hair fully on fire. Here’s a run down of the issues and what’s at stake… Article 13 The most controversial component of the proposals concerns user-generated content platforms such as YouTube, and
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Revolut, the new-generation smartphone-based bank which is blowing up Europe right now, has confirmed its intention launch in the United States and Canada later this year, taking its interesting combination of personal banking, crypto wallet and fee-free stocks trading app to main-street North America. Co-founder and CEO Nik Storonsky said the company now has a
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Berlin-based location marketing startup Uberall has raised a further $25 million in funding — adding to a $25 million Series B raised earlier this year — and acquired competitor Navads. Terms of the acquisition remain undisclosed, with Uberall claiming that the deal makes it the second biggest location marketing platform behind U.S. rival Yext. Navads
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Challenger bank N26 is launching a premium plan for professional accounts. N26 already had a free plan for freelancers and the self-employed, called N26 Business. N26 Business Black introduces the same perks as N26 Black, but for freelancers and the self-employed. The new plan costs the same for regular users and business users. The company
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Drew Angerer / Getty Haven’t we been here before? As Facebook Chief Operating Officer Sheryl Sandberg and Twitter CEO Jack Dorsey fielded what were initially barbed questions from lawmakers about nefarious Russian influence in U.S. elections, there was a sense of deja vu. “If the answer is regulation, let’s have an honest dialogue about what that looks
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Facebook COO Sheryl Sandberg and CEO of Twitter CEO Jack Dorsey testify before the Senate Intelligence Committee (Photo: JIM WATSON/AFP/Getty Images) Two of social media’s biggest names — Facebook Chief Operating Officer Sheryl Sandberg and Twitter Chief Executive Jack Dorsey — were under the searing klieg lights Wednesday testifying before the Senate Intelligence Committee. Alphabet’s Google was
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The European Union is set to move ahead with a plan to enforce pan-European quotas on streaming services like Amazon Prime Video and Netflix to support production of locally produced film and video content. Roberto Viola, the European Commission’s directorate general of communication, networks, content and technology told Variety that the new rules are on track to be
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Indie app maker MacPaw updated its Mac cleaning software with a new major version called CleanMyMac X (which is different from MacKeeper). It’s hard to believe, but CleanMyMac currently has 5 million users. CleanMyMac X helps you remove unneeded files and get an overview of what is slowing down your computer. Most people don’t need
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David McNew/Getty Images Amazon.com (AMZN) joined the $1 trillion club, but its stay was ever so brief. As shares topped $2,050.268 in trading on Tuesday morning, the retail and cloud giant’s market capitalization swelled to $1 trillion, based on its 487.7 million shares outstanding. Amazon had recently reached another milestone, topping $2,000 per share for the first
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Few would equate human life with battery life, but for many migrants escaping war or famine, a single percentage point of battery can mean getting the right information at the right time – or not surviving at all. Smartphones today have become an integral part of a forced migrant’s journey. From navigating mountains in Central
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Communications workflow company Mynewsdesk is acquiring French startup Mention for an undisclosed sum. Norwegian business media group NHST currently owns Mynewsdesk. Mention lets you monitor keywords around the web. It’s a good way to hear what customers are saying about your brand on their blog, on Twitter, on Facebook or anywhere public. You can also
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If you’re a rider on Deliveroo, you can now follow courses on OpenClassrooms and get certificates of achievement for free. You get a free Premium Solo account, which is worth €20 per month ($23.44). You’ll find courses in French, English and Spanish on many technical and non-technical topics. For instance, you can learn a programming
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Since blockchain technology appeared, there has been a persistent problem in its development: how to make it scale to billions of users. Bitcoin was famously never really designed for this, and today other platforms like Ethereum are also struggling. If you could crack this problem, the thinking goes, you’d end up with the hottest property
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Natural Cycles, a Swedish startup which touts its body temperature-based algorithmic method for tracking individual fertility as an effective alternative to hormonal birth control, has been wrapped by the UK advertising regulator which today upheld three complaints that an advert the company ran last year via Facebook’s platform was misleading. The regulator has banned Natural
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French cloud hosting company OVH just announced a new CEO. Michel Paulin is now heading the company. Founder Octave Klaba remains Chairman of the Board and plans to focus on the big picture. Paulin recently worked at telecom company SFR. If you look further in the past, he also was a key member at Neuf
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It was a surprise low-key announcement by Apple. An upgrade to the MacBook Pro line. I wasn’t expecting it as everyone was telling me not to expect a MacBook Pro capable of supporting 32GB of RAM until 2019. Perhaps when Apple starts using their own processors instead of Intel. I was just as surprised as
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A study of circumstances and demographics attendant on attacks against refugees and immigrants in Germany has shown that Facebook use appears to be deeply linked with the frequency of violent acts. Far from being mere trolling or isolated expressions of controversial political opinions, spikes in anti-refugee posts were predictive of violent crimes against those groups.
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What do you get when you connect a bunch of filmmakers with a bunch of programmers? Something like Flowbox. Flowbox, which began life as a unique object-oriented programming language for visual effects, has grown into something truly powerful in the moviemaking industry. Run by Mikołaj Valencia​, Michał Urbańczyk​, Paweł Pietraszko, and Mat Bujalski, this Polish
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Karma, the Stockholm-based startup that offers a marketplace to let local restaurants and grocery offer unsold food at a discount, has raised $12 million in Series A funding. Swedish investment firm Kinnevik led the round, with participation from U.S. venture capital firm Bessemer Venture Partners, appliance manufacturer Electrolux, and previous backer VC firm e.ventures. It
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Thrivehive – Digital Marketing Solutions for Your Small Business ThriveHive helps people working in local business do what they love by combining actual human guidance with easy-to-use technology to make marketing your business easy, effective, and affordable. With ThriveHive’s Guided Marketing Platform and digital marketing services, you can eliminate the guesswork, maximize your time, and
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Handiscover, a startup that lets you find and book accessible travel accommodation, has raised $700,000 in new funding. The round is backed by Howzat Partners, which has previously invested in a number of successful travel companies, such as publicly-listed Trivago and more recently Lodgify. Tranquility Capital, a Swedish family fund with a background in accessibility,
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