Europe

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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If you want to test out a feature on a large, well-known, global, platform, there’s a very simple solution: Test it in Australia. At a population of 24 million and with a predominantly Western culture, it’s a large enough test bed and small enough market, so ideal for testing new features before (maybe) rolling them
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SenSat, a U.K. startup aiming to use visual and spatial data to “simulate reality” and help computers better understand the physical world, has raised $4.5 million in seed funding — cash it will use to further develop the technology, and invest in its San Francisco office. The round was backed by Force Over Mass, Round
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MessageBird, the Amsterdam-based cloud communications platform backed by Accel in the U.S. and Europe’s Atomico, is unveiling a new product today that aims to make it easier for enterprises to communicate with customers across various channels of their choosing. Dubbed “Programmable Conversations” (yes, really!), the product takes the form of a single API that unifies
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The flood underinsurance problem is arguably the largest unsolved problem in insurance. Over the last ten years, an average of $41bn per year of flood damage has gone uncovered by insurance, leaving people, businesses and governments to pay the bill. It’s estimated that there are $50bn of losses caused by floods around the world. Currently,
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Another acquisition for French carpooling platform BlaBlaCar: It’s picked up Russian Internet giant Mail.Ru’s relatively recent rival offering, BeepCar, in what’s being billed as both an acquisition and a partnership. BlaBlaCar says the move is aimed at consolidating its international growth. “Through this acquisition, we are doubling down our commitment to develop carpooling in Russia,
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Lemonade, the New York-based insurance platform, looks set to drop the lawsuit it filed against German company ONE Insurance, its parent company Wefox, and Wefox founder Julian Teicke. The complaint, filed in the U.S. District Court Southern District of NY, alleged that Wefox reverse engineered Lemonade to create ONE, infringed Lemonade’s intellectual property, violated the
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A national six-day taxi driver strike in Spain has ended after the government agreed to pass regulation that will allow the country’s autonomous communities to cap the number of private hire vehicle permits within their cities. The VTC licenses are used by Uber and local ride-hailing rival Cabify to offer professional driver services in the country.
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European consumer electronics retailer Dixons Carphone’s apologetic admission yesterday that a 2017 data breach was in fact considerably worse than it first reported suggests disclosures of major breaches could get a bit more messy — at least under the early reign of the region’s tough new data protection framework, GDPR — as organizations scramble to comply with
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A UK parliamentary committee which has been running a multi-month investigation into the impact of online disinformation on political campaigning — and on democracy itself — has published a preliminary report highlighting what it describes as “significant concerns” over the risks to “shared values and the integrity of our democratic institutions”. It’s calling for “urgent
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