Europe

For decades technology companies have enjoyed a near-unbroken run of great publicity. Products and services are lauded as shiny and covetable. Adoption is couched as inevitable. Direction goes unquestioned. Engineering genius is assumed. And a generous margin is indefinitely applied to gloss over day-to-day errors (‘oh, just a few bugs!’) — allowing problematic functioning to
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Can a cryptocurrency push back against the tide of hate speech, ‘fake news’ and divisive politics? A new initiative, Ananas, is going to try. Effectively, they want to fight radicalization by “mapping ideologies”, providing a compass to navigate belief systems and using cryptocurrency to reward contributors. The UK-based new charitable foundation plans to create a
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The fallout from Uber’s disclosure yesterday of a massive data breach affecting 57 million users and drivers that it concealed for a year continues: The UK’s data protection watchdog has put out a strongly worded statement saying the company’s announcement “raises huge concerns around its data protection policies and ethics”. It has also warned that
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Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: Boku, a United States-based carrier billing company, listed on the London Stock Exchange’s Alternative Investment Market (AIM) recently, selling £45 million in stock. Only about one-third of those shares were from the company, however,
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London-based Glint has been pretty stealthy about what it planned to offer, despite several funding rounds and a vague description that it wanted to a create new “global currency” based on gold. Well, today the fintech startup is finally de-cloaking with a staggered launch of its multi-currency account, app and card that does indeed let
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The Raspberry Pi Foundation has been incredibly successful at sparking all sorts of creativity via its low cost microcomputers, which arrived in the market back in 2012. Its core electronics are also indirectly responsible for UK-based learn-to-code startups like Kano and pi-top, which have built devices and VC-backed businesses atop Pi. Well here’s another UK
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Two companies are better than one: Perkbox, the U.K. startup that helps companies engage and reward employees and customers, has acquired London-based Loyalty Bay, which offers a SaaS platform for the automated delivery of digital rewards. Terms of the deal remain undisclosed, though I understand it was cash and Loyalty Bay’s backers have exited. The
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While the UK continues to try to find solid ground to begin its contentious Brexit negotiations, the government has launched several initiatives to try to shore up support to (and from) the country’s technology industry. Prime Minister Theresa May and Chancellor Philip Hammond today announced that the UK would double the number of visas issued
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BuzzFeed has obtained a statement from Facebook in which the tech giant admits, for the first time, that some Russia-linked accounts may have used its platform to try to interfere in the UK’s European Union referendum vote in June 2016. Which means Russian agents weren’t just using Facebook to meddle in the 2016 US presidential
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Lofelt, a Berlin-based startup that is developing ‘next-generation’ haptic technology for use in a range of products — including gaming, AR, VR, automobile, consumer electronics, toys, medical, and entertainment — has raised $5.4 million in Series A funding. Leading the round is Wolfman.One, with participation from Q Venture Partners, Coparion, and previous backer Horizons Ventures.
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European Union financial regulator, the ESMA, has become the latest regulatory body to issue a warning about the risks of buying into — and running — ICOs, aka the crypto coin fundraising tool that has boomed in recent times to take advantage of an apparent legal grey area between issuing ‘software presale tokens’ vs a
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