Europe

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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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“The maturity of founders is just exponentially better and different from when we started in ‘07,” says Seedcamp co-founder and Managing Partner Reshma Sohoni. “[They are] so much more knowledgeable, so much more practiced in the art of starting up”. I’m on a conference call with Sohoni, Seedcamp’s other Managing Partner Carlos Espinal, and three
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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, with the rest
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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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French startup Drivy is expanding to another European country. This time, the company is launching in the U.K. For now, the service is mostly live in London and it’s slowly going to expand across the U.K. throughout 2018. The company has been somewhat careful when it comes to international rollout, with only six European countries in seven
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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 election,
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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 formal
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Travel metasearch giant Skyscanner has acquired Twizoo, a small London-based startup which makes a platform for brands to automate injecting relevant social content across their digital footprint. Terms of the acquisition have not been disclosed. According to CrunchBase Twizoo was founded in May 2013 by CEO Madeline Parra and CTO John Talbott, and has raised ~£1.65M in
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Back in April the Netherlands-based Rockstart bootcamp announced it was adding an AI track. It’s now named the first batch of startups in the inaugural six-month program, with teams hailing from as far afield as India, Singapore, South Africa and the US. Nine teams in all are on what Rockstart bills as Europe’s first AI
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Legal representatives of the UK government faced a raft of questions today from judges sitting in the European Court of Human Rights hearing a challenge to intelligence agencies’ bulk collection practices brought by a coalition of civil and human rights campaigners. The American Civil Liberties Union, Amnesty International, Big Brother Watch, Liberty, Privacy International and