Europe

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The Budapest Transport Authority (BKK, in Hungarian) recently launched an online payment system with the help of a T-Systems Hungary, Deutsche Telekom’s consulting arm. The system, which took three months to build, was supposed to be installed in time for the FINA world championships in Budapest. The software, not unexpectedly for such a project, was
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Poland has worked diligently over the past decade to become an entrepreneurial powerhouse. Once home to businesses focused primarily on app design and outsourcing, social, societal, and economic pressures forced the country’s brightest to start building for themselves. And they did. I’ve covered Polish startups for almost a decade, first on TechCrunch and then on
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The UK government has announced a plan to require drone owners to register their devices. It says the incoming rules are aimed at ensuring safer use of the technology. Under the planned regulations, owners of drones weighing more than 250 grams will, in future, be required to register their devices — with the stated aim
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End-to-end encrypted messaging platform Wire is targeting Slack’s territory with a new messaging for teams product, called Teams. It announced a beta launch yesterday, and is offering teams a 30-day free trial — with pricing starting at €5 per user per month thereafter, or custom pricing for enterprise installations offering extras such as self-hosted servers and an integration API.
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The UK’s upper house of parliament is asking for contributions to an enquiry into the socioeconomic and ethical impacts of artificial intelligence technology. Among the questions the House of Lords committee will consider as part of the enquiry are: Is the current level of excitement surrounding artificial intelligence warranted? How can the general public best
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Stox.com is Invest.com’s prediction market product and it’s getting a little boost through a newly-opened token sale using Bancor’s smart token protocol. This announcement, while full of jargon, means that Stox will be able to raise money to develop infrastructure and increase its marketing and sales groups. Stox is a spin-off of Invest.com, an established
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French startup Alan launched a brand new full-stack health insurance last year. This week, the company is launching corporate-owned life insurance so that it can become a one-stop shop for all your corporate insurance needs. When Alan launched its health insurance product, it was the first new one in France in decades. The life insurance
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Just a reminder that PragueCrunch V is tomorrow and it will be a blast. We’re holding PragueCrunch V tomorrow, July 13, 2017, at Riegrovy Sady Beer Garden. We start at 6pm. You can RSVP here. We’ll have free Kozel and Gambrinus beer all night and traditional Czech pub food for purchase at the venue. Startups
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Partech Ventures has raised so many funds over the past couple of years that it’s hard to keep track of all of them. This time, the VC firm is closing the fundraising of Partech International Ventures VII. With $450 million under management (€400 million), the team plans to use this money for Series A and
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mySugr, a popular digital diabetes management platform which emerged from Austria a few years ago, has been acquired by health giant Roche. It now becomes the heart of Roche Diabetes Care’s new patient-centered digital health services. Roche plans to maintain its acquisition as an open and independent platform for health insurance companies, medical technology companies,