Europe

In a move that represents further consolidation in the crowdsourced in-store data gathering space, London-headquartered BeMyEye has acquired U.K. rival Task360. Similar to BeMyEye, the company offers an app that pays users to collect data for its corporate clients, but with a greater emphasis on time-sensitive tasks. Financial terms of the acquisition remain undisclosed, though
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GV (formerly known as Google Ventures) lost its one female general partner. London-based Avid Larizadeh Duggan has joined Kobalt​, a 17-year-old, New York-based music tech company that acts as a publisher and provides royalty tracking services for tracks when they are played across various digital platforms.  Larizadeh Duggan, who’d led an investment in Kobalt for GV, takes
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The UK’s data watchdog has handed mobile phone retailer Carphone Warehouse a £400,000 fine — just shy of the £500k maximum the regulator can currently issue — for security failings attached to a 2015 hack that compromised the personal data of some three million customers and 1,000 employees. Compromised customer data included: Names, addresses, phone numbers, dates of
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Some nice momentum for Barcelona based Red Points which has closed a $12M Series B, led by Northzone. Previous investors Mangrove and Sabadell Venture Capital also participated in the round. This follows a $2.2M Series A in September 2016 when customers numbered in the region of 75. It’s now reporting customer numbers have passed 300, up from 100
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France’s president has said he plans to introduce new legislation aimed at curbing the spread of online fake news during election periods. Concern about how social media platforms are being misappropriated to channel and amplify disinformation has rocketed up the political agenda in recent years, most especially in the wake of the 2016 US presidential election
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The UK government has kicked off the new year with another warning shot across the bows of social media giants. In an interview with the Sunday Times newspaper, security minister Ben Wallace hit out at tech platforms like Facebook and Google, dubbing such companies “ruthless profiteers” and saying they are doing too little to help
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Can a deep dreaming AI transform low res photos into crisply detailed high res images? Let’s Enhance is an Estonia-based startup that’s using a so-called ‘hallucinating AI’ deep neural network to power a freemium photo upscaling service. On its website it claims the learning software “hallucinates missing details to make image look natural”. It launched the
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