Europe

Uber is suspending another international service while it assess whether there’s a business case to continue operations after regulatory changes. In a blog post announcing the impending suspension of its UberX service in Athens, the company writes: “New local regulations were voted on recently with provisions that impact ridesharing services. We have to assess if
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Stefan Glaenzer, the prominent European VC and former chairman of Last.fm and founder of Ricardo.de, has quit his role as Partner at Passion Capital. He co-founded the London-based early-stage firm seven years ago with partners Eileen Burbidge and Robert Dighero. The decision to resign, which the firm’s staff and Limited Partners were informed of last
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There’s no way to sugarcoat this message: Facebook’s founder Mark Zuckerberg believes North America users of his platform deserve a lower data protection standard than people everywhere else in the world. In a phone interview with Reuters yesterday Mark Zuckerberg declined to commit to universally implementing changes to the platform that are necessary to comply with
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The Norwegian Consumer Council has filed a privacy complaint about Grindr, arguing it’s in breach of national and European data protection laws after it emerged the dating app has been sharing personal information about its users with third parties. As we reported earlier, Norwegian research outfit SINTEF analyzed the app’s traffic and found that — if set —
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Emmanuel Macron and his government are launching a big initiative around artificial intelligence today. They want to turn France into one of the leading countries when it comes to artificial intelligence. “[Artificial intelligence] is a technological, economical, social and obviously ethical revolution,” Macron said in a speech. “This revolution won’t happen in 50 or 60
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Facebook’s response to the clutch of users who are suddenly woke — triggered to delve into their settings by the Facebook data misuse scandal and #DeleteFacebook backlash — to the fact the social behemoth is, quietly and continuously, harvesting sensitive personal data about them and their friends tells you everything you need to know about the rotten state
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Chris Wylie, the former Cambridge Analytica employee turned whistleblower whose revelations about Facebook data being misused for political campaigning has wiped billions off the share price of the company in recent days and led to the FTC opening a fresh investigation, has suggested the scale of the data leak is substantially larger than has been
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Amazon’s business in France is taking a big step forward after announcing a new deal today with retail giant Monoprix to deliver groceries through Prime Now. The service will begin serving Prime Now members in Paris this year and include products carried by Monoprix, including its own branded items and fresh produce. Monoprix’s website already offers services
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When Silicon Valley’s Greylock Partners led Entrepreneur First‘s $12.4 million funding round in September, Greylock’s Reid Hoffman said he could see the company builder expanding to “20 or 30 or 40 cities, maybe even 50“. Since then, EF has expanded to Berlin, in addition to existing programmes in London and Singapore, and today the so-called
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French startup Molotov has built the best TV streaming service in its home country. Unfortunately, if you tried using the service in other European countries, Molotov would simply stop working. The startup now lets you stream your content when you’re traveling across the European Union. The European Union has been working hard on creating a
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French startup Lydia announces two new things today. First, the company is launching a financial hub with multiple new products. Second, Lydia is announcing a new premium subscription to access those new features. “Today, we’re lucky enough to have you here to announce you the biggest thing we’ve done since Lydia’s launch,” co-founder and CEO
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Eight Roads Ventures, the proprietary investment arm of Fidelity International, is officially launching its new European fund today. Targeting scale-ups in Europe and Israel, ‘Eight Roads Ventures Europe’ will have $375 million in capital to deploy, mostly at the Series B and Series C stages but also in scale-ups that although bootstrapped have found market
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British startup Made.com says that “a new tier 1 global institutional investor” has made an important investment commitment in the furniture company. This mysterious investor is willing to lead a new $56 million round (£40 million) with existing investors Partech Ventures, Level Equity and Eight Roads Ventures also participating. It sounds like the funding round
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