Europe

Disappointment for Uber today if it was hoping an apology and a personal visit from its new CEO would quickly reboot relations with the local transport regulator in London, which last month stripped the company of its license to operate. The market is Uber’s most important in Europe, where it claims to have some 3.5 million
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Withlocals, the the Netherlands-based startup that operates a marketplace for personalised travel experiences, has raised $4.2 million in Series A funding. The round was led by Inkef Capital, the Amsterdam-headquartered VC firm. Pitching itself as an alternative to mass-market package holidays and tours, Withlocals says it wants to capture at least 20 percent of the
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Brandwatch, a social media monitoring company, has acquired BuzzSumo, a content marketing and influencer identification platform, for an undisclosed sum. BuzzSumo never raised beyond seed stage and was in effect bootstrapped by its founders. The acquisition adds an important arrow into Brandwatch’s quiver, which raised a $33 million C-round war chest in 2015 for just
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Uber and Deliveroo execs faced questions from a UK parliamentary committee today as the government continues to deliberate on changes to employment law to account for the rise of gig economy work facilitated by tech platforms. Ride-hailing giant Uber was also grilled over what one committee member dubbed its “aggressive” response to TfL’s recent decision
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Nokia, the once-mighty phone maker that eventually retreated to a business based around networking equipment and targeted verticals like health and imaging, is rethinking its business strategy once again. Today, the company announced that it would cease building its pricey OZO virtual reality cameras after finding that the VR market was developing “slower than expected”.
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The thorny issue of tracking of location data without risking individual privacy is very neatly illustrated via a Freedom of Information (FOI) request asking London’s transport regulator to release the “anonymized” data-set it generated from a four week trial last year when it tracked metro users in the UK capital via wi-fi nodes and the
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Privacy rights group, Privacy International, is running a crowdfunding campaign to try to raise funds to help cover its legal costs as it continues to challenge the UK government’s use of hacking as a mass surveillance technique for domestic security agencies to gather intelligence. The group is hoping to raise £5,000 via this route, noting that
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French telecom company Orange is launching a bank. But it turns out that launching a bank is harder than expected. After many delays, Orange CEO Stéphane Richard finally announced that Orange Bank will be live on November 2 — La Tribune first reported the launch details. At some point, Orange realized that many people control their bank
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DeepMind, the U.K. AI company which was acquired in 2014 for $500M+ by Google, has launched a new ethics unit which it says will conduct research across six “key themes” — including ‘privacy, transparency and fairness’ and ‘economic impact: inclusion and equality’. The XXVI-Alphabet-owned company, whose corporate parent generated almost $90BN in revenue last year, says
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