Europe

Another fintech startup has made the leap into publicly-traded company: Funding Circle, the peer-to-peer lending platform for small and medium businesses that was originally founded in the UK, opened for trading today on the London Stock Exchange. It was a positive, if not stratospheric, debut. Trading under FNIG.L, its stock opened at 460 pence, only
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At almost 86 degrees Fahrenheit, London is enduring a mini heat wave by traditional British summer standards. News reports at the weekend had relayed findings from the Met Office’s latest “State of the U.K. Climate report” confirming that the country is officially warming. Perhaps the first two industrial revolutions have finally taken their toll on
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The European Union’s executive body has signed up tech platforms and ad industry players to a voluntary  Code of Practice aimed at trying to do something about the spread of disinformation online. Something, just not anything too specifically quantifiable. According to the Commission, Facebook, Google, Twitter, Mozilla, some additional members of the EDIMA trade association,
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Another European data protection agency has reported a sharp rise in the numbers of complaints since the EU updated its privacy framework four months ago, when GDPR came into force, updating regional data protection rules and introducing much higher penalties for privacy violations. France’s CNIL agency said today that it’s received 3,767 complaints since May 25, when GDPR
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French startup BlaBlaCar just released some interesting metrics. The company has reached profitability if you look at revenue between January 2018 and today. BlaBlaCar forecasts that 50 million people will book a ride on BlaBlaCar in 2018, which represents a 40 percent increase compared to 2017. BlaBlaCar is a marketplace for long-distance rides. People driving
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Uber and similar services could be facing caps on the number of licenses for vehicles that can operate ride-hailing services in London and other UK cities under rule changes being recommended to the government. CCTV being universally installed inside licensed taxis and private hire vehicles for safety purposes is another suggestion. A working group in
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More consolidation is afoot in the world of cloud-based voice services. Today, Vonage — once a VoIP pioneer that today offers cloud-based unified communications and other IP services in the business market — announced that it would acquire NewVoiceMedia, a UK startup that builds cloud-based contact center solutions, for $350 million in cash. Vonage says
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The European Union’s competition commission is looking into how Amazon uses data from retailers selling via its ecommerce marketplace, Reuters reports. Competition commissioner Margrethe Vestager revealed the action today during a press conference. “We are gathering information on the issue and we have sent quite a number of questionnaires to market participants in order to
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Atomico, the European venture capital firm founded by Skype’s Niklas Zennström, is announcing a number of new hires to its investment team, including new Partner Caroline Chayot, who previously led the EMEA HR team at Twitter. I’m told she’ll be working alongside existing Atomico Partner Dan Hynes, who was formerly the Director of Global Staffing
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A new research report has raised concerns about how in-home smart devices such as AI virtual voice assistants, smart appliances, and security and monitoring technologies could be gathering and sharing children’s data. It calls for new privacy measures to safeguard kids and make sure age appropriate design code is included with home automation technologies. The
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