World

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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The consumer market is just the tip of the iceberg for drones, which have the potential to deploy across a range of different industry verticals such as construction or agriculture. That’s the premise beyond SenseHawk, a U.S-India startup that specializes in using data captured by drones to develop insight for projects within the solar industry. The
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Binance, the one-year-old startup that appeared from nowhere to become the world’s top crypto exchange, is making major moves as it enters the next phase of its business. That includes a plan to offer fiat-to-crypto trading in international markets and the release of a decentralized exchange to complement its current trading site. The company routinely
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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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India is the new tech outsourcing destination for ride-hailing companies. Southeast Asia’s Grab and Go-Jek both have sizable engineering teams in the country, and now that duo is joined by another billion-dollar company. Careem, which is based in the Middle East and valued at over $1 billion, has entered the fray after it snapped up the
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Uber and Grab have been hit with combined fines of $9.5 million after their merger deal was found to have violated Singapore’s anti-competition laws. Grab acquired (and then merged/closed) Uber’s Southeast Asia business in March, but the Competition Commission of Singapore today declared the deal is “anti-competitive” following a months-long investigation into its impact on
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Singapore Blockchain Week happened this past week. While there have been a few announcements from companies, some of the most interesting updates have come from regulators, and specifically, the Monetary Authority of Singapore (MAS). The financial regulator openly discussed its views on cryptocurrency and plans to develop blockchain technology locally. For those who are unfamiliar, Singapore historically
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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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