Telegram Faces a Reckoning in Europe: Other Founders Should Beware In recent years, Telegram has gained immense popularity around the globe as a popular messaging app. Touted for its robust security features and privacy options, the platform attracted millions of users seeking a safe and secure way to communicate. However, the company’s operations have come… Continue reading Telegram Faces a Reckoning in Europe. Other Founders Should Beware
Category: european
Amazon Games opens a new European development studio led by a Ubisoft veteran
Amazon Games, the gaming division of the multinational tech giant Amazon, is making waves in the gaming industry once again. This time, it has announced the opening of a brand new European development studio, led by a veteran from the renowned game publisher Ubisoft. This move is sure to bring fresh perspectives and expertise to… Continue reading Amazon Games opens a new European development studio led by a Ubisoft veteran
Amazon Web Services and Microsoft Azure face antitrust probe
The tech giants Amazon and Microsoft are currently in the midst of an antitrust probe by the European Commission for their cloud computing businesses. The probe focuses on whether Amazon and Microsoft are using their dominance to limit the choice of customers in the cloud computing market. The investigation by the European Commission follows complaints… Continue reading Amazon Web Services and Microsoft Azure face antitrust probe
The lowdown for European startups looking to raise money in 2023
With 2021 already here, many European startups have been looking ahead to the future. In particular, many are asking what does 2023 hold for them when it comes to raising money for their startup? As the years pass, the list of investors grows, and the fundraising landscape evolves. This means that startups need to ensure… Continue reading The lowdown for European startups looking to raise money in 2023
Aerospace raises
Isar Aerospace Technologies Inc., a German rocket company, has raised $165 million as part of its latest financing round. The funding will help the company to launch its first commercial satellites with its Isar One rocket by 2021 and bring more sovereign launch capabilities to Europe. The announcement comes after Isar raised $22 million in… Continue reading Aerospace raises
‘High conviction
European startup founders have something to celebrate this week, as the venture capital firm Playfair Capital announced the launch of a new pre-seed fund, with a total amount of $70M. The new fund aims to support early-stage companies in Europe, providing much-needed capital for talented entrepreneurs to turn their business ideas into reality. Playfair Capital… Continue reading ‘High conviction
Europe tools up for the repairable future
For the past several years, Europe has been heavily investing in the repairable future in order to reduce its environmental footprint. With advances in technology, materials, and manufacturing, European countries have started to replace single-use products with more eco-friendly alternatives. This shift has been made possible, in part, by the development of new tools. For… Continue reading Europe tools up for the repairable future
Daily Crunch
Japanese marketing technology firm Geniee recently acquired British start-up Zelto for an estimated $70 million. This acquisition is just one of the many deals that Geniee has been involved in this year as the company has worked to strengthen its presence in the European market. Geniee is a company based in Japan that specializes in… Continue reading Daily Crunch
European Commission orders staff to remove TikTok from work devices
The European Commission (EC) has taken strict measures against the popular video-sharing app, TikTok, after reports of the app sending user data to China raised concerns. According to an internal memo obtained by Reuters, the EC has ordered all staff to delete the app from all work devices. The order is reportedly part of the… Continue reading European Commission orders staff to remove TikTok from work devices
European Parliament declares Russia a terrorism sponsor, then its site goes down
On Tuesday, the European Parliament passed a resolution declaring that Russia is a state sponsor of terrorism, citing the Kremlin’s support for separatists in eastern Ukraine and its actions in Syria. Shortly afterward, the website of the European Parliament went offline, leading some to speculate that the two events are connected. The European Parliament’s resolution… Continue reading European Parliament declares Russia a terrorism sponsor, then its site goes down