Europe

Allegro.AI nabs $11M for a platform that helps businesses build computer vision-based services

Artificial intelligence and the application of it across nearly every aspect of our lives is shaping up to be one of the major step changes of our modern society. Today, a startup that wants to help o

Europe eyes boosting data re-use and funds for AI research

The European Union’s executive body, the EC, has taken a first pass at drawing up a strategy to respond to the myriad socio-economic challenges around artificial intelligence technology &#8212

Challenger bank Starling adds investment service Wealthify to its in-app marketplace

Starling, the U.K. challenger bank founded by Anne Boden, continues to execute on its “marketplace banking” vision, adding integration with Aviva-backed online investment service Wealthify

WhatsApp raises minimum age to 16 in Europe ahead of GDPR

Tech giants are busy updating their T&Cs ahead of the EU’s incoming data protection framework, GDPR. Which is why, for instance, Facebook-owned Instagram is suddenly offering a data download

Fat Lama, the online marketplace for renting out things you own, raises $10M

Fat Lama, the startup that offers a fully insured peer-to-peer rental marketplace for almost anything, is getting a little fatter. The London-based company has raised $10 million in Series A funding i

Real-time developer tool startup Pusher pulls in $8M in Series A funding

Pusher, the London startup that provides tools and cloud infrastructure for developers to add real-time functionality to their apps, such as push notifications and messages, has pulled in $8 million i

Kogan: ‘I don’t think Facebook has a developer policy that is valid’

A Cambridge University academic at the center of a data misuse scandal involving Facebook user data and political ad targeting faced questions from the UK parliament this morning. Although the two-hou

Oracle acquired Grapeshot, a ‘brand safety’ marketing provider, sources say for up to $400M

In the era of fake news and controversies over how brands’ advertising — via programmatic platforms — unwittingly ends up alongside content with which they’d rather not be asso

Belgium’s Cowboy raises $3M led by Index to launch a smarter e-bike

Cowboy, the startup that’s building a new, smarter electronic bicycle, quietly launched in its home country of Belgium this past week, whilst simultaneously disclosing it has raised $3 million i

Uber to stop storing precise location pick-ups/drop-offs in driver logs

Uber is planning to tweak the historical pick-up and drop-off logs that drivers can see in order to slightly obscure the exact location, rather than planting an exact pin in it (as now). The idea is t

Media monitor Meltwater acquires social analytics player Sysomos

Meltwater, best known for coming from the media-monitoring space, has been on a tear recently, acquiring startups in the social media monitoring space and increasingly in AI. It’s now acquired Sysom

Culture Trip picks up $80M for its millennial-focused travel site

While a lot of travel startups (Airbnb, Ctrip, Kayak, to name a few) have made waves by disrupting how people search for and buy accommodation, flights and other travel services, the ongoing interest

From Ferraris to flying taxis: Q&A with Lilium’s new head of Product Design

Munich-based Lilium, the super-ambitious company developing an electric vertical take-off and landing (VTOL) jet and accompanying “air taxi” service, continues to hire top talent to make its visio

Facebook face-recognition error looks awkward ahead of GDPR

A Facebook face recognition notification slip-up hints at how risky the company’s approach to compliance with a tough new European data protection standard could turn out to be. On Friday a Metr

Facebook hit with defamation lawsuit over fake ads

In an interesting twist, Facebook is being sued in the UK for defamation by consumer advice personality, Martin Lewis, who says his face and name have been repeatedly used on fake adverts distributed

Google confirms some of its own services are now getting blocked in Russia over the Telegram ban

A shower of paper airplanes darted through the skies of Moscow and other towns in Russia today, as users answered the call of entrepreneur Pavel Durov to send the blank missives out of their windows

Proxeus wants to be the WordPress of blockchain

Can blockchain technology fix the soul sucking tedium and cost of back-and-forth bureaucracy? The Swiss team behind a blockchain-based platform, called Proxeus, believes it can — and that that will

German Supreme Court dismisses Axel Springer lawsuit, says ad blocking is legal

Germany’s Supreme Court dismissed a lawsuit yesterday from Axel Springer against Eyeo, the company behind AdBlock Plus. The European publishing giant (which acquired Business Insider in 2015) ar

Facebook starts its facial recognition push to Europeans

Facebook users in Europe are reporting that the company has started giving them the option to turn on its controversial facial recognition technology. Jimmy Nsubuga, a journalist at Metro, is among s

Russia’s game of Telegram whack-a-mole grows to 19M blocked IPs, hitting Twitch, Spotify and more

As the messaging app Telegram continues to try to evade Russian authorities by switching up its IP addresses, Russia’s regulator Roskomnadzor (RKN) has continued its game of whack-a-mole to try
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