Europe

UK’s CMA clears Amazon’s 16% Deliveroo stake, says COVID-19 impact less severe than initially thought

More than a year after Amazon announced that it would be lead a $575 million investment into UK food delivery startup Deliveroo, the country’s competition regulator, the CMA, has finally announc

GDPR’s two-year review flags lack of ‘vigorous’ enforcement

It’s more than two years since a flagship update to the European Union’s data protection regime moved into the application phase. Yet the General Data Protection Regulation (GDPR) has been

London fintech Curve to power Samsung Pay Card in the UK

Curve, the London fintech that is re-bundling various financial products by letting you consolidate all your bank cards into a single card and app, is partnering with Samsung in the U.K. to power its

Memo Bank unveils its business bank, credit license and $22.5 million in new funding

Memo Bank wasn’t always called Memo Bank . It started as Margo Bank and has been flying under the radar for a few years. The French startup is now about to launch publicly and shared more details ab

Zopa granted full UK bank license as it gears up to launch savings account and credit card

Zopa, the 15-year-old peer-to-peer lending company, is announcing that it has been awarded its full U.K. bank licence, as it gears up to launch a fixed-term savings account, followed by a credit car

Accelerated Digital Ventures’ future is in flux after founders lose board seats

The future of Accelerated Digital Ventures (ADV), the U.K. early-stage investment firm now majority owned by Legal & General, is in flux after three of its founders have lost their seat on the boa

How will EC plans to reboot rules for digital services impact startups?

There's a chance for broader perspectives on platform power to shape the next decades online, and much more besides.

Antitrust case against Facebook’s ‘super profiling’ back on track after German federal court ruling

A landmark regulatory intervention that seeks to apply structural antitrust remedies to cut big (ad)tech’s rights-hostile surveillance business models down to size has been revived after Germany

French contact-tracing app StopCovid has been activated 1.8 million times but only sent 14 notifications

France released StopCovid three weeks ago. The government is holding a press conference today to give an update on the app. In particular, this conference is a good opportunity to share some numbers.

On illegal hate speech, EU lawmakers eye binding transparency for platforms

It’s more than four years since major tech platforms signed up to a voluntary pan-EU Code of Conduct on illegal hate speech removals. Yesterday the European Commission’s latest assessment

Swile raises $78.7 million for its corporate lunch card and benefits app

French startup Swile, the startup formerly known as Lunchr, raised a $78.7 million (€70 million) Series C round a few months ago. The startup wants to manage all your corporate benefits and improve

TikTok joins the EU’s Code of Practice on disinformation

TikTok is the latest platform to sign up the European Union’s Code of Practice on disinformation, agreeing to a set of voluntary steps aimed at combating the spread of damaging fakes and falseho

French court slaps down Google’s appeal against $57M GDPR fine

France’s top court for administrative law has dismissed Google’s appeal against a $57M fine issued by the data watchdog last year for not making it clear enough to Android users how it pro

Germany tightens online hate speech rules to make platforms send reports straight to the feds

While a French online hate speech law has just been derailed by the country’s top constitutional authority on freedom of expression grounds, Germany is beefing up hate speech rules — passi

French constitutional authority rejects law forcing online platforms to delete hate-speech content

French regulation on hate speech on online platforms has been widely deemed as unconstitutional by France’s Constitutional Council, the top authority in charge of ruling whether a new law complies w

Mapillary, the crowdsourced database of street-level imagery, has been acquired by Facebook

Mapillary, the Swedish startup that wants to take on Google and others in mapping the world via a crowdsourced database of street-level imagery, has been acquired by Facebook, according to the company

UK gives up on centralized coronavirus contacts-tracing app — will ‘likely’ switch to model backed by Apple and Google

The UK has given up building a centralized coronavirus contacts-tracing app and will instead switch to a decentralized app architecture, the BBC has reported. This suggests its any future app will be

Vivid is a new challenger bank built on top of solarisBank

Meet Vivid, a new challenger bank launching in Germany that promises low fees and an integrated cashback program. The two co-founders, Alexander Emeshev and Artem Yamanov, previously worked as executi

EU digs in on digital tax plan, after US quits talks

The European Commission has reiterated its commitment to pushing ahead with a regional plan for taxing digital services after the U.S. quit talks aimed at finding agreement on reforming tax rules &#82

With three unicorns under its belt, Hoxton Ventures outs ~$100M second fund

Hoxton Ventures, the London-based early-stage VC firm best known for backing British unicorns Babylon Health, Darktrace and Deliveroo, is announcing its second fund, which has closed at a little less
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