Europe

Meta faces $600M competition damages claim in Spain as media owners pursue privacy breach lawsuit

Meta is facing a major legal challenge and damages claim in Spain that argues the adtech giant’s years of failing to have a valid legal basis for processing people’s data for ads under Eur

Meta faces more questions in Europe about child safety risks on Instagram

Meta has received another formal request for information (RFI) from European Union regulators seeking more details of its response to child safety concerns on Instagram — including what it&#8217

TikTok pledges €12B European investment over 10 years as work on Norwegian data center begins

TikTok says it will spend €12 billion as part of an ongoing push to ingratiate itself with European regulators, with the company beginning work on its previously announced Norwegian data center. The

This small French company wants to build the open alternative to Kindle and Kobo

For the past decade, three companies have been building full-fledged e-book ecosystems with devices, apps and digital bookstores all working perfectly together — Amazon, Rakuten and a tiny company c

Tech-enabled warehousing startup Huboo raises another $36.6M amid continued e-commerce growth

When consumers switched to home deliveries and “digitized” their lifestyles during the pandemic, it led to a surge in e-commerce sales and thus, also, in the need for warehousing and shipping. But

Meta reportedly set to launch Threads in the EU next month

Since its launch in July, Meta’s text-based social network Threads has gained many features, but a major missing part in the puzzle has been the app’s availability in the EU. The company,

Robinhood brings its stock-trading platform to the UK, its first international market

We knew it was coming, but stock-trading platform Robinhood is finally open for business in the U.K. — its first international market since debuting in the U.S. more than a decade ago. Robinhood

European consumer groups band together to fight Meta’s self-serving ad-free sub — branding it ‘unfair’ and ‘illegal’

Days after a privacy complaint was lodged against Meta in the European Union over its latest controversial shift of legal basis claimed for processing people’s data for ads, consumer groups acr

Elon Musk is now taking applications for data to study X — but only EU risk researchers need apply…

Lawmakers take note: Elon Musk-owned X appears to have quietly complied with a hard legal requirement in the European Union that requires larger platforms (aka VLOPs) to provide researchers with data

London’s iconic black cabs can soon be hailed on Uber

Uber has secured another win over the struggling taxi industry. Soon, riders in London will be able to hail an iconic black cab in the city. London cabbies can now start signing up for Uber trip refer

Scooter startup Tier lays off 22% of workforce to reach profitability

German micromobility operator Tier Mobility is laying off another 22% of its workforce to cut costs in the never-ending grind toward profitability, according to a LinkedIn post from CEO Lawrence Leusc

As pet owners turn to mobile insurance apps, Lassie raises $25M Series B led by Balderton

We last wrote about Lassie, a pet health app and insurance provider, when it closed an €11 million Series A round in 2022. Its growth had been spurred by the boom in pet ownership during the pandemi

Augment provides an MBA-like program, but exclusively online

French startup Augment has seen the incredible rise of online courses and edtech companies, as well as its potential when it comes to reinventing education at scale. That’s why the startup has been

Paris-based startup studio Hexa raises some funding to launch even more startups

You might not be familiar with Hexa, the Paris-based startup studio that has launched dozens of B2B software companies, but some of its portfolio companies have become well-known unicorns, such as Fro

European startup funding halved to $45B in 2023, says Atomico

The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist, and one of the most acutely impacted areas has been VC f

Amazon’s iRobot purchase sucks up formal competition concerns in EU

European Union regulators have sent Amazon a formal statement of objections setting out competition concerns over its proposed acquisition of robot vacuum maker, iRobot. The step does not confirm the

Sweden sides with Tesla, says transport agency must deliver plates or pay up

Tesla won a small battle against Swedish union workers fighting for collective bargaining rights, but the war will continue. A Swedish court ruled Monday that the country’s transport authority h

California’s privacy watchdog eyes AI rules with opt-out and access rights

California’s Privacy Protection Agency (CPPA) is preparing for its next trick: Putting guardrails on AI. The state privacy regulator, which has an important role in setting rules of the road for

Cyberattack on legal tech provider causing widespread disruption to UK law firms

CTS, a U.K.-based provider of managed IT services for law firms and the professional services industry, is experiencing a cybersecurity incident that is causing ongoing widespread disruption across th

Reflections on Web Summit: Out of the frying pan, and out of the fire?

“What controversy?” said the journalist from a global mainstream television outlet to me at the Web Summit Media Dinner, earlier this month in Lisbon. For all the heat and light, the gnashing of t
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