Europe

Facebook’s lead data protection regulator in Europe has asked the company for an “urgent briefing” regarding plans to integrate the underlying infrastructure of its three social messaging platforms. In a statement posted to its website late last week the Irish Data Protection Commission writes: “Previous proposals to share data between Facebook companies have given rise
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The UK’s data protection watchdog has issued fines against a pro-Brexit campaign, Leave.EU, and an insurance company owned by the largest individual donor to the leave cause, Arron Banks’ Eldon Instance. The penalties have been handed down for what the Information Commissioner’s Office (ICO) dubs “serious breaches of electronic marketing laws”.  The fines — served under
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An advertising pitch deck used by fast-growing short form video sharing app TikTok has leaked, providing a snapshot of usage in its biggest markets in Europe. The pitch deck was obtained by Digiday which says it was sent to a large (unnamed) European ad agency. Metrics and gender breakdowns for the UK, France, Germany, Spain and Italy are
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Uber is suspending its professional taxi service in Barcelona from tomorrow almost a year after it re-entered the Catalan capital. The move follows the regional government agreeing new regulations for the vehicle for hire (VTC) sector aimed at making sure they do not compete directly with taxis. “The new restrictions approved by the Catalan Government
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Facebook could face fresh scrutiny in Europe following a TechCrunch report on its use of a VPN app to monitor people’s smartphone activity — including teenagers as young as 13. The Irish Data Protection Commission (DPC) told us it’s asked Facebook to provide more information on what data is collected via the market research program, codenamed ‘Project
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Telecom company Altice is about to close a significant investment in French startup Molotov — the two companies have entered into exclusive negotiations. While terms of the deal are undisclosed, Altice should end up with a majority stake in Molotov for hundreds of millions of euros. This is an interesting move as it greatly increases
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Catalonia’s regional government in Spain has agreed new rules to regulate the vehicle for hire (VTCs) sector that will require ride-hailing companies such as Uber and Cabify to substantially change how they operate in Barcelona and other local cities as soon as this week. The changes have been agreed by decree, ahead of a planned
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Facebook continues to feel the heat over its role in how people communicate — and more importantly, miscommunicate — globally, so today in Europe it redoubled its efforts to counter critics by rolling out new controls specifically around election misinformation ahead of European Parliament elections this spring. It unveiled its latest efforts to fight “fake
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This is a critical reading of Facebook founder Mark Zuckerberg’s article in the WSJ on Thursday, also entitled The Facts About Facebook.  Yes Mark, you’re right; Facebook turns 15 next month. What a long time you’ve been in the social media business! We’re curious as to whether you’ve also been keeping count of how many times
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The UK is experiencing a significant and drastic fall in the volume of business-to-business transactions, according to the CEO of one of the world’s largest B2B payments and supply chain logistics platforms.In an exclusive interview with TechCrunch at the World Economic Forum in Davos Switzerland, Tradeshift CEO and co-founder Christian Lanng said: “We see the
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French startup Mooncard raised a $5.7 million funding round (€5 million) from Raise Ventures, Aglaé Ventures and business angels. The company provides a service to track and manage your company’s expenses with the help of good old plastic cards. Corporate credit cards aren’t as widespread in France as in the U.S. and other countries. That’s
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French startup Wynd raised another $82 million (€72 million) from Natixis, Sofina and BNF capital. The company started with a point-of-sale solution for restaurants and other brick-and-mortar stores. It now provides a one-stop-shop for all your digital needs when it comes to managing your offline and online sales. The startup has raised $127 million in
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Taxi drivers in major cities in Spain are on strike again to apply pressure for more stringent regulations to control app rivals such as Uber and Cabify which they view as unfair competition. In Barcelona the taxi sector called an indefinite strike on Friday, using their vehicles to block Gran Vía in the Catalan capital,
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London, with its huge FinTech hub, is continuing to attract investment and that is no better represented today than with the news that MarketInvoice, arguably Europe’s largest online invoice finance platform, has raised £26M ($33.5M) in a Series-B funding round led by Barclays and fintech fund Santander InnoVentures, alongside participation from European VC Northzone, which
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