Google still claimed to be blocking search rivals on Android, despite Europe’s antitrust action

Mobile licensing changes made by Google this fall, when it tweaked terms for OEMs wanting to license its Android smartphone platform on devices destined for the European market, don’t appear to be offering succour to search rivals — despite being triggered by an antitrust ruling intended to reset the competitive playing field. The European Commission […]

AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7M. We’ve confirmed the valuation is $1.5M before including the new capital raised. We’re also […]

Tonsser scores €5.5M Series A to help discover the next soccer star

Tonsser, the Copenhagen-based startup that offers a “football performance app” aimed at youth soccer players who want to build their own online profile and potentially get discovered by a bigger club, has raised €5.5 million in Series A funding. The round is led by Alven Capital, with participation from existing investors SEED Capital and Wellington […]

YouGov acquires social analytics company Portent.IO

YouGov, the international data and analytics group, has acquired ‘social analytics’ startup Portent.IO, a company that it had previously invested in. Terms of the deal remain undisclosed, although I understand the acquisition includes Portent.IO‘s technology, clients and its team, including its data scientists. “We’re all staying on and the entire team including myself have 3-year […]

France doesn’t want to wait for European tax reform to tax tech giants

France’s Economy Minister Bruno Le Maire held a press conference earlier today to announce that France will tax big tech companies starting on January 1st, 2019. This has been a long-rumored tax reform, and it looks like France is changing the scope of the new tax. After a couple of years of negotiations at the […]

N26 launches its premium offering in the UK

Fintech startup N26 recently launched in the U.K. with a single product offering. You could sign up to a free account that gives you free payments around the world but no insurance and no free withdrawals in foreign currencies. The company just added a second tier to its lineup in the U.K. And N26 is […]

B-Social raises £3.2M seed round to begin building a ‘social’ bank

B-Social, a London fintech that currently offers a ‘social finance’ app and beta debit Mastercard, has raised £3.2 million in Seed round funding from undisclosed high-net-worth individuals. However, the fundraise is just the first step in a journey in which B-Social want to eventually become a fully licensed bank that reimagines banking around everyday social […]

UK workplace rights reform doesn’t look disruptive to gig economy giants

The UK government has set out a labor market reform package it bills as a major upgrade to workplace rights in the era of disruptive gig economy platforms. The reforms, which include new legislation, are intended to take account of changes in working practices including those flowing from tech platforms. But despite some gig economy platforms standing […]