Europe

Activists in Germany fight for algorithmic accountability, plus more on societal resilience That question in the headline was the challenge posed by a group of open knowledge junkies in Germany who wanted to understand how a person’s Schufa was calculated. Schufa is a credit bureau that generates financial scores for potential borrowers in Germany, and
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As we continue the quest for better and more efficient sources of energy to link up our connected world, companies that are developing new power solutions are attracting attention. Today, a startup called Wiliot, which makes semiconductors that harness ambient nanowatts of electromagnetic energy from cellular, WiFi and Bluetooth networks to work without batteries or
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Amazon’s Dash buttons have been found to breach consumer ecommerce rules in Germany. The push-to-order gizmos were debuted by Amazon in 2015, in an attempt by the ecommerce giant to shave friction off of the online shopping process by encouraging consumers to fill their homes with stick-on, account-linked buttons that trigger product-specific staple purchases when pressed
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The London fintech industry is pretty close-knit, full of strong personalities, and at times fiercely competitive. Within this context it is quite common for employees — and sometimes even founders — to swap sides. The latest such move sees André Mohamed, previously CTO and a co-founder of Freetrade, join rival Revolut as its new Head
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Should you let AI help you pick your roommates? Barcelona-based urban room rental startup Badi thinks so, and it’s just closed a $30 million Series B funding round less than a year after a $10 million Series A — suggesting algorithm-aided matchmaking is resonating with its target millennial(ish) “Generation Rent” demographic as they hunt for their
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Google will be cheered by the view of an influential advisor to Europe’s top court vis-à-vis the territorial scope of the so-called ‘Right to be Forgotten.’ Since a 2014 Court of Justice decision, search engines operating in Europe have been required to accept and review requests from private citizens to delist outdated or irrelevant search
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TransferWise, the London-headquartered international money transfer company, is applying for a new licence in Brussels, in a bid to navigate a possible “no deal” Brexit as the U.K. prepares to leave membership of the European Union on March 29 this year. One of the definite plusses of EU membership, and something that has undoubtedly benefited
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Facebook has confirmed it has removed the pages and profiles of a far right political activist in the UK after concerns were raised in parliament about aggressive intimidation of politicians and journalists trying to go about their business in and around Westminster. PayPal has also closed an account that was being used to solicit donations
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The UK government has announced new powers for police to tackle illegal use of drone technology, including powers to land, seize and search drones. This follows the recent Gatwick drone fiasco when, just before Christmas, a spate of drone sightings near the airport caused a temporary shutdown of the runway, and disruptive misery for thousands of people at one of
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Robinhood, the U.S.-based “zero-fee” stock trading app and cryptocurrency exchange, is stealthily recruiting for a new London office ahead of plans to eventually launch in the U.K., TechCrunch has learned. According to sources within London’s thriving fintech industry, Robinhood is hiring for multiple U.K. positions. These span recruitment, operations, marketing and PR, and customer support.
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While Facebook continues to repair its image with consumers disenchanted with the social network’s role in disseminating misleading or false information and mishandling their personal data, it’s ironically been finding some traction for its enterprise-focused service, Workplace. Today, the company announced that it has added another huge company to its books: Nestlé, the coffee, chocolate and
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Amazon this morning said its Alexa devices were among the holiday season’s best-sellers, particularly the Echo and Echo Dot. But the influx of new users setting up their devices for the first time on Christmas Day appeared to be more than Alexa could handle. The service crashed briefly on Christmas, as thousands of new Alexa
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PetaGene, the Cambridge, U.K.-based genomics data compression startup, has raised $2.1 million in further funding. Leading the round is U.S. venture firm Romulus Capital, with participation from other unnamed investors Silicon Valley and London. It brings total funding to $3.2 million. Previous investor Entrepreneur First, the company builder backed by Greylock Partners, also followed on.
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