Europe

Uber’s new CEO Dara Khosrowshahi will go to London to meet with the city’s transport commissioner following the regulator’s decision to withdraw licensing. A Transport for London (TfL) spokeswoman confirmed that the meeting will take place next Tuesday. “Following an approach from Uber and at the mayor’s request London’s transport commissioner will meet with Uber’s global
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Google has rolled out changes to how it displays search results for products in Europe to try to comply with an EU antitrust ruling against its Google Shopping search comparison service. A multi-year EU antitrust investigation into Google’s practices around search comparison ended this June with the European Commission handing the company a €2.42 billion (~$2.73BN) fine for antitrust
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Fintech startup Revolut is trying so many things at once that it’s hard to keep track of everything. This time, the company is partnering with Simplesurance to launch a new insurance product. You can now insure your cell phone for £1 per week/£42 per year, which represents $1.35 per week/$56.50 per year. Most telecom companies
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French startup Eligo Bioscience just raised $20 million to develop next-gen biotherapeutics. Khosla Ventures is leading the round. This is also Khosla Ventures’ first investment in a French startup. Existing investor Seventure Partners is also participating, and the startup received a $2 million grant from the Worldwide Innovation Challenge. Eligo Bioscience has been working on
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A UK court has reaffirmed the power for state agents to use sweeping counterterrorism legislation to require travelers hand over the passwords for their digital devices for their contents to be searched at borders. A London court today found Muhammad Rabbani guilty of willfully obstructing the police by failing to hand over device passwords and the
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Synthace, a UK startup using open source technology to make process in biotechnology move faster, has raises a £7.3m Series A round. New investors White Cloud Capital, Amadeus Capital Partners and Eleven Two Capital participated alongside existing investors that included Sofinnova Partners, SOSV and Bioeconomy Capital. The Company’s Antha operating system replaces processes which are
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The tech industry’s over-processed supply of irony might not be enough to service all the ramifications of Uber being stripped of its London license by the city’s transport regulator. Uber advocates were immediately scrambling to bust out the reactionary clichés — painting the regulator as “anti-innovation” and claiming London is now ‘closed for digital business’.
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In a huge blow to Uber in the UK London’s transport regulator has rejected its application to renew its license to operate in the city. In a statement today TfL said it has concluded that Uber is “not fit and proper to hold a private hire operator licence”. “TfL’s regulation of London’s taxi and private
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