Spain slaps Google for frustrating the EU’s ‘right to be forgotten’
Here’s a rare sight: Google has been hit with a €10 million fine by Spain for serious breaches of the European Union’s General Data...
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Gopuff, the instant delivery upstart, taps ex-Disney head Bob Iger as its newest investor and advisor
Gopuff, the instant delivery giant valued at $15 billion (and filing for financing in December 2021 at a valuation of up to $40 billion), made a name...
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Earlybird VC closes new €350M fund for Western European startups, with a deeptech angle
Earlybird VC was one of the, if not the “OG” of the emergence of Berlin as a key global tech startup ecosystem 15 years ago. Founded in 1997,...
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Classiq raises additional funding for its quantum algorithm design tools
Tel Aviv-based Classiq, a startup that wants to make it easier for developers to build quantum algorithms and applications, today announced that it...
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Report spotlights vast scale of adtech’s ‘biggest data breach’
New data about the real-time-bidding (RTB) system’s use of web users’ info for tracking and ad targeting, released today by the Irish...
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Corporate venture investors pulled back in Q1, but less than you imagined
Looking at the changing pace of CVC activity, geographic trends, and more.
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Nexi, the Italian payments giant, buys Germany’s Orderbird for $140-150M to expand its SMB strategy
More consolidation is apace in the world of payments: Nexi, the Italian fintech that scooped up rivals Danish-based Nets and then Italy’s SIA...
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Daily Crunch: Terraform Labs CEO goes public with strategy to re-peg sliding UST stablecoin
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
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Europe’s CSAM scanning plan unpicked
The European Union has formally presented its proposal to move from a situation in which some tech platforms voluntarily scan for child sexual abuse...
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Daily Crunch: Peloton CEO to shareholders: ‘Turnarounds are hard work’
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
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UK opts for slow reboot of Big Tech rules, pushes ahead on privacy ‘reforms’
The UK government has confirmed it will move forward on a major ex ante competition reform aimed at Big Tech, as it set out its priorities for the...
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US, UK and EU blame Russia for ‘unacceptable’ Viasat cyberattack
The cyberattack knocked out communications across Ukraine and Eastern Europe as Russia was preparing to invade.
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Elon Musk gives Europe’s speech platform rules the thumbs up
While the world continues to wonder what ‘free speech absolutist‘ and gadfly billionaire Elon Musk might mean for the future of Twitter,...
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Byrd nabs $56M to grow its European e-commerce logistics and fulfillment network as an alternative to Amazon
Shopify put a spotlight on the role and significance of logistics and fulfillment in e-commerce when it snapped up Deliverr for $2.1 billion last...
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Daily Crunch: PayPal Ventures leads $50M Series B for Egyptian fintech Paymob
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
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UK’s Big Tech regulator ‘to boost switching, cut killer acquisitions’
Just over a year after launching a dedicated unit focused on digital markets inside the national competition watchdog, the UK government has put some...
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Batteries have become VC and PE’s most electric investment opportunity
Five years ago, battery startups attracted important but not transformative investments. But money began pouring in toward the end of 2020. What...
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EU’s new rules for Big Tech will come into force in Spring 2023, says Vestager
The European Union’s flagship reform for tackling Big Tech platform power, the Digital Markets Act (DMA), will come into force in early 2023,...
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Daily Crunch: European startup studio eFounders unveils its next-generation CRM tool
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
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Match Group Google Play Store complaint triggers Dutch antitrust probe
A competition complaint against Google’s Android Play Store by Match Group, the company which owns Tinder and a number of other dating apps,...
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Just Eat Takeaway takes away chairman, investigates COO, weighs Grubhub sale as meal delivery cools down
The food delivery business, and tech companies leading the charge, were hot commodities at the peak of the Covid-19 pandemic as people stayed indoors...
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Meta faces years of tougher antitrust oversight in Germany
Facebook’s rebranded parent, Meta, has become the next tech giant to be confirmed as subject to a special competition abuse control regime in...
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Google touts more Workspace controls for users in Europe
Google has announced a package of additional controls for users of its productivity suite, Google Workspace (neé G Suite), in Europe — which...
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Kevin raises $65M as it charges ahead on account-to-account payments over point-of-sale terminals
Payments remains a very fragmented business around the world: depending on where you’re buying or selling something (and whether you are...
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How to remove your personal information from Google search results
You can now ask Google to remove search results that contain confidential personal data, including ID documents and contact information.
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Pinterest addresses the TikTok threat in its first quarter earnings
Pinterest may have beat on revenue and earnings in the first quarter, but the company is not out of the woods yet when it comes to carving out a...
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Europe’s top court unblocks more GDPR litigation against Big Tech
A ruling by the European Union’s top court today is set to unblock a raft of litigation brought by consumer protection organizations seeking to...
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Meta says its metaverse biz lost another $3B… but the 2030s will be “exciting”
At least Facebook's daily active users are up, according to Meta's first quarter results.
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