European Commission President Ursula von der Leyen has opened the Web Summit event by pledging to overhaul the way Brussels regulates the tech industry. Speaking on the first day of the influential…
Russian Banking Giant Sber Makes Massive Pivot to Tech
Sberbank, Russia’s largest bank and the 33rd-biggest on earth, has made a huge pivot to tech, as it bids to revamp its image for the digital age. Today the Moscow-headquartered firm inaugurated…
Milan’s Kampaay Wins $689,000 for Digital Events Platform
Italian startup Kampaay, a platform that streamlines event organization, has won a €580,000 ($689,000) funding round to expand its solution. The firm, founded out of Milan’s Politecnico university, hooks events planners up…
“Singles Day” Breaks Alibaba Records – But Regulation Knocks Chinese Stocks
Alibaba, the Chinese tech giant, has pulled in record sales figures. Yet not all is rosy for the firm. In previous years “Singles Day”—a Chinese Black Friday—has been measured in 24-hour frames.…
Spotify Buys Megaphone for $235m
Swedish music streaming giant Spotify has acquired podcast advertising and publishing firm Megaphone, in a deal worth a reported $235 million. The deal will help Spotify provide targeted ads, and expand advertising…
Biden Win Could Bring End to US Broadband Deserts
As Joseph R. Biden Jr celebrates his victory to become the United States’ 46th President, he has pledged to unite Americans behind his leadership. One key area in which the country is…
IN-DEPTH: Tech Holds its Breath as America Choses a Leader
In around 24 hours it will be a lot clearer—if uncertain—who America’s next President will be. And while tech has been far down the list of electoral priorities for both candidates, wins…
Treasure8 Scales its Revolution Against Food Waste
Humans waste around 1.3 billion tonnes of food each year – that’s enough to fill around two-thirds of Lake Eerie. Agriculture contributes almost a fifth of the world’s greenhouse gas emissions, and…
TikTok and Oracle Team Up, as Microsoft Bid Fails Dramatically
Oracle will partner with social media platform TikTok in the United States, as a bid from Microsoft was rejected. The terms of the Oracle deal have not yet been made public, but…
WhatsApp Hopes its Misinformation-Busting Feature Will Help Democracy
Social media platform WhatsApp has launched a new feature it hopes will make discourse more truthful. “Search the web” allows users to click on a small magnifying-glass image next to posts shared…