Turkey’s inconclusive election, the votes for which were counted yesterday, has left the country in political limbo. The Justice and Development Party (AKP), led by president Recep Tayyip Erdogan, has lost its…
Charter agrees $55bn deal for Time Warner Cable, waits on regulatory approval
Charter Communications, the third biggest cable TV operator in the U.S., has offered to buy the second largest, Time Warner Cable, in a $55 billion deal. Charter offered $195.71 in cash and…
Europe to play drone catch-up with 2025 project
Germany, Italy and France have signed a deal to develop an indigenous European drone, to reduce reliance on Israel and the U.S. The deal, which was first mooted in 2013, will attempt…
Team of former Hailo employees battles fraud as stolen data use intensifies
A group of former employees at London taxi app Hailo has split to form its own fraud protection venture. Ravelin, headquartered in the U.K. capital, will bring payments and machine learning technology…
Tesla’s home batteries, Microsoft Edge and Grooveshark shuts down
Tesla motors has revolutionized the automobile with its electric powered luxury cars, easily recognized on streets around the world. But visionary CEO Elon Musk has aspirations that transcend the vehicle industry.
Bpifrance gives French startup scene major checkup
It’s late Friday at a café in Paris’ sixth arrondissement, and most locals are on their second glass of wine. The moment Nicolas Dufourcq appears, shakes Red Herring’s hand and orders a…
Intel could go all in on Altera acquisition
The first quarter of 2015 was the most robust three months for M&A activity since the start of 2007, with $843 billion worth of deals completed across all industries, according to data…
Why is London leading the European FinTech charge?
by Anam Alpenia Financial technology – or FinTech, to lend it the inevitable portmanteau – has become one of industry’s hottest topics over the past few years. Companies which allow financial institutions…
Amazon drone testing, Sony TV streaming and Uber passes NYC milestone
Amazon has received approval from the U.S. Federal Aviation Administration (FAA) to begin testing out the drones as package delivery vessels.
Apple Watch, HBO Now and a solar flight around the world
Apple’s press event in San Francisco on Monday disclosed details of it’s first new product line since the iPad, the Apple Watch.