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Most U.S.-based tech investors are likely familiar with smaller-ticket investor marketplaces AngelList and Carta. In Europe, Germany’s Bunch and the UK’s Vauban (acquired by by US-based Carta last year) have attempted to do similar job. But the back-story to this is that although launching many years ago, AngelList struggled with Europe’s regulatory environment. UK Angel
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Shares of Amplitude, Airbnb and Twilio are down sharply this morning following their earnings results yesterday. It might seem odd to group these companies together given the different sectors they operate in: Amplitude does digital product analytics, Airbnb provides a marketplace for consumer lodging rentals, and Twilio sells communications services for software products via APIs.
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Bloomberg’s Rachel Metz joins Ed Ludlow and Caroline Hyde to discuss the document leaked by a senior software engineer at Google who says the tech company is losing its edge in artificial intelligence. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde
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Much of our computer time is spent in a web browser, where we check emails, create documents, transfer files, carry out online banking, shop or stream entertainment. This leaves us vulnerable to security threats like phishing, identity theft and session hijacking, but many cybersecurity tools were created when the main threats were file viruses, worms
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A legal opinion on a controversial European Union legislative plan set out last May, when the Commission proposed countering child sexual abuse online by applying obligations on platforms to scan for abuse and grooming, suggests the planned approach is incompatible with existing EU laws that prohibit general and indiscriminate monitoring of people’s communications. The advice
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All Raise’s interim CEO Paige Hendrix Buckner has now dropped the “interim,” according to the nonprofit’s blog post. Hendrix Buckner joined the organization, which supports women founders and funders, as chief of staff in early 2022 and stepped in as interim CEO in January following the resignation of former CEO Mandela S.H. Dixon. Prior to
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PayPal’s woes indicate the market doesn’t mind kicking fintech while it’s down Alex Wilhelm 7 hours PayPal’s shares are off around 11% this morning despite the company reporting better-than-expected revenue and profit in the first quarter. The company also raised its forecast for the year, though that was apparently not enough to sate investors. But
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Different demographics often have different banking needs. So it’s no surprise that we have seen a flurry of financial technology startups offering banking services catered to certain populations based on factors such as age and ethnicity. For example, numerous fintech startups cater to younger users – from Greenlight to Step to Current and now, Acorns.
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Last year we covered how late-stage tech backer Liquidity Group had raised $775M for its fintech platform from Apollo (private equity) and MUFG (a Japanese bank). Liquidity is part tech platform and part lender, using its technology to make decisions on deploying debt facilities and other financial solutions from $5M to 100M relatively quickly compared
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SoFi CEO Anthony Noto joins Caroline Hyde and Ed Ludlow to discuss the banking turmoil and the company’s earnings results. Plus, Expedia and SoFi’s rollout of SoFi Travel powered by Expedia, which will offer SoFi’s members the ability to book flights, hotels, car rentals and more. ——– Like this video? Subscribe to Bloomberg Technology on
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Despite the investor caution narrative permeating the startup world throughout the economic downturn, certain startup-types have been a little more impervious to market conditions. The global supply chain was one of the major industrial casualties of the pandemic, so it perhaps goes without saying that companies tackling issues related to the global supply chain would
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Time is relentless and, right now, it’s no friend to procrastination-prone early-stage startup founders. The application window for Startup Battlefield 200 (SB 200) at TechCrunch Disrupt 2023 slams shut in just one week. Can you afford to miss this potentially life-changing opportunity? We think not. Startup Battlefield 200 applications close in 7 days The elite
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Conferences and other in-person events rushing to impose facial recognition on attendees in Europe without doing the necessary due diligence over data protection risks beware: The organizers of the global connectivity industry shindig, Mobile World Congress (MWC), which takes place annually in Barcelona, have been fined €200,000 (~$224k) by Spain’s data protection watchdog over a breach
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