Remember the backlash over that impossible-to-understand privacy policy update pushed out by WhatsApp last year? A consumer protection complaint over the messaging platform’s aggressive push to make users accept impenetrable terms changes related to its use of their data continues to rumble on in the European Union — now shifting up a gear into a formal
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Today’s cars are dumb where they should be smart, and smart where they should be dumb. Enough already. Make a car that’s pretty much all dumb and watch it sell — because what automakers are giving people is so bad, they’ll pay more to have less of it. Cars now are like budget smartphones with
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Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We had the full crew aboard today, headed by our superlative production team Grace and Chris, and hosting crew Mary Ann, Natasha and Alex. What did we get into? Well, a host of pretty awesome stuff, even if
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The 2020-2021 trading and investing boom lifted a number of companies’ revenue growth, fundraising and narrative strength. Some of the best-known even went public on the back of a global trend that made their businesses shine. Now that shine is fading, and the value of select fintech concerns is in free-fall. The best example of
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One of the most popular applications of artificial intelligence to date has been to use it to predict things, using algorithms trained with historical data to determine a future outcome. But popularity doesn’t always mean success: predictive AI leaves out a lot of the nuance, context and cause-and-effect reasoning that goes into an outcome; and
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He Huang Contributor He Huang is a partner at Northern Light Venture Capital supporting early-stage enterprise companies. It’s been a tumultuous few years, but China’s manufacturing industry is now on the rebound. Once an industry characterized by low-end manufacturing and intensive labor, it has transformed into a high-end manufacturing hub aided by technology. Automation and
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Bolt, the Estonian mobility tech company that recently closed a huge round, is planning to onboard an additional 200,000 drivers in Africa this year, as it kicks-off expansion to more cities within its existing markets while keeping up with the growing demand for e-hailing services across the continent. Bolt’s Africa regional director, Paddy Partridge, told
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While some startups are trying to get people to leave spreadsheets behind, Canvas, which is developing a collaborative data exploration tool, is going all in with a spreadsheet-like interface for non-technical teams to access the information they need without bothering data teams. Luke Zapart, who started Canvas in late 2020 with his former Flexport colleagues
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Although default end-to-end encryption won’t fully arrive on Facebook Messenger until sometime in 2023, the company says today its feature offering end-to-end encrypted group chats and calls in Messenger is now fully rolled out. In addition, Messenger is adding another security feature with the launch of screenshot notifications in end-to-end encrypted chats, similar to rival
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The EU has cleared Meta/Facebook’s acquisition of CRM maker, Kustomer — accepting a set of commitments from the tech giant to allay competition concerns linked to the fact it also owns a suite of popular messaging apps frequently used by small businesses for customer outreach (aka Facebook Messenger, Instagram and WhatsApp).  The Commission said Meta
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We are continuing to see fallout from the Covid-19 pandemic and its impact on the tech industry, with one of the latest developments coming out from France. Sigfox — a high-profile IoT startup that had raised over $300 million in venture funding and had ambitions to build a global communications network using a new approach
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Rhys Spence Contributor Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund, where he works with portfolio companies to help address priorities, with a focus on internationalization and HR. More posts by this contributor The unbundling of professional learning and entrepreneurship education What we can learn from edtech startups’ expansion efforts
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bloss is a UK startup that connects would-be or existing parents to pre-vetted parenting experts. It has now raised £1million in a pre-seed round led by Antler, the early-stage VC and is also backed by angels including Silicon Valley entrepreneur, Narry Singh, footballer Andriy Shevchenko and British-Jamaican entrepreneur, Alexandra Chong. The funds will be used
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New data from Kruze Consulting shows just how much the venture capital fundraising market has changed for startups in the last few quarters. Kruze, which provides accounting, tax and venture capital-related services to private tech companies, has access to hard data regarding startup performance. Healy Jones, vice president of financial planning and analysis at Kruze
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