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EU closes antitrust probe into Apple's e-book and audiobook rules after complaint withdrawn | TechCrunch

November 22, 2024 10:25 PM0


The European Commission (EC) has quietly closed a longstanding antitrust investigation into Apple over rules it enforces against third-party e-book and audiobook app developers. The EC opened the probe back in 2020 after receiving complaints over how Apple forced competing e-book and audiobook app developers to use Apple’s own in-app payment system, while also preventing […]

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Software Development in Sri Lanka

Robotic Automations

Meta slapped with a €798M fine in Europe over anticompetitive Marketplace practices | TechCrunch

November 21, 2024 8:28 AM0


Meta, the parent of Facebook, Instagram, and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this time over abusive practices related to Facebook Marketplace. The European Commission announced that it would fine Meta €797.72 million — nearly $840 million — for breaching EU antitrust rules connected to how it ties its […]

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Software Development in Sri Lanka

Robotic Automations

Venture funding in Europe in 2024 fell to $45 billion, says Atomico | TechCrunch

November 19, 2024 5:50 AM0


Funding for European tech appears to have stabilised in 2024 after dropping precipitously in 2023, but the signs continue to point to more tough times ahead, according to the latest State of European Tech report.  The annual survey — produced by European VC firm Atomico — notes that startups in the region are on track […]

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Software Development in Sri Lanka

Robotic Automations

Europe asks for input on banned uses of AI | TechCrunch

November 13, 2024 8:56 PM0


The European Union is developing compliance guidance for its new law on AI. As part of that process it’s launched a consultation (here) seeking input in two areas. The first is how the law defines AI systems (as opposed to “simpler traditional” software). It’s asking people in the AI industry, business, academic and civil society […]

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Software Development in Sri Lanka

Robotic Automations

Meta taps US, UK universities to test VR in education, creates digital twin 'metaversities' in Europe | TechCrunch

November 11, 2024 8:07 PM0


As part of an ongoing effort to embed virtual reality (VR) in education, Meta has launched a new partnership with a slew of universities in the U.S. and U.K., designed to provide feedback on a new product that Meta hopes will finally make VR just a little more mainstream. The new Meta for Education beta […]

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Software Development in Sri Lanka

Robotic Automations

Exclusive: Glint Solar grabs $8M to help accelerate solar energy adoption across Europe

November 7, 2024 1:52 PM0


Solar energy is booming, which is good news for Glint Solar. The Norwegian software-as-a-service startup has built a platform that’s helping energy giants and large solar developers such as E.ON, Recurrent Energy, and Statkraft cut the time it takes to plan and pre-design solar installations to accelerate the transition to renewables. Glint’s software pulls in data […]

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Software Development in Sri Lanka

Robotic Automations

Microsoft accuses Google of 'shadow campaign' to influence cloud regulation in Europe | TechCrunch

October 29, 2024 2:07 AM0


The European cloud wars are heating up. Microsoft has accused its old foe Google of waging a clandestine war against the Azure cloud company, to curry favor with policymakers and antitrust authorities in Europe. In a blog post today, Microsoft deputy general counsel Rima Alaily pre-empted the imminent launch of a new lobby group called […]

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Software Development in Sri Lanka

Robotic Automations

Founders and VCs back a pan-European C corp, but an ‘EU Inc’ has a rocky road ahead | TechCrunch

October 28, 2024 1:10 AM0


It’s become a common refrain in political discourse: Europe needs to take radical action to remain competitive. On the long list of potential reforms, one that’s gaining particular traction is a new, EU-wide corporate status for innovative companies. Known (somewhat obscurely) as the “28th regime,” the innovation is being billed as Europe’s answer to a […]

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Software Development in Sri Lanka

Robotic Automations

Are Cybertrucks too angular for Europe? | TechCrunch

October 24, 2024 8:18 PM0


Tesla’s Cybertruck is facing blowback in Europe, particularly over pedestrian safety concerns. Euro NCAP, a voluntary but influential car safety assessment program in Europe, has not in any way tested the Cybertruck, but based on a visual assessment alone, raised alarms over its sharp, angular design, saying it could pose a serious threat to pedestrians. […]

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Software Development in Sri Lanka

Robotic Automations

Vinted hits $5.4B valuation amid wave of secondary share sales in Europe | TechCrunch

October 24, 2024 4:21 PM0


Lithuania’s Vinted has secured a new valuation of €5 billion (around $5.4 billion at current exchange rates), after the second-hand fashion marketplace closed a secondary share sale worth €340 million ($367 million). The transaction was led by private equity giant TPG, with other new participants including Baillie Gifford, FJ Labs, Hedosophia, Invus Opportunities, Manhattan Venture […]

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Software Development in Sri Lanka

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