Pavegen, which harvests energy and data from footsteps, secures crowd and Hinduja Group funding

Pavegen, a UK startup which harvests energy from people’s footsteps and also tracks that data, has raised £2.6m on its crowdfunding push having doubled its initial £950k target. The campaign secured funds from over 1,400 investors, including partnership and anchor investment from major global engineering conglomerate Hinduja Group and family investment firm Tamar Capital. The […]

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Laundrapp and Zipjet merge to form largest on-demand laundry service in UK, seal new funding

Two of Europe’s biggest on-demand laundry startups are merging today. Laundrapp from London and Zipjet from Berlin are confirming the completion of a previously-rumored merger through which the combined business will become the largest on-demand laundry business in the UK. Alongside this, the combined business has completed a funding round from existing investors including Toscafund, […]

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Taster raises another $8 million for its native food delivery brands

If you’re an Instagram user, chances are you’ve encountered a ton of ads for companies trying to sell products directly to consumers, using social networks as storefronts paired with online stores. French startup Taster is doing the same thing with restaurants built specifically for food delivery startups. The startup raised an $8 million funding round […]

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TransferWise’s new debit card for the US fires the starting gun on a new war for travelers

International money transfer service TransferWise, has made a significant incursion into the US market today, launching a MasterCard debit card alongside a multicurrency account. Mirroring the card it has already launched in the UK and Europe last year, the card will work in over 40 currencies without balance limits, and conversion fees will be competitive […]

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Europe should ban AI for mass surveillance and social credit scoring, says advisory group

An independent expert group tasked with advising the European Commission to inform its regulatory response to artificial intelligence — to underpin EU lawmakers’ stated aim of ensuring AI developments are “human centric” — has published its policy and investment recommendations. This follows earlier ethics guidelines for “trustworthy AI”, put out by the High Level Expert […]

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EU opens formal antitrust probe of Broadcom and seeks interim order

The European Commission has opened a formal investigation into US chipmaker Broadcom which it suspects of restricting competition via a number of exclusivity practices in markets where it holds a leading position such as for systems-on-a-chip, front-end chips and wifi chipsets. Earlier this year press reports suggested US authorities are broadening their own antitrust probe […]

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UK law review eyes abusive trends like deepfaked porn and cyber flashing

The UK government has announced the next phase of a review of the law around the making and sharing of non-consensual intimate images, with ministers saying they want to ensure it keeps pace with evolving digital tech trends. The review is being initiated in response to concerns that abusive and offensive communications are on the […]

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