A breeding ground for European entrepreneurs, Berlin has a knack for producing a lot of new startups: the city attracts top international, diverse talent, and it is packed with investors, events and accelerators. Also important: it’s a more affordable place to live and work when compared to many other cities in the region. Berlin ranked […]

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Civil rights campaigners in the UK have won a legal challenge to South Wales Police’s (SWP) use of facial recognition technology. The win on appeal is being hailed as a “world-first” victory in the fight against the use of an “oppressive surveillance tool”, as human rights group Liberty puts it. However the police force does […]

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Digital entertainment titan Tencent continues to drum up its music ambitions. On Tuesday, Tencent Music Entertainment, majority-owned by Tencent with a 55.6% stake, announced establishing a new joint label with its licensing partner Universal Music Group to discover, develop and promote Chinese artists domestically and to the world. TME, which spun off from Tencent and […]

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Vitesse, the London-based fintech that offers real-time cross-border payments for businesses, has raised £6.6 million in Series A funding. The round is led by Octopus Ventures, with participation from existing backers including Hoxton Ventures and various angel investors. The company says the new investment will be used for growth, including building out its sales and […]

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As the saying goes, insanity is doing the same thing over and over again and expecting different results. And so we arrive at the news, put out yesterday in the horse latitudes of summer via joint press statement, that the EU’s executive body and the US Department of Commerce have begun talks toward fashioning a […]

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Eggtronic, the Italy-founded startup developing power electronics, wireless charging and data over power technology and products, has closed around $10 million in Series A funding. Backing the company is Rinkelberg Capital — the investment fund from the founders of TomTom — and funds managed by an unnamed investment bank in Milan. It brings the total […]

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Google has rolled out a new Search feature in India that enables influencers, entrepreneurs, freelancers, or anyone else who wants to be easily discovered online create a virtual visiting card in what appears to be the company’s latest attempt to add more LinkedIn -esque functionalities into its search engine. The company said it has rolled […]

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Incomlend, a Singapore-headquartered startup that operates a trading platform to connect exporters and importers with investors, has raised $20 million in a new financing round, it said on Tuesday. Sequoia India, the India and SEA investment arm of the storied U.S. headquartered venture firm, led the Series A round in four-year-old Incomlend. The CMA CGM […]

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The war between two of China’s largest esports companies may soon come to a truce at the will of their investor Tencent. Tencent, the world’s biggest games publisher, announced late Monday a proposal to consolidate Douyu and Huya, the competing livestreaming sites focused on video games. Rather than paying in cash, the deal will see […]

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The public beta of watchOS 7 is here, Amazon may be looking to turn malls into distribution centers and Skillshare raises $66 million. This is your Daily Crunch for August 10, 2020. The big story: Trying on Apple’s watchOS 7 Brian Heater walks us through all the changes coming in watchOS 7. It sounds like […]

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Running a startup accelerator comes with a number of occupational hazards, but “skepticism is the easiest thing to fall into when you’ve seen too many companies,” said Y Combinator President Geoff Ralston, “and it’s the thing you have to avoid the most.” Ralston joined me last week for an hour-long Extra Crunch Live interview where […]

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Shares of Uber and Lyft dipped modestly after a California judge granted a preliminary injunction that TechCrunch reports could force the two American ride-hailing companies to reclassify drivers as employees in the state. Uber’s stock is off about 1.3% following the cessation of normal trading hours after dipping around 2% in regular trading. Lyft’s stock […]

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Reddit is gearing up to run ads for President Donald Trump ahead of the 2020 presidential election despite concerns from employees, TechCrunch has learned. Reddit CEO Steve Huffman addressed some of these employee concerns during an all-hands meeting last week, viewed by TechCrunch. “I know for many of you, [Trump] is simply a symbol of […]

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California Superior Court Judge Ethan Schulman has granted a preliminary injunction forcing Uber and Lyft to reclassify its drivers as employees. This order is set to go into effect in 10 days. “The Court is under no illusion that implementation of its injunction will be costly,” Judge Schulman wrote in the order. “There can be […]

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SpaceX has big plans for its Boca Chica, Texas site – where it’s currently building and testing Starship, the company’s next-generation passenger and cargo spacecraft. A new job posting spotted by CNBC’s Michael Sheetz seeks a “Resort Development Manager” to be based out of Brownsville, the nearest neighboring town to the small Boca Chica area […]

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