The digital euro is edging closer to reality, despite concerns over the project’s privacy risks and functionality. The European Commission on Wednesday proposed a legal framework for the electronic currency. Under the draft legislation, digital euros would be accepted for transactions anywhere in the eurozone, […]
Fintech and ecommerce
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Netflix minus 1M users in Spain over no-password-sharing policy
Netflix’s password sharing crackdown has cost it one million users in Spain during the first quarter of 2023, a new study by market research group Kantar has found. This translates to an approximately 15% decrease of its total users. The streaming platform introduced the new […]
“Closed for business:” UK competition watchdog blocks Microsoft’s acquisition of Activision
The UK’s competition regulator has blocked Microsoft’s $68.7bn acquisition of Activision Blizzard, the maker of world-renowned games including Call of Duty and World of Warcraft. The Competition and Markets Authority (CMA) said it’s concerned that the deal would tamper with the future of the rapidly-growing […]
Getir eyes Flink takeover as Europe’s rapid grocery delivery sector consolidates
The COVID-19 pandemic was a veritable gold rush for food delivery startups — as the world shut down, people ordered in. These companies promised rapid delivery of groceries from local stores using bikes and scooters, and as demand skyrocketed, investors poured cash into the booming […]
How an outsider’s freedom can make a successful startup founder
Building a startup in a sector you’ve never worked in might seem a risky move, but it can actually provide a competitive advantage. That’s certainly proven true for Vivino. Founded in 2010 in Copenhagen, the scaleup has raised $221 million in funding, and become the […]