Fintech and ecommerce

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Digital euro framework seeks to quell privacy concerns

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, […]

“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 […]