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Monthly Archives: November 2024
EU ends Amazon state aid case with no back taxes in its basket
Amazon can finally close the book on a long-running state aid saga in the European Union. The Commission confirmed Thursday it’s shuttered an investigation into whether Luxembourg, the Member State where Amazon has its EU HQ, had granted it “selective … Continue reading
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From pond scum to premium skincare? Deep Blue Biotech is all in on blue-green algae to make better chemicals
Decarbonizing our economies in the race to fight climate change demands a wholesale overhauling of all sorts of production processes to make them as sustainable as possible. Greening chemicals, which are used as ingredients in all sorts of products, is … Continue reading
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‘It’s so easy to lie’: A fifth of children use fake age on social media
The regulator finds a fifth of children are pretending to be adults, potentially exposing them to harm.
Mark Zuckerberg dines with Donald Trump at Mar-a-Lago
Relations appear to have improved markedly from Trump’s threat earlier this year to throw the Meta boss in jail.
Financial inclusion drives African fintech M-KOPA to $400M in ARR
An African fintech that has grown on the strength of a 30,000-strong team of direct salespeople is moving into profit country by sub-Saharan country. Now, M-KOPA, the pay-as-you-go asset financing platform serving 5 million underbanked Africans, is racing toward a … Continue reading
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Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs
ASML and Tokyo Electron shares rose after a report that the U.S. is considering sanctions on China’s chip industry that stop short of earlier proposals.
Uber questioned by US regulator over subscription plan
The ride-hailing giant says it received inquiries from the FTC about Uber One cancellation procedures.
Google Chat now has its own take on Slack’s Huddles
Google Chat is rolling out instant voice meetings — similar to Slack’s Huddles — that let you quickly switch to a voice or video call from within a chat. Google is not giving the feature a new name, though, opting … Continue reading
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HongShan, spun out of Sequoia last year, is reportedly struggling to invest its huge war chest
According to the Financial Times, HongShan, the Chinese investment firm spun off from Sequoia Capital in 2023, is aggressively expanding into Europe and North Asia owing both to “shrinking options” in China and to limited partners that have grown frustrated … Continue reading
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India, already an IPO bright spot, prepares for bigger surge in 2025
India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for tech listings while other major markets face continued headwinds. The world’s most populous nation is now preparing for an even … Continue reading
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