The U.K.’s Competition and Markets Authority (CMA) is launching a formal probe into the proposed merger between Vodafone and Three UK. The news hardly comes as a surprise, given that the £15 billion ($19 billion) joint venture would reduce the U.K.’s main infrastructure-owning mobile networks from four to three (the other two being EE and […]
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Kost aims to “be the best co-investor in Europe” and work with food tech and generalist investors looking for a firm with scale-up expertise and food-specialized abilities.
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Krutrim, an AI startup founded by Ola founder Bhavish Aggarwal, said it has raised a funding round that values it at $1 billion. The startup, founded last year, is the fastest to become a unicorn in India, it claimed in a press statement. It’s also the first Indian AI startup to become a unicorn, it […]
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The company said the layoffs are part of a “reorganization of our corporate team to improve efficiencies and accelerate our path to profitability.”
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Allianz Direct, a digital-first German subsidiary of the insurance giant, has acquired the French home insurance business of ailing insurtech Luko for €4.3 million (around $4.65 million).
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Four years after leaving iOS, Fortnite is coming back — but only European players will be dropping in this time. The endless beef between Epic Games and Apple over the company’s App Store fees took its most recent surprise turn on Thursday when the iPhone maker announced changes coming to iOS in the EU. In […]
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OpenAI has been criticized for the lack of diversity on its board.
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