Others

LumApps, the French ‘intranet superapp,’ sells majority stake to Bridgepoint in a $650M deal

May 28, 2024

Big news today for LumApps, the French startup that has described itself as an “intranet superapp” with a platform for building and provisioning internal communications and apps for workforces. The company — which is used by some 5 million people across 700 organizations — announced that Bridgepoint, the private equity investment firm, is taking a […]

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More neobanks are becoming mobile networks — and Nubank wants a piece of the action

May 28, 2024

Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for travelers. The service will give customers access to 10GB of free roaming internet in more than 40 countries without having to switch out their own existing physical SIM card or […]

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Adani to battle Reliance, Walmart in India’s e-commerce, payments race, report says

May 28, 2024

India’s Adani Group is in discussions to venture into e-commerce and digital payments, according to a report, as the conglomerate seeks to diversify its portfolio and compete with Mukesh Ambani’s Reliance, Amazon and Walmart’s Flipkart and PhonePe. The energy-to-infrastructure giant Adani Group is considering applying for a license to operate on India’s Unified Payments Interface, […]

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EU’s ChatGPT taskforce offers first look at detangling the AI chatbot’s privacy compliance

May 27, 2024

A data protection taskforce that’s spent over a year considering how the European Union’s data protection rulebook applies to OpenAI’s viral chatbot, ChatGPT, reported preliminary conclusions Friday. The top-line takeaway is that the working group of privacy enforcers remains undecided on crux legal issues, such as the lawfulness and fairness of OpenAI’s processing. The issue […]

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