The European Union has launched formal infringement proceedings against Meta's Facebook and Instagram, suspecting breaches of election integrity rules under the Digital Services Act. The investigation may result in fines of up to 6% of Meta's global annual turnover.
Source: https://techcrunch.com/
AI | Rating: 49 | 2024-04-30 11:05:07 AM |
Dan Purcell, a tech founder, was devastated when his intimate videos were posted on a porn site without his consent. He founded Ceartas, an AI startup, to prevent similar violations. The company has raised $4.5 million in a Seed round from European VC Earlybird and Upside VC, a fund established by The Sidemen.
Source: https://techcrunch.com/
2024-04-30 09:55:04 AM |
Nigeria's food delivery market is expected to reach $2-3 billion by 2032. Lagos-based Chowdeck, backed by Y Combinator, aims to lead the market with $2.5 million in seed investment. Nigerians spend 60% of their income on food, the highest globally.
Source: https://techcrunch.com/
Business | Rating: 42 | 2024-04-30 08:15:07 AM |
Intuition, a new VC firm based in Paris, will focus on consumer tech exclusively. General partners Hugo Amsellem and Etienne Boutan will lead the fund. This move contrasts with the trend of increased investment in B2B startups.
Source: https://techcrunch.com/
VC | Rating: 59 | 2024-04-30 07:05:04 AM |
Andrena Ventures, a solo GP fund based in the UK, has raised $12 million to invest in pre-seed and seed-stage startups founded by alumni from successful fintech companies in Europe, such as Monzo, N26, and Revolut.
Source: https://techcrunch.com/
Venture Capital | Rating: 42 | 2024-04-30 06:05:10 AM |
French startup Carbonfact has developed a carbon management and reporting tool for the fashion industry, raising $15 million in funding led by Alven and including Headline and Y Combinator. The company focuses on providing a single solution for carbon accounting in the fashion sector.
Source: https://techcrunch.com/
AI | Rating: 42 | 2024-04-30 05:05:07 AM |
A Pew Research Center survey found that 78% of American adults think social media companies have too much influence on politics, with 84% of Republicans and 74% of Democrats agreeing. This sentiment has increased by 6% since the last presidential election year.
Source: https://techcrunch.com/
Politics | Rating: 50 | 2024-04-29 10:35:10 PM |
TechCrunch Space reports on the development of a new space station with a focus on rapid response. Details on the mission profile are scarce, but the project is underway. Contact information is provided for readers to share tips and secure communications.
Source: https://techcrunch.com/
Space | Rating: 42 | 2024-04-29 10:05:05 PM |
Apple is hosting a surprise event on May 7 to unveil new iPad Pro, iPad Air, and Apple Pencil, along with a keyboard case. The event may also introduce the M4 chip, just six months after the M3 chip launch. The event takes place at 7AM PT/10AM ET.
Source: https://techcrunch.com/
2024-04-29 08:25:06 PM |
Techstars CEO Mäelle Gavet has made changes, including hiring and firing, to address a year of financial losses and employee cuts. The company's Stockholm accelerator program was affected, with founders from around the world participating. No specific financial statistics are mentioned.
Source: https://techcrunch.com/
Business | Rating: 42 | 2024-04-29 08:15:06 PM |
