Tag: Technology

Ireland’s Data Protection Commission (DPC) has yet another ‘Big Tech’ GDPR probe to add to its pile: The regulator said yesterday it has opened two investigations into video sharing platform TikTok. The first covers how TikTok handles children’s data, and whether it complies with Europe’s General Data Protection Regulation. The DPC also said it will examine…

The Korea Fair Trade Commission (KFTC) said on Tuesday it fined Google $177 million for abusing its market dominance in the Android operating system (OS) market. The U.S. tech company has restricted market competition by prohibiting local smartphone makers like Samsung Electronics and LG Electronics from customizing their Android OS, through Google’s anti-fragmentation agreements (AFA),…

Helsinki-based VC Maki.vc is poised to reach the final close of its second fund at €100 million, with the aim to invest in seed-stage startups across Europe. The first investments from the new fund include UK-based Baseimmune (antigen discovery and vaccine design), Volare (Foodtech), and PixieRay (adaptive eyeglasses). Maki.vc’s initial ticket sizes range from €250,000…

Amazon (AMZN) – Get Amazon.com, Inc. Report continues to provide opportunities for full-time and part-time jobs in logistics as it expands its footprint to better serve customers in communities where they live. Today, the company announced that it is providing an additional 125,000 local employment opportunities throughout the U.S., on top of the 40,000 corporate…

More startup swapping in the food delivery space: Spain’s Glovo, an on-demand delivery platform which operates a network of dark stores focused on urban convenience shopping, is pushing deeper into planned grocery shopping — announcing the acquisition of two regional ‘Instacart-style’ grocery picking and delivery startups, Madrid-based Lola Market and Portugal’s Mercadão. Terms of the…

AgBiome, developing products from microbial communities, brought in a $116 million Series D round as the company prepares to pad its pipeline with new products. The company, based in Research Triangle Park, N.C., was co-founded in 2012 by a group including co-CEOs Scott Uknes and Eric Ward, who have known each other for over 30…

If Gutenberg were alive today, he’d be a very busy angel investor. With book sales booming during the COVID-19 lockdowns last year, the humble written word has suddenly drawn the limelight from VCs and founders. We’ve seen a whole cavalcade of new products and fundings, including algorithmic recommendation engine BingeBooks, book club startups like Literati…

Olympus said in a brief statement Sunday that it is “currently investigating a potential cybersecurity incident” affecting its European, Middle East and Africa computer network. “Upon detection of suspicious activity, we immediately mobilized a specialized response team including forensics experts, and we are currently working with the highest priority to resolve this issue. As part…

BOSTON, Sept 13, 2021 /PRNewswire/ — Andes Wealth Technologies, an innovative wealth technology company, announced today that it has won the WealthManagement.com 2021 Industry Award in the Risk Tolerance/Client Profiling category. Combining behavioral finance with Risk Tolerance Test, Andes platform takes the risk conversation to a whole new level. Combining behavioral finance with its intuitive Risk…

HOUSTON and SINGAPORE, Sept. 13, 2021 /PRNewswire/ — Hummingbird Bioscience, an innovative clinical-stage biotech company focused on developing precision therapies against hard-to-drug targets, today announced that the U.S. Food and Drug Administration (FDA) has approved the initiation of a Phase 1 clinical trial of HMBD-002, Hummingbird’s anti-VISTA neutralizing antibody. HMBD-002 is being developed for the…