EMEA

As British Regulators Scrutinize Microsoft and Amazon AI Deals, Industry Braces for Impact
As British Regulators Scrutinize Microsoft and Amazon AI Deals, Industry Braces for Impact
April 24, 2024  |  artificial intelligence

British antitrust authorities are soliciting opinions on the implications of partnerships between tech giants Microsoft and Amazon and smaller generative artificial intelligence (AI) model developers amid growing...

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Brite Expands Instant A2A Payments, Payouts Solutions to Germany
Brite Expands Instant A2A Payments, Payouts Solutions to Germany
April 24, 2024  |  Faster Payments

Brite Payments now enables instant account-to-account (A2A) payments and payouts in Germany. The Swedish FinTech already offers these Brite Instant Payments in the Nordics, Baltics...

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Spotify Dubs 2024 ‘Year of Monetization’ as Subscribers Surge 14% in Q1
Spotify Dubs 2024 ‘Year of Monetization’ as Subscribers Surge 14% in Q1
April 23, 2024  |  Earnings

Spotify is tuned in to upbeat earnings outcomes, marking a robust beginning to its designated “year of monetization” after a standout performance in 2023 characterized...

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Google Aims to Move Faster to Meet ‘Systemic’ Challenges
Google Aims to Move Faster to Meet ‘Systemic’ Challenges
April 23, 2024  |  Google

Google aims to move faster and get closer to its customers as it meets “systemic” challenges. Prabhakar Raghavan, senior vice president at Google responsible for...

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German Agency Criticizes EY’s Audits of Wirecard
German Agency Criticizes EY’s Audits of Wirecard
April 19, 2024  |  Security & Fraud

A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations...

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Report: Getir Faces Investor Pressure to Cut Costs and Restructure
Report: Getir Faces Investor Pressure to Cut Costs and Restructure
April 18, 2024  |  Delivery

Getir, the Turkish grocery delivery company that soared in value during the pandemic, is reportedly grappling with the need to cut costs and restructure as...

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Report: Flink Raising Money from Investors, Discussing Merger With Rivals
Report: Flink Raising Money from Investors, Discussing Merger With Rivals
April 17, 2024  |  Investments

German grocery delivery startup Flink is reportedly receiving another 100 million euros ($106.7 million) from investors to extend its runway and try to outlast its competitors....

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Grubhub’s Campus Business Grows as Order Volumes Fall
Grubhub’s Campus Business Grows as Order Volumes Fall
April 17, 2024  |  Earnings

College students aside, fewer Americans are ordering their meals from Grubhub. The food delivery platform’s parent company, Dutch firm Just Eat Takeaway, reported earnings Wednesday (April 17)...

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PayPal Leads $19 Million Series A for B2B Card Platform Pliant
PayPal Leads $19 Million Series A for B2B Card Platform Pliant
April 17, 2024  |  Investments

B2B credit card platform Pliant is planning to expand after raising $19 million. The funding round, announced Wednesday (April 17) was led by PayPal Ventures and brings the Berlin-based Pliant’s...

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