Google fined €2.42BN for EU antitrust violations over shopping searches

 The European Commission has fined Google a record-breaking €2.42 billion for antitrust violations pertaining to its Google’s Shopping search comparison service — in what is widely considered the most significant antitrust ruling in Europe since the 2004 Microsoft decision. Its finding states that: Google has systematically given prominent placement to its own comparison… Read More

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Capnamic closes €115M fund for ‘digital transformation’ of Germany, counts Cisco and Axa as LPs

 Capnamic Ventures, an early-stage venture capital firm based in Berlin and Cologne, is announcing the final closing of a new €115 million tech fund. The VC says it will invest in tech companies predominantly in the German-speaking region of Europe, with a focus on “B2B solutions, digital infrastructure, and digital transformation”. Read More

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Monese, the mobile current account banking app, expands to Europe

 You wait all day for a multi-currency account and three come along at once. Give or take a month or so, that’s appears to be the case with news that Monese, the London fintech that offers a mobile banking app and current account, is adding support for Euro accounts. Read More

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Diffblue, a University of Oxford spin-out, raises $22M Series A to bring AI to software development

 The U.K.’s Oxford University continues to be a hotbed of AI talent, fuelling not just academic research into AI but also the ambitions of startups and large technology companies alike. The latest Oxford-based AI startup to make headlines is Diffblue, a University of Oxford spin-out that is applying Artificial Intelligence (AI) to software development. Read More

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PromoRepublic raises $1.2M for AI which creates social media for small businesses

 As AI slowly seeps into various sectors, it was fairly inevitable that we would start to see the “AI for X” startups begin to appear. Thus “AI for small business social media” is now a thing, in the shape of PromoRepublic, a US/Finnish/Ukrainian startup which has now raised a $1.2M investment round.
More specifically, they bill themselves as a “WIX for a small… Read More

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