Automation Innovation

The record-breaking heatwave that struck France and other European nations in June was made at least five – and possibly 100 – times more likely by the climate crisis, scientists have calculated. Such heatwaves are also about 4C hotter than a century ago, the researchers said. Furthermore, the heatwaves hitting...

Kabbage, the AI-based small business loans platform backed by Softbank and others, is adding more firepower to its lending machine: the Atlanta-based startup has secured an additional $200 million in the form of a revolving credit facility from an unnamed subsidiary of a large life insurance company, managed and administered...

by Sophie Goossens and Roch Glowacki LONDON – Recent technological blunders involving biased algorithms, chaos-inflicting drones, self-driving car fatalities, uncontrolled spread of fake news and terrorist content online, and a series of privacy breaches have forced many to re-think our relationship with technology. Europe’s latest efforts to...

Currencycloud, the provider of an API and service for cross-boarder payments that is used by a host of fintechs and larger companies, including most recently Visa, has closed the first part of closing in on Series E funding. According to sources, the over 10 year old London headquartered company announced internally...

Sweet Escape, a startup founded in Indonesia that helps connect photographers with customers, is all smiles today after it announced a $6 million Series A round. The company — which was profiled by TechCrunch last year — said that the investment was led by Singapore-based funds Openspace Ventures and Jungle Ventures...

Disrupt Berlin 2019, which takes place on 11-12 December, attracts an international community more than 3,000 people from over 50 countries. This two-day, program-packed event, focused on early-stage startups across Europe and beyond, represents an ocean of opportunity. We want to make that ocean available and affordable to as many people as...

The price of bitcoin has fallen back below $10,000, down 30% from last week’s peak of nearly $14,000. Continuing its wild ride, the digital currency dropped to $9,717 on Tuesday, down 8.1% on the day. Last Wednesday the cryptocurrency shot up to $13,879, breaking through the $12,000 and $13,000 levels in...

Equinix, one of the world’s largest data center companies, announced that it will form a $1 billion joint venture with GIC, Singapore’s sovereign wealth fund. The partnership will focus on building xScale data centers in Europe. Instead of targeting the wholesale market, Equinix is developing xScale data centers to handle...

Days after announcing the launch of her new shapewear line, Kim Kardashian West said that she will be changing the name of the Kimono brand. Kardashian West faced a storm of criticism over the name of the brand, with critics complaining her choice of “kimono” disrespected Japanese culture and disregarded the...

Even as much of the world is digitizing its governance, in small towns and villages of India, data about its citizens is still being largely logged on long and thick notebooks. Have they received the subsidized cooking gas cylinders? How frequent are the power cuts in the village? If these...