News

Meet Fairmat, a new French startup that wants to improve the recycling process for sophisticated composite materials. The company wants to produce new kinds of materials from material waste and sell them to industrial companies. Fairmat just raised a $10 million funding round (€8.6 million) led by Singular. Various business angels also participated in the […]

Monetization for the creator economy continues to be a huge issue and opportunity, but creators mostly have to lock themselves into platforms like Patreon to realize their value. A better method would be to have a membership system for creators which sat across several platforms. Now, GMG Ventures (parent company of The Guardian newspaper) has […]

September 28, 2021 By Sergiy Karazy KYIV (Reuters) – Newly crowned world heavyweight boxing champion Oleksandr Usyk expects a rematch against Anthony Joshua in February or March and has his sights on a title unification bout, his team said on Tuesday. The Ukrainian defeated Joshua in a boxing masterclass at the Tottenham Hotspur Stadium in […]

September 28, 2021 LONDON (Reuters) – Amazon has started recruiting for 20,000 seasonal positions across the United Kingdom to cover the festive period, it said on Tuesday. The group, which has 55,000 permanent UK employees, said the temporary jobs would be in its network of fulfilment centres, sort centres and delivery stations. (Reporting by James […]

September 28, 2021 By Mimosa Spencer PARIS (Reuters) -Christian Dior showcased a burst of colorful 1960s- and 1970s-flavored mini dresses as crowds returned to its hometown show at the Paris fashion week. Guests showing health passes on their mobile phones had their temperatures checked and were waved in by guards at the marquee sited in […]

September 28, 2021 BERLIN (Reuters) – Demand for transatlantic flights has jumped since the United States announced plans last week to reopen to fully vaccinated travellers from countries including most of Europe, German airline Lufthansa said on Tuesday. On some days last week, bookings for transatlantic flights were up threefold from the week before, with […]

September 28, 2021 (Reuters) -Mastercard Inc on Tuesday launched a buy now, pay later service, tapping into a market that is threatening to chip away at the dominance of credit cards as a main source of payments. The buy now, pay later sector got a boost during the COVID-19 pandemic as cash-strapped shoppers were attracted […]

September 28, 2021 (Reuters) – Federal Reserve Chair Jerome Powell said on Tuesday the U.S. economy is still far from achieving maximum employment, a key component of the central bank’s requirements for raising interest rates. “What I said last week was that we had all but met the test for tapering,” said Powell, testifying before […]

September 28, 2021 By Nadeen Ebrahim MANSOURA, Egypt (Reuters) -A jailed Egyptian human rights researcher told supporters on Tuesday not to worry, as he was driven away from a courtroom where he is standing trial in a “fake news” case that has resonated in Italy where he was based. Patrick Zaki, 30, a graduate student […]

September 28, 2021 (Reuters) – Federal Reserve Chair Jerome Powell on Tuesday said he would welcome the appointment of a Black woman to the Federal Reserve Board of Governors for the first time. “I would strongly agree” that a wider range of “voices” on the Fed board would enhance the central bank’s mission, Powell said […]

September 28, 2021 (Reuters) – Facebook Inc said Tuesday it will ask its independent Oversight Board for recommendations on how to improve its cross-check system, an internal program the social media company says is used to double check enforcement actions against certain users. Earlier this month, the Wall Street Journal reported https://ift.tt/3lmJ9XQ millions of Facebook […]

September 28, 2021 WASHINGTON (Reuters) – The top U.S. securities regulator on Tuesday named Dan Berkovitz, a Commissioner at the Commodity Futures Trading Commission (CFTC), to begin the role of general counsel from November 1. The statement by the Securities and Exchange Commission (SEC) said John Coates will leave that post in October to return […]

September 28, 2021 WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer said he will ask later Tuesday for unanimous consent for the chamber to hold a vote to increase the nation’s debt limit on a majority vote, which would skip the procedural step that normally requires a supermajority for legislation to advance. (Reporting by […]

September 28, 2021 By Joseph Ax and James Oliphant WASHINGTON (Reuters) – Almost a year after President Joe Biden trounced Donald Trump in Virginia, the state’s unexpectedly tight race for governor has alarmed Democrats and left Republicans hopeful they can win back crucial suburban voters who left the party during Trump’s tumultuous presidency. With early […]

Genomic data is considered to be the key to unlocking so-called ‘precision medicine’. Some estimates suggest that by 2025, 500 million human genomes will have been sequenced, but only a fraction of it is being utilized for drug discovery and precision medicine. One of the key startups to emerge in the space is Lifebit, which […]

Somehow the third quarter of 2021 is coming to a close. Instead of a period filled with family and friends and fun, in many parts of the world, the COVID era dragged on, leaving us largely working from home and executing more phone calls than impromptu brunches. Alas. But in the last handful of quarters, […]

A coalition of digital marketing firms and others has taken its lobbying against Google’s plan to phase out tracking cookies — by replacing them with alternative technologies which the tech giant claims will protect user privacy — to the European Union, lodging a formal complaint with the bloc’s antitrust regulators. The self-styled ‘Movement for an […]

Netflix is expanding its mobile gaming push with the launch of three more gaming titles which will become exclusively available to Netflix members in select European markets. The company today is introducing a trio of casual games — “Shooting Hoops,” “Teeter Up,” and “Card Blast” — to Netflix members in Spain and Italy, as well […]

Heartcore Capital, one of the few VCs to focus on consumer technology, has raised a $200 million early-stage fund for those kinds of startups across Europe. Heartcore IV, the firm’s flagship investment vehicle, will be supported by Heartcore Progression Beta, a $50 million ‘opportunity fund’ for follow on rounds in consumer tech. The firm said […]

Fintech startups have thrown a curve ball into the world of financial services, by building more flexible, cheaper and user-friendly tools to businesses and consumers, who in turn are walking away from older incumbents and taking their custom to newer providers. In the latest development, a startup called Highnote is launching with ambitions to make […]