Italian Investors Insight into the Budding Startup Scene

Mauro Del Rio founded Buongiorno which sold to NTT DoCoMo for $300 million cash in 2012 and he’s still responsible for one of the most successful Italian exits ever. Fausto Boni, a world traveler to say the least, is a partner at 360 Ventures after having founded his own venture firm in 1997. Massimiliano Magrini, […]

Qualcomm to appeal $1.23B fine from EU over LTE chip dominance in the iPhone

Qualcomm’s longstanding dominance in LTE chipsets for smartphones, and specifically with Apple’s iPhone, is getting a major hit today. The European Commission today announced that it would be fining the company €997 million, or $1.23 billion, for abusing its market position between 2011 and 2016, related to its relationship with Apple. The figure works out […]

French Startup Accelerator Le Camping Now Taking Only 3% Equity

Romain Dillet sits down at Le Camping in Paris with their manager Elise Nebout. She announces the accelerator will begin taking a 3% equity stake which is less than their American counterparts. Subscribe to TechCrunch today:

UK’s Carphone Warehouse fined nearly $540k for 2015 hack

The UK’s data watchdog has handed mobile phone retailer Carphone Warehouse a £400,000 fine — just shy of the £500k maximum the regulator can currently issue — for security failings attached to a 2015 hack that compromised the personal data of some three million customers and 1,000 employees. Compromised customer data included: Names, addresses, phone numbers, dates of […]

France probes Apple over iPhone planned obsolescence complaint

French authorities are investigating whether Apple deliberately slows down older iPhones in order to increase sales, AFP reports. The move follows a complaint by a French consumer group, HOP, that campaigns against planned obsolescence and which filed a complaint against Apple in December. Programmed obsolescence is illegal in France under a 2015 law which prohibits […]

Sources: Apple is acquiring music recognition app Shazam

As Spotify continues to inch towards a public listing, Apple is making a move of its own to step up its game in music services. Sources tell us that the company is close to acquiring Shazam, the popular app that lets people identify any song, TV show, film or advert in seconds, by listening to […]

Onefootball has quietly raised a Series C round and added Adidas as an investor

Onefootball founder and CEO Lucas Von Cranach, whose popular football app now has 25 million fans in 200 countries around the world, confirmed on stage today at TechCrunch Disrupt Berlin 2017 that his company has raised more funding — including both an unreported Series B and C round. This would bring the startup’s total raise […]

Revolut now has a million customers for its banking alternative

Fintech startup Revolut has reached a big milestone. The company now has over a million customers across Europe two years and a half after launch. The company says that customers have saved $160 million in foreign exchange fees compared to a traditional bank account (£120 million). The startup tries to match the interbank rates as […]

Apple has reportedly relocated its international tax residency to Jersey

Last year, the European Union ordered Apple to pay up to $14.5 billion for illegal tax benefits in Ireland. The company has learned an important lesson after this setback, as the International Consortium of Investigative Journalists revealed in the Paradise Papers. Apple has relocated its tax residency to the tiny island of Jersey back in […]

Huawei to launch its app store and video service in this region

Huawei the famous Chinese tech giant has announced that it will expand its digital marketplace, the Huawei AppStore, to Europe starting early next year. The company says it made deals with 15 app and game developers. The company has also made strategic partnerships with two content providers for its video streaming service. The Huawei AppStore […]