Munich-based Reverion Raises $62 Mn Series A Round Led by Energy Impact Partners
Munich, Germany-based Reverion, that builds reversible, carbon-negative power plants, has raised $62 million in a Series A funding round led by Energy Impact Partners.
Europe
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Google Fails to Overturn €2.42 Bn EU Fine in Shopping Antitrust Dispute
Google's appeal against the European Commission's 2017 antitrust ruling has been rejected. €2.42 billion penalty imposed by the Commission was confirmed.
Atomico, VC Firm of Skype’s Niklas Zennström, Secures $1.24 Bn for European Tech Investments
Atomico, a London-based global investment firm, on Monday, launched two new funds - amid declining valuations and widespread layoffs in the European tech sector.
EU Top Court Orders Apple to Pay €13 Bn in Back Taxes
The European Union's highest court has dealt a significant blow to Apple, ending the tech giant's decade-long legal fight over its Irish tax arrangements.
Remedy Entertainment partners with Annapurna Pictures for Film and TV Adaptations of Alan Wake and Control
Remedy Entertainment has joined forces with Annapurna Pictures to produce and develop TV and film adaptations of Alan Wake and Control video games.
Live Blog: Telegram CEO’s Arrest in Paris: Latest Updates, Mysteries, Rumors, and Everything in Between
Pavel Durov, the Co-founder & CEO of Telegram was arrested in Paris on Saturday over "allegedly allowing a wide range of crimes due to a lack of moderators on Telegram...
Zara Apologizes, Removes Children’s T-Shirts with ‘Sexually Suggestive’ Text
Zara has found itself at the center of a heated debate after releasing a children's t-shirt collection with captions that sparked widespread criticism.
Elon Musk’s Ongoing Islamophobic Stance Sparks a Series of Controversies
World’s richest man Elon Musk is facing a big-time dispute for sharing a meme on social media platform X that has been deemed Islamophobic. The post, uploaded on August 10 features an image of four men with beards and attire…
Disagreements with Irish Data Protection Commission force Meta to postpone the launch of Meta AI in EU
The Irish Data Protection Commission (DPC) has recently asked Meta to postpone training its AI on user data from the European Union.
Scottish woman sues Netflix for $170 Mn over defamation in the hit show ‘Baby Reindeer’
The Scottish woman named Fiona Harvey claims that the character of Martha played by Jessica Gunning in Baby Reindeer is based on her.
Berlin’s Payrails empowers California’s ride-hailing app inDrive to enhance Dynamic Transaction Routing and Localization
The collaboration aims to enhance local payment experiences for drivers and customers, boosting conversion rates while reducing costs.
Remedy Entertainment cancels its joint gaming project with Tencent
Remedy Entertainment, the Finland-based developer, has reportedly canceled its joint-gaming project 'Codename Kestrel' with China-based Tencent Games.