Category News

FILE PHOTO: An illustration picture shows the log-on screen for the Website Facebook on an Ipad, in Bordeaux, Southwestern France on January 30, 2013.  REUTERS/Regis Duvignau/File Phot

EU fines Facebook 110 million euros over WhatsApp deal

EU fines Facebook 110 million euros over WhatsApp deal

European Union antitrust regulators fined Facebook 110 million euros ($122 million) on Thursday for giving misleading information during a vetting of its deal to acquire messaging service WhatsApp in 2014.

Calling it a “proportionate and deterrent fine”, the European Commission, which acts as the EU’s competition watchdog, said Facebook had said it could not automatically match user accounts on its namesake platform and WhatsApp but two years later launched a service that did exactly that.

“The Commission has found that, contrary to Facebook’s statements in the 2014 merger review process, the technical possibility of automatically matching Facebook and WhatsApp users’ identities already existed in 2014, and that Facebook staff were awa...

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REAL ESTATE INNOVATION NETWORK

REAL ESTATE INNOVATION NETWORK

RE!N STARTUP CONTEST

BOOST YOUR STARTUP AT EXPO REAL 2017

HOW TO APPLY

  1. Register with your email address and a password.
  2. Create a startup profile by responding some questions to your startup, the business idea and the founders.
  3. Upload your company logo and optionally complementary documents (pitch deck, business plan etc.) to complete your startup profile.
  4. The completed startup profile will be rated by our jury.
  5. The best 50 Startups get an invitation for the Pre-Pitch event. There the 25 winners will be chosen, that will commit with the RE!N Startup Forum at the EXPO REAL 2017.

APPLY NOW

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8 Ways Technology Is Improving Your Health

8 Ways Technology Is Improving Your Health

We hear all the time about how technology is bad for us. Since the introduction of computers, we spend more time sitting at a desk than moving around at work. We have created this sedentary lifestyle that is causing havoc in our overall life.

What if I were to tell you that technology has produced benefits? Would you believe me if I said that technology is good for your health?

Most of you wouldn’t look at first. Well, you may be able to think of a couple of ways that the computer has helped, but you are still stuck on all the negatives that ‘experts’ have shared in the past. The problem with the ‘experts’ is that they are only focused on the negatives. They haven’t looked at so many of the benefits.

So, that’s what we’ll do today...

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New cassette player aims to resurge tape culture

New cassette player aims to resurge tape culture

Lithuanian concept Elbow hopes to get users back in love with tapes with a novel and stylish device that plays cassettes without any housing.

Vinyl is a medium that’s always had a fan base regardless of the emergence of CDs and digital music. A combination of nostalgic romance and modern concepts like the smart turnable (which digitises the medium via Spotify streaming and internet sharing) and a service turning MP3s into wax show just how much the medium is cherished. But the trusty old tape has been less fortunate and banished to the attic for most. Elbow is hoping to change that.

Designed by Lithuanian audiovisual design outfit BrainMonk, Elbow’s incredibly minimal design eradicates all the housing of traditional players and clips ov...

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European Data Market

Final results of the European Data Market study measuring the size and trends of the EU data economy

The study presents the findings of the monitoring tool on data workers, the value of the data market, the number of data user enterprises, the number of data companies and their revenues, and the overall value of the impact of the data economy on EU GDP. The findings will feed into further developing the Digital Single Market in the EU as data is a catalyst for economic growth, innovation and digitisation across all economic sectors, particularly for SMEs and start-ups.

Today the European Commission published the final results of the European Data Market study. The study presents the findings of the monitoring tool on data workers, companies, users and markets among others...

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Finance app encourages couples to talk about money and wealth

Finance app encourages couples to talk about money and wealth

Honeyfi is a new service that aims to help couples budget and communicate well about money.

How much to share with a spouse or partner is a perennial relationship issue. Whether to have a joint account? How to align spending behaviors and savings goals? These issues are rich seams of potential strife between couples. Could a new finance app solve this problem and save relationships?

Instead of a joint account, Honeyfi enables the pooling of financial information from different bank accounts and credit cards.
Honeyfi also provides total transparency and budgeting tools for joint management of funds...

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Japanese robot teaches toddlers about coding

Japanese robot teaches toddlers about coding

The Kumiita droid trains youngsters in logic and problem solving by navigating panels which represent different programming commands.

This is part of a series of articles that looks at entrepreneurs hoping to get their ideas off the ground through crowdfunding. At the time of writing, each of these innovations is currently seeking funding.

Japanese Icon Corp is currently crowdfunding for a new concept that’s designed to get kids understanding the thinking patterns of programming from a very young age. So young, in fact, that before they can even speak. Welcome to Kumiita, a little robot that looks like a salt and pepper shaker.

The child can arrange the control panels how they like, then put Kumiita on the start panel to begin its journey...

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Europe’s Surprising Tech Success

Europe’s Surprising Tech Success

BRUSSELS – Europe is often viewed as a digital laggard, running far behind the frontier-pushing United States and Asia. But appearances are deceiving. In fact, according to a new report by the London venture capital firm Atomico, European startups are now taking the lead in artificial intelligence, building new tech hubs, and drawing investment from traditional industrial stalwarts. Last year, a record-setting $13.6 billion was invested in Europe’s tech sector, compared with $2.8 billion in 2011.

Gone are the days when Europe’s “tech” sector largely comprised consumer-oriented e-commerce businesses – often blatant knockoffs of successful US companies...

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Microsoft to shut down Wunderlist in favor of its new app, To-Do

Microsoft to shut down Wunderlist in favor of its new app, To-Do

Microsoft acquired the popular mobile to do list application Wunderlist back in 2015, and now it’s preparing users for its eventual demise with the release of its new application “To-Do,” announced today. The new app was built by the team behind Wunderlist, and will bring in the favorite elements of that app in the months ahead, Microsoft says. The company also added that it won’t shut down Wunderlist until it’s confident that it has “incorporated the best of Wunderlist into To-Do.”

In case you’re hoping Wunderlist will get some sort of reprieve, Microsoft makes its forthcoming demise pretty clear. Stating its plans in black-and-white: “we will retire Wunderlist,” it says in a blog post.  

In the meantim...

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$9 billion startup Stripe

$9 billion startup Stripe is automating the complicated process of starting a company

When Stripe Atlas launched a year ago, it wanted to level the playing field for entrepreneurs in emerging markets so that they could have access to the same tools as people in Silicon Valley.

Now the $9 billion payments company has realized that Atlas is something entrepreneurs throughout the United States want too.

Atlas automates the complicated process of starting a company into a filling out a short web form. Atlas then takes care of incorporating a company in Delaware, setting up a US bank account with a tax ID number, and creating a Stripe account so they can accept payments.

“We wanted to see if we could help entrepreneurs in emerging markets to be on the same playing field as Silicon Valley star...

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