European VC Funding Down to $45B in 2024
Startups across the European region are projected to raise $45 billion from VC sources in 2024, a slight drop from the revised $47 billion in 2023.
EU
Revolut to Launch Licensed Stock Trading in UK, EU
Revolut received a trading license from UK financial authorities, allowing it to compete with established trading platforms in the region.
Meta to Offer Less Personalized Ads in Europe
Meta Platforms plans to offer European users of the virtual social media platforms Instagram and Facebook the opportunity to receive less personalized advertising.
Euro-Area Economy Growth Beats Expectations
In the eurozone, economic growth was recorded in the third quarter of the current year, the pace of which exceeded preliminary expectations for the dynamic of the corresponding indicator.
Global Public Debt to Surpass $100T in 2024
The IMF reports that global public debt is projected to exceed $100 trillion by the end of 2024, largely driven by rising fiscal deficits in the United States and China.
HubSpot Integration Enables Mollie to Reform CRM Payments
European PSP Mollie has integrated with the leading customer relationship management platform HubSpot to simplify payment processes within customer relationship management (CRM) systems.
ECB Cuts Rates Again
The European Central Bank on Thursday, October 17, decided to cut interest rates again.
European Investment Bank Seeks to Provide Greater Support to Startups
The European Investment Bank said on Monday, October 7, that the finance ministers of the European Union countries welcomed its Action Plan to deepen regional capital markets and provide more support to startups.
Vodafone and Google Deepen Strategic Partnership to Expand GenAI Services Across Europe and Africa
Vodafone will expand access to Google’s AI-powered Pixel devices with its fast 5G network and offer Google One AI Premium subscription plans, which include Gemini Advanced, in select territories by 2025.
Appeals Centre to Rule Over Social Media Disputes in EU
A new appeals body Appeals Centre Europe has been established to review policy violation complaints related to major social media platforms such as Facebook, TikTok, and YouTube.
Euro-Area Inflation Drops Below 2%
In September, inflation in the eurozone fell below the European Central Bank’s 2% target.
Robinhood Crypto Brings Crypto Transfers to Europe
Crypto transfers were one of the most requested features by Robinhood customers in Europe.
ECB Rate-Cut Bets Jump Amid New Inflation Data
The latest data on the dynamic of the inflationary process in Spain and France have become the driving force behind the intensification of the spread of expectations among investors and economists that the European Central Bank will accelerate the implementation of measures to ease its monetary policy strategy.
EU Court Confirms Qualcomm’s Fine
The European second-top court on Wednesday, September 18, basically confirmed the EU antitrust fine against the US chip manufacturer Qualcomm.
Meta Resumes AI Training in UK
After a lengthy pause caused by regulatory hurdles, Meta will begin training its AI models using public content shared by adult UK citizens on Facebook and Instagram.
ECB Cuts Interest Rates Again
On Thursday, September 12, the European Central Bank (ECB) decided to cut interest rates again.
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