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Still, Atomico said this shows that European tech funding levels have finally "stabilized" despite worsening global macroeconomic conditions leading to three consecutive years of declines. In the period spanning 2015 to 2024, European startups have bagged $426 billion, dwarfing the sum of investment deployed into tech firms the decade prior. Europe's first $1 trillion tech firm? Atomico said it's optimistic about the next decade in European tech. The VC firm, which was established by Skype co-founder Niklas Zennström, is predicting the entire European tech ecosystem combined could be valued at $8 trillion by 2034, up from around $3 trillion currently.
Persons: Reeves, Oli Scarff, Atomico, Tom Wehmeier, Wehmeier, Europe's, Rachel Reeves, techUK, Niklas Zennström Organizations: Startup Coalition, Getty Images Venture, European Tech, CNBC, VC, Skype, Spotify, Google, Apple, Facebook, Meta, Microsoft, Nvidia, Tesla Locations: British, State, Europe, U.S, China, Atomico, United States
“But Bobbi didn’t.”At the end of the 10-day cruise, Tam disembarked thinking how Bobbi was very different from their ex-husband. Tam & Bobbi WatermanAlmost 1,000 miles apart, Tam and Bobbi stayed in touch via instant messages and social media updates. Tam & Bobbi WatermanAs Bobbi started living authentically in 2023, she and Tam also started preparing for the trip of a lifetime. So when they learned about Royal Caribbean’s Ultimate World Cruise, a nine-month long world cruise setting sail in December 2023, the couple jumped at the chance. “That was the hardest thing on the world cruise, because my passport was my old name and my old gender.
Persons: Bobbi Waterman, Bobbi, Bobbi didn’t, didn’t, Tam Asbury, Tam, ” Bobbi, , ” Tam, “ I’d, , they’d, , I’d, Tam couldn’t, Bobbi hadn’t, ’ ”, “ Bobbi, Tam didn’t, We’ve, They’ve, who’d, “ Tam, ’ Tam, , she’d, Tam’s, Bobbi’s, ” Tam’s, Tam Waterman, Bobby, ‘ You’re, ’ I’d, Bobbi Waterman Bobbi, NASA —, ’ ” Bobbi, She’d, “ I’ve, stepgranddaughters, she’s, You’ve, Bobbi Waterman “, you’ve, nothing’s, Tam marveled, ” They’re, there’s, ” “ Organizations: CNN, CNN Travel, NASA, , Skype, Amsterdam’s, Royal, Melbourne Airport, New Zealand, eBay, YouTube, Mount Fuji Locations: Fiji, American, Florida, Australia, Pacific, Melbourne, , Amsterdam, Netherlands, Budapest, Hungary, Paris, Europe, London, Northern, Bobbi, Sydney, Perth, New, Connecticut, Alaska, Bobbi’s, Boulder , Colorado, Hawaii, America, Tam of Florida, Bobbi’s Florida, Mexico, Tam, Japan, Antarctica, Brisbane, Hong Kong, Vietnam, Grenada, Spain, Portugal
Daze, a messaging app aimed at middle and high schoolers, has 187,000 people on its waitlist. Daze CEO Willem Simons told BI that middle and high schoolers are increasingly looking to interact creatively. AdvertisementAn upcoming messaging app for Gen Z looks a lot different than your typical iPhone or WhatsApp conversation. Simons told BI that the app is aimed at middle schoolers and high schoolers. The 27-year-old, who has cofounded other startups, including the messaging app Muze, said he grew up in a somewhat rural environment and couldn't always be in person with friends.
Persons: Willem Simons, , It's, Simons, it's Organizations: Service, Facebook, Business, Apple Locations: Emarketer
Victims’ rights advocates point out that women who come forward with allegations of sexual assault are often not believed. They took frequent walks around agency grounds, and Bayatpour testified that Cuda often seemed to be going through a hard time. Cuda testified that he told her, “This is what I want to do to you,” and leaned in to kiss her. Bayatpour told her he was in love, that he thought he had found the woman he was going to marry. “In the stairwell, I was thinking, I need to do something funny to break the mood,” Bayatpour told the jury.
Persons: Rachel Cuda, , , Somebody’s, Elle, Ashkan Bayatpour, Cuda, ” Bayatpour, — “, Bayatpour, , ’ Cuda, emoticons, ” Cuda, “ lmao, disentangled, Bayatpour “, , Kevin Carroll, ” Carroll, Bill Burns Organizations: CNN, Capitol, CIA, Skype, Blue Angels, , Civil Rights Locations: Fairfax County , Virginia, Virginia, Washington, Cuda
Steve Martocci, cofounder of GroupMe, Blade, and Splice, is back with a new consumer health app. His startup, SuppCo, helps people find trusted supplements and track their health progress. The startup, called SuppCo, just raised a $5.5 million seed round co-led by Union Square Ventures and True Ventures, and including BoxGroup and Compound. SuppCoBuilding consumer trustMartocci first started taking supplements after GroupMe sold to Skype, when he was struggling with his health and weight. He clarified that SuppCo will never sell its users' data, and won't rely on ad revenue or notch partnerships with supplement companies.
Persons: Steve Martocci, , Martocci, he's, Martocci's, she'd, Nick Michlewicz, Bryan Johnson, Joe, Adam D'Augelli, GroupMe, SuppCo's, Michlewicz, SuppCo, Nick Michlewicz's, what's, Andy Weissman Organizations: Union Square Ventures, True Ventures, Service, East, TechCrunch, Skype, Square Ventures, Ventures, Food and Drug Administration Locations: New York
A separate robotics startup, Starship Technologies, filed a US trademark application for "Robovan" in 2017. On its website, WeRide said it had received "over 10,000 indication orders from a leading express delivery company" for the car. AdvertisementIn July 2017, a company called Starship Technologies filed a trademark for "Robovan," per the United States Patent and Trademark Office. Starship, which specializes in autonomous delivery robots, was founded by Skype cofounders Ahti Heinla and Janus Friis. Unlike Tesla and WeRide, Starship Technologies' offering isn't a self-driving vehicle.
Persons: WeRide, , Elon Musk's, Tony Han, Han, Janus Friis, Musk, Tesla's, 4DDqJtGATU — Elon, Tesla Organizations: Starship Technologies, Service, CNBC, JMC, Ford Motors, Jiangling Motors Corp, Ford, United States Patent, Office, Skype, Mercedes, Benz, Tesla, Technologies, YouTube, Business Insider Locations: Guangzhou, China
LONDON — Atomico, an early investor in top European technology firms from Stripe to Klarna, announced Monday the launch of two new funds worth $1.24 billion to back emerging and growth-stage startups in the sector. Venture funding for European tech startups nearly halved to $45 billion in 2023, compared to $82 billion in the previous year, according to a report penned last year by Atomico. This decline was a reversal to pre-pandemic years which saw a wild rise in tech valuations, Atomico said at the time. In 2022, Europe's tech sector saw $400 billion wiped off its overall market capitalization amid a sharp slide in tech valuations. The size of Atomico's new funds marks more than a 50% increase on the $820 million it raised for its last round of funds, Fund V, in 2020.
Persons: Atomico, Niklas Zennström Organizations: Venture, Atomico, Microsoft Locations: Europe, Europe's
When Yasmine invited her to join the road trip across Turkey, Sema happily accepted. “I knew nothing about them.”And then, when she was introduced to Kenneth, Sema also felt an instant connection to him. Kenneth Wayne HarlOver the next few days, as Kenneth, Sema and their friends Jason and Yasmin drove across Turkey, Kenneth and Sema grew closer. Kenneth and Sema spent the rest of the ferry crossing basking in the glow of each other’s affection. “In Urfa, the four of us attended a dinner and traditional dance performance in the evening,” recalls Kenneth.
Persons: Kenneth Harl, Sema, , Kenneth, ” Kenneth, Jason, Yasmine, , Nemrut, She’d, – she’d, hadn’t, ” Sema, , Kenneth Wayne Harl, Yasmin, Nemrut Dağ, Kenneth wasn’t, Jason – who’d, , , ’ ”, ” Jason, – you’re, it’d, it’s, Kenneth Wayne Harl Kenneth, They’d, Ken, who’d, you’re, ” “, hasn’t, “ I’m, he’d, We’ve, I’m, He’s Organizations: CNN, CNN Travel, Tulane University, Tulane, UNESCO, Heritage, Sema, Skype, American Research Institute, London, Locations: Malatya, Turkey, New Orleans, Izmit, Jason, Urfa, Harran, Sema, Nemrut, United States, Istanbul, Büyük Ada, , Ankara, Paris, India, France, Hurricane
Sweden’s economy has, in many ways, suffered from the same tribulations as the rest of Europe: recent bouts of crushing inflation and recession, and now the prospect of meager growth in a world split by geopolitical and economic conflict. Nevertheless, this tiny Nordic country has a roster of high-tech entrepreneurs that is the envy of its neighbors. Klarna, a financial tech firm, and King Digital Entertainment, the maker of the video game juggernaut Candy Crush, are other examples of homegrown tech powerhouses. “They have something — particularly in the tech sector — which other European countries do not really have to the same extent,” said Jacob Kirkegaard, a senior fellow at the German Marshall Fund. That entrepreneurial track record has been attracting renewed attention at a time when anxieties are mounting about Europe’s ability to compete with American and Chinese advancements in high technology.
Persons: Candy, , Jacob Kirkegaard Organizations: Spotify, Skype, King Digital Entertainment, German Marshall Fund Locations: Europe
While it was occasionally inconvenient to walk around without it, it was also refreshing; I'd long craved a digital detox. To my alarm, the thief had hacked into my Google account and changed the password, locking me out. To recover an account, you need a recovery email or phone number and the Google Authenticator app. AdvertisementYou have to pay for a Google One account to chat online with Google agents. Whenever I thought I'd done all the admin, another nightmare popped up.
Persons: , I'd, Gary Nunn, São Paulo, he'd, I've, I'm, That's Organizations: Service, Business, Google, Apple, Spotify, Skype Locations: Brazil, Rio de Janeiro, Rio De Janeiro, São Paulo, Sydney
Read previewThere's a new app that promises to connect you with your closest friends — only this time, it's coming from TikTok. The app, dubbed Whee, pitches itself as a platform to "keep you connected with your close friends through life's spontaneous moments." Whee's arrival on the charts — it's 27th among social-networking apps in Apple's App Store, outranking Skype and Signal — comes as Instagram is also leaning into features for close friends. After spending years leaning into influencer content, to the chagrin of some users, the big social platforms are betting big on close friends. But as the platforms prioritized creator-made content, like on Instagram reels, everyday users' content seemed to take a back seat.
Persons: , Snapchat, They're, Mervana Parekh, Nathan Sharp, influencers, Adam Mosseri, YouTubers Colin, Samir, Mosseri Organizations: Service, Android Police, Business, Skype, Acrew, Retro Locations: TikTok
Read previewScrolling through the profiles on OkCupid, Anna Akbari was drawn to a man who seemed handsome, witty, and highly intelligent. He was a catfisher — a person who fakes their online identity to trick victims into thinking they are someone else. He'd sent her a forged driving license, power points from his supposed job, and even copies of papers he claimed to have written at MIT. "We didn't know who this person was or why they were doing it," Akbari told BI. "Emily was Ethan, and Ethan was Emily," Akbari wrote in the book.
Persons: , Anna Akbari, They'd, Akbari, — Ethan Schuman, MIT —, Schuman, Ethan, Gchat, — Schuman, he'd, Warren Talmarkes, I'd, didn't, Gina Dallago, She'd, Dallago, Anna, He'd, they'd, Emily Slutsky, who'd, Emily, Slutsky Organizations: Service, Columbia University, MIT, Business, New York University, BI, Skype, Grand, Valentine's, Facebook, Grand Central Publishing, Columbia Locations: Washington, DC, New York, Ireland, Irish, Akbari, New York City, Japan, Columbia, Cork
AccelVenture capital firm Accel said Tuesday it's raised $650 million for its eighth fund targeted at investing in European and Israeli early-stage startups, in a sign the venture capital market may be showing signs of a recovery. "The environment has dramatically changed since then," Nelis told CNBC. Climate-focused VC firm World Fund closed a 300 million euro fund in March. "We're lucky that with DeepMind here in London and with Fair [Facebook AI Research] in Paris, there's at least two big centers that have great AI expertise," Nelis told CNBC. "My expectation is Europe is going to generate some really interesting AI application companies," Nelis told CNBC.
Persons: Harry Nelis, Sonali de Rycker, Andrei Brasoveanu, Luca Bocchio, Philippe Botteri, it's, Nelis, UiPath, Russia's, Wise, Magnus Grimeland, Grimeland, there's, Victor Riparbelli, Synthesia, Riparbelli Organizations: Accel, Accel Venture, Spotify, CNBC, Skype, U.S, Nvidia Locations: Europe, Israel, Lithuania, Romania, Ukraine, New York, U.S, London, Paris, Synthesia
Major corporations often don't want to seem like they're taking one side politically, so they either sponsor both conventions, or neither. Conventions could see new sponsorsThe Democratic and Republican conventions this summer are the first fully in-person conventions since the 2016 election. Democratic convention organizers in April said if corporations had any reluctance to back the RNC, it hasn't hampered Chicago's efforts to lure donors. Microsoft in 2012 contributed over $1.5 million in a mix of in-kind and cash contributions to the Republican convention. JPMorgan donated $200,000 to the 2012 Republican convention and didn't write a check for the 2016 event.
Persons: Donald Trump, Jon Cherry, Rashad Robinson, Robinson, , Fiserv, Greg Goldner, Trump, Donald Trump's, aren't, they'll, Joe Biden, Trent Morse, Morse, they've, Alison Prange, Reince Priebus, Priebus, it's, Steve Kornacki's, Biden, Nancy Pelosi, Michelle Yeoh, Natalie Edelstein, Michael Sacks, Sacks, J.B . Pritzker, Barack Obama, Alex Hornbrook, There's, Taylor Swift, she's, Mitt Romney, Obama, didn't, General Motors Organizations: Christian Media, The Gaylord, Center, Getty, Republican National Convention, Republican, NBC News, Trump, Fiserv Inc, Democratic, Fiserv, RNC, Resolute Consulting, GOP, Corporations, Fortune, Milwaukee Journal Sentinel, Democrats, White House, Milwaukee, NBC, Wall, Republican National Committee, Wall Street, Biden, TV, Kentucky Derby, Street Journal, Northwestern Mutual, Wisconsin Fortune, Democratic National Convention, WEC Energy Group, Manpower Group, Conventions, Metropolitan Milwaukee Association of Commerce, DNC, Convention, Chicago, Longtime Democratic, Illinois Gov, White, Correspondents, Commission, Facebook, Google, Microsoft, Bank of America, FEC, Meta, Skype, CNBC, JPMorgan Chase, Walmart, JPMorgan, General Motors, General, Motors, Comcast, Press, Trade Locations: Nashville , Tennessee, Milwaukee, Wisconsin, America, Chicago, NBCUniversal, Philadelphia
Exterior view of the Microsoft Times Square building in New York City on Jan. 29, 2023. Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday, six months after it unbundled the two products in Europe in a bid to avert a possible EU antitrust fine. The European Commission has been investigating Microsoft's tying of Office and Teams since a 2020 complaint by Salesforce-owned competing workspace messaging app Slack. The company started selling the two products separately in the EU and Switzerland on Aug. 31 last year. For new commercial customers, prices for Office without Teams range from $7.75 to $54.75 depending on the product while Teams Standalone will cost $5.25.
Organizations: Microsoft Times, Microsoft, European Commission, Salesforce, Business, Economic, European, Enterprise Locations: New York City, U.S, Europe, EU, Switzerland
Her active social life and adaptability to technology played key roles in her longevity. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Caitlin Weaver's grandmother loved reading. Courtesy Caitlin WeaverShe was very social — and loved to gossipNo one loved gossip more than my grandmother. Caitlin Weaver's grandmother loved traveling.
Persons: , grandma, Caitlin Weaver's, Caitlin Weaver, she'd, hadn't, it's Organizations: Service Locations: Hawaii, Europe
Related storiesHere are a few things I truly believe helped her live a long and happy life, many of which might surprise you. Caitlin Weaver's grandmother loved reading. Courtesy Caitlin WeaverShe was very social — and loved to gossipNo one loved gossip more than my grandmother. She traveled and embraced new adventuresThe first half of her life revolved around raising three kids and helping run the family farm. Caitlin Weaver's grandmother loved traveling.
Persons: grandma, Caitlin Weaver's, Caitlin Weaver, she'd, hadn't, , it's Locations: Hawaii, Europe
Richard Branson believes the environmental costs of space travel will "come down even further." Dozens of high-profile figures in business and politics are calling on world leaders to address the existential risks of artificial intelligence and the climate crisis. Virgin Group founder Richard Branson, along with former United Nations General Secretary Ban Ki-moon, and Charles Oppenheimer — the grandson of American physicist J. Robert Oppenheimer — signed an open letter urging action against the escalating dangers of the climate crisis, pandemics, nuclear weapons, and ungoverned AI. Signatories called for urgent multilateral action, including through financing the transition away from fossil fuels, signing an equitable pandemic treaty, restarting nuclear arms talks, and building global governance needed to make AI a force for good. The letter was released on Thursday by The Elders, a nongovernmental organization that was launched by former South African President Nelson Mandela and Branson to address global human rights issues and advocate for world peace.
Persons: Richard Branson, Ban, Charles Oppenheimer —, J, Robert Oppenheimer —, Nelson Mandela, Branson, MIT cosmologist Max Tegmark, Jaan Tallinn Organizations: Virgin Group, United Nations, Elders, South, Life Institute, MIT, Skype
Read previewThis as-told-to essay is based on a conversation with Marla Bautista , a 40-year-old military spouse in Tampa, Florida. None of my immediate family or friends had been service members, so becoming a military spouse was all new. I had to give up the prospect of a career for this lifestyleMany military spouses give up their careers to become homemakers. It’s common to hear military spouses say their career starts once their spouse's career ends. AdvertisementIt can be hard not to lose your own identityMy advice for other military spouses is to support yourself, too.
Persons: , Marla Bautista, I’ve, he’d, We’ve, hasn’t Organizations: Service, Army, Business, Skype Locations: Tampa , Florida, Denver, Chicago, Iraq, Germany, Colorado, Tampa ., Hawaii, Netherlands, France, It's, Tampa
Orlando, Florida CNN —A Florida woman sued Lyft earlier this month, alleging that she was raped by her Lyft driver in 2019 and that the assault resulted in the birth of her third child. Separately, at least a handful of Lyft drivers accused of sexual assault have been convicted in criminal cases. Genetic testing later confirmed with “99.9999999998%” certainty that the Lyft driver is the child’s father, according to the complaint. The Lyft driver rolled down the passenger side window, and Plaintiff confirmed the Lyft driver was there for her,” the complaint states. Lyft’s continuous criminal record monitoring began in April 2019, the month of Means’ alleged rape.
Persons: Lyft, Tabatha Means, , Uber —, Uber, ” Lyft, ” Means, Means, she’d, ” Tabatha, John General, Deborah Brunswick, ” Rachel Abrams, Peiffer Wolf, ” Abrams, wouldn’t, … I’ve, , Abrams, Organizations: Florida CNN, CNN, Court, ADT, Social, US, Department, RAINN Locations: Orlando, Florida, California
The founders of Wise, Skype and Songkick have raised 400 million euros ($436.4 million) for a new fund to back technology startups in Europe. Plural Fund II, the firm's second to date, arrives just 18 months after the firm raised its last fund, a 250 million-euro vehicle. Only 8% of VCs in Europe are former founders, he says, much lower than the 60% in the United States. So, if we look at the track record, and our ability to get the deals done, I think that all seems to say that this is really missing in Europe," Hinrikus added. Plural raised the funds from a mix of limited partners, including British and American university endowments, U.S. foundations and insurers, strategic family offices in Europe and the United States.
Persons: Wise, Taavet Hinrikus, fintech, Ian Hogarth, Sten Tamkivi, Khaled Helioui, Hinrikus, they're, we've, Carina Namih Organizations: Skype, Balderton, Bigpoint, CNBC Locations: Europe, VCs, United States, American
Julia Fernsby moved to New York City from Ireland right after college to work in fashion. Her dream job was not what she envisioned, and the city felt overwhelming and unfriendly. Right after college, I moved to take what I thought was my dream job in New York City. My New York dream had turned into a nightmareI was alone when I woke up, alone when I ate lunch, alone at work, alone at home. My college mentor and I went out for a coffee and she suggested I do extensive research on what kind of job I'd enjoy.
Persons: Julia Fernsby, , It's, who'd, Regina George, I'd Organizations: Service, Vogue, Central Park, Skype Locations: New York City, Ireland, Cohasset , Massachusetts, I've, Boston, New York, Central, Howth, Dublin, Brooklyn, Manhattan, York, Central Park
She says AI boosts her photos' quality and helps her write fantasies and recall client details. With the help of AI tools, she says she feels less burnout and can meet the needs of more customers. Now I use AI tools such as ChatGPT to help me run my business and make more money. I turned to AI tools to help me get my spark back and show up for my clients. To recall details fast, I use an AI tool called AskYourPDF , which takes my call transcriptions and provides me with a real-time chatbot.
Persons: Ela Darling, , ChatGPT, I'm, I've Organizations: Service Locations: Austin, Los Angeles
Marcus was studying in his bedroom in the Prague apartment when Mandy’s message popped up on his laptop. “It was a super-nice apartment in one of the coolest neighborhoods in Prague,” Marcus tells CNN Travel. Arriving in PragueMandy moved into Marcus' apartment in Prague's vibrant Vinohrady area. Here's one of Marcus and Mandy's first photos together, taken in their Prague apartment in 2020. “The night before he left, I’m crying and I’m like, ‘Oh, gosh, you’re leaving and I’m so sad,’” recalls Mandy.
Persons: Mandy Sanchez, Mandy, She’d, Marcus Wecksten, Marcus, Boris, , , ” Marcus, ” Marcus –, Prague’s Charles University –, they’re, , that’s, you’re, ’ ”, Prague Mandy, Mandy Sanchez Mandy, who’d, ” Mandy, Mandy’s Uber, Uber, Mandy “, ’ ” Mandy, decamped, she’d, Mandy's, couldn’t, Marcus “, they’d, Marcus didn’t, Let’s, Mandy’s hesitations, Mandy couldn’t, Kemal Onur Ozman, coronavirus, They’d, ” Mandy wasn’t, ” Boris, Marcus wasn’t, I’ll, Mandy –, I’ve, I’m, Charles, , phoning, hadn’t, Mandy’s, Here's Mandy, Marcus ’, – Marcus wouldn’t, “ He’d, ” “ We’ve, “ It’s Organizations: CNN, Texas, M University, Facebook, Prague’s Charles University, CNN Travel, Midway, Uber, Google, Pilsner, , Prague Locations: Texas, Prague, Prague ”, Europe, Vinohrady, , Germany, Finland, Czech Republic, Karlovy Vary, Albania, Helsinki
Why It MattersBy voting to move ahead with a proposal to restore net neutrality, the F.C.C. The agency will then be able to police broadband providers for net neutrality violations, consumer harm and security lapses. Background: What is net neutrality? Telecom companies have also argued that net neutrality rules could lead to regulatory creep and the regulation of broadband rates. What Critics SayRepublican lawmakers are fighting the move to restore net neutrality rules.
Persons: ” Jessica Rosenworcel, Tim Wu, Barack Obama’s F.C.C, Donald J, Trump, Rosenworcel, USTelecom, Brendan Carr, Mr, Carr Organizations: Netflix, Skype, Telecom, Democrat, Broadband, House Energy, Commerce, Verizon, and, Republican Locations: Columbia, cybersecurity
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