With a market presence across the EU and Latin America, the tech startup has managed to significantly trim its losses and if its revenues continue on this trend, it is set to post a profit in this financial year. On Thursday, mobile payment solutions company iZettle disclosed, with its revenue surging significantly this year and…
While many pages have been written on the direct effect of cyberattacks, Lloyd’s report, prepared with inputs from KPMG and DAC Beachcroft, highlight the slowburn aspect of cyberattacks. On Wednesday, Lloyd’s of London has stated in a report that businesses in Europe have underestimated the “slow-burn” effects of cyberattacks. Business across the European Union need…
The new fund will provide funding to both public and private firms for products that have already reached mid-stage Phase II clinical development, providing them with a new source of growth capital. In a move that underscores the wide net Google has cast across industries, the search engine giant has sunk in $300 million in…
While Beijing wants to benefit from European technology in biopharmaceuticals, robotics and upgrade its industry it routinely uses its national security concerns and cyber security regulations to erect trade barriers. Ahead of the EU-China Investment Treaty, a top European business lobby in China has urged Beijing to “walk the talk” on free trade and globalization.…
The Labour Party aims to secure Britain’s access to EU’s lucrative single bloc market. With Jeremy Corbyn’s Labour Party shortening the lead that British Prime Minister Theresa May had when she plunged country into elections, May has urged voters to back her if they want Britain to exit the EU. Last week, having announced her…
Now that there is more clarity on the quality of information gleaned from users, the deal is likely to result in an agreement by summer. In a significant development, Facebook’s European regulator has disclosed that it has reached a deal with the U.S. company which allows for the collection of data from WhatsApp, a messaging…
There will be enormous consequences for both American and European companies, if a legal alternative to the Safe Harbor Framework is not arrived at in a timely manner. Two of America’s and Europe’s largest trade groups have warned that if Brussel and Washing fail to wrap up their data transfer pact related talks by the…
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