DigitalBridge, the Manchester, U.K.-based startup using technology to help solve the “imagination gap” when planning home renovations, has picked up £3 million in new backing. The round is led by Maven Capital Partners via two funds it manages: £1.5 million from Maven’s Venture Capital Trusts (VCTs) and £1.5 million from the NPIF Maven Equity Finance,…
Uber and Lyft going public may have put closer public scrutiny on the economics of ridesharing, but it hasn’t had a chilling effect on the level of competition in the space. In the latest development, TechCrunch has learned and confirmed that Bolt, the Estonian ride-sharing, scooter and food delivery company that operates across Europe —…
The UK’s Information Commissioner is starting off the week with a GDPR bang: this morning, it announced that it has fined British Airways and its parent International Airlines Group (IAG) £183.39 million ($230 million) in connection with a data breach that took place last year that affected a whopping 500,000 customers browsing and booking tickets online. In an…
Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it. “Design of the Facebook currency has not been fully explained,” India’s Economic Affairs Secretary Subhash Garg told Bloomberg…
Britain’s Information Commissioner’s Office (ICO) today hit British Airways with a record fine of £183 million for failing to protect the personal information of around half a million of its customers during last year’s security breach. British Airways, who describes itself as “The World’s Favorite Airline,” disclosed a breach last year that exposed personal details…
Tesla CEO Elon Musk said the company will “most likely” begin upgrading older electric vehicles with its new custom chip later this year — a lofty task that will involve retrofitting hundreds of thousands of Model S, X and 3s. Musk tweeted Sunday night that the upgrades will begin most likely at the end of…
Soldo, the U.K. fintech that offers a multi-user spending account for businesses, has closed $61 million in Series B funding. Leading the round is Battery Ventures and Dawn Capital, with participation from previous backers Accel and Connect Ventures. In addition, a small portion is debt financing from Silicon Valley Bank. It brings total raised by…
Tokyo-based media outlet The Asahi Shimbun’s Takeho Morita published a quintessentially Japanese story last week: many people who rent cars through vehicle-sharing services across the country don’t drive them at all. Instead, they use them to take naps, making business calls, catching up privately with friends, eating lunch, – and according to a 2018 survey…
When Landon Brand and Benjamin Stansfield graduated from the University of Southern California this year, they already had the plans for Project Wren, their service for selling carbon offsets to a new generation of conscious consumers. Along with fellow co-founder Mimi Tran Zambetti (who’s still attending USC), Brand and Stansfield aim to make carbon offsets…
It took 20 years to break the Goodwood Festival of Speed hill climb record. And it happened twice in the same weekend. The new record holder is Volkswagen’s ID R electric race car. The vehicle, driven by driver Romain Dumas, broke the record by completing the 1.86-kilometer track (1.15 miles) at Goodwood in the south…
