Madrid: First European Production Hub For Netflix

Netflix chosen Madrid as the location of its first production hub in Europe region. Company said that there operations will be at Ciudad de la Tele in Nothern Madrid. Netflix…

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Festicket integrates with Spotify

UK based online festival booking platform, Festicket has integrated with music streaming platform, Spotify to help users to find music festivals based on the music which they listening in Spotify….

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UK Based InsurTech Firm Raises £500,000 In A Seed Funding Round

Weisz Investments and Avonmore Developments together invest £500,000 in UK based InsureTech firm Reposit. Founded in 2015. Reposit offers one week worth of rent to secure a property. Also Reposit…

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Brightpearl Raises $15 Million In Growth Funding

Bristol based enterprise resource planing company, Brightpearl raises $15 million in growth funding. Investment led by Cipio partners who join with existing investors  MMC Ventures and Notion Capital. Brightpearl was…

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Why Did The Facebook Expose ‘Disloyal’ Russians?

The latest tech scandal has apparently impacted 65,000 Russians identified as “interested in treason” by Facebook’s advertising algorithms. IT experts, however, say the entire matter is ridiculous and that there’s…

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Ericsson sees light on horizon after major layoffs

Swedish telecoms giant Ericsson posted boosted second-quarter results on Wednesday, after the company had to lay off thousands of staff members as part of a major cost-cutting scheme. Ericsson built…

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Virtuo : Mobile Car Rental App Officially Launches In London

Virtuo, an app-based mobile car rental service, has been launched in London. The app will allow customers to choose a vehicle from a fleet of standardised premium cars in five…

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Secret Escapes Secures £52m From Old Mutual Global Investors

Secret Escapes raises an additional £52m from Old Mutual Global Investors. The London-based online marketplace which offers ‘affordable’ luxury deals has so far raised $153m (£104m) in capital since it…

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TrueLayer secures $7.5 million funding to expand across Europe

TrueLayer a London-based fintech startup which provides financial APIs, has just closed a $7.5 million funding round led by venture capital fund Northzone and joined by previous investors Connect and…

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E.U. Fines Google $5.1 Billion

European authorities fined Google a record $5.1 billion on Wednesday for abusing its power in the mobile phone market and ordered the company to alter its practices, in one of…

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