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FOSS Patents: Nvidia has been subpoenaed by Activision Blizzard in FTC case, hopes to resolve disagreements over scope of discovery until February 13 fosspatents.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fosspatents.com Daily Mail and Mail on Sunday newspapers.
Italian regulators hit Amazon with a 1.1-billion-euro ($1.3-billion) antitrust fine Thursday for allegedly abusing its dominance in the market, the latest action against US Big Tech in the EU. ....
Today in European Tech: The SPAC is back with Babylon's $4.2 billion merger and eToro's draft filing, the EU's digital ID wallet, and more tech.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tech.eu Daily Mail and Mail on Sunday newspapers.
Today in European Tech: Bolt moves into car sharing, Razor Group nabs $400 million, new funds for Stride VC, Proptech1 and Rockstart Deals - Razor Group, a Berlin-based startup buying up promising Amazon sellers and scaling them into bigger, multi-channel businesses, has closed financing of $400 million to scale. - Schaffhausen, Switzerland-based cybersecurity firm Acronis has raised over $250 million in a new funding round from CVC Capital Partners VII and additional investors including Goldman Sachs. With this round, the company now has a valuation of $2.5 billion. - Finnish fitness ring maker Oura has raised $100 million Series C funding in a round led by The Chernin Group and Elysian Park. ....
Today in European Tech: OneWeb secures $550 million, MessageBird extends round to $1 billion to bankroll a US acquisition, and more Deals - Through an extension of a previous round, Dutch omnichannel communications platform MessageBird has now raised a whopping $1 billion. Continuing their shopping spree, MessageBird has entered a definitive agreement to purchase Colombia, Maryland-based predictive email platform SparkPost for $600 million. - London-based bring-the-internet-to-everyone provider OneWeb has secured $550 million in financing from Parisian Eutelset, bringing the rounds’ total funding to $1.9 billion. Eutelsat is one of the world’s leading satellite operators, and with this funding of OneWeb, the company is obtaining an approximate 24% equity stake in the latter. ....