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  • Apple and Ireland win appeal against the European Commission’s $15 billion tax ruling

    The General Court of the European Court of Justice has annulled an EU decision that involved Apple’s subsidiaries in Ireland. Four years ago, the European Commission said that Ireland had failed to collect €13 billion in taxes from Apple — roughly $15 billion. According to the press statement, “the Commission did not succeed in showing […]

    July 15th, 2020 05:22 AM

    Revolut partners with Paxos to bring cryptocurrency trading to the US

    Neobank Revolut launched in the U.S. a couple of months ago. The startup is slowly catching up with features that are available in the U.K. and Europe. This time, Revolut is adding cryptocurrency trading through a partnership with Paxos. Users in the U.S. can now buy, hold and sell Bitcoin and Ethereum from the Revolut […]

    July 15th, 2020 05:00 AM

    Google invests $4.5 billion in India’s Reliance Jio Platforms

    Google has become the latest high-profile firm to back India’s Reliance Jio Platforms. The search giant is investing $4.5 billion for a 7.73% stake in the top Indian telecom network, Reliance Industries chairman Mukesh Ambani said on Wednesday. The investment today from Google is one of the rare instances where the Android-maker has joined its […]

    July 15th, 2020 03:47 AM

    Graphcore unveils new GC200 chip and the expandable M2000 IPU Machine that runs on them

    There is a lot riding on the use of artificial intelligence technology to help us take giant leaps ahead in solving complex challenges — whether it’s medical breakthroughs, building better cybersecurity, or better navigation systems for cars and other moving objects. But the more advanced the application, the bigger the need for hardware that can […]

    July 15th, 2020 02:32 AM

    Fraud detection startup Ravelin secures $20M Series C

    Ravelin, the London-based company using machine learning to help companies fight fraud when accepting online payments, has raised $20 million in new funding. The Series C round is led by Draper Esprit, with participation from existing investors Amadeus Capital Partners, BlackFin Tech, and Passion Capital. Ravelin disclosed $10 million in Series B funding in September […]

    July 15th, 2020 02:00 AM

    Nissan stakes its EV future on the 300-mile range Ariya crossover

    Nissan unveiled today the Ariya, an all-electric SUV with an estimated 300 miles of range and a starting price tag of $40,000 that marks the beginning of a four-year plan aiming for growth and profitability. The Nissan Ariya will first be sold in Japan in mid-2021, before heading to dealerships in the U.S. and Canada […]

    July 15th, 2020 01:05 AM

    Layer gets $5.6M to make joint working on spreadsheets less hassle

    Layer is not trying to replace Excel or Google Sheets. Instead the Berlin-based productivity startup wants to make life easier for those whose job entails wrangling massive spreadsheets and managing data inputs from across an organization — such as for budgeting, financial reporting or HR functions — by adding a granular control access layer on […]

    July 15th, 2020 12:00 AM

    Jack Ma’s fintech giant tops 1.3 billion users globally

    The speculation that Alibaba’s fintech affiliate Ant Group will go public has been swirling around for years. New details came to light recently. Reuters reported last week that the fintech giant could float as soon as this year in an initial public offering that values it at $200 billion. As a private firm, details of […]

    July 14th, 2020 11:54 PM
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