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YouTube ‘Premium Lite’ subscription offers ad-free viewing for less

The Verge

Premium Lite is currently being tested in Belgium, Denmark, Finland, Luxembourg, the Netherlands, Norway, and Sweden. “In In comparison, YouTube’s existing Premium plan costs around €11.99 In Nordics and Benelux (except for Iceland), we’re testing a new offering to give users even more choice: Premium Lite costs €6.99/month

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Why Techstars is doubling down on Europe

TechCrunch

For comparison, that two-quarter figure is billions more than French startups raised in all of 2020. Our perspective on the matter is hardly unique: Techstars recently announced two new programs on the continent, one in France and one in Sweden, indicating that it too sees lots to like in Europe.

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Klarna confirms $800M raise as valuation drops 85% to $6.7B

TechCrunch

Rumors have been circulating for at least the past month that Sweden-based Klarna, best known as a “ buy now, pay later ” service provider, was seeking to raise new funds. Klarna’s valuation comparisons since 2018. European fintech Klarna has confirmed that it has raised $800 million at a pretty hefty valuation drop.

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Sustainability data platform Worldfavor fuels up for ecosystem opportunities

TechCrunch

More funding for sustainability reporting: Sweden’s Worldfavor , an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas.

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Lynk & Co will make you rethink outdated ideas of car ownership

The Verge

Lynk & Co first announced its ambitious approach to car sharing five years ago in its home city of Gothenburg, Sweden, emboldened by studies that say cars sit unused 96 percent of the time. For comparison, owners of nearby Volvo SUVs on the Snappcar sharing service list their cars for between €65 and €110 per day.

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Here’s everything we know about Zeekr’s new EV battery and new Quzhou plant

TechNode

For comparison, CATLs other most recent battery, Qilin which is packed with more expensive nickel and cobalt-based cells reaches 255 Wh/kg at a system level and can power an EV for 1,000 km. It has also made a foray into the European market, currently selling EVs in the Netherlands and Sweden.

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Xbox Series X and S: everything you need to know about the next-gen of Xbox

The Verge

However, it’s important to note that the PS5’s CPU and GPU clock speeds are variable based on the total workload, so it’s not quite an apples-to-apples comparison with the new Xbox consoles. They’ve also got 8-core CPUs, but they’re clocked at 3.5GHz. This approach could benefit the PS5 in certain scenarios but limit it in others.

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