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Revolut lets customers switch to Revolut Bank in 10 additional countries

TechCrunch

Fintech startup Revolut has its own banking license in the European Union since late 2018. The Bank of Lithuania has granted a specialized license — it isn’t a full-fledged license per se, as it focuses on some activities. Right now, Revolut takes advantage of its banking license in two countries — Poland and Lithuania.

Lithuania 103
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Our 7 favorite startups from the Wayra London 2013 demo day

The Next Web

On the monetization front, the company plans to sell the viewing data that it obtains, but also says that licensing its recommendation algorithm could be a good earner. As well as licensing the software to others, the company is also entering market via private healthcare for employees.

Journal 147
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Uber to offer boat rides in London as new commuter service

The Verge

Uber’s relationship with London’s transport authority has been strained in recent months since TfL refused to grant it a new license to operate in the city last November. For a number of years now, it’s offered an island-hopping service in Croatia during the summer months. This is not the first time Uber has offered a boat service.

Service 76
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HBO Max is coming to parts of Europe on October 26th

The Verge

Sweden, Denmark, Norway, Finland, Spain, and Andorra are the first six countries it’ll be available in, before it expands to the following 14 territories next year: Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Moldova, Montenegro, North Macedonia, Poland, Portugal, Romania, Serbia, Slovakia, and Slovenia.

Europe 68
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“We are going to create the best environment for startups in Europe”

TechCrunch

So we get on par with countries like France, Portugal, Estonia, Croatia, and the Netherlands. TechCrunch: The startup law also provides for trial licenses for startups in regulated industries — which can apply to test products for, I think, up to a year. First, in there, we are creating a new visa category that is digital nomads.

Europe 85
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Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

Our data licensing and API with X is an incredible business. It added that, unlike its competitors TikTok and Instagram, Twitter hasn’t struck a music licensing deal for the use of copyrighted music. The operational run rate right now… we’re pretty close to break even.” “Our Our new subscription business [is] growing,” Yaccarino said.

Twitter 86
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ChatGPT: Everything you need to know about the AI-powered chatbot

TechCrunch

August 1, 2023 China requires AI apps to obtain an administrative license Multiple generative AI apps have been removed from Apple’s China App Store ahead of the country’s latest generative AI regulations that are set to take effect August 15. “As In just six days, the app topped 500,000 downloads. More to come soon!

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