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Napster just sold for $207 million

Engadget

Infinite Reality CEO John Acunto says itll be used for marketing in the metaverse. In addition to Napster, it purchased the Drone Racing League , the metaverse marketing platform Landvault and the VR shopping platform Obsess. A company called Infinite Reality ponied up the cash. That sounds about right.

Music 123
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What we can learn from edtech startups’ expansion efforts in Europe

TechCrunch

Europe is home 49 of the surveyed companies, six are based in the U.S., Higher budgets also enable entry to several markets nearly simultaneously. The survey revealed a roughly even split of target customers across companies, institutions and consumers, as well as a good spread of home markets. and three in Asia.

Europe 143
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Europe's eIDAS 2.0: a threat to modern web security?

TechSpot

eIDAS, or "electronic IDentification, Authentication and trust Services," is the set of rules adopted in Europe to enable secure online transactions across the European single market. Every member state must adopt the eIDAS rules, and the same applies to organizations and companies that want to provide public digital services there.

Europe 96
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Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe

TechCrunch

It plans to use the funding to expand its footprint across metropolitan areas in its existing three markets — the Czech Republic, Hungary and Austria — as well as to break into Germany, Poland, Romania and other countries in the near future. upr, Rohlik CEO and founder, told TechCrunch in an interview.

Europe 131
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Nigerian digital bank Kuda is the latest African startup to lay off employees

TechCrunch

It recently hired Pavel Khristolubov , an ex-Tinkoff executive, as its global chief operating officer and Elena Lavezzi , a former Revolut executive in Europe, as chief strategy officer to oversee efforts in this regard and also grow its over 4 million customer base. Per sources, this includes growth, marketing and product departments.

Digital 137
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Cryptocurrency pioneer Diana Biggs joins digital assets startup Valour as its new CEO

TechCrunch

Cryptocurrency pioneer and early Bitcoin thought-leader Diana Biggs has joined Swiss-based startup Valour , which lets investors easily buy digital assets through their bank or broker. billion worth of bitcoin, thus massively boosting the mainstream markets for crypto assets.

Digital 112
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Charles raises $20M to bring conversational commerce to WhatsApp in Europe

TechCrunch

The conversational commerce market is fairly substantial too, with China’s WeChat reportedly facilitating $250 billion in transactions in 2020 alone. Conversational commerce comes to Europe. One point worth noting is that Charles has specifically built its platform with Europe’s data privacy laws (i.e.

Europe 95