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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

As Italy reinstates many COVID-19 restrictions, the country’s tech ecosystem is watching and waiting to see what the wider effects of the emergency will be. Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade.

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Getir, the $12B instant delivery startup, plans to axe 14% of staff globally and cut aggressive expansion plans

TechCrunch

In the latest development, TechCrunch has learned and confirmed that Getir — the $12 billion quick commerce upstart that provides grocery essentials and sundries and promises delivery of them in minutes — is cutting 14% of its staff globally. Germany, France, Italy, Spain, Netherlands, Portugal and the U.S.

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What Will Be The New Normal For The Event Industry?

AccelEvents

COVID-19 has done more than just slow down the event industry—it almost brought it to a complete halt. For example, the UEFA Championship League match that occurred between Atalanta-Valencia in Milan has widely been seen as a “ biological bomb ” that set off the overwhelming coronavirus case numbers and death toll in Italy.

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This hypercar is China’s first Belt and Road electric vehicle project

The Verge

Byton once had its own global ambitions. While Italy makes sense as a target market to make and sell a hypercar, it’s also a logical political partner for a project like this, as it was the first G7 nation to endorse the Belt and Road initiative.

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Getir is now worth nearly $12 billion after raising another $768 million

TechCrunch

Mubadala Investment Company is leading the founding round with Abu Dhabi Growth Fund (ADG), Alpha Wave Global, Sequoia Capital and Tiger Global also participating. It’s a capital-intensive industry. Germany, France, Italy, Spain, Netherlands, Portugal and the U.S. “We

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Bookshare without Borders: #2/3

Beneblog: Technology Meets Society

Digitization and globalization are giving rise to growing publishing markets that promise new business opportunities. Globalization and the digital transformation of the book industry also stand behind the recent big news in the publishing world about the mega-merger of Penguin and Random House , says Ed Nawotka.

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Acorns acquires UK’s GoHenry, a fintech focused on 6- to 18-year-olds

TechCrunch

France, Italy and Spain. It began servicing France and Spain when it acquired French startup Pixpay last July and it also opened up for business in Italy in January of this year. So being able to serve kids, teens and adults holistically inside one company globally is really exciting.” as well as in the U.S., In the U.S.,

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