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Tesla sold 42.6% less cars in Europe this year. Here’s why

Fast Company Tech

Tesla currently faces a number of challenges in Europe, ahead of the launch of its new Model Y midsize SUV this month. The EV maker has a smaller, aging lineup while traditional automaker rivals and new Chinese entrants alike continue to launch new, often cheaper electric models. in Italy, and 0.7% a year earlier.

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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.

Spain 151
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Zoom knots itself a legal tangle over use of customer data for training AI models

TechCrunch

The recent terms & conditions controversy sequence goes like this: A clause added to Zoom’s legalese back in March 2023 grabbed attention on Monday after a post on Hacker News claimed it allowed the company to use customer data to train AI models “with no opt out” Cue outrage on social media. Still, people were mad.

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Boutique hotel tech platform NUMA raises $45M growth financing round led by DN Capital

TechCrunch

million, and, in the post-pandemic world where the population has become far more movable due to remote working, similar businesses are raising funds to attend to the needs of this global, nomadic workforce. Germany-based NUMA Group expanded into Spain, Italy, Austria and the Czech Republic in 2021. It’s raised $529.6

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Business banking startup Qonto raises $552 million at $5 billion valuation

TechCrunch

It currently operates in France, Germany, Italy and Spain. Tiger Global and TCV are leading today’s funding round. Existing investors Valar, Alven, DST Global and Tencent are putting more money on the table as well. What makes the business model even more lucrative is that a lot of customers just sign up on their own.

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Kukua, creators of “Super Sema,” raises $6 million, led by Alchimia and Tencent

TechCrunch

Tencent, which made its first African edtech bet in Nigeria’s uLesson last December, co-led this Series A round with Italy-based VC Alchimia. So, we thought this was a much-needed space, not only for kids in Africa but globally. Though white and raised in Italy, Bisignani travelled widely in Africa when she was young.

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Marketing automation startup Retail Rocket nabs $24M for expansion

TechCrunch

” According to Khlebinsky, Retail Rocket uses a mathematical model to segment first-time buyers of a company’s product. “We work with ecommerce on a performance-based pricing model,” Khlebinsky explained. According to HubSpot, a mere 5% increase in customer retention can boost profits by 25% to 95%.