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EU tech policy is not anti-American, says Vestager

Margrethe Vestager, the EU’s head of digital and competition policy, has rejected the idea that its forthcoming Digital Markets Act (DMA) will only target American tech companies. She spoke after the White House warned Brussels that the tone around its flagship new tech policy sent a negative message and suggested that the EU “is not…
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20 June 2021 0

Big Data: reasons to be anxious, Pt 3

Armageddon beckons. Planet Earth is running low on water and high on carbon emissions. Superpowers are at loggerheads. Modernity has added one more worry to the panic list: information overload. Some 500 hours’ worth of video is uploaded every minute to Google-owned video sharing platform YouTube. Every year, tweets, social media posts, online banking and…
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20 June 2021 0

Dollars, deals and the importance of nondilutive capital

Today, on Juneteenth, we recognize the efforts this nation still needs to put toward addressing structural racism and disparities, including in the world of tech. This week, HBCUvc, a nonprofit that aims to diversify the world of venture capital, launched a million-dollar fund. Founder Hadiyah Mujhid told me that the capital would provide nondilutive financing…
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19 June 2021 0

This Week in Apps: Spotify debuts a Clubhouse rival, Facebook tests Audio Rooms in US, Amazon cuts Appstore commissions

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices…
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19 June 2021 0

Investors say Eindhoven poised to become Netherlands’ No. 2 tech hub

Eindhoven might not immediately spring to mind as a high-tech hub, but the Netherlands city is keen to position itself as a center for deep tech in Europe. The Technical University of Eindhoven, High Tech Campus Eindhoven, and locally based corporates like ASML and Philips have been eyeing initiatives across Europe and applying what they’ve…
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19 June 2021 0

Daily Crunch: Spotify and Ford make acquisitions

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Welcome back to the Daily Crunch for Friday, June 18. Congratulations! You’ve made it to the end of the week without Alexander, who will return bright-eyed on Monday. TechCrunch has the day…
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18 June 2021 0