Lithuania is building a €100 million startup campus in Vilnius. Dubbed "Tech Zity," the development is poised to be Europe's largest tech campus, surpassing even Paris' Station F in size. You can check out what it looks like here:
@ryan_browne_
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Mixed Reality for Financial Inclusion at Money 20/20
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#NewProfilePic (From Money 20/20, chatting with @feldmannews and Liliana Carmona from JPMorgan about mixed reality being a tool for inclusion)
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Amazon Reportedly Interested in Acquiring Ocado
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Big!! Ocado shares are up more than 40% after a Times report that Amazon is among companies interested in buying the company outright. https://
cnb.cx/42S8EnF -
Ripple Gains In-Principle Payments License in Singapore
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Ripple has received in principle regulatory approval in Singapore, hinting at a major expansion of its business in Asia. The company hopes the move will further adoption of its ODL product, which facilitates cross-border transfers through XRP. https://
cnbc.com/2023/06/21/cry
pto-firm-ripple-gets-in-principle-payments-license-in-singapore.html
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Netflix facial data privacy concerns in marketing campaigns
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Yes yes I know there's a terrible irony to handing away my valuable (lol) facial data to Netflix for a cheap marketing campaign but… couldn't resist
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Tech Obsession: Predicting the Unpredictable Future
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It's weird being obsessed with tech that you know what's about to come… but then when it actually does come you somehow don't see it coming sadtimes
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Binance faces SEC lawsuit as MiCA regulation approaches
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There's been no shortage of pain for Binance lately – most recently, the US SEC issued a lawsuit against the firm and its CEO. Notably, Binance has said welcomes the EU's MiCA regulation, which would harmonise rules for crypto. But MiCA won't come into effect until… 2024.
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Zepz $5B Fintech Unicorn Plans M&A Push, New Wallet
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New and exclusive: Zepz, the $5 billion fintech unicorn backed by Accel and TCV, is planning a big push on M&A and looking to roll out a new digital wallet product, hoping to move past the pain of laying off 26% of its workforce.
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GoCardless Cuts 15% Staff, Targets Profitability Focus
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GoCardless is laying off 15% of staff.
Last week I spoke with CEO @hirokitakeuchi about what's next for the business – he said profitability is the key focus. -
Synthesia Raises $90M in AI Video Generation Funding Round
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New and exclusive: Synthesia, a London-based AI video generation platform, has raised $90m from investors including Accel and Nvidia. The investment, which values the company at $1bn, is the latest example of how investors are flocking to AI.