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The Latest Breaking News on European tech

Lime's Long-Awaited IPO Is Finally on Track: Uber-Backed Scooter Startup Reports $686M Revenue and 'Cash Flow Positivity'

Lime, the electric bike and scooter rental startup backed by Uber (NYSE:UBER), has hired Goldman Sachs (NYSE:GS) and JPMorgan Chase (NYSE:JPM) to prepare for a U.S. initial public offering expected to launch next year, Reuters reports.

Benzinga

Voices: Is London’s stock market in crisis?

COMMENT: There’s already been a mass exodus of investors as they gravitate towards the welcoming arms of New York, writes James Moore. But further decline in IPOs could do untold damage to the UK market

The Independent UK

Ex-SpaceX Team's $25M Startup Is Rewiring The Future Of U.S. Defense—They Still Build These Things 'The Same Way They Did During The Cold War'

Senra, a Southern California startup founded by ex‑SpaceX engineers Jordan Black and Benjamin Shanahan, is stepping into the spotlight after announcing on June 18 a $25 million Series A aimed at revamping critical U.S. defense manufacturing.

Benzinga

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Hiring Without Limits: Jacques Nack's Mission to Unlock Africa's Workforce

Africa is home to a fast-growing, youthful, and digitally connected population. The potential of its emerging workforce is vast, and according to Jacques Nack, it's time to rethink how work, opportunity, and access are structured.

International Business Times

Strava and Runna now offer a joint subscription and it’s cheaper than buying one pair of running shoes

Two months after acquiring Runna, Strava is rolling out its first joint membership

'Spotlight On Canada': Deep Sky's $40M DAC Hub Backed By Bill Gates Draws Global Carbon Tech Surge After Trump Fuels U.S. Climate Uncertainty

Canadian climate startup Deep Sky is rapidly emerging as a leader in carbon removal after completing construction on what it calls the world's first test hub dedicated entirely to direct air capture technologies. Located in Alberta, the Alpha facility has secured contracts with eight companies from the U.S., Canada, the…

Benzinga

Rachel Reeves can end the London exodus and unleash the City

In the latest in our London Unleashed series Peel Hunt’s Charles Hall outlines how the City can be revived

Evening Standard

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Mark Cuban Lists 8 Reasons Boomers See The World Differently — And Says It's Time For A Leader Who Unites Us

Protesters gathered worldwide on June 14 for the "No Kings Day" demonstration — an event focused on rejecting authoritarianism and celebrating democratic values. The protests made headlines not just for its message, but for its participants: a large contingent of Baby Boomers, many draped in U.S flags and holding signs…

Benzinga

Norway’s €19bn software company Visma picks London for IPO

Provisional decision by private equity-backed group is a boost for the LSE after a recent exodus of big names

The Guardian - UK

Microsoft CEO Satya Nadella Praises Palantir's FDE Model As 'Fantastic'—Insiders Say It's Not Consulting, It Builds 'The Product Customers Need'

Microsoft Corp. (NASDAQ:MSFT) CEO Satya Nadella called Palantir Technologies Inc.‘s (NASDAQ:PLTR) Forward Deployed Engineer model “fantastic” at a Y Combinator event, prompting industry debate about the data analytics company’s unique approach to product development.

Benzinga

Dating app Bumble to lay off hundreds of staff amid turnaround bid

Company is cutting 30% of its global workforce as part of an effort to return to a ‘start-up mentality’

The Guardian - US

Here's How You Can Earn $100 In Passive Income By Investing In Equinix Stock

Equinix Inc. (NASDAQ:EQIX) is the largest global data center and colocation provider for enterprise network and cloud computing.

Benzinga

Kevin O'Leary Once Told A Young Founder To Pick His $5 Million A Year Startup Over His Demanding Fiancée — 'Which Is Easier To Replace?'

In 2017, "Shark Tank" investor Kevin O'Leary recounted a moment when he advised a young entrepreneur to prioritize his $5 million startup over his romantic relationship.

Benzinga

Playing A Hot Hand--75% Of S&P 500 Companies Reporting Earnings Last Quarter Exceeded Their Earnings Expectations

With all the talk of wild card "X" factors such as President Donald Trump's tariffs or instability in the Middle East, unsettling the stock market, you would logically expect the quarterly earnings season to be full of bad news. It is impossible to deny that the last quarter was a…

Benzinga

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news in one place.

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Benzinga

Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

International Business Times UK

Pavel Durov: Quick Facts on Billionaire Telegram CEO Who Said His 100 Kids Won't Get a Cent in the Next 30 Years

Tech billionaire Pavel Durov, founder of Telegram, says his 100+ kids won't inherit his $13.9B fortune for 30 years. Here's why he's doing it.

International Business Times

France Softens Restrictions For Telegram Founder Durov: Judicial Source

Telegram founder Pavel Durov's judicial control has been relaxed, with the Russian-born entrepreneur now allowed to live in Dubai for a maximum of two weeks at a time, a judicial source said on Thursday.

Future Peloton update could put a huge smile on Garmin users' faces

Speaking at a tech conference in San Francisco, Peloton's CEO hinted at a deeper integration with Garmin Connect.

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The Guardian - UK

Entrepreneur ‘humiliated’ after London Tech Week turns her and baby away

Davina Schonle prevented from entering event with eight-month-old and had to cancel meetings for tech startup

InsideEVs

A BMW Supplier Was Working On A U.S. EV Battery Factory. Here's Why Construction Stopped

Envision AESC started building a huge battery plant in South Carolina two years ago to supply cells to BMW. It has now abruptly halted work on the site.

Tom’s Hardware

Researchers convert old phones into 'tiny data centers' — deploy one underwater for marine monitoring

A group of researchers from the University of Tartu developed a way to reuse old smartphones as an edge node to process data in real-time.

The Guardian - UK

Wise goes to the US. Will its founder’s supercharged voting rights follow?

It’s odd that the move comes as a ‘sunset clause’ that allows Kristo Käärmann enhanced rights here approaches expiry

The Guardian - UK

Stock exchange dealt another blow as £12bn fintech ditches main London listing

Money transfer service Wise will move primary listing to US and dual list shares to try to lure more investors

Evening Standard

Fintech giant wise to switch its main share listing to the US in major blow for the City

Wise was the largest tech listing in the UK when it was valued at almost £9 billion after its 2021 stock market debut

International Business Times

Centida BI & Analytics Celebrates Over a Decade of Transforming Financial Intelligence and Strategic Decision-Making

Centida BI & Analytics, a Germany-based consultancy, celebrates 10+ years of delivering value through business intelligence, advanced data engineering, and strategic technology. Trusted by global clients for innovative financial planning, forecasting, and real-time analytics solutions tailored to business needs.

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