Saturday, August 13, 2016

The 10 biggest European tech stories

Tech.eu tracked 14 technology M&A transactions and 46 funding deals (totalling €258 million) in Europe, Turkey and Israel.

Like every week, we listed every single one of them in our free weekly newsletter, along with interesting news regarding fledgling European startups, tech investors old and new, a number of good reads published elsewhere, government and policy news, as well as an overview of interesting lists, facts and figures from a wide variety of sources.

You can subscribe to our newsletter below to receive all this information in your inbox every Friday afternoon for free, but here’s an overview of the 10 biggest European tech news items for this week:

1) Randstad, an Amsterdam-based human resources and recruitment specialist, is acquiring job hunting portal Monster for $429 million in cash.

2) Uber has made a small, direct investment in four European tech startups.

3) Russia’s national regulator fined Google $6.75 million for violating antitrust rules on tablets and mobile phones, after reviewing a complaint filed by local search engine Yandex last year.

4) Dutch data visualisation startup Silk has been acquired by Peter Thiel’s Palantir for an undisclosed amount, will shut down its service.

5) American-Israeli open-source video platform Kaltura has raised $50 million from Goldman Sachs.

6) Apple’s planned €850 million data center in Ireland has been approved.

7) British mobile banking startup Mondo has been granted a UK banking licence ‘with restrictions’ by regulators.

8) Airbnb paid less than €70,000 in taxes in France in 2015, according to reports in French media, as authorities in Barcelona have stepped up a crackdown on homes illegally rented out to tourists on the website.

9) Online retailer Amazon plans to create 500 new jobs when it opens another distribution center in northern England next year.

10) Telecoms companies will face new EU rules on how they can access Internet networks under a change to European law that could stoke tensions between large, former monopolies and smaller operators.

This post first appeared on Tech.eu

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