News - For Consumers

Deepfake ads on Facebook and other platforms are promoting fraudulent online investments, leading people to lose money. These scams, despite being illegal under the Digital Services Act, are proliferating due to AI-generated content.

Paris-based UPCITI secured a $20M Series A round to expand its urban operating platform globally. The platform, live in over 150 cities across 17 countries, combines software and hardware to help municipalities manage operations with a privacy-first approach.

Meta is boosting its use of ARM processors for AI within Facebook and Instagram to improve rankings and recommendations. Over 3 billion Meta users will experience this optimization with the Neoverse architecture.

Biometric data usage by investigative authorities faces legal challenges following a press conference in Berlin by privacy advocates. They argue that European and constitutional law prohibit matching biometric data with internet images, based on a technical assessment.

Spanish tax laws complicate remote hiring for tech companies like Vercel, forcing them to halt Spanish operations. Vercel's CEO cited difficulties with hiring and expanding in Spain due to tax implications.

LinkedIn will use EU user data to train its AI models, prompting users to object before November 3rd. The platform's "opt-out" policy automatically includes profile information and public content unless users manually opt out.

A UK court ruled that British data protection laws apply to US-based Clearview AI, a facial recognition firm. The ruling means the UK's ICO can penalize Clearview for violations, even if it operates from abroad.

xMoney, a European platform, secured $21. 5 million to revolutionize online payments....

Vienna-based enspired, an AI-powered optimizer for battery energy storage systems, secured over €40 million in Series B funding. The investment will fuel global expansion, with the first step being a partnership in Japan.

CybaVerse, a UK cybersecurity firm, secured £5 million in Series A funding to scale its SaaS platform. The investment will fuel sales, expand the team, and advance CybaOps development for SMEs and managed service providers.

Zoom offers its generative AI assistant, AI Companion, at no extra cost for paid users on eligible plans, helping businesses of all sizes. This AI tool integrates into existing solutions to assist with tasks like summarizing meetings and composing chat responses.

EDRi warns the European Commission's "Digital Omnibus" risks dismantling fundamental rights, despite claims to simplify digital policy. The initiative, expected by November 19, 2025, has drawn criticism regarding potential impacts on digital protections.

Milan-based fintech Finanz secured €700K to expand its financial education platform across Europe. The app, already helping users in Italy, aims to address the €10 trillion sitting idle in European accounts, impacting 335 million non-investors.

The enforcement of the Digital Services Act in Germany is under scrutiny, with its success depending on the perspective and stakeholders involved. The delay of the DSC-Beirat's re-establishment highlights the complexities of the DSA's implementation.

Prague-based Delta Green secured €2 million to expand its software platform across Europe, transforming homes into virtual power batteries. The company's software coordinates energy consumption by shifting usage, discharging batteries, and exporting solar power.

London-based Orbiri secures £320K to launch a community-powered platform designed to manage children's screen time. The platform will roll out next year, aiming to offer a collaborative solution against unrestricted smartphone use.

Netflix will broadcast video podcasts from Spotify on its platform in a new partnership between the streaming giants. This move targets the growing popularity of video podcasts, especially among younger audiences.

Spanish startup SLNG. ai secured €3....

OVHcloud's data center tour highlights its water-cooling system for up to 40,000 servers, aiming for maximum energy efficiency. The patented system, in development for two decades, extends hardware lifespan.

Siri's inventor, Christopher Savoie, secured over €2M for his quantum startup, SiC Systems. This agentic AI and quantum sensing tech aims to improve industrial and defense applications with funds from QDNL Participations.