Britain’s Election Promises Stability – But Specter of Brexit Keeps it Away

Brexit continues to dominate European news. France’s lurch away from established political parties was greeted in the UK as much with trepidation as excitement, as finalist Presidential candidates Marine Le Pen and…

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Holiday Inn Suffers Card Payment Hack

The company behind the Holiday Inn and Crowne Plaza hotel brands has admitted a security breach at almost 1,200 of its locations. The InterContinental Hotels Group (IHG), based in the UK, announced…

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Kreditech Learns to Innovate Like a Startup, and Work Like a Bank

Kreditech’s high-flung office offers a spectacular, 360-degree view of its hometown of Hamburg. That is, when it is sunny. When Red Herring visited the fintech firm’s HQ earlier this year, the German…

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European Jewish Leader Rebukes Google in Hate Speech Row

One of Europe’s leading Jewish figures has condemned tech giant Google, amid a growing controversy over its refusal to remove anti-Semitic videos from subsidiary site YouTube. Dr. Moshe Kantor, President of the…

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Bitcoin’s Fortunes Surge, then Plunge, in More Madness for the Cryptocurrency

Last Friday bitcoin’s value rose above gold for the first time, enthralling headline writers across the tech press. Its price of $1,290, compared to gold’s $1,228, led some to laud the arrival…

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Numerix: Building Post-Crash Fintech Momentum

by Anam Alpenia Fintech is one of the most technology-oriented sectors in the world, with a long history. At the same time when airline reservations systems transformed the airlines, Michael Bloomberg and…

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Adara Ventures MP Nicolas Goulet: “Spain is Great for Deep Tech Innovation”

Nicolas Goulet, managing partner at Adara Ventures, is a software engineer by trade. So is fellow MP Alberto Gómez. Their backgrounds are one reason why Madrid-based Adara has emerged as one of…

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Eric Schmidt’s Role in Clinton 2016 Presidential Run Leaked

Eric Schmidt, the executive chairman of Google parent company Alphabet, has been aiding Hillary Clinton’s 2016 presidential campaign since 2014. Schmidt met with John Podesta, longtime Clinton adviser, in April 2014, according…

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Ray Rothrock - VenrockRay Rothrock - Venrock

Ray Rothrock: Venture Capitalist with a Cause

Most venture capitalists embrace the career after a stint as a banker, CEO, or tech executive. Then the average tenure as a VC spans over 15 years, during which they groom two…

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More Unicorns Exited than Born in Q2 2016 – Report

Unicorn exits exceeded unicorn births in Q2 2016, according to a report. The H1 Global Tech Exits Report, conducted by CBInsights, found that for the first time in six quarters there were…

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