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SIM Card Fraud is Real and Damaging – Here’s How to Stop It

July 25, 2017

That tiny chip buried deep in smartphones, which requires a pin-like device to remove, might seem securely locked away. But the lack of physical access to SIM cards doesn’t make them immune…

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Dingit.tv Fights on Four Fronts for Gaming’s Unique Demographic

July 19, 2017

As we’ve discussed before at Red Herring, esports is no flash in the pan. Millions turn out to watch its biggest events, and many more tune in to play and experience it…

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Can SoundCloud Suddenly Find a Revenue Stream? Probably Not

July 17, 2017

Alex Ljung, SoundCloud’s embattled CEO, has struck an odd chord in recent days. The empire he built from scratch in 2008 is collapsing around him: Last week the Berlin-headquartered streaming service fired…

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Esports are at an Inflection of Digital Media and Modern Culture

July 12, 2017

Last Friday Red Herring attended the ESL One esports event in Cologne, Germany. Thousands packed out the city’s Lanxess Arena, roaring whenever an impressive kill was made during the three-day Counter Strike: Global Offensive…

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Istanbul Continues to Grow as a Global Startup Hub – Despite its Sultan’s Power Grab

July 6, 2017

These are strange times in Turkey. In 2015 President Recep Tayyip Erdogan barely clung onto power in an unconvincing election victory,  just two years after popular protesters swept through Turkey from Istanbul’s…

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Report: Israeli High-Tech Exits Way Down in 2017

July 5, 2017

Israeli high-tech exits in the first half of 2017 have fallen far short of their total this time last year, according to a report. The IVC-Meitar Exits Report today discovered that the…

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Delivery Hero and Deliveroo to Win Big in a Foodie Week for Tech

July 3, 2017

Last week it was Delivery Hero’s successful IPO, which has valued the Berlin company at over $5 billion. This week it’s the turn of London’s Deliveroo, whose Uber-like platform has whetted the…

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Google Faces Record Fine over Search Results

June 27, 2017

The European Commission has fined Google €2.42 billion ($2.7bn), a record amount, for breaching its antitrust rules. It deemed the company has abused its power as the world’s leading search engine, by manipulating…

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Yesss! How Axel and Boris Aren’t Your Average German Tech Investors

June 23, 2017

According to Axel and Boris’ LinkedIn account (they share one), they are based in Berlin, Copenhagen, Liechtenstein, Stockholm and Monterrey. Neither are they merely entrepreneurs, but ‘visionaries’, keen to inject their particular…

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Ukrainian Innovators Make Break for Energy Independence

June 21, 2017

Amid the fallout of Ukraine’s continued eastern conflict, its energy sector has come under intense scrutiny. The 2014 annexation of Crimea wrested a huge amount of energy potential away from the former…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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