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South Korean Government Sets Aside $880m for Blockchain

August 16, 2018

South Korea’s government has ringfenced $880 million in its annual budget next year, to invest in high-innovation technology – particularly the blockchain. In a release issued on Tuesday, the country’s deputy prime…

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As Net Neutrality Gavel Falls, a Dark Day for Internet Freedom

December 14, 2017

FCC chairman Ajit Pai is expected to repeal net neutrality today, bookending one of the most controversial topics ever to pass through the agency. The debate, which has included stolen identities, open…

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Malta’s Government: “Our Next Step is Blockchain”

September 3, 2017

Red Herring recently reported on the small but burgeoning tech scene evolving in Malta, one of Europe’s smallest nations. Keith Abela, of the country’s financial services, digital economy and innovation secretariat outlines Malta’s…

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Taiwan’s Government Pours $527m into AI Capability

August 21, 2017

Taiwan’s government has announced plans to invest NT$16 billion ($527m) into the country’s artificial intelligence (AI) capability over the next four to five years. Its Ministry of Science and Technology has pledged…

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WhatsApp Encryption at Center of London Terror Storm

March 27, 2017

Messaging service WhatsApp has been accused by the British government of giving terrorists “a safe place to hide”, after refusing to hand over messages communicated by the perpetrator of last week’s deadly…

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European Jewish Leader Rebukes Google in Hate Speech Row

March 21, 2017

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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Austria’s Tech Scene is Moving from an Emperor to Entrepreneur Mentality

March 14, 2017

A little over a hundred years ago, Vienna was known as the ‘Golden Apple’, the beautiful heart of the Austro-Hungarian Empire. Today it is still a city rich in culture and economically…

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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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