Angela Merkel to startups and entrepreneurs:

Angela Merkel to startups and entrepreneurs: "Can we be friends?"

It's quite a love fest in startup world. There was Neelie Kroes recently in Brussels calling them "rebels without a cause" and saying she had decidedly motherly feelings about entr...


Google tells European publishers: "No more money for you"

Google seems to draw a line in the sand. After a deal with the Belgian publishers to settle an old law suit about indexing news stories and a French € 60 million innovation fund, it says it has no further plans to sponsor legacy media. Francisco Pinto Balsemao, head of the European Publishers Council told Reuters last week that he thought Google should pay all the European publishers, instead of just the Belgian... Read more

Is Lars Hinrichs going to space next?

Lars Hinrichs (Xing, HackFwd) seemed to indicate on Twitter that he's going to space: Just filled out my current & past medical status for #virgingalactic — Lars Hinrichs (@LarsHinrichs) February 12, 2013 I guess that would make him one of the first European entrepreneurs to go to space. I asked him for more info via Twitter. Virgin Galactic is Richard Branson's spaceline which plans to operate a fleet... Read more

Neelie Kroes: "No room for investments in broadband networks"

Neelie Kroes has blogged about her disappointment about the cuts in the EU's 7-year budget - cuts that have a big impact on her department. Originally, the Connecting Europe Facility (CEF) had € 50 billion allocated to it. After budget cuts demanded by David Cameron, however, only € 29,3 billion will be allocated to the CEF - which leaves just € 1 billion for Neelie Kroes' broadband and digital services, ins... Read more

Twitter & American Express introduce "pay with a tweet": the future of e-commerce?

The announcement that Twitter now offers a fully integrated payments service on its platform via American Express doesn’t come as a real surprise. The logical extension of both companies’ existing collaboration just makes sense, and is in fact good news. The US card mogul started integrating with major social networks a while ago, including Facebook and Twitter. Amex’ Twitter Sync already allows customer... Read more

TomTom results 2012: people aren't buying GPS units anymore

TomTom saw its annual revenue decrease in 2012 with 17 per cent - finishing at just over € 1 billion (€ 1,06 bn). TomTom expects revenue in 2013 to decline further to somewhere between € 900 and 950 million. Net result was € 129 million, compared to a negative net result of € 438 million in 2011. TomTom is repositioning itself as a service provider for navigation - it's even venturing into taxi apps. But... Read more