Google said today it will allow developers of non-gaming apps on the Play Store to provide alternative billing systems for in-app transactions and purchases for users based in the European Economic Area (EEA). The company’s move comes after the European Parliament passed the Digital Markets Act (DMA) earlier this month to force tech giants like…
What if museums were curated and funded by the internet, and allowed pieces to stay close to their cultural roots, displayed in a context that made sense? Native art in native museums, religious artifacts shown in temples, mosques and churches, and so on? That’s the premise of Arkive, which just raised a $9.6 million round…
Rolls-Royce and Hyundai are partnering to develop a fuel-cell electric propulsion system for advanced air mobility. The collaboration, announced Tuesday at the Farnborough Airshow in the U.K., will combine Rolls-Royce’s aviation expertise with Hyundai’s hydrogen fuel cell technology. Together, the automakers aim to deliver a joint fuel-cell electric aircraft demonstration by 2025. Aerospace could be…
Munich-based AM Ventures just closed a $100 million fund focusing specifically on the early growth stages of industrial and commercial 3D printing applications. Investing internationally, the firm went from a de facto family office to a multi-LP VC firm. The firm’s portfolio to date spans 18 companies across three continents. It lists Headmade Materials, LightForce…
Claymation and its originator, Will Vinton, get the documentary treatment in the upcoming film Claydream. In the trailer, we see a quick taste of Vinton’s impact. On top of revolutionizing animation in the ’80s and ’90s, he also created iconic characters such as the California Raisins and Domino’s The Noid. Vinton and his colleagues were…
Samsung’s new foldable phones are coming, and we’ve got pictures to prove it. Leaker Evan Blass and 91mobiles have released the first official-looking images of Samsung’s upcoming foldable smartphones, the Samsung Galaxy Z Fold 4, and the Samsung Galaxy Z Flip 4. First up, the Fold 4. We don’t get to see the device from…
Your workplace Google Chat groups are about to get a lot bigger thanks to a new upgrade to the platform. Google says that it is upgrading its chat software in order to “boost communication and collaboration for teams of all sizes”, as going forward, up to 8,000 members can now be added to a Google Chat…
AP Images Professional investors’ pessimistic views of the stock market has hit extreme levels.Bank of America’s fund manager survey showed cash levels among investors is at the highest level since 2001.The confluence of extreme pessimism suggests the stock market will rally in the second half of the year, BofA said. The stock market is poised…
Goldman Sachs analysts have to train for two years before working with the bank’s wealthiest clients. Kingfisher Productions Private banks cater to the wealthiest clientele, who typically have at least $10 million in assets. The advisor training can take years and spans from case studies to voicemail training. Insider spoke to 4 top banks about…
IMF Managing Director Kristalina Georgieva. Getty Images Europe could crater into a recession without Russian gas deliveries, the IMF warned Tuesday. Nations would have to pool scarce supplies and impose price caps to try and avoid major recessions, it added. A top EU official doesn’t believe Russia will resume Nord Stream 1 gas flows on…