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Bike-sharing pioneer Mobike is retreating to China

In a telling sign of the state of bike sharing, Mobike, a once red-hot startup that attracted billions in investment capital, is closing down all international operations and putting its sole focus on China. On Friday, Mobike laid off its operations teams in APAC, which entailed more than 15 full-time employees

Youth-run agency AIESEC exposed over 4 million intern applications

AIESEC, a non-profit that bills itself as the “world’s largest youth-run organization,” exposed more than four million intern applications with personal and sensitive information on a server without a password. Bob Diachenko, an independent security researcher, found an unprotected Elasticsearch database containing the applications on January 11, a little under a

Flexciton is using AI to help factories optimise production lines

Flexciton, the London-based startup that is using AI to help factories optimise production lines, has raised £2.5 million in funding, in a round led by Backed VC. Also participating is Join Capital and company builder Entrepreneur First. The young company pitched at EF’s 6th London demo day in 2016. Riding the

Last call for Polish pitch-offs

I’m heading back to Europe to hang out in Wroclaw and Warsaw so it’s last call for pitch-off applications. I’ll be at a Wroclaw event, called In-Ference, which is happening on December 17; you can submit to pitch here. The team will notify you if you have been chosen. The winner will receive

DeepMind claims early progress in AI-based predictive protein modelling

Google -owned AI specialist, DeepMind, has claimed a “significant milestone” in being able to demonstrate the usefulness of artificial intelligence to help with the complex task of predicting 3D structures of proteins based solely on their genetic sequence. Understanding protein structures is important in disease diagnosis and treatment, and could improve

Floom, the online marketplace and SaaS for florists, receives $2.5M seed

Floom, the online marketplace and SaaS for independent florists, has raised $2.5 million in a seed funding. The round was round led by Firstminute Capital, and will be used by the London headquartered startup to continue to expand to the U.S., where it already operates in New York and L.A.,

What America Can Learn from Europe About Attracting Top Talent?

Not that surprisingly, there are 9 European nations in the top 10 list of countries that are the best at developing, attracting, and retaining top-talent, a new IMD Business School study found. The United States, home to six of the top ten universities preparing workplace-ready graduates, did not make the

Upflow turbocharges your invoices

Meet Upflow a French startup that wants to help you deal with your outstanding invoices — the company first started at eFounders. If you’re running a small business, chances are you’re either wasting a ton of time or a ton of money on accounts receivable. Most companies currently manage invoices using

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