Paul Sawers
Global Screening Services (GSS), a London-based regulatory compliance platform that helps financial institutions meet their global sanctions obligations, has raised $47 million in a round of funding.
The raise comes amid a spike in economic sanctions, with the U.S. issuing trade-restrictions and asset-blocking against states including Russia, China, Iran, and...
As Apple faces down the barrel of a U.S. Department of Justice’s (DOJ) antitrust lawsuit, one might assume that references to the Cupertino company’s existing anti-competitive headwinds in Europe would be peppered liberally throughout the DOJ’s complaint — just for a little extra context and moral support, if nothing...
GitHub’s chief legal officer, Shelley McKinley, has plenty on her plate, what with legal wrangles around its Copilot pair-progammer, as well as the Artificial Intelligence (AI) Act, which was voted through the European Parliament this week as “the world’s first comprehensive AI law.”
Three years in the making, the EU AI...
Microsoft has revealed that it too will allow business customers to transfer data out of its Azure cloud infrastructure with no so-called “egress fees” attached, following hot on the heels of similar moves by cloud rivals AWS and Google.
While Microsoft positions the announcement as a voluntary pro-customer move, the...
Proton Mail, the end-to-end encrypted (E2EE) email service from Swiss company Proton, is now officially available via a dedicated desktop app some three months after debuting in beta.
However, despite previous claims that the client would be available to all Proton Mail users in early 2024, the company has decided...
A young startup is setting out to help enterprises cut their cloud costs by writing “more efficient” code — and it has secured $6.8 million in fresh funding from notable backers including Alphabet’s GV, Spark Capital and Lightspeed.
Polar Signals, as the company is called, kicked off its seed round...
Spotify has revealed plans to increase subscription fees in France, in response to a planned new tax directed at all music-streaming services operating in the country.
The move comes nearly three months after the company vowed to begin disinvesting in France, initially pulling support from two festivals with the promise...
Danish startup Whistleblower Software is rebranding as Formalize as it expands into the broader compliance software sphere — and it has raised a fresh €15 million ($16 million) to fund the expansion.
The announcement comes as the compliance software market has exploded, due in large part to growing regulatory pressure...
Punkt first made a name for itself in the world of mobile with pared-down, monochromatic phones focused on voice, text and not much else. Now, the Swiss company has taken its concept of minimalism and changed it up, with the launch of its first smartphone — a device that...
TikTok is introducing a data portability API to help it comply with new European regulations designed to rein in Big Tech’s market dominance through various obligations and restrictions.
The European Union (EU) assigned “gatekeeper” status to six tech companies last September, with TikTok parent Bytedance placed in the regulatory firing...
