The Priceline Group has signed a deal to acquire UK and Denmark-based travel search site Momondo Group for $550 million in cash. Momondo offers a metasearch engine for hotels, flights, and cars in Europe. Priceline bought the company from its previous owner Great Hill Partners, a private equity firm that invested $130 million in the Momondo Group in 2014 taking a majority stake.
Ha Duong, a former associate at Techstars, has compiled a very exhaustive list of European artificial intelligence and machine learning startups. Check it out!
Sean Randolph, senior director of the Bay Area Council Economic Institute, shares his views on Europe’s ability to innovate and ‘find its way again’.
In this guest post, researcher and author Boyd Cohen argues that Europe will overtake the US as the dominant global innovation hub, and explains why.
Erika Mann, the former Member of the European Parliament who went on to lead Facebook’s public policy efforts in Europe, is stepping down from her highly visible role, Politico Europe reports. It’s unclear what Mann, who also sits on the board of ICANN, will be up to next. Her role at the social networking juggernaut […]
Jochen Hummel knows a lot about the language technology industry, and argues that Europe needs to bake multilingualism into its Digital Single Market strategy.
Today, members of the European Parliament voted on a proposal (PDF) for rules affecting how Internet traffic is managed, following the European Commission’s release of a draft agreement for regulation back in June. And Europe’s lawmakers have decided Europe doesn’t need a truly open, free Internet. European (and American) technology companies and investors, independent observers, […]