đź“Š Slow recovery of the venture funding in Europe
European venture funding reached $45B in 2024, a slight drop from last year but showing signs of stabilization. Despite growth in AI investments, overall funding remains low, with fewer exits and rising debt.
While Europe’s tech scene is expanding, it’s still trailing behind the U.S. in terms of funding and valuations.
đź“Š Slow recovery of the venture funding in Europe
European venture funding reached $45B in 2024, a slight drop from last year but showing signs of stabilization. Despite growth in AI investments, overall funding remains low, with fewer exits and rising debt.
While Europe’s tech scene is expanding, it’s still trailing behind the U.S. in terms of funding and valuations.
Despite Telegram's origins, its approach to users' security has privacy advocates worried. So, uh, whenever I hear about Telegram, it’s always in relation to something bad. What gives? A Russian Telegram channel with over 700,000 followers is spreading disinformation about Russia's invasion of Ukraine under the guise of providing "objective information" and fact-checking fake news. Its influence extends beyond the platform, with major Russian publications, government officials, and journalists citing the page's posts. On February 27th, Durov posted that Channels were becoming a source of unverified information and that the company lacks the ability to check on their veracity. He urged users to be mistrustful of the things shared on Channels, and initially threatened to block the feature in the countries involved for the length of the war, saying that he didn’t want Telegram to be used to aggravate conflict or incite ethnic hatred. He did, however, walk back this plan when it became clear that they had also become a vital communications tool for Ukrainian officials and citizens to help coordinate their resistance and evacuations. Telegram has become more interventionist over time, and has steadily increased its efforts to shut down these accounts. But this has also meant that the company has also engaged with lawmakers more generally, although it maintains that it doesn’t do so willingly. For instance, in September 2021, Telegram reportedly blocked a chat bot in support of (Putin critic) Alexei Navalny during Russia’s most recent parliamentary elections. Pavel Durov was quoted at the time saying that the company was obliged to follow a “legitimate” law of the land. He added that as Apple and Google both follow the law, to violate it would give both platforms a reason to boot the messenger from its stores.
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