Partech Ventures, an investment firm with hubs in Paris, San Francisco, and Berlin, has announced a new fund dedicated to African startups. The aptly named Partech Africa fund currently has commitments of €57 million ($ 70 million), though it’s targeting an eventual closure of €100 million ($ 122 million) with some major corporate investors already on board […]
Tag: $122
Facebook fined $122 million for misleading EU over WhatsApp deal
Enlarge (credit: Justin Sullivan/Getty Images) Facebook has been smacked with a €110 million fine by the antitrust wing of the European Commission for providing incorrect or misleading information about its acquisition of WhatsApp. Three years ago, Facebook claimed that it did not have the technical capabilities to match existing Facebook accounts with the WhatsApp accounts it […]
