Thursday, November 23, 2017
Portuguese new legislation for short term property rentals.
More rigorous legislation was approved in Portugal to regulate short-term rental properties. From July 1, 2017, properties posted on Airbnb, Booking, Homeaway and other platforms will need to be enrolled on the national tourism register. To be allowed to advertise on such platforms, property owners will have to fill in a required field with the registration number of their accommodation....
Luis Caixado ViaNews interview
Right at the heart of the Web Summit we met with the co-founder of JustEnjoy, Luis Caixado. JustEnjoy is about delivering memorable moments for families during their holidays. They have a ready to use package with a specially selected group of toys and props to help the children engage with the city on their terms. It's delivered to the hotel...
Novo Banco - Image Credit João Ramos
The Banco de Portugal, the institution regulating the Novo Banco sale, was hoping for higher bids, but only got Apollo to raise their offer. According to Banco de Portugal, out of the three contenders, only the American Apollo company increased the bid for the “Novo Banco” buyout. The two other Chinese competitors, Fosun, and Anbang didn’t raise their bids. Novo...
Exploded Samsung note7.
Samsung has halted all Note7 production after new reports of replacement phones getting overheated and having battery problems. All major carriers in the US are now allowing customers to return their phones. After the Samsung's Note7 problems, the company is now turning into the new galaxy S8 with more cutting edge features. It all started in early September with reports of...
Netflix home page message today
Marc Randolph and Reed Hastings co-founded Netflix in 1997 and built the company to today's 65 million subscribers. They are now one of the most successful on-demand Internet streaming media services in the world. Reed Hastings, in an Interview to the Portuguese daily "Expresso", said the new support center for the South European region to be based in Lisbon. Sunny...
Novo Banco sale postponed.
Negotiations have failed between Novo Banco and its buyers Apollo, Anbang, and Fosun. Rumors seem to indicate Banco de Portugal to re-enter negotiations with Apollo before the final decision to postpone the sale to 2016. The last standing bid offer from the Chinese Fosun company was 1.5 billion Euros ($1.7 billion) that was about half the required original offer amount...
MoneyConf moves to Dublin in 2018
Web Summit CEO, Paddy Cosgrave, is bringing MoneyConf to Dublin. According to a company statement, "Brexit is transforming Dublin as a financial centre" so they're moving the fintech conference, MoneyConf, back to "hometown Dublin." "Brexit is transforming Dublin as a financial centre. Major banks, credit card companies and fintech startups have all signed leases in recent months. JP Morgan is...
Great Hall of the People. Photo by: Thomas Fanghaenel.
For years, China has had a famously tight grasp on the value of its currency. In 1994, the Chinese government pegged the yuan to an $8.28 exchange with the US dollar and have since allowed this fixed exchange rate to appreciate by 2.1% each year. In doing this, China eliminates a variable when conducting its monetary policy and also...
Kenya election riots.
This year's elections have been peaceful, but there are claims and counter claims regarding the results. From the day leading up to elections, companies reduced operations or shut down temporarily to allow staff to go to their rural homes to vote. The concerns about safety played a large part in convincing companies to reduce operations. Some companies went as far...
Theresa May
The International Monetary Fund’s Global Financial Stability report makes the case of how crucial the European Union is to the Uk's finance industry. The GFSR (Global Financial Stability Report) is a report by the IMF that's published twice a year and which draws out the financial ramifications of economic issues highlighted in the IMF’s World Economic Outlook (WEO). On page 45...
Quadranet INC
Crissic Solutions LLC sale to Quadranet INC is now confirmed. The sale was a surprise to most Crissic customers when they saw the official sale confirmation on a popular Internet forum. Crisic Solutions, LLC is a Springfield company specialized in unmanaged VPS (virtual private servers) services. Its owner, Skylar MacMinn, managed to develop the business and amass a fair number...
Miguel Carvalho - President of the Federation for Business Angels Network.
Miguel Henriques is the president of the Portuguese Federation for Business Angels' Network (FNABA). FNABA has 17 affiliate clubs, including the Lisbon's Business Angels Club which is now celebrating its third anniversary. We met with Miguel Henriques for an interview where he talked about entrepreneurship, the kind of investment business angels look for, and the participation of women in...

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Europe

Sutton Grammar School. Lower school pupils. Photo by: Grempletonian.

Britain’s Grammar Schools Exclude Struggling Students To Maintain Their League Table Position

Highly selective schools are failing to take responsibility when pupils fail to meet their potential by excluding them from A level courses. Some of Britain’s Grammar Schools are coming under fire for removing pupils from...
New York protest "Holding hands for Catalan independence". Photo by: Liz Castro.

Europe’s Separatist Movements: What brings them together and what holds them apart – Spain,...

London, United Kingdom (ViaNews) - “The Catalan crisis poses a threat to the European order” warned the Financial Times on October 6, following the state’s independence referendum a few days before. 3 years ago...
Founder of JustEnjoy, Luis Caixado, at the Web Summit.

JustEnjoy Founder talks about the relation between his tourism related startup and Canopy Lisbon

At the Web Summit, we met with the founder of JustEnjoy, Luis Caixado. He's also Community Manager at the coworking and incubation community for entrepreneurs, Canopy Lisbon. Luis Caixado explained how he's now working...
Anthony Zador interview at the Web Summit.

Leading neuroscientist explains where Artificial Intelligence and neuroscience meet, and the dangers ahead

Anthony Zador is Chair in Neuroscience and Professor of Biology at the Cold Spring Harbor Laboratory, wherein 1953, Watson made the first public presentation of DNA's double-helix structure. Mr. Zador went to this year’s...
Secretary-General of the United Nations, Antonio Guterres, at the Web Summit. Photo by: Miguel Salvado.

Web Summit: UN chief Guterres appealed to “a serious discussion on the impacts of...

Antonio Guterres' speech at the Web Summit was about unity. His intentions were clear, he wants to bring all the main players and technology together for the "common good of the societies of tomorrow". Following...
Zeynep Tufekci. Photo by: J.D. Lasica.

Techno-sociologist Zeynep Tufekci: The problem is “how people in power will use AI to...

Istanbul, Turkey (ViaNews) - Zeynep Tufekci is a Turkish writer and a self-described "Techno-sociologist" writing about the influence of technology on politics and society. In April this year, the Yale University Press published her book...

Politics

Donald Trump meeting with the Freedom Caucus. Photo by: White House.

Republican Albatross

New York, USA (VIAnews) - The lead character of Samuel Tayler Coleridge’s ‘The Rime of the Ancient Mariner’ wore an albatross hung around his neck. It served as a symbol of his hubris, which...
RSI Office in Paris, france.

President Macron Cuddles the Self-Employed

After many years of a love/hate relationship, millions of French entrepreneurs are on the verge of witnessing a reformed RSI, the social regime of the self-employed. National widespread debate continues about the impact of...
From left to right: Branislav Nedimovic, Ana Brnabic, Igor Mirovic. Photo by:mediaportal.vojvodina.gov.rs.

Is Serbian First Female Premier a Disappointment?

Two months ago, newly elected Serbian President Aleksandar Vucic appointed Ana Brnabic to succeed him as Prime Minister. Many were surprised, and some had great expectations. Serbia got its first female PM in post-communist...
Chavista allegedly by Guarimberos.

Understanding Venezuela Today: From US Best Provider to National Threat

Caracas, Venezuela (VIANEWS) - On the 18th of August, United States President, Donald Trump, threatened to impose sanctions against several members of President Nicolás Maduro’s office. In 2016, his predecessor, President Barack Obama, had...
Kenyatta wins Kenyan elections.

Wave of uncertainty as President Kenyatta wins heated Kenyan elections

Nairobi, Kenya (ViaNews) - There has been widespread unrest in some parts of Kenya following the announcement of the presidential election results, by the Independent Electoral and Boundaries Commission (IEBC), which essentially granted Uhuru...
Nawaz Sharif

Prime Minister of Pakistan Ousted From Office Based on Corruption Charges

The 18th Prime Minister of Pakistan, Nawaz Sharif, resigned, following a decision from the supreme court disqualifying him from office. Mr. Sharif was just a few months away from becoming the first Prime Minister...

Business

Founder of JustEnjoy, Luis Caixado, at the Web Summit.

JustEnjoy Founder talks about the relation between his tourism related startup and Canopy Lisbon

At the Web Summit, we met with the founder of JustEnjoy, Luis Caixado. He's also Community Manager at the coworking and incubation community for entrepreneurs, Canopy Lisbon. Luis Caixado explained how he's now working...
Independence square in Kiev, Ukraine.

The growing IT-Sector in Kyiv, Ukraine

For the last decade, the IT industry in Ukraine reached its heyday. Currently, 100 000 IT specialists are employed in Ukraine, and 13 national IT companies were included in the list of TOP-100 best...
RSI Office in Paris, france.

President Macron Cuddles the Self-Employed

After many years of a love/hate relationship, millions of French entrepreneurs are on the verge of witnessing a reformed RSI, the social regime of the self-employed. National widespread debate continues about the impact of...
Great Hall of the People. Photo by: Thomas Fanghaenel.

Blockchain Loses a Link: What the Chinese Crackdown Means for Cryptocurrencies and ICOs

For years, China has had a famously tight grasp on the value of its currency. In 1994, the Chinese government pegged the yuan to an $8.28 exchange with the US dollar and have since...
Kenya election riots.

Business Slow After Elections in Kenya

This year's elections have been peaceful, but there are claims and counter claims regarding the results. From the day leading up to elections, companies reduced operations or shut down temporarily to allow staff to go...
Brett King Via.news interview

“Does Banking have a Future?” Brett King, CEO of Moven, explains

Brett King hosts one of the most popular FinTech Radio Show in the world, "Breaking Banks," and founded the New-York based start-up called "Moven" with its concept of a downloadable bank account. Mr. King...