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The Week in Tech: PayPal acquires iZettle for $2.2bn, Mark Zuckkerberg answers to Europe and more

Hello and welcome to the Week in Tech, your weekly roundup of the top technology news stories from across the globe.

This week, we bring you the latest UK tech investment news, Paypal’s acquisition of iZettle, Tech Nation’s 2018 report into the state of the country’s technology industry and more.

Investments

INCOPRO gets $21m

Anti-fraud firm INCOPRO landed $21m from Highland Europe to develop its technology.

The technology is intended to protect brands from piracy and counterfeits. Through machine learning, the tech (dubbed ‘TALISMAN’) will be used to ‘automatically’ identify and remove IP violations.

Tackling each identified infringement typically takes between eight and 24 hours, with a 99% success rate, the company claims.

Based in London, INCOPRO was founded in 2012 by Simon Baggs, CEO and IP protection lawyer, and Bret Boivin, CTO and system architect. ...

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