Mobile device maker HMD Global has announced a $230M Series A2 -- its first tranche of external funding since a $100M round back in 2018 when it tipped over into a unicorn valuation. Since late 2016 the startup has exclusively licensed Nokia's brand for mobile devices, going on to ship some 240M devices to date. Its latest cash injection is notable both for its size (HMD claims it as the third largest funding round in Europe this year); and the profile of the strategic investors ploughing in capital -- namely: Google, Nokia and Qualcomm.
Home rental startup Airbnb said on Wednesday it supported the development of a digital services tax regime being discussed by the Organisation for Economic Co-operation and Development (OECD) to bridge a divide between the United States and Europe. The OECD talks involve over 100 countries on a major rewrite of global tax rules to bring them up to date for the digital era, but they have so far not produced results as the negotiations have been complicated by the coronavirus pandemic. "The almost century-old system we still use today was not designed with today's increasingly digital economy in mind and it should be improved," Airbnb said in a statement backing the OECD talks.