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Notion raises new fund to become Europe's biggest cloud financier

By Eric Auchard FRANKFURT (Reuters) – British venture capital firm Notion Capital is raising a third fund that will make it Europe’s largest bankroller of cloud-based business software start-ups, the company said on Thursday. The London-based firm said it had initially raised $120 million in a new fund for cloud computing and Software as a Service (SaaS) companies and is targeting upwards of $150 million once fundraising for the round

Daimler says hacking concerns drive Nokia maps bid

Daimler Chief Executive Dieter Zetsche said a desire to have better control over data security was one of the reasons Mercedes was bidding for Nokia’s high-definition mapping business. In a call to discuss second-quarter results, Zetsche was asked whether he was concerned about hacker attacks on Mercedes-Benz cars. “You can see from reading the papers that we are trying to acquire a platform together with our German competitors, to gain