Business & Technology

Khosla Ventures to open first office outside Sand Hill Road — in New York
Venture capital firm Khosla Ventures will open its first office outside California this fall, choosing New York City. Partner Keith Rabois announced the move at a TechCrunch event.
TechCrunch · 12 Sept, 00:46

Leak reveals premium specs for Lenovo's upcoming Googlebook 15 laptop
New leaked details suggest Lenovo is preparing a high-end laptop for Google's upcoming Googlebook platform, featuring a high-resolution OLED display and a powerful Intel chip. The device appears set to be pricier and more advanced than typical Chromebooks.
Engadget · 11 Sept, 23:47

One week left to secure an exhibit table at TechCrunch Disrupt 2026
Companies wanting an exhibit table at TechCrunch Disrupt 2026's Expo Hall must book by September 18. Organizers warn tables are limited and may sell out before the deadline.
TechCrunch · 11 Sept, 23:43

Scientists use thunder-triggered vibrations to map what lies underground
US researchers used fiber-optic cables to detect tiny ground vibrations caused by thunder, creating underground maps in the process. The method could offer a cheaper way to spot hazardous underground spots in the future.
Latvijas Avīze · 11 Sept, 22:48
iPhone 18 Pro vs Pixel 11 Pro: Comparing Apple and Google's New Flagships
Apple and Google have released their latest flagship smartphones, the iPhone 18 Pro and Pixel 11 Pro, both offering upgraded cameras and expanded AI features but no compelling reason to switch ecosystems.
Engadget · 11 Sept, 22:47

China's Moonshot AI eyes $2 billion annual revenue by year's end
Chinese AI lab Moonshot AI, maker of the popular Kimi model, is aiming to double its annualized revenue to $2 billion by the end of the year. The push comes as Anthropic accuses the company of improperly using its Claude Opus model to train Moonshot's own systems.
TechCrunch AI · 11 Sept, 22:44

Anthropic researcher quits with superintelligence warning as company reportedly eyes IPO
An Anthropic researcher resigned this week, warning on X that the company is racing toward self-improving superintelligence and gambling with humanity's future, a message co-signed by the firm's alignment lead. The warning's timing stands out as Anthropic is reportedly preparing for an IPO.
TechCrunch AI · 11 Sept, 21:44

Matt Mullenweg reportedly reinstated as Automattic CEO days after being sidelined
Automattic co-founder Matt Mullenweg says he's back in control of the company just two days after the board placed him on paid leave. Automattic, owner of WordPress.com, Tumblr and Beeper, has not officially confirmed the reversal.
The Verge · 11 Sept, 20:48

Rēzekne power tool maker «Rebir» to be liquidated after nearly 60 years
Shareholders have decided to liquidate «Rebir», a Rēzekne-based maker of power tools and equipment, after its products were added to a sanctions list, leaving the company with no clear future prospects. The decision was made at a repeated extraordinary shareholders' meeting.
LSM · 11 Sept, 20:44

Vergecast breaks down Apple's new iPhones, Watches, and local AI on Mac
The Verge's Vergecast podcast reviewed Apple's latest launch event, covering the new iPhones, the folding iPhone Duo, and new Apple Watches. The episode also featured a segment on running local AI language models on Mac.
The Verge · 11 Sept, 19:49

UK thinktank urges early tax on self-driving cars to offset job losses
The Centre for British Progress thinktank says the UK should tax self-driving vehicles now to curb congestion and cushion the impact on private hire drivers, while firm Wayve warns such a levy would punish innovators.
The Guardian World · 11 Sept, 19:46
Trump dismisses concerns over AI's existential risks
US President Donald Trump has said he has no concerns about AI's existential risks, saying his focus instead is on keeping American technology ahead of China.
Politico Europe · 11 Sept, 19:44

Mullenweg claims he's back in control of Automattic after CEO ouster
WordPress founder Matt Mullenweg posted in Automattic's Slack claiming the board has reconciled and he is once again in charge, just days after being voted out as CEO. Automattic has not yet officially confirmed the claim.
TechCrunch · 11 Sept, 18:47

Kocēni conference discusses benefits wind farms bring to regions
Experts, municipal representatives and entrepreneurs gathered in Kocēni, Valmiera municipality, on Friday to discuss how wind farm development could benefit local communities. The conference examined whether wind energy can become a driver of regional development.
LSM · 11 Sept, 18:44
Leaked images may reveal Meta's slim 'Project Phoenix' headset design
Images have surfaced online just weeks before Meta Connect that appear to show the design of Meta's in-development 'Project Phoenix' headset, a device that looks like something between full VR gear and smart glasses.
The Verge · 11 Sept, 18:43

Ethereum price in September 2026: consolidating near $2,500
In mid-September 2026 Ethereum is trading in a tight range around $2,400–2,500, with analysts split between cautious optimism and expectations of continued sideways movement amid mixed macroeconomic signals.
5 avoti · 11 Sept, 17:53

Meta says it's fixing AI prompts after they probed for personal details about a user's children
Meta has confirmed it is adjusting its AI assistant after a viral video showed it trying to gather personal information about a woman's young daughters. The company says the feature should never have surfaced such questions.
The Verge · 11 Sept, 17:46

Estonian court dismisses Pakrineeme Sadam's €2.77 million claim against Elering
Harju County Court has dismissed port operator Pakrineeme Sadam's €2.77 million claim against grid operator Elering, along with an alternative €100 million damages claim, ruling no lease agreement ever existed between the parties.
ERR (rus) · 11 Sept, 17:45

Two new members elected to Latvenergo's supervisory board
Latvenergo's shareholders meeting has elected two new supervisory board members, Jūlija Zandersone and Uldis Upenieks, while Kaspars Rokens has stepped down.
Dienas Bizness · 11 Sept, 16:49

Natural gas may cost more than last winter as European storage levels lag
Low natural gas storage levels across Europe and geopolitical uncertainty could keep prices higher than last year throughout the heating season. Latvenergo stresses, however, that Latvia faces no risk of physical gas shortages.
Jauns.lv · 11 Sept, 16:45

Trezor warns customers again after data breach at email marketing provider Brevo
Hardware crypto wallet maker Trezor has disclosed that hackers who breached its email marketing provider Brevo sent roughly 347,000 phishing emails to its customers. It is the second such supply-chain incident to hit Trezor in recent months.
TechCrunch · 11 Sept, 16:44

USD/CHF nears key resistance around 0.8145–0.8150
The US dollar/Swiss franc exchange rate continues to climb, approaching a significant resistance level that analysts see as a potential turning point or a signal for further consolidation.
2 avoti · 11 Sept, 15:52

European Commission pushes all-English trade deals despite French opposition
The European Commission sent the EU-India trade deal to member states for ratification on Friday in English only, aiming to speed up the process, but France continues to object to the lack of translation.
Euronews Business · 11 Sept, 15:45

Researchers: Learning a musical instrument in childhood boosts brain plasticity
Latvian researchers say that learning music in childhood trains several brain functions simultaneously and, in the long run, helps reduce stress and maintain alertness.
LSM · 11 Sept, 15:44

Office Buildings on Antonijas Street Named Concrete Building of the Year 2025
The Latvian Concrete Association has named an office complex on Antonijas Street in Riga as Concrete Building of the Year 2025, praising its thoughtful use of concrete in both structure and facades. The buildings have achieved near-zero energy performance and LEED Platinum certification.
Dienas Bizness · 11 Sept, 14:46

Estonian drone maker Krattworks hires former central bank governor Madis Müller
Estonian drone manufacturer Krattworks has hired former Bank of Estonia governor Madis Müller as a financial adviser. The company's turnover grew almost 28-fold over the past year.
ERR (rus) · 11 Sept, 13:46

Green becomes the rising star of car colors as brown fades away
More than 100,000 new green cars were registered in Germany in 2025 — the highest figure in over 20 years — while brown vehicles continue losing popularity.
iAuto.lv · 11 Sept, 13:43

NestAI expands its operations in Latvia
The company NestAI has opened a research and development center in Latvia focused on artificial intelligence solutions for defense. The center will work with armed forces stationed on NATO's eastern flank and with the defense industry.
Labs of Latvia · 11 Sept, 12:49

Bazara 0 Fight Club to double camera count for fourth combat show
Bazara 0 Fight Club, which sold out Xiaomi Arena in January and set a Latvian pay-per-view record, holds its fourth fight night on September 12 with upgraded broadcast technology and several high-profile bouts. Organizers say the event could mark the end of an era before considering international expansion.
Dienas Bizness · 11 Sept, 12:47

Researcher warns AI arms race could outpace ability to keep systems under control
AI safety researcher Jacob Coxon warns that the race between companies to build more powerful artificial intelligence may be outpacing efforts to develop reliable ways to keep such systems under control. He stresses the risks go beyond a hypothetical AI uprising, including misuse for cyberattacks and disinformation.
iAuto.lv · 11 Sept, 11:48
Russia launches first commercial 5G networks, but only in 16 cities so far
Russia's Digital Development Ministry has announced the launch of the country's first commercial 5G networks, initially covering 16 cities and roughly 10 million people. Coverage is planned to expand to 50 more cities by the end of 2026.
Meduza · 11 Sept, 11:46

European defense AI firm NestAI to invest €10 million in Latvian R&D center
European defense artificial intelligence company NestAI plans to establish a research and development center in Latvia, investing €10 million and creating 30 jobs for scientists and engineers. The move follows the company's August announcement of launching operations in Sweden.
Dienas Bizness · 11 Sept, 10:48

One killed in truck and car collision in Ādaži region
A truck and a passenger car collided in the Ādaži region on Thursday evening, killing one person. Latvia recorded 135 traffic accidents that day, injuring 14 more people.
iAuto.lv · 11 Sept, 10:47

ECB raises interest rates to curb rising prices in the eurozone
The European Central Bank has raised interest rates by 0.25 percentage points as the ongoing Middle East conflict keeps pushing up energy costs and inflation in the eurozone. Bank of Estonia's Ulo Kaasik says risks remain elevated, though the region's economy has stayed resilient.
ERR (rus) · 11 Sept, 10:47

Anthropic says it disrupted AI-driven surveillance schemes in China, Iran and West Africa
AI company Anthropic reported it detected and shut down several state-backed surveillance operations that misused its AI models between January and July. The firm warned that governments are increasingly turning to AI to track dissidents and ethnic minority groups.
France 24 · 11 Sept, 10:44

ESA awards The Exploration Company €760 million cargo capsule contract under ALADDIN programme
The European Space Agency has signed a €760 million contract with The Exploration Company to build Europe's first commercial cargo capsule for the ISS, days after the firm closed a €387 million funding round.
EU-Startups · 11 Sept, 10:44