Business & Technology
Merko Mājas begins construction of second building in Lucavsala project in Riga
Developer Merko Mājas has started building the second residential building in its Lucavsala quarter in Riga, offering a wider range of apartments and expanding the landscaped grounds. Only the last larger apartments remain unsold in the first building.
Dienas Bizness · 25 Aug, 09:39
Paris and Saudi Arabia sign deal for three theme parks near the capital
France and Saudi Arabia have signed a letter for a six-billion-euro investment to build three theme parks near Paris. The deal was announced during a visit by Crown Prince Mohammed bin Salman that has drawn strong criticism in France.
Euronews Business · 25 Aug, 09:38
/nginx/o/2026/08/25/17875283t1ha902.jpg)
Latvian scientists create Styrofoam alternative from fungal mycelium
Latvian researchers have developed a biodegradable material from fungal mycelium and wood processing residues that could replace Styrofoam in packaging. The development was announced by a representative of the Latvian Mycological Society.
TVNET · 25 Aug, 08:41
/nginx/o/2025/06/04/16893744t1he55b.jpg)
Economist: Latvia currently has no room for significant tax cuts
Luminor Bank's chief economist Pēteris Strautiņš says Latvia currently has no capacity for meaningful tax reductions, and any such promises made during an election campaign would only be decorative. He warns that such pledges would signal a party's weak grasp of reality.
Apollo.lv · 25 Aug, 08:41
World stock markets mostly fall as investors await US inflation data and Nvidia earnings
Global stock markets mostly declined on Monday as investors awaited upcoming US inflation figures and Nvidia's earnings report. Oil prices also fell.
Dienas Bizness · 25 Aug, 08:38
Crisis management centre urges more self-reliance after Latvia's storm
After a destructive storm, Latvia's Crisis Management Centre is calling on residents to prepare better for future outages while the government drafts proposals on municipal action and inter-agency data sharing.
iAuto.lv · 25 Aug, 08:35
NASA prepares to launch the Nancy Grace Roman Space Telescope
NASA is set to launch the Nancy Grace Roman Space Telescope on August 30, with live coverage starting early that morning. A backup launch attempt is scheduled for August 31 if needed.
Engadget · 25 Aug, 07:42
Priced out of cities, young Spaniards are moving to rural villages for housing
Spain's worsening housing crisis is pushing growing numbers of young people out of major cities and into depopulated villages, where homes remain affordable. A new survey shows this is becoming a genuine generational trend rather than a niche choice for retirees.
Euronews Business · 25 Aug, 07:41
US Gas Power Buildout for Data Centers Nearly Doubles in Under a Year
New research shows gas-fired power capacity under development for US data centers has jumped to over 189 gigawatts, driven by surging AI energy demand.
Wired · 25 Aug, 07:40
US-Canada Tariff Talks Collapse Into Full-Blown Trade War
Negotiations between the United States and Canada over tariffs have broken down into an all-out trade war after Canada rejected concessions it deemed unacceptable.
The New York Times · 25 Aug, 07:39
/nginx/o/2026/08/25/17875271t1hb704.jpg)
Economist: Major tax cuts in Latvia not realistic at present
Luminor Bank chief economist Pēteris Strautiņš says Latvia currently has no room for significant tax cuts, and any party promising such cuts before elections would be showing a weak grasp of reality.
TVNET · 25 Aug, 07:36
China moves to legalize self-driving cars on public roads
A bill submitted to China's parliament would allow autonomous vehicles to operate on the country's roads, while also setting out who bears responsibility for traffic violations committed in self-driving mode.
ERR (rus) · 25 Aug, 07:35
Woodside drops climate targets despite windfall profits from Iran conflict
Australian oil and gas giant Woodside Energy has abandoned its long-term emissions and clean energy targets, even as it posted a 27% profit jump over six months driven by oil price surges linked to the Iran conflict.
The Guardian World · 25 Aug, 06:37
President promulgates law on airBaltic financial stabilization measures
President Edgars Rinkēvičs has promulgated a law on financial stabilization measures for national airline airBaltic, passed by Saeima on an urgent basis on August 20.
Dienas Bizness · 25 Aug, 06:37
India's Airbound raises $37M to make drone delivery compete with trucking
Indian drone startup Airbound has raised $37 million in a Series A round to develop vertical-takeoff drones designed to undercut truck transport costs. The three-year-old company has now raised nearly $50 million total.
TechCrunch · 25 Aug, 06:36
LG monitors quietly installed McAfee ads on connected PCs
Some LG monitors have been found installing an app disguised as a driver update since at least 2024, which pushed McAfee pop-up ads to connected computers. Microsoft has since forced LG to remove the ads, but concerns over transparency remain.
Ars Technica · 25 Aug, 05:41
China-market AUDI models E5 Sportback and E7X now sold in Germany
German importer Auto China has begun selling the China-only AUDI E5 Sportback and E7X electric models in Germany, though at nearly double the price, while Audi publicly distances itself from the parallel import.
iAuto.lv · 25 Aug, 05:38
Popular SteelSeries Gaming Headset Arctis Nova 3P Now Discounted
SteelSeries' wireless gaming headset Arctis Nova 3P is currently on sale in three of its four color options. The model, known for long battery life and comfort, is recommended by Wired's own reviewer who uses it daily.
Wired · 25 Aug, 04:43
How to add Bluetooth to a TV that doesn't have it
TVs lacking built-in Bluetooth can still gain wireless audio support through a streaming device or a dedicated Bluetooth transmitter, each with its own trade-offs.
Engadget · 25 Aug, 04:41
Amazon raises hardware prices by up to 60%, citing memory shortage
Amazon sharply raised prices on its devices — Fire TV, Echo, Kindle and Eero — over the weekend, with some models jumping as much as 60%. The company blamed rising costs of memory and storage components.
TechCrunch · 25 Aug, 04:39
Digital euro project moves closer to key milestone
The European Parliament's economic committee backed the digital euro's introduction in late June. The initiative aims not only to offer a new payment method but also to reduce Europe's reliance on US-controlled payment systems.
Apollo.lv · 25 Aug, 04:39
RFK Jr. weighs overhaul of US vaccine recommendation categories
US Health Secretary Robert F. Kennedy Jr. is exploring changes to how vaccine recommendations are labeled and classified, opening a public comment period through September 20.
Ars Technica · 25 Aug, 04:38
The GameCube that could also play DVDs now rarely sells for under $1,000
The Japan-only Panasonic Q combined a GameCube with a CD and DVD player, and its scarcity has turned it into a collector's item now fetching well over $1,000.
Engadget · 25 Aug, 03:45
Lenovo confirms Legion Go bricking issue after BIOS update, offers limited fix
Lenovo has acknowledged that some Legion Go handhelds can suffer a blank-screen failure after installing BIOS V42, but has not confirmed free out-of-warranty repairs.
The Verge · 25 Aug, 03:39
SEC Investigates AI-Focused Hedge Fund Situational Awareness After Steep Losses
The US Securities and Exchange Commission is investigating hedge fund Situational Awareness, subpoenaing banks that worked with it after the fund suffered major losses in a late-July AI stock downturn.
TechCrunch AI · 25 Aug, 03:35
Samsung's new My FanCam feature turns group videos into personalized tracking shots after recording
Samsung's new My FanCam feature, available on the Galaxy Z Fold8 lineup, uses Galaxy AI to reframe an already-recorded group video into a tighter shot following one chosen person. The tool lives in the Samsung Gallery app and is part of the One UI 9 Galaxy AI feature set.
Engadget · 25 Aug, 02:39
Stanford Study: AI Hits Entry-Level Jobs Hardest
Stanford researchers found artificial intelligence is disproportionately eroding entry-level job growth while employment for experienced workers keeps rising. Higher education appears to soften, but not eliminate, the effect.
Ars Technica · 25 Aug, 02:38
Smart ring maker Oura reportedly eyeing September IPO valuing it above $16B
Oura is reportedly planning a U.S. IPO as soon as next month, aiming to raise up to $3 billion at a valuation exceeding $16 billion, according to Bloomberg.
TechCrunch · 25 Aug, 02:35
Zillow and Redfin settle antitrust case with FTC
Zillow and Redfin have reached a settlement with the FTC and five state attorneys general over a 2025 rental-listing partnership accused of harming competition. The deal was announced just before the case was set to go to trial.
TechCrunch · 25 Aug, 01:40
Liepiņš: Latvia must find its place in Europe's energy system
H2Latvia head Kaspars Liepiņš argues Latvia should develop renewable energy, hydrogen and synthetic fuels to become an important link in Europe's energy supply chains. He says this would give the country both economic and geopolitical significance.
Latvijas Avīze · 25 Aug, 01:39
How does converting video to 4K actually work?
Upscaling a video to 4K means algorithmically generating millions of new pixels using interpolation or AI, since the extra detail was never actually recorded. The outcome can look convincing, but it will never be a true match for genuine 4K footage.
Engadget · 25 Aug, 01:39
Russians rush to withdraw bank savings amid fears of a deposit freeze
Cash in circulation in Russia has surged this year as citizens, fearing a possible deposit freeze, pull money out of banks. Experts say such a freeze remains unlikely for now, even as liquidity problems mount for banks.
Meduza · 25 Aug, 01:38
AliExpress caught using outdated audio-based browser fingerprinting technique
Researchers found that AliExpress is using inaudible sounds to fingerprint visitors' browsers, a method most modern browsers have already neutralized. The retailer reportedly relies on more than a dozen other tracking techniques as well.
Ars Technica · 25 Aug, 00:42
Canada reacts to collapse of U.S. trade talks
Canadian Prime Minister Mark Carney's rejection of a U.S.-proposed trade deal has caused negotiations between the two countries to break down, prompting wide discussion in Canada.
NPR World · 25 Aug, 00:42
Trump bought SpaceX shares two weeks after blockbuster IPO
President Donald Trump purchased up to $50,000 in SpaceX stock on June 23, two weeks after Elon Musk's company held a record-setting IPO. The shares have since declined, potentially leaving the president's holding underwater.
TechCrunch · 25 Aug, 00:35
3D-printed gun maker claims new tool can bypass state print-blocking laws
Defense Distributed founder Cody Wilson says he has built a workaround, dubbed "Hochulization," that defeats software mandated by New York and possibly California to stop 3D printers from producing firearms. The tool alters a file's digital fingerprint without changing the printed object's function.
The Verge · 24 Aug, 23:41