Business & Technology

Swiss startup AI Infrastructure Capital AG launches with €16 million to tackle AI compute bottleneck
The company buys NVIDIA GPU servers, runs them on renewable power in Iceland, and rents capacity under long-term contracts.
EU-Startups · 30 Jul, 12:50

Intars Busulis creates jingle and tries cashier work for Maxima campaign
Musician Intars Busulis has partnered with Maxima Latvija, creating a jingle for the 'Blue Price – Low Price' campaign and personally serving customers at the checkout.
Latvijas Avīze · 30 Jul, 12:49

KIA K4 Sport Wagon – a compact station wagon with a large trunk and basic features
The new KIA K4 SW offers a spacious cargo area and a low price, but with a simple interior and some ergonomic quirks.
Jauns.lv · 30 Jul, 11:49
Sadales tīkls receives €40 million EU funding to boost network capacity in regions
AS "Sadales tīkls" has secured €40 million in EU funding to increase network capacity in Latvia's regions.
Dienas Bizness · 30 Jul, 11:49

Housing loan activity recovers in Latvia but amounts still lag behind neighbors
Housing lending in Latvia is picking up after a cautious start to the year, with both the number of contracts and average loan amounts increasing, yet still significantly lower than in Estonia and Lithuania.
Dienas Bizness · 30 Jul, 10:49
Lithuania records almost 7,000 fraud cases in first half of year, losses near €24 million
Lithuania recorded 6,980 fraud cases in the first half of this year, a 10.2% decrease year-on-year, but fraudsters still managed to steal nearly €24 million.
Dienas Bizness · 30 Jul, 09:49

Swiss preventive healthtech startup Ahead Health secures €8.7 million and expands to Germany and the Netherlands
Ahead Health, a Swiss preventive healthcare company, has raised €8.7 million in funding and is launching in Germany and the Netherlands as its first international markets.
EU-Startups · 30 Jul, 08:50

Dienas Bizness launches digital transformation with EU fund support
SIA 'Izdevniecība Dienas bizness' has signed a contract with CFLA to implement a project aimed at modernizing digital platforms and creating new applications.
Dienas Bizness · 30 Jul, 08:49

Publishing House “Dienas bizness” Receives Support for Digital Transformation
SIA “Izdevniecība “Dienas bizness”” has signed an agreement for support from the Recovery Fund to digitalize its media operations.
Dienas Bizness · 30 Jul, 07:50

Winamp aims for a comeback with a new music player powered by Deezer
Winamp and Deezer announced a partnership on Wednesday, with Deezer powering Winamp's upcoming premium music subscription service. The new Winamp Player is scheduled to launch in the first half of 2027 and will combine streaming with users' local music libraries.
TechCrunch · 30 Jul, 06:50
Stock prices mostly fall in US and European markets as oil prices rise amid Middle East escalation
On Wednesday, stock prices in US and European exchanges largely declined while oil prices increased, reacting to the escalation of the war in the Middle East.
Dienas Bizness · 30 Jul, 06:49

US government bans robot vacuums, including Roombas, from import
The US Federal Communications Commission (FCC) has expanded its ban on advanced robotic devices to include robot vacuum cleaners and other consumer robots, citing national security risks.
The Verge · 30 Jul, 05:50

Lawsuit: Comcast Manager Smashed Pies in Low-Performing Employees' Faces
A lawsuit filed in Connecticut alleges that a Comcast store manager humiliated the lowest-selling employee each month by smashing a cream pie in their face and recording the act.
Ars Technica · 30 Jul, 05:50

The Chinese robot army transforming the UK's retail industry
Chinese robotics company Geek+ is rapidly changing UK warehouse operations, boosting efficiency and reducing errors. British retailers like Tesco and Next are using the robots to address labor shortages and productivity challenges.
BBC World · 30 Jul, 05:50

Thinking Machines Co-Founder Lilian Weng Leaves Company Citing Health Issues, Then Joins OpenAI
Lilian Weng, co-founder of Thinking Machines, steps down due to health concerns, but later joins OpenAI to lead a team focused on accelerating internal research.
TechCrunch · 30 Jul, 05:49

US Bans Foreign Robots: Winners and Losers
The U.S. Federal Communications Commission (FCC) has imposed a ban on foreign-made robots weighing over 4.4 pounds, with exemptions for existing models, medical devices, and stationary robots, potentially boosting domestic manufacturing.
Ars Technica · 30 Jul, 04:50

How to switch from ChatGPT to Claude without losing information
Anthropic has introduced an import tool that lets you transfer saved context from ChatGPT and other chatbots to Claude, making the transition smoother.
Engadget · 30 Jul, 04:50
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Lithuania and Estonia Prepare for Any Scenario Regarding 'airBaltic'
If 'airBaltic' fails to raise funds to repay a €30 million short-term loan by the end of August, the European Commission may investigate potential illegal state aid. Lithuania and Estonia are already considering possible courses of action.
Apollo.lv · 30 Jul, 04:50

Cyberpunk 2077 packs a lot of fun into its discounted $20 price
After years of fixes and improvements, Cyberpunk 2077 is now available at a significant discount across platforms, offering a rich experience for a lower price.
The Verge · 30 Jul, 04:50

Zuckerberg: Meta's Enterprise AI Opportunity Extends Beyond Simple Agents
Meta CEO Mark Zuckerberg told investors that the company's enterprise AI ambitions go beyond business agents, including APIs, compute sales, and other services, potentially creating new revenue streams beyond advertising and subscriptions.
TechCrunch AI · 30 Jul, 04:49

Bentley Celebrates 80 Years at Crewe with One-Off Continental GTC Convertible
Bentley has marked 80 years of car production at its Crewe factory by unveiling a unique Continental GTC convertible with special paint and design details.
iAuto.lv · 30 Jul, 04:49

Waymo Resumes Freeway Operations for Robotaxis in Phoenix
Waymo is again offering freeway rides in Phoenix after pausing in May due to incidents where robotaxis entered construction-closed zones.
Engadget · 30 Jul, 03:51

xAI sues Minnesota over law banning nudification apps
xAI, the creator of the Grok chatbot, has filed a lawsuit against Minnesota's attorney general over a state law that, starting August 1st, prohibits access to software that generates sexually explicit deepfakes. xAI claims the law violates the First Amendment and is overly broad.
The Verge · 30 Jul, 03:51

Musk's war with advertisers ends: X settles with GARM
X owner Elon Musk has reached a settlement with the Global Alliance for Responsible Media (GARM), which will remain inactive. The case, ruled legal by a court in March, had been appealed by X, but the parties have now agreed to settle.
Ars Technica · 30 Jul, 03:51
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Lithuania and Estonia Prepare Contingency Plans for airBaltic Crisis
If airBaltic fails to repay a €30 million short-term loan by the end of August, the European Commission may investigate potential illegal state aid. Lithuania and Estonia are preparing for various scenarios.
TVNET · 30 Jul, 03:50

Trump considers tightening AI controls after OpenAI hacking incidents
US President Donald Trump said his administration is considering stronger regulation of AI tools after OpenAI took responsibility for at least two hacking incidents. Trump warned that controls must be implemented carefully to avoid falling behind China.
BBC World · 30 Jul, 03:50

Microsoft openly competes with OpenAI and Anthropic; Nadella warns enterprises against single-model reliance
Microsoft CEO Satya Nadella used the company's quarterly earnings call to advise enterprises not to depend on any single AI model, while promoting Microsoft's own models and chips as cheaper alternatives to offerings from OpenAI and Anthropic.
TechCrunch AI · 30 Jul, 03:50

Microsoft openly competes with OpenAI and Anthropic: Nadella urges enterprises to use multiple models
Microsoft CEO Satya Nadella is openly advocating for enterprises to avoid over-reliance on any single AI model provider, positioning Microsoft's own models as a more flexible and cost-effective alternative.
TechCrunch · 30 Jul, 03:49

Google Play expands age confirmation tools for app developers
Google Play is rolling out the Age Signals API globally by year-end, allowing parents to share age as a range for privacy while helping developers comply with age verification laws.
Engadget · 30 Jul, 02:50

Mythos AI finds critical flaw in quantum-safe algorithm HAWK; developer withdraws it
Anthropic's security model Mythos discovered an unknown vulnerability in the third-round PQC algorithm HAWK, rendering it broken. The algorithm's developer withdrew it from NIST consideration.
Ars Technica · 30 Jul, 02:50

Qualcomm to raise phone chip prices starting September 1st
Qualcomm announced a price hike on all its processors from September 1st, citing memory pricing increases and supply constraints that have also driven a 20% drop in handset revenue.
The Verge · 30 Jul, 02:50

Zuckerberg predicts billions will have personal AI agents in five years
Meta founder Mark Zuckerberg told investors that within five years, billions of people will use personal AI agents for finances, health, and household tasks. Meanwhile, Meta's stock dropped nearly 10% after earnings, and free cash flow plummeted 91% year-over-year due to heavy AI investments.
TechCrunch AI · 30 Jul, 02:49
Wildberries says Ukraine's drone strikes are force majeure – does that get the marketplace off the hook?
Russia's largest online marketplace Wildberries is invoking force majeure after drone strikes on its warehouses, but lawyers argue the company may still be liable if safety violations are found on the premises.
Meduza · 30 Jul, 02:49

Save Up to $100 on Apple's Newest AirPods
Apple AirPods Pro 3 and AirPods Max 2 are now available with significant discounts, saving up to $100.
Wired · 30 Jul, 01:50

Meta misses earnings forecasts, stock falls despite Zuckerberg’s AI media push
Meta's second-quarter earnings per share missed Wall Street expectations, causing an 8% stock drop. CEO Mark Zuckerberg launched a media campaign touting AI benefits, but it did not ease investor concerns over massive spending and legal challenges.
The Guardian World · 30 Jul, 01:50

Xbox Acknowledges Disc Game Error During Outage, Promises Fix
Xbox's tech chief confirms that disc-based games should have worked during the recent outage, attributing the issue to a licensing service problem. A fix is planned for an upcoming update.
Engadget · 30 Jul, 01:49