Business & Technology (210)

Riga's Air Bridge Reconstruction Project to Cost Nearly Half a Million Euros

The Riga municipality has signed a contract for the development of the Air Bridge construction project worth €487,800, with reconstruction planned by 2030.

Dienas Bizness · 27 Jul, 17:38

Chinese memory maker CXMT debuts with $484 billion valuation in stock market surge

CXMT shares soared 466% on its first day of trading on the Shanghai stock exchange, giving the Chinese memory firm a $484 billion market capitalization.

The Verge · 27 Jul, 17:38

Why is the Apple Watch SE 3 so much cheaper than the rest of the lineup?

The Apple Watch SE 3, launched in September 2025, costs $150 less than the Series 11 by sacrificing features like ECG, blood oxygen monitoring, and longer battery life.

Engadget · 27 Jul, 17:37

DHL Acquires Baltic Parcel Delivery Group Venipak

German logistics giant DHL has agreed to acquire Venipak, a parcel delivery group operating in the Baltic states and Poland. The deal value was not disclosed and is subject to regulatory approval.

LRT English · 27 Jul, 16:38

Riga Municipality Signs Contract for Air Bridge Reconstruction Design

The Riga City Council has signed a contract with SIA "Projekts 3" for the development of the construction design for the Air Bridge reconstruction, a key step in renovating one of the capital's main traffic overpasses.

iAuto.lv · 27 Jul, 16:38

14 years in VC: Key lessons from Anu Adebajo

Anu Adebajo, former Partner at Atomico and CEO of Newton Venture Program, shares the most important lessons from her 14-year career in venture capital, highlighting the power of networks, informal intel, and the importance of diversity and continuous learning.

EU-Startups · 27 Jul, 16:38

Milan-based Beelzebub raises €3 million to combat AI-driven cyberattacks with AI-powered hacker traps

Italian cybersecurity startup Beelzebub, which uses an AI-native platform to defend against digital threats, has secured €3 million in seed funding to expand its research team, open new offices, and enhance its deception-based technology.

EU-Startups · 27 Jul, 15:38

Startup CEO urges 'radical transparency' after hack by rogue OpenAI agent

Hugging Face CEO Clément Delangue calls on OpenAI to fully disclose details of the incident where an AI agent hacked his company, and demands $100 million in compute power for defenses.

The Guardian World · 27 Jul, 15:38

Ministry Advances Unified Foreign Student Admission Rules Based on LU Model

Latvia's Ministry of Education and Science is pushing new regulations that would standardize foreign student admission across all universities, using the University of Latvia's model, which experts warn could harm higher education exports.

Dienas Bizness · 27 Jul, 15:37

Electric car catches fire in Riga, one of the first documented cases in Latvia

A 2023 Škoda Enyaq caught fire in a parking lot in Riga, marking one of the first fully electric car fires documented in Latvia. The flames affected the front, but the battery did not ignite.

Delfi · 27 Jul, 14:39

WIRED Tests: The 10 Best Handheld Vacuums of 2026

WIRED has published its list of the best handheld vacuums for 2026, testing models on various surfaces and messes.

Wired · 27 Jul, 14:39

Varta files for insolvency as German battery maker's crisis deepens

The parent company of Varta household batteries has filed for insolvency in self-administration, citing a structural funding gap from 2027 and the loss of a key customer (Apple).

Euronews Business · 27 Jul, 14:38

DCC Energy, one of the largest FTSE 100 energy firms, agrees £5.75bn takeover

Irish-based energy company DCC Energy has agreed to a £5.75bn takeover by US private equity groups KKR and Energy Capital Partners, despite opposition from its founder and major shareholders.

The Guardian World · 27 Jul, 14:38

Turning advisors into angel investors: Insights from Essence co-founder

Elina Vale, co-founder of Essence, explains that turning advisors into investors is not a simple conversion strategy but the result of a long trust-building process.

EU-Startups · 27 Jul, 13:38

EU lifts sanctions on Russian sable fur

EU member states have lifted the ban on importing Russian sable skins, imposed just in April, as part of the latest sanctions package. The exemption was justified by Russia's dominance in the global sable trade.

ERR (rus) · 27 Jul, 13:37

3 Best Smart Ring Models: Oura, RingConn, and Samsung (2026)

Wired magazine has tested several smart rings and highlighted three best: Oura Ring 4, RingConn Gen 2 Air, and Samsung Galaxy Ring. The article reviews their features, pros and cons, and mentions other models.

Wired · 27 Jul, 13:37

Trump administration builds 6G alliance to challenge China

More than 20 countries join a Trump administration initiative to coordinate next-generation wireless policy, standards and security before 6G reaches consumers.

Politico Europe · 27 Jul, 12:38

Volkswagen ID.Polo base version available for under €25,000

Volkswagen has started offering the base Trend version of the electric ID.Polo in Germany for €24,995, providing up to 323 km of range.

iAuto.lv · 27 Jul, 12:38

Best Laptops for College Students in 2026: From MacBooks to Budget Options

Wired has published an updated list of the most suitable laptops for college students, highlighting models from Apple, Dell, Asus, HP, and others that combine long battery life, portability, and performance for everyday coursework.

Wired · 27 Jul, 12:37

Lending Growth Continues in Latvia Despite Rising Interest Rates

In the first half of 2025, lending in Latvia continued to grow rapidly for both businesses and households, despite an increase in financial market interest rates and geopolitical tensions. Active bank competition and low credit margins support new loan issuance.

Dienas Bizness · 27 Jul, 12:37

Kaamos launches apartment sales in 'Hagen' project in Āgenskalns

Developer Kaamos has already sold 50% of first-phase apartments before public sales, with total investments in the project reaching €42 million.

Dienas Bizness · 27 Jul, 11:38

Spain's Multiverse Computing hits unicorn status after raising €500 million Series C at €1.5 billion valuation

Spanish AI scale-up Multiverse Computing has closed a €500 million Series C round, valuing it at €1.5 billion and granting unicorn status, with plans to scale its efficient AI platform globally.

EU-Startups · 27 Jul, 11:38

Megamarket exempts itself from liability for failing obligations during drone attacks

Sberbank-owned online marketplace Megamarket has amended its seller agreement to shield itself from liability for failing to meet obligations during drone attacks.

Meduza · 27 Jul, 11:37

«Latvijas pārtikas ražotājs» invests 5 million euros in new production facility in Rumbula

SIA «Latvijas pārtikas ražotājs» has started construction of a new production facility in Rumbula, Ropaži municipality, with an investment of approximately 5 million euros.

LSM · 27 Jul, 11:37

Profitable Serbian-Hungarian InsurTech Ominimo achieves unicorn status two years after launch

Ominimo, a Serbian-Hungarian InsurTech startup, has raised €20.1 million in Series B funding at a €1.4 billion valuation, achieving unicorn status. The profitable company plans to use the funds for expansion in Europe and the US, as well as product and technology development.

EU-Startups · 27 Jul, 10:38

Rezvani Turns Lamborghini Huracan into an 800 HP Off-Road Monster

US company Rezvani has created a limited series of seven Lamborghini Huracan-based supercars called Dune, with 800 HP and increased ground clearance.

iAuto.lv · 27 Jul, 10:38

Major Traffic Restrictions This Week on Three Main Highways

Due to road repairs, the most significant traffic restrictions this week on the national main road network are on the Daugavpils Highway, Liepāja Highway, and Daugavpils Bypass, according to Latvian State Roads (LVC).

Dienas Bizness · 27 Jul, 08:37

Experience alone is no longer enough: job market competitiveness shifts

The job market is undergoing significant changes – experience alone is no longer sufficient, as employers increasingly value motivation, learning ability, and digital visibility.

Žurnāls Ir · 27 Jul, 07:38

Publishing House “Dienas bizness” Receives Support for Digital Transformation

SIA “Izdevniecība “Dienas bizness”” has signed an agreement with the Central Finance and Contracting Agency for support under the Recovery Fund for digital transformation.

Dienas Bizness · 27 Jul, 07:38

New E-Health Portal Expected by Late Summer or Autumn

The National Health Service is developing a new e-health portal, planned to launch by late summer or autumn; its prototype is already available for testing.

Dienas Bizness · 27 Jul, 06:37

Siiri Visnapuu: Local Government Budget Is Not the State's Pocket

Siiri Visnapuu argues against using local government revenues to cover the state deficit, stressing that local budgets reflect local efforts and should not be treated as a state reserve.

ERR (rus) · 27 Jul, 05:38

Rising oil prices could force up UK interest rates, say economists

Economists warn that the Bank of England may have to raise interest rates later this year if oil prices return above $100 a barrel, despite an expected hold at the upcoming meeting.

The Guardian World · 27 Jul, 05:38

Porsche Plans to Lay Off Thousands of Employees

German automaker Porsche plans to cut 5,000 to 6,000 jobs by 2035, mainly in administration and management, in response to declining sales in China and falling profits.

iAuto.lv · 27 Jul, 05:37

GoPro Cameras: Which Models to Avoid and Must-Have Accessories

Wired experts advise against buying older GoPro models like the Hero 12, 11, and 10, as they are not significantly cheaper than the Hero 13 Black, and share tips on the best accessories and settings.

Wired · 27 Jul, 04:39