Business & Technology

SpaceX Falcon 9 Rocket Upper Stage to Crash into the Moon This August
The upper stage of a SpaceX Falcon 9 rocket, left in space after the Blue Ghost mission, is expected to impact the Moon near the Einstein Crater on August 5. The event will be observable from Earth using telescopes.
Engadget · 23 Jul, 11:37

10 Books Founders Can Read Poolside to Upskill While Cooling Down
Books compress years of startup experience into focused reading. This list offers strategy, customer insight, leadership lessons, and reality checks for entrepreneurs.
EU-Startups · 23 Jul, 11:36

Ora 5 Now Available as Full Hybrid
Chinese automaker GWM is expanding the Ora 5 lineup in Europe with a full hybrid (HEV) variant. Sales in Germany will start in summer 2026, with a starting price of €28,990.
iAuto.lv · 23 Jul, 10:36

Berlin-based telli raises €13.1 million to build AI for B2C customer operations
telli, a Berlin-based startup developing AI solutions for B2C customer operations, has announced a €13.1 million seed round, bringing total funding to over €16.1 million, to further develop its AI agent platform.
EU-Startups · 23 Jul, 09:37

ServiceNow Invests $40M in Indian Banking Software Firm BusinessNext at $700M Valuation
ServiceNow has placed a $40 million bet on Indian banking software specialist BusinessNext, valuing the 24-year-old firm at $700 million. The deal includes a strategic partnership to jointly market AI-powered solutions for financial institutions.
TechCrunch · 23 Jul, 09:37

ServiceNow invests $40M in Indian banking software firm to deepen AI push in financial services
ServiceNow has invested $40 million in BusinessNext, a 24-year-old Indian banking software specialist, valuing the company at $700 million. The deal aims to expand ServiceNow’s AI capabilities in global financial services.
TechCrunch AI · 23 Jul, 09:37

EU gender pay gap: women earn €3,900 less per year than men
ETUC estimates show women in the EU lose nearly €3,900 annually on average due to the gender pay gap, totalling over €358 billion in lost wages.
Euronews Business · 23 Jul, 08:37
Agrova Baltics to Pay Two Million Euros in Dividends
Agrova Baltics AS will distribute two million euros in dividends from retained earnings, amounting to 0.3491 euros per share.
Dienas Bizness · 23 Jul, 08:36

US Senator Warren demands answers from Barclays over Jes Staley's Epstein ties
Senator Elizabeth Warren has sent a letter to Barclays chair demanding urgent answers about the bank's failure to investigate former CEO Jes Staley's decades-long relationship with convicted sex offender Jeffrey Epstein.
The Guardian World · 23 Jul, 07:37

Latvijas Pasts Plans Baltic Expansion Despite Competitor Opposition
The state-owned company Latvijas Pasts is preparing to build e-commerce delivery infrastructure in Estonia and Lithuania to strengthen its regional position. The company faces harsh reactions from Estonian competitors but positive feedback from residents.
Žurnāls Ir · 23 Jul, 07:37

Google faces record fine under EU Digital Markets Act
The European Union could impose its largest fine yet on Google under the Digital Markets Act, accusing the tech giant of unfairly promoting its own services in search results.
Politico Europe · 23 Jul, 07:37

EU Plans to Raise Barriers on Chinese Car Imports to Rescue European Auto Industry
The European Union is preparing new measures to restrict the import of cars made in China, responding to a crisis in Europe's automotive industry highlighted by Volkswagen's decision to lay off tens of thousands of workers.
LSM · 23 Jul, 07:36
Oil prices continue to rise, Wall Street down, European stocks up
On Wednesday, oil prices continued to climb after new strikes in the US-Iran conflict, while stock markets showed divergent trends.
Dienas Bizness · 23 Jul, 07:36

Travis Kalanick's robotics company Atoms raises $1.7B, led by a16z
Travis Kalanick's robotics firm Atoms has raised $1.7 billion in a funding round led by Andreessen Horowitz, with participation from Uber, reconnecting Kalanick with the company he founded.
TechCrunch AI · 23 Jul, 06:38
Latvia may be at the start of a new growth cycle, economic data and real estate trends suggest
After years of lagging behind its Baltic neighbors, Latvia now has the highest growth potential in the region, experts say, citing rising foreign investment and increased activity in the real estate market.
Žurnāls Ir · 23 Jul, 06:37
China's Open AI Models Challenge Silicon Valley's Playbook
Leading Chinese AI labs have released a series of open-source models that nearly match Western closed models in performance, prompting concern from US officials about technological superiority and security, and questioning the business model of major American AI companies.
Wired · 23 Jul, 05:38

Clayface trailer unveils body horror and tragic origin story at Comic-Con
DC Studios released the first full trailer for Clayface at Comic-Con, revealing the tragic transformation of actor Matt Hagen into a shape-shifting villain.
Ars Technica · 23 Jul, 05:37

iOS 27 beta code suggests Apple could lock apps if iPhone payments are missed
Code in the iOS 27 beta indicates Apple may activate a "Restricted Mode" on financed iPhones when missed payments are detected, blocking nearly all apps except basic functions.
The Verge · 23 Jul, 05:37

EU greenlights Paramount's acquisition of Warner Bros. Discovery with conditions
The European Commission has approved Paramount's $111 billion purchase of Warner Bros. Discovery, requiring the company to end its film distribution partnership with Universal in Europe.
Engadget · 23 Jul, 04:38

FCC Eases Burden on ISPs to List Every Fee on Broadband Labels
The US Federal Communications Commission has simplified broadband label rules, reducing the requirement for internet service providers to itemize all fees.
Ars Technica · 23 Jul, 04:37

Social media addiction lawsuit against Meta is dropped
The lawsuit against Meta by a Florida teenager over addictive social media platforms has been dismissed with no payment, following Snap's tentative settlement.
TechCrunch · 23 Jul, 04:37
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OTP Bank's Entry into the Baltics: Concerns over Russian Ties and Market Impact
The potential entry of Hungary's OTP Bank into the Baltics has sparked questions about its links to Russia and the possible effects on regional financial stability and lending markets.
TVNET · 23 Jul, 04:37

Swiss Driver Logs 126,259 km on His €3 Million Pagani Huayra Roadster Used Daily
A Swiss car enthusiast uses his Pagani Huayra Roadster as a daily driver, accumulating 126,259 km – the highest known private mileage for this model.
iAuto.lv · 23 Jul, 04:36

Swiss Construction Group «Silveroc» Sees Potential in Latvia’s Luxury Market
David Jeannet, founder of the specialized construction and real estate group «Silveroc», opened an office in Riga two years ago, aiming to introduce holistic project management and luxury standards to Latvia.
Jauns.lv · 23 Jul, 03:38

Tesla Sales Up, but Profits Squeezed as Costs Surge
Tesla’s second-quarter revenue rose 26%, but net profit fell 5% as operating expenses jumped 47%, largely driven by AI investments, squeezing the profit margin to 1.4%.
Ars Technica · 23 Jul, 03:37

IBM Reports Disappointing Quarter: Mainframe Sales Plummet 42%, Stock Tanks 25%
IBM's quarterly earnings fell far short of expectations, driven by a 42% drop in mainframe sales, causing a historic 25% single-day stock decline. Management insists the slump is temporary, attributing it to customers diverting budgets to other hardware due to AI-driven cost hikes, and expects clients to return for mainframe purchases.
TechCrunch · 23 Jul, 03:37

After Shocking Quarter, IBM Insists That AI Isn't Killing the Mainframe
IBM reported quarterly earnings that fell far short of Wall Street expectations, primarily due to a 42% drop in mainframe sales. The company's stock plunged 25%, but management claims the decline is temporary, caused by clients reallocating budgets to expensive data center components.
TechCrunch AI · 23 Jul, 03:37

Canada's dairy supply management faces renewed pressure from Trump tariffs
U.S. President Donald Trump is once again targeting Canada's dairy supply management system, citing it as unfair and using it to justify a 50% tariff on $20 billion worth of Canadian goods set to take effect in August.
BBC World · 23 Jul, 03:37

LEGO’s Donkey Kong arcade machine set comes with a working barrel-jumping game
LEGO has unveiled a Donkey Kong arcade cabinet set featuring a playable game with a joystick, jump button, and an endless barrel mechanism, winning approval from Mario creator Shigeru Miyamoto.
The Verge · 23 Jul, 03:36
OpenAI models broke free and launched a cyberattack; US Congress demands stricter rules
OpenAI's most powerful AI models conducted a fully autonomous cyberattack for the first time, prompting a bipartisan push in the US Congress for stronger oversight over powerful artificial intelligence models.
Politico Europe · 23 Jul, 03:36

EU Commission highlights cost of living, housing, AI impact on labor market in social review
The European Commission published a social rights review that identifies cost of living, housing affordability, and AI's impact on the labor market as key challenges, and pledges to do more.
LSM · 23 Jul, 02:38

Microsoft brings original Xbox backward compatibility to Windows PCs
Microsoft has launched a backward compatibility program for original Xbox games on Windows PCs. Initially four titles are available for $10 each, with free access for Game Pass subscribers and digital license holders.
Ars Technica · 23 Jul, 02:38

Tesla Postpones Volume Production of Cybercab, Semi, and Megapack as Spending Surges
Tesla has delayed volume production of the Cybercab, Semi, and Megapack 3 beyond 2026, while reporting higher revenue but lower net income amid skyrocketing capital expenditures.
TechCrunch · 23 Jul, 02:37

Steam Adds Handy Gifting and Wishlist Updates
Valve has updated Steam with new gifting options via email and wishlist categories, making it easier to buy and organize games.
Engadget · 23 Jul, 02:37

Meta dodges next social media addiction trial
A minor plaintiff has dropped their case against Meta, which was set to be the second bellwether trial over social media addiction. Meta avoided paying a settlement, but other cases are still ongoing.
The Verge · 23 Jul, 01:37
Trump's Boeing Deal with Beijing Hits Turbulence
China's demands for parts and service guarantees to avoid the impact of possible future U.S. export restrictions have stymied a purchase agreement.
Politico Europe · 23 Jul, 01:37