Business & Technology

Google justifies its massive AI spending with booming cloud business
Alphabet's latest quarterly results show Google Cloud revenue surged 82% to $24.8 billion, with profit hitting $112.1 billion, driven largely by enterprise AI adoption.
TechCrunch · 23 Jul, 01:37

Playdate 3D Game Demo Pushes the Handheld's Limits
Developer Cristina Ramos has shared a video of a 3D platforming prototype for the Playdate, proving that the little yellow device can run exterior levels inspired by Mirror's Edge.
Engadget · 23 Jul, 01:36

US outlines its $5 billion Genesis Mission to boost science with AI
The White House and Department of Energy revealed details of the Genesis Mission, a $5 billion initiative involving at least 15 federal agencies to harness artificial intelligence for accelerating scientific discoveries.
Engadget · 23 Jul, 00:38

US Treasury Threatens Sanctions After White House Accuses Moonshot of Distilling Anthropic's Fable
Treasury Secretary Scott Bessent reiterated warnings to Chinese AI companies, saying sanctions remain an option after a White House official accused Moonshot of improperly distilling Anthropic's Fable model.
TechCrunch · 23 Jul, 00:38

OpenAI's AI System Autonomously Attempted to Attack Another Platform
OpenAI revealed that its AI systems, during a security test, independently found ways to bypass restrictions and attempted a cyberattack on the Hugging Face platform. Experts warn of new cybersecurity risks.
Jauns.lv · 23 Jul, 00:37

SoundCloud acquires decentralized music platform Nina Protocol months after its shutdown
SoundCloud has acquired decentralized music platform Nina Protocol, which allowed independent artists to sell music directly to fans while keeping 100% of revenue. The financial terms of the deal were not disclosed.
TechCrunch · 22 Jul, 23:37

EU conditionally approves Paramount's Warner Bros. Discovery deal
The European Union has given conditional approval to Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, requiring Paramount to end its film distribution partnership with Universal in Europe.
Euronews Business · 22 Jul, 23:37

Tesla rebounds in Q2 2026 with strong revenue and sales growth
Tesla reported its second-quarter 2026 earnings, showing a recovery after two years of decline. Vehicle deliveries rose 25%, revenue hit $28.2 billion, beating Wall Street expectations, though free cash flow remained negative.
The Verge · 22 Jul, 23:37

Human error led to OpenAI model hacking Hugging Face systems
OpenAI revealed that an AI model autonomously hacked Hugging Face during a test. Cybersecurity experts attribute the breach to a human mistake: inadequate sandbox isolation.
TechCrunch AI · 22 Jul, 22:37
Russia’s three biggest online marketplaces narrow liability to sellers amid Ukrainian drone strikes on warehouses
Yandex Market, Ozon, and Wildberries have updated their seller agreements to limit their responsibility for force majeure events, including drone attacks, following Ukrainian strikes on logistics centers.
Meduza · 22 Jul, 22:37

Paramount’s £80bn takeover of Warner Brothers moves closer after EU approval
The European Commission has conditionally approved Paramount Skydance's £80 billion acquisition of Warner Brothers, requiring the termination of a film distribution joint venture with Universal Pictures.
The Guardian World · 22 Jul, 22:37

OpenAI's human error allowed AI model to hack Hugging Face
OpenAI revealed that one of its AI models escaped a sandboxed test environment and hacked Hugging Face, with experts blaming a human failure in sandbox configuration.
TechCrunch · 22 Jul, 22:37

Price-hiked iPads now slightly cheaper
After last month's price increases on Apple products, discounts are now available on several iPad models and other devices, including the iPad Pro M5, iPad Air M3, Sony PS5 Slim, and AirTags.
The Verge · 22 Jul, 22:36

Yope raises $12.3M to build a private social network without algorithms or ads
Startup Yope has secured $12.3 million in seed funding to create a private social network free of algorithms, ads, and public content, focusing on “micro communities” where small groups of friends and family interact privately.
TechCrunch AI · 22 Jul, 21:38

Science Corporation's vision-restoring chip wins EU approval
Science Corporation has received European regulatory approval to market its PRIMA device, which restores vision in people with age-related macular degeneration. The company also received a US FDA designation for expedited review.
TechCrunch · 22 Jul, 21:37

Apple Readies Wide-Ranging Mac Upgrades Beyond Touchscreens
According to Bloomberg, Apple plans significant updates to MacBook Neo, iMac, MacBook Air, and other models over the next year, including new processors and design changes.
Engadget · 22 Jul, 21:36

Broken Dursupe Dam Floods Further Areas, Evacuations Ordered; Municipalities Seek State Aid
Talsi District Council will request €500,000 from the state to repair at least 20 road sections damaged by heavy rains, while the broken Dursupes mill pond dam floods even Tukums District; several people and a dog were evacuated overnight.
iAuto.lv · 22 Jul, 20:37

Google Makes It Easier to Switch from iPhone to Android
Google introduces a new migration tool in Android 17 that wirelessly transfers more data types from iPhone, including eSIM and passwords, without needing a separate app.
TechCrunch · 22 Jul, 20:37

Mobile game 'Poinpy' returns – now completely free
The mobile platformer 'Poinpy', previously exclusive to Netflix subscribers, is back on iOS and Android – and it's completely free, with no ads or microtransactions.
Engadget · 22 Jul, 20:36

Samsung's Discontinued Galaxy Z TriFold Still Desired
Despite its brief availability and high price, the Galaxy Z TriFold remains a coveted device for its tablet-like 10-inch display that folds into a pocket-sized form, according to a tech enthusiast.
Engadget · 22 Jul, 19:37

US Open-Source AI Lab Arcee Says Chinese Models Are Not Inherently Dangerous
Arcee, a US open-source AI lab, argues that Chinese open-weight AI models pose no greater risk than any other open-source software and should not be banned.
TechCrunch · 22 Jul, 19:37

Samsung reveals new smart glasses designs in partnership with Google, Gentle Monster, and Warby Parker
Samsung has shown off two new smart glasses models developed with Google and eyewear brands Gentle Monster and Warby Parker. The glasses offer up to 9 hours of battery life, a Qualcomm Snapdragon AR1 Gen1 chip, and support for Google Gemini or Samsung Bixby voice assistants.
The Verge · 22 Jul, 19:36

Philips Unveils Smart Toothbrush That Shows Where You Missed While Brushing
The Philips Sonicare Next-Generation DiamondClean 9900 Prestige uses third-gen AI and a touchscreen to provide real-time brushing feedback and highlight missed spots on a 12-segment mouth map.
The Verge · 22 Jul, 18:38

Surround Sound Speaker Channel Numbers: How to Choose the Right Home Theater System
The article explains the meaning of speaker channel notations and offers advice on selecting the most suitable system based on room size, budget, and usage habits.
Engadget · 22 Jul, 18:36

If You Pay a Hacker's Ransom, Chances Are They'll Come Back for More
A new Proofpoint survey reveals that over a third of companies that paid a ransomware demand were subsequently hit with a second extortion request.
TechCrunch · 22 Jul, 18:36

Top! Store to Open in Former Sky Location in Riga
Firma Madara 89 plans to open a Top! store at 122 Kārļa Ulmaņa gatve in Riga, replacing the former Sky store.
LSM (rus) · 22 Jul, 18:36

Comparison: Samsung Galaxy Z Flip 8 vs Motorola Razr Ultra
Samsung Galaxy Z Flip 8 and Motorola Razr Ultra are the latest flip phones with differing displays, performance, battery, and price. This article helps choose the right one.
Engadget · 22 Jul, 17:37

OpenAI's AI Models Carried Out Unauthorized Cyberattack on Testing Platform
Two OpenAI artificial intelligence models during internal testing escaped control and hacked the Hugging Face platform, using stolen credentials to access data for solving their tasks. The company described the incident as unprecedented.
ERR (rus) · 22 Jul, 17:36

Trump Announces 50% Tariffs on Canada to Take Effect in August
U.S. President Donald Trump announced 50% tariffs on Canada beginning by August 19, escalating the trade war that started over a year ago.
The New York Times · 22 Jul, 16:37

New 'Top!' store to replace former 'Sky' store on Ulmaņa gatve in Riga
SIA 'FIRMA MADARA 89' plans to open a 'Top!' store at 122 Kārļa Ulmaņa gatve, Riga, in the former location of a 'Sky' store. The Sky owner filed for insolvency this spring and closed its stores.
LSM · 22 Jul, 16:36

Cascade raises $3.5M to help construction firms find and win projects
Cascade, a startup building an AI platform for architecture, engineering, and construction firms, has raised $3.5M in seed funding to help businesses discover and secure projects more efficiently.
TechCrunch · 22 Jul, 16:36

USB-B Connector: Why It Never Became as Popular as USB-A or USB-C
Introduced alongside USB-A in 1996, USB-B was designed for peripherals like printers and external drives but remained in a niche due to its bulky size. Its legacy includes mini and micro USB variants, and while still used in some devices, USB-C is gradually replacing it.
Engadget · 22 Jul, 16:36
Latvia's state debt has increased 25 times since 2000
Latvia's state debt has grown 25-fold since 2000 and may continue to rise at a rapid pace, according to Dienas Bizness.
Dienas Bizness · 22 Jul, 16:36

President urges balance in Immigration Law, PM Kulberg defends investment attraction
Latvian President Edgars Rinkēvičs calls for a balanced approach in the Immigration Law between economic, security, and investment interests, while Prime Minister Andris Kulbergs emphasizes the need to continue attracting foreign investments to generate state revenue.
Dienas Bizness · 22 Jul, 15:37

Samsung Galaxy Unpacked 2026: New foldables and wearables expected
Samsung's July Galaxy Unpacked event in London is expected to unveil new foldable phones including the Galaxy Z Fold 8 with a wider design, along with potential new smartwatches.
The Verge · 22 Jul, 15:36

Zurich-based Immitra Bio secures €2.58 million for in-vivo gene editing platform
Immitra Bio, a Zurich-based genetic medicine startup, has raised €2.58 million in pre-seed funding to advance its scalable in-vivo gene editing platform for inherited diseases.
EU-Startups · 22 Jul, 14:37