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Business & Technology

Technology

BBC and Channel 4 in Talks to Merge Streaming Services... Yet Again

The BBC and Channel 4 have held early discussions about creating a joint streaming platform as a British alternative to Netflix. This marks the third attempt after failed projects in 2007 and 2017.

Engadget · 9 Jul, 13:38

Technology

University of Sheffield Spin-Out Pixel-Flo Raises €6.1 Million to Scale MicroLED Display Manufacturing

Pixel-Flo, a University of Sheffield spin-out developing a process for scaled-up microLED display manufacturing, has secured €6.1 million in seed funding to transition from lab to industrial scale. The round was led by Northern Gritstone, with participation from SCVC, Parkwalk Northern Universities Venture Fund, and a German investor.

EU-Startups · 9 Jul, 13:37

Economy

Volkswagen faces pivotal talks over plan to cut 100,000 jobs and shut German factories

Volkswagen's management will present a sweeping restructuring plan to its supervisory board on Thursday, including potential closure of four German plants and cutting up to 100,000 jobs globally. The proposals face strong opposition from unions, who have called for protests, and require approval from a board where labour representatives hold a majority.

Euronews Business · 9 Jul, 13:37

Economy

Kazakhstan Court Overturns Ruling on $1.4B Award Against Gazprom in Favor of Naftogaz

A special court in Kazakhstan has annulled its previous decision that recognized a Swiss arbitration award allowing Ukraine's Naftogaz to collect $1.4 billion from Russia's Gazprom.

The Moscow Times · 9 Jul, 13:37

Economy

Finance Ministry Lowers GDP Growth Forecast and Predicts Higher Inflation

The Ministry of Finance has updated its medium-term macroeconomic forecasts, indicating slower economic growth and higher inflation compared to February projections.

LSM (rus) · 9 Jul, 13:36

Economy

Finance Ministry lowers Latvia's GDP growth forecast for 2026 and 2027 to 2%

The Ministry of Finance has cut Latvia's GDP growth projection for 2026 and 2027 to 2%, while raising inflation forecasts due to geopolitical factors.

TVNET · 9 Jul, 12:37

Technology

The Best Food Dehydrators for Home: From Budget to Solar-Powered

Wired tested a range of food dehydrators, from compact models to solar-powered units, to help you choose the best way to preserve surplus food.

Wired · 9 Jul, 12:36

Economy

Lindstrom solar park in Piņķi has generated over 500,000 kWh of electricity

Since the summer of 2023, the solar panel park at the textile rental company Lindstrom's service center in Piņķi has produced 514,000 kWh of renewable electricity.

Dienas Bizness · 9 Jul, 12:36

Technology

Belgium's e-peas secures €19.2 million to scale ultra-low-power energy harvesting solutions

Belgian fabless semiconductor company e-peas has raised €19.2 million to accelerate commercial growth, enter new international markets, and diversify its product portfolio.

EU-Startups · 9 Jul, 11:37

Technology

NHTSA demands autonomous car makers fix interference with first responders

The US National Highway Traffic Safety Administration (NHTSA) has called on autonomous vehicle developers to address a clear pattern of driverless cars interfering with law enforcement and emergency services, giving them until the end of July to present solutions.

Engadget · 9 Jul, 11:36

Technology

Estonia's $28 Million Tax Blunder Sparks Creation of AI 'Fuckup Finder'

A wording error in Estonia's Gambling Tax Act cost €24 million in revenue and led to the development of an AI tool called Apsakaleidja that flags legislative mistakes. The incident accelerated Estonia's push to integrate AI into government processes.

Wired · 9 Jul, 10:38

Auto

Cyclist dies after crashing into river

In Saulkrasti parish, a cyclist went off the road into the Pēterupe river and died; police are investigating the accident.

iAuto.lv · 9 Jul, 09:37

Economy

Prime Minister Kulbergs: airBaltic Cannot Fly Without State Funds

Prime Minister Kulbergs has stated that airBaltic is not financially sustainable and demanded a business plan before further state funding.

Dienas Bizness · 9 Jul, 09:37

Technology

London’s Alchemab Therapeutics secures €29.3 million as British Business Bank makes its largest life sciences investment yet

London-based clinical-stage biotech startup Alchemab Therapeutics has raised an additional €29.3 million in Series A funding, marking the British Business Bank’s largest investment in a life sciences company to date.

EU-Startups · 9 Jul, 09:36

Technology

Munich's QuantumDiamonds raises €91 million to scale its quantum-based semiconductor inspection technology

Munich-based QuantumDiamonds has raised €91 million to scale production of its quantum-based semiconductor inspection technology.

EU-Startups · 9 Jul, 07:37

Economy

Dishwasher: How to Avoid Damaging Your Machine and Dishes – Expert Tips

The dishwasher saves time, but not all items are suitable for washing in it. High temperatures, strong water jets, and concentrated detergents can damage both dishes and the machine itself.

Jauns.lv · 9 Jul, 07:36

Economy

IMF Lowers Global Economic Growth Forecasts

The International Monetary Fund has reduced its global growth projections for this year, stating that the artificial intelligence boom does not fully offset the impact of the Middle East war.

Dienas Bizness · 9 Jul, 07:36

Technology

'Slow-cial' app Roost forces you to slow down to the speed of a carrier pigeon

Roost, a viral slow social media app that delivers messages at real bird flight speeds, has attracted nearly 300,000 users by offering a break from instant communication and emphasizing intentionality.

TechCrunch · 9 Jul, 06:38

Economy

IMF cuts 2026 world growth forecast, citing Iran war fallout

The IMF lowered its 2026 global growth forecast to 3%, blaming the energy shock from the US-Israel war on Iran, partly offset by AI demand.

Al Jazeera · 9 Jul, 06:37

Economy

Riga to double tourism fee from next year

Riga City Council has adopted amendments that will double the tourism fee starting next year.

Dienas Bizness · 9 Jul, 06:36

Technology

Fiat Topolino: America’s cheapest new EV is a 19 mph microcar

Fiat introduces the Topolino to the US at $13,995, a tiny electric vehicle with a top speed of 19 mph and a range of 46 miles, positioning it as a micromobility vehicle rather than a car.

The Verge · 9 Jul, 05:38

Technology

TikTok users don't have as much agency over their FYPs as they think

A study presented at the AAAI Conference reveals that TikTok's 'not interested' button reduces unwanted content by about 84%, but it is deliberately hidden and requires consistent user feedback to prevent algorithm relapse.

Ars Technica · 9 Jul, 05:38

Technology

Valve Steam Machine review: Great idea, poor execution

The Steam Machine is too expensive and underpowered compared to current consoles, with no upgrade path, making it a hard sell at $1,049.

Engadget · 9 Jul, 05:38

Auto

Xpeng Sub-Brand Mona Unveils L03 SUV for Europe and Global Markets

Chinese automaker Xpeng's sub-brand Mona has introduced its second model, the compact SUV L03, available as an EV and with a range extender, set to launch in 64 countries this year including Europe.

iAuto.lv · 9 Jul, 05:37

Technology

Truecaller publicly clashes with India's telecom regulator over anti-spam rules

Truecaller's CEO publicly criticized India's telecom regulator, accusing it of preventing the app from displaying community-reported spam information for calls from designated number series.

TechCrunch · 9 Jul, 05:36

Economy

Experts: This Winter's Gas Price Will Be Higher Than Last Year's

Gas prices in Europe are rising, storage levels are critically low, but no shortages are expected, although the price this winter is likely to exceed last winter's level.

ERR (rus) · 9 Jul, 04:39

Technology

Google Pays $250K for Linux Vulnerability Allowing Virtual Machine Escape

A high-severity vulnerability in the Linux kernel's KVM subsystem, hidden for 16 years, allows malicious guest VMs to break out and take over host machines. Google awarded the researcher $250,000.

Ars Technica · 9 Jul, 04:38

Technology

Irish drone delivery startup Manna plots major U.S. expansion

Manna Aero, an Irish autonomous drone delivery startup, announced a major U.S. expansion, including a manufacturing facility in Tulsa, Oklahoma, that will employ up to 1,000 people. The company, which raised $50 million in April, is shifting focus to the U.S. after halting operations in Ireland due to regulatory hurdles.

TechCrunch · 9 Jul, 04:38

Technology

FTC Reaches Settlement with John Deere on Right-to-Repair for Farm Equipment

The US Federal Trade Commission, along with five states, has reached a settlement with Deere & Company, requiring the manufacturer to provide farmers and independent repair shops the same repair resources, including software, as authorized dealers for ten years.

Engadget · 9 Jul, 04:38

Technology

Yandex adds gas station queue data to its maps, initially only in Moscow and St. Petersburg

Yandex Go and Yandex Zapravki now display information about queues and fuel availability at gas stations, but initially only in Moscow and St. Petersburg, amid a fuel crisis spreading across Russia.

Meduza · 9 Jul, 04:37

Technology

Microsoft's Xbox Reset Leads Obsidian to Cancel Avowed Sequel, Start New Fallout Game

As part of a major Xbox strategy shift involving 3,200 layoffs, studio closures, and resource reallocation, Obsidian Entertainment has cancelled multiple projects including the Avowed sequel and is starting work on a new Fallout title led by Josh Sawyer, director of Fallout: New Vegas.

The Verge · 9 Jul, 03:38

Technology

US judge allows New York to restrict sports gambling on prediction markets

A federal judge ruled against Kalshi's attempt to override New York state gambling laws, finding no clear congressional intent to preempt state authority over prediction markets.

Ars Technica · 9 Jul, 03:38

Technology

This startup thinks robotics is about to have its ChatGPT moment

General Intuition, which develops a foundation model for physical AI, has raised $320 million and believes the robotics industry is on the verge of a similar breakthrough as AI saw with ChatGPT.

TechCrunch AI · 9 Jul, 03:37

Economy

IMF cuts 2026 global growth forecast to 3% but projects rebound in 2027

The International Monetary Fund has lowered its global growth forecast for 2026 to 3% for the second time this year, citing uncertainty from the war in Iran, while predicting a rebound in 2027.

France 24 · 9 Jul, 03:37

Technology

Judge approves $1.5 million SEC-Musk settlement over Twitter investment

A U.S. district judge has finalized a $1.5 million settlement between the SEC and Elon Musk over his delayed disclosure of Twitter investments, while sharply criticizing the agreement.

Engadget · 9 Jul, 03:37

Technology

Lawsuit: Man used Grok to create 7,000 child sex images of stepdaughter, then killed himself

An amended class-action lawsuit reveals that a stepfather used xAI's Grok to generate 7,000 explicit images of his 11-year-old stepdaughter, and after arrest he committed suicide, while xAI allegedly obstructed the investigation.

Ars Technica · 9 Jul, 02:37