Business & Technology

Morocco's olive oil sales to Spain increase hundredfold from low base
Morocco's olive oil exports to Spain surged nearly 100 times in the first four months of 2026 compared to the same period last year, though still representing a small share of the Spanish market.
Euronews Business · 7 Jul, 18:36
Spanish cybersecurity startup 8Layers extends pre-Seed round to €2.5 million total funding
Madrid-based cybersecurity startup 8Layers has closed a €1 million extension of its pre-Seed round, bringing total funding to €2.5 million.
EU-Startups · 7 Jul, 17:37

Anker Soundcore Sleep A20 earbuds hit new low price of $99.99
Anker's Soundcore Sleep A20 earbuds, designed to improve sleep by blocking noise, are now available for $99.99, an $80 discount. The earbuds also offer white noise, sleep tracking, and long battery life.
The Verge · 7 Jul, 17:36

Economic Roundup July 7: Traveler Compensation, Building Materials, Samsung Profit, and More
July 7 business news: airline cancellation liability, substandard construction materials, 19-fold profit jump at Samsung, oil tanker incident in Hormuz, and other developments.
Delfi · 7 Jul, 17:36

AI law startup Norm raises $120M, hits unicorn valuation
Norm, an AI-native legal startup, announced a $120 million Series C round, achieving a $1.2 billion valuation and unicorn status.
TechCrunch · 7 Jul, 17:36

How to protect your tech from lightning strikes
Thunderstorms can damage computers, TVs and other electronics. Experts recommend unplugging devices and using surge protectors.
Engadget · 7 Jul, 16:37

James Webb Space Telescope celebrates fourth anniversary with most detailed image of Centaurus A
NASA has released the most detailed images yet of the Centaurus A galaxy, captured by the James Webb Space Telescope. The images reveal new details about the galaxy's rich dust structures and star-forming regions.
Engadget · 7 Jul, 15:37

Latvijas Pasts Plans Baltic Expansion Despite Saturated Market and Angry Competitors
The state-owned company Latvijas Pasts is preparing to build e-commerce delivery infrastructure in Estonia and Lithuania to strengthen its regional position and offer competitive solutions.
Dienas Bizness · 7 Jul, 14:38

Wired Tests Over 100 iPhone 17 Cases: Recommendations for the Latest Models
Technology magazine Wired has published a roundup of the best cases and screen protectors for the iPhone 17 series, based on testing over 100 products.
Wired · 7 Jul, 14:36

Revenue fell at several major fuel retailers in 2025, though profits steady
Several of Estonia's major fuel retailers reported lower revenues in 2025, while profits remained broadly stable or improved. Key factors include fuel price fluctuations, competition, and regulatory changes.
ERR News · 7 Jul, 13:37

Indoor Garden Systems Tested: Gardyn Named Best, But Subscription and Security Issues Noted
Wired magazine published a comprehensive test of 12 indoor hydroponic gardens. The Gardyn Home 4.0 was named best overall but requires a subscription and had security vulnerabilities.
Wired · 7 Jul, 13:36

Nothing's first B-series phone is also skipping the US
Nothing has announced the Phone 4B, its first B-series handset and a successor to last year's Phone 3A Lite. The budget device combines design cues from the 4A and 4A Pro but, like previous cheaper Nothing phones, will not be sold in the US.
The Verge · 7 Jul, 13:36

Nothing launches Ear (3a) — colorful wireless earbuds with Audio Snapshot and ANC for under $100
Nothing has unveiled the Ear (3a) wireless earbuds, featuring an Audio Snapshot function for on-device recordings, 45 dB active noise cancellation, and a 12mm driver, all at a sub-$100 price.
Engadget · 7 Jul, 13:36
Latvia to Participate in Eurozone Household Finance Survey
Latvia will join the fifth edition of the Eurozone Household Finance and Consumption Survey, organized by the European Central Bank this year.
Dienas Bizness · 7 Jul, 13:36

Estonia's annual inflation slows to 2.3% in June, lowest since April 2021
Estonia's Consumer Price Index (CPI) rose by 2.3% year-on-year in June 2025, the lowest rate in over four years. The monthly CPI fell by 0.5% from May, with price decreases in more than half of commodity groups.
ERR News · 7 Jul, 11:37

Consumers Want Reduced VAT to Cover a Wider Range of Dairy Products
Following the introduction of a reduced VAT rate on selected food items, consumers are urging its extension to other dairy products, showing particular interest in milk.
BNN · 7 Jul, 11:37
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Reduced VAT boosts sales of milk and other basic food items
The reduced VAT rate of 12% on bread, milk, poultry and eggs, effective from July 1, has led to increased sales in the first few days, especially for milk. Retailers report a smooth implementation and call for future expansion of the reduced rate to more products and an extension beyond the current one-year period.
TVNET · 7 Jul, 10:37

Number of Home Loans in Latvian Regions Triples in Three Years
The number of home loans in Latvian regions has tripled over the past three years, exceeding 700 transactions, according to data from Luminor bank.
Dienas Bizness · 7 Jul, 09:37
Leiden-based Whispp raises €5M to scale on-device voice reconstruction AI technology globally
Whispp, an AI startup specializing in audio-to-audio voice reconstruction, has raised €5 million to expand its technology worldwide.
EU-Startups · 7 Jul, 09:37

Kazakhstan Attracts Billions for One of Europe's Largest Data Centers
Kazakhstan has secured investments of up to $10 billion for a data center project that will be among the largest in Europe. The first phase involves $5 billion, with the facility expected to be operational by 2027.
Dienas Bizness · 7 Jul, 08:37

WiseTech shares rise after co-founder resigns as chair amid police probe
Richard White stepped down as executive chair of WiseTech, denying allegations of sexual exploitation and visa fraud. The company's shares jumped 8.1% on the news.
The Guardian World · 7 Jul, 08:37

Economists Forecast Slight Decline in Annual Inflation in Latvia for June
Economists predict that Latvia's annual inflation fell to 3.3–3.4% in June, down from 3.5% in May.
Jauns.lv · 7 Jul, 07:36
Global Stock Markets Mixed, US Tech Shares Rise on Earnings
Global stock markets experienced fluctuations on Monday without a clear unified trend, while US technology stocks rose as companies continued to release quarterly earnings reports.
Dienas Bizness · 7 Jul, 07:36

Latvian-made digital tool for sports team management
CoachSet, a platform replacing Excel and paper notes for coaching, has been developed in Latvia by coach Sandis Mežaraups with support from the StartSchool program. Initial versions target hockey and floorball.
Dienas Bizness · 7 Jul, 06:36

Google Uses Your Data to Train AI: Here’s How to Opt Out
Google quietly updated its privacy settings in June, now saving media like images and audio from Search services for AI training, with users automatically opted in. The change affects multiple services including Maps, Lens, and Translate, but users can adjust settings to opt out.
TechCrunch · 7 Jul, 05:38

Katalyst's satellite rescue mission chases NASA's Swift observatory
Katalyst Space Technologies has successfully launched the Link satellite to rescue NASA's Swift observatory from orbital decay. This is the first commercial attempt to capture an unprepared satellite.
Ars Technica · 7 Jul, 05:38

German police seize Lamborghini Urus and luxury watches
During a checkpoint on the A3 highway near Passau, German police confiscated a Lamborghini Urus, cash, and two luxury watches from a Serbian driver who could not prove their origin.
iAuto.lv · 7 Jul, 05:36

US Nuclear Regulatory Commission Proposes to Drop ALARA Principle, But Keeps Scientific Basis
The US NRC has proposed new rules that replace the "as low as reasonably achievable" (ALARA) principle with a graded approach to radiation exposure limits, while retaining the linear no-threshold (LNT) model. The changes are minimal and would save the industry about $9.5 million per year.
Ars Technica · 7 Jul, 04:38

Netflix invented binge-watching, but now it may have outgrown it
A Bloomberg report suggests Netflix viewers are increasingly abandoning popular shows before the second season as the platform faces competition from TikTok and YouTube, and its binge model may no longer suit modern attention spans.
TechCrunch · 7 Jul, 04:36

Microsoft Layoffs Extend Beyond Xbox, 3,200 More Jobs Cut
Microsoft announced an additional 3,200 job cuts in its Commercial Business segment, bringing total layoffs on July 6 to 4,800 across Xbox and other divisions, affecting 2.1% of its global workforce.
Engadget · 7 Jul, 03:38

Russia suspected of using shadow fleet ships to launch drones over Europe, report says
A new report from the International Institute for Strategic Studies suggests that mysterious drone flights over European military bases and airports may be part of a coordinated Kremlin campaign launched from Russian-linked commercial ships, highlighting vulnerabilities in European air defenses.
Ars Technica · 7 Jul, 03:37

The first AI-run ransomware attack still needed a human
Cybersecurity researchers at Sysdig documented the first known case of agentic ransomware, where an AI agent autonomously executed the attack, but a human was still required to set up infrastructure and choose the victim.
TechCrunch · 7 Jul, 03:36

FCC to End Rule Requiring ISPs to Itemize All Fees on Broadband Labels
The Federal Communications Commission will vote in late July to scrap a Biden-era rule that forces internet service providers to list all passthrough fees, while also making price labels less accessible to consumers.
Ars Technica · 7 Jul, 02:37
Russian Stocks Hit Three-Year Low as Moscow Exchange Index Plunges
The Moscow Exchange Index fell to its lowest level since February 2023, dropping 2.45% on July 6 to 2,187.83 points.
Meduza · 7 Jul, 02:37

Can China Repeat Its EV Success with Robotaxis?
China's autonomous driving firms leverage the country's vast EV ecosystem to develop robotaxis quickly and cheaply, but face hurdles in global expansion due to extreme weather, safety concerns, and geopolitical barriers.
BBC World · 7 Jul, 02:37

US investors will soon get access to SK Hynix, another memory maker riding the AI boom
South Korean memory chip maker SK Hynix plans to sell nearly 17.8 million shares in a U.S. IPO, potentially raising about $28 billion, as AI-driven memory demand creates a shortage.
TechCrunch · 7 Jul, 02:36