Business & Technology
Fox acquires streaming platform Roku in €19.1 billion cash-and-stock deal
Media giant Fox is buying Roku for about €19.1 billion, or $160 per share, merging Fox's content portfolio with Roku's platform and over 100 million global streaming households.
Euronews Business · 15 Jun, 15:20
Stūrmane: Exporters must catch the defense wave
Līva Stūrmane, the newly confirmed head of the Latvian Exporters Association The Red Jackets, says in an interview that exporters need to ride the current defense wave to improve the trade balance.
Dienas Bizness · 15 Jun, 15:20
Honor Magic V6 sets three foldable firsts
The Honor Magic V6 is the thinnest, most water-resistant, and largest-battery foldable phone yet, but real-world improvements are modest.
The Verge · 15 Jun, 14:21
Rietumu Banka Becomes Premium Partner of AmCham
Rietumu Banka has elevated its partnership with the American Chamber of Commerce in Latvia to Premium level, signaling deeper involvement in fostering business environment and investment.
Jauns.lv · 15 Jun, 14:20
New Insurance Niche: Military Risk Coverage in Peacetime
Some insurance companies in Latvia have started offering coverage for military risks in peacetime, responding to the growing damage caused by military drones.
LSM · 15 Jun, 14:20
Gay OnlyFans Star’s X Account Hacked, Flooded with MAGA Propaganda
Patrick Bewley, known as Daddy Patrick, had his X account hacked and filled with pro-Trump posts as part of a crypto extortion scam.
Wired · 15 Jun, 13:21
Multiple US states subpoena OpenAI over ChatGPT user safety amid IPO push
Several US state attorneys general have demanded a wide range of documents from OpenAI about how ChatGPT protects users, posing a fresh challenge as the company prepares for a potential initial public offering.
Euronews Business · 15 Jun, 13:20
PM Suspends Large ICT Procurements for 30 Days for Evaluation
Latvia's Prime Minister has halted large information and communication technology procurements for a month to allow the industry to propose solutions for more efficient fund usage.
Dienas Bizness · 15 Jun, 12:21
Russia Allows Refineries to Produce Substandard Gasoline Amid Fuel Shortage
Russia has extended permission for some refineries to sell gasoline and diesel on the domestic market that fall short of Euro-5 standards, aiming to alleviate fuel shortages.
Meduza · 15 Jun, 11:20
Hansa Group sells Hansabuss to CapMan Infra
Hansa Group has sold its subsidiary Hansabuss to Finnish investment fund CapMan Infra. The deal allows Hansa Group to focus on other activities, while Hansabuss continues operations with current management and employees.
Dienas Bizness · 15 Jun, 11:20
UK Announces Under-16 Social Media Ban
Prime Minister Keir Starmer has announced a total social media ban for children under 16, with measures set to take effect from early next year, including restrictions on gaming and chatbots.
The Verge · 15 Jun, 11:20
Starbucks Korea to Close Stores for History Lessons After 'Tank Day' Furor
Starbucks Korea will shut all outlets early next week for mandatory history and sensitivity training following a marketing campaign that evoked the 1980 military crackdown on pro-democracy protesters in Gwangju.
Al Jazeera · 15 Jun, 10:21
New Import Fee for Low-Value Shipments from Third Countries
Starting now, a fee of 3 euros per product category is applied to low-value shipments from non-EU countries, payable at checkout.
Dienas Bizness · 15 Jun, 10:21
Berlin's Qorelo raises €3 million five months after launch to tackle SAP's 2027 transformation crunch
Berlin-based startup Qorelo, building an AI engine for modern ERP delivery, has raised €3 million in Seed funding just five months after founding. The company aims to address the massive delivery capacity shortage caused by SAP's 2027 migration deadline.
EU-Startups · 15 Jun, 09:21
Riga Airport to reconstruct apron 4, expanding aircraft parking
Riga Airport will fully rebuild apron 4 with support from the European Climate, Infrastructure and Environment Executive Agency (CINEA), creating 10 parking stands for various aircraft classes, including military and cargo planes.
Dienas Bizness · 15 Jun, 09:20
Energy Experts Warn of Slow Oil and Gas Supply Recovery After Iran Deal
Oil and gas supply normalization will take months after the Iran deal due to stranded tankers, shut-in production, and safety concerns in the Strait of Hormuz, analysts say.
Euronews Business · 15 Jun, 08:21
Škoda Vagonka prepares bid for Rail Baltic train procurement; deadline extended to July 31
Czech company Škoda Vagonka is developing an offer for the joint Baltic procurement of up to 20 Rail Baltic regional trains. The submission deadline has been extended to July 31.
Dienas Bizness · 15 Jun, 08:20
LAU Infra Group aims to become a Baltic-level company
State-owned LAU Infra Group is planning expansion in the Baltics and Nordic countries while preparing for an initial public offering (IPO).
Dienas Bizness · 15 Jun, 07:22
Orbio raises $21M to automate hiring and onboarding for frontline workers
Orbio, a startup using AI agents to manage frontline workers, has closed a $21 million Series A funding round led by Dawn Capital.
TechCrunch · 15 Jun, 07:21
Latvia's job market sees rising competition – 31 candidates per vacancy
While the total number of vacancies in Latvia has slightly decreased, demand for workers in some sectors continues to grow. On average, 31 candidates apply for each open position, indicating increasing competition.
Delfi · 15 Jun, 07:21
Reform of Fast Credit Supervision Stalled, but Promised to Be Advanced in Saeima
Non-bank lenders issued over €1 billion in loans in 2025, and discussions continue about transferring supervision from PTAC to the Bank of Latvia, but the new government has paused the process.
LSM (rus) · 15 Jun, 07:20
Latvian fish processing industry faces new challenges: demand may outstrip supply
After losing Russian markets, Latvia's fish processing sector has successfully reoriented to Western markets, but industry leaders warn that growing demand may soon exceed production capacity.
Jauns.lv · 15 Jun, 06:20
Video: Young people crash BMW in Slāvu circle and flee on foot
In Riga, at the Slāvu roundabout, young people driving a BMW lost control, hit a curb and a light pole, then abandoned the car and walked away.
Delfi · 15 Jun, 05:21
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Military sector stocks drop: Are profit opportunities exhausted?
Despite ongoing geopolitical tensions, several military equipment manufacturers have seen their stock prices fall over the past year, raising questions about the sector's investment appeal.
TVNET · 15 Jun, 05:21
Mercedes-Benz Starts Production of Electric VLE with Up to 700 km Range
Mercedes-Benz has begun series production of the fully electric VLE minivan in Spain. It is the first model built on the new VAN.EA platform and offers an estimated range of 700 km.
iAuto.lv · 15 Jun, 05:20
LED Revolution: Could It Perversely Boost CO2 Emissions?
A Sky News article explores the impact of light-emitting diodes (LEDs) on the world and raises a provocative question about a potential increase in carbon dioxide emissions.
Sky News · 15 Jun, 05:20
Extreme weather raises insurance costs in Latvia
Climate change-driven damage from storms, hail, and floods is increasing insurance premiums, particularly affecting home, auto, and agricultural insurance.
Jauns.lv · 15 Jun, 05:20
Slow Progress on Fast Credit Supervision Reform – PTAC Continues, Bank of Latvia Awaits
Last year, over one billion euros were issued in distance credits and non-bank loans, but discussions on transferring supervision from PTAC to the Bank of Latvia have stalled.
LSM · 15 Jun, 04:21
Your Kindle Could Unlock Thousands of Free Books: A Practical Guide
Kindle users have access to over 60,000 free ebooks, but finding them can be tricky. This article outlines methods using Amazon tools, libraries, and special events to fill your device without spending.
Engadget · 15 Jun, 02:21
Convicted Frank founder Charlie Javice reportedly seeks Trump pardon
Charlie Javice, the convicted founder of fintech startup Frank, is reportedly angling for a presidential pardon from Donald Trump, according to the WSJ.
TechCrunch · 15 Jun, 02:20
UK and Japan agree £18bn investment deal
The UK and Japan have signed a multi-billion pound investment deal with Japanese firms investing over £9bn in UK infrastructure and financial services, and up to £9bn in offshore wind, creating tens of thousands of jobs.
BBC World · 15 Jun, 01:22
NASA's X-59 reaches speed and altitude milestones ahead of first quiet supersonic flights
The X-59 research plane hit Mach 1.4 and 55,000 feet in a test flight, moving closer to its Quesst mission over populated areas.
Engadget · 15 Jun, 01:20
How to Save on Kindle Unlimited: Tips and Tricks
Amazon's Kindle Unlimited costs $11.99 per month, but there are several ways to reduce the price, including sharing a subscription, credit card discounts, and promotions.
Engadget · 15 Jun, 00:21
Rare sticker-sealed copy of Super Mario Bros. sells for $3 million
A sealed second-production copy of Super Mario Bros. for NES, featuring a glossy sticker seal used briefly in 1986, fetched $3 million at Heritage Auctions, marking it as the most expensive video game ever sold at auction.
Engadget · 14 Jun, 23:21
UK may ban social media for children under 16
UK Prime Minister Keir Starmer is expected to announce a ban on social media for under-16s on Monday, following Australia’s lead.
TechCrunch · 14 Jun, 23:20
Did a Medieval Flying Monk Spot Halley's Comet Twice? It's Complicated
The legend of monk Eilmer, who attempted flight in 11th-century England, is tied to observations of Halley's comet. New research suggests the second comet he saw might have been the comet of 1018, not Halley's.
Ars Technica · 14 Jun, 22:22