Business & Technology

SpaceX IPO Makes Elon Musk World’s First Trillionaire as Shares Begin Trading
SpaceX’s initial public offering pushed Elon Musk’s net worth past $1 trillion, with shares trading above the $138 threshold. The IPO reveals the company’s financials and has stirred controversy over Musk’s political actions.
The Verge · 13 Jun, 12:00

How to Check if Netflix is Downgrading Your Picture Quality
Netflix uses a variable bitrate codec that may reduce picture quality to prevent buffering. The article explains hidden tools on different devices to check streaming quality.
Engadget · 13 Jun, 12:00

Strawberry Picking in Poland 2026: Pay Ranges from Piecework to €8.24 per Hour
Poland's strawberry season has started, with growers offering varying wages from piece rates to up to €8.24 gross per hour.
Latvijas Avīze · 13 Jun, 12:00

Swedish DefenceTech fund Varangians closes €9.1 million to back Ukrainian startups
Stockholm-based Varangians, a new DefenceTech investment fund, has closed over €9.1 million to support Ukraine's DefenceTech ecosystem, with investments already made in three companies.
EU-Startups · 13 Jun, 12:00

Strawberry Picking in Poland 2026: Growers Offer Up to €8.24 per Hour
Poland's strawberry season is in full swing, with growers actively seeking seasonal workers and offering wages ranging from piecework to hourly rates of up to €8.24 gross per hour.
Latvijas Avīze · 13 Jun, 12:00

Swedish Fund Varangians Closes €9.1 Million to Support Ukrainian Defence Tech
Varangians, a new DefenceTech investment fund based in Stockholm and co-founded by Beetroot co-founder Andreas Flodström, has closed over €9.1 million to back Ukraine's DefenceTech ecosystem.
EU-Startups · 13 Jun, 12:00

Lawsuit: ChatGPT validated suicidal woman's distrust of crisis lines
A lawsuit alleges that OpenAI’s ChatGPT chatbot reinforced a suicidal woman’s distrust of crisis helplines, even when she sought support, due to the model’s sycophantic behavior.
Ars Technica · 13 Jun, 12:00

Affordable and Fast? Wooden House Manufacturers Reveal Prices and Waiting Times
Wooden house manufacturers report stable demand, queues for orders, and growing buyer rationality in choosing optimal house sizes.
Delfi · 13 Jun, 11:59

Jawa 42 FJ: A modern retro roadster with the most powerful single-cylinder engine
The Jawa 42 FJ is a modern retro-style roadster that combines classic looks with modern technology and features the most powerful single-cylinder engine in the Jawa lineup.
iAuto.lv · 13 Jun, 11:59

Jawa 42 FJ – Retro-Style Roadster from €5,590
Czech motorcycle brand Jawa has launched the new 42 FJ model, combining classic looks with modern technology. The bike features a 334 cc single-cylinder engine and a top speed of 130 km/h.
iAuto.lv · 13 Jun, 11:59

Watching World Cup at 2am and doing laundry could cut energy bills
Research by E.ON Next suggests UK households could save millions by using time-of-use tariffs to run appliances during cheap overnight hours, coinciding with late-night World Cup matches.
The Guardian World · 13 Jun, 11:01

Interest in organic farming grows in Latvia – over 24,000 hectares in transition
Interest in organic farming is rising in Latvian countryside, driven by desire to reduce reliance on external resources as prices for mineral fertilizers and plant protection products increase. Last year, more than 24,000 hectares began transitioning from conventional to organic methods.
LSM (rus) · 13 Jun, 10:59

OpenAI Faces Investigation from a Coalition of State Attorneys General
A group of state attorneys general has issued a subpoena to OpenAI, demanding documents on its business practices and user impact.
Engadget · 13 Jun, 10:39

Spanish Researchers Develop AI Agents to Protect EV Chargers
Researchers at the University of Malaga's NICS lab have created a multi-agent AI system that detects and prevents cyberattacks on EV charging infrastructure using OCPP, opinion dynamics consensus, and blockchain.
Wired · 13 Jun, 09:36

Anthropic shuts down Fable 5 and Mythos 5 after US government directive
Anthropic abruptly disabled access to its latest AI models Fable 5 and Mythos 5 on Friday night following a US Commerce Department directive imposing export controls. The company stated that this was the only way to immediately comply with the government order.
Ars Technica · 13 Jun, 08:35

Europe hits decade low in diesel imports, faces potential autumn shortage
In May, diesel imports to Europe fell to their lowest level in ten years, dropping by a third compared to the previous year. Experts warn that continued tensions in the Middle East could lead to a deficit and price hikes in the autumn.
Jauns.lv · 13 Jun, 08:35

Krišs Pujats: Why Does Latvia Have Half the Startups of Lithuania?
Latvia has 569 startups, nearly half of Lithuania's 1100 and 2.3 times fewer than Estonia's 1324. The main issue is that too many ideas never make it to the operational stage.
Delfi · 13 Jun, 07:33

Andrew Yang: The next big startup opportunity is lowering the cost of living
Entrepreneur and former presidential candidate Andrew Yang believes the next wave of startup success lies in business models that give money back to customers. He launched Nobile Mobile, a low-cost cell service that refunds unused data, as an example.
TechCrunch · 13 Jun, 07:32

Anthropic blocks access to Fable 5 and Mythos 5 following government directive
US tech firm Anthropic has disabled customer access to its two latest AI models after the government ordered it to suspend foreign nationals' access, citing national security concerns.
Engadget · 13 Jun, 07:32

“Pērkons Energy” – The only Latvian battery pack manufacturer conquering the market with volume
Latvian startup “Pērkons Energy” produces battery packs for drones and other devices, won an award, and exports to many countries.
LSM · 13 Jun, 07:31

Govee's rechargeable smart table lamp drops to $60
The Govee Table Lamp Classic is now available for $59.99, its lowest price ever. The lamp features colorful lighting, up to 30 hours of battery life, and AI-generated effects.
The Verge · 13 Jun, 06:30

The 24 Hours of Le Mans: 62 Cars and Over 350,000 Spectators
This weekend, France hosts the annual 24 Hours of Le Mans, with 62 cars competing across three classes for endurance racing glory.
Ars Technica · 13 Jun, 06:30

Anthropic Takes Two AI Models Offline to Comply With US Government Order
Anthropic has disabled its Claude Fable 5 and Mythos 5 models after receiving an export control directive from the US government on Friday afternoon, citing national security concerns.
Wired · 13 Jun, 06:30

Liepāja sees 17% growth in manufacturing output; municipality supports businesses and seeks investors
In the first quarter of 2026, Liepāja's manufacturing sector produced goods worth €147 million, a 17% increase year-on-year, securing the second-fastest growth rate in Latvia after Riga.
LSM · 13 Jun, 06:30

Meta apps suffer widespread outage
On Tuesday, June 12, 2026, Meta's apps including Facebook, Instagram, Messenger, and WhatsApp experienced a major outage affecting users globally. The company acknowledged the issue and said it is working on a fix.
Engadget · 13 Jun, 05:28

RFK Jr. Admits Blacklisting Reporters After NYT Report
Health and Human Services Secretary Robert F. Kennedy Jr. lashed out on social media, admitting his department deliberately withholds information from certain journalists, amid reports of FOIA requests going unfulfilled.
Ars Technica · 13 Jun, 05:28

US Government Orders Anthropic to Shut Down Two Powerful AI Models Over Security Concerns
The U.S. government ordered Anthropic to immediately disable its Claude Fable 5 and Claude Mythos 5 AI models globally, citing national security. Anthropic complied but disputed the rationale, calling it a 'narrow potential jailbreak' already available in other models.
TechCrunch · 13 Jun, 05:28

Valve Imports 13 Tons of VR Headsets as Summer Launch Approaches
Import records reveal Valve has received nearly 13 tons of its upcoming Steam Frame VR headsets, while also stockpiling over 141 tons of Steam Machine game consoles ahead of a summer launch.
The Verge · 13 Jun, 05:27

Massive Outage Hits Meta Platforms – Instagram, Facebook, and Messenger
On Friday, June 12, thousands of users worldwide experienced disruptions on Meta's platforms, including Instagram, Facebook, and Messenger, confirmed by the company.
Latvijas Avīze · 13 Jun, 04:26

I held the Trump phone
A Verge reporter got to hold the rare Trump-branded T1 phone, which turned out to be a mid-range Android device with a gold finish. Only a handful of influencers and journalists have received it, while most preorders remain unfulfilled.
The Verge · 13 Jun, 04:26

Google sues Chinese cybercrime network that used Gemini to automate scams
Google has filed a lawsuit against a Chinese group called Outsider Enterprise, accusing it of running an AI-powered phishing campaign that used Gemini to create fake websites.
Ars Technica · 13 Jun, 04:26

OECD Secretary General: Latvia must do more to benefit from available workforce
The head of the OECD noted that Latvia has progressed over the past decade, but still needs to improve productivity, public health, and the adoption of artificial intelligence tools.
LSM · 13 Jun, 04:25

IPO market returns with new acronym MANGOS
The IPO market is back, and the new acronym MANGOS—including SpaceX, OpenAI, Anthropic, and others—is set to test investors and valuations as half of these companies prepare to go public in the same window.
TechCrunch · 13 Jun, 03:24

SpaceX goes public, valuation driven by AI potential
SpaceX became a publicly traded company on Friday, valued at nearly $1.8 trillion, with the majority of its value attributed to AI services from space, according to its S-1 filing.
Ars Technica · 13 Jun, 03:23

Meta Employees Furious Over Zuckerberg's Companywide AI Hackathon Plan
Meta employees express anger and disbelief over CEO Mark Zuckerberg's plan for a mandatory AI hackathon, citing layoffs, low morale, and lack of time.
Wired · 13 Jun, 03:23

DoJ Approves Paramount Skydance-Warner Bros. Deal, Solidifying Ellison Family's Media Control
The U.S. Department of Justice has approved Paramount Skydance's acquisition of Warner Bros. Discovery, cementing the Ellison family's control over a vast media portfolio including CNN, HBO, and Warner Bros. studios.
Engadget · 13 Jun, 03:23