Business & Technology (37)

Indexo and Indexo Bank Increase Share Capital

Latvian investment management company Indexo and Indexo Bank have increased their share capital. In Indexo's case, the new shares were subscribed by Lauris Libert's investment company Pirmdiena, which invested three million euros.

Dienas Bizness · 28 Oct, 18:11

Marissa Mayer and Tech Leaders Draw Criticism for Using AI in Family Life

Former Yahoo CEO Marissa Mayer has faced criticism over how she described the capabilities of her new AI app Dazzle in an interview. A TechCrunch commentary argues that tech executives' vision for AI in relationships differs from public opinion.

TechCrunch AI · 28 Oct, 18:11

Swedbank to cut about 100 jobs in the Baltics, but says no mass layoffs are planned

The Swedbank group plans to reduce its headcount by about 500 people, around 100 of them in the Baltic states. Swedbank Latvija says large-scale layoffs are not planned.

LSM (rus) · 28 Oct, 18:11

Reddit to split its main feed into "for you" and "following" tabs

Social platform Reddit is dividing its main feed into an algorithm-driven "for you" tab and a "following" tab with posts from joined subreddits. The company is hoping to boost user engagement.

Engadget · 28 Oct, 18:10

Reddit introduces a TikTok-style "For You" feed

Social platform Reddit will show two feeds on its homepage: a personalized "For You" and a "Following" feed. The change will roll out globally over the coming weeks.

TechCrunch · 28 Oct, 18:09

UK growth forecast for 2027 cut despite Healey's budget measures

The UK's independent fiscal watchdog, the OBR, has cut its 2027 growth forecast to 1% as the Middle East war pushes up energy costs. The downgrade came as Chancellor John Healey presented his first budget.

The Guardian World · 28 Oct, 17:11

Nvidia releases open Nemotron 3.5 Transcribe speech-to-text model

Chip and AI company Nvidia on Wednesday released Nemotron 3.5 Transcribe, a free open-weight model that transcribes audio in up to 40 languages. It also published version 2 of its open Granary speech dataset.

TechCrunch · 28 Oct, 17:11

Sony Unveils Transparent PlayStation 5 Controllers and Console Covers

Sony has announced Prism, a collection of colorful, see-through accessories for the PlayStation 5. Preorders open on November 10, with shipping from February 4.

Wired · 28 Oct, 17:10

8BitDo launches $150 Ultimate 3E controller for Xbox and PC

Gaming accessory maker 8BitDo has released the Ultimate 3E, its first premium controller for Xbox and PC players. It costs $150, and The Verge's reviewer finds it highly customizable but expensive.

The Verge · 28 Oct, 17:10

Photographer Holly Lynton explains her image of a bare-handed beekeeper from the series Bare Handed

US photographer Holly Lynton describes how her photograph of a beekeeper with bees on his hands and face was made in New Mexico. It belongs to her series Bare Handed, about people who work with nature without fear.

Guardian Farming · 28 Oct, 17:09

Meta launches AI pet app Waddle World

Meta, the US social media and technology company, has released Waddle World in the Philippines on iOS and Android. The app lets users raise a virtual pet, in the style of Tamagotchi, with AI features.

TechCrunch · 28 Oct, 16:11

EPPO probe into EU funds in Aluksne: Latvia's anti-corruption bureau detains PM adviser Brencis

Latvia's Corruption Prevention and Combating Bureau (KNAB), acting on a request from the European Public Prosecutor's Office (EPPO), carried out searches in Aluksne municipality and detained Prime Minister Andris Kulbergs's adviser, newly elected MP Martins Brencis. The investigation concerns suspected procurement fraud involving more than 1.4 million euros of EU funding.

Dienas Bizness · 28 Oct, 16:09

TikTok launches restaurant guide to rival Yelp and Google Maps

TikTok has added a section called Must Eat to its app, building restaurant recommendations from videos and comments on the platform. It is initially available in three US regions.

The Verge · 28 Oct, 15:10

TechCrunch Founder Summit for Startup Founders Set for Boston on November 4

Tech news outlet TechCrunch is holding a one-day event for startup founders at Boston's SoWa Power Station on November 4. Seven days remain, and tickets still carry a discount of up to $100.

TechCrunch · 28 Oct, 15:10

Engadget Review: New Kindle Colorsoft Signature Edition Is Good but Pricey

Engadget has rated Amazon's color ereader, the Kindle Colorsoft Signature Edition, 8.5 out of 10. At $320, the reviewer says the extra cost over the base model is not fully justified.

Engadget · 28 Oct, 15:09

TechCrunch Founder Summit Set for Boston on November 4, With Ticket Discount of Up to $100

TechCrunch's one-day event for startup founders, Founder Summit, takes place in Boston on November 4. Tickets are available at a discount of up to $100 until the doors open.

TechCrunch AI · 28 Oct, 15:09

New Kindle Paperwhite and Colorsoft: Aluminum Frame and an $80 Page-Turn Cover

Wired's review looks at Amazon's 2026 Kindle Paperwhite and Kindle Colorsoft Signature Editions, which have an aluminum-backed frame. The main draw is compatibility with the new page-turn cover, though the total price is high.

Wired · 28 Oct, 15:09

Italian startup Magic Vision raises €600k for monitoring technology for older people

Magic Vision, an Italian DeepTech startup building AI and computer vision tools to monitor and support older and vulnerable people, has closed a €600k funding round.

EU-Startups · 28 Oct, 14:11

Amazon Launches Echo Studio Smart Speaker With Built-In Camera

Amazon has refreshed its smart speaker range and released the Echo Studio with Home Camera, which has a built-in camera. It costs $250 and keeps the Dolby Atmos sound and Alexa+ features.

Engadget · 28 Oct, 14:10

Amazon Unveils Alexa Photo Frame, Bedside Clock and New Echo Speakers

US tech company Amazon on October 28 introduced new Echo devices, including its first Alexa Photo Frame and the Echo Time clock. The products are built for the upgraded Alexa+ voice assistant and are on sale now.

Wired · 28 Oct, 14:09

Heatbit unveils Bitwater, a water heater element that mines Bitcoin while heating

The company Heatbit has developed Bitwater, a device that replaces the heating element of an electric water heater while also mining the cryptocurrency Bitcoin. It is designed to be installed by users themselves.

Kursors.lv · 28 Oct, 13:10

Opinion: Scaling Is the Real Test of Europe's AI Boom

An opinion piece on the European startup news site EU-Startups says the AI funding surge is not benefiting every part of the market equally. Funding in mid-sized rounds fell in the first nine months of 2026.

EU-Startups · 28 Oct, 13:08

Startup OKA unveils Mori, a mushroom-shaped robot offering calm presence at home

The startup OKA is offering Mori, a mushroom-shaped home robot that does not communicate with words. It is pitched as an alternative to humanoid robots and devices with bright screens.

Kursors.lv · 28 Oct, 12:11

Wired Columnist Urges Letting Today's Internet "Die", Citing Journalist John West's Book on the Web's Decay

Wired senior writer Miles Klee argues in an opinion piece that people should abandon the platform-dominated internet, drawing on journalist John West's book about the web's fragility. West holds that the internet has always gone through cycles of death and rebirth.

Wired · 28 Oct, 12:10

Ahead of COP31, Agriculture Gets Just 2.5% of Public Climate Finance

Agriculture and land use receive only 2.5% of public climate finance despite producing about 33% of global greenhouse gas emissions. Ahead of the UN's COP31 climate conference, experts are urging that smallholder farmers be supported first.

AgFunderNews (agrotehn.) · 28 Oct, 12:09

Chinese brand PXN shows PXN W TS wheel designed for truck simulators

Chinese gaming peripherals maker PXN has demonstrated its PXN W TS steering wheel at the “SimRacing Expo” in Frankfurt. The device is aimed at players of truck games such as “Euro Truck Simulator 2” and “American Truck Simulator”.

Kursors.lv · 28 Oct, 11:11

Lending in Latvia Outpaces GDP Growth, Yet Credit-to-GDP Ratio Remains Among Euro Area's Lowest

A Bank of Latvia report shows lending to businesses and households in Latvia is growing at one of the fastest rates in the euro area. Even so, the ratio of outstanding loans to GDP remains among the lowest in the euro area.

Dienas Bizness · 28 Oct, 11:09

Green Climate Fund Approves $184.8 Million for Projects in Algeria and Mexico

The Green Climate Fund (GCF) has approved two projects worth $184.8 million in Algeria and Mexico, backed by the UN Food and Agriculture Organization (FAO). They target forest management, land restoration and sustainable livestock production.

FAO · 28 Oct, 11:09

BASF raises profit forecast after price hikes tied to Iran war

German chemicals group BASF now expects core profit of €7.4–7.8 billion this year after raising prices to offset higher energy and raw material costs. Third-quarter core profit rose 15%.

Euronews Business · 28 Oct, 10:11

AI Adoption Requires Changing Organisational Culture, Not Just Tools

The success of artificial intelligence (AI) adoption in companies depends on work culture and management, not only on the chosen technology. In a study, executives admit losses from initiatives that could have been halted sooner.

Dienas Bizness · 28 Oct, 10:10

Nvidia Floats Annual Software Subscription Fee on Top of Its Data Center Chips

Jensen Huang, head of technology company Nvidia, proposed at the GTC Berlin event an annual software subscription fee in addition to selling data center graphics processors. As an example, he cited roughly $2,000 per year for each processor.

Kursors.lv · 28 Oct, 10:10

Polish representative elected deputy chair of Copa-Cogeca dairy working group

Dorota Grabarczyk of the Polish Federation of Cattle Breeders and Milk Producers has become deputy chair of the Copa-Cogeca dairy working group. The meetings focused on low farm-gate milk prices, high costs and feed availability.

farmer.pl cenas (Polija) · 28 Oct, 10:08

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Citadele: Renewable Energy Gives the Baltic States an Edge Over Western Europe

Rūta Ežerskiene, CEO of Citadele bank, says wind and solar development is helping the Baltic states reduce reliance on imported energy. In the third quarter of this year, Latvia's wholesale electricity price was roughly a third lower than Germany's.

iAuto.lv · 28 Oct, 09:11

Europe Prices for Xiaomi 18 Pro and 18 Pro Max Appear on Italian Retailer's Site

Xiaomi's upcoming flagship phones, the 18 Pro and 18 Pro Max, have appeared on an Italian retailer's website ahead of their official European launch. The listing shows expected prices, colour options and technical specifications.

Kursors.lv · 28 Oct, 09:11