Business & Technology

Microsoft's AI beats doctors on complex diagnoses in a simulation, study finds
Microsoft's MAI-DxO system correctly diagnosed 83% of complex medical cases in a simulation, against 36% for generalist doctors. Microsoft AI CEO Mustafa Suleyman calls it a step toward "medical superintelligence".
TechCrunch AI · 22 Oct, 21:55

Microsoft AI System Outperforms Doctors on Complex Medical Cases in Simulation
Microsoft's MAI-DxO AI system correctly diagnosed 83% of complex cases in a simulation, versus 36% for primary care doctors and general internists. The company calls it a step toward "medical superintelligence," though the study's data suggests much of the gain comes from stronger underlying models.
TechCrunch · 22 Oct, 21:55

New Amazon Fire TV Stick 4K Already Selling at Half Price
Amazon and US electronics retailer Best Buy are selling the latest Fire TV Stick 4K streaming device for $29.99, half its regular price. The device no longer needs a separate power connection.
The Verge · 22 Oct, 21:55

Japanese tech company Epson opens European business services centre in Riga
Japanese technology group Epson has chosen Riga as the home of its new European Business Services Centre. The investment in the project exceeds six million euros.
LSM · 22 Oct, 20:56

Elon Musk reportedly invests $1 billion in media company Skydance
Tech entrepreneur Elon Musk has invested about $1 billion in the newly formed media company Skydance, Semafor reports. The company was created after Paramount's acquisition of Warner Bros. Discovery.
TechCrunch · 22 Oct, 20:55

Amazon renames Kindle Unlimited to Kindle Plus and expands audiobook access
Amazon has rebranded its Kindle Unlimited subscription as Kindle Plus. It stays at $11.99 a month and now adds audiobooks, including ones read by AI narrators.
The Verge · 22 Oct, 20:53

About 150 websites and digital services temporarily shut down in Latvia over a cybersecurity risk
Because of a critical cyber vulnerability, about 150 digital resources were temporarily suspended in Latvia. An LSM talk show in Russian discussed why this caused alarm in Latvia while neighbouring countries stayed calm.
LSM (rus) · 22 Oct, 19:54

Chinese hackers spied on thousands of companies after breaching ConnectWise
China state-aligned hackers broke into the cloud backup service of IT management firm ConnectWise and stole application credentials. Microsoft researchers say AI agents helped them compromise about 2,250 organizations.
TechCrunch AI · 22 Oct, 19:54

airBaltic Files First Monthly Operating Reports With US Court in Chapter 11 Case
Latvia's national carrier airBaltic and its subsidiaries have filed with a US bankruptcy court their first reports covering 17 days since the Chapter 11 process began. The company says the figures are preliminary and that flights continue as scheduled.
Jauns.lv · 22 Oct, 19:54

Critical PHP Flaws Were Targeted Days Before the Patch Was Released
Amazon's security team detected exploitation attempts against two critical flaws in the PHP programming language before a fix was published. The PHP Foundation says no successful remote code execution is known and urges systems to be updated.
The Verge · 22 Oct, 19:53

Apple Mac Mini M4 on Sale for $649, but With a Catch
The base model of Apple's Mac Mini M4 desktop is on sale for $649, which is $150 below its list price. The price is still higher than when the machine launched in 2024.
Wired · 22 Oct, 18:56

LMT and Sweden's Telia Company hold talks on buyout of shares
The management of Latvian mobile operator LMT has met representatives of Swedish telecom company Telia Company to discuss a share buyout deal. LMT says the talks were constructive and both sides want to find the best solution.
TVNET · 22 Oct, 18:54
CLARITY Act Fails in US Senate, Leaving Crypto Rules Unsettled
The CLARITY Act, a US bill meant to clarify how digital assets are classified and overseen, has failed in the Senate. American investors remain without that framework for now, and the market reacted within hours.
EU-Startups · 22 Oct, 18:54

Tesla prepares to roll out Cybercab robotaxis in new cities
US carmaker Tesla plans to launch its Cybercab robotaxi service in Dallas next month and expand it to other cities by the end of the year. The company has not disclosed how much its robotaxi business earns, and regulatory and technological hurdles remain.
TechCrunch · 22 Oct, 18:54

OpenAI, Anthropic and Nvidia Post Record Quarterly Lobbying Spending in US
AI firms OpenAI, Anthropic and Nvidia each spent more on US federal lobbying in July–September than in any previous quarter. Nvidia spent $2.2 million, Anthropic $2.1 million and OpenAI $1.5 million.
The Verge · 22 Oct, 18:53

Coolfly's Solar-Powered Aura Smart Bird Feeder Is Nearly Half Price
Coolfly's camera-equipped Aura Smart Bird Feeder is on sale for $149.90, which is $140 off. Discounts also apply to a Birdfy feeder, a JBL speaker, a Baseus dock and Govee curtain lights.
The Verge · 22 Oct, 17:55

monobank customers get 25% off a subscription to Ukrainian outlet Ukrainska Pravda
The app of Ukrainian bank monobank is showing customers a personal offer: a promo code for 25% off a subscription to Ukrainska Pravda. The offer runs until 31 October.
Pravda — ziņas · 22 Oct, 17:54
NEURA Robotics unveils new robot and a robotics training facility near Munich
Robotics company NEURA Robotics, described as a unicorn, has announced a new robot and, together with the Technical University of Munich, opened the TUM RoboGym training facility.
EU-Startups · 22 Oct, 17:53

Some Latvian fuel stations to be required to have backup power and communications
Latvia's parliament has given final approval to amendments to the Energy Law requiring certain fuel stations to keep operating during power and communications outages. The obligations are to be met by 30 June 2028.
iAuto.lv · 22 Oct, 16:56

Credit Information Bureau launches new reputation and compliance check solution
AS “Kredītinformācijas Birojs” has added a new service that lets companies check the reputation and compliance of clients and business partners. It is meant to help spot risks before cooperation begins.
Labs of Latvia · 22 Oct, 16:55

AI agents are ready to shop, but some retailers are wary
AI shopping agents from tech companies are meeting resistance from retailers: Amazon has blocked Meta's Muse agent, and other sites and service providers also restrict access.
The Verge · 22 Oct, 15:56
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About 95% of Latvia's key digital resources already updated after PHP vulnerabilities found
Around 95% of digital resources important to Latvia have already been updated after security vulnerabilities were discovered in the PHP programming language. This was reported by Cert.lv.
TVNET · 22 Oct, 15:55
Spanish VC Seaya raises €600 million for new fund in just six months
Seaya, a Spanish investment platform, has launched a growth fund called Seaya Nova after a first close of €600 million. The fund will invest €20–50 million in each company.
EU-Startups · 22 Oct, 14:55

Six-month Euribor tops 3% mark again in Estonia
The six-month Euribor, to which most Estonian home loans are tied, rose to 3.03% on 21 October. It has now crossed the 3% level for the second time this year.
ERR (rus) · 22 Oct, 14:53
European biotech firms look for ways to bring cancer research to patients faster
In describing a new roundtable podcast episode, the news site EU-Startups lists four European biotech themes in cancer care. They cover moving science into treatment, using microalgae to make biologic drugs, making cell therapy scalable, and the role of AI in chemistry.
EU-Startups · 22 Oct, 13:57

Meta's Ad Revenue Growth in Europe Slows After Rollout of Less Personalized Ads
Meta's advertising revenue in Europe grew 18% in the third quarter, versus 33% in the US and Canada. An analyst links the slowdown to the less personalized ads option offered to EU users.
Wired · 22 Oct, 13:55

MINI Countryman Untamed Edition: New Off-Road Trim Package Unveiled
Car brand MINI has presented the Untamed Edition of its Countryman model, featuring a raised suspension and all-terrain tyres. Production in Leipzig starts in late 2026, with the first cars reaching customers in early 2027.
iAuto.lv · 22 Oct, 12:55
UK leads Europe's startup funding race, but with a catch
New research shows startup investment in the UK is growing. The headline, however, signals that the lead comes with a caveat.
EU-Startups · 22 Oct, 11:55

Critical PHP Flaws Force Websites Offline Across Several Countries
Two critical security vulnerabilities have been found in PHP, the programming language behind around 70% of websites worldwide. Developers issued emergency fixes on Wednesday, while governments and organisations temporarily shut down sites as a precaution.
Euronews · 22 Oct, 11:54
Hackers exploit a Staples system flaw to create gift cards worth €4.3 million
An organised crime group from China exploited a weakness in the customer support system of US retailer Staples and fraudulently created more than 15,000 gift cards. Their total value is about €4.3 million.
Kursors.lv · 22 Oct, 10:54

Tele2 HR chief: three pillars for introducing artificial intelligence at work
The Personnel Department director of the multiservice company Tele2 says successful AI adoption in a company rests on security, self-learning and sharing experience. She stresses that the key resource is people's ability to understand where and how to use the tools.
Diena · 22 Oct, 10:54
Spotify removes 50 million suspicious and AI-generated tracks from recommendations
Music streaming platform Spotify has taken about 50 million songs out of its recommendations over the past six months. The company is targeting content it calls “AI-generated trash”.
Kursors.lv · 22 Oct, 09:54
Barcelona's Masia closes €18 million debut fund and opens a physical hub
Masia, a Barcelona-based venture capital platform, has closed its €18 million first fund for early-stage AI and frontier tech companies. It is also opening a physical hub for founders and investors in the sector.
EU-Startups · 22 Oct, 09:53

Fitch affirms Latvia's credit rating at 'A-'
International rating agency Fitch Ratings has kept Latvia's credit rating at 'A-' with a stable outlook. The information was provided by the Latvian Ministry of Finance.
LSM · 22 Oct, 08:55

Governments and firms rush to secure systems after serious PHP flaws disclosed
After critical security flaws were found in the PHP programming language, which underpins a large share of the world's websites, UK and other authorities are urging users to apply fixes. Amazon recorded several attack attempts before the warning embargo was lifted.
BBC World · 22 Oct, 08:55

Expert: PHP Vulnerability Is the Most Dangerous on the Internet He Can Remember
A vulnerability in PHP software discovered globally this week led to several Latvian government and municipal websites being shut down as a precaution. Cybersecurity expert Kirils Solovjovs called it the most dangerous he can recall.
LSM (rus) · 22 Oct, 08:54