Business & Technology
Nvidia steps up investments and partnerships across Europe
US chipmaker Nvidia announced new investments in startups and launched collaborations in Sweden during a busy week in Europe. The company appears determined to play a bigger role in the continent's technological future.
EU-Startups · 15 Oct, 13:58
Siemens to invest at least €100 million in Estonia's Skeleton Technologies
German technology group Siemens is investing at least €100 million in Estonian supercapacitor maker Skeleton Technologies. The deal lifts the company's valuation above €1 billion.
ERR News · 15 Oct, 13:58
Nissan Qashqai E-Power: an electric car with a petrol generator and range of up to 1,200 km
Japanese carmaker Nissan offers its Qashqai crossover with a third-generation e-POWER system, in which only an electric motor turns the wheels. Prices start at 34,590 euros with a discount, and fuel consumption is 4.3–4.5 litres per 100 km.
Jauns.lv · 15 Oct, 13:56
Atea recommends Dell PowerEdge servers for manufacturers' IT upgrades
IT infrastructure supplier Atea recommends that manufacturers refresh their server infrastructure with Dell Technologies PowerEdge servers. It points to growing data volumes and the obstacles posed by outdated infrastructure.
Dienas Bizness · 15 Oct, 13:56
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Permanent Outdoor Lights for Homes: Who They Suit and Which Sets Are Recommended
Tech outlet Wired has assessed permanent outdoor string lights that attach to a home's eaves. Govee and Eufy sets are named the top picks, while Cync is the best affordable option.
Wired · 15 Oct, 12:58
Starlink satellite internet facility near Sofia, Bulgaria, set on fire
A fire broke out at a Starlink satellite internet facility near Sofia, the Bulgarian capital. The local opposition says it was deliberate arson, and two people have been detained in connection with the attack.
Kursors.lv · 15 Oct, 12:57
Podcast Explains How .lumen Glasses for Blind Users Work
European startup outlet EU-Startups has published a podcast interview with Cornel Amariei, founder of .lumen. He explains the technology behind the glasses and how they compare with a guide dog.
EU-Startups · 15 Oct, 12:56
Survey: Over Half of Latvians See Limited Business Opportunities in Rural Areas
In a survey of Latvian residents, 51% said business opportunities in the countryside exist but are limited. State development finance institution ALTUM has meanwhile launched a loan programme with a capital rebate for rural entrepreneurs.
Dienas Bizness · 15 Oct, 12:56
IMF Warns Attacks on Saudi Arabia Could Hurt Global Economy After Strike on Aramco Headquarters
The International Monetary Fund warned that attacks on Saudi Arabia could harm economies worldwide, after Yemen's Houthis struck the headquarters of oil giant Aramco in Dhahran.
Euronews Business · 15 Oct, 12:55
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Swedbank Baltics Remains Latvia's Most Valuable Company for Fifth Year
AS Swedbank Baltics has been named Latvia's most valuable company for the fifth consecutive year. This is shown by the 2026 Top101 ranking compiled by Nasdaq Riga and Prudentia.
Apollo.lv · 15 Oct, 11:58
AI Share Sell-Off Deepens on Global Markets Amid US Inflation Fears
A sell-off of AI-linked shares has intensified across global markets after US inflation rose to 3.7% in September, raising expectations of further interest rate hikes. South Korean and Japanese chipmakers were hit hardest.
The Guardian World · 15 Oct, 11:58
US Inflation Jump Drags Wall Street Lower While European Stocks Rise
US consumer price growth hit 3.7% in September, above forecasts, sending US stock indexes lower on Wednesday while major European markets gained. Oil prices rose.
Dienas Bizness · 15 Oct, 11:58
HMD launches flip phone for seniors with a built-in AI conversation companion
Mobile phone company HMD has released the HMD 2660 Flip Senior Edition, a button-based flip phone for older people. It includes an AI-based virtual companion named Mary, meant for entertainment and easing loneliness.
Kursors.lv · 15 Oct, 11:57
Survey: Half of Latvians believe a growing business can be built in rural areas
According to a survey by Altum and Norstat, 50% of Latvian residents think people in the countryside can do more than merely get by and can develop a growing business.
LSM · 15 Oct, 11:57
Fairphone unveils Fairbuds 2, easy-to-repair wireless earbuds
Sustainable electronics maker Fairphone has announced its Fairbuds 2 wireless earbuds. The model is more compact than its predecessor and is presented as easy to repair.
Kursors.lv · 15 Oct, 10:58
European Investment Bank seeks cross-border projects in Central Asia
EIB Vice-President Marek Mora said in Astana that the bank wants to expand financing of cross-border infrastructure in Central Asia. Water, energy and transport projects are of particular interest.
Euronews Business · 15 Oct, 10:55
Citadele bank finances two hybrid energy parks in Livani and Kraslava
Citadele bank has provided 3.9 million euros for two hybrid energy parks in Latgale, in Livani and Kraslava. The parks combine solar plants with battery storage and help stabilise Latvia's power system.
Dienas Bizness · 15 Oct, 09:57
Tet and Sadales tīkls test new solution for managing electricity grid load
Technology company Tet has completed its part of a research project in which it and AS Sadales tīkls developed and tested a solution for managing electricity grid load. It is intended for moments when electricity consumption rises.
Kursors.lv · 15 Oct, 09:57
Updated Nissan Qashqai with e-POWER: 4.3–4.5 L/100 km Consumption
Japanese carmaker Nissan has fitted its updated Qashqai crossover with a third-generation e-POWER system, in which an electric motor drives the wheels and a petrol engine acts as a generator. The model costs from 34,590 euros, and a full tank can cover up to 1,200 km.
iAuto.lv · 15 Oct, 09:55
Epic Games makes artificial intelligence the main priority in game development
Video game and technology company Epic Games has announced a strategy shift toward an AI-oriented approach to game development. Its first major project of this kind will be a not-yet-announced shooter made in collaboration with Disney.
Kursors.lv · 15 Oct, 08:57
Major Russian business group proposes ending tax breaks for small businesses
The business association Delovaya Rossiya has put forward more than 50 economic reforms, including scrapping several small-business tax regimes and the patent system. The Kremlin may agree because the state needs extra revenue to fund the war.
Meduza · 15 Oct, 08:55
Anthropic tells investors its revenue surged ahead of expected stock market listing
US artificial intelligence firm Anthropic saw revenue rise 45% to $16.8bn in the third quarter. It is preparing a stock market listing expected before the end of the year.
BBC World · 15 Oct, 07:58
Figma launches Specs editor so AI agents follow brand design rules
Design platform Figma unveiled Figma Specs, a Markdown editor for defining a company's design language for people and AI agents, at its first Config event in India. It also widened testing of code layers and integrated the Payload content management system.
TechCrunch · 15 Oct, 07:57
Nauta Secures €60 Million First Close for Its Sixth Fund
London-based venture capital firm Nauta has announced the first close of its sixth fund at €60 million. Half of the amount comes from the UK's economic development bank, the British Business Bank.
EU-Startups · 15 Oct, 07:56
Experts draw up restoration plans for former peat extraction bogs in Latvia
Experts in Latvia are developing revitalisation strategies for former peat extraction bogs covering almost 1,000 hectares. After the assessment, owners can decide how to use the land and may obtain EU funding.
LSM · 15 Oct, 06:57
Number of newborns down 4.8% over eight months
According to the Dienas Bizness headline, the number of newborns fell by 4.8% over eight months. The source text provides no further data.
Dienas Bizness · 15 Oct, 06:56
Georgia man sues Flock and sheriff's office over alleged retaliation using license plate readers
A Georgia man, Murkerson, is suing license plate reader maker Flock and the Coweta County Sheriff's Office, alleging the surveillance technology was used for retaliation. His attorney says Georgia law and the Fourth Amendment were violated.
Ars Technica · 15 Oct, 05:58
Five startups reach the Startup Battlefield final at TechCrunch Disrupt 2026
At the TechCrunch Disrupt 2026 technology conference, five of 20 pitching startups have advanced to the Startup Battlefield final. The winner will receive a cup and $100,000 in equity-free funding.
TechCrunch · 15 Oct, 05:57
Jaguar's Electric Type 01 Draws Interest From Over 50,000 People Worldwide
British carmaker Jaguar says its first fully electric model, the Type 01, has attracted more than 50,000 prospective buyers before production begins. About 80% of them have never been Jaguar customers.
iAuto.lv · 15 Oct, 05:57
Fired OpenAI Engineer Charged Over Planted Device Had Advised Saudi Government
A former OpenAI employee charged with planting a hidden bug had said he advised Saudi Arabian government agencies. He is also listed as a partner at a venture firm alongside a Saudi prince.
The New York Times · 15 Oct, 05:56
US schools and libraries urge FCC not to scrap E-Rate internet program
Hundreds of US schools, libraries and their associations oppose a Federal Communications Commission (FCC) proposal to limit or phase out E-Rate, which provides over $2 billion a year for internet connections. FCC Chairman Brendan Carr has linked the program to children's excessive screen time.
Ars Technica · 15 Oct, 04:58
Startup Ricursive Intelligence Bets on AI-Designed Chips to Ease the Compute Crunch
The founders of startup Ricursive Intelligence say more efficient chips designed by AI could help address the compute crisis. They presented their approach at TechCrunch Disrupt.
TechCrunch · 15 Oct, 04:56
CSDD: Driving in a bus lane to yield to firefighters was excessive
Latvia's Road Traffic Safety Directorate says a van driver in Riga had a positive intent in yielding to a fire engine, but driving in the bus lane went beyond what was necessary. The directorate's opinion is non-binding.
iAuto.lv · 15 Oct, 04:55
Sony launches $400 ECM-W5 wireless microphone kit to rival DJI
Sony has announced the ECM-W5, a wireless microphone kit with 32-bit float recording, priced at $400. It is pitched as an alternative to the wireless mics from Chinese company DJI.
Engadget · 15 Oct, 03:59
NATO weighs redeploying anti-drone defenses to the Black Sea
NATO officials are considering moving existing anti-drone countermeasures to the Black Sea region after requests from Bulgaria, Romania and Turkey. The move follows a string of probable Russian attacks on shipping.
Ars Technica · 15 Oct, 03:58
TypeSafe Releases Jev 1.14.0 AI Model and Experimental Features for Developers
TypeSafe has released version 1.14.0 of its Jev AI model. Alongside it come experimental features: image support, a new "box" type and longer context length.
Hacker News (≥150 p.) · 15 Oct, 03:58