Business & Technology
BMW unveils its most powerful iX3 electric SUV, the M60 xDrive
German carmaker BMW has added the iX3 M60 xDrive to its Neue Klasse electric lineup, the most powerful version of the SUV. It has two electric motors, all-wheel drive and 603 horsepower.
Kursors.lv · 8 Oct, 12:56
September in Financial Markets: Costlier Oil, Higher Rates and Strain in Bond Markets
In September oil prices rose, three of the largest central banks raised interest rates, and long-term US bond yields hit their highest level since 2002. Equity markets were mixed, with the Nasdaq up while the Dow Jones and European shares fell.
Dienas Bizness · 8 Oct, 11:58
Oil prices jump on Middle East tensions and US hurricane threat
Brent crude rose 3.8% to $104 a barrel on Thursday amid fears of escalation with Iran and disruption to Gulf of Mexico output. The move triggered sell-offs in bond and stock markets worldwide.
The Guardian World · 8 Oct, 11:57
BMW iX4 Brings the X4 Into the Electric Era with Up to 603 Horsepower
BMW has unveiled the electric iX4, the third Neue Klasse model after the iX5. The crossover offers up to 428 miles of EPA range and up to 603 horsepower.
Engadget · 8 Oct, 11:57
Repair Options for New Apple Watch Models Remain Limited
Repair site iFixit has taken apart the Apple Watch Series 12 and Watch Ultra 4. It found a few improved components, but repairability overall is still low.
Kursors.lv · 8 Oct, 11:56
EU-Startups Podcast Features 20VC General Partner Paul Bonnet
The latest EU-Startups Podcast episode is an interview with Paul Bonnet, General Partner at venture firm 20VC. The conversation starts with his path into venture capital.
EU-Startups · 8 Oct, 11:55
Autonomous transport needs a secure technological foundation, not just a low price
Connected and autonomous vehicles are software and data systems, so public procurement should weigh cybersecurity, data governance and supply chains alongside price. Cases from Australia and Norway show what remote access to vehicle systems can mean.
Dienas Bizness · 8 Oct, 10:57
BMW iX4: New Sporty Electric Crossover Offers Up to 828 km of Range
BMW is adding the coupe-styled iX4 crossover to its electric Neue Klasse lineup. The most powerful version will produce 612 hp, while the longest-range variant can travel up to 828 kilometres on one charge.
iAuto.lv · 8 Oct, 10:55
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Retired Estonian Major General Veiko Vello Palm to chair board of explosives maker Wolfram Europa
Estonian company Wolfram Europa, which plans to build an explosives plant in Jēkabpils, has appointed retired Major General Veiko Vello Palm as chairman of its supervisory board.
TVNET · 8 Oct, 09:57
Google Ordered to Temporarily Halt Construction of Two Data Centres in Finland Over Environmental Rules
Google has been told to temporarily stop building two data centres in Finland because the required environmental impact assessment was not carried out at the sites. The projects are part of the company's planned 13 billion euro investment in the country.
Kursors.lv · 8 Oct, 09:56
Latvia to Need Around €4.3 Billion in Borrowing Next Year
The State Treasury provisionally estimates that Latvia will have to borrow €4.3 billion on financial markets in 2027. So far this year €2.7 billion has been raised, with about €1 billion more planned before year-end.
NRA · 8 Oct, 09:56
Tele2: Number of insured mobile bills doubles within a year
The number of Tele2 customers who insure their monthly mobile bills has doubled over the past year. The company links the trend to financial caution amid economic uncertainty.
Dienas Bizness · 8 Oct, 09:55
Freelander Becomes Standalone Brand as 600 hp Hybrid SUV Heads to Europe
Freelander, a brand created jointly by Chery and Jaguar Land Rover, is returning to Britain and Europe. Its first model, the Freelander 8, is a large plug-in hybrid SUV with more than 600 hp of combined output.
iAuto.lv · 8 Oct, 08:58
Fraudster Sentenced to Prison for Earning Millions via AI Music and Bot Scheme
North Carolina resident Michael Smith has received an 18-month prison sentence for defrauding streaming platforms. He used thousands of bots to play AI-generated songs and collected millions of euros in royalties.
Kursors.lv · 8 Oct, 08:57
Frankfurt Book Fair Debates AI's Impact on Reading Skills and Critical Thinking
The world's largest publishing and book fair has opened in Frankfurt, Germany. This year, organisers and participants are paying particular attention to how artificial intelligence affects the industry and people's education levels.
LSM · 8 Oct, 07:56
Survey: Role of ICT in Business Growth Continues to Rise in Latvia
A new Bite Latvija and SKDS survey finds that 44% of company executives consider ICT solutions important for growth. Firms are also rating their own digital maturity more positively.
Jauns.lv · 8 Oct, 07:56
Dienas Bizness to modernise its digital tools with Recovery Fund support
The publisher Izdevniecība “Dienas bizness” has signed an agreement with the Central Finance and Contracting Agency on Recovery Fund support for modernising media processes. The project covers the digital transformation of DIENAS BIZNESS and DIENAS ŽURNĀLI.
Diena · 8 Oct, 06:56
Lawyers: State Underpays Legal Aid While Funding Agencies With Overlapping Roles
Aldis Liepiņš of the Latvian Council of Sworn Advocates says the state undervalues the work of state-appointed lawyers while spending on agencies that partly duplicate legal aid. More than 300 lawyers have signed an open letter to the government.
Dienas Bizness · 8 Oct, 06:55
Why Every Euro Matters to Low-Wage Earners but Not to High Earners
A study finds that salary size is a key factor in choosing an employer for people with low pay, while for highly paid workers it tends to matter less. The data cover 2020, but the situation in Latvia and the Baltics is thought to have changed little.
Jauns.lv · 8 Oct, 06:55
State Treasury: Latvia could borrow €4.3 billion on financial markets next year
The State Treasury indicatively estimates that Latvia will need to borrow a total of €4.3 billion on financial markets next year. The agency told the news agency LETA.
TVNET · 8 Oct, 06:55
Microsoft unveils Surface Laptop Ultra and pushes local AI deeper into Windows 11
At its first live event in two years, Microsoft revealed the Surface Laptop Ultra, a new developer box and a series of Windows 11 changes built around running AI locally.
Ars Technica · 8 Oct, 05:57
airBaltic Plans Up to 700 Job Cuts: What It Means for Passengers
Airline airBaltic has notified authorities of a planned collective redundancy that could affect 500–700 positions in Riga, Vilnius and Tallinn. The company says flights continue as scheduled.
Diena · 8 Oct, 05:56
Post-election utility rate hikes push Russian inflation above central bank's 2026 forecast
Weekly inflation in Russia hit 0.96% from September 29 to October 5, with annual inflation reaching 7.1%. The jump was driven by higher housing and utility rates introduced on October 1, soon after the State Duma elections.
Meduza · 8 Oct, 04:58
Four US States Sue TP-Link Over Alleged Misleading Claims About Router Security
The attorneys general of Florida, Montana, Iowa and Nebraska have filed lawsuits accusing TP-Link of misleading consumers about its ties to China and the security of its routers. The company rejects the claims as based on false premises.
Ars Technica · 8 Oct, 04:57
Microsoft unveils Nvidia RTX Spark PCs and a revamped Windows 11
At a San Francisco event, Microsoft revealed the specs and pricing of its Surface Laptop Ultra and Surface RTX Spark Dev Box. The machines are built to run AI models locally and ship with a Windows 11 version that can sandbox AI agents.
TechCrunch · 8 Oct, 04:57
Datacentre firm Firmus may sharply cut valuation ahead of ASX listing
Australian AI datacentre company Firmus Technologies is reconsidering its near-$44bn valuation as investors hesitate. Its share offering could also be shelved.
The Guardian World · 8 Oct, 04:56
Volkswagen Unveils Electric ID. Polo GTI With 226 Horsepower
Fifty years after the first GTI debuted, Volkswagen has presented a fully electric ID. Polo GTI. It can already be ordered in Germany, with prices starting at 39,995 euros.
iAuto.lv · 8 Oct, 04:55
Computer Scientist Scott Aaronson: OpenAI Model Releases 372 Math Results in a Single Day
Computer scientist Scott Aaronson writes on his blog that OpenAI released 372 mathematical results, including a proof of the Unique Games Conjecture. No human has yet fully understood these proofs, and researchers have begun to examine them.
Hacker News (≥150 p.) · 8 Oct, 03:59
Pennsylvania measles outbreak tops 1,000 cases, the largest in the US since elimination
Pennsylvania's measles outbreak is now the largest in the US since the disease was declared eliminated in 2000. The state has recorded 1,078 cases this year, and the outbreak shows no sign of ending.
Ars Technica · 8 Oct, 03:59
Endeavor Catalyst raises $320M fifth fund for founders outside major tech hubs
Venture firm Endeavor Catalyst has closed its fifth fund at $320 million. The fund targets founders outside Silicon Valley, and the firm's assets under management now exceed $850 million.
TechCrunch · 8 Oct, 03:56
US stocks slide as oil prices fluctuate over renewed Iran war fears
US stocks fell while oil prices swung. Crude rose on fresh concerns about Middle East supplies, then dropped on the possible release of more reserves.
Al Jazeera · 8 Oct, 03:55
Margaret Hamilton, Software Pioneer Behind Apollo 11 Moon Landing, Dies at 90
Computer pioneer Margaret Hamilton, whose team wrote the software that guided the first Moon landing, has died aged 90, MIT announced.
The Guardian Science · 8 Oct, 03:55
Microsoft unveils Surface PCs built on Nvidia's RTX Spark chip
At an event in San Francisco, Microsoft revealed the Surface Laptop Ultra and the Surface RTX Spark Dev Box, both designed to run AI models locally. They ship with a revamped Windows 11 that adds a new feature for sandboxing AI agents.
TechCrunch AI · 8 Oct, 02:58
Great gadget deals under $50 found in Amazon's October sale
During Amazon's October sale, The Verge has rounded up practical gadgets priced at $50 or less, from chargers to coffee makers. The discounts run until 3 AM ET on October 8.
The Verge · 8 Oct, 02:57
AI developer builds open source alternatives to Adobe software
A developer named Thomas has used AI tools to create free open source apps that mimic Adobe software. He plans to fund the project by selling access to his Artcraft AI image model.
Ars Technica · 8 Oct, 02:56
Robot data startup Mecka AI raises $60 million from Sequoia
Mecka AI, a startup that gathers human motion data to train humanoid robots, has closed a $60 million Series B round. Sequoia led the round, with Nvidia and Microsoft's venture arm M12 also taking part.
TechCrunch · 8 Oct, 02:55