Business & Technology
Daily Business: Civitta Audit Findings Raise Questions About LSM Finance Board Member
Estonian media and Dienas Bizness highlight problems in Civitta group's financial statements, where Inese Tanne, now a Latvian public media board member, served as finance director. The article voices doubts about her competence but acknowledges no direct fault has been proven.
Dienas Bizness · 7 Oct, 14:57
Italy lets fuel duty discount lapse as Europe weighs joint responses
Italy's government did not renew its fuel excise cut on 7 October, and pump prices rose immediately. Other European countries are cushioning fuel costs with a variety of uncoordinated measures.
Euronews Business · 7 Oct, 13:58
India's Central Bank Raises Interest Rate for First Time Since 2023
The Reserve Bank of India has raised its policy rate for the first time since February 2023, citing growing inflation concerns. Its governor said rate cuts are off the table for now.
BBC World · 7 Oct, 13:56
New security rules for information systems and data centres take effect in Latvia
New Cabinet of Ministers regulations setting security requirements for hosting information systems and for data centres have applied in Latvia since 1 October. They cover entities under the National Cybersecurity Law.
Kursors.lv · 7 Oct, 12:56
France- and Italy-based cybersecurity firm Netsec raises over €8.93 million
Netsec, a European provider of cybersecurity and managed IT services, has raised more than €8.93 million in equity funding. The round was led by Paris-based venture capital firm Partech.
EU-Startups · 7 Oct, 12:55
ASOS app users receive strange notifications, customer data may have been stolen
Users of the ASOS online fashion retailer's mobile app received unusual notifications yesterday in which alleged cyber attackers claim to have breached the company's systems. The company is investigating and says the attackers may have accessed some customer data.
Kursors.lv · 7 Oct, 11:56
France's Mistral AI Announces New Large Model, Mistral Large 4
French start-up Mistral AI has announced the multimodal Mistral Large 4, reportedly at around 1 trillion parameters, aimed at competing with developers in the US and China.
Kursors.lv · 7 Oct, 10:56
School principals face growing administrative load, and expectations of leadership
Principals must handle employment law, finance, procurement and property management, while pay does not always match responsibility. The author calls for looking beyond teachers when recruiting principals and for stronger peer support.
Dienas Bizness · 7 Oct, 10:56
UK insurance broker Konsileo raises €5.9 million to grow its team and integrate AI
Konsileo, a UK-based chartered insurance broker, has closed a €5.9 million (£5 million) equity round. The money is intended to support its continued growth.
EU-Startups · 7 Oct, 10:55
OpenAI to Add Digital Watermark to Text and Code Generated in the European Union
AI developer OpenAI plans to embed an invisible digital watermark in text and software code generated in the European Union. The move is meant to bring the company in line with the EU's new AI transparency rules.
Kursors.lv · 7 Oct, 09:57
Global stocks rise while oil steadies around $100 a barrel
US indexes S&P 500 and Nasdaq Composite hit new records on Tuesday, and European markets also gained. Brent crude closed just above $100 a barrel as Persian Gulf exports edged closer to pre-war levels.
Dienas Bizness · 7 Oct, 09:55
Zeekr 9X Arrives in Germany: Six-Seat Luxury SUV from €119,500
Chinese carmaker Zeekr has presented its flagship 9X SUV in Germany, featuring six seats and a range-extender hybrid system. It is priced from €119,500 in Germany, with other European markets to follow later.
iAuto.lv · 7 Oct, 08:58
Latvian trade unions propose cutting pension service requirement to 15 years
The Free Trade Union Confederation of Latvia urges the Welfare Ministry to back a 835-euro minimum wage in 2027, a shorter pension qualifying period and twice-yearly indexation. The demands were issued on World Day for Decent Work.
Dienas Bizness · 7 Oct, 07:58
Pornhub returns to Australia, but only for adults using Apple devices
Eight months after leaving the Australian market, Pornhub is available again, though only to adults who have verified their age through an Apple device. Parent company Aylo says device-based age checks are the most effective and privacy-protecting approach.
BBC World · 7 Oct, 07:57
Cēsis Region Resident Develops App for Rapid Drone Threat Alerts
Kristaps Gertmanis from the Cēsis region is developing the AirAlert app in his spare time. It aims to combine reports from people with sensor data to spot airspace threats faster.
LSM (rus) · 7 Oct, 07:55
US stock market hits all-time high as investors bet big on AI
The US stock market has climbed to a record high as investors make large bets on artificial intelligence. The benchmark S&P 500 is up 14 percent so far this year.
Al Jazeera · 7 Oct, 06:58
Russia's 2027 Budget Sets Record Military Spending Amid Rising Debt
Russia's draft budget for next year allocates 17.1 trillion rubles to defence while cutting social spending and increasing borrowing. Experts believe the state can sustain war financing in the short term, but the burden on the economy is growing.
NRA · 7 Oct, 06:58
Maritime Administration Head: Attracting Young People to Shipping Takes More Than a Stable Job
Jānis Krastiņš, chairman of the board of the Latvian Maritime Administration, says the shrinking number of seafarers in Latvia has become a national-scale challenge. He argues the industry should change how it presents itself, stressing growth prospects, technology and international experience.
Žurnāls Ir · 7 Oct, 06:57
Japan Raids Four Biggest Brewers Over Suspected Beer Price-Fixing
Japan's Fair Trade Commission has carried out on-site inspections at Asahi Breweries, Kirin Brewery, Sapporo Breweries and Suntory over a suspected wholesale beer price cartel. Together the four firms hold about 90% of the country's beer market.
Dienas Bizness · 7 Oct, 06:55
AI agents face website blocks as businesses weigh how to respond
Personal AI agents such as Meta's Muse are often shut out by websites, either deliberately or through anti-bot defenses. Meta and partners are starting work on an open standard for agent communication in online commerce.
TechCrunch · 7 Oct, 05:58
Google signs deal with Constellation to expand nuclear plant output
Google has agreed a 20-year power purchase deal with Constellation to fund upgrades at six US nuclear plant sites. The upgrades are expected to add 890 megawatts of capacity.
The Verge · 7 Oct, 05:58
Right to Repair: What the New Rules Mean in the EU and Latvia
New European Union rules designed to encourage repairing goods rather than throwing them away are coming into application. Latvia is bringing them into national law on the basis of the Right to Repair directive.
TVNET · 7 Oct, 05:58
MapQuest Launches Beta Support for Android Auto
MapQuest, the world's oldest commercial web mapping service, has added beta Android Auto support. Interest in the app has surged since it kept the name Lake Ontario while Google and Apple changed theirs.
Engadget · 7 Oct, 05:57
Hyundai May Add Ioniq 4 and Ioniq 7 to Its Electric Lineup
Hyundai could launch two new electric SUVs, the Ioniq 4 and Ioniq 7, within the next 12–18 months. Nothing is officially confirmed; the reports rely on statements from company management.
iAuto.lv · 7 Oct, 05:57
Some Job Interview Questions Are Off Limits, and Candidates Need Not Answer Them
Employers must respect boundaries in job interviews: the law prohibits asking about matters such as pregnancy, family status or religious beliefs. Candidates are under no obligation to answer such questions.
Jauns.lv · 7 Oct, 05:55
Cloud provider Lambda to raise up to $4 billion ahead of planned IPO
AI computing provider Lambda is raising up to $4 billion in what may be its last private round before a 2027 IPO. Much of its recent backlog growth stems from a single Anthropic contract.
TechCrunch AI · 7 Oct, 04:59
Comics Criticize Maniscalco's SiriusXM Channel, Saying It Sidelines New Talent
Several U.S. comedians say Sebastian Maniscalco's SiriusXM comedy channel is pushing out up-and-coming performers. The company says the channel has adopted a new creative direction.
The Verge · 7 Oct, 04:57
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Prime Day Laptop Deals: Discounts of Up to $500
Amazon's Prime Day sale brings notable discounts on several laptops, including the MacBook Air with the M5 chip and the Microsoft Surface Laptop. Prices have climbed in recent months because of a memory shortage.
Wired · 7 Oct, 04:57
Kindle Click vs Kobo Remote: How the Two Reader Remotes Compare
Amazon has introduced the Kindle Click, a Bluetooth page-turning remote that competes with the Kobo Remote. The two accessories differ in price, design, power source and features.
Engadget · 7 Oct, 04:56
Samsung Galaxy S26 FE Review: A Budget Flagship With Compromises
iAuto.lv tested the Samsung Galaxy S26 FE, which costs roughly €600. The reviewer calls it a balanced choice for everyday users, but not outstanding in any single category.
iAuto.lv · 7 Oct, 04:55
October Prime Days bring discounts on robot vacuum-mops
Prices have been cut on several robot vacuums and mops favored by The Verge during Amazon's October sale. Other retailers and manufacturers are also offering discounts, not only Amazon.
The Verge · 7 Oct, 03:56
Why Do Some PCs Come With Two Ethernet Ports?
A second Ethernet port mostly benefits workstations, servers and virtualization setups, offering backup connections or separate networks. Most home PCs need only one.
Engadget · 7 Oct, 03:56
Jaguar Unveils Type 01, Its First Production Electric Grand Tourer
Jaguar has presented the production Type 01 in New York, calling it the biggest gamble of its electric reinvention. The car starts at around $170,000 and targets a new kind of buyer.
Wired · 7 Oct, 03:56
Pornhub returns to Australia after Apple rolls out age verification
Pornhub's owner Aylo will restore access for Australian adults who confirm their age through Apple's device-level check. The company had blocked the country in March over new age-verification rules.
The Guardian World · 7 Oct, 03:55
OpenAI to watermark ChatGPT text by default in the EU
OpenAI will automatically add a watermark to ChatGPT-generated text in the European Union to meet EU AI Act requirements. Elsewhere the feature will be available but switched off by default.
Ars Technica · 7 Oct, 02:58
OpenAI Publishes Post on AI Progress in Mathematics
OpenAI has published a post titled "Sharing AI Progress in Mathematics" on its website and pointed to a public GitHub repository. The topic has drawn considerable discussion in the tech community on Hacker News.
Hacker News (≥150 p.) · 7 Oct, 02:57