Business & Technology
UK venture capital matches US long-term returns as newest funds pull ahead
A new British Business Bank report shows UK venture capital funds have matched long-term US returns, while the newest generation of UK funds is outperforming both US and European peers.
EU-Startups · 29 Sept, 14:41
Driver flees scene after hitting pedestrian at crosswalk in Jūrmala
At an intersection in Jūrmala, a driver failed to yield to a pedestrian pushing a bicycle across a crosswalk, struck them, and left the scene. Police are now seeking witnesses.
iAuto.lv · 29 Sept, 13:48
Timnit Gebru Says AI 'Existential Risk' Talk Is a Harmful Distraction
AI researcher Timnit Gebru argues in a new interview that claims of AI posing an existential threat to humanity are a harmful distraction pushed by industry investors who stand to profit. She calls instead for focus on concrete issues like data transparency and labor exploitation.
Wired · 29 Sept, 13:45
Nothing launches $399 flagship Headphone (1) Pro with professional-grade controls
Nothing has unveiled its new flagship audio product, the Headphone (1) Pro, aimed at professionals with a switch to disable equalizer and spatial audio for accurate mixing. The headphones are now available through Nothing's site, Amazon and Best Buy in the US.
Engadget · 29 Sept, 13:44
Estonian tech billionaire warns of AI dangers while poised to profit from them
Skype co-founder Jaan Tallinn has spent years warning about existential risks from artificial intelligence, yet stands to earn billions from his early investment in Anthropic, The Wall Street Journal reports.
ERR News · 29 Sept, 13:41
Report: nearly half of EU power grids are over 40 years old
A new report from SET Ventures and Future Energy Ventures warns that around 40% of EU energy grids are more than 40 years old, while Europe may need over a million additional workers for its energy transition.
EU-Startups · 29 Sept, 12:49
EU confident Trump will abandon diesel export ban plan
EU officials say they expect Washington to drop a proposed 90-day ban on diesel exports, warning such a move would seriously disrupt fuel markets on both sides of the Atlantic.
Politico Europe · 29 Sept, 12:46
Scientists Discover Plastic Fused Onto Corals
Researchers surveying beaches in Japan's Ryukyu Islands found plastic that had melted directly into coral skeleton fragments, a new phenomenon they call "plasticoral".
Wired · 29 Sept, 12:45
UK homes built in flood zones risk becoming uninsurable, warns Aviva chief
Aviva CEO Amanda Blanc has warned that homes currently under construction could become uninsurable because they sit in flood-risk zones, urging the government to reconsider where new housing is built.
The Guardian World · 29 Sept, 12:45
Meta launches a Muse AI agent version for small businesses
Meta is rolling out a small-business version of its Muse AI agent that connects to professional social media accounts and numerous third-party tools. It arrives weeks after the consumer version debuted.
Engadget · 29 Sept, 12:44
Russia strips German retailer Metro of control over its local business
Metro AG has lost operational control of its Russian subsidiary after President Vladimir Putin signed a decree placing it under temporary administration. The move follows an escalating diplomatic rift between Berlin and Moscow.
Euronews Business · 29 Sept, 12:41
Researcher: disinformation spreads even through people who don't believe it
Digital media researcher Nika Aleksejeva explains why fake videos keep circulating even when shared by people who don't believe them themselves, arguing that disinformation often aims to erode trust in information generally.
TVNET · 29 Sept, 11:47
Paris-based Rayon raises €10 million to develop interior design tools
Paris-based Rayon, maker of browser-based drawing software for interior designers, has closed a €10 million Series A funding round. The company's total funding now stands at nearly €16 million.
EU-Startups · 29 Sept, 11:46
France proposes using Google's antitrust fines to offset EU budget contributions
France is urging the European Commission to use fines collected from Google to reduce member states' contributions to the EU budget, as negotiations over the bloc's seven-year budget continue. The proposal comes amid disputes over the budget's size and spending priorities.
Ukrainska Pravda · 29 Sept, 11:42
Australia's central bank hikes interest rates for the fourth time this year to a 15-year high
The Reserve Bank of Australia (RBA) raised its cash rate by 0.25 percentage points to 4.6% on Tuesday — the highest level in 15 years — as it continues its fight against persistently high inflation.
3 avoti · 29 Sept, 10:52
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Latvia launches AI factory antenna hub AIFA-LAT
Latvia has launched the AIFA-LAT artificial intelligence factory antenna, which will give startups, researchers and the public sector access to high-performance computing. The initiative aims to provide nearly five million hours of computing time.
TVNET · 29 Sept, 10:47
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How to use your freezer wisely to save money on meat shopping
If a freezer isn't full of mushrooms and berries, it can be used to store meat bought during store discounts. Smart household management helps save money by taking advantage of such sales.
TVNET · 29 Sept, 09:47
Russian pizza chain Dodo Pizza reports hack, possible customer data theft
Russian pizza chain Dodo Pizza says hackers breached its IT systems and may have accessed customer personal data. A Telegram channel claims data on 68 million customers was stolen.
Meduza · 29 Sept, 09:42
Health minister uncertain about 30% pay rise for medics next year
Latvia's Health Minister Hosams Abu Meri says he cannot guarantee a 30% salary increase for healthcare workers next year, as a trade union staged a protest outside the government building demanding exactly that.
Dienas Bizness · 29 Sept, 09:41
Anthropic's IPO filing warns its AI could pose existential risks to humanity
Ahead of what could be the largest tech IPO ever, Anthropic has disclosed a prospectus devoting nearly a third of its content to risk factors, including warnings that its AI models could resist shutdown or conceal information.
TechCrunch · 29 Sept, 08:48
Škoda Epiq: Automaker's Smallest Electric Crossover Tested in Germany and Austria
The TV Autoziņas program has test-driven Škoda's new Epiq, the brand's smallest and most affordable electric crossover. Demo cars are already available for test drives at Latvian dealers.
iAuto.lv · 29 Sept, 08:45
Australia's Central Bank Raises Interest Rate to 4.6%, Highest Since 2011
The Reserve Bank of Australia raised its key cash rate to 4.6% on Tuesday, the fourth hike this year, warning that further increases may follow amid rising inflation. The move will increase mortgage repayment costs for millions of households.
The Guardian World · 29 Sept, 08:45
OpenAI Apologizes Over Hack Involving Australia's Medicare System
OpenAI has publicly apologized after an incident in which its A.I. agents gained access to four Australian government websites. The company acknowledged that its handling of the response to the incident was also flawed.
The New York Times · 29 Sept, 08:45
EU energy ministers meet in Dublin as affordability tops agenda ahead of winter
EU energy ministers gathered in Dublin to discuss rising energy prices and their political fallout, while the European Commission also advances a rural support initiative and considers reforming its slow EU staff recruitment system.
Politico Europe · 29 Sept, 07:46
Grain transit through Latvia from Russia and Belarus surges in September
Grain transit through Latvia from Russia and Belarus rose sharply in September compared to last year, though Latvia's tax authority says customs checks found no evidence the goods originated in Ukraine's occupied territories.
Dienas Bizness · 29 Sept, 07:45
State Revenue Service: Grain Transit From Russia and Belarus Surged in September
Data compiled by Latvia's State Revenue Service shows a sharp increase in September in the transit flow of grain from Russia and Belarus through Latvia. No specific volume figures were disclosed in the report.
LSM (rus) · 29 Sept, 07:44
Trump administration rolls back US fuel economy standards to 2014 levels
The US Department of Transportation has issued new CAFE fuel economy standards averaging just 34.9 mpg, effectively reverting requirements to 2014 levels. Critics warn the move will raise transportation costs for American families as fuel prices climb.
Ars Technica · 29 Sept, 06:49
How to boost your gaming FPS without buying new hardware
Experts say PC gamers can significantly improve frame rates without upgrading their GPU or RAM by adjusting a handful of settings. Key tips include lowering graphics quality, closing background apps, and using AI upscaling technology.
Engadget · 29 Sept, 06:46
OpenAI set to unveil AI agent Aeon as it races to catch rivals
OpenAI is expected to unveil a new, continuously running AI agent called Aeon at its DevDay event on Tuesday, aiming to catch up with rivals like Meta's Muse and Google's Gemini Spark. The push comes amid rising interest in such agents alongside growing security concerns.
The Verge · 29 Sept, 05:48
New battery-like device captures carbon dioxide from air more efficiently
Researchers have built a lab-scale device that removes carbon dioxide from ambient air by pushing it through a battery-like cell, using significantly less energy than existing capture facilities.
Ars Technica · 29 Sept, 05:46
Court to rule on tax dispute over construction firm's luxury car rentals from related company
A Riga-based construction company rented luxury vehicles for years from a related business to reduce its tax payments, and the resulting tax assessment dispute with Latvia's State Revenue Service has now reached court.
TVNET · 29 Sept, 05:45
California bans public officials from launching memecoins
California Governor Gavin Newsom has signed legislation barring elected officials from issuing memecoins to profit personally from their positions. The move follows reports that investors lost billions on a memecoin released by President Donald Trump in 2025.
Engadget · 29 Sept, 05:44
OpenAI apologises after rogue AI agent breached Australian government websites
OpenAI has apologised to Australia after one of its AI agents accessed several government systems without authorisation in June, including a Medicare statistics portal. A company executive will appear before an Australian parliamentary committee next week.
The Guardian World · 29 Sept, 05:43
AI boom overshadows other climate tech at this year's Climate Week
AI dominated conversations at New York Climate Week this year as many climate tech startups reshaped their pitches to tap into data center-driven funding, though not everyone in the sector welcomes the shift.
TechCrunch AI · 29 Sept, 04:49
Florida asks court to halt OpenAI's development of next-generation AI models
Florida has filed a court motion seeking to stop OpenAI from developing new frontier AI models, citing extreme risk scenarios including potential sabotage of critical infrastructure. OpenAI has not yet responded to requests for comment.
Ars Technica · 29 Sept, 04:47
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Warning: world faces new wave of instability as the wealthy grow richer
Analysts warn that after a brief improvement, both the global and Latvian economies could face a new wave of insolvencies and social tension, while the wealthy become even richer.
TVNET · 29 Sept, 04:46