Tech
Croatian Telecom to spin off mobile infrastructure
HT follows model that has become increasingly popular as telecom operators seek to cut costs, boost profitability and prepare for future 5G expansions.
AI consuming more electricity than Kyrgyzstan, conference hears
"Voracious" power appetite of algorithms risks turning humans into "energy slaves", digital forum told.
Romanian prosecutors investigate suspected ‘troll farm’ promoting far-right candidate
Prosecutors say Turkish IP addresses and Russian email accounts were to boost the online presence of Calin Georgescu ahead of the cancelled 2024 presidential election.
Armenia introduces first crypto regulation framework to address sector risks
New legislation intended to protect consumers and attract international investors to the sector, says Finance Minister Vahe Hovhannisyan.
Cellebrite halts product use in Serbia after Amnesty warns over digital surveillance
Amnesty International accused Belgrade of misusing surveillance tools to target journalists, activists and civil society members.
Russia's electronics sector lacks investment
The Russian electronics industry requires $3.8bn in private investment to meet government targets. However, private investors are unlikely to contribute the full amount, and the state can only provide a fraction of the necessary funding.
Sanctions isolate Russia’s tech sector, but market consolidation fuels profits
Russia’s technology sector is falling behind the rest of the world after being cut off by sanctions, but the leading companies have seen profits rise after their market share grew once all their international competition left the Russian market.
Bulgaria-founded Chaos strengthens role in AI-powered architectural design with EvolveLAB takeover
Companies join forces to "redefine architectural design through AI, generative workflows and automation".
Romanian startup Bible Chat raises $14mn in Series A led by True Ventures
Bible Chat is 13th among the most downloaded apps on the App Store, alongside WhatsApp and Instagram, and has so far reached 10mn users.
Tether chief hails El Salvador as Latin America's emerging financial hub
Tether's relocation to El Salvador represents a "vote of confidence" in the Central American nation's potential to become a "preeminent financial centre", according to Paolo Ardoino, the stablecoin issuer's chief executive.
Saudi Arabia's ride-hailing market soars, generating $533m for drivers
Strong growth reported despite the launch of new public transport projects in Riyadh.
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Tajikistan aspires to be an AI development hub
Magical thinking from a parallel universe.
Iran seizes 240,000 illegal crypto miners as power theft concerns mount
Iranian power utility Tavanir has confiscated over 240,000 illegal cryptocurrency mining devices consuming about 800 MW of electricity, with estimates suggesting three times as many remain active across the country.
US chip firm Groq secures $1.5bn Saudi expansion as Paris weighs AI rules
US semiconductor startup Groq has secured a $1.5bn commitment to expand its artificial intelligence chip deliveries to Saudi Arabia.
Hacker targets Indonesian banks with ransomware threats
Bjorka, the hacker who previously made headlines in Indonesia during 2022 and 2023, has resurfaced, now using an X account to warn that several major Indonesian private and state-owned banks are potential targets of ransomware attacks
Saudi Arabia announces $14.9bn tech investments, DeepSeek opens in Gulf
Chinese artificial intelligence firm DeepSeek has begun operating through Aramco Digital's data centres in Dammam.
Tech startups in Turkey raise $1.1bn in 2024
Excluding anomalies created by activities of Getir and Bigg, 237 enterprises raised $804mn, up from $236mn in 2023.
Russian authorities struggle to curb YouTube
Russian authorities' efforts to challenge YouTube have seen limited success, even as its largest local competitor, VK, overtook it in audience reach for the first time last December.
Pakistan and Turkey discuss IT cooperation
Pakistan’s Ministry of Information Technology and Telecommunications has met Turkey’s in Islamadad to discuss expanding collaboration in IT, telecoms, and digital transformation.
China investigates Google for anti-monopoly violations as US trade tensions escalate
China has launched an investigation into Google for suspected violations of its Anti-Monopoly Law, escalating tensions between Beijing and Washington.