Other News

Bible Chat from the Early Game portfolio raises a $14 million Series A

Bible Chat from the Early Game portfolio raises a $14 million Series A

Early Game Ventures, the most active investment fund in Romania and among the most active VC funds in Central and Eastern Europe, according to Vestbee and ROPEA, announces the first major investment raised by a Romanian startup this year: Bible Chat closed a $14 million investment round today, February 19th. The Series A round was led by True Ventures, a […]

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Xiaomi maintains second place in Romania at the end of 2024, according to Canalys

Xiaomi maintains second place in Romania at the end of 2024, according to Canalys

Xiaomi maintains its second position on the Romanian market, in terms of number of units, at the end of the January-December 2024 period, according to the latest report by the technology market analysis company Canalys. In the CEE region, Xiaomi leads the ranking in terms of number of units, with a market share of 31%, for the entire 2024. In […]

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Shifting hues in global automotive colors: Embracing the rising popularity of warm niche colors

Shifting hues in global automotive colors: Embracing the rising popularity of warm niche colors

In 2024, the global automotive color landscape continued to evolve as consumers move away from traditional favorites like white and silver. This shift is paving the way for increased popularity of vibrant hues, warm neutrals, and a more diverse palette across the industry, as stated by BASF Coatings in the latest Color Report for Automotive OEM Coatings. Specifically, while white […]

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Limitless Agency has reached a turnover of 6.4 million euros in 2024, up 51% compared to the previous year

Limitless Agency has reached a turnover of 6.4 million euros in 2024, up 51% compared to the previous year

Limitless Agency, one of the main digital marketing agencies on the Romanian market, reported a turnover of approximately 6.4 million euros (31,938,356.73 RON) in 2024, a 51% increase from the 4.25 million euros recorded in the previous year. According to the Emarketer report, the global digital marketing market grew by about 10% in 2024, a trend that was also observed […]

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Schneider Electric: Homeowners not leveraging available technology to reduce energy costs and emissions

Schneider Electric: Homeowners not leveraging available technology to reduce energy costs and emissions

Schneider Electric, the leader in the digital transformation of energy management and automation, today released the third edition of its consumer survey in a white paper titled Evolving home energy consumption: Intentions, actions and hurdles to greater home energy efficiency. It surveyed 13,000 people from 11 countries across the world uncovering global attitudes toward household energy efficiency, sustainability and smart […]

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Meta’s Metaverse Gamble Keeps Bleeding Cash as Losses Surge to $68.8 Billion

Meta’s Metaverse Gamble Keeps Bleeding Cash as Losses Surge to $68.8 Billion

Facebook’s parent company, Meta, ended 2024 on a high note. The tech giant’s net income skyrocketed by 86.8% to $55.5 billion, the biggest increase in the GAFAM group, proving that aggressive investments in AI-driven ad technologies and a rebound in digital ad spending paid off. But while its core business soared, Meta’s metaverse division continued mounting losses at an alarming […]

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Cyber Scams Cost the World $1 Trillion in 2024

Cyber Scams Cost the World $1 Trillion in 2024

Despite rising awareness about cyber scams, fueled by media coverage, cybersecurity education, and real-life experiences, scammers continue to stay ahead of the game. With advanced tactics like deepfakes, AI-driven fraud, and social engineering, they are pulling off more effective scams and causing more financial damage than ever before. According to data presented by Stocklytics.com, cyber scams cost the world a […]

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Schneider Electric Once Again Recognized as Top Ranked Sustainability Leader in the Canalys Sustainable Ecosystems Leadership Matrix

Schneider Electric Once Again Recognized as Top Ranked Sustainability Leader in the Canalys Sustainable Ecosystems Leadership Matrix

Schneider Electric, the leader in the digital transformation of energy management and automation, has received the top ranking for the Canalys “Global Sustainable Ecosystems Leadership Matrix” for the second time in a row alongside Lenovo, HP and Dell. The recognition underscores Schneider Electric’s commitment to sustainable practices and innovation, while supporting channel partners in the process. Vendors ranked as Champions […]

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AI and cybersecurity drive SMB market

AI and cybersecurity drive SMB market

The small and medium-sized business (SMB) market is witnessing a growing emphasis on artificial intelligence (AI) and cybersecurity, with telecom service providers increasingly focusing on small office/home office (SOHO) businesses as the next key target. As AI and cybersecurity solutions gain traction, service providers are expanding their reach beyond mature markets, particularly in regions like Africa, Latin America, and Asia-Pacific, […]

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ESG will remain core focus in tech during 2025, but fragmented by geography and company culture

ESG will remain core focus in tech during 2025, but fragmented by geography and company culture

Environmental, social, and governance (ESG) remains an issue of strategic importance to the tech industry, despite ongoing fragmentation by geography and company culture, with the election of Donald Trump as the US president accelerating a period of short-term opportunistic push-back. Robert Pritchard, Principal Analyst, Enterprise Technology & Services at GlobalData, says: “In 2024, GlobalData correctly forecast that tech companies would […]

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AUSTRIACARD launches new Agentic AI platform

AUSTRIACARD launches new Agentic AI platform

AUSTRIACARD is launching its new Agentic AI platform, delivering innovative AI solutions to its partners and clients. The GaiaB platform empowers the creation of Generative AI applications, enabling AUSTRIACARD to configure and deploy systems that not only execute tasks, set goals, and adapt to new environments, but also work in concert—both with each other and with human teams, a release […]

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96% of S&P 500 companies had data breaches

96% of S&P 500 companies had data breaches

According to the latest Cybernews Business Digital Index analysis, 96% of all analyzed S&P 500 companies had data breaches. This is an alarming systemic issue, with Real Estate and Development, Finance and Insurance, and Manufacturing industries leading the way in these incidents. The new analysis results reflect weak cybersecurity postures and show that most organizations haven’t raised their security standards. […]

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