News

Investors see potential in more profound and defensible innovations. The CEE region is gaining importance — opinion by ZAKA VC

Although the venture capital market has declined in terms of volume in recent years, this has not significantly impacted the number of deals. Early-stage startups, in particular, are leading the way in investment. However, the focus of investors is changing

Tech companies have already laid off 34,000 employees in 2024 due to AI development

Technology companies have already laid off 34,000 employees since the beginning of this year due to the to focus on the development of artificial intelligence. The Financial Times writes about the wave of layoffs in the global tech industry. Microsoft,

Google updates Bard: Gemini Pro in Ukrainian and image generation

Google announced new opportunities for artificial intelligence Bard, particularly in Ukraine. The advanced version of the Gemini Pro AI model is now available in Ukrainian. Expanding the language coverage of Gemini Pro After the successful launch of Gemini Pro in

Eric Schmidt promotes the development of shock AI drones, potentially for Ukraine

The new project of Eric Schmidt, the former CEO of Google, may refer to drones with artificial intelligence, which can allegedly appear on the front lines in Ukraine, according to the Forbes’s report. What is known? Schmidt’s comments Schmidt has

A wave of layoffs in the global tech industry: 23,670 people lost their jobs in January

In January 2024, global tech companies such as Alphabet, Meta and Microsoft posted record highs on the stock market. At the same time, companies are cutting jobs rapidly. Approximately 23,670 workers were laid off at 85 technology companies in January

Apple announces changes to iOS, Safari, and the App Store in the European Union

Apple has announced major changes to iOS, Safari, and the App Store impacting developers’ apps in the European Union (EU). The main news is the allowance for alternative stores on iOS, breaking the App Store’s monopoly on the distribution of

Market capitalization of the CEE SaaS companies reached €1.75B in 2023 — Vestbee

Vestbee, in cooperation with Warsaw Equity Group, has updated its CEE SaaS Index for 2023. The index includes companies from the CEE region which generate at least 50% of their total revenue from sales of SaaS products. AIN.Capital shares the

Over 2023, investors put $345.7B into startups, it’s the lowest level since 2017 — Pitchbook

In 2023, the VC industry declined globally. Around the world, investors put $345.7 billion into startups, down 35% than in 2022. Globally, venture deals totaled $76.6 billion in the quarter, down from $94 billion a year earlier. This is stated

FMFIB to start new Entrepreneurship Fund. It will provide €100M to Bulgarian companies

Fund Manager of Financial Instruments in Bulgaria is working on the launch of its new Entrepreneurship Fund, backed with €100 million public resources. The new instrument will consist of 3 separate funds, for which FMFIB is searching financial intermediaries, the

How HeyLink.me Optimizes Online Presence of Businesses and Influencers in Ukraine and Worldwide

The success of businesses and influencers largely depends on their online presence, which, in turn, requires a shift in strategies, the exploration of tools, and a fresh approach to its construction. In this context, HeyLink.me is changing the digital rules