Adobe’s Figma Deal Faces EU Antitrust Probe

1 min read

The EU’s antitrust commissioner, Margrethe Vestager, said that the deal could “undermine the supply of tools for interactive product design and digital asset creation” and that it could “remove an important competitive force.” Long story short: The EU’s investigation will also look into whether Adobe could use its market power to “foreclose rival providers” by

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AROBS doubles its revenue and turnover in Q1 2023

3 mins read

AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, posts consolidated operating revenue of 133.2 million RON in the first quarter of 2023, a 113% increase compared to the same period last year, a turnover of 131.3 million RON, a 113% appreciation, normalized EBITDA of 25.5 million RON, an

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Sony’s PS5 Sets Record with 6.3 Million Units Sold in Q1

1 min read

Sony has announced that in the first quarter of this year, the PS5 sold an impressive 6.3 million units, setting a new record for Q1 console sales across all generations and platforms. After supply chain issues from the pandemic were resolved late last year, the first quarter provided the first glimpse into the PS5’s potential success, with

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Safetech Innovations opens a US subsidiary

1 min read

Safetech Innovations US, Inc. marks an important milestone in the company’s expansion strategy. By opening a subsidiary in the USA, Safetech Innovations S.A. is tapping into one of the world’s largest markets, which presents a wealth of opportunities for growth and development. The location of the new entity, in Reston, Virginia, is strategic, as it

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