The introduction of the 10% tax on IT incomes over 10,000 lei could have a notable impact on the disposable income of IT professionals in Romania. Particularly for those earning at the higher end of the spectrum, this additional financial obligation may reduce their take-home pay and potentially affect their spending patterns. While the Romanian
Read More →
Updates: Filelist will not close after all, Romania’s largest torrent site is set to be taken over by another team of administrators. The news was announced yesterday evening by “EboLLa.” According to the announcement posted on the platform’s front page, the reason for Filelist’s closure is not of a legal nature. The administrator stated the
Read More →
UniCredit Bank Romania has recently announced a significant leadership change that will shape the future of the organization. Mihaela Lupu, currently serving as the Chief Financial Officer for Central and Eastern Europe (CE&EE) within the UniCredit Group, is set to become the new CEO and President of UniCredit Bank in Romania, commencing her role on
Read More →
A month ago, a complaint was lodged against ChatGPT and OpenAI in Poland, alleging a series of violations of the European Union’s General Data Protection Regulation (GDPR). The Polish authority has now announced publicly that it has initiated an investigation to address these allegations. “The Office for Personal Data Protection is investigating a complaint about
Read More →
Jio Platforms, a subsidiary of Reliance Industries, has forged a partnership with Nvidia, a leader in GPU technology, to develop a large language model. This model will be trained to encompass the diverse languages spoken in India. This collaboration marks Reliance Industries’ foray into the rapidly expanding field, which, until now, has seen limited local
Read More →
Qualcomm has extended its agreement to provide 5G modems for Apple’s smartphones. Since 2018, Apple has been trying to manufacture its own modems, responsible for managing communication between its iPhones and cellular mobile networks. This has been seen as an extension of its substantial investment in creating more of its semiconductor components internally, reducing dependence
Read More →
SAP revealed its acquisition of the German startup LeanIX, a software service designed to assist companies in mapping out their architecture. The acquisition comes to complement the Signavio purchase in 2021, when SAP acquired the German business process automation company for a reported price of $1.2 billion. The company is in the process of constructing
Read More →
The European Commission has formally validated the classification of tech companies and their services as “gatekeepers” under the rigorous Digital Markets Act (DMA). These companies were initially included in a provisional list released in early July, and they predominantly comprise major American tech corporations, including Alphabet, Amazon, Apple, Meta, and Microsoft, alongside China’s ByteDance. In
Read More →
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
Read More →
ANIS and 138 other IT companies in Romania ask the Government not to adopt tax measures that would affect over 80% of IT engineers. The signatories of the memorandum say that they have drawn attention to both the short time for adjusting spending and salaries, as well as the threshold which essentially will affect more
Read More →
Contact information
Bucharest, RO
Phone: 0723 705 961
Email: [email protected]
Stay in touch:
Stay in touch