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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Nvidia, one of the leading manufacturers of artificial intelligence (AI) chips, experienced a significant decline in its stock prices by over 3%. The drop can be attributed to reports suggesting that the Biden administration is considering imposing new restrictions on the export of AI chips to China. The Department of Commerce may take action as
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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 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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Bittnet, a leading provider of IT services and solutions, is exploring new horizons for its business by considering an expansion into Europe. The company is currently eyeing the Czech Republic as its first target, with plans to acquire a local firm to establish a solid foothold in the European market. Co-founder Cristian Logofatu believes local
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