Three European entrepreneurs propose a groundbreaking undersea energy interconnection to link Europe with North America. Touted as the world’s largest subsea energy interconnection, this ambitious project aims to transfer renewable electricity bi-directionally, leveraging the sun’s movement across the sky. Project Overview The
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
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
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
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
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’
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
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
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
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
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