Tech
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Turkmenistan doesn’t like Elon Musk
Ashgabat takes steps to neutralise Starlink use.
IT Park drives Uzbekistan’s ambition to become Central Asia’s next technology hub
Uzbekistan is betting heavily on technology as the next engine of economic growth, with state-backed IT Park emerging as the centrepiece of the country’s ambitions to become Central Asia’s leading exporter of digital services.
Russia unveils ‘Altai’ neuromorphic chip to challenge US in low-power AI and defence applications
Russia has presented a domestically developed neuromorphic processor called “Altai”, a brain-inspired chip designed to perform artificial intelligence tasks with significantly lower power consumption than conventional processors.
Polish e-commerce giant Allegro secures PLN1bn EIB facility for tech and AI push
The six-year facility for Poland's biggest e-commerce player will co-finance Allegro's strategic 2026-2030 plan to push its technological edge.
Baltic states can become a leading innovation hub in Northern Europe, foreign investors say
Despite strong potential, fragmented policies, limited access to growth capital and weak links between business and research hold the region back.
From Soviet antihistamine to Alzheimer's breakthrough: a UK biotech bets on a molecule the world forgot
A small UK-registered biotech company believes it has found an Alzheimer's treatment that is safer, cheaper and more effective than anything currently on the market — and it has done so by revisiting a molecule first synthesised by Soviet chemists.
Japanese groups weigh backing SoftBank-led AI venture
According to people familiar with the matter cited by the agency, the companies are examining plans to invest tens of millions of yen each, equivalent to several hundred thousand US dollars.
Russian state banks buy into e-commerce with Sber and Ozon deal next
Sberbank negotiates purchase of Ozon stake, after VTB and fellow e-commerce platform Wildberries confirm partnership deal.
BC Partners faces legal challenge over United Media sale
United Group founder and former CEO have launched legal proceedings against private equity firm BC Partners, seeking to block the planned sale of United's Southeast European media assets.
Argentina unveils ‘Super RIGI’ bill to attract billion-dollar technology investments
Argentina's government has sent to Congress a new investment incentive bill dubbed "Super RIGI", targeting projects worth at least $1bn in sectors including artificial intelligence, semiconductors and advanced biotechnology.
Russia’s state VTB Bank and e-commerce major Wildberries said to approach deal
Russia’s second-largest state-controlled bank VTB has reportedly agreed on the main terms of a strategic partnership with Wildberries.
India as a rising pharmaceutical power
India’s ace in the hole is mainly generic drug manufacturing, a sub-sector of pharmaceutical manufacturing where it holds over 20% of the market by volume. This translates into manufacturing for over 60,000 brands in 60 distinct categories.
Self-driving Turkish bus hit from behind one hour after its public transport launch in Sweden
Smash-up involved an e-ATAK, the first full length autonomous bus in the world, and a tram.
Tau Scaling Law: China on course for 1.4nm microchip breakthrough
China’s tech holding Huawei is rewriting the rules of chip design. A new scaling law unveiled in Shanghai this week proposes replacing half a century of semiconductor orthodoxy with a fundamentally different approach.
Uzbekistan’s tech ambitions moving to “next big step” says Global Tech Weekend co-founder
Country seen as quickly emerging as one of the most promising and dynamic technology markets in the region.
Bulgaria’s TBS eyes €42mn acquisitions across UK, Sweden, Romania
Telelink Business Services' supervisory board has approved plans to acquire majority stakes in five ICT companies in the UK, Sweden and Romania, with total consideration of up to €42.3mn.
Taiwan to manufacture 100,000 drones monthly by 2030
Taiwan projects its drone industry will expand massively to manufacture 100,000 units per month by 2030 and export half of them, the Ministry of Economic Affairs announced on May 21.
Poland's cyber_Folks and Shoper to merge in €1bn e-commerce tech push
Polish IT firms cyber_Folks and Shoper announced plans to join forces, strengthening their position as the leading e-commerce technology provider in CEE. The combined entity's market capitalisation is seen at around €1bn.
Kyrgyzstan’s security service set to get expanded surveillance mandate
Use of facial recognition to be legalised.
Ukraine tests balloon-launched drone system to extend strike range
Ukraine has tested a balloon-assisted launch system designed to greatly extend the operational range of its intermediate range attack drones and improve its strike capabilities against Russian targets.