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Revolut lets customers switch to Revolut Bank in 10 additional countries

TechCrunch

The Bank of Lithuania has granted a specialized license — it isn’t a full-fledged license per se, as it focuses on some activities. Right now, Revolut takes advantage of its banking license in two countries — Poland and Lithuania. Revolut gets European banking license in Lithuania.

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Valve and five game publishers fined millions for geo-blocking Steam games in EU

The Verge

The Commission said that the companies geo-blocked around 100 PC video games, preventing them from being activated and played outside certain EU countries. The European Commission says the geo-blocking was to prevent games being activated outside Czechia, Poland, Hungary, Romania, Slovakia, Estonia, Latvia and Lithuania.

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Nord Security, the startup behind NordVPN, raises its first-ever funding, $100M at a $1.6B valuation

TechCrunch

What’s notable here is that Vilnius, Lithuania-based Nord has been bootstrapped for the last 10 years (it was founded in 2012), a state that doesn’t seem to have held back its growth. “We prohibit any illegal activities and we define that in our terms of service,” he added. This round values the startup at $1.6

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Locals share why Vilnius, Lithuania is becoming an international startup hub

TechCrunch

There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector. Lithuania is now fourth in the global fintech ranking after the U,S,, the U,K, and Singapore. Lithuania’s life sciences sector is gaining prominence. But what are the locals excited about on the ground?

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Despite remote work and the economic downturn, some companies look to London for expansion

TechCrunch

This includes international companies that are establishing a presence for the first time, and those that are expanding an existing footprint (this may include M&A activity). Proton , the Swiss company behind encrypted email service ProtonMail , already has hubs across its native Switzerland, Lithuania, North Macedonia, and Taiwan.

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Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

The original @Twitter handle is now inactive, and its bio reads, “This account is no longer active. Twitter is purging old accounts and freeing up desired usernames, according to Elon Musk According to recent tweets by owner Elon Musk, Twitter is purging inactive accounts that have had “no activity at all for several years.”

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ChatGPT: Everything you need to know about the AI-powered chatbot

TechCrunch

owners of Mercedes models that use MBUX will be able to opt into a beta program starting June 16 activating the ChatGPT functionality. ChatGPT Business will follow our API’s data usage policies, which means that end users’ data won’t be used to train our models by default,” OpenAI wrote in a blog post. “We

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