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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. This broke the EU’s Digital Single Market rules which prohibit those types of barriers. Activation keys were geo-blocked between 2010 and 2015, the European Commission said.

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Samsung Galaxy Watch 3’s EKG feature is coming to 31 new countries

The Verge

Samsung is expanding its Health Monitor app to 31 new countries , including 28 European countries, and people in those countries will be able to use the app with a Galaxy Watch 3 or Galaxy Active 2 smartwatch to take electrocardiogram (EKG) and blood pressure readings.

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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. Now, customers in Bulgaria, Croatia, Cyprus, Estonia, Greece, Latvia, Malta, Romania, Slovakia and Slovenia will be able to become Revolut Bank customers. its home country and its biggest market.

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Yapily to acquire finAPI in open banking consolidation move

TechCrunch

It offers an API with coverage in Germany, Austria, Czech Republic, Hungary and Slovakia. Yapily currently covers 16 European markets and the company says it is the leader in the U.K. But the startup isn’t currently active in Czech Republic, Slovakia and Hungary.

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An inside look at a Ukrainian fintech startup adapting to life during wartime

TechCrunch

Our emergency plan included accommodation for employees and their families in Slovakia, but in the end, everybody decided to stay back, and we did not have use it. IT companies are actively involved in volunteering at the corporate level to organize funds and initiatives to help the army financially. What’s next? How can you help?

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Back Market raises $335M for its refurbished device marketplace, now valued at $3.2B

TechCrunch

French startup Back Market — a marketplace for refurbished electronics goods — has raised a $335 million Series D funding round led by General Atlantic. It will be using the funding to expand into new markets. trillion market globally. ” Back Market doesn’t refurbish devices directly.

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8 Czech VCs on green shoots, pandemic impacts and 2021 opportunities

TechCrunch

We are solely focusing on the European market, with an impact on the Czech Republic. Only in founders from: Czech Republic, Poland, Slovakia, Slovenia, Croatia, Romania or Hungary. To deal with the situation, cash flow became the main focus, together with more active communication with key business partners throughout the value chains.