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

The Verge

This broke the EU’s Digital Single Market rules which prohibit those types of barriers. The European Commission says the geo-blocking was to prevent games being activated outside Czechia, Poland, Hungary, Romania, Slovakia, Estonia, Latvia and Lithuania. Five publishers were fined in total. Focus Home was fined almost €2.9

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FAW-Volkswagen welcomes new exec amid digitalization in automotive industry 

TechNode

FAW-Volkswagen announced on August 29 the appointment of Oliver Grnberg as Deputy General Manager (Technical) from Volkswagens subsidiary in Slovakia. This move aims to enhance FAW-Volkswagens capabilities amid a transformation to a digital and smart tech era, the joint venture said. China Economic Network, in Chinese ]

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Bloomreach raises $150M on $900M valuation and acquires Exponea

TechCrunch

Exponea was founded in 2016 in Slovakia and has raised over $57 million, according to Pitchbook data. “Technology serving more bespoke customer experiences is a rapidly expanding market and we are pleased to join Bloomreach in its leadership of the digital commerce experience and marketing sector,” McGinn said in a statement.

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Liberis, the embedded finance provider for SMEs, raises additional £70M in equity and debt

TechCrunch

Finland, Sweden, Czech Republic and Slovakia). However, the clever part is that the loan is paid back via a pre-agreed percentage of the business’ digital transactions. (the product is available in five new countries: U.S., However, lending has really picked up lately, with £250 million lent in the past two years alone.

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Microsoft acquires process mining vendor Minit to grow its automation offerings

TechCrunch

Signaling its ambitions in the process automation market, Microsoft has acquired Minit , a Bratislava, Slovakia-originated process mining technology vendor, for an undisclosed sum, the companies announced today. Process mining software is designed to digitize the approach in a way that reduces the expense, time and effort involved.

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

TechCrunch

The COVID-19 pandemic forced companies to shift to digital. Thanks to the availability of numerous digital tools and programs, our workflow was not heavily disrupted. 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.

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Your Cause Camp 2018 Lineup is Here

NonProfit Hub

When he’s not entrenched in all things FableVision, Paul teaches digital media production at Boston College, where he has served as adjunct faculty for over two decades. As CEO, Paul also oversees the company’s K12 edtech publishing group FableVision Learning, as well as The Reynolds Center for Teaching Learning & Creativity.

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