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Ukraines mineral wealth has been a key factor in its negotiations with the U.S. as the two countries work out details for a ceasefire agreement in Ukraines war with Russia. and Ukraine announced an agreement on March 11, 2025. The war has severely limited access to data about Ukraines natural resources.
By now it’s no secret that Russia launched a full-scale attack on Ukraine earlier this week, which prompted several countries to consider new sanctions on the former. As local factories closed on Thursday, some in the tech and auto industries worry about the potential impact on the global supply chain.
On February 24, Russia launched an invasion of neighboring Ukraine after months of a military build-up on its borders. News outlets in Ukraine are also reporting outages caused by cyberattacks, which the Ukrainian government says it has “unambiguously linked” to Moscow. GET IN TOUCH.
Emmy Gengler is the CEO of Softjourn , a global technology services provider with offices in California, Ukraine and Poland. “The calls and texts started early, asking for power supplies and tools for fixing engines,” said Katia Ryzha, who lives and works in Ivano-Frankivsk, a small city in Western Ukraine.
However, it’s in Eastern Europe that — I think, at least — that accelerators have their best effect in markets where where the tech startup ecosystem barely exists, if at all. Shilling continues to be among those Lisbon-based VCs enjoying the tech boom that’s been happening in Lisbon these last few years.
Funding sources for tech startups in Ukraine have gone off a cliff this year, with investors (and their LPs) wary of taking on the risk of backing potentially promising ideas and people who have stayed in the country amid the sustained, persistent and increasingly ugly onslaught from Russia. billion the year before.
Mark Boggett is the CEO and co-founder of the Seraphim Space Manager LLP , the world's first listed fund focused on space tech. While it’s still a very early market with limited existing capabilities, companies such as Apple, T-Mobile, Globalstar, SpaceX, AST SpaceMobile and Lynk Global are targeting this area.
The global economic and political turmoil of the past year has had a meaningful impact on corporate innovation in the technology industry and beyond. How global unrest will impact innovation in 2023 by Ram Iyer originally published on TechCrunch. David Magerman is managing partner at Differential Ventures.
Yandex looks to divest media assets : Following Russia’s invasion of Ukraine, isolation of the Russian economy is impacting companies large and small. That in hand, it’s not a huge surprise that we are seeing consolidation in the tech market for selling pre-owned vehicles. Big Tech Inc. The TechCrunch Top 3.
Most chipmakers believe the ongoing Russia-Ukraine conflict won’t worsen the global shortage of chips that’s been plaguing the tech and auto industries. The supply chain has been showing some signs of recovery as of late, but industry leaders still are, at best, cautiously optimistic about the entire situation.
Russia is invading Ukraine as we write, and global markets are in freefall. Last week, this column took a look at the European technology market’s deep tech expertise. The Exchange started its look at European deep tech with a report from Angular Ventures. Writing about Europe is hard today. ” We agree.
The deals range across four key areas: deep tech, fintech, enterprise and defense tech. TechCrunch: You have these four areas on which you’re focused, but fintech has cooled off after several frothy years, defense tech now seems top of mind for investors. Today, the area that’s really come up is defense tech.
In other words, the region escaped the global quarter-on-quarter slowdown in startup investment. But Europe’s situation is perhaps more curious; after all, it is the closest to Russia and its war on Ukraine. It is also worth noting that Europe accounts for a much larger portion of global funding than Africa.
In conversations about freelancing and online marketplaces for remote contract workers of the tech industry, the name of oDesk floats up pretty often. Managing an online distributed global team takes different set of skills, a different set of tools, it takes a different level of discipline. million jobs.
Varjo and partner Dogfight Boss also announced in August that their headset-based F-16 simulator had been deployed to help Ukraine train fighter pilots in its war with Russia. million global views. In the U.S., And in October 2024, the company launched Unity 6, the latest version of its engine.
Samsung is the latest tech vendor to prevent new sales of its products in Russia following its invasion of Ukraine. To this end, we are donating $6 million, including $1 million in consumer electronics products, as well as voluntary donations from our employees.”.
Stand with the people of Ukraine. BTC - 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P ETH and USDT (ERC-20) - 0x165CD37b4C644C2921454429E7F9358d18A45e14 — Ukraine / ??????? Ukraine) February 26, 2022. In tech-savvy Ukraine, crypto has emerged as a quick and easy way to handle this money. Bitcoin, Ethereum and USDT.
A branch of my family tree is from the Ukraine. I’m giving my support as well as sharing my teaching and technology skills with Women’s Rights organizations in Ukraine. I’m giving my support as well as sharing my teaching and technology skills with Women’s Rights organizations in Ukraine.
While the announcement follows India’s decision to ban Sea’s popular title “Free Fire” in the country last month, TechCrunch reports that the company is insisting the reason is “global market uncertainties.” Big Tech Inc. The Shopee site was not even a year old. You can sign up here.). Pinterest adds $1.2M That’s the basics.
For now, the music streaming service says it will continue to stream in Russia, a market it entered in July 2020 alongside Ukraine and 10 other European countries. “We We think it’s critically important to try to keep our service operational in Russia to allow for the global flow of information,” a Spotify spokesperson told Variety.
One of the more popular announcements today is that its newer AI-powered “multisearch” has gone global. This gives you a better way to, well, immerse yourselves in the city (more Google news in the Big Tech section). Big Tech Inc. Sarah writes that this combines text and images in a single query. What’s Elon up to now?
You may not have heard of Amadeus, but if you’ve taken a trip, you’ve probably interacted with its tech stack. For years, Amadeus managed its own infrastructure, but as the pandemic slowed global travel to a trickle, its executive team realized that mounting technical debt was holding the company back. United with Ukraine.
Access Now and other nonprofits have pushed the US government to avoid disrupting internet access as part of larger sanctions against Russia over its February invasion of Ukraine. In a statement, Access Now tech legal counsel Natalia Krapiva applauded the decision. “US
Priyanka Srinivas is the co-founder and CEO of Live Green Co , a Chilean food tech startup that uses artificial intelligence to suggest plant-based alternatives for meat and artificial additives in food. Priyanka Srinivas. Contributor. Share on Twitter. More posts by this contributor. Aiming to create a gender-equitable startup landscape?
How tech is responding to Russia’s invasion of Ukraine : The technology world is a global industry, which means that when geopolitical conflicts arise, it impacts the world that TechCrunch covers directly. We have notes up on cyberattacks and companies in Ukraine. Big Tech Inc. Now, to work. The TechCrunch Top 3.
At the moment of writing, Seed-DB, a global database of seed stage accelerators, listed 235 programs (both active and defunct) that 5,688 startups had gone through. It’s hard to get the exact data on how many startup acceleration programs are being launched every year, but it’s definitely a lot.
Despite the war in Ukraine, accelerating inflation and increasing interest rates, the technology sector has still seen M&A happening in the United States. In the first half of 2022, large tech M&A transactions included Microsoft acquiring Activision Blizzard for $69 billion, Google buying Mandiant for $5.4
We’ve seen widespread losses in global equity markets this year. Higher geopolitical tensions over Ukraine. It’s been more than six months since Russia invaded Ukraine, and the economic impact of commodity price increases are beginning to percolate throughout Europe.
SPACs are the construct VCs need to fund clean tech. and globally, VC activity in 2022 is well on track to exceed a long-term trend that started in 2006 for total amount invested. lockdowns and Russia’s war on Ukraine placed further pressure on an already strained global supply chain. In the U.S.
As the Russian invasion of Ukraine draws on, consequences are being felt by many parts of the technology sector, including open-source software development. More broadly, the Ukraine conflict has posed difficult ethical questions to technology companies working in Russia. Photo by Amelia Holowaty Krales / The Verge.
But one key component of its production — energy; electricity — is facing supply issues of its own in Europe at present, in the wake of Russia’s invasion of Ukraine. Since the Ukraine war started, Europe has been facing an exacerbated supply vs demand issue. Europe’s energy crisis bites.
Valuations in 2022 have been falling like a rock as the war in Ukraine rages, inflation skyrockets and the Fed tightens the screws. Almost all tech companies are seeing their valuations decline — the Nasdaq is now more than 31% below its all-time high on November 19, 2021. and internationally. More posts by this contributor.
Global macroeconomic instability, Russia’s invasion of Ukraine, funding shortfalls, supply chain disruptions and many other factors made running a company an extremely challenging experience. Last year was akin to a ride through hell. It sounds like a cliche, but in the midst of difficulty lies opportunity.
Twitter tries to restore service in Russia : While some tech companies are working to cut ties with Russia after the country’s government invaded Ukraine, others are trying to keep their services up in the country. billion, and indicates that there is still ample capital in the market for self-driving tech. Big Tech Inc.
The White House release calls Haugen a “specialist in algorithmic product management” and an “advocate for more humanity and transparency across the tech and social media industry, especially as it relates to teen mental health.”.
Early Saturday morning after hours of negotiations, the bloc agreed on the broad terms of the Digital Services Act, or DSA, which will force tech companies to take greater responsibility for content that appears on their platforms. The EU has agreed on another ambitious piece of legislation to police the online world.
Epic Games buys Bandcamp : Straight from left field, this deal took the tech world by surprise. The push to fund Ukraine’s war-torn nation-state with crypto is turning out to be An Actual Thing. TechCrunch has notes on how Ukraine is using the coin more generally and from a military perspective. Big Tech Inc.
And as the global venture market slows down slightly , many investors are dialing back their usual growth expectations for seed-stage startups, which gives founders more freedom to develop customer relationships and acquisition strategies. Amplify awareness of Ukraine’s vital tech sector. Image Credits: Bryce Durbin/TechCrunch.
Like many healthtech startups in the region and globally, Vezeeta benefited from pandemic-induced funding, and before this news, there was no indication that the 10-year-old company needed to cut costs. Other platforms globally, as reported by Layoffs.fyi , include the likes of PharmEasy, Sami and Truepill. .
Greece is one of the global superpowers in shipping, so when I was working in consulting, I became close to the industry and really fell in love with it.”. Seafair provides a digitized and more transparent version of traditional agencies (and is licensed to operate as an agency in Ukraine and the Philippines, with more countries planned).
Tech talent flees Russia : As the Russian invasion of Ukraine grinds along, technology companies of all sizes are trying to figure out how to handle their business operations and staff. If the tech can make mining more efficient, it could cut its carbon footprint, right? Big Tech Inc. The TechCrunch Top 3.
Entrepreneurs, in response, have started to develop tech meant to minimize the scale and damage of these natural disasters. And we have five more for you: Soldier flies marching into a belly near you : FlyFeed flies in the face of the global food crisis , reports Haje. Big Tech Inc. You can sign up here.
Startups and VC The truth of the matter is that Mobile World Congress (MWC) was never a consumer tech show, per se, but the participation of various smartphone makers transformed it into a handy launching pad. In the face of conscripted co-founders and blacked-out bunkers, Ukraine’s tech industry marches on. Big Tech Inc.
Tracking the Chinese venture capital market, once a challenger for the global top slot, was an interesting adventure last year as VCs kept writing checks despite more government oversight. Big Tech Inc. Now, however, the numbers could be shifting. And not for the better. Startups and VC. What crypto slowdown? And after raising a $1.5
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