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Google pays researcher $70,000 for discovering simple Android lock screen bypass bug

TechSpot

Hungary-based researcher David Schütz reported the high-severity bug, tracked as CVE-2022-20465, which is described as a lock screen bypass due to a logic error in the code that could lead to local escalation of privilege with no additional execution privileges needed.

Hungary 105
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China’s CATL seeks battery recycling site in Europe

TechNode

Chinese electric vehicle battery maker CATL is seeking a location for a new battery recycling facility in Europe and has been in discussion with local governments including Hungary for the matter, regional operations chief Jason Chen told Bloomberg in an interview in Budapest.

Europe 52
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TamatemGames raises $11M Series B led by PUBG maker Krafton

TechCrunch

The startup will hire local talents in Saudi Arabia to expand further. India, Egypt, Saudi Arabia, Germany, Hungary, and Jordan. “The demand for relatable and enjoyable mobile games is higher than ever and our mission is to provide our region with the best gaming experience possible.”. “We have employees in the U.S.,

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Greece’s Viva Wallet raises $80M for its neobank targeting small business merchants

TechCrunch

The company is live in 23 European markets and plans soon to expand to Croatia, Hungary and Sweden. The funding is notable in part because of who is doing the investing. It’s on track, he said, for that number to be 100,000 by the end of this year. “Viva Wallet is proving the resilience of its business model,” he said. .”

Business 102
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Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe

TechCrunch

It plans to use the funding to expand its footprint across metropolitan areas in its existing three markets — the Czech Republic, Hungary and Austria — as well as to break into Germany, Poland, Romania and other countries in the near future. . “We are honored to partner with Rohlik’s founder Tomáš ?upr,

Europe 131
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China’s Great Wall Motor to shut down European office as EV tariffs loom

TechNode

A company spokesperson attributed the move to tough market conditions and the very concrete threat of punitive taxes on Chinese imports, adding that the automaker will supervise its regional operations remotely to sell cars via local distributors in countries such as Germany and the UK.

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

TechCrunch

Some IT companies relocated their offices to the neighboring countries, mainly Poland, Romania and Hungary. to work with local, national, governmental and international professional medical organizations to provide information and training to the military. Only some of our employees left Ukraine.

Ukraine 98