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How this shy country wants to become the Silicon Valley of the Baltics

The Next Web

In recent years we’ve been continually impressed with the small Baltic country of Estonia, which has been a frontrunner in many areas within digital solutions and tech innovation, such as e-residency, digital policies, and national cryptocurrencies. What’s going on in Latvia?

Latvia 148
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France’s strategy for EU startup policies: Talent and money

TechCrunch

And the French government is taking advantage of this opportunity to make some progress on the tech startup policy front. As the name suggests, this new instrument is in charge of establishing a standard for startup policies around Europe. It’s the French Presidency of the Council of the European Union right now.

Policy 86
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Valve and five game publishers fined millions for geo-blocking Steam games in EU

The Verge

The European Commission says the geo-blocking was to prevent games being activated outside Czechia, Poland, Hungary, Romania, Slovakia, Estonia, Latvia and Lithuania. This broke the EU’s Digital Single Market rules which prohibit those types of barriers.

Game 111
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Facebook allows posts with violent speech toward Russian soldiers in specific countries

The Verge

Facebook and Instagram have instituted a temporary change in policy that allows users in some countries to post content that’s usually forbidden, including calls for harm or even the death of Russian soldiers or politicians. The policy already includes many carve-outs and exceptions. Illustration by Alex Castro / The Verge.

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On Friday the EU will put startup-friendly legislation to member states — will they sign up?

TechCrunch

The idea is for EU Member States to implement a set of “best practice” policies for startups (many of which already exist in parts of the EU), ranging from startup visas to better implementation of stock options in company law. Therefore, its significance is not to be underestimated.

Germany 103
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Revolut lets customers switch to Revolut Bank in 10 additional countries

TechCrunch

Now, customers in Bulgaria, Croatia, Cyprus, Estonia, Greece, Latvia, Malta, Romania, Slovakia and Slovenia will be able to become Revolut Bank customers. In Lithuania for instance, you can apply for a credit card with a credit limit that’s twice the value of your monthly salary (up to €6,000). You can pay back over one to 60 months.

Lithuania 103
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Do You Need an AI Impact Statement?

DataRobot

According to the Guinness Book of World Records, the largest Rube Goldberg consists of 412 steps and was achieved by Scandiweb in Riga, Latvia, on December 2, 2016. There are even fun contests to build fantastically complicated machines, complete with official rules.

Impact 52