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Vilnius, Lithuania built a ‘portal’ to another city to help keep people connected

The Verge

The city of Vilnius, Lithuania has interesting solution: A real-time “portal” to another city. Vilnius, Lithuania says hi to Lublin, Poland. Circular portals in Vilnius, Lithuania and Lublin, Poland allow people to view each other in real time, meant to inspire a new idea of unity. Go Vilnius. Go Vilnius. Go Vilnius.

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Lithuania's Defense Ministry advises consumers to toss out their Chinese phones

TechSpot

Instead, Lithuania is more worried about the built-in censorship tech that reportedly ships with phones sold by certain China-based phonemakers, such as Xiaomi. These recommendations are not born out of a concern for privacy or Chinese tracking, as was the case here in the US. Apparently, the phones in question.

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Two undersea cables in the Baltic Sea damaged in suspected sabotage

TechSpot

According to a spokesperson from telecommunications company Telia Lithuania who spoke to CNN, a communications cable between Lithuania and Sweden was cut on Sunday morning around 10:00 a.m. local time. Read Entire Article

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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. Right now, Revolut takes advantage of its banking license in two countries — Poland and Lithuania. Revolut gets European banking license in Lithuania. its home country and its biggest market.

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Revolut applies for UK banking license

TechCrunch

The Bank of Lithuania has granted a license and the company is taking advantage of European passporting rules to operate in other European countries. Revolut gets European banking license in Lithuania. Revolut already has a banking license in the European Union. It is slowly starting to offer its own banking products in Europe.

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Revolut confirms cyberattack exposed personal data of tens of thousands of users

TechCrunch

Revolut, which has a banking license in Lithuania, wouldn’t say exactly how many customers were affected. “Customers who have not received an email have not been impacted.”. Its website says the company has approximately 20 million customers; 0.16% would translate to about 32,000 customers.

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From ‘literally zero’ experience to $100M, this VC is raising his second climate tech seed fund

TechCrunch

Climate tech is cool now, but Peciulaitis’s Lithuania-based venture firm is sticking with its name anyways. Contrarian has completed 21 deals to date, and this year it expanded beyond Lithuania with new partners in Berlin and London. To that point: PitchBook tracked 1,130 climate tech deals globally in 2021, topping $44.8