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There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector. Lithuania is now fourth in the global fintech ranking after the U,S,, the U,K, and Singapore. Lithuania’s life sciences sector is gaining prominence. But what are the locals excited about on the ground?
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.
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.
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.
What’s notable here is that Vilnius, Lithuania-based Nord has been bootstrapped for the last 10 years (it was founded in 2012), a state that doesn’t seem to have held back its growth. This round values the startup at $1.6
The app’s enforcement policy says that tweets with such labels will not show up in search results, recommendations or timelines — those tweets will be hidden in both the “For You” and “Following timelines. It’s not clear if the company is applying the same policy to personal accounts.
Proton , the Swiss company behind encrypted email service ProtonMail , already has hubs across its native Switzerland, Lithuania, North Macedonia, and Taiwan. as part of Atlassian’s remote work policy. So why are some companies thumbing their noses at all of this, and opening shiny new offices instead? Financial independence.
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.
ChatGPT Business will follow our API’s data usage policies, which means that end users’ data won’t be used to train our models by default,” OpenAI wrote in a blog post. “We May 25, 2023 ChatGPT app is now available in 11 more countries OpenAI announced in a tweet that the ChatGPT mobile app is now available on iOS in the U.S.,
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