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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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A look at Sweden’s startup scene as Techstars drops Stockholm program

TechCrunch

Sweden, which has a population of around that of Michigan in the United States, punches above its weight in both cultural and business terms. In business terms, Zettle, Ikea, Klarna and Spotify all call Sweden home. Techstars CEO Maëlle Gavet declined to comment on the choice to leave Sweden on the record.

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Some international regulators froze assets of local SVB branches

TechCrunch

While Silicon Valley Bank officially operated across several countries, most of its international operations consisted of offices or representative offices with local teams. Silicon Valley Bank’s UK subsidiary had representative offices in the Nordics — Denmark and Sweden more specifically. In the U.K.,

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YouTube ‘Premium Lite’ subscription offers ad-free viewing for less

The Verge

Premium Lite is currently being tested in Belgium, Denmark, Finland, Luxembourg, the Netherlands, Norway, and Sweden. “In month (or local equivalent per month) and it includes ad-free videos on YouTube,” a YouTube spokesperson said in a statement.

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Microsoft Flight Simulator adds beautiful Nordic views in its latest update

The Verge

World Update V is focused on the Nordic region (specifically Denmark, Finland, Iceland, Norway, and Sweden), bringing stunning vistas to an already visually impressive title. The Xbox launch is timed for July 27th, arriving after several updates to optimize the game and even reduce its staggering initial installation size.

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Autonomous electric truck company Einride rides into Germany

TechCrunch

Autonomous and electric truck maker Einride is rolling into Germany, representing its first new market in Europe outside its native Sweden. Founded out of Stockholm in 2016, Einride has raised some $150 million in funding to commercialize a cab-less autonomous cargo truck, one that can be controlled remotely, if required, by human operators.

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Celebrity video platform Memmo raises $10M

TechCrunch

-based, Memmo was founded in Stockholm, and Lundberg Toresson said its strategy is both global and localized — the company is currently operating localized marketplaces for Sweden, Germany, Finland, Norway, the United Kingdom, Spain, Italy and Canada, as well as a general global market.