Business
Tech giant Meta (formerly Facebook) has committed to one of the most aggressive moves in the history of artificial intelligence. It has offered $32 billion for the startup Safe Superintelligence (SSI), founded by Ilya Sutskever, the former chief scientist of OpenAI. SSI is only a year old, but thanks to its founder and its focus on so-called saf...
The American car company Tesla used to be a symbol of technological progress, innovation and stock market success. But since the beginning of this year, the situation is turning around - the market is starting to demand concrete results to justify the former high market value, driven mainly by investor optimism. As a result, the company's shares...
The President of the United States, Donald Trump, has released his first asset declaration of his current term in office. The document reveals, among other things, high income from his family's cryptocurrency activities, which amounts to tens of millions of dollars, and other property holdings. For example, according to Reuters, Trump received $...
Not long ago, Groupon was considered a relic of the internet era, but today it's making a surprising comeback. Its shares have significantly exceeded analysts' expectations, mainly thanks to the intervention of Czech investors from the Pale Fire Capital group. They restructured the company and now believe it is ready to start growing instead of ...
Online casinos in the Czech Republic aren’t just a playground for risk-takers — they’re becoming a controlled fintech ecosystem, shaped by precise legislation and driven by digital innovation. Unlike in many countries where gambling legislation lags behind technology, the Czech Republic took a decisive step in 2017 with a law that defines exactl...
In a world where innovation moves faster than the systems meant to protect it, Daniel Ruskin, a former engineer at Coinbase, is stepping forward with a bold vision: to radically transform how we file and manage patents. After four years working at one of the leading cryptocurrency platforms, Ruskin decided to take an unconventional path. He enr...
Solek Czech Services, a company specializing in the construction of solar power plants both in the Czech Republic and abroad, has been officially declared insolvent by the Municipal Court in Prague. However, the court also approved a reorganization plan, offering the company a chance to stabilize its operations and restructure its debt. Accordi...
The case surrounding the sudden death of Tomáš Smetka, a Czech developer and cryptocurrency expert who tragically died in December 2023 after falling from a balcony in Prague’s Karlín district, has been officially closed. The prosecutor’s office dismissed an appeal against the police decision to drop the investigation, making the case resolution...
The Spanish government has decided to reduce the working week to 37.5 hours in order to promote a better work-life balance. The measure, which is expected to come into force next year, will affect around 13 million workers. Shorter working weeks are also common in other European countries, such as France, Denmark and Belgium. The decision ...
