Two years ago, Jon Fath moved with his family to Portugal from the Netherlands with the sole purpose of launching a fintech startup there. “This country is brimming with talent and ambition,” Fath says. “I thank Lisbon for welcoming me, along with so many other expats and entrepreneurs, so warmly.” Indeed, it’s no surprise that
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Having spent many years as second fiddle to Barcelona, Madrid surpassed its Catalan cousin in 2023 with startups securing €605 million ($672 million) investment above Barcelona’s €457 million ($507 million). “Lots of Latin American talent is arriving thanks to the recent entrepreneur visa and talent programs run by Telefonica to bring promising startup founders from
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Helsinki’s startup scene evolved around behemoths such as Nokia, games giant Supercell and food delivery platform Wolt. It’s reaping the rewards with experienced entrepreneurs, investors and engineers powering a lively scene based around the Aalto University campus and the startup festival Slush, one of the world’s largest gatherings of investors and startups. “We appreciate work-life
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Thanks to low corporation tax and government incentives, Dublin has hosted the European Headquarters of many large US technology companies—Google, Meta, LinkedIn and Microsoft all have offices in the city’s Silicon Docks. “The big US companies operated independently of the startup world for many years,” explains Will Prendergast, partner at Frontline Ventures. “But in the
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OpenAI first announced the option for people to build custom GPTs nearly a year ago. The company described GPTs as an automated, low-code way to create specialized experiences on top of ChatGPT, and said it believed impressive GPTs would be created by nontraditional developers like educators, coaches, and tinkerers. The Store would be accessible to
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Today, after a month-long suspension, X is now live again in Brazil. The platform had been suspended since late August after a showdown with the country’s Supreme Court, in which X refused a court order to remove certain right-wing accounts and content that the court said violated Brazilian law. After weeks of not complying, it
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Peter Todd is standing on the upper floor of a dilapidated industrial building somewhere in Czechia, chuckling under his breath. He has just been accused on camera of being Satoshi Nakamoto, the Bitcoin creator, whose identity has remained a mystery for 15 years. In the final scene of a new HBO documentary, Money Electric: The
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When investors poured $6.6 billion into OpenAI last week, they seemed largely unbothered by the latest drama, which recently saw the company’s chief technology officer, Mira Murati, along with chief research officer Bob McCrew and Barret Zoph, a vice president of research, abruptly quit. And yet those three departures were just the latest in an
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Ball adds that the speed at which brands wanted to act, without a real plan or understanding of the space, created issues for its longevity: “There was definitely a lot of, ‘We need to do this because everyone’s doing it,’ and ‘We need to do this because shareholders expect us to be doing it.’ There
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The company has always had premium prices, but in certain categories the products haven’t always matched the brand’s prestige: 2010s attempts at noise-canceling earbuds were bulky, sounded middling, and had poor battery life; and it also sold a line of too-expensive Bluetooth speakers with screens that nobody needed. Then, after its physical storefronts were not
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Typically, Muench says, the solution isn’t something too complicated: Just build infrastructure higher. But engineers can’t build roads and bridges to survive every disaster, which would lead to expensive, overbuilt projects that would “take generations to finish,” says Muench. ‘Rice Krispie’ Roads When engineers are rebuilding roads from scratch, they have also started to use
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Europe’s most famous privacy activist, Max Schrems, landed another blow against Meta today after the EU’s top court ruled the tech giant cannot exploit users’ public statements about their sexual orientation for online advertising. Since 2014, Schrems has complained of seeing advertising on Meta platforms targeting his sexual orientation. Schrems claims, based on data he
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Successful leaders have known all along the danger of such shortcuts. That’s why Jeff Bezos, when he was CEO of Amazon, banned PowerPoint from his meetings. He famously demanded that his underlings produce a meticulous memo that came to be known as a “6-pager.” Writing the 6-pager forced managers to think hard about what they
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Meta just announced its own media-focused AI model, called Movie Gen, that can be used to generate realistic video and audioclips. The company shared multiple 10-second clips generated with Movie Gen, including a Moo Deng-esque baby hippo swimming around, to demonstrate its capabilities. While the tool is not yet available for use, this Movie Gen
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