Eastern Europe attracting global seed money in funding rounds

Investors are increasingly investing in tech startups in the region whose graduates have strong math, computer science and engineering foundations. Tech entrepreneurs from south-eastern and central European countries, many of whom have had prior experience of launching their own businesses, are increasingly finding a success at enticing global investors, for the second time. Of late,…

Trump Administration proposes $46.54 billion cut in agricultural subsidies

This will be the biggest cut in federal funding for the rural economy. This has wide ranging repercussions not only for the U.S. rural economy but for all U.S. tax payers as well. In a significant development that could see food prices move up northwards, the White House budget has proposed $46.54 billion in federal…

Britain’s Labour Party closes in on May’s lead: Opinion Polls

The Labour Party aims to secure Britain’s access to EU’s lucrative single bloc market. With Jeremy Corbyn’s Labour Party shortening the lead that British Prime Minister Theresa May had when she plunged country into elections, May has urged voters to back her if they want Britain to exit the EU. Last week, having announced her…

BlackBerry’s anti-hack toolset for automakers has the potential to resurrect it

BlackBerry is testing its security tool with automakers. As per a financial analyst, BlackBerry Ltd is collaborating with at least two car manufacturers for developing a security service that can remotely scan vehicles for computer viruses and tell drivers to pull over if they are in critical danger. In a note to clients, BlackBerry is…

Hackers gain access to 1.9 million records of Canada’s largest telecommunication company

Known as Bell, to its customers, the company stated the hack isn’t linked to the WannaCry attack. Financial information, including login credentials, weren’t accessed by the hackers. Hackers have managed to breach and access the customer information of 1.9 million customers, including names, e-mail addresses and active phone numbers, of Canada’s largest telecom company BCE…

PSA and Renault reap strategic gains from Iran’s car market

With its competitors stalling in fear of U.S. sanctions, PSA and Renault in a swift calculated move have grabbed market share in Iran’s booming car market and have secured contracts to boost production deals. French car manufacturing companies such as Renault and PSA have made significant inroads in the Iranian car market. Despite their diminutive…