International Internet Magazine. Baltic States news & analyticsThursday, 02.09.2010, 22:47
Estonian Development Fund, Regio and Raivo Vare invest into Inner Circle
01.09.2010Estonian entrepreneur Allan Martinson's latest startup Inner Circle has apparently closed its first seed investment round just few days ago with a software developer Regio and Estonian Development Board being among investors, LETA/Testmarket.eu reports.
Keyword tags: Estonia, Funds, Internet, Investments, Technology
Israel and Estonia develop IT cooperation
31.08.2010Estonian Prime Minister Andrus Ansip said at a meeting with Israeli Minister of Improvement of Government Services Michael Eitan that Estonia is ready to pursue closer IT cooperation with Israel, the government’s press service reports.
Estonian Development Fund: education system in Estonia must use more of ICT
31.08.2010Estonian students must use more of the information technology (ICT) possibilities; the teaching process must be enriched with sound, video and other multimedia solutions. The learning then should become more effective, interactive and playful. To get the change moving on one hand, the leader must be found both in state and in schools and on the other hand the initiatives coming from teachers and pupils must be supported, Estonian Development Fund reported.
Collaboration between Latvia and U.S. in field of high-tech to move forward
31.08.2010In 2010, on August 25, the Latvian American Business Association (LABACA) was founded and registered at the Registry of Enterprises, which is to develop collaboration between Latvia and the United States (U.S.) in the field of high-technology, the business portal Nozare.lv was informed by LABACA.
Baltic Digital Archive and Eesti Arhivaar established in Estonia
30.08.2010Well-known Estonian businessman Rain Lõhmus, the co-founder of a bank Hansapank and current Chairman of the Board of Estonian bank LHV Pank enters into a new business by establishing a new start-up Baltic Digital Archive (BDA), LETA/Testmarket.eu reports.
Estonian start-up Vecly works on set-top boxes expansion
Estonian start-up Vecly, is currently developing a software for set-top boxes (STBs) for Digital TV to expand them to multimedia centers and multiply their functions, LETA/Testmarket.eu reports.
In 2010 TEO will invest into development of the fiber-optic network 96 mln litas
TEO LT, the largest provider of integrated telecommunication, IT and TV services in Lithuania, will invest about 96 million litas in deployment of its next-generation fiber-optic network in 2010. The company's investments will already this year enable the availability of FTTH (Fiber to the Home) Internet services to approximately half of the country's population, TEO LT reports to NASDAQ OMX Vilnius.
Testmarket.eu wins European Enterprise Awards 2010 for Estonia
Estonia-based informative blog Testmarket.eu, dedicated to the latest informative technology developments and most innovative start-ups on Estonian market, received European Enterprise Awards 2010 on behalf of Estonia. The founder and editor of Testmarket.eu Toivo Tänavsuu expressed the wish and hope that Estonian startups would be more active in submitting information about their plans and ambitions, and partners would join the project.
"Reporters Without Borders" calls for end of criminal proceedings against Neo and Ilze Nagla in Latvia
The international non-governmental organization "Reporters Without Borders" ("Reporters sans frontiers" – RSF), which advocates freedom of the press, has called on the Latvian authorities to abandon the criminal proceedings against internet activist Ilmars Poikans, or Neo, and journalist Ilze Nagla, who earlier this year exposed a serious security flaw in the State Revenue Service's (SRS) data storage system, LETA was informed by RSF representative Imants Liepins.
IDC sees signs of recovery in the Baltic PC market
The markets of personal computers (PC) in Estonia, Latvia and Lithuania showed recovery signs in the second quarter of 2010, LETA/BBN reports, referring to the latest data from IDC that analyses and tracks PC markets globally.
Latvia probes Google’s "StreetView" for compliance with privacy rules
The Data State Inspectorate in Latvia has launched a probe to determine whether the "StreetView" service provided by Google Inc. complies with privacy regulations.
Superfast internet access project EstWin was kicked off
The EstWin project that will establish an internet network providing access to super-fast download speeds in rural areas across Estonia by 2015 was kicked off on Monday, writes LETA/National Broadcasting.
Lattelecom: enterprise income tax discriminates ICT sphere
Amendments prepared by the Finance Ministry to enterprise income tax (EIT) discounts for major projects discriminate against the Information and Communications Technology (ICT) sphere, according to one of Latvia's leading ICT firms Lattelecom.
Genetics workshop opens in Tartu
The university city of Tartu will host a workshop – GWAS: From Genotyping to Sequencing, for young scientists working in the field of functional genomics and complex phenotypes.
Estonian Post to procure parcel automats
Estonian Post (Eesti Post) announced an international public procurement for acquiring parcel automats, writes LETA/National Broadcasting.
Updating the Nordic-Baltic cooperation 
