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Posts Tagged ‘eastern europe’

As the new year beckons European investors start moving into new roles

As the Holiday Season approaches, new jobs for players in the tech ecosystem beckon. And this is no less true for investors. Two notable moves have recently happened that are worthy of note in the European scene. The first is that GR Capital, a pan-European VC, is opening an office in London and has lured ...

Google will soon open a cloud region in Poland

Google today announced its plans to open a new cloud region in Warsaw, Poland to better serve its customers in Central and Eastern Europe. This move is part of Google’s overall investment in expanding the physical footprint of its data centers. Only a few days ago, after all, the company announced that, in the next ...

Uber gets temporary two-month license reprieve in London

London’s transport regulator, TfL, has given Uber a temporary reprieve to continue operating in the UK capital. The ride-hailing giant’s current (provisional) licence expires tomorrow but there’s no return to normality for Uber in its most important European city — with TfL issuing just a two-month extension on its private hire vehicle licence — not ...

What is Andela, the Africa tech talent accelerator?

As someone who covers Africa’s tech scene, I’m frequently asked about Andela . That’s not surprising, given the venture gets more global press (arguably) than any startup in Africa. I’ve found many Silicon Valley investors have heard of Andela but aren’t exactly sure what it does. In a bite, Andela is Series D stage startup―backed ...

PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of Red Dot Payment

PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after it announced a deal to buy a majority stake in Singapore-based Red Dot Payment. Naspers is best known for its payments and fintech business in markets like India, Latin America, Africa and Eastern Europe, but ...

Why is Andreessen Horowitz (and everyone else) investing in Latin America now?

Investments by U.S. venture capital firms into Latin America are skyrocketing and one of the firms leading the charge into deals is none other than Silicon Valley’s Andreessen Horowitz . The firm that shook up Silicon Valley with potentially over-generous term sheets and valuations and an overarching thesis that “software is eating the world” has ...

Facebook finds and kills another 512 Kremlin-linked fake accounts

Two years on from the U.S. presidential election, Facebook continues to have a major problem with Russian disinformation being megaphoned via its social tools. In a blog post today the company reveals another tranche of Kremlin-linked fake activity — saying it’s removed a total of 471 Facebook pages and accounts, as well as 41 Instagram accounts, which ...

Global Demand for IT Outsourcing Services From Eastern Europe

04.28.2009 · Posted in Business News Article

It is hard to beat the global market when considering where to go for cost-efficient, high quality IT services. Obviously, labor overseas is cheaper than in the United States or in major European business centers. Indeed, American laborers with IT skills have expressed concern about the drain of jobs to India, Malaysia and ...