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Tech giants buying out local startups

Big US tech companies are snapping up Greek startups, integrating their technology and their small teams into their own projects.

Just this year, there have been nine acquisitions of Greek startups by companies such as Cisco, Dell and Hewlett Packard Enterprise. 

Cisco has acquired Code BGP, a 2-year-old startup which, besides its three founders, employs six other people.

Slovenian artist wins Piran Grand Prix

Piran – Matic Moškon, a young Slovenian artist, has won the Grand Prix at the Piran Ex-Tempore workshop in the seaside town of Piran for a painting entitled Just an Observer.

Despite his youth, Moškon’s work “exhibits the quality of psychological introspection,” the jury said as the awards were declared on Saturday evening.

Ottoman sultan’s iconic portrait donated to Istanbul Metropolitan Municipality

A rare 16th-century portrait of Suleiman the Magnificent, the longest-reigning Ottoman sultan, has been donated to the Istanbul Metropolitan Municipality by an anonymous buyer after it fetched a hefty 350,000 British pounds ($481,000) of sale price in an auction in London last month.

Portrait of Ottoman Sultan Suleiman the Magnificent goes to auction

A rare 16th-century portrait of Suleiman the Magnificent, the longest-reigning Ottoman sultan, will be auctioned by Sotheby's.

The portrait of the sultan will be on live auction at Sotheby's with a starting bid of 60,000 pounds ($83,000). Estimates suggest it will be sold for around 80,000 - 120,000 pounds.

Bulgaria's QuarkVR Attracts Fresh Funding, Plans Staff Increase

Bulgarian software developer QuarkVR said on Tuesday that it has attracted two new investments worth more than 500,000 levs (3,000/256,000 euro) in total, as it won the trust and support of local investor CEO Angels Club, reports SeeNews. 

The startup's most pressing issue currently is the expansion of its team of specialists, QuarkVR said in a statement.  

No binding agreement expected at climate summit: WWF

Agreements on the table signaling commitments by countries, regional governments and companies are promising for the prospect of tackling carbon emissions and energy transition, but a binding agreement is not likely to emerge from the COP21 Climate Summit in Paris, according to Samantha Smith, the head of the WWF Climate and Energy Initiative.

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