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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.
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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.
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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.
Ottoman sultan's portrait sold for $481,000 in London
A rare 16th-century portrait of Suleiman the Magnificent, the longest-reigning Ottoman sultan, fetched a hefty £350,000
($481,000) sale price in an auction on March 31 in London.
The portrait was on offer for collectors in live bidding at famed auction house Sotheby's starting at £80,000.
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.
Apple, Dell join bid for Toshiba chips
U.S. tech titans Apple and Dell have joined a bid to buy Toshiba's memory chip business, a deal seen as key to the survival of the cash-stripped Japanese industrial conglomerate, the US investor leading the consortium has said.
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Microsoft cuts off Windows 10 support early for some PCs
Some PCs that received a free upgrade to Windows 10 less than two years ago are now officially blocked from receiving future updates.
Global PC market ranking (infographic)
The global PC market continues to slump. According to market research firm Gartner, worldwide PC shipments totaled 61.1 million in the second quarter of 2017, the lowest quarterly total since 2007. Gartner blames higher prices caused by component shortages for the lackluster demand in the past three months.
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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.