LITHUANIA

Innoviz Reaches a Key Milestone with Successful Winter Test of InnovizTwo LiDAR and AI-Powered Perception Software, Showcasing Significant Progress and New Opportunities

Retrieved on: 
Thursday, April 18, 2024

TEL AVIV, Israel, April 18, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, announced today the successful completion of a winter test for its InnovizTwo LiDAR and Perception Software, a key engineering and R&D achievement.

Key Points: 
  • IInnoviz uses winter tests to measure and scrutinize the Company's products for thousands of kilometers.
  • The data and insights accumulated are used to improve Innoviz's proprietary AI-backed software and hardware solutions.
  • Ahead of the drive, Innoviz received TÜV SÜD Certification Mark for Roof Racks, establishing an essential industry benchmark, approving the LiDAR roof setup to operate on roads.
  • The number of LiDAR scanners to be sold in 2035 is likely to be more than double according to IHS.

BingX and WDC Made Progress in Ending Captivity of Whales and Dolphins

Retrieved on: 
Tuesday, April 16, 2024

The project targets the burgeoning industry of cetacean captivity, which currently sees more than 3,600 whales and dolphins confined in 350 facilities across 59 countries, primarily in coastal regions.

Key Points: 
  • The project targets the burgeoning industry of cetacean captivity, which currently sees more than 3,600 whales and dolphins confined in 350 facilities across 59 countries, primarily in coastal regions.
  • Vivien Lin, Spokesperson for BingX, expressed enthusiasm for the progress: "The values of BingX and WDC strongly align in our shared passion to protect whales and dolphins.
  • We've made remarkable progress through the End Captivity Project, advancing vital research and raising awareness about the harsh realities of captivity.
  • Following the recent success, WDC and BingX are gearing up for the Summer Captivity Campaign, targeting high-profile dolphinaria in European resorts.

Sotheby's International Realty Opens First Office in Poland

Retrieved on: 
Monday, April 15, 2024

NEW YORK, April 15, 2024 /PRNewswire/ -- Sotheby's International Realty today announced the opening of Poland Sotheby's International Realty, signifying the brand's 194th office in Europe.

Key Points: 
  • NEW YORK, April 15, 2024 /PRNewswire/ -- Sotheby's International Realty today announced the opening of Poland Sotheby's International Realty, signifying the brand's 194th office in Europe.
  • An international businessman, Gebrauskas is also an owner of Baltic Sotheby's International Realty in Lithuania.
  • The affiliate network is operated by Sotheby's International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc.
  • Both Sotheby's International Realty Affiliates LLC and Sotheby's International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

Lithuania's Nese enters iGaming with a record sponsorship deal

Retrieved on: 
Wednesday, April 10, 2024

The company entered into a 3-year long, €7.5 million sponsorship deal with the Wolves basketball club and secured the Avia Solutions Group Arena naming rights.

Key Points: 
  • The company entered into a 3-year long, €7.5 million sponsorship deal with the Wolves basketball club and secured the Avia Solutions Group Arena naming rights.
  • This sponsorship deal is worth at least €7.5 million for the next three years and may increase to €10 million if certain conditions are met.
  • Such a sports and iGaming sponsorship deal is among the largest in Lithuanian history.
  • "We are the only top-tier Lithuanian basketball club operating without any support from municipalities, and so this sponsorship deal will pave the way for sustainable growth.

Lithuania's Nese enters iGaming with a record sponsorship deal

Retrieved on: 
Wednesday, April 10, 2024

The company entered into a 3-year long, €7.5 million sponsorship deal with the Wolves basketball club and secured the Avia Solutions Group Arena naming rights.

Key Points: 
  • The company entered into a 3-year long, €7.5 million sponsorship deal with the Wolves basketball club and secured the Avia Solutions Group Arena naming rights.
  • This sponsorship deal is worth at least €7.5 million for the next three years and may increase to €10 million if certain conditions are met.
  • Such a sports and iGaming sponsorship deal is among the largest in Lithuanian history.
  • "We are the only top-tier Lithuanian basketball club operating without any support from municipalities, and so this sponsorship deal will pave the way for sustainable growth.

Payment Gateway Market worth $48.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, April 10, 2024

Based on payment gateway type, the API hosted and local bank integration gateway segment to hold second largest market size during the forecast period.

Key Points: 
  • Based on payment gateway type, the API hosted and local bank integration gateway segment to hold second largest market size during the forecast period.
  • API-hosted payment solutions offer businesses unparalleled flexibility in integrating with a wide range of payment methods beyond traditional credit cards, including digital wallets, alternative payment methods, and emerging technologies like cryptocurrency payments.
  • By leveraging APIs (Application Programming Interfaces), businesses can seamlessly connect their systems with multiple payment providers, allowing customers to choose from a variety of payment options at checkout.
  • Payment gateways are dependable and scalable solutions that can manage peak loads and large transaction volumes, guaranteeing continuous payment processing even during spikes in demand.

Payment Gateway Market worth $48.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, April 10, 2024

Based on payment gateway type, the API hosted and local bank integration gateway segment to hold second largest market size during the forecast period.

Key Points: 
  • Based on payment gateway type, the API hosted and local bank integration gateway segment to hold second largest market size during the forecast period.
  • API-hosted payment solutions offer businesses unparalleled flexibility in integrating with a wide range of payment methods beyond traditional credit cards, including digital wallets, alternative payment methods, and emerging technologies like cryptocurrency payments.
  • By leveraging APIs (Application Programming Interfaces), businesses can seamlessly connect their systems with multiple payment providers, allowing customers to choose from a variety of payment options at checkout.
  • Payment gateways are dependable and scalable solutions that can manage peak loads and large transaction volumes, guaranteeing continuous payment processing even during spikes in demand.

Press release - Parliament celebrates the 20th anniversary of the EU’s biggest enlargement

Retrieved on: 
Thursday, April 25, 2024

Parliament celebrates the 20th anniversary of the EU’s biggest enlargement

Key Points: 
  • Parliament celebrates the 20th anniversary of the EU’s biggest enlargement
    On Wednesday morning, MEPs, EU and member state representatives, and young people born 20 years ago, marked the entry into the EU of ten countries in May 2004.
  • EP President Roberta Metsola, Commission President Ursula von der Leyen, former EP President Pat Cox, and former Commission President Romano Prodi participated in a formal sitting of Parliament to mark the 20th anniversary of the 2004 EU enlargement.
  • Addressing the ceremony, European Parliament President Roberta Metsola said:
    ”In these past two decades, Europe has been met with unprecedented challenges.
  • The transformative effect of EU enlargement on the lives of generations of Europeans is without any doubt.

How breakdancing became the latest Olympic sport

Retrieved on: 
Thursday, April 25, 2024

Breaking is probably better known to most of us as breakdancing.

Key Points: 
  • Breaking is probably better known to most of us as breakdancing.
  • So why is the sport officially called breaking, and how is something so freestyle and subjective going to play out as a scored sport in Paris this summer?
  • Throughout the 1980s the phenomenon garnered international exposure via music videos and movies such as Flashdance (1983), Breakin’ (1984) and Beat Street (1984).

Why the Olympics?

  • It is also fair to say though that breaking made it to Paris 2024 thanks to the insistence of the host country.
  • Los Angeles 2028 will add flag football (a variant of American football), lacrosse, cricket and squash.

What we will see in Paris?

  • There is a three-part qualifier for the games, so no doubt each of those qualifying athletes will be in the history books.
  • Already qualified through WDSF World and continental championships are some heavy favourites, such as B-boys Victor (US) and Danny Dan (France), and B-girls India (Netherlands) and Nicka (Lithuania).
  • The last 14 will be decided by the top-ranked 80 breakers at the dedicated Olympic qualifier series in Shanghai in May and Budapest in June.
  • However, this number has increased to nine in the Olympic framework, presumably to minimise subjectivity and risk of errors.


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Mikhail Batuev does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

What does new micro price evidence tell us about inflation dynamics and monetary policy transmission?

Retrieved on: 
Thursday, April 25, 2024

To understand inflation dynamics, it is necessary to analyse how often and by how much individual prices change.

Key Points: 
  • To understand inflation dynamics, it is necessary to analyse how often and by how much individual prices change.
  • This article discusses what micro price data gathered by the European System of Central Banks’ Price-setting Microdata Analysis Network (PRISMA) tell us about the way firms set their prices.