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JetCat Games, founded by three game developers from Belarus, Ukraine, and Russia, has just marked a new milestone in the Lithuanian gamedev industry by becoming the first game developer to receive venture capital from a Lithuanian risk capital fund. The indie game development company, which moved to...
With over 30 million downloads worldwide of their game development platform, Kaunas-based TutoTOONS is going from strength to strength. Established as a start-up two years ago by two Lithuanian game developers, the company now has 15 staff in Kaunas and Barcelona, and has ambitious plans for further...
Mediafon, Telecommunications and IT Company, operating in 4 continents with strong presence in the Baltics, establishes holding company to further boost profits, Arūnas Babrauskas, the CEO at Mediafon and Member of the Board said Thursday.
Forbes has included Lithuania in its list of five places to watch for tech investors.
Lithuania's police on Monday launched a pre-trial investigation into the recent hacking of the website of Joint Staff of the Lithuanian Armed Forces. The website itself is now shut down for upgrading.
Recently we have seen reports of B2B companies moving into Lithuania’s borders and setting up shop. Google is also establishing a presence in the small Baltic state.
The Wednesday's cyber attack on the website of the Lithuanian Armed Forces Joint Staff was plotted for at least two weeks, with requests sent from Iran, among other countries, says Rimantas Černiauskas, director of the National Cyber Security Centre.
False information was on Wednesday published on the website of the Joint Staff of the Lithuanian Armed Forces. An investigation has been launched into suspected hacking, the Ministry of National Defence said on Thursday.
If you're travelling abroad and wish to make use of public Wi-Fi spots so as to avoid paying international data charges, Lithuania is the best country to go. The Baltic country is offering best download speeds over public Wi-Fi networks in the world.
Lithuanian Foreign Affairs Ministry's (MFA) Twitter account is among the top five most mutually connected accounts of world leaders on Twitter.
Once again, Lithuania proved that it is a leading country in fibre-optic network penetration. In 2014, the number of internet users in Lithuania increased by almost 3 percentage points and reached 34.6 percent. This is by far the best result among the 39 European countries where the study was conduc...
Last year businessman and investor Igor Matsanyuk moved his team to Vilnius, Lithuania’s capital city. And at the beginning of the summer he himself moved to Lithuania’s capital.
AlternativaPlatform, the creators of on-line game Tanki Online, which currently serves over 5 million users monthly, have announced the opening of their office in Lithuania. The office will soon employ five people who will be responsible for Tanki Online communication, public relations and client se...
Estonian Pilkku Aasma was appointed this month as Microsoft Devices Group Operations Manager, which means that she is CEO Stephen Elop's right-hand person, who is responsible for the day-to-day operations of the company, Delfi reports.
Neurotechnology, a provider of high-precision biometric, robotics and AI technologies, introduced the SentiGaze Software Development Kit (SDK). The SentiGaze algorithm enables designers and developers to create applications that use off-the-shelf webcams to track eye movements and generate heatmaps ...
Two Lithuanian students at the University of Edinburgh have won a $10,000 prize at a global computer coding competition in Mumbai.
For the 6th year in a row, Lithuania retained its leading position in Europe in terms of fibre-optic (FTTH) Internet network penetration. According to the global ranking, Lithuania comes in number 8, the annual report of the FTTH Council Europe shows.
Talks have been around for some time now that US internet giant Google is looking into expanding in Lithuania. At the moment, however, the company is only looking for a Lithuanian-speaking finance specialist for a job in Dublin and does not reveal any details about possible plans to settle in Vilniu...
According to a Eurobarometer survey, 85 percent of internet users in the European Union believe that the risk of becoming a victim of cybercrime is growing (a 9-percent increase compared with the survey from 2013).
Disproving the widely popular opinion, startups in Lithuania are no longer a sphere for students. The number of entrepreneurs with higher education has doubled in the last two years, while their average age has increased by two years.
