Information Technologies Archives - Page 3 of 5

Indie developers JetCat Games receive first venture capital in Lithuanian gamedev industry

August 12, 2015 Invest Lithuania 0

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 Vilnius almost a year ago, has just received EUR 100 000 from Lithuania-based venture fund Practica Capital. […]

Lithuanian game developer with 30m users aiming to triple revenue in 2015

August 12, 2015 DELFI EN 0

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 expansion. One of TutoTOONS’s founders, Mantas Radvila, makes no secret of the fact that he had a chance to settle in the US and develop his business there, but chose Lithuania instead. DELFI, a Lithuanian media network, caught up with Mr Radvila to discover the reasons behind this decision, and what the secret of the company’s success is. […]

Mediafon establishes holding company

July 9, 2015 Lithuania Tribune 0

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. […]

Lithuania among Forbes’ top-five European entrepreneurial hotspots

June 22, 2015 Lithuania Tribune 0

Forbes has included Lithuania in its list of five places to watch for tech investors. […]

Lithuanian police launch investigation into army website hacking

June 16, 2015 BNS 0

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. […]

B2B News Network: Why Lithuania may be the next IT hotspot

June 13, 2015 Invest Lithuania 0

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. […]

Attack on Lithuanian army’s website plotted for two weeks

June 12, 2015 BNS 0

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. […]

Ministry of National Defence website hacked

Hackers post “annexation of Kaliningrad” plans on Lithuanian army’s website

June 11, 2015 BNS 0

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. […]

Lithuania boasts fastest public Wi-Fi

June 8, 2015 Lithuania Tribune 0

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. […]

Foreign Minister Linas Linkevičius. Photo Ludo Segers

Lithuania’s MFA among best connected foreign ministries on Twitter

April 28, 2015 ELTA EN 0

Lithuanian Foreign Affairs Ministry’s (MFA) Twitter account is among the top five most mutually connected accounts of world leaders on Twitter. […]

Lithuania leads Europe in fibre-optic internet penetration

April 12, 2015 Lithuania Tribune 0

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 conducted, Lithuania’s Ministry of Transport and Communications said. […]

From sailing the Barents Sea to international investor: Game Insight chairman Igor Matsanyuk

April 11, 2015 DELFI EN 0

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, creators of Tanki Online, to open office in Vilnius

April 2, 2015 Invest Lithuania 0

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 service in the European market. There are plans to enlarge the team in the future. […]

Estonian appointed to high management position at Microsoft

March 18, 2015 ELTA EN 0

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. […]

Lithuanian company develops software allowing sophisticated eye movement analysis with ordinary webcams

March 10, 2015 Invest Lithuania 0

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 based on how a user gazes at a monitor. Heatmaps can be used for applications such as analysis of websites or determining the effectiveness of online advertising. The SDK can also be used to develop interfaces for a number of other gaze-aware applications, including games and software that provides disabled people with some assistance in controlling their computers. […]

Global success for Lithuanian computing students

March 5, 2015 Lithuania Tribune 0

Two Lithuanian students at the University of Edinburgh have won a $10,000 prize at a global computer coding competition in Mumbai. […]

Lithuania Europe’s No. 1 in fibre-optic internet penetration

February 26, 2015 ELTA EN 0

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. […]

More details about Google expansion plans in Lithuania

February 20, 2015 DELFI EN 0

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 Vilnius. […]

Most Lithuanians concerned about cybercrime, survey shows

February 11, 2015 Bites zurnalas 0

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). […]

Lithuanian startups attracted EUR 46m investments in 2014

February 5, 2015 ELTA EN 0

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. […]