Swedish startup Lovable reaches $400 million revenue with 146 employees

Swedish software startup Lovable has reached $400 million in annual recurring revenue as of February 2026, marking one of the fastest growth trajectories in the history of software startups. The company added $100 million in recurring revenue in a single month, according to Ryan Meadows, Lovable’s......

Gaming industry backlash intensifies over use of AI in development

The global video game industry is facing mounting resistance to the use of generative artificial intelligence, as both players and developers warn the technology is eroding creative work and threatening jobs in a sector worth roughly 200 billion dollars annually. A large-scale survey by analytics firm......

Star trek game hits 100,000 sales in four days amid pressure on Jumpgate

Star Trek: Voyager – Across the Unknown has sold more than 100,000 copies in its first four days on the market, delivering an early commercial lift for Swedish games group Jumpgate AB after a period of financial strain. Developed by Hamburg-based studio gameXcite and published by Daedalic Entertainment,......

Ubisoft beats forecasts as Assassin’s Creed drives bookings growth

Ubisoft Entertainment reported third quarter net bookings of 338 million euros, up 12 percent year on year and above both company guidance and Wall Street expectations, buoyed by sustained demand for its flagship Assassin’s Creed franchise as the publisher undergoes a sweeping restructuring. For......

Ericsson and Nokia collaborate on groundbreaking 6G video standards

European telecom giants Ericsson and Nokia have partnered with Germany's Fraunhofer Heinrich Hertz Institute to develop next-generation video coding standards for the upcoming 6G era. The collaboration, announced on October 27, revealed groundbreaking video compression technology that significantly......

The end of an era: Microsoft retires Skype after two decades

After more than two decades of virtually connecting the world, Skype has officially been retired. The once-revolutionary video and voice call service, launched in 2003, was officially switched off by Microsoft on May 5, 2025. At its peak, Skype became synonymous with online communication, enabling free......

Tesla faces steep decline in European markets as buyers shift preferences

Tesla experienced significant sales downturns across major European markets in January 2025, with declines ranging from 12% to 63% in key countries, amid growing competition and public response to CEO Elon Musk's political activities. This shift marks a notable change for the electric vehicle manufacturer......

Morocco's Active Commitment to Artificial Intelligence Highlighted in Stockholm

Morocco's dedication to becoming a key player in the field of artificial intelligence (AI) was showcased at a significant event held on Friday in Stockholm. The gathering, organized by the Moroccan Embassy in Sweden in collaboration with the Moroccan Skills Network, focused on "demystifying......

Morocco Climbs to 76th in Global Network Readiness Index

Morocco has risen to 76th place in the 2024 Network Readiness Index (NRI), improving by one position from its 2023 ranking. The NRI, a collaborative effort between the Portulans Institute and the Saïd Business School at the University of Oxford, evaluates 133 economies on their ability to leverage......

US Arms Control Official Heads to Morocco for Global Conference on AI in Chemical Weapons Prevention

US Assistant Secretary for Arms Control, Mallory Stewart, is visiting Morocco through October 24 to participate in a groundbreaking conference examining artificial intelligence's role in implementing the Chemical Weapons Convention (CWC). The Global Conference on the Role of Artificial Intelligence......

  • Fajr
  • Sunrise
  • Dhuhr
  • Asr
  • Maghrib
  • Isha

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.