technology

Lithuanian science and business representatives on Monday signed a letter of intent on cooperation with Massachusetts Institute of Technology (MIT).

U.S. and other major tech platforms that treat their own services more favorably, at the expense of rivals, could be forced to sell businesses and pay billion-dollar fines under strict rules unveiled by the European Union.

Have you tried imagining your life in 2050? What do you see – a much more advanced and comfortable everyday life, infused with futuristic technology, or less appealing images of environmental degradation, uncontrolled migration, and alienation brought by diving deeper in the virtual world? Will tech...

According to specialists, Lithuania has now become a country that boldly introduces innovations to its engineering industry’s market that are not yet available to manufacturers in neighbouring countries. The country’s most famous innovators have also been developing technologies in various fields fr...

Lithuania's image on the international scene is promising: in 2017 alone, 35 fintech companies were established here, and a few weeks ago the 16+1 Heads of Government of China and the countries of Central and Eastern Europe agreed to set up a financial technology coordination centre and organise a h...

Macaw, an award-winning employer and digital solution provider, has selected Vilnius as the location for its first office outside the Netherlands. In establishing a company in Vilnius, Macaw plans to grow exponentially and recruit highly talented information technology specialists who will develop M...

For a decade we have heard repeated stories of foreign companies entering Lithuania and successfully establishing their branches here, but this could become a rarer sight if the country’s demographic crisis is not stymied.

Agriculture has proven fertile ground for innovators and developers of smart solutions as well as investors eager to put their money into new technology. However, Lithuanian startups have so far shown little interest in the field.

Rapid urbanization is posing new challenges to quality of life in big cities across the globe, including in Lithuania. Even a relatively small city like Vilnius is facing problems like traffic jams and air pollution - and using smart technologies to tackle them.

To survive in a changing digital market, Lithuanian companies must makes use of a second wave of advanced digital technologies: mobility, social networks, clouds, big data analytics, and the internet of things.

Helisota, a Lithuanian subsidiary of aviation giant Avia Solutions Group (ASG) is to repair Airbus helicopters under a new deal with the world’s largest helicopter manufacturer.

Vilnius Tech Park is to develop a smart garden lab that will develop new technologies for urban gardening and other green city projects.

Lithuanian Company eSTAR sold 50% more tablets in 2015 than in 2014 despite the fact that the tablet market shrank by as much as 30% in many European countries last year.

A team of scientists led by the head of the Faculty of Engineering and Architecture at Kaunas University of Technology has developed a concrete mixture which can be used to print houses with a 3D printer.

Lithuanian laser companies are exporting over 90% of their production overseas, with India and China developing as key export markets.

According to the International Telecommunication Union (ITU), Lithuania is ranked 40 among 166 countries in the annual Information and Communication Technology (ICT) Development Index 2014. Meanwhile, Latvia is ranked 33rd and Estonia 21st.

On 14 November 2014, Santaka Valley KTU Science and Technology Centre and Technological Business Incubator will open. KTU Santaka Valley is one of the most important objects strengthening the image of Kaunas as business and investment-friendly city. KTU Santaka Valley will strive to become one of th...

Lithuania's Economy Minister Evaldas Gustas has signed an agreement of a European Cooperating States with the European Space Agency (ESA) in Paris.