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Autopsy section: WeWork. From zero to hero and back.

Autopsy section: WeWork. From zero to hero and back.

How to lose 99% of the peak valuation of a company in 4 years and find yourself on the brink of bankruptcy? It's simple. Just create a false vision of business conquest of the world, and then sell it to investors with a few daring moves. Exactly as WeWork founder Adam Neumann did.

Map of the European startup ecosystem: Ukraine

Map of the European startup ecosystem: Ukraine

"Life still exists here. And the market, and money," said one of the investors, not hiding his surprise, after a recent visit to Ukraine. However, this is no surprise: despite nearly 2 years of war, people try to function normally, and entrepreneurs - to develop businesses. And the prospects are only better.

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Funds supported by PFR Ventures will invest most of the capital in innovative companies from Poland. In total, over 700 million PLN may go to Polish enterprises.

The European Commission plans to impose a fine of 500 million euros on Apple for violating competition rules in the music streaming services sector. This is the result of an antitrust investigation that examined whether the company favored its own services at the expense of competition.

The most desirable skills in the job market, Bard from Google changes its name, and FTX customers have a chance to recover stolen money. What else did we live through in the past week?

In times dominated by modern technologies, the skills to work with people prove to be more necessary than ever before.

The Polish Ministry of Digitization establishes an advisory team PL/AI Artificial Intelligence for Poland, Employers of the Republic of Poland create the Polish Council of Entrepreneurs, and another wave of layoffs shakes the global IT market. What else did we live through last week?

In 2023, the Polish business sector faced a serious challenge. According to a report from the analytical company Coface, the number of insolvent companies reached a record level of 4701, which means an increase of 2 thousand companies compared to 2022.

Many indications suggest that the year 2024 will be crucial for the further development of generative AI models trained on publicly available materials. Subsequent courts will decide whether and to what extent this technology infringes copyright.

The latest "KPMG CEO Outlook" study shows that 68% of CEOs in Poland consider AI to be a key investment, appreciating its potential in personalizing services. However, the challenge remains the lack of legal regulations for genAI, which raises concerns about the future of this technology.

How to start working in the Polish gamedev? Is it really a land flowing with milk and honey and what advice do people associated with the industry for years have for you? We look at the work in the Polish segment of the game market and suggest how to make a name for yourself in it.

The second quarter of 2024 will bring significant changes to the cryptocurrency market. The responsibility for supervising this sector will be taken over by the Financial Supervision Authority (KNF), which will receive expanded powers, including the ability to supervise and impose penalties.