Bulgaria Falls Out of Global Top 40 Startup Ecosystems, Sofia Remains Regional Leader
Bulgaria has slipped in the Global Startup Ecosystem Index 2025, dropping four places from 37th to 41st worldwide
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Facebook has announced that it has bought New York-based startup CTRL-labs, which is exploring ways for people to communicate with computers using brain signals, Reuters reported.
The CNB estimates the deal at $ 1 billion, citing a well-informed source.
Facebook AR / VR Vice President Andrew Bosworth announced the deal in a message on the social network.
CTRL-labs will join Reality Labs on Facebook, Bosworth said, without specifying financial details of the deal.
According to media reports, CTRL-labs is working in the fields of cognitive psychology and machine learning to create an interaction mechanism through which people can control and work with computers through their minds. The company’s wristwatch, which is currently in development, uses gesture tracking sensors and will act as a data input.
Dr. Boyko Takov: Analytical and empirical results from ongoing projects constitute a solid information base
Up to 90 percent of construction and renovation workers in Bulgaria are operating outside the legal framework, according to entrepreneur Lozan Lozanov, who raised concerns about the lack of regulation in construction and installation services
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Mobile slot gaming has exploded in popularity, and it’s easy to see why.
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Boris Azarenko is an entrepreneur whose professional background lies in banking and finance and who later founded major property development businesses.
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