
EU Proposes Restricting Microsoft and Google from Strategic Government Cloud Contracts
The EU plans to restrict Microsoft, Google, and Amazon from government cloud contracts in strategic sectors to boost European tech independence.

The EU plans to restrict Microsoft, Google, and Amazon from government cloud contracts in strategic sectors to boost European tech independence.

Ukraine imposes sanctions on 32 Russian firms and 34 individuals linked to the military-industrial complex, aiming to disrupt defense supply chains and related tech sectors.

Uzbek banks report a 30.88% deposit increase in Q1 2026, boosting liquidity and creating new opportunities for startup funding and venture capital investment.

Octobank launches E9PAY-enabled transfers from South Korea to Uzbekistan’s HUMO cards, fostering fintech innovation and attracting VC interest in cross-border payments.

Uzbekistan's banking sector saw a 1.8 trillion UZS rise in problematic loans in Q1 2026, affecting credit availability for tech startups and the innovation ecosystem.

Uzbek banks are now required to keep a minimum balance on cards during automated debt withdrawals, affecting fintech lending and payment systems.

Uzbekistan accelerates Asakabank's privatization, reallocating assets and injecting capital to boost venture-backed startups and modernize its banking sector.

Leading Uzbek banks report strong Q1 2026 profits and asset growth, signaling expanding opportunities for venture capital and fintech innovation in the country.