• Skype, Smart, Bolt thrive in absence of tech giants

    Bolt CEO Markus Villig speaks on stage on the 2019 Net Summit know-how convention in Lisbon, Portugal.

    Horacio Villalobos | Corbis through Getty Photos

    Estonia’s tech firms have been in a position to thrive within the absence of huge multinationals like Fb and Microsoft, the nation’s president informed CNBC.

    House to only over one million individuals, Estonian founders have produced a number of tech corporations with multibillion-dollar valuations. Skype, which was bought to eBay after which Microsoft, is essentially the most well-known, whereas others embody not too long ago listed foreign money alternate app Smart and mobility app Bolt, which