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Tesonet invests in Lithuanian SportsTech startup FPRO

Tesonet is investing €2 million in the Lithuanian SportsTech startup FPRO. This is FPRO’s first round of outside investment, marking a new phase in its development. The funds will help the startup to leverage smart tech solutions to expand professional training opportunities in youth football worldwide. A made-in-Lithuania solution for the global football market FPRO […]

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Tesonet is investing €2 million in the Lithuanian SportsTech startup FPRO. This is FPRO’s first round of outside investment, marking a new phase in its development. The funds will help the startup to leverage smart tech solutions to expand professional training opportunities in youth football worldwide.

A made-in-Lithuania solution for the global football market

FPRO is a SportsTech startup that is developing innovative football training solutions for children. Working in collaboration with UEFA-certified coaches and experts in sports science, FPRO has devised a unique interactive app for children ages 6 through 12. The app is designed to improve their technique, coordination and ball control skills.

Having founded the Football Pro Academy back in 2018, founders Ernestas Pilypas, Darius Jankauskas, and Vilius Petkevičius were forced to move operations online during the pandemic. This was the impetus behind the development of their digital product, which was released in 2022. The platform’s user base currently consists of 140,000+ children from the UK, Germany, the US, and other countries. Most of the company’s revenue comes from sales outside of their home market.

“Football is the most popular sport in the world, but the market is currently short on qualified coaches. We wanted to create a solution that would be accessible to everyone, regardless of their financial means or location. FPRO fills this gap by offering young athletes an accessible, tech-driven method geared towards raising their physical fitness and developing their personalities in a comprehensive way. It helps to build their self-confidence, discipline, and passion for football through a focused and personalised coaching process. We see Tesonet’s investment as confirmation that we’re on the right track,” said Vilius Petkevičius, co-founder of FPRO.

Ambitious partnership for innovation in children’s sports

“The sports technology market has enormous potential, and football unites billions of people worldwide. Given our substantial experience with SportsTech, the latest investment reflects our strategy to expand the sports innovation ecosystem while strengthening the community both in Lithuania and globally. This is a profitable and growing startup with a broad user base, an unstoppable team, and founders who are experts in their field. It’s a perfect combination, and one that mirrors our own values,” commented Tomas Okmanas, co-founder of Tesonet.

Tesonet co-founder Eimantas Sabaliauskas added: “When making a decision to invest, we consider not only market potential, but also a given team’s vision and ability to solve real problems on a global scale. FPRO has created a strong product, and our goal as investors is to help them not just financially but also in terms of strategy. We see clear synergies where our contribution could help them optimise business processes, develop new revenue streams, expand their user base, and further accelerate growth internationally.”

Another SportsTech investment in Tesonet’s portfolio

This is not our first venture in the sports vertical. In 2022, we acquired shares in BC Žalgiris Kaunas, helping the basketball club with its digital transformation and commercial expansion. Then in 2024, we invested in basketball club BC London Lions, aiming to promote the development of young talent and bolster the club’s competitiveness internationally.

ABOUT TESONET:

Tesonet is one of the largest venture builders and investors in the Baltic States. It houses globally recognized companies such as joint cybersecurity powerhouse Nord Security and Surfshark, a market-leading web intelligence collection platform Oxylabs, the fastest-growing brand among hosting providers Hostinger, nexos.ai – an AI orchestration platform, and others.

With over 3,500 in-house talents and a fully developed infrastructure, Tesonet supports, funds, and scales businesses globally. Since 2018, Tesonet has extended its reach by investing in successful ventures like Hostinger, Cast AI, Eneba, BC Žalgiris, London Lions, Artea, Zapp, Turing College, and others.

Tesonet is known for its innovative ecosystem and strong infrastructure, which support product development, testing, and global growth. The company is dedicated to advancing technological innovation and helping grow the broader ecosystem.

ABOUT FPRO:

FPRO is a sports technology startup dedicated to developing innovative training solutions for children’s football. Collaborating with UEFA-certified coaches and sports university experts, FPRO has created a unique interactive mobile app designed to help children aged 6–12 improve their technique, coordination, and ball control skills.Currently, the platform is being used by over 140,000 children across the United Kingdom, Germany, the United States, and other countries.





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Hikvision highlights EdTech innovations for a promising future at the Shaping Intelligence 2025 Education Summit

SINGAPORE, July 10, 2025 /PRNewswire/ — Hikvision hosted its Shaping Intelligence 2025 Education Summit at Singapore’s Institute of Technical Education (ITE) College East campus. The two-day event brought together more than 400 distinguished participants from across the globe, including educators, technology experts, industry partners, and clients-with a significant representation of university presidents and K-12 school […]

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SINGAPORE, July 10, 2025 /PRNewswire/ — Hikvision hosted its Shaping Intelligence 2025 Education Summit at Singapore’s Institute of Technical Education (ITE) College East campus. The two-day event brought together more than 400 distinguished participants from across the globe, including educators, technology experts, industry partners, and clients-with a significant representation of university presidents and K-12 school principals-to explore the latest educational technology (EdTech) innovations and their transformative potential for the future of learning.

Hikvision highlights EdTech innovations for a promising future at the Shaping Intelligence 2025 Education Summit

Under the theme ‘EdTech for a Brighter Future’, the summit included impactful keynote presentations, enlightening case studies, and interactive product demonstrations. It also included a landmark signing of a strategic partnership agreement between ITE College East Singapore and Hikvision.

A strategic partnership agreement between ITE College East Singapore and Hikvision

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The summit emphasized collaboration as the cornerstone of educational technology advancement. A historic moment was marked by the formal signing of the Memorandum of Understanding between the Institute of Technical Education College East, Singapore, and Hikvision for smart education innovation.

The partnership represents more than an agreement-it’s a commitment to co-creating the future of technical education through intelligent technology solutions. Vivianna Wong, Vice President of Hikvision International Business Center and President of Hikvision Pan Asia Pacific Business Center, said, “Our goal is to bring smart solutions into real-world scenarios. In education, we’re using integrated technologies to support meaningful transformation. We’re helping make schools safer, classrooms smarter, and learning more accessible for everyone.”

Fostering growth through joint efforts

Throughout the summit, Hikvision’s partners and clients engaged in vibrant discussions, sharing their innovative solutions and success stories. These exchanges provided a platform for exploring cutting-edge technologies, applications, and best practices to enhance security, efficiency, and sustainability in education.

Compelling case studies from institutions across Asia-Pacific, the Middle East, Latin America, and Europe showcased regional educational digitalization trends and AI opportunities in learning environments. Dynamic panel discussions brought together diverse perspectives from educators, technologists, and industry leaders to advance educational development.

Hikvision’s commitment to education extends beyond technology. Through its STAR program, Hikvision collaborates with non-profit organizations to support communities and children in need. From China to Singapore, the Netherlands, and beyond, this program bridges education gaps in remote areas while introducing modern technologies to enrich children’s lives.

Unlocking future opportunities with AIoT-driven education solutions

At the summit, Hikvision introduced its comprehensive educational solution that addresses modern institutions’ evolving challenges.

Currently, Hikvision’s education products and solutions serve a wide range of users, including public K-12 schools, private K-12 schools, universities, and training schools-each with distinct needs and priorities. “Our solution aims to enhance campus safety, school management, and smart teaching,” said Yu Qifan, Senior Manager of the Education and Healthcare Vertical at Hikvision. “We’re proud to support institutions globally, and look forward to continuing this journey together.”

Accelerating smart classrooms with brand-new WonderHub

A major summit highlight was the unveiling of Hikvision’s new Select Series WonderHub-a powerful and interactive flat panel display (IFPD) designed to transform teaching and learning experiences.

This next-generation product runs the latest Android system, pre-installed Google apps, and features groundbreaking WonderOS 4.0 for smart teaching. Its innovative AI features, such as AI Identify, AI Q&A, and AI Meeting, were presented to demonstrate how they simplify teaching and make the process more intuitive for educators. The open architecture of WonderHub ensures compatibility with existing education software, simplifying implementation for institutions of all sizes.

Acknowledgments

Hikvision sincerely thanks to summit sponsors CWT, Ademco, and Certis for their invaluable support in making this transformative event possible. Their commitment to educational advancement enables industry gatherings that drive meaningful change in global education delivery.

Looking ahead, Hikvision will continue collaborating with its partners worldwide to explore new possibilities in EdTech, bringing about more sustainable changes and shaping a better world. The conversations, connections, and collaborations formed at the summit will continue to drive educational innovation, creating intelligent learning environments that empower educators and inspire students across the globe.



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Champs Sports Taps Aetrex to Power Digitally Enhanced In-Store Experience

Tech Tactics is Sourcing Journal’s series with brands and technology companies to discuss their latest innovations. Champs Sports is upgrading its retail experience with support from Teaneck, N.J.-based footwear company Aetrex. More from Sourcing Journal Last week, the apparel, footwear and accessories retailer—part of Foot Locker, Inc.—unveiled its new “Reimagined” store concept, aimed at delivering […]

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Tech Tactics is Sourcing Journal’s series with brands and technology companies to discuss their latest innovations.

Champs Sports is upgrading its retail experience with support from Teaneck, N.J.-based footwear company Aetrex.

More from Sourcing Journal

Last week, the apparel, footwear and accessories retailer—part of Foot Locker, Inc.—unveiled its new “Reimagined” store concept, aimed at delivering an enhanced customer journey through an immersive shopping environment. The initiative launched at shopping centers in two key markets—Brandon Exchange in Tampa and Washington Square in Portland—with redesigned stores that reflect Champs Sports’ commitment to “blending sport and lifestyle for a more engaging in-store experience,” according to Champs Sports.

The updated locations include family-friendly zones with dedicated footwear sections for women and kids, encouraging full-family shopping, as well as curated visual displays that spotlight featured brands. One of the most notable elements, however, is the digital integration powered by Aetrex, which includes advanced 3D foot-scanning technology designed to deliver precise fit recommendations. This innovation, along with other omnichannel touchpoints, supports a more personalized and seamless shopping experience from start to finish.

“The Champs Sports Reimagined store concept introduces features intended to enhance the customer journey for head-to-toe shopping, including measuring tools with [Aetrex’s] 3D scanning technology that help achieve a precise fit for shoes in a fun, immersive way and interactive screens for omnichannel exploration of extended product options,” Tony Aversa, senior vice president and general manager at Champs Sports, told Sourcing Journal.

To help consumers and retailers like Champs Sports find the right-fitting footwear, Aetrex offers 3D scanning technology like the Albert 3DFit Scanner. This tool combines precise 3D foot measurements with AI-driven footwear matching to recommend the best fit across fashion, sport and everyday styles.

In addition to enhancing the customer experience, the Albert 3DFit Scanner also provides retailers with valuable data to optimize marketing, store performance and product planning. According to Aetrex, this data can be used to deliver personalized digital marketing based on individual foot profiles, driving higher engagement and conversion rates.

“Studies have shown that…consumers would like to experience a fit technology when shopping for footwear, [and] Albert 3DFit helps retailers of all sizes address this need,” said Kumar Rajan, vice president of technology at Aetrex. “Having the industry’s largest technology development team, we were able to use our vast experiences, coupled with our ability to engineer our own hardware and software, to develop an innovative 3DFit experience that’s affordable for all interested retailers.”



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Soccer, Media & Tech Collide in NJ

From left to right: Tad Brown, CEO of Harris Blitzer Sports & Entertainment, Gov. Phil Murphy, Tim Sullivan, CEO of the New Jersey Economic Development Authority, and Greg Kha, CEO of GK Digital. General Business By Anthony Birritteri, Editor-in-Chief On Jul 10, 2025 The worlds of soccer, media and technology collided today at Newark’s Prudential […]

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From left to right: Tad Brown, CEO of Harris Blitzer Sports & Entertainment, Gov. Phil Murphy, Tim Sullivan, CEO of the New Jersey Economic Development Authority, and Greg Kha, CEO of GK Digital.From left to right: Tad Brown, CEO of Harris Blitzer Sports & Entertainment, Gov. Phil Murphy, Tim Sullivan, CEO of the New Jersey Economic Development Authority, and Greg Kha, CEO of GK Digital.

From left to right: Tad Brown, CEO of Harris Blitzer Sports & Entertainment, Gov. Phil Murphy, Tim Sullivan, CEO of the New Jersey Economic Development Authority, and Greg Kha, CEO of GK Digital.

General Business

The worlds of soccer, media and technology collided today at Newark’s Prudential Center, highlighting why New Jersey is in the driver’s seat when it comes to taking advantage of the next wave of innovation in global sports and entertainment.

Organized by GK Digital Ventures in collaboration with Harris Blitzer Sports & Entertainment (HBSE), “The Global Game: The Future of Soccer, Tech & Media Summit” brought together top soccer executives, investors, team owners, media executives, tech leaders, and athletes for a day of future-focused discussions and networking. Key topics included AI-driven performance, fan engagement, streaming innovation, and the expanding global footprint of soccer.

GK Digital Ventures founder Greg Khan, a successful angel investor and advisor to Fortune 500 companies, told New Jersey Business that the event is a spotlight on the state, which has been building its entertainment, sports and technology ecosystem for years, “but has been a little bit under the radar.”

He said that the current FIFA Club World Cup games and next year’s FIFA 2026 World Cup games being played at MetLife Stadium in East Rutherford present an enormous economic opportunity. Combined with all FIFA-related games being played in the nation this year and next, Khan said the matches are expected to deliver $47 billion in economic output in the US, and $62 billion in global gross domestic product. Additionally, an estimated 290,000 jobs will be created in the US because of FIFA’s flagship events.

Khan said that soccer will not only take place in the stadium, but will also take place via media and technology and that the Garden State “has all the ingredients to be a powerhouse in this next chapter; from elite level soccer and iconic sporting venues, to

cutting-edge tech companies, a thriving media, and a dynamic investment community. There is real momentum here and today’s event is a celebration of what is possible.”

Gov. Phil Murphy focused on the games’ economic impact on the state as he took to the podium exclaiming, “Welcome to New Jersey, the soccer capital of the world!”

Murphy expects next year’s World Cup to have an economic impact in the “single-digit” billions of dollars, with some 14,000 to 15,000 jobs being created and between 1 million to 2 million visitors coming to the region. Meanwhile, the fan fest location at Liberty State Park is expected to see some 75,000 visitors per day.

“There is nowhere on the planet that is more prepared for next year than we are,” Murphy said, explaining that part of the reason why the state actively sought to play a major role in this year’s Club World Cup was to prep for next year.

Turning to innovation, the governor said that the state had lost its way in supporting the start-up community, but said his administration, for the past 7.5 years, has been trying to recapture the state’s rightful place in the innovation economy.

“So far, so good,” Murphy said, explaining that New Jersey today is in the top “handful” of states attracting venture capital money. He also mentioned New Jersey’s growing film industry, spotlighting Netflix’s planned 300-acre East Coast headquarters in Monmouth County, which is under construction, as well as the state’s 11 Strategic Innovation Centers focusing on sectors such as artificial intelligence, the life sciences, fintech, manufacturing, information technology, and more.

The day-long event featured a variety of panel discussions with topics including Streaming the Global Game – The Future of Soccer Media; The Future of Soccer – Investment, Growth, and Global Expansion; The Marketer’s Perspective – Building Global Brands with Soccer; Tech and Data in Soccer – Enhancing Performance and Fan Experience; and more.

To access more business news, visit NJB News Now.

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Fitbit Charge 6 Fitness Tracker on sale for $99.95 on Amazon Prime Day

Stay on track with a new Prime Day deal! Are you on a journey to get fit this summer, or simply looking to keep better track of your sleep patterns? The Fitbit Charge 6 Fitness Tracker with Google apps can do just that, and so much more! Even better, during the Amazon Prime Day sale […]

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Stay on track with a new Prime Day deal!

Are you on a journey to get fit this summer, or simply looking to keep better track of your sleep patterns? The Fitbit Charge 6 Fitness Tracker with Google apps can do just that, and so much more! Even better, during the Amazon Prime Day sale (happening now through Friday, July 11), this Fitbit Charge 6 Fitness Tracker is just $99.95—that’s a 38% discount!

This powerful fitness tracker can monitor key metrics, from calories and Active Zone Minutes to Daily Readiness and sleep. It’s designed to help you stay motivated and move more, offering over 40 exercise modes, built-in GPS, all-day activity tracking, 24/7 heart rate monitoring, automatic exercise tracking and much more.

Plus, users consistently praise its comfortable, compact design, making it perfect even while sleeping.

Amazon Prime Day 2025: Fitbit Charge 6 Fitness Tracker with Google apps

Fitbit Charge 6 Fitness Tracker with Google apps

Give your routine a boost with the only fitness tracker with Google built in. Charge 6 has your essential apps—like YouTube Music, Google Maps and Google Wallet.

Save 38% at Amazon

This fitness tracker even managed to convert a previous Apple Watch user:

I gave up my Apple Watch because the battery life was absolutely horrid. I decided I wanted a fitness tracker to help me get on top of my health. This Fitbit has done that. It helps me understand my sleep and has so many health metrics that I just couldn’t get from the Apple Watch. It is durable and waterproof. The app is also user-friendly once you get it set up. – Amazon customer review

When is Amazon Prime Day 2025 happening?

Amazon has officially revealed that the Prime Day 2025 sale will run from Tuesday, July 8, through Friday, July 11. The official Prime Day savings start at 12 am PT/3 am ET on Tuesday, July 8. Prime Day is Amazon’s annual members-only shopping event. It offers limited-time deals, lightning deals, and exclusive discounts on products across nearly every category.

Do I have to be an Amazon Prime member to shop Prime Day deals?

Yes, you must be an Amazon Prime member to access most deals.

How much does an Amazon Prime membership cost?

New members can try one week of Amazon Prime benefits for just $1.99. After that, Prime costs $14.99 per month or $139 per year.

Amazon Prime Membership

Sign up for an Amazon Prime membership to get exclusive perks and benefits all year.

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No Fee Hike For Nursing Courses This Year, Warns Minister Sharanaprakash Patil

Karnataka: In a strong message to private nursing colleges, the Karnataka government has announced that there will be no fee hike for nursing courses this academic year, reiterating its commitment to protecting students from economically weaker sections. Karnataka Medical Education and Skill Development Minister Sharanaprakash Patil made this clear during a meeting with the Association […]

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Karnataka: In a strong message to private nursing colleges, the Karnataka government has announced that there will be no fee hike for nursing courses this academic year, reiterating its commitment to protecting students from economically weaker sections.

Karnataka Medical Education and Skill Development Minister Sharanaprakash Patil made this clear during a meeting with the Association of Nursing Colleges held at Vikasa Soudha on Thursday.

“The government will not allow any fee increase. Most nursing students come from rural and economically disadvantaged backgrounds. Imposing additional fees is unjust and unacceptable,” Patil said while firmly rejecting the association’s plea to raise the fees.

He stated that the existing fee structure – Rs 10,000 under the government quota, Rs 1 lakh under the management quota and Rs 1.4 lakh for non-Karnataka students – will continue.

“Any college charging more than the approved fee will face penalties and legal action. We will not hesitate to revoke their affiliation,” he asserted.

Currently, there are 611 nursing colleges in the state with around 35,000 seats. Of these, 80 per cent are filled by the management, and 20 per cent fall under the government quota.

The minister also directed Karnataka Examination Authority (KEA) Director H Prasanna to ensure reimbursement of fees to nursing colleges within 30 days.

He further clarified that only the state government will decide on filling unallocated seats, closing the door to any unauthorised changes.

In a major boost to India’s innovation and skilling ecosystem, Patil today inaugurated the Telecom Centre of Excellence (TCOE), a first-of-its-kind national initiative aimed at advancing research, innovation and capacity building in next-generation technologies.

The TCOE, established under a collaborative framework between Visvesvaraya Technological University (VTU) and the Visvesvaraya Research and Innovation Foundation (VRIF), follows a Hub-and-Spoke model to drive impact at scale. The launch event was held at VTU’s Bengaluru Regional Office in the presence of Union Minister for Communications and development of North Eastern region, Jyotiraditya M Scindia, and VTU Vice-Chancellor Prof. Vidyashankar S.

“This national-level Centre is poised to become a catalyst for advanced R&D, next-generation skilling, and industry-integrated innovation,” Patil said.

The Centre will focus on cutting-edge domains such as 5G/6G communication, Artificial Intelligence (AI), Machine Learning (ML), Augmented and Virtual Reality (AR/VR), quantum computing, healthcare technology, and other frontier areas.

Operating from its central Hub at VTU’s Bengaluru campus, the TCOE will coordinate with 30+ affiliated spoke institutions across Karnataka to promote region-specific research, build advanced infrastructure, and nurture local innovation ecosystems.

(Note: Except for the headline, this story has not been edited by The Daily Jagran staff. Credit: ANI)



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EU unveils AI code of practice to help businesses comply with bloc’s rules

By KELVIN CHAN, Associated Press Business Writer LONDON (AP) — The European Union on Thursday released a code of practice on general purpose artificial intelligence to help thousands of businesses in the 27-nation bloc using the technology comply with the bloc’s landmark AI rule book. The EU code is voluntary and complements the EU’s AI […]

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By KELVIN CHAN, Associated Press Business Writer

LONDON (AP) — The European Union on Thursday released a code of practice on general purpose artificial intelligence to help thousands of businesses in the 27-nation bloc using the technology comply with the bloc’s landmark AI rule book.

The EU code is voluntary and complements the EU’s AI Act, a comprehensive set of regulations that was approved last year and is taking effect in phases.

The code focuses on three areas: transparency requirements for providers of AI models that are looking to integrate them into their products; copyright protections; and safety and security of the most advanced AI systems

The AI Act’s rules on general purpose artificial intelligence are set to take force on Aug. 2. The bloc’s AI Office, under its executive Commission, won’t start enforcing them for at least a year.



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