Breaking news

Cyprus Ministry Unveils €14 Million Digital Upgrade Scheme for Businesses

Boosting Digital Transformation in Cyprus

The Cyprus Ministry of Energy, Commerce and Industry has announced a major push to foster digital enhancement among local businesses. As part of the national initiative, Thaleia 2021–2027, a fresh round of the business digital upgrade scheme is now open for proposals.

A Hefty Investment in Technology

With a robust budget of €30 million dedicated to the scheme through this period, €14 million has been earmarked for the latest call for proposals. This initiative reflects the government’s commitment to integrating digital technologies in enterprise operations, primarily targeting businesses operating under the Republic of Cyprus’s supervision.

Important Dates and Application Details

The submission window opens on May 20, 2025, at 09:00, remaining open until funds are depleted. Prospective applicants can find the application guide, necessary documents, and submission form here. For further inquiries, contact the ministry at 22867282, 22867284, or 22867149.

Get Inspired

Curious how digital evolution aligns with Cyprus’s broader technological and entrepreneurial strategies? Dive into our coverage on how AI is paving the way for innovation.

X Expands API Pay-Per-Use Beta To Redefine Developer Engagement

Introducing A New Era For API Monetization

Two years after overhauling its developer programs and pricing strategies, X is significantly expanding the closed beta phase for its new pay-per-use API model. This strategic initiative invites both emerging and seasoned developers to build innovative applications on the platform, with the added incentive of a $500 voucher for approved participants.

Precision Pricing For A Diverse Developer Ecosystem

The revamped API page now details granular costs associated with various types of requests, ranging from reading and creating posts to managing direct messages, trends, and bookmarks. An integrated pricing calculator further enables developers to estimate expenses based on anticipated usage, contrasting sharply with the flat-rate model of the past. A comparative section underscores the changes from the previous tier-based system, although X has yet to announce a complete discontinuation of the legacy plan.

Historical Context And Strategic Shifts

The current expansion follows significant policy shifts initiated in early 2023, when X began restricting third-party clients and ended free access to its API—a move that led to the shutdown of numerous applications. Subsequently, the introduction of various subscription tiers, including a basic plan and an enterprise option, along with a $5,000 Pro plan, aimed to better accommodate diverse developer needs. Despite these measures, many found the pricing models either too limiting or financially prohibitive, prompting X to launch top-up packs to relieve API tier constraints.

A Calculated Move To Recapture Developer Interest

With the new usage-based structure devoid of monthly tier caps, X appears poised to regain favor among developers seeking flexible integration with the platform, or those with ambitions to create apps that leverage its extensive API ecosystem. This latest beta expansion could serve as a critical lever in revitalizing the developer community and stimulating innovative third-party solutions on X.

The Future Forbes Realty Global Properties

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter