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Bulgarian Startup Makes History as Top 20 Finalist at TechCrunch Disrupt

DGLegacy®, a startup founded by Bulgarians, has made history by becoming the first such company to be nominated among the TOP 20 in the esteemed TechCrunch Disrupt competition held in San Francisco. Selected from a pool of 22,000 participants, DGLegacy® stands out for its innovative approach to the digital management of legacy assets.

Yahoo's E-mail Crashed

Yahoo's e-mail crashed yesterday. Thousands of users didn't have access to their emails for hours. It is not clear what the cause of the problem is.

"You may not be able to access some of our services, including email. Our main priority right now is to resolve the issue. We appreciate your patience," a Yahoo customer service team said.

US State Department Approves Possible Sale of F-16 Fighters to Bulgaria

The U.S. State Department has approved the possible sale of eight F-16 aircraft and related equipment to Bulgaria at an estimated cost of $1.67 billion, a Pentagon agency said on Monday, reports Yahoo News. 

The prime contractor will be Lockheed Martin Corp, the Defense Security Cooperation Agency said in a statement.

AtScale Opens an Office in Sofia

AtScale, the world leader in large data management, opened an office in Sofia. This is the first destination in which the California company moves internationally. The company aims to "bring order in the chaotic ocean of data" that businesses are working on. Customers on its platform for business intelligence are giants such as JPMorgan Chase, Toyota, Wells Fargo, GlaxoSmithKline.

Facebook's Security Chief is Leaving, and no One's Going to Replace Him

Facebook Inc. FB, -0.54% Chief Security Officer Alex Stamos has taken a new job at Stanford, leaving the Menlo Park, Calif. tech giant behind, according to several reports. According to a tweet from Stamos, he will depart Facebook Aug. 17 and will begin a teaching and research role at Stanford University (he also included a link to his fall class).

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