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Amid demands for work from home and widespread layoffs, Meta and Microsoft close their US offices.

Microsoft and Meta are closing their headquarters in Seattle and Bellevue in the midst of increasing reports of mass layoffs and costcutting in the co

Microsoft and Meta are closing their headquarters in Seattle and Bellevue in the midst of increasing reports of mass layoffs and costcutting in the computer sector. The Arbor Block 333, which is on Eighth Avenue North in downtown Seattle, is where Facebooks offices will be sublet, the Seattle Times reported on Friday. Microsoft, situated in Redmond, announced that it would not extend its lease at the 26story City Center Plaza in Bellevue on the same day. The Seattle Times reports that the lease for Microsoft in the area will expire in June 2024. While Microsoft declared that the business is assessing its real estate portfolio, Meta claimed that they are attempting to be financially prudent. Read More..

B2B Tech News | 8 months ago        

Aerones of Latvia raises $30 million to keep the turbines running.

Rigabased Aerones has funded $30 million to take the show on the road to Africa and Australia after witnessing demand soar across Europe, North and So

Rigabased Aerones has funded $30 million to take the show on the road to Africa and Australia after witnessing demand soar across Europe, North and South America. Aerones, a business in Riga that provides robotassisted maintenance and inspection of wind turbines, has raised $30 million in a Series A financing. The firm claims that this additional funding would be used to increase the number of fielddeployed robot service teams, increase its presence in Africa and Australia, sell new services, and expand its technical and sales operations. The $30 million round for Aerones, which was already supported by YCombinator, was coled by Lightrock and Haniel and included new investors Blume Equity, Change Ventures, Mantas Mikuckas, Metaplanet, Pace Ventures, and Future Positive Capital. Read More..

B2B Tech News | 8 months ago        

Due to Black Friday and Boxing Day sales, JB HiFi reports record firsthalf sales.

Record sales and earnings were achieved in the second half of December during the Black Friday and Boxing Day promotional periods. The company witness

Record sales and earnings were achieved in the second half of December during the Black Friday and Boxing Day promotional periods. The company witnessed overall sales increase by 8.6% to reach $5.3 billion, specialising in consumer electronics through its banner brand JB HiFi and home appliances through specialty brand The Good Guys. Sales growth was particularly noticeable in the companys New Zealand operations, which brought in $160.6 million, or 16.1% more revenue. Sales at JB HiFi Australia increased by 9.1% in the first half to reach $3.6 billion, while those at The Good Guys were $1.5 billion, up 7.3% from 1H22. JBs rival Noel Leeming generated $341.3 million in New Zealand, an increase of 16.7%. Read More..

B2B Tech News | 8 months ago        

62 organizations with a purpose were chosen for the FlexiImpact Program by workspace provider Hub Australia.

The FlexiImpact Program at Hub Australia has selected a cohort of 62 purposedriven companies to participate. In five capital cities, the initiative of

The FlexiImpact Program at Hub Australia has selected a cohort of 62 purposedriven companies to participate. In five capital cities, the initiative offers 12month membership access to coworking spaces. RePlated, a company that creates takeout food containers out of recovered oceanbound plastic garbage, is one recipient. Other awardees include the nonaddictive social media platform Unscroll and Asian communityfocused mental health social venture Shapes and Sounds. Read More..

B2B Tech News | 8 months ago        

Trends in 2023 for unified communication and collaboration.

The use of and investment in cloud unified communications platforms and technologies will increase as organisations continue to adapt to shifting cust

The use of and investment in cloud unified communications platforms and technologies will increase as organisations continue to adapt to shifting customer behaviour. Businesses are adopting fully fledged Omni Channel solutions more frequently as a result of their growing awareness that they must connect with clients via the time and digital channel of their choosing. This adoption strengthens two fundamental corporate strategies first, a goal to increase customer intimacy and increase customer lifetime value and second, a strategy to improve operational efficiency, which enables more automation and interaction with underlying systems. Microsoft Teams has established itself as the de facto internal communications platform, with video conferencing serving as the external leg. However, phone installations are far behind. Read More..

B2B Tech News | 8 months ago        

Ox Streets founder is appointed head of luxury by Carousell.

Gijs Verheijke, the former CEO and founder of the Singaporean fashion marketplace Ox Street, has been named the head of Carousells premium segment. Gi

Gijs Verheijke, the former CEO and founder of the Singaporean fashion marketplace Ox Street, has been named the head of Carousells premium segment. Given that billions of dollars in luxury products are exchanged on the platform each year, Verheijke claimed he will help Carousell improve trust surrounding authenticity in his new position, which he revealed on his LinkedIn page. Verheijke stated that he will no longer be in charge of running Ox Street on a daily basis. Carousell purchased Ox Street, an online retailer of upscale sneakers, in October 2021. At the time, the industry leader in classified ads announced it would take use of Ox Streets expertise in highend apparel and accessories. Read More..

B2B Tech News | 8 months ago        

Forkast News and CryptoSlam announce their merger with support from Animoca.

from Hong Kong Forkast Labs, a platform for Web3 asset assessment, was created through the merger of Forkast News and CryptoSlam, a blockchain data an

from Hong Kong Forkast Labs, a platform for Web3 asset assessment, was created through the merger of Forkast News and CryptoSlam, a blockchain data analytics company with US headquarters. Value in the current market is largely correlated with crypto prices, which makes it erratic, sentimentdriven, and unreliable. To quantify these assets and guarantee proper investor appraisal, Forkast Labs will roll out its flagship data indices, APIs, and business intelligence tools. There is a lot of speculation because the entire business has been evaluated against erratic price changes. Because of this, confidence in cryptocurrencies has decreased, but with this combination, we have the capacity to reverse that trend, said Angie Lau, a former Bloomberg anchor and creator of Forkast News. Read More..

B2B Tech News | 8 months ago        

Orfium purchases Londons Soundmouse.

Los Angelesbased Orfium, which is already providing partners with hundreds of millions in extra revenue, expands its offering by purchasing Soundmouse

Los Angelesbased Orfium, which is already providing partners with hundreds of millions in extra revenue, expands its offering by purchasing Soundmouse. Orfium has purchased Soundmouse, a Londonbased company that reports on music cue sheets and provides audio identification services. Orfium claims that the acquisition would address the entertainment industrys most complicated challenges and revolutionise digital music and broadcast rights management even though the deals financial details are yet unknown. I can speak from personal experience when it comes to rights management, the related profits that go along with it, and the concomitant nightmare that the accurate capture and processing of it can be. I previously worked for ASCAP, the American Society of Composers, Authors, and Publishers. Read More..

B2B Tech News | 8 months ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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