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SoftBanks Innovative BondStyle Shares Hit the Market

Japans SoftBank Corp raised 120 billion yen $799 million by listing its bondlike shares on the Tokyo Stock Exchange. SoftBank may redeem these shares

Japans SoftBank Corp raised 120 billion yen $799 million by listing its bondlike shares on the Tokyo Stock Exchange. SoftBank may redeem these shares following five years, and they have a fixed dividend of 2.5 per cent. The shares feature traits of both bonds and equity, despite being categorised as equity. Demand was high among institutional and individual investors, who made up the majority of the offerings target market. The shares are a desirable investment alternative, especially if interest rates rise because they are readily listed and may be acquired through the taxefficient Nippon Individual Savings Account NISA. Read More..

B2B Tech News | 1 months ago        

Toyota Recalls 1.85 Million RAV4s Over Fire Risks

Because installing replacement batteries poses a fire risk, Toyota is recalling 1.85 million RAV4 sport utility cars in the US. Cars with model years

Because installing replacement batteries poses a fire risk, Toyota is recalling 1.85 million RAV4 sport utility cars in the US. Cars with model years 2013–2018 are included in the recall. According to Toyota, if a holddown clamp is not tightened correctly, a replacement 12volt battery with a smaller top dimension may slide when the car is driven erratically, increasing the danger of a short circuit and fires. By the end of December, dealers will replace the positive terminal cover, battery tray, and holddown clamp with better parts. Customers will be informed of the recall timetable. Read More..

B2B Tech News | 1 months ago        

Samsung Races to Develop AI Training Tools to Compete with SK Hynix

Samsung Electronics exceeded profit expectations in the third quarter and anticipates a semiconductor market recovery in the next year. Net income dro

Samsung Electronics exceeded profit expectations in the third quarter and anticipates a semiconductor market recovery in the next year. Net income dropped 40% to 5.5 trillion won $4.1 billion in the September quarter, outperforming analyst estimates of 2.52 trillion won. This marks an improvement from the 86% decline in the previous quarter. The memory chip market, valued at $160 billion, faced challenges due to reduced demand for smartphones and PCs, impacting Samsung and competitor SK Hynix. Lower chip prices and reduced investments in new capacity by chipmakers contributed to this. Samsung expects memory chip prices to rise in the fourth quarter and predicts growing demand driven by artificial intelligence applications. Read More..

B2B Tech News | 1 months ago        

UK Retailers Risk Survival as Annual IT Investment Gap Hits £22 Billion

The retail industry is facing a significant annual technology investment gap that could exceed £22 billion, posing a threat to both shortterm retail

The retail industry is facing a significant annual technology investment gap that could exceed £22 billion, posing a threat to both shortterm retail performance and longterm survival, according to the KPMG/RetailNext Think Tank RTT. The think tank recommends that multichannel retailers allocate 48% of their annual revenue to technology, but most currently only invest 1.53%. With retail revenues projected at £441 billion in 2022, this could result in an investment gap of over £22 billion. The RTT warns that underinvestment in technology is happening at a time when the retail sectors viability is being questioned. Retailers failing to adapt may face business closure. Read More..

B2B Tech News | 1 months ago        

AIpowered Sprout.ai Aims to Transform Global Insurance Claims Handling

Sprout.ai, a startup using generative artificial intelligence for insurance claims, has raised £5.4 million in its latest funding round. The companys

Sprout.ai, a startup using generative artificial intelligence for insurance claims, has raised £5.4 million in its latest funding round. The companys AI technology automates the claims process, reducing handling costs by 50%. The funding will be used to expand globally, particularly in North America, and develop its AI technology for claims assessment. The funding round was led by Amadeus Capital Partners and Praetura Ventures, with participation from Octopus Ventures, Playfair, Techstars, and others. Sprout.ais goal is to bring automation and efficiency to the global insurance claimhandling market. Read More..

B2B Tech News | 1 months ago        

BYD Outperforms Tesla in Stock Market Is a Shift in the EV Landscape Underway?

BYD Co. is rapidly closing the gap with Tesla Inc. to become the leading seller of pure electric vehicles globally. Strong profits underscore BYDs sal

BYD Co. is rapidly closing the gap with Tesla Inc. to become the leading seller of pure electric vehicles globally. Strong profits underscore BYDs sales prowess despite heightened competition in China. While Teslas stock has seen a 17% decline this month, BYDs Hong Konglisted shares have increased by about 1%. Although Teslas stock has grown more than twice as much as BYDs this year, there are signs of further progress for BYD. Investors are expressing interest in optimistic options for BYD, and analysts have raised their earnings predictions to a record high for the Chinese company after its preliminary quarterly report. Read More..

B2B Tech News | 1 months ago        

Middle East War Threatens to Send Crude Oil Prices into Uncharted Waters

The World Bank has issued a warning that if the IsraelHamas conflict escalates to a fullscale Middle East war like the one 50 years ago, oil prices co

The World Bank has issued a warning that if the IsraelHamas conflict escalates to a fullscale Middle East war like the one 50 years ago, oil prices could reach a record high of over $150 per barrel. This could be caused by supply shortages similar to the 1973 Arab oil boycott, raising the price of a barrel of oil from around $90 to a range of $140 to $157. Such an escalation could result in a dual energy shock, affecting the global economy not only due to the war in Ukraine but also from the Middle East conflict. The consequences could extend to higher food prices, potentially leading to widespread hunger. Read More..

B2B Tech News | 1 months ago        

The Dollar Business Brings Innovative Trade Solutions to UAE Companies

The Dollar Business TDB, a prominent global trade intelligence company, is excited to announce its expansion into the United Arab Emirates UAE. This m

The Dollar Business TDB, a prominent global trade intelligence company, is excited to announce its expansion into the United Arab Emirates UAE. This move represents a significant milestone for the company as it offers UAEbased businesses an accessible webbased tool to find foreign sellers, meet their purchasing needs through international shipments, and identify export opportunities. The tool also allows businesses to analyze their industry peers and competitors in the UAE, promoting transparency and efficiency through technology. Recognizing the UAEs growing economy and its strategic position as a global trading hub, The Dollar Business aims to provide an easytouse tool to empower businesses in their international trade endeavors. Read More..

B2B Tech News | 1 months ago        



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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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