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BUSINESS NEWS

Thoma Bravo continues to invest

Equinix intends to join the South African market by investing $160 million in a data centre there. ISP service provider Opentel was purchased by Redwi

Equinix intends to join the South African market by investing $160 million in a data centre there. ISP service provider Opentel was purchased by Redwill ICT. A $4.2 billion lawsuit brought by Turkcell against MTN was dismissed by the High Court of South Africa. The undersea cable known as 2Africa, which will link Asia, Europe, and Africa, has arrived in South Africa. A Kenyan company called Cellulant is opening a company in South Africa to offer financial services. Read More..

B2B Tech News | 9 months ago        

Aditya Birla Fashion & Retail attracts Rs 500 C per NCD

The largest producer and reseller of name-brand clothing in India is Aditya Birla Fashion and Retail Ltd. Major international fashion brands are carri

The largest producer and reseller of name-brand clothing in India is Aditya Birla Fashion and Retail Ltd. Major international fashion brands are carried by the store for adults, women, and children. By issuing 5,000 listed, unsecured, rated, redeemable non-convertible debentures, the company plans to raise capital. The industry would be racing to return to normalcy in the upcoming fiscal year, according to Aditya Birla Fashion and Retail Ltd. (ABFRL) in its annual report. Given its favourable demographics, rising per capita & disposable income, and expanding consumption, India continues to be on a good economic path. Read More..

B2B Tech News | 9 months ago        

AMP Collimate sale to Dexus hampered by Chinese regulatory delays, $25m down

Plans for the separation of AMP Capital from AMP ASX AMP have run into some difficulties. There will be more delays and a smaller profit even if Colli

Plans for the separation of AMP Capital from AMP ASX AMP have run into some difficulties. There will be more delays and a smaller profit even if Collimates real estate and domestic infrastructure equity division is sold to Dexus Funds Management. Prior to the deadline, AMP has drawn attention to the ongoing uncertainty. The group and Dexus agreed to sell the subsidiary in April 2022. The initial agreement contained a cash payment of $250 million as well as an earnout of up to $450 million contingent upon AUM retention and other terms. Read More..

B2B Tech News | 9 months ago        

Cyber ​​defense must be a top priority for South African businesses

The country lead for Trellix South Africa, Carlo Bolzonello, talks about the new era of cyberthreats and the changing response necessary to keep up wi

The country lead for Trellix South Africa, Carlo Bolzonello, talks about the new era of cyberthreats and the changing response necessary to keep up with it. Business data is produced by organisations increasingly AIenabled operations, social platforms, and ecommerce services. an increase in cyberattacks by international hacker groups against South African people and organisations. We cant continue to operate in a business environment where cyber defence is considered an extra. Business managers must implement a thorough strategy that makes use of extended detection and response XDR techniques. Read More..

B2B Tech News | 9 months ago        

Get affiliates with Vietnam ZaloPay

Grab has expanded its cashless options in Vietnam by integrating ZaloPay, the financial services division of internet company VNG. The digital wallet

Grab has expanded its cashless options in Vietnam by integrating ZaloPay, the financial services division of internet company VNG. The digital wallet will work with all of Grab Vietnams services, including delivery of food, groceries, and packages in addition to transportation. The super app also facilitates payments through connected cards and other cashless alternatives through its ewallet Moca. Since ZaloPay and Moca were previously viewed as rivals in the ewallet war, their alliance is noteworthy. ZaloPay is a standalone mobile payment app that collaborates with 39 local banks, Visa, and Mastercard. Read More..

B2B Tech News | 9 months ago        

Goldman Sachs will cut around 3,200 jobs this week after reviewing costs

According to a plan to remove around 3,200 positions this week, Goldman Sachs Group Inc. GS.N will begin one of its largest waves of layoffs ever, acc

According to a plan to remove around 3,200 positions this week, Goldman Sachs Group Inc. GS.N will begin one of its largest waves of layoffs ever, according to a report from Bloomberg News on Sunday. The procedure will likely start at the major provider of financial services in the middle of the week, and no more than 3,200 individuals will be impacted, according to the article, which cited a source. Read More..

B2B Tech News | 9 months ago        

Qvantum invests €41.2 million, Trouva changes hands again, European tech investment tops €269 million last week

Acusensus, a Melbournebased manufacturer of mobile phone cameras, is preparing to list on the ASX this week with a $100 million valuation. The NSW, Qu

Acusensus, a Melbournebased manufacturer of mobile phone cameras, is preparing to list on the ASX this week with a $100 million valuation. The NSW, Queensland, and ACT governments have signed significant contracts with the business for its mobile phone and seatbelt safety technologies. Acusensus projects $36.9 million in sales for FY23. Cofounder of Acusensus Jannink Mirchandani thinks the rise of smartphones is to blame for a surge in traffic deaths. Jannink attributes the reversal of years of decline in road fatalities to the adoption of smartphones a decade ago. Read More..

B2B Tech News | 9 months ago        

University communication platform Clay has been acquired by Wyblo

Wyblo purchased Clays communication system in order to integrate it into its own ed tech portfolio. The two companies believe Wyblo and Clay will comp

Wyblo purchased Clays communication system in order to integrate it into its own ed tech portfolio. The two companies believe Wyblo and Clay will complement one other to allow the deliver of social learning at scale . The acquisition will further increase its stake in the learning and development market, according to the company. Wyblos communityled technologies greatly simplify direct access to syllabus learnings. University of Siegen in Germany and ESCP Business School, a panEuropean college with six campuses, are among the clients. Read More..

B2B Tech News | 9 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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