Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

BUSINESS NEWS

Game On Ubisoft and Immutable’s Bold Pact for Web3 Gaming Revolution

Immutable, a Sydneybased blockchain game company, and Ubisoft, a major international gaming company, have teamed up to investigate and advance Web3 an

Immutable, a Sydneybased blockchain game company, and Ubisoft, a major international gaming company, have teamed up to investigate and advance Web3 and digital ownership in gaming. Ubisofts strategic innovation lab and Immutable, creators of the blockchain game Gods Unchained, will work together to create a popular Web3 gaming experience. Through this agreement, gamers will be able to own ingame assets by utilising Immutables experience integrating decentralised technology into games. With its strategic innovation lab, Ubisoft, well known for games like Assassins Creed and Far Cry, hopes to investigate opportunities originating from technical and sociological changes. Read More..

B2B Tech News | 2 years ago        

AGOA Countdown African Nations Seek a Decade More of U.S. Market Access

African countries are pushing for a 10year renewal of the African Growth and Opportunity Act AGOA as its September 2025 expiration draws near, highlig

African countries are pushing for a 10year renewal of the African Growth and Opportunity Act AGOA as its September 2025 expiration draws near, highlighting the acts contribution to dutyfree access to the U.S. market. Prominent Kenyan business expert Mr Aly Khan Satchu provides an analysis of the possible effects of AGOAs expiry. In the meantime, after four years of hard work, Niamey opens a revolutionary pipeline connecting Niger to the port of Sèmè in Benin. Africa has a digital connection divide, with half of the population not having internet access, which presents both potential and concerns. In this regard, Ghanas emphasis on cybersecurity for economic development is instructive. Read More..

B2B Tech News | 2 years ago        

Legal Milestone U.S. Court Greenlights Celsius Networks Restructuring

A U.S. bankruptcy court has approved Celsius Network, a cryptocurrency lender, for reorganisation. Customers will receive their bitcoin back as part o

A U.S. bankruptcy court has approved Celsius Network, a cryptocurrency lender, for reorganisation. Customers will receive their bitcoin back as part of the deal, while Celsius creditors will establish a new business. With Arrington Capital as a consortium partner, Fahrenheit LLC will oversee the restructured company, which will concentrate on mining bitcoin and collecting staking fees. Celsius froze client accounts and filed for Chapter 11 protection in July 2022. The public listing of the new companys stock on Nasdaq will enable Celsius clients to sell equity shares they were awarded as a part of their bankruptcy settlement. When the reorganisation is anticipated to be finished by early 2024. Read More..

B2B Tech News | 2 years ago        

Rethinking Finance Banks Modify SustainabilityLinked Loans for Market Expansion

Redesigned sustainabilitylinked loans SLLs are being made by banks in response to heightened regulatory scrutiny and to build credibility in a sector

Redesigned sustainabilitylinked loans SLLs are being made by banks in response to heightened regulatory scrutiny and to build credibility in a sector they hope to grow. Introduced in 2017, SLLs provide marginally reduced borrowing rates provided that businesses meet their environmental, social, and governance ESG objectives. In response to regulatory pressure and worries about greenwashing, banks are becoming more careful and making revisions to their SLL structures. Penalties for missing goals, the authority to withdraw the SLL designation in cases of serious controversy, and more expansive definitions of sustainability events are some of the modifications. Certain banks are contemplating including provisions that will result in a default if sustainability pledges are not met. Read More..

B2B Tech News | 2 years ago        

FICOs Outstanding Q4 Performance Sparks Profit Surge

The robust success of Fair Isaac, or FICO, scoring and software divisions was the main driver of the companys greater earnings during the fourth quart

The robust success of Fair Isaac, or FICO, scoring and software divisions was the main driver of the companys greater earnings during the fourth quarter. Financial organisations utilise the FICO Score, which is wellknown, to determine the risk of consumer credit. The companys software section, which offers analytics and data technology to organisations, recorded an 11% sales gain this quarter, while the scoring division saw a 12% revenue increase. With total revenue of $389.7 million, the firm declared a net income of $101.4 million, or $4.01 per share, as opposed to $90.7 million, or $3.55 per share, in the same quarter last year. Read More..

B2B Tech News | 2 years ago        

Viasat Surpasses Expectations with Strong Q2 Revenue

Viasats satellitebased internet services did really well in the second quarter, which helped them make more money than Wall Street expected. The busin

Viasats satellitebased internet services did really well in the second quarter, which helped them make more money than Wall Street expected. The business, which serves residential, commercial, and defence clients in North America with connection and communications services, is seeing rapid expansion in this market. Additionally, Viasat is developing its global mobility value proposition to deliver dependable service in difficulttomanage and crowded locations. Despite a few recent setbacks, such as satellite failures and job losses after Inmarsat was acquired, the business is upbeat about its chances for continued expansion. Viasat anticipates that its total income for 2024, including Inmarsats contributions, will fall between $4.10 billion and $4.25 billion. Read More..

B2B Tech News | 2 years ago        

SingTels Impressive HalfYearly Profit Soars by 83%

The merger of regional partner Telkomsel with IndiHome and increased contributions from its other businesses have helped Singapore Telecommunications

The merger of regional partner Telkomsel with IndiHome and increased contributions from its other businesses have helped Singapore Telecommunications SingTel claim an 83% increase in its halfyearly earnings. To penetrate Indonesias fixed broadband market, Telkomsel, SingTels partner in Indonesia, is combining with the IndiHome broadband division of its parent company. It was anticipated that SingTel would own a 29.6% share in the expanded integrated mobile and fixed broadband firm following the completion of this agreement in the third quarter of 2023. In contrast to S$1.17 billion the year before, SingTels net profit for the six months that ended on September 30 was S$2.14 billion $1.58 billion. Read More..

B2B Tech News | 2 years ago        

Toyotas EV Push Thailand Aims to Boost EcoCar Manufacturing

Thailand is concentrating on auto production, namely in pickup trucks and ecocars, and is working with Toyota Motor Corp. to grow its electric vehicle

Thailand is concentrating on auto production, namely in pickup trucks and ecocars, and is working with Toyota Motor Corp. to grow its electric vehicle EV business. As part of its attempt to increase EV sales in Thailand, where it is facing increasing competition from Chinese rivals, Toyota intends to testdrive the first electric pickup truck in that nation. By 2030, Thailand wants to produce 2.5 million EVs annually or onethird of all cars. Around half of all EV sales in Southeast Asia occurred in the nation in the second quarter, with Chinese brands leading the way. Read More..

B2B Tech News | 2 years ago        



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   13795   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   11205   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   11514   

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.
   11362   

5.  Approximately 8 billion gadgets connect on the internet every day.
   14401   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.