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Acquisition of Dutch legal search engine Bluetick.

Bluetick has developed an AI that allows legal counsels to quickly extract actionable knowledge from their internal ecosystem of enforceable contracts

Bluetick has developed an AI that allows legal counsels to quickly extract actionable knowledge from their internal ecosystem of enforceable contracts, down to particular subclauses. The AI is basically trained to classify PDF scans and webbased text and then index that data in the platforms search engine. Bluetick was created in 2019 by four Masters graduates of the Jheronimus Academy of Data Science in Den Bosch. The goal is to become a personal assistant to the legal profession. Currently, just 4% of judgements make it into the public realm, but with the open government agenda, at least 75% will eventually be revealed. Read More..

B2B Tech News | 2 years ago        

Ramaphosas emergency plan, which includes new laws, to end load shedding.

South Africas National Energy Crisis Committee, which is overseen by President Cyril Ramaphosas office, anticipates record power outages to improve as

South Africas National Energy Crisis Committee, which is overseen by President Cyril Ramaphosas office, anticipates record power outages to improve as measures put in place, such as a new law to expedite plant development, take effect. South Africas government has come under fire for imposing power outages on 205 days last year and every day in 2023 so far. Ramaphosa cancelled his trip to the World Economic Forum in Davos to hold crisis discussions with Eskom, labour unions, and industry. The first of more than 100 privately owned power plants being created will be connected to the grid by the end of this year, according to Necom. Read More..

B2B Tech News | 2 years ago        

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 | 2 years 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 | 2 years 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 | 2 years 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 | 2 years 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 | 2 years 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 | 2 years 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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