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Iger announces first big moves in new tenure as Disney CEO

Bob Iger informed employees on Monday that the corporation will be restructuring. Kareem Daniel, the head of media and entertainment, would be one of

Bob Iger informed employees on Monday that the corporation will be restructuring. Kareem Daniel, the head of media and entertainment, would be one of the first steps. Daniel was CEO Bob Chapeks right hand man. The new structure will return greater decisionmaking power to our creative teams. Daniel Chapek has been appointed as Disneys new president of media and entertainment. Daniel was in charge of all of Disneys streaming services, as well as domestic TV networks and studios. He had spent more than a decade at Disney, including time on the team that acquired Marvel and Star Wars. Read More..

B2B Tech News | 2 years ago        

Goldman Sachs Says US and Europe Could End Reliance on Chinese EV Batteries by 2030FT

TechnologyOne, situated in Brisbane, has declared its 13th consecutive year of record profits. The corporation increased its earnings after tax by 22%

TechnologyOne, situated in Brisbane, has declared its 13th consecutive year of record profits. The corporation increased its earnings after tax by 22% to $88.8 million. Revenue reached a new high of $369.4 million, an increase of 18% over the previous year. TechnologyOne reported an ARR of $17.5 million and a profit of $2.4 million, representing a 50% increase over the previous year. The company closed 20 deals totaling $63.9 million with organisations in the local government sector. In the higher education sector, TechnologyOne also secured ten deals totaling $47 million. Read More..

B2B Tech News | 2 years ago        

IMF approves $88.3 million for Malawi under food shock loan period.

The executive board of the International Monetary Fund has approved a $88.3 million payout to Malawi under the new food shock window emergency finan

The executive board of the International Monetary Fund has approved a $88.3 million payout to Malawi under the new food shock window emergency financing instrument. In reaction to food price increases and shortages caused by Russias war in Ukraine, an emergency financing facility was established. The previously approved staffmonitored Malawi policy programme linked to the food shock loan is sufficiently robust to satisfy objectives. Read More..

B2B Tech News | 2 years ago        

Zulu Banks $5 million for its Latam digital portfolio in the middle of the shaky soil for Crypto

Zulu, a digital wallet for Latin American consumers, is the most recent business to raise capital. According to Chainalysis, the growth rate of crypto

Zulu, a digital wallet for Latin American consumers, is the most recent business to raise capital. According to Chainalysis, the growth rate of cryptocurrency use in Latin America is 40%. The region accounts for 9.1% of global crypto value received in 2022. Zulu is a digital payment service that allows remote workers, contractors, and freelancers to make international payments. According to the corporation, it has roughly 500,000 users in Colombia, Venezuela, Peru, and Mexico. Zulu joins other firms that have recently received money, such as Pings $15 million seed round. Read More..

B2B Tech News | 2 years ago        

Venture capital firm WaterBridge closes first $30 million fund

WaterBridge Ventures has completed the final close of its first fund, which totaled $30 million about Rs 200 crore. The news comes at a time when seed

WaterBridge Ventures has completed the final close of its first fund, which totaled $30 million about Rs 200 crore. The news comes at a time when seed and SeriesA investments in India remain subdued, owing to a combination of reduced investor appetite and a lack of deal flow. The first fund launched by WaterBridge Ventures is a sevenyear, SEBIregistered CategoryII Alternate Investment Fund. To date, the investment firm has backed Unacademy, DataWeave, MagicPin, an offline commercefocused discovery and content engagement startup, and ZipLoan, a lending platform. Read More..

B2B Tech News | 2 years ago        

SimCorp Partners with AccessFintech to Increase BuySide Efficiency

To boost productivity throughout the buyside, SimCorp, a provider of softwareasaservice investment management solutions, has teamed up with AccessFint

To boost productivity throughout the buyside, SimCorp, a provider of softwareasaservice investment management solutions, has teamed up with AccessFintech. Through data aggregation and normalisation, this new venture—which will link SimCorps Asset Service Hub with AccessFintechs Synergy Network—aims to improve access and visualisation for SimCorps clients. While AccessFintechs Synergy Network, which collects and makes accessible datasets from throughout the financial industry, aims to enhance data quality and workflow effectiveness. While AccessFintechs Synergy Network, which collects and makes accessible datasets from throughout the financial industry, aims to enhance data quality and workflow effectiveness. While AccessFintechs Synergy Network, which collects and makes accessible datasets from throughout the financial industry, aims to enhance data quality and workflow effectiveness. Read More..

B2B Tech News | 2 years ago        

Australian law firm launches its own Dieselgate class action lawsuit on behalf of MercedesBenz owners

MercedesBenz is the target of a class action lawsuit filed by a compensation legal firm. The class action lawsuit might affect tens of thousands of

MercedesBenz is the target of a class action lawsuit filed by a compensation legal firm. The class action lawsuit might affect tens of thousands of Mercedes automobiles sold in Australia. It claims that between 2008 and 2018, Mercedes placed cheat devices to modify diesel gas emissions readings. Maurice Blackburn and Bannister Law have filed a class action lawsuit against MercedesBenz. According to the firm, the car manufacturers diesel engines emitted harmful levels of nitrogen oxide. In September, similar claims were made against Hino Motor Sales Australia and Hino Motors Limited. Read More..

B2B Tech News | 2 years ago        

Hong Kongbased brand technology group Gusto Collective expands into Japan

Gusto Collective, a Hong Kongbased brandtech firm, announced Tuesday the launch of its Japanese operations. Expansion is being fueled by the regions i

Gusto Collective, a Hong Kongbased brandtech firm, announced Tuesday the launch of its Japanese operations. Expansion is being fueled by the regions increasing desire for nextgeneration customer experiences and new technologies. Gusto Collectives strategic expansion in Japan is critical to establishing its APAC presence. Gusto Collective is Asias first Brandtech company, providing worldclass storytelling and immersive experiences. The f9 firm recently completed a $23 million Seed plus fundraising round led by Animoca Brands and Gaw Capital. Gusto Collective specialises in four areas of service luxury brand management, VR/AR experience platforms, Web 3 turnkey solutions, and metahuman marketing platforms. Read More..

B2B Tech News | 2 years 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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