Header-template

 Global News

Subscribe our Newsletter

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

BUSINESS NEWS

Microsoft acquires 4% of London Stock Exchange Group as part of a 10year cloud partnership

A 10year, $2.8 billion cloud computing relationship between Microsoft and the London Stock Exchange Group LSEG will see Microsoft purchase a 4% intere

A 10year, $2.8 billion cloud computing relationship between Microsoft and the London Stock Exchange Group LSEG will see Microsoft purchase a 4% interest in the latter. A Blackstone/Thomson Reuters combination sold the LSEG last year for $27 billion. Microsoft will codevelop a new portfolio of products for financial institutions using its strengths in machine learning and data analytics. This might enable them to compete with companies like Bloomberg for finance and investing professionals. Read More..

B2B Tech News | 3 years ago        

Motorcycle sales are growing fastest in 11 years after job cuts due to Covid

According to fresh data from the Kenya National Bureau of Statistics, Kenyans imported 342,197 motorcycles as opposed to 232,937 in 2020. KNBS. The nu

According to fresh data from the Kenya National Bureau of Statistics, Kenyans imported 342,197 motorcycles as opposed to 232,937 in 2020. KNBS. The number of imported motorcycles increased at its fastest rate since 2011. The increase happened a year after over 1.7 million Kenyans lost their jobs as a result of the introduction of containment measures intended to stop the Covid19 outbreak. From 38,870 motorbikes imported into Kenya in 2008 to 198,018 in 2009, there was a 217% increase. The number of new shipments entering the nation increased to 122,160 in 2011, which was a record high since KNBS began tracking these statistics in 2007. The number decreased by just over 50% after the introduction of different levies, such as excise duty and the 16% valueadded tax VAT. Read More..

B2B Tech News | 3 years ago        

Position management software company ROLLER awards early investors following $28 million funding round

ROLLER has completed a $28.2 million fundraising round as it seeks to benefit from the global leisure and entertainment sectors recovery. Early invest

ROLLER has completed a $28.2 million fundraising round as it seeks to benefit from the global leisure and entertainment sectors recovery. Early investors will receive a $18.2 million liquidity payment from the majority of the cash, and the remaining funds will be used to make significant product and personnel investments by the company. The corporation asserts that over the past three years, its revenue has increased at a compound annual growth rate CAGR of 75%. Read More..

B2B Tech News | 3 years ago        

Kenya to pay another 5.4 billion shillings on external debt with strong dollar

In the year ending in June, the shilling fell to Sh117.83 versus the dollar by around 9.25%. Repayments to bilateral and commercial lenders have also

In the year ending in June, the shilling fell to Sh117.83 versus the dollar by around 9.25%. Repayments to bilateral and commercial lenders have also contributed to a decline in Kenyas foreign exchange reserves. Loans used to finance the construction of the standard gauge railway from Mombasa to Nairobi make up a significant portion of the debt that Kenya is currently carrying. Last Friday, the Central Bank of Kenyas stated official shillingtodollar exchange rate was 122.63 units. Kenyas external debt will increase if the shilling continues to fall. For the first time, it is anticipated that Kenyas debt repayments would exceed the cost of maintaining the national government. Read More..

B2B Tech News | 3 years ago        

Dalmia Bharat acquires cement assets from Jaypee Group for Rs 5,666 crore

The flagship company of the Jaypee Group, Jaiprakash Associates Ltd, and its affiliated companies have agreed to sell their cement assets to Dalmia Bh

The flagship company of the Jaypee Group, Jaiprakash Associates Ltd, and its affiliated companies have agreed to sell their cement assets to Dalmia Bharat Ltd for an enterprise value of Rs 5,666 crore. The agreement includes thermal power plants with a combined capacity of 280MW, 6.7 MnT of clinker capacity, and 9.4 MnT of cement capacity annually. The states of Madhya Pradesh, Uttar Pradesh, and Chhattisgarh are where these assets are located. Transaction is subject to due diligence, necessary lender/JV approvals, and regulatory authority approvals. Read More..

B2B Tech News | 3 years ago        

Vietnamese spared by US tech crisis

Because major corporations like Amazon and Meta each made tens of thousands of dollars in contributions, I believe it to be very realistic. Now, small

Because major corporations like Amazon and Meta each made tens of thousands of dollars in contributions, I believe it to be very realistic. Now, smaller businesses can hire those laid off by larger ones. In fact, now is a fantastic time to hire staff for small businesses. Engineers in Vietnam are equivalent to those in other nations. Engineers who are laid off in industries other than technology will have a considerably harder time finding employment. Tech professionals continue to enjoy a significant advantage over those in other professions. I anticipate no problems. Layoffs will occur, but gradually everything will return. Read More..

B2B Tech News | 3 years ago        

Subpod, Byron Bays compost scaler eyes crowdfunding for expansion

Subpod, a business in Byron Bay, has received $787,000 through Birchal, a crowdfunding website. The companys third fundraising effort, which began in

Subpod, a business in Byron Bay, has received $787,000 through Birchal, a crowdfunding website. The companys third fundraising effort, which began in 2018 with an angel investment of $420,000, just finished. In order to prepare for a nationwide US distribution effort in 2024, Subpod may need to raise up to $4 million in additional cash the following year. Because it offers a small, odorfree design with 90% of the Subpod positioned below the soil of any garden, the cuttingedge composting device is becoming popular with city dwellers. The Subpod is a groundbreaking composting system, worm farm, and garden seat all in one. Read More..

B2B Tech News | 3 years ago        

Getir acquires Gorillas and Einride trucks for 500 million dollars and more than 2.4 billion euros have been invested in European technology this week

We monitored more than 90 tech fundraising transactions worth more than €2.4 billion this week, as well as more than 15 exits, M&A deals, rumours, a

We monitored more than 90 tech fundraising transactions worth more than €2.4 billion this week, as well as more than 15 exits, M&A deals, rumours, and associated news pieces across Europe. We monitored more than 90 tech fundraising transactions worth more than €2.4 billion this week, as well as more than 15 exits, M&A deals, rumours, and associated news pieces across Europe. You belong to the select group with special access to our findings as a paid subscriber. Youd struggle to keep up with it all, even though we frequently post this information in realtime on Twitter and Instagram the much more fun choice. Trust us we are knowledgeable. We take up the task each and every week so you dont have to. Read More..

B2B Tech News | 3 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.
   15174   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12577   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   12940   

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.
   12700   

5.  Approximately 8 billion gadgets connect on the internet every day.
   15795   



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.