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India fines Google $ 113 million for restricting thirdparty payments

The US company required app developers to use its inapp payment system rather than thirdparty providers. Last week, Google was ordered to pay $162 mil

The US company required app developers to use its inapp payment system rather than thirdparty providers. Last week, Google was ordered to pay $162 million INR 13.38 billion for similar practises. This is the second fine Google has received in India in less than a week. The order, according to a law firm representing the complainant, will increase competition and lower costs for app developers. Read More..

B2B Tech News | 2 years ago        

Nigeria and Canada boost business investment

Delegates from Canada have advocated for engagement with Nigeria to expand trade and investment opportunities in both nations diverse sectors. They ma

Delegates from Canada have advocated for engagement with Nigeria to expand trade and investment opportunities in both nations diverse sectors. They made the announcement at the Africa Canada Trade and Investment Ventures CanadaNigeria Trade Mission in Lagos. Both countries should interact and invest in Fintech, housing, technology, oil and gas, startups, and other sectors, according to the delegates. Nigerias population of about 200 million people provides an excellent chance for any foreign investor to invest in the country. Fintech is one of the main areas in which Nigeria might begin to engage in commercial connections, particularly for startups. Damian Maclnnis, President of Colindale Consulting Business Solutions, stated that joint venture investments between Read More..

B2B Tech News | 2 years ago        

The Egyptian currency plunges to historic lows after unveiling the new currency regime

Egypt is attempting to secure a new International Monetary Fund loan. The IMF has long urged Egypt to allow for greater exchange rate flexibility. The

Egypt is attempting to secure a new International Monetary Fund loan. The IMF has long urged Egypt to allow for greater exchange rate flexibility. The central bank stated that it was committed to accelerating economic reforms and had moved to a durably flexible exchange rate regime. Since March, Egypts central bank has allowed the pound to depreciate by 14%. Annual headline inflation reached 15% in September, the highest level in nearly four years. Read More..

B2B Tech News | 2 years ago        

Sanlam Private Wealth chooses Citi for custody services

Citi has been present in South Africa since the 1950s and is supported by a global network that spans more than 100 markets. Citi Securities Services

Citi has been present in South Africa since the 1950s and is supported by a global network that spans more than 100 markets. Citi Securities Services has been chosen by a wealth manager to provide execution, cash, and custody services for nondomestic client securities. The move is part of Sanlam Private Wealths efforts to launch a new investment platform and outsource trading and middleoffice activities. Read More..

B2B Tech News | 2 years ago        

BioPak Unveils Tree Planting Milestone After Decades of Partnership with Rainforest Rescue

BioPaks 10year partnership with Rainforest Rescue has resulted in the planting or rescue of 56,900 trees with the help of the packaging company. The c

BioPaks 10year partnership with Rainforest Rescue has resulted in the planting or rescue of 56,900 trees with the help of the packaging company. The collaboration is also funding the construction of a large new native nursery at Cape Tribulation in Australias tropics, which is expected to produce one million trees over the next decade. BioPak is a major supplier of sustainable disposable packaging for the food service industry in Australia. Read More..

B2B Tech News | 2 years ago        

BRI completes CBDC pilot for crossborder payments

As part of its Project mBridge initiative, the Bank for International Settlements BIS completed a pilot with four central banks. The projects goal is

As part of its Project mBridge initiative, the Bank for International Settlements BIS completed a pilot with four central banks. The projects goal is to enable commercial banks to make crossborder payments using central bank digital currencies CBDCs. It is part of G20led initiatives to test new technology in order to provide faster, safer, and more costeffective settlement and payments transactions. Read More..

B2B Tech News | 2 years ago        

Whistleblower Uber calls on Europe to face the undemocratic power of tech companies

Ubers chief lobbyist in Europe, Mark MacGann, called the business methods borderline immoral. He remembered how virtually unlimited finance execut

Ubers chief lobbyist in Europe, Mark MacGann, called the business methods borderline immoral. He remembered how virtually unlimited finance executives were forced to persuade and intimidate drivers who were involved in legal problems. The EU is discussing regulations requiring enterprises in the gig economy to guarantee that workers receive the minimum wage, sick pay, and vacation days. Read More..

B2B Tech News | 2 years ago        

Bidens antiChina investments may not deter US VCs

Chinas effort to take the lead in AI appears to be a top priority for the Biden administration. Aimen Mir, the former chair of the Committee on Foreig

Chinas effort to take the lead in AI appears to be a top priority for the Biden administration. Aimen Mir, the former chair of the Committee on Foreign Investment in the United States under Obama, told me that potential limitations on American investments in China related to cuttingedge technology that might have military applications might not have a significant impact on venture capital flows between the two nations. 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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