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Everest reappoints a new A&H leader

Shawn Austin has been appointed senior vice president and director of accident and health for North America by Everest Re Group. Lou Monteagudo, who i

Shawn Austin has been appointed senior vice president and director of accident and health for North America by Everest Re Group. Lou Monteagudo, who is retiring in December, will be replaced by Austin. Austin oversaw AIGs North American A&H division prior to joining Everest. Additionally, he has held executive positions with Liberty Mutual. Read More..

B2B Tech News | 2 years ago        

Alpha JWC backs $2 million seed round from Indonesian agritech company

Agritech company Beleaf, with headquarters in Indonesia, has secured US$2 million in a seed fundraising round headed by Alpha JWC Ventures. Sembrani N

Agritech company Beleaf, with headquarters in Indonesia, has secured US$2 million in a seed fundraising round headed by Alpha JWC Ventures. Sembrani Nusantara Fund, which is run by BRI Ventures, and Arise, a joint fund from MDI Ventures and Finch Capital, also participated in the round. Amrit Lakhiani established Beleaf in 2019 as a company that sold produce grown in hydroponic farming systems. Read More..

B2B Tech News | 2 years ago        

Apple suspends plans to use Chinese YMTC chips under political pressure

Yangtze Memory Technologies Co. YMTC of Chinas memory chips would no longer be used in Apple products, according to the company. The move coincides wi

Yangtze Memory Technologies Co. YMTC of Chinas memory chips would no longer be used in Apple products, according to the company. The move coincides with the most recent round of export restrictions the US has imposed on Chinas electronics sector. The crackdown in Washington is causing the supply chain to become more sluggish. The Unverified List includes the 128layer memory chips from YMTC. Corporations on this list may not receive any designs, technologies, documents, or specifications from U.S. companies without a licence. Its possible that YMTC can no longer supply enough chips for Apple. Read More..

B2B Tech News | 2 years ago        

Fujitsu Establishes Partnership with Abacus Lottery Everywhere

The Abacus Lottery Service based on the Abacus Fusion Platform connects retailers, lottery, and gaming vendors, ensuring lottery can be played as seam

The Abacus Lottery Service based on the Abacus Fusion Platform connects retailers, lottery, and gaming vendors, ensuring lottery can be played as seamlessly as possible across all channels of a retailers point of sale solution. As part of Fujitsus S3 SelfService initiative USCAN is a modern and flexible software platform that operates on both Fujitsu and thirdparty SelfCheckout environments. It is a simplified suite of retail hardware and software technology. The collaboration with Fujitsu and their USCAN software allows us to offer vendors the Abacus handled lottery services in a simple and effective manner, saving retailers significant effort and time while allowing them to realise increased sales and a broader, more integrated way of selling lottery to their customers, said Simon Butler, CEO of Abacus. Read More..

B2B Tech News | 2 years ago        

Solv Kenya SME loans reached Sh106 million on strong credit demand

A few months after launching, Standard Chartered Plcbacked digital marketplace for small business owners Solv Kenya has disbursed more than an eighth

A few months after launching, Standard Chartered Plcbacked digital marketplace for small business owners Solv Kenya has disbursed more than an eighth of its initial credit line, indicating demand for supply chain financing. The platform has distributed Sh106 million in loans, or around 13.6% of the initial Sh780 million in funding received from financial institutions for more lending, according to Solv Kenya CEO Sheila Kimani. Out of the 3,300 dealers chosen by suppliers, the money has been wired to around 1,000 micro, small, and mediumsized firms MSMEs registered on the site. Read More..

B2B Tech News | 2 years ago        

Targeting enterpriseclass solutions for law enforcement and public safety, Getac Video Solutions and Getac North America have merged to become one company.

Furthermore, a distinct knowledge of user experience for designing creative bespoke mobile solutions is now available to a greater spectrum of law enf

Furthermore, a distinct knowledge of user experience for designing creative bespoke mobile solutions is now available to a greater spectrum of law enforcement and public safety organisations, including those serving small and mediumsized jurisdictions. One Getac team is dedicated to law enforcement and public safety. Integration of cloudbased data management for realtime information exchange. Getac will showcase its product range at the 2022 IACP venue in Dallas booth #3000, featuring its awardwinning rugged laptops, tablets, invehicle video, and bodyworn cameras. Getac Technology Corporation is a worldwide pioneer in rugged mobile technology and intelligent video solutions, such as laptops, tablets, software, bodyworn cameras, incar video, interview rooms, and evidence management software. Read More..

B2B Tech News | 2 years ago        

Insurtech Unicorn Bolttech closes the Series B round with a valuation of $ 1.5 billion

A series B investment round for Singaporebased insurtech business Bolttech is now being closed. Tokio Marine, a Japanese insurer, will serve as the ro

A series B investment round for Singaporebased insurtech business Bolttech is now being closed. Tokio Marine, a Japanese insurer, will serve as the rounds lead investor. As part of the agreement, Tokyo Marine will invest US$50 million, raising the insurtech companys valuation to US$1.5 billion. Tokio Marine will benefit the companys distribution and balancesheet capability, according to Bolttech. In a series A funding round led by Activant last year, Bolttech raised US$247 million at a valuation of over US$1 billion. The insurtech company currently handles annualised premiums totaling $50 billion USD. Read More..

B2B Tech News | 2 years ago        

Sterling rises and borrowing costs fall as Chancellor heads for calmer markets

On Monday, the pound gained and government borrowing rates fell as investors welcomed news that Chancellor Jeremy Hunt is speeding up tax and expendit

On Monday, the pound gained and government borrowing rates fell as investors welcomed news that Chancellor Jeremy Hunt is speeding up tax and expenditure cuts. It is the latest in a slew of policy changes revealed in the minibudget. The £18 billion Uturn on company tax announced on Friday, as well as the sacking of Mr Kwarteng, did not appear to assuage investors, with UK government borrowing prices rising on Friday afternoon. They had reached 5.17% on September 28th, following the minibudget, in which Mr Kwarteng announced one of the largest tax cutting packages seen in decades but did not explain how they would be paid. 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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