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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        

Singapore introduces new emission standards for fossil fuel power plants

In 2023, Singapores energy regulator will establish new emissions criteria for fossil fuelfired power plants. In the upcoming months, the Energy Marke

In 2023, Singapores energy regulator will establish new emissions criteria for fossil fuelfired power plants. In the upcoming months, the Energy Market Authority will have consultations with the sector. A law that was passed last year allowing the EMA to set greenhouse gas emissions guidelines is being put into effect with new regulations. Read More..

B2B Tech News | 2 years ago        

European business communications provider Dstny acquires easybell

easybell is a seasoned telecommunications service provider with a cuttingedge sales and marketing strategy. They are ideally positioned to head the Ds

easybell is a seasoned telecommunications service provider with a cuttingedge sales and marketing strategy. They are ideally positioned to head the Dstny operations in Germany, with € 28 million in revenues, 75 workers, and completely automated processes. Dstny and easybell share the same panEuropean goal, and by joining forces, we can greatly accelerate our internationalisation process, says Dr. Andreas Bahr, CEO of easybell. Read More..

B2B Tech News | 2 years ago        

Chubb Announces Third Quarter Financial Results

Marktomarket losses on derivatives and private equities, along with sales of fixed income assets, reduced the insurance company Chubbs net income. Rea

Marktomarket losses on derivatives and private equities, along with sales of fixed income assets, reduced the insurance company Chubbs net income. Realized losses of US$502 million after taxes, mostly as a result of derivative and private equity losses, had a negative impact on net income. In comparison to 93.4%, the P&C property and casualty combined ratio was 93.1%. Read More..

B2B Tech News | 2 years ago        

The cryptocurrency industry is disappointed that Australia wants to fix tax rules

The crypto industry is disappointed by Australias decision to continue taxing digital currencies as assets rather than foreign currency. In its budget

The crypto industry is disappointed by Australias decision to continue taxing digital currencies as assets rather than foreign currency. In its budget announcement on Tuesday, the government stated that it would introduce legislation to codify the treatment of digital currencies such as Bitcoin as assets. In Australia, the crypto sector is largely unregulated, and the Treasury announced in August that it would prioritise token mapping work, which will help identify how crypto assets and related services should be regulated. El Salvador has suffered significant economic losses as a result of the massive drop in cryptocurrency prices. Read More..

B2B Tech News | 2 years ago        

Telefonicas Brazilian thirdquarter profit jumped more than 9%

On Friday, Telefonica Brasil reported a higher thirdquarter net profit, up 9.3% from the same period last year. During the JulySeptember period, the c

On Friday, Telefonica Brasil reported a higher thirdquarter net profit, up 9.3% from the same period last year. During the JulySeptember period, the companys net income was 1.436 billion reais $270.15 million. Telefonica continues to acquire new customers from Ois mobile unit, which it agreed to acquire in 2020. Telefonicas thirdquarter profit increased by more than 9%. Reuters The GSMAs 2022 Mobile World Congress will be held in Barcelona. The logo of the Spanish telecom company Telefonica is seen on February 28, 2022, during the GSMAs 2022 Mobile World Congress MWC in Barcelona, Spain. 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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