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CRED, an Indian fintech, will invest in lending partner LiquiLoans

CRED initiate to invest about $10 million in its lending partner LiquiLoans. The investment increases the Mumbaiheadquartered lenders valuation to clo

CRED initiate to invest about $10 million in its lending partner LiquiLoans. The investment increases the Mumbaiheadquartered lenders valuation to close to $200 million. CRED customers can lend money to each other at an interest rate of up to 9% annually. This is the latest in a series of investments CRED has made in the last year.The investment will help the company strengthen its technology capabilities and participate in the ecosystem of trust. The company is backed by Tiger Global, Sequoia India, Alpha Wave Ventures and Dragoneer. Read More..

B2B Tech News | 2 years ago        

Australia has announced grants for six important mineral projects

The Australian Government has approved A$50m $34m of grants for six critical projects to accelerate the development of the critical minerals resources

The Australian Government has approved A$50m $34m of grants for six critical projects to accelerate the development of the critical minerals resources industry. The grants are predicted to support over 500 new jobs. Australia has vast reserves of critical minerals which are crucial to batteries and electric vehicles, as well as the medical equipment production, defence, aerospace and automotive industries. Cobalt Blue Holdings has received a A$15m grant for its Broken Hill Cobalt project. EQ Resources has been given A$6m for the production of tungsten via mine waste recovery. Mineral Commodities has become a recipient of A$3.94m for developing an integrated graphite oretobattery anodes business based in Munglinup, Western Australia. Read More..

B2B Tech News | 2 years ago        

VSBLTY and Perpetual Media collaborate to provide programmatic advertising in the Winkel Media Network in Latin America

VSBLTY Groupe is partnering with Perpetual Media, LLC to provide programmatic advertising to Winkel Media in Latin America. VSBLTY will be using its p

VSBLTY Groupe is partnering with Perpetual Media, LLC to provide programmatic advertising to Winkel Media in Latin America. VSBLTY will be using its proprietary computer vision technology for increased attribution and advertising value.Initially, the LATAM media network will access advertising demand through integrations with Place Exchange and Hivestack. The first launch will leverage Perpetuals expertise in a Supply Side Platform SSP connected to its publisher technology.VSBLTY technology provides enhanced customer engagement and audience measurement using machine learning and computer vision.Winkel Media is targeting to have the technology installed throughout Latin America, with expansion to 50,000 stores in 30+ countries over the next five years. VSBLTY will deliver both PMP sponsorship deals and OpenRTB programmatically from a individual CMS. Read More..

B2B Tech News | 2 years ago        

Google has been hit with a record $4 billion fine in Europe after losing an antitrust appeal involving Android

The General Court of the European Union has decided to uphold the 2018 decision of the EUs Executive Council to sanction Google. The €4.125 billion

The General Court of the European Union has decided to uphold the 2018 decision of the EUs Executive Council to sanction Google. The €4.125 billion fine is part of a wider range of antitrust fines Google faces in Europe, including a €2.42 billion fine for favoring its shopping services in its search engine. Margrethe Vestager, European Commissioner for Competition The Commission is also investigating possible antitrust abuses by Google and Meta in the online advertising industry and Amazons ecommerce business practices. Read More..

B2B Tech News | 2 years ago        

The smart plug market CAGR is 29.7% and North America contributes the highest market growth

The smart plug market is segmented and vendors are adopting organic and inorganic growth strategies to compete in the market. Insteon Technologies LLC

The smart plug market is segmented and vendors are adopting organic and inorganic growth strategies to compete in the market. Insteon Technologies LLC, ITEAD Intelligent Systems Co. Ltd., Ankuoo Electronics Inc., Belkin International Inc., D Link Corp., Edimax Technology Co. Ltd., Halonix Technologies Pvt. Ltd., Hangzhou BroadLink Technology Co. Ltd., Indiegogo Inc., Lenovo Group Ltd., Leviton Manufacturing Co. Inc., Panasonic Corp, Revogi Innovation Co. Ltd., SDI Technologies Inc., Satechi LLC, Syska Led Lights Pvt. TPLink Co., Ltd. BeSync Ltd., Wipro Ltd and Xiaomi Inc are the major players in the market. The smart plug market is expected to grow to $6.39 billion from 2021 to 2026. Furthermore, according to Technavio, the market growth rate will accelerate at a CAGR of 29.7% during the forecast period. Read More..

B2B Tech News | 2 years ago        

Nikon Announces Global Investment in Hybrid Production Technology

Nikon Corporation Nikon announced an investment in Hybrid Manufacturing Technologies Global, Inc. HMT, an awardwinning industry leader in additive man

Nikon Corporation Nikon announced an investment in Hybrid Manufacturing Technologies Global, Inc. HMT, an awardwinning industry leader in additive manufacturing. HMT enables users to take full advantage of the manufacturing process by unifying multiple complementary technologies in one set up. When using their patented AMBIT™ deposition heads only a simple tool change is required to switch from cutting to adding metal.HMT can upgrade existing vertical platforms to enable both additive and subtractive machining capabilities in one system or create bespoke solutions with customized heads to meet the users objectives. Dr. Jason B. Jones, HMT Cofounder and CEO, said, We are honored to receive investment from such a longstanding technology leader as Nikon. Read More..

B2B Tech News | 2 years ago        

Argentinas central bank announces new rules for digital wallets

The Central Bank of Argentina recently issued a set of regulations to increase the level of protection offered to users of popular digital wallets in

The Central Bank of Argentina recently issued a set of regulations to increase the level of protection offered to users of popular digital wallets in Argentina. Customers of Uala and other digital wallet providers should now be treated as financial users with similar protections offered to bank users. In addition, digital wallet companies will need to adjust their terms and conditions to meet the central banks requirements for financial contracts. Digital wallet companies will have 180 days to make the necessary adjustments to comply with the new requirements, and Argentinas Central Bank can impose sanctions if they dont. Read More..

B2B Tech News | 2 years ago        

US BNPL consumer debt to reach $15 billion by 2025

According to a CG42 report on Thursday, outstanding debt owed by US BNPL Pay Now customers is expected to reach $15 billion by 2025. Prices for the bi

According to a CG42 report on Thursday, outstanding debt owed by US BNPL Pay Now customers is expected to reach $15 billion by 2025. Prices for the biggest players in the field have dropped sharply this year after 2021. However, BNPLs customer base in the US is expected to grow by 27% between 2022 and 2025. Of the more than 2,000 people surveyed, about 84% said the BNPL model allows them to buy something they couldnt buy otherwise, and 39% said they pay arrears regularly because of arrears. 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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