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Surveys of senior economists are increasingly focused on a global recession

Seven out of ten economists believe that a global recession is at least somewhat likely. According to the WEF, real wages are likely to continue decli

Seven out of ten economists believe that a global recession is at least somewhat likely. According to the WEF, real wages are likely to continue declining globally in 2022–2023. According to a survey, food security may be in jeopardy in many places over the next three years. A quarterly report called The Chief Economists Outlook builds on the most recent changes in policy as well as chief economists surveys and consultations. In lowincome countries, nearly 80% of respondents predicted that cost increases would lead to social unrest, compared to 20% in highincome economies. Read More..

B2B Tech News | 3 years ago

US boutique bank Rein expands into Southeast Asia, bets on media and technology

Southeast Asias digital media and technology sector, one of the fastestgrowing Internet markets with young consumers, is attracting US investment bank

Southeast Asias digital media and technology sector, one of the fastestgrowing Internet markets with young consumers, is attracting US investment bank Raine Group to expand in the region, senior officials said. Ravic, a banker at Goldman Sachs for 16 years before founding Raine in the aftermath of the global financial crisis, expects approximately 650 million people to transact across borders. Global media, entertainment and gaming giants are expanding their presence in the emerging economies of Southeast Asia. Deborah Yuping Mei, who heads Reins Asia division and recently moved from Shanghai to Singapore, says Rein will find 57 bankers in Singapore in the next 12 years. Raine specializes in media, sports and technology transactions, overseeing $4 billion in growth and venture capital. Read More..

B2B Tech News | 3 years ago

EOSDA Collaborates with Space Technology for Farmers in Eastern Africa to Fight Climate Change

EOS Data Analytics, a global provider of AIpowered satellite imagery analytics, has signed a partnership with Hawaiibased Space Technologies for Farme

EOS Data Analytics, a global provider of AIpowered satellite imagery analytics, has signed a partnership with Hawaiibased Space Technologies for Farmers LLC STF. STF was founded to fight climate change by providing sustainable forestry and agricultural tools and solutions in indigenous forms. This collaboration gives STF access to a professional subscription to EOSDA Crop Monitoring, an online satellite platform for precision agriculture Read More..

B2B Tech News | 3 years ago

ANU research centre focuses on revolutionary holographic technology

The Australian National University ANU has launched a groundbreaking research center focused on optical technologies. The ARC Center of Excellence for

The Australian National University ANU has launched a groundbreaking research center focused on optical technologies. The ARC Center of Excellence for Transformative MetaOptical Systems TMOS brings together some of the best minds from five Australian universities with 20 partner organisations. The technology could create realistic moving holograms that display directly from your phone screen. It could also make selfdriving vehicles a daily reality and allow doctors to see inside patients at the cellular level. The Australian Research Council ARC launched the new $34.9 million TMOS Center of Excellence for Miniaturized MetaOptics TMOS at a launch event in Melbourne. Judith Zielk, CEO of ARC, said TMOS research will improve the quality of life of ordinary Australians and strengthen Australias research capacity. TMOS researchers come from the Australian National University, University of Technology Sydney, RMIT University. University of Melbourne and University of Western Australia. It ha Read More..

B2B Tech News | 3 years ago

Middle East, Turkey, and Africa are added to Swimlanes service

Swimlane announced its expansion into the Middle East, Turkey and Africa with the appointment of Ashraf Sheet as vice president of the region. Sheet w

Swimlane announced its expansion into the Middle East, Turkey and Africa with the appointment of Ashraf Sheet as vice president of the region. Sheet will build on METAs growing demand for hallway security automation while accelerating the companys gotomarket and channel growth plans. The Middle East cybersecurity market is expected to more than double from $20.3 billion in 2022 to $44.7 billion in 2027. Ashraf Sheet has joined Swimlane as Vice President of Sales and Marketing for the Middle East, Turkey and Africa. Sheet will be responsible for growing Swimlanes sales and technical teams in the region. Swimlane is currently the largest and fastest growing pure safety company all over the world. A growth round of $ 70 million is recently announced led by Activate Capital. Read More..

B2B Tech News | 3 years ago

UpStay partners with TOTVS to provide hoteliers in Latin America with the bestselling automation technology.

The largest technology company in Brazil, TOTVS, and UpStay, a leading provider of cuttingedge ancillary upselling technology solutions for the hotel

The largest technology company in Brazil, TOTVS, and UpStay, a leading provider of cuttingedge ancillary upselling technology solutions for the hotel industry, have announced an integration. The upselling solution from UpStay can automatically start to extract useful data from a hotels PMS. With the help of UpStays sophisticated bidding system, each guest can specify how much they are willing to spend on an upgrade. Because upgrades are awarded to the highest placed bidder, UpStay significantly ensures that guests always understand the enhanced value behind any promoted offering. Additionally, it avoided the possibility of a hotel undervaluing its assets. Read More..

B2B Tech News | 3 years ago

HCL Techs business in America is rosy, but uncertainty among customers in Europe can cause problems

Shares of HCL Technologies traded at Rs 916, down 0.2 percent from the previous close of BSE. The stock fell after two consecutive days of earnings af

Shares of HCL Technologies traded at Rs 916, down 0.2 percent from the previous close of BSE. The stock fell after two consecutive days of earnings after the company announced it was selected as a digital transformation partner for the NY Giants, New York Jets and MetLife Stadium in New Jersey. A lower operating margin indicates a lower profitability of a company. HCL Tech is Indias third largest information technology company after TCS and Infosys. For the AprilJune quarter, HCL reported sales growth of 22.5% from Europe compared to the corresponding period a year ago. Due to the surge in fuel prices, inflation in Europe reached 9.1% in August, forcing many small businesses to go out of business. Read More..

B2B Tech News | 3 years ago

European markets fell sharply as global shares retreated. Stokes 600 drops 1.9%

Early in the afternoon, the panEuropean Stoxx 600 was down 0.6% after partially recovering from earlier losses of nearly 2%. After an extremely turbul

Early in the afternoon, the panEuropean Stoxx 600 was down 0.6% after partially recovering from earlier losses of nearly 2%. After an extremely turbulent night for markets in the AsiaPacific, there was negative trading in Europe. After the S&P 500 hit a new 2022 low, several important indexes in the area fell by more than 2%. The Bank of Englands announcement that it would suspend its sale of U.K. gilts the following week and temporarily buy longdated bonds for two weeks in order to quell the market chaos caused by the new British governments alleged "minibudget" was the days major financial news in Europe. Read More..

B2B Tech News | 3 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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