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Sharebite secures $39 million for a platform for corporate clients to order food and receive benefits

Sharebite has reportedly closed a $39 million Series B financing round to expand its footprint and launch products that serve the evolving needs of mo

Sharebite has reportedly closed a $39 million Series B financing round to expand its footprint and launch products that serve the evolving needs of modern workplaces. The platform aims to help businesses centralize and simplify meal ordering and expense management for employees working in offices and remotely. Each transaction supports a food donation to foodinsecure families through Sharebites nonprofit partners, including City Harvest and Feeding America. Sharebite, a New Yorkbased fintech company, has raised $3.5 million in Series B funding to accelerate its market share within the highly profitable corporate segment. During the COVID19 lockdown, Sharebite supported local restaurants by forgoing all fees and tripling its donations to New York Citys largest food rescue organization, City Harvest. Read More..

B2B Tech News | 2 years ago        

Mapan receives $ 15 million from global and Indonesian Series A investors to improve Indonesians ’access to finance

Mapan, a leading startup company from Indonesia, has completed a successful round of Series A of $ 15 million. The round was organized by Indonesian g

Mapan, a leading startup company from Indonesia, has completed a successful round of Series A of $ 15 million. The round was organized by Indonesian giants BRI Ventures, SMDV, Blibli, Prasetia Dwidharma, and global companies Flourish Ventures and 500 Global, as well as Padmar Capital and PT Astra Digital International. Mapan now plans to improve its core services in Arisan by expanding its product range and working with better suppliers. The company will also launch other products to improve capital collection and improve public access to finance. Mapan was created to improve the quality of life of people in Indonesia through solutions that help overcome barriers to funding for poor communities. Read More..

B2B Tech News | 2 years ago        

Vedanta Resources urges Zambia to stop looking for a new KCM investor

In May 2019, the former government of Zambia placed KCM under the control of a liquidator, resulting in a legal dispute with Vedanta Resources. Vedant

In May 2019, the former government of Zambia placed KCM under the control of a liquidator, resulting in a legal dispute with Vedanta Resources. Vedanta was charged by the government with violating the terms of its licence, including the investment commitments it made. Vedanta has consistently denied violating the licenses terms. It has offered to increase its investment in KCM in exchange for regaining control of the company. On June 7, Celine Nair, the provisional liquidator for KCM, announced that the company would hire a consultant to help it find an equity investor willing to finance the mines expansion. Read More..

B2B Tech News | 2 years ago        

Judith Neilson stepped in through the institutes massive $10 million a year vanity project, sources say

Judith Neilsons plans for a massive vanity project was the final straw for the billionaire philanthropist, according to sources close to her family an

Judith Neilsons plans for a massive vanity project was the final straw for the billionaire philanthropist, according to sources close to her family and allies. The Judith Neilson Institutes executive director is negotiating his exit with lawyers after a falling out with Neilson and her allies on the board. The Australian Financial Review, Guardian Australias Pacific Project, and Ngaarda Media, a community radio station, were among the first recipients of the grants. Read More..

B2B Tech News | 2 years ago        

BHP owns 5.5% of new US copper listing

After a brief delay due to a sharp drop in copper prices around the world late last week, Ivanhoe listed on Tuesday. The largest copper explorer to li

After a brief delay due to a sharp drop in copper prices around the world late last week, Ivanhoe listed on Tuesday. The largest copper explorer to list on Wall Street in a while, Ivanhoe Electric, now has 5.5 percent ownership from BHP. The 1990s Canadian nickel project at Voiseys Bay helped Robert Friedland become famous and rich. He played a part in the discovery of the massive Oyu Tolgoi copper mine in Mongolia and the KamoaKakula copper mine in the Democratic Republic of the Congo, which Ivanhoe anticipates will rank third in the world for copper mining operations. David Friedland, a cofounder of Ivanhoe, also serves as executive chair of Ivanhoe Mines, a publiclytraded company. Read More..

B2B Tech News | 2 years ago        

TikTok should be removed from Apple and Googles app stores, according to the US FCC commissioner

A member of the U.S. Federal Communications Commission has asked Apple and Google to remove TikTok from their app stores over Chinarelated data securi

A member of the U.S. Federal Communications Commission has asked Apple and Google to remove TikTok from their app stores over Chinarelated data security concerns. The wildly popular short video app is owned by Chinese company ByteDance, which faced scrutiny under President Donald Trump. Brendan Carrs letter pointed to reports and other developments that made TikTok noncompliant with the two companies app store policies. He cited a report that said engineers in China had access to user data between 2021 and 2022. On June 17, TikTok announced it was routing all of its U.S. user traffic to Oracle Cloud Infrastructure. Read More..

B2B Tech News | 2 years ago        

G7 pledges to work together to support Indias transition to clean energy

Leaders from the G7 have signed a commitment to the Paris Climate Agreement. They have committed to achieving a fully or predominantly decarbonized el

Leaders from the G7 have signed a commitment to the Paris Climate Agreement. They have committed to achieving a fully or predominantly decarbonized electricity sector by 2035. The G7 countries, which consume close to one billion tonnes of thermal coal annually, did not mention a 2030 coal phaseout date. The leaders of the G7 have agreed to open up space for gas investments in the name of energy security in the face of the Russian war in Ukraine. Despite the temporary nature of this move, it could lock in emissions for decades, placing climate commitments under threat. Italys advice for a cap on the price of oil did not succeed,and the leaders also failed to commit to phasing out coal by 2030. Read More..

B2B Tech News | 2 years ago        

The government is giving Twitter a “last chance” to implement removal notices under IT laws

The Indian government has given Twitter a last chance to protect itself against the application of new IT laws or to become a content broker. Accordin

The Indian government has given Twitter a last chance to protect itself against the application of new IT laws or to become a content broker. According to the law, this may infringe the immunity of existing mediators under Article 79 1 of the Information Technology Act. Despite numerous warnings and opportunities to respond, Twitter continues to be in breach. As a result, appropriate action is being taken against it,said a senior official, adding that all intermediates operating in India must adhere to the IT Rules in letter and spirit. 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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