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Despite disappointing financial results, Pinterest increases its user base and Elliott investment

Pinterest shares jumped on betterthanexpected user numbers, but the company gave weak guidance for the third quarter. In line with trends in the socia

Pinterest shares jumped on betterthanexpected user numbers, but the company gave weak guidance for the third quarter. In line with trends in the social media market, the companys financial situation was grim. Facebook, Twitter, and Snap all reported secondquarter earnings that missed on the top and bottom lines.Pinterest missed analysts sales estimates for the second quarter, and said economic challenges are leading marketers to reel in spending. The company said demand from U.S. stores and midmarket advertisers who have cut back on ad spending was lower than expected. Elliott confirmed it is the companys largest shareholder and said it was pleased with CEO Bill Readys achievements. Read More..

B2B Tech News | 3 years ago        

After a gas supply disruption, Germany restarts its coalfired power plants

The facility in Lower Saxony has received emergency permission to run until April. It is the first of its kind to be put back onto the network, as deb

The facility in Lower Saxony has received emergency permission to run until April. It is the first of its kind to be put back onto the network, as debate rages over how Europes largest economy will cope without Russian gas. Germany is heavily reliant on Russian gas, and supplies through its largest pipeline are currently at about 20% of expected levels. German Chancellor Angela Merkels energy minister, Barbara Lang, has dismissed as nothing more than nothing more than starting up the nuclear power industry on her watch. Restrictions have been put on the heating of public buildings including swimming pools as well as town halls. The three nuclear plants that remain running supply the equivalent of about 6% of Germanys electricity needs. Read More..

B2B Tech News | 3 years ago        

ITC, Zomato and other stocks are in the news today

The market appears to be in a strong position as the benchmark indices extended their strong gains for the third consecutive session.. The BSE Sensex

The market appears to be in a strong position as the benchmark indices extended their strong gains for the third consecutive session.. The BSE Sensex rallied 712 points or 1.25% to 57,570, while the Nifty50 climbed 229 points. Bank of Baroda reported 79.4% yearonyear growth in standalone profit at Rs 2,168 crore for the quarter ended June 2022. Net interest income grew by 26% to Rs 2,751.1 crore YoY during the quarter.Lumify is an overthecounter eye drop used to relieve redness caused by minor eye irritation.. Rain Industries recorded a 184% yearonyear increase in consolidated profit at Rs 668.50 crore for the quarter ended June 2022. Read More..

B2B Tech News | 3 years ago        

Tower Crane Market Growing Demand for Tall Buildings for Market Growth and Segmentation

Tower Crane Market by End User Infrastructure, Residential and Commercial and Geography Asia Pacific, North America, Europe, Middle East, Africa and S

Tower Crane Market by End User Infrastructure, Residential and Commercial and Geography Asia Pacific, North America, Europe, Middle East, Africa and South America 20222026 Forecast and Analysis Report is included in Technavios offering. The potential growth of the tower crane market between 2021 and 2026 is USD 1.06 billion. APAC will account for 45% of market growth. The two largest markets for tower cranes in Asia Pacific are China and Japan. Governments and companies will increase spending on infrastructure projects during the forecast period. To learn more about the contributions of all sectors and regional opportunities, download a sample report. Read More..

B2B Tech News | 3 years ago        

The growth of the smart hospital market will increase significantly from 2022 to 2030

The smart hospital market is expected to grow at a steady rate over the forecast period. The presence of key players in the ecosystem has resulted in

The smart hospital market is expected to grow at a steady rate over the forecast period. The presence of key players in the ecosystem has resulted in a competitive and diversified market. The report covers revenue, sales volume, price, historical growth as well as future prospects. It also provides comprehensive market forecast from 2022 to 2030 by region/country and subsectors. The global smart hospitals market is segmented into North America, Europe, Asia Pacific and Rest of the World RoW. North America is expected to hold a large share as investment in the R&D process and deployment of solutions in the region increases. The growing number of Smart Hospitals market players in various regions is driving the growth of the market further. Many market players find profitable opportunities in emerging economies such as China and India, where large populations are accompanied by innovations in numerous sectors. Read More..

B2B Tech News | 3 years ago        

The EBRD invested 19.2 million euros in green bonds of the Moroccan Railway Company

The European Bank for Reconstruction and Development EBRD has announced that it has invested €19.2 million MAD 200 million in the issuance of green

The European Bank for Reconstruction and Development EBRD has announced that it has invested €19.2 million MAD 200 million in the issuance of green bonds by the Moroccan state railway company, Office National des Chemins de Fer du Maroc ONCF . The rail operators EUR 95 million MAD 1 billion certified green bond investment will be used to refinance the debt used to build the countrys highspeed electric railway. The EBRD will be the only international bond investor that meets the secondparty opinionand Climate Bonds Standard Board certification criteria for lowcarbon land transport. This highspeed electric passenger route made it possible to significantly reduce train travel times between Tangier and the main economic center of Casablanca. Read More..

B2B Tech News | 3 years ago        

Yes banks shares rose nearly 6% in early trading.

Yes Bank shares rose nearly 6% on Monday morning after private equity firms Carlyle and Advent International announced a $1.15 billion investment in t

Yes Bank shares rose nearly 6% on Monday morning after private equity firms Carlyle and Advent International announced a $1.15 billion investment in the lender. On the BSE, the stock rose 5.75% to 15.80 rupees. After more than three years of fundraising trials and tribulations, Yes Bank on Friday announced a $1.15 billion about 890 billion rupees investment from Carlyle and Advent International. Each global PE fund would hold a 10% stake in the private sector lender, which had to be bailed out by the RBI and governmentled restructuring plans after management heard the bank lacked capital reserves. to investors. Read More..

B2B Tech News | 3 years ago        

Chinese companies are flocking to Switzerland to raise funds from the new share quotas

The top four Chinese companies went public on July 28 through a new equity program with Switzerland. The companies have raised about $1.5 billion. Chi

The top four Chinese companies went public on July 28 through a new equity program with Switzerland. The companies have raised about $1.5 billion. Chinas securities regulator has approved the new public offering within weeks. The approval process for other stock offers can take several to six months. New regulations on user privacy and national security increase your chances of listing abroad. Failure to reach a control agreement with the United States puts many Chinese companies at risk of delisting from the New York Stock Exchange. A client considering an IPO in Hong Kong has decided to prioritize listing DDR in Switzerland, Wang said. Read More..

B2B Tech News | 3 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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