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TCS will consider a provisional dividend today

Today, TCS, a Tata company, is expected to release its financial results from April through June 2022. The board will also consider paying equity shar

Today, TCS, a Tata company, is expected to release its financial results from April through June 2022. The board will also consider paying equity shareholders an interim dividend. Due to a wage increase and an increase in other expenses, Yes Securities anticipates TCS will report a sequential decrease in Q1 margin. This year, the US dollars value relative to the rupee has increased by about 6%. For largecap IT companies, revenue growth in US dollars is expected to be 24 percent year on year. Yes, Securities anticipates crosscurrency headwinds of approximately 20130bps, which would slightly temper the reported USD revenue growth. Read More..

B2B Tech News | 2 years ago        

Romania Q1 GDP + 6.4% y / y vs preliminary estimate 6.5% Statistics

According to official data, Romanias economy grew by 6.5% in the first quarter of 2022 and decreased by 0.1% in the same quarter of 2021. According to

According to official data, Romanias economy grew by 6.5% in the first quarter of 2022 and decreased by 0.1% in the same quarter of 2021. According to the National Statistics Office, Romanias GDP grew by 5.2% on a seasonally adjusted annual basis. Experts from the Ministry of Finance expect Romanias economic production to increase by about 2.9%. GDP data for the third quarter of 2021 have been revised from the previous forecast of 0.4% growth Read More..

B2B Tech News | 2 years ago        

WHO DirectorGenerals keynote address at Member States briefing on COVID19 and other issues

This obscures the real picture of an evolving virus and the true burden of COVID19 disease around the world. This includes the elderly, people with ch

This obscures the real picture of an evolving virus and the true burden of COVID19 disease around the world. This includes the elderly, people with chronic illnesses, immunocompromised people, and healthcare professionals. Four of the six WHO subregions have seen the number of cases increase in the past week. WHO and the World Bank will colead a fund to strengthen pandemic health emergency response capacity, with a focus on low and middleincome countries. More than 7,000 cases of monkeypox have been recorded in 60 countries, with Europe recording more than 80 percent of cases globally. Read More..

B2B Tech News | 2 years ago        

GameStop fires its chief financial officer, shares drop

Video game retailer GameStop said on Thursday it had terminated the employment of Chief Financial Officer Michael Recupero, sending shares of the vide

Video game retailer GameStop said on Thursday it had terminated the employment of Chief Financial Officer Michael Recupero, sending shares of the video game retailer down 8% in extended trading. The exit was first reported by Axios, who also said the company was laying off an unknown number of employees, citing a memo. Shares of GameStop jumped 15% in afterhours trading after the company announced a fourforone stock split. CEO Tony Recupero will be replaced by Diana SaadehJajeh as part of efforts to focus on online sales. The retailers shares were down about 21% this year as interest waned amid a market selloff on recession fears and concerns about the economy. Read More..

B2B Tech News | 2 years ago        

Fintech startup Innoviti raises $ 45 million led by Singaporebased Panthera Growth Partners

Innoviti Payments Solutions has raised 45 million dollars in debt and equity. Innovitis Series D funding included an equity round that was led by Pant

Innoviti Payments Solutions has raised 45 million dollars in debt and equity. Innovitis Series D funding included an equity round that was led by Panthera Growth Partners, a Singaporebased investment firm. According to the company, its platform is used by more than 20,000 retailers across 2,000 cities. Innoviti states that it processes an annualized purchase volume of more than Rs. 75,000 crores. Additionally, the business provides retailers in the food, apparel, healthcare, and electronics industries with categoryspecific purchase solutions. For the second consecutive month, UPI transactions exceeded 10 trillion in June. Read More..

B2B Tech News | 2 years ago        

According to Snap Inc., the departing director of the US Secret Service would oversee the security of the company

US intelligence director James Murray will join social media firm Snap Inc as chief security officer following his retirement from the federal agency,

US intelligence director James Murray will join social media firm Snap Inc as chief security officer following his retirement from the federal agency, a Snap spokesperson said Thursday. Murrays retirement was announced by intelligence in a statement early Thursday. He will begin his new role at Snapon on August 1, reporting directly to CEO Evan Spiegel, the company spokesperson said. Read More..

B2B Tech News | 2 years ago        

Vantem plans to expand facilities in the United States with funding from pioneering energy companies

Vantem, a manufacturer of modular units used to build highquality, affordable, and energyefficient homes, plans to expand its operations in the United

Vantem, a manufacturer of modular units used to build highquality, affordable, and energyefficient homes, plans to expand its operations in the United States. with a SeriesA investment Vantems system has been deployed in more than three million square feet of homes internationally, including Uruguay, Brazil, Bolivia, Chile, Colombia, and the Caribbean. Breakthrough Energy Ventures, Quadrant Management, and TEM Capital coled the investment. The company plans to build 15 factories in the United States over the next seven years. Vantems system has been deployed in more than three million square feet of homes internationally including Uruguay, Brazil, Bolivia, Chile, Colombia, and the Caribbean. Read More..

B2B Tech News | 2 years ago        

According to Max Cuvellier of Big Deal, African startups are setting new records

Demo Day for the Telecel Group Africa Startup Initiative Program ASIP, powered by Startupbootcamp Africa, was a resounding success. For the top eleven

Demo Day for the Telecel Group Africa Startup Initiative Program ASIP, powered by Startupbootcamp Africa, was a resounding success. For the top eleven startups selected from a pool of over 2,500 applications, the day represented the culmination of 3 months of hard work, great effort, and the promise of a bigger future. The event took place on July 6, 2022, at Hotel Terror Bi in Dakar, Senegal, and representatives from key partners, investment funds, government officials, and ecosystem supporters were in attendance. Telecel Group announced the launch of their panAfrican customercentric mobile application. Telecel Group reinforced its unwavering support for the development of startups in Africa and played a vital role in assisting the top 11 in their proof of concepts and pilots. This superapp which also includes a chat and a wallet has been specially designed to allow you to sell and buy alone or in a group easily and quickly. 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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