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Egypt and Iraq are considering cooperation in joint industrialization and technology transfer

Minister of State for Military Production of Egypt, Mohamed Ahmed Morsi and Iraqi Defense Minister Jomaa Enad Saadoun met in Cairo on Tuesday. Morsi s

Minister of State for Military Production of Egypt, Mohamed Ahmed Morsi and Iraqi Defense Minister Jomaa Enad Saadoun met in Cairo on Tuesday. Morsi said his ministry is keen on implementing the directives of President Abdel Fattah El Sisi to increase cooperation with Iraq in all fields, especially in military industrialization and technology transfer. During the trip, the ministers and their representatives visited several factories, including the Sina 200, M1A1, and ST500 tanks, and inspected military products and facilities used in national projects the state has been carrying out. Read More..

B2B Tech News | 2 years ago        

Warner Bros. Discovery is planning to slash over 1,000 ad sales jobs, according to a report.

Warner Bros Discovery is planning to cut up to 30% nearly 1,000 jobs in its global advertising sales team. The company started offering members of it

Warner Bros Discovery is planning to cut up to 30% nearly 1,000 jobs in its global advertising sales team. The company started offering members of its U.S. ad sales team an opportunity to leave the company. Wall Street has questioned the streaming industrys longterm prospects after a surge throughout the pandemic. Analysts have cited rising inflation and consumer spending as potential threats to the industrys longterm prospects. Read More..

B2B Tech News | 2 years ago        

Nigeria loses N1.52 trillion annually due to the maintenance of foreign aircraft

Overseas maintenance of commercial airplanes operating in the country currently costs Nigeria at least $2.5 billion or N1.52 trillion $1N608 in capita

Overseas maintenance of commercial airplanes operating in the country currently costs Nigeria at least $2.5 billion or N1.52 trillion $1N608 in capital flight yearly. Yesterday in Abuja, at the maiden edition of the Federal Airports Authority of Nigeria FAAN National Aviation Conference, the Managing Director of FAAN, Capt. Rabiu Yadudu, said such capital flight could have been avoided if the country had adequate MRO facilities. Minister of Aviation, Hadi Sirika, disclosed that President Muhammadu Buhari would soon sign law to pass Civil Aviation Bill. After the bill passed, President Sirik promised that Nigeria’s aviation sector would grow rapidly. Read More..

B2B Tech News | 2 years ago        

As executives prepare for a recession and crypto winter, Coinbase has laid off 18% of its workers.

Coinbases shares are down 79% this year and 85% from the alltime high. The stock went public via a direct listing last April. Earlier this year, the c

Coinbases shares are down 79% this year and 85% from the alltime high. The stock went public via a direct listing last April. Earlier this year, the company said it planned to add 2,000 jobs across product, engineering, and design. Coinbase intends that this is a onetime event, Choi said. The company has $6 billion of cash on its balance sheet record. Coinbase cofounder Jess Choi says the company will power through any macroenvironment, despite recent employee unrest. Last week, a petition posted to a decentralized publishing platform called for the removal and vote of no confidence regarding several Coinbase executives. Armstrong urged employees to quit if they dont believe in the company. The companys COO says the company has a very deep conviction in the longterm value of the stock for its employees and customers. Read More..

B2B Tech News | 2 years ago        

Tiger global leads a $40 million series a funding round for groyyo.

Groyyo is a supply chain enablement company helping SME manufacturers in the fashion and lifestyle categories across South Asia. The funds will be uti

Groyyo is a supply chain enablement company helping SME manufacturers in the fashion and lifestyle categories across South Asia. The funds will be utilized to scale the team across manufacturing clusters in India and Bangladesh and essential demand belts in the United States and European Union. Groyyo has already supported over 400 producers across 150 product categories by maximizing their manufacturing potential within just 11 months of being operational. Read More..

B2B Tech News | 2 years ago        

Chinese investment restrictions gain momentum in talks with US lawmakers

A bipartisan group of U.S. lawmakers stated that they had agreed on a proposal to give the government sweeping new powers to block billions in investm

A bipartisan group of U.S. lawmakers stated that they had agreed on a proposal to give the government sweeping new powers to block billions in investment into China. News of the provision, part of legislation that aims to boost U.S competitiveness and grant chipmakers $52 billion to expand operations, drew opposition from China. The measure is part of a broader bill with an unpredictable future. The draft legislation, which captures fewer investments than the original version, stirred opposition from critics who said it would harm American competitiveness. Foreign ministry spokesman says China opposes how the U.S.overgeneralised the concept of national security and carried out funding reviews. Read More..

B2B Tech News | 2 years ago        

Choice Hotels is obtaining Radisson Hotel Group Americas for $675M

The deal can add 624 hotels with more than 68,000 guestrooms. It aims to expand choice Hotels presence in the upscale and uppermidscale hospitality se

The deal can add 624 hotels with more than 68,000 guestrooms. It aims to expand choice Hotels presence in the upscale and uppermidscale hospitality segments. The Radisson brands generally have larger area counts and are situated in higher market areas with higher revenue per available area. we area unit confident that choice Hotels is the owner with the correct longterm strategy, resources, and management team to successfully accelerate the growth of the Radisson business in the Americas. Read More..

B2B Tech News | 2 years ago        

Antarctica Travel Market Comprehensive Study and Strategic Analysis 2022

Market Strides is a Global aggregator and publisher of Market intelligence development reports, equity reports, database directories, and economic rep

Market Strides is a Global aggregator and publisher of Market intelligence development reports, equity reports, database directories, and economic reports. The report examines how the global Antarctica Travel market has evolved through the pandemic to this postpandemic point. It highlights the key factors that are likely to contribute to market growth in advanced and developing economies. 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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