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GLOBAL NEWS

OpenText completes the acquisition of Micro Focus and anticipates 2023.

According to an announcement from OpenText, the purchase of Micro Focus International has been completed. A reputable supplier of missioncritical soft

According to an announcement from OpenText, the purchase of Micro Focus International has been completed. A reputable supplier of missioncritical software technology and services is Micro Focus. The company also disclosed the acquisitions terms, which included a total purchase price of about $5.8 billion USD. CEO Mark Barrenechea We will assist organisations of all sizes in accelerating their digital transformation with Micro Focus great products and talent. Through industryleading information management solutions, supported by OpenText Cloud editions, OpenText, The Information Company, is committed to assisting organisations in gaining insight. Read More..

B2B Tech News | 1 months ago      

Grant of $1 million from the Sustainable Energy Fund for Africa will promote the transition to electric vehicles in seven African nations.

The Green Mobility Facility for Africa will receive a $1 million technical assistance grant from the Sustainable Energy Fund for Africa SEFA of the Af

The Green Mobility Facility for Africa will receive a $1 million technical assistance grant from the Sustainable Energy Fund for Africa SEFA of the African Development Bank Group. In order to speed up and increase private sector investments in sustainable transport options in seven countries, GMFA offers technical assistance and investment capital. The main objective of SEFA is to help ensure that everyone in Africa has access to services that are reasonably priced, dependable, sustainable, and modern. Read More..

B2B Tech News | 1 months ago      

Freightifys vertical SaaS platform for freight forwarders is backed by Sequoia Capital India.

A $12 million Series A led by Sequoia Capital India has been raised by Freightify. The Singaporebased startup offers freight forwarders whitelabel rat

A $12 million Series A led by Sequoia Capital India has been raised by Freightify. The Singaporebased startup offers freight forwarders whitelabel rate management and ebooking tools. More than 200 freight forwarding businesses across 45 nations now use Freightify. The rate management and quoting tools of Freightify can find and provide freight prices in less than two minutes. Currently postrevenue, Freightify offers payperuse pricing packages. Thanks to the pandemics drive toward digitization, more people are willing to adopt technology. Read More..

B2B Tech News | 1 months ago      

Tech War According to reports, Biden is attempting to stop US exports to Huawei.

It comes as the Biden administration continues to tighten restrictions on US technology exports to China. Huawei has previously been accused by Washin

It comes as the Biden administration continues to tighten restrictions on US technology exports to China. Huawei has previously been accused by Washington of posing a threat to US national security and of collaborating with the Chinese Communist Party. According to the Financial Times, which broke the story first, the US Commerce Department informed some American firms that it would no longer issue licences for US technology exports to Huawei. According to the paper, the move comes as Washington moves toward a total ban on the sale of US technology to the Chinese telecom equipment giant. Read More..

B2B Tech News | 1 months ago      

StockNews.com downgraded Banco BBVA Argentina NYSEBBAR to Hold.

On Wednesday, BBARs shares peaked at $4.65. The companys market cap is $949.72 million, its P/E ratio is 3.21, and its beta is 1.12. The companys 50da

On Wednesday, BBARs shares peaked at $4.65. The companys market cap is $949.72 million, its P/E ratio is 3.21, and its beta is 1.12. The companys 50day and 200day simple moving averages are $3.76 and $3.22, respectively. $2.03 is the oneyear low and $5.11 is the oneyear high for Banco BBVA Argentina. On Tuesday, November 22nd, Banco BBVA Argentina NYSEBBAR Get Rating released its most recent quarterly earnings information. The bank surpassed the average estimate of $0.21 per share by $0.15, reporting $0.36 per share for the quarter. During the quarter, the company brought in $695.56 million in sales. Net margin for Banco BBVA Argentina was 7.27%, and return on equity was 15.23%. Read More..

B2B Tech News | 1 months ago      

Swarm robots powered by AI intend to upend the mining industry.

OffWorld, a maker of AIpowered robotic platforms, has announced that it is now accepting orders for multispecies deployments of its AIpowered industri

OffWorld, a maker of AIpowered robotic platforms, has announced that it is now accepting orders for multispecies deployments of its AIpowered industrial swarm robotic mining systems beginning in 2024. The new autonomous robot species are designed for surveying environments both on the surface and deep underground, precision excavation, and material collection, hauling, and processing. According to the company, swarm robotic mining improves customer productivity and cost efficiency. According to the company, the use of these fully electric robotic mining swarms will leave a zeromining carbon footprint, replacing the use of explosives with precision mining, and will save human lives by removing them from hazardous work conditions for years to come. Read More..

B2B Tech News | 1 months ago      

Rates and taxes alert for Cape Town and Johannesburg.

In 2023, Johannesburg and Cape Town will implement new General Valuation Rolls. The higher the value of a property, the higher the rates and taxes lev

In 2023, Johannesburg and Cape Town will implement new General Valuation Rolls. The higher the value of a property, the higher the rates and taxes levied on it. Residents should anticipate an increase in their rates and tax obligations. The City of Cape Towns Valuations Roll will be open to the public on February 21, 2023. Property owners should expect a formal notification Section 49 notice about the new values. If residents are unhappy with their valuations, they have 60 days to object. Read More..

B2B Tech News | 1 months ago      

US and Indian officials launch initiatives to deepen their technological cooperation and elevate their strategic partnership under iCET.

The USIndia Business Council hosted the first inaugural meeting under Critical and Emerging Technology iCET. The two countries reaffirmed their commit

The USIndia Business Council hosted the first inaugural meeting under Critical and Emerging Technology iCET. The two countries reaffirmed their commitment to removing regulatory barriers. They are launching new bilateral initiatives and encouraging collaboration between our governments, businesses, and universities. The bilateral collaboration between India and the United States on resilient semiconductor supply chains is expanding. A task force will be established to identify shortterm industry opportunities as well as longterm strategic development of complementary semiconductor ecosystems. In addition, a new bilateral Defense Industrial Cooperation Roadmap for joint development and production is being developed. Read More..

B2B Tech News | 1 months ago