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To reflect a new panAfrican strategy, Cape Innovation and Technology Initiative changed its name to UVU Africa.

The Cape Innovation and Technology CiTi, regarded as Africas oldest innovation incubator together with its Bandwidth Barn, has changed its name to UVU

The Cape Innovation and Technology CiTi, regarded as Africas oldest innovation incubator together with its Bandwidth Barn, has changed its name to UVU Africa to reflect its new panAfrican strategy. Since its founding in 1999, CiTi has had a significant impact on the development of the Cape Town and South African technology and entrepreneurship ecosystems. CiTi collaborates with the government, academia, business, and society to promote inclusive growth of the digital economy. UVU Africas core values serve as its guiding principles. The organisation also opened a 250m2 stateoftheart biotech laboratory and a new innovation hub in Cape Town, which will help the regions biotech industry thrive and its tech and innovation ecosystem. Read More..

B2B Tech News | 1 months ago      

Global Markets As recession fears subside, Asian stocks reach a ninemonth high.

The largest AsiaPacific share index, as measured by MSCI, increased by as much as 0.55 percent to close at 562.10, a level not seen in nearly nine mon

The largest AsiaPacific share index, as measured by MSCI, increased by as much as 0.55 percent to close at 562.10, a level not seen in nearly nine months. The index, which dropped nearly 20% last year, is on track to have its best January performance ever after rising nearly 11% so far this month. With the German DAX futures up 0.28 percent and the Eurostoxx 50 futures up 0.3 percent, European stock futures suggested that equities would increase. The Hong Kong Hang Seng index was little altered after rising more than 2 percent on Thursday, while Japans Nikkei index increased by 0.05 percent. After the Lunar New Year break, trading is expected to resume on Monday on the mainland of China. Read More..

B2B Tech News | 1 months ago      

US sovereignty was not ceded in exchange for North American consent.

The United States is not subject to any responsibilities or have its status as a sovereign nation altered by the Declaration of North America. Althoug

The United States is not subject to any responsibilities or have its status as a sovereign nation altered by the Declaration of North America. Although it does not have the force of law, it outlines some broad commitments to objectives like diversity and sustainability. A hypothetical treaty would need to be approved by the Senate. False claims have been made online that the agreement marks the start of the USs integration into a North American megastate. A pact to reorganise the political, economic, and social systems of the continent is not included in the Declaration of North America. No new treaty is being created here, according to Secretary of State John Kerry. An international pact that has received the twothirds vote of the Senate is known as a treaty. Read More..

B2B Tech News | 1 months ago      

Swedens Husqvarna will now have a 12 percent stake from German company Bosch.

In an effort to enhance the businesses battery cooperation, Bosch ROBG.UL announced on Friday that it had decided to boost its stake in Husqvarna HUSQ

In an effort to enhance the businesses battery cooperation, Bosch ROBG.UL announced on Friday that it had decided to boost its stake in Husqvarna HUSQb. ST to around 12%, making it one of the Swedish companys largest owners. Following the deals announcement, shares of lawn equipment maker Husqvarna were up 12.6% by 0839 GMT. In 2020, the Bosch power tool division established a Power for All Alliance with Husqvarna subsidiary Gardena. The statement continued, A full takeover is not currently planned. The opening paragraph of this article has been changed to reflect that Bosch will be one of Husqvarnas largest shareholders, not the largest stakeholder. Read More..

B2B Tech News | 1 months ago      

Denodo, a leader in data management, is certified by AWS.

Denodo has obtained ISV Competency status for Data and Analytics in Amazon Web Services AWS. The platform of the data management company for AWS accel

Denodo has obtained ISV Competency status for Data and Analytics in Amazon Web Services AWS. The platform of the data management company for AWS accelerates time to insight and data services. Amazon Redshift, Amazon Simple Storage Service Amazon S3, and Amazon RDS are natively connected to Denodo. Denodos sophisticated data library can immediately surface existing datasets to business users for selfservice documentation. The number of people accessing the data platform at Syngenta has increased by 35 times, spurring widespread adoption of datadriven decisionmaking. Read More..

B2B Tech News | 1 months ago      

Dell pays up to $100 million to acquire an Israeli cloud management company.

Dell has acquired Israeli cloud management startup Cloudify for between US$70 million and US$100 million, according to TechCrunch, citing a source fam

Dell has acquired Israeli cloud management startup Cloudify for between US$70 million and US$100 million, according to TechCrunch, citing a source familiar with the transaction. While Dell made no official announcement about the acquisition, a spokesperson for the computer maker confirmed it to TechCrunch without disclosing the monetary value. Cloudifys platform enables developers to automate the IT infrastructure setup process and make updates across multiple cloud or data centre platforms. According to Crunchbase, Cloudify has only raised approximately US$7 million since it was spun out of New Yorkbased ICT firm GigaSpaces Technologies in 2017. VMware, Intel Capital, and KPN Ventures are among the Cloudify investors. Read More..

B2B Tech News | 1 months ago      

Palladiums megarally is thrown into reverse by electric vehicles.

Palladium, once the cheapest major precious metal, soared from less than $500 per ounce in 2016 to more than $3,400 in March, eclipsing platinum and g

Palladium, once the cheapest major precious metal, soared from less than $500 per ounce in 2016 to more than $3,400 in March, eclipsing platinum and gold. Meanwhile, supply from recycled cars is increasing as more palladiumcontaining vehicles reach the end of their useful life. Palladium prices have fallen to around $1,700 per ounce. According to Morgan Stanley analysts, demand from automakers will fall by around 400,000 ounces between 2022 and 2027, while supply from vehicle recycling will increase by 1.2 million ounces. In the coming years, supply is expected to increase significantly. Read More..

B2B Tech News | 1 months ago      

Businesses in Australia are embracing cuttingedge financial technology.

Firms will continue to invest in embedded finance and Web3 in the coming year. Embedded finance, decentralised finance DeFi, cryptocurrencies, and the

Firms will continue to invest in embedded finance and Web3 in the coming year. Embedded finance, decentralised finance DeFi, cryptocurrencies, and the metaverse are all important areas of fintech. New use cases for embedded financial services are emerging in banking, lending, and investing. According to a new study by the Financial Industry Services Institute, more than half of Australias financial services firms are investing in decentralised finance FIS. According to the study, the biggest barriers to greater crypto adoption are a lack of clarity around crypto regulations and a lack of ecosystem services. Read More..

B2B Tech News | 1 months ago