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Citymapper, a trip planning app, has been purchased by Via to improve its transit technology.

Last month, transportation startup Via announced the acquisition of Citymapper, a popular urban mapping app with 50 million users worldwide, for $110

Last month, transportation startup Via announced the acquisition of Citymapper, a popular urban mapping app with 50 million users worldwide, for $110 million at a $3.5 billion valuation. The financial terms of the transaction have not been disclosed, but sources close to the deal tell TechCrunch that Citymapper investors are not making their money back and that the transaction is effectively a washout. Balderton, Index Ventures, Benchmark, DST, and a number of highprofile individuals contributed to the startups funding, which totaled $52 million. Citymapper currently covers 108 cities, mostly in the United Kingdom and Europe, but also in North America, Asia, and other parts of the world. The plan is to incorporate Citymappers product and data into the Via platform while also keeping it operational. Read More..

B2B Tech News | 6 months ago          

Nigeria opens a $672 million technology fund to help its startups recover from the US bank collapse.

Nigeria has established a $672 million fund to support its tech startups, with the goal of reducing reliance on startup funding from the United States

Nigeria has established a $672 million fund to support its tech startups, with the goal of reducing reliance on startup funding from the United States. The fund is intended to assist young entrepreneurs aged 15 to 35 who have had difficulty raising capital in the creative and technology sectors. However, the initiative has a flaw because the governmental fund would require collateral, which many startups do not have. The failure of SVB, Silvergate, and Signature banks in the United States has had a significant impact on the industry, with Y Combinator recently stating that onethird of its communitys startups used SVB as their sole bank account. Read More..

B2B Tech News | 6 months ago          

Barracuda reveals three brandnew January phishing techniques.

Cybercriminals are constantly improving their phishing attacks, introducing new techniques and tactics to deceive victims, circumvent security measure

Cybercriminals are constantly improving their phishing attacks, introducing new techniques and tactics to deceive victims, circumvent security measures, and avoid detection. A new Barracuda Networks Threat Spotlight reveals three novel tactics discovered in phishing attacks in January 2023. The first involves embedding a fake but authenticlooking website in an email and using Google Translate web links to prevent Google from translating the webpage. The third method involves changing the malicious payload during email delivery, making it even more difficult to detect. Read More..

B2B Tech News | 6 months ago          

Sam Schauland is made EVP North America by Lawo.

As part of a bigger initiative by Lawo to increase its presence and customer service in North America, Sam Schauland has been elevated to executive vi

As part of a bigger initiative by Lawo to increase its presence and customer service in North America, Sam Schauland has been elevated to executive vice president North America, where he will be responsible for Lawos business operations in the region. In 2015, Schauland began working with Lawo as a technical manager. In 2017, he was named technical manager for the Americas. In 2019, he was elevated to senior vice president of global operations, where he is in charge of Lawos international team of project managers and engineers, streamlines operations, and spearheads strategic projects. He will answer to Jamie Dunn, Lawos CCO. Read More..

B2B Tech News | 6 months ago          

With AI of the next generation, Microsoft 365 Copilot launched.

With the introduction of Microsoft 365 Copilot, which aims to make Office 365 and related applications smarter, easier to use, and, well, intelligent,

With the introduction of Microsoft 365 Copilot, which aims to make Office 365 and related applications smarter, easier to use, and, well, intelligent, Microsoft has upped the ante in response to the buzz surrounding ChatGPT. Ask your computer anything using 365 Copilot, and it will take care of everything. Microsoft CEO Satya Nadella hailed the release of Copilot 365 as the next generation of AI and the beginning of a new era in computing. Microsoft gave a brief behindthescenes look, noting that Copilot is more than just a way for ChatGPT and Microsoft 365 to communicate Redmond, of course, has invested almost $10 billion in ChatGPT. The phrase creative engine capable of processing and producing human readable content appears in the final sentence. Read More..

B2B Tech News | 6 months ago          

It was discovered that Meta tracking tools violate EU data transfer regulations.

The usage of Metas tracking technologies violates EU data protection rules, according to Austrias data protection authority, because personal data was

The usage of Metas tracking technologies violates EU data protection rules, according to Austrias data protection authority, because personal data was transported to the US, where it was vulnerable to government surveillance. The discovery stems from a flurry of complaints made against websites using Google Analytics over the same data export issue by the European privacy rights organisation noyb back in August 2020. For its part, Meta has attempted to minimise the impact of the Austrian DPAs decision in response to the news. The finding, according to a corporate spokesman, is based on past circumstances and does not effect how businesses can utilise our products, the spokesperson said in a statement. Read More..

B2B Tech News | 6 months ago          

Connell ONeill Named a Hong Kong Rising Star by Asian Lawful Business

Connell ONeill was added to Asian Legal Businesss inaugural list of Hong Kong Rising Stars 2023, which recognises the future generation of Hong Kong l

Connell ONeill was added to Asian Legal Businesss inaugural list of Hong Kong Rising Stars 2023, which recognises the future generation of Hong Kong lawyers who have proven significant potential in the profession while garnering wide appreciation from their clients in the process. The list was made public in the edition from March 2023. Connell is the head of the firms technology practise in Asia and counsels clients throughout APAC and the Middle East on business and corporate transactions, cybersecurity and privacy, product advice, and commercial intellectual property issues in the media, telecommunications, and information technology industries. Read More..

B2B Tech News | 6 months ago          

NBTE, foundation accomplice to start confirmation in sunlight based tech

The Asteven Energy Institute is collaborating with the National Board for Technical Education NBTE to provide a National Innovation Diploma NID in Sol

The Asteven Energy Institute is collaborating with the National Board for Technical Education NBTE to provide a National Innovation Diploma NID in Solar Energy Technology. The institute made the announcement during a virtual stakeholders meeting in Lagos on Thursday, which was broadcast live by the News Agency of Nigeria NAN. Dr Sunny Akpoyibo, President of Asteven Energy Group, emphasised the importance of certification in the countrys renewable energy sector in accordance with global best practises. Prof. Magnus Onuoha, Rector of the Institute, stated that the certification would allow for continuous upskilling and reskilling capacity in the industry. The NID for Solar Technology is a foursemester practical programme a twoyear diploma programme designed as a schooltowork transition. Read More..

B2B Tech News | 6 months 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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