TECH NEWS
For the CBDC pilot program in Australia, RBA has released use cases.
The Reserve Bank of Australia RBA has announced a research collaboration with the Digital Financial Cooperative Research Centre DFCRC to investigate p
The Reserve Bank of Australia RBA has announced a research collaboration with the Digital Financial Cooperative Research Centre DFCRC to investigate potential CBDC use cases in Australia. The project will include selected industry participants and will investigate several use cases in a limitedscale pilot CBDC that is a genuine digital claim on the Reserve Bank. Corporate bond settlement, tokenised foreign exchange settlement, GST automation, CBDC custodial models, livestock auction, high quality liquid assets securities trading, interoperable CBDC for trusted web3 commerce, funds custody, construction payments, and tokenised bills are among the use cases. The pilot and larger research study will serve two purposes it will help industry gain handson experience, and it will help policymakers understand how a CBDC could work. B2B Tech News | 2 years ago
With a licensing offer, Microsoft is poised to secure EU approval for Activision.
Microsoft Corp is expected to secure EU antitrust approval for its $69 billion acquisition of Activision by offering licencing deals to competitors, a
Microsoft Corp is expected to secure EU antitrust approval for its $69 billion acquisition of Activision by offering licencing deals to competitors, according to three people familiar with the matter. Microsoft President Brad Smith said last month that the company was ready to offer rivals licencing deals to address antitrust concerns, but that it would not sell Activisions lucrative Call of Duty franchise. Microsoft has signed 10year licencing deals with Nintendo and Nvidia to bring Call of Duty to their respective gaming platforms, with the agreements contingent on the Activision deal being approved. The deal faces regulatory challenges in the United Kingdom, where the UK Competition Commission has suggested that Microsoft divest Call of Duty, and in the United States, where the FTC has requested that Microsoft divest Call of Duty. B2B Tech News | 2 years ago
Asias stock markets are rising as a private survey reveals a sharp recovery in Chinas services.
After Atlanta Fed President Raphael Bostic said hes firmly in favour of sticking with quarterpoint hikes, AsiaPacific markets mostly rose on Friday, f
After Atlanta Fed President Raphael Bostic said hes firmly in favour of sticking with quarterpoint hikes, AsiaPacific markets mostly rose on Friday, following Wall Streets gains overnight. The Chinese services sector saw an increase in activity, with a Caixin/S&P Global services purchasing managers index reading of 55 in February, up from 52.9 in January. The Hang Seng index in Hong Kong gained 0.78% in the final hour of trading, while the Hang Seng Tech index gained 2.21%. In mainland China, the Shenzhen Component rose marginally to 11,851.91 and the Shanghai Composite rose 0.54% to 3,328.39. In Japan, the Nikkei 225 rose 1.56% to 27,927.47, leading gains in the region, while the Topix rose 1.25% to 2,019.52. B2B Tech News | 2 years ago
The IDC Cloud and Datacenter Roadshow is returning to South Africa and will discuss sustainability in the digital age.
The 15th annual IDC Cloud & Datacenter Roadshow will focus on the current state of the South African cloud market, with a particular emphasis on cloud
The 15th annual IDC Cloud & Datacenter Roadshow will focus on the current state of the South African cloud market, with a particular emphasis on cloud management, security, governance, orchestration, sustainability, and customer engagement. Organizations are increasingly investing in infrastructure transformation capabilities to ensure business continuity and to implement transformational IT strategies. IDC is the worlds leading provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With over 1,300 analysts worldwide, IDC provides global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC maintains a coordinated network of offices in Riyadh, Nairobi, Lagos, Johannesburg, Cairo, and Istanbul in the Middle East, Turkey, and Africa region. B2B Tech News | 2 years ago
The US and Australia are working harder to transfer AUKUS technologies more quickly.
According to Australias ambassador to the US, Arthur Sinodinos, the two countries have increased efforts to lift US technology export restrictions tha
According to Australias ambassador to the US, Arthur Sinodinos, the two countries have increased efforts to lift US technology export restrictions that could derail the AUKUS agreement and stymie Australias push for nuclearpowered submarines. The US has committed to sharing nuclear propulsion technology with Australia under the tripartite agreement, but US defence technology remains tightly controlled under International Traffic in Arms regulations and other restrictions. Australia has assured the US of its informationsecurity measures, and the Biden administration and the US Congress are aware that defence transfer restrictions must be removed for AUKUS to function effectively. Australian officials have publicly acknowledged that cumbersome bureaucratic hurdles in all three countries could jeopardise AUKUS cooperation, particularly in the second pillar talks on highlevel defence technology. Mr Sinodinos B2B Tech News | 2 years ago
Through 2023, IDC anticipates a further decline in personal computer in the Middle East and Africa.
According to IDCs most recent Worldwid e Quarterly PCD Tracker, the personal computing devices PCD market in the Middle East and Africa MEA is predict
According to IDCs most recent Worldwid e Quarterly PCD Tracker, the personal computing devices PCD market in the Middle East and Africa MEA is predicted to decline 18.9% year over year in the first quarter of 2023, with Egypt expected to experience the largest decline as a result of a significant education deal. IDC anticipates that shipments will fall 10.9% overall in 2023, totaling 7.6 million units shipped over the course of the year. Demand will be adversely affected by recent currency devaluations that have occurred in some of the regions nations, including Egypt, Pakistan, Nigeria, and Turkey. IDC is the leading international supplier of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. Global, regional, and B2B Tech News | 2 years ago
Apple prevents ChatGPT technology from being updated in the email app.
According to Reuters, Apple Inc has blocked an update to email app BlueMail, which uses a customised version of OpenAIs GPT3 language model. Apple, wh
According to Reuters, Apple Inc has blocked an update to email app BlueMail, which uses a customised version of OpenAIs GPT3 language model. Apple, which rejected the app update last week, requested that BlueMail revise the apps age rating for those over the age of 17 or implement content filtering, as BlueMail may produce content that is not appropriate for all audiences. OpenAIs ChatGPT, which can generate content in response to user prompts, has captivated the tech industry, and Microsoft and Alphabet Incs Google both announced their own AI chatbots earlier in February. AIpowered chatbots are still in their infancy, but early search results and conversations have made headlines for their unpredictability. B2B Tech News | 2 years ago
$3 million OKX airdrop, an hourlong 3AC due diligence process, and Binance AI.
Our weekly roundup of East Asian news curates the most significant developments in the industry. cryptocurrency exchange OKX announced an airdrop o
Our weekly roundup of East Asian news curates the most significant developments in the industry. cryptocurrency exchange OKX announced an airdrop of 3,014,381 Tether USDT to users who lost money due to the Celestial CELT token trading incident. Celestial announced the development of a new blockchain game on February 26, followed by extensive social media campaigns promoting the projects alleged backing by OKX. After OKX clarified that it had no affiliation with the project other than a $100,000 investment from OKX Ventures in November 2021, the price of CELT spiked nearly 100% in two days before plummeting over 60%. CELT token price action before and after the alleged insider trading incident. B2B Tech News | 2 years agoGet The News to use newsletter to
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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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