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MRI Software enters into a $93.4 million deal to acquire the real estate software group PropTech

PropTech Group ASX has agreed to be bought by MRI Software for $93.4 million in cash. The board of directors of the Melbournebased PropTech Group unan

PropTech Group ASX has agreed to be bought by MRI Software for $93.4 million in cash. The board of directors of the Melbournebased PropTech Group unanimously recommends that shareholders accept the acquisition offer of $0.60 per share. More than 60,000 property professionals are said to use PropTechs brands. In the previous year, the business processed more than $179 billion in property sales. MRI Software and PTG have agreed on a plan of action for PropTechs acquisition. Read More..

B2B Tech News | 2 years ago          

Global markets Asian stocks increase on anticipation of a pause in Fed hikes.

Gains in Hong Kong, Australia, and Korea lifted the MSCI AsiaPacific exJapan index up 0.8%. Following dismal economic data, Chinese markets plummeted.

Gains in Hong Kong, Australia, and Korea lifted the MSCI AsiaPacific exJapan index up 0.8%. Following dismal economic data, Chinese markets plummeted. The performance comes after a Friday gain on Wall Street, although bond and currency markets are dampening bets on the Fed changing its tone. According to an official survey released on Monday, Chinas industry activity dipped unexpectedly in October. Investors were particularly concerned by the resignation of the chairman of Beijingbased property developer Longfor Group. The Fed is almost certain to raise rates by 75 basis points on Wednesday, with markets focusing on the Feds outlook message. Read More..

B2B Tech News | 2 years ago          

Safaricom of Kenya caters to more fixed internet users with 5G network

Safaricom, which is owned in part by Vodacom and Vodafone, is the first company in East Africa to commercially implement the technology. The companys

Safaricom, which is owned in part by Vodacom and Vodafone, is the first company in East Africa to commercially implement the technology. The companys internet provision sector is one of its fastest expanding, and its 5G network is powered by Nokia and Huawei equipment. Because of security concerns, the US administration has urged countries not to incorporate Huawei into their 5G plans. Last year, it began testing the network. The US government has encouraged countries not to incorporate Huawei into their 5G plans, citing security concerns disputed by Huawei. Read More..

B2B Tech News | 2 years ago          

SpaceXs Starlink expands Internet service for moving RVs, trucks and cars for $ 135 per month

SpaceX, Elon Musks company, is bringing satellite internet to moving vehicles. In May, the company debuted Starlink for RVs, although the service only

SpaceX, Elon Musks company, is bringing satellite internet to moving vehicles. In May, the company debuted Starlink for RVs, although the service only provided internet access while parked. Customers have the option to halt and restart their service at any moment. The new service is still $135 per month, but it requires an improved $2,500 satellite dish. Read More..

B2B Tech News | 2 years ago          

US and Japan join forces to export small nuclear reactor technology to Ghana

The US will collaborate with Japan to market small nuclear reactor technology to Ghana. The two governments are promoting sophisticated power generati

The US will collaborate with Japan to market small nuclear reactor technology to Ghana. The two governments are promoting sophisticated power generation technology to assist other countries in meeting their clean energy targets. Small modular reactors may produce up to 300 megawatts per unit, which is around onethird the capacity of large reactors. These reactors can be factory constructed and sent to a site for installation. Read More..

B2B Tech News | 2 years ago          

Nigeria Celebrates Digital Currency Anniversary and Still Struggles to Adopt It

The eNaira is the second digital currency in the world and the first in Africa. According to critics, the currency has fallen short of expectations. S

The eNaira is the second digital currency in the world and the first in Africa. According to critics, the currency has fallen short of expectations. Since its introduction in October of last year, 700,000 transactions worth $18.3 million have been made on its platform. Messiah Ogbuagu, a specialist in digital currency, praised the initiative. However, Kindness Udobong, the CEO of Bitrrenc, claimed that the government is going too slowly. The goal of the central bank is to increase the number of eNaira merchants from the current 4,000 to over 7,000. Read More..

B2B Tech News | 2 years ago          

The European Institute of Innovation and Technology presents a plan to reduce the skills gap

One million people will be trained in deep technology over the next three years, according to a new skills initiative unveiled by the European Commiss

One million people will be trained in deep technology over the next three years, according to a new skills initiative unveiled by the European Commission. Deep technology includes everything from biology to cuttingedge materials to artificial intelligence and quantum computing. Everyone is welcome, from schoolchildren to postdocs and employees of businesses. Read More..

B2B Tech News | 2 years ago          

European markets close higher as investors make gains tech stocks rise 4%

Following the publication of significant tech results domestically, the panEuropean Stoxx 600 nominally closed the day up 1.4%. The bulk of industries

Following the publication of significant tech results domestically, the panEuropean Stoxx 600 nominally closed the day up 1.4%. The bulk of industries saw gains at the closing bell, with IT stocks rising the most 4.2%. The only sectors to finish in the red were oil and gas stocks and banks, which were down 0.4% and 0.3%, respectively. On Tuesday, several significant corporations released their quarterly earnings, including HSBC, UBS, Novartis, Randstad, Air Liquide, SAP, and Covestro. Read More..

B2B Tech News | 2 years ago          



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