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Chip stockpiles in South Korea have risen due to fears of a slowdown in technology

South Koreas chip inventory has risen to its highest level in more than four years. According to the National Statistics Office, the National Fund inc

South Koreas chip inventory has risen to its highest level in more than four years. According to the National Statistics Office, the National Fund increased by 53.4% ​​in May compared to the previous year. South Korea is the worlds largest manufacturer of memory chips for everything from smartphones and laptops to cars. Shares of chip makers from Samsung Electronics to SK Hynix fell last year due to questions about future demand and central bank policies to reduce investment in global technology stocks. Read More..

B2B Tech News | 2 years ago          

Three Arrows Capital, a cryptocurrency hedge firm, declares bankruptcy as the market collapse takes its toll

Cryptocurrency hedge fund Three Arrows Capital has gone bankrupt. Teneo was called in recent days to manage the liquidation process. 3AC defaulted on

Cryptocurrency hedge fund Three Arrows Capital has gone bankrupt. Teneo was called in recent days to manage the liquidation process. 3AC defaulted on a Voyager Digital loan consisting of $ 350 million in the US dollar, USDC, and 15,250 bitcoinpegged stablecoin, worth approximately $ 304.5 million at current prices. The company had exposure to the collapsed stablecoin terraUSD and sister token luna. Lending firm Celsius and cryptocurrency exchange CoinFlex have also faced liquidity issues. Read More..

B2B Tech News | 2 years ago          

Sule Startups need resilience and ingenuity to succeed

An open innovation program called the Visa Everywhere Initiative assists startups in seizing new growth and partnership opportunities. The audience fa

An open innovation program called the Visa Everywhere Initiative assists startups in seizing new growth and partnership opportunities. The audience favorite for the 2022 CEMEA regional finals was CarePay. The proposal enables subscribers to receive discounts on their healthcare costs at the point of service of up to 37.5%. Carepay is a provider of healthcare services to households and individuals with and without insurance. Since our launch, we have observed a sizable uptake by people, families, fintech, banks, and pension funds. At the 2022 CEMEA finals, the audience selected us as their audience favorite. Read More..

B2B Tech News | 2 years ago          

Intuit will stop offering online QuickBooks products in India from January 2023

Intuit Quickbooks, an online accounting software for small businesses, discontinues sales in India. The USbased company told consumers on Thursday tha

Intuit Quickbooks, an online accounting software for small businesses, discontinues sales in India. The USbased company told consumers on Thursday that it had been trying to disrupt the market for more than 15 years. In the short term, this could be an advantage for local competitors such as Zoho, Tally, and Indiamart. Moneycontrol saw a copy of the email. This applies to all plans for QuickBooks Online, QuickBooks Online Accountant, the QuickBooks mobile app, and the QuickBooks Time program. Read More..

B2B Tech News | 2 years ago          

JPMorgan Says Cryptos Deleveraging Cycle Wont Last Much Longer

The collapse of Terra/Luna, the Three Arrows Capital failure, and frozen withdrawals at Celsius Network are among the signs of woe cascading through t

The collapse of Terra/Luna, the Three Arrows Capital failure, and frozen withdrawals at Celsius Network are among the signs of woe cascading through the industry. The total market cap was down to around $930 billion on Thursday, after having surpassed $3 trillion in November. JPMorgan strategists, including Nikolaos Panigirtzoglou, wrote in a note Wednesday that the liquidity crunch at 3 Arrows Capital is a manifestation of this deleveraging process. The total market cap was down to around $930 billion on Thursday, according to the pricing from CoinGecko, after having surpassed $3 trillion in November. Read More..

B2B Tech News | 2 years ago          

Snapchats $3.99/month Snapchat Plus paid subscription is now available.

Snapchat Plus is a collection of exclusive, experimental, and prerelease features available on the platform for $3.99 per month. The company said it w

Snapchat Plus is a collection of exclusive, experimental, and prerelease features available on the platform for $3.99 per month. The company said it will be available at launch in the US, Canada, UK, France, Germany, Australia, New Zealand, Saudi Arabia, and the United Arab Emirates. Telegram founder and CEO Pavel Durov confirmed that a subscriptionbased offer called Telegram Premium will roll out later this month. They are looking forward to hearing your feedback on Snapchat Plus ,and we cannot wait for you to try our latest products and features, the company said. Read More..

B2B Tech News | 2 years ago          

Dikambi blockchain technology will enhance innovation

The goal of BCAT 2022 is to promote blockchain adoption and raise awareness through inperson interactions and encounters. It began in Enugu in June an

The goal of BCAT 2022 is to promote blockchain adoption and raise awareness through inperson interactions and encounters. It began in Enugu in June and will eventually cover all of Nigerias regions, beginning in Lagos and Abuja. The following tour stops are probably going to be in Kenya, Uganda, Ghana, and Cameroon. Over 540,000 Africans have benefited from Binances educational initiatives. To educate Africans about the basics of cryptocurrencies, Binance Masterclass programs will be implemented across the continent in 2020. Anyone with access to digital currency is welcome to enroll in the lessons, which are free of charge. Read More..

B2B Tech News | 2 years ago          

Colombia is asking India for assistance in developing space technology

Colombian Ambassador Mariana Pacheco met here on Tuesday with Somanat, the secretary of the Space Agency and the president of the Indian Space Researc

Colombian Ambassador Mariana Pacheco met here on Tuesday with Somanat, the secretary of the Space Agency and the president of the Indian Space Research Organization, based in Bengaluru. The ambassador said Colombia was interested in humanitarian aid. Space technology for national development. This is an element of a partnership to manufacture and launch a satellite in Colombia utilizing spacecraft made in India, as well as to acquire satellite data from Colombia for usage in realtime. Read More..

B2B Tech News | 2 years ago          



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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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