TECH NEWS
US legislation would mandate that Big Tech compensate news publishers for using their content
Newspaper advertising revenue has fallen more than 80 percent, from $49.4 billion in 2005 to $9.6 billion in 2020. The bipartisan legislation applies
Newspaper advertising revenue has fallen more than 80 percent, from $49.4 billion in 2005 to $9.6 billion in 2020. The bipartisan legislation applies to thousands of local newspapers. It excludes national publications such as The New York Times, The Washington Post, and The Wall Street Journal. The local newspaper industry in the US is backing the proposed Journalism Competition and Preservation Act. The law aims to equalize the annual content fee for news publications so that Google and Meta can negotiate together. After posting its first revenue decline in the second quarter of this year, Meta said it would no longer pay news publishers to collect curated articles. B2B Tech News | 2 years ago
Senhasegura Extends Global Reach and Introduces NextGeneration PAM in North America
Senhasegura, a leading provider of Privileged Access Management PAM solutions, officially launched its North American operations with new offices in S
Senhasegura, a leading provider of Privileged Access Management PAM solutions, officially launched its North American operations with new offices in San Francisco and New York. Gartner forecasts the market to grow to 2.9 billion by 2024. According to Verizons 2022 Data Breach Investigations Report, privileged access abuse is still one of the leading causes of data breaches. senhasegura PAM has seen 67 percent yearoveryear revenue growth and 340 percent growth over the past 4 years89 percent growth in customer base, with customers in +55 countries across 5 continents. Closing of a multimilliondollar, multiyear project to provide Privileged Access Management for Brazils largest national defense contractor. Cloudnative PAM solution increases availability and resiliency over onprem solutions and can be deployed much more quickly by customers. B2B Tech News | 2 years ago
Gov is urged to examine future financial injections for NBN and mobile
The Productivity Commission has criticized what it saw as a lack of transparency in the way government invests in digital infrastructure. The committe
The Productivity Commission has criticized what it saw as a lack of transparency in the way government invests in digital infrastructure. The committee cited investments in NBN upgrades, such as the governments $480 million investment in fixed wireless network upgrades announced earlier this year. It also criticized the governments mobile blackspots program MBSP and regional connectivity program RCP. An independent review of digital infrastructure programs such as the MBSP and NBN would increase the likelihood that government funding for such investments is allocated to those specific locations And the type of technology that will be most beneficial to society. The Commission believes that the influx of small developers and local infrastructure operators is evidence of changing market dynamics. He suggested that governments today take advantage of these changes by agreeing with private operators to provide services to the region in a regulated but nonproprietary manner. B2B Tech News | 2 years ago
JD.com, a $89 billion Chinese ecommerce giant, reports its slowest quarterly growth ever
JD.com posted its slowest yearonyear revenue growth on record, becoming the latest victim of a Covidinduced economic slowdown in China. But the compan
JD.com posted its slowest yearonyear revenue growth on record, becoming the latest victim of a Covidinduced economic slowdown in China. But the company got a boost from better profitability in its main retail business as well as logistics division, helped by the annual 618 shopping festival that takes place in China in June. The company minimized marketing and general and administrative expenses for the quarter versus the same time last year. Chinas biggest ecommerce firm, JD.com, posted a nearly 4% yearonyear revenue rise in the second quarter to 1.8 trillion yuan $266.5 billion, helped by the 618 shopping festival in June. Operating profit for the retail division rose 36% to 8.17 billion yuan, helped by sales from the festival. The company also saw its logistics division swing to an operating profit of 31.2 billion yuan. B2B Tech News | 2 years ago
Taiwan and China seek alternative semiconductor production facilities amid tensions
Amid ongoing tensions with China, Taiwan is seeking a flexible global supply chain and alternative platforms for semiconductor manufacturing. Gabriel
Amid ongoing tensions with China, Taiwan is seeking a flexible global supply chain and alternative platforms for semiconductor manufacturing. Gabriel Chu, deputy project manager at Macronix International, one of the largest semiconductor companies in Taiwan, explains how the company plans to maintain a flexible supply chain. More than 1,500 people are involved in the production of integrated circuits in the Xinzhou Science Park, 80 km from Taipei. India Today spoke to Gabriel Chu, deputy project manager at Macronix International, one of the largest semiconductor companies in Taiwan, about how the company maintains a flexible supply chain. B2B Tech News | 2 years ago
Mercado Libre launches its own cryptocurrency in Brazil
Mercado Libre today announced the launch of Mercado Coin, the first Brazilian cryptocurrency. It is built on the Ethereum blockchain and is used by Me
Mercado Libre today announced the launch of Mercado Coin, the first Brazilian cryptocurrency. It is built on the Ethereum blockchain and is used by Mercado Libre and Mercado Pago in the same country for $0.10. According to Cointelegraph, the company expects 80 million users to have access to Mercado Coin by the end of August. To date, about 500,000 users can accept digital currencies. At an early stage, cryptocurrencies are used for purchases and can also be combined with other payment methods such as traditional bank cards. Mercado Coin was developed by Ripio, an Argentinian fintech, for about a year and a half. The company also plans to expand the digital currency to the rest of Latin America in the future, making it available offplatform. B2B Tech News | 2 years ago
Coles switches its attention from smarter selling to innovation
The supermarket giant reported that its smart merchandising strategy generated about $230 million in revenue in FY22. Coles is poised to save $1 billi
The supermarket giant reported that its smart merchandising strategy generated about $230 million in revenue in FY22. Coles is poised to save $1 billion over four years by the end of FY23. CEO Stephen Kane said a key pillar of the strategy has been updated to expand its services to meet the needs of omnichannel customers. The company plans to open 20 new stores, close nine and renew approximately 40 stores in supermarkets, and liquor. It also plans to accelerate new space and Update your store to a level similar to the previous fiscal year. Coles also plans to open around 20 new stores, close 9 stores, and renovate around 40 supermarkets and liquor stores, accelerating new premises and store upgrades to FY22. B2B Tech News | 2 years ago
Damac is looking into $991 million worth of tech and data centre investment opportunities in Germany
Dubais Damac Group is exploring data centre and technologyrelated investment opportunities worth €1 billion $991m in Germany. It entered the data ce
Dubais Damac Group is exploring data centre and technologyrelated investment opportunities worth €1 billion $991m in Germany. It entered the data centre business last year, with the launch of Edgnex, a global digital infrastructure provider. The company said that it would accept certain cryptocurrencies for property transactions as part of efforts to offer more flexibility to investors. Damac Group has a diverse portfolio including capital markets, data centres, hospitality, fashion, and retail. It entered a joint venture to build singlefamily residential developments in Scandinavian countries. The companys other international projects include the 50storey Damac Towers Nine Elms, a flagship project in central London with Versace interiors. B2B Tech News | 2 years agoGet The News to use newsletter to
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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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