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Taking advantage of the market slump in Latin America.

Through 2018, Latin American venture capital and growth investments averaged less than $2 billion per year. Latin America has become the worlds fastes

Through 2018, Latin American venture capital and growth investments averaged less than $2 billion per year. Latin America has become the worlds fastestgrowing VC region, with the market expected to reach $16 billion by 2021. In 2020, I will launch a new growth fund to close the regions financing need. Because of a lack of available local growth capital, the region will suffer more than other markets. Only three of the 290 investors that concentrated on latestage rounds in 2021 were active in the third quarter of 2022. By addressing local challenges, startups will gain pricing power, allowing them to prosper. Read More..

B2B Tech News | 3 years ago          

Stocks in Europe decline as concerns about China Covid cases grow.

As Italian health authorities announced they will screen all arrivals from China for Covid after revealing nearly half of the passengers on two planes

As Italian health authorities announced they will screen all arrivals from China for Covid after revealing nearly half of the passengers on two planes had the virus, European stocks ended marginally down on Wednesday, giving up gains in late trade. As Nasdaq continued its decline from Tuesday, the Stoxx Europe 600 Index finished 0.1% lower, with losses led by oil and technology firms. The only industries making any kind of gains were mining and retail. With only a few trading days left in the year, the benchmark is on pace for its worst yearly performance since 2018, down 12% as the market was affected by rising inflation, central bank rate hikes, and recessionary fears in addition to the Ukraine war and Europes energy crisis. Read More..

B2B Tech News | 3 years ago          

Trend in South Africa toward a massive hiring freeze.

Hiring freezes and layoffs are becoming more common both domestically and internationally in 2022. Companies in the United States and South Africa are

Hiring freezes and layoffs are becoming more common both domestically and internationally in 2022. Companies in the United States and South Africa are looking to cut costs ahead of a possible recession. According to Nedgroups November Pulse Report, Big Tech has been laying off several employees since December 2021. In South Africa, 80% of CEOs have implemented or plan to implement a hiring freeze in the coming months. The results of the poll of domestic CEOs were then compared to those of 1,300 other global executives. 36% have stopped hiring new employees, almost identical to the 39% of CEOs worldwide who have done the same. Read More..

B2B Tech News | 3 years ago          

South Africa is not exempt from the global cybercrime catastrophe.

According to Surfsharks 2021 cybercrime report, South Africa had 52 cybercrime victims for every million internet users. The United Kingdom ranked fir

According to Surfsharks 2021 cybercrime report, South Africa had 52 cybercrime victims for every million internet users. The United Kingdom ranked first, followed by the United States 1,494/1m. Data breaches are on the rise, with the third quarter having seen the most this year. There were 323,972 phishing victims in 2021. Every second person who falls victim to an online crime falls victim to a phishing attack. People who fell victim to investment fraud lost the greatest money, with an average loss of $70,811 R1.3 million. Christine GordonBennett, Chief Information Security Officer, discusses her top suggestions for avoiding becoming a victim of cybercrime. Read More..

B2B Tech News | 3 years ago          

SKT introduces its cuttingedge 5G MEC technology to the North American broadcasting market.

In collaboration with Sinclair Broadcast Group, North Americas largest terrestrial broadcaster, and Cast.era, a media tech company under SK Square, SK

In collaboration with Sinclair Broadcast Group, North Americas largest terrestrial broadcaster, and Cast.era, a media tech company under SK Square, SKT successfully transmitted terrestrial broadcasting using MEC and virtualization technology. Communication was conducted with a driving vehicle via WIAVCD, a Sinclair local broadcasting system, using ATSC 3.0 standard radio waves and the SKT Media Edge platform. It is expected to significantly reduce the cost burden associated with the future introduction of nextgeneration broadcasting services. Read More..

B2B Tech News | 3 years ago          

In 2023, five significant tech firms will be hiring in Europe.

In the second quarter of 2022, the employment rate for people in the EU between the ages of 20 and 64 was 74.8%. The global market for cybersecurity,

In the second quarter of 2022, the employment rate for people in the EU between the ages of 20 and 64 was 74.8%. The global market for cybersecurity, for instance, is predicted to reach $202 billion in 2023. Data science, cloud computing, and artificial intelligence are among more highdemand industries. Paypal is a global community that collaborates to improve the security, accessibility, and affordability of financial services and online commerce. Zalando, which employs about 17,000 people, has drawn over 3,000 tech talents from all over the world. Over 190 countries have 222 million paid subscribers to Netflix. Read More..

B2B Tech News | 3 years ago          

In response to US efforts to decouple, China expands trade in Asia.

The United States has attempted to persuade countries to reduce their reliance on China. The worlds secondlargest economys trade ties with the rest of

The United States has attempted to persuade countries to reduce their reliance on China. The worlds secondlargest economys trade ties with the rest of Asia are strengthening. Chinese manufacturers have attempted to shift some of their production lines to Asian neighbours. Chinas total trade with ten Southeast Asian neighbours has increased 71% since July 2018, reaching $979 billion in the year to November. According to Chinese data, trade between China and the United States increased by 23%, while trade with Europe increased by 29%. Read More..

B2B Tech News | 3 years ago          

Energy shortage will cause the eurozone to contract in 2023, economists predict.

The eurozone economy is expected to contract next year as a result of high prices and likely energy shortages. Almost 90% of the 37 analysts polled by

The eurozone economy is expected to contract next year as a result of high prices and likely energy shortages. Almost 90% of the 37 analysts polled by the Financial Times said the eurozone was already in recession. The majority of economists predict that GDP will fall throughout next year. The FT polled economists, who predicted a 4.7% drop in eurozone housing prices next year. They estimated that prices will rise by 2.7% this year on average. Forecasters were also overly enthusiastic about growth, anticipating a little less than 4% in 2022. This is far higher than the ECBs initial prediction of 3.4%. Read More..

B2B Tech News | 3 years ago          



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