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TECH NEWS

Australian millennials are catching up with baby boomers, new ABS data shows

An Australian crypto payments company is laying off 30% of its staff to reduce operating costs amid the ongoing bear market. Banxa, a global onandoff

An Australian crypto payments company is laying off 30% of its staff to reduce operating costs amid the ongoing bear market. Banxa, a global onandoff ramp solution facilitating conversions between digital assets including cryptocurrencies and NFTs and fiat currencies, will reportedly drop its staff from 230 employees to 160. The 24hour trading volume of all crypto exchanges was $50 billion yesterday, down 60% from its peak of $124.5 billion recorded on November 11, 2021. Read More..

B2B Tech News | 2 years ago          

Facilitate electronic invoicing in China in 2022 the expansion of the fully digital EFapiao

The fully digitized efapiao pilot program started on December 1, 2021, in Shanghai, Guangdong, and Inner Mongolia. A new type of electronic invoice el

The fully digitized efapiao pilot program started on December 1, 2021, in Shanghai, Guangdong, and Inner Mongolia. A new type of electronic invoice electronic invoice has the same legal force as a traditional paper invoice. No special tax control equipment is needed, such as USB drives with gold charges. This is the Chinese governments latest move to support the digitization of tax collection and administration. A fully digitized electronic receipt is a completely new type of electronic invoice, which has the same legal force and validity as traditional paper receipts, but without paper. Read More..

B2B Tech News | 2 years ago          

Cuentas expands its global business in Mexico with Cuentas LatAm

Cuentas, Inc. is a leading FinTech provider of mobile financial apps and payment solutions. The company begins its global operations in Mexico with Cu

Cuentas, Inc. is a leading FinTech provider of mobile financial apps and payment solutions. The company begins its global operations in Mexico with Cuentas LatAm and is headquartered in Mexico City. Current customers in the United States can send money from the Company App and pick up the funds at any Western Union location in Mexico using the Companys ecosystem. The Companys General Purpose Reloadable GPR Card includes a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content. Read More..

B2B Tech News | 2 years ago          

Further legal reform to expand Internet services in PH PCCI

The Philippine Chamber of Commerce and Industry PCCI has called for stronger legislative reforms to improve internet services in the Philippines. Acco

The Philippine Chamber of Commerce and Industry PCCI has called for stronger legislative reforms to improve internet services in the Philippines. According to Ookla, the current broadband speed in the Philippines is 50.26 Mbit / s, which is 14 times faster than 3.6 Mbit / s eight years ago. PCCI President George Barcelon said legislation such as the Data Disclosure Act, the Rural Cable Connection Development Act, the Spectrum Management Act, the Internet Improvement Act, and the Satellite Technology Promotion Act could help improve internet connectivity. Read More..

B2B Tech News | 2 years ago          

Research reveals major concerns about sharing personal information online

Australians worried about online surveillance are demanding greater transparency and control over the use of their personal information which is share

Australians worried about online surveillance are demanding greater transparency and control over the use of their personal information which is shared with the government and businesses. The report suggests that companies are increasing transparency by revealing how personal information is used. It also suggests brands allow consumers to provide their preferences for personalization to reduce the creepy factor and communicate privacy protections. Daniella Kafouris, Deloittes lead partner for national privacy and data protection, said consumers shared more personal data than ever during the Covid19 pandemic. Read More..

B2B Tech News | 2 years ago          

Boost for tech startups when competition starts to run a new support program

The UK has overtaken China on investment secured by tech startups, raising more than £12 billion in venture capital funding in the first five months

The UK has overtaken China on investment secured by tech startups, raising more than £12 billion in venture capital funding in the first five months of 2022. The successful provider will receive a £12.09 million Digital Growth Grant from the government to run the program, which will help the UKs earlystage tech firms build on their success. Organizations can apply together to bid to become the provider. The Digital Growth Grant will fund a nationwide program to deliver support services to the digital sector, with a focus on emerging technologies like artificial intelligence, advanced computing, and quantum. Applicants must have a strong presence in the UK and a deep knowledge of the domestic digital sector. The Department for Digital, Culture, Media, and Sport is accepting applications until midday on 15 August 2022. Read More..

B2B Tech News | 2 years ago          

Malaysian governor of Ciber Security We cannot be completely safe with cyber threats, but if accompanying it, it can be ready to solve it

Malaysians spend a lot of time on the internet, which puts us in danger as cybercriminals. According to Trend Micro Incorporated, most organizations i

Malaysians spend a lot of time on the internet, which puts us in danger as cybercriminals. According to Trend Micro Incorporated, most organizations in Malaysia believe they will be attacked in the next 12 months. Amirudin Abdul Wahab says no one is 100% sure against cyber threats. Malaysia is currently ranked 5th in the ITU 2020 Global Cybersecurity Index GCI, with the highest commitment to cybersecurity. In May 2022, the Malaysian IT Emergency Response Team MyCERT reported 3,057 cyber incidents in its SCM. The threat of global cyber security breaches remains significant. Read More..

B2B Tech News | 2 years ago          

European entrepreneurs launch a 250 million euro technology fund called Plural

Four European entrepreneurs have announced the launch of Plural, a venture fund worth 250 million euros $263.20 million. The four entrepreneurs Ian H

Four European entrepreneurs have announced the launch of Plural, a venture fund worth 250 million euros $263.20 million. The four entrepreneurs Ian Hogarth, Khaled Heloui, Sten Tamkivi, and Taavet Hinrikus said that Plural would mainly focus on earlystage financing rounds worth $1 million10 million euros. Europe is trying to catch up with the United States in the technology sector. Read More..

B2B Tech News | 2 years ago          



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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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