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TECH NEWS

Australia’s BNPL Openpay is suspended from the US market due to rising interest rates

Australian firm Buy Now, Pay Later BNPL, Openpay Group, closed in the US four months after being described as a key growth market. Openpays losses inc

Australian firm Buy Now, Pay Later BNPL, Openpay Group, closed in the US four months after being described as a key growth market. Openpays losses increased by 65% in the first half of the year, and the company wanted investors to finance the expansion into the United States. Other Australian BNPL startups are also facing funding challenges, with rising interest rates putting retail spending and investor risk appetite under pressure. Read More..

B2B Tech News | 2 years ago          

Supported Continuous Glucose Monitoring Techniques for Australians with Type 1 Diabetes

Brisbane resident Rachelle Swan is hoping that a new government grant for diabetes treatment technology will reduce the stigma associated with the con

Brisbane resident Rachelle Swan is hoping that a new government grant for diabetes treatment technology will reduce the stigma associated with the condition. Beginning on July 1, the federal government will partially subsidize Continuous Glucose Monitoring CGM technology. Eligible individuals will save more than $2,000 a year thanks to this subsidy. Type 1 diabetics must routinely check their blood glucose levels to make sure they are neither too high nor too low. Read More..

B2B Tech News | 2 years ago          

NASA approves the continuation of the ICESat2 space laser after more than 3 years

NASAs Ice, Cloud, and land Elevation Satellite2 ICESat2 has found that Arctic sea ice has lost a third of its volume. On the other side of the world,

NASAs Ice, Cloud, and land Elevation Satellite2 ICESat2 has found that Arctic sea ice has lost a third of its volume. On the other side of the world, at the opposite pole, new glacial lakes have been discovered deep beneath the Antarctic ice surface. Thats a neat thing about ICESat2 – the scales at which you can observe processes range from very small, like snow blowing around, all the way up to the entire ice sheet. ICESat2 measures the top of the snow, CryoSat2 detects the interface between snow and ice, and together the data tells us not only the depth of the snow but also the sea Read More..

B2B Tech News | 2 years ago          

NASA launches soccer fieldsized balloon with telescope over Antarctica on new mission

Astrophysics Stratospheric Telescope for High Spectral Resolution Observations at Submillimeterwavelengths ASTHROS is targeted for launch no earlier t

Astrophysics Stratospheric Telescope for High Spectral Resolution Observations at Submillimeterwavelengths ASTHROS is targeted for launch no earlier than December 2023. The primary objective would be to observe farinfrared wavelengths of light that are blocked by the Earths atmosphere. Astronomical Survey of Recorded Universe ASTHROS will be launched from NASAs Long Duration Balloon Facility in Antarctica. Managed by the National Science Foundation, ASTHROS will look at galaxies containing millions of stars to decode feedback processes at large scales and in a variety of environments. Read More..

B2B Tech News | 2 years ago          

A review of some of Googles most recent privacy disputes in the EU

Google has been targeted once again by European consumer groups over its account signup process. The European Consumers Bureau BEUC accuses Google of

Google has been targeted once again by European consumer groups over its account signup process. The European Consumers Bureau BEUC accuses Google of using vague, incomplete, and misleading wording at every stage of the registration process. This is not the first time that Google has found itself in hot water with European regulators over privacy regulations. In 2020, the CNIL fined Google 100 million euros for refusing to track cookies without the user’s consent. The employee said Google will have to pay three months or an additional fine of 100,000 euros a day to fulfill its order. Google appealed the decision, but the top French administrative court found the fine appropriate and proportional. Read More..

B2B Tech News | 2 years ago          

The United States files allegations for the South African bitcoin fraud scheme

A South African man and his company are facing civil charges from the US Commodity Futures Trading Commission CFTC for running a fraudulent commodity

A South African man and his company are facing civil charges from the US Commodity Futures Trading Commission CFTC for running a fraudulent commodity pool with bitcoin worth over US $1.7 billion R28 billion. Charges were brought by the CFTC against Cornelius Johannes Steynberg, the CEO of Mirror Trading International. To ostensibly run a commodity pool, the company asked for thousands of peoples bitcoins online. The CFTC claims that the majority of the pooled bitcoin was misappropriated and that only a small portion of it was ever invested at a loss. Read More..

B2B Tech News | 2 years ago          

Fintech Today GetVantage raises $ 36 million Apple allows thirdparty payments in South Korea

GetVantage is raising $ 36 million to expand its presence in Southeast Asia, with Apple taking lower commissions in South Korea. GetVantage aims to fi

GetVantage is raising $ 36 million to expand its presence in Southeast Asia, with Apple taking lower commissions in South Korea. GetVantage aims to fill the funding gap for small businesses. Consumer spending fell in May, according to a report by the U.S. Department of Commerces Bureau of Economic Activity. The move follows South Koreas telecommunications law, passed last year, which prohibits large platform companies from forcing developers to use inapp payment systems. Read More..

B2B Tech News | 2 years ago          

Chinas Cyberspace Authority Takes Action Against False Investment Platforms

Chinese cyber regulators crack down on fake investment platforms. The Chinese Cyberspace Administration says it has processed nearly 42,000 fake appli

Chinese cyber regulators crack down on fake investment platforms. The Chinese Cyberspace Administration says it has processed nearly 42,000 fake applications since the beginning of this year. The state media reported in April that the number of telecommunications fraud cases in China has dropped for the ninth consecutive month since June 2021. The China Cyberspace Administration CAC says it has investigated and combated about 42,000 fake applications since the beginning of this year and entered them into the national fraud database, according to a statement on its website. 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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