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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. Read More..

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. Read More..

B2B Tech News | 2 years ago          

The orchestrator chatbots creator is supported by Westpac

Westpac has emerged as a financial backer in addition to a customer of Kasisto, whose software is used by the bank to act as a central brain for all

Westpac has emerged as a financial backer in addition to a customer of Kasisto, whose software is used by the bank to act as a central brain for all of its chatbots. The banks CTO told Westpac Wire in April that chatbots and digital assistants are often developed by siloed use cases, which becomes confusing for customers and staff. The Australian bank is one of the first in the world to use a central AI brain that orchestrates all conversations. Westpac may be banking on other banks trying to adopt a similar model for their digital services. Westpac may be banking on other banks trying to adopt a similar model, with Kasisto at the core. Its smart enough to know which chatbot can answer what question, and when they cant so it can hive off to a live agent. Read More..

B2B Tech News | 2 years ago          

Indias First Hydrogen Fuel Cell Bus What is Hydrogen Fuel Cell Technology?

Pune, a hydrogen fuel cell bus developed by KPITCSIR was unveiled by Union Minister for Science and Technology Jitendra Singh. A fuel cell works like

Pune, a hydrogen fuel cell bus developed by KPITCSIR was unveiled by Union Minister for Science and Technology Jitendra Singh. A fuel cell works like a conventional battery in an electric vehicle but does not need to be charged with electricity. They combine hydrogen and oxygen atoms to produce electricity. Electric vehicles equipped with hydrogen fuel cells do not produce exhaust gases. That is, it emits only water vapor and hot air. Another advantage is that they are more efficient than internal combustion engine vehicles. It also has another advantage in terms of charging time, making it more practical than battery electric vehicles for public transportation. Read More..

B2B Tech News | 2 years ago          

Crypto dealer Binance adds ZAR support

Binance, one of the worlds leading providers of the blockchain ecosystem and cryptocurrency infrastructure, today announced that it is adding a fiat g

Binance, one of the worlds leading providers of the blockchain ecosystem and cryptocurrency infrastructure, today announced that it is adding a fiat gateway to the South African rand to expand its offering and strengthen its presence in the region. This development allows South African users to deposit quickly and securely via Instant EFT on the Binance platform. Users can now purchase cryptocurrencies by depositing South African Rand ZAR directly into their Binance wallet, providing South Africa with a new and competitive fiat gateway. You can also convert ZAR to BTC, BUSD, ETH, USDT, and BNB. At Binance, our goal has always been to encourage cryptocurrency adoption and increase financial access. Binance launched as a cryptotocrypto exchange in July 2017 and became the worlds largest cryptocurrency exchange within six months. Read More..

B2B Tech News | 2 years ago          

The yandex.ru homepage is among the media assets that Yandex sold to VK.

Russian search giant Yandex has completed the sale of two of its flagship media assets to local rival VK, owner of the same social network. The deal w

Russian search giant Yandex has completed the sale of two of its flagship media assets to local rival VK, owner of the same social network. The deal was inked back in April but todays binding agreement goes further than that, including the main page, yandex.ru. Visitors will be redirected to a renamed version of the page, dzen.ru — which will be controlled and developed by VK. The sale of the content services has become a strategic priority for Yandex since the outbreak of Ukraines civil war, a source close to the matter told. It will also launch a new Android app focused on its AI assistant tech, called Yandex with Alice. The move follows criticism of the sites role in amplifying state propaganda from the likes of jailed Kremlin critic Alexey Navalny. Users will be able to choose the start page in their settings to switch to a plain, searchfocused homepage. Read More..

B2B Tech News | 2 years ago          

Telegram CoFounder Plans to Launch an NFT Marketplace

This follows recent domain name sales by Telegram Open Network TON for $2,60,000 and $2,44,000 each. After a dispute with the US Securities and Exchan

This follows recent domain name sales by Telegram Open Network TON for $2,60,000 and $2,44,000 each. After a dispute with the US Securities and Exchange Commission, the project was shelved.This comes after Telegram Open Network TON recently successfully auctioned its domain names that include usernames such as wallet.. ton and casino. ton was sold for $2,60,000 and $2,44,000, respectively. The project was shelved after it became embroiled in a dispute over allegations of a violation of a security law by Telegram by the US Securities and Exchange Commission. Read More..

B2B Tech News | 2 years ago          

A blockchain project run by an Indian crypto entrepreneur is looking for startup capital at a $200 million valuation

The Spartan Group, Struck Crypto, Big Brain Holdings, and Cogitent Ventures are among some of the investors engaging to participate in the round. Shar

The Spartan Group, Struck Crypto, Big Brain Holdings, and Cogitent Ventures are among some of the investors engaging to participate in the round. Shardeum tries to address a trilemma that affects many blockchains where scalability, security, and decentralization must be prioritized. The startups eponymous blockchain, which is currently in testnet, aims to be EVM compatible and use proofofstake and consensus mechanisms to reduce the cost of running the network. Shardeum uses a technique called sharding that divides the network into multiple parts, allowing multiple transactions to be processed, verified, and verified in parallel. A startup of the same name currently on the testnet aims to make it compatible with the EVM blockchain. Shardeum plans to initially target Indian and emerging markets, according to sources familiar with the matter. We aim to launch the mainnet in the October quarter and release over 500 million SHM tokens. 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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