Google is opening its firstever Africa product development Centre in Kenyan capital Nairobi. The company invested $1 billion in various projects on th
Google is opening its firstever Africa product development Centre in Kenyan capital Nairobi. The company invested $1 billion in various projects on the continent over five years. Google is also hiring engineers, product managers, and researchers to staff the new Centre. It has already inaugurated an artificial intelligence Centre in Ghana, with the aim of innovations that can be applied to various challenges. Microsoft has also been investing in technology development hubs in Kenya and Nigeria, investing $100 million and hiring engineers. B2B Tech News | 2 years ago
Salesforce, an American cloudbased software company, has registered a partnership with TikTok to make it easier for Commerce Cloud dealers to engage w
Salesforce, an American cloudbased software company, has registered a partnership with TikTok to make it easier for Commerce Cloud dealers to engage with the TikTok community. Merchants can now easily add and launch TikTok as a new sales channel within Salesforce Commerce Cloud. This partnership presents an opportunity for businesses to understand todays social shoppers and curate highly personalized content for TikToks 1 billion monthly users The partnership will enable merchants to seamlessly and efficiently build their presence on TikTok. Nearly one in 10 purchases can now made on social media, and the number is only increasing. B2B Tech News | 2 years ago
Ethio telecom and Hybrid Designs PLC have registered a contractual agreement that would enable the customers access to telecom products and services t
Ethio telecom and Hybrid Designs PLC have registered a contractual agreement that would enable the customers access to telecom products and services through Ride transport service. The newly emerging telebirr digital payment system is an easy, fast, convenient, and secure transaction platform for the settlement of any service payments. The contractual agreement registered between the two companies is mainly aimed at integrating telecom and telebirr services with the RIDE transport service platform to meet the evergrowing demand of the customers for telecom products and services. Telebirr has been very successful mainly because of its simplicity of use. As the platform is widely preferable in the society for emoney payments, over 18.7 billion birr transactions have been made so far. B2B Tech News | 2 years ago
Mustard has disclosed the launch of his $4m investment vehicle to build narrativeled technology ventures from the very start with likeminded founders
Mustard has disclosed the launch of his $4m investment vehicle to build narrativeled technology ventures from the very start with likeminded founders and investors. Mustard will play the role of both investor and builder from the earliest stage possible in its new model. Mustard is a new venture agency that aims to provide its investors with VCtype returns in five years, rather than the typical 10year returns approach of African VCs. Mustards ideastage funding strategy is unique, demonstrating why a range of approaches is necessary for a growing startup ecosystem. B2B Tech News | 2 years ago
Ayoken the firstever platform which offers to buy digital collectibles and tokens from artists, sports brands, musicians, and influencers in Africa ha
Ayoken the firstever platform which offers to buy digital collectibles and tokens from artists, sports brands, musicians, and influencers in Africa has announced the launch of its first NFT marketplace by raising $1.4 million in its preseed funding round. Some Investors which participated in the round were Texasbased Kon Ventures and Europeanbased Venture Capital. The main idea is to build the worlds leading NFT Marketplace which will serve and partner with both listA and emerging musicians and celebrities throughout Africa. The funds will be utilized to develop the platform and create more opportunities for growth such as secondary marketplaces The market for nonfungible tokens NFTs is catching up to that of the traditional art market. NFTs are digital pieces of art tied to blockchain technology. In 2020 the NFT market was valued at just over $250M, according to Chainalysis. B2B Tech News | 2 years ago
Legislators in New York pass bill to ban carbonintensive bitcoin mining operations. Governor Kathy Hochul could sign it into law or veto it. Industry
Legislators in New York pass bill to ban carbonintensive bitcoin mining operations. Governor Kathy Hochul could sign it into law or veto it. Industry insiders say it could have a domino effect across the U.S., which is currently at the forefront of the industry. A bill signed by New York Gov. Andrew Cuomo would ban proofofwork mining in the state. The bill also calls for a statewide study of the impact on the states ability to meet aggressive climate goals set under the Climate Leadership and Community Protection Act B2B Tech News | 2 years ago
Members of the House Oversight Committee area unit alleging that Amazon is obstructing the panels investigation into a deadly warehouse collapse at on
Members of the House Oversight Committee area unit alleging that Amazon is obstructing the panels investigation into a deadly warehouse collapse at one among the companys facilities in Illinois. Alexandria OcasioCortez, DN.Y., and Cori Bush, DMo., aforesaid the corporate has failed to produce key documents requested by lawmakers associated with the tragic warehouse collapse. Last Gregorian calendar month, a tornado ripped through one among Amazons Edwardsville, Illinois, warehouses, called DLI4, inflicting the one.1 millionsquarefoot facilitys roof to collapse, whereas 40foottall, 11inch thick walls on the edges of the building fell inward. Six staff were killed. The House Oversight Committee in Gregorian calendar month opened an enquiry into Amazons labor practices and is specifically zeroing in on its handling of the warehouse collapse. B2B Tech News | 2 years ago
Rebellions has raised $50 million 62 billion KRW Series A from investors. Semiconductors ar employed in just about nearly each trade. The AI chip mark
Rebellions has raised $50 million 62 billion KRW Series A from investors. Semiconductors ar employed in just about nearly each trade. The AI chip market is projected to be value over $83.2 billion by a pair of027, up from $56 billion in 2018. Rebellions raised $80 million 100 billion KRW at AN calculable valuation of $283 million. The startup can use the capital to fabricate its second AI chip model, known as ATOM. its lined up Taiwan Semiconductor producing Company TSMC to start producing the particle chips. B2B Tech News | 2 years agoBy signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.
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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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