TECH NEWS
Mustard is launching an ideastage investment vehicle to establish global brands for audiences in africa
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 | 3 years ago
Digital Collectables platform Ayoken rises $1.4 million to develop Africa’s first NFTs marketplace
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 | 3 years ago
New York recently passed a measure that prohibits bitcoin mining – heres whats in it.
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 | 3 years ago
Amazon is obstructing a probe into a deadly warehouse collapse, according to a House committee.
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 | 3 years ago
TEMASEKERS TAVILLON CAPITAL BACKS SOUTH KOREA AI CHEAP MAKER REBELLIONS WITH $50 INVEST
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 | 3 years ago
Amazon to shut down Kindle ebook store in China
Amazon will stop the operation of Kindle ebook store in China a year from now, on June 30, 2023. This means no new purchases can be made after that ti
Amazon will stop the operation of Kindle ebook store in China a year from now, on June 30, 2023. This means no new purchases can be made after that time, though customers can still continue to download purchased books for one year beyond that. As of 2017, China was already the worlds biggest market for Kindle, accounting for more than 40% of the device sales worldwide. However, local rivals have caught up rapidly – Chinese ecommerce platforms and social media firms such as JD, Dangdang, and WeChat have all set up their own ebook businesses B2B Tech News | 3 years ago
Sony is building a space laser with a new block of satellite services.
Sony has fashioned a replacement company that may build and provide devices that enable little satellites in orbit to speak with one another via optic
Sony has fashioned a replacement company that may build and provide devices that enable little satellites in orbit to speak with one another via optical maser beams. Sony house Communications business firm is supposed to require advantage of optical maser technology to avoid a bottleneck of radio frequencies. The corporate failed to say once it expects to own its 1st industrial device operative in house. B2B Tech News | 3 years ago
Advanced tsunami detection and warning technology in Cuba
An innovative technology is being developed in Cuba for its inclusion in the islands Tsunami Warning System. The equipment, of the technology known as
An innovative technology is being developed in Cuba for its inclusion in the islands Tsunami Warning System. The equipment, of the technology known as GNSSR, was donated by the French University of Toulouse. This receiver will also contribute with its data to the studies of the dynamics of the crust that CENAIS has been carrying out for more than four years. B2B Tech News | 3 years agoGet The News to use newsletter to
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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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