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European markets rise following the worst week of the year Commerzbank gains 4% following DAX reentry.

France and Spain will release preliminary inflation figures on Tuesday, Germany on Wednesday, and Italy and the eurozone on Thursday. The European Cen

France and Spain will release preliminary inflation figures on Tuesday, Germany on Wednesday, and Italy and the eurozone on Thursday. The European Central Bank has stated explicitly that it intends to raise interest rates by another 50 basis points in March, though investors are divided on how likely that is. It comes after the preferred inflation gauge of the United States Federal Reserve showed a strongerthanexpected increase in prices, which, when combined with a tight labour market and resilient consumer spending, has increased rate hike expectations. Read More..

B2B Tech News | 7 months ago          

Kenya seeks to delay petroleum imports payment to ease FX pressure.

Kenya is seeking a yearlong payment period for petroleum product imports rather than settling on delivery in order to relieve pressure on the countrys

Kenya is seeking a yearlong payment period for petroleum product imports rather than settling on delivery in order to relieve pressure on the countrys foreign exchange rate, according to energy minister Davis Chirchir on Monday. We pay about $500 million in three days when products are delivered in Mombasa port. This puts a lot of strain on the system The minister stated to reporters. This initiates global project to increase electricity generation from solar sources at its production sites. The goal is to have 8 GW of installed capacity for solar electricity production by 2025.  Read More..

B2B Tech News | 7 months ago          

Massive MIMO for 5G with DeepSig is demonstrated.

DeepSig and Intel have achieved a joint milestone in 5G Massive MIMO mMIMO performance in Open radio access networks RAN using Intels FlexRAN referenc

DeepSig and Intel have achieved a joint milestone in 5G Massive MIMO mMIMO performance in Open radio access networks RAN using Intels FlexRAN reference architecture. DeepSigs AINative OmniPHY 5G software integrates with Intel FlexRAN Layer 1 reference software and fully functions within the 5G Open Distributed Unit ODU. It offers Open RAN operators an alternative mMIMO AI solution with a lower TCO, higher data rates, and improved spectral efficiency. DeepSig, Inc. is a venturebacked and productfocused technology company that is transforming baseband processing, wireless sensing, and other key wireless applications through the use of cuttingedge machine learning techniques. DeepSig plans to release its mMIMO upgrade for OmniPHY 5G in the coming months to improve Open RAN performance in dense multiuser environments. Read More..

B2B Tech News | 7 months ago          

Born from drone technology, InsureTech Flock raises $38M in Series B funding to encourage commercial drivers to drive safely.

Flock is a UK startup that insures car fleets using realtime data. Ed Leon Klinger and Antton Pena were working on two academic research papers when t

Flock is a UK startup that insures car fleets using realtime data. Ed Leon Klinger and Antton Pena were working on two academic research papers when they came up with the idea of only insuring drones when they were in flight. This resulted in the formation of Flock, which raised $17 million in a Series A round in 2021. Zego has so far raised $281.7 million to fund something similar, but Flock appears to be in Zegos rearview mirror. Octopus Ventures and CommerzVentures led the $38 million Series B funding round, with existing investors including Social Capital, Dig Ventures, Anthemis, and Foresight Ventures. Flock now serves over 600 commercial fleet clients, including Jaguar Land Rover, Europes electric car subscription service. Read More..

B2B Tech News | 7 months ago          

Microsoft introduces a set of cloudbased tools for telcos.

Microsoft has released previews of two AIpowered services designed to manage telco networks, which use the same capabilities as the tech giants Azure

Microsoft has released previews of two AIpowered services designed to manage telco networks, which use the same capabilities as the tech giants Azure cloud platform. AT&T, Ericsson, and Nokia will benefit from Microsofts new Nexus service, an allinone platform that allows operators to manage their networks from the cloud, as well as two different AIOps services. These advancements will enable operators to transform their core networks while also improving customer experiences. Read More..

B2B Tech News | 7 months ago          

In order to save energy on mobile networks, Singtel and Ericsson have partnered to achieve an industry first.

As part of its net zero emissions strategy, Singtel has deployed Ericssons Cell Sleep Mode function to further conserve energy at its mobile base stat

As part of its net zero emissions strategy, Singtel has deployed Ericssons Cell Sleep Mode function to further conserve energy at its mobile base stations. The function predicts the traffic patterns of individual radio cell transmitters using artificial intelligence AI and machine learning ML, resulting in optimised cell sleep configurations and annual energy savings of up to 8% on average. Singtel has reduced energy consumption by implementing efficient power usage techniques such as installing energyefficient radios and optimising network algorithms. Singtel is Asias leading communications technology group, offering both consumers and businesses a portfolio of services ranging from nextgeneration communication, 5G, and technology services to infotainment. Ericsson enables communications service providers and businesses to maximise the value of connectivity. The stock of Ericsson is rising. Read More..

B2B Tech News | 7 months ago          

Production will begin in Europe at Nokia phone manufacturer HMD.

The manufacturer of devices under the Nokia name, HMD Global Oy, is creating the tools and procedures necessary to bring 5G device manufacturing to Eu

The manufacturer of devices under the Nokia name, HMD Global Oy, is creating the tools and procedures necessary to bring 5G device manufacturing to Europe. In preparation for the initial phases of producing and testing smartphones in Europe, HMD, based in Finland, is collaborating with a variety of IT security partners on software updates and extensive testing. By passing rules and providing subsidies, the European Union has been enticing businesses to start producing in important industries. In order to produce smartphones and tablets under the Nokia brand, HMD and Nokia Oyj entered into an exclusive 10year licencing arrangement in 2016. On Saturday, the firm presented three smartphones with a threeday battery life and said that it would start fixing phones in conjunction with iFixit. Read More..

B2B Tech News | 7 months ago          

Australian company Recharge Industries purchases Britishvolt.

Britishvolts plans to construct a £4 billion battery factory close to the Northumberland port of Blyth were abandoned last month due to a lack of bat

Britishvolts plans to construct a £4 billion battery factory close to the Northumberland port of Blyth were abandoned last month due to a lack of battery expertise, tested technology, clients, and revenue. Scale Facilitation has acquired Recharge Industries, an Australian startup with minimal prior manufacturing experience, and Recharge Industries intends to concentrate on batteries for energy storage and highperformance sports cars. Unfortunately, it appears that the UK will be many years away from having a muchneeded facility that can supply batteries for highvolume automakers. Only a few days have passed since the LevellingUp Secretary Michael G. Read More..

B2B Tech News | 7 months ago          



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