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MTN Expands African IoT Reach Through Eseye Alliance

Through a relationship with global Internet of Things services provider Eseye, MTN, a significant telecom firm, is enhancing its Internet of Things Io

Through a relationship with global Internet of Things services provider Eseye, MTN, a significant telecom firm, is enhancing its Internet of Things IoT capabilities in South Africa. By enhancing MTNs infrastructure, this partnership will make it possible to manage and analyse advanced IoT devices. MTN wants to hasten the adoption of IoT in Africa by supplying better connectivity and services. MTN Benin and Ericsson are also collaborating on a programme to recycle ewaste. Since 2021, they have gathered approximately 123 metric tonnes of electronic waste, supporting MTNs goal of lowering emissions by 2040. This plan encourages responsible recycling and sustainability while addressing the growing ewaste issue in Benin to achieve industrywide environmental and social responsibility objectives. Read More..

B2B Tech News | 1 years ago          

Aviva Expands Presence with £460 Million Acquisition of AIG Life UK

Aviva plc has made a significant move by acquiring AIG Life Limited AIG Life UK from Corebridge Financial, Inc., a subsidiary of American Internationa

Aviva plc has made a significant move by acquiring AIG Life Limited AIG Life UK from Corebridge Financial, Inc., a subsidiary of American International Group, Inc. The deal is valued at £460 million and underscores Avivas growing presence in the protection market, known for its exceptional organic growth and awardwinning business practices. Avivas protection offerings prioritize topnotch customer experiences and consistent enhancements for both customers and intermediaries. This acquisition positions existing AIG Life UK clients to benefit from Avivas financial strength and expertise. AIG Life UK caters to 1.3 million individual protection customers and 1.4 million group protection members, offering a comprehensive range of protection products. Read More..

B2B Tech News | 1 years ago          

Transtech Consulting Earns Global Recognition for Excellence in Tech Education

Nigerianowned Transtech Consulting in the U.S. has won the 2023 Global Business Award for Most Impactful Technology Teaching Institute. The recognitio

Nigerianowned Transtech Consulting in the U.S. has won the 2023 Global Business Award for Most Impactful Technology Teaching Institute. The recognition highlights their commitment to offering topnotch tech education, empowering people for success in todays fastchanging tech world. The award honors those whove shown outstanding achievements and made significant contributions in their fields. The firm is redefining perceptions of Nigerians in the USA, dispelling long standing stereotypes. The objective of the organisation has always been to provide individuals with the skills and experience required to prosper in the technology sector. This honour reinforces their dedication to excellence. Read More..

B2B Tech News | 1 years ago          

Mirae Assets global expansion spurs impressive growth in KFinance

Mirae Assets global expansion aligns with South Koreas push for KFinance competitiveness. Mirae Asset Global Investments has surged, with a remarkable

Mirae Assets global expansion aligns with South Koreas push for KFinance competitiveness. Mirae Asset Global Investments has surged, with a remarkable 18% AUM increase to 293 trillion South Korean Won $219 billion by August. Notably, 121 trillion South Korean Won is managed in 14 foreign countries, the largest among Korean asset managers. The firm reached a historic milestone with three trillion in equity capital and posted a firsthalf net profit of 190.3 billion South Korean Won, a unique achievement locally. This growth is fueled by the success of their 540+ global ETFs, which hold 130 trillion won in total net assets, exceeding the entire domestic ETF market. Read More..

B2B Tech News | 1 years ago          

Oracle Invests $504.1 Million in Ampere to Boost Cloud and Rival Amazon, Google

Oracle has prepaid $104.1 million for Ampere Computings processor chips and invested $400 million in Ampere via a convertible note in its 2023 fiscal

Oracle has prepaid $104.1 million for Ampere Computings processor chips and invested $400 million in Ampere via a convertible note in its 2023 fiscal year. Ampere makes custom Armbased server chips, competing with Intel and AMD. Oracle aims to boost its cloud services against rivals like Amazon which also makes its server chips and Google with its AI processors. Oracle has invested heavily in Ampere over the years to strengthen its cloud offerings. The leading database company reported that it expended approximately $419,000 on development and testing hardware from Ampere during the fiscal year 2019 as one of its investments through the years. Read More..

B2B Tech News | 1 years ago          

Amazons $4 Billion Bet on AI Partners with Anthropic to Fuel NextGen Generative AI

Amazon has announced a significant investment of up to $4 billion in the artificial intelligence AI startup Anthropic. This investment grants Amazon a

Amazon has announced a significant investment of up to $4 billion in the artificial intelligence AI startup Anthropic. This investment grants Amazon a minority ownership stake in Anthropic, as the competition intensifies in the rapidly expanding generative AI market, led by OpenAIs ChatGPT. Anthropic will leverage Amazon Web Services AWS Trainium and Inferentia chips to develop, train, and deploy its foundational AI models, benefiting from AWSs costeffectiveness, performance, scalability, and security. The collaboration extends to the advancement of Trainium and Inferentia technology. AWS will become Anthropics primary cloud provider, particularly for safety research and future model development. Amazon developers will integrate Anthropics AI models via Amazon Bedrock to enhance applications and create new customer experiences. Read More..

B2B Tech News | 1 years ago          

Swiss Startup truvami Revolutionizes Asset Tracking with Compact IoT Solution

truvami, an IoT startup hailing from Zurich, Switzerland, specializes in developing compact endtoend tracking solutions that enhance workplace safety

truvami, an IoT startup hailing from Zurich, Switzerland, specializes in developing compact endtoend tracking solutions that enhance workplace safety and safeguard valuable assets for businesses. Their most recent product, introduced by truvami GmbH, provides versatile tracking capabilities suitable for B2B applications. It utilizes the Swisscom LoRaWAN network, cloudbased applications, and Miromicos innovative electronics design. These petite trackers seamlessly operate both indoors and outdoors, incorporating cuttingedge technologies from IoT, wireless communication, and cloud networking. The birth of truvami resulted from a collaborative effort between Swisscom Broadcast AG and Miromico AG, with the goal of creating a unique, smallformfactor tracking solution capable of locating assets, personnel, and animals in various environments. Read More..

B2B Tech News | 1 years ago          

South Korean Corporations struggle lag behind US counterparts amid chip slump

South Korean corporations, including Samsung, had a challenging first half of 2023 compared to their US counterparts due to sluggish chip and energy s

South Korean corporations, including Samsung, had a challenging first half of 2023 compared to their US counterparts due to sluggish chip and energy sectors in a global economic slowdown. Samsungs sales, operating profit, and net profit dropped by 21.5%, 95.4%, and 86.9% yearonyear. In contrast, Apple, a US counterpart, had smaller declines of 4.2%, 10%, and 9.2%. US companies collectively grew their topline figures by 2.4% yearonyear, reaching $3.87 trillion. This weaker performance for South Korean companies was attributed to the global business slowdown caused by highinterest rates and rising consumer prices, impacting them more than their US counterparts in earnings. Read More..

B2B Tech News | 1 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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