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South Africa is disintegrating.

The head of South African President Cyril Ramaphosas infrastructure and investment office has warned that the countrys power, rail, and water reticula

The head of South African President Cyril Ramaphosas infrastructure and investment office has warned that the countrys power, rail, and water reticulation systems are in disrepair and will take years to repair. Kgosientsho Ramokgopa gave the countrys infrastructure a D grade, citing deterioration in ports, freight rail lines, power plants, metropolitan roads, state schools, and waste collection. Public hospitals were also found to be in disrepair. South Africa is currently experiencing its worstever power outages, and coal exports are expected to fall to a 30year low in 2022 as a result of the national freight rail companys poor performance. With insufficient capacity, skills, and an inefficient regulatory and policy framework, the government is illequipped to address the issues. Read More..

B2B Tech News | 7 months ago          

Neal Mohan, who is of Indian descent, will succeed Susan Wojcicki as CEO of YouTube.

Susan Wojcicki, CEO of YouTube, is stepping down after nine years in the position, and Neal Mohan, Chief Product Officer, will take over. Mohan, a Sta

Susan Wojcicki, CEO of YouTube, is stepping down after nine years in the position, and Neal Mohan, Chief Product Officer, will take over. Mohan, a Stanford graduate, has previously worked for Microsoft, Stitch Fix, and 23andMe. He will concentrate on viewing time, such as the popular shortform video app TikTok and streaming services such as Netflix. The change in Alphabet Inc. shares following the news is very small, less than 1%. Read More..

B2B Tech News | 7 months ago          

EU Antitrust Probe Involved in $20 Billion AdobeFigma Deal.

Adobe Inc.s proposed $20 billion acquisition of design firm Figma Inc. faces a lengthy European Union investigation after the blocs antitrust watchdog

Adobe Inc.s proposed $20 billion acquisition of design firm Figma Inc. faces a lengthy European Union investigation after the blocs antitrust watchdog raised concerns about the deal. The deal, according to European Commission, could significantly affect competition in the market for engaging design and mind mapping software. The transaction is also being scrutinised by the US Justice Department and the UKs Competition and Markets Authority. Adobe is still in talks with regulators in the United States, the United Kingdom, and the European Union, and the transaction is expected to close in 2023. Read More..

B2B Tech News | 7 months ago          

With its new MDR division, Ontinue, Open Systems continues to advance.

Ontinue claims to be the only managed extended detection and response MXDR provider that uses AIdriven automation, human expertise, and the Microsoft

Ontinue claims to be the only managed extended detection and response MXDR provider that uses AIdriven automation, human expertise, and the Microsoft security platform to continuously assess and protect an organizations environment while also advancing its security posture for digital transformation.  In contrast to other MDR services currently available, Ontinues newly launched MXDR service, Ontinue ION, provides Nonstop SecOps with 24/7, alwayson protection.  Instead of trying to force customers to send their data to a backup SIEM, Ontinue ION uses a customers own Microsoft Sentinel as the source of truth allowing security teams to keep control of their data. Read More..

B2B Tech News | 7 months ago          

Jumia, an online retailer based in Africa, reduced losses in the fourth quarter.

In the fourth quarter of 2021, Jumia Technologies, the first tech startup with an emphasis on Africa to be listed on the New York Stock Exchange, repo

In the fourth quarter of 2021, Jumia Technologies, the first tech startup with an emphasis on Africa to be listed on the New York Stock Exchange, reported an adjusted loss before interest, tax, depreciation, and amortisation of $49.2 million. It is engaged in a vigorous costsaving campaign that includes decreasing headcount, reducing offerings like groceries, and cutting back on delivery services unrelated to its ecommerce company. It anticipates a significant decrease in the yearly adjusted EBITDA loss from $207 million in 2022 to $100120 million in 2023. Read More..

B2B Tech News | 7 months ago          

Asias stock markets mainly rise as U. S. Sales increase while Japans trade deficit is at an alltime low.

Asia Pacific markets were mostly higher on Thursday as investors digested Japans record trade deficit of 3.5 trillion yen $26 billion and Wall Streets

Asia Pacific markets were mostly higher on Thursday as investors digested Japans record trade deficit of 3.5 trillion yen $26 billion and Wall Streets strongerthanexpected retail sales report. In Japan, the Nikkei 225 gained 0.71%, the Topix gained 0.68%, and the S&P/ASX 200 gained 0.79%. The Hang Seng index in Hong Kong erased some of its earlier gains and closed 0.9% higher, with the Hang Seng Tech index rising 1.95%. The central bank of the Philippines raised its benchmark interest rate by 50 basis points to 6%. The Philippines central bank raised its benchmark interest rate by 50 basis points to 6% in January, as inflation reached 8.7%, its highest level since October 2008. Read More..

B2B Tech News | 7 months ago          

FINEOS names a seasoned executive as its new CFO.

The CFO of FINEOS has been named as Ian Lynagh. He has worked for the business for more than twenty years, and he has held the roles of EVP North Amer

The CFO of FINEOS has been named as Ian Lynagh. He has worked for the business for more than twenty years, and he has held the roles of EVP North America and Sales Director Europe in the past. In addition to investor relations, financial statutory and management reporting, audit, compliance, commercial management, and legal/contractual obligations, he is in charge of supervising all financial activities across the entire organisation. Lynagh graduated from Dublin City University with a BSc in Computer Science with honours. To drive the companys growth plan, he will collaborate closely with the Board and the leadership of FINEOS. Read More..

B2B Tech News | 7 months ago          

The topranked state is South Carolina. The top 33 seniors in America who are tech savvy.

According to a recent research, South Carolina will have the 33rdmost techsavvy seniors in the nation by 2023. The rankings, which included informatio

According to a recent research, South Carolina will have the 33rdmost techsavvy seniors in the nation by 2023. The rankings, which included information from the Census Bureau, Bureau of Economic Analysis, and Department of Health & Human Services, come from Seniorly, a company that assists families and older people in finding senior care facilities. Five factors, including owning a computer, having an Internet subscription, working from home, telehealth, and expenditure on technological devices, were examined in all 50 states and Washington, D.C. Read More..

B2B Tech News | 7 months ago          



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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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