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Dell pays up to $100 million to acquire an Israeli cloud management company.

Dell has acquired Israeli cloud management startup Cloudify for between US$70 million and US$100 million, according to TechCrunch, citing a source fam

Dell has acquired Israeli cloud management startup Cloudify for between US$70 million and US$100 million, according to TechCrunch, citing a source familiar with the transaction. While Dell made no official announcement about the acquisition, a spokesperson for the computer maker confirmed it to TechCrunch without disclosing the monetary value. Cloudifys platform enables developers to automate the IT infrastructure setup process and make updates across multiple cloud or data centre platforms. According to Crunchbase, Cloudify has only raised approximately US$7 million since it was spun out of New Yorkbased ICT firm GigaSpaces Technologies in 2017. VMware, Intel Capital, and KPN Ventures are among the Cloudify investors. Read More..

B2B Tech News | 2 years ago          

Palladiums megarally is thrown into reverse by electric vehicles.

Palladium, once the cheapest major precious metal, soared from less than $500 per ounce in 2016 to more than $3,400 in March, eclipsing platinum and g

Palladium, once the cheapest major precious metal, soared from less than $500 per ounce in 2016 to more than $3,400 in March, eclipsing platinum and gold. Meanwhile, supply from recycled cars is increasing as more palladiumcontaining vehicles reach the end of their useful life. Palladium prices have fallen to around $1,700 per ounce. According to Morgan Stanley analysts, demand from automakers will fall by around 400,000 ounces between 2022 and 2027, while supply from vehicle recycling will increase by 1.2 million ounces. In the coming years, supply is expected to increase significantly. Read More..

B2B Tech News | 2 years ago          

Businesses in Australia are embracing cuttingedge financial technology.

Firms will continue to invest in embedded finance and Web3 in the coming year. Embedded finance, decentralised finance DeFi, cryptocurrencies, and the

Firms will continue to invest in embedded finance and Web3 in the coming year. Embedded finance, decentralised finance DeFi, cryptocurrencies, and the metaverse are all important areas of fintech. New use cases for embedded financial services are emerging in banking, lending, and investing. According to a new study by the Financial Industry Services Institute, more than half of Australias financial services firms are investing in decentralised finance FIS. According to the study, the biggest barriers to greater crypto adoption are a lack of clarity around crypto regulations and a lack of ecosystem services. Read More..

B2B Tech News | 2 years ago          

According to experts, Africa is positioned to become the next global technology hub.

Africa has a long way to go before it can match the record amounts raised by US startups. An increase in local tech hubs could provide endless opportu

Africa has a long way to go before it can match the record amounts raised by US startups. An increase in local tech hubs could provide endless opportunities for the fintech industry. MFS Africa believes that the tech hub culture will allow us to identify talent and collaborate with and partner with more startups in the long run. Solar energy, which is renewable, is the most viable option for addressing this challenge. Africa has some of the highest levels of solar radiation in the world. South Africas energy crisis has created opportunities for businesses and investors to meet energy demand. Read More..

B2B Tech News | 2 years ago          

Stocks pause after Januarys surge, while Adanis stock price falls in India.

The MSCI allcountry index .MIWD00000PUS was still on a 6day winning streak. With a 9month high, AsiaPacific stocks maintained their best start to the

The MSCI allcountry index .MIWD00000PUS was still on a 6day winning streak. With a 9month high, AsiaPacific stocks maintained their best start to the year. The tug of war over whether the good news that major economies are holding up will simply encourage the Federal Reserve to continue raising interest rates. This year, the MSCI AsiaPacific exJapan index is up nearly 11%. Following the yens rise, Japans Nikkei is up a more modest 5%. Consumers in the United States increased their Q4 spending on goods, according to data released on Thursday. Read More..

B2B Tech News | 2 years ago          

The People & Technology Consulting practices is launched by Hub International

The new HUB People & Technology Consulting practise is concentrated on assisting clients in the development of highly effective talent for generating

The new HUB People & Technology Consulting practise is concentrated on assisting clients in the development of highly effective talent for generating business results. Although the structured services are mostly offered in the United States, the practise will address crossborder opportunities for clients and prospects in North America. The employee benefits experts at HUB provide advice to businesses of all sizes and across all sectors on all facets of developing and managing employee benefits programmes. Hubs extensive network of professionals, which has more than 15,000 workers working in offices across North America, provides clarity to a changing world. Read More..

B2B Tech News | 2 years ago          

Deel introduces a brandnew fullstack platform to streamline HR.

The launch of Deel HR, US Payroll, and Deel Engage has been announced by Deel, an HR firm. For the first time, a single platform can be used to hire,

The launch of Deel HR, US Payroll, and Deel Engage has been announced by Deel, an HR firm. For the first time, a single platform can be used to hire, manage, and pay international teams. This information is released as Deel achieves an annual recurring revenue ARR of $295 million at a US$12 billion value. Deel is valued at US$12 billion thanks to recent funding from Emerson Collective and cooperation from current investors. Currently, the business serves over 15,000 clients, including Nike, Shopify, and Klarna. New clients in Australia include Immutable, Finder, Siteminder, Budgy Smuggler, and Paperform. Read More..

B2B Tech News | 2 years ago          

To use tokens for the benefit of society, ValuesCo closes on $2.07 million.

Frances ValuesCo has closed on $2.7 million to develop Web3 social tokenbased community rewards ecosystems for NGOs, incentivizing campaigners to supp

Frances ValuesCo has closed on $2.7 million to develop Web3 social tokenbased community rewards ecosystems for NGOs, incentivizing campaigners to support the ESG problems they care about most. Additionally, ValuesCo is establishing a relationship with Publicis Groupe, a communications company that sees ValuesCos business model as a significant step forward for corporate social responsibility. Customers sign up to use the app, and in exchange for participating in ESG missions and rewards guided programmes, they gain social tokens that they can use to purchase prizes. Along with encouraging broader consumer acceptance of tokenization and digital wallets, ValuesCo also seeks to fill educational gaps in Web3 technology. Read More..

B2B Tech News | 2 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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