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The focus now is on the ECB rate decision as tech drives gains in European equities.

At 0806 GMT, ratesensitive technology stocks .SX8P and real estate stocks .SX86P were up 2.7% and 1.8%, respectively, leading to a 0.5% gain for the p

At 0806 GMT, ratesensitive technology stocks .SX8P and real estate stocks .SX86P were up 2.7% and 1.8%, respectively, leading to a 0.5% gain for the panEuropean STOXX 600. The ECB is anticipated to increase its deposit rate by 50 basis points to 2.5% and plan more increases over the coming few months, with the size of these increases still up in the air. Later on in the day, the Bank of England is also anticipated to increase interest rates by 50 basis points. Read More..

B2B Tech News | 2 years ago          

This might alter the course of events for South Africa.

In its assessment on the economic prognosis for 2023, Deloitte painted a bleak image for the South African economy this year. The prospects for South

In its assessment on the economic prognosis for 2023, Deloitte painted a bleak image for the South African economy this year. The prospects for South Africas growth in 2023 will be hampered by the dangers of a global slowdown as well as persistent local issues including power outages, the pinch brought on by rising costs of living, and political unpredictability. Declining public investment and severe power outages have hurt South Africa. Marais observed that over the previous two years, the nations fiscal situation has improved. Leveraging the potential associated with its own energy transition goals, she added, might be a game changer for the nation. Read More..

B2B Tech News | 2 years ago          

The IT Infrastructure Transformation at Stellantis Will Be Supported by Kyndryl.

In order to manage the companys main IT infrastructure and deliver technology services, Kyndryl has announced a new deal with Stellantis. The arrangem

In order to manage the companys main IT infrastructure and deliver technology services, Kyndryl has announced a new deal with Stellantis. The arrangement covers global service capabilities as well as operations in the United States, Latin America, Italy, France, Poland, and India. It is the biggest provider of IT infrastructure services in the globe, catering to thousands of business clients in more than 60 nations. Every day, the world depends on the missioncritical information systems that Stellantis designs, develops, manages, and updates. Read More..

B2B Tech News | 2 years ago          

With recent announcements, Tecala declares its commitment to environmental activism.

The Climate Active Carbon Neutral Standard for Organizations has been met by Tecala Group. Being certified makes it Australias first midmarket managed

The Climate Active Carbon Neutral Standard for Organizations has been met by Tecala Group. Being certified makes it Australias first midmarket managed services provider. Tecala relocated their offices to green workplaces that make use of extremely effective Greenpower energy, lighting, and waste management techniques. By purchasing carbon offsets from actions that avoid, decrease, or eliminate greenhouse gas emissions, Tecala has essentially cancelled out any leftover emissions. The business has settled on two projects, one in West Java, Indonesia, and the other in New South Wales. Tecala currently aspires to host all servers at certified carbonneutral IT hosting facilities. Read More..

B2B Tech News | 2 years ago          

Partnership in retail technology to boost growth in the Middle East and North Africa by expanding SI services.

XY Retail is a global commerce solution that assists retailers with streamlining their omnichannel operations. The collaboration with ALGOCAS will all

XY Retail is a global commerce solution that assists retailers with streamlining their omnichannel operations. The collaboration with ALGOCAS will allow XY Retail to quickly deploy its solution in the MENA region. ALGO Cloud Advanced Solutions is an ERP and DevOps workload specialist. The company will optimise cloud deployments that are centred on the customer. XY Retail is the only headless unified commerce platform and POS designed specifically for retail brands. To modernise their stores, luxury brands around the world have turned to XY Retails APIdriven, mobilefirst cloud platform. Additionally, the platform boosts commerce by allowing retailers to fulfil online orders up to 300 percent faster. Read More..

B2B Tech News | 2 years ago          

Is data privacy in Malaysia merely a pipe dream?

Numerous significant data breaches involving wellknown corporations and governmental organisations occurred just in 2022. 22 million Malaysians privat

Numerous significant data breaches involving wellknown corporations and governmental organisations occurred just in 2022. 22 million Malaysians private information is said to have been compromised and sold online last year. Neither iPay88 nor the National Registration Department received any penalties for the violations. The next Malaysian minister for communications and multimedia is Fahmi Fadzil. He has said that after taking over the position, data breaches need to be treated carefully. Currently, firms that violate the rules governing how they handle Malaysians personal data face a maximum RM300,000 fine or two years in prison. Read More..

B2B Tech News | 2 years ago          

IBM and NASA are working together to use AI to study the effects of climate change.

The Marshall Space Flight Center of NASA and IBM have agreed to collaborate on using AI to study climate change. The partnership would make it possibl

The Marshall Space Flight Center of NASA and IBM have agreed to collaborate on using AI to study climate change. The partnership would make it possible to glean fresh insights from NASAs enormous repository of Earth and geospatial science data. Additionally, IBM and NASA intend to create a number of novel technologies to draw conclusions from observations of the earth. On the basis of data from Landsat Sentinel2, one of the initiatives will train an IBM geospatial intelligence foundation model. An easily searchable corpus of Earth science literature is anticipated as another result. Previously, IBM created an NLP model that was honed using approximately 300,000 journal papers from the Earth sciences. Read More..

B2B Tech News | 2 years ago          

With a $5.4B valuation, Lotus Tech will IPO via SPAC.

Holding Group consented to a merger with a company that writes blank checks in a deal that values the combined company at around $5.4 billion. The EV

Holding Group consented to a merger with a company that writes blank checks in a deal that values the combined company at around $5.4 billion. The EV manufacturing division of the auto manufacturing firm that Geely purchased back in 2017 and L Catterton Asia Acquisition will merge, the two parties announced on Tuesday. The sponsor of the special purpose acquisition company is associated with billionaire Bernard Arnault. Lotus Tech has been considering going public at least since the beginning of last year. Arnault surpassed Tesla CEO Elon Musk to become the richest man in the world last month, making history as the first European to top the Bloomberg Billionaires Index. 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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