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Losses in Europe are led by tech stocks due to uncertainty surrounding rate decisions.

European shares fell on Monday as cautious investors braced for a flurry of interest rate hikes by major central banks this week, with shares in rates

European shares fell on Monday as cautious investors braced for a flurry of interest rate hikes by major central banks this week, with shares in ratesensitive sectors such as technology leading the way. At 0955 GMT, the panEuropean STOXX 600 .STOXX was down 0.6%. However, optimism about betterthanexpected corporate earnings and economic resilience has put the benchmark index on track for a monthly gain of 6.3% in 2022, after losing nearly 13% the previous year. This week could well be the pin that pops this months rally and injects a dose of realism into market expectations, CMC Markets UKs chief market analyst Michael Hewson said. Read More..

B2B Tech News | 2 years ago          

An African startup going global is exemplified by InstaDeeps acquisition.

BioNTech, Germanys largest vaccine manufacturer, announced in January that it had agreed to buy Londonbased AI startup InstaDeep for £562 million. Th

BioNTech, Germanys largest vaccine manufacturer, announced in January that it had agreed to buy Londonbased AI startup InstaDeep for £562 million. The transaction is subject to regulatory approval and is expected to close in the first half of 2018. It will be the largest acquisition involving an African or Africanfocused startup in history. Because of its ambition to become a global company, InstaDeep relocated its headquarters from Tunis to London. InstaDeep has shown that an African company with African talent can successfully serve clients all over the world. The firm employs 240 people in Tunis, London, Lagos, Dubai, Berlin, Cape Town, Paris, Boston, and San Francisco. Read More..

B2B Tech News | 2 years ago          

Blockchain Technology The Financial System of Latin Americas Future.

The Bitcoin currency network, which is powered by blockchain technology, empowers both the unbanked and the banked. In 2013, Bitcoin gained popularity

The Bitcoin currency network, which is powered by blockchain technology, empowers both the unbanked and the banked. In 2013, Bitcoin gained popularity as Argentina struggled with hyperinflation caused by financial policies and complex government politics. Bitcoin technology had the potential to seamlessly move money, thereby increasing economic growth in every country that adopted it. I was able to participate in several blockchain smart contract pilot projects in 2016, specialising in decentralised finance, real estate, medical, and government applications. In 2018, the opportunity to establish a Bitcoin centre in Miami arose, which later evolved into The Blockchain Center. The initial goal was for the city of Miami to become the Silicon Valley of Latin America. Read More..

B2B Tech News | 2 years ago          

Yubico expands its subscription program and increases its costs.

Yubico, a provider of hardware authentication security keys, has expanded its Security Key Series and enhanced its YubiEnterprise Subscription program

Yubico, a provider of hardware authentication security keys, has expanded its Security Key Series and enhanced its YubiEnterprise Subscription programme. The updates will assist organisations in better equipping themselves with hardwarebased authentication and complementary services required to prevent the constant threat that businesses face. The Security Key Series lineup will include two new enterprise, FIDOonly keys to provide phishingresistant MFA. Yubico has also announced that it will be raising the prices of the majority of its devices. To distinguish itself from YubiKey models, the black Security Key Series will have an etching on the back of the devices. Read More..

B2B Tech News | 2 years ago          

South Africas energy situation is not exceptional, says the government

Mondli Gungubele has assured South Africans that the government is finally taking action to address the countrys 15yearlong energy crisis. Load sheddi

Mondli Gungubele has assured South Africans that the government is finally taking action to address the countrys 15yearlong energy crisis. Load shedding has been a feature of South African life since 2007, and the government has done nothing to improve the situation in the last 15 years. When power utility Eskom was forced to implement stage 6 load shedding in 2022, the government was thrown into crisis mode. These include removing licencing requirements for generation projects to encourage private investment and rebuilding Eskoms technical capacity. Work is being done to enable the construction of substantial new generating capacity, such as solar panels on residential and commercial roofs. Read More..

B2B Tech News | 2 years ago          

Share prices in AsiaPacific are generally declining manufacturing activity in China is increasing.

The Hang Seng index in Hong Kong dropped 1.75%. The S&P/ASX 200 index for Australia ended the day at 7,476.7, just below the flatline. The Topix fell

The Hang Seng index in Hong Kong dropped 1.75%. The S&P/ASX 200 index for Australia ended the day at 7,476.7, just below the flatline. The Topix fell 0.36% to 1,975.27 and the Nikkei 225 fell 0.39% to 27,327.11 as Japan announced a 2.5% unemployment rate for December, in line with predictions. The International Monetary Fund also increased its predictions for world growth in 2023, but it issued a warning that rising interest rates and Russias invasion of Ukraine would probably still have a negative impact on activity. Read More..

B2B Tech News | 2 years ago          

North American operations of Volvo Group could be fined $130 million.

A $130 million civil fine for violations of the Vehicle Safety Act is included in a consent decree between the National Highway Traffic Safety Adminis

A $130 million civil fine for violations of the Vehicle Safety Act is included in a consent decree between the National Highway Traffic Safety Administration and Volvo Group North America. According to a consent decree announced by American regulators, Volvo Group North America will pay $130 million for failing to recall automobiles in a timely manner. The corporation was found to have violated other reporting standards, such as notifying owners of recalls and reporting occurrences involving deaths and injuries, according to a National Highway Traffic Safety Administration investigation, which led to the civil penalty. Read More..

B2B Tech News | 2 years ago          

For its NFT fantasy football game, Sorare partners with the Premier League.

Sorare, a French startup, has signed a fouryear licencing agreement with the Premier League. The English football league is one of the most watched sp

Sorare, a French startup, has signed a fouryear licencing agreement with the Premier League. The English football league is one of the most watched sports leagues in the world, so this is a significant move for the company. Sorare is a fantasy sports gaming experience based on nonfungible tokens, or NFTs. With todays announcement of a new partnership with the Premier League, Sorare users will be able to access all 20 clubs on the platform. For sports fans who dont particularly enjoy football, Sorare has recently collaborated with the NBA and MLB. 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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