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Goldman Sachs will cut around 3,200 jobs this week after reviewing costs

According to a plan to remove around 3,200 positions this week, Goldman Sachs Group Inc. GS.N will begin one of its largest waves of layoffs ever, acc

According to a plan to remove around 3,200 positions this week, Goldman Sachs Group Inc. GS.N will begin one of its largest waves of layoffs ever, according to a report from Bloomberg News on Sunday. The procedure will likely start at the major provider of financial services in the middle of the week, and no more than 3,200 individuals will be impacted, according to the article, which cited a source. Read More..

B2B Tech News | 2 years ago          

Qvantum invests €41.2 million, Trouva changes hands again, European tech investment tops €269 million last week

Acusensus, a Melbournebased manufacturer of mobile phone cameras, is preparing to list on the ASX this week with a $100 million valuation. The NSW, Qu

Acusensus, a Melbournebased manufacturer of mobile phone cameras, is preparing to list on the ASX this week with a $100 million valuation. The NSW, Queensland, and ACT governments have signed significant contracts with the business for its mobile phone and seatbelt safety technologies. Acusensus projects $36.9 million in sales for FY23. Cofounder of Acusensus Jannink Mirchandani thinks the rise of smartphones is to blame for a surge in traffic deaths. Jannink attributes the reversal of years of decline in road fatalities to the adoption of smartphones a decade ago. Read More..

B2B Tech News | 2 years ago          

University communication platform Clay has been acquired by Wyblo

Wyblo purchased Clays communication system in order to integrate it into its own ed tech portfolio. The two companies believe Wyblo and Clay will comp

Wyblo purchased Clays communication system in order to integrate it into its own ed tech portfolio. The two companies believe Wyblo and Clay will complement one other to allow the deliver of social learning at scale . The acquisition will further increase its stake in the learning and development market, according to the company. Wyblos communityled technologies greatly simplify direct access to syllabus learnings. University of Siegen in Germany and ESCP Business School, a panEuropean college with six campuses, are among the clients. Read More..

B2B Tech News | 2 years ago          

Phone camera AI technology developer Acusensus debuts on ASX with $100 million

Acusensus, a Melbournebased manufacturer of mobile phone cameras, is preparing to list on the ASX this week with a $100 million valuation. The NSW, Qu

Acusensus, a Melbournebased manufacturer of mobile phone cameras, is preparing to list on the ASX this week with a $100 million valuation. The NSW, Queensland, and ACT governments have signed significant contracts with the business for its mobile phone and seatbelt safety technologies. Acusensus projects $36.9 million in sales for FY23. Cofounder of Acusensus Jannink Mirchandani thinks the rise of smartphones is to blame for a surge in traffic deaths. Jannink attributes the reversal of years of decline in road fatalities to the adoption of smartphones a decade ago. Read More..

B2B Tech News | 2 years ago          

The Southeast Asian IPO market is doing relatively well amid the global economic downturn

According to the research, there were 137 IPOs in the region in 2022 that raised US$6.5 billion, compared to 134 that raised US$13.2 billion in 2021.

According to the research, there were 137 IPOs in the region in 2022 that raised US$6.5 billion, compared to 134 that raised US$13.2 billion in 2021. Indonesia led the way with 60 listings worth $2.2 billion, trailed by Thailand, Malaysia, the Philippines, and Singapore. Globally, the market began to decline sharply in 2021, with only 1,333 public offerings totaling US$179.5 billion last year. Larger Southeast Asian IPOs were restricted in 2022, although they may return in 2023 with less Covid19 restrictions. Read More..

B2B Tech News | 2 years ago          

South Africas net foreign exchange reserves rose to $53.827 billion in December

The Reserve Bank of South Africa reported on Monday that the countrys net foreign reserves increased to $53.827 billion in December from $53.391 billi

The Reserve Bank of South Africa reported on Monday that the countrys net foreign reserves increased to $53.827 billion in December from $53.391 billion in November. In December, gross reserves grew to $60.570 billion, up from $59.877 billion in November. The central banks forward position, which comprises unsettled or swap transactions, declined to $0.554 billion from $0.561 billion. Read More..

B2B Tech News | 2 years ago          

Virohan Rakes $7M in Series A Virohan Rakes $7M

Blume Ventures led a $7 million preSeries B1 fundraising round for Gurugrambased healthcare edtech firm Virohan. According to a corporate statement, B

Blume Ventures led a $7 million preSeries B1 fundraising round for Gurugrambased healthcare edtech firm Virohan. According to a corporate statement, Bharat Inclusion Seed Fund, Rebright Partners, and Lesing Artha Limited, among others, participated in the round. The current investment takes the startups total funding raised to $11 million. With this funding, Virohan hopes to open 200+ new schools across India and train over 7,000 students. According to the statement, this money will also enable the company expand into Japanese markets with the help of its existing investors ALES and Rebright Partners. Read More..

B2B Tech News | 2 years ago          

With Qualcomm technology, Sony and Honda have unveiled the Afeela EV prototype.

Sony 6758.T of Japan showed a prototype of the new Afeela electric vehicles it will construct alongside Honda 7267.T on Wednesday, saying it will us

Sony 6758.T of Japan showed a prototype of the new Afeela electric vehicles it will construct alongside Honda 7267.T on Wednesday, saying it will use its massive entertainment resources to become a player in nextgeneration cars. Qualcomm Inc QCOM.O technology, notably its Snapdragon digital chassis, will be used in the vehicle. According to Mizuno, the Afeela will have more than 40 sensors. The joint venture between Sony Group Corp and Honda Motor Co Ltd expects to produce its first electric vehicles in North America by early 2026. 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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