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Decline in unemployment in Germany.

German unemployment fell in December, according to Labor Office figures released on Tuesday, with the labour market overall only moderately affected b

German unemployment fell in December, according to Labor Office figures released on Tuesday, with the labour market overall only moderately affected by the Ukraine conflict last year. According to the Federal Labour Office, the number of unemployed people fell by 13,000 in seasonally adjusted terms to 2.52 million. Reuters polled analysts, who predicted a 15,000 increase. The seasonally adjusted unemployment rate remained unchanged at 5.5%. The consequences of Russias war on Ukraine price increases, uncertainty, but also refugee migration have left their mark over the last year. Read More..

B2B Tech News | 2 years ago          

PointsBet is in discussions to sell its Australia division to a News Corp business.

Following a report in The Australian, PointsBet revealed last week that it was in talks to sell its Australian business to NTD Pty Limited. PointsBet

Following a report in The Australian, PointsBet revealed last week that it was in talks to sell its Australian business to NTD Pty Limited. PointsBet stated that it did not believe the talks would have a significant impact. The share price of PointsBet increased by more than 10% the morning after the talks were confirmed. The announcement was labelled market sensitive, which means it is likely to have a material impact on Pointsbets share price. However, the operator said that this only happened because of a internal administrative error . Read More..

B2B Tech News | 2 years ago          

Vietnamese tech giant VNGs valuation was reduced to $364 million.

VNG, Vietnams first tech unicorn, which was once reputedly valued at US$2.2 billion, is set to go public in Vietnam on January 5 at a valuation of aro

VNG, Vietnams first tech unicorn, which was once reputedly valued at US$2.2 billion, is set to go public in Vietnam on January 5 at a valuation of around US$364 million. VNG shares will be traded on the Unlisted Public Company Market UPCoM, the board for companies that have not yet been listed on the Hanoi Stock Exchange. It will trade under the ticker symbol VNZ. This is an unexpected development for VNG, which has apparently been seeking a listing in the United States for years. VNG, formerly known as VinaGame, was founded in 2004 and has established a digital services empire that includes social media Zalo, online media Zing News, music streaming Zing MP3, financial services ZaloPay, and cloud services VNG Cloud. Read More..

B2B Tech News | 2 years ago          

Gama, based in Paris, is preparing a payload for a New Years flight on SpaceX with the goal of harnessing solar photons to speed up satellite propulsion.

Gama is a New Space firm established in Paris that specialises in solar sails. They may enable satellites to move faster and carry out more costeffect

Gama is a New Space firm established in Paris that specialises in solar sails. They may enable satellites to move faster and carry out more costeffective missions. The Gama Alpha, the companys first space satellite, will be delivered as cargo on SpaceXs Falcon 9 launch rocket. Gamas New Space team has launched a search for embedded software practitioners who can contribute to the delivery of reliable code that will serve as the heartbeat of Gamaoperated spacecraft. For its spaceship software, the team has chosen Rust language Rustlang, a performance programming script. Read More..

B2B Tech News | 2 years ago          

PreChristmas retail sales reach a record $74.5 billion, outpacing inflation.

In the runup to Christmas, Australians spent a record $74.5 billion. This implies an 8.6 percent increase over 2021. Boxing Day sales increased 15.3 p

In the runup to Christmas, Australians spent a record $74.5 billion. This implies an 8.6 percent increase over 2021. Boxing Day sales increased 15.3 percent to $1.23 million. The ARA and Roy Morgan forecast a 7.9 percent gain through January 15. On Boxing Day, department stores saw the most gain, increasing a whopping 23.6% from the previous year. Cafes, restaurants, and takeaway food services increased by 22.8%. Household products, the secondlargest retail sector for Boxing Day sales, up 14.3% year on year. Read More..

B2B Tech News | 2 years ago          

Eni of Italy establishes a business providing sustainable transportation services.

Eni ENI.MI, an Italian energy corporation, announced on Monday the formation of a new company dedicated to sustainable transportation, which would dev

Eni ENI.MI, an Italian energy corporation, announced on Monday the formation of a new company dedicated to sustainable transportation, which would develop biorefining, biomethane, and offer mobility products and services in Italy and internationally. The move is part of Enis larger goal to capture value from its diversified portfolio of companies by spinning off individual activities and growing them as separate entities. The organisation did not say whether it would pursue a public offering or forming a partnership to build the new company in the future. Since 2021, the business has established Plenitude, which focuses on renewable energies, and Azule Energy, a joint venture with BP BP.L committed on Angolan oil and gas operations. The Italian group successfully listed its Norwegian oil and gas spinoff Vaar last year. Read More..

B2B Tech News | 2 years ago          

In South Korea, Tesla faces a $2.2 million fine for exaggerating its driving range.

According to Reuters, South Korea is likely to punish Tesla $2.2 million for allegedly overstating the driving range of its electric vehicles EVs. Acc

According to Reuters, South Korea is likely to punish Tesla $2.2 million for allegedly overstating the driving range of its electric vehicles EVs. According to the Korea Fair Trade Commission, the Elon Muskled corporation failed to inform buyers about its vehicles lower range in cold conditions. The regulator revealed that in colder weather, Tesla cars operating range can be 50.5% less than what the US company says. Tesla has announced that it delivered a record 405,278 automobiles in the fourth quarter of 2022. However, it fell short of Wall Streets forecast of 431,117 automobiles. Read More..

B2B Tech News | 2 years ago          

BlackRock Greater Europe Investment Trust Plc Net Asset Values.

ASSET VALUE NET 5493003R8FJ6I76ZUW55 BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC At the conclusion of business on December 28, 2022, the unaudited n

ASSET VALUE NET 5493003R8FJ6I76ZUW55 BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC At the conclusion of business on December 28, 2022, the unaudited net asset values for BlackRock Greater Europe Investment Trust PLC were 494.08p Capital alone 494.31p Including currentyear earnings Notes 1. Investments have been appraised based on bid prices. 2. Revenue items are included in net asset value after deducting dividends payed on the exdividend date. 3. Following the purchase of 8,000 ordinary shares on October 31, 2022, the Company now has 101,000,161 Ordinary Shares in circulation excluding 16,928,777 shares which are held in Treasury. 4. See BLRKINDEX on Reuters for the most recent daily net asset value, prior month end performance information, asset allocation, and the ten largest holdings of BlackRock managed Investment Trusts. 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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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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