Header-template

HEADLINES

Tech startups avoid Singapore and Hong Kong for US SPACs

Startups in Singapore and Hong Kong are avoiding their native stock exchanges in order to combine with USbased SPACs special purpose acquisition firms

Startups in Singapore and Hong Kong are avoiding their native stock exchanges in order to combine with USbased SPACs special purpose acquisition firms. Spacs offer potential businesses a different route to going public. They raise money through an IPO and then buy or combine with an existing company. The first nine months of this year have seen the announcement of at least 28 Spac acquisitions, totaling $23.4 billion. No Spacs from the Singapore or Hong Kong exchanges were however implicated in any of them. Numerous Spac transactions favoured brash newcomers in the tech industry. Read More..

B2B Tech News | 2 years ago          

The watchdog of the competition smells the takeover of CochlearOticon

The proposed $170 million acquisition of Oticon Medical has caused preliminary competition concerns, according to the Australian Competition and Consu

The proposed $170 million acquisition of Oticon Medical has caused preliminary competition concerns, according to the Australian Competition and Consumer Commission ACCC. The businesses are two of a select few in the world that produce and provide equipment used to treat more severe hearing loss. The watchdog is worried that the proposed acquisition would significantly reduce competition in markets that are already very crowded. Read More..

B2B Tech News | 2 years ago          

Cristiano Ronaldo is set to sign a $207mayear contract with a soccer club in Saudi Arabia

Cristiano Ronaldo has been offered a two and a half year contract by Saudi Arabian team Al Nassr, which would make him by far the most paid athlete in

Cristiano Ronaldo has been offered a two and a half year contract by Saudi Arabian team Al Nassr, which would make him by far the most paid athlete in the world. Lionel Messi and LeBron James are the only other athletes in the world who make more than $100 million annually. After being released by Manchester United earlier this month, Ronaldo is currently without a club. Top European clubs like Bayern Munich and others have backed off from pursuing Ronaldo. Read More..

B2B Tech News | 2 years ago          

QuarkXR insures €1.5m for enterprise AR and VR software

QuarkXR, an enterprise AR/VR firm with its headquarters in Sofia, is aiming to earn €1.5 million in a current round of funding that has already cont

QuarkXR, an enterprise AR/VR firm with its headquarters in Sofia, is aiming to earn €1.5 million in a current round of funding that has already contributed €725,000 to that total. QuarkXR has started an angel investment campaign on the SeedBlink network in an effort to hit a €875,000 first milestone. The startup hopes to ride the upcoming wave of enterprise XR use cases, which demand incredibly strong specifications and user interfaces. Cloudtoedge computing is used by QuarkXRs software to render highfidelity visuals and 3D modelling. Since its founding six years ago, QuarkXR has gained the patronage of companies like Deutsche Telekom, Telnet, and Oranges regional Silicon Valley and France subsidiaries. Read More..

B2B Tech News | 2 years ago          

The easing of US sanctions on Venezuelan oil is causing a weak supply boost

The ports on the Gulf of Mexico coast of the United States will soon resume shipments that have been suspended for more than three years. After the US

The ports on the Gulf of Mexico coast of the United States will soon resume shipments that have been suspended for more than three years. After the US eased restrictions on Chevrons operations in Venezuela, the first tanker carrying approximately 1 million barrels could set sail as soon as this month. The agreement does not put an end to the two sides talks about the release of political prisoners. The output of Venezuelas dilapidated oil industry has fallen to around 700,000 b/d from a decade ago. Read More..

B2B Tech News | 2 years ago          

Hackers download more customer data from Australias largest health insurer, Medibank

The largest health insurance in Australia, Medibank Private Ltd, claims that more of its stolen medical records have been made public by hackers. The

The largest health insurance in Australia, Medibank Private Ltd, claims that more of its stolen medical records have been made public by hackers. The most recent release comes after gradual uploads that started when Medibank said on November 7 that it would not pay a ransom. The full set of data on millions of customers is now available, according to media reports. Due to an increase in cyberattacks recently, Australia has been struggling. Read More..

B2B Tech News | 2 years ago          

Plantbased food brand Huel adds $24 million to the fire in new funding round

Huel, a UKbased manufacturer of vegan, lactosefree, and soyfree nutritional bars, supplements, and meal replacement shakes, has raised $24 million in

Huel, a UKbased manufacturer of vegan, lactosefree, and soyfree nutritional bars, supplements, and meal replacement shakes, has raised $24 million in a new round of funding. Highland Europe led the round, with Idris Elba, Jonathan Ross, and Grace Beverley also participating. Huel intends to continue product innovation, expand further into retail, and expand internationally. Read More..

B2B Tech News | 2 years ago          

Emerging market investors deposit a Bric and get a Bimchip

In July, I suggested that a targeted strategy of investing in key emerging markets might be appropriate. When it comes to EM equities, most mainstream

In July, I suggested that a targeted strategy of investing in key emerging markets might be appropriate. When it comes to EM equities, most mainstream investors have fled to the hills. Emerging markets as a catchall term, I believe, is becoming obsolete. According to Deluard, the population of the Bimchip countries is slightly more than that of the East Asian bloc Japan, China, Korea, Hong Kong, and Taiwan. All are middleincome economies with more or less democratic institutions and a recent history of market reforms. Read More..

B2B Tech News | 2 years ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts


1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   4972   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   3469   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   3818   

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.
   3984   

5.  Approximately 8 billion gadgets connect on the internet every day.
   5008   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!


Where do you go to learn more about whats happening in your industry? Check all that apply.