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Performance of South Africas tech startups declines.

South African innovators have urged the government to loosen restrictions that are hindering the countrys technology startups in light of recent data

South African innovators have urged the government to loosen restrictions that are hindering the countrys technology startups in light of recent data showing that the countrys performance has fallen behind that of numerous African rivals in this field. According to the African Tech Firms Funding Report 2022, which was released on February 6th, South Africas 78 startups who sought funding saw a reduction of 12.4% from the prior year and a 2% decrease in the US$329,707,000 they netted. This contrasts South Africa with the rest of Africa, where in 2022 both investments and the number of startups reached record highs. The SA Startup Act Movement is requesting that the government ease exchange restrictions and other onerous regulations for startups with an annual revenue of less than $100 million  rand US$5.7m. Read More..

B2B Tech News | 8 months ago          

The first AsiaPacific data center for LexisNexis Risk Solutions opens in India.

In order to provide superior data protection, LexisNexis Risk Solutions opened its first data centre in India. In India, smartphone and app usage is r

In order to provide superior data protection, LexisNexis Risk Solutions opened its first data centre in India. In India, smartphone and app usage is rising, and by 2025, the country will have a US$1 trillion digital economy. Through access to ThreatMetrix® and cuttingedge behavioural biometrics technology, the new data centre will meet the rapidly increasing demand for data and assist Indian and international businesses operating locally. The platform has several compliance certifications, including HIPAA, CSA, and ISO 27001. Read More..

B2B Tech News | 8 months ago          

EU reduces its response to the US climate law to emphasize green technology.

In order to make European businesses more competitive with those in the US and China, European leaders are concentrating on ways to strengthen their o

In order to make European businesses more competitive with those in the US and China, European leaders are concentrating on ways to strengthen their own policies. The 27 heads of state and government of the European Union will consider easing subsidy regulations so that nations can help green technology companies more and establishing legal clarity to encourage more domestic investment when they meet in Brussels on Thursday. The US was implementing an industrial policy that mirrored Chinas practise of doling out subsidies, French Finance Minister Bruno Le Maire said, although tensions have since subsided. Olaf Scholz, the chancellor of Germany, is optimistic that they will be successful. Read More..

B2B Tech News | 8 months ago          

Australia will remove Chinese surveillance equipment due to security concerns.

Hikvision and Dahua surveillance equipment totaling 900 pieces was discovered during an examination of Australian government properties. Similar actio

Hikvision and Dahua surveillance equipment totaling 900 pieces was discovered during an examination of Australian government properties. Similar actions were taken in the UK and the US last year due to concerns that the Chinese government would access the device data. More than 200 buildings, including the departments of foreign affairs and attorney general, were discovered to have cameras and security equipment, according to the audit. Richard Marles, the deputy prime minister and minister of defence, promised that the government would locate any areas used by the military and remove any cameras to make them totally safe. Mark Dreyfus, the attorney general, stated that the government will examine if the cameras on other government buildings also need to be taken down. Read More..

B2B Tech News | 8 months ago          

Capitec says this skill will be the future of work in South Africa.

Data literacy will be the most indemand talent by 2030, according to Capitec, as businesses cannot undervalue the significance of data in the digital

Data literacy will be the most indemand talent by 2030, according to Capitec, as businesses cannot undervalue the significance of data in the digital economy. With only 11% of respondents perceiving data as capital and 89% of firms still lacking a data culture and investing in data analytics capabilities, a lack of data literacy, however, is stifling progress in South Africa. Capitec has made investments in the platforms that will enable its employees acquire the necessary data literacy abilities. Read More..

B2B Tech News | 8 months ago          

First Mover Asia Why AI Tokens Are on a MonthLong Tear and Why Bitcoin Is Nearing $23,000.

Following a January rise, bitcoin has recently been flat, and Edward Moya, chief market analyst for foreign exchange market operator Oanda, cautioned

Following a January rise, bitcoin has recently been flat, and Edward Moya, chief market analyst for foreign exchange market operator Oanda, cautioned that the next significant movement in bond yields could cause it to lose its current position. Both the twoyear and tenyear U.S. Treasury bond yields decreased modestly. While maintaining its most recent support above $1,600, Ether followed bitcoins example and was down more than 2% from Tuesday. After Coinbase CEO Brian Armstrong tweeted that the SEC may forbid ordinary investors from participating in cryptocurrency staking, other significant cryptocurrencies in terms of market value were down. However, Lido DAOs LDO token increased by 8%. Due to mixed fourth quarter profits and jobs data, the equity markets closed lower, indicating that the Feds monetary policy hasnt been effective. Read More..

B2B Tech News | 8 months ago          

Glowforge, a maker of 3D printers, introduces an AI image generator to aid users in producing artwork.

Glowforge, a startup that makes 3D laser printers, has released Magic Canvas, an image generator that uses AI to generate artwork from a single line o

Glowforge, a startup that makes 3D laser printers, has released Magic Canvas, an image generator that uses AI to generate artwork from a single line of text. The software prepares the image for Glowforge printers, which can engrave the artwork on raw materials like wood, acrylic, or even chocolate. Glowforge has not disclosed which AI model is behind the new feature, but it has filed patents for the imagegeneration software. The launch of Magic Canvas comes at a time when the legality of selling artwork generated by generative AI tools is being debated. Read More..

B2B Tech News | 8 months ago          

News Highlights More than 6,000 people have died as a result of the earthquake that struck Turkey and Syria.

President Tayyip Erdoan declared a disaster zone in the ten provinces affected by the earthquakes in southern Turkey, imposing a threemonth state of e

President Tayyip Erdoan declared a disaster zone in the ten provinces affected by the earthquakes in southern Turkey, imposing a threemonth state of emergency. To assist the countrys rescue efforts, India sent relief supplies, a mobile hospital, and specialised search and rescue teams. Former ISRO chairman A S Kiran Kumar predicted that the global space economy would reach USD 1 trillion in the coming years, providing a huge opportunity for the countrys youth. Meta announced its collaboration with the Ministry of Information Technology for the G20 Stay Safe Online Campaign. Read More..

B2B Tech News | 8 months ago          



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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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