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Enpal pledges €855m, Trimble wins Transporeon for €1.88bn deal and more than €3bn invested in European technology this week

We monitored over 105 tech fundraising transactions worth over €3 billion this week, as well as over 25 exits, M&A deals, rumours, and associated ne

We monitored over 105 tech fundraising transactions worth over €3 billion this week, as well as over 25 exits, M&A deals, rumours, and associated news pieces across Europe. We monitored over 105 tech fundraising transactions worth over €3 billion this week, as well as over 25 exits, M&A deals, rumours, and associated news pieces across Europe. You belong to the select group with special access to our findings as a paid subscriber. Youd struggle to keep up with it all, even though we frequently post this information in realtime on Twitter and Instagram the much more fun choice. Trust us we are knowledgeable. We take up the task each and every week so you dont have to. Read More..

B2B Tech News | 2 years ago          

Cooke criticises NSWs tax raise plans at a Sydney casino, sending The Stars shares plummeting.

NSW Treasurer Matt Kean announced over the weekend that the government would raise casino gaming taxes for The Star and Crowns Barangaroo casino begin

NSW Treasurer Matt Kean announced over the weekend that the government would raise casino gaming taxes for The Star and Crowns Barangaroo casino beginning July 1, 2023. The Star currently pays less tax on gaming machines than clubs and pubs in NSW. According to The Star, it is seeking urgent talks with the NSW Government to argue against the longterm viability of the proposed tax changes. The company is particularly concerned that the new tax follows reforms resulting from the Bell inquiry, which it claims has resulted in the implementation of cashless gaming and carded play. Read More..

B2B Tech News | 2 years ago          

Its not all monkey, hodl and moon. EthSign fights fraud in the startup space

EthSign is developing a system that might aid in preventing fraud in the startup industry. The business first looked into using esignatures in Web3. T

EthSign is developing a system that might aid in preventing fraud in the startup industry. The business first looked into using esignatures in Web3. The founders then understood that the information being gathered on the chain could be used for validation. Will it function? You can learn all about it here and make your own decision. Read More..

B2B Tech News | 2 years ago          

EU strikes deal to boost CO2 market, Europes biggest climate policy

By 2030, the EUs carbon market will be reformed to reduce emissions by 62% from 2005 levels. The plan calls for the removal of 90 million CO2 permits

By 2030, the EUs carbon market will be reformed to reduce emissions by 62% from 2005 levels. The plan calls for the removal of 90 million CO2 permits from the system in 2024, 2026, and 2030. In 2027, a new carbon market covering suppliers of CO2emitting fuels used in automobiles and buildings will be launched. If the price of CO2 reaches 45 euros $47.62 per tonne, extra permits will be released into the market to try to keep prices stable. Read More..

B2B Tech News | 2 years ago          

David Jones returns to Australian ownership with a $250 million deal

Anchorage Capital Partners, based in Sydney, has agreed to acquire WHL for an undisclosed sum. The South African company also stated that the transact

Anchorage Capital Partners, based in Sydney, has agreed to acquire WHL for an undisclosed sum. The South African company also stated that the transaction would eliminate approximately R17 billion AUD$1.4 billion in liabilities associated with the David Jones store portfolio. Anchorage, a South African investment firm, has purchased the Australian retailer David Jones. In 2012, the company paid $20 million to acquire Dick Smith from Woolworths Group ASX WOW. The consumer electronics retailer went into voluntary administration in early 2016. Read More..

B2B Tech News | 2 years ago          

Watchdog punishes Unilever Kenya for unfair trade deals

The Kenya Competition Authority CAK fined Unilever for changing payment terms with tens of its suppliers. An investigation revealed that the firm prey

The Kenya Competition Authority CAK fined Unilever for changing payment terms with tens of its suppliers. An investigation revealed that the firm preyed on smaller traders. According to three people familiar with the ruling, the consumer behemoth abused its purchasing power. It increased the payment terms for its 75 suppliers, the majority of whom were local traders, from 60 days to three months. Unilever has been ordered by the Consumer Affairs Commission CAK to reduce the repayment period for a supplier to between 30 and 45 days. The watchdog also ordered the consumer giant to spend more than Sh400 million on local supplies over the next three years. Read More..

B2B Tech News | 2 years ago          

Tencent Cloud partners with Nexon to launch a Metaverse platform

Tencent RealTime Communications TRTC, which enables ingame item trading and realtime video conferencing, is used by Nexontown to connect players. The

Tencent RealTime Communications TRTC, which enables ingame item trading and realtime video conferencing, is used by Nexontown to connect players. The virtual worldbased objects and characters from Nexons online games are used by players to engage with one another. With the help of features like strong resistance, Nexontown is able to support packet loss rates of up to 80% for audio and 50% for video. Read More..

B2B Tech News | 2 years ago          

Global stocks hit after central banks raised interest rates

On Thursday, the benchmark S&P 500 index lost 2.5%, which was the most since early November. The meetings hawkish tone alarmed investors, especially t

On Thursday, the benchmark S&P 500 index lost 2.5%, which was the most since early November. The meetings hawkish tone alarmed investors, especially the ECBs remarks that inflation remains far too high. This week, interest rate increases were all slowed down by the US Federal Reserve, the European Central Bank, and the Bank of England. The US Commerce Department announced that retail sales in November decreased by 0.6% month over month. The reduction exceeded the 0.1% drop predicted by Reuters survey of economists. 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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