Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

Meesho of India receives $192m from the parent company.

Meesho, a Metabacked Indian ecommerce platform, has received US$192 million from its USbased parent company, Meesho Inc., according to Entrackr. T

Meesho, a Metabacked Indian ecommerce platform, has received US$192 million from its USbased parent company, Meesho Inc., according to Entrackr. The business, however, claimed that it does not regard this as a fundraising activity in a statement to Tech in Asia. The Entrackr report also mentioned that this was caused by a routine procedure that was a component of the organizations overall treasury strategy. The Meesho board approved a special resolution to generate US$192 million by issuing over 6.5 million equity shares to Meesho Inc. at an issue price of 2,408 rupees $29.4 per share. Read More..

B2B Tech News | 2 years ago          

Optus data breach investigation by Deloitte

Deloitte is set to perform a forensic assessment of the Optus data breach as part of a commissioned external review into the incident and ensuing resp

Deloitte is set to perform a forensic assessment of the Optus data breach as part of a commissioned external review into the incident and ensuing response. The consultancy review came on the recommendation of Optus CEO Kelly Bayer Rosmarin and was supported by the Singtel board. It has been reported that around 2.8 million customers had identity document numbers exposed. Optus has called in Deloitte to help it work out how the data breach could have happened. Singtel is continuing to evaluate the potential financial implications arising from the breach. The chief executive of Optus parent company, Bayer Rosmarin, says the company has launched an independent review into what happened. Read More..

B2B Tech News | 2 years ago          

Minteo NFT Marketplace raised $4.3M seed round

Latin American NFT marketplace Minteo has raised $4.3 million in seed capital to expand in the region. Led by CEO Santiago Rodríguez and CTO Javier L

Latin American NFT marketplace Minteo has raised $4.3 million in seed capital to expand in the region. Led by CEO Santiago Rodríguez and CTO Javier Lozano, Minteo is an NFT marketplace that allows Latin American artists, creators, collectors, gamers, brands, and other community members to buy digital art, collectibles, figures, and other digital assets from around the world. market. It offers a mobile app that makes it easy to buy, sell, and sell digital assets with builtin selfmanaged wallets, local payment methods, and the ability to pay with local content marketplaces. Astana will be used to create a platform for artists from Colombia and Mexico and eventually expand to other Latin American countries. Read More..

B2B Tech News | 2 years ago          

Australia and the United States announced the IOC Space Telescope

Initial operational capability IOC for the Space Surveillance Telescope has been declared by Australia and the US SST. By delivering groundbased, fain

Initial operational capability IOC for the Space Surveillance Telescope has been declared by Australia and the US SST. By delivering groundbased, faint object detection and tracking, the SST is able to improve space domain awareness. In March 2020, Australia provided the first set of images that were taken of the space objects. The SST was relocated to Australia as part of this agreement to improve the US Space Surveillance Networks capacity to track space objects and debris. Read More..

B2B Tech News | 2 years ago          

Prosus completes acquisition of BillDesk in India for $4.7 billion

Prosus has withdrawn its $4.7 billion acquisition of BillDesk, announced last year. The allcash acquisition, announced during the market last year, wi

Prosus has withdrawn its $4.7 billion acquisition of BillDesk, announced last year. The allcash acquisition, announced during the market last year, will be the second largest M&A transaction in the consumer internet segment in South Asia. As the market changed in the last quarter, many promising deals were made around the world. The move came as a surprise to BillDesks founders and investors, according to three sources familiar with the matter. It is unclear whether Prosus and BillDesk have agreed to a cancellation fee. BillDesk is backed by Visa, Temasek, General Atlantic, and several Indian banks. Read More..

B2B Tech News | 2 years ago          

After having its assets frozen in India, Chinas Xiaomi promises to preserve its economic interests

On Sunday, October 2, Chinese smartphone maker Xiaomi Corp said it was disappointed with an Indian court judgement that frozen US$682 million in its a

On Sunday, October 2, Chinese smartphone maker Xiaomi Corp said it was disappointed with an Indian court judgement that frozen US$682 million in its assets and will keep defending its rights. An Indian appellate authority confirmed on Friday that the Enforcement Directorate, Indias federal financial crime fighting agency, had the right to seize 55.51 billion rupees in April after an investigation revealed Xiaomi had sent illegal payments to foreign organizations while misrepresenting them as royalties. According to Xiaomi, Qualcomm Group received a royalty payment of more than 84% of the 55.51 billion Indian rupees that the Enforcement Directorate seized earlier this year. Read More..

B2B Tech News | 2 years ago          

IIIT Hyderabad, Silicon Labs launches WiSUN network for Smart City projects 

WiSUN is an openstandard protocol that enables interoperable solutions with multilayer security using opensource software. It will allow utilities, mu

WiSUN is an openstandard protocol that enables interoperable solutions with multilayer security using opensource software. It will allow utilities, municipalities, and other businesses to build longrange, lowpower wireless mesh networks that connect thousands of IoT nodes. The campus of IIITH is made up of sensor networks that monitor many sectors such as water, energy, air pollution, solar power, and so on. The WiSUN Smart City Living Lab at IIITHyderabad has opened its doors. The lab will convert all 100 campus lamps to smart streetlights in order to provide a dense and consistent network for additional sensors such as energy meters, interior installations, and so on, everywhere on campus.  Read More..

B2B Tech News | 2 years ago          

Top 15 StartUps in Singapore

Fintech, education, and healthcare startups led the list of Singapores LinkedIn Top Startups 2022. Financial technology startups dominate the Singapor

Fintech, education, and healthcare startups led the list of Singapores LinkedIn Top Startups 2022. Financial technology startups dominate the Singapore list, accounting for more than half of the top 15, followed by health care and edtech firms, said Adrian Tay, senior editor in Asia for LinkedIn News. This reflects the modern desires of Singaporean consumers, who want to manage their wealth, want more convenient healthcare services, and need services to cater to the ageing population, and also investing in their childrens future with appropriate education tools and resources. While these are difficult times, others claim that uncertainty breeds inventive ideas, according to LinkedIn. Financial Endowment Industry.  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.
   10549   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   8522   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   8865   

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.
   8975   

5.  Approximately 8 billion gadgets connect on the internet every day.
   12367   



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.