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Asia is adopting the trend as the race for a new computing technology heats up.

Quantum computing refers to the use of quantum mechanics to perform computations. Several countries are competing to make quantum computers fully oper

Quantum computing refers to the use of quantum mechanics to perform computations. Several countries are competing to make quantum computers fully operational. Quantum computing can perform multiple processes simultaneously using quantum bits, unlike binary bits which allow for traditional processing. The new technology could affect everything from drug discovery to how data is protected. Investments in quantum computing have increased 80% since 2018 and there is a new motivation in space. Around $4.2 billion has been pledged worldwide to support quantum research. Researchers have touted breakthroughs and debates are simmering over whether China has outperformed the United States on some fronts. The benefits of quantum computing will not be immediately obvious to everyday consumers. Read More..

B2B Tech News | 2 years ago          

Goldman lends Latin American fintech company Xepelin $140 million.

Goldman Sachs is providing $140 million to Chilean fintech Xepelin Holdings Inc. The assetbacked loan will be released in two tranches, the first for

Goldman Sachs is providing $140 million to Chilean fintech Xepelin Holdings Inc. The assetbacked loan will be released in two tranches, the first for $40 million and the second for $100 million. Goldman has provided loans to several startups in the region. It participated in Nubanks $650 million line of credit earlier this year and has committed $160 million in 2021. Xepelin estimates the businesstobusiness payments market in Latin America is worth up to $8 trillion. PayPal Ventures and Carlos Garcia, the founder of used car startup Kavak, are among the supporters of Xepelin. The company has generated over $ 1.2 billion in financing. Read More..

B2B Tech News | 2 years ago          

Minorityowned businesses in Europe contribute more than €570bn to economy despite huge challenges, report says

Open Political Economy Network OPEN launches its Minority Businesses Matter Europe report. The report examines the contribution and challenges of ethn

Open Political Economy Network OPEN launches its Minority Businesses Matter Europe report. The report examines the contribution and challenges of ethnic minority entrepreneurs across Europe. Minority businesses have a combined turnover of at least €570 billion in Europe, account for at least 4.7% of all businesses, and employ at least 2.7 million people. Germany makes the highest contribution €191 billion, followed by France €120 billion and the Netherlands €88 billion. Three in five people in the EU say that discrimination based on ethnic origin or skin color is widespread, according to a report by the organization OPEN. The report notes that despite these challenges, many minority businesses still succeed. It proposes three recommendations for opening up data, combating discrimination, and making the most of entrepreneurs diversity. Read More..

B2B Tech News | 2 years ago          

NowNow plans to raise $13 million and expand its ecosystem of financial products in Africa.

Agency banking startups are the leading innovators in this space. NowNow Digital Systems has raised $13 million in a seed round that will help the fou

Agency banking startups are the leading innovators in this space. NowNow Digital Systems has raised $13 million in a seed round that will help the fouryearold startup expand its service offerings across Africa. Like other bank agent platforms like OPay, TeamApt, and Nomba, the flagship product has more than 50,000 agents across the country. NowNow targets 5,000 small and medium enterprises with businessinabox BIT solutions that include NFC technology by the end of this year. The fintech claims to serve 200,000 customers. We plan to increase this number to 1000 by the end of this year. We are operating in both the consumer and businesstobusiness sectors, and we are the first company in Nigeria to provide an integrated platform for SMEs that includes logistics. Read More..

B2B Tech News | 2 years ago          

Internet service providers withdraw their lawsuit against the US privacy law

The organizations, including Koreas largest telecommunications operator, filed a lawsuit to dismiss the lawsuit. A federal judge rejected the request,

The organizations, including Koreas largest telecommunications operator, filed a lawsuit to dismiss the lawsuit. A federal judge rejected the request, but the legal battle continued. Maine is also home to another privacy law governing the use of facial recognition technology. This law is often referred to as the strictest law in the United States. The state of Maine has made one of the strictest regulations in the United States for Internet service providers. A group of telecommunications providers has withdrawn a proposal to repeal the main standard. The law prohibits service providers from using, disclosing, selling, or accessing their customers personal information without permission. A federal judge rejected the request, but the legal battle continued. Read More..

B2B Tech News | 2 years ago          

Video Management Software VMS Market will exceed USD 32.68 Billion by 2029 at a CAGR of 21.46% along with size, share, emerging trends, analysis of key players and market growth factors.

Data Bridge Market Research recently published a global research report titled Global Video Management Software VMS Market. The report focuses on glob

Data Bridge Market Research recently published a global research report titled Global Video Management Software VMS Market. The report focuses on global major players providing information such as company profiles, product images, and specifications. The Video Management Software VMS market report covers the current and historical market scenarios, and market development patterns, and is likely to continue to evolve during the forecast period. Several analytical tools such as SWOT analysis and Porters five forces analysis have been used to accurately understand this market. The global video management software VMS market was valued at USD 6.9 billion in 2021 and is expected to reach USD 32.68 billion by 2029, growing at a CAGR of 21.46% during of forecast 20222029. Read More..

B2B Tech News | 2 years ago          

The deals with the US hit Chinas technology ambitions by banning Nvidia chips

Without a license from Washington, Nvidia can no longer sell certain highend chips in China. These AI models are trained using these accelerators insi

Without a license from Washington, Nvidia can no longer sell certain highend chips in China. These AI models are trained using these accelerators inside data centers for projects like autonomous driving. Before enacting trade restrictions, Washington did not indicate that they were under consideration. Nvidia is a leading supplier of autonomous control hardware. Nvidia has been informed by Washington that the new curbs are intended to stop the use of cuttingedge AI technology for military purposes. China implores the U.S. to immediately stop the practice and treat businesses from all nations equally. Read More..

B2B Tech News | 2 years ago          

Aon declares the beginning of its strategy and technology group

Aon president Eric Andersen Insurers need the resilience and capacity to address increasing current and future risks STG will initially focus on the p

Aon president Eric Andersen Insurers need the resilience and capacity to address increasing current and future risks STG will initially focus on the property & casualty and life sectors. Chairing STG is Nick Frankland, who hired Forrest and Allison and whose previous roles include UK CEO of Aons reinsurance solutions. However, these challenges also present opportunities for companies to reinvigorate their businesses and differentiate themselves in the marketplace. Becky Allison, former EMEA Europe, Middle East, and Africa operations director for insurance consulting technology at WTW, has come on board as STGs chief operating officer. 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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