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With its most recent preseed, Cazoo of Egypt hopes to disrupt the used car market for $30 million

Khorsami, an Egyptian online retailer of quality used cars and car finance, has secured seed funding led by Contact Financial Holdings. Karzemi plans

Khorsami, an Egyptian online retailer of quality used cars and car finance, has secured seed funding led by Contact Financial Holdings. Karzemi plans to use the funding to transform Egypts used car market with a goal of $30 million in revenue by 2024. The company strives to constantly increase its inventory, expand its transport fleet, improve its operating technology and create a modern restoration center. Karzami founders Hossein Hosseini and Adham Hosni said “We aim to change the way used cars are bought and sold by providing a onestop shopping platform that offers premium buying, selling and financing options. Read More..

B2B Tech News | 3 years ago          

Indonesian consumers are given back ownership of their credit data by SkorLife

SkorLife is an app that lets people see their credit histories for free. It also gives personalized advice on how to improve data. The Jakartabased st

SkorLife is an app that lets people see their credit histories for free. It also gives personalized advice on how to improve data. The Jakartabased startup announced today that it has raised $ 2.2 million in preseed funding. SkorLife currently employs 10 people and plans to increase the number of employees to 40SkorLife is a new startup that allows people in Indonesia to access their credit history and scores.SkorLifes founders say that creditworthiness is underused in Indonesia, where most financial institutions evaluate a persons ability to obtain credit lines based on their income. Customers can request data from OJK Indonesian Financial Services Authority or go to three licensed credit bureaus for free or for paid access. Read More..

B2B Tech News | 3 years ago          

The Australian government announces the first offshore wind farms

The Gippsland region off the Victorian coast has been chosen as a potential area for development of offshore renewable energy projects. This is the fi

The Gippsland region off the Victorian coast has been chosen as a potential area for development of offshore renewable energy projects. This is the first major announcement under the 2021 Offshore Electricity Infrastructure Act, which provides for the development of an offshore wind industry in Australia. The federal government has begun a consultation exercise on the proposal to declare the area suitable for development. Once a declaration is made, the minister will grant feasibility licences to developers. Developers have been given seven years to investigate and plan their project.Feasibility licences will give them time to consider a range of factors including the environment, native title interests and the potential impact on commercial and recreational fishing in the area. Read More..

B2B Tech News | 3 years ago          

Indian court orders Telegram to release details on copyright infringing channels

An Indian court has ordered messaging app Telegram to post details of channels involved in copyright infringement. The Delhi High Court ordered the Du

An Indian court has ordered messaging app Telegram to post details of channels involved in copyright infringement. The Delhi High Court ordered the Dubaibased company to provide details such as mobile numbers, IP addresses and email IDs used to upload infringing content.This appears to be the first time a court orders an app to disclose user data specifically related to copyright infringement anywhere. The company argued that disclosing user information would violate its privacy policy and the laws of Singapore, where it has located its physical servers. The court said that copyright owners couldnt be left completely remediless against the actual infringers because Telegram has chosen to locate its servers in Singapore. Read More..

B2B Tech News | 3 years ago          

Reports with nonaggregated data are pale for digitization

Seafarers must fill out dozens of spreadsheets to satisfy the whims of various charterers and shipowners departments. Most of these reports can be sim

Seafarers must fill out dozens of spreadsheets to satisfy the whims of various charterers and shipowners departments. Most of these reports can be simplified and consolidated. Data is a powerful tool that can make transportation clean, green and safe. However, if you let tired sailors spend most of their time working on spreadsheets, you risk missing out on the benefits of digitization. Read More..

B2B Tech News | 3 years ago          

China urges US to lift tech export ban after Nvidia warning

Chinas Ministry of Commerce has accused the US of abusing export controls. He said trade restrictions would hamper supply chains and the global econom

Chinas Ministry of Commerce has accused the US of abusing export controls. He said trade restrictions would hamper supply chains and the global economic recovery. Nvidia said on Friday it would require a US government authorization to export products with performance equivalent to its A100 GPU chip to China, Hong Kong or Russia. Chinese Foreign Ministry spokesman Shu Jueting said it strongly opposes the move. US officials say we must limit the spread of weaponsgrade technology. Read More..

B2B Tech News | 3 years ago          

By 2030, the global space tourism market will reach $8.67 billion

The space tourism market is expected to reach $8.67 billion by 2030. It is projected to grow at a CAGR of 37.1% between 2022 and 2030. Wealthy people

The space tourism market is expected to reach $8.67 billion by 2030. It is projected to grow at a CAGR of 37.1% between 2022 and 2030. Wealthy people looking for a unique experience will be willing to pay for space tourism. The black carbon emitted from 1,000 space tourism flights will raise the temperature in Antarctica by 1 degree Celsius. Space tourism is chosen by wealthy families, wealthy individuals, or anyone with enough money who wants a different experience. Read More..

B2B Tech News | 3 years ago          

Samsung will provide private 5G network systems to the public and private sectors in South Korea

The government has chosen Samsung Electronics to provide various 5G technologies to five government agencies and private organizations. The project is

The government has chosen Samsung Electronics to provide various 5G technologies to five government agencies and private organizations. The project is designed to allow nontelecom operators to build and operate the 5G networks using the dedicated 4.7GHz and 28GHz frequency bands. In the public sector, Samsung works with three major government agencies to ensure workplace safety and efficiency. The government agency Korea Industrial Complex Corporation is to deploy a 5Gdriven digital safety platform at various work sites. Samsung builds smart monitoring systems based on artificial intelligence to help detect fire hazards and other security threats or emergencies in realtime. Two of the largest and most technologically advanced hospitals are to implement enhanced medical services and immersive use cases. Read More..

B2B Tech News | 3 years 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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