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To concentrate on its asset management and custody businesses, EQONEX is streamlining its operations

EQONEX, a digital assets financial services company, announced that it is taking decisive action to streamline its operations. The Company will proact

EQONEX, a digital assets financial services company, announced that it is taking decisive action to streamline its operations. The Company will proactively exit the crowded crypto exchange space by winding the Exchange. EQONEXs Asset Management business encompasses Investment Products as well as Bletchley Park, a fund of crypto hedge funds. Digivault is in the unique position of being one of only a few digital asset custody providers to be registered with the Financial Conduct Authority in the UK. The Companys focus on regulation and governance has also been a driving feature since its inception, and it plans to continue its efforts to secure regulatory licenses for its ongoing businesses. CEO Jonathan Farnell said, We take a realistic view that our exchange will not move the needle for us financially over the neartomedium term. Read More..

B2B Tech News | 3 years ago          

Asian stock markets were mixed after China cut key tariffs and Japans GDP rose

Asian stocks were mixed on Monday after Chinas central bank lowered a key interest rate. According to official data, from April to June of last year,

Asian stocks were mixed on Monday after Chinas central bank lowered a key interest rate. According to official data, from April to June of last year, Japans economy grew at a rate of 2.2%. The Thai economy expanded at a quarterly rate of 0.7%, down from 1.1% in the first quarter of the year. On Wednesday, indexes saw significant gains after a report revealed that inflation had decreased more than anticipated. The 10year Treasurys yield decreased from 2.88% to 2.84% by late Thursday. The Federal Reserve may scale back interest rate increases, which are its primary weapon in the war against inflation. Read More..

B2B Tech News | 3 years ago          

A modern risk broker covers the problems of a startup

Geoff Stooke is a specialist broker who finds investors and provides risk advice and insurance offerings for startups. He said Australian technology b

Geoff Stooke is a specialist broker who finds investors and provides risk advice and insurance offerings for startups. He said Australian technology businesses are starting to think more globally to find investors and capture larger markets. Stooke gave the example of Tokyoheadquartered SoftBank Groups substantial loss this week which he said was due to writedowns in valuations of some tech companies. Modern Risk is a Sydneybased startup consultancy specializing in the consumerrelated tech sector. Digital health has proven to be recessionproof, says cofounder and CEO of Modern Risk David Stooke. Digital transformation creates great opportunities in all areas of your business. Modern Risks clients are looking for what he described as repeatable and scalable models. Read More..

B2B Tech News | 3 years ago          

Rupununi communities are testing a new health technology plan

Public health professionals can access the expertise of Georgetown physicians and other professionals through phones, laptops, and other electronic de

Public health professionals can access the expertise of Georgetown physicians and other professionals through phones, laptops, and other electronic devices. Dr. Anthony said the focus is on ensuring that all medical centers have good internet connections. Sometimes it is very difficult to develop certain skills in each institution, he admits The minister also said that the focus will be on ensuring good internet connections at all public health centers. Read More..

B2B Tech News | 3 years ago          

Oyster product business opportunity for Jamaica

The National Fisheries Authority NFA promotes oyster production in Jamaica. Oysters are regularly sold at events, parties, dance venues, and by catere

The National Fisheries Authority NFA promotes oyster production in Jamaica. Oysters are regularly sold at events, parties, dance venues, and by caterers. According to the NFA, oyster production has the lowest initial cost. Those interested in oyster production must work in shallow or sheltered bay areas. Good Bay is generally located in St. Marys and St. It is located on the south and northeast coasts, including Thomas. Because oysters are a filter feed, there are no import costs like feed. Read More..

B2B Tech News | 3 years ago          

Amazon fined for violating Spanish labor law

The ecommerce giant has been scrutinized by local labor authorities for years over its subcontracting practices. The latest €3.2m fine follows a 202

The ecommerce giant has been scrutinized by local labor authorities for years over its subcontracting practices. The latest €3.2m fine follows a 2020 fine of more than €800,000 for labor law offenses. Amazon has been contacted for comment. Instead of more targeted labor reforms aimed at ondemand delivery platforms that use socalled gig labor instead of hiring delivery drivers, Amazons practice is challenged by its broader bill of workers rights. Policy and enforcement issues related to employment practices that can lead to precarious employment conditions that expose workers to conditions and benefits inferior to those of direct employment. Read More..

B2B Tech News | 3 years ago          

Abrdn Digital Assets Exchange Buys Archax Shares

British asset manager abrdn has bought a stake in digital assets exchange Archax for an undisclosed sum. The move comes amid a wider push by investors

British asset manager abrdn has bought a stake in digital assets exchange Archax for an undisclosed sum. The move comes amid a wider push by investors into cryptoassets despite a recent plunge in value. Archax was the first digital securities exchange to win regulatory approval from the Financial Conduct Authority. The companys move comes after Blackrock launched a spot bitcoin private trust earlier this month. The move reflects a surge in interest in digital assets from institutional investors. Abrdn reported lowerthanexpected profits earlier this week. Read More..

B2B Tech News | 3 years ago          

Egypt first uses metaverse technology to improve education and services

The Ministry of Regional Development works to strengthen the skills of employees working in the region. In a few days, the Ministry of Education will

The Ministry of Regional Development works to strengthen the skills of employees working in the region. In a few days, the Ministry of Education will begin the implementation of the training plan for the citys civil servants for the fiscal year 2022/2023 through 155 courses and seminars. This is a 27% increase on the number of training sessions last year. To improve services for citizens, we offer a metaverse application course for local employees. A virtual environment similar to a real technology center where services can be accessed from home via the Internet. The courses are taught by certified trainers at the Regional Development Center in Saqqara. 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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