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Ciscos latest technology company withdraws from Russia and Belarus

Cisco Systems is the latest international technology company to reduce operations in Russia and Ukraine. This release follows IBMs recent decline in R

Cisco Systems is the latest international technology company to reduce operations in Russia and Ukraine. This release follows IBMs recent decline in Russia, where employees have been laid off. Microsoft also began a significant downsizing of its operations in Russia earlier this month, three months after the tech giants teamed up with Apple and SAP to stop sales in the country. Read More..

B2B Tech News | 2 years ago          

Colombian startup Morado raises $ 5 million to digitize beauty salons

Morado, a Colombian startup that offers beauty salons and spas a Marketplace of supplies of all kinds beauty products, uniforms, furniture giving them

Morado, a Colombian startup that offers beauty salons and spas a Marketplace of supplies of all kinds beauty products, uniforms, furniture giving them credits, nextday delivery, and other digital stores related services. Morado, a beauty tech startup, raises US$5 million in a preseed round. Private equity firms Tiger Global, H20 Capital, A16z, and QED Fontes participated in the round.The company has said it will use this financing to expand its operation in Colombia, where it already has 60 employees, and expand into Mexico by the end of this year. Read More..

B2B Tech News | 2 years ago          

Indias progress is driven by technology, innovation and startups

Prime Minister Narendra Modi said on Wednesday that Indias success depends on innovation and technologydriven growth by startups. India supports innov

Prime Minister Narendra Modi said on Wednesday that Indias success depends on innovation and technologydriven growth by startups. India supports innovation in all sectors, including drones, green energy, and aerospace. Prime Minister Modi said Indias digital sector will be worth more than $ 1 trillion by 2025. Transformative changes are taking place in every sector of emerging New India. Read More..

B2B Tech News | 2 years ago          

Kumasi uses greenhouse technology

Greenhouse cultivation is the production of crops indoors, during construction, or in enclosures to provide suitable growing conditions and to protect

Greenhouse cultivation is the production of crops indoors, during construction, or in enclosures to provide suitable growing conditions and to protect against pests, diseases, and adverse weather conditions. Today, much of the citys agricultural land, formerly known as the Garden City of West Africa, has been devastated by the development. The Ministry of Agriculture, Food, and Rural Affairs said the measure will have a major impact on urban agriculture in all units. According to him, the council has worked with institutions such as Kwame Nkrumah University of Science and Technology KNUST, the Youth Greenhouse Enterprise project, and Dizengoff Ghana to implement the citys vision. Read More..

B2B Tech News | 2 years ago          

STAR.VISION uses the AI ​​CVPR 2022 satellite in the space age

STAR.VISION won two runnerup prizes in the Multimodal Learning for Earth and Environment MultiEarth 2022 Challenge on 19 June at the IEEE Internationa

STAR.VISION won two runnerup prizes in the Multimodal Learning for Earth and Environment MultiEarth 2022 Challenge on 19 June at the IEEE International Conference on Computer Vision and Pattern Recognition CVPR 2022. The computer vision event was held in New Orleans, USA. With STAR.VISION satellites can be used in multiple multiscenario functions for all weather conditions in the fields of space awareness, use of space resources, Earth observation, communications and computing platforms. This sector benefits from global markets in more than 40 countries with customers in China, the Middle East, North Africa, Southeast Asia and South America. Read More..

B2B Tech News | 2 years ago          

Fitch removes Eurohold Bulgaria from negative watchdog ratings, stable outlook

After reiterating a stable outlook, Fitch Ratings has maintained Eurohold Bulgarias LongTerm Issuer Default Rating IDR of B and taken it off of Rating

After reiterating a stable outlook, Fitch Ratings has maintained Eurohold Bulgarias LongTerm Issuer Default Rating IDR of B and taken it off of Rating Watch Negative RWN. The shift in group structure and financial profile led to the decision. Given its structural subordination, Euroholds IDR is scored two levels lower than the deconsolidated profile. The assessment takes into account Euroholds intricate group structure, sizeable related party transactions, and poorer level of financial transparency compared to its EU counterparts. In the medium term, we anticipate that solid operating cash flows and moderate capital spending will support deleveraging. Read More..

B2B Tech News | 2 years ago          

Mexicos central bank raises interest rates to 7.75%

The Banco de Mexico announced a threequarterpoint increase in its prime interest rate. Inflation hit an annualized rate of 7.88% in the first half of

The Banco de Mexico announced a threequarterpoint increase in its prime interest rate. Inflation hit an annualized rate of 7.88% in the first half of June. The bank doesnt expect to achieve its 3% inflation rate target until the second half of 2024. The bank says global inflation continues to rise, and the rise may not be the last. Alfredo Coutiño, director of Moodys Analytics, said in a report that Mexicos key rate will continue to tighten in a context of increasing risk of deterioration in expectations and continued market volatility. Read More..

B2B Tech News | 2 years ago          

Amid a crypto investigation, South Korea bans dozens from traveling.

South Korean prosecutors have stopped dozens of people linked to Terraform Labs from leaving the country as they expand an investigation into the comp

South Korean prosecutors have stopped dozens of people linked to Terraform Labs from leaving the country as they expand an investigation into the companys $40 billion cryptocurrency meltdown that devastated traders around the world. Daniel Hong, a former Terraform developer, tweeted that he, was banned from leaving the country on July 19. The collapse of TerraUSD and Luna affected around 280,000 South Korean investors. Hong tweeted, Stop asking me why I didnt go to NYC Frens heres why The Korean government has imposed a travel ban on everyone. Read More..

B2B Tech News | 2 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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