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Egyptbased OneOrder offers $6.5 million in working capital

Egyptian technology company OneOrder has raised $6.5 million in working capital from Contact Factoring, a subsidiary of Contact Financial Holding. The

Egyptian technology company OneOrder has raised $6.5 million in working capital from Contact Factoring, a subsidiary of Contact Financial Holding. The company provides restaurants, cafes, and hotels with onestop grocery stores that provide logistics services through software. Founded in 2021, OneOrder will use these funds to build a digital environment that can support restaurant owners through online shopping, MAGNiTT reports. Read More..

B2B Tech News | 3 years ago          

The US and Chinas tech competitions newest front

The CHIPS and Science Act stimulates semiconductor manufacturing and research in the United States. The bill provides more than $50 billion in additio

The CHIPS and Science Act stimulates semiconductor manufacturing and research in the United States. The bill provides more than $50 billion in additional funding and investments for the National Science Foundation, the Commerce Department and the National Institute of Standards and Technology. The technological arms race between the US and China spans everything from smartphones and mobile devices to social media and artificial intelligence. According to a recent analysis by the Center for Strategic and International Studies, China is growing rapidly in the semiconductor market, ranking first in the world in assembly, packaging and testing and fourth after the United States. Read More..

B2B Tech News | 3 years ago          

Iran Places First CryptocurrencyPowered Import Order

This week, Iran placed its first official import order using cryptocurrencies. The move could enable the Islamic Republic to circumvent U.S. sanctions

This week, Iran placed its first official import order using cryptocurrencies. The move could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy. It was a first step toward allowing the country to trade through digital assets that bypass the dollardominated global financial system. Tehran is one of the largest economies to adopt cryptocurrency technology, born in 2008, as a means of payment. A study found that 4.5% of all bitcoin mining was taking place in Iran, partly as a result of cheap electricity. The mining of cryptocurrency could help Iran earn hundreds of millions of dollars that can be used to buy imports and lessen the impact of sanctions. Central African Republic CAR, one of the worlds poorest countries, became the first African state to make bitcoin legal tender in April, and last month launched its digital coin. Read More..

B2B Tech News | 3 years ago          

Size, Share, and Forecast of the Global Smart Textiles for Wearable Technology Market to 2031

Intelligent textiles help carry technology market research for a new entry into accurate market data and contact with customers to understand needs an

Intelligent textiles help carry technology market research for a new entry into accurate market data and contact with customers to understand needs and preferences. The report includes the analysis of the electronic sector in major global regions North America, Latin America, Western Europe, South Asia, Southeast Asia, Australia, the Middle East, and North Africa and Africa. Primary and secondary research was combined to create an indepth report. This report includes regional and competitor analysis as well as the latest developments in global markets. Read More..

B2B Tech News | 3 years ago          

AppLovin Makes a $17.5 Billion Offer to Purchase Video Game Software Developer Unity

AppLovin Corp on Tuesday made an offer to acquire Unity Software Inc in a stock deal for $17.54 billion. The company reported $297 million in quarterl

AppLovin Corp on Tuesday made an offer to acquire Unity Software Inc in a stock deal for $17.54 billion. The company reported $297 million in quarterly revenue on Tuesday, growing 9% yearoveryear, while its operating loss widened. It comes as game developers and console makers warn of a slowdown in the sector as decadeshigh inflation and easing of COVID19 restrictions lead gamers to pick outdoor activities. AppLovin is offering $58.85 per Unity share, representing an 18% premium to Unitys closing price on Monday. Unity announced last month that it would acquire IronSource in a $4.4 billion stock deal. Read More..

B2B Tech News | 3 years ago          

Asian stocks are ahead of US inflation

Asian stocks are ahead of Wall Street ahead of US inflation data. Traders worry that pressure will be felt on prices as the central bank becomes more

Asian stocks are ahead of Wall Street ahead of US inflation data. Traders worry that pressure will be felt on prices as the central bank becomes more aggressive in reducing interest rates. This year, the central bank has raised rates four times, including twice by 0.75 percent. Investors fear that efforts by the Federal Reserve and other central banks to reduce inflation could derail global economic growth. Chipmaker Micron has warned that earnings will be lower than forecasts, leading to a decline in chipmakers. Shares of the Norwegian Cruise Line fell 10.6 percent after disappointing results and a weak earnings forecast. Read More..

B2B Tech News | 3 years ago          

Global food inflation is easing, but food uncertainties are holding back the broader easing

Due to drought, flooding, and extreme heat, supplies are limited and prices are high. On Friday, the US Department of Agriculture is expected to lower

Due to drought, flooding, and extreme heat, supplies are limited and prices are high. On Friday, the US Department of Agriculture is expected to lower its forecast for the US crop this year. The intense heat in Europe may cause a 5% decrease in the grain harvest for the European Union. In 2021–2022, the production of corn and soybeans worldwide fell 45 million tonnes short of initial projections. US The countrys largest wintersown crop withered in March as temperatures soared to the highest ever for the month on record going back to 1901. For a second day on Wednesday, Chicago soybean futures prices increased above $17 per bushel. Following the invasion, Chicago soybean futures rose above $17 per bushel. On Wednesday, they advanced for a second day, gaining 0.2% to $14.3125. Read More..

B2B Tech News | 3 years ago          

A promising start for Australias newest supercomputer

Soon after the first phases of the computer system were made available to researchers, Australias newest supercomputer, Setonix, was able to take extr

Soon after the first phases of the computer system were made available to researchers, Australias newest supercomputer, Setonix, was able to take extremely detailed pictures of the supernova remnant. The highspeed fiber was used to send this data to Perths Pawsey Supercomputing Research Center. Setonix, which takes its name from Western Australias beloved quokka Setonix brachyurus, is an important part of the Pawsey Centres $70 million capital improvement project. Two steps are taken to install the new supercomputer. Phase 2 is anticipated to be finished later this year, while Phase 1 is going well. The data gathered by ASKAP.Dr. is processed by Setonix. Read More..

B2B Tech News | 3 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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