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Eric Schmidt has urged the United States to rely on TSMC and Samsung for chip security.

The US should do more to attract overseas chipmakers to build plants on its soil, Eric Schmidt wrote in an opinion piece published Monday. Schmidt urg

The US should do more to attract overseas chipmakers to build plants on its soil, Eric Schmidt wrote in an opinion piece published Monday. Schmidt urged the United States to reduce its dependence on Taiwan and South Korea for the most advanced semiconductors that power everything from smartphones to ballistic missiles. The US should redouble its efforts to bring TSMC and Samsung on shore, say Schmidt and Allison. The US should lean into its strengths of research and development, manufacturing less advanced but more widely used slower chips through the likes of Intel and GlobalFoundries, they argue. Read More..

B2B Tech News | 2 years ago          

Omio raises $80 million as travel demand recovers following the COVID19 issue.

Omio, the Berlinbased travel booking platform, saw 98% of its revenues evaporate overnight when COVID19 hit Europe back in Spring 2020. Today its repo

Omio, the Berlinbased travel booking platform, saw 98% of its revenues evaporate overnight when COVID19 hit Europe back in Spring 2020. Today its reporting revenues that have rebounded to more than double prepandemic levels. Its also announcing the close of an $80M Series E.Omio is not disclosing a valuation for its business at the latest raise but thats essentially a point of principle for Shaam. We dont comment on valuation ever he says Im building a business for the long term so Ive never really focused on that. Were getting more efficient with scale ,and as we grow, he tells us, you lose some efficiency ,and you have to catch up. When asked whether Omio is planning an IPO, CEO Shaam says its a little premature for such plans at present. It has ,been able to respond to growing concerns around climate goals and the need to shrink the travel sectors emissions. He says Omio has emerged as a stronger leaner and more missioncommitted company as a result of what he calls hard moments. Read More..

B2B Tech News | 2 years ago          

Tokens.com announces an exclusive gaming partnership with the Democratic Republic of the Congo

Token.com Corp. NEO Exchange Canada COINFrankfurt Stock Exchange 76M OTCQB US SMURF is pleased to share that its subsidiary, Hulk Labs, has entered in

Token.com Corp. NEO Exchange Canada COINFrankfurt Stock Exchange 76M OTCQB US SMURF is pleased to share that its subsidiary, Hulk Labs, has entered into a playtoearn partnership with the Democratic Republic of Congo. Tokens.com and Hulk Labs work with several local companies and universities in the DRC to find and train players. The DRC government will support the initiative by providing highquality internet access and other local resources to support the Hulk Lab and Player ecosystem. Read More..

B2B Tech News | 2 years ago          

In 2021, the number of foreign employees in the public sector will increase by 43.9%.

The Central Agency for Public Mobilisation and Statistics had issued on Monday its Annual Bulletin for Foreign Employees in Governmental & Public/Publ

The Central Agency for Public Mobilisation and Statistics had issued on Monday its Annual Bulletin for Foreign Employees in Governmental & Public/Public Business Sectors for the year 2021. European countries are responsible for most of the total foreign labor force in the government sectors. Egypt saw an increase of 43.9%, affected by the recovery from the coronavirus pandemic and increased national projects. Next comes nonArab Asian expats at 418 24.8%, while countries of Oceania — Australia, New Zealand, New Guinea — represent the lowest numbers, recording 49 foreigners only 2.9%. Read More..

B2B Tech News | 2 years ago          

As India lags Elon Musk, Indonesia dives to seize Teslas manufacturing opportunities

Indonesia is attempting to persuade Elon Musk to locate Teslas manufacturing facilities in the country. President Joko Widodo of Indonesia has stated

Indonesia is attempting to persuade Elon Musk to locate Teslas manufacturing facilities in the country. President Joko Widodo of Indonesia has stated that the government is in talks with Tesla, Ford, and other car companies about establishing facilities. After US President Joe Biden hosted a summit for Southeast Asian leaders in May, Widodo met with Tesla CEO Elon Musk. Due to difficult business conditions and tax issues, Tesla and Ford have scaled back their expansion plans in India. Read More..

B2B Tech News | 2 years ago          

The Saudi Alhokair family will acquire 4.99% of the capital of valU. In Cairo

ValU, MENAs leading BuyNow, PayLater BNPL platform, announced Monday that Saudi Alhokair Family signed an agreement to acquire a 4.99% stake in valU t

ValU, MENAs leading BuyNow, PayLater BNPL platform, announced Monday that Saudi Alhokair Family signed an agreement to acquire a 4.99% stake in valU through a capital injection of $12.4m. The transaction puts valU, the largest BNPL provider in Egypt, at USD 247.4 million valuations. ValU entered the Saudi Arabian market last week through FAS Finance, a joint venture with FAS Labs. The companys CEO Walid Hassouna, says the move shows investors interest in the NBFI space in Egypt and the rest of the region. Last month, EFG Hermes Holding and Amazon entered into an option agreement whereby Amazon agreed to acquire $10m in the ecommerce giants GDRs. Read More..

B2B Tech News | 2 years ago          

Consumers are warning of smart WiFi tracking technology used by companies to track movements

Almost every store has a WiFi network that shoppers can use. Some stores are now also using facial recognition technology. Internet 2.0 security engin

Almost every store has a WiFi network that shoppers can use. Some stores are now also using facial recognition technology. Internet 2.0 security engineer Rafig Jabrayilov says PII Personally Identifiable Information is objectionable under privacy law because it only offers information about the device. Most Android and iPhone devices now had a feature that made tracking particularly difficult. MAC address randomization generates fake MAC addresses while you are in business. 20 MAC addresses are generated every 40 minutes, making it nearly impossible for the retailer to get accurate information. Read More..

B2B Tech News | 2 years ago          

The US head of the Central Bank says inflation will not fall below 2% of the plan in two years

Cleveland Federal Reserve Bank President Loretta Mester says it will take two years for inflation to fall to the central banks 2% target. Mester said

Cleveland Federal Reserve Bank President Loretta Mester says it will take two years for inflation to fall to the central banks 2% target. Mester said the slowdown did not lead to a recession. Inflation is at its highest level in 40 years and has made hawks of nearly all Fed policymakers. They do have growth slowing to a little bit belowtrend growth, and the US has the unemployment rate moving up. A year ago, most policymakers thought the rate would need to stay near zero until 2023. 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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