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Indias 5G spectrum auction earns $19 billion in 4 days

India bid for at least $19 billion on the fourth day of the 5G spectrum auction on Friday. The telecom giant has asked for the public powers it needs

India bid for at least $19 billion on the fourth day of the 5G spectrum auction on Friday. The telecom giant has asked for the public powers it needs for stateoftheart networks in the worlds secondlargest mobile phone market. Nextgeneration networks are considered essential for new technologies such as autonomous vehicles and artificial intelligence. More than 16 rounds of bidding have taken place in the Indian governments auction of airwaves for 5G services, according to the latest statewise data. This is despite concerns that some telcos stand to lose about 40% in potential revenues due to the allotment of some airwaves to enterprises for private networks. Read More..

B2B Tech News | 3 years ago          

Airtels African business reported a net profit of $178 million in the first quarter of FY23, up 25 percent from last year.

Airtels Africa business reported a net income of $178 million in the first quarter of fiscal 2023, up 25 percent yearonyear but down 26 percent due to

Airtels Africa business reported a net income of $178 million in the first quarter of fiscal 2023, up 25 percent yearonyear but down 26 percent due to increased costs. Nigeria has a national identification number. Airtels Africa business reported a net income of $178 million in the first quarter of 2023. Sales for the fiscal quarter ending June 2022 were up 13% year on year and 2.8% quarter on quarter. The average revenue per user ARPU was $2.9 in the second quarter, up 0.6% and 4.4% over a year. Read More..

B2B Tech News | 3 years ago          

Snyk Launches Cloud Security Solution for DevSecOps Teams

Snyk Cloud, the company behind Snyk Infrastructure as Code, has been created to allow global developers to take full ownership of their infrastructure

Snyk Cloud, the company behind Snyk Infrastructure as Code, has been created to allow global developers to take full ownership of their infrastructure in the cloud. This latest development was made possible by the acquisition of Fugue earlier this year, which unites Fugues cloud security posture management CSPM capabilities. Customers can now create a secure feedback loop from code to cloud and back to code, securing their cloud before deployment and maintaining its integrity while running. Cloud security is predicted to be worth $77.5 billion by 2026, and Snyk has joined forces with AppSec and CloudSec to create the first developer security product designed for the cloud era. The company has also introduced two new cloud security hires, Ashish Rajan and Shilpi Bhattacharjee, founders of the Cloud Security Podcast. Read More..

B2B Tech News | 3 years ago          

Meta no longer subsidizes its US news publishers

According to Axios, the news is not a priority because the company is making significant changes to the Facebook experience. Campbell Brown, Metas vic

According to Axios, the news is not a priority because the company is making significant changes to the Facebook experience. Campbell Brown, Metas vice president of media partnerships, told employees that the company is shifting resources away from news products to support creative initiatives. The company signed a threeyear contract worth $105 million with a US publisher in 2019. Campbell Brown, Metas vice president of media partnerships, citing sources, told employees that Meta is moving resources away from news products to support creative initiatives. Read More..

B2B Tech News | 3 years ago          

Huawei is expecting a mobile comeback with Harmony OS 3

Chinese telecommunications giant Huawei Technologies plans to release the third version of its operating system OS for mobile devices in September. Th

Chinese telecommunications giant Huawei Technologies plans to release the third version of its operating system OS for mobile devices in September. Three years ago, Shenzhenbased Huawei had to release HarmonyOS, or Hongmeng in Chinese, because smartphone users couldnt update apps with the Android operating system. In the first quarter of 2021, Honor recorded 6% sales growth while other major brands saw sales drop due to virus outbreaks and lockdowns in China. Oppo, Vivo, Apple, and Xiaomi saw sales growth of between 26.9% and 34.3% in 2021, while HarmonyOSpowered Honor saw a 24.5% decline. Chinese media said Honor could beat other players this year because it switched to using Android and other US components. Read More..

B2B Tech News | 3 years ago          

Austrian company DSIRF sells the malware SubZero

Microsoft says an Austrian company is using zeroday exploits and malware to compromise organizations. The company, DSIRF, allegedly targets organizati

Microsoft says an Austrian company is using zeroday exploits and malware to compromise organizations. The company, DSIRF, allegedly targets organizations using Windows and Adobe vulnerabilities as well as malware known as Subzero. One of the zerodays is CVE202222047, which was fixed as part of this months Patch Tuesday. Microsoft says it has multiple links between the DSIRF zeroday exploits and Subzero malware. Alleged victims of Subzero include banks, law firms, and strategic consultancies in countries such as Austria, Panama, and the UK. Microsoft tracked Subzero activity between 2021 and 2022, and found at least one instance where a victim had not commissioned any red teaming or penetration testing. Read More..

B2B Tech News | 3 years ago          

Glencore sells the Australian Yancoll package for 293 million dollars

Glencore has sold its 6.4% stake in Yancoal Australia in a block trade, valued at A$422m $293m, two sources familiar with the development told Reuters

Glencore has sold its 6.4% stake in Yancoal Australia in a block trade, valued at A$422m $293m, two sources familiar with the development told Reuters. The transaction comes almost a month after Chinese firm Yankuang Energys takeover offer for Yancoal was rejected by the shareholders of the latter and Glencore. The Swiss mining giant maintained that it would consider selling its stake at the right price. In a separate announcement, Glencore agreed on a coal supply deal with Japans Nippon Steel, at one of the highest prices ever paid. Read More..

B2B Tech News | 3 years ago          

Technologists require effective policies to maximize NFT and Metaverse opportunities

The experts spoke at the NigeriaBritish Chamber of Commerce NBCC technology event. Metaverse is a simulated digital environment that uses virtual real

The experts spoke at the NigeriaBritish Chamber of Commerce NBCC technology event. Metaverse is a simulated digital environment that uses virtual reality VR, augmented reality AR, and social media concepts to mimic the real world to create a virtual presence. There is a concern about money laundering because money moves in a distributed manner without the influence of governments or central banks. Digital artists and NFT creators should consider legal issues such as trademarks, copyrights, contracts, and licenses to avoid infringement or other penalties 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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