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Singapores GIC Technical Decline, Crypto Finance Good Thing

As a result of the global slowdown in startup funding, investors will be able to find more promising businesses. In contrast, during the time of easy

As a result of the global slowdown in startup funding, investors will be able to find more promising businesses. In contrast, during the time of easy money, many industries were overcrowded. Singapores GIC sovereign wealth fund reported a 4.2 percent annualised 20year real rate of return for the fiscal year ending in March.GIC has been expanding its involvement in startup venture capital. The fund established a specialised investment group with a focus on tech companies in 2017. Due to uncertainties regarding the markets future course, GIC will continue to take a cautious approach generally. It will strengthen its commitment to its core investment tenets. Read More..

B2B Tech News | 3 years ago          

The stocks for information technology has taken a dive

IT stocks were trading in the negative zone, with the S&P BSE IT Sector index down 653.14 points or 2.27%. Among the losers were Persistent Systems Lt

IT stocks were trading in the negative zone, with the S&P BSE IT Sector index down 653.14 points or 2.27%. Among the losers were Persistent Systems Ltd down 4.94%, Brightcom Group Ltd, and L&T Technology Services Ltd. On the other hand, Cerebra Integrated Technologies Ltd up 17.18% moved up. Among the components of the S&P BSE IT Sector index, Tanla Platforms Ltd down 20%, Ramco Systems Ltd down 9.78%,Mphasis Ltd down 5.74%,Sonata Software Ltd down 5.46%,Intellect Design Arena Ltd down 5.32%, were the top losers. Read More..

B2B Tech News | 3 years ago          

Algeria announced three discoveries all containing gas

Algerian state oil company Sonatrach has made a trio of gas, oil, and condensate discoveries across three separate basins. The European Union is incre

Algerian state oil company Sonatrach has made a trio of gas, oil, and condensate discoveries across three separate basins. The European Union is increasingly looking to Algeria to offset Russian piped gas supplies, so these fresh finds will be welcomed in Algiers and Brussels. Sonatrach and partner Eni have made three gas and condensate discoveries in Morocco, opening up what appears to be a new gas play in the Illizi basin. The operators said they achieved interesting gas production while testing reservoirs in the Lower Devonian reservoir. In Ekker Sud West1 and Rhourde Oulad Djemaa Ouest1 probes hit oil and associated gas in the Sif Fatima 2 license. Read More..

B2B Tech News | 3 years ago          

Intel plans to produce chips for Taiwanese MediaTek to keep pace with Asian rivals in manufacturing

Intel makes semiconductors for Taiwans MediaTek, which will be a huge boost for US companies to produce contract chips. Via its foundry business, Inte

Intel makes semiconductors for Taiwans MediaTek, which will be a huge boost for US companies to produce contract chips. Via its foundry business, Intel will manufacture chips that other companies design. The manufacturing of the most advanced chips is not something many companies can do and is dominated by TSMC and Samsung. Intel has signed a contract with Taiwans MediaTek to produce chips for a variety of smart peripherals.. Chip companies around the world have been focusing on strengthening their supply chains and diversifying production amid a global chip shortage.As demand for chips continues to grow, Intel and its Asian competitors plan to increase spending on foundry production. But Intel is way behind but getting MediaTek as a customer will help the company. MediaTek became the largest company in its segment with a 38% share of the smartphone application processor market in the first quarter. Read More..

B2B Tech News | 3 years ago          

Whether or not your AI company is European, make sure it complies with EU data laws.

Data is required for the refinement of most cuttingedge technology, and it will only become more important as we develop more sophisticated AI and ML

Data is required for the refinement of most cuttingedge technology, and it will only become more important as we develop more sophisticated AI and ML models. There are strict regulations around how data can be used, particularly within the EU. These regulations affect AI companies the world over because they restrict how data is moved out of the bloc – to servers in the US, say. Since then, many companies have been involved in legal disputes over how their algorithms work within the confines of EU law. Even if you dont want to do business in Europe, that doesnt mean youll be able to avoid the hand of European law. Hope has arrived in the form of the TransAtlantic Data Privacy Framework but adoption is still some way off. Read More..

B2B Tech News | 3 years ago          

Newsmeter adds that Meta is expanding its thirdparty verification program in India

Meta on Tuesday announced that it is expanding its thirdparty factchecking program in India to include NewsMeter, a fact checker primarily focused on

Meta on Tuesday announced that it is expanding its thirdparty factchecking program in India to include NewsMeter, a fact checker primarily focused on the southern states in the country. The partnership will help connect people to accurate and verified information in regional Indian languages including Telugu, Kannada, Malayalam, and Tamil. Meta has increased its Hindi language coverage from 11 to 15 through its existing validation partners, which include Kashmiri, Bhojpuri, Oriya and Nepali. Read More..

B2B Tech News | 3 years ago          

Small farms in Egypt are very important, but they face many challenges

Despite their crucial role in providing food for the North African nations 103 million people, smallholders are frequently selling their harvests at a

Despite their crucial role in providing food for the North African nations 103 million people, smallholders are frequently selling their harvests at a loss. According to the United Nations, small farms are the primary producers of food for domestic consumption in Egypt. They produce some 47% of Egypts field crops, the FAO calculates. By June, farmers had provided more than 3.5 million tonnes of wheat, over half the domestic supply goal for August, and equal to the total amount supplied in 2021. When things got tough, it went back to compulsory delivery, but this time without the services that came with it, said by Agriculture Minister Abdelhamid Nour. Read More..

B2B Tech News | 3 years ago          

Alibaba is scaling back its global expansion plan to compete with Amazon

Three years ago, Alibaba launched a B2B ecommerce site in the US. The project was also affected by dozens of employees leaving the New York office. Th

Three years ago, Alibaba launched a B2B ecommerce site in the US. The project was also affected by dozens of employees leaving the New York office. The company has now scaled back its goal of hiring 1 million small businesses in the United States to 2,000 a year. According to sources, at least 35 Alibaba.com employees in New York have left the company in the past year. This includes intimidation from upper management and complaints about long working hours. Many roles will not be replaced by platforms quietly exiting the US market. 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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