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South Korea plans to invest 340 trillion won for a chip supremacy

On Thursday, the South Korean government pledged financial and regulatory support to open the door for the chip industrys $259 billion in investment o

On Thursday, the South Korean government pledged financial and regulatory support to open the door for the chip industrys $259 billion in investment over the following five years. The top two memory chip manufacturers in the world, Samsung Electronics and SK Hynix, are based in South Korea. By 2030, South Korea will hold a 10% market share for advanced logic chips. The government wants to localise 50% of the essential components, parts, and machinery for chips. The trade minister emphasises that when negotiating with the USled chip alliance, national interests should take precedence. Read More..

B2B Tech News | 2 years ago          

Entravision expands its digital partnership with Meta in Honduras and El Salvador, expanding the Latin American partnership to 11 countries

Entravision will become an authorized sales partner for Meta, which owns the Facebook, Instagram, and WhatsApp platforms. Entravision Cisneros Interac

Entravision will become an authorized sales partner for Meta, which owns the Facebook, Instagram, and WhatsApp platforms. Entravision Cisneros Interactive provides local currency support, consulting, training, and billing to help businesses achieve their advertising goals. The new offices in Honduras and El Salvador will join the 16 existing markets in Latin America. Entravision Cisneros Interactive and Meta are expanding their presence in Honduras and El Salvador. By 2021, more than 5,000 people, including advertisers and agencies, will be trained to use the meta platform. We are very excited to expand this successful program, said Christian Pretelt, regional sales leader for Meta, Latin America. Read More..

B2B Tech News | 2 years ago          

Fairbanc recommends BNPL to small traders in Indonesia

Buy Now Pay Later BNPL startups are consumeroriented. Also BNPL business is starting to grow. Fairbanc allows small businesses to get shortterm loans

Buy Now Pay Later BNPL startups are consumeroriented. Also BNPL business is starting to grow. Fairbanc allows small businesses to get shortterm loans to buy consumer goods. The Singapore startup has raised $4.8 million in preSeries A funding led by Vertex Ventures. Fairbanc is a digital lending platform for small businesses that dont require a smartphone or digital knowledge. The companys founding team includes Kevin OBrien, former CTO of nonprofit lending platform Kiva, and Thomas Schumacher, founder of emerging markets microcredit platform Tala. Instead, Fairbank decided to start testing with Unilever in Indonesia. According to him, this increased the income of about 500 small traders who did not become insolvent in one year by 35%. Read More..

B2B Tech News | 2 years ago          

We are not satisfied with the results. After another disappointing quarter, Snap shares are down by 25 percent

Snap shares fell more than 25 percent in afterhours after reporting worsethanexpected sales growth. The company said revenue rose just 13 percent to $

Snap shares fell more than 25 percent in afterhours after reporting worsethanexpected sales growth. The company said revenue rose just 13 percent to $1.1 billion in the quarter. Daily active users grew 18% yearoveryear to more than 347 million, down five percent. Snap also posted a quarterly net loss of $422 million, compared with a loss of $152 million in the same quarter last year. Snap expects daily active users to reach 360 million in the third quarter, representing 18% yearoveryear growth. The company also declined to provide financial guidance for the current quarter due to uncertainty surrounding the operating environment. Snap shares had fallen 65 percent yeartodate before Thursdays plunge. Read More..

B2B Tech News | 2 years ago          

Slate Asset Management buys a controlling stake in Amperio GmbH

A majority stake in Imperio GmbH has been bought by Slate Asset Management. In Germany, Amperio is a specialised planner and operator of EV charging i

A majority stake in Imperio GmbH has been bought by Slate Asset Management. In Germany, Amperio is a specialised planner and operator of EV charging infrastructure. A pipeline of growth opportunities will be created by Slates portfolio of more than 225 supermarket locations spread throughout Germany and partnerships with tenants committed to environmental responsibility. A global alternative investment platform that focuses on real assets is called Slate Asset Management. A variety of infrastructure and real estate investment methods are available on Slates platform. The corporations most recent impact infrastructure investment was a commitment to vertical farming company Eider VF Limited, which is situated in the UK. Read More..

B2B Tech News | 2 years ago          

Singapore General Hospital uses an AIpowered multiacronym PPE screening tool

To ensure proper PPE wear, Singapore General Hospital will soon implement a digital tool from New Zealand. The hospital and Blue Mirror collaborated t

To ensure proper PPE wear, Singapore General Hospital will soon implement a digital tool from New Zealand. The hospital and Blue Mirror collaborated to adopt the PPE Instructor tool. In India, two more NURA health screening facilities will be opened by Fujifilm Corporation. Together with the University of Illinois at UrbanaChampaign, VinUni, a private university in Vietnam, has established a research center with a focus on biotechnology and data science. The VinUniIllinois Smart Health Center will create smart health technologies that are widely available and affordable. Read More..

B2B Tech News | 2 years ago          

FinTech solves banking bottlenecks and empowers unbanked Egypt with mobile technology.

Until recently, transfers between accounts in Egypt could take up to three days. The North African countrys high proportion of cashrich and unbanked p

Until recently, transfers between accounts in Egypt could take up to three days. The North African countrys high proportion of cashrich and unbanked populations still limits financial inclusion. Frans van Ersel, CEO of FinTech startups focused on the Middle East and North Africa, addresses this issue headon. Thunders digital investment platform offers unbanked individuals in Egypt and the wider MENA region the ability to invest in a variety of stocks, bonds, and funds through a mobile app. Company founder Saif Amr said the company can now open accounts for employees and beneficiaries and make payments in realtime, including on weekends and holidays. It means you can onboard an employee in seconds. Read More..

B2B Tech News | 2 years ago          

Top 5 Cryptocurrencies and Blockchain Investment Banks

The banking sector is also looking for a piece of the cryptocurrency pie, which is currently worth more than $ 1 trillion.61 of the top 100 banks have

The banking sector is also looking for a piece of the cryptocurrency pie, which is currently worth more than $ 1 trillion.61 of the top 100 banks have so far invested in the cryptocurrency and blockchain ecosystem. Goldman Sachs funneled approximately $ 698 million into the crypto space between August 2021 and May 2022. The Commonwealth Bank of Australia pumped approximately $ 421 million into four different cryptocurrency and blockchain companies. Goldman Sachs was part of a $ 350 million Series D loan for Anchorage Digital. The bank is also a major investor in Fireblocks, an institutionalfocused cryptocurrency custodian. Read More..

B2B Tech News | 2 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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