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Vodacom Group expects service revenue to grow 3.0% in Q2 revenue.

Vodacom Group maintained solid results in the first quarter despite financial market turbulence caused by the COVID19 and RussiaUkraine conflict and u

Vodacom Group maintained solid results in the first quarter despite financial market turbulence caused by the COVID19 and RussiaUkraine conflict and uncertainty surrounding the global economic recovery. Inflation continues to accelerate in most markets where we do business, meaning the cost of living has risen. Safaricom Groups firstquarter revenue rose 5.2 percent to 26.1 billion won. Our operating income growth was supported by 10.4% growth in our international portfolio and 9.3% growth in financial services. Growth in financial services has been slowed by Tanzanias mobile money tax Read More..

B2B Tech News | 3 years ago          

Westpac is expanding its involvement in digital currencies

Westpac is looking for a Principal Architect for Digital Assets and Cryptocurrency. The Bank intends to drive the adoption of these technologies and f

Westpac is looking for a Principal Architect for Digital Assets and Cryptocurrency. The Bank intends to drive the adoption of these technologies and foster business strategies and partnerships. It will track new technology partnerships, potential investments, and merger and acquisition M&A opportunities in digital products. Maile Carnegie, Australia and New Zealand Banking Groups head of Australian retail said in May that the bank considered crypto products in 2017. National Australia Bank plans to launch its stablecoin by the end of This year. CBA still plans to launch its cryptocurrency trading service, but cant specify when that might happen. Read More..

B2B Tech News | 3 years ago          

Silverback Therapeutics merges with San Diegobased biotechnology company developing EpiPen alternative

Seattlebased Silverback Therapeutics will merge with ARS Pharmaceuticals in San Diego. The combined company will focus on regulatory approval and mark

Seattlebased Silverback Therapeutics will merge with ARS Pharmaceuticals in San Diego. The combined company will focus on regulatory approval and marketing of ARS epinephrine nasal spray. In March, Silverback reported disappointing clinical data for solid tumors and discontinued its oncology program. ARS plans to file an NDA New Drug Application with the US Food and Drug Administration FDA in the third quarter of this year. If the spray is approved, it aims to launch the product in 2023. Silverback has developed a therapy based on the ImmunoTAC platform. Read More..

B2B Tech News | 3 years ago          

Portugal and Switzerland launched hydroelectric power stations with a capacity of more than 2 GW

Iberdrola opened the Tâmega Gigabattery hydroelectric plant in Portugal and a similar facility in Switzerland. These systems are also called water ba

Iberdrola opened the Tâmega Gigabattery hydroelectric plant in Portugal and a similar facility in Switzerland. These systems are also called water batteries because they are designed to add more than 2 GW in total to Europes energy storage capacity. Iberdrolas Tâmega Gigabateria has a capacity of 40 GW/h, equivalent to the electricity demand of 11 million people in 24 hours. It took 14 years to build the NantesDrans hydroelectric plant in Switzerland. Read More..

B2B Tech News | 3 years ago          

Saudi Arabian chemical company SABIC has launched a blockchain pilot program

Saudi Arabian chemical manufacturer SABIC has launched a blockchain pilot project. The purpose of the pilot project is to explore the potential of blo

Saudi Arabian chemical manufacturer SABIC has launched a blockchain pilot project. The purpose of the pilot project is to explore the potential of blockchain technology to support endtoend digital traceability of raw materials circulating in consumer products. The company, which is owned by Saudi Arabian oil giant Aramco, hopes that 70% of its test materials will help reduce the administrative effort associated with the certification process. Read More..

B2B Tech News | 3 years ago          

Crypto Crash is damned, some employees are still choosing digital payments

In the first six months of this year, 5% of all payments received by telecommunications companies were in crypto. More than twothirds of cryptocurrenc

In the first six months of this year, 5% of all payments received by telecommunications companies were in crypto. More than twothirds of cryptocurrency purchases took place in Latin America. In Argentina, it is common to pay in cryptocurrency to avoid exchange rate controls and protect against inflation. The collapse of socalled stable currencies has become costly as Argentines hold them instead of converting them to pesos. Bitcoin accounted for less than half of all cryptocurrency payments worldwide, down from twothirds in the second half of last year. According to the Deel Salary Report, Italian housekeepers saw the biggest increase in average wages. Read More..

B2B Tech News | 3 years ago          

Gumtree SA has been acquired by VC Company Future potential for expansion in Africa

Gumtree, one of South Africas largest online marketplaces, has been acquired by Impresa Capital. Impresa is a Durban company run by venture capital br

Gumtree, one of South Africas largest online marketplaces, has been acquired by Impresa Capital. Impresa is a Durban company run by venture capital brothers Sean and Donovan Bergsma. Gumtrees operations in SA, UK, Australia, and Mexico were previously sold to Adevintaya. Gumtrees South African operations are currently based in Cape Town, with approximately 60 employees. This expansion plan is expected to create new jobs for Gumtree. As a communitybased market, acquisitions by local investors provided strategic advantages through local expertise and knowledge. Read More..

B2B Tech News | 3 years ago          

South America Air Cargo Market Report 2022 Airport Infrastructure Enhances Potential Opportunity

From US$ 6.48 billion in 2021, the SAM air freight market is anticipated to grow to US$ 9.58 billion by 2028. Ecommerce platforms quick uptake is the

From US$ 6.48 billion in 2021, the SAM air freight market is anticipated to grow to US$ 9.58 billion by 2028. Ecommerce platforms quick uptake is the main driver of the markets expansion. The complexity of temperaturesensitive cargo and issues related to market ambiguity restrict growth. Due to difficult operating situations, South America still has a lower than average demand for air freight than other regions. A serious slowdown in GDP and trade appears to be having a bigger influence on the regions tardy freight recovery than a lack of cargo capacity. IATA The epidemic has had a negative impact on the global aviation business, but South America has been particularly badly hit. 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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