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NFT Marketplace OpenSea charged employee for inside trading in NFTs

US prosecutors in Manhattan unveiled an indictment accusing a product manager at OpenSea, the largest online marketplace for non-fungible tokens (NFTs

US prosecutors in Manhattan unveiled an indictment accusing a product manager at OpenSea, the largest online marketplace for non-fungible tokens (NFTs). Nathaniel Chastain accused of secretly buying 45 NFTs based on confidential information that would soon be featured on OpenSeas home page, and later selling them at a profit, typically two to five times what he paid. According to an indictment filed in Manhattan federal court, the scheme ran from June to September 2021, and Chastain transacted through anonymous digital currency wallets and accounts at OpenSea. Chastain was charged with wire fraud and money laundering. Read More..

B2B Tech News | 2 years ago          

Orange Health raised $25 million in series B funding

Orange Health a startup that offers at-home diagnostic services raised $25 million in series B funding which was held by General Catalyst and Bertelsm

Orange Health a startup that offers at-home diagnostic services raised $25 million in series B funding which was held by General Catalyst and Bertelsmann India Investments. Orange Health will use this money in improving its tech stack and for its expansion and product development. Orange Health offers over 2,000 health test services across Bengaluru and the national capital region (NCR). Tests are conducted within 60 minutes and results are delivered the same day. Anand Chandrasekaran, the partner at General Catalyst, said Orange Health is demonstrating an incredible ability to create global benchmarks in the speed of collection and test results from the moment a prescription is issued without increasing costs for patients. Orange Health had also raised $10 million in a Series A round led by Accel. Read More..

B2B Tech News | 2 years ago          

Meesho is trying to cut the costs and extend runways with new seller policies.

Social commerce platform Meesho which took over its big competitors like Amazon and Flipkart after entering into the consumer-facing ecommerce segment

Social commerce platform Meesho which took over its big competitors like Amazon and Flipkart after entering into the consumer-facing ecommerce segment. It is stimulating for relatively slower growth amid a slowdown in big-ticket funding. Meesho the Softbank-backed company is is targeting to cut down its monthly cash to $25 million. As one of the largest ecommerce players relying on third-party logistics, Meesho work with us closely and plans things in advance and recently this shipment volumes issue was discussed, a person aware of the matter said. Meesho internal initiative ‘Project Unbundle has gained in prominence as it is focused on reducing costs. Read More..

B2B Tech News | 2 years ago          

More Indian firms are expected to be housed at Hub71 in Abu Dhabi.

The Emirate of the United Arab Emiratess capital is keen on housing more Indian startups in its Hub71 ecosystem after having already met with some suc

The Emirate of the United Arab Emiratess capital is keen on housing more Indian startups in its Hub71 ecosystem after having already met with some successes, officials said. Used car-focused Cars24 was the primary Indian company to maneuver into the space and is already the biggest used car platform within the United Arab Emirates having a valuation of USD 1.84 billion and revenues of over USD 600 million, it said, adding that three more startups, whose founders are from India, have also set sponsor the power. The three other startups with Indian founders include Arab, Hafla and Funder AI, the statement said. Backed by Mubadala, which is sort of a sovereign wealth fund of the UAE, Hub71 is going to fuel the countrys aspirations of becoming an Entrepreneurial Nation by 2031. Read More..

B2B Tech News | 2 years ago          

MAXICANS YOUNGEST WOMAN TO FLY INTO SPACE

Mexican-born Ana Echazarreta are the primary Mexican-born lady to fly to area. She and 5 others, together with Victor Correa Hespanha, can burst from

Mexican-born Ana Echazarreta are the primary Mexican-born lady to fly to area. She and 5 others, together with Victor Correa Hespanha, can burst from Lone-Star State atop a replacement Shepard rocket for a 10-minute flight. The flight is sponsored by the noncommercial area for Humanity. But Jordan Bimm, an area historiographer at the University of Chicago, same it remains to be seen whether the business space for all attribute becomes reality. I hear that each one the time, notably from geographical area, same Echazarreta, United Nations agency is happy for her family to visualize the launch, considering it their action the maximum amount as hers. Read More..

B2B Tech News | 2 years ago          

Yummy is raising $ 47 million to meet growing consumer demand.

Yummy is that the dominant supplier of on-demand delivery and transportation in Republic of Venezuela and Bolivia. With the new capital, scrumptious c

Yummy is that the dominant supplier of on-demand delivery and transportation in Republic of Venezuela and Bolivia. With the new capital, scrumptious can invest in enhancing its product providing. The spherical was diode by Anthos Capital with participation from JAM Fund, Soma Capital, WIND Ventures, attribute Capital, and YC Continuity. Yummys ridesharing vertical has seen fast adoption since its launch in Gregorian calendar month of 2021. Yummys grocery vertical has designed a hybrid fulfillment network that knits along twenty one company closely-held small fulfillment centers with partner closely-held facilities to permit fast deliveries across a large geographic footprint. Read More..

B2B Tech News | 2 years ago          

BT and Ericsson team up to build private 5G networks for businesses in the UK

Telecoms company BT and Ericsson have struck a multi-million pound partnership to offer private 5G networks to businesses across Britain, enabling the

Telecoms company BT and Ericsson have struck a multi-million pound partnership to offer private 5G networks to businesses across Britain, enabling them to deploy Internet of Things and other technologies quickly and securely. Private 5G networks mirror public 5G, but wireless connectivity is limited to a group of devices in a dedicated space, such as a factory, a port or a campus, where 5Gs security and ultra-low latency can be fully utilised in additional services. Marc Overton, managing director for BTs Division X, Enterprise, said the British company was working with Swedens Ericsson, a leader in 5G technology, both in deploying and operating the networks, and also in putting applications on top.Unlike a public network, a private 5G network can be configured to a specific businesss needs, as well as by individual site or location, Overton said in a statement. Read More..

B2B Tech News | 2 years ago          

In short: Investment guide for the Bolivian end

Bolivian state power company Endes initial investment budget for 2022 reaches 3.1bn bolivianos (US$450mn), according to just-released information. Hal

Bolivian state power company Endes initial investment budget for 2022 reaches 3.1bn bolivianos (US$450mn), according to just-released information. Half of the planned spending is allocated to generation while the other half is split between transmission and distribution. Early-stage hydros in pre-investment include Banda Azul, Cañahuecal, Cuenca Media Del Rio Grande, Icona, Juntas Corani and Santa Barbara, along with 310MW of potential solar. 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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