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Elon Musk withdraws from the Twitter deal

Elon Musk has terminated his $44 billion deal to buy Twitter, accusing the company of misleading him about the number of bot and spam accounts on the

Elon Musk has terminated his $44 billion deal to buy Twitter, accusing the company of misleading him about the number of bot and spam accounts on the platform. Twitter has claimed that less than 5 percent of its total accounts are bogus, but Musk has stated on numerous occasions that he believes this number to be much higher. Twitter board chair Bret Taylor said the company plans to pursue legal action to enforce the merger agreement. Read More..

B2B Tech News | 2 years ago          

Wheelocity raises $12 million for its supply chain infrastructure to support new trade in India

An Indian startup that handles fresh food supplies for quick commerce platforms has raised $12 million in a new financing round. Wheelocity customers

An Indian startup that handles fresh food supplies for quick commerce platforms has raised $12 million in a new financing round. Wheelocity customers include Swiggys Instamart, Flipkartpowered Ninjacart, Googlepowered Dunzo, and Zomatos Blinkit. The Chennaibased startup says that by leveraging its technologybased supply chain network, customers can launch their operations in new cities in less than seven days. The company is planning to deploy its funds to build new product offerings onfarm side operations and eliminate food wastage through technologypowered supply chains. Read More..

B2B Tech News | 2 years ago          

NanoPay Mexico implements SmartVista BPC to reduce fraud in credit card transactions

To protect credit card transactions for its customers in Mexico, NanoPay has installed BPCs antifraud program, SmartVista. NanoPay is able to protect

To protect credit card transactions for its customers in Mexico, NanoPay has installed BPCs antifraud program, SmartVista. NanoPay is able to protect its credit card service thanks to the use of BPC technology for fraud protection, which has advantages including monitoring all online transactions in real time and through all channels. New payment methods are starting to become the focus of cyberattacks. Realtime cyber threat protection for NanoPay cardholders is made possible by NanoPay BPC technology. Instead of restricting consumers cards, BPC can turn a delicate issue into a positive one by proactively contacting them. Luis Huachin, Operations Director at NanoPay, continued, This also helps us to extend outside of Mexico and to provide us with options to grant the issuance of credit cards in other nations in the region, such as Colombia. monetary assistance Read More..

B2B Tech News | 2 years ago          

By 2025, Australia plans to generate half of its electricity from renewable sources

Australia is on track to meet half of its electricity needs from renewable sources within three years, according to a report. Renewable energy adoptio

Australia is on track to meet half of its electricity needs from renewable sources within three years, according to a report. Renewable energy adoption is galloping ahead as wind and solar power become cheaper, the Australian Academy of Technological Sciences and Engineering AATSE has said. But urgent investment is needed in backup services that will be required to keep the lights on during the transition period. The Australian Renewable Energy Agencys AATSEAS annual report on the future of energy in Australia calls for a national capacity market to help deal with the transition from fossil fuels to renewable sources. The report comes amid upheaval in the eastern states power and gas industries, which have been hit hard by soaring prices and fears of supply shortages. Read More..

B2B Tech News | 2 years ago          

German Wefox Insurtech was recently valued at $ 4.5 billion after funding

Mubadala Investment Company, a stateowned investor in Abu Dhabi, oversaw the DSeries investment. Wefox, a company in the digital insurance industry, r

Mubadala Investment Company, a stateowned investor in Abu Dhabi, oversaw the DSeries investment. Wefox, a company in the digital insurance industry, revealed on Tuesday that it had secured $400 million from investors. With the most recent round of funding, Wefoxs total investment since it started raising money in 2016 has increased to more than $ 1.3 billion. As investors pay more attention to startup investments, values have increased. As well as the sale of techrelated shares that were exchanged on the stock market this year. Read More..

B2B Tech News | 2 years ago          

RAISING ALERTS ABOUT NEW ANDROID MALWARE IS MICROSOFT

Microsoft warns Android users of malware called toll fraud that disguises as normal apps on the Google Play Store and drains users wallets once instal

Microsoft warns Android users of malware called toll fraud that disguises as normal apps on the Google Play Store and drains users wallets once installed. Microsoft describes paytopay fraud malware as a subset of bill fraud in which malicious programs sign up for highquality services without the knowledge or consent of users. This type of malware is said to be one of the most common Android malware and is constantly being developed. Read More..

B2B Tech News | 2 years ago          

Unacademys founders and managers will see compensation cuts and the closure of their international exam preparation company

Unacademy CEO Gaurav Munjal told workers in an internal memo on Monday that the founders and management of an education technology company will cut wa

Unacademy CEO Gaurav Munjal told workers in an internal memo on Monday that the founders and management of an education technology company will cut wages. The Bengalurubased startup was valued at $3.4 billion last year after a $440 million funding led by Temasek. According to Munjal, the founders have already cut salaries, and the same goes for top management. We will shut down some companies that have not been able to find a suitable product for the market, such as Global TestPrep, Mungal said. Unacademys chief executive Rajesh Munjal has told his team to focus on the core test preparation business and jobtech vertical of Relevel. People in the know said this was relatively a small business, with a presence largely in the US. Read More..

B2B Tech News | 2 years ago          

The fifth largest Swiss bank that allows Bitcoin transactions to over 2 million customers

PostFinance, the Swiss Post Banking division of the Post Office, will allow 2.69 million customers to buy, sell and hold Bitcoin and other cryptocurre

PostFinance, the Swiss Post Banking division of the Post Office, will allow 2.69 million customers to buy, sell and hold Bitcoin and other cryptocurrencies by 2024. Customers want direct access to this market through major banks, said Sandra Lienhart, head of Retail Banking at PostFinance. The announcement comes during a massive market correction, with Bitcoin falling by more than 70% from historical highs. The digital currencies were adopted by Julius Baer, ​​LGT Bank, Goldman Sachs, JP Morgan, and Fidelity. This experience led PostFinance to rely on Swissquote through its partnership, which led to PostFinances development of the Yuh digital application, which allows customers to use cryptocurrencies as well. 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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