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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 | 3 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 | 3 years ago          

Is there really a huge hole in the ozone layer over the tropics?

Ozone or trioxygen is a compound that is widely distributed in the Earths stratosphere. It absorbs most of the suns harmful ultraviolet radiation, cal

Ozone or trioxygen is a compound that is widely distributed in the Earths stratosphere. It absorbs most of the suns harmful ultraviolet radiation, called UVB. Without the ozone layer, life on our planet would be seriously exposed to energetic photons that could damage DNA. A new paper claims that theres an ozone hole over the tropics seven times larger in area than the one over Antarctica. The ozone layer over the tropics is twice as thick as the ozone layer above the Antarctic, according to a new study by Canadian scientist Richard Lu. Ozone depletion in the region could cause great global concern, Lu writes. Increased ultraviolet exposure could increase the incidence of skin cancer and cataracts in humans, he says. Read More..

B2B Tech News | 3 years ago          

A NASA telescope aboard a highaltitude balloon will fly over the South Pole to study a star killer

Astrophysics Stratospheric Telescope for High Spectral Resolution Observations at Submillimeterwavelengths ASTHROS will fly to an altitude of 130,000

Astrophysics Stratospheric Telescope for High Spectral Resolution Observations at Submillimeterwavelengths ASTHROS will fly to an altitude of 130,000 feet 40,000 meters over Antarctica. ASTHROS is not a space telescope or a terrestrial telescope but something in between, floating in the stratosphere. The telescope will study an unusual phenomenon called stellar feedback, which creates an environment that promotes the birth of stars. The telescope will launch from NASAs Long Duration Balloon Facility in Antarctica. I believe this is the most advanced telescope ever built for a highaltitude balloon flight, said Jose Sales, Astros program manager at NASA’s Jet Propulsion Laboratory. the mission said in the statement. Read More..

B2B Tech News | 3 years ago          

Tigo demonstrates 5G to customers in Guatemala

On the outskirts of Guatemala City, in Cayalá, a purposebuilt private city with a concentration on housing, dining, shopping, entertainment, and busi

On the outskirts of Guatemala City, in Cayalá, a purposebuilt private city with a concentration on housing, dining, shopping, entertainment, and business, Tigo Guatemala, a member of the Millicom family of operators, has inaugurated what it calls Guatemalas first 5G network. The Millicomaffiliated operator Tigo Guatemala has launched what it calls the countrys first 5G network. The company intends to develop comparable centers in Miraflores and Oakland Mall, two further shopping districts in the capital. According to reports, in a second phase, the corporation would allow 5G for all Tigo customers with compatible smartphones. Read More..

B2B Tech News | 3 years ago          

Video game market size, growth 2022, global trends

The Video Games market has grown from USD million to USD million from 2017 to 2022. With the CAGR of. this market is estimated to reach millions of do

The Video Games market has grown from USD million to USD million from 2017 to 2022. With the CAGR of. this market is estimated to reach millions of dollars by 2029. The report focuses on the Video Games market size, and segment size mainly covering product type, application, and geography. Video Games market size is segmented based on application, enduser, and region. The study has detailed the analysis of factors that increase the industrys growth. The video game market share, distributors, major vendors, changing pricing patterns, and raw material supply chain are highlighted in the report. Read More..

B2B Tech News | 3 years ago          

Consumer confidence is waning and Tuesdays Westpac Consumer Confidence Index for July could bring more bad news.

Environment Council of Central Queensland has written to federal Environment Minister Tanya Plibersek, requesting she reconsider how 19 coal and gas p

Environment Council of Central Queensland has written to federal Environment Minister Tanya Plibersek, requesting she reconsider how 19 coal and gas project approvals are assessed under federal environment law. The group argues those projects are likely to damage 2,121 matters of national environmental significance, including the Great Barrier Reef, koalas, and dugongs. The acting chief executive of the Australian Petroleum Production and Exploration Association APPEA said the industry was acting to lower its emissions. Climate change is devastating traditional lands and waters around Minjerribah/Stradbroke Island. Read More..

B2B Tech News | 3 years ago          

Greece and Bulgaria complete gas transition after delay

Greece and Bulgaria have completed the longdelayed phase of building a gas pipeline between the two countries. The $ 226 million pipelines will help

Greece and Bulgaria have completed the longdelayed phase of building a gas pipeline between the two countries. The $ 226 million pipelines will help reduce Europes dependence on Russian gas amid Moscows invasion of Ukraine. In April, Russian energy giant Gazprom stopped supplying gas to Bulgaria because it refused to pay rubles for gas imports. Greek Prime Minister Kyriakos Michotakis said the completion of the Energy Bridge was a significant moment for the Balkans and for Europe as a whole. 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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