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Brazils Fintech Stability and Reforms Make It an Investment Gem

The recent admission of six countries to BRICS demonstrates the organizations expanding significance. Western countries are concerned about energy sec

The recent admission of six countries to BRICS demonstrates the organizations expanding significance. Western countries are concerned about energy security due to Chinas consolidation with resourcerich states. Portfolio strategies for investments may evolve to include exposure to various centres of the future multipolar globe. Brazil stands to benefit as it pursues geopolitical balance. The country is enacting tax reform and an economic stimulus programme, focusing on green energy and infrastructure to align with global green hydrogen markets. Despite rising interest rates, the Brazilian fintech sector, represented by businesses such as Nubank, PagSeguro Digital, and StoneCo, provides investment opportunities with significant development prospects. Read More..

B2B Tech News | 2 years ago          

Beware EvilBamboos Fake Apps Pose a Serious Security Risk

EvilBamboo, a threat actor, has been actively targeting Taiwanese, Tibetan, and Uyghur people and organizations in a prolonged campaign. Phoney websit

EvilBamboo, a threat actor, has been actively targeting Taiwanese, Tibetan, and Uyghur people and organizations in a prolonged campaign. Phoney websites and social media accounts create browserbased attacks to target specific people in this campaign. EvilBamboo, active at least since 2019, employed watering hole attacks to spread spyware to iOS and Android devices. POISON CARP and Earth Empusa are also terms used to refer to them. The gang has utilized Android spyware to collect data, including ActionSpy and PluginPhantom, disguised as prayer, dictionary, and keyboard apps. EvilBamboo is the source of three brandnew Android espionage tools BADBAZAAR, BADSIGNAL, and BADSOLAR. APK sharing forums, phoney websites, Telegram groups, and phoney social media identities are a few examples of the distribution channels. Read More..

B2B Tech News | 2 years ago          

Sumitomo Metal Mining Boosts Lithiumion Battery Tech Investment

Sumitomo Metal Mining, a Japanese corporation, will invest $12.5 million in Nano One Materials, a Canadian manufacturer of battery materials, for a 5%

Sumitomo Metal Mining, a Japanese corporation, will invest $12.5 million in Nano One Materials, a Canadian manufacturer of battery materials, for a 5% ownership position. With less complexity and expense than present techniques, the cooperation intends to develop manufacturing technologies for lithiumion battery cathode materials. Sumitomo Metal provides the nickelcobaltaluminium cathode components for Panasonics batteries used in Tesla EVs. This investment supports Canadas and Japans initiatives to create reliable global battery supply chains. Sumitomo Metal intends to demonstrate its dedication to the EV battery business by increasing its capacity to produce cathode materials. Read More..

B2B Tech News | 2 years ago          

Mixin Crypto Firms $200 Million Nightmare Unveiled

Hackers stole over $200 million over the weekend, according to a vast security breach claimed by the cryptocurrency startup Mixin. LinkedIn states tha

Hackers stole over $200 million over the weekend, according to a vast security breach claimed by the cryptocurrency startup Mixin. LinkedIn states that the organization is located in Hong Kong. It reported that the attack was directed at the database of its cloud service provider. One million people utilize Mixin, a platform for the transfer of digital assets. Asset transfers are still possible even though temporary prohibitions on money withdrawals have been implemented. The business intends to present a plan for recovering the stolen property. This event is part of an increasing trend of cryptocurrency breaches, which saw a recordbreaking $3.8 billion in digital currencies stolen last year, according to Chainalysis. Read More..

B2B Tech News | 2 years ago          

MTN Expands African IoT Reach Through Eseye Alliance

Through a relationship with global Internet of Things services provider Eseye, MTN, a significant telecom firm, is enhancing its Internet of Things Io

Through a relationship with global Internet of Things services provider Eseye, MTN, a significant telecom firm, is enhancing its Internet of Things IoT capabilities in South Africa. By enhancing MTNs infrastructure, this partnership will make it possible to manage and analyse advanced IoT devices. MTN wants to hasten the adoption of IoT in Africa by supplying better connectivity and services. MTN Benin and Ericsson are also collaborating on a programme to recycle ewaste. Since 2021, they have gathered approximately 123 metric tonnes of electronic waste, supporting MTNs goal of lowering emissions by 2040. This plan encourages responsible recycling and sustainability while addressing the growing ewaste issue in Benin to achieve industrywide environmental and social responsibility objectives. Read More..

B2B Tech News | 2 years ago          

Aviva Expands Presence with £460 Million Acquisition of AIG Life UK

Aviva plc has made a significant move by acquiring AIG Life Limited AIG Life UK from Corebridge Financial, Inc., a subsidiary of American Internationa

Aviva plc has made a significant move by acquiring AIG Life Limited AIG Life UK from Corebridge Financial, Inc., a subsidiary of American International Group, Inc. The deal is valued at £460 million and underscores Avivas growing presence in the protection market, known for its exceptional organic growth and awardwinning business practices. Avivas protection offerings prioritize topnotch customer experiences and consistent enhancements for both customers and intermediaries. This acquisition positions existing AIG Life UK clients to benefit from Avivas financial strength and expertise. AIG Life UK caters to 1.3 million individual protection customers and 1.4 million group protection members, offering a comprehensive range of protection products. Read More..

B2B Tech News | 2 years ago          

Transtech Consulting Earns Global Recognition for Excellence in Tech Education

Nigerianowned Transtech Consulting in the U.S. has won the 2023 Global Business Award for Most Impactful Technology Teaching Institute. The recognitio

Nigerianowned Transtech Consulting in the U.S. has won the 2023 Global Business Award for Most Impactful Technology Teaching Institute. The recognition highlights their commitment to offering topnotch tech education, empowering people for success in todays fastchanging tech world. The award honors those whove shown outstanding achievements and made significant contributions in their fields. The firm is redefining perceptions of Nigerians in the USA, dispelling long standing stereotypes. The objective of the organisation has always been to provide individuals with the skills and experience required to prosper in the technology sector. This honour reinforces their dedication to excellence. Read More..

B2B Tech News | 2 years ago          

Mirae Assets global expansion spurs impressive growth in KFinance

Mirae Assets global expansion aligns with South Koreas push for KFinance competitiveness. Mirae Asset Global Investments has surged, with a remarkable

Mirae Assets global expansion aligns with South Koreas push for KFinance competitiveness. Mirae Asset Global Investments has surged, with a remarkable 18% AUM increase to 293 trillion South Korean Won $219 billion by August. Notably, 121 trillion South Korean Won is managed in 14 foreign countries, the largest among Korean asset managers. The firm reached a historic milestone with three trillion in equity capital and posted a firsthalf net profit of 190.3 billion South Korean Won, a unique achievement locally. This growth is fueled by the success of their 540+ global ETFs, which hold 130 trillion won in total net assets, exceeding the entire domestic ETF market. Read More..

B2B Tech News | 2 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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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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