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European markets close higher despite inflation and GDP paint a gloomy picture Up 6% for October

On Monday, European stocks were mostly higher as investors processed the European Central Banks decision to raise interest rates. By the close, the pa

On Monday, European stocks were mostly higher as investors processed the European Central Banks decision to raise interest rates. By the close, the panEuropean Stoxx 600 had risen 0.4%, with travel and leisure stocks up 1.5% and retail stocks down 0.5%. Stocks fell on Wall Street on Monday, but the major averages were poised to end a twomonth losing streak. Read More..

B2B Tech News | 3 years ago          

Australian software company ReadyTech receives a $ 308 million offer from the PE firm

Pacific Equity Partners PEP, one of Australias largest private equity firms, made a buyout offer of A$481.4 million $308.3 million. The proposed A$4.5

Pacific Equity Partners PEP, one of Australias largest private equity firms, made a buyout offer of A$481.4 million $308.3 million. The proposed A$4.50 per share price is nearly 39% higher than the stocks last close. It is the third investment for an Australian technology company since last week, indicating growing interest in the sector amid low valuations. Read More..

B2B Tech News | 3 years ago          

Southeast Asias $300 billion digital economy is driving phenomenal growth

Southeast Asias thriving digital economy is expected to exceed $300 billion by 2026. Emerging threats and vulnerabilities increase the risk of fraud.

Southeast Asias thriving digital economy is expected to exceed $300 billion by 2026. Emerging threats and vulnerabilities increase the risk of fraud. Each markets payment system has distinct characteristics and, as a result, distinct vulnerabilities. Any business that operates in the region must be highly localised and comprehended. 2C2P is pleased to collaborate with the MRC to commission this important report, which we hope will support more secure and riskfree growth for businesses throughout Southeast Asia. The IDC Infobrief identifies appropriate methods for businesses to reduce the risk of fraud by identifying the best payments partner. Read More..

B2B Tech News | 3 years ago          

Mango invests in the textile waste startup “Recovo”

Mango, a Spanish apparel manufacturer, has invested in the B2B marketplace Recovo. Deadstock fabric that would otherwise be regarded as textile trash

Mango, a Spanish apparel manufacturer, has invested in the B2B marketplace Recovo. Deadstock fabric that would otherwise be regarded as textile trash is Recovos specialty. Recovos textile waste company will benefit from a convertible equity loan from Mango as part of the agreement. The clothing company is the first in the world to sign up for the Fashion Pact, which aims to decrease the environmental impact of the fashion sector. Mango ratified the Fashion Industry Charter for Climate Action in 2019. Read More..

B2B Tech News | 3 years ago          

Apple workers in Australia are preparing for more strikes

Following the rejection of a salary and benefit agreement by nearly twothirds of employees, hundreds of Apple employees in Australia are planning to s

Following the rejection of a salary and benefit agreement by nearly twothirds of employees, hundreds of Apple employees in Australia are planning to strike once more. It is the most recent escalation in a dispute that has resulted in weeks worth of store walkouts across the nation. Monday nights meeting of the Retail and Fast Food Workers Union RAFFWU would definitely include discussion of additional strikes, according to union reps. Read More..

B2B Tech News | 3 years ago          

Ghanas president says IMF talks will not lead to debt relief

As foreign investors pulled out of Ghanas debt in July, IMF negotiations were initiated. In an effort to reassure investors, President Nana AkufoAddo

As foreign investors pulled out of Ghanas debt in July, IMF negotiations were initiated. In an effort to reassure investors, President Nana AkufoAddo said that the talks would not result in a decrease in the face value of government bonds. This year, the value of the Ghanaian cedi has fallen more than 40%, placing pressure on importers of raw and processed products. In September, consumer inflation increased to a record 21year high of 37.2%. Read More..

B2B Tech News | 3 years ago          

Broken dreams Leverage investments by young Koreans backfire

Many young South Koreans dabbled in leveraged investing, known in Korean as bittoo. Many of these young investors hoped to get rich quickly and reti

Many young South Koreans dabbled in leveraged investing, known in Korean as bittoo. Many of these young investors hoped to get rich quickly and retire young. However, many people are now suffering as markets have crashed and interest rates have risen. Through stock investing, one man saw his fourmonth salary vanish. Retail investors in their twenties and thirties account for 41 percent of all Kospi investors.Data show that bittoo was disproportionately popular among youth in 2021, when the prices of equities and digital coins skyrocketed. As the high losses of young traders from digital coins became a social issue, the South Korean government devised a debt relief plan for them. Read More..

B2B Tech News | 3 years ago          

Live Heats, an extreme sports tech business, debuts a starstudded board.

In 2016, Chris Friend and Fernando Freire cofounded Live Heats. The allinone platform for various sporting events is sweeping the globe. For the past

In 2016, Chris Friend and Fernando Freire cofounded Live Heats. The allinone platform for various sporting events is sweeping the globe. For the past ten months, Friend has been based in New York to be closer to the action in the largest markets. The Live Heats platform streamlines athlete registrations and automates the creation of heat draws, including seeding and progression rules. The company began as an afterwork project for the two entrepreneurs until it grew to the point where they could both quit their day jobs and work fulltime on it. 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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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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