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Deal between BCX and Alibaba Cloud to Introduce Cloud Technologies in South Africa

Thanks to the partnership, the South African market will benefit from more choice, competitive pricing, and highperformance ICT and cloud technologies

Thanks to the partnership, the South African market will benefit from more choice, competitive pricing, and highperformance ICT and cloud technologies. The two parties have confirmed an exclusive distribution agreement to grant BCX exclusive rights and powers to distribute Alibaba Clouds products and services in South Africa. According to Selina Yuan, president of Alibaba Cloud, partners have always been a focal point for Alibaba Cloud. The Chinese ecommerce giant is entering the Asian market with the aim of playing a supporting role in media and Fintech services in the country. In another collaborative campaign, Alibaba Cloud announced its partnership with OnFinality, a New Zealandbased blockchain infrastructure provider. Read More..

B2B Tech News | 3 years ago          

Chinas growing isolation, according to Asias wealthiest man

Indias richest man Gautam Adani says that China will find it hard to bounce back from economic slowdown. He cites nationalism, supply chain risk mitig

Indias richest man Gautam Adani says that China will find it hard to bounce back from economic slowdown. He cites nationalism, supply chain risk mitigation, and technology restrictions as factors. Adani was speaking less than a month after becoming the worlds third richest man. He is the founder of the eponymous Adani Group, which controls companies ranging from ports to power.Businesses may have to move away from China because of trade restrictions and rising tensions between Washington and Beijing. Adani says India is one of the few relatively bright spots from a political, geostrategic, and market perspective. He anticipates India to become the worlds third largest economy by 2030, with the largest consuming middle class the world will ever see. Read More..

B2B Tech News | 3 years ago          

Europe Telecom operators ask tech companies to share data costs

Europes biggest telecoms operator has urged platforms such as Netflix and Amazon to pay some of the data costs that are rising due to the global strea

Europes biggest telecoms operator has urged platforms such as Netflix and Amazon to pay some of the data costs that are rising due to the global streaming and internet boom. The European Commission is preparing to discuss whether tech companies such as Google, Facebook, Netflix, and Microsoft should share the exorbitant costs of the massive amounts of global internet traffic sent over telecoms networks, The Guardian reports. OTT platforms have contributed significantly to the increase in data usage, thanks to popular shows such as Bridgerton on Netflix and The Lord of the Rings The Power of the Rings on Amazon. According to ETNO, a lobby group of European telecommunications operators, more than half of global internet traffic goes through six Silicon Valley companies Google, Facebook, Netflix, Apple, Amazon, and Microsoft. They added that European telecommunications companies will spend 50 billion euros about $49. Read More..

B2B Tech News | 3 years ago          

Tech startup StoreHub raises $13.5M in preSeries B round led by 500 Global

BUSINESS automation platform StoreHub has raised $13.5 million in preSeries B funding led by US venture capital firm 500 Global, formerly known as 500

BUSINESS automation platform StoreHub has raised $13.5 million in preSeries B funding led by US venture capital firm 500 Global, formerly known as 500 Startups. The latest funds will be used to invest in technological innovation to increase value and continue to meet the demand of all customers while maintaining positive unit economics. The allinone platform offers local retailers and restaurants automated solutions such as cloudbased POS systems and QRbased ordering. According to StoreHub, the platform is used by 15,000 Southeast Asian businesses to date and has processed more than 128 million transactions in the past 12 months, with a total volume of more than $1.6 billion, an increase of 40 % in the last 12 months. last year. Toast is an allinone technology platform for restaurants. Read More..

B2B Tech News | 3 years ago          

Australia announces data security reforms following a communications incident

Australian Interior Minister Clare ONeil has reported new cybersecurity measures in response to a major hack by one of the nations leading telecom pro

Australian Interior Minister Clare ONeil has reported new cybersecurity measures in response to a major hack by one of the nations leading telecom providers. On 22 September, Optus, Australias secondlargest mobile network operator, announced that a cyber attack exposed the data of up to 10 million current and former customers. Xinhua News Agency I hope this reform task is something we can work on collaboratively across Parliament. We shouldnt have a telecom provider in this country that has left the window open for data theft of this nature," she said in an interview on Australian Broadcasting Corporation ABC television. Read More..

B2B Tech News | 3 years ago          

CoreSite expands in Miami and completes the purchase of a cuttingedge data centre

The MI2 Miami data center may be a freestanding facility in Americas Gateway Park built to face up to a Category 5 hurricane with a 185mphgustrated ro

The MI2 Miami data center may be a freestanding facility in Americas Gateway Park built to face up to a Category 5 hurricane with a 185mphgustrated roof. CoreSite are connecting MI2 to the companys MI1 data center, which is able to offer customers enhanced access to a more robust ecosystem. CoreSites Miami data center campus will have a combined square footage of nearly 150,000 to assist propel global digital transformation for businesses across all industries. Customers are going to be able to leverage the Open Cloud Exchange® platform that has superior connectivity and a strong and interconnected partner ecosystem. CoreSites portfolio now includes 28 data centers across 10 markets, 450+ networks, 23 native cloud onramps and 35,000+ interconnections. Read More..

B2B Tech News | 3 years ago          

Hertz, bp collaborate to accelerate electric vehicle charging in North America

Hertz and bp have issued a memorandum of understanding to develop a national network of charging stations for electric vehicles. The contract also inc

Hertz and bp have issued a memorandum of understanding to develop a national network of charging stations for electric vehicles. The contract also includes the management of Hertzs charging infrastructure through bp pulses. Through extensive acquisitions of Tesla, Polestar, and GM, Hertz has secured tens of thousands of electric vehicles. bp Pulse is expanding its global network of fast charging for cars and trucks, with a global target of more than 100,000 chargers by 2030. bp acquired Amply Power in 2021 as part of its commitment to grow mobility and fleet products and services in North America. Hertz aims to own a quarter of its vehicles by the end of 2024 and continues to grow by acquiring several electric vehicle manufacturers. Read More..

B2B Tech News | 3 years ago          

Europe is considering making big tech pay for internet construction

Policymakers are beginning to share the carriers fears that if Europe continues to leave all the investment to telecom operators, its digital grid cou

Policymakers are beginning to share the carriers fears that if Europe continues to leave all the investment to telecom operators, its digital grid could fall behind those in the US and Asia. Internal Market Commissioner Thierry Breton wanted Netflix to cut back the standard of its videos to unencumber bandwidth. Reed Hastings complied, cutting data output by about 25 per cent for a month. Netflix has installed thousands of server boxes in additional than 700 EU cities, to compress and store video locally so it doesnt jam networks. Meta and Alphabet have spent billions of dollars laying underwater cables between continents. in an exceedingly push to induce more people connected to the net and Facebook Meta Chief officer Mark Zuckerberg has backed initiatives to hurry up telecom rollouts. 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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