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The closing of gas pipelines to Europe by Russia will lead to the lowest level of the euro

The closing of Russias Nord Stream pipeline raised concerns about energy scarcity, rising costs, and a drag on the economy, which caused the euro to d

The closing of Russias Nord Stream pipeline raised concerns about energy scarcity, rising costs, and a drag on the economy, which caused the euro to decline and test a twodecade low. The yen was under pressure around a 24year low while the U.S. dollar index reached a 20year high. According to Carol Kong, senior associate for international economics and currency strategy at Commonwealth Bank of Australia, everything is pointing to a lower euro. A new twodecade high was reached by the US dollar index, briefly exceeding 110. Read More..

B2B Tech News | 3 years ago          

Exploring Asias New Tech Future The Wild Digital World

At the Southeast Asia conference for Wild Digital, there will be more than 1,000 attendees and 70+ presenters. Once again taking place in person at th

At the Southeast Asia conference for Wild Digital, there will be more than 1,000 attendees and 70+ presenters. Once again taking place in person at the Le Meridien Hotel in Kuala Lumpur, Malaysia, the twoday premium tech conference will now be accessible in person as well as virtually. Powerhouses from around the world and their own backyard, including Nium, Snowflake, Boost, Meta, Gobi Partners, Golden Gate Ventures, and others, are likely to speak directly to attendees. There are sections on ecommerce, agritech, digital banking, insurtech, fintech, and healthtech. Read More..

B2B Tech News | 3 years ago          

Apple will double the size of its digital advertising business

Apples advertising business has grown from a few hundred million dollars in the late 2010s to about $5 billion this year. Since the new privacy policy

Apples advertising business has grown from a few hundred million dollars in the late 2010s to about $5 billion this year. Since the new privacy policy, Facebooks parent companies Meta, Snap, as well as Twitter have lost billions of dollars. David Steinberg, Chief Executive of Marketing Technology firm Zeta Global, told the Singapore Times that Apple is trying to be Machiavellian by adopting privacy rules that force its competitors to rebuild their advertising infrastructure. Apples endeavor to hire new talent for digital business is telling as the companys job ads talk about their goal being nothing less than redefining advertising for a centric world. Read More..

B2B Tech News | 3 years ago          

Taiwans ProLogium is seeking a location in Europe for a $8 billion battery plant

Taiwans ProLogium Technology Co has shortlisted four European countries France, Germany, Poland, and the UK for an $8 billion solidstate lithium bat

Taiwans ProLogium Technology Co has shortlisted four European countries France, Germany, Poland, and the UK for an $8 billion solidstate lithium battery plant. The factory should have a capacity of 120gigawatt hours GWh to supply electric vehicles EVs and employ thousands of people. Solidstate batteries could be a game changer for EVs as they should store more energy and charge faster. Last year, Prologium raised $326 million in funding from investors including SoftBank and Primavera Capital Group.ProLogium and MercedesBenz are jointly developing solidstate batteries and the German premium carmaker has invested in the battery maker. Read More..

B2B Tech News | 3 years ago          

With its most recent preseed, Cazoo of Egypt hopes to disrupt the used car market for $30 million

Khorsami, an Egyptian online retailer of quality used cars and car finance, has secured seed funding led by Contact Financial Holdings. Karzemi plans

Khorsami, an Egyptian online retailer of quality used cars and car finance, has secured seed funding led by Contact Financial Holdings. Karzemi plans to use the funding to transform Egypts used car market with a goal of $30 million in revenue by 2024. The company strives to constantly increase its inventory, expand its transport fleet, improve its operating technology and create a modern restoration center. Karzami founders Hossein Hosseini and Adham Hosni said “We aim to change the way used cars are bought and sold by providing a onestop shopping platform that offers premium buying, selling and financing options. Read More..

B2B Tech News | 3 years ago          

Indonesian consumers are given back ownership of their credit data by SkorLife

SkorLife is an app that lets people see their credit histories for free. It also gives personalized advice on how to improve data. The Jakartabased st

SkorLife is an app that lets people see their credit histories for free. It also gives personalized advice on how to improve data. The Jakartabased startup announced today that it has raised $ 2.2 million in preseed funding. SkorLife currently employs 10 people and plans to increase the number of employees to 40SkorLife is a new startup that allows people in Indonesia to access their credit history and scores.SkorLifes founders say that creditworthiness is underused in Indonesia, where most financial institutions evaluate a persons ability to obtain credit lines based on their income. Customers can request data from OJK Indonesian Financial Services Authority or go to three licensed credit bureaus for free or for paid access. Read More..

B2B Tech News | 3 years ago          

The Australian government announces the first offshore wind farms

The Gippsland region off the Victorian coast has been chosen as a potential area for development of offshore renewable energy projects. This is the fi

The Gippsland region off the Victorian coast has been chosen as a potential area for development of offshore renewable energy projects. This is the first major announcement under the 2021 Offshore Electricity Infrastructure Act, which provides for the development of an offshore wind industry in Australia. The federal government has begun a consultation exercise on the proposal to declare the area suitable for development. Once a declaration is made, the minister will grant feasibility licences to developers. Developers have been given seven years to investigate and plan their project.Feasibility licences will give them time to consider a range of factors including the environment, native title interests and the potential impact on commercial and recreational fishing in the area. Read More..

B2B Tech News | 3 years ago          

Indian court orders Telegram to release details on copyright infringing channels

An Indian court has ordered messaging app Telegram to post details of channels involved in copyright infringement. The Delhi High Court ordered the Du

An Indian court has ordered messaging app Telegram to post details of channels involved in copyright infringement. The Delhi High Court ordered the Dubaibased company to provide details such as mobile numbers, IP addresses and email IDs used to upload infringing content.This appears to be the first time a court orders an app to disclose user data specifically related to copyright infringement anywhere. The company argued that disclosing user information would violate its privacy policy and the laws of Singapore, where it has located its physical servers. The court said that copyright owners couldnt be left completely remediless against the actual infringers because Telegram has chosen to locate its servers in Singapore. 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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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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