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Former cabinet minister with $2 million in funding

The Foot Care RX proposal aims to provide enough funding to open 10 clinics in the Bahamas. Dr Daniel Johnson, former Minister of Youth, Sport and Cul

The Foot Care RX proposal aims to provide enough funding to open 10 clinics in the Bahamas. Dr Daniel Johnson, former Minister of Youth, Sport and Culture, is looking to raise $2 million through crowdfunding. Foot Care RX offers every foot, from antifungal treatment to treatment of arch wounds, Achilles tendon, and calves. Merchants receive a trial fee and 20% royalties on sales of Foot Care RXbranded medical devices. Read More..

B2B Tech News | 3 years ago

GEAR CTG fell 10.2% in the second quarter, while its North American business grew 21.3%.

Employees and Solutions Provider CTG NASDAQ CTG reported a 10.2% drop in revenue in the second quarter compared to the same period last year. However

Employees and Solutions Provider CTG NASDAQ CTG reported a 10.2% drop in revenue in the second quarter compared to the same period last year. However, gross profit and net profit increased. The Amherst, N.Y.based company posted strong North America IT solutions and services revenue growth of 21.3%, partially offsetting the intentional decline in revenue from the sale of lowmargin nonstrategic technology services. used Europes IT solutions and services sector fell 15.6% yearonyear due to exchange rate fluctuations and labor restrictions. GuidanceCTG expects annual sales of $330 million to $350 million, down $2030 million from previous estimates. Share Price and Market Cap Shares of CTG were down 1.71% to $8.60 as of 1116 a.m. ET. According to FT.com, this is 17.15% lower than the 52week high. Read More..

B2B Tech News | 3 years ago

Incannex buys US biotech APIRx for $124 million

Australian medical cannabis company Inannex has completed its $124 million acquisition of APIRx, the US cannabis intellectual property IP biotechnolog

Australian medical cannabis company Inannex has completed its $124 million acquisition of APIRx, the US cannabis intellectual property IP biotechnology arm. Inannex shareholders issued 218,169,497 new IHL shares with a par value of $0.573 per share. The deal marks the first major step for Inannex, which was named Australias best cannabis company by Business News Australia earlier this year, since listing on Nasdaq in February. Read More..

B2B Tech News | 3 years ago

United States Provides $20 Million in Development Assistance in Uganda Amid Global Food Security Crisis

The United States is providing an additional $20 million in new funding to Uganda through the United States Agency for International Development USAID

The United States is providing an additional $20 million in new funding to Uganda through the United States Agency for International Development USAID, subject to congressional approval. Aid is provided through international and domestic partners and civil society organizations to strengthen local efforts in Uganda. As the crisis coalesced, many Ugandans, especially those in the Karamoja subregion and northern regions, faced starvation. This support builds on investments in agriculture and the value chain to help mitigate the impact of the global food crisis. Read More..

B2B Tech News | 3 years ago

Armed with $19.5 million, LiveEO represents the big data process between geospatial satellite exploration and industry

Berlin-based startup LiveEO has raised €19 million $19.5 million on the back of strong demand for its tech from companies working in transportation

Berlin-based startup LiveEO has raised €19 million $19.5 million on the back of strong demand for its tech from companies working in transportation and energy infrastructure. LiveEO is essentially the second wave of that development applications built leveraging that infrastructure. The round also includes the support of two government bodies the European Commission and the Berlin Investment Bank.LiveEO is one of a small but growing group of startups capitalizing on increasing interest in space among investors. The company says that its tripled revenues with customers in five continents and more than doubled its headcount to about 100 over the past three years.LiveEOs platform addresses a specific gap between space tech and enterprise data, covering not just physical objects but thermal progressions, how systems are moving, and more. Read More..

B2B Tech News | 3 years ago

Most SEA directors anticipate ransomware attacks.

According to a new study by Kaspersky, most business leaders in Southeast Asia expect data theft, APT and ransomware attacks. Data theft Illegal trans

According to a new study by Kaspersky, most business leaders in Southeast Asia expect data theft, APT and ransomware attacks. Data theft Illegal transmission or storage of personal, sensitive or financial information is closely associated with APT attacks 75% and ransomware attacks 73%. The survey was conducted with 100 SEA executives from around the world. Expectations for these three malicious attacks are slightly more than double the global average of SEAbased business leaders. 7 out of 10 think their organization is too unlikely to be attacked by ransomware, so theres nothing to worry about. The majority of IT managers surveyed by SEA 81% believe that the security measures they have in place are sufficient to protect against ransomware activity. Read More..

B2B Tech News | 3 years ago

Fortinet unveils small firewalls for hyperscale data centers and 5G networks

Fortinet has announced the FortiGate 4800F series of hyperscale firewalls, which it says sets new standards for security, scale, performance, and inno

Fortinet has announced the FortiGate 4800F series of hyperscale firewalls, which it says sets new standards for security, scale, performance, and innovation. The company says the compact firewall offers the highest performance figures of any compact firewall, with Security Compute Ratings that deliver up to 34x better performance than competitor solutions. The FortiGate 4800F supports 25 million connections per second to give MNOs the capacity they need to handle surges in traffic and large sustained loads of subscriber connections. Enterprises that require high performance can consolidate multiple firewalls into a single system, deploy native applications, and deliver the desired user experience. It is the first vendor delivering 400GE interfaces on a hyperscale firewall to support the most intensive use cases.Highperformance security at scale. The FortiGuard AIpowered security services deliver innovative realtime protection for known, zeroday and unknown threats for edge and core dep Read More..

B2B Tech News | 3 years ago

Virgin Galactic postpones space tour flights until Q2 2023

Space tourism company Virgin Galactic delayed the start of commercial flights by another three months on Thursday as repairs to the spacecraft were de

Space tourism company Virgin Galactic delayed the start of commercial flights by another three months on Thursday as repairs to the spacecraft were delayed. Virgin Galactic has announced it will resume commercial service in the second quarter of 2023, the latest setback before its debut in space tourism. In afterhours trading, shares fell more than 10 percent to close at $8.19 a share. The stock is down more than 70% in the past 12 months. The company currently has an aircraft carrier, or mother ship, called VMS Eve, which is about 14 years old and undergoing a longterm overhaul.Virgin Galactic reported an adjusted EBITDA loss of $93 million in the second quarter, beating the loss of $77 million in the previous quarter Read More..

B2B Tech News | 3 years ago

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