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Middle Eastern entrepreneurs are named winners of the C3 Impact Accelerator

The winners of the 2022 C3 Impact Accelerator awards have been announced after a final round of business pitches at HSBCs UAE headquarters in Dubai.

The winners of the 2022 C3 Impact Accelerator awards have been announced after a final round of business pitches at HSBCs UAE headquarters in Dubai. BlindLook, empowering those with visual impairment by developing audio mapping technologies, came first, with the UAEs Homeport Water Solutions coming second, and Egypts iSchool coming third. Judges decided to further add a fourthplace award, won by UAEbased Manhat, which focuses on delivering natural water distillation across the UAE. The awards were presented by Sabrin Rahman, Managing Director and Head of Sustainability for HSBC Europe and MENAT, Nasser Alshaali, Chairman of HSBC Egypt, and Medea Nocentini, Founder of C3. The winners of the C3 Impact Accelerator, powered by HSBC, have been announced at an awards ceremony in Abu Dhabi. BlindLook, CWallet, FortyGuard, Homeport Water Solutions, iSchool, Manhat, MonkiBox, and ONE MOTO were selected from a pool of 40 semifinalists. Read More..

B2B Tech News | 3 years ago          

In the biggest breach, a hacker offers to sell a Chinese police database

A hacker has made an offer to sell a database from the Shanghai police that may have data on 1 billion Chinese people. It was impossible to determine

A hacker has made an offer to sell a database from the Shanghai police that may have data on 1 billion Chinese people. It was impossible to determine how big the leak was. Chinese authorities have mastered the art of gathering digital and biological data on peoples daily activities and social connections. According to a rights group, there is no system in place to hold governmental organizations accountable for data leaks. Staterun media did not report the Shanghai police breach because it has also been largely subject to censorship. The Chinese public typically has less faith in private companies and more trust in the governments handling of data. Read More..

B2B Tech News | 3 years ago          

Russias oil is in a long decline, and the war has exacerbated the problem

The world price of oil exceeded $ 100 a barrel, and on March 8, Brent crude oil rose to $ 130. After more than four months of the war, Russias oil and

The world price of oil exceeded $ 100 a barrel, and on March 8, Brent crude oil rose to $ 130. After more than four months of the war, Russias oil and gas production reached the early level of the war. Russia is the EUs largest energy supplier, accounting for 27% of oil imports and 41% of gas imports. It has not been easy for the EU to ban imports after the war. Other countries have restricted imports of Russian crude oil. Despite all these restrictions, the price of oil has fallen from March highs. This is partly due to the bleak outlook for the world economy, driven by inflation and rising interest rates Read More..

B2B Tech News | 3 years ago          

Gold Coast rocket maker forges its way into Australias nascent space industry, building a bus to the stars

Adam Gilmours rocket company is preparing to launch a rocket into the Moons orbit. The Gold Coastbased entrepreneur taught himself the basics of rocke

Adam Gilmours rocket company is preparing to launch a rocket into the Moons orbit. The Gold Coastbased entrepreneur taught himself the basics of rockets in his spare time before founding the company. Australia played a critical part in the golden era of space exploration in the 1960s and 70s. The launch of a NASA rocket has fuelled hopes that Australias space industry is waking from its long slumber. But there is still more to do to harness the countrys full potential, says Australian Space Agency boss Enrico Palermo and industry expert David Gilmour. Read More..

B2B Tech News | 3 years ago          

Adobe Researchers AI CLIPS open source image subtitles

ClipS is an imagecaptioning AI model that produces finegrained descriptions of images. In assessments with captions generated by other models, human j

ClipS is an imagecaptioning AI model that produces finegrained descriptions of images. In assessments with captions generated by other models, human judges most often preferred those generated by CLIPS. The team also developed a new reference dataset, FineCapEval. Researchers have developed a novel way to finetune the textencoder portion of CLIP. They also introduced a twolayer classifier head that detects whether a sentence is grammatically correct. Read More..

B2B Tech News | 3 years ago          

Nifty above 16,000 pharma shares advance

At 1125 GMT, the S&P BSE Sensex Barometer was up 594.17 points to 53,693.80 points. The Nifty 50 index rose 176.15 points 1.11% to 16,011.50. Shares o

At 1125 GMT, the S&P BSE Sensex Barometer was up 594.17 points to 53,693.80 points. The Nifty 50 index rose 176.15 points 1.11% to 16,011.50. Shares of pharmaceutical companies have seen a full takeover. The top winners were Aurobindo Pharma + 2.14%, Dr Reddys Laboratories + 2.06%, Sun Pharmaceuticals + 1.84% and Zydus Lifesciences + 1.4%. According to government data, South Koreas consumer price index CPI rose 6.0% year on year in June. Later today, the Reserve Bank of Australia is anticipated to increase interest rates by 50 basis points. Read More..

B2B Tech News | 3 years ago          

Spotifys French rival Deezer lost ground on its stock market debut

Shares on French music streaming platform Deezer fell 6 % in Paris on Tuesday. The companys shares opened at 8.50 euros before heading down, trading a

Shares on French music streaming platform Deezer fell 6 % in Paris on Tuesday. The companys shares opened at 8.50 euros before heading down, trading at 7.99 euros per share by 0707 GMT. In April, the company announced plans for a stock market listing in Paris, valuing the business at just over 1 billion euros $1 billion. Read More..

B2B Tech News | 3 years ago          

Indian startups are expected to reach $ 200 billion over the next five years

Indias startups could reach $ 200 billion in revenue in the next five years, says Sudhir Sethi. The software company, which last year generated revenu

Indias startups could reach $ 200 billion in revenue in the next five years, says Sudhir Sethi. The software company, which last year generated revenue of $ 237 billion, is expected to generate about $ 350 billion over the next six years. Over the next five years, there will be more than 25 nextgeneration technology companies that will generate revenue of at least $ 1 billion each in domestic and international markets. Sethi added that Chiratae expects venture capital to increase by about 10%. Read More..

B2B Tech News | 3 years ago          



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