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MexicoBased Education Company Recognized as Top HR Tech Startup

A global competition to reward the tech startup for the most innovative workplace has narrowed it down to four companies. About 150 tech startups ente

A global competition to reward the tech startup for the most innovative workplace has narrowed it down to four companies. About 150 tech startups entered the Society for Human Resource Management SHRM competition. Of that number, 60% were based in the U.S, and 40% were from other countries. The firm that won SHRMs Better Workplaces Challenge Cup competition is Vinco, an education technology firm based in Monterrey, Mexico. The platform connects employees with their specific educational needs, whether its learning English, completing a high school diploma, or advanced academic work. It employs coaches, people with training and psychological backgrounds, to help employees with their training. Vinco beat out three other U.S.based tech startups for the $50,000 prize. Read More..

B2B Tech News | 3 years ago          

NASA launches soccer fieldsized balloon with telescope over Antarctica on new mission

Astrophysics Stratospheric Telescope for High Spectral Resolution Observations at Submillimeterwavelengths ASTHROS is targeted for launch no earlier t

Astrophysics Stratospheric Telescope for High Spectral Resolution Observations at Submillimeterwavelengths ASTHROS is targeted for launch no earlier than December 2023. The primary objective would be to observe farinfrared wavelengths of light that are blocked by the Earths atmosphere. Astronomical Survey of Recorded Universe ASTHROS will be launched from NASAs Long Duration Balloon Facility in Antarctica. Managed by the National Science Foundation, ASTHROS will look at galaxies containing millions of stars to decode feedback processes at large scales and in a variety of environments. Read More..

B2B Tech News | 3 years ago          

A review of some of Googles most recent privacy disputes in the EU

Google has been targeted once again by European consumer groups over its account signup process. The European Consumers Bureau BEUC accuses Google of

Google has been targeted once again by European consumer groups over its account signup process. The European Consumers Bureau BEUC accuses Google of using vague, incomplete, and misleading wording at every stage of the registration process. This is not the first time that Google has found itself in hot water with European regulators over privacy regulations. In 2020, the CNIL fined Google 100 million euros for refusing to track cookies without the user’s consent. The employee said Google will have to pay three months or an additional fine of 100,000 euros a day to fulfill its order. Google appealed the decision, but the top French administrative court found the fine appropriate and proportional. Read More..

B2B Tech News | 3 years ago          

The United States files allegations for the South African bitcoin fraud scheme

A South African man and his company are facing civil charges from the US Commodity Futures Trading Commission CFTC for running a fraudulent commodity

A South African man and his company are facing civil charges from the US Commodity Futures Trading Commission CFTC for running a fraudulent commodity pool with bitcoin worth over US $1.7 billion R28 billion. Charges were brought by the CFTC against Cornelius Johannes Steynberg, the CEO of Mirror Trading International. To ostensibly run a commodity pool, the company asked for thousands of peoples bitcoins online. The CFTC claims that the majority of the pooled bitcoin was misappropriated and that only a small portion of it was ever invested at a loss. Read More..

B2B Tech News | 3 years ago          

Fintech Today GetVantage raises $ 36 million Apple allows thirdparty payments in South Korea

GetVantage is raising $ 36 million to expand its presence in Southeast Asia, with Apple taking lower commissions in South Korea. GetVantage aims to fi

GetVantage is raising $ 36 million to expand its presence in Southeast Asia, with Apple taking lower commissions in South Korea. GetVantage aims to fill the funding gap for small businesses. Consumer spending fell in May, according to a report by the U.S. Department of Commerces Bureau of Economic Activity. The move follows South Koreas telecommunications law, passed last year, which prohibits large platform companies from forcing developers to use inapp payment systems. Read More..

B2B Tech News | 3 years ago          

Walgreens profits are impacted as Covid vaccination sales decline and healthcare costs rises

The Walgreens Boots Alliance said profits were affected by lower quarterly sales and lower demand for the Covid19 vaccine. Pharmacy chains stick to fu

The Walgreens Boots Alliance said profits were affected by lower quarterly sales and lower demand for the Covid19 vaccine. Pharmacy chains stick to fullyear forecasts, saying adjusted earnings per share are expected to grow at a low figure. CEO Roz Brewer said Walgreens works with suppliers to ensure prices are lower than their competitors. Walgreens net income fell to $289 million, or 33 cents per share, from $1.2 billion a year earlier. The company took a $683 million charge related to its opioid settlement with the state of Florida.Walgreens also benefited from a large amount of the Covid vaccine a year ago, resulting in reduced sales in US pharmacies. Walgreens has expanded online options, such as curbside pickup and delivery. The company said its digital options rose 25% from a year ago. Read More..

B2B Tech News | 3 years ago          

General Motors GM abandons plan to sell Indias car plant to Chinas Great Wall

General Motors GM has refused to sell its Indian shutter factory to Great Wall cars after failing to obtain regulatory approval. The Chinese SUV maker

General Motors GM has refused to sell its Indian shutter factory to Great Wall cars after failing to obtain regulatory approval. The Chinese SUV maker is assumed to pay up to $ 300 million as part of a larger $ 1 billion investment plan to establish a growing presence in the Indian car market. The contract, which has been extended twice, expired on June 30. India has banned more than 300 Chinese mobile applications, including TikTok, for security reasons. It was part of Indias widespread crackdown on companies with ties to China amid deteriorating diplomatic relations. Read More..

B2B Tech News | 3 years ago          

Worst week of load shedding in SA to hit hard economy

The economy in South Africa will be severely impacted by the worst load shedding week ever. Although the precise economic impact has not yet been dete

The economy in South Africa will be severely impacted by the worst load shedding week ever. Although the precise economic impact has not yet been determined, economists and business executives have issued warnings that the cost will be in the billions of rands. Stage 6 rolling blackouts have occurred today for the fourth day in a row. Investor perception of the South African stock market has been impacted by the countrys loadshedding crisis. Lullu Krugel, an economist with PwC, is concerned about the potential longterm effects this may have on investment and the expansion of the SA economy. Load shedding could cost SA 500,000 jobs and 250 basis points [2.5] of growth if it continues. 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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