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Global Investors Tactically Engaging with Chinese Stocks Amid Recent Decline

Global investors, who have been heavily shorting Chinese equities in recent years, are beginning to purchase or sell those companies more judiciously.

Global investors, who have been heavily shorting Chinese equities in recent years, are beginning to purchase or sell those companies more judiciously. Confident investors perceive the present low values and unfavourable mood as a chance to gain from a future increase in value. Although longterm capital has left Chinese stocks, new data indicates that investors are hesitant to join the market, particularly in light of the substantial selloff. Some believe the MSCI China index, which has dropped 60% in the last three years, is a skewed entry position with room for gain if sentiment turns around. Read More..

B2B Tech News | 2 years ago          

Santander Mexico Set to Launch Digital Bank Service "Openbank"

In the following months, Santander Mexico, the companys Mexican subsidiary, plans to introduce Openbank, a digital banking service. The digital produc

In the following months, Santander Mexico, the companys Mexican subsidiary, plans to introduce Openbank, a digital banking service. The digital product is almost ready for launch, obtaining its operating licence in July. Digital banks are gaining ground on traditional banks in Mexico, and Santanders decision aligns with the industrys general trend. Openbanks launch is an attempt to capitalise on Mexicos expanding digital banking industry. In the upcoming week, rival Banorte is also planning to introduce Banco Bineo, its digital banking service. Read More..

B2B Tech News | 2 years ago          

Australia Imposes Cyber Sanctions on Russian Individual Aleksandr Ermakov

Australia has imposed cyber sanctions on Aleksandr Ermakov, a Russian national, for his involvement in the Medibank Private network hack. This is the

Australia has imposed cyber sanctions on Aleksandr Ermakov, a Russian national, for his involvement in the Medibank Private network hack. This is the first time Australias independent cyber sanctions regime has been applied. 9.7 million records—including names, dates of birth, Medicare numbers, and private medical information—were taken in the attack on Medibank Private. Ermakov was subject to targeted financial sanctions and a travel restriction by the Australian government, which the Australian Signals Directorate and the Australian Federal Police carried out. As stated in the Australian Cyber Security Strategy for 2023–2030, this action is a component of Australias commitment to preventing and responding to hostile cyber activities. The government promotes cybersecurity awareness and rejects paying ransoms. Read More..

B2B Tech News | 2 years ago          

Microsofts Bing, Edge, and Advertising Services May Be Excluded from Europes Digital Markets Act DMA

According to reports, Microsofts advertising services, browser Edge, and search engine Bing will probably not fall under the purview of Europes Digita

According to reports, Microsofts advertising services, browser Edge, and search engine Bing will probably not fall under the purview of Europes Digital Markets Act DMA. According to reports, European authorities concluded these items must be sufficiently dominant to require DMA regulation. Nonetheless, it is anticipated that Microsoft will take action to adhere to the DMA rules for further products, such as LinkedIn and the Windows operating system. Major IT companies must comply with the DMA by March 7 to treat their services and goods similarly to competitors. Read More..

B2B Tech News | 2 years ago          

Samsung Considers Leasing TV Factory in Russia Amid Global Responses to Ukraine Invasion

According to reports, Samsung Electronics is thinking of leasing its TV manufacturing in Russia in retaliation to the nations invasion of Ukraine by i

According to reports, Samsung Electronics is thinking of leasing its TV manufacturing in Russia in retaliation to the nations invasion of Ukraine by international corporations. South Korean media reports state that the TV and monitor facility in Kaluga, Russia, is being considered for leasing. The action is in line with a pattern where businesses in Russia modify their operations in reaction to events of a geopolitical nature. Samsung has already said it will stop sending goods to Russia in March 2022. According to the allegations, VVP Group, a local electronics distributor, maybe manufacturing equipment at the Samsung facility for its brand and other businesses. Read More..

B2B Tech News | 2 years ago          

North Korea Actively Developing Artificial Intelligence AI and Machine Learning ML Capabilities, Study Finds

According to recent research, North Korea is aggressively working to build Machine Learning ML and Artificial Intelligence AI capabilities for a range

According to recent research, North Korea is aggressively working to build Machine Learning ML and Artificial Intelligence AI capabilities for a range of uses, including government monitoring, wargaming simulations, protecting nuclear reactors, and reacting to COVID19. Although international sanctions may impede the procurement of AI gear, North Korea is making deliberate investments in developing these technologies to support its digital economy. The paper highlights partnerships between North Korean AI researchers and overseas academics, notably those in China, and references opensource material, including official media and journals. The Artificial Intelligence Research Institute was founded by North Korea in 2013, and the report showcases the nations endeavours to utilise AI across several fields. Read More..

B2B Tech News | 2 years ago          

Innovative Recycling Freee Recycle Converts Over 400,000 Tires into Paving Bricks and More

A Nigerian firm, Freee Recycle, is tackling the problem of trash by turning used tyres into new items, including flipflops, floor tiles and paving sto

A Nigerian firm, Freee Recycle, is tackling the problem of trash by turning used tyres into new items, including flipflops, floor tiles and paving stones. Since its founding in 2018, the firm has recycled over 400,000 tyres into various products. The tyres are ground into tiny bits, combined with an adhesive, and then formed into various items as part of recycling. Since its founding, Freee Recycle says it has saved the release of almost 8,100 tonnes of CO2. The companys products provide an ecofriendly way to dispose of tyre trash and are accessible in major towns in Nigeria. Read More..

B2B Tech News | 2 years ago          

Zee Entertainment Shares Plunge 10% as Sony India Cancels $10 Billion Merger

Following Sony Indias decision to scrap a $10 billion merger with the Indian broadcaster, shares of Zee Entertainment fell 10%, the most in a single d

Following Sony Indias decision to scrap a $10 billion merger with the Indian broadcaster, shares of Zee Entertainment fell 10%, the most in a single day since April 2021. This choice raises Concerns about Zees viability in an increasingly cutthroat sector. At least five brokerages dropped their price estimates and suggested selling Zees shares. The dissolution of the merger negotiations, which sought to establish one of Indias most extensive TV networks, raises concerns about Zees future, especially in light of Disneys intention to combine its Indian operations with Reliance, owned by Mukesh Ambani. Analysts speculate that Zee would draw in other bidders, but they warn that shareholder action against the companys management might result from the failed acquisition. Read More..

B2B Tech News | 2 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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