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Twitter Competitor Pebble Faces Tough Market, Announces November Shutdown

Under Elon Musks leadership, the microblogging platform formerly known as Twitter, now called X, has made several changes, leading to dissatisfaction

Under Elon Musks leadership, the microblogging platform formerly known as Twitter, now called X, has made several changes, leading to dissatisfaction among its users and causing many to seek alternative platforms like Threads, Mastodon, and Bluesky Social. Pebble, another microblogging platform, has struggled in this competitive environment and has now announced its shutdown, effective from November 1. The CEO of Pebble, Cselle, explained that the rapid evolution of the competitive landscape, with similar platforms emerging, led to this decision, despite Pebbles recent introduction of a For You feature designed to rival Xs offerings. Read More..

B2B Tech News | 2 years ago          

Microsofts $3.2 Billion Investment Marks Its Largest in Australia in Four Decades

Microsoft will invest $3.2 billion in Australia, its largest investment there in 40 years. Theyll expand cloud and AI infrastructure, growing data cen

Microsoft will invest $3.2 billion in Australia, its largest investment there in 40 years. Theyll expand cloud and AI infrastructure, growing data centers by 45% to 29 sites in Canberra, Sydney, and Melbourne. Microsoft will also partner with New South Wales for a Datacenter Academy and collaborate with the Australian Signals Directorate on cybersecurity. This aligns with the Aukus agreement, focusing on quantum computing and AI collaboration. Prime Minister Albanese sees it as vital for preparing Australias tech workforce, aiming for 1.2 million tech jobs by 2030. Read More..

B2B Tech News | 2 years ago          

Mondu Partners with 16 UK Companies to Enhance B2B Payment Solutions

Berlinbased B2B payments company Mondu has received approval from the Financial Conduct Authority FCA and is set to collaborate with 16 UK clients. Mo

Berlinbased B2B payments company Mondu has received approval from the Financial Conduct Authority FCA and is set to collaborate with 16 UK clients. Mondu, which previously achieved substantial growth in Germany, Austria, and the Netherlands, entered the UK market this year with an office in London, led by former TrueLayer UK country manager Roger De’Ath. The company, known for providing B2B payment solutions, conducted a $14 million equitybased seed round in October 2021. With the UKs highly digitized market and the B2B ecommerce sector valued at over $200 billion, Mondus FCA approval is a strategic move. Notable among its 16 new clients are PCSpecialist, Hughes Trade, Clooper, Sera Technology, and Raw Sport. Read More..

B2B Tech News | 2 years ago          

Musk Ponders Removing Twitter from Europe Amid Regulatory Changes

Elon Musk, the owner of social platform X, is contemplating taking down the oncenamed Twitter from Europe due to new internet regulations. These regul

Elon Musk, the owner of social platform X, is contemplating taking down the oncenamed Twitter from Europe due to new internet regulations. These regulations, part of the Digital Services Act adopted by the European Union in August, aim to control harmful content, restrict usertargeting practices, and share data with regulators. Musk is considering either making the app unavailable in the region or blocking EU users from accessing it. Read More..

B2B Tech News | 2 years ago          

Metas "Broadcast Channels" Expands Reach to Facebook and Messenger

Mark Zuckerberg, CEO of Meta, is bringing the "broadcast channels" feature to Facebook and Messenger, after its rollout on Instagram and WhatsApp. Thi

Mark Zuckerberg, CEO of Meta, is bringing the "broadcast channels" feature to Facebook and Messenger, after its rollout on Instagram and WhatsApp. This feature will be available in the coming weeks, allowing Pages to share voice notes, text, photos/videos, and GIFs with their audience. It enables direct interaction between creators/public figures and their followers. Users with a Facebook Page can easily create a channel, and followers will receive notifications for new messages. Read More..

B2B Tech News | 2 years ago          

Amazons New MK30 Drones to Revolutionize International Package Delivery

Amazon is expanding its Prime Air drone delivery service to the UK, Italy, and an undisclosed US city by late 2024. They are introducing the MK30 dron

Amazon is expanding its Prime Air drone delivery service to the UK, Italy, and an undisclosed US city by late 2024. They are introducing the MK30 drone, which can fly farther and in diverse weather conditions. Instead of standalone delivery centers, drones will now work alongside traditional delivery vehicles. Amazon has worked with regulators and communities to ensure safety. This expansion aims to offer faster, more efficient delivery options for customers with a wide range of eligible products. Read More..

B2B Tech News | 2 years ago          

Wall Street Titans Voice Concerns Over Global Economy in Saudi Arabia

Leading Wall Street financiers voiced their dismal outlook for the world economy at the Future Investment Initiative, a significant conference held in

Leading Wall Street financiers voiced their dismal outlook for the world economy at the Future Investment Initiative, a significant conference held in Saudi Arabia. Typically, this is a chance to network and pursue business opportunities with Saudi Arabias largest corporations and sovereign wealth fund. But the main topic of conversation was the bloody war between Israel and Hamas, with some financiers advising Saudi Arabia to press forward with its attempts to build formal diplomatic ties with Israel in spite of the recent developments. The war was seen as posing a serious geopolitical risk to global trade. The economic effects of ongoing wars and record debts, as well as artificial intelligence and rising interest rates, were also highlighted by financial leaders. Read More..

B2B Tech News | 2 years ago          

Deutsche Banks Q3 Profits Drop 8%, Beats Expectations

Exceeding analysts predictions, Deutsche Bank revealed a shocking 8% decline in thirdquarter profit. Investment bank revenue plummeted, although growt

Exceeding analysts predictions, Deutsche Bank revealed a shocking 8% decline in thirdquarter profit. Investment bank revenue plummeted, although growth was observed in the retail and corporate divisions as a result of rising interest rates. Motivated by better performance from its retail segment, the bank raised its fullyear revenue expectation to €29 billion, which is the upper half of its projection range. It was the 13th consecutive profitable quarter, demonstrating steady growth and cost discipline, despite the decline in earnings. For the entire year, Deutsche Banks retail division is anticipated to surpass the investment bank in terms of revenue generation. Revenue from investment banking decreased by 4%, exceeding forecasts. Read More..

B2B Tech News | 2 years ago          



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