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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

“Soci became an essential partner to brands for this transformation, which led to an increased need for brands to turn to technology to manage their presence in local digital market channels.” ” Khoury has a colorful background. ” Khoury has a colorful background.

Marketing 234
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What IT executives are saying about vendor consolidation

CIO

As the tech economy has adjusted to the current economic environment, there has been a great deal of debate in both the vendor and investor communities about vendor consolidation. Based on the feedback from the CIO Tech Talk base, at least for the near-term the answer appears to be “no”. 10X in 10 Years – can this continue?

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Fintechs in Africa continue to overshadow all other startups in funding gained

TechCrunch

The year 2021 saw more and bigger deals closed in Africa, as tech startups across the continent raised close to $5 billion. Fintechs dominated the fundraising, accounting for nearly $3 billion, or two thirds of all the investment realized by startups across the continent last year, a report by markets insights firm Briter Bridges shows.

Fintech 289
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SVB contagion: UK arm shuts down, government scrambles and startups brace for the worst

TechCrunch

The move could affect as much as 30% of UK tech startups, with potentially 10%, industry sources estimate. Additionally, a group of VCs released the following statement, which reads: “SVB-UK is a trusted and valued partner of the entire innovation ecosystem powering founders and the venture capital industry.

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How African CIOs can serve as agents of adoption for digital currencies

CIO

This reality can be seen in how Africans react toward certain digital innovations such as e-currencies, whose implementation, according to experts, is slowed by the lack of digital education. This is a serious problem that prevents people from understanding the ins and outs of innovations.”. People still equate IT with bureaucrats.

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4 Images That Show What Developers Think Of Layoffs In Tech

Hacker Earth Developers Blog

In the first 8 months of 2022, we reached half that number with 500+ companies announcing layoffs in tech in August. The massive wave of downsizing has hit every tech sector in the world. Meta, Twitter, Netflix, Noom, Wipro, and Oracle are just some of the tech names that have had to let go of their workforce.

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How companies are innovating in the energy sector

Hacker Earth Developers Blog

As technologies and consumer behaviors continue to evolve, new service opportunities and business models will also emerge. Through innovative solutions that spawn from a broad spectrum of expertise and collaboration…. Global cooperation, sustainable economic growth, and technology innovation are needed to balance the energy trilemma.

Energy 174