Part I: The German Tech Firms to Watch in 2023

The technology and information technology market in Germany has been one of the most dynamic in recent years. More than a quarter of Europe's market for innovative technologies like blockchain, IoT, and big data is located in Germany. In 2020, the German software market was predicted to bring...

To keep up with the rising demand in healthcare facilities, South Korea places a premium on imaging systems that utilize artificial intelligence.

To fullfill the rising demand in hospitals, a number of South Korean health tech firms are forming partnerships with domestic and international corporations to provide AI-based imaging solutions. In this context, Global Data predicts that between 2023 and 2030, the diagnostic imaging market in So...

UAE’s Mashreq Bank Has Entrusted an Israeli Tech Firm for Cross-border Transfers

Mashreq Bank of the United Arab Emirates has chosen a transaction monitoring solution driven by Artificial Intelligence and developed by ThetaRay for correspondent banking.

ThetaRay is an Israeli Tech Firm based in Tell Aviv. Mashreq Bank will be benefitting from its AI-driven solutions...

NEW EU RULES LIKELY TO FORCE U.S. TECH FIRMS TO CHANGE BUSINESS PRACTICES IN EUROPE

Highlights

• This move has been made to keep tech giants in control and curb the emergence of anti-competitive dominant companies

• As per the new draft EU rules major technology companies in the U.S. including likes of Apple and Facebook may require to change their ...

TECH COMPANIES FAVORING CHINA, HANDING OVER HONG KONG CLIENT DATA

HIGHLIGHTS

• Big Techies might be helping China with client data on special requests.

The charge of conceivable mystery participation between significant organizations and Hong Kong specialists follows the usage of a broad and dubious new public ...

ALIBABA HAS LITTLE SAY IN SNAPDEAL GOVERNANCE OR OPERATIONS

• Chinese e-commerce goliath Alibaba holds a meagre 3% stake in Snapdeal , hence has no role  cut out for it its operations or governance, the ecommerce company’s cofounder and CEO Kunal Bahl said.
• Both domestic as well as foreign companies are anticipated to abide by ...

A BLOW TO US-LISTED CHINESE FIRMS

Highlights:

• It has been a tumultuous week for Chinese tech firms abroad- Huawei is pressurized by the US, a big blow to the US-listed Chinese firms, and TikTok’s new boss.
• American investors have been pumping billions of dollars in the Chinese f...