billion

Kiswe Powers Over Half a Billion Fan Engagements Around the Globe in 2020

Big Hit, BTS, Justin Bieber, NBA and PGA TOUR among the first to redefine entertainment with Kiswe’s patented, award-winning fan engagement technology

NEW PROVIDENCE, N.J. (PRWEB) March 17, 2021

Kiswe, the global technology powering the new digital fan experience, today announces record-breaking engagement numbers and overall company growth in 2020. Last year, 1.4 million viewers in nearly 200 countries enjoyed Kiswe’s pay per view solution for a combined 4.68M hours and 537.2 million interactive engagements – an average approaching 400 times per fan – and Kiswe delivered nearly 20 billion chat messages to fans. Overall, Kiswe grew company revenue 10x in 2020 compared to 2019.

The announcement comes on the heels of news that YG Entertainment (“YG”) and Universal Music Group (“UMG”) have entered Kiswe’s joint venture with Big Hit Entertainment (“Bit Hit”), forming VenewLive, a new digital live performance platform powered by Kiswe, to bring artists and fans

Read More

Global deal making soars to almost $700 billion so far this year

Companies across the globe clinched almost $700 billion worth of mergers and acquisitions during the first two months of the year, as consolidation in the technology sector fueled a surge in deal activity.

In February alone, deals totaling $405.3 billion were announced globally, an increase of 45% compared with the same month last year, according to data from Refinitiv. That is the highest February on record since the financial data provider’s records began in the 1970s.

The burst of activity takes the value of M&A announced so far this year to $698.7 billion, 56% more than the same period last year and a year-to-date total only exceeded twice before, in the years 2000 — at the peak of the dot-com boom — and in 2018.

Read: Surge in megadeals points to M&A recovery as tech sector dominates

The technology sector dominated global deal activity for the seventh month in a

Read More

Global Contactless Biometrics Technology Market Report 2020: Market is Expected to Reach $22.44 Billion by 2026, Growing at a CAGR of 18.3% from 2019 to 2026 | News

DUBLIN, Jan. 19, 2021 /PRNewswire/ — The “Global Contactless Biometrics Technology Market Analysis 2020” report has been added to ResearchAndMarkets.com‘s offering.

The Global Contactless Biometrics Technology market is expected to reach $22.44 billion by 2026 growing at a CAGR of 18.3% from 2019 to 2026.

Biometrics can be defined is the technique used to recognize and record a person’s unique traits by an electrical device. Contactless biometric technology offers the use of touchless authentication technology, which provides a safer mode based on hygiene and convenience.

Factors such as rising demand for the high level of security, increasing focus on hygiene, and technological advancements are driving the growth of the market. However, the possibility of data theft is restraining the growth of the market.

Based on the application, the iris segment is going to have a lucrative growth during the forecast period as an iris-based system is accurate, fast,

Read More

A quarter of a billion people could find themselves jobless this year

Microsoft president Brad Smith. Photo: Getty
Microsoft president Brad Smith. Photo: Getty

Microsoft (MFST) president Brad Smith says global unemployment may reach a quarter of a billion people in 2020.

His stark warning comes as the US Congressional Budget Office estimates a 12.3 point increase in the unemployment rate putting 21 million employees newly out of work.

“It is a staggering number. The pandemic respects no border. Many other countries and continents face similar challenges,” Smith told the BBC.

Millions will need to learn new digital skills to get jobs or retain their existing employment, according to the tech giant boss.

Microsoft recently announced plans to deliver skills and training to 25 million people across the globe with the help of its subsidiary company LinkedIn.

It will spend $20m (£19.6m) on the programme. The software company estimates the global workforce can absorb around 149 million new technology-oriented jobs.

READ MORE: Coronavirus: Up to 1,200

Read More