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Seamless Shopping Amazon Strikes Deal with Snapchat for InApp Purchases

According to reports, Amazon and Snapchat have struck an agreement that would allow consumers to buy directly from Amazon through Snapchat advertiseme

According to reports, Amazon and Snapchat have struck an agreement that would allow consumers to buy directly from Amazon through Snapchat advertisements. This is in line with Amazons prior collaboration with Facebooks parent firm, Meta Platforms. Because of the partnership with Snapchat, American consumers may buy Amazon goods right inside the app, which shows realtime price, Prime eligibility, and shipping estimates. Amazon has not yet provided a statement, but this action is indicative of a rising trend in which ecommerce companies are connecting with social media apps to improve consumer convenience and expedite the purchase experience. Read More..

B2B Tech News | 2 years ago        

SK Energys Crude Oil Operations to Become Independent Company

SK Energy, a division of South Korean company SK Innovation, is dividing its crude oil storage and transportation operations to establish a standalone

SK Energy, a division of South Korean company SK Innovation, is dividing its crude oil storage and transportation operations to establish a standalone company focused on oil storage and logistics. The largest oil refiner in Korea, SK Energy, confirmed the approval of this spinoff during a recent board meeting, intending to launch the new company, provisionally named SK Tank Terminal Co., on January 1 pending further approval at an upcoming shareholders meeting. This new entity, entirely owned by SK Innovation, will take over the handling of crude oil and petrochemical product storage and transportation previously managed within SK Energy. It oversees storage tanks at Ulsans SK Energy complex and dock facilities near the port city. Read More..

B2B Tech News | 2 years ago        

Tech Titans Join Forces to Boost Womens Role in Industry

In a collaborative effort, Inlight and Girls in Tech Australia are joining forces to empower women in the tech sphere. Through sponsored events, they

In a collaborative effort, Inlight and Girls in Tech Australia are joining forces to empower women in the tech sphere. Through sponsored events, they aim to bridge opportunities, facilitate networking, and cultivate discussions on industry advancements and leadership. This partnership prioritizes the promotion of gender diversity and aims to establish an inclusive environment within the tech sector. Noteworthy events in their lineup include Career Kickstart scheduled for February 2024 and #Powerskills Panel set for May 2024, both to be held in Melbourne. These gatherings seek to galvanize women, offering insights into career initiation and leveraging vital skills, while also fostering dialogue on industry trends and leadership strategies. Read More..

B2B Tech News | 2 years ago        

Chinas Rapid Green Energy Growth Welcomes Unconventional Manufacturers

China is experiencing swift growth in its renewable energy industry, notably in solar manufacturing, with unconventional participants such as dairy fa

China is experiencing swift growth in its renewable energy industry, notably in solar manufacturing, with unconventional participants such as dairy farmers and toy makers entering the market. The increased investment in green energy is resulting in an excess of solar components. This surplus is not only affecting the industry but also posing challenges for other regions, particularly Europe, attempting to establish their own manufacturing capabilities in this sector. The overwhelming production of solar components in China is causing ripples globally, making it difficult for other areas to compete or establish themselves in this market. Read More..

B2B Tech News | 2 years ago        

Tech Industrys Employment Crisis 250,000 Jobs Slashed Amid Global Conditions

Global tech and startup sectors faced continued layoffs, with approximately 248,974 employees laid off by 1,106 tech companies this year, attributed t

Global tech and startup sectors faced continued layoffs, with approximately 248,974 employees laid off by 1,106 tech companies this year, attributed to macroeconomic conditions. Daily, an average of 555 employees lost jobs over the last two years, with retail tech and consumer tech leading layoffs. More layoffs are expected in 2023. Notable layoffs include Ubisoft, Unity, Snap, F5, Viasat, and Splunk, among others, affecting hundreds of employees due to restructuring, costsaving measures, and acquisitions. Read More..

B2B Tech News | 2 years ago        

Livent Eyes $10.6 Billion Merger with Allkem Creates Global Lithium Powerhouse

Important US Lithium producer Livent is scheduled to meet with Australian investors to talk about merging with Allkem for $10.6 billion. Amid a declin

Important US Lithium producer Livent is scheduled to meet with Australian investors to talk about merging with Allkem for $10.6 billion. Amid a decline in Lithium prices and demand, the combination would make the company the thirdlargest manufacturer in the world. Should the acquisition be approved by Allkem shareholders on December 19, Paul Graves, the CEO of Livent, will assume the lead role at the recently established Arcadium Lithium. Australia, Canada, and Argentinas Lithium holdings would be combined in the merger, making Arcadium Lithium the worlds thirdlargest producer of Lithium. By 2027, pretax operational cost synergies from the purchase should provide around $125 million in annual savings. Read More..

B2B Tech News | 2 years ago        

BP, Edison, Shell Call on USEU Task Force Amid LNG Disputes

The USEU Task Force on Energy Security has received requests from BP, Edison, and Shell to step in and resolve a disagreement between Venture Global L

The USEU Task Force on Energy Security has received requests from BP, Edison, and Shell to step in and resolve a disagreement between Venture Global LNG and the companys noncompliance with an agreement to provide Liquefied Natural Gas LNG. Three businesses have filed claims in contract arbitration with Venture Global LNG, along with one other, alleging that the company has not supplied enough gas and that it has not finished repairing its Calcasieu Pass LNG plant. According to Venture Global LNG, the plants partial shutdown is a result of malfunctioning power equipment being fixed. To exert pressure on Venture Global LNG about the contracts, the three firms appealed to the task force. Read More..

B2B Tech News | 2 years ago        

Exxon Mobil Dives into Lithium Mining, Targets 2026 Production for EV Boom

Exxon Mobil is anticipated to declare intentions to begin producing Lithium in Arkansas by 2026 to meet the rising demand for the metals used in EV ba

Exxon Mobil is anticipated to declare intentions to begin producing Lithium in Arkansas by 2026 to meet the rising demand for the metals used in EV batteries. With Tetra Technologies, Exxon hopes to manufacture 10,000 metric tonnes of Lithium annually in Arkansas by 2026 as part of "Project Evergreen." This action is being taken to increase the amount of Lithium produced worldwide from brine reserves that are salted. To test Direct Lithium Extraction DLE technology, which is essential for commercial operations, Exxon has started digging wells in Arkansas. It would be enough to produce about 100,000 EV batteries in the first run. Read More..

B2B Tech News | 2 years ago        



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Refresh Your Facts

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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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