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EU and China Pursue Alternative Solutions to Tariffs on Chinese Electric Vehicles

The European Commission and Chinas trade ministry said Friday that the EU and China have agreed to conduct more technical discussions on alternatives

The European Commission and Chinas trade ministry said Friday that the EU and China have agreed to conduct more technical discussions on alternatives to tariffs on Chinesemade electric vehicles. After an antisubsidy inquiry, the EU is set to apply tariffs of up to 35.3% next week, although it has stated that it is open to having more talks. As alternatives to tariffs, the discussions can look at possible investments in Europe or minimum pricing pledges from Chinese producers. Both parties reaffirmed their commitment to finding a solution that guarantees fairness in the EU market and complies with WTO regulations after a video conference between Chinese Minister of Commerce Wang Wentao and EU Trade Chief Valdis Dombrovskis. Read More..

B2B Tech News | 1 months ago        

Alphabets Waymo Closes $5.6 Billion Funding Round, Eyes Growth in Major Cities

To grow its autonomous ridehailing service, Alphabets Waymo division revealed on Friday that it had concluded a $5.6 billion investment round headed b

To grow its autonomous ridehailing service, Alphabets Waymo division revealed on Friday that it had concluded a $5.6 billion investment round headed by its parent firm, Google. Notable investors Andreessen Horowitz, Fidelity, and Tiger Global contributed to the round. In places including San Francisco, Phoenix, Los Angeles, Austin, and Atlanta—the latter through an extended cooperation with Uber—Waymo hopes to boost ridership in its Waymo One service with this additional cash. Autonomous ridehailing garners investment as businesses look for financial viability despite regulatory obstacles and scepticism. After much testing, Waymo started providing paid trips in 2022 and is still growing in this cutthroat industry. Read More..

B2B Tech News | 1 months ago        

Ethiopian PM Abiy Ahmed Joins BRICS Summit, Engages with Putin on Bilateral Ties

In a bilateral meeting with Russian President Vladimir Putin on October 23, Ethiopian Prime Minister Abiy Ahmed attended his first BRICS summit. Putin

In a bilateral meeting with Russian President Vladimir Putin on October 23, Ethiopian Prime Minister Abiy Ahmed attended his first BRICS summit. Putin noted the longstanding diplomatic connections between the nations and hailed Ethiopias admission into BRICS as a significant step. Noting Ethiopias backing for Russian efforts at the UN, he underlined their shared stance on several international problems. Ahmed highlighted Ethiopias position as the thirdlargest economy in SubSaharan Africa when arguing for increased intraBRICS investment and trade during the Kazan summit. Ethiopia, which formally joined BRICS earlier this year, hopes to counteract Western dominance by amplifying the voices of the Global South and promoting a multipolar world. Read More..

B2B Tech News | 1 months ago        

World Bank Unveils 20242030 Gender Strategy to Boost Womens Economic Opportunities

To expand economic possibilities for women worldwide, the World Bank has released a new Gender Strategy for 2024–2030. Aiming to provide 300 million

To expand economic possibilities for women worldwide, the World Bank has released a new Gender Strategy for 2024–2030. Aiming to provide 300 million additional women with broadband internet access by 2030, the initiative was unveiled at the annual meetings of the IMF and World Bank. This would allow them to access vital services like financial possibilities and education. Along with helping 250 million women through social protection programs that target the most disadvantaged groups, it also intends to help 80 million women and womenled companies overcome obstacles to entrepreneurship by providing financing. According to World Bank President Ajay Banga, increasing womens economic engagement boosts families and communities, promoting dignity and hope while strengthening the global economy. Read More..

B2B Tech News | 1 months ago        

YouTube Shopping Launches in India, Expanding Monetization for Creators

YouTube Shopping was introduced in India, giving video producers more alternatives for making money. After launching in the US and South Korea, qualif

YouTube Shopping was introduced in India, giving video producers more alternatives for making money. After launching in the US and South Korea, qualified artists may tag companies in their shorts, livestreams, and movies. This tool, found online and mobile apps, enables designers to collaborate with Flipkart and Myntra, two significant ecommerce platforms. After being accepted into the affiliate network, artists may tag up to 30 things in a video and get paid when people buy something from those links. Channels must be situated in India, be a part of the YouTube Partner Program, and have more than 10,000 subscribers to be eligible. Channels intended for children or have community guidelines strikes are not allowed. Read More..

B2B Tech News | 1 months ago        

Vietnam Unveils Ambitious Roadmap to Become Blockchain Technology Hub by 2030

By 2030, the Vietnamese government wants to make the nation a centre for blockchain technology. This fivestep action plan includes legal changes and i

By 2030, the Vietnamese government wants to make the nation a centre for blockchain technology. This fivestep action plan includes legal changes and international collaborations to advance blockchain research and development. As part of the National Blockchain Strategy, Vietnam wants to establish a supporting industrial ecosystem and incubate 20 blockchain businesses across various industries. The Vietnam Blockchain Association will work with essential ministries, such as Science and Technology and Information and Communications, to further research projects. After recognising digital assets as intangible property, the government also intends to build up blockchain testing facilities and provide training in this new technology to support an open digital economy. Read More..

B2B Tech News | 1 months ago        

Rapid Growth for Huawei Cloud in South Africa Serving Over 1,000 Clients Across Multiple Sectors

Huawei Cloud has increased in South Africa over the last five years, significantly expanding its clientele and market share. To gain a larger share of

Huawei Cloud has increased in South Africa over the last five years, significantly expanding its clientele and market share. To gain a larger share of the expanding cloud industry, which is expected to increase at a compound annual growth rate of about 26% to reach 113 billion rand $6 billion by 2028, the firm plans to further diversify its products. The company has expanded more than 16 times over this time, according to Jacqueline Shi, president of Huawei Cloud Global Marketing and Sales Service. It now serves over 1,000 clients in various industries, including banking and government. Despite this expansion, Shi admitted that overall income is still low, so more cloud solutions are being planned. Huawei Cloud competes with major players like Microsoft, Amazon, and Google and operates three data centre zones in Johannesburg. Read More..

B2B Tech News | 1 months ago        

BRICS Summit Highlights Economic Opportunities as Putin Advocates for Grain Exchange

Russian President Vladimir Putin highlighted the countrys economic potential during the BRICS conference in Kazan and suggested creating a BRICS inves

Russian President Vladimir Putin highlighted the countrys economic potential during the BRICS conference in Kazan and suggested creating a BRICS investment platform and a common grain market. He warned that climate agendas shouldnt stifle market competitiveness and argued for a "balanced approach" to climate challenges. Members of 36 nations attended the meeting, which focused on the failures of U.S.led efforts to isolate Russia over its activities in Ukraine. Putin said that several BRICS countries are major grain producers, and he recommended that the grain exchange develop fair pricing indications to improve food security and protect against outside market forces. To challenge Western domination, the Kremlin wants to fortify its connections with countries in the Global South by establishing BRICS. Read More..

B2B Tech News | 2 months ago        



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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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5.  Approximately 8 billion gadgets connect on the internet every day.
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