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Toyota, Subaru, and Mazda Collaborate on Compact Engines for Electrification

Toyota, Subaru, and Mazda revealed plans to create tiny engines specifically for electrification to achieve lower hood profiles and improve interactio

Toyota, Subaru, and Mazda revealed plans to create tiny engines specifically for electrification to achieve lower hood profiles and improve interaction with electric drive units. Toyota, a pioneer in gasolineelectric hybrids, believes that more innovative and profitable car designs depend on small engines. The move highlights the companys tight cooperation since Toyota has stock in Subaru and Mazda. In the face of tighter pollution regulations, the trio wants to decarbonise internal combustion engines so they can run on other fuels. Toyota offers cars with different engine options as part of their "multipathway" strategy to achieve carbon neutrality. Toyota Chairman Akio Toyoda forecasts a small market share for electric vehicles EVs despite the trend towards electrification, with hybrid and fuelcell cars continuing to hold a substantial position. Read More..

B2B Tech News | 1 months ago        

South Korea Unveils Tax Incentives to Boost Listed Companies Value

Choi Sangmok, the finance minister of South Korea, revealed intentions to implement comprehensive tax incentives as a component of business reforms me

Choi Sangmok, the finance minister of South Korea, revealed intentions to implement comprehensive tax incentives as a component of business reforms meant to raise the value of listed firms. Authorities will finalise tax advantages under the "Valueup Programme" through yearly tax code modifications after soliciting input from market participants. The programme, first put up in February, attempts to increase dividend income and shareholder returns for businesses. The government will also announce initiatives to boost the semiconductor sector and improve regulations to increase the competitiveness of homegrown businesses abroad. Choi also praised support for a threeway free trade pact with China and Japan to expedite talks. Regarding the domestic economy, Choi predicted stable consumer inflation in the midtolower 2% range in the second half of the year, with expected growth in tax revenue compared to the previous year despite weakerthanexpected corporate tax incomes. Read More..

B2B Tech News | 1 months ago        

Nokia Set to Replace Huawei in Portuguese 5G Contract with MEO

Nokia is about to replace Huawei as the only provider of 2G, 3G, and 4G RAN equipment for Portuguese telecommunications operator MEO with a deal to de

Nokia is about to replace Huawei as the only provider of 2G, 3G, and 4G RAN equipment for Portuguese telecommunications operator MEO with a deal to deliver 5G radio equipment. Despite being agreed upon, the deal is still awaiting signing an announcement is anticipated for next month. Historically, MEO, owned by Altice in France, has only used Huawei for its RAN gear. In an internal blog post, Tommi Uitto, President of Nokia Mobile Networks, verified the choice. MEO has not replied to demands for comment, and neither Huawei nor Nokia offered a statement. With this action, Nokia is reentering Portugals RAN market to reclaim the market share it previously lost to Huawei. Nokia and Ericsson are still competitors in the telecom equipment sector despite difficulties and a drop in RAN demand. Read More..

B2B Tech News | 1 months ago        

Adani Group Set to Enter Ecommerce and Digital Payments Arena

With the goal of diversifying its business and taking on industry titans like Reliance, Amazon, and Walmart, the Adani Group, a significant conglomera

With the goal of diversifying its business and taking on industry titans like Reliance, Amazon, and Walmart, the Adani Group, a significant conglomerate in India, is considering a move into digital payments and ecommerce. It is contemplating introducing a cobranded credit card with banks and requesting a licence on Indias Unified Payments Interface. Prior to the release of the Adani One consumer app, Adani made references to potential Uber partnerships. The group intends to provide online shopping via the ONDC platform, which is supported by the government. Indias retail business is a major battlefield, expected to reach $1.27 trillion by the end of the next year. Flipkart is the leader in ecommerce, but Google Pay and PhonePe rule mobile payments. Adani One would target its current user base through the integration of Adanis services. This action is the result of difficulties, including claims of market manipulation, which have led to a significant stock decline, which Adani denies. Read More..

B2B Tech News | 1 months ago        

Canada Orders Dissolution of Bluvec Technologies Inc and Pegauni Technology Inc Over National Security Concerns

Citing concerns over national security, Canada has ordered the breakup of Pegauni Technology Inc. and Bluvec Technologies Inc. While Canada welcomes f

Citing concerns over national security, Canada has ordered the breakup of Pegauni Technology Inc. and Bluvec Technologies Inc. While Canada welcomes foreign investment, Minister of Innovation FrancoisPhilippe Champagne clarified that when such investments threaten national security, Canada will take decisive action. Canadas national security and intelligence community conducted a thorough study before making this conclusion. Nevertheless, the announcement omitted information about the firms besides their names, security concerns, or investment specifics. Pegauni Technologies website was unavailable, but Bluvec Technologies is purported to manufacture dronedetecting equipment. This action coincides with changes made to the Investment Canada Act earlier in the year that tightened national security assessments of foreign investments in Canada. Read More..

B2B Tech News | 2 months ago        

Zimbabwe Approves Starlink for Operation, Bringing HighSpeed Internet Access

President Emmerson Mnangagwa of Zimbabwe stated that Elon Musks Starlink has been given the goahead to begin operations. With lowEarth orbit satellite

President Emmerson Mnangagwa of Zimbabwe stated that Elon Musks Starlink has been given the goahead to begin operations. With lowEarth orbit satellite technology, this move will provide both urban and rural communities with highspeed, reasonably priced internet. IMC Communications, Starlinks sole local partner, will enable its services. With just 34.8% of Zimbabweans now having access to the internet, this clearance is a big step in the right direction towards closing the countrys digital divide. On the other hand, it aligns with the governments offensive against unregistered users who are smuggling Starlink kits from adjacent nations. Official Starlink services have been made in Nigeria, Mozambique, Zambia, Kenya, and Malawi as part of Starlinks expansion into Africa however, Cameroon recently confiscated Starlink equipment because of licensing problems. Read More..

B2B Tech News | 2 months ago        

Chinese Premier Welcomes Samsung Chairmans Further Investment in China

During their meeting in Seoul, Chinese Premier Li Qiang warmly welcomed Samsung Chairman Jay Y. Lee and encouraged him to invest more in China. This a

During their meeting in Seoul, Chinese Premier Li Qiang warmly welcomed Samsung Chairman Jay Y. Lee and encouraged him to invest more in China. This act was made amid the geopolitical unpredictability that international companies encountered in the Chinese market. The threeway meetings between the Asian neighbours took place ahead of a historic summit that featured Li, South Korean President Yoon Suk Yeol, and Japanese Prime Minister Fumio Kishida. These conversations had not taken place in more than four years. Over the last six years, Samsung Electronics has already made $24 billion in investments in China. China is open to international investment and cooperation to stabilise industrial supply chains, as demonstrated by Lis meeting with a Samsung executive, despite obstacles arising from U.S.China tensions and export restrictions on advanced semiconductors. Read More..

B2B Tech News | 2 months ago        

Google to Invest in Flipkarts Latest Funding Round Led by Walmart

With regulatory permissions pending, Flipkart has revealed that Google would participate as a minority investor in its most recent investment round, w

With regulatory permissions pending, Flipkart has revealed that Google would participate as a minority investor in its most recent investment round, which Walmart is heading. Googles investment will help Flipkart grow and modernise Indias digital infrastructure. Cloud services will also be part of the agreement to improve Flipkarts business processes. The grocery category on Flipkart has grown significantly—1.6 times more than it did the previous year. Nextday delivery is available in more than 200 locations, including tier 2+ towns and metropolises, through the Flipkart Grocery service. Furthermore, according to Flipkart, over 50% of food deliveries are made with electric cars, and EV deliveries have grown by an astounding 140% annually. 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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