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South Africa Seeks U.S. Talks Over Proposed 25% Auto Tariff Impact

South Africa wants to meet with U.S. officials to discuss concerns around a planned 25% car import tax. Trade Minister Parks Tau emphasised that the A

South Africa wants to meet with U.S. officials to discuss concerns around a planned 25% car import tax. Trade Minister Parks Tau emphasised that the African Growth and Opportunity Act AGOA provides dutyfree access for South Africas car exports worth over $2 billion. 64% of South Africas AGOA exports are autos therefore, the additional tariffs might have a big effect on the countrys economy. Tau stressed that the U.S. auto sector is not threatened by South Africas exports, which only make up a small portion of the countrys car imports. The government intends to work with local automakers and U.S. officials to lessen possible economic effects. Read More..

B2B Tech News | 2 months ago        

Vietnam to Host Xi Jinping and EU Leaders Amid Rising U.S. Trade Tariffs

In the upcoming weeks, Chinese President Xi Jinping and European Union leaders will make several highprofile diplomatic visits to Vietnam. Due to thei

In the upcoming weeks, Chinese President Xi Jinping and European Union leaders will make several highprofile diplomatic visits to Vietnam. Due to their substantial trade surpluses with the United States, China, Vietnam, and the European Union have been affected by the escalating trade tariffs imposed by the United States. Xi Jinpings April 14 visit aims to strengthen infrastructure and trade relations, including talks on connecting China and northern Vietnam via railway projects. EU politicians are also anticipated to travel to enhance commercial ties with Vietnam, including EU Trade Commissioner Maros Sefcovic and Prime Minister Pedro Sanchez of Spain. This diplomatic action highlights Vietnams strategic importance in managing trade tensions worldwide. Read More..

B2B Tech News | 2 months ago        

Alphawaves HighSpeed Data Transfer Tech Attracts Qualcomms Interest

Alphawave IP Group, a UKbased semiconductor intellectual property provider specialising in highspeed data transfer technology essential for AI applica

Alphawave IP Group, a UKbased semiconductor intellectual property provider specialising in highspeed data transfer technology essential for AI applications, is being considered for acquisition by Qualcomm. In response to this possible sale, Alphawaves shares surged by more than 50%, valuing the company at over $913 million. Qualcomm has until 29 April 2025 to either abandon its interest or make a solid offer. This action aligns with Qualcomms plan to fortify its position in the semiconductor and artificial intelligence sectors. Read More..

B2B Tech News | 2 months ago        

Arm Holdings Explores Alphawave Acquisition to Boost AI Chip Technology

SoftBankowned Arm Holdings has looked into purchasing Alphawave, a semiconductor intellectual property supplier located in the UK, to advance its AI c

SoftBankowned Arm Holdings has looked into purchasing Alphawave, a semiconductor intellectual property supplier located in the UK, to advance its AI chip technology. Alphawave is an expert in "series" serializerdeserializer technology, essential for fast data transfer in artificial intelligence applications such as chatbots. Despite early talks, Arm chose not to go through with the purchase. Other prospective purchasers are also showing interest in Alphawave, which is valued at about $913 million. This action underlines Arms strategic commitment to developing AI capabilities while overcoming obstacles such as changing business models and linkages to China. Read More..

B2B Tech News | 2 months ago        

Visa Offers Apple $100 Million to Replace Mastercard as Apple Card Partner

Apple has received a $100 million offer from Visa to take Mastercards place as the Apple Cards credit card partner. This audacious action involves an

Apple has received a $100 million offer from Visa to take Mastercards place as the Apple Cards credit card partner. This audacious action involves an upfront payment usually only made for large credit card programs. To become the network and issuer, American Express is also vying for collaboration. After splitting from Goldman Sachs, which was once affiliated with Mastercard, Apple is looking into other options. The fierce rivalry amongst financial institutions in landing highprofile partnerships with tech behemoths is highlighted by this development. Read More..

B2B Tech News | 2 months ago        

ArcelorMittal South Africa Delays Plant Closures to August 31 with IDC Support

After receiving a $92 million investment from the Industrial Development Corporation IDC, ArcelorMittal South Africa has delayed the shutdown of its l

After receiving a $92 million investment from the Industrial Development Corporation IDC, ArcelorMittal South Africa has delayed the shutdown of its long steel plants until August 31, 2025. The money will keep things running smoothly and keep about 3,500 jobs from being lost. Due to competition from recycling minimills and high freight rail and electricity rates, the corporation has previously stated that it intended to close these units. Although this deferment offers shortterm respite, longterm company sustainability still faces challenges with sustained profitability. The action emphasises how crucial government assistance is to stabilising vital sectors. Read More..

B2B Tech News | 2 months ago        

India and Chile Aim to Upgrade PTA to CEPA During President Borics Visit

During Chilean President Gabriel Borics visit to India from April 1 to 5, 2025, the two countries are negotiating to upgrade their Preferential Trade

During Chilean President Gabriel Borics visit to India from April 1 to 5, 2025, the two countries are negotiating to upgrade their Preferential Trade Agreement PTA into a Comprehensive Economic Partnership Agreement CEPA. Chile would become the first nation in Latin America to have such an agreement with India. With an emphasis on industries like medicines, medical gadgets, and cars, the objective is to quadruple bilateral commerce to $100 billion. Discussions will also cover tariff and nontariff barriers to improve trade relations. Read More..

B2B Tech News | 2 months ago        

UAE to Launch Digital Dirham CBDC, Transforming Financial Infrastructure

The UAE plans to introduce its Digital Dirham, a central bank digital currency CBDC based on blockchain, between October and December 2025. Aiming to

The UAE plans to introduce its Digital Dirham, a central bank digital currency CBDC based on blockchain, between October and December 2025. Aiming to improve financial inclusion, modernise payments, and fight financial crime, this project is a component of the UAEs Financial Infrastructure Transformation FIT programme. Smart contracts for automating intricate transactions and tokenisation for asset fractionalisation will be features of the Digital Dirham, increasing access to liquidity. A specialised wallet system will let users handle the currency, facilitating crossborder, wholesale, and domestic transactions. This action places the UAE at the forefront of innovation in digital banking. Read More..

B2B Tech News | 2 months 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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