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Alibaba Cloud commits $1 billion to boost international cooperation

Alibaba announced a $1 billion investment in a global partner ecosystem upgrade. The money will are available in both financial and nonfinancial incen

Alibaba announced a $1 billion investment in a global partner ecosystem upgrade. The money will are available in both financial and nonfinancial incentives, including funding, rebates and gotomarket initiatives. the corporate is consistently recruiting local partners to require on responsibilities like sales, technical support and customer services. Alibaba Cloud currently has around 11,000 partners worldwide, including Salesforce, VMware, Fortinet, IBM and Neo4j. Even earlystage Chinese companies are joining the technological bifurcation.TikTok reportedly moved off Alibaba Cloud and moved all its U.S. data to Oracle servers. The countrys data law bans user data from leaving its borders, that the likes of Apple and Tesla have long been storing Chinese user data in domestic cloud centers. Read More..

B2B Tech News | 2 years ago        

Proxima, an insurtech startup, is introduced by MLTPLY.

MLTPLY has announced the launch of Proxima, an insurtech startup that offers insurance companies software to develop and support its staff. The compan

MLTPLY has announced the launch of Proxima, an insurtech startup that offers insurance companies software to develop and support its staff. The company currently operates in Latin America and the US, providing staff augmentation resources in underwriting and technology verticals. Plans to introduce new solutions for customers in 2023, including data collection and analysis, claims operations selfservice tools, and sales support. Camilo Cruz, Founder & CEO of Proxima, said, When I set out to build Unit, one of the first fullstack insurtechs in Latin America, we had to build comprehensive solutions tailored for the insurance industry because they just didnt exist.The company plans to introduce new solutions for customers in 2023, including data collection and analysis, claims operations selfservice tools, and sales support. Read More..

B2B Tech News | 2 years ago        

The FinFET Technology Market is Projected to Expand at a 40.85% CAGR and to Reach a Value of USD 149.01 Billion by 2029

The FinFET Technology Market was valued at USD 35.12 billion in 2021 and is expected to reach USD 149.01 billion by 2029, at a CAGR of 40.85% during t

The FinFET Technology Market was valued at USD 35.12 billion in 2021 and is expected to reach USD 149.01 billion by 2029, at a CAGR of 40.85% during the forecast period. A Qualitative Research Study accomplished by Data Bridge Market researchs database of 350 pages with 100+ market data Tables, Pie Charts, Graphs & Figures.FinFET is a type of 3D transistors or nonplanar transistors used in the design of modern processors. It employs a conductive channel to fabricate a thin, finshaped silicon structure that acts as a gate electrode. Multiple gates can operate on a single transistor thanks to a finshaped electrode. The miniaturization of semiconductor devices to maintain the progression of Moores law, combined with an increase in device performance, is creating ample opportunities for global adoption of FinFET technology. Read More..

B2B Tech News | 2 years ago        

BCX has acquired the rights to distribute Alibaba Cloud in South Africa

BCX recently announced that it has signed a partnership agreement with Alibaba Cloud to distribute its products and services in South Africa. Alibaba

BCX recently announced that it has signed a partnership agreement with Alibaba Cloud to distribute its products and services in South Africa. Alibaba Cloud provides a comprehensive set of cloud computing products and services for a wide range of ICT applications, including databases, networking, security, analytics, big data, application services, and more. This adds to BCXs offering as a vendoragnostic systems integrator that creates solutions for its clients based on their specific use cases across a wide range of technology spheres and vertical sectors. Read More..

B2B Tech News | 2 years ago        

£31 million increase for driver simulation equipment

AB Dynamics in the UK has acquired simulator specialist Ansible Motion for £31.2 million €35.6 million. Kia Cammaerts, Jonathan Walker, and Robert

AB Dynamics in the UK has acquired simulator specialist Ansible Motion for £31.2 million €35.6 million. Kia Cammaerts, Jonathan Walker, and Robert Stevens remain with the company as technical directors and chief engineers. AB Dynamics is an automotive test systems supplier with a range of track and laboratory test equipment based in BradfordonAvon. Ansible Motion will be colocated alongside the new AB Simulation division responsible for the Advanced Vehicle Driving Simulator DVD product line and rFpro marketleading simulation software provider, which were acquired in 2019. Read More..

B2B Tech News | 2 years ago        

According to diplomats, the EU is considering a cap on oil prices and other restrictions on hightech exports as part of new sanctions on Russia

The European Union is examining an oil price cap, tighter restrictions on hightech exports to Russia, and more sanctions against individuals. EU forei

The European Union is examining an oil price cap, tighter restrictions on hightech exports to Russia, and more sanctions against individuals. EU foreign ministers agreed to prepare new sanctions against Russia at an ad hoc meeting on the sidelines of the UN talks in New York.The blocs Russia hawks like Poland and the Baltic countries sought a ban on Russian diamond imports and moving to confiscate Russian assets frozen in Europe.The European Commission is expected to present a written proposal for tougher sanctions against Russia next week, sources close to the matter say. Germany, the EUs economic powerhouse, has so far barred tougher economic restrictions, while Hungarian Prime Minister Viktor Orban said sanctions should be scrapped. EU national leaders might approve new sanctions when they meet in Prague on Oct.67. Read More..

B2B Tech News | 2 years ago        

China Says U.S. Should Correct Abuse of Security Review

After US President Joe Biden directed a foreign investment panel to screen deals for data and cyber risks, Chinas commerce ministry said on Thursday t

After US President Joe Biden directed a foreign investment panel to screen deals for data and cyber risks, Chinas commerce ministry said on Thursday that the US should correct the abuse of a security review. Last week, Biden directed the committee that evaluates foreign investment for national security risks to focus more on threats to sensitive data, cyber security, and areas such as microelectronics and artificial intelligence. Read More..

B2B Tech News | 2 years ago        

Princeton NuEnergy PNE and Traxys North America Enter MOA to Strengthen Battery Sustainability

Princeton NuEnergy Inc. PNE and Traxys North America, a leading global physical commodities trader and merchant in batterycritical raw materials, meta

Princeton NuEnergy Inc. PNE and Traxys North America, a leading global physical commodities trader and merchant in batterycritical raw materials, metals, and natural resources, have signed a Memorandum of Understanding MOU to improve battery sustainability. PNE is a cleantech startup based in the United States that focuses on recycling, repurposing, and commercializing lithiumion batteries. Traxys will actively support PNE in its mission to provide costeffective, longterm LIB recycling solutions under the terms of the agreement. Traxys expects to participate in PNEs current Series A round and will assist the company with sourcing, marketing, distribution, financing and logistical solutions, and global funding strategies. Read More..

B2B Tech News | 2 years 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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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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