BUSINESS NEWS
Sichuan Provinces power shortage compounds Chinas manufacturing woes.
Chinas Sichuan province activated its highest level of emergency response on Sunday to deal with severe power shortages. Toyota Motor and Amprex Conte
Chinas Sichuan province activated its highest level of emergency response on Sunday to deal with severe power shortages. Toyota Motor and Amprex Contemporary Technology have already closed their factories in the area for several days. On Monday and Tuesday, Shanghai suspended natural lighting along the Huangpu River, including along the Waitan Embankment. The lack of electricity adds another challenge to companies already struggling to keep the country at Covid zero, including sudden shutdowns, ongoing inspections, and disruptions. B2B Tech News | 2 years ago
The National Electric Energy Coordinator puts into operation the new and most modern National Energy Dispatch Center in Latin America
Built on more than 20,000 square meters, seismic technology, solar panels, and international certificates ensure the reliability and safety of operati
Built on more than 20,000 square meters, seismic technology, solar panels, and international certificates ensure the reliability and safety of operation. For the first time, we have an infrastructure designed and built exclusively to manage Chiles energy system. This allows us to adapt to the new challenges presented by climate change, said Juan Carlos Olmedo, president of the National Electricity Coordinator. A National Energy Dispatch Center CDC has opened in Pudahuel, La Plata municipality, and will house a National Electricity Coordinator. The National CDC will have a roof that looks like the largest video wall in Latin America, with copper panels 5m high and 20m wide. You will also have your own data center, seismic isolation, dual 24kV electrical connections, solar panels, and Level 3 certification 99.98% availability. B2B Tech News | 2 years ago
German suppliers register for payment through special gas tax funds
In Germany, 12 gas suppliers have submitted claims for payments under a new gas levy. Gas prices in Europe are almost triple what they were before the
In Germany, 12 gas suppliers have submitted claims for payments under a new gas levy. Gas prices in Europe are almost triple what they were before the start of the conflict between Russia and Ukraine. The amount is a forecast, according to Germanys gas market operator, Trading Hub Europe the actual tax that businesses pass along to customers may be higher or lower. Among the 12 companies are SEFE, RWE Supply & Trading GmbH, and Uniper SE. B2B Tech News | 2 years ago
JCB Contactless Flourishes in Germany, Austria, and Switzerland
Concardis and JCB have expanded their current collaboration. Thousands of merchants in Germany, Austria, and Switzerland will accept JCB Contactless.
Concardis and JCB have expanded their current collaboration. Thousands of merchants in Germany, Austria, and Switzerland will accept JCB Contactless. Cardholders can make contactless payments by simply waving their JCB Card or a smartphone that supports JCB Cards in their hands. Based on the universal chip standard EMVR, JCB Contactless provides a high level of security. According to Ray Shinzawa, Managing Director of JCB International Europe Ltd., the over 140 million Cardmembers of JCB are frequent travelers who desire to maintain their homelike ease of spending while away. B2B Tech News | 2 years ago
IBM Australias $1 billion wholeofgov transaction is currently worth $2 billion
IBM Australias fiveyear government contract is worth more than $2 billion to the vendor, more than double the $1 billion originally projected. An anal
IBM Australias fiveyear government contract is worth more than $2 billion to the vendor, more than double the $1 billion originally projected. An analysis by iTnews shows that contracts awarded to IBM hit almost $2.1 billion by August 16. The arrangement also offers commercial flexibility to the agencies, which were able to leverage the arrangement to deliver for Australians during the recent pandemic and disaster events. Demand for IBM hardware, software, and services is well above expected levels, he tells iTnews. The DTA has already begun looking at the full extent of the IBM commercial landscape within the Commonwealth, to inform future negotiations with IBM. The DTA works with agencies to monitor markets and understand current levels of government demand. Whether that effort and evidence of increased demand for IBM in government generally will lead to better sourcing terms is unclear. B2B Tech News | 2 years ago
Chinas once successful tech giants are now looking to cut costs
Martin Lau, Tencents chairman, said it was pulling back from noncore businesses such as online education, ecommerce, and game live streaming. Tencents
Martin Lau, Tencents chairman, said it was pulling back from noncore businesses such as online education, ecommerce, and game live streaming. Tencents sales and marketing expenses in Q2 fell 21% compared to the same period last year. Compared to the first quarter, the number of employees of the Shenzhenbased company also decreased by 5 thousand. When Alibaba and Tencent are expensive for investors, they guarantee that they will invest in the future. Tencent Wechat, Wechat App at the largest message in China. Alibaba has focused on growing its cloud computing business, which industry executives and investors believe is key to boosting the companys profitability. B2B Tech News | 2 years ago
Vodafone to sell Hungarian business for $1.8 billion
The British company, Vodafone, will receive $1.8 billion in cash for the sale of its Hungarian operations. The Hungarian 4iG IGNY.BU and staterun Corv
The British company, Vodafone, will receive $1.8 billion in cash for the sale of its Hungarian operations. The Hungarian 4iG IGNY.BU and staterun Corvinus Zrt, the buyers, were informed of the nonbinding terms that had been reached by the British mobile phone and broadband group. In a statement, Vodafone Chief Executive Nick Read said that the Hungarian government has a clear plan for creating a Hungarianowned national champion in the information and communications technology industry. B2B Tech News | 2 years ago
Bots at Siam Commercial Bank are expanded
Siam Commercial Bank Singapore has grown its use of robotic process automation RPA bots from 10 to 70 over the past four years. Wisanu Sricharoen told
Siam Commercial Bank Singapore has grown its use of robotic process automation RPA bots from 10 to 70 over the past four years. Wisanu Sricharoen told last months SS&C Blue Prism World conference that SCB had started its automation journey in 2017, initially with VBA before shifting alliances to Blue Prism. The banks application estate is 600plus, and the interconnections and interdependencies are not always immediately clear. You need to understand automation, blue prism, AI, ML and data, he said. B2B Tech News | 2 years agoGet The News to use newsletter to
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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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