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HPE Executive Greenlake is to HPE what AWS is to Amazon

With its version of infrastructure as a service, called GreenLake, Hewlett Packard Enterprise is all in. The hardware supplier wants to provide custom

With its version of infrastructure as a service, called GreenLake, Hewlett Packard Enterprise is all in. The hardware supplier wants to provide customers data centres with as much of a pointandclick, cloudlike experience as it can while still maintaining a more conventional purchase strategy. The importance of GreenLake to HPE is discussed by Omer Asad, vice president and general manager of data infrastructure and SaaS platforms. Since there was a drive to lease its gear several years ago, the shift has been in the works. Read More..

B2B Tech News | 2 years ago        

Natural gas will play a key role in Australia’s energy transition

Australia is an outlier among developed economies in its high reliance on coal for electricity generation. Coal and natural gas account for around 79

Australia is an outlier among developed economies in its high reliance on coal for electricity generation. Coal and natural gas account for around 79 percent of the countrys electricity generation, data from the government shows. Renewable energy from wind, solar, and hydropower provide the remaining 21 percent of Australias electricity supply. Last month, the Australian Energy Market Operator AEMO said in its 30year electricity market roadmap that 60 percent of current coal generation could be phased out by 2050. Read More..

B2B Tech News | 2 years ago        

MercadoLibre receives $ 233 million from Goldman Sachs to expand lending in Brazil and Mexico

Online store MercadoLibre Inc. of Argentina reported receiving a $233 million private finance line from Goldman Sachs on Monday in order to increase i

Online store MercadoLibre Inc. of Argentina reported receiving a $233 million private finance line from Goldman Sachs on Monday in order to increase its credit offer in Brazil and Mexico. Through its lending division, Mercado Credito, the company intends to expand its loan offerings to consumers and small and mediumsized businesses in both countries. According to the statement from MercadoLibre, $106 million of the total sum would go to Brazil and $127 million to Mexico. The South American company has already received $485 million in credit lines from Goldman Sachs since 2021. Read More..

B2B Tech News | 2 years ago        

Wheelocity raises $12 million for its supply chain infrastructure to support new trade in India

An Indian startup that handles fresh food supplies for quick commerce platforms has raised $12 million in a new financing round. Wheelocity customers

An Indian startup that handles fresh food supplies for quick commerce platforms has raised $12 million in a new financing round. Wheelocity customers include Swiggys Instamart, Flipkartpowered Ninjacart, Googlepowered Dunzo, and Zomatos Blinkit. The Chennaibased startup says that by leveraging its technologybased supply chain network, customers can launch their operations in new cities in less than seven days. The company is planning to deploy its funds to build new product offerings onfarm side operations and eliminate food wastage through technologypowered supply chains. Read More..

B2B Tech News | 2 years ago        

By 2025, Australia plans to generate half of its electricity from renewable sources

Australia is on track to meet half of its electricity needs from renewable sources within three years, according to a report. Renewable energy adoptio

Australia is on track to meet half of its electricity needs from renewable sources within three years, according to a report. Renewable energy adoption is galloping ahead as wind and solar power become cheaper, the Australian Academy of Technological Sciences and Engineering AATSE has said. But urgent investment is needed in backup services that will be required to keep the lights on during the transition period. The Australian Renewable Energy Agencys AATSEAS annual report on the future of energy in Australia calls for a national capacity market to help deal with the transition from fossil fuels to renewable sources. The report comes amid upheaval in the eastern states power and gas industries, which have been hit hard by soaring prices and fears of supply shortages. Read More..

B2B Tech News | 2 years ago        

German Wefox Insurtech was recently valued at $ 4.5 billion after funding

Mubadala Investment Company, a stateowned investor in Abu Dhabi, oversaw the DSeries investment. Wefox, a company in the digital insurance industry, r

Mubadala Investment Company, a stateowned investor in Abu Dhabi, oversaw the DSeries investment. Wefox, a company in the digital insurance industry, revealed on Tuesday that it had secured $400 million from investors. With the most recent round of funding, Wefoxs total investment since it started raising money in 2016 has increased to more than $ 1.3 billion. As investors pay more attention to startup investments, values have increased. As well as the sale of techrelated shares that were exchanged on the stock market this year. Read More..

B2B Tech News | 2 years ago        

Unacademys founders and managers will see compensation cuts and the closure of their international exam preparation company

Unacademy CEO Gaurav Munjal told workers in an internal memo on Monday that the founders and management of an education technology company will cut wa

Unacademy CEO Gaurav Munjal told workers in an internal memo on Monday that the founders and management of an education technology company will cut wages. The Bengalurubased startup was valued at $3.4 billion last year after a $440 million funding led by Temasek. According to Munjal, the founders have already cut salaries, and the same goes for top management. We will shut down some companies that have not been able to find a suitable product for the market, such as Global TestPrep, Mungal said. Unacademys chief executive Rajesh Munjal has told his team to focus on the core test preparation business and jobtech vertical of Relevel. People in the know said this was relatively a small business, with a presence largely in the US. Read More..

B2B Tech News | 2 years ago        

Consumer confidence is waning and Tuesdays Westpac Consumer Confidence Index for July could bring more bad news.

Environment Council of Central Queensland has written to federal Environment Minister Tanya Plibersek, requesting she reconsider how 19 coal and gas p

Environment Council of Central Queensland has written to federal Environment Minister Tanya Plibersek, requesting she reconsider how 19 coal and gas project approvals are assessed under federal environment law. The group argues those projects are likely to damage 2,121 matters of national environmental significance, including the Great Barrier Reef, koalas, and dugongs. The acting chief executive of the Australian Petroleum Production and Exploration Association APPEA said the industry was acting to lower its emissions. Climate change is devastating traditional lands and waters around Minjerribah/Stradbroke Island. 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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