Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

BUSINESS NEWS

Northvolt, a VW and Goldman backed battery maker, receives $ 1.1 billion in funding

Electric vehicle battery maker Northvolt on Tuesday announced a $1.1 billion funding boost, with a range of investors — including Volkswagen and Gol

Electric vehicle battery maker Northvolt on Tuesday announced a $1.1 billion funding boost, with a range of investors — including Volkswagen and Goldman Sachs Asset Management — taking part in the capital raise. The company says it has $55 billion in orders from companies including Volvo Cars, BMW, and Volkswagen. The Giga Factory is a factory that produces batteries for electric vehicles on a large scale. Northvolts funding announcement comes as major European economies are laying out plans to move away from vehicles that use diesel and gasoline. Read More..

B2B Tech News | 2 years ago        

Samsung Engineering has signed a contract with Aramco

Samsung Engineering has consolidated its position in Saudi Arabia by carrying out over 30 projects in the last 20 years. The National EPC Champions in

Samsung Engineering has consolidated its position in Saudi Arabia by carrying out over 30 projects in the last 20 years. The National EPC Champions initiative is designed specifically for investments in the EPC sector. Samsung Engineering plans to expand its global business strategy to other regions such as the Middle East and Asia. Samsung Engineering has completed over 1,000 projects worldwide. It has served clients in a variety of industries, including oil refining, gas processing, petrochemicals, infrastructure, environmental sectors, and the bio industry. Samsung Engineering is one of the worlds most important EPC and PM companies. Read More..

B2B Tech News | 2 years ago        

Jabil pours the first concrete at its new facility in Chihuahua

Jabil, a U.S. global manufacturing services company, has laid the first stone in the city of Chihuahua for what will be its fifth manufacturing plant

Jabil, a U.S. global manufacturing services company, has laid the first stone in the city of Chihuahua for what will be its fifth manufacturing plant in the state. The new plant will have 250 thousand square feet, which will offer manufacturing solutions in key, areas in sectors such as automotive, medical among others With an investment of more than US$300.3 million, This new manufacturing facility will employ approximately 8,000 people who will have access to quality workspaces that will open over the next five years. Read More..

B2B Tech News | 2 years ago        

US stocks tend to close higher after a strong intraday rally

U.S. stocks eked out gains on Tuesday as investors appetite for risk suddenly reversed. Falling oil prices helped bolster the appetite for inflationse

U.S. stocks eked out gains on Tuesday as investors appetite for risk suddenly reversed. Falling oil prices helped bolster the appetite for inflationsensitive tech stocks. The Nasdaq Composite clinched the massive gain, while the S&P 500 finished slightly higher. Closed Shares of Meta Platforms rose 5.1%, those of Amazon.com Inc. AMZN gained 3.6%, and shares of Alphabet Inc. GOOGL advanced 4.2%. The Federal Reserve on Wednesday will release the minutes for its June interest ratesetting meeting, while Friday sees the publication of the June nonfarm payrolls report. Read More..

B2B Tech News | 2 years ago        

British International Investment gives $20 million to Nigerian fintech company Moove

The UKs development finance agency, UK International Investments BII, formerly known as CDC Group, has announced a fouryear, US $ 20 million structure

The UKs development finance agency, UK International Investments BII, formerly known as CDC Group, has announced a fouryear, US $ 20 million structured debt investment in Mo. BII aims to mobilize capital to build selfsufficiency and market resilience in Nigeria and improve access to inclusive economic opportunities. Launched in 2020, Moove provides revenuebased vehicle financing and financial services to mobility firms. Read More..

B2B Tech News | 2 years ago        

Unsuccessful NFT Captain Tsubasa offers window to the dangers of cryptocurrencies

Yoichi Takahashi, the creator of Captain Tsubasa, is engaged in a legal dispute over intellectual property with a Singaporebased startup. He opposed t

Yoichi Takahashi, the creator of Captain Tsubasa, is engaged in a legal dispute over intellectual property with a Singaporebased startup. He opposed the sale of nonfungible tokens by Football Metaverse Pte and its affiliate, Mangaverse Foundation. I thought they abandoned the project, but since they started promoting NFT sales, all we had to do was inform the public on Twitter before the sale started, Iwamoto said. At the time of writing, Captain Tsubasa NFTs have not yet gained traction in Japan, where they would have brought in $8.9 million in revenue if sold at the listed price of 1 Ethereum each. Many Web3related projects aim to profit from gullible buyers before they are hastily abandoned, and the perpetrators escape with the money. Read More..

B2B Tech News | 2 years ago        

These 3 ASX 200 Tech shares are burning today

ASX 200 reversed its gains this morning and is now down 0.3%. Meanwhile, technology shares in the S & P / ASX All Technology Index ASX XTX rose 3.6%.

ASX 200 reversed its gains this morning and is now down 0.3%. Meanwhile, technology shares in the S & P / ASX All Technology Index ASX XTX rose 3.6%. Shares of Megaport Ltd were up 13.5% at the time of writing and are trading at $ 6.23 per share. No news from the cloud and network connectivity solution providers. Correos, the Spanish company EML Payments Ltd ASX EML, also announced this morning that it will sell prepaid cards worth $ 320 million by launching this morning. This action is intended to support Spains cultural sector, which is still recovering from COVID19 restrictions. Read More..

B2B Tech News | 2 years ago        

Tokyo Electric Co. trying to join Toshiba Beito

Tokyo Electric Co., the biggest electric company in Japan, wants to secureToshibas nuclear business through a joint takeover. It was thinking about jo

Tokyo Electric Co., the biggest electric company in Japan, wants to secureToshibas nuclear business through a joint takeover. It was thinking about joining forces with a local equity firm and a statebacked investment fund. Additionally, foreign investors have contacted Japan Investment Corp JIC to enter the auction. The price of Toshibas shares dropped by as much as 9.5 percent on Wednesday, the most since September 30. This year, the stock has risen by approximately 105%. Toshiba is contributing to efforts to create tools for decontaminating Tepcos destroyed Fukushima Daiichi nuclear plant. Read More..

B2B Tech News | 2 years ago        



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   4120   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   2843   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   3121   

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.
   3321   

5.  Approximately 8 billion gadgets connect on the internet every day.
   4327   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.