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Italian security guard warns TikTok of breach of EU privacy rules

Italian regulators said TikTok is acting in the legitimate interests of the company and its partners. However, the security body said such a legal fra

Italian regulators said TikTok is acting in the legitimate interests of the company and its partners. However, the security body said such a legal framework violates EU privacy laws. Italian authorities say TikTok, which is growing rapidly worldwide, especially among teenagers, has refused its right to impose unspecified restrictions unless it withdraws from an announced policy change. The guard also informed the Irish Data Protection Commission about the TikTok policy on EU data breaches. Read More..

B2B Tech News | 2 years ago        

The price of oil could officially rise if the price limits for oil in Russia are not met

Brent futures fell 1.3 percent to $ 105.75 a barrel in September. West Texas Intermediate crude for August delivery fell 1.4 percent to $ 102.64 a bar

Brent futures fell 1.3 percent to $ 105.75 a barrel in September. West Texas Intermediate crude for August delivery fell 1.4 percent to $ 102.64 a barrel. If the proposed cap for Russian crude oil is not accepted, international oil prices could rise by 40% to $ 140 a barrel. Indias imports of Russian crude oil hit a record 950,000 barrels a day in June. Russian oil accounts for onefifth of the worlds thirdlargest total oil imports. Indian refineries bought Brent and Russian oil products and sold them to the Middle East at significant discounts. Read More..

B2B Tech News | 2 years ago        

The Australian pension fund invests in a hydroelectric and pumped electric battery project company

Aware Super, a major institutional investor for pension funds in Australia, has identified a significant strategic opportunity to invest in North Harb

Aware Super, a major institutional investor for pension funds in Australia, has identified a significant strategic opportunity to invest in North Harbour Clean Energy NHCE. The superannuation fund manages around A$155 billion US$104.06 billion of savings for a million customers around the country. NHCE aims to develop, own and operate closedloop pumped hydro energy storage PHES and vanadium redox flow battery VRFB stationary storage projects. Read More..

B2B Tech News | 2 years ago        

Wipro PARI acquires Hochrainer GmbH, based in Germany, for an undisclosed amount

The industrial automation division of Wipro Infrastructure Engineering a Wipro Enterprises subsidiary, Wipro PARI, disclosed on Monday that it has fin

The industrial automation division of Wipro Infrastructure Engineering a Wipro Enterprises subsidiary, Wipro PARI, disclosed on Monday that it has finalised an agreement to acquire Hochrainer GmbH in Freilassing, Germany. A legally binding contract for the purchase of Freilassing by the German company Hochrainer GmbH has been signed by Wipro. The German business, which employs roughly 130 people ,has been in operation since 1973. The transactions financial specifics were kept confidential. Hochrainer noted that the business, which has a large presence in various nonautomotive areas and strategic alliances with top companies in the industry, has established itself as a leading provider of automation technologies and assembly systems for several international automakers. Read More..

B2B Tech News | 2 years ago        

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        



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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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