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The US Senate passed a bill to increase chip production, breaking Chinas dominance

This bill, known as the Science and Knowledge Act, was approved by a vote of 64 to 33. It will now head to the House, where lawmakers hope to pass it

This bill, known as the Science and Knowledge Act, was approved by a vote of 64 to 33. It will now head to the House, where lawmakers hope to pass it and send it to the White House for Bidens approval. US semiconductor production, once accounting for nearly 40% of the worlds supply, has dropped to just 12%, while Chinas share is increasing. America is at risk of falling behind economically and technologically to a world power that does not value liberty or even respect human life, Young said. This is a very real economic and national security vulnerability, he said. Young concluded the bill will unleash private sector innovation while significantly boosting federal national security investments. Science and Knowledge Act Read More..

B2B Tech News | 3 years ago        

Tower Crane Market Growing Demand for Tall Buildings for Market Growth and Segmentation

The report, Tower Cranes Market by End User Infrastructure, Residential and Commercial and Geography APAC, North America, Europe, Middle East and Afri

The report, Tower Cranes Market by End User Infrastructure, Residential and Commercial and Geography APAC, North America, Europe, Middle East and Africa and South America Forecast and Analysis 20222026.has been added to Technavios collection. Action Construction Equipment Ltd., Fangyuan Group Co. Ltd., FMGru Srl, Hyundai Everdigm Corp., and Shandong Dahan Construction Machinery Co. are just a few of the industry vendors profiled in the report. Technavio has happily collaborated with more than 100 Fortune 500 organisations for more than 16 years and holds ISO 90012015 certification. Read More..

B2B Tech News | 3 years ago        

BP opens first 300 kW superfast charging station for electric trucks

To support the decarbonisation of the industry, BP has unveiled its first ultrafast charging facility for medium and heavyduty electric trucks. The Sc

To support the decarbonisation of the industry, BP has unveiled its first ultrafast charging facility for medium and heavyduty electric trucks. The Schwegenheim store in RhinelandPalatinate, Germany now has two stateoftheart 300 kW electric truck chargers powered by 100% renewable energy. Truck manufacturers and vehicle drivers are demanding lowcarbon alternative fuels, and electrification is an attractive option, BP said. The Schwegenheim charging facility contributes to the growth of Aral Impulses national ultrafast charging network. Around 1,000 battery electric trucks will be sold in Germany in 2021. In Europe, this figure is expected to increase to 150,000 units by 2030, with Germanys highest penetration rate at 43%. Daimler Truck has launched the batteryelectric MercedesBenz eActros for widespread distribution in cities in 2021. Read More..

B2B Tech News | 3 years ago        

Tata Steel launches Indias first seating system for Vande Bharat

The Tata Group plans to spend Rs 300 billion on R&D in FY26 and launch the Indiafirst seating system for Vande Bharat Express trains from September 20

The Tata Group plans to spend Rs 300 billion on R&D in FY26 and launch the Indiafirst seating system for Vande Bharat Express trains from September 2022. The steelsalt conglomerate also aims to become one of the first five technology companies in the global steel industry by 2030. Tata Steels composites activities are focused on three market segments Industrial, Infrastructure and Railway. It aims to become the fifth largest steel industry technology in the world by 2030. Tata Steel is working with a Dutch technology partner to build a new site in Khopoli, Maharashtra. Read More..

B2B Tech News | 3 years ago        

ADNOC Distribution acquires a 50% stake in Egypts TotalEnergies Marketing

ADNOC Distribution has entered into an agreement with TotalEnergies Marketing Afrique to acquire a 50% stake in TotalEnergies Marketing Egypt for appr

ADNOC Distribution has entered into an agreement with TotalEnergies Marketing Afrique to acquire a 50% stake in TotalEnergies Marketing Egypt for approximately USD 186 million and to obtain additional proceeds of up to USD 17.3 million subject to certain conditions. TotalEnergies Egypt is one of the four largest fuel distributors in Egypt. This acquisition is an important step towards ADNOC Distributions expansion plans. Our partnership with TotalEnergies, a global multienergy company with a strong brand and a track record of success in Egypt, includes a diverse portfolio of 240 gas stations, over 100 convenience stores, over 250 oil change stations and car washes. Wholesaler of fuels, jet fuels and lubricants. The acquisition is expected to close in the first quarter of 2023, subject to certain conditions, including customary regulatory approvals. Read More..

B2B Tech News | 3 years ago        

Blue Ocean Technologies successfully integrates with Broadridge Business Solutions and Connectivity

For international afterhours trading, Blue Ocean Technologies and Broadridge Financial Solutions have a partnership. By integrating with Broadridges N

For international afterhours trading, Blue Ocean Technologies and Broadridge Financial Solutions have a partnership. By integrating with Broadridges NYFIX orderrouting network, Blue Ocean ATS will give clients unrestricted access to the aftermarket for US stocks. The collaboration will improve client service for banks and brokerdealers in North America and APAC. Blue Ocean Technologies VeriFIX and FIX Conductor technologies will be advantageous to them. Blue Ocean ATSs flagship offering, Blue Ocean Session, aims to convert US trade to global trading. Subscribers in all time zones have access to the service, which offers transparency during offpeak US market hours. Read More..

B2B Tech News | 3 years ago        

The Business Council of Australia is rebranding itslef to help the countrys economy

The Australian Business Council offers shortterm solutions to help the economy weather the storm of high inflation, supply chain issues, and a shortag

The Australian Business Council offers shortterm solutions to help the economy weather the storm of high inflation, supply chain issues, and a shortage of skilled workers. The proposed measures are emergency visas, working holidays, and permanent residency pathways for international students. The Prime Ministers work skills summit on September 1 will be an absolute opportunity to reclaim the big issue. The chief executive of the Victorian Chamber of Commerce and Industry VCCI has called for urgent action to boost Australias economy Read More..

B2B Tech News | 3 years ago        

Global Mining Automation Market – Includes Caterpillar, Komatsu, and Hexagon, among others

Mining automation technology is the application of automation and digitization in the mining industry. Reengineering industrial plants with the latest

Mining automation technology is the application of automation and digitization in the mining industry. Reengineering industrial plants with the latest technology and automation can lead to dramatic changes in the mining industry by reducing manpower, working hours and productivity. High productivity, high safety, short production time and reduction of human resources are the main driving factors that have a positive impact on the mining automation market. With the introduction of automation and technology in the mining industry, the rate of extraction and productivity has increased significantly. The use of software and automation in critical parts of mining makes the process more accurate and efficient. Automation and technology have taken over the role of workers, which has reduced the pressure on workers, leading to fewer workers. Read More..

B2B Tech News | 3 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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