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BHP owns 5.5% of new US copper listing

After a brief delay due to a sharp drop in copper prices around the world late last week, Ivanhoe listed on Tuesday. The largest copper explorer to li

After a brief delay due to a sharp drop in copper prices around the world late last week, Ivanhoe listed on Tuesday. The largest copper explorer to list on Wall Street in a while, Ivanhoe Electric, now has 5.5 percent ownership from BHP. The 1990s Canadian nickel project at Voiseys Bay helped Robert Friedland become famous and rich. He played a part in the discovery of the massive Oyu Tolgoi copper mine in Mongolia and the KamoaKakula copper mine in the Democratic Republic of the Congo, which Ivanhoe anticipates will rank third in the world for copper mining operations. David Friedland, a cofounder of Ivanhoe, also serves as executive chair of Ivanhoe Mines, a publiclytraded company. Read More..

B2B Tech News | 2 years ago        

TikTok should be removed from Apple and Googles app stores, according to the US FCC commissioner

A member of the U.S. Federal Communications Commission has asked Apple and Google to remove TikTok from their app stores over Chinarelated data securi

A member of the U.S. Federal Communications Commission has asked Apple and Google to remove TikTok from their app stores over Chinarelated data security concerns. The wildly popular short video app is owned by Chinese company ByteDance, which faced scrutiny under President Donald Trump. Brendan Carrs letter pointed to reports and other developments that made TikTok noncompliant with the two companies app store policies. He cited a report that said engineers in China had access to user data between 2021 and 2022. On June 17, TikTok announced it was routing all of its U.S. user traffic to Oracle Cloud Infrastructure. Read More..

B2B Tech News | 2 years ago        

G7 pledges to work together to support Indias transition to clean energy

Leaders from the G7 have signed a commitment to the Paris Climate Agreement. They have committed to achieving a fully or predominantly decarbonized el

Leaders from the G7 have signed a commitment to the Paris Climate Agreement. They have committed to achieving a fully or predominantly decarbonized electricity sector by 2035. The G7 countries, which consume close to one billion tonnes of thermal coal annually, did not mention a 2030 coal phaseout date. The leaders of the G7 have agreed to open up space for gas investments in the name of energy security in the face of the Russian war in Ukraine. Despite the temporary nature of this move, it could lock in emissions for decades, placing climate commitments under threat. Italys advice for a cap on the price of oil did not succeed,and the leaders also failed to commit to phasing out coal by 2030. Read More..

B2B Tech News | 2 years ago        

The government is giving Twitter a “last chance” to implement removal notices under IT laws

The Indian government has given Twitter a last chance to protect itself against the application of new IT laws or to become a content broker. Accordin

The Indian government has given Twitter a last chance to protect itself against the application of new IT laws or to become a content broker. According to the law, this may infringe the immunity of existing mediators under Article 79 1 of the Information Technology Act. Despite numerous warnings and opportunities to respond, Twitter continues to be in breach. As a result, appropriate action is being taken against it,said a senior official, adding that all intermediates operating in India must adhere to the IT Rules in letter and spirit. Read More..

B2B Tech News | 2 years ago        

Edo sees a rise in tech startups

On the strength of investments in digital infrastructure and reforms to ensure the growth of businesses in the state by the Governor Godwin Obasekiled

On the strength of investments in digital infrastructure and reforms to ensure the growth of businesses in the state by the Governor Godwin Obasekiled administration, Edo State is witnessing an increase in the number of tech startups and a boom in entrepreneurial activities. The state is being repositioned to establish itself as the top startup ecosystem in all of Africa. Growth depends on the governments dedication to leveraging the states young population while utilizing technology to promote economic growth and development. Read More..

B2B Tech News | 2 years ago        

Illovo Sugar Malawi enables ESCOM on energy consumption

Illovo Sugar Malawi has launched an initiative by the Electricity Supply Corporation of Malawi ESCOM to reduce its electricity needs during peak perio

Illovo Sugar Malawi has launched an initiative by the Electricity Supply Corporation of Malawi ESCOM to reduce its electricity needs during peak periods. The company changes its watering schedules to use more electricity during offpeak periods. By changing irrigation practices, Illovo has currently reduced its offpeak electricity demand by 4 MW. Executive Director of Lekani Katandula said her decision to work with ESCOM was guided by her goal to create a thriving Malawian community by providing affordable food and energy. Read More..

B2B Tech News | 2 years ago        

The rebound strengthens as Wall Street roars

The Australian stock markets tentative recent recovery looked set to accelerate after Wall Street capped a strong comeback week with its biggest rise

The Australian stock markets tentative recent recovery looked set to accelerate after Wall Street capped a strong comeback week with its biggest rise in two years. The S&P 500 put on between 2.7 and 3.3 percent as falling commodity prices and signs of a slowdown soothed rates worries. Australias ASX futures surged 103 points or 1.59 percent. Wall Streets main indices put on between 2.7 and 3.3 percent as falling commodity prices and signs of a slowdown soothed rates worries. Australian outlook. Read More..

B2B Tech News | 2 years ago        

It is an extension, not a modification. Odunayo Eweniyi changed the Abeg tag to Pocket

Abeg, a Nigerian social payments startup, has announced that it has received approval in principle AIP from the Central Bank of Nigeria. Subject to me

Abeg, a Nigerian social payments startup, has announced that it has received approval in principle AIP from the Central Bank of Nigeria. Subject to meeting certain regulatory requirements, the startup should obtain the license. The company also changed its name to Pocket by Piggyvest Pocket. General approval from mobile operators is an important milestone for the company. Users can pay airtime and TV bills and save with the parent company, Piggyvest. The company will face a steep learning curve as no one appears to have breached ecommerce in Nigeria. Read More..

B2B Tech News | 2 years ago        



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