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Riven confirms it plans to produce 25,000 electric vehicles this year

Electric vehicle company Rivian Automotive said it produced more than 4,000 vehicles in the second quarter. The company said last year in its IPO road

Electric vehicle company Rivian Automotive said it produced more than 4,000 vehicles in the second quarter. The company said last year in its IPO roadshow that is assumed to build 50,00 vehicles in 2022. In March, they halved the guideline, saying ongoing problems in the global supply chain added an extra layer of complexity. Shares of Rivian Motors jumped 10.4% after the company said it produced 4,401 electric pickup trucks and SUVs in the second quarter. The company still expects to make 25,000 vehicles this year. Read More..

B2B Tech News | 3 years ago        

UNIPLAT of Unify Platform AG announces a strategic partnership with EUTECH to contribute to the achievement of the UN Sustainable Development Goals

UNIPLAT, the world’s first online platform for researchers and entrepreneurs to showcase their research projects focused on the UN Sustainable Devel

UNIPLAT, the world’s first online platform for researchers and entrepreneurs to showcase their research projects focused on the UN Sustainable Development Goals SDGs, has officially announced a strategic partnership with the European Chamber of Technology EUTECH. EUTECH is a registered nonprofit organization that develops technologies, people, economies, societies, nations, and policies for human prosperity. Both organizations share the same mission to achieve and work for sustainable goals. The SDG Alliance is one of the EUTECH alliances that helps European and international companies become more competitive by improving access to finance and resources. Read More..

B2B Tech News | 3 years ago        

How will technology revive Japan’s energy market?

Apollon is a solar energy forecasting system developed by Kansai Electric Power. It uses images from Japans Himawari8 meteorological satellite to pred

Apollon is a solar energy forecasting system developed by Kansai Electric Power. It uses images from Japans Himawari8 meteorological satellite to predict solar radiation levels. This system can save millions of dollars depending on the price of raw materials such as oil and gas. Hitachis K4 Ventures explores lowcarbon solutions, batteries, AI, and more. As more people work from home, they are motivated to reduce their electricity bills. These products could increase investment in companies involved in the clean energy movement. Read More..

B2B Tech News | 3 years ago        

56 bank accounts worth $7 billion are frozen by a court.

The High court has frozen 56 bank accounts holding a huge amount of Sh7 billion suspected to have been laundered by foreign nationals. The orders were

The High court has frozen 56 bank accounts holding a huge amount of Sh7 billion suspected to have been laundered by foreign nationals. The orders were issued after the Asset Recovery Agency ARA told the court that the accounts for seven targeted companies were used for money laundering. The accounts that have been frozen are in USD, British Pound Sterling, EURO, and Kenya shillings. The accounts were used as conduits for money laundering in the guise of providing merchant services. Justice Maina stopped Boxtrips travels and tours limited from transferring or withdrawing 3.9 million dollars Sh460 million held in his Eco bank account. For Bagtrip travels, the director of the company is listed as Taiwo Soyemi, a Nigerian National. Read More..

B2B Tech News | 3 years ago        

Denver airport manager Phil Washington is chosen by Biden to lead the FAA.

Joe Biden nominates Phil Washington, the head of Denver International Airport, to lead the FAA. The nomination comes after Steve Dickson left the post

Joe Biden nominates Phil Washington, the head of Denver International Airport, to lead the FAA. The nomination comes after Steve Dickson left the post about halfway through his term at the end of March. Billy Nolen, the FAA chief of security, has been named interim administrator. The FAA has been working with airlines to bring down the rate of flight delays and cancellations amid staffing shortages and other challenges. The FAA says staffing issues are not the cause of most of the delays and cancellations. The agency recently trimmed its schedule in Newark, New Jersey, to help avoid delays. Other carriers including Delta, JetBlue, and Southwest have cut flights so they arent overwhelmed when routine disruptions happen. Read More..

B2B Tech News | 3 years ago        

Commodities have fallen to their lowest levels in months due to fears of a market slowdown

From crude oil to natural gas, copper to cobalt, nickel to palm oil to cotton, commodities across the board experienced multimonth lows. Investors al

From crude oil to natural gas, copper to cobalt, nickel to palm oil to cotton, commodities across the board experienced multimonth lows. Investors all over the world were paralyzed by worries about a recession, a slowdown in the global economy, and an uptick in COVID cases. The majority of commodities increased, especially on March 7. Prices for commodities have fallen dramatically over the past month. Aluminum and copper prices have both fallen to oneyear lows. Copper has reached a 19month low. Agricultural commodities were not exempt from the downward trend, as crude palm prices dropped by 10% to almost a years low. Read More..

B2B Tech News | 3 years ago        

3M faces higher costs after a $ 581 million cleaning contract in Belgium

3M has reached an agreement with the Flemish government to clean up and pollute around the Antwerp factory. Belgian authorities say the agreement does

3M has reached an agreement with the Flemish government to clean up and pollute around the Antwerp factory. Belgian authorities say the agreement does not limit future liability for damage to residents. 3M says it will receive a $ 360 million pretax settlement for PFAS in the second quarter of 2022. The employee said the contract remains open to 3M’s sewerage and soil degradation obligations. 3M will pay € 100 million directly to the Flemish government for costs related to PFAS. This will help fund the Antwerp Ring Road government’s € 4.5 billion projects. A lawyer says the compromise does not preclude civil lawsuits against 3M. Shares of 3M rose less than 1 percent in New York business on Wednesday. Read More..

B2B Tech News | 3 years ago        

China’s lethal birth rate and weak consumer spending have caused online baby and maternity seller Mia.com to shrink

In response to weak consumer spending and a population crisis in China, Mia.com will discontinue its primary app as of September 10. The business will

In response to weak consumer spending and a population crisis in China, Mia.com will discontinue its primary app as of September 10. The business will keep operating its mini program on WeChat, the popular app owned by Tencent Holdings. Mia.coms business has grown over the last ten years as a result of the increased demand for imported baby and mom products. An inquiry for comment on Mia.com on Wednesday did not receive an immediate response. The South China Morning Post is owned by Alibaba. 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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