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Freightos ebooking platform welcomes a South American cargo airline.

Chinas People Liberation Army Navy PLAN has been modernizing for more than a decade to become more of a blue water force. The vast maritime region has

Chinas People Liberation Army Navy PLAN has been modernizing for more than a decade to become more of a blue water force. The vast maritime region has been tense because six governments claim all or part of the strategically vital South China Sea. Read More..

B2B Tech News | 3 years ago        

Ferrari has received 80% of its profits since the Italian carmaker became an electric company

As it transforms its iconic factory in northern Italy into a hub for manufacturing batterypowered luxury cars and accelerates its shift to electrifica

As it transforms its iconic factory in northern Italy into a hub for manufacturing batterypowered luxury cars and accelerates its shift to electrification, Ferrari is eyeing increased profit. By 2026, Ferrari intends to invest €4.4 billion in the development of fully electric and plugin hybrid vehicles. We have all the skills and all the capital, says CEO Benedetto Vigna, to successfully manage the electric transformation. Ferraris stock has recently underperformed due to concerns about the companys late entry into the electric vehicle race. Read More..

B2B Tech News | 3 years ago        

Lyft and its shareholders have agreed to a $25 million settlement over safetyrelated complaints.

Lyft has agreed to a $25 million settlement with shareholders over allegations that it failed to adequately disclose threats to its reputation and bus

Lyft has agreed to a $25 million settlement with shareholders over allegations that it failed to adequately disclose threats to its reputation and business to the public. The money would go to shareholders, not directly to people who were victims and reported such incidents.. This agreement resolves a collective action by shareholders regarding the statements in Lyfts initial public offering. Lyft released its first safety report in October 2021, revealing that it received 4,158 reports of sexual abuse on its platform from 2017 to 2019., in which it disclosed it received 4,158 reports of sex assault on its platform from 2017 to 2019. A small number of claims are assumed to go to trial through a coordinated proceeding later this year. Read More..

B2B Tech News | 3 years ago        

Adobes stock is falling as fullyear expectations fall short.

Adobe shares fell lower to 5% in extended trading after the company gave fullyear guidance that fell short of analysts expectations. Analysts polled b

Adobe shares fell lower to 5% in extended trading after the company gave fullyear guidance that fell short of analysts expectations. Analysts polled by Refinitiv had expected $13.50 in adjusted earnings per share on $17.65 billion in revenue. Adobes net income in the fiscal second quarter, at $1.18 billion, was up about 6%. The company cited a $175 million foreignexchange headwind, and summer seasonality for the decline in revenue. Microsoft and Salesforce also cited currency impact when issuing worsethanexpected projections. CEO Shantanu Narayen said that while Adobe doesnt need to add anything to its portfolio, it will be looking out for acquisition targets now that prices are more reasonable. Read More..

B2B Tech News | 3 years ago        

Google has been fined $ 260,000 for violating data placement rules

Google GOOGL.O was fined 15 million roubles $260,000 by a Moscow court on Thursday for repeatedly failing to comply with a Russian law requiring techn

Google GOOGL.O was fined 15 million roubles $260,000 by a Moscow court on Thursday for repeatedly failing to comply with a Russian law requiring technology companies to localize user data. In recent years, Russia has issued several fines to foreign technology companies for a variety of violations, in what critics say is an attempt by Moscow to exert greater control over the internet. Read More..

B2B Tech News | 3 years ago        

Aviation Acrylic Adhesive Tape Market Size 20222029

Global Aviation Acrylic Tape Market research report provides comprehensive industry growth prospects, market size and value overview and overview of e

Global Aviation Acrylic Tape Market research report provides comprehensive industry growth prospects, market size and value overview and overview of existing company trends. The research focuses on the detection and recognition of emotions in global markets, particularly in North America, Europe and the AsiaPacific region, as well as in South America, Central East and Africa. Studies also provide insight into various factors of market demand. Acrylic Aviation Tape studies also provide insight into various factors of market demand. Read More..

B2B Tech News | 3 years ago        

Egyptian Vodafone buys a 20% stake in electronic payment companies Ebtikar’s, Masary, and Bee.

Vodafone Egypt signed a Memorandum of Understanding MoU with Ebtikar Holding for Financial Investments Ebtikar to obtain a 20% stake in the later two

Vodafone Egypt signed a Memorandum of Understanding MoU with Ebtikar Holding for Financial Investments Ebtikar to obtain a 20% stake in the later two electronic payment subsidiaries Masrary and Bee. It is the part of the company’s strategy to increase investment in Egypt and provide different types of digital payment services to private and corporate clients. The deal is assumed to boost the business volume of the two companies as they will benefit from Vodaphones expertise in Africa to regionally expand. Read More..

B2B Tech News | 3 years ago        

As economic concerns overshadow the boom in travel, airline stocks plummet.

American Airlines shares fell 8.6% on Thursday, hitting the lowest price since November 2020. Delta Air Lines and United Airlines shed more than 7%, w

American Airlines shares fell 8.6% on Thursday, hitting the lowest price since November 2020. Delta Air Lines and United Airlines shed more than 7%, while the NYSE Arca Airline Index lost more than 8%. The Federal Reserve lifted interest rates by threequarters of percentage point, the biggest increase since 1994. Airlines have cut summer flying plans to give themselves more wiggle room for routine disruptions. Domestic airfare fell for the first time this year, with round trips going for $390, down from $410 in midMay. Avelo, a startup U.S. airline, is cutting its fares 50% to all 25 destinations. Read More..

B2B Tech News | 3 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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