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GLOBAL NEWS

Market Transformation Electric Trucks Prevail Over Hydrogen in Europe

Electric trucks are taking over hydrogenpowered heavy lorries in Europe, as seen in the operations of Norways Asko. Asko tested four hydrogen trucks f

Electric trucks are taking over hydrogenpowered heavy lorries in Europe, as seen in the operations of Norways Asko. Asko tested four hydrogen trucks from Scania in 2020 near Trondheim but theyre not frequently used due to the rise of electric trucks for short deliveries. This shift marks a change in the division of roles between hydrogen and electric vehicles in decarbonization. The EUs push for emissions reduction drives electric trucks, expected to hold an 85% market share by 2030. Advancements in electric truck technology and cost efficiencies steer the focus away from hydrogen trucks, although they might be preferable in remote areas or for uninterrupted operations. This transition indicates a transformative era favoring electric trucks, reducing hydrogen lorries to specific niche roles. Read More..

B2B Tech News | 23 days ago      

Tech Challenges Put 5 Million Individuals at Risk in Aussie Nonprofit Sector

Australias notforprofit sector, employing 1.4 million and engaging 3.2 million volunteers, generates AUD $190 billion to support critical causes. Howe

Australias notforprofit sector, employing 1.4 million and engaging 3.2 million volunteers, generates AUD $190 billion to support critical causes. However, research from Infoxchange highlights the sectors struggle to meet modern IT security standards, risking nearly five million individuals and hindering addressing societal issues. The Digital Technology in the NotForProfit Sector report, based on a survey of over 1,000 organizations, underscores their awareness of digital advancement. Around 45% have shifted most IT to the cloud, while 38% focus on improving websites and 32% on enhancing digital marketing. Despite their vital role, these entities lack adequate support for combating cyber threats, constrained by limited resources directed mainly toward community service. Strengthening cybersecurity would demand redirecting funds from essential community services, a difficult tradeoff for these organizations. Read More..

B2B Tech News | 23 days ago      

Generative AI Transforming Indian Marketing Beyond Productivity

Indias generative AI scene, with over 60 local startups and $590 million raised, focuses on leveraging AI beyond productivity. While discussions often

Indias generative AI scene, with over 60 local startups and $590 million raised, focuses on leveraging AI beyond productivity. While discussions often revolve around enhancing productivity, the potential of generative AI in marketing remains underestimated. By combining data insights and creativity, generative AI complements human innovation. It wont drastically change the marketing industry but rather enhance professionals work, particularly through predictive analytics. This technology expedites the development of predictive analytics initiatives, accelerating the understanding of sales pipelines. Additionally, generative AI applications, utilizing specific data, streamline tasks, freeing up time for higherimpact activities within marketing teams. For instance, it rapidly generates lead lists, saving significant time for professionals. Read More..

B2B Tech News | 23 days ago      

Cornells New Program Equips Leaders to Harness AIs Potential Responsibly

Cornells new AI Strategy certificate program, led by Professor Soumitra Dutta, aims to equip professionals with comprehensive knowledge of AIs ethical

Cornells new AI Strategy certificate program, led by Professor Soumitra Dutta, aims to equip professionals with comprehensive knowledge of AIs ethical and sustainable use in business. It covers six courses, guiding students from AI basics to realworld applications, societal impacts, and future considerations. The program ensures a broad understanding, enabling individuals to assess, apply, and strategize AI use in their organizations while considering societal implications. Its an AI "boot camp," balancing technical insights with realworld contexts and strategies, preparing individuals for the everevolving AI landscape. Read More..

B2B Tech News | 23 days ago      

Livent Eyes $10.6 Billion Merger with Allkem Creates Global Lithium Powerhouse

Important US Lithium producer Livent is scheduled to meet with Australian investors to talk about merging with Allkem for $10.6 billion. Amid a declin

Important US Lithium producer Livent is scheduled to meet with Australian investors to talk about merging with Allkem for $10.6 billion. Amid a decline in Lithium prices and demand, the combination would make the company the thirdlargest manufacturer in the world. Should the acquisition be approved by Allkem shareholders on December 19, Paul Graves, the CEO of Livent, will assume the lead role at the recently established Arcadium Lithium. Australia, Canada, and Argentinas Lithium holdings would be combined in the merger, making Arcadium Lithium the worlds thirdlargest producer of Lithium. By 2027, pretax operational cost synergies from the purchase should provide around $125 million in annual savings. Read More..

B2B Tech News | 24 days ago      

BP, Edison, Shell Call on USEU Task Force Amid LNG Disputes

The USEU Task Force on Energy Security has received requests from BP, Edison, and Shell to step in and resolve a disagreement between Venture Global L

The USEU Task Force on Energy Security has received requests from BP, Edison, and Shell to step in and resolve a disagreement between Venture Global LNG and the companys noncompliance with an agreement to provide Liquefied Natural Gas LNG. Three businesses have filed claims in contract arbitration with Venture Global LNG, along with one other, alleging that the company has not supplied enough gas and that it has not finished repairing its Calcasieu Pass LNG plant. According to Venture Global LNG, the plants partial shutdown is a result of malfunctioning power equipment being fixed. To exert pressure on Venture Global LNG about the contracts, the three firms appealed to the task force. Read More..

B2B Tech News | 24 days ago      

Exxon Mobil Dives into Lithium Mining, Targets 2026 Production for EV Boom

Exxon Mobil is anticipated to declare intentions to begin producing Lithium in Arkansas by 2026 to meet the rising demand for the metals used in EV ba

Exxon Mobil is anticipated to declare intentions to begin producing Lithium in Arkansas by 2026 to meet the rising demand for the metals used in EV batteries. With Tetra Technologies, Exxon hopes to manufacture 10,000 metric tonnes of Lithium annually in Arkansas by 2026 as part of "Project Evergreen." This action is being taken to increase the amount of Lithium produced worldwide from brine reserves that are salted. To test Direct Lithium Extraction DLE technology, which is essential for commercial operations, Exxon has started digging wells in Arkansas. It would be enough to produce about 100,000 EV batteries in the first run. Read More..

B2B Tech News | 24 days ago      

TPG Telecom Halts Negotiations with Vocus Group over Fiber Asset Sale

The negotiations between TPG Telecom of Australia and Vocus Group to sell some nonmobile fibre assets for about AUD 6.3 billion $4 billion have come t

The negotiations between TPG Telecom of Australia and Vocus Group to sell some nonmobile fibre assets for about AUD 6.3 billion $4 billion have come to an end. The operational model and commercial conditions could not be agreed upon by the firms. TPGs stock dropped as much as 10.5%, to a level not seen since late July. The due diligence process ended in October, although Vocus had made a nonbinding bid in August to purchase specific enterprise, government, and wholesale assets. TPG declared that it will carry out its strategic review despite persistently high interest in its fixed infrastructure assets from possible investors. Read More..

B2B Tech News | 24 days ago