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GLOBAL NEWS

The EU formally bans the sale of gas and diesel vehicles starting in 2035.

In an effort to hasten the switch to electric vehicles, the European Parliament has approved a rule that will forbid the sale of new gas and diesel ca

In an effort to hasten the switch to electric vehicles, the European Parliament has approved a rule that will forbid the sale of new gas and diesel cars in the European Union beginning in 2035. The new rule prohibits the sale of any new fossil fuelpowered automobiles in the 27country bloc because it requires a 100% reduction in carbon dioxide emissions from newly purchased vehicles. However, since the regulation was first proposed in July 2021, a few automakers, business leaders, and nations have voiced their opposition to the EU. The final agreement, which was approved on Tuesday, contains flexibility, including a provision allowing small automakers who produce fewer than 10,000 vehicles annually to bargain for softer standards until 2036. Read More..

B2B Tech News | 1 months ago      

Australia needs to hire thousands more technology professionals.

Kate Pounder, CEO of the Technology Council of Australia, issued a warning that legislative reforms and financing efforts will be necessary to support

Kate Pounder, CEO of the Technology Council of Australia, issued a warning that legislative reforms and financing efforts will be necessary to support the business as it was not moving forward quickly enough. By 2030, Australia would have more than 180,000 jobs short, she warned, if nothing was done. Despite the low number of graduates, she said that over the previous ten years, technology positions in Australia have doubled and will increase by 9% to more than 900,000 in the year ending in November 2022. Jobs increased despite huge layoffs in the tech industry, including significant job losses at Twitter, Facebook, and Google, which also reduced positions for local employees. Read More..

B2B Tech News | 1 months ago      

With its software tool, Korean company Portlogics makes international shipping simpler for businesses.

Portlogics, a South Korean digital freight forwarder that provides a forwarding management system based on robotic process automation, wants to help m

Portlogics, a South Korean digital freight forwarder that provides a forwarding management system based on robotic process automation, wants to help merchants track international shipping logistics and receive shipment status updates by digitising the process with its software tool. With this kind of traction, the Korean startup has received $1.6 million 2 billion won in preSeries A funding from investors such as K2G Fund and strategic investor GS Global, which is owned by Korean conglomerate GS Holdings. Choi explained that the startup also intends to implement artificial intelligence and machine learning to make sense of the data the company has been collecting and better equip it to estimate ebooking and shipping costs. Read More..

B2B Tech News | 1 months ago      

Cylib, a startup in battery recycling, recharges its funds to move more quickly.

A slew of new EU regulations are set to take effect in 2024, tightening the obligation of electric vehicle manufacturers and resellers to recycle batt

A slew of new EU regulations are set to take effect in 2024, tightening the obligation of electric vehicle manufacturers and resellers to recycle batteries at the end of their natural lifespan. Cylib, a German battery recycling startup, jumped at the chance, raising a total of €11.6 million $12.6 million to build a recycling factory. The current round is a €8 million extension of the companys seed round, bringing the total amount raised for the seed round to €11.6 million. The World Fund only invests in startup technologies that have the potential to save at least 100 megatonnes of CO2e per year by 2040. According to the company, it recycles 90% of its waste. Read More..

B2B Tech News | 1 months ago      

Launch of cloud services by Tech Data in Australia.

Tech Datas cloud managed services will include custom offerings for AWS and Microsofts Infrastructure as a Service IaaS and Platform as a Service PaaS

Tech Datas cloud managed services will include custom offerings for AWS and Microsofts Infrastructure as a Service IaaS and Platform as a Service PaaS business models, as well as 24/7 monitoring of cloud workloads. With the regions cloud market expanding, resellers in Australia will benefit from faster time to market, reduced complexity, and accelerated cloud migration by leveraging Tech Datas cloud expertise. Read More..

B2B Tech News | 1 months ago      

Smile Identity is backed by a $20M Series B round led by Costanoa Ventures and Norrsken22.

Smile Identity has received a $20 million Series B round of funding to expand its AIpowered identity verification platform and collaborate with ID aut

Smile Identity has received a $20 million Series B round of funding to expand its AIpowered identity verification platform and collaborate with ID authorities and governments to develop consumer consent standards and enforce local data protection laws. Smile Identity provides identity verification, digital KYC, user onboarding, liveness checks, face verification, document verification, and antifraud checks to clients to help them reduce fraud and onboard new customers. Read More..

B2B Tech News | 1 months ago      

For the first time in years, the gaming industry in China is shrinking.

For the first time since 2005, Chinas video game sector saw a drop in sales, with 265.9 billion yuan $39 billion in video game sales in 2022, a 10.33%

For the first time since 2005, Chinas video game sector saw a drop in sales, with 265.9 billion yuan $39 billion in video game sales in 2022, a 10.33% drop year on year. The total number of users fell to 664 million, 0.33% less than the previous year. Developers ranging from small startups to behemoths like Tencent are venturing abroad in search of new growth opportunities. Chinese games have been exported for years, but they are finally making an impact in the West, with Chinamade titles accounting for up to 20% of mobile gaming revenues in 2020. Read More..

B2B Tech News | 1 months ago      

To promote fresh energy products, GWM makes tours through Brazil.

With its dealer network, Great Wall Motor GWM recently began a MeetandGreet Tour in Brazil. The first trip was in Fortaleza, a significant port city i

With its dealer network, Great Wall Motor GWM recently began a MeetandGreet Tour in Brazil. The first trip was in Fortaleza, a significant port city in northeastern Brazil, where potential car buyers investigated the companys core values and fresh customer support paradigms. By combining the brands HAVAL, TANK, and POER Pickup into ONE GWM, GWM will offer its clients in Brazil a future experience that relies on cuttingedge technology and digital innovation. Additionally, GWM is accelerating the development of an integrated online + offline sales network, with 50 GWM sales and service centres and House of Tomorrow offering a variety of online + offline services.  Read More..

B2B Tech News | 1 months ago