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GLOBAL NEWS

With recent announcements, Tecala declares its commitment to environmental activism.

The Climate Active Carbon Neutral Standard for Organizations has been met by Tecala Group. Being certified makes it Australias first midmarket managed

The Climate Active Carbon Neutral Standard for Organizations has been met by Tecala Group. Being certified makes it Australias first midmarket managed services provider. Tecala relocated their offices to green workplaces that make use of extremely effective Greenpower energy, lighting, and waste management techniques. By purchasing carbon offsets from actions that avoid, decrease, or eliminate greenhouse gas emissions, Tecala has essentially cancelled out any leftover emissions. The business has settled on two projects, one in West Java, Indonesia, and the other in New South Wales. Tecala currently aspires to host all servers at certified carbonneutral IT hosting facilities. Read More..

B2B Tech News | 1 months ago      

Partnership in retail technology to boost growth in the Middle East and North Africa by expanding SI services.

XY Retail is a global commerce solution that assists retailers with streamlining their omnichannel operations. The collaboration with ALGOCAS will all

XY Retail is a global commerce solution that assists retailers with streamlining their omnichannel operations. The collaboration with ALGOCAS will allow XY Retail to quickly deploy its solution in the MENA region. ALGO Cloud Advanced Solutions is an ERP and DevOps workload specialist. The company will optimise cloud deployments that are centred on the customer. XY Retail is the only headless unified commerce platform and POS designed specifically for retail brands. To modernise their stores, luxury brands around the world have turned to XY Retails APIdriven, mobilefirst cloud platform. Additionally, the platform boosts commerce by allowing retailers to fulfil online orders up to 300 percent faster. Read More..

B2B Tech News | 1 months ago      

Is data privacy in Malaysia merely a pipe dream?

Numerous significant data breaches involving wellknown corporations and governmental organisations occurred just in 2022. 22 million Malaysians privat

Numerous significant data breaches involving wellknown corporations and governmental organisations occurred just in 2022. 22 million Malaysians private information is said to have been compromised and sold online last year. Neither iPay88 nor the National Registration Department received any penalties for the violations. The next Malaysian minister for communications and multimedia is Fahmi Fadzil. He has said that after taking over the position, data breaches need to be treated carefully. Currently, firms that violate the rules governing how they handle Malaysians personal data face a maximum RM300,000 fine or two years in prison. Read More..

B2B Tech News | 1 months ago      

IBM and NASA are working together to use AI to study the effects of climate change.

The Marshall Space Flight Center of NASA and IBM have agreed to collaborate on using AI to study climate change. The partnership would make it possibl

The Marshall Space Flight Center of NASA and IBM have agreed to collaborate on using AI to study climate change. The partnership would make it possible to glean fresh insights from NASAs enormous repository of Earth and geospatial science data. Additionally, IBM and NASA intend to create a number of novel technologies to draw conclusions from observations of the earth. On the basis of data from Landsat Sentinel2, one of the initiatives will train an IBM geospatial intelligence foundation model. An easily searchable corpus of Earth science literature is anticipated as another result. Previously, IBM created an NLP model that was honed using approximately 300,000 journal papers from the Earth sciences. Read More..

B2B Tech News | 1 months ago      

With a $5.4B valuation, Lotus Tech will IPO via SPAC.

Holding Group consented to a merger with a company that writes blank checks in a deal that values the combined company at around $5.4 billion. The EV

Holding Group consented to a merger with a company that writes blank checks in a deal that values the combined company at around $5.4 billion. The EV manufacturing division of the auto manufacturing firm that Geely purchased back in 2017 and L Catterton Asia Acquisition will merge, the two parties announced on Tuesday. The sponsor of the special purpose acquisition company is associated with billionaire Bernard Arnault. Lotus Tech has been considering going public at least since the beginning of last year. Arnault surpassed Tesla CEO Elon Musk to become the richest man in the world last month, making history as the first European to top the Bloomberg Billionaires Index. Read More..

B2B Tech News | 1 months ago      

Australian partner awards are announced by Fortinet.

The recipients of Fortinets Australian Partner Awards, which honour partners who have assisted customers in moving away from traditional network archi

The recipients of Fortinets Australian Partner Awards, which honour partners who have assisted customers in moving away from traditional network architecture approaches and adjusting to shifting business environments, have been announced. Growth, investment in training, specialisations, and certifications, improved innovation and executive engagement, and success in managing customer engagements with Fortinet are taken into account when judging the awards. The awards honour Australias partner ecosystem for its outstanding contributions in 2022. The 2022 prize recipients are. TPG Telecom was named the best Australian partner of the year in the category of emerging partners. Read More..

B2B Tech News | 1 months ago      

NetApp, a cloud computing company, will lay off 8% of its global workforce.

On Tuesday, NetApp Inc. announced that it would eliminate 960 positions, or about 8% of its global workforce. The company anticipates carrying out the

On Tuesday, NetApp Inc. announced that it would eliminate 960 positions, or about 8% of its global workforce. The company anticipates carrying out the job cuts primarily through the end of its fiscal 2023 and recording related charges in the third quarter of between $85 million and $95 million. American businesses have been cutting staff and costs to better weather the global economic downturn. More than doubling from a year ago, Royal Dutch Shell has reported a record annual profit of US$39.9 billion. Its LNG divisions profits hit a record high of US$6 billion, helped by strong overall trading profits. A new share buyback programme worth US$4 billion over the following three months was also announced by the company. Read More..

B2B Tech News | 1 months ago      

EU releases Green Deal Industrial Plan to increase Europes competitiveness in clean technology.

In order to meet the EUs net zero goals, the EU Green Deal Industry Plan promotes fresh initiatives to increase green industrial investment, skills, a

In order to meet the EUs net zero goals, the EU Green Deal Industry Plan promotes fresh initiatives to increase green industrial investment, skills, and crucial raw material supply chains. A 21page report suggests state aid reforms, simpler planning laws, increased funding, and international clean tech alliances with likeminded nations. A Net Zero Industry Act is required under the EUs green plan for Europe, which is supported by revised industrial capacity goals for 2030 and simplified permitting procedures. A Critical Raw Materials Act that aims to boost Europes supply chain for rare earth minerals and other clean tech commodities would support the reforms. Read More..

B2B Tech News | 1 months ago