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GLOBAL NEWS

Chinese startups that are expanding internationally may benefit US cloud industry giants.

The postCOVID era and an unsteady economy are causing the cloud industry to chill down, but there is a silver lining in that Chinese internet companie

The postCOVID era and an unsteady economy are causing the cloud industry to chill down, but there is a silver lining in that Chinese internet companies wishing to open offices abroad are doing business with U.S. cloud titans. Chinese chuhai entrepreneurs find inspiration in TikTok, the thirdlargest social network only after Facebook and Instagram, but its difficulties in the West worry its users. After the Trump administrations attempt to force a sale of the industry leader in short videos failed, TikTok and Oracle established a cooperation in late 2020. Read More..

B2B Tech News | 8 months ago      

After the Prime Ministers intervention, Wikipedia was made accessible in Pakistan.

Pakistan has unblocked Wikipedia in the South Asian market, three days after the online encyclopaedia was censored in the country for failing to remov

Pakistan has unblocked Wikipedia in the South Asian market, three days after the online encyclopaedia was censored in the country for failing to remove sacrilegious content, according to the local regulator. Shehbaz Sharif, the Prime Minister of Pakistan, directed the unblocking order, calling the censorship on Wikipedia not a suitable measure to restrict access to some objectionable contents/sacrilegious matter on it. Last Wednesday, the Pakistani telecom regulator degraded access to Wikipedia and threatened to fully block the site in 48 hours if certain content was not removed. Wikipedia was banned in the country on Friday. The South Asian countrys decision to block the website drew widespread criticism and global media attention. Read More..

B2B Tech News | 8 months ago      

With $500 million invested, GV is preparing for additional deals in Europe with a new partner in London, Luna Dai Schmid.

In the most recent change of that dial, GV, the venture capital firm backed by Alphabet, the parent company of Google, is announcing a new partner for

In the most recent change of that dial, GV, the venture capital firm backed by Alphabet, the parent company of Google, is announcing a new partner for its London office, Luna Dai Schmid, as well as the news that it has reached a milestone in its efforts in Europe, having invested $500 million across about 40 startups in the region since starting its operations in 2014. Along with Tom Hulme, one of the founders of the London GV office, and Vidu Shanmugarajah, who secretly joined as an investment partner after first entering as its legal counsel, Dai who, from what we hear, will shortly go by Luna Schmid, will be joining as an investment partner. Dai worked from 2018 to 2020 as a vice president at SoftBank Investment Advisors. Read More..

B2B Tech News | 8 months ago      

Modular solar technology from an Australian solar developer will power a lithium mine project.

The Kathleen Valley Lithium project in Western Australia will be developed in collaboration with Zenith Energy, according to 5B, an Australian company

The Kathleen Valley Lithium project in Western Australia will be developed in collaboration with Zenith Energy, according to 5B, an Australian company that develops solar energy technologies. The largest battery metal miners will receive clean electricity from the solar project. The 5B Maverick technology, a ground mount solar system made to be safer, more affordable, and quicker to deploy for offgrid, commercial and industrial, and largescale solar power generation, will provide the projects energy. This is the biggest order that 5B has ever received for the PV portion of the projects 95 MW hybrid microgrid. Because of its Maverick technology, 5B was picked by the developer for a solar PV project. Read More..

B2B Tech News | 8 months ago      

Palm.hr raises $5M and begins MENA expansion.

Schrems claims that since going live, the HRtech business has grown significantly, doubling its annual recurring revenue ARR every six months. With th

Schrems claims that since going live, the HRtech business has grown significantly, doubling its annual recurring revenue ARR every six months. With the help of $5 million in preSeries A funding from a round led by European venture capital firm Speedinvest, which made its debut in Saudi Arabia, and RAED Ventures, with participation from MENAfocused VC firm Wamda Capital, it plans to continue growing by entering Egypt and the UAE while focusing more on Saudi Arabia. With the use of employee selfservice tools, Palm.hr automates payroll processing, keeps tabs on staff performance, and keeps track of leaves of absence. Read More..

B2B Tech News | 8 months ago      

To power webbased 3D design, Singapores PixCap raises $2.08 million.

PixCap, a newly sponsored participant, is entering the fray with a webbased, nocode 3D design tool. Singaporebased PixCap, which was established in 20

PixCap, a newly sponsored participant, is entering the fray with a webbased, nocode 3D design tool. Singaporebased PixCap, which was established in 2020, just received $2.8 million from a seed fundraising round. In the same way that Canva made 2D drawings more widely available, PixCap wants to make the switch to 3D more affordable. The site currently has over 30,000 members, with around a third of them located in North America. Other significant markets include India, Indonesia, and the United Kingdom. The primary way that PixCap differs from established players is through its webbased draganddrop interface. In comparison to more recent online solutions, like the Y Combinatorbacked Spline, it offers more editable templates and robust 3D animation capabilities, which Looi claimed is the logical progression from static 3D images. Read More..

B2B Tech News | 8 months ago      

A judge rules that an exmoderator may file a lawsuit against Facebooks parent company Meta.

Daniel Motaung claims he was paid $2.20 per hour to review posts that included beheadings and child abuse, and he is suing Metas former employer, Sama

Daniel Motaung claims he was paid $2.20 per hour to review posts that included beheadings and child abuse, and he is suing Metas former employer, Sama. Meta claimed that the court lacked jurisdiction because the company was not based in Kenya, but the court disagreed and determined that Meta and Sama were proper parties in the case. The Kenyan case is supported by Foxglove, whose director Cori Crider said that a key point had been established Daniels win today should send a message to Facebook, and by proxy, all of big tech in Africa. Read More..

B2B Tech News | 8 months ago      

KBR Technology Selected for Green Ammonia Project in South America

KBR is collaborating with Toyo Engineering Corporation to demonstrate the operational stability of green ammonia production using photovoltaic and win

KBR is collaborating with Toyo Engineering Corporation to demonstrate the operational stability of green ammonia production using photovoltaic and wind energy. Forwardlooking statements are subject to a variety of risks and uncertainties, many of which are outside of the companys control. These include the COVID19 pandemic, changes in customer capital spending, structural changes in industries, escalating costs associated with fixedfee projects, claims negotiations and contract disputes, changes in the demand for or price of oil and/or natural gas, intellectual property rights protection, compliance with environmental laws, changes in government regulations and regulatory requirements, compliance with income tax laws, and unresolved political issues. Read More..

B2B Tech News | 8 months ago