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Tether Takes Swift Action on Crypto Wallets in Terrorism Probe

Due to their alleged involvement in "terrorism and warfare" in Israel and Ukraine, Tether, a significant cryptocurrency issuer, has frozen 32 cryptocu

Due to their alleged involvement in "terrorism and warfare" in Israel and Ukraine, Tether, a significant cryptocurrency issuer, has frozen 32 cryptocurrency wallet addresses totalling $873,118. After an attack in October 2022, Israeli authorities froze cryptocurrency accounts for donations to Hamas, prompting the companys response. On March 16, 2023, Tether froze accounts tied to Israel on June 16, 2021, it froze accounts related to Ukraine. TRM Labs, a blockchain research organisation in the US that collaborates with law enforcement, had identified Tethers use in financing terrorism. Tether declared its dedication to working with international law enforcement to fight terrorism fueled by cryptocurrencies. The activities nature and wallet owners are still unknown. Read More..

B2B Tech News | 1 years ago          

South Africas Economic Recovery Hinges on Private Investment in Logistics

The South African government plans to address the significant economic losses caused by the staterun ports and freightrail sector by involving the pri

The South African government plans to address the significant economic losses caused by the staterun ports and freightrail sector by involving the private sector. The proposal, outlined in a 124page document, includes establishing port and rail regulators, allowing private companies access to rail lines, and privatizing the operation of ports and rail routes, even for coal and ironore exports. This shift reflects a change in the African National Congresss approach, moving away from stateled economic growth and turning to the private sector for solutions. The urgency of this shift is highlighted by declining volumes in rail transportation and inefficient container ports in the country. Read More..

B2B Tech News | 1 years ago          

Australias Northern Territory to Sign MoU with Kerala for Trade and Collaboration

Nicole Manison, Deputy Chief Minister of Australias Northern Territory NT Government, has expressed a desire to establish strong partnerships with Ker

Nicole Manison, Deputy Chief Minister of Australias Northern Territory NT Government, has expressed a desire to establish strong partnerships with Kerala. During her visit to Kerala with a business delegation, she announced the intention to sign a memorandum of understanding MoU to collaborate on trade and various sectors. Manison highlighted opportunities in the healthcare sector in the NT and commended Kerala for its skilled healthcare professionals and workforce. The visit aims to promote investment and identify priority sectors for mutual growth. Read More..

B2B Tech News | 1 years ago          

UK Competition Watchdog Approves Microsofts Activision Blizzard Takeover

The UKs top competition watchdog has approved Microsofts $69 billion acquisition of gaming company Activision Blizzard, marking the last major hurdle

The UKs top competition watchdog has approved Microsofts $69 billion acquisition of gaming company Activision Blizzard, marking the last major hurdle for the deal. However, the approval comes with a condition that Microsoft wont have cloud gaming rights to prevent monopolizing the emerging cloud gaming market. This decision is a significant change from the Competition and Markets Authoritys previous stance, which initially blocked the deal due to concerns about stifling competition in cloud gaming. Microsofts acquisition of Activision has faced regulatory challenges in the U.S., Europe, and the UK, and they offered concessions, including divesting cloud rights to Ubisoft Entertainment, to address these concerns. Read More..

B2B Tech News | 1 years ago          

Japan Launches Digital Currency DCJPY for Clean Energy Certificates

Japanese firms are launching "DCJPY," a digital currency for clean energy certificates, by July 2024. GMO Aozora Net Bank is the issuer, and it runs o

Japanese firms are launching "DCJPY," a digital currency for clean energy certificates, by July 2024. GMO Aozora Net Bank is the issuer, and it runs on DeCurrets cryptocurrency exchange network. DCJPY will be used by Internet Initiative Japan IIJ to settle clean energy certificates starting in July 2024. These certificates, representing nonfossil fuel energys environmental value, will be traded using blockchain tech. DCJPY tokens will be backed by bank deposits, linked to bank accounts for secure transactions, and differ from stablecoins as they follow established KYC and AML practices rather than being tied to fiat currencies. Read More..

B2B Tech News | 1 years ago          

HVS Unveils Flexible Modular Platform for HydrogenPowered Commercial Vehicles

Hydrogen Vehicle Systems HVS, a company specializing in hydrogenpowered commercial vehicles, has introduced a flexible modular platform for heavy good

Hydrogen Vehicle Systems HVS, a company specializing in hydrogenpowered commercial vehicles, has introduced a flexible modular platform for heavy goods vehicles. Their tractor unit can be configured with different eaxles and hydrogen tanks to suit various range needs. The hydrogen fuel cell system can also be customized for power output based on payload and mission requirements. This modular design maintains a consistent vehicle footprint, prioritizing driver comfort and accommodating the hydrogen powertrain. The vehicle features a suspended front cab and a rear tower for thermal and powertrain components. Read More..

B2B Tech News | 1 years ago          

Challenges Mount for Qualcomm as It Slashes Over 1,200 Jobs

Qualcomm, the worlds leading smartphone chip manufacturer, is planning significant job cuts, with 1,258 positions being eliminated in San Diego and Sa

Qualcomm, the worlds leading smartphone chip manufacturer, is planning significant job cuts, with 1,258 positions being eliminated in San Diego and Santa Clara, California. These layoffs will affect a wide range of roles, with over 750 job cuts in engineering, and the rest in various departments. The reductions will begin in midDecember, and this disclosure is specific to their California locations. Qualcomm is facing a revenue decrease of approximately 19% in the current fiscal year, as it seeks to diversify its product offerings beyond the smartphone market, which still makes up a significant portion of its sales. This is due to slowerthanexpected demand for phones, especially in China. Read More..

B2B Tech News | 1 years ago          

Anthology Plans to Outpace Industry Growth with New AI Solutions

Anthology, a USbased global edtech company with an R&D center in Chennai, aims to expand its footprint by acquiring new customers in existing areas, e

Anthology, a USbased global edtech company with an R&D center in Chennai, aims to expand its footprint by acquiring new customers in existing areas, entering new markets, and introducing new AI products. Bruce Dahlgren, Anthologys global CEO, highlighted the companys focus on AI products for higher education. They also plan to innovate for their current customer base. With engineering and product development teams in India, Anthology serves over 150 million users in 80 countries and has over 4,000 employees, with 1,200+ in India, including more than 300 in Chennai. They aim to outpace the 910% growth of the global edtech enterprise solutions market. Read More..

B2B Tech News | 1 years ago          



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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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