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Hyundai Motor and SK sign agreement to supply electric vehicle batteries for North America

Hyundai Motor Group of South Korea has struck a contract with battery manufacturer SK On to purchase electric vehicle batteries in North America. The

Hyundai Motor Group of South Korea has struck a contract with battery manufacturer SK On to purchase electric vehicle batteries in North America. The agreement comes after the U.S. Inflation Reduction Act, which was signed in August and mandates that automakers obtain a specific proportion of crucial minerals for their EV batteries domestically. Because it doesnt yet produce cars there, Hyundai Motor was not eligible for the subsidies. Read More..

B2B Tech News | 2 years ago          

Helping companies build and train computer vision AI faster through automation

V7, a firm based in London, has raised $33 million in a Series A fundraising round that will enable it to quadruple the size of its workforce and furt

V7, a firm based in London, has raised $33 million in a Series A fundraising round that will enable it to quadruple the size of its workforce and further develop in the US market. Unnamed employees from OpenAI, Twitter, and Amazon participated in the round, which was coled by Radical Ventures and Temasek. The use cases for V7s solution include robotic waste sorting, driverless driving, and applications that could save lives. Read More..

B2B Tech News | 2 years ago          

Child Online Safety Act May Harm Minors, Civil Society Groups Warn Lawmakers

In a statement on Monday, dozens of civil society organisations asked lawmakers not to enact a plan that would shield kids from danger online. The leg

In a statement on Monday, dozens of civil society organisations asked lawmakers not to enact a plan that would shield kids from danger online. The legislation would impose obligations on websites that are likely to be visited by children, requiring them to behave in the best interests of visitors who are 16 years old or less. Additionally, parents would need methods to monitor the time their children spend on particular websites. Online providers would have to prevent injuries to children under KOSA. Websites would need to inform their young users when parental controls are active. Read More..

B2B Tech News | 2 years ago          

APRA steps up investigation into Medibank after major cyberattack

The Australian Prudential Regulation Authority APRA has increased the level of oversight it provides to Medibank, a private health insurance. This com

The Australian Prudential Regulation Authority APRA has increased the level of oversight it provides to Medibank, a private health insurance. This comes after a cyberattack in which the private information of 9.7 million users in Australia was stolen. A data breach that has affected 10 million present and former Optus customers is also being investigated by APRA. Banks, insurers, and superannuation funds are the targets of a cybercrime campaign launched by the Australian Prudential Regulatory Authority APRA. One report of a cyberattack occurs every eight minutes as a result of the increase in cybercrime reporting. Just weeks after the Medibank data hack, APRA launched a crackdown. Read More..

B2B Tech News | 2 years ago          

TipTip uses a hyperlocal strategy to help manufacturers in Southeast Asia monetize

Albert Lucius, whose previous business Kudo was acquired by Grab, developed TipTip. The Indonesian business has raised $13 million in Series A fundrai

Albert Lucius, whose previous business Kudo was acquired by Grab, developed TipTip. The Indonesian business has raised $13 million in Series A fundraising, only eight months after raising $10 million in Series A funding. It hopes to attract over 30,000 creators and 300,000 users by early next year. TipTip, according to Luis, is a fullservice solution for creators, including digital content management and distribution, live streaming services, oneonone interactions, and direct tipping. TipTip also assists creators with administrative issues such as audience management, KYC, payment systems, and scheduling. Read More..

B2B Tech News | 2 years ago          

A wavepowered prototype is to extract drinking water from the sea

According to the business, this device uses the energy of ocean waves to desalinate water and pump potable water to coastal users. Iberdrola, a worldw

According to the business, this device uses the energy of ocean waves to desalinate water and pump potable water to coastal users. Iberdrola, a worldwide energy company, is developing numerous technologies, including desalination. Desalination is viewed as a beneficial method for delivering drinking water to places where supply is a problem, but also poses considerable environmental concerns. The poisonous brine produced by the energyintensive desalination process pollutes coastal ecosystems and contributes to global warming. Projects aimed at more sustainable water desalination will become increasingly important in the future. Read More..

B2B Tech News | 2 years ago          

EU ministers face big increases in space funding

To improve fleet management, a Kenyan B2B supply chain and logistics SaaS vendor called Leta was established last year. Its patented load and route op

To improve fleet management, a Kenyan B2B supply chain and logistics SaaS vendor called Leta was established last year. Its patented load and route optimization technology is made to increase delivery efficiency to consumers. The firm is in the process of expanding, and with $3 million in preseed capital, it is looking to partner with some of Ghanas major wholesalers and ecommerce companies. It claims to have handled 2,000 cars, delivered more than 20,000 tonnes of cargo, and optimised over 500,000 deliveries. Read More..

B2B Tech News | 2 years ago          

Elon Musk to Blame for Twitter’s Advertising woes, civil rights groups say

Elon Musk alleges that civil rights organisations broke a contract they had with him. He claimed they advised businesses to stop using Twitter for adv

Elon Musk alleges that civil rights organisations broke a contract they had with him. He claimed they advised businesses to stop using Twitter for advertising. There was no such contract, according to civil rights leaders, with Musk. Democracy always comes first, according to the CEO of the National Association for the Advancement of Colored People. Cooper is just one of the several organisations that wrote Musk a letter asking him to take action. He claims that there has been a rise in antisemitic content at his organisation. Read More..

B2B Tech News | 2 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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