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Virgin Galactic postpones space tour flights until Q2 2023

Space tourism company Virgin Galactic delayed the start of commercial flights by another three months on Thursday as repairs to the spacecraft were de

Space tourism company Virgin Galactic delayed the start of commercial flights by another three months on Thursday as repairs to the spacecraft were delayed. Virgin Galactic has announced it will resume commercial service in the second quarter of 2023, the latest setback before its debut in space tourism. In afterhours trading, shares fell more than 10 percent to close at $8.19 a share. The stock is down more than 70% in the past 12 months. The company currently has an aircraft carrier, or mother ship, called VMS Eve, which is about 14 years old and undergoing a longterm overhaul.Virgin Galactic reported an adjusted EBITDA loss of $93 million in the second quarter, beating the loss of $77 million in the previous quarter Read More..

B2B Tech News | 2 years ago          

Instagrams NFT features are now available in 100 countries thanks to Facebook

Facebook-owned Meta launched non-fungible tokens NFT in 100 countries after a successful test in May. This comes after Meta merged with Coinbase and D

Facebook-owned Meta launched non-fungible tokens NFT in 100 countries after a successful test in May. This comes after Meta merged with Coinbase and Dapper wallets, as well as Trust, MetaMask and Rainbow wallets. The platform also added support for Polygon and the Ethereum blockchain. It is not yet clear whether the launch will include Kenya, the countrys biggest user of digital technology. Read More..

B2B Tech News | 2 years ago          

Solar EV startup uses Automotive News Europe Rising Star technology

Solar-focused startups use solutions from Rising Star 2018 winner Gorazd Gotovac. Elaphe Propulsion Technologies Chief Technology Officer Gotovac told

Solar-focused startups use solutions from Rising Star 2018 winner Gorazd Gotovac. Elaphe Propulsion Technologies Chief Technology Officer Gotovac told Automotive News Europe that Aptera Motors and Lightyear have chosen suppliers from Slovenia for their inwheel motors. Elaphe and Lightyear claim that the companys Lightyear 0 solar vehicle achieves 97% inwheel motor efficiency with a fraction of the thermal energy. Lightyear wants the car to be able to travel up to 20,000 kilometers per year on solar power. Elaphe also announced that it will manufacture and supply Aptera with 100,000 inwheel motors per year. Read More..

B2B Tech News | 2 years ago          

Defense, DEWR spend $160 million on Microsoft products and Azure

Two federal government departments have spent more than $160 million on Microsoft software and cloud services in one of the costliest licensing refres

Two federal government departments have spent more than $160 million on Microsoft software and cloud services in one of the costliest licensing refreshes in recent years. The Department of Defence and the Department of Employment and Workplace Relations both entered new contracts with a reseller.Defense Departments $109.4 million contract with Data#3 and $52.9 million deal with DEWR are some of the largest to be signed with the reseller, bar the governments umbrella deal. At more than $160 million in total, they are significantly more than their predecessors over a similar threeyear period, continuing a trend that first emerged in 2016. Read More..

B2B Tech News | 2 years ago          

BladeBUG displays a robot for checking wind turbines

BladeBUG has launched a version of its monitoring system with a waterproof covering to protect it when carrying out essential inspection and maintenan

BladeBUG has launched a version of its monitoring system with a waterproof covering to protect it when carrying out essential inspection and maintenance of wind turbines. The sixlegged robot inspects and repairs turbine blades by walking on them rather than using human technicians. System has been in development for a year, undergoing rigorous testing including being hung on a real blade, and testing of its body movement and walking gait.BladeBUG robots are designed to reduce costly turbine downtime for wind energy customers. During testing earlier this year, the first advanced BladeBUG robots were deployed and inspected problem areas on turbine blades in just 35 minutes. And in 2021, the robot tested the lightning protection system on the first work. Read More..

B2B Tech News | 2 years ago          

SIG, Singtel Invest in Innov8, Enterprise Metaverse Platform

Enterprise metaverse platform DataMesh has raised an undisclosed amount in a round led by SIG Asia Investment with participation from Singtel Innov8 a

Enterprise metaverse platform DataMesh has raised an undisclosed amount in a round led by SIG Asia Investment with participation from Singtel Innov8 and Global Brain. Founded in 2014 by former Microsoft employee Jie Li and game developer Hao Wu, DataMesh helps companies develop internal metaverse platforms for frontline workers in manufacturing, construction, and operations. This service is available for Microsoft HoloLens 2 with mixed reality, a technology that combines augmented and virtual reality. Although the company is based in the United States, it has an R&D center in Beijing. We are currently establishing our global headquarters in Singapore. DataMesh is used by customers in China, Australia, North America, and Southeast Asia. Read More..

B2B Tech News | 2 years ago          

Tech company Little plans to make billions from a stake sale

The technology firm plans to sell up to 25 percent of its holding in a move that could raise over Sh2 billion. It will lead to investors having a stak

The technology firm plans to sell up to 25 percent of its holding in a move that could raise over Sh2 billion. It will lead to investors having a stake in the private firm valued at between Sh9.52 billion $80 million to Sh11.9 billion $100 million. Chief executive and founder of Craft Silicon Kamal Budhabhatti said the funds would be helping raise its market share in the retail segment. Safaricombacked ridehailing firm Little is looking to raise $8 million Sh953 million to expand into Ethiopia, Uganda, Tanzania, Zambia, and Ethiopia. The firm has struggled to compete in the pricecompetitive market with Uber and Bolt. It has also entered into payroll management and salary advances space in a partnership that will bring the private firms and banks to provide shortterm loans. Read More..

B2B Tech News | 2 years ago          

India withdraws a Personal Data Protection bill that concerned tech giants

Indias government has withdrawn its longawaited Personal Data Protection Bill that drew scrutiny from several privacy advocates and tech giants.The mo

Indias government has withdrawn its longawaited Personal Data Protection Bill that drew scrutiny from several privacy advocates and tech giants.The move came as a surprise as lawmakers recently said a bill introduced in 2019 could soon see the light of day. The government will now work on a comprehensive legal framework and present a new bill, an official said. Indias IT Minister Ashwini Vaishnaw has proposed to withdraw The Personal Data Protection Bill, 2019 and present a new bill that fits into the comprehensive legal framework. The bill drew criticism from many industry stakeholders after it mandated that companies may only store certain categories of sensitive and critical data.Indias privacy bill should be put up for public consultation and not junked altogether, says Nikhil Pahwa, editor of MediaNama, in a series of posts on Twitter. The JPC did not include many key civil society actors.Government has already made a mess with IT Rules 2021 and CERTin directions. 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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