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TECH NEWS

More subsidies are needed to finance the future of the EU, according to VDLs slogan, Make Europe the home of clean tech..

Ursula von der Leyens goal is to avoid disruptions in transatlantic trade and investment, according to her. The President of the European Commission m

Ursula von der Leyens goal is to avoid disruptions in transatlantic trade and investment, according to her. The President of the European Commission made her case at the World Economic Forum in Davos. Despite European efforts to obtain an exemption similar to that granted to Canada and Mexico, talks have stalled. The European Commission wishes to establish a critical raw materials club in order to reduce reliance on China. The proposal also includes a temporary change in the rules governing state aid. However, von der Leyen is aware of the risks of harming the Single Market because some EU countries have more fiscal space than others. Read More..

B2B Tech News | 3 years ago          

Westpac collaborates with the AI business Rich Data Co.

Westpac has joined forces with AI firm Rich Data Co. RDC. The move is part of the companys efforts to improve the lending experience for its commercia

Westpac has joined forces with AI firm Rich Data Co. RDC. The move is part of the companys efforts to improve the lending experience for its commercial customers and bankers. RDCs AI platform assesses a companys cashflow health both now and in the future. This is an important consideration when deciding whether or not to extend a line of credit to that company. Read More..

B2B Tech News | 3 years ago          

US bank warnings of a recession cast a cloud of doubt over IT companies.

The earnings of largecap software companies in the December quarter did not surprise Dalal Street, and the current quarter is expected to be largely s

The earnings of largecap software companies in the December quarter did not surprise Dalal Street, and the current quarter is expected to be largely stable as well. However, management commentary and warning bells rung by some of the largest American banks indicate that FY24 may be a difficult year. Analysts see downside risks to consensus earnings estimates for FY24 due to the level of uncertainty in both major markets. Analysts do not recommend that investors avoid the sector. Most analysts do not recommend betting on Tata Consultancy Services at this time. Read More..

B2B Tech News | 3 years ago          

A stunning view of the Tarantula Nebula is provided by a collaboration between Webb and Chandra Xray Observatory.

The James Webb Space Telescope captured a stunning image of the nebula 30 Doradus last year. The Tarantula Nebula is a stellar nursery that has long b

The James Webb Space Telescope captured a stunning image of the nebula 30 Doradus last year. The Tarantula Nebula is a stellar nursery that has long been a favourite of astronauts studying star formation. The Tarantula Nebula is found in the Large Magellanic Cloud, a neighbouring galaxy to our own. The new image combines Chandra Observatory Xray data with an infrared image taken by the Webb telescope in 2022. Read More..

B2B Tech News | 3 years ago          

The Ecosystem A demand gap exists in Europes hydrogen innovation ecosystem.

In terms of hydrogen innovation, Europe is doing well, and its top research institutions and businesses are setting the bar globally for new technolog

In terms of hydrogen innovation, Europe is doing well, and its top research institutions and businesses are setting the bar globally for new technology patents. Nevertheless, an analysis of hydrogen technology patents released by the European Patent Office and the International Energy Agency indicates that there are still gaps to be filled in order to complete the hydrogen ecosystem IEA. The IEAs executive director, Fatih Birol, said the study shows that innovators are reacting to the need for competitive hydrogen supply chains, but also indicates areas particularly among end users where more effort is required. According to the survey, there was a focus on hydrogen production technologies between 2011 and 2020, with about half of international patent families IPFs being submitted in this field. Read More..

B2B Tech News | 3 years ago          

Samsung and India argue over $110 million in production incentives.

According to people familiar with the situation, the smartphone giants India arm is requesting slightly under 9 billion rupees $110 million in incenti

According to people familiar with the situation, the smartphone giants India arm is requesting slightly under 9 billion rupees $110 million in incentives for the fiscal year ending March 2021. However, the government is only willing to provide the South Korean corporation 1.65 billion rupees unless it can produce more information and documentation to back up its claim, according to the persons, who asked not to be identified because the case is private. The incentives are an important part of Prime Minister Narendra Modis drive to make India a powerhouse for electronics production. In 2020, the country announced $6.7 billion in productionlinked incentives PLIs, which provide cash to enterprises based on sales of locally manufactured cellphones. Read More..

B2B Tech News | 3 years ago          

Microsoft will incorporate ChatGPT into its Azure cloud offerings.

Microsoft announced that it will soon integrate OpenAIs popular chatbot ChatGPT into its cloudbased Azure service, strengthening the partnership betwe

Microsoft announced that it will soon integrate OpenAIs popular chatbot ChatGPT into its cloudbased Azure service, strengthening the partnership between the two businesses as Microsoft considers purchasing a significant share in OpenAI. The software behemoth announced the wide release of its Azure OpenAI Service, which has been been accessible to a select group of users since its 2021 introduction. According to a blog post by the firm, the service gives Microsofts cloud clients access to a number of OpenAI tools, including the DallE model for creating images from text prompts and the GPT3.5 language system, on which ChatGPT is based. People familiar with Microsofts plans claimed last week that the company is in talks to invest up to US$10 billion in OpenAI. Read More..

B2B Tech News | 3 years ago          

The Dutch tech sector calls on the EU to oppose China chip exports.

Dutch IT sector group FME on Tuesday asked for the European Commission to establish a stance on whether and how to restrict computer chip technology e

Dutch IT sector group FME on Tuesday asked for the European Commission to establish a stance on whether and how to restrict computer chip technology exports to China, saying more coordinated and robust action was needed from Europe. The request comes as Dutch Prime Minister Mark Rutte pays a visit to US Vice President Joe Biden in Washington. The presidents are scheduled to address US calls for the Netherlands to implement US measures enacted in October aimed at stifling Chinas chipmaking industry and slowing its technical and military advancements. It had 15% of its sales to China in 2021, or 2 billion euros $2.2 billion, at risk if the Netherlands adopted the new US restrictions. Read More..

B2B Tech News | 3 years ago          



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Refresh Your Facts

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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