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Australia Post blames retail disruptions on global internet issues

Australia Post has blamed a global internet problem for a system error that prevented its stores from processing some transactions. The Postal Servic

Australia Post has blamed a global internet problem for a system error that prevented its stores from processing some transactions. The Postal Service admitted to AEST this afternoon that it was struggling with retail operations nationwide and that some transactions were not possible. He said the fix had been successfully implemented and the affected services were now being restored online.We apologize for the inconvenience, the company tweeted. The issue affected the stores banking and identity verification services. ABC Wimmera said customers could still pay their bills and send or receive parcels. Read More..

B2B Tech News | 2 years ago          

VisIC Technologies Launches New Generation of EV Drivetrains

The Hofer drive system lays the foundation for the next generation of electric vehicles. German powertrain expert Hofer Powertrain has chosen the most

The Hofer drive system lays the foundation for the next generation of electric vehicles. German powertrain expert Hofer Powertrain has chosen the most advanced chip technology and developed new multilevel power electronics with Direct Drive DMode D3GaN, the latest gallium nitride chip technology from a leader in the automotive gallium nitride GaN industry technology implementation.VisIC Technologies Ltd. The efficiency and power density of the new solution exceed the capabilities of siliconbased technologies. A recent test was successful. Gallium nitride semiconductors are the key to the efficiency of increasing the mileage and lifespan of electric vehicles. Hofer Powertrain and VisIC Technologies continue to develop gallium nitride power converters for electric vehicles, revolutionizing gallium nitride technology for 800 V battery systems in the automotive industry. Read More..

B2B Tech News | 2 years ago          

Picpay provides crypto trading options to over 30 million users in Brazil

One of the most popular wallets and payment apps in Brazil, Picpay, has announced the launch of its cryptocurrency trading services program there. Acc

One of the most popular wallets and payment apps in Brazil, Picpay, has announced the launch of its cryptocurrency trading services program there. According to Bruno Gregory, head of a crypto at Picpay, our objective is to drive the growth of the cryptocurrency market by removing the complexity that is still attached to it. Only bitcoin, Ethereum, and Paxos dollarpegged stablecoin, USDP, are supported by Picpay in its initial iteration. The company intends to list over 100 cryptocurrencies. Read More..

B2B Tech News | 2 years ago          

Mexico is thinking about investing $1.5 billion to increase internet connectivity nationally

Mexico is considering investing $1.50 billion to boost internet connectivity, President Andres Manuel Lopez Obrador said on Wednesday. He said million

Mexico is considering investing $1.50 billion to boost internet connectivity, President Andres Manuel Lopez Obrador said on Wednesday. He said millions of Mexicans still dont have access to cell phones or the Internet and new investment is needed.. About 66% of households in Mexico have internet access, according to IFT, the countrys telecommunications regulator.One in five indigenous people in Mexico still do not have access to any mobile service technology, according to a new report by the International Foundation for Indigenous People IFIP. In 2016, the government tasked a telecommunications company with developing a wholesale national mobile network that promised 92.2% coverage by January 2024. That deadline was later extended to 2028. The company filed for bankruptcy last year, prompting the state of Jalisco to bail it out and become its majority stakeholder. Read More..

B2B Tech News | 2 years ago          

Syrma SGS Technology IPO opens today should you subscribe?

On August 26, Syrma SGS Technology shares will make their market debut. The Chennaibased business offers services for electronic manufacturing. Throug

On August 26, Syrma SGS Technology shares will make their market debut. The Chennaibased business offers services for electronic manufacturing. Through the preIPO placement of 3.8 million shares at a price of Rs 290 each, it has already raised Rs 110 crore. At the upper end of the price range, a retail investor must invest a minimum of Rs 14,960 per lot. The stock is valued at Rs 220, or 50.7 times its FY22 EPS of Rs 4.34 based on fully diluted postissue equity. Read More..

B2B Tech News | 2 years ago          

Chinese Internet of Things technology presents a new threat to the West

The Internet of Things IoT has evolved from large industrial applications to ubiquitous use in homes, offices, and even some vehicles. These connected

The Internet of Things IoT has evolved from large industrial applications to ubiquitous use in homes, offices, and even some vehicles. These connected functions are enabled by tiny cellular IoT modules which can be used by a hostile state to influence, pressure, or threaten an adversary, company, or individual. Unlike semiconductors or 5G base stations, they are rarely marketed as complete products, which explains why the risk appears to have been lost on London and Washington. Hikvision and Dahua cameras are used in concentration camps throughout the Uyghur region of China. The two companies have contracts worth at least $1.2 billion for 11 separate largescale monitoring projects in the region. UKs Commissioner for the Retention and Use of Biometric Material and Surveillance Camera Commissioner welcomed the UKs move to replace the Chinese surveillance system. Read More..

B2B Tech News | 2 years ago          

BOM purchases an HPE disaster recovery system for $49 million.

The Bureau of Meteorology has bought a new $49.3 million supercomputer from Hewlett Packard Enterprise HPE to supplement its existing Cray XC40 superc

The Bureau of Meteorology has bought a new $49.3 million supercomputer from Hewlett Packard Enterprise HPE to supplement its existing Cray XC40 supercomputer. BOM began using the Cray in June 2016 to improve its weather modeling capability compared to a former Oracle/Sunbased HPC system. A midterm upgrade of the hardware will double the computing and storage capacity of the bureaus existing HPC by 2020. The Australian Bureau of Meteorology has awarded Hewlett Packard Enterprise a contract to continue to support its HighPerformance Computing HPC system, Australis, until the end of June 2025. The contract was worth $12 million when it was signed in 2012 but has been cut to just $25,276 after an amendment. Read More..

B2B Tech News | 2 years ago          

Flo by Saada is acquired by Kenyan conversational ecommerce startup Elloe.

Elloe is a firstofitskind AIpowered conversational commerce platform that enables SMEs to buy and sell products online on any messaging platform. Ello

Elloe is a firstofitskind AIpowered conversational commerce platform that enables SMEs to buy and sell products online on any messaging platform. Ello, founded by Owen Sagawa, raised $1 million in April. Clients include Telkom Kenya, Quick Bus, Oxfam, as well as retail, entertainment, hospitality and travel clients. Launched in 2019 by Gerishon Mwaniki, Flo by Saada enables SMEs to create conversational business solutions using USSD, Programmable SMS, Voice Control IVR and WhatsApp Business to Pay. Read More..

B2B Tech News | 2 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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