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Consumer IT spending continues to decline amid fears of a recession in AsiaPacific

The consumer IT spending in the AsiaPacific region is set to further slide in 2023, depending on the severity of the economic slowdown, according to a

The consumer IT spending in the AsiaPacific region is set to further slide in 2023, depending on the severity of the economic slowdown, according to an IDC report. One in two businesses in the region expect inflationdriven IT cost price increases to impact their spending plans for the rest of 2022, says Vinay Gupta, research director, IT Spending Guides , IDC Asia/Pacific. Read More..

B2B Tech News | 3 years ago          

Eutelsat’s OneWeb deal is Macron’s satellite dream

Eutelsat Communications has floated a potential acquisition of satellite rival OneWeb worth more than $3 billion. The acquisition would be the latest

Eutelsat Communications has floated a potential acquisition of satellite rival OneWeb worth more than $3 billion. The acquisition would be the latest merger in a race of companies and governments to deliver fast connectivity via loworbit satellites. Founded in 2012, OneWeb collapsed in 2020 when major investors withdrew their money during the height of the coronavirus pandemic.OneWeb and Eutelsat are set to be merged in a deal that would create the worlds biggest geostationary satellite company. In November, US firm Viasat agreed to purchase Londonbased Inmarsat Group for $ 4 billion. OneWeb and Eutelsat are set to merge in a deal that would see the UKbased company using SpaceX to launch satellites after Russia blocked deployments with French rocket company Arianespace. OneWeb currently has a joint venture with Airbus, partowned by France and Germany to manufacture satellites in Florida. Read More..

B2B Tech News | 3 years ago          

Artificial intelligence can monitor workplaces for security breaches. Experts say privacy laws are lagging behind

Artificial intelligence, which uses cameras to monitor workplace health and safety breaches, has raised concerns about the culture of surveillance. A

Artificial intelligence, which uses cameras to monitor workplace health and safety breaches, has raised concerns about the culture of surveillance. A company called Intenseeye reports that it has several Australian customers for the new technology. The Office of the Australian Information Commissioner is aware of the increasing use of technology, including AI, to monitor behavior in the workplace. The company has developed a system that hides the human image from the video image to provide employers with only missing images. Lemon said the company was aware of its obligations to protect the privacy of its employees and sought legal advice. Australias surveillance laws lack the tools to effectively regulate the use of AI. Read More..

B2B Tech News | 3 years ago          

The moon could become the pit stop for space

The moon could become a springboard for humans to travel to other parts of the solar system by 2069. This month marks the 100th anniversary of the fir

The moon could become a springboard for humans to travel to other parts of the solar system by 2069. This month marks the 100th anniversary of the first moon landing. Scientists are trying to calculate whether it is possible to put a space station into orbit around the moon, to send humans to Mars. The Artemis missions focus on building a coalition to send humans back to the moon, this time to stay. Once science fiction stuff, it could now become a reality, says Dr. Webb. A rocket ride will cost as much as a roundtheworld ticket. Read More..

B2B Tech News | 3 years ago          

Know the Benefits and Drawbacks of the New Technology with Web 3.0

Web 3 has led to various innovations and a number of realworld problemsolving solutions. The true potential cannot be realized until the new technolog

Web 3 has led to various innovations and a number of realworld problemsolving solutions. The true potential cannot be realized until the new technology is fully integrated into the web infrastructure. Web 3 technology can also eliminate middlemen, allowing sellers as well as customers to interact directly. As more people invest in cryptocurrency, they would want to use it for the full range of transactions that are currently allowed, such as lending and borrowing. Web 3 has the potential to decentralize the business world by allowing community ownership of companies.This leads to an increase in cybercrime and internet abuse. According to some experts, Web 3 will be difficult to regulate. It is constantly moving towards a DAO infrastructure where community users are in control. Read More..

B2B Tech News | 3 years ago          

As a privacy watchdog looks into it, Bunnings and Kmart stop using facial recognition technology in their stores

Kmart and Bunnings have suspended the use of facial recognition technology in their stores amid an investigation from Australias privacy regulator. Th

Kmart and Bunnings have suspended the use of facial recognition technology in their stores amid an investigation from Australias privacy regulator. The technology captures images of peoples faces from video cameras as a unique faceprint that is then stored. The companies say it is a move to protect customers and staff and reduce theft. Seventeen retail chains have told Choice this week they dont use the technology in their stores and have no plans to introduce it. These include Woolworths, Coles, Aldi, Target, Big W, Myer, David Jones, Dan Murphys, BWS, Vintage Cellars, Liquorland, Rebel, and Officeworks. The company behind the trial, The Good Guys, suspended its use of the technology after initial inquiries from the OAIC. Read More..

B2B Tech News | 3 years ago          

China launches the second space station module

The Wentian Lab module was launched from the Wenchang Space Launch Center in southern Hainan Island. The 23ton Wentian is one of three modules needed

The Wentian Lab module was launched from the Wenchang Space Launch Center in southern Hainan Island. The 23ton Wentian is one of three modules needed to complete an orbiting outpost by the end of this year. The completion of the structure, which is onefifth the size of the International Space Station ISS, is a source of pride for ordinary Chinese and will end President Xi Jinpings tenyear tenure as leader of the Chinese Communist Party. The 17.9 m 59 ft long Wentian Laboratory Module is a space for astronauts to conduct scientific experiments, along with another yettobelaunched laboratory module, Mengtian Dreaming of the Sky. Read More..

B2B Tech News | 3 years ago          

The company was the first Australian company to send technology to the moon

Advanced Navigation will be the first Australian company to deploy technology on the moon. The technology will use lowpower laser sensors to detect sp

Advanced Navigation will be the first Australian company to deploy technology on the moon. The technology will use lowpower laser sensors to detect spacecraft objects, such as the moon, and will be integrated into future rocket launches. Launched 32 minutes after the launch of the Space X Falcon 9 rocket. We are very fortunate to be the first Australian company to land on the moon, Orr said. The technology has attracted the attention of the American company Intuitive Machines, which is currently negotiating a contract with NASA to launch hardware on the Moon. 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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