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At its meeting, the Volkswagen board talks about two new plants in North America, according to sources.

Volkswagens supervisory board will meet to discuss plans for two new North American factories, one for production and one for battery cells. The commi

Volkswagens supervisory board will meet to discuss plans for two new North American factories, one for production and one for battery cells. The committee is expected to approve a Scout brand site in the United States, but discussions about a gigafactory remain open. Earlier this week, a person familiar with the situation said the supervisory board would discuss a new plant for the Scout brand, which is an important part of Volkswagens goal of gaining a 10% market share in the United States. In December, Volkswagen CEO Oliver Blume announced that the automaker had begun looking for a location in North America for a battery cell factory. Read More..

B2B Tech News | 15 days ago          

Ford establishes a new division to develop driving technology with some autonomy.

Ford Motor is forming a new unit to focus on semiautonomous features and is hiring roughly onequarter of the workforce from its former selfdriving aff

Ford Motor is forming a new unit to focus on semiautonomous features and is hiring roughly onequarter of the workforce from its former selfdriving affiliate Argo AI. The wholly owned subsidiary, Latitude AI, will be based in Pittsburgh and will focus on developing a handsfree, eyesofftheroad automated driving system for millions of vehicles. Workers will concentrate on technology such as BlueCruise, the automakers handsfree driving feature that has logged more than 50 million miles of use. Ford and Volkswagen abandoned Argo after determining that it would take too long to see a return on their billions of dollars invested in the selfdriving startup. Argo employed over 2,000 people as of July of last year. Read More..

B2B Tech News | 15 days ago          

In order to ensure contract compliance, Profectus partners with Transport for NSW.

Profectus Group, a technologydriven compliance and recovery solutions provider, has signed an agreement with Transport for NSW New South Wales to assi

Profectus Group, a technologydriven compliance and recovery solutions provider, has signed an agreement with Transport for NSW New South Wales to assist the organisation in streamlining the compliance of complex supplier contracts. The agreement includes an initial plan for 20 of TfNSWs largest suppliers to verify contract compliance. Profectus is the industry leader in automated compliance, audit, and recovery solutions, with over 20 years of experience providing audit services and compliance technologies to global and large organisations. The payperclaim audit model ensures ROI for clients while also preventing financial erosion. Contract and invoice compliance audit solutions use data sources, supplier agreements, and rate cards to identify errors, duplicates, and overpayments. Accounts payable compliance technology is a platform for invoice intelligence. Read More..

B2B Tech News | 15 days ago          

For the CBDC pilot program in Australia, RBA has released use cases.

The Reserve Bank of Australia RBA has announced a research collaboration with the Digital Financial Cooperative Research Centre DFCRC to investigate p

The Reserve Bank of Australia RBA has announced a research collaboration with the Digital Financial Cooperative Research Centre DFCRC to investigate potential CBDC use cases in Australia. The project will include selected industry participants and will investigate several use cases in a limitedscale pilot CBDC that is a genuine digital claim on the Reserve Bank. Corporate bond settlement, tokenised foreign exchange settlement, GST automation, CBDC custodial models, livestock auction, high quality liquid assets securities trading, interoperable CBDC for trusted web3 commerce, funds custody, construction payments, and tokenised bills are among the use cases. The pilot and larger research study will serve two purposes it will help industry gain handson experience, and it will help policymakers understand how a CBDC could work. Read More..

B2B Tech News | 15 days ago          

With a licensing offer, Microsoft is poised to secure EU approval for Activision.

Microsoft Corp is expected to secure EU antitrust approval for its $69 billion acquisition of Activision by offering licencing deals to competitors, a

Microsoft Corp is expected to secure EU antitrust approval for its $69 billion acquisition of Activision by offering licencing deals to competitors, according to three people familiar with the matter. Microsoft President Brad Smith said last month that the company was ready to offer rivals licencing deals to address antitrust concerns, but that it would not sell Activisions lucrative Call of Duty franchise. Microsoft has signed 10year licencing deals with Nintendo and Nvidia to bring Call of Duty to their respective gaming platforms, with the agreements contingent on the Activision deal being approved. The deal faces regulatory challenges in the United Kingdom, where the UK Competition Commission has suggested that Microsoft divest Call of Duty, and in the United States, where the FTC has requested that Microsoft divest Call of Duty. Read More..

B2B Tech News | 15 days ago          

Asias stock markets are rising as a private survey reveals a sharp recovery in Chinas services.

After Atlanta Fed President Raphael Bostic said hes firmly in favour of sticking with quarterpoint hikes, AsiaPacific markets mostly rose on Friday, f

After Atlanta Fed President Raphael Bostic said hes firmly in favour of sticking with quarterpoint hikes, AsiaPacific markets mostly rose on Friday, following Wall Streets gains overnight. The Chinese services sector saw an increase in activity, with a Caixin/S&P Global services purchasing managers index reading of 55 in February, up from 52.9 in January. The Hang Seng index in Hong Kong gained 0.78% in the final hour of trading, while the Hang Seng Tech index gained 2.21%. In mainland China, the Shenzhen Component rose marginally to 11,851.91 and the Shanghai Composite rose 0.54% to 3,328.39. In Japan, the Nikkei 225 rose 1.56% to 27,927.47, leading gains in the region, while the Topix rose 1.25% to 2,019.52. Read More..

B2B Tech News | 15 days ago          

The IDC Cloud and Datacenter Roadshow is returning to South Africa and will discuss sustainability in the digital age.

The 15th annual IDC Cloud & Datacenter Roadshow will focus on the current state of the South African cloud market, with a particular emphasis on cloud

The 15th annual IDC Cloud & Datacenter Roadshow will focus on the current state of the South African cloud market, with a particular emphasis on cloud management, security, governance, orchestration, sustainability, and customer engagement. Organizations are increasingly investing in infrastructure transformation capabilities to ensure business continuity and to implement transformational IT strategies. IDC is the worlds leading provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With over 1,300 analysts worldwide, IDC provides global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC maintains a coordinated network of offices in Riyadh, Nairobi, Lagos, Johannesburg, Cairo, and Istanbul in the Middle East, Turkey, and Africa region. Read More..

B2B Tech News | 15 days ago          

The US and Australia are working harder to transfer AUKUS technologies more quickly.

According to Australias ambassador to the US, Arthur Sinodinos, the two countries have increased efforts to lift US technology export restrictions tha

According to Australias ambassador to the US, Arthur Sinodinos, the two countries have increased efforts to lift US technology export restrictions that could derail the AUKUS agreement and stymie Australias push for nuclearpowered submarines. The US has committed to sharing nuclear propulsion technology with Australia under the tripartite agreement, but US defence technology remains tightly controlled under International Traffic in Arms regulations and other restrictions. Australia has assured the US of its informationsecurity measures, and the Biden administration and the US Congress are aware that defence transfer restrictions must be removed for AUKUS to function effectively. Australian officials have publicly acknowledged that cumbersome bureaucratic hurdles in all three countries could jeopardise AUKUS cooperation, particularly in the second pillar talks on highlevel defence technology. Mr Sinodinos Read More..

B2B Tech News | 15 days 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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