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Dispute Settlement Reform is a Priority, according to the WTO Director General.

Ngozi OkonjoIweala, the director general of the World Trade Organization, declared on Monday that modernising the organizations dispute resolution sys

Ngozi OkonjoIweala, the director general of the World Trade Organization, declared on Monday that modernising the organizations dispute resolution system is a priority for her term, which expires in 2025. Due to obstructions of adjudicator appointments during the Trump administration, the WTOs trade dispute arbitration mechanism has remained inactive for two years. The third round of negotiations between the United States and other nations to change the system will begin soon, with the goal of having it fully operational by the end of 2024. Read More..

B2B Tech News | 2 years ago          

Traders are alarmed by Lulas criticism of the Brazilian central bank.

The banks 3.25 percent inflation objective infuriates Lula, who claims it is too low by Brazilian standards. Lula thinks the bank is hurting the overa

The banks 3.25 percent inflation objective infuriates Lula, who claims it is too low by Brazilian standards. Lula thinks the bank is hurting the overall economy by delaying the reduction of rates, which are currently at 13.75 percent. Lets create use of the sharing options that are available through the share button located at the top or side of articles. However, his criticism of Campos Neto, a technocrat who is widely regarded, has already caused the market to tremble and investors to raise their inflation predictions. Future interest rates will increase, the dollar will weaken, and the stock market will drop. Read More..

B2B Tech News | 2 years ago          

Google will increase prebunking of false information in Europe.

In order to help individuals become more robust to the damaging impacts of internet disinformation, Google is launching a new campaign in Germany. Pre

In order to help individuals become more robust to the damaging impacts of internet disinformation, Google is launching a new campaign in Germany. Prebunking is a tactic that involves educating individuals on how to recognise bogus claims before they are presented with them. In Germany, the videos will show as adverts on Facebook, YouTube, or TikTok. A similar campaign is also being planned for India. Researchers and tech businesses are beginning to promote this method because it is both inexpensive and simple to produce and can reach millions of people when posted on wellknown platforms. By concentrating on the strategies that make viral misinformation so contagious, it ignores the political dilemma. Read More..

B2B Tech News | 2 years ago          

Funding for tech startups in Africa sets a new record.

The annual African Tech Startups Funding Report from Disrupt Africa shows that for the first time ever, tech funding on the continent has surpassed $3

The annual African Tech Startups Funding Report from Disrupt Africa shows that for the first time ever, tech funding on the continent has surpassed $3 billion. The paper issues a warning that quantifying this type of finance is not an exact science because there is disagreement over what constitutes a African startup. Tracking data from just one source of startup funding over time, however, reveals the astonishing expansion of the African startup industry, with the number of firms expanding by 406% and investment raised by nearly 1,700%. With 43.4% of all the money that the continents businesses have raised going towards capital, fintech continues to rule. Other important industries showed growth as well, including ecommerce, ehealth, logistics, edtech, energy, agritech, and transport. Read More..

B2B Tech News | 2 years ago          

What is known about Pentagon efforts to investigate unidentified aerial phenomena and UFOs.

The White House says it will discuss unidentified aircraft phenomena with its partners while the hunt for three enigmatic objects shot down over Canad

The White House says it will discuss unidentified aircraft phenomena with its partners while the hunt for three enigmatic objects shot down over Canada and the US continues. White House national security council spokesman John Kirby told reporters on Monday that these mysterious airborne phenomena have been observed for many years, without explanation or thorough review by the government. Unidentified aerial phenomenon, or UAP for short, is the name given to what are more frequently referred to as unidentified flying objects, or UFOs, in official contexts. U.S. intelligence officers detailed recent sightings of U.S. military aircraft, including UAP that looked to manoeuver abruptly, or move at high speed, without obvious means of propulsion, in a report that made headlines in June 2021. Read More..

B2B Tech News | 2 years ago          

The EU formally bans the sale of gas and diesel vehicles starting in 2035.

In an effort to hasten the switch to electric vehicles, the European Parliament has approved a rule that will forbid the sale of new gas and diesel ca

In an effort to hasten the switch to electric vehicles, the European Parliament has approved a rule that will forbid the sale of new gas and diesel cars in the European Union beginning in 2035. The new rule prohibits the sale of any new fossil fuelpowered automobiles in the 27country bloc because it requires a 100% reduction in carbon dioxide emissions from newly purchased vehicles. However, since the regulation was first proposed in July 2021, a few automakers, business leaders, and nations have voiced their opposition to the EU. The final agreement, which was approved on Tuesday, contains flexibility, including a provision allowing small automakers who produce fewer than 10,000 vehicles annually to bargain for softer standards until 2036. Read More..

B2B Tech News | 2 years ago          

Australia needs to hire thousands more technology professionals.

Kate Pounder, CEO of the Technology Council of Australia, issued a warning that legislative reforms and financing efforts will be necessary to support

Kate Pounder, CEO of the Technology Council of Australia, issued a warning that legislative reforms and financing efforts will be necessary to support the business as it was not moving forward quickly enough. By 2030, Australia would have more than 180,000 jobs short, she warned, if nothing was done. Despite the low number of graduates, she said that over the previous ten years, technology positions in Australia have doubled and will increase by 9% to more than 900,000 in the year ending in November 2022. Jobs increased despite huge layoffs in the tech industry, including significant job losses at Twitter, Facebook, and Google, which also reduced positions for local employees. Read More..

B2B Tech News | 2 years ago          

With its software tool, Korean company Portlogics makes international shipping simpler for businesses.

Portlogics, a South Korean digital freight forwarder that provides a forwarding management system based on robotic process automation, wants to help m

Portlogics, a South Korean digital freight forwarder that provides a forwarding management system based on robotic process automation, wants to help merchants track international shipping logistics and receive shipment status updates by digitising the process with its software tool. With this kind of traction, the Korean startup has received $1.6 million 2 billion won in preSeries A funding from investors such as K2G Fund and strategic investor GS Global, which is owned by Korean conglomerate GS Holdings. Choi explained that the startup also intends to implement artificial intelligence and machine learning to make sense of the data the company has been collecting and better equip it to estimate ebooking and shipping costs. 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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