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To put pressure on Russias war machine, the EU focuses on technology sanctions and Iranian drones.

In response to the conflict in Ukraine, the executive branch of the EU has suggested fresh sanctions on Russias war machine that would restrict acce

In response to the conflict in Ukraine, the executive branch of the EU has suggested fresh sanctions on Russias war machine that would restrict access to military hardware and target Irans drone manufacturers. The head of the European Commission expressed her hope that the 27 EU members will ratify the €11 billion $11.8 billion plan, which would bar all tech items found on the battlefield. As the year anniversary of its invasion on February 24 approaches, Russia has stepped up its ground attacks across southern and eastern Ukraine, and a significant new onslaught appears to be imminent. The EU has supported providing Ukraine with military support and thinks that its sanctions will hinder Russias objectives. Unprecedented sanctions on Russia have been imposed by the EU in nine waves. Read More..

B2B Tech News | 7 months ago          

Naked, a South African insurtech company, receives a $17 million investment from IFC.

Naked Insurance, a South African insurtech business that assists customers in insuring their vehicles, homes, and valuables, has raised $17 million in

Naked Insurance, a South African insurtech business that assists customers in insuring their vehicles, homes, and valuables, has raised $17 million in Series B funding, led by the International Finance Corporation IFC. The German Development Finance Institution DEG and prior investors Yellowwoods and Hollard participated in the round with enthusiasm. Naked will be able to use the funding to develop its AI and expand the insurance market in Africa, which currently accounts for over $68 billion in annual gross written premiums. The company uses artificial intelligence to develop new customer processes and experiences without involving a contact centre agent, enabling businesses to realise significant cost savings from automation and pass them along to customers through lower premiums. The funding round will expedite the startups growth plans, including growing Read More..

B2B Tech News | 7 months ago          

EndtoEnd AMR solutions are now available in North America thanks to ForwardX Robotics.

The largest autonomous mobile robot AMR provider in Asia, ForwardX Robotics, a global provider of warehouse automation solutions, has announced the op

The largest autonomous mobile robot AMR provider in Asia, ForwardX Robotics, a global provider of warehouse automation solutions, has announced the opening of an office in the United States and the expansion of its business into the North American market. ForwardX Robotics creates fleet management software, autonomous robots, and persontogoods integration for warehouse automation. AMRs are used for order picking in distribution centres, manufacturing facilities and retail stores. To support operations in North America, ForwardX will launch its cuttingedge experience centre in Chicago in May 2023. ForwardX takes pride in assisting supply chain managers in achieving higher levels of productivity, improved safety, and supply chain visibility. Read More..

B2B Tech News | 7 months ago          

Investing €3.75 billion into venture capital funds will help businesses expand.

The EU has established a €3.75 billion fund of funds to invest in Europes most promising technology companies. The European Tech Champions Initiativ

The EU has established a €3.75 billion fund of funds to invest in Europes most promising technology companies. The European Tech Champions Initiative ETCI will invest public funds provided by the EIB and five EU member states in venture capital funds that will support companies in their latestage growth phase. Building on the PanEuropean Scale Up Initiative, this is Europes latest attempt to help its companies compete on a global scale. France, along with Germany and Spain, has pledged to contribute €1 billion to the fund of funds, according to French Finance Minister Bruno Le Maire. He emphasised a competitive tech industry as critical to Europes ambition to create a green economy and mitigate the impact of climate change. Read More..

B2B Tech News | 7 months ago          

Zendesk looks into the evolving nature of the customer experience.

Immersive experiences are essential for brands to remain competitive and keep customers, according to Zendesks CX Trends Report. The key elements that

Immersive experiences are essential for brands to remain competitive and keep customers, according to Zendesks CX Trends Report. The key elements that businesses need to deliver immersive experiences, which will shape the future of CX, are AI, conversational experiences, personalization, customer wellbeing and sentiment, and integrated teams. Eighty percent of Australian managers and leaders concur that delivering superior customer service during a recession becomes a top priority. Read More..

B2B Tech News | 7 months ago          

According to analysts, the APT group, which has ties to India, targeted Asian governments with phishing attacks.

Between June and November 2021, SideWinder, a suspected Indianorigin Advanced Persistent Threat APT, targeted 61 government, military, law enforcement

Between June and November 2021, SideWinder, a suspected Indianorigin Advanced Persistent Threat APT, targeted 61 government, military, law enforcement, and other organisations across Asia. The organisation is thought to be one of the oldest nationstate groups, having been active since at least 2012. Its initial attack vector is spear phishing, which involves sending phishing emails to victims that contain malicious attachments or URLs. Furthermore, the group was discovered to be behind phishing projects impersonating cryptocurrency companies, which is linked to recent attempts to regulate the crypto markets in India. GroupIB waited to share information about SideWinder APT to ensure it could enlist the entire SideWinder arsenal, retrieve data from backups, and reverse engineer the tools used by the group. Read More..

B2B Tech News | 7 months ago          

Machu Picchu is reopened by Peru following a settlement with protesters.

Machu Picchu, a stone citadel built by the Incas in Peru, reopened on Wednesday after being shut down for over a month as a result of antigovernment d

Machu Picchu, a stone citadel built by the Incas in Peru, reopened on Wednesday after being shut down for over a month as a result of antigovernment demonstrations. In order to ensure the security of the renowned tourist destination and transportation services, agreements were negotiated between the authorities, social organisations, and the local tourism business. Sixty people have died as a result of the protests, including one police officer who was slain when his patrol car was set on fire and 48 citizens who were killed in conflicts with security personnel. Because to the shutdown, the government was compelled to fly more than 400 tourists to Cusco. The Incas constructed Machu Picchu in the 15th century as a sacred site in the Andes Mountains. Read More..

B2B Tech News | 7 months ago          

Vertiv introduces a new product to support data center energy efficiency.

The improved Vertiv Liebert Air Handling Unit AHU, a highcapacity chilled water cooling solution made to serve highly dense computing environments, ha

The improved Vertiv Liebert Air Handling Unit AHU, a highcapacity chilled water cooling solution made to serve highly dense computing environments, has been introduced by Vertiv. It is now offered in the Australia, New Zealand, Southeast Asia, and India ASI region and has a standard unit capacity of 300kW. It operates at greater return air temperature and with higher chilled water temperature, enhancing chiller efficiency. It uses water or airside economies and highefficiency EC fans. It is intended to meet the strictest fan efficiency requirements, up to 0.2 W/CMH. The Vertiv Liebert AHU is an easytoadapt cooling solution that has a smaller unit depth, is placed modularly, and doesnt require raised floors. Read More..

B2B Tech News | 7 months ago          



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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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