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Europe wants to harness the power of the sun… from space

Europe has pledged to achieve net zero emissions by 2050. However, relying solely on existing renewable energy sources will not suffice. The European

Europe has pledged to achieve net zero emissions by 2050. However, relying solely on existing renewable energy sources will not suffice. The European Space Agency is looking for new technological options. Solar electricity transferred wirelessly from space to Earth, often known as spacebased solar power, could be one of these. The ESAs Solaris initiative will assist Europe in making a final choice on the potential full development of spacebased solar power in 2025. A single solar power satellite of the projected size would produce around 2GW of power. That is equivalent to a typical nuclear power plant powering over one million residences. Read More..

B2B Tech News | 2 years ago          

Deloitte unveils Australias fastest growing tech companies, beating odds of hitting 18year record

Deloittes Technology Fast 50 selected Montu as one of the fastest growing startups. Over the three years to 2022, it increased income by a whopping 20

Deloittes Technology Fast 50 selected Montu as one of the fastest growing startups. Over the three years to 2022, it increased income by a whopping 20,728 percent. This is the fastest growth rate of any IT business on the list since 2004. The Deloitte Technology Fast 50 recognises Australias 50 fastestgrowing public and private technology companies. The list is based on a threeyear total revenue of $8 million. 15 organisations in this years cohort had more than $50 million in revenue over three years. Read More..

B2B Tech News | 2 years ago          

Asias richest man Gautam Adani reveals global media ambitions

Gautam Adani aims to develop a worldwide news brand, demonstrating Asias richest mans growing power and international ambition. The porttopower conglo

Gautam Adani aims to develop a worldwide news brand, demonstrating Asias richest mans growing power and international ambition. The porttopower conglomerate is expanding internationally and into the media and consumer sectors. He claimed that the expense of establishing a multinational media conglomerate would be negligible. According to Forbes, Indian entrepreneur Adanis fortune is now worth $136 billion. He competes for worldwide fortune with tech tycoon Elon Musk and luxury tycoon Bernard Arnault. Adani has broadened his business operations to become Indias largest private infrastructure player. Read More..

B2B Tech News | 2 years ago          

According to the Chinese regulator, Tesla is recalling more than 80,000 cars

Due to software issues with the battery management system, the U.S.based electric car manufacturer has recalled 67,698 Model S and Model X vehicles sh

Due to software issues with the battery management system, the U.S.based electric car manufacturer has recalled 67,698 Model S and Model X vehicles shipped to China between September 25, 2013 and November 21, 2020. According to Tesla, this was caused by potentially flawed seat belt installation, which it will inspect and fix. Tesla recalled 127,785 units of its Model 3 vehicles in China in April due to potential collision risks with semiconductor components. Chinas market regulator announced on Thursday that Tesla TSLA.O will recall a total of 127,785 units of its Model 3 vehicles due to potential collisioncausing defects in semiconductor components. Read More..

B2B Tech News | 2 years ago          

Could a peace deal boost Ethiopias economy?

A peace agreement between Ethiopia and the Tigray rebels was concluded after two years of fierce fighting and economic destruction. Addis Abebas GDP d

A peace agreement between Ethiopia and the Tigray rebels was concluded after two years of fierce fighting and economic destruction. Addis Abebas GDP decreased from 9% in 2019 to 6.1% in 2020 and 6.2% in 2021 due to the conflict and epidemic. In 2022, the IMF expects growth to be only 3.8%. T he nation is struggling with rising debt and has turned to its creditors for help. Overall, Ethiopias reputation as a top destination for FDI and its years of doubledigit growth have suffered because to the conflict. Zemedeneh Negatu, chairman of the Fairfax Africa Fund, joins the programme to discuss the business potential that the conflicts resolution presents for Ethiopia. Read More..

B2B Tech News | 2 years ago          

Confectionery entrepreneur hits the sugarfree sweet spot with FUNDAY

During his teenage years, Kitay selfdescribed as a larger guy and frequently indulged in tuckshop favourites like lollipops, candies, and soft bever

During his teenage years, Kitay selfdescribed as a larger guy and frequently indulged in tuckshop favourites like lollipops, candies, and soft beverages. While attending college, he could have shed up to 25 kg, but he discovered that his diet had become entirely devoid of anything enjoyable. Ben Kitay founded the candy company FunDAY after quitting his position as an executive at ByHealth Co. The first sugarfree, sugaralcoholfree, and nevertheless delectable confections to be made accessible in Australia are currently FUNDAYs goods. Read More..

B2B Tech News | 2 years ago          

Digital Prosperity for Asia is launched in India to unlock the unrealized potential of the digital economy

In September 2022, the Digital Prosperity for Asia Coalition DPA was established. The alliance is the first panAsian Pacific partnership formed by APA

In September 2022, the Digital Prosperity for Asia Coalition DPA was established. The alliance is the first panAsian Pacific partnership formed by APAC companies. India currently has 825.3 million Internet members, with 99% of urban India online. The overall digital economy of APAC11 is presently valued at $586 billion USD. By 2030, APAC economies might acquire more than $2.2 trillion for their digital economy. The concept of Digital Prosperity combines the advantages of flexible legislation, extensive access to global digital technologies, and homegrown talents and skills. Read More..

B2B Tech News | 2 years ago          

Sonata Software benefits from a multiyear contract

Sonata Software increased 1.48% to Rs 533.15 after the business disclosed that Global Cloud Xchange, which has its headquarters in Bermuda, had awarde

Sonata Software increased 1.48% to Rs 533.15 after the business disclosed that Global Cloud Xchange, which has its headquarters in Bermuda, had awarded it a multimillion dollar, multiyear contract GCX. Highbandwidth connectivity as well as international managed network services, such as managed ICT, cyber security, and UCaaS solutions, are offered by GCX. From North America to Asia, its 66,000 km of cables pass through 46 nations, having a prominent presence on the EuropeAsia and intraAsia routes. Read More..

B2B Tech News | 2 years 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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