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Africa focuses on sustainable tourism

The largest yearly event in the world devoted to ethical tourism is the World Travel Market. The South African Tourism Boards Nomasonto Ndlovu, Direct

The largest yearly event in the world devoted to ethical tourism is the World Travel Market. The South African Tourism Boards Nomasonto Ndlovu, Director of Operations, is taking part in the threeday conference in Abidjan. The Africa Investment Forum was held concurrently with the UN Climate Change Conference. Read More..

B2B Tech News | 2 years ago          

Australian screenplay spend breaks records again, reaching $ 2.29 billion

The 32nd annual Drama Report from Screen Australia was published today. Spending records on Australian theatrical films, subscription TV shows, and

The 32nd annual Drama Report from Screen Australia was published today. Spending records on Australian theatrical films, subscription TV shows, and titles for ondemand video have propelled the increase. Results come after $1.9 billion was spent on drama productions in Australia during the 2020–21 year. According to Aussie Media Networks CEO Craig Mason, spending on Australian childrens content has decreased from previous highs. The CEO remarked that the strong demand for local content on streaming platforms was encouraging. Despite this, a lot of excellent programmes entered production over the previous 12 months. Read More..

B2B Tech News | 2 years ago          

Hong Kong stocks rise more than 7% after China eases quarantine period

As Chinese official media announced that Covid travel restrictions will be loosened, Hong Kong stocks increased by more than 7%. Following the publica

As Chinese official media announced that Covid travel restrictions will be loosened, Hong Kong stocks increased by more than 7%. Following the publication of U.S. inflation figures in October, which gave investors faith that inflation had peaked, shares in the AsiaPacific region also increased. The Shenzhen Component in mainland China increased by 2.112% to close at 11,139.77, and the Shanghai Composite increased by 1.69% to reach 3,087.29. Read More..

B2B Tech News | 2 years ago          

Chipmaking juggernaut TSMC plans billiondollar factory expansion in Arizona

Taiwan Semiconductor Manufacturing Co. is getting ready to invest billions of dollars in yet another factory in Arizona. The new TSMC plant would prod

Taiwan Semiconductor Manufacturing Co. is getting ready to invest billions of dollars in yet another factory in Arizona. The new TSMC plant would produce 3nanometer transistors. It is anticipated that the investment will be about the same size as the $12 billion it pledged two years ago. According to TSMC, a ceremony will be held in Arizona in December to officially inaugurate the chip plant it first announced two years ago by installing the first batch of production machinery. Incentives are being implemented by European nations in an effort to double their portion of world output to 20% by 2030. Read More..

B2B Tech News | 2 years ago          

Origin Energy Receives $18.4 Billion Tender Offer From BrookfieldLed Consortium

MidOcean Energy of EIG is in charge of managing the consortium, which is led by asset management Brookfield. The most recent offer represents a signif

MidOcean Energy of EIG is in charge of managing the consortium, which is led by asset management Brookfield. The most recent offer represents a significant increase over past offers to buy Origin for $7.95 in cash per share. Additionally, it symbolises Brookfields ongoing efforts to establish itself in the Australian energy sector. Tamboran B1 Pty Ltd has purchased Origin Energys share of the Beetaloo Basin gas project. For its 77.5 percent ownership in the JV, the company got net profits of $60 million along with a royalty arrangement covering future production for the duration of the field. Read More..

B2B Tech News | 2 years ago          

Growth of ETFs in Europe is attracting new white label providers

Whitelabel suppliers of exchangetraded funds enter the European market. It is a symptom of the growing acceptance of the ETF wrapper among investors,

Whitelabel suppliers of exchangetraded funds enter the European market. It is a symptom of the growing acceptance of the ETF wrapper among investors, according to a Morningstar analyst. Since HANetf has held the lead position in Europe for a considerable amount of time, some competition had to emerge eventually. Larger asset managers who may only wish to test the ETF waters before committing internally to establishing their own business can also use whitelabel businesses. Read More..

B2B Tech News | 2 years ago          

The US plan to leverage companies for green finance is met with resistance

The United States is attempting to make it simpler for businesses to send money to underdeveloped nations. If private companies reduced their carbon e

The United States is attempting to make it simpler for businesses to send money to underdeveloped nations. If private companies reduced their carbon emissions to net zero, they would receive credits. The idea is opposed by environmental organisations and climate experts who claim it would give polluters a free pass to continue polluting. Verified greenhouse gas reductions would result from the scheme, which could then be traded as carbon credits. The market for carbon credits has grown to be worth billions of dollars to businesses, governments, and people. However, because there is no assurance that they would deliver, they have also grown to be a contentious topic among environmental campaigners. Read More..

B2B Tech News | 2 years ago          

Meta lays off more than 11,000 employees read Zuckerbergs letter announcing the cuts

Meta, the parent company of Facebook, will let go 13% of its workforce, or more than 11,000 workers. CEO Mark Zuckerberg Ive chosen to cut our team s

Meta, the parent company of Facebook, will let go 13% of its workforce, or more than 11,000 workers. CEO Mark Zuckerberg Ive chosen to cut our team size by around 13%. In the third quarter, the companys total sales decreased 4% to $27.71 billion. The business that develops virtual reality and augmented reality anticipates losing $9.4 billion in 2022. Zuckerberg Over the next year, most teams will remain unchanged or even contract. However, few teams will experience considerable growth. 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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