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COP27 IMF calls for smart climate investments in Africa

The managing director of the International Monetary Fund stated on Tuesday that investing in the lowcarbon economy can generate jobs and that climate

The managing director of the International Monetary Fund stated on Tuesday that investing in the lowcarbon economy can generate jobs and that climate change can present great prospects for the African private sector. Climaterelated catastrophes including droughts, floods, and coastal erosion have a disproportionately negative impact on Africa, according to Kristalina Georgieva. Speaking in Egypt, which is hosting the COP 27 climate summit, Georgieva claimed that doing this increases the risk of famine, causes hunger, and even creates insecurity for the continent and the rest of the globe as well. Read More..

B2B Tech News | 2 years ago          

Hacker starts leaking details of Medibank customers

A hacker who stole customer data has started posting files on a dark web site, according to private health insurance Medibank, which made the discover

A hacker who stole customer data has started posting files on a dark web site, according to private health insurance Medibank, which made the discovery today. Information about ahm customers personal characteristics, such as names, addresses, dates of birth, phone numbers, and Medicare numbers, but without the expiration dates. Customers of Medibank have been urged not to read emails from unfamiliar or dubious sources and to routinely update their passwords and use strong passwords. Cheaters, liars, and thieves use the internet. According to Minister for Home Affairs Clare ONeil, paying them merely supports the ransomware business model. Read More..

B2B Tech News | 2 years ago          

Ithaca Energy shares fall after Britains biggest IPO this year

After the North Sea oil and gas producer braved choppy markets to deliver Britains largest initial public offering IPO this year, UK Ithaca Energy sha

After the North Sea oil and gas producer braved choppy markets to deliver Britains largest initial public offering IPO this year, UK Ithaca Energy shares fell on their London debut on Wednesday. The shares initially traded at 2% below the issue price of 250 pence per share and momentarily dropped as much as 4% to a low of 240.05 pence before climbing back up to 246.35 pence. The panEuropean STOXX 600 .STOXX was down 0.09% at the same time. Read More..

B2B Tech News | 2 years ago          

Victory Offices appoints volunteer directors but maintains company solvency

The ASXlisted Victory Offices VOL has voluntarily went into administration. The corporation attributes its demise to COVID19s effects on its business

The ASXlisted Victory Offices VOL has voluntarily went into administration. The corporation attributes its demise to COVID19s effects on its business operations. Although the corporation insists that it is currently solvent, it warns that it is likely to go insolvent at some point in the future. In July 2021, three offices were also closed to the company on suspicion of overdue rent and related interest. Read More..

B2B Tech News | 2 years ago          

Vaxxas in Brisbane to initiate clinical trials for needlefree COVID vaccine technology

Vaxxas, a Brisbanebased needlefree vaccine patch pioneer, has announced the start of a Phase I clinical trial of its technology to inoculate against C

Vaxxas, a Brisbanebased needlefree vaccine patch pioneer, has announced the start of a Phase I clinical trial of its technology to inoculate against COVID19. The clinical trial of its proprietary highdensity microarray patch HDMAP technology will take place at the University of Sunshine Coasts Sippy Downs clinical research facility, marking a significant milestone for the research firm. Vvaccxas will seek regulatory approval to make the vaccine patch available as early as 2025 if the clinical study and subsequent Phase II and III studies are successful. Read More..

B2B Tech News | 2 years ago          

SES chooses Arianespace to launch the EAGLE1 satellite for European quantum cryptography

An endtoend Quantum Key Distribution QKD system based on satellites will be designed, developed, launched, and operated by SES and partners. The EAGLE

An endtoend Quantum Key Distribution QKD system based on satellites will be designed, developed, launched, and operated by SES and partners. The EAGLE1 satellite will give EU Member States early access to, validation of, and integration of spacebased QKD. In the past 38 years, Arianespace has launched 42 satellites for SES. The new European light launcher, Vega C, entered its operational phase on July 13 after completing its first flight safely. Arianespace is now in charge of this phase. A wider fairing and stronger first and second stage Solid Rocket Motors have been added to the updated Vega C. Read More..

B2B Tech News | 2 years ago          

Mytraffic completes a fundraising of 30 million euros for BI in stationary

Mytraffic is a Parisbased supplier of digital intelligence for brickandmortar that meets the standards of online analytics. The worlds largest insurer

Mytraffic is a Parisbased supplier of digital intelligence for brickandmortar that meets the standards of online analytics. The worlds largest insurer, AXA, contributes €30 million to a Bstage financing managed by AXA Venture Partners. Refinements to Mytraffics locational intelligence stack will be funded by a twoyear employment drive. Mytraffic plans to increase its focus on hiring European employees by adding 20 senior hires to its five main offices. The objective is to secure a market position in location insights, which is anticipated to reach a value of €10 billion this year in just Europe. Alven made supporting contributions in order to support AXAs series B lead investment. Read More..

B2B Tech News | 2 years ago          

Wavemaker Impact Achieves First Close of Its $25M Seed Fund

Wavemaker Impact, a Singaporebased venture capital firm focused on climate technology, announced the first closing of its US$25 million first fund. Wa

Wavemaker Impact, a Singaporebased venture capital firm focused on climate technology, announced the first closing of its US$25 million first fund. Wavemaker Impact, which was launched last year by Wavemaker Partners, intends to establish companies that will eliminate 10% of global emissions by 2035. Executives from Engie Factory, PropertyGuru, and NuTonomy are among the original members. Read More..

B2B Tech News | 2 years ago          



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