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Argentina announces a plan to increase technology exports

In order to increase technology exports to $10 billion in 2023, Argentina has announced new policies. The thirdlargest economy in Latin America intend

In order to increase technology exports to $10 billion in 2023, Argentina has announced new policies. The thirdlargest economy in Latin America intends to export technical items valued about $7.4 billion in 2022. From the $6.2 billion in current technology exports in 2021, that would be a significant increase. The government is taking these steps in an effort to support the central bank in bolstering its imperilled foreign reserves. Read More..

B2B Tech News | 2 years ago          

Risk of £50bn bond sale sparked Bank of England emergency

As rising borrowing costs hurt pension funds, there was a possibility of a downward spiral. Its possible that pension funds associated with the pensio

As rising borrowing costs hurt pension funds, there was a possibility of a downward spiral. Its possible that pension funds associated with the pensions sector were forced to liquidate their UK government bonds. Three times higher than any previous historical move, the increase in borrowing costs over the course of four days. The emergency intervention in the bond market by the Bank of England is scheduled to expire the following week. With barely £3.7 billion spent so far, it has only purchased a small portion of the government bonds it could have. A sell of £50 billion would equal four times the markets average daily transaction. Read More..

B2B Tech News | 2 years ago          

Australian scientists aim to grow plants on the Moon by 2025

The project, according to the Australian experts, is a preliminary step toward cultivating plants for food, medicine, and oxygen production. An Austra

The project, according to the Australian experts, is a preliminary step toward cultivating plants for food, medicine, and oxygen production. An Australian "reincarnation grass" that can live without water in a latent form is a likely candidate. The Beresheet 2 spacecraft, an unofficial Israeli Moon mission, would transport seeds. Read More..

B2B Tech News | 2 years ago          

Michigan becomes the center of battery manufacturing in the United States

The project, according to the Australian experts, is a preliminary step toward cultivating plants for food, medicine, and oxygen production. An Austra

The project, according to the Australian experts, is a preliminary step toward cultivating plants for food, medicine, and oxygen production. An Australian "reincarnation grass" that can live without water in a latent form is a likely candidate. The Beresheet 2 spacecraft, an unofficial Israeli Moon mission, would transport seeds. Read More..

B2B Tech News | 2 years ago          

ByteDance, a TikTok producer, records losses of $7 billion in 2021.

According to the Wall Street Journal, ByteDance, the Chinese internet behemoth that created TikTok, lost more than US$7 billion in 2021, a 3x increase

According to the Wall Street Journal, ByteDance, the Chinese internet behemoth that created TikTok, lost more than US$7 billion in 2021, a 3x increase from the previous year.The report also stated that the business made an undisclosed amount of operating profits during the first quarter of 2022, citing a financial statement ByteDance shared with its staff.The news follows ByteDances boards approval of a $3 billion share buyback plan in September, a move that angered tiny shareholders. This corresponds to ByteDance proposing US$177 per share, which is less than its 2021 top price, and values the business at US$300 billion. Read More..

B2B Tech News | 2 years ago          

Theft Line into Sea at Nigerian Oil Export Terminal for 9 Years

According to the Nigerian National Petroleum Company NNPC, an illicit oil connection from Forcados Terminal that was active for nine years has been di

According to the Nigerian National Petroleum Company NNPC, an illicit oil connection from Forcados Terminal that was active for nine years has been discovered. Shell is in charge of running the Forcados terminal. A fourkilometer illegal oil connection line from Forcados Terminal into the sea that had been in use for nine years, according to Mallam Mele Kyari, Group Managing Director of NNPC, was discovered during a crackdown in the last six weeks. Despite the fact that oil theft has been a problem in the nation for over 22 years, Kyari said that the scale and pace at which it has increased recently is unprecedented. Read More..

B2B Tech News | 2 years ago          

In a round lead by Accel, the UKbased business information platform Lightdash raises $8.4 million.

Lightdash, a UKbased startup that makes business intelligence accessible by integrating seamlessly with all of your data tools, has raised a seed roun

Lightdash, a UKbased startup that makes business intelligence accessible by integrating seamlessly with all of your data tools, has raised a seed round worth $8.4 million just before it makes its beta available to the general public.The money will go toward the development of the platforms new features, recruiting new staff, and the beta release of Lightdash Cloud.Guy Podjarny, the creator of the cyber security company Snyk, Ashley Kramer, the CMO of GitLab, Tristan Handy, the founder of dbt, and Lars Bjork, the former CEO of Qlik, all contributed as angel investors to the funding round, which was led by Accel. The lineup is completed by earlystage investors Y Combinator and Moonfire. Read More..

B2B Tech News | 2 years ago          

Luxury drivers, according to the CEO of MercedesBenz, will accelerate the switch to EVs

Ola Kallenius, the CEO, told CNBCs Jim Cramer that while he believes there will be a market for automobiles with internal combustion engines for a bit

Ola Kallenius, the CEO, told CNBCs Jim Cramer that while he believes there will be a market for automobiles with internal combustion engines for a bit longer, buyers especially in luxury markets will demand entirely electric cars and SUVs sooner rather than later. In fact, he asserted, it has already begun. On Thursday, Kallenius remarked in an interview as part of the ESG Impact conference hosted by CNBC, Step by step, we see the market turning. I firmly believe that in this decade, the luxury market will transition from being dominated by hightech internal combustion engines to an allelectric future. 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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