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To better protect Optus breach victims, the government will revise telco legislation.

"As a result of the Optus data breach, the federal government has established emergency legislation to aid banks and other organisations in protecting

"As a result of the Optus data breach, the federal government has established emergency legislation to aid banks and other organisations in protecting their consumers. The rules that were just released will be in effect for a year and will be incorporated into the Telecommuncations Regulations of 2021. The government will change regulations to enable telecommunications companies to better coordinate with financial institutions, the Commonwealth, and states and territories, to detect and mitigate the risks of cyber security incidents, frauds, scams, and other malicious cyber activities, as announced by Treasurer Jim Chalmers and Communications Minister Michelle Rowland today." Read More..

B2B Tech News | 2 years ago          

How banks can help South Africa avoid the gray list

After the Inflation Reduction Act IRA, which includes consumer tax incentives for purchasing EVs with battery material made in the United States, was

After the Inflation Reduction Act IRA, which includes consumer tax incentives for purchasing EVs with battery material made in the United States, was passed, the demand for domestically produced batteries hit new peaks. To meet this demand, strengthen their own supply networks, and be eligible for IRA incentives, battery manufacturers are scrambling to seize vacant land and build factories. This week, Michigan added two additional projects. Read More..

B2B Tech News | 2 years ago          

IBM Helps China to Deal with Tech Competition

During one of them, he warned that Russian President Vladimir Putins threat to use nuclear weapons as his Ukrainian invasion has failed is the most se

During one of them, he warned that Russian President Vladimir Putins threat to use nuclear weapons as his Ukrainian invasion has failed is the most serious danger of Armageddon since the 1962 Cuban Missile Crisis. When I heard @POTUS wanted to see the advantages of the CHIPS & Science Act firsthand, I advised him the River Valley was the perfect spot, Maloney said on Twitter on Wednesday. IBMs promise comes after chipmaker Micron announced this week a $100 billion investment over the next 20 years to develop a plant in upstate New York that may create 9,000 industrial jobs. Later that day, at a fundraiser at the home of New Jersey Gov. Chris Christie, Biden lashed out against Republicans. Biden was present in the evening. Read More..

B2B Tech News | 2 years ago          

Poland asserts EU single market will be destroyed by the German energy strategy.

By supporting its own energy businesses while rejecting a panEuropean ceiling on gas prices, Germany has been accused by Poland of destroying the EUs

By supporting its own energy businesses while rejecting a panEuropean ceiling on gas prices, Germany has been accused by Poland of destroying the EUs internal market, revealing a sharp divide over how to address the continents energy crisis. As EU leaders sparred at a nonofficial conference in Prague about how to reduce energy costs and ensure winter supply in the wake of Russias invasion of Ukraine, accusations over Berlins contentious €200 billion support package for its own industry surfaced. Read More..

B2B Tech News | 2 years ago          

Apax Funds turns Boasso Global into KKR

Boasso offers vital logistics services to the chemical and food supply chains on a global scale. Through its KKR Global Infrastructure Investors IV fu

Boasso offers vital logistics services to the chemical and food supply chains on a global scale. Through its KKR Global Infrastructure Investors IV fund, which focuses on important infrastructure investments in North America and Western Europe, KKR will invest in Boasso. The transactions financial details werent made public. Boasso was purchased by the Apax Funds in 2015 along with Quality Distribution, Inc., a provider of international logistics and transportation. With a team of more than 75 devoted investment specialists, KKR has been among the worlds most active infrastructure investors. Read More..

B2B Tech News | 2 years ago          

Market Segment Outlook Japan NonLife Insurance

AM Best areas in a recent Bests Market Segment Report, Market Segment Outlook Japan NonLife Insurance, that Japans economic recovery continued in fi

AM Best areas in a recent Bests Market Segment Report, Market Segment Outlook Japan NonLife Insurance, that Japans economic recovery continued in fiscal year 2021, despite pressures in certain industries –. Given the underwriting risk profile of most domestic nonlife insurers, which is weighted toward optional automobile and fire insurance, said Jason Shum, associate director, analytics, AM Best, AM Best believes the earnings base of Japans nonlife insurance businesses to be sustainable.  Despite forecasts of robust underwriting profitability, AM Best believes that underwriting earnings for most large domestic nonlife insurers would gradually decline in fiscal year 2022. The Japanese nonlife insurance segments solvency capital, which measures the level of actual net assets available for regulatory solvency reasons, Read More..

B2B Tech News | 2 years ago          

PropHero digital real estate investment platform raises $ 8 million to drive global operations

PropHero, a Sydneybased company, uses data and AI to assist investors in securing residential property. Eight million dollars were raised by the busin

PropHero, a Sydneybased company, uses data and AI to assist investors in securing residential property. Eight million dollars were raised by the business in a seed funding round that Fifth Wall and Samaipata jointly led. The money will be used to develop a comprehensive online property investing service, enhance the companys data models, and broaden its global reach. The software analyses millions of real estate data points from every suburb, using cuttingedge AI algorithms to assist clients choose the greatest houses. The business also maintains tight ties with mortgage broker partners who refer customers to the platform and gain from speedier processing periods for preapproval and loan drawdown. Read More..

B2B Tech News | 2 years ago          

Four women have been chosen to run the post office in Antarctica and count the penguins

Since the COVID19 epidemic started, Port Lockroy, the post office that also doubles as a museum, has been closed. Four employment openings were made a

Since the COVID19 epidemic started, Port Lockroy, the post office that also doubles as a museum, has been closed. Four employment openings were made available by the U.K. Antarctic Heritage Trust base leader, postmaster, shop manager, and wildlife monitor. Four women were picked to travel 9,000 miles for the job out of 4,000 applicants. The postmaster is Lucy Ballantyne, the wildlife monitor is Mairi Hilton, and Lucy Bruzzone is the bases leader. Beginning in early November, they will set off on their mission, staying there until March 2023. 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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