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The Central Bank of Morocco intends to introduce rules on digital currencies soon

Abdellatif Jouahri, the governor of the Moroccan Central Bank, claims that the government is currently developing a framework for regulating cryptocur

Abdellatif Jouahri, the governor of the Moroccan Central Bank, claims that the government is currently developing a framework for regulating cryptocurrencies. He claims that neither a national nor an international regulatory or legal framework is currently in place. He claims that a legal framework is necessary for the government to accept cryptocurrency because, without one, Moroccans wouldnt use it. The governor asserts that his organization has spoken to the IMF and World Bank about the standards that will be applied. Read More..

B2B Tech News | 2 years ago          

Tesla is closing its San Mateo, California offices and eliminating around 200 Autopilot positions

Tesla is closing its San Mateo, California office and eliminating an estimated 200 jobs as part of a costcutting effort. The employees were tasked wit

Tesla is closing its San Mateo, California office and eliminating an estimated 200 jobs as part of a costcutting effort. The employees were tasked with labeling videos from the companys cars to improve their driver assistance systems. Tesla had previously moved some of its Autopilot data workers to its Palo Alto, California location. They were told they would be paid in full for the next 60 days, but June 28 would be their last working day. Tesla is cutting around 10% of its salaried headcount but plans to add more hourly workers over time. Supply chain disruptions are hampering Teslas ability to increase production in both facilities he tells a Silicon Valley fan club. Read More..

B2B Tech News | 2 years ago          

The G7 has promised to work together to increase the shift in clean energy in India

G7 leaders intend to achieve full or partial decarbonization of the energy sector by 2035. Emissions from coalfired electricity generation are one of

G7 leaders intend to achieve full or partial decarbonization of the energy sector by 2035. Emissions from coalfired electricity generation are one of the main causes of global warming. The removal of coal in the G7 and the EU prevents CO2 emissions of 1.9 billion tonnes a year. The G7 has decided to open up space for gas investment in the name of energy security. Although temporary, it could deter greenhouse gases for decades. Leaders could not rule out coal until 2030, but the road and electricity sectors have ensured decarbonization. Read More..

B2B Tech News | 2 years ago          

The US implements a ban on new Russian gold imports and announces new sanctions against Russia.

The US Treasury announced sanctions against 70 companies, including stateowned Rostec. Designated Russian military units for human rights abuses in Uk

The US Treasury announced sanctions against 70 companies, including stateowned Rostec. Designated Russian military units for human rights abuses in Ukraine and implemented a ban on new imports of Russian gold. Rachel Rizzo, a senior fellow at the Atlantic Councils Europe Center, said the sanctions will have an impact in the long term. The State Department is imposing sanctions on 45 entities and 29 individuals, as well as moving to impose visa restrictions on 511 Russian military officers. Among the sanctions are 19 members of the board of Rostec and Halyna Danylchenko, the illegitimate mayor installed by Russia in Melitopol. The State Department also sanctions Uzbekistanbased Promcomplektlogistic Private Company for doing business with a sanctioned Russian entity. Read More..

B2B Tech News | 2 years ago          

Kenya and SA provide insights into the challenges and alternatives of the digital economy

The real threat of a severe global economic downturn is being highlighted by the World Bank. Despite difficulties, many believe that Africas longterm

The real threat of a severe global economic downturn is being highlighted by the World Bank. Despite difficulties, many believe that Africas longterm growth will be significantly influenced by the digital economy. But there have been a variety of results from efforts to promote the digital industry in subSaharan Africa. The potential of the digital economy has always had two sides. Realizing local potential is frequently hampered by global success models, such as conforming to international standards. This has implications for the subSaharan African digital startup scene of today. Read More..

B2B Tech News | 2 years ago          

5G technology is coming soon. India must be ready

5G Internet connection is important for the ubiquitous digital project in India. The McKinsey study identified India as the second fastestgrowing digi

5G Internet connection is important for the ubiquitous digital project in India. The McKinsey study identified India as the second fastestgrowing digital economy. The fiberoptic backbone is the digital infrastructure needed for this purpose. Consumption of fiber optic cable in India is projected to increase to 33 million footkm by 2026. The Indian fiberoptic industry has faced unfair competition from cheap imports from China, Indonesia, and South Korea.India needs to invest in research and development and provide productrelated incentives to support hightech domestic production. Read More..

B2B Tech News | 2 years ago          

Due to difficulties with fundraising, Volt, Australias First OnlineOnly Bank, closes

Volt Bank is the first exclusively online bank to gain an Australian banking license. The company had A$113 million $78 million in deposits and A$80 m

Volt Bank is the first exclusively online bank to gain an Australian banking license. The company had A$113 million $78 million in deposits and A$80 million of home loans as of April. Rising inflation and interest rates made it harder for online banks to compete with established lenders. It is the third of four prominent Australian banks to fold or be sold in the space of a year. Private Only Judo remains a selfemployed activity. The Australian prudential regulator said in a separate statement that it will closely monitor the process to ensure funds are returned to Volts depositors. Read More..

B2B Tech News | 2 years ago          

Alexis Glick is appointed CEO of Nature Energys North American division

Alexis Glick is a seasoned finance executive and environmental, social, and governance ESG thought leader. She will lead Nature Energys expansion into

Alexis Glick is a seasoned finance executive and environmental, social, and governance ESG thought leader. She will lead Nature Energys expansion into North America with a worldclass team of engineers, scientists, and biogas leaders. Glick most recently served as CEO of GENYOUTH, where she built and led the largest publicprivate partnership in support of the health and wellbeing of 40 million American students. Before that, she was the first woman to run a bulge bracket investment banking business during her tenure at Morgan Stanley. She will lead the companys North American expansion while educating policymakers, farmers, and customers on the benefits of biomethane. Nature Energy has made some important. 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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