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According to diplomats, the EU is considering a cap on oil prices and other restrictions on hightech exports as part of new sanctions on Russia

The European Union is examining an oil price cap, tighter restrictions on hightech exports to Russia, and more sanctions against individuals. EU forei

The European Union is examining an oil price cap, tighter restrictions on hightech exports to Russia, and more sanctions against individuals. EU foreign ministers agreed to prepare new sanctions against Russia at an ad hoc meeting on the sidelines of the UN talks in New York.The blocs Russia hawks like Poland and the Baltic countries sought a ban on Russian diamond imports and moving to confiscate Russian assets frozen in Europe.The European Commission is expected to present a written proposal for tougher sanctions against Russia next week, sources close to the matter say. Germany, the EUs economic powerhouse, has so far barred tougher economic restrictions, while Hungarian Prime Minister Viktor Orban said sanctions should be scrapped. EU national leaders might approve new sanctions when they meet in Prague on Oct.67. Read More..

B2B Tech News | 2 years ago          

China Says U.S. Should Correct Abuse of Security Review

After US President Joe Biden directed a foreign investment panel to screen deals for data and cyber risks, Chinas commerce ministry said on Thursday t

After US President Joe Biden directed a foreign investment panel to screen deals for data and cyber risks, Chinas commerce ministry said on Thursday that the US should correct the abuse of a security review. Last week, Biden directed the committee that evaluates foreign investment for national security risks to focus more on threats to sensitive data, cyber security, and areas such as microelectronics and artificial intelligence. Read More..

B2B Tech News | 2 years ago          

Princeton NuEnergy PNE and Traxys North America Enter MOA to Strengthen Battery Sustainability

Princeton NuEnergy Inc. PNE and Traxys North America, a leading global physical commodities trader and merchant in batterycritical raw materials, meta

Princeton NuEnergy Inc. PNE and Traxys North America, a leading global physical commodities trader and merchant in batterycritical raw materials, metals, and natural resources, have signed a Memorandum of Understanding MOU to improve battery sustainability. PNE is a cleantech startup based in the United States that focuses on recycling, repurposing, and commercializing lithiumion batteries. Traxys will actively support PNE in its mission to provide costeffective, longterm LIB recycling solutions under the terms of the agreement. Traxys expects to participate in PNEs current Series A round and will assist the company with sourcing, marketing, distribution, financing and logistical solutions, and global funding strategies. Read More..

B2B Tech News | 2 years ago          

Berlin’s Visionaries Club VC boosts its funds with €400M worth of fresh capital for B2B investments

Sebastian Pollok and Lacher are the cofounders of Visionaries Club, a B2Bfocused European venture capital firm based in Berlin. Personio, Miro, Choco,

Sebastian Pollok and Lacher are the cofounders of Visionaries Club, a B2Bfocused European venture capital firm based in Berlin. Personio, Miro, Choco, Central, Truelayer, Vay, Taxdoo, Yokoy, Pigment, Leapsome, and Gtmhub are among the companies in which they have already invested. The fund functions essentially as a microVC fund, which means it can lead and colead seed investment transactions. It is coinvesting in the early growth stage Series B deals with larger, multistage VC funds. Later this year, a new €150 million Seed Fund and a €200 million Early Growth Fund will be launched. Read More..

B2B Tech News | 2 years ago          

Global 5G Connections Double Annually

The global uptake of wireless 5G networks is now doubling each year to succeed in 813 million connections by the top of the second quarter of 2022. mo

The global uptake of wireless 5G networks is now doubling each year to succeed in 813 million connections by the top of the second quarter of 2022. most uptodate data from Media suggests 430 million global 5G connections were added from Q2 2021 to Q2 2022. The figures represent 16 percent sequential quarterly growth from 703 million in Q1 2022 to 813M connections. By region, North America had a complete 99 million 5G and 502 million LTE connections yet 502 million 4G connections. the quantity of 5G commercial networks globally has reached 233, consistent with data from TeleGeography and 5G Americas. In Q2 2022, there have been 540 million 4G LTE connections, representing 6.9 percent quarterly growth with the addition of 34.7 million new LTE subscriptions. Latin America and therefore the Caribbean is projected to own 22 million 5G connections by the yearend of 2022, and 398 million by 2027. Read More..

B2B Tech News | 2 years ago          

The second Important Project of Common European Interest in the hydrogen value chain is approved by the Commission with public funding totaling up to €5.2 billion from thirteen Member States

The Commission has approved, under EU State aid rules, a second Important Project of Common European Interest IPCEI. The IPCEI will support research a

The Commission has approved, under EU State aid rules, a second Important Project of Common European Interest IPCEI. The IPCEI will support research and innovation, first industrial deployment and construction of relevant infrastructure within the hydrogen value chain. The Member States will provide up to €5.2 billion publicly funding, which is predicted to unlock additional €7 billion privately investments. the eu Commission has concluded that the IPCEI Hy2Use project, which aims to develop technologies and infrastructure of great EU importance, meets the specified conditions for its funding. itll enable Member States to jointly fill the gap to beat risks related to such projects, while ensuring that the EU economy at large benefits from them. Read More..

B2B Tech News | 2 years ago          

Optus attack exposes customer information

Optus was the victim of a cyber attack and data breach involving potentially millions of customers personal information. The Australian reported that

Optus was the victim of a cyber attack and data breach involving potentially millions of customers personal information. The Australian reported that about 2.8 million customers personal information was compromised in the attack, though Optus has not publicly disclosed the number of customers affected. Optus CEO Kelly Bayer Rosmarin said the company was devastated to learn about the attack. According to an iTnews spokesperson, Optus issued a media statement within 24 hours of discovering that customers information had been compromised. Read More..

B2B Tech News | 2 years ago          

The new G9 SUV from Chinese EV startup XPeng is described as the final stepbefore driverless vehicles

Xpeng launches G9 SUV, the fourth production vehicle in its lineup which will set a replacement benchmark for automated driving technology. The G9 wil

Xpeng launches G9 SUV, the fourth production vehicle in its lineup which will set a replacement benchmark for automated driving technology. The G9 will include a complicated driver assistance system ADAS that eventually will cover both city and highway driving scenarios. ADAS is first being piloted in Guangzhou, where itll first become available to G9 buyers. First deliveries are scheduled for October. Xpengs G9 SUV can go from 0 to 60 mph in 3.9 seconds and may reach a top speed of 205 km/h 125 mph.A new 800volt electrical architecture system allows the G9 to charge faster on supercharging stations. the corporate has 1,000 charging locations throughout China and plans to feature 500 more by 2023. XPeng aims to own 2,000 supercharging sites across the country by 2025. Read More..

B2B Tech News | 2 years ago          



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