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Hungary creates an anticorruption body to open up the EU budget

Hungary will establish an anticorruption authority and a working group with participation from nongovernmental organizations to monitor the use of EU

Hungary will establish an anticorruption authority and a working group with participation from nongovernmental organizations to monitor the use of EU funds. Budapests action aims to release EU funds as Prime Minister Viktor Orbans administration is engaged in conflict with Brussels. Hungary has been waiting for permission from the European Commission to access funds intended to help economies recover from the COVID19 pandemic. Hungary will establish a stricter than ever and extremely transparent system for monitoring the use of EU funds and procurement contracts, according to Gergely Gulyas. Read More..

B2B Tech News | 2 years ago          

Cropin, an agricultural technology firm, debuts its cloud platform to digitalize the agriculture sector

Cropin announced the launch of Cropin Cloud, a cloud platform with integrated apps. The company claims the worlds largest crop knowledge graph of more

Cropin announced the launch of Cropin Cloud, a cloud platform with integrated apps. The company claims the worlds largest crop knowledge graph of more than 500 crops and 10,000 varieties. Its products are live in 92 countries, it is partnered with over 250 B2B customers and has digitized 26 million acres of farmland. Backed by investors including the Bill and Melinda Gates Foundation and CDC Group, the company was founded in 2010. Cropin is in the process of fundraising for its Series D round, and aims to raise investments in the range of $50 million to $75 million in the next six months.Bill and Melinda Gates Foundations Strategic Investment Fund and CDC Group are among the companys investors.Cropin has also provided information on weather, crop management, pest and disease forecasting, nutrient management, and soil and water management practices to the World Bank and the Government of India. Read More..

B2B Tech News | 2 years ago          

Relying on a spending binge to meet its renewable energy objectives

Mukesh Ambani, president of Reliance Industries Limited RIL, told investors at the 2022 Annual General Meeting AGM that the company will install a 20

Mukesh Ambani, president of Reliance Industries Limited RIL, told investors at the 2022 Annual General Meeting AGM that the company will install a 20 GW solar power plant by 2025 and a 100 GW solar power plant by 2030. By 2030. by 2021, RIL had set aside Rs 75,000 crore to devote itself to the renewable energy sector. The company has also entered into strategic partnerships with several green energy companies. In October 2021, RIL acquired a 100% stake in the Norwegian REC Solar Holdings AS from the Chinese group Bluestar for $ 771 million. In February 2021, it purchased the worlds first shipment of carbon neutral oil from Oxy Low Carbon Ventures OLCV. OLCV is a division of the American oil company Occidental. Read More..

B2B Tech News | 2 years ago          

Hungary plans to invest 16 billion euros to reduce dependence on gas by 2030

To increase electricity production, increase storage capacity, and reduce reliance on gas imports, Hungary plans to invest up to 16 billion euros by 2

To increase electricity production, increase storage capacity, and reduce reliance on gas imports, Hungary plans to invest up to 16 billion euros by 2030. In July, the administration of Prime Minister Viktor Orban lifted a longstanding cap on utility costs for households with higher usage. Hungary receives 3.5 billion cubic meters bcm of gas annually from Russia via Bulgaria and Serbia as part of a longterm agreement signed last year, before the outbreak of the conflict in neighboring Ukraine, and an additional one bcm via a pipeline from Austria. Read More..

B2B Tech News | 2 years ago          

Germany will keep two nuclear power plants on standby in case of energy shortages

To avoid a shortage of energy, Germany will keep two nuclear power plants on standby until next spring. An announcement was made following a power sys

To avoid a shortage of energy, Germany will keep two nuclear power plants on standby until next spring. An announcement was made following a power system stress test to assess the safety of the nations electricity grid for the winter. Only two nuclear power plants—Isar 2 and Neckarwestheim—will be operational through the winter of 2022–2023 in southern Germany as Germany continues to phase out nuclear energy. Russia recently stopped supplying gas through the Nord Stream 1 pipeline, forcing nations to look for alternative sources of natural gas, which is frequently used for heating. Read More..

B2B Tech News | 2 years ago          

NBN Co seeks to create a digital twin

NBN Co has made it clear that it intends to build a digital twin of its network, hiring two people specifically for this effort. The function will be

NBN Co has made it clear that it intends to build a digital twin of its network, hiring two people specifically for this effort. The function will be based in a lab within the NBN Chief Technology Office. Digital twins, virtual replicas of the physical world, have become popular ways to simulate the production impact of new ideas or systems.The company has been investigating digital twin technology since 2019. It is one of the most significant trends when building digital reliance in a 2021 digital reliance white paper. Other backers include Defence, Airservices Australia, Endeavour Energy, Australia Post, Victorian and NSW state governments, and more. Read More..

B2B Tech News | 2 years ago          

The top vendors and products in financial technology fintech worldwide

BS Intelligence has revealed the 2022 edition of its highly anticipated list of top banking technology suppliers. The annual Sales League Table by IBS

BS Intelligence has revealed the 2022 edition of its highly anticipated list of top banking technology suppliers. The annual Sales League Table by IBS Intelligence sheds light on the worlds most popular and utilize fintech solutions. This years edition assessed the purchases made by over 1,000 banks across 250+ products from 60 suppliers across the Americas, Europe, the Middle East, Africa, Asia Pacific, and Oceania. IBS Intelligence is a UKheadquartered, international consultancy with deep expertise in strategy and organization services for financial services clients. Read More..

B2B Tech News | 2 years ago          

A strategic investment in the African P2E guild project MVM was announced by Wemade.

Wemade participated in the seed funding round for Metaverse Magna, a P2E guild project from Africa. Wemade aims to expand the WEMIX3.0 ecosystem and s

Wemade participated in the seed funding round for Metaverse Magna, a P2E guild project from Africa. Wemade aims to expand the WEMIX3.0 ecosystem and start a longterm business in Africa. MVM is the first and largest gaming DAO in Africa, supported by Yele Bademosi, former director of the African region at Binance Labs. Marketing technology news MarTech interview with Lauren Vaccarello, CMO at Salesloft 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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