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The US Senate passed a bill to increase chip production, breaking Chinas dominance

This bill, known as the Science and Knowledge Act, was approved by a vote of 64 to 33. It will now head to the House, where lawmakers hope to pass it

This bill, known as the Science and Knowledge Act, was approved by a vote of 64 to 33. It will now head to the House, where lawmakers hope to pass it and send it to the White House for Bidens approval. US semiconductor production, once accounting for nearly 40% of the worlds supply, has dropped to just 12%, while Chinas share is increasing. America is at risk of falling behind economically and technologically to a world power that does not value liberty or even respect human life, Young said. This is a very real economic and national security vulnerability, he said. Young concluded the bill will unleash private sector innovation while significantly boosting federal national security investments. Science and Knowledge Act Read More..

B2B Tech News | 3 years ago          

Tower Crane Market Growing Demand for Tall Buildings for Market Growth and Segmentation

The report, Tower Cranes Market by End User Infrastructure, Residential and Commercial and Geography APAC, North America, Europe, Middle East and Afri

The report, Tower Cranes Market by End User Infrastructure, Residential and Commercial and Geography APAC, North America, Europe, Middle East and Africa and South America Forecast and Analysis 20222026.has been added to Technavios collection. Action Construction Equipment Ltd., Fangyuan Group Co. Ltd., FMGru Srl, Hyundai Everdigm Corp., and Shandong Dahan Construction Machinery Co. are just a few of the industry vendors profiled in the report. Technavio has happily collaborated with more than 100 Fortune 500 organisations for more than 16 years and holds ISO 90012015 certification. Read More..

B2B Tech News | 3 years ago          

Know the GameChanger Factors Analysis Report for the Electronic Data Capture Systems Market 20222030

The electronic data acquisition systems market is expected to grow at a high rate during the forecast period. The presence of vital players in the eco

The electronic data acquisition systems market is expected to grow at a high rate during the forecast period. The presence of vital players in the ecosystem has led to a competitive and diverse market. This report covers the market revenue, sales volume, price, historical growth and future prospects. The electronic data acquisition systems market is segmented into North America, Europe, Asia Pacific and Rest of the World RoW, with North America expected to hold a significant share due to increasing investment in research and development and implementation of solutions. Region Increasing investment by key vendors in production capabilities and business expansion is expected to fuel the market during the study period. Read More..

B2B Tech News | 3 years ago          

BP opens first 300 kW superfast charging station for electric trucks

To support the decarbonisation of the industry, BP has unveiled its first ultrafast charging facility for medium and heavyduty electric trucks. The Sc

To support the decarbonisation of the industry, BP has unveiled its first ultrafast charging facility for medium and heavyduty electric trucks. The Schwegenheim store in RhinelandPalatinate, Germany now has two stateoftheart 300 kW electric truck chargers powered by 100% renewable energy. Truck manufacturers and vehicle drivers are demanding lowcarbon alternative fuels, and electrification is an attractive option, BP said. The Schwegenheim charging facility contributes to the growth of Aral Impulses national ultrafast charging network. Around 1,000 battery electric trucks will be sold in Germany in 2021. In Europe, this figure is expected to increase to 150,000 units by 2030, with Germanys highest penetration rate at 43%. Daimler Truck has launched the batteryelectric MercedesBenz eActros for widespread distribution in cities in 2021. Read More..

B2B Tech News | 3 years ago          

Tata Steel launches Indias first seating system for Vande Bharat

The Tata Group plans to spend Rs 300 billion on R&D in FY26 and launch the Indiafirst seating system for Vande Bharat Express trains from September 20

The Tata Group plans to spend Rs 300 billion on R&D in FY26 and launch the Indiafirst seating system for Vande Bharat Express trains from September 2022. The steelsalt conglomerate also aims to become one of the first five technology companies in the global steel industry by 2030. Tata Steels composites activities are focused on three market segments Industrial, Infrastructure and Railway. It aims to become the fifth largest steel industry technology in the world by 2030. Tata Steel is working with a Dutch technology partner to build a new site in Khopoli, Maharashtra. Read More..

B2B Tech News | 3 years ago          

Westpac Launches Online Mortgages

The digital mortgage loan process could be refinanced to customers by the end of 2022 before becoming widely available in 2023. Credit checks, financi

The digital mortgage loan process could be refinanced to customers by the end of 2022 before becoming widely available in 2023. Credit checks, financial checks, and real estate appraisals can be performed using thirdparty data sources and advanced analytics.No more looking for pay slips, bank statements, or credit card statements, says Richard Burton, managing director of Westpacs mortgage business. Borrowers must have 20% equity in their home and be on a payasyougo income to qualify for a digital loan, says Westpac chief executive David Burton. Westpac joins the likes of CBA and NAB in introducing a streamlined application process after fintech such as Tic Toc, Nano, OneTwo Home Loans, and ubank revolutionized the sector with simple applications and quick approvals. The status quo is being challenged thanks to techsavvy lenders, which have entered the game, says RateCity.com.au research director Sally Tindall. Read More..

B2B Tech News | 3 years ago          

ADNOC Distribution acquires a 50% stake in Egypts TotalEnergies Marketing

ADNOC Distribution has entered into an agreement with TotalEnergies Marketing Afrique to acquire a 50% stake in TotalEnergies Marketing Egypt for appr

ADNOC Distribution has entered into an agreement with TotalEnergies Marketing Afrique to acquire a 50% stake in TotalEnergies Marketing Egypt for approximately USD 186 million and to obtain additional proceeds of up to USD 17.3 million subject to certain conditions. TotalEnergies Egypt is one of the four largest fuel distributors in Egypt. This acquisition is an important step towards ADNOC Distributions expansion plans. Our partnership with TotalEnergies, a global multienergy company with a strong brand and a track record of success in Egypt, includes a diverse portfolio of 240 gas stations, over 100 convenience stores, over 250 oil change stations and car washes. Wholesaler of fuels, jet fuels and lubricants. The acquisition is expected to close in the first quarter of 2023, subject to certain conditions, including customary regulatory approvals. Read More..

B2B Tech News | 3 years ago          

STI is the first port on South Americas west coast to have a private LTE 4G network

The San Antonio Terminal Internacional STI kickstarted a major technological modernization plan by implementing a highperformance, private, wireless L

The San Antonio Terminal Internacional STI kickstarted a major technological modernization plan by implementing a highperformance, private, wireless LTE 4G network. This technology allows us to work with higher security standards and offer stateoftheart data services. The initiative is supported by Nokia and is part of a joint effort to extend terminal concessions until 2030. It is expected to be fully operational by September this year. STI is the first port on the west coast of South America to have its own LTE 4G network that can transmit data 5 times faster and with higher bandwidth. In addition to supporting planning, operations, and security processes, realtime data capture helps improve information flow, improve employee safety, and improve data security. Read More..

B2B Tech News | 3 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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