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China fined Didi $1.2 billion over the data breach

China has fined Didi nearly $ 1.2 billion for serious breaches of data security regulations. The decision comes after a year of investigations that l

China has fined Didi nearly $ 1.2 billion for serious breaches of data security regulations. The decision comes after a year of investigations that led to a decrease in the startups share price. Didi was also forced to be fired from the US stock market. Didi lost 80% of its market capitalization, or more than $ 60 billion in value, after regulatory scrutiny. This is one of the most important reasons why the Chinese government is suppressing private industry. Chinese regulators have launched an investigation into Didi, which is listed on the New York Stock Exchange. Read More..

B2B Tech News | 3 years ago          

Artificial intelligence AI could be a major step in the insurance market Google, Microsoft, IBM the history of longterm growth

The Global Artificial Intelligence AI in Insurance Market report evaluates developments relevant to the insurance industry and identifies key industry

The Global Artificial Intelligence AI in Insurance Market report evaluates developments relevant to the insurance industry and identifies key industry risks and vulnerabilities. Some of the top profiled players include Google, Microsoft Corporation, Amazon Web Services Inc, IBM Corporation, Avaamo Inc, Baidu Inc, Cape Analytics LLC, Oracle Corporation, and others. HTF MI describes key global artificial intelligence AI trends in the insurance market using final data for 2022 and previous years, as well as quarterly or annual reports for 2022. The market is segmented into direct sales, distribution channel , regional and national analysis, North American country United States, Canada, South America Brazil, Argentina, Peru, Chile, Rest of South America, the AsiaPacific region China, Japan, India, South Korea, Australia, Singapore, Malaysia, Indonesia, the Philippines, Thailand, Vietnam and others. Read More..

B2B Tech News | 3 years ago          

North America Mechanical, Electrical and Plumbing MEP Services Market to Grow at USD 34.40 Billion, Outsourcing Risk Mitigation to Increase Market Growth

The mechanical, electrical, and sanitary services MEP market in North America is expected to grow by 14.19% over the forecast period. The report provi

The mechanical, electrical, and sanitary services MEP market in North America is expected to grow by 14.19% over the forecast period. The report provides an updated analysis of the current market scenario, recent trends and determinants, and the overall market landscape. Garanție Facility Management, Camelot Facility, and Property Management, Caravan Facility Management LLC, Choice Maintenance Group LLC, Continuum Services, EMCOR Group Inc., Express Facility Management. Mace Group, MEP Engineering Inc., WSP Global Inc. He is one of the most important players on the market. Read More..

B2B Tech News | 3 years ago          

Kenya venture capital firm FrontEnd Ventures has allocated funding to support local founders

Njeri Muhia and Stephen Wamatai are cofounders of FrontEnd Ventures, in earlystage venture capital firm focused on Kenyan startups. FrontEnd targets i

Njeri Muhia and Stephen Wamatai are cofounders of FrontEnd Ventures, in earlystage venture capital firm focused on Kenyan startups. FrontEnd targets impactdriven technology startups in industries including agriculture, ecommerce, healthcare, and transportation. It has completed a $ 1 million seed round to help Kenyan founders get the funding they often lack. VC FrontEnd is in talks with several companies and highvalue individuals HNWI in Kenya, joining an existing list of investors that currently includes banking, real estate, and industry executives. The amount earned in the first half of the year more than doubled compared to the same period last year and reached $ 3 billion. Read More..

B2B Tech News | 3 years ago          

Baidu presents a new Robotaxis with a detachable steering wheel

Baidu has introduced a new version of its unmanned aerial vehicle, which will cost almost twice as much as the previous model. The search company plan

Baidu has introduced a new version of its unmanned aerial vehicle, which will cost almost twice as much as the previous model. The search company plans to use this vehicle in its transportation services until 2023. The company plans to deploy tens of thousands of robot axes over time. Baidu goes beyond web advertising with AI and automated driving. The Apollo RT6 will hit the roads without a steering wheel after approval from the Chinese authorities. Baidu is one of several companies in China trying to engineer cars Competitors include Toyotabacked Pony.ai and WeRide, which is funded by Nissan and Guangzhou Automobile Group. Read More..

B2B Tech News | 3 years ago          

Low adoption of artificial intelligence affects Australia on the world stage

Underinvestment in artificial intelligence is making Australia vulnerable and blindly moving towards a lowskilled economy, said Cori Stewart, CEO

Underinvestment in artificial intelligence is making Australia vulnerable and blindly moving towards a lowskilled economy, said Cori Stewart, CEO of ARM Hub. According to Stanford Universitys 2021 AI Index Report, Australias private investment in AI was estimated to be around $ 300 million in 2020. This is a small fraction of private investments taking place in other jurisdictions, such as the United States, China, and the United Kingdom. . SMEs are hungry for AI, but they need more guidance and support to make it a reality. ARM Hub is an Australian nonprofit organization that provides independent advice on whats possible and how to get started. There is a gap in Australias innovation services that provide technology adoption and R&D commercialization services  we provide these services through ARM Hub. Read More..

B2B Tech News | 3 years ago          

South Korea aims to localize 50% of the supply of Chip material by 2030

South Korea announced Thursday that it aims to source half of its semiconductor manufacturing materials, components, and equipment locally by 2030. Th

South Korea announced Thursday that it aims to source half of its semiconductor manufacturing materials, components, and equipment locally by 2030. This plan is part of Yoon Seokyeols strategy to consolidate the industry. South Korea is home to the top manufacturers of memory chips, Samsung and SK Hynix. Semiconductors were the first export item from Korea for the ninth consecutive year. Read More..

B2B Tech News | 3 years ago          

Cancelled Tesla Cybertruck orders will be reimbursed in Australia

Tesla Australia has confirmed that it will reimburse customer deposits for Tesla Cybertruck. The electric truck was withdrawn from local sales two mon

Tesla Australia has confirmed that it will reimburse customer deposits for Tesla Cybertruck. The electric truck was withdrawn from local sales two months after it was launched in the United States. Anyone who submits $ 150 is eligible for a refund, as there appear to be no plans to bring the model locally at this time. For Teslas current Australian product line, including the Model 3 sedan and Model Y SUV, the company charges a $ 350 nonrefundable order fee for all purchases beyond the vehicles MSRP. 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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