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Medtronic is adding 200 R&D positions in Galway

In addition to increasing its investment in new product development in Galway, Medtronic plans to create a new global laboratory services team there.

In addition to increasing its investment in new product development in Galway, Medtronic plans to create a new global laboratory services team there. The news coincides with the business 40th anniversary in Ireland. With 4,000 employees currently working in this nation, Medtronic is one of the more significant global corporations present. Galway, Athlone, and Dublin have all received announcements of an additional 200 new employees. Leo Varadkar, the Tánaiste and Minister for Enterprise, Trade, and Employment, welcomed the announcement. In 1982, Medtronic arrived in Ireland to produce a few cardiovascular devices. Over 4,000 people are now employed by it across five locations in three Irish cities. Read More..

B2B Tech News | 2 years ago          

Creating a national power grid to follow the sun was dismissed as impossible

Eastern states have faced energy reliability issues, most recently with blackouts in Queensland and New South Wales this year. By creating a single na

Eastern states have faced energy reliability issues, most recently with blackouts in Queensland and New South Wales this year. By creating a single national grid, eastern states could obtain solar power from Western Australia during the evening slope, when energy consumption is typically highest. Building a long transmission line between WA and the eastern states could cost billions and would likely be more expensive than building more accumulators in the east. Read More..

B2B Tech News | 2 years ago          

Paybill is linked to Telkom and Airtel Money by MPesa.

As of today, users of Airtel and Telkom will have access to Safaricom’s bill payment platform following the improvement of seamless display fees by

As of today, users of Airtel and Telkom will have access to Safaricom’s bill payment platform following the improvement of seamless display fees by merchants linked to various operators. Interoperability allows different IT systems to communicate and exchange data of the two rival networks for merchant payments. From 2024, mobile phone users will be able to deposit and withdraw money at any agent on any network. Mobile money customers on TKash and Airtel Money will be able to make mobile payments to an MPESA Paybill Number, a telecommunications official said. The move is part of efforts by regulators to curb the dominance of Safaricoms mobile money service and Lipa mPesa. There are no customs charges for bulk payments made using Lipa except for settlements at fuel stations. Read More..

B2B Tech News | 2 years ago          

The bank warns that too many rate hikes could crash the Australian housing market

The Australian housing market could collapse if interest rates rise too high. The Reserve Bank of Australia has hiked interest rates three times since

The Australian housing market could collapse if interest rates rise too high. The Reserve Bank of Australia has hiked interest rates three times since May. The Swiss investment bank UBS has predicted interest rates will peak at around 3.5 percent in March next year but said this will hit the housing market hard. We still believe that market prices of around 3.5% – if delivered – would likely cause housing construction to collapse and bring the economy closer to the recession, said George Tharenou, the economist a boss at UBS, told The Australian. The Reserve Bank of Australia RBA has hiked interest rates three times since May, taking them from a record low of 0.1% to a staggering 1.35%. Read More..

B2B Tech News | 2 years ago          

Kenya is anticipated to receive a portion of the $2.36 trillion in Gates funding.

Kenya is among the beneficiaries of the new Sh2.36 trillion $20 billion pledged by the Bill and Melinda Gates Foundation. The promise of the founder o

Kenya is among the beneficiaries of the new Sh2.36 trillion $20 billion pledged by the Bill and Melinda Gates Foundation. The promise of the founder of Microsoft came at a time when the world economy is experiencing high inflation and the disruptions of the RussoUkrainian war. The Gates Foundation, founded by Bill and Melinda Gates in 2000, has provided financial assistance to the country’s Ministry of Health to fight the Covid19 pandemic and HIV / AIDS prevention efforts. Gates, one of the richest people in the world said he looks to virtually donate all his wealth to the philanthropic organization. Gates has a net worth of about $122.4 billion as per Bloomberg. Read More..

B2B Tech News | 2 years ago          

The NDC OECS Investment Forum and the Government of St. Lucia discuss the Eastern Caribbean

Government representatives from the OECS, policymakers, regional stakeholders, investors, and international partners attended the Forum. The ways to i

Government representatives from the OECS, policymakers, regional stakeholders, investors, and international partners attended the Forum. The ways to investigate decarbonization of the Eastern Caribbean were discussed by the attendees. Along with establishing resilience to the effects of climate change, they also set out a course for environmental sustainability. Participants have been urged by the OECS Director General to take action to increase resilience in vital sectors like water, energy, infrastructure, transportation, and finance, to name a few. From the Frontline to the Future Uniting the Caribbean for Bold Climate Action was the theme of the threeday conference Read More..

B2B Tech News | 2 years ago          

Despite gaming crackdown, China remains the worlds largest esports market

China remains the worlds largest single land market with esports revenues of $403.1 million in 2021, Niko Partners said in a report on Thursday. Last

China remains the worlds largest single land market with esports revenues of $403.1 million in 2021, Niko Partners said in a report on Thursday. Last year, Beijing introduced rules that limit the amount of time under 18s can play online video games. Despite the broader crackdown on young people playing games, there appears to be government support for esports in China. Esports revenue in greater southeast Asia totaled $80.1 million in 2021, up 27.3% yearonyear and a 26% rise over 2020. Japan and South Korea are the two other large Asian markets in Southeast Asia that are growing faster than China. Read More..

B2B Tech News | 2 years ago          

The lack of technological talent in the UK risks hampering the growth of the industry

The UK technology sector is facing a shortage of talent that could stifle growth, the trade association warns. TechNation said this is a real problem

The UK technology sector is facing a shortage of talent that could stifle growth, the trade association warns. TechNation said this is a real problem that needs to be fixed. Last year, there were over 2 million technical vacancies in the UK, more than any other field of work. According to industry coalitions, almost 12 million workers do not have essential digital skills. The number of transferred students is declining, and there is a shortage of computer science teachers. The average salary for skills is £ 62,000, more than double the household income in the UK. According to TechNation, wages in technology are, on average, almost 80% higher than wages for nontech jobs. Read More..

B2B Tech News | 2 years ago          



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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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5.  Approximately 8 billion gadgets connect on the internet every day.
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