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Chinas Rapid Green Energy Growth Welcomes Unconventional Manufacturers

China is experiencing swift growth in its renewable energy industry, notably in solar manufacturing, with unconventional participants such as dairy fa

China is experiencing swift growth in its renewable energy industry, notably in solar manufacturing, with unconventional participants such as dairy farmers and toy makers entering the market. The increased investment in green energy is resulting in an excess of solar components. This surplus is not only affecting the industry but also posing challenges for other regions, particularly Europe, attempting to establish their own manufacturing capabilities in this sector. The overwhelming production of solar components in China is causing ripples globally, making it difficult for other areas to compete or establish themselves in this market. Read More..

B2B Tech News | 2 years ago          

Tech Industrys Employment Crisis 250,000 Jobs Slashed Amid Global Conditions

Global tech and startup sectors faced continued layoffs, with approximately 248,974 employees laid off by 1,106 tech companies this year, attributed t

Global tech and startup sectors faced continued layoffs, with approximately 248,974 employees laid off by 1,106 tech companies this year, attributed to macroeconomic conditions. Daily, an average of 555 employees lost jobs over the last two years, with retail tech and consumer tech leading layoffs. More layoffs are expected in 2023. Notable layoffs include Ubisoft, Unity, Snap, F5, Viasat, and Splunk, among others, affecting hundreds of employees due to restructuring, costsaving measures, and acquisitions. Read More..

B2B Tech News | 2 years ago          

Market Transformation Electric Trucks Prevail Over Hydrogen in Europe

Electric trucks are taking over hydrogenpowered heavy lorries in Europe, as seen in the operations of Norways Asko. Asko tested four hydrogen trucks f

Electric trucks are taking over hydrogenpowered heavy lorries in Europe, as seen in the operations of Norways Asko. Asko tested four hydrogen trucks from Scania in 2020 near Trondheim but theyre not frequently used due to the rise of electric trucks for short deliveries. This shift marks a change in the division of roles between hydrogen and electric vehicles in decarbonization. The EUs push for emissions reduction drives electric trucks, expected to hold an 85% market share by 2030. Advancements in electric truck technology and cost efficiencies steer the focus away from hydrogen trucks, although they might be preferable in remote areas or for uninterrupted operations. This transition indicates a transformative era favoring electric trucks, reducing hydrogen lorries to specific niche roles. Read More..

B2B Tech News | 2 years ago          

Tech Challenges Put 5 Million Individuals at Risk in Aussie Nonprofit Sector

Australias notforprofit sector, employing 1.4 million and engaging 3.2 million volunteers, generates AUD $190 billion to support critical causes. Howe

Australias notforprofit sector, employing 1.4 million and engaging 3.2 million volunteers, generates AUD $190 billion to support critical causes. However, research from Infoxchange highlights the sectors struggle to meet modern IT security standards, risking nearly five million individuals and hindering addressing societal issues. The Digital Technology in the NotForProfit Sector report, based on a survey of over 1,000 organizations, underscores their awareness of digital advancement. Around 45% have shifted most IT to the cloud, while 38% focus on improving websites and 32% on enhancing digital marketing. Despite their vital role, these entities lack adequate support for combating cyber threats, constrained by limited resources directed mainly toward community service. Strengthening cybersecurity would demand redirecting funds from essential community services, a difficult tradeoff for these organizations. Read More..

B2B Tech News | 2 years ago          

Generative AI Transforming Indian Marketing Beyond Productivity

Indias generative AI scene, with over 60 local startups and $590 million raised, focuses on leveraging AI beyond productivity. While discussions often

Indias generative AI scene, with over 60 local startups and $590 million raised, focuses on leveraging AI beyond productivity. While discussions often revolve around enhancing productivity, the potential of generative AI in marketing remains underestimated. By combining data insights and creativity, generative AI complements human innovation. It wont drastically change the marketing industry but rather enhance professionals work, particularly through predictive analytics. This technology expedites the development of predictive analytics initiatives, accelerating the understanding of sales pipelines. Additionally, generative AI applications, utilizing specific data, streamline tasks, freeing up time for higherimpact activities within marketing teams. For instance, it rapidly generates lead lists, saving significant time for professionals. Read More..

B2B Tech News | 2 years ago          

Cornells New Program Equips Leaders to Harness AIs Potential Responsibly

Cornells new AI Strategy certificate program, led by Professor Soumitra Dutta, aims to equip professionals with comprehensive knowledge of AIs ethical

Cornells new AI Strategy certificate program, led by Professor Soumitra Dutta, aims to equip professionals with comprehensive knowledge of AIs ethical and sustainable use in business. It covers six courses, guiding students from AI basics to realworld applications, societal impacts, and future considerations. The program ensures a broad understanding, enabling individuals to assess, apply, and strategize AI use in their organizations while considering societal implications. Its an AI "boot camp," balancing technical insights with realworld contexts and strategies, preparing individuals for the everevolving AI landscape. Read More..

B2B Tech News | 2 years ago          

Livent Eyes $10.6 Billion Merger with Allkem Creates Global Lithium Powerhouse

Important US Lithium producer Livent is scheduled to meet with Australian investors to talk about merging with Allkem for $10.6 billion. Amid a declin

Important US Lithium producer Livent is scheduled to meet with Australian investors to talk about merging with Allkem for $10.6 billion. Amid a decline in Lithium prices and demand, the combination would make the company the thirdlargest manufacturer in the world. Should the acquisition be approved by Allkem shareholders on December 19, Paul Graves, the CEO of Livent, will assume the lead role at the recently established Arcadium Lithium. Australia, Canada, and Argentinas Lithium holdings would be combined in the merger, making Arcadium Lithium the worlds thirdlargest producer of Lithium. By 2027, pretax operational cost synergies from the purchase should provide around $125 million in annual savings. Read More..

B2B Tech News | 2 years ago          

BP, Edison, Shell Call on USEU Task Force Amid LNG Disputes

The USEU Task Force on Energy Security has received requests from BP, Edison, and Shell to step in and resolve a disagreement between Venture Global L

The USEU Task Force on Energy Security has received requests from BP, Edison, and Shell to step in and resolve a disagreement between Venture Global LNG and the companys noncompliance with an agreement to provide Liquefied Natural Gas LNG. Three businesses have filed claims in contract arbitration with Venture Global LNG, along with one other, alleging that the company has not supplied enough gas and that it has not finished repairing its Calcasieu Pass LNG plant. According to Venture Global LNG, the plants partial shutdown is a result of malfunctioning power equipment being fixed. To exert pressure on Venture Global LNG about the contracts, the three firms appealed to the task force. 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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