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Exxon Mobil Dives into Lithium Mining, Targets 2026 Production for EV Boom

Exxon Mobil is anticipated to declare intentions to begin producing Lithium in Arkansas by 2026 to meet the rising demand for the metals used in EV ba

Exxon Mobil is anticipated to declare intentions to begin producing Lithium in Arkansas by 2026 to meet the rising demand for the metals used in EV batteries. With Tetra Technologies, Exxon hopes to manufacture 10,000 metric tonnes of Lithium annually in Arkansas by 2026 as part of "Project Evergreen." This action is being taken to increase the amount of Lithium produced worldwide from brine reserves that are salted. To test Direct Lithium Extraction DLE technology, which is essential for commercial operations, Exxon has started digging wells in Arkansas. It would be enough to produce about 100,000 EV batteries in the first run. Read More..

B2B Tech News | 2 years ago          

TPG Telecom Halts Negotiations with Vocus Group over Fiber Asset Sale

The negotiations between TPG Telecom of Australia and Vocus Group to sell some nonmobile fibre assets for about AUD 6.3 billion $4 billion have come t

The negotiations between TPG Telecom of Australia and Vocus Group to sell some nonmobile fibre assets for about AUD 6.3 billion $4 billion have come to an end. The operational model and commercial conditions could not be agreed upon by the firms. TPGs stock dropped as much as 10.5%, to a level not seen since late July. The due diligence process ended in October, although Vocus had made a nonbinding bid in August to purchase specific enterprise, government, and wholesale assets. TPG declared that it will carry out its strategic review despite persistently high interest in its fixed infrastructure assets from possible investors. Read More..

B2B Tech News | 2 years ago          

Russia Plans VPN Crackdown Amid Rising Demand Digital Ministry Eyes Protocol Restrictions

According to the nations digital ministry, Russia intends to ban several Virtual Private Networks VPNs and protocols deemed dangerous. Following Russi

According to the nations digital ministry, Russia intends to ban several Virtual Private Networks VPNs and protocols deemed dangerous. Following Russias restriction of access to several Western social media platforms, there has been a surge in demand for VPN services. Russia passed legislation in 2017 requiring VPN companies to work with law enforcement and block access to prohibited information, or risk being blacklisted. According to the digital ministry, foreign traffic deemed to pose a threat might be filtered out of specific VPN services and protocols on the mobile communication network. Concerns were expressed by lawmaker Anton Tkachev on the possible shutdown of all VPNs. Read More..

B2B Tech News | 2 years ago          

DP World Australia Ports Halted Cybersecurity Incident Causes Ongoing Disruption

Owing to a significant and ongoing cybersecurity breach, DP World Australia, a significant port operator, has ceased operations at ports across many s

Owing to a significant and ongoing cybersecurity breach, DP World Australia, a significant port operator, has ceased operations at ports across many states. Operations at container terminals in Melbourne, Sydney, Brisbane, and Fremantle, Western Australia, were suspended as a result of the infringement. As it prepares to resume regular operations, DP World Australia, which oversees almost half of the nations cargo movement, is testing critical systems and looking into any data breaches. The National Cyber Security Coordinator anticipates the disruption to last for many days, affecting the import and export of commodities, and the Australian Federal Police is looking into the issue. Read More..

B2B Tech News | 2 years ago          

Lockbit Ransomware Gang Targets Boeing, Exposes Sensitive Data

The cybercrime group Lockbit released internal material from Boeing, a significant defence and space contractor, on the internet. Lockbit stated in Oc

The cybercrime group Lockbit released internal material from Boeing, a significant defence and space contractor, on the internet. Lockbit stated in October that it had gotten a large quantity of confidential information from Boeing and that it would not disclose it unless a ransom was paid by November 2. Boeing acknowledged that information had been made public by a criminal ransomware actor and verified a cybersecurity breach affecting some portions of its components and distribution business. Boeing stated that it does not think the event jeopardises aircraft or flight safety, but it did not address whether defence or other sensitive data was exposed. Lockbit is recognised as a proficient and wellorganized criminal group that has attacked establishments throughout the globe. Read More..

B2B Tech News | 2 years ago          

Data Borders Open Qichachas Success Signals Shift in Chinese Info Access Abroad

Qichacha, a Chinese firm information supplier, is the first in the enterprise credit information industry to pass a data export security evaluation. T

Qichacha, a Chinese firm information supplier, is the first in the enterprise credit information industry to pass a data export security evaluation. This advancement enables Qichacha to introduce its database in several foreign nations. In recent years, the Chinese government has enacted several cybersecurity, data, and privacy rules that mandate that organisations with sizable user bases go through evaluations and get approvals before using their data. Regulations enacted in 2022 require security checks before exporting data. The fact that Qichacha was able to pass this evaluation points to a possible change in how easily accessible Chinese corporate data is for users who are located abroad. Read More..

B2B Tech News | 2 years ago          

South Africas Inflation to Hover Around 5%, Annual Repricing in January

South Africas inflation is expected to remain relatively stable in the coming months, according to Investec Chief Economist Annabel Bishop. The Headli

South Africas inflation is expected to remain relatively stable in the coming months, according to Investec Chief Economist Annabel Bishop. The Headline Inflation rate is projected to decrease from 5.4% in September to 5.0% in December. While it may reach the South African Reserve Banks target of 4.5% by mid2024, a slight increase is anticipated in January due to annual repricing by retailers. Factors such as oil prices, the exchange rate, and a predicted fuel price cut for December are likely to influence inflation. The manufacturing sectors downturn and rising input prices suggest a return to inflationary pressure. Despite a stronger rand, concerns about demand and oil prices are impacting the economic outlook. Read More..

B2B Tech News | 2 years ago          

B2B Giants Thrive Alibaba, Amazon, eBay Shape North Americas eCommerce Landscape

The North America B2B eCommerce Market, covering the United States and Canada, is rapidly expanding with a projected CAGR of 22.15% in revenue from 20

The North America B2B eCommerce Market, covering the United States and Canada, is rapidly expanding with a projected CAGR of 22.15% in revenue from 2023 to 2032. This sector facilitates online trade between businesses and includes major players such as Alibaba, Amazon, and eBay. The market growth is driven by factors like the digitalization of business processes, increased acceptance of online procurement, and the demand for efficient and costeffective solutions. Giants like Alibaba, Amazon, and eBay have expanded their presence in B2B, while specialized platforms like EC21 and Thomasnet cater to specific B2B needs. 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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