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BYD Outperforms Tesla in Stock Market Is a Shift in the EV Landscape Underway?

BYD Co. is rapidly closing the gap with Tesla Inc. to become the leading seller of pure electric vehicles globally. Strong profits underscore BYDs sal

BYD Co. is rapidly closing the gap with Tesla Inc. to become the leading seller of pure electric vehicles globally. Strong profits underscore BYDs sales prowess despite heightened competition in China. While Teslas stock has seen a 17% decline this month, BYDs Hong Konglisted shares have increased by about 1%. Although Teslas stock has grown more than twice as much as BYDs this year, there are signs of further progress for BYD. Investors are expressing interest in optimistic options for BYD, and analysts have raised their earnings predictions to a record high for the Chinese company after its preliminary quarterly report. Read More..

B2B Tech News | 2 years ago          

Middle East War Threatens to Send Crude Oil Prices into Uncharted Waters

The World Bank has issued a warning that if the IsraelHamas conflict escalates to a fullscale Middle East war like the one 50 years ago, oil prices co

The World Bank has issued a warning that if the IsraelHamas conflict escalates to a fullscale Middle East war like the one 50 years ago, oil prices could reach a record high of over $150 per barrel. This could be caused by supply shortages similar to the 1973 Arab oil boycott, raising the price of a barrel of oil from around $90 to a range of $140 to $157. Such an escalation could result in a dual energy shock, affecting the global economy not only due to the war in Ukraine but also from the Middle East conflict. The consequences could extend to higher food prices, potentially leading to widespread hunger. Read More..

B2B Tech News | 2 years ago          

The Dollar Business Brings Innovative Trade Solutions to UAE Companies

The Dollar Business TDB, a prominent global trade intelligence company, is excited to announce its expansion into the United Arab Emirates UAE. This m

The Dollar Business TDB, a prominent global trade intelligence company, is excited to announce its expansion into the United Arab Emirates UAE. This move represents a significant milestone for the company as it offers UAEbased businesses an accessible webbased tool to find foreign sellers, meet their purchasing needs through international shipments, and identify export opportunities. The tool also allows businesses to analyze their industry peers and competitors in the UAE, promoting transparency and efficiency through technology. Recognizing the UAEs growing economy and its strategic position as a global trading hub, The Dollar Business aims to provide an easytouse tool to empower businesses in their international trade endeavors. Read More..

B2B Tech News | 2 years ago          

Toyotas Robust Sales in North America and Europe Reflect Strong Demand

Toyotas global sales surged by 8.3% in the April to September period, reaching a record high of 5,596,183 vehicles. This impressive performance is att

Toyotas global sales surged by 8.3% in the April to September period, reaching a record high of 5,596,183 vehicles. This impressive performance is attributed to strong demand and improved supply conditions, putting the worlds largest carmaker on track for another successful year. During the first half of the fiscal year, global production also increased by 10% to reach a record of 5,738,126 units, including their subsidiaries Daihatsu Motor and Hino Motors. Notable sales growth was observed in Africa 22% and the Middle East 17%, with North America 9.4% and Europe 7% also showing positive trends. However, some parts of Asia, excluding Japan, experienced weaker sales due to economic slowdowns in places like Thailand and Indonesia. Read More..

B2B Tech News | 2 years ago          

Innovation in Online Shopping Fidelitys VR Platform and Retail Powerhouses Collaborate

An Australian VR company, Fidelity, founded by Jackson Meyer, is reshaping online shopping through a strategic partnership with prominent retailers, C

An Australian VR company, Fidelity, founded by Jackson Meyer, is reshaping online shopping through a strategic partnership with prominent retailers, Cotton On Group and Linen House. Following a successful capital raise, Fidelity holds a pending patent for their advanced VR shopping platform, positioning them as leaders in Australian tech innovation. They are the first in Australia to introduce an extensive virtual shopping experience, collaborating with top software developers to enhance the shopping experience on personal electronic devices. Emerging during the challenges of the pandemic, Fidelity addresses the growing demand for ecommerce experiences that replicate inperson shopping. Read More..

B2B Tech News | 2 years ago          

Microsoft Commits $100 Million to Fuel Generative AI Adoption Globally, Focusing on Japan

Microsoft and Amazon, two major American IT companies, have turned their attention to the expanding generative AI market in Japan. They are enticing b

Microsoft and Amazon, two major American IT companies, have turned their attention to the expanding generative AI market in Japan. They are enticing businesses to adopt their technologies by offering financial incentives. Microsoft, for instance, has allocated $100 million to support its global corporate clients, with approximately 40 percent of this earmarked for Japanese companies. These funds will be used to assist companies in implementing Microsofts generative AI program, covering expenses related to performance verification. Kimura Yasushi, a representative from Microsoft Japan, stated that the generative AI market is entirely new and holds significant potential in Japan. On the other hand, Amazon is providing a total of $6 million to support Japanese firms in developing their own generative AI programs using Amazons technology as a foundation. Read More..

B2B Tech News | 2 years ago          

Tech Industry Faces Backlash Over Gender Equality Impact of Office Mandates

The decision to scale back on flexible work arrangements in UK technology companies is undermining the strides made in promoting gender equality follo

The decision to scale back on flexible work arrangements in UK technology companies is undermining the strides made in promoting gender equality following the pandemic. A recent survey conducted by digital consultancy Nash Squared, involving 1,185 UK chief technology and information officers between June and September, sheds light on this issue. According to the survey published on Monday, the data reveals a stark contrast in the hiring patterns for women. This shift in hiring practices underscores the profound impact of flexible work policies on gender balance within the tech industry. Its evident that remote work options have become a crucial factor in attracting and retaining female talent, contributing to a more inclusive and diverse workforce. Read More..

B2B Tech News | 2 years ago          

Amazons AIEnhanced Product Images The Secret to Winning Over Holiday Shoppers

Amazons CEO, Andy Jassy, unveiled a holiday ad strategy that centers on Generative AI, leveraging data from their 160+ million Prime subscribers to en

Amazons CEO, Andy Jassy, unveiled a holiday ad strategy that centers on Generative AI, leveraging data from their 160+ million Prime subscribers to enhance ad targeting and promotions. They plan to attract more shoppers and advertisers by using AIdriven ads, fast shipping, and traditional discounts. Jassy emphasizes the importance of informed ad budgeting and highlights how generative AI enhances product images. While Amazon isnt the first to use AI in advertising, its vast scale is expected to drive broader adoption. Analysts anticipate Amazons holiday quarter ad revenue to increase to $14.2 billion from $11.56 billion in 2022, aided by AIgenerated images that encourage hesitant shoppers. Amazon Prime, which costs $14.99 per month or $139 annually, not only improves ad effectiveness but also results in more frequent customer purchases. 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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