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Asias Yokogawa Electric Corporation Strengthens Avelias SAF Initiative

Yokogawa Electric Corporation, based in Asia, has become the first industrial automation customer to join Avelia, a blockchain platform for sustainabl

Yokogawa Electric Corporation, based in Asia, has become the first industrial automation customer to join Avelia, a blockchain platform for sustainable aviation fuel SAF. Avelia, launched in 2022 with Shell and Accentures involvement, along with support from the Energy Web Foundation and American Express Global Business Travel, aims to boost the demand for SAF to support the aviation industrys goal of achieving netzero emissions. SAF, when used independently, can reduce carbon emissions by up to 80% compared to traditional fossil fuels and is a key element in decarbonizing air travel. Read More..

B2B Tech News | 2 years ago          

Anthology Plans to Outpace Industry Growth with New AI Solutions

Anthology, a USbased global edtech company with an R&D center in Chennai, aims to expand its footprint by acquiring new customers in existing areas, e

Anthology, a USbased global edtech company with an R&D center in Chennai, aims to expand its footprint by acquiring new customers in existing areas, entering new markets, and introducing new AI products. Bruce Dahlgren, Anthologys global CEO, highlighted the companys focus on AI products for higher education. They also plan to innovate for their current customer base. With engineering and product development teams in India, Anthology serves over 150 million users in 80 countries and has over 4,000 employees, with 1,200+ in India, including more than 300 in Chennai. They aim to outpace the 910% growth of the global edtech enterprise solutions market. Read More..

B2B Tech News | 2 years ago          

Intel Arc A580 Graphics Cards A GameChanger for 1080p Gaming

Intel has globally launched the Arc A580 desktop graphics, aiming to provide excellent gaming performance at 1080p resolution, esports titles, and med

Intel has globally launched the Arc A580 desktop graphics, aiming to provide excellent gaming performance at 1080p resolution, esports titles, and media capabilities. These graphics cards are designed for mainstream gamers and creators, offering features like ray tracing and Intel XeSS for better gaming experiences. They excel in memory bandwidth and offer hardwareaccelerated AV1 encoding and decoding, making them suitable for creators. The cards also have Intel Xe Matrix Extensions AI engines for various AI workloads. Read More..

B2B Tech News | 2 years ago          

Lenovos Tech World Makes a Comeback in Austin, Texas for its Ninth Year

Lenovo is hosting its annual Tech World event in Austin, Texas on October 2425, 2023. This marks the ninth year of the event and the first inperson ev

Lenovo is hosting its annual Tech World event in Austin, Texas on October 2425, 2023. This marks the ninth year of the event and the first inperson event since 2019. The theme is "AI for All," focusing on how Lenovo is shaping the future of AI products and services for both businesses and consumers. The event will feature a keynote from Lenovos CEO, Yuanqing Yang, discussing their AI strategies. They will also have prominent partners like NVIDIA and AMD participating. Lenovo will unveil their vision for various AIrelated areas, including models, solutions, infrastructure, and devices. Read More..

B2B Tech News | 2 years ago          

Liontowns Bold Leap After Albemarles Exit

To secure funding for its Kathleen Valley lithium project, which is expected to start producing lithium next year, Australian lithium producer Liontow

To secure funding for its Kathleen Valley lithium project, which is expected to start producing lithium next year, Australian lithium producer Liontown Resources has halted trade. This action comes after U.S.based miner Albemarle withdrew its $4.16 billion buyout offer due to "growing complexities." Gina Rineharts company Hancock Prospecting, which she controls, increased its stake in Liontown to 19.9%, potentially blocking the Albemarle offer. The capital cost of Liontowns project, estimated at A$951 million, will be paid for by completing a finance package, which is anticipated to include equity raising. Ford, Tesla, and LG Energy have supply agreements for the project. Read More..

B2B Tech News | 2 years ago          

IBM CEO & U.S. President Unite to Supercharge AI Innovation

In recent tech news, Arvind Krishna, the CEO of IBM, met with Joe Biden, the president of the United States, to set rules for deploying artificial int

In recent tech news, Arvind Krishna, the CEO of IBM, met with Joe Biden, the president of the United States, to set rules for deploying artificial intelligence. In parallel, seven working groups throughout India sent Minister Rajeev Chandrasekhar the first IndiaAI report. These occurrences demonstrate that the United States and India have similar goals for advancing AI. The CEO of IBM commended the administrations investmentfriendly, bipartisan policies and urged widespread adoption of AI deployment guidelines. According to Chandrasekhar, the IndiaAI study will act as a blueprint for the countrys AI ecosystem, advancing its ambition to become a dynamic enabler of the $1 trillion digital economy. Indias aspirational view of AI is reflected in this comprehensive strategy. Read More..

B2B Tech News | 2 years ago          

Rite Aid Files for Chapter 11 Amid Opioid Crisis Battle

Rite Aid filed for Chapter 11 bankruptcy on Sunday to be shielded from claims about the American drug problem. The action enables the pharmacy chain t

Rite Aid filed for Chapter 11 bankruptcy on Sunday to be shielded from claims about the American drug problem. The action enables the pharmacy chain to respond to legal claims and obtain $3.45 billion in fresh financing from lenders. Rite Aid has $7.65 billion in assets and $8.60 billion in total obligations. Elizabeth Burr, who had been acting as CEO, was replaced as the new CEO by Jeffrey Stein. Underperforming stores will be closed, and affected staff will be transferred, the firm plans. Rite Aid runs 2,000 shops in 17 states and is a defendant in cases relating to the opioid problem. It now joins a litany of businesses facing legal troubles relating to opioids due to this bankruptcy. Read More..

B2B Tech News | 2 years ago          

Ferrari Accelerates into Crypto Territory with Bitcoin

Due to consumer demand, Ferrari, a luxury sports car manufacturer, has started accepting cryptocurrency payments in the United States and intends to e

Due to consumer demand, Ferrari, a luxury sports car manufacturer, has started accepting cryptocurrency payments in the United States and intends to extend this service to Europe. Ferrari has responded to inquiries from its wealthy clientele, which includes knowledgeable traditional and crypto investors. While specific cryptocurrencies have become more energyefficient, Bitcoins mining still uses much energy. Ferrari will accept payments in Bitcoin, Ethereum, and USDC a stablecoin using BitPay as its cryptocurrency payment processor. Prices will not change, there will be no extra charges for cryptocurrency payments, and BitPay will convert Bitcoin for dealers into fiat money to prevent price swings. Early in 2024, the company intends to expand this payment option to Europe and other cryptoaccepting nations. 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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