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Big investment a European aircraft manufacturer opens a factory in Hungary

In Gyula, in southeast Hungary, Airbus opened a HUF 2.2 billion EUR 5.4 million helicopter parts factory. The 13,000 square meter facility will produc

In Gyula, in southeast Hungary, Airbus opened a HUF 2.2 billion EUR 5.4 million helicopter parts factory. The 13,000 square meter facility will produce highprecision metallic basic components for helicopter dynamic systems. For the Airbus family, the factory will be the only source of supply for these components. Speaking at the opening, the Minister of Technology and Industry László Palkovics referred to the plants acquisition of an EASA license as a historic moment and noted that not many countries have such a license. Read More..

B2B Tech News | 3 years ago          

Tech giants battle over content moderation in Southeast Asia

Content arbitrators like Meta and Twitter decide what gets to stay online and what gets to go. Southeast Asian tech companies must balance a fine li

Content arbitrators like Meta and Twitter decide what gets to stay online and what gets to go. Southeast Asian tech companies must balance a fine line, especially when dealing with political redlines. The former is under pressure from regional governments to censor statements deemed to be harmful to society. According to Vietnamese data, Facebook had a compliance rate of 90% in the first quarter of 2022, followed by Google at 93% and TikTok at 73%. Hanoi appears to want complete compliance and has imposed even higher requirements on the social media companies. It would be beneficial to create an independent thirdparty oversight board or an international arbitration council. Read More..

B2B Tech News | 3 years ago          

APOS Asian Convention Will Attract Executives From Hollywood Studios, Streamers, Big Tech and More

APOS, Asias influential media industry conference, will be held in Singapore in 2022. Keynote speakers include Netflixs head of content in APAC, Minyo

APOS, Asias influential media industry conference, will be held in Singapore in 2022. Keynote speakers include Netflixs head of content in APAC, Minyoung Kim. APOS aims to take the pulse of the global entertainment business in flux. Topics include the sustainability of streaming and the upcoming impact of the metaverse. Topics include the sustainability of streaming, the rapid growth of premium Asian content, the impending impact of the metaverse, the battle for sports rights, the scalability of premium AVOD, and more. Read More..

B2B Tech News | 3 years ago          

Singapore is the first source of FDI to India

Singapore has become the top source country in terms of Foreign Direct Investment FDI in India for the financial year 202122. India received the highe

Singapore has become the top source country in terms of Foreign Direct Investment FDI in India for the financial year 202122. India received the highest annual FDI inflows of $84.83 billion in FY22, surpassing last years FDI by $2.87 billion. The software and hardware sector recorded the highest FDI inflows in the past fiscal year. In India, foreign investments up to 100% are allowed in noncritical sectors through the automatic route, not requiring security clearance from the Ministry of Home Affairs MHA. The government has also implemented several reforms under the FDI policy regime across sectors such as insurance, defense, telecom, financial services, pharmaceuticals, retail trading, and ecommerce. Read More..

B2B Tech News | 3 years ago          

Development of new solutions for green energy

Lumos has patented a technology to produce green hydrogen, ammonia, fertilizer, electricity, and other raw materials from human and animal excrement.

Lumos has patented a technology to produce green hydrogen, ammonia, fertilizer, electricity, and other raw materials from human and animal excrement. Untreated sewage is a serious threat to human health. Lumos technology provides decentralized wastewater treatment for each region. Nigeria needs to do more to promote its talent. Otherwise, you will lose them when they are well cared for. It is an open secret that we can no longer depend on crude oil to become a competitive economy. Investments and developments in other technology sectors are essential to building a strong economy. Read More..

B2B Tech News | 3 years ago          

How MasterCard is changing the economy and creating a digital future

Mastercard has a mission to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, sm

Mastercard has a mission to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Khalid Elgibali, Division President Middle East, and North Africa at Mastercard explain how the companys innovations and solutions are helping individuals, financial institutions, governments, and businesses realize their greatest potential. We like to think of ourselves as a diverse endtoend technology company. Mastercard now dominates the digital wallet payments space, connecting telecom operators, mobile money platforms and banks. Mastercards partnerships in Egypt to help launch the countrys first interoperable payment wallet is a prime example. With this motivation, the companys future looks bright using technology to solve problems and protect against everchanging risks. Read More..

B2B Tech News | 3 years ago          

Aman launches securitization branch with first issue of $ 26.39 million in 3 months

Egypts Aman Group, one of the leading FinTech companies in the Egyptian market, has announced the establishment of Aman Securitization company. The Gr

Egypts Aman Group, one of the leading FinTech companies in the Egyptian market, has announced the establishment of Aman Securitization company. The Group also expanded into two new financing sectors, namely nanofinance, with a maximum of EGP 3,000 to support marginalized groups, and Islamic finance, which is very popular in Egypt. Ahmed ElKhatib, CEO and Managing Director of Aman Microfinance, said, Aman Microfinance is committed to helping small and medium enterprises thrive and maintain continuity in the face of crises and rapid changes in the business world, and to achieve sustainability. We also want to continue to develop and invest in these services to support the nonbanking financial sector and achieve financial inclusion. Hazem Moghazy, CEO and Managing Director of Aman Financial Services, said The Group is committed to providing a comprehensive platform for financial services to customers of all categories. Read More..

B2B Tech News | 3 years ago          

According to IBM, the average cost of a data breach for Canadian companies surveyed was $7 million

During the 12 months ending in March, the 25 Canadian companies that were compromised paid an average of $7 million per incident to recover. By estima

During the 12 months ending in March, the 25 Canadian companies that were compromised paid an average of $7 million per incident to recover. By estimation, the average value of the 550 companies surveyed worldwide was $5.5 million all in Canadian dollars. These figures are in the latest annual cost of data breach study by IBM and the Ponemon Institute, released today. The massive cost elements of a data breach are the cost of detection and recovery including finding affected systems and loss of business. ORegan said the increase in telecommuting since the pandemic was the latest factor in the data breach. Read More..

B2B Tech News | 3 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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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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