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Russia is fining Google $ 360 million for Ukrainian content

A Moscow court has fined Google 21 billion rubles $ 360 million for not deleting information about Russias military intervention in Ukraine. According

A Moscow court has fined Google 21 billion rubles $ 360 million for not deleting information about Russias military intervention in Ukraine. According to experts, the fine is the largest ever imposed by a Russian court on a Western technology company. It is the largest fine ever imposed by a Russian court on a Western technology company, according to expert Vladimir Zhikov, quoted by the Russian news agency Ria Novosti. Roskomnadzor classified Google and YouTube as terrorist services in March and said they could be blocked from Russia, Twitter, Instagram, and many independent media outlets after military operations. Read More..

B2B Tech News | 3 years ago          

New Saudi Arabian leasing company AviLease has won a contract with Flynas for 12 A320neos.

This move is timely, as all signs indicate the airlines rapid growth and recovery. Saudi Arabias national aviation strategy aims to increase annual pa

This move is timely, as all signs indicate the airlines rapid growth and recovery. Saudi Arabias national aviation strategy aims to increase annual passenger traffic to 330 million by 2030 and connect Saudi Arabia to 250 destinations. AviLease has signed its first lease with lowcost airline Flynas. We plan to invest in stateoftheart aircraft so that airlines can operate the most fuelefficient and environmentally friendly aircraft. Read More..

B2B Tech News | 3 years ago          

Nigeria’s economy is reaping the benefits of realtime digital banking transformation, adding $ 6 billion to GDP by 2026

Nigerias realtime digital payments revolution is leading to unprecedented economic growth and financial inclusion in Africas largest economy. Realtime

Nigerias realtime digital payments revolution is leading to unprecedented economic growth and financial inclusion in Africas largest economy. Realtime transactions are estimated to increase to 8.8 billion per year by 2026, representing a 5year CAGR of 18.6%. This will help release another $ 6 billion in GDP by 2026. NIBSS Instant Payment NIP was launched in July 2011. The system is supported by all commercial banks, microfinance banks, and mobile currency operators. Online and mobile banking, bank branches, kiosks, mobile USD, POS terminals, and ATMs are all places where PINs can be used. Read More..

B2B Tech News | 3 years ago          

Cryptocurrency Crash Time to Buy the Dip?

Cryptocurrency appears to have undergone a protracted crash, with the market capitalization of all crypto assets falling from roughly $US3 trillion in

Cryptocurrency appears to have undergone a protracted crash, with the market capitalization of all crypto assets falling from roughly $US3 trillion in November 2021 to around $US900 billion. Some crypto lenders, including the USbased Celsius Network, resorted to freezing withdrawals as investors panicked amid the steep decline of stablecoin TerraUSD and its sister coin Luna. Moneysmart says there are no guarantees of returns, and that people should tread carefully when investing in such a volatile market and watch out for scams. The principle of buying down is based on the assumption that price declines are temporary deviations that correct themselves over time. Read More..

B2B Tech News | 3 years ago          

The Dutch central bank has fined cryptoexchange Binance $ 3.4 million for very serious violations

The Dutch central bank, De Nederlandsche Bank DNB, has fined Binance Holdings Ltd. 3.325 million euros $3.4 million for offering crypto services in th

The Dutch central bank, De Nederlandsche Bank DNB, has fined Binance Holdings Ltd. 3.325 million euros $3.4 million for offering crypto services in the Netherlands without registration. Binance has appealed against the fine and has now applied to register with the central bank. The central bank stressed that companies offering such services must register with it as mandated in the Money Laundering and Terrorist Financing Prevention Act. Read More..

B2B Tech News | 3 years ago          

US Customs introduces facial biometric matching technology in the Port of Baltimore

The U.S. Customs and Border Protection Service is beginning to use biometric facial recognition technology to monitor some people arriving in the port

The U.S. Customs and Border Protection Service is beginning to use biometric facial recognition technology to monitor some people arriving in the port of Baltimore. A federal agency has partnered with Carnival Cruise Line to expand its biometrics efforts to identify passengers in just two seconds, government officials said. Federal officials said manual screening is part of the requirements to enter the United States. Travelers in the U.S and some foreigners who do not have to provide biometric data and want to refuse the new biometric process may request manual verification of documents from their CBP representative. Read More..

B2B Tech News | 3 years ago          

Signing of a memorandum of understanding on the sale of gas with the Bulgarian company Overgas

On July 14, 2022, in Sofia, Bulgaria, Excelerate Energy, Inc. and Overgas, Inc. AD of Bulgaria signed a Memorandum of Understanding. The two parties w

On July 14, 2022, in Sofia, Bulgaria, Excelerate Energy, Inc. and Overgas, Inc. AD of Bulgaria signed a Memorandum of Understanding. The two parties will negotiate for Overgas to buy up to 1 billion cubic meters of regasified LNG from Excelerate every year for ten years or an affiliated entity. The two parties are anticipated to connect to the Southern Gas Corridor of Europes existing natural gas infrastructure by this MOU. Read More..

B2B Tech News | 3 years ago          

How China has become the zero point of the shortage of Auto chips

Kelvin Pang bought 62,000 microcontrollers, chips that help control functions, from car engines and transmissions to propulsion systems and electric v

Kelvin Pang bought 62,000 microcontrollers, chips that help control functions, from car engines and transmissions to propulsion systems and electric vehicle charging. Pang is now looking to sell car suppliers in Shenzhen, Chinas technology center, for $ 375 each. He said he turned down offers of $ 100 each or $ 6.2 million for the entire package. This is a large enough amount to fit in the back seat of a car. Semiconductors are used in all types of conventional and electric vehicles. Helps control everything from deploying the airbag to automating emergency braking. It is estimated that new orders through distributors will last an average of 49 weeks by 2023. 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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