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Vedanta Resources urges Zambia to stop looking for a new KCM investor

In May 2019, the former government of Zambia placed KCM under the control of a liquidator, resulting in a legal dispute with Vedanta Resources. Vedant

In May 2019, the former government of Zambia placed KCM under the control of a liquidator, resulting in a legal dispute with Vedanta Resources. Vedanta was charged by the government with violating the terms of its licence, including the investment commitments it made. Vedanta has consistently denied violating the licenses terms. It has offered to increase its investment in KCM in exchange for regaining control of the company. On June 7, Celine Nair, the provisional liquidator for KCM, announced that the company would hire a consultant to help it find an equity investor willing to finance the mines expansion. Read More..

B2B Tech News | 3 years ago          

Judith Neilson stepped in through the institutes massive $10 million a year vanity project, sources say

Judith Neilsons plans for a massive vanity project was the final straw for the billionaire philanthropist, according to sources close to her family an

Judith Neilsons plans for a massive vanity project was the final straw for the billionaire philanthropist, according to sources close to her family and allies. The Judith Neilson Institutes executive director is negotiating his exit with lawyers after a falling out with Neilson and her allies on the board. The Australian Financial Review, Guardian Australias Pacific Project, and Ngaarda Media, a community radio station, were among the first recipients of the grants. Read More..

B2B Tech News | 3 years ago          

Arm Introduces New Chip Technology for Mobile Games

Arms Ltd, the British chip technology firm owned by SoftBank Group Corp, Tuesday, unveiled a group of the latest chip technologies. the newest product

Arms Ltd, the British chip technology firm owned by SoftBank Group Corp, Tuesday, unveiled a group of the latest chip technologies. the newest products are designs for graphics processing units, or GPUs, most frequently used for video processing in gaming. Customers like Apple Inc and Qualcomm Inc are reducing their dependence on Arm. More performance is required from developers to create these immersive realtime 3D experiences even more immersive and interesting. Read More..

B2B Tech News | 3 years ago          

Engineering Design Center Opened by L&T Technology Services in France

L&T Technology Services inaugurated its Engineering Design Centre EDC in Toulouse, France. The EDC will initially focus on developing cuttingedge solu

L&T Technology Services inaugurated its Engineering Design Centre EDC in Toulouse, France. The EDC will initially focus on developing cuttingedge solutions for the aerospace and defense industries. LTTS looking forward to hiring over 100 engineers in the next two years for the center. L&T Technology Services Limited LTTS is a listed subsidiary of Larsen & Toubro Limited, focused on Engineering and R&D ER&D services.LTTS global offering includes deep technical expertise and tailored digital technologies to support aerospace OEMs and Tier 1s. Read More..

B2B Tech News | 3 years ago          

NASAs CAPSTONE mission has been launched to the moon

A spaceship called CAPSTONE is the size of a microwave. It is working on a specific orbit in which NASA plans to build a small space station that can

A spaceship called CAPSTONE is the size of a microwave. It is working on a specific orbit in which NASA plans to build a small space station that can stop astronauts before and after the lunar surface. For this mission, NASA began the third phase of gradually increasing the height of the spacecraft in the next six days. At a distance of 2,200 miles from the North Pole and 74,000 miles from the South Pole, the spacecraft was stationary in this orbit around the Moon. Read More..

B2B Tech News | 3 years ago          

BHP owns 5.5% of new US copper listing

After a brief delay due to a sharp drop in copper prices around the world late last week, Ivanhoe listed on Tuesday. The largest copper explorer to li

After a brief delay due to a sharp drop in copper prices around the world late last week, Ivanhoe listed on Tuesday. The largest copper explorer to list on Wall Street in a while, Ivanhoe Electric, now has 5.5 percent ownership from BHP. The 1990s Canadian nickel project at Voiseys Bay helped Robert Friedland become famous and rich. He played a part in the discovery of the massive Oyu Tolgoi copper mine in Mongolia and the KamoaKakula copper mine in the Democratic Republic of the Congo, which Ivanhoe anticipates will rank third in the world for copper mining operations. David Friedland, a cofounder of Ivanhoe, also serves as executive chair of Ivanhoe Mines, a publiclytraded company. Read More..

B2B Tech News | 3 years ago          

China predicts that Bitcoin will be worthless

A Chinese Communist Partycontrolled newspaper made vague predictions about the worlds most popular cryptocurrency. Chinese Economic Daily has warned i

A Chinese Communist Partycontrolled newspaper made vague predictions about the worlds most popular cryptocurrency. Chinese Economic Daily has warned investors that the price of Bitcoin will fall to zero. China has been fighting cryptocurrencies since 2017. According to the Cambridge Alternative Financial Center, mining has resumed, with China accounting for about 22% of global mining. Read More..

B2B Tech News | 3 years ago          

TikTok should be removed from Apple and Googles app stores, according to the US FCC commissioner

A member of the U.S. Federal Communications Commission has asked Apple and Google to remove TikTok from their app stores over Chinarelated data securi

A member of the U.S. Federal Communications Commission has asked Apple and Google to remove TikTok from their app stores over Chinarelated data security concerns. The wildly popular short video app is owned by Chinese company ByteDance, which faced scrutiny under President Donald Trump. Brendan Carrs letter pointed to reports and other developments that made TikTok noncompliant with the two companies app store policies. He cited a report that said engineers in China had access to user data between 2021 and 2022. On June 17, TikTok announced it was routing all of its U.S. user traffic to Oracle Cloud Infrastructure. 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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