Nikola, Electric Truck Manufacturer, Plans 23% Reduction in Workforce

Nikola Corp. is implementing layoffs and narrowing its focus on electric truck production in North America to conserve cash. The company will lay off 270 employees, which accounts for around 23% of its workforce. This includes 150 workers supporting European programs and 120 employees at sites in Arizona. The cuts are expected to reduce annual personnel-related cash spend by over $50 million, bringing the annual cash spend under $400 million by 2024. Despite the layoffs, Nikola’s shares experienced a 15% decrease, but saw a 1.7% increase in after-market trading. CEO Michael Lohscheller stated that the company is undertaking a more concentrated business plan focused on zero-emission truck production and its HYLA hydrogen business. Nikola has faced challenges following the indictment of its founder and former CEO, Trevor Milton, for federal securities fraud. The company has until November 20 to comply with Nasdaq’s minimum price rule and avoid delisting. Additionally, Nikola has struggled to secure enough votes to issue more shares. Delays or cancellations in production may occur if the proposal does not receive the necessary approval.

Meta claims that it is acceptable for 10-year-olds to use its VR headset, possibly

Meta is set to allow children as young as 10 to use its VR headsets, the Meta Quest 2 and 3, with parental consent. The tech giant claims that there are numerous engaging and educational apps and games for kids, although the debate on the impact of VR on children’s health continues. The new parent-managed Meta accounts will require parental approval, allowing parents to control which apps their children can use and set time limits. Users can find more information in the “family center” section of their accounts. Meta states that it will use data collected from 10- to 12-year-olds to provide an age-appropriate experience, without serving ads to this age group. Parents have the option to decide whether their child’s data can be used to improve the experience and can delete their child’s account and associated data. However, it remains to be seen if Meta follows through on this promise, given past incidents of other companies saving children’s data. It is up to each parent to decide if VR is suitable for their child, as there are limited independent studies on kids using modern headsets. Meta acknowledges the potential hazards of VR, such as the weight of the helmets on small children, eye strain, and nausea, but claims no evidence of harm. The potential blurring of a child’s “reality distinctions” is mentioned as a concern. Therefore, if parents choose to allow their children to use VR, they should communicate with their child and monitor the duration and intensity of their engagement with the technology, considering the risks highlighted by Meta.

Santiago: The Premier City of South America

[ad_1]

Santiago has become a popular destination and an ideal place to live, work, study, and invest. With its modernity, urban development, green spaces, and the charm of the Andes Mountains, the city offers a high quality of life.

In today’s world, where quality of life and urban development are increasingly valued, Santiago de Chile has been recognized as the second best city in Latin America, according to the “Inaugural City Index 2023” by Brand Finance.

This prestigious ranking evaluates various aspects of cities and places Santiago in a prominent position. The report analyzes factors such as the best place to live and work, study, retire, visit, and invest. Santiago de Chile has excelled in many of these categories and is known for its modernity, cosmopolitanism, and growth potential.

One of the city’s key strengths is its abundance of green spaces and leisure activities. Located at the foot of the majestic Andes Mountains, Santiago offers outdoor enthusiasts a range of activities including hiking, skiing, and adventure tourism. The combination of a vibrant metropolis and easy access to nature makes the city an attractive destination for those seeking a balance between urban life and the natural environment.

Claudio Orrego, metropolitan regional governor, expressed his delight at this recognition and emphasized that it is an honor for the Chilean capital to be included in the ranking alongside other important cities in Latin America. He credited this achievement to the collaborative efforts of the city’s residents, private sector, and different levels of the State. Orrego also highlighted the potential of the Andes Mountains for tourism, which presents a great opportunity to attract visitors and establish Santiago as a regional tourist hub.

Other notable cities

The Brand Finance ranking also mentions other prominent Latin American cities that follow Santiago on the list. Rio de Janeiro, Sao Paulo, and Buenos Aires are recognized for their urban competitiveness and dynamism.

This recognition not only fills the inhabitants of Santiago with pride but also strengthens the city’s position as an attractive destination for those seeking a high quality of life and for those looking to do business and invest in Chile. Santiago’s blend of modernity, cultural diversity, and a connection with nature set it apart as a unique city in the region.

[ad_2]

Source link

The Rise of Biometrics: How Fingerprint Scanning is Changing the Way We Authenticate

[ad_1]
In an era where technological advancements are rapidly transforming the way we live and work, one area that has witnessed significant growth and interest is biometrics. Biometric authentication, especially fingerprint scanning, has become increasingly prevalent, changing the way we verify and authenticate our identity.

Fingerprint scanning is not a new concept, it has been used for over a century for identification and forensic purposes. However, recent advancements in technology have made fingerprint scanning more accessible, accurate, and reliable than ever before. Gone are the days when fingerprints were only associated with crime scenes; now they serve a vital role in authentication across various industries.

So, what makes fingerprint scanning such an appealing authentication method? Firstly, fingerprints are unique to each individual, making them an excellent tool for identification. Unlike passwords or PINs, which can be easily forgotten or hacked, fingerprints are inherently personal and cannot be easily replicated. This uniqueness enhances security and mitigates the risk of fraudulent activities.

Moreover, fingerprint scanning offers convenience and speed, making it a preferred choice for many. Unlocking your smartphone or accessing a secure facility becomes as simple as placing your finger on a sensor, eliminating the need for remembering complex combinations of letters and numbers. This simplicity not only saves time but also reduces the frustration caused by forgotten passwords or PINs.

The rise of biometric authentication methods, such as fingerprint scanning, has also paved the way for enhanced user experiences. With the increasing inclusion of biometric scanners in smartphones, banking apps, and even airport security, users can easily and securely access their accounts or board their flights with a simple touch. This seamless integration not only saves time but also creates a more personalized and user-friendly interaction.

Beyond personal use, fingerprint scanning has found its way into various professional fields as well. In the medical industry, biometrics is revolutionizing patient identification, ensuring accuracy and reducing errors caused by manual record-keeping. Law enforcement agencies are using fingerprint scanning to identify suspects efficiently and ensure fair investigations. Even financial institutions are adopting this technology to strengthen security measures and detect potential fraudulent activities in real-time.

While the benefits of fingerprint scanning are clear, like any technological advancement, it also raises concerns over privacy and security. In a world where personal data is increasingly vulnerable, the collection of biometric data must be handled with the utmost care. Governments and organizations need to establish strict regulations to protect individuals’ biometric information and ensure that it is not misused or accessed without consent.

As biometric authentication continues to gain momentum, it is crucial to strike a balance between convenience and security. Biometric technology companies must invest in research and development to enhance the accuracy and reliability of their devices while implementing robust encryption and protection measures to ensure data privacy.

The rise of biometrics, particularly fingerprint scanning, is revolutionizing the way we authenticate our identities. The convenience, security, and personalization it offers make it a go-to choice for individuals and organizations alike. As long as privacy concerns are addressed and security measures are strengthened, the integration of biometrics will undoubtedly continue, further shaping the future of authentication.
[ad_2]

Netmaker’s $2.3M Seed Pitch Deck: A Sample Presentation

In a world where remote workers and other users need access to networks and various other use cases, Netmaker offers a solution for creating and managing VPN connections without a steep learning curve. TechCrunch previously reported on Netmaker’s seed round announcement. The company’s pitch deck, which raised $2.3 million, has been submitted for review.

The deck consists of 14 slides, with certain sensitive data redacted and clearly marked. The slides cover the following topics: cover slide, problem, vision, solution, market size, product, how it works, traction, product evolution, go-to-market, road map, competition, team, and closing.

Three notable aspects of the deck include its focus on traction, simplicity in explaining how the product works, and a clear vision for the future. Netmaker showcases impressive traction, although some metrics may be seen as vanity metrics that don’t necessarily translate into customer growth. The “How it works” slide provides a basic understanding of the product, although screenshots of the actual setup process could provide more insight. Additionally, Netmaker presents a bold vision for the future of the industry, even if it may be ambitious.

Overall, Netmaker’s pitch deck effectively communicates key information while keeping it accessible. However, there are areas where improvement or alternative approaches could be considered.

Pharma Giant Granules India Targeted in Ransomware Attack by LockBit

LockBit, a Russia-linked ransomware group, has admitted to attacking Granules India, a major Indian pharmaceutical company, and has released some of the stolen data.

According to a listing seen by TechCrunch, Granules India was recently added to LockBit’s dark web leak site as a victim of their ransomware attack.

Although Granules India has not confirmed the attack, they did disclose a cybersecurity incident to Indian stock exchanges last month. They stated that the affected IT assets were isolated and that they were actively investigating and addressing the situation.

Granules India did not respond to requests for comment, and TechCrunch informed the Indian Computer Emergency Response Team (CERT-In) about the incident prior to publishing the article.

Established in 1984, Granules India is one of the largest pharmaceutical manufacturers in India. They produce common off-patent drugs and have over 300 customers in more than 80 countries.

In the last quarter, Granules India reported a 7.8% increase in profit. However, their shares closed slightly lower on Thursday.

LockBit has become one of the most widespread ransomware variants globally since 2022, according to a joint advisory by the U.S. Federal cybersecurity agency CISA and international counterparts. The group was first observed on Russian cybercrime forums in January 2020.

LockBit has recently targeted various well-known tech companies, including Accenture, Foxconn, Advanced, Royal Mail, and others. They have also targeted government entities such as the California finance department and the Los Angeles housing authority.

According to the joint advisory, LockBit has extorted approximately $91 million in ransoms through around 1,700 attacks on U.S. victims since 2020.

Volkswagen Selects Chile as the Launchpad for its Debut Electric Vehicle in Germany

[ad_1]

During his visit to Chile, Alexander Seitz, Executive Chairman of VW South America, shared the company’s plans for the country. These plans include increasing vehicle sales in Chile and entering the domestic electric car market starting next year. Seitz emphasized the importance of the Chilean market for VW, ranking second only to Brazil. The executive also mentioned the company’s goal of reaching a market share above 5% in the long term. To achieve this, VW is analyzing the electric vehicle market and considering launching the ID.4, their electric SUV, in Chile in 2024. Seitz believes that the progress of electromobility in Chile will be faster than in Brazil due to the existing charging infrastructure and the government’s focus on electromobility. He expressed confidence in the Chilean economy and stated that VW will continue its long-standing relationship with the country. For more information on investment opportunities in Chile, refer to the article provided.

[ad_2]

Source link

Chile’s Quantum Leap: The Successful Launch of FASat-Delta Satellite

Chile’s aerospace history marked a new epoch-making milestone with the successful launch of the FASat-Delta satellite. The launch, carried out from the Vanderberg Base in California, ushers in a new era in the national space field, enabling the country to develop its own capabilities for the manufacture of microsatellites, storage, processing, and distribution of geospatial information. This capability will be useful to both the academic field and public institutions that require it​1​.

The FASat-Delta, a high-resolution satellite co-owned by Fach and ISI, was launched into orbit on Monday afternoon aboard SpaceX’s Falcon 9 rocket from the United States Space Force base. After a successful launch, the satellite uncoupled from the capsule that carried it. The FASat-Delta, a satellite platform developed by the Israeli company ImageSat International (ISI) and the American company Tyvak, will be placed in a low orbit (LEO: Low Earth Orbit) of 550 km. The satellite is classified in the range of small satellites (SmallSat), weighing in at 90 kg​1​.

The FASat-Delta is designed for shared use with the company ISI. It will significantly complement Chile’s sovereign capacity to access information from space. During each day of operation, Chile will have the capability to acquire images from across the globe. This vital feature is part of the SNSat project, under which FASat-Delta is part of a constellation that includes the progressive addition of 13 new satellites. These systems will increase and diversify the information that Chile can gather from space. The data collected may have applications across various fields, including both the civil sphere and National Defense​1​.

The potential applications and benefits of the FASat Delta are vast, including:

  • Agriculture studies
  • Strategies for climate change
  • Disaster monitoring
  • Information for observing the planet
  • Satellite communications
  • Obtain images in better quality and greater quantity
  • Water resources monitoring
  • Expedite the search and rescue of missing people
  • Space services​1​.

The successful launch of FASat-Delta represents the first significant milestone of the new National Satellite System (SNSat), a key part of the National Space Program in which different institutions and academia participate. This achievement marks an important step for Chile as it continues to explore the vast potential of space technology and its implications for the country’s future​1​.

Read more articles

Exploring the Future of Smart Home Devices: How Natural Language Processing Enhances In-Home Automation

[ad_1]
As technology continues to advance at a rapid pace, so does the concept of the smart home. Imagine a world where your home is fully automated, responding to your every need and preference. Thanks to the emerging field of natural language processing (NLP), this scenario is swiftly becoming a reality.

In-home automation has already gained considerable popularity, with devices such as smart thermostats, voice assistants, and security systems becoming commonplace. These devices make our lives more convenient and efficient, allowing us to control various aspects of our homes with simple voice commands or through smartphone apps. However, as impressive as these advancements are, there is still significant room for improvement.

This is where NLP comes into play. NLP is a branch of artificial intelligence (AI) that focuses on the interaction between human language and computers. It enables machines to understand, interpret, and respond to human language in a natural and meaningful way. By integrating NLP into smart home devices, we can take automation to a whole new level.

One of the key benefits of NLP in the context of smart homes is enhanced communication and interaction. Instead of having to rely on specific commands or limited interactions, NLP allows for more natural and conversational interactions with our devices. For example, instead of saying “turn off the lights in the living room,” we can simply ask, “hey, can you dim the lights in here?” The device, equipped with NLP capabilities, understands the context and responds accordingly.

Moreover, NLP can enable improved personalization and customization in smart home automation. By understanding the nuances in our language and preferences, devices can adapt to our individual needs and provide tailored experiences. For instance, if we say, “I’m feeling a bit chilly,” the thermostat can not only adjust the temperature but also offer suggestions for cozy activities like playing soft music or turning on the fireplace.

Security and privacy are also areas where NLP can have a significant impact. With more advanced language processing capabilities, devices can better understand and validate user identities, reducing the risk of unauthorized access to our smart homes. Additionally, NLP can be used to filter and categorize the information collected by these devices, ensuring that only relevant and necessary data is stored, protecting our privacy.

Another exciting application of NLP in the smart home sector is the ability to predict and automate actions based on context. By analyzing patterns in our speech and behavior, devices can anticipate our needs and proactively perform tasks without explicit instructions. For instance, if we often ask to play relaxing music before going to bed, the device can automatically initiate that action at the appropriate time, saving us the effort of repeating the same command every night.

However, it is important to address the challenges that come with integrating NLP into smart home devices. Language is complex, with various dialects, accents, and idioms that can pose difficulties for accurate understanding. Additionally, ensuring user privacy and data security is a critical concern that needs to be carefully addressed.

In conclusion, the future of smart home devices is promising, and natural language processing is at the forefront of this evolution. By enabling more natural and personalized interactions, NLP enhances in-home automation, making our lives more convenient, efficient, and enjoyable. As technology continues to advance, we can expect further improvements in this field, bringing us closer to the fully automated and intelligent homes of our dreams.
[ad_2]

Discover the Cutting-Edge Industrial Robotics of Tomorrow at Disrupt’s Hardware Stage

Robotics investments were showing positive trends before 2020, but the pandemic significantly increased investor interest as more companies sought to automate work. Manufacturing has been automated for many years, and the pandemic also led to a surge in labor shortages and the adoption of warehouse/logistics robotics.

With labor shortages persisting, investors see great potential for growth in a new wave of industrial robots in sectors that have yet to be fully tapped. Agtech, construction, and healthcare are all promising areas.

We are pleased to have Claire Delaunay, advisory board member of Farm-ng, Tessa Lau, founder and CEO of Dusty Robotics, and Andrea Thomaz, CEO of Diligent Robotics, joining us on the Hardware Stage at TechCrunch Disrupt 2023. The event will take place on September 19-21 in San Francisco.

During a panel discussion, these leading roboticists will share insights on the latest advancements in agtech, construction, and healthcare. Building robust robotics systems is notoriously challenging, particularly when it comes to scaling and product deployment. They will discuss the challenges they face in these areas. In addition, they will discuss how the pandemic, supply chain issues, and labor shortages have impacted their strategies for company growth and securing funding.

Claire Delaunay is an experienced robotics and engineering professional who has worked on groundbreaking projects at Nvidia, Otto, and Google Robotics.

Tessa Lau is an award-winning CEO and roboticist who is revolutionizing the construction industry with Dusty Robotics. She was previously involved in automation projects at Savioke Robotics and Willow Garage.

Andrea Thomaz, CEO and co-founder of Diligent Robotics, is a recognized expert in social robotics. She has received numerous accolades for her work in the field.

More discussions with experts can be found on the Hardware Stage, which covers topics such as robotics, consumer electronics, and space. This is one of the six new stages at Disrupt, each focusing on a breakthrough sector.

Join the global startup community at TechCrunch Disrupt 2023, taking place on September 19-21 in San Francisco. Buy your pass now and save up to $625.

GM’s BrightDrop Expands Commercial EV Delivery Beyond US Borders

BrightDrop, a subsidiary of General Motors that specializes in electric delivery vans, has successfully completed its first delivery outside of the U.S. On Wednesday, the company delivered 50 BrightDrop Zevo 600 electric vans to FedEx Express Canada as part of a larger order of 2,500 Zevo EVs.

The introduction of BrightDrop’s vans aligns with FedEx’s goal of transitioning its entire fleet to electric vehicles by 2040. The Zevo 600 model from BrightDrop is specifically designed for last-mile deliveries and boasts an estimated range of 250 miles. FedEx already has around 400 Zevos in operation in Southern California.

FedEx Canada’s initial fleet of BrightDrop vehicles will be visible on the streets of Toronto, Montreal, and Surrey, as they deliver packages. FedEx has also announced plans to install charging infrastructure across its Canadian facilities.

The assembly of these vehicles took place at GM’s CAMI Assembly plant in Ontario, which began production in December 2022. GM invested approximately $750 million ($1 billion CAD) into the plant, with expectations of producing 50,000 Zevo vans annually by 2025. In addition to the Zevo 600, GM is also manufacturing a smaller version known as the Zevo 400.+

FedEx is just one of several major commercial partners for BrightDrop. The company has received over 30,000 reservations and letters of intent from customers including Walmart, Hertz, Verizon, and most recently Ryder.

Rivian, a competitor in the e-delivery van market, began deploying its vans in the summer of 2022, with around 3,000 units already delivered to Amazon according to the e-commerce giant’s blog. Amazon has plans to have 100,000 Rivian vans on the road by 2030. In their first-quarter earnings report, Rivian reaffirmed their goal of producing 50,000 units this year, including their R1S pickup truck and R1T SUV.

Codelco to Take Charge of Lithium Negotiations in the Atacama Salt Flat

[ad_1]

Corfo, the Chilean economic development agency, has presented a formal document to Codelco, the state-owned copper mining company, officially designating it as the State’s representative in future lithium mining contracts. This move aims to kickstart the implementation of the National Lithium Strategy, which was introduced by President Gabriel Boric in April. In a meeting between senior executives from Corfo and Codelco, the initiation of proceedings was formalized, allowing the Chilean State to directly participate in lithium production operations in the Atacama Salt Flat. Corfo, as the owner of the lithium deposits in the area and the organization responsible for promoting the development of lithium mining for the benefit of local communities and the country, has set out the minimum conditions for future lease agreements. These conditions will require approval from Corfo’s board of directors and relevant administrative and regulatory authorities. José Miguel Benavente, Corfo’s Executive Vice-President, emphasized that existing contracts will be upheld as long as the lithium reserves remain under Corfo’s control and are extracted through lease agreements. He also stated that the negotiation process with companies currently operating in the Atacama Salt Flat or other interested parties represents an opportunity to meet President Boric’s goal of the State’s involvement in lithium mining operations before the current lease agreements expire. Codelco’s Chairman, Máximo Pacheco, announced that the company will enter into negotiations to establish public-private partnerships that ensure continuity in lithium mining activities beyond 2030. As a state-owned company, Codelco intends to hold a majority share in these partnerships. Pacheco emphasized the strategic importance of lithium mining for both the company and the Chilean State, as it positions Codelco as a leading producer of vital minerals for the global energy transition. The minimum conditions outlined by Corfo for future lease agreements include maintaining the State’s benefits, enforcing environmental and community relations requirements, supporting R&D financing and scientific-technological cooperation, and providing preferential prices on lithium products to companies engaged in value-added operations in Chile. These conditions aim to safeguard the State’s interests, promote sustainable development, and uphold environmental standards.

[ad_2]

Source link

Wearable Technology Revolutionizing the Future of Health and Fitness

[ad_1]
Technology has had a huge impact on our everyday lives, and the advancement of wearable technology has now revolutionized the health and fitness industry. Wearable technology can accurately track our physical activity, monitor our heart rate and provide real-time information about our health.

The popularity of wearable technology has grown exponentially in recent years, and whether you’re a fitness enthusiast or just looking to lead a healthier lifestyle, there are a variety of devices available to suit your needs. Fitness trackers such as Fitbit and Apple Watch have become must-have accessories for many people, providing comprehensive information about our exercise routine, calorie intake and sleep patterns.

As well as being great for tracking our progress in the gym, wearable devices have the potential to revolutionize healthcare. With the increasing prevalence of chronic diseases such as diabetes and heart disease, wearable technology can help patients monitor their symptoms and manage their conditions more effectively. For example, the ECG app on the Apple Watch Series 6 can detect irregular heart rhythms, potentially helping to prevent serious health issues such as strokes or heart attacks.

Wearable technology can also help individuals take a more proactive approach to their health, allowing them to catch potential health issues before they become serious. For example, the Oura Ring gathers data on a wearer’s sleep patterns, body temperature, heart rate and respiratory rate, providing insight into their overall health and wellbeing. This data can be used by healthcare professionals to identify potential health issues and develop personalized treatment plans.

One of the most exciting advancements in wearable technology is the ability to collect data to analyze our mental health. With mental health issues on the rise, wearable devices can help us manage our stress levels, monitor our mood and provide insight into our mental health. Devices such as the Spire Stone and the Muse headband use guided meditation and breathing exercises to help users manage their stress and improve their mental wellbeing.

As wearable technology continues to advance, the possibilities for its use within the health and fitness industry are endless. From tracking our workouts to managing chronic conditions and monitoring our mental health, wearable technology is set to revolutionize the way we approach our health and wellbeing.
[ad_2]

Europe moves one step closer to finalizing an AI rulebook

The European Parliament has reached a significant milestone by confirming its negotiating mandate for the AI Act, enabling the next stage of negotiations towards a pan-EU rule book for artificial intelligence. MEPs have backed an amended version of the Commission’s proposal that expands the rule book to ensure that AI developed and used in Europe is fully in line with European Union rights and values, including human oversight, safety, privacy, transparency, non-discrimination, and social and environmental well-being. MEPs have added a total ban on remote biometric surveillance and predictive policing, as well as a ban on untargeted scraping of facial images from the internet or CCTV footage to create facial recognition databases. The proposed ban on remote biometric surveillance would apply to both real-time and post applications of technologies like facial recognition, except for law enforcement for the prosecution of serious crimes with judicial sign-off. Other measures include a ban on the use of emotional recognition tech by law enforcement, border agencies, workplaces, and educational institutions and classification of high-risk AI systems that pose significant harm to people’s health, safety, fundamental rights, environment, and used to influence voters. The plenary vote shows overwhelming support among parliamentarians for the amended version of the draft legislation with 499 votes in favour and 28 against. The Council, a body comprised of Member States governments, has already adopted its position on the file. Nevertheless, there is an impetus in Brussels to get this file over the line given how much global attention is now fixed on regulating AI.

NOBO Selected to BizWest Mercury 100 List for 2023

[ad_1]

Boulder, CO, June 14, 2023 –(PR.com)– NOBO, a leading vertically integrated multistate cannabis operator, today announced that it made BizWest’s Mercury 100 list of the fastest-growing companies in Colorado for 2022. The Mercury 100 event hosted by BizWest took place on June 8th where the fastest-growing private companies in Boulder County and Northern Colorado were honored for their continued growth over two years in their respective industries. As the only cannabis company to make the list, NOBO was recognized for its continued expansion with 667% revenue growth between 2020 and 2022.

Compiled by BizWest’s research department, the Mercury 100 list is ranked by percentage revenue growth over a two-year period. The 100 companies are divided into 5 “flights” with a total of 10 companies per flight; flights are based on total annual revenue. The 10 companies in each of the five flights are then ranked by their percentage of revenue growth over a two-year period, with the top five in each flight being introduced at the Mercury 100 event.

“NOBO is truly honored to make the Mercury 100 list this year. We set out to build a company that redefines the cannabis industry and paves the way as more states legalize cannabis. Our goal is to create the highest quality of products and deliver them to the broadest range of consumers. We cultivate to exacting standards which our customers recognize. This award demonstrates our success in building a foundation for many years to come,” states Alan Bonsett, CEO at NOBO. “Boulder County and Colorado continue to be known as the leaders in how to develop and grow cannabis companies that shape the industry while playing a part in the communities in which we operate.”

Out of the 10 competing companies in the top category, NOBO was ranked number one with 667% growth between 2020 and 2022, which is an outstanding accomplishment. The growth for NOBO is attributed to attention to detail and being able to take advantage of new market opportunities in very competitive and regulated markets. The passion to take customer feedback and produce sought-after products contributed to NOBO’s rapid revenue acceleration and shows no signs of slowing down.

[ad_2]

Source link

Indonesian Companies Can Integrate Embedded Finance on Their Platforms with Finfra.

Indonesian startup, Finfra, has secured $1 million in funding from investors including DSX Ventures, Seedstars International Ventures, Cento Ventures, Fintech Nation, FirstPick, BADideas Fund and Hustle Fund. The funding will be used for product development and to expand Finfra’s engineering, data and finance teams. The firm, which offers tech infrastructure to facilitate embedded finance products for B2B and B2C applications on a white-label basis, works with digital supply chain platforms, agritech companies, and merchant e-commerce platforms. The firm’s loan management system allows businesses to offer credit to users through their platforms. According to CEO Markus Prommik, Finfra saves businesses from spending millions of dollars to develop the technology, acquire lending licences and build a team, with clients able to offer embedded finance within weeks via the firm’s APIs.

Woman-Owned Travel Business Prepares to Launch New Product as the Travel Industry Sees Steady Growth in 2022

[ad_1]

Boise, ID, September 12, 2022 –(PR.com)– Borsali, a travel product brand, opened their doors in 2019. On the company’s one year anniversary in March of 2020, travel was shut down due to COVID restrictions. The company continued to market their existing products to new and existing outdoor enthusiasts. They also added a product (paper hand soap) that could be used while camping, hiking, or in local businesses at a time when everyone was conscious of keeping their hands extra clean.

In 2021 as restrictions were slowly being lifted, Borsali started seeing increased sales and then in 2022 sales were up over 400% from the previous year.

The founder said, “We were so excited to know that travel lovers were ready and anxious to get back out there and re-book their vacations and trips!” She also spoke about how passionate Borsali is about their customers’ overall experience from the moment they begin packing their bags to the day they come home, “Our company is dedicated to helping travelers spend more time enjoying their vacation and less time packing and digging through their bags. We have learned the last few years that every moment is precious and that it should never take more than a minute to find what you need in your luggage.”

Borsali’s newest product, the lightest weight travel bottles, had been put on hold and it is now ready to be released. “We are very excited for our upcoming launch as well as the continued health of the travel industry. We wish everyone that loves to travel to have amazing experiences in the world.”

Borsali is a woman owned business located in Idaho, you can contact them for more information by email, travelwithus@borsali.com or by visiting the website www.borsali.com.

[ad_2]

Source link

Google grants 3,500 scholarships in Chile.

[ad_1]

Google is offering 3,500 scholarships in its Career Certificates program to promote technological skills and generate job opportunities in Chile’s digital sector. The courses, such as IT support, data analysis, project management, and user experience design, provide skills necessary to succeed in the digital labor market, with 50% of the scholarships aimed at women. The scholarships will be awarded along with Digital Talent, a public-private initiative integrating companies, training institutions and government organizations. Google’s expansion of scholarships shows its commitment to developing digital talent in the country and to labor inclusion for women and young people. No prior experience is necessary to receive a scholarship, which will be available until June 14, 2023, via the online learning platform, Coursera. Google’s investment in Chile offers new opportunities and improves quality of life, contributing to Chile’s development as a digital hub in Latin America.

[ad_2]

Source link

The Emergence of Edge Computing: Revolutionizing Data Analytics

[ad_1]
Edge computing has emerged as a promising technology that is transforming the way we process, analyze, and manage data. Its significance lies in the fact that it is a distributed computing architecture that enables real-time data processing at the edge of the network, rather than in centralized data centers.

Traditionally, data has been processed in centralized data centers, which involves transferring data from the edge of the network to the data center for processing and analysis. This approach not only results in network congestion, but also increases latency, which can negatively impact the performance of applications and services that rely on real-time data processing. Moreover, this approach has limitations when it comes to processing data from Internet of Things (IoT) devices, which generate massive amounts of data that require real-time analysis, such as in smart cities, autonomous vehicles, and industrial automation.

Edge computing addresses these challenges by enabling data to be processed and analyzed at the edge of the network, closer to the source of the data. This approach reduces network congestion and latency, which improves the performance and reliability of applications and services that rely on real-time data processing. Moreover, edge computing enables data to be processed and analyzed locally, which reduces the need to transfer data to centralized data centers for processing and analysis, which reduces costs and improves the efficiency of data management.

One of the areas where edge computing is transforming the data analytics landscape is in the area of machine learning. Machine learning algorithms are used to extract insights from large data sets in real-time. However, running machine learning algorithms on large data sets requires significant computational resources, which can be a challenge for centralized data centers. With edge computing, machine learning algorithms can be run locally, which reduces the need for transferring data to centralized data centers, improving the speed and efficiency of machine learning algorithms.

Another area where edge computing is revolutionizing data analytics is in the area of predictive maintenance. In the industrial sector, predictive maintenance is critical for ensuring that equipment is running efficiently and that downtime is minimized. Edge computing enables real-time monitoring of equipment, enabling predictive maintenance algorithms to be run locally, improving the efficiency of predictive maintenance.

In conclusion, the emergence of edge computing is transforming the data analytics landscape, enabling real-time data processing and analysis at the edge of the network. With edge computing, machine learning algorithms can be run locally, improving the speed and efficiency of machine learning algorithms. Moreover, edge computing enables real-time monitoring of equipment, enabling predictive maintenance algorithms to be run locally, improving the efficiency of predictive maintenance. As more data is generated and analyzed in real-time, edge computing will become an indispensable part of the data analytics infrastructure.
[ad_2]

A new Beatles song was created by Paul McCartney using AI.

Paul McCartney has made a new Beatles song using artificial intelligence (AI) and plans to release it this year. The song is based on an old demo recording of John Lennon’s vocals taken from a cassette recording that was made in Lennon’s New York City living room just before he died. The AI technology used for this project separated and cleaned up the vocals of the various Beatles members from background noise, allowing high-quality reproduction. McCartney expressed some skepticism about AI-generated music that sounds like original John Lennon recordings, but also said it’s exciting because it represents the future.