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Category: business – Page 131

The metaverse will change the paradigm of content creation

Decentralizing talent

More than 50 million creators are driving their own economy of talent, attracting in excess of $800 million in venture capital. Such figures are but a shadow of what they can become later, as new venues are rapidly becoming available.

The development of blockchain technologies has resulted in a sweeping revolution across financial markets, empowering individuals instead of institutions and channeling ownership of data and funds to their holders. The qualities of the blockchain — immutability, full transparency and the trustless nature of operations — have permeated many industries, swooning the balance of business orientation from centralized corporate reliance to decentralization. This shift in the basic concepts that govern relations between participants to transactions, facilitated by smart contracts, has not gone unnoticed in the creator economy.

Get Ready For The Return-To-Office Showdown

After about three rounds of trying to get workers back to an office setting, this time it looks real. The uptick in Covid-19 cases caused the first foray into returning to headquarters to be pushed back. When things looked better, Delta and Omicron variant waves hit, forcing businesses to relent on their plans to get employees out of their homes and into cubicles.

Two years after the start of the pandemic, it looks like this time the executives will have their wish. Companies in all sectors—ranging from tech to Wall Street—are announcing their timelines for returning. The dominant style of work is the hybrid model, in which people will be asked to go to work for two or three days a week at their office and the rest of the time from home or wherever they so choose.

We will likely soon see a showdown. Many surveys over the last year or so showed that employees adamantly responded that they would rather quit than commute back to an office. It’s easier said than done. Saying something in a survey isn’t binding. You may have a preference of how you want to work, but it’s another thing to resign without another job lined up.

Teadicopter and Smart Shooter unveil the Golden Eagle — a groundbreaking RUAS with precision hit capabilities utilizing the SMASH technology

Steadicopter, a leader in the Rotary Unmanned Aerial Systems (RUAS) industry, and Smart Shooter, a world-class designer, developer, and manufacturer of innovative fire control systems that significantly increase the accuracy and lethality of small arms, have unveiled the Golden Eagle — the first-ever unmanned helicopter with precise hit capabilities. The two companies will present the solution at the ISDEF exhibition in Tel Aviv.

Based on the combat-proven Black Eagle 50E platform, the Golden Eagle incorporates AI-based technology and Smart Shooter’s SMASH Dragon system. The AI-based technology enables superior situational awareness and autonomous multi-target classification and tracking. The SMASH Dragon, a remotely-operated robotic weaponry payload, locks on the target, tracks it and ensures precise target hit. SMASH Dragon integrates a unique stabilization concept with proprietary target acquisition, tracking algorithms and sophisticated computer vision capabilities that allow accurate hitting of static and moving targets while mounted onto the Golden Eagle.

“Using artificial intelligence, the new system provides a field combat solution for the modern battlefield. Forces on the ground can now send a helicopter for autonomous intelligence gathering into the relevant area and, having identified and classified the targets, send in another helicopter with precise attack capabilities.”

Dr. Abraham Mazor, VP Marketing & Business Development at Smart Shooter: “Using AI, computer vision and advanced algorithms, Smart Shooter’s SMASH technology enhances every mission effectiveness through the ability to accurately engage and hit ground, aerial, and naval, either static or moving targets during both day and night operations. Our SMASH Dragon lightweight robotic weaponry payload can be deployed on different unmanned aerial platforms, and we are honored to collaborate with Steadicopter and jointly offer the Golden Eagle RUAS.”

The Silicon Valley fallout from waging economic war against Russia

As the U.S. corporate world continues its withdrawal from Russia due to the invasion of Ukraine, a growing stigma against anything Russian is reverberating in Silicon Valley as tech start-ups and venture capital firms reassess their exposure and limit risks.

DoorDash and GrubHub recently cancelled deals with now-shut U.S. food delivery start-ups launched by Russian founders. The Massachusetts Institute of Technology pulled out of a multi-year partnership with Moscow’s Skolkovo Institute of Science and Technology, while Index Ventures halted further deals in the country.

For Silicon Valley, the issues with Russian business run to the heart of immigrant founder-led culture and a global world of institutional investors that in recent years sought more access to top VC ideas.

Verizon secures contracts worth nearly $1 bln from U.S. defense department

March 16 (Reuters) — Telecoms giant Verizon Communications Inc (VZ.N) said on Wednesday it had secured new business worth almost $1 billion from the U.S. Department of Defense to provide technical support and network modernization services.

The deal includes contracts for services to the Pentagon, the National Capital Region (NCR) and Fort Belvoir at a combined value of $966.5 million.

Verizon will provide internet-protocol-based services, voice and video services and network-related support aimed at accelerating the department’s digital pivot.

Russia now faces critical digital crisis with only limited time left

The Russian government is now facing a digital storage crisis as Western cloud services have pulled their services from the country.

Western cloud storage providers have pulled out of Russia following heavy Western sanctions designed to cripple the Russian economy. According to reports, the Russian government is looking at several different ways to solve the problem of finding hosts for Russia’s data, and some of those solutions include leasing all available data storage across Russia or seizing all data storage from Russian businesses that have left the country.

The Hydrogen Stream: Universal Hydrogen builds manufacturing facility in the United States

Abundant fuel cell raw materials and renewables potential could add up to a green hydrogen economy in the Philippines, according to Jose Mari Angelo Abeleda Jr and Richard Espiritu, two professors at the University of the Philippines Diliman. In a paper published in this month’s Energy Policy, they explained the country is a latecomer to the sector and should develop basic and applied knowledge for training and research. The country should also establish stronger links between industry and academia, the report’s authors suggested. “The establishment of the Philippine Energy Research and Policy Institute (Perpi) is a move towards the right direction as it will be instrumental in crafting policies and pushing for activities that will usher for more private-academ[ic] partnerships for the development of fuel cell technology in the Philippines,” the scholars wrote. “However, through enabling legislation, a separate and dedicated Hydrogen Research and Development Center (HRDC) will be pivotal in ensuring that sufficient government and private funding are provided.” The authors reported progress in the production of fuel cell membranes but few developments towards large scale production, transport, and storage facilities. “The consolidation of existing renewable energy sources for hydrogen production can also be explored in order to ensure reliable and sustainable hydrogen fuel supply,” they wrote. “This is because the country will gain more benefit if it focuses more on the application of fuel cell technology on rural electrification via renewa[ble] energy-based distributed power generation, rather than on transportation such as fuel cell vehicles.”

Paris-based energy engineering company Technip Energies and Indian energy business Greenko ZeroC Private have signed a memorandum of understanding (MOU) to explore green hydrogen project development opportunities in the refining, petrochemicals, fertilizer, chemical, and power plant sectors in India. “The MOU aims to facilitate active engagement between the teams of Technip Energies in India and Greenko to step up collaborative opportunities on a build-own-operate (BOO) model – in which Greenko will be the BOO operator and owner of the asset and Technip Energies will support with engineering services, integration and EP/EPC [engineering and procurement/engineering, procurement and constructrion] – for pilot and commercial scale green hydrogen and related projects in India in order to offer economically feasible technology solutions to clients,” the French company wrote today.

The War in Ukraine Could Change Everything | Yuval Noah Harari | TED

Concerned about the war Ukraine? You’re not alone. Historian Yuval Noah Harari provides important context on the Russian invasion, including Ukraine’s long history of resistance, the specter of nuclear war and his view of why, even if Putin wins all the military battles, he’s already lost the war. (This talk and conversation, hosted by TED global curator Bruno Giussani, was part of a TED Membership event on March 1, 2022. Visit http://ted.com/membership to become a TED Member.)

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