Lifeboat Foundation

At Samsung, we have a long tradition of supporting the health and vitality of our communities. Our company and our employees have generously given to schools, charitable causes and local institutions to address hometown needs across the United States. Our philosophy is simple – our business and employees thrive when our partners and communities thrive.

With nearly 20,000 employees spread across the U.S., our top priority remains to keep them and their families healthy and safe during this unprecedented time. This extends to the communities in which they call home.

Since the onset of COVID-19, we have worked to supply Samsung products and technology to aid frontline healthcare workers in local hospitals across New York and New Jersey. To assist school systems with their transition to remote learning, we have built on the 10 years of our Solve for Tomorrow program by expediting the delivery of nearly $3 million in technology and supplies to local schools across the country. We continue to support consumers with round-the-clock care at Samsung.com and have extended our product warranties for those impacted by COVID-19.

SALT LAKE CITY — Officials are still tallying, but the path of destruction left behind by last month’s 5.7 magnitude earthquake is racking up tens of millions of dollars in damage.

So far in Salt Lake County, inspectors have found the quake has damaged 107 government buildings — including dozens of schools — with early estimated costs hitting the $48.5 million mark, according to Clint Mecham, Salt Lake County Emergency Management division chief.

That’s not a final total — and it doesn’t even include homes and businesses.

Circa 2019

The world record for the deepest dive in history has just been broken by Dallas businessman and explorer Victor Vescovo, who plunged down 35,853ft into the Mariana Trench’s Challenger Deep—the deepest known point on Earth.

The depth achieved by Vescovo was 66 feet deeper than the previous record for a solo dive, held by film director James Cameron, who reached 35,787ft in 2012. The previous record for the world’s deepest dive (not solo) was 35,813ft, performed in 1960.

Continue reading “Meet Victor Vescovo, who just broke the world record by diving 35,853 feet into the deepest part of the ocean” »

We could essentially use deep learning to get to the theory of everything if we digitize all processes.

By Rajat Jain, SAP

No single technology can ever replace humans and their unique value. Yet, the addition of hyperautomation is opening a world of new possibilities for the strategic nature of the employee experience – turning highly manual, labor-intensive tasks into nearly no-touch, rules-based processes.

Continue reading “Hyperautomation: A Moonshot To Intelligent Processes” »

The Kenyan factory has achieved a great milestone through its ability to make 30,000 surgical masks daily which is a major turnaround from its initial garment making business. I am glad in the stimulus package money will be given to small business to make things needed to fight coronavirus instead of sourcing them outside. The economic investment will help the economy just as Clinton invested in small businesses.

Sarkis Tatigian joined the Navy in 1942. He’s been there ever since, until his death this week at the age of 96.

Tatigian — who first enlisted as a radio inspector at the now-defunct Philadelphia Naval Shipyard — went on to become the small business advocate at Naval Sea Systems Command. He had held that title since 1979, six years after he first became eligible for retirement. But he’d been working on the Navy’s small business programs since 1951, two years before the Small Business Administration even existed.

Even well into his 90s, Tatigian reportedly commuted to work at the Washington Navy Yard via public transit every day. When we last spoke to him in late 2017, he had only taken one vacation day that year.

Many companies have made strong commitments to support their employees, customers, suppliers and communities through what is perhaps the gravest global crisis since the second world war. And all at a time when they are themselves counting the costs of lockdowns and physical distancing.

Others have joined more directly in fighting the outbreak. Amazon is distributing coronavirus tests, Diageo is making hand sanitiser, while Formula 1 teams are designing ventilators.

But business has a powerful opportunity to go further and play a critical part in resolving the crisis — as well as in managing it — by helping fund the vital research that provides the only viable exit strategy that can bring the world back to business as usual.

He said many businesses would take the opportunity to ask the following question: What’s different about the way we are working now that has made us much more effective?

One of the CEOs said large businesses previously threatened by start-ups and disruptive new players could emerge from the crisis in a stronger position to compete because of the digitisation priorities imposed by the crisis.

Most of the CEOs who took part in the roundtable have operations overseas, including manufacturing operations, business process outsourcing, call centres and offshore IT centres.

Welcome to the twilight zone.

TOKYO (Reuters) — Spring graduation ceremonies in Japan have been cancelled because of the coronavirus pandemic, but students at one school were able to attend remotely by controlling avatar robots while logged on at home.

The robots, dubbed “Newme” by developer ANA Holdings, were dressed in graduation caps and gowns for the ceremony at the Business Breakthrough University in Tokyo.

Continue reading “Robots replace Japanese students at graduation amid coronavirus” »