After directing its spin-off from Warner Bros. to create the new Warner Bros. stock. Discovery (WBD), AT&T (NYSE:T) finds himself again on his own. The stock fell after the release of second quarter results, largely due to a reduction in its free cash flow forecast. A cut in dividends hasn’t helped either, although the stock is still yielding 6%. The stock trades for just over 9x free cash flow, but any money after the dividend will likely go to paying down debt for many years. In light of the expected lag in cash returns, the stock is actually not trading as cheaply as it looks.
Stock price T
T had a tough year even though it’s not a tech title.
I last wrote about T in March, where I explained why I considered the stock to be sellable before the WBD spin-off. The stock has generated total returns of 4% since then, but I still view the stock as devoid of compelling reasons to buy, even today.
Key AT&T Stock Metrics
T’s latest quarter saw surprising subscriber strength, though that didn’t necessarily lead to bottom line strength, as adjusted EPS barely rose to $0.65 per share.
T added 813 postpaid subscribers and 316 fiber subscribers during the quarter.
T was also able to increase the average revenue per mobility user by 1.1% to $54.81.
In general, T has been able to maintain stronger ARPU growth in its broadband division (which makes sense, I’m sure many readers can relate to the constant increases in internet prices).
T left his outlook virtually unchanged, although he cut his free cash flow forecast from $16 billion to $14 billion.
This shortfall was explained as being mainly due to the increased timing of collections from consumers. There still remains the question of how T expects to honor even the reduced advice. While T has only generated $4.2 billion in free cash flow so far, it expects to hit $14 billion by the end of the year due to the fact that it loaded its capital investment, which led to a decline in capital investment in the second half. of the year.
T continues to expect $24 billion in capital investment this year as well as $24 billion in capital spending in 2023. What drove the stock down?
I suspect it was due to comments on the conference call implying that it may not be able to achieve the previously guided $20 billion free cash flow next year, although they reiterated at previous quarter. Sure, inflation and macro headwinds are taking their toll on the market, but I doubt many T investors were expecting this disappointment just months after the previous quarter.
T ended the quarter with debt of $131.9 billion, or a debt-to-adjusted EBITDA ratio of 3.2x. Management has indicated that its priority is to reduce debt to 2.5 times debt to EBITDA. The annual dividend of $1.11 per share is expected to consume about $7.9 billion in cash flow per year. Based on an annual free cash flow of $16-20 billion, T might need 5 years to resize its balance sheet.
Is stock T a buy, sell or hold?
Following the WarnerMedia split, it cut its annualized dividend to $1.11 per share. This puts the stock at a dividend yield of 6%. I suspect many investors are looking to ample free cash flow instead – T is trading at an 11% free cash flow yield. A bullish investment thesis might be: collect a well-hedged 6% dividend yield while waiting for the company to repay its debt. Once the company aligns its leverage with its 2.5x target, it can aggressively increase its dividend or buy back shares. The stock would potentially offer multiple expansion much sooner in anticipation of increased returns for shareholders.
While I can respect the simplicity of this thesis, I remain skeptical. Based on the many acquisitions over the past decade (DirecTV and Time Warner stand out), it’s clear that T’s management team might have issues with “simple capital allocation.” As a former shareholder of T myself, I remember that management had made promises before about reducing leverage. T originally thought he could reduce leverage to 2.5x debt to EBITDA by 2018, but leverage is 3.2x debt to EBITDA. ‘EBITDA 4 years later, even after waiving much of its debt to WBD. This is a case where management background gets in the way of what should be a clear thesis. Additionally, I wonder if the rise of 5G will negatively impact the broadband business, leading to some cannibalism in this line of business. The broadband business has historically helped offset slow growth in mobility to accelerate overall growth rates – this is a tail risk that makes the 11% return on free cash flow quite justified. Nonetheless, the stock is by no means expensive with an immediate dividend yield of 6% and potential for increased returns for shareholders several years from now. Perhaps it’s a name investors should keep an eye on, to see if debt-to-EBITDA ratios continue to fall and only buy later as the prospects of aggressive share buybacks emerge. . For now, I am rating the stock as a buy as the valuation is unconvincing in the current environment (I continue to favor growth stocks after the tech crash) and there are few catalysts to justify a multiple expansion.
There is a need to restrict crypto apps that “disrupt the overriding forces of regulation,” says Shark Tank host and millionaire venture capitalist Kevin O’Leary, who argued that Tornado Cash and similar services prevent real capital institutional to enter the space.
In adiscussion On Crypto Banter on Saturday, O’Leary, also known as Mr. Wonderful, suggested that apps like Tornado Cash, an Ethereum-based crypto mixer, are part of a “crypto cowboy” culture that shouldn’t have a place in the industry.
Instead, O’Leary opines that crypto needs a “rules-based environment” in order to attract real institutional capital into the digital asset industry, and much of that regulation must eradicate protocols like Tornado Cash, which allows users to transact anonymously and therefore potentially engage in criminal activity.
During the chat, O’Leary did not back down on his opinion regarding the arrest of Tornado Cash creator Alexey Pertsev, stating:
“At the end of the day, there’s nothing wrong with stopping this guy. Why? It plays with the overriding forces of regulation […] If we have to sacrifice it, that’s okay, because we want to have some stability in that institutional capital. »
The venture capitalist said that if institutional interest in the digital asset industry continues to grow, “they won’t touch it while the crypto cowboys ride the fence.” O’Leary pointed out that “until we get rid of this shit” there will be no “stability in […] institutional capital”, but he believes that the industry is slowly but surely eliminating the “cowboys”:
“I think we’re getting to that stage now. Maybe we’re in the third or fourth innings towards that, but I’m sick of this crypto cowboy bullshit. I want to get involved in a regulated place where we can bring billions of dollars to work. I don’t need to be a crypto cowboy, and I don’t want to be one because I work in the regulated world.
But O’Leary’s opinion runs counter to the sentiment of many in the space. The US government’s sanctioning of the Ethereum-based privacy tool last week has angered many influential crypto figures who have championed the need for basic privacy rights on decentralized networks.
Gnosis co-founder Stefan George was one of those who championed Tornado Cash, indicating that the protocol brings “much-needed privacy” to Ethereum and that writing open source software should be recognized as “an expression of freedom of expression.”
3/ The Tornado Cash team is incredibly talented and has brought much needed privacy to Ethereum. Hopefully everyone will again recognize that writing software is an expression of free speech and that technology is neutral.
Lead attorney for Chainlink developers, Patrick Collins, also said that the decision to remove Tornado Cash’s GitHub account is “much worse than sanctioning a website” because the code is speech and in doing so the US Treasury violates the First Amendment to the US Constitution.
It’s MUCH worse.@TornadoCash Github accounts and the codebase have been completely removed.
This is much worse than just sanctioning a website.
Code is speech, so we’re potentially violating the First Amendment.
Ethereum educator Anthony Sassano shared in a Tweet to his 218,000 followers that he was temporarily banned of the decentralized finance (DeFi) lending protocol AAVE, after his address was blacklisted for receiving 0.1 Ether (ETH) from an anonymous person via Tornado Cash. Sassano went on to note that “the main conclusion I have come to from recent events is that Ethereum is of greater concern to governments/nation states than Bitcoin.”
I think the main conclusion I have come to from recent events is that Ethereum is of more concern to governments/nation states than Bitcoin.
The implications of this will define the next few years for this industry.
Related: Tornado Cash Co-Founder Reports Being Kicked From GitHub As Industry Responds To Sanctions
Last week, the Dutch financial crime authority, the Fiscal Information and Investigation Service (FIOD), arrested a 29-year-old Tornado Cash developer on suspicion of being involved in money laundering via the protocol.
According to a Dutch regulator, more than $7 billion has passed through Tornado Cash smart contracts since its inception in 2019. US Treasury sanctions came after new claims that the protocol had been increasingly used for money laundering activities.
India’s aviation regulator, the Directorate General of Civil Aviation (DGCA), has issued a new set of guidelines for airport operators to verify incidents of plane collisions with birds and other animals following such incidents recently.
DGCA guidelines state that aerodrome operators are required to deploy a wide range of methods and techniques to minimize wildlife-aircraft collisions, including conducting routine patrols in random patterns, informing pilots whenever there is wildlife activity, regular monitoring to spot dangerous wildlife. , and to record and monitor wildlife and bird movement data.
Regular monitoring of buildings and other infrastructure for nests and roosts as well as regular pruning to get rid of dense growth have been recommended.
The DGCA also requested a monthly report from aerodrome operators on the measures taken.
Also read: Go First Flight makes emergency landing in Coimbatore due to ‘false alarm’
The circular, entitled: “Management of potential dangers to wildlife at approved aerodromes”, states: “The activity of birds and animals in and around an aerodrome is a potential source of danger for the safety of the operation of aircraft and the possibility of collision between an aircraft and birds/wildlife Wildlife strikes pose a significant threat to flight safety and have caused a number of accidents and incidents in India.
There have been various bird strike incidents over the past few weeks. On August 4, the Go First flight to Chandigarh returned to Ahmedabad on Thursday after being hit by a bird.
On June 19, an engine of a Delhi-bound SpiceJet plane carrying 185 passengers caught fire shortly after taking off from Patna airport and the plane made an emergency landing minutes later. The engine malfunctioned due to a bird strike.
Aircraft rules prohibit the dumping of trash and the killing of animals that may attract wildlife within 10 km of an airport.
“On the airfield, the main objective is to bring about a change in the behavior of wildlife so that they do not enter the critical safety zones where the aircraft operates. Habitat management is probably the method most important to prevent or reduce wildlife strikes on and around an aerodrome Modifications to the aerodrome habitat/environment to eliminate or exclude food, water and shelter can limit the attraction of birds and other wildlife to the airfield,” he said.
Airports must have a procedure for monitoring and recording data on wildlife movements, he said. Airports should also have a procedure for notifying pilots “in response to any significant concentration or activity of wildlife both on and near the airport”, he said.
Routine patrols are central to the wildlife risk management program, he said. Patrols should be carried out in random patterns rather than a regular route so that wildlife does not learn or become accustomed to the timing of patrols, he added.
Airport operators have been advised to establish a procedure to notify pilots if there is a significant concentration or activity of wildlife in or near an airport. Trail safety inspections will need to be carried out at the same time as other wildlife risk management patrols.
The regulator has issued two means – passive and active management – to control this problem which worsens during the monsoon when wildlife activities increase and “pose a serious threat to the operational safety of airfields. Most wildlife incidents occur during a critical phase of flight, resulting in structural damage to an aircraft”.
The story so far: On August 10, the Reserve Bank of India (RBI) instituted a framework to regulate the digital lending landscape in the country. He pointed to concerns such as unbridled third-party engagement, mis-selling, breach of data privacy, unfair business conduct, charging exorbitant interest rates and unethical clawback practices that disturb consumer confidence and said they needed to be mitigated. The latest set of regulations is based on recommendations received from its “digital lending, including lending via online platforms and mobile applications” (WGDL) working group, which was constituted last January.
What does the digital lending landscape look like?
Digital lending uses automated technologies and algorithms for decision making, customer acquisition, disbursements and collections. Not only does this reduce costs, but also ensures quick disbursement.
Loan Service Providers (LSPs) partner with Non-Banking Financial Companies (NBFCs) who extend credit (or a line of credit) to the customer using the former’s platform, making it a non-banking platform. multifaceted form. In order to solidify their presence in a space with multiple peers, LSPs often resort to reckless lending practices by extending credit beyond a borrower’s ability to repay. The risk is mitigated by spreading it across all users by charging higher interest rates.
The lack of standardized disclosure and regulatory standards made it difficult to assess a participant’s operational legitimacy. Between January and the end of February last year, there were around 1,100 lending apps available for Indian Android users, of which around 600 were illegal. They were either not regulated by the RBI or had NBFC partners with an asset size of less than ₹1,000 crore, which raised doubts about its operability.
The space is largely dominated by NBFCs. Its clientele includes in particular small borrowers without a documented credit history and therefore not served by traditional financial institutions. As for their usefulness, it lies mainly in short-term loans of up to 30 days, constituting around 37.5% of the overall product mix, compared to 0.7% for banks, according to the WGDL. .
What are the new regulations?
The central premise is transparency. Loans must be made by entities that are either regulated by the RBI or licensed to operate under relevant law. Given the widespread outsourcing in the industry, this would also help combat regulatory arbitrage.
The RBI required that all loan disbursements and repayments be executed directly between the bank accounts of the borrower and the entity. Thus, it eliminates the presence of a nodal pass-through or pool account from the LSP.
Now, before executing the contract, lenders should inform the borrower in a standardized format of all fees, charges as well as the annual percentage rate (APR). The latter refers to the annual rate charged to borrow a loan and includes processing fees, penalties and all other fees associated with it. It would also help borrowers make better comparisons with their industry peers. In addition, FSLs cannot increase the credit limit of their customers without their prior consent.
Additionally, to address the need for a dedicated resolution framework, entities should appoint a grievance officer. The ecosystem would also fall under the jurisdiction of the RBI’s Integrated Ombudsman Scheme (RB-IOS) if the complaint is not resolved within 30 days of receipt.
Will data also need to be regulated?
Read also | Instant digital loan apps become an easy trap for cheating and harassment
This regulation would also address concerns from TechFin (companies that are primarily providers of technology-based services, e.g. e-commerce, and also offer financial services). They are known to leverage their existing user data from non-financial businesses to offer more tailored financial services, which may involve third parties and vice-versa.
What is the outlook for the industry?
The share of digital lending may be small at present, but given their scalability, they could soon become big players. The implications here can have a ripple effect on the entire financial system. Krishnan Sitaraman, Senior Director and Deputy Director of Ratings at CRISIL, said The Hindu“We will have to see what kind of changes digital lenders make to their operating models in light of new regulations, how this affects the fees they charge, the speed of their disbursements, or how they continue to provide a seamless experience. to their customers.”
On the potential challenges of rising inflation, interest rates and their impact on credit growth in general, he said: “With economic activity picking up at a decent pace post-pandemic and our expectations for GDP growth of 7.3% this fiscal year, we expect demand for lending across the credit ecosystem to be higher this fiscal year despite inflation and higher interest rates.”
The country’s electrical grid is one of the greatest and most underrated engineering marvels of the modern era. It is also outdated, prone to failure, and at increasing risk of physical and cyber attacks.
Modernizing the electricity grid will not be cheap or easy, but it must be a national priority. The United States is risking the health of its citizens, the future of its communities, and the health of its economy without bold and broad action to improve our electrical infrastructure.
The electrical system—actually three systems that serve the eastern United States, western United States, and Texas—is nothing short of remarkable. The United States Energy Information Administration reports that it depends on “7,300 power plants, nearly 160,000 miles of high voltage power lines and millions of low voltage power lines and distribution transformers, which connect 145 million of customers”.
It’s fascinating to contemplate, yet few Americans spend much time thinking about the how and why of the electricity reaching their homes. They flip a switch and the lights come on. The bill comes and they pay it.
That such a large and complex machine continues to operate with few noticeable disturbances is astounding. But when these outages do occur, rare as they are, they often cost lives as they usually leave customers in extreme weather conditions.
Consider, for example, what happened in Texas when a severe cold front swept through the state in early 2021. Pipelines froze, turbines shut down, 4.5 million homes lost power. electricity and up to 700 people died.
Or remember the North East blackout of 2003 which saw 50 million people without power for two days. It was caused by a high voltage wire that sag from the heat and hit a tree branch outside of Cleveland, Ohio.
In May, the North American Electric Reliability Corporation warned that the country could experience more frequent power outages this summer, predicting a high risk of outages in the upper Midwest and a region from southern Missouri to Louisiana, and a risk moderate blackouts west of the Mississippi River.
There are many reasons for this, including the effects of climate change, changes in federal and state energy policies, and concerns that supply can no longer keep pace with demand for electricity, especially as Americans are reducing their consumption of fossil fuels.
The best opinion content of the week and the opportunity to participate in a weekly question on a subject that affects our region.
But deteriorating equipment – for generation, transmission and distribution – contributes to the problem. A power grid that relies on old technology and hasn’t kept pace with innovation is inefficient and not resilient enough to withstand both growing demand for electricity and more frequent threats.
The grid upgrade could cost up to $2 trillion in total, but even if that sum were available, it would require unprecedented cooperation between power companies, elected officials and independent regulators, among other parties. stakeholders.
Last year, the White House and Congress paid a down payment on network upgrades, including billions for improvements to the bipartisan infrastructure bill. The Department of Energy announced a “Building a Better Grid” initiative earlier this year, which includes loan funding for power companies investing in modernization.
One can’t help but notice the increasing number of annual power cuts and the increasing number of extreme weather events and wonder if even this surge, welcome as it is, will come too late to avoid widespread disruptions in the years to come.
Updating, modernizing and protecting the electricity grid will require considerable funding. As with natural disasters, the country will pay upstream, through investments, or downstream, as power outages and disruptions cripple communities, disrupt commerce and harm citizens.
But, more than anything, it must be front and center in the minds of voters and public servants. It must be at the heart of our discussions on energy and natural security.
Most people don’t think about the current until it goes out. But without a concerted effort to upgrade the network — and do it quickly — Americans will have plenty of time to sit in the dark to consider the importance of modernization.
The growing threat landscape has caused companies to rethink how they manage business processes such as onboarding and offboarding. These processes can be cumbersome and time-consuming for a business – and the risk is real. Insider threats from disgruntled employees leaving are more than an IT problem. It’s a matter of business.
And business leaders see the importance of cybersecurity in situations like integration and disintegration. According to a recent Gartner Survey:
“Eighty-eight percent of boards of directors (BODs) view cybersecurity as a business risk, as opposed to a technology risk.
It is no longer enough to secure your technology, your team must now secure the processes around this technology.
Keep reading to learn how your team can use security automation platforms to improve employee onboarding and onboarding.
What is onboarding automation? Automation of boarding?
Onboarding automation is used to streamline the necessary tasks and documentation that occur when an employee starts working at your company. This includes creating accounts, setting up email software, setting up proper permissions, and even creating access badges for building entrances. The goal of automating the onboarding process is to ensure that each new employee is onboarded in the most efficient and secure manner possible.
On the other hand, onboarding automation speeds up the exit process when an employee leaves. Accounts should be locked down, access restricted and data protected. Offboarding automation protects company data from intentional or unintentional leaks. Automating the onboarding process is a surefire way to ensure all details are tied to departing employees.
Manual security vs. automated boarding/disembarking
When your team approaches integration and disintegration manually, the risk of human error increases. Gaps in the employee exit process — caused by limited visibility, manual processes, and weak access controls — put businesses at risk of data leakage. This risk can have a negative impact when employees with elevated access credentials leave the organization or when they transfer to competing companies.
Here are some of the common challenges with manual onboarding/removal:
Increased risk of human error
Late response when an employee leaves
Lack of visibility into employee access and permissions
Higher risk of miscommunication between departments
Automating boarding and boarding is completely different. You can include your HR system in the automation loop so that the security team is aware of new hires and departures. When an employee leaves, they trigger a set of processes and access controls to prevent data leaks.
SOC analysts gain visibility into the applications and systems that departing employees have access to. Access can be automatically revoked as part of the offboarding checklist.
In the event of a disgruntled employee, low-code automation facilitates real-time collaboration on insider threat use cases.
How to Use Security Automation for Integration and Deintegration
As soon as the offer letter is signed or the resignation letter is received, it’s time for the automation to start.
Include HR actors in the automation loop to know when an employee leaves
See which applications or systems employees have access to
Automatically revoke access controls on employee’s last day
Investigate and collaborate on insider threat cases
Build a system of record for all insider data risks
Advantages of Automated Onboarding and Boarding
Low Code Security Automation Platforms help SOC analysts by automating mundane and repetitive tasks. Security managers can optimize their team’s performance without increasing workload or team size. Benefits also include:
Save more time: 80-90% of employee onboarding and departure processes can be automated. SOC analysts can regain time spent on tedious, error-prone tasks to triage high-level alerts.
Harnessing institutional knowledge to reduce risk: low-code security automation brings business intelligence to enrich data. Bring HR, legal, and managers into the automation loop to insert business logic that can prevent data leaks.
Protect future profits: Low-code security automation can be a check-in system for security teams. Investigate insider risks and validate your security controls in one place. This helps prevent leaks of source code, customer lists, and regulated data, which saves future profits.
Save money with automated deprovisioning: Avoid the costly mistake of deferred deprovisioning of your SaaS tools. Automate IT onboarding processes to ensure this manual step is never missed.
Low-Code Security Automation Tools for Integration/Elimination
Looking to automate your security integration and disintegration processes? Low-code security automation is a smart choice. Swimlane Turbine combines the power of high-code and the accessibility of no codes for the best of both worlds. It’s a fierce security defense that allows anyone to be an automaton.
A sweeping climate and energy bill that includes a dramatic overhaul of the national electric vehicle tax credit program has received final congressional approval and is on its way to the White House for signing. of President Biden.
The Cut Inflation Act of 2022 Clean Vehicle Tax Credit program is both more inclusive and more restrictive than the current program, which offers up to $7,500 in tax credits. The new program continues the credit, but with a different rollout and eligibility requirements.
“The $7,500 credit may exist on paper, but no vehicles will qualify for this purchase for the next few years,” John Bozzella, chief executive of the Alliance for Automotive Innovation, said in a statement.
The industry group estimated that 70% of electric and plug-in hybrid vehicles eligible for the existing tax credit would lose their eligibility in 2023 under strict battery content rules and vehicle price caps.
“Almost all of our vehicles would not be eligible for incentives” until the company’s low-cost models are introduced several years from now, said James Chen, vice president of public policy at electric truck maker and Rivian. of SUVs. Its initial models, though built in the United States, start at more than $100,000, more than 25% above the measure’s price cap for trucks.
Lots of limits
Here are the price limits for qualifying cars and trucks and the income limits for buyers who want the $7,500 credit:
Eligible cars cannot have an MSRP above $55,000. MSRPs of qualifying trucks, vans and SUVs cannot exceed $80,000.
The income limits for new vehicle buyers are $300,000 for those filing joint federal income tax returns, $225,000 for heads of household and $150,000 for individual filers.
Vehicles must be assembled in North America to qualify, and the credit applies to vehicles built after December 31, 2022.
As battery content restrictions become even more restrictive after 2023, no EVs may be eligible for the credit in a few years unless manufacturers adjust prices, build factories to assembly in North America and find new approved sources for their battery materials.
Here’s more information about the new plan that sets tough new restrictions on where battery materials for electrified vehicles come from and where qualified vehicles can be assembled:
An eligible vehicle’s battery must contain certain levels of critical minerals, such as lithium, from North America or one of the countries with which the United States has free trade agreements. Minimum acceptable levels start at 40% – by cost – in 2023 and increase by 10% per year until reaching 80% in 2027.
Non-mineral battery components in qualifying vehicles must be sourced from North America or free-trade countries, at increasing levels starting at 50% by cost in 2023 and reaching 100% in 2029.
While the new program makes it harder for today’s electric and plug-in hybrid vehicles to qualify for the tax credit, it also increases the number of automakers whose vehicles might qualify and broadens the definition of vehicle types. who may be eligible.
Companies like General Motors and Tesla, which hit the 200,000 sales threshold in 2018, are eligible again as they remove the cap. Now the credit is applied at the time of sale, not at tax time. It also sets the tax credit for all eligible new vehicles at a fixed maximum of $7,500 rather than basing it on battery size as with the current program.
The program transforms today’s “plug-in vehicle” credit into a more comprehensive “clean vehicle” credit, opening it up to fuel cell electric vehicles and future alternative fuels that could compete with battery electric power.
It also establishes credits for used electric vehicles and other qualifying clean vehicles, a first.
For clean used vehicles, the tax credit is equal to 30% of the price of the vehicle, with the amount of the credit not exceeding $4,000.
Eligible used vehicles must be purchased from a dealer, must be priced at $25,000 or less, must be purchased by an individual (not a business), and must be at least 2 years old at the time of purchase. purchase.
The income limits are $150,000 for joint filers, $112,500 for heads of households and $75,000 for single filers.
Clean used vehicles are not required to meet new vehicle country of origin requirements.
It also clarifies that buyers who have a binding written contract for the purchase of an eligible vehicle — signed before the president signed the new law — can claim a tax credit under the current program’s rules even if the vehicle will not be delivered until the new rules take effect.
Most automakers will be impacted, at least in the early years of the program. Until a vast new North American supply and manufacturing base is established, consumers will find fewer new clean vehicles on the market that qualify for the tax credit.
The program is complex and not all details have been ironed out – the measure gives regulators until the end of 2022 to fill in the blanks.
But it’s clear that consumers interested in electric vehicles will initially see fewer models with tax credits that lower their cost.
Their battery contents could change things, but depending on where they’re assembled and their price, here’s which of 72 models eligible today might qualify in 2023 under the new rules:
The 10-year program ends on December 31, 2032. By then, many industry analysts believe electric and other clean vehicles will have achieved the economies of scale needed to make them competitive with vehicles. internal combustion engines by or before that date and will no longer need financial incentives to attract consumers.
Teslas accounted for 70% of all electric vehicle sales in the United States in 2021 without eligibility for the tax credit to help it and could do even better with restored eligibility. But many Teslas are priced above the maximum established in the new program – only the Model Y small crossover and the base version of the Model 3 sedan would be eligible.
Most GM-qualified vehicles, on the other hand, are priced to qualify under the new rules — the massive GMC Hummer EV and Hummer electric pickup truck are exceptions.
Toyota’s qualifying models, including its Mirai fuel cell sedan, are all under the price caps, but none are assembled in North America, one of the new requirements.
Build it here
Proponents acknowledge that the plan will initially reduce the number of vehicles that will qualify for a tax credit, which many EV proponents believe will hinder momentum.
But the restrictions are necessary, say proponents, to encourage the development of a North American electric vehicle supply chain and ultimately to eliminate dependence on foreign countries, particularly China. , for essential minerals needed to produce batteries and electric motors.
Many of the major producers of these minerals, particularly nickel, cobalt and manganese, are not approved sources under the new program, and only two of the four major lithium-producing countries are approved.
Passing the measure sets the U.S. on “…an ambitious path to reducing emissions that embraces domestic manufacturing and technological innovation that makes us all better,” the Zero Emissions Transportation Association said. in a Twitter post after the bill was narrowly approved by the Senate on August 7.
President Biden has said he will sign the Cut Inflation Act, which includes the electric vehicle tax credit plan. He cleared the Senate on a 51-50 vote to the party line, with the vice president casting the deciding vote. The bill passed the House Friday on a vote of 220 to 207 along party lines.
UCT’s Teaching and Learning Framework builds on previous versions that have helped the university navigate teaching and learning during the COVID-19 pandemic. The university will, among other things, maximize face-to-face teaching for undergraduate programs to improve student participation. The postgraduate programs, which are varied in nature, will be guided by a set of teaching and learning framework principles that encourage interaction, flexibility and security.
2. The Vice-Chancellor goes on sabbatical
The Vice-Chancellor, Prof. Mamokgethi Phakeng, will begin a five-month sabbatical from September 1, 2022 to February 2, 2023. During this period, she will be absent from campus and official duties. The responsibility to act as Vice-Chancellor will be shared between the three Deputy Vice-Chancellors of UCT and the Chief Operating Officer. This will be Professor Phakeng’s first sabbatical since joining UCT and the second in her professional career.
3. UCT and GESDA competitions
UCT and the Geneva Science Diplomacy Anticipator (GESDA) are inviting young people aged 30 or under to submit ideas to win an all-expenses-paid trip to the 2022 GESDA Summit in Geneva. All competition requirements are now available on the UCT GESDA competition webpage. Entries must be submitted by 12:00 p.m. on Friday, August 19, 2022, SAST. This competition is open to everyone, you do not need to be a UCT student or staff member. Now is the time to use the science of the future to shape our present. UCT and GESDA welcome your creative, disruptive and innovative ideas.
4. SWS will host Wellness Drive
The Student Welfare Service (SWS) of the Department of Student Affairs will hold a Health Promotion and Awareness Campaign, popularly known as Wellness Drive, in the upper campus plaza from August 25-26 between 9:00 a.m. and 3:30 p.m. on both days.
On Saturday August 27, a Run/Walk4Mental Health will be organized around the UCT rugby pitch.
The Wellness Campaign will offer HIV counseling and testing, wellness screening with health education, mental health self-help counseling, women’s health, support for gender-based violence and many other health and well-being interventions.
5. Conference Funding Application Workshop
The South African National Conventions Bureau (SANCB) will be holding an application workshop on Friday, August 19 at LT3, Level 2, Kramer Law Building in the middle campus.
Staff who organize national, regional or international conferences; staff members of learned societies; and staff of international associations are invited to attend.
Topics to cover include:
Funding and support offered by SANCB for bidding and hosting national, regional and international conferences.
National Learned Societies Applicant Assistance Program Criteria.
The SANCB will provide planners/academics with free support on all aspects of successfully attracting, organizing and hosting regional and international conferences in South Africa.
A light lunch will be provided and participants will receive a small gift of appreciation.
SANCB is a business events unit within South African Tourism. Its primary role is to market and promote South Africa as a business event destination. The SANCB has a number of financial and non-financial support services which are available to academic institutions and associations wishing to attract regional and international conferences to South Africa. This involves working with scholars affiliated with international and/or regional associations to attract conferences linked to these associations to be held in South Africa.
Over the past few months, the Futures Think Tank has held imaginings and workshops with over 300 stakeholders, including primary school students, university students, academics and community members in Cape Town. The purpose of these sessions was to build partnerships and invite new ideas on what the restored Jagger Library should look like, in the spirit and energy of Vision 2030.
7. Public Consultation on UCT Spatial and Infrastructural Development Framework
The first draft of UCT’s Integrated Development Framework was prepared in 2013/2014 at the request of the National Department of Higher Education and Training, which required the submission of a “University Campus Master Plan” as guide to capital spending in the next five years. 20 years.
Students, staff, alumni, neighbors and all interested and affected parties are now encouraged to contribute. The deadline for public comment is 23 August 2022. Comments on the land use management application can be submitted to the City of Cape Town, while comments on the heritage process can be submitted to the university.
8. UCT Open Textbook Award Nominations
There are only a few days left until nominations close for the UCT Open Textbook Award 2022 on August 15, 2022. Nominations can be submitted either by open textbook authors or by a third party. The UCT Open Textbook Award aims to encourage innovation in teaching and learning, recognize the efforts of authors of open textbooks, and promote the creation and reuse of open educational resources. The UCT Open Textbook Award is social justice-focused and aims to recognize activities that support the university’s transformation efforts.
A two-vehicle accident left one driver seriously injured and the other driver, suspected of being impaired, behind bars.
Spokane County Sheriff’s Office deputies responded shortly after 8 a.m. to the crash on Bruce and Peone Roads, according to a news release from the sheriff’s office.
Deputies said Jacqueline M. Gregory, 60, was driving a Dodge Ram north on Bruce Road, and a man was driving east on Peone Road in a Ford Fiesta.
A witness told deputies that the Dodge failed to stop at the stop sign before colliding with the Ford. The witness estimated the speed of the Dodge at 45 mph.
The driver of the Ford was taken to hospital with serious but not life-threatening injuries, the statement said.
Gregory was medically cleared in hospital before being incarcerated in Spokane County Jail, deputies said. She was arrested on suspicion of impaired driving, but the charge was changed to assault while driving because the other driver was seriously injured.
Gregory told deputies she was heading north on Bruce Road and stopped at the intersection or possibly even before the stop sign before continuing. She said the Ford “came out of nowhere” and she hit it. She said the other driver was heading quickly west on Peone Road.
A deputy noted that the extensive damage to the Ford’s passenger side was consistent with impact at a much higher speed than would have been possible had Gregory pulled over before the crash, the statement said. The direction of travel of each vehicle did not match the damage to the front of its truck and the passenger side of the Ford.
Traffic was diverted for several hours while the crash was investigated.
Gregory remained in the Spokane County Jail Thursday afternoon with bond set at $5,000. She made her first court appearance Thursday in Spokane County Superior Court and is due to be arraigned Aug. 23.
The United States Court of Appeals for the Federal Circuit agreed with the United States Trademark Office (PTO) in holding that artificial intelligence (AI) cannot be considered an “inventor” for the purposes of obtaining patents.
Computer scientist Stephen Thaler has argued that his “DABUS” AI system1 (which he describes as a collection of source code and software or “Creativity Machine”) was illegally denied patents by the PTO in July 2019 for two inventions he generated without his input – a food container and a beacon light. Instead of an inventor’s last name, patent applications indicated that the inventions were generated by artificial intelligence. The PTO rejected the applications on the grounds that they were incomplete because a machine is not considered an “inventor”, who must be a natural person.
The Court ruled that the Patent Act, since 2011, defines an “inventor” as a person or persons who invented or discovered the subject matter of the invention. Although the Patent Act does not define the individual, the Court relied on the interpretation of the United States Supreme Court and the dictionary definition of “individual” as a person or human being . Additionally, the three-judge panel acknowledged that the Patent Act uses the personal pronouns “himself” and “herself,” rather than “herself,” as further evidence that Congress failed to intends to allow non-human inventors. The Court also noted that its decision is supported by its own case law that neither corporations nor sovereigns can be “inventors” under the Patent Act.
The Court goes on to reject Thaler’s arguments that the term “whoever” in many provisions of the Patent Act is not persuasive evidence that the “inventor” includes AI. The provision stating that “anyone” who discovers something can obtain a patent for that discovery, is subject to the requirements for obtaining that patent, including the definition of “inventor” which unambiguously excludes AI. Moreover, the use of “anyone” to describe entities and corporations that infringe patents has no bearing on whether non-humans can also be “inventors” of patents.
The Court noted that the Thaler case is a simple matter of statutory interpretation that begins and ends with the ordinary meaning of the text, which clearly means “inventor” to refer to a human individual. For this reason, the panel rejected Thaler’s public policy argument that patenting AI-generated inventions promotes innovation. However, it should be noted that the Court left unanswered the question of whether inventions made by man with the assistance of AI are eligible for patent protection.
This decision is just one of many, since Thaler has filed its DABUS patent application in several countries around the world. The US Court of Appeal’s decision is consistent with what UK, Australian and European patent officials have concluded. Thaler’s only victory to date comes from a South African court which granted a patent with DABUS as the inventor.
Thaler is also testing US copyright standards in a court case against the US Copyright Office for denying a copyright claim for AI-generated digital artwork generated by its AI system, Creativity Machine. The lawsuit filed in June alleges that the Copyright Office unlawfully denied the request on the grounds that the work “lacks the human authorship necessary to support a copyright claim.”
BloombergLaw reports that Thaler plans to appeal the decision on the patent to the High Court. Businesses and lawyers should continue to monitor developments as the future of intellectual property protection for AI-generated products unfolds.
1 “DABUS” stands for “Device for Autonomous Booting of Unified Sensitivity”.
Welcome to the Big Law Business Section on the evolution of the legal market written by me, Roy Strom. Today we look at how court closures led first to a drought and now to a glut of trial work for Bartlit Beck. Register to get this column delivered to your inbox on Thursday mornings.
Jason Peltz runs a law firm that has made a name for itself handling major lawsuits for the nation’s biggest corporations. With many courtrooms closed and trials postponed indefinitely, the past two years have been a test for Peltz and the nearly 80 attorneys at Chicago-based Bartlit Beck.
The company only managed two trials in 2020 and only three more in 2021. The work hasn’t stopped, but it has changed. Bartlit Beck’s lawyers have been handling far more depositions than usual during the pandemic, thanks to the move to video which has cut costs.
As litigation traffic jams begin to ease, the nearly 30-year-old firm returns to the courtroom.
Bartlit Beck has just completed its busiest first semester in company history. The company managed nine trials in the first six months of the year, nearly double the figure for the previous two years combined.
It’s the kind of pace that Peltz says would be great for business in a normal year.
And the work is far from over: Bartlit Beck still has seven trials scheduled before January.
“A Covid backlog is definitely one of the big things we’ve seen,” said Peltz, the firm’s managing partner. “We have had so many previously scheduled trials suspended due to the pandemic. When the courts reopened and things got back to business, it led to an inordinate number of trials being scheduled.
Federal civil lawsuits have long been in decline since various reasonsincluding the expansion of discovery, the increased use of summary judgments and the rise of alternative dispute resolution methods.
But after the pandemic hit, the volume of federal civil lawsuits plunged in 2020 to what is likely a modern-era all-time low of around 2,500, down more than a third from last year. ‘last year. The figure recovered only slightly last year to around 2,800, according to the US Courts Administrative Office.
Although official data is not yet available, Bartlit Beck’s experience suggests trials are making a comeback.
The company scored its biggest win of the year in a July ruling for aero-engine maker Pratt & Whitney. A Florida federal jury has sided with the company in a lawsuit brought by landowners alleging Pratt & Whitney was responsible for a cluster of cancers they say was caused by contamination from a rocket factory. This is the first lawsuit in a series of similar cases that involve potential liability of more than $1 billion.
The company also handled three lawsuits to defend Walgreens against opioid allegations. The drugstore chain eventually settled the first case, brought by the Florida attorney general, for $683 million, with payments to be made over 18 years.
A judge ruled Wednesday against Walgreens in another lawsuit in San Francisco, holding the company liable for “substantial contribution to public nuisance” in the city resulting from the opioid epidemic. A subsequent trial will determine how much Walgreens must reduce the nuisance, the court said.
Bartlit Beck handled a third lawsuit for Walgreens in federal court in Cleveland in May and is awaiting a judge’s decision.
Lawyers for the firm represented FedEx in a May trial in federal court in southern Illinois regarding a 2019 traffic accident that killed three people. The case settled during the trial for an undisclosed amount.
This month, the company won a pro bono Voting Rights Act case in Georgia that went to trial earlier this year. A federal judge has ruled that Georgia’s statewide election of civil service commissioners has diluted black voting power, ordering the state not to prepare ballots for two races scheduled for November. . Georgia is appealing the decision.
Bartlit Beck handled three other lawsuits in private arbitrations over commercial disputes for clients that Peltz declined to disclose.
“It’s been a crazy time for the company with people working beyond hard,” Peltz said. “But the bottom line is that it allows us to get a critical trial experience.”
At a time when trials are increasingly rare, Peltz believes the courtroom experience has become the coin of the kingdom for law firms looking to attract the highest-profile cases.
This is why the firm tracks the type of experience acquired by its lawyers over rolling 12-month periods. On average, 80% of the firm’s attorneys achieve a “substantial role” on a trial team within a year. Four out of five lawyers receive or defend a deposition in any given year.
Peltz said 30 different attorneys at the firm have been involved in the nine lawsuits so far this year, representing about 40% of the firm’s total number of attorneys. Five of those lawyers worked on two separate trials in the first half alone.
“There are fewer opportunities to gain that experience,” Peltz said. “And sophisticated clients demand in many cases, especially in high-stakes litigation, to have a lawyer who has that trial experience.”
The workload may increase. Nearly 85,000 civil cases over three years old were pending in the 12 months ending in July, according to Federal Court data. This is the highest total since 2018.
One of the reasons the caseload has increased is that lawsuits often lead to settlements. With return trials on schedule, the firm has already settled nine other cases this year, Peltz said. He doesn’t know how many of the remaining seven scheduled trials will go the distance, but he’s making sure his lawyers are ready.
“It will definitely be a banner year,” he said. “It’s already basically.”
worth your time
On RNA: A class action lawsuit proposed by donors to the National Rifle Association of America is on its last breath after the local attorney behind clashed over fees with a former Boies partner Schiller Flexner who had agreed to take the case one year ago. A court has set August 17 as the deadline for the case to resume. I wrote about how the trial got to this perilous position and what happens next.
On Boies Schiller: The company founded by David Boies is set to reap a giant payout after a federal judge agreed to a $2.7 billion settlement in a nine-year antitrust battle with health insurer Blue Cross Blue Shield. The settlement includes $667 million in attorneys’ fees, including co-lead counsel for Boies Schiller and Hausfeld LLP.
On the golf legal battle: Longtime chronicle readers know my passion for golf, and now the PGA Tour battle with upstart league LIV Golf is spilling onto the courts. Brian Baxter and I covered the Big Law titans who lined up in court this week to fight over whether three members of LIV Golf can play in the PGA Tour playoffs (they can’t). Baxter also wrote about LIV Golf’s new chief legal officer, who has PGA Tour experience.
It’s all for this week ! Thanks for reading and please send me your thoughts, criticisms and advice.
Amazon Web Services Inc., Splunk Inc., and more than a dozen other technology companies have spear an open source project designed to help businesses respond more effectively to cyberattacks.
The project, known as the Open Cybersecurity Schema Framework, or OCSF, made its debut today. The development of the framework was initiated by AWS and Splunk. They based OCSF on an existing open-source technology known as the ICD scheme, which was in turn created by Broadcom Inc.’s Symantec cybersecurity unit.
Salesforce.com Inc., IBM Corp. and Cloudflare Inc. also support the OCSF project. They are joined by more than 10 other tech companies, including publicly traded cybersecurity providers CrowdStrike Holdings Inc. and Palo Alto Networks Inc., as well as several startups.
OCSF seeks to help organizations respond more effectively to cyberattacks by simplifying one of the most complicated aspects of the job: data management. In particular, the project aims to streamline the process of handling data on cyberattacks.
Organizations typically use not one but multiple cybersecurity tools to detect malicious activity on their networks. It is often advantageous to share data between these tools. For example, if a cybersecurity team uses two separate applications to investigate hacking attempts, they may want to share technical information about malicious network activity between those two applications.
Currently, transferring data from one cybersecurity tool to another often requires a significant amount of manual work. The reason is that different tools frequently store data in different formats. Therefore, when a dataset is moved between cybersecurity tools, administrators must manually change the format of the dataset.
OCSF aims to simplify the task. According to the project’s backers, it is designed to provide a common open-source standard for organizing cybersecurity information. If two cybersecurity tools store data in the same format, administrators can move the data between them without having to manually edit it first, saving time.
Changing the format of a dataset often requires specialized software tools. Since the process can involve a significant amount of manual labor, there is also a risk of human error.
“Security leaders are grappling with integration gaps across a growing set of application, service, and infrastructure providers, and they need clean, standardized, and prioritized data to detect and respond to threats at scale,” said Patrick Coughlin, Splunk Group Vice President of Security. market. “It’s a problem the industry needed to come together to solve.”
OCSF provides a standardized way of describing a hacking attempt. It specifies the data points that a cybersecurity tool should provide on a hacking attempt, as well as how these data points should be formatted. Organizations can optionally customize OCSF if their requirements extend beyond the framework‘s core feature set.
“The OCSF community will streamline security operations for the thousands of organizations that rely on telemetry from a wide range of sources to power their cybersecurity investigations,” said Rob Greer, division general manager. Broadcom’s Symantec Enterprise.
The backers of the OCSF project have published the code for the framework on GitHub under an open-source license.
Show your support for our mission by joining our Cube Club and our Cube Event community of experts. Join the community that includes Amazon Web Services and Amazon.com CEO Andy Jassy, Dell Technologies Founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many other luminaries and experts.
The Suzuki rider, like his teammate Alex Rins, got off to a brilliant start in British MotoGP breaking into the top ten and setting himself up for a very strong result.
And after passing Aleix Espargaro for 7th place, Mir saw his progress halted behind championship leader Fabio Quartararo.
Mir tried to take sixth from the Yamaha rider, but after failing front tire pressure became a significant issue for the 2020 world champion.
Stuck in the middle of the leading group, Mir lost the front end of his GSX-RR, a corner that surprised several riders throughout the weekend.
If Mir hadn’t crashed, it’s possible he could have gained other positions, especially since Quartararo started to struggle in the closing stages. However, looking at the performance of his teammate Rins, the 2019 Silverstone winner also encountered tire issues in the final stages despite using the hard rear tyre.
“I was coming from the back and getting closer and closer to the group, but once there I was struggling to stop the bike behind three of the four riders,” Mir told MotoGP.com.
“I was getting close to them every time, but once I was there I started having problems with the front end. I didn’t expect to lose the front end at turn seven, but those things can to arrive.
“I’m quite happy with the pace we showed during the race. We finished the race quite strong.
“Let’s take the right information because we were behind the best and we could see something interesting for the future to improve our bike.”
Mir on the limit just to ‘have a chance’ of fighting for MotoGP podiums
One of the most consistent riders since entering the premier class, Mir has been anything but that throughout the 2022 season.
While Suzuki’s announcement that they would be leaving MotoGP at the end of this season has not helped matters, Mir says his lack of consistency is down to the fact that he has always driven on the limit.
When asked why his consistency wasn’t as good as in previous years, Mir said: “Well, I have to push really hard just to be in the group, to overtake, to have a chance. We don’t “We haven’t been riding in those conditions all weekend. And the pressures probably weren’t perfect for us and those things can happen. We don’t need to think too much and keep working.”
The following is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin magazine premium markets newsletter. To be among the first to receive this information and other on-chain bitcoin market analysis straight to your inbox, Subscribe now.
Early August 8, 2022, the U.S. Treasury announced that Tornado Cash has been added to the U.S. Office of Foreign Assets Control (OFAC) SDN List (the list of Specially Designated Nationals with whom Americans and U.S. businesses are not permitted to transact transactions). Tornado Cash, a non-custodial open-source software project built on Ethereum, has allowed users to shuffle their coins through the use of the Tornado Cash smart contract, obscuring the previous trail of coins (which are of course transacted on a ledger transparent) .
The sanctions imposed were particularly noteworthy because they did not target an individual person or a particular digital wallet address, but rather the use of a smart contract protocol, which in its most basic form is just a information. The precedent set by these actions is not ideal for open source software development.
Following the announcement, it was seen that Circle, the centralized USDC stablecoin issuer, blacklisted all sanctioned addresses for not using USDC.
These actions have led many to question the security of holding centralized digital assets, even for non-criminals who simply prefer to use privacy protection tools.
The total number of USDC addresses that are blacklisted now stands at a current total of 81. Readers can follow the list of banned addresses here.
On an equally chilling note for active bitcoin/crypto developers, the co-creator of Tornado Cash Roman Semenov had its GitHub account (open source development repository) suspended. This should worry freedom-loving bitcoin/crypto enthusiasts, given the nature of the penalties imposed on Tornado Cash – which, as noted earlier in the article, is simply non-custodial software.
These actions also raise the question of what the future holds for many tools in the so-called DeFi space, which depend on centralized stablecoins and which may have centralized development choke points.
As brutal as it is, the organic and decentralized nature of bitcoin’s rise is the only reason it’s still standing today. Open source software will continue to work as intended, but given the increasing pressure that will likely be placed on software/wallet/protocol developers, only the most powerful and truly decentralized networks will not be co-opted.
Finally, it’s worth remembering that stablecoins themselves, while useful for escaping the short-term volatility of bitcoins/other crypto assets and helping many people around the world gain access to US dollars, are centralized.
Zooming out, when looking at the long-term case of bitcoin, one of its strongest value propositions is the fact that it is an asset with no counterparty risk or risk of dilution (devaluation). Yet, more importantly in light of the many government regulations taking shape and likely to come, Bitcoin’s true decentralized properties and censorship resistance will be equally important.
Rolls-Royce will deliver a total of 523 Series 199 mtu engines for the British Armed Forces Boxer Mechanized Infantry Vehicle (MIV). Rolls-Royce’s Power Systems business unit recently signed contracts with partners Krauss-Maffei Wegmann/WFEL and Rheinmetall Landsysteme/Rheinmetall BAE Systems Land to deliver 523 engines between 2022 and 2030. Rolls-Royce will supply components engine at its Rolls-Royce Solutions UK subsidiary where engine assembly, acceptance testing and painting will be carried out, supporting new and existing jobs in the plant. Boxer MIV for the British Army will be the first version of the vehicle to be fitted with Rolls-Royce’s mtu 8V 199 TE21 engine, delivering 600 KW, 70 KW more than the mtu engines in previous versions of the vehicle. mtu engines will power all Boxer vehicles ordered for the British Army: The British Government recently ordered 100 additional Boxer vehicles for the British Army.
Andrew Munt, Boxer Program Manager for WFEL, said: “Production of Boxer vehicle hulls is now well advanced here at WFEL in Stockport. As we enter the vehicle assembly phase, we are delighted to contract with Rolls Royce for the supply of mtu engines.
Colin McClean, Managing Director of RBSL, said: “RBSL is delighted to have secured more UK content for the Boxer program as well as long-term support for such a critical part. The powerful mtu engine will be the heart of the British Army’s new Boxer vehicle. Rolls Royce is a welcome addition to the team.
Knut Müller, Vice President Global Governmental at Rolls-Royce business unit Power Systems said: “The Boxer MIV project is a very important part of the modernization of the British Army. To support this project we have made a big push to enable our proven mtu series 199 engines to be manufactured in the UK for the first time. We are proud to contribute to the mobility and agility of the British Army with our British made engines.
David Eaton, Director – Government at Rolls-Royce Solutions UK, said: “We have been working vigorously with our industry partners for several years to reach this point and we are very much looking forward to delivering our engines to power these state-of-the-art engines. – state-of-the-art British infantry vehicles.
Rolls-Royce’s 199 series mtu engines have set the benchmark in their power range for power density, performance and reliability. mtu’s 199 series engines are the best-selling engines in their power range in military application: more than 2,500 of these engines are in service with several armed forces. They have proven themselves in various armored vehicles, among them the Spanish Pizarro, Austrian ULAN and Polish OPAL vehicles. They are also intended to power additional vehicles from NATO countries, such as the British Army’s Ajax. Rolls-Royce plans to further develop the engine with a potential power output of up to 750 KW.
Boxer MIV is one of the most advanced wheeled armored vehicles in the world, offering exceptional mobility and protection. Boxer will be an integral part of the capabilities of British Army Brigade Combat Teams. It is in service and on order with various NATO nations and Australia. One of its main features is its modular configuration, consisting of a common training platform and different mission modules. The British Army will receive four different Boxer variants, encompassing an infantry carrier, specialist carrier, command post and ambulance vehicles. All British Army Boxer vehicles will be powered by mtu 8V 199 TE21 engines rated at 600 KW. Their increased power output allows for improved operational mobility and agility despite the higher weight of the vehicles due to improved protection. It also allows for a higher electrical charge. There are now two versions of the Boxer vehicle available to ideally meet different operational needs of customers, powered by mtu Series 199 TE20 or TE 21 engines rated at 530 or 600 KW, respectively.
Most of the mtu engines for the Boxer MIV project will be manufactured at Rolls-Royce Solutions UK in East Grinstead. The Rolls-Royce subsidiary has been supporting naval, maritime and rail projects for decades and has created an assembly cell dedicated to the Boxer MIV project. One of the test cells has also been converted for use in the project. The program will support and secure up to 10 jobs at Rolls-Royce Solutions UK for years to come.
The products and services described in this press release are not endorsed by The Maritime Executive.
Digital asset innovations represent new opportunities for consumers and credit unions, CUNA wrote to the Treasury on Monday in response to a request for information on digital asset development. CUNA notes that credit unions support a “whole of government” approach to the issue, as outlined in President Joe Biden’s March executive order on the subject.
“Credit unions have a long history of serving their members in a direct, individualized way that promotes their financial health and well-being,” the letter reads. “Digital asset innovations offer credit unions a new and unique avenue to pursue this mission with a significant percentage of their members already invested in cryptocurrencies.”
CUNA adds several steps that could contribute to increased adoption of digital assets:
A comprehensive regulatory framework that provides consistent oversight for similar products and services.
A level playing field between traditional financial services and fintechs to ensure that consumers can use their most trusted financial partner.
CUNA also notes that digital assets can provide an entry point for unbanked people to receive safe and affordable financial services, but adds that credit union services go far beyond deposit accounts.
The letter also reiterates CUNA’s concerns regarding the central bank’s digital currency proposals. The CUNA believes that the creation of a CBDC could “significantly worsen the provision of financial services”.
The Infrastructure Investment and Jobs Act (IIJA), also known as the bipartisan infrastructure bill, will increase federal infrastructure spending by approximately $550 billion over the next decade. , almost all through grants to state and local governments, which own much of the nation’s infrastructure. . At our annual municipal finance conference in July 2022, four experts answered several questions about the IIJA: Ryan Berni, senior adviser to Mitch Landrieu, the White House infrastructure implementation coordinator; DJ Gribbin, former Special Assistant to President Trump for Infrastructure; Shoshana Lew, executive director of the Colorado Department of Transportation; and Eden Perry, head of US public finance operations and S&P Global Ratings.
A video of the panel is posted here. Here are some highlights.
Some IIJA funds are allocated among the states according to a formula. Others require state and local governments to apply for funding. How is this process going?
SHOSHANA LEW: “There are a lot of federal discretionary programs now. Some of them are new; some of them are variants of those that have been around for several years… [W]What we’re trying to do is figure out how to write a finite number of good applications… Our federal friends are having some tough challenges running all these new programs. I would applaud the DOT [U. S. Department of Transportation] to try to combine the sources where they can. They issued one funding notice in one case for three different programs, so instead of having to apply three times, we could do it once. The more they can do this, the easier it is for people around us to avail of these programs. I think at the end of the day how they handle these projects could be difficult if it’s not very organized, because the money [flow] by different operating administrations with different rules. Making sure they buy into the upstream consolidation as much as they did upstream…would be important.
RYAN BERNI: “We really feel like we’ve hit [the] on the ground… We see this as a five to seven year undertaking, and in many cases the money will be spent over 10 and 12 years, the way things work. We started building a team in the White House to focus on delivering the project, to focus on getting the right structures in place. Each state has appointed a State Infrastructure Coordinator under our direction, with one or two exceptions. And we work very hard to ensure low-capacity communities have the resources to plan and apply for funding. The law project [has]… 375 programs of which 125 are new.
DJ GRIBBIN: “This bill is a real mess. I think Ryan is being polite…Remember where that bill came from. It’s like two handfuls of senators who got together, almost like got together over a beer and threw a bunch of stuff that was on the shelf into a bill, sent it to the House. The House did nothing about it, passed it. And now we have 125 new grant programs. We tried to make one [new] program, our urban partnership agreement in the Bush administration and it has been incredibly difficult. This bill provides for a competitive program for culverts. And I don’t know who the head of the culvert lobby is that put this in there, but that person should get a huge bounty. For those who don’t know what [a] east culvert, [it is] a pipe that passes under a road or a railway line to simply drain water from the infrastructure. There is now a new federal competitive grant program for culverts, so there is [going to] be a lot of programs, a lot of money, a lot of chaos.
What effect will rising inflation and labor shortages have on state and local infrastructure spending?
EDEN PERRY: “What’s going on with inflation, supply side disruptions, difficulty finding workers for projects, rising wages for workers? We expect states and local governments to focus on smaller, more impactful projects, or even…extend the timeline if possible…I think the concern is finding the workers…and paying their salaries. I think that’s a huge problem right now.
SHOSHANA LEW: “We are under significant pressure from parts of the industry to approve cost overruns without doing due diligence on them. We will not [do that]… [We need] to ensure that even in an inflationary environment, we get the best return on taxpayers’ investments.
Will the Infrastructure Investment and Jobs Act add to inflationary pressures?
RYAN BERNI: “The answer is no. And people on the outside said, “Yes, of course, of course, spending a little money right now can be inflationary.” But the impact of this bill is positive on the issue of inflation for several reasons. First, we’re actually going to fix the supply chains that have created much of the situation we have today in ports, railroads, airports and railways, increasing capacity production of the economy, with much of what we have. The second thing is that we’re just not spending that much money this year. A lot of money [is spent] in the years to come.
Will the influx of federal money diminish the role public-private partnerships play in state and local infrastructure projects?
DJ GRIBBIN: “[Yes]I think it is [going to] be ousted in two ways. First of all, as everyone has mentioned, there is more funding. it is [a] tsunami of funding… So there is less need to research funding alternatives than you would otherwise. And then secondly, the crowding out in terms of time. I’m sure… DOTs, cities, counties across America are asking their teams to focus on how we apply for federal funding and grants, as opposed to how we think about new innovative ways to involve the private sector in the financing of these infrastructures. ?… It’s a great tool to have in the toolbox. It can be useful, but it could be [limited in the] the current environment, given the amount of money coming in and the need to aggressively jostle for competitive grant programs…There is a common misperception that public-private partnerships will bring more funding into the ‘infrastructure. [It] does not provide more funding. It provides more funding tools so that States can accelerate these projects. Ultimately, infrastructure funding comes from two sources, users and taxpayers, period.
The Brookings Institution is funded through support from a wide range of foundations, corporations, governments, individuals, as well as an endowment. The list of donors can be found in our annual reports published online here. The findings, interpretations and conclusions of this report are solely those of its author(s) and are not influenced by any donation.
The ATSB report describes the sequence of events leading up to the accident:
Earlier today (April 3), the helicopter departed Majura, north of Canberra Airport, as part of seven helicopters in flight. All helicopters followed a common route but operated independently of each other.
READ ALSO: Remembering the day the earth flipped and tragedy struck Thredbo, 25 years later
The other six helicopters landed on property near Wee Jasper as the weather deteriorated, while the Bell LongRanger continued further south before landing along Long Plain Road in the Brindabella area.
ATSB Transportation Safety Director Stuart Macleod said when the LongRanger failed to arrive at Wee Jasper, the other pilots contacted authorities and a search was initiated.
“With the help of a passing motorist, the LongRanger pilot was able to reach mobile reception and contact other members of the tour party, and the search was cancelled,” he said.
Bell LongRanger helicopter flight path from Majura to Long Plain Road. Photo: ATSB.
Recorded flight data showed the LongRanger took off from Long Plain Road nearly three and a half hours later at 2:53 p.m.
“Police sent to locate the helicopter as part of the previous search arrived at the site just after takeoff and observed the helicopter depart south at low altitude in overcast conditions with low cloud and light rain,” Mr Macleod said. .
The forecast for the area at the time of this second flight indicated broken clouds between 2,500 feet and 10,000 feet above sea level.
Tracking data showed the helicopter continued below 500 feet above ground level.
“About 10 minutes into this second flight, the pilot turned northwest and took a course towards Tumut, which he had given the tour group as a refueling destination,” Mr Macleod said.
“They then encountered higher ground and turned back to head south, again following lower ground for another 10 minutes, before reaching Anglers Reach, at which point they turned back down a track towards Tumut.”
Tracking data then showed that the LongRanger began to rise and fall at various intervals.
Mr Macleod said the helicopter first climbed to 7,000 feet above sea level (about 2,500 feet above ground level) and continued for about six minutes before descending to 6,800 feet, but almost immediately started to climb again.
“After climbing to 7400 feet, the helicopter entered the steep turn, its ground speed increased to 134 kt and its rate of descent exceeded 3800 feet per minute,” he said.
The helicopter crashed at 3:26 p.m. in an area of clumps of grass and bare protruding rocks in Kosciuszko National Park.
The final flight path of the Bell LongRanger helicopter. Photo: ATSB.
When the LongRanger did not meet his group the next day at the planned site in Mangalore, Victoria, a second search was initiated. Bad weather prevented an aerial search and the ground crew found the wreckage that evening (April 4).
Subsequent examination of the site by the ATSB showed that the helicopter’s engine had power at the time of impact, and there was no evidence of an in-flight rupture or pre-existing fault with the engine. powertrain or flight controls.
Most of the wreckage was within eight meters of impact, but the main transmission, supports and support cell structure were scattered a further 70 meters on a hillside.
“As the investigation progresses, the ATSB will further review and analyze pilot and maintenance records, recovered wreckage components, flight tracking data, witness information and meteorological data,” Macleod said.
Detailed analysis and conclusions would be published in the final report at the end of the investigation.
“However, if a critical safety issue is identified at any time during the investigation, the ATSB will immediately notify affected parties so that appropriate and timely safety action can be taken,” Mr. Macleod said.
Original article published by Claire Fenwicke on riot law.
A well-regulated framework is necessary to create a crypto market that can last
The regulatory environment surrounding cryptocurrencies is constantly changing, although more slowly than the cryptocurrency industry itself. Institutions and the general public agree that mining cryptocurrencies requires a rigorous and transparent regulatory framework. The many scams, phishing attempts and hacks that the industry sees have no legal repercussions. This highlights how brazen the scammers are and presents a murky picture of the bitcoin market.
It’s time to wake up the sleeping decision makers.
The rise of the NFT market in 2021 has stunned governments and international organizations. A clear legal framework for NFTs is necessary to support the long-term growth of the market, given that Ethereum has recorded NFT sales of over $9 billion. Only the last three months of 2021 saw $1.5 million in illegal activity in the NFT market. Even though the amount of money laundering taking place overseas is far greater than this data indicates, this undesirable trend could still exist in 2022.
NFTs are still not categorized; therefore, the US and UK could not develop a clear set of guidelines. The conduct of issuers and NFT markets may be subject to Know Your Customer and anti-money laundering regulations. The long-awaited Fed study, released in January, looked at the pros and cons of a government-regulated cryptocurrency. Finally, the report chose to delay the choice to move forward and gave the public and other interested parties until May 20 to comment in order to move forward.
Similar to how Stablecoins woke politicians from their sleep. Also up fivefold, stablecoin sales hit $164 billion at the end of 2021, up from $26 billion at the start of the year. 2022 saw further growth, with the first six weeks of the year seeing a 6.8% increase. In its report, which was released in 2020 and 2021, the Financial Stability Board – a global organization that tracks and organizes the efforts of financial regulators around the world – called for action on stablecoin. The council designated July 2022 as a notional date for the creation of regulatory frameworks in national jurisdictions.
JStablecoin regulation has been made more difficult by the introduction of decentralized, US dollar-pegged stablecoins. Stablecoin, however, should be the first cryptocurrency to be regulated, experts say.
Why is cryptocurrency regulated?
The market will be more stable if cryptocurrencies are subject to more regulation. However, a large portion of bitcoin proponents vehemently oppose market controls. They believe this will stifle innovation and go against the fundamentals of cryptocurrencies, which include decentralization. Stakeholders and investors have opposing views. Let’s take a look at experts’ opinions on the regulatory environment around cryptocurrencies and why they think it benefits investors.
More stability in the market:
For investors who worry about day-to-day market fluctuations, a regulatory framework will provide peace to the market and foster a positive working environment in the industry. The government’s strong regulatory framework could help reduce speculation in cryptocurrency assets. Less speculative activity will increase investor confidence, which could attract longer-term investors who have previously avoided a highly speculative and volatile crypto market. Even if it doesn’t attract more people, it may at least change the way they now act towards cryptocurrencies.
If we make it clear, regulation of the cryptocurrency market can restrict the activities of individuals looking to make a quick buck by guessing how much the next coin will be worth. Protecting investors and building their confidence: Due to the lack of a legislative framework that can provide asset protection, cryptocurrency investors now have no security for their investments. Major exchanges like Coinbase and Gemini are among those operating under newly established federal and state regulations in the United States. However, their principle differs from that of the stock exchange and other trading platforms.
Since the cryptocurrency market of any federal agency is unregulated, investor protection there is less intense. To make the cryptocurrency market safer for investors, regulation is necessary. Investor confidence would rise further in a safer market, fueling the expansion of the cryptocurrency sector.
The absence of rules and regulations encourages arrogance in malefactors and as a result, widespread fraud, scams, sweepstakes and market manipulation plague the entire business. The previous two years have seen a sharp increase in cryptocurrency-related crime. Research from blockchain data firm Chainalysis claims fraudsters stole $14 billion in cryptocurrency last year, up from $7.8 billion at the start of 2020. Despite the possibility that a legal framework could calm the cryptocurrency market, it remains a dangerous and speculative investment.
The government’s efforts to oversee the regulations
The Financial Stability Board’s research also examines trends that will occur in 2022. The study provided insights into how central bank digital currencies (CBDCs) have developed in more than 91 countries around the world. This demonstrates that the federal government is aware of the possibilities of virtual currencies. The government is making extra efforts and policy makers must work hard to provide a comprehensive regulatory framework that can support innovations and allow a wider audience to accept digital assets.
CBDCs could improve tax compliance and more accurately track financial activities. However, this can seriously hinder the adoption of cryptocurrencies. It might even displace some decentralized digital currencies since CBDCs enjoy stability and because the company believes government organizations inspire a lot of people. Cryptocurrency requires a well-regulated structure that can ensure that innovations are encouraged and growth is not stifled. The financial system could renew itself and evolve towards a more egalitarian future thanks to cryptocurrency.
“The content of this article is provided for informational purposes only. It does not offer investment advice and is not a substitute for private investments.
Flipping cars is an art that most car enthusiasts wonder if they could try their hand at.
On the surface, resell a classic car for a profit sounds like easy money, but it’s usually far from it.
In its latest YouTube video, Classic Nation attempts to repair and resell a beautiful 1967 Ford Mustang within 30 days in hopes of making a profit of $10,000.
But with several issues to address, such a short deadline is certainly an optimistic goal.
A 1967 Ford Mustang is a good car to return to the used market
If there was ever a car that would be an easy model to flip, a 1967 Ford Mustang.
An iconic model, the pony car is world famous, and therefore in high demand, thanks to its amazing style and dynamic characteristics.
Although with a long list of modifications, this car provides an even better base in the quest to turn it around for profit.
In the first few minutes of the video, the pair go over everything that makes this Mustang unique, including the so-called “Shelby drop” position, which means the front is slightly lower than standard and the leaf springs rear which also lower the car a bit.
Along with the modified suspension setup, the car features aftermarket disc brakes, Corbeau bucket seats, an all-new stereo system, in-dash LCD display, sleek 17-inch wheels inches.
All in all, these modifications make this Mustang a great restomod car.
RELATED: 15 Most Expensive Mustangs and Camaros Ever Sold at Auction
This does not mean, however, that the car is ready for the market.
With a simple primer, the car will need a full paint job, with gloss black being the preferred color choice.
Second, the dashboard has a big crack that the boys will need to replace; a relatively low cost of $160.
A few noises around the engine will also grab attention while a chassis banging towards the rear of the car also grabs the attention of the guys.
Again, this car looks like a great base for a simple repair and rollover.
The Restoration 1967 Ford Mustang Is Undoubtedly Cool
Under the hood, the crate engine is a mix of a base 302 with multiple 289 elements.
With many modifications though, it breaks the mold of any Ford Mustang engine, especially with several mods bringing the car into the 21st century like electric fan, external starter.
RELATED: These Owners Ruined Their Mustangs Trying To Improve Them
On start-up there are some unwanted noises as the Ernst brothers point out, but overall the sound is brilliant, thanks in part to the custom exhaust.
As the brothers take the car for a drive, they point out several things to look out for when buying a car.
If the car has power steering, working dials and car tracking are all things to check on a test drive in an older car.
With the guys spending $11,500 on the car and planning to invest an additional $4,250 to get it into salable condition, they’ll need to sell it for a total of $26,000 to hit their profit target of 10 $000.
Panther III, a DPU storage accelerator from MaxLinear, delivers 200 Gbps throughput with ultra-low latency to enterprise and large-scale data centers. With its 16nm DPU architecture, Panther III also offers 12:1 data reduction, encryption, deduplication and data protection.
MaxLinear believes the Panther III will open up new opportunities in the storage market, including all-flash and non-volatile memory (NVMe) array systems. As with previous generations of Panther products, Panther III offers powerful data reduction technology that intelligently offloads the CPU to open all storage tiers to their full bandwidth potential without CPU or software limitations.
The combination of NVMe-based SSDs and the Panther III storage accelerator enables faster access to large data sets. To address the reliability of six nines, Panther III incorporates end-to-end data protection through real-time verification of all transforms, NVMe protection, online CRCs and parity checks to ensure data integrity. data and eliminate data loss. A software development kit containing API, drivers, and source code facilitates integration with end application software and software-defined storage.
MaxLinear will offer Panther III in two standard, production-ready adapter cards in OCP 3.0 and PCIe form factors. The Panther III MxL8807A-EA-B is now sampling.
The UK’s ability to train pilots of fast jets is in crisis due to faulty aircraft, a need for more instructors and an influx of overseas students filling in the course, leaked documents suggest.
Royal Air Force (RAF) spend months – sometimes years – effectively flying offices instead of warplanes while they wait for training slots to open.
The delays could hamper the future availability of crews to operate the frontline Typhoon and F35 squadrons at a time of growing threats from Russia and China and with a war raging in Europe, defense sources said.
Pilots destined to train on other aircraft, such as military transport planes and helicopters, also suffer. Royal Navy and Army airmen are also affected.
The backlog is so serious that the RAF is considering asking 30 of its recruits to voluntarily quit, according to an internal memo. He warned of a “reputational risk” if air chiefs took such a step. There is no suggestion of forced layoffs.
An internal memo from May and slides from a meeting of the RAF’s top officers in July, seen by Sky News, reveal:
• An “emerging” problem with the Rolls-Royce engine on the Hawk jet, used by fast jet recruits for training. It “will reduce the capacity of the pipeline over the next three years”. This will increase wait times for some trainees to join the course to around 12 months; • Concern over a ‘damaging drain’ of qualified pilots leaving the RAF for higher paying jobs in industry, rather than remaining in the front line or in instructor roles. One slide read: “The drawdown is so large from such a small pool that we are approaching a point of critical mass.” But an RAF source said there was no ‘mass exodus’; • A UK commitment to train pilots from countries like Qatar and Saudi Arabia as part of a deal to sell the country’s Typhoon jets eats up already limited training space. This has left a number of RAF pilots waiting to join the Operational Conversion Unit, which is the final stage of their training, a defense source said; • Despite 43 slots, only 11 UK trainee pilots are scheduled to go through the conversion stage of rapid reaction training to learn to fly an F35 or Typhoon this year.
“Biggest shit in the RAF”
A serving officer familiar with the training pipeline said: ‘At the moment it’s the biggest crap in the RAF.’
Asking to remain anonymous, they told Sky News: “To have a selection process that comes right after the astronauts are selected, so you get the crème de la crème and then have them complete their flight training over a period of six to eight A year-long process, when it should only take two to three years, is absolutely crazy, especially when it comes to taxpayers’ money.”
A former senior Air Force officer, also speaking anonymously, agreed.
He called the situation a “scandal…a crisis”, saying it has been a chronic problem for almost 30 years that air chiefs have consistently tried and failed to address.
But a second RAF source, on duty, defended the situation and strongly denied there was a crisis.
He said this year was always going to be a “challenge” as the Air Force prepared to retire a number of aircraft and integrate new platforms as part of modernization plans.
Instructors forced to take flight
Russia’s war in Ukraine added further pressure, with the RAF called upon to provide faster jets and crews to patrol the skies of NATO allies to the east of the alliance.
This meant that on one occasion instructors from the Operational Conversion Unit at RAF Coningsby in Lincolnshire had to take the time to pilot the rapid reaction alert jets rushing in to protect British airspace, which had an impact on some training courses which had to be rescheduled.
The source said a senior group of RAF officers meet three or four times a year to discuss all training issues.
It was so “in the dynamic market and the dynamic world of training – and all these challenges of multiple aircraft having different things going on or off with them – that we do it efficiently on a regular basis, not waiting for trouble happens,” the source said.
“We try to go uphill and manage people’s lives and help them through their careers.”
An RAF spokesperson said: “While we recognize there are challenges with the training pipeline, we are working across defence, with industry and our international partners to improve the training experience. and performance of our people, including recruiting more instructors and actively managing training timelines.
“We continue to have enough aircrew to meet our operational commitments.”
Long waiting lists for interns
The leaked documents gave an idea of the scale of the challenge.
Some 347 trainees – more than half of the 596 members of the total flight training system, including Army and Navy airmen – are waiting for a place on a training course or taking a “refresher” course. Students need to refresh their skills when the time to move on to the next phase of their training is so great that they are out of date with what they already know.
Wait times for flight lessons vary by aircraft type.
The memo says some 80 personnel will have to wait three-and-a-half years to acquire multi-engine training, which is needed to operate transport aircraft such as the A400m and C-17 and spy planes like the Rivet Joint and Poseidon. . submarine chaser. Separately, it takes between two and three years to learn to fly a Chinook helicopter.
The delays have left dozens of staff – nicknamed “holdies” because they are on standby for a training course – scattered around RAF bases, other military headquarters and even the main ministry building of Defense in London.
The RAF source said a lot of effort is being made to ensure those waiting are not wasting their time working at a photocopier.
The problems ‘dated back to the end of the Cold War’
The source gave examples of some officers being sent to take Russian or Arabic lessons and others learning to become an air traffic controller. This “gives everyone broader professional qualifications than they expected”.
But the delays also mean the average age of a newly qualified pilot in the RAF has risen to 29, from early to mid-twenties, changing the demographics of the service.
This could have “significant implications for future professional development, reach and retention,” one of the documents warned.
Defense sources said today’s training problems date back to the end of the Cold War, when successive governments sought to cut defense spending, taking advantage of a so-called “dividend of peace” and the false hope that Russia would no longer be a problem. threatens.
The size of the RAF, Army and Royal Navy, was reduced several times, including the number of pilots and warplanes, with front line squadrons reduced from around 30 to seven.
At the same time, plans were made to privatize much of the Army’s flight training.
Around 2008, a joint venture called Ascent, made up of American defense giant Lockheed Martin and its British counterpart Babcock, was awarded an initial 25-year contract to deliver what is known as the Military Flying Training System (MFTS) .
It is necessary to train a set number of recruits in different specialties, including fast jets, multi-engines – such as spy planes and transport planes – and helicopters.
But defense sources said the RAF – under pressure from the Treasury – continued to change its mind about the size of the training pipeline following a 2010 defense review which imposed further painful cuts in the Armed Forces and a 2015 exam that slightly adjusted the levels.
Sky News understands that some officers at this time preferred to pay a bit more to retain a reserve training capability to give the RAF room to recruit new pilots if a future government thought the Air Force had been too deeply reduced.
It would also create resilience to absorb the impact of any glitches with the training courses.
When not needed, the extra training slots could be filled by overseas crews under multibillion-pound deals to sell British-made Typhoon jets to international partners – a win-win.
However, defense sources said others within the RAF disagreed, instead prioritizing the Treasury-led need to cut spending and opting for a contract to train the minimum number viable drivers.
They won the argument but seem to have created a system that struggled to provide the pilots needed in peacetime, let alone the UK having to go to war again.
“The system has been reduced to only work if everything goes perfectly,” said the former senior RAF officer. “It’s a system that only works if you keep throwing sixes.”
BEFORE proposing solutions to the challenge of economic governance, it is useful to briefly review the current situation. Loans, deferred payments, decline in currency value, etc. may provide temporary relief, but it is not the answer to Pakistan’s economic problems. They have not worked in the past and cannot work now. First, the problem must be correctly identified, then possible solutions must be found.
Pakistan’s economy can be divided into three sectors:
(1) Fifty-eight percent of the $380 billion GDP is classified in the service sector, including wholesale and retail trade, and transportation and warehousing. Pakistan’s annual service exports amount to $7 billion, including $2.5 billion for ICT services. For context, India’s tech exports alone are worth $150 billion. Exporting services can earn foreign exchange at a lower cost than commodities. As a small proportion of a country’s exports, services may reflect insufficient human capital development.
(2) The industrial/manufacturing sector represents approximately 20% of GDP. But there are few goods that can be competitive in the international market, despite regulations and subsidies favoring big business and exporters. This is the main weakness of the Pakistani economy.
About 37% of the country’s population is engaged in agriculture, and a larger percentage is indirectly related to agricultural income. Some of the major industries are based on agriculture including textiles, fertilizers, agricultural machinery, etc. Exports are still mainly agriculture-based. But agriculture suffers from inefficiency — milk production from cattle is at a quarter of its potential; sometimes the deterioration of harvests represents up to a third of production; in some cases, the fruit/horticulture export prices received were well below those received by international market leaders.
No political party or even the army can attack entrenched interest groups.
There is an indefensible $48 billion gap in FY22 between rising imports and falling exports. Remittances from foreign workers ($31 billion) almost equal exports and fill a large part of the trade deficit. Annual net foreign inflows (multilateral and bilateral) were only about $5 billion. For decades, Pakistan has walked a tightrope over this trade deficit, resorting to borrowing from the IMF and friendly countries. Many commodity exports depend on gaining “privileged” status from importing countries, while Pakistani workers abroad are mostly less skilled and relatively replaceable. It’s an unequal/pleading relationship with buyers.
The majority of citizens are currently facing financial difficulties. Yet, a UN sponsored report (National Human Development Report) shows that some 2.6 trillion rupees (2017-18 data) are granted as privileges to powerful interest groups. “It implies special and privileged treatment of the privileged in laws, rules and regulations, as well as preferential treatment by public institutions” through the tax system, cheaper inputs, higher output prices and preferential access. “The corporate sector is the recipient of the greatest privileges, including industry and the banking sector.” Compare that to total government revenue Rs5,874bn July-March, FY22. And the government borrowed Rs 1.765 billion in July-May for FY22 for fiscal support.
Even a sincere and competent government, which lacks stability and the full authority mandated by the Constitution, cannot undertake the necessary reforms. No political party or even the army can attack entrenched interest groups. But national development goals must be achieved. Interest groups cannot be allowed to compromise these goals for their partisan advantage. Political parties and state institutions must come together to achieve this. The reform process can start with a long-term economic governance framework to which political parties and the establishment commit, which will facilitate sectoral reforms. Here are some initial points for the frame:
Parliament: a) Remove all unwarranted regulations favoring special interest groups, for example in banking, real estate and businesses linked to state institutions. b) Remove all unjustified subsidies and concessions, for example for large companies and public companies. Where concessions/subsidies are deemed necessary for large corporations, the citizens/state should receive a fair share (as new shareholders) of the subsidized corporations with citizens’ hard-earned revenue. (c) Appoint competent, non-conflict of interest individuals to regulatory bodies. d) Impose a tax on agricultural income at the same level as other sectors. The land revenue service should be streamlined to remove any impediment to the performance of the agricultural sector. e) Ensure equal opportunities for all businesses; those with the most merit can get ahead and then compete in the international market without depending on concessions and subsidies. (f) Minimize indirect taxation.
The judicial system: This includes laws passed by parliament, courts (judges, lawyers and court officials), police/inquiry, prosecution and defence, and prisons. It also includes relevant ministries, executive magistrates and other law enforcement agencies. Since these components fall under different administrative units, it is complicated to implement reforms. Therefore, a mechanism must be established for effective coordination. Interest groups cannot be allowed to get in the way of a quick decision — this must be overcome; economic activity is hampered if a quick and fair decision is not available. In addition, clear criteria must be agreed for the selection of judges and benches to be formed based on an established formula.
Government officials: Selection/assignments should be made on the basis of given criteria, without reference to the wishes of influential elements. Seniority cannot be unrelated to performance.
Agriculture: The most efficient water conveyance and distribution method, as developed by technical experts, should be implemented. Agricultural taxation should be taxed at the same level as the rest. Recognizing the importance of agriculture in the economy of the country, professional management may be required in agricultural institutions.
Services: This sector should be strongly encouraged to give the importance it deserves to exports. The government should modernize its export promotion services and establish professional management.
Unstable governments with circumscribed authority cannot defeat interest groups. The extent to which such a governance framework can be agreed upon and then implemented will determine the long-term economic viability of the country. A strong and prosperous country reflects on its citizens as well as on state institutions.
The writer is the author of Pakistan: Principles of Public Policy Redefined—How to Accelerate Progress and Engage Citizens.
Gold bulls took charge of the build-up to the NFP showdown.
Bulls are eyeing a deeper correction towards the golden ratio of 61.8%.
The price of gold jumped on Thursday as US bond yields fell and the Bank of England warned that the UK economy could be heading for a recession later this year with inflation hitting 13%. XAU/USD pushed Don into its weekly bullish correction to hit a high of $1,794.23. Gold for December delivery was printing above $1,800 an ounce.
Gold benefited from falling US bond yields, bullish for gold since it offers no yield. The US 10-year note was last seen paying 2.699%, down 0.26% on the day. The US Dollar was lower than most major currencies on Thursday, down around 0.5% at the time of writing according to the DXY at 105.81. The positive impact of hawkish comments from the Federal Reserve faded this week as investors waited for more signs on the data front. Friday’s nonfarm payrolls and next week’s inflation data will be crucial.
The Fed raised rates by 75 basis points at its June and July meeting. For now, money markets are pricing in a 50 basis point hike at the Fed’s September meeting and a roughly 44% chance of another massive 75 basis point hike. Today, Loretta J. Mester, president of the Federal Reserve Bank of Cleveland, said Thursday that the Fed should raise interest rates above 4% to bring inflation back to its target.
“I would pencil in a little above four, if any,” Mester told reporters following an event at the Economic Club of Pittsburgh, referring to the central bank’s key rate. “It’s not unreasonable, I think, to maintain this as where we come to and then we’ll see.”
”We will need to raise interest rates and keep them there for a while.
Then we’ll bring them back once inflation moves closer to our 2% target.
TD Securities analysts explained that ”As Fedspeak pushed back on the FOMC’s dovish market interpretation, and yesterday’s data surprised on the upside, seeing rates and prices from the September hike rise, the The gold market is trading so far with a mind of its own.”
“CTA triggers for extra short coverage are at your fingertips. Indeed, we believe that prices closing above $1789/oz would catalyze enough of a change in momentum to see trend followers targeting a roughly flat net position,” the analysts added. “However, with Nonfarm Payrolls headlining the week tomorrow, our expectations of a stronger than expected report could quickly limit the current uptrend among gold bugs.”
The monthly U.S. nonfarm payrolls report will be closely watched on Friday after Thursday’s data showed an increase in jobless claims.
“A strong payroll print should contribute to a further market price rebound in terminal pricing. This should put pressure on initial rates and continue to flatten the 2s10s curve. We remain short of January 2023 fed funds futures to position ourselves for a Fed rate hike,’ TD Securities analysts said.
Gold technical analysis
According to the previous analysis, Gold Price Prediction: XAU/USD bulls are back, it was explained that the price was rising during a correction from the weekly M formation:
The gray area was a price imbalance that has now been smoothed out by a 50% average reversion:
There is scope for further upside with the prior Fibonacci meeting structure at 61.8% around $1,800.
Dynamic Yield again led Gartner’s 2022 annual Magic Quadrant analyzing personalization engine platforms in the market, followed by Insider, Salesforce, Adobe and SAP.
Gartner’s latest report detailed 13 vendor offerings in the area of personalization engines, evaluating each on three key use cases: marketing management and capabilities to deliver the right message to the right audience in the right context; digital commerce and the ability to tailor content, offers, recommendations and experiences across digital sales channels; and personalize service and support through customer insights, user journeys and feedback.
Core capabilities that the analyst firm evaluated on the platforms for tracking in-session user behavior, collecting and ingesting data, and triggering real-time, action-based interactions , an individual’s context or data, or a combination of the three. Predictive analytics capabilities supporting content and product recommendations, flexible user segmentation, extensive testing tools, and personalization performance tracking and reporting were also key to consider in this category.
Additionally, each vendor was required to have at least $20 million in annual platform revenue and a minimum of 25 net new customers for its personalization engine in 2021.
In the upper right quadrant of “leaders” of vendors with both a strong vision for their platform and the ability to execute was Dynamic Yield. Gartner noted the platform’s strengths, such as numerous pre-built test templates, a no-code visual editor, predictive targeting functionality, and its “AdaptML” feature offering best action suggestions. Other benefits included stronger integrations for omnichannel personalization as well as standalone email personalization.
On the other hand, Gartner said Dynamic Yield’s recent change in ownership to Mastercard, its second change in three years, has raised concerns about its roadmap and longer-term innovation plans.
Insider was also in the upper right quadrant of leaders. Gartner noted the vendor’s product discovery, reporting, and regional service as key strengths. Caveats included the level of customization required, identity management in digital properties, and pricing.
Salesforce was on the leader list and recommended for its robust bandit testing, B2B customization support, and strong entry-level offering. Caveats included requiring user-level metadata, a Salesforce-focused product roadmap, and developing resource requirements. SAP, another top five leader, was highlighted by Gartner for its personalization and privacy approach, hierarchical triggering models based on business goals, and results reporting. Negatives included lagging product and content discovery compared to other vendors, a lack of advanced testing, and an enterprise-focused roadmap.
Adobe Target was the fifth platform in the top right corner, known for strengths such as superior testing and experimentation capabilities, robust targeting based on machine learning and rules-based profiling, and connectivity of the platform. Gartner’s caveats included some performance issues with interface speed, a lack of out-of-the-box reporting and support.
The Gartner Magic Quadrant for Personalization Engines also showcased four “visionary” vendors known for having strong product vision but less ability to execute it. These were Sitecore, Algonomy, Kibo and Optimizely. The rest of the vendors listed fell into the lower left quadrant as challengers and niche players with limited execution capacity. These were Oracle, Coveo, Attraqt and SiteSpect.
In its commentary, Gartner highlighted three trends that are driving personalization engine innovation. The first was more user-friendly user interfaces to drive AI recommendation strategies, while the second was a broader measurement scope, related to the growing reach of customer data driven by data platform adoption. customer (CDP).
The third trend is increasing workflow, content management features, and professional services capabilities to help customers get more out of their personalization platform investment. Gartner pointed out that while many organizations have made significant investments in the platform, they often fail to invest in the human resources and process capabilities needed to drive continued value.
“This leads to inconsistent performance and the perception that personalization programs are unprofitable,” the report authors said. “Organizations lack a holistic approach to personalization, in most cases an operating model that integrates into broader content and marketing operations needed to power personalization engines. Personalization technologies can certainly help, but they must be integrated into marketing operations workflows to truly generate value.
Gartner first launched its Personalization Engine report in 2018.
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The Department of Consumer Affairs has established a committee to develop a framework for verifying false and misleading e-commerce reviews.
Under the provisions of the Consumer Protection Act 2019, a Central Consumer Protection Authority (CCPA) was established on 24 July 2020 to regulate matters, among others, relating to false or misleading advertisements which are harmful to consumers. interests of the public and consumers as a class, Minister of State for Consumer Affairs Ashwini Choubey said in the Lok Sabha on Wednesday.
The CCPA has issued 24 unfair trade practice advisories against e-commerce companies and issued two safety advisories to alert and urge consumers to avoid purchasing household items such as pressure cookers, headphones, and more. which are not compliant with Bureau of Indian Standards, the response said.
The CCPA notified the Guidelines for the prevention of misleading advertisements and the approvals for misleading advertisements on June 9, 2022. These guidelines provide; (a) the requirements for an advertisement to be non-misleading and valid; (b) certain terms regarding bait advertisements and free advertisements; and, (c) prohibiting substitute advertisements.
The ministry is seeking to develop a framework to control fake reviews posted on e-commerce websites to protect consumer interests.
Earlier, the Ministry of Consumer Affairs along with other stakeholders including the Advertising Standards Council of India (ASCI) held a meeting with stakeholders including e-commerce entities to discuss how whose paid, unverifiable reviews make it difficult for consumers to recognize genuine reviews.
The Global RF Front End Devices Market The study provides a comprehensive examination of the market throughout the projection quantity. The study covers an extension of sections along with the associated analysis of events and factors that are likely to play an important long-term role. These elements, called market dynamics, encompass the drivers, restraints, options, and challenges that characterize the image of these elements. The area of market intrinsic elements unites drivers and constraints, while the area of accidental elements unites alternatives and difficulties. Throughout the quantity of forecasts, the Planet RF Front-end Device Market report provides associates with an overview of the market performance in terms of revenue.
This analysis provides an associated comprehensive assessment of the Global RF Front End Devices Market. Market estimates provided at regular intervals by the reporting area unit supported intensive secondary analysis, primary interviews and qualified internal assessments. These market estimates have been developed by examining the impact of various social, political, and monetary factors, along with current market dynamics, on the global RF Front End Devices market.
Get Sample PDF Copy of Latest Analysis on RF Front End Devices Market 2022 Before Purchase: https://www.marketresearchintellect.com/download-sample/?rid=507808
Apart from market outline, which has market dynamics, the chapter includes Porter’s 5 Forces analysis, which explains the five forces to add to the global RF Front End Devices market, further as consumer dialogue power, power of dialogue of suppliers, risk of recent entrants, risk of substitution and degree of competition from competitors. It describes the various participants at regular intervals in the market system, such as system integrators, intermediaries, and end users. The report further examines the competitive landscape of the global RF Front End Devices market.
Some of the key players profiled in the study are:
Skyworks Solutions Inc.
The most important styles of RF front end devices discussed in this report are:
Radio frequency filter
Low noise amplifier
Most important RF Front End Devices Market Applications covered in this report are:
The attached regions are: North America, Europe, Asia-Pacific, Oceania, South America, geographical area and continent
Breakdown at country level: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), Holland, Spain, Italy, Belgium, Austria, Turkey, Russia , France, Poland, Israel, United Arab Emirates, Qatar, Kingdom of Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Sjaelland etc.
Impact of the RF Front End Devices Market report:
–Comprehensive assessment of all opportunities and risk in the RF Front End Devices market.
– Recent innovations and major events in the RF Front End Devices market.
–Detailed study of business avenues for growth of the RF Front End Devices Market-leading players.
–Conclusive study regarding the RF Front End Devices Market expansion plan for forthcoming years.
– In-depth understanding of RF Front End Devices market drivers, restraints, and major minor markets.
–Favorable impression within significant technological and market latest trends placing the RF Front End Devices market.
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Strategic Points Aligned In RF Front End Device Market TOC:
– Chapter 1: Introduction, market actuation product Objective of study and analysis Scope of the global RF Frontal Devices Market (2022-2028).
– Chapter 2: Exclusive Insight – the fundamental information of the global RF Front End Devices market.
– Chapter 3: Ever-changing Impact on Market Dynamics – Drivers, Trends and Global RF Front End Device Challenges and Opportunities; Post-COVID analysis.
Market Research Intellect provides syndicated and customized research reports to clients across various industries and organizations with the aim of providing functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing & Construction, Chemicals & Materials, Food & Beverage, and more. These reports provide an in-depth study of industry analysis, value for regions and countries, and industry-relevant trends.
Finally, aside from various intrusions into state laws and common law claims, the most common form of software protection is a simple contract. Unlike free and open source software, most commercial software products are licensed only in object code form and may be subject to shrink-wrap or click-through agreements. Notwithstanding legitimate concerns about whether these agreements are enforceable or constitute an abuse of dominance, they:
(1) Grant limited licenses;
(2) include confidentiality obligations and restrictions against copying, modifying, redistributing and, in some cases, accessing the Licensed Software; and
(3) Prohibit reverse engineering and other means of discovering or reconstructing software source code. This allows software rights holders to contract around legal first sale, fair use (including reverse engineering), and essential use rights by licensing, rather than selling, physical copies of Owner’s Software subject to usage restrictions and Licensee’s waivers of such rights.
Another strategy with software as a trade secret is to withhold distribution of tangible copies of the software by adopting a SaaS or other remote service model. This strategy is based on the reasoning that, under the terms of a software license agreement, the licensee generally grants a license rather than owns a copy of the software, and that legal limitations of copyright protection author therefore do not apply. The software rights holder is then free to impose additional contractual restrictions on the transfer and use of copies of its software.
Breach of contract, therefore, is not equivalent or preempted by copyright infringement claims and can be a valuable additional tool to traditional intellectual property rights.
Accordingly, a software licensor may attempt to preserve both contractual and statutory intellectual property rights (e.g., copyrights and patents) by defining license agreement restrictions as:
(1) Commitments which, if breached, give rise to an action for breach of contract. These commitments are generally defined in the restrictions clause of the license agreement;
(2) Licensing terms which, if breached, suspend or terminate the license and give rise to a copyright or patent infringement action. These license terms are usually defined at the outset of the license grant; and
(3) Limitations of the scope of the license grant also giving rise to an action for infringement in the event of an overrun. These limitations are usually set forth in the license grant and may include, for example, limitations and restrictions of territory, duration, permitted use, permitted user, volume of use, and area of use.
Virgin Money UK (LON:VMUK – Get a rating)‘s stock had its “buy” rating restated by equity analysts Shore Capital in a report released Tuesday, Marketbeat reports.
A number of other research analysts have also weighed in on the stock recently. Morgan Stanley reiterated an “underweight” rating on Virgin Money UK shares in a Thursday, April 14 research report. Deutsche Bank Aktiengesellschaft cut its price target on Virgin Money UK shares from 245 GBX ($3.00) to 230 GBX ($2.82) and set a “buy” rating for the company in a report from the Monday May 30. Royal Bank of Canada cut its price target on Virgin Money UK shares from 200 GBX ($2.45) to 180 GBX ($2.21) and set an ‘industry performance’ rating for the company in a Monday, June 27 report. Barclays raised shares of Virgin Money UK to an “overweight” rating and cut its target price for the company from 245 GBX ($3.00) to 200 GBX ($2.45) in a Thursday, June 30 report. Finally, JPMorgan Chase & Co. raised its price target on Virgin Money UK shares from 180 GBX ($2.21) to 190 GBX ($2.33) and gave the company a “neutral” rating in a report from Friday July 1st. One equity research analyst assigned the stock a sell rating, three assigned a hold rating and six assigned the company’s stock a buy rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of 220.33 GBX ($2.70).
Virgin Money UK stock up 1.0%
Virgin Money UK shares opened at 145.40 GBX ($1.78) on Tuesday. The company has a market capitalization of £2.10 billion and a price-earnings ratio of 330.57. The company’s 50-day moving average is 137.94 GBX and its 200-day moving average is 163.51 GBX. Virgin Money UK has a 12-month low of 1.46 GBX ($0.02) and a 12-month high of 218.70 GBX ($2.68).
Insider activity at Virgin Money UK
Separately, insider David Duffy sold 6,572 shares of the company in a trade on Monday, June 20. The shares were sold at an average price of 127 GBX ($1.56), for a total transaction of £8,346.44 ($10,227.23).
Virgin Money UK PLC provides banking products and services to consumers and small and medium-sized businesses under the Clydesdale Bank, Yorkshire Bank and Virgin Money brands in the UK. The company offers savings and checking accounts, mortgages, credit cards and home loans; corporate loans, overdraft facilities, cash solutions, corporate and structured finance; asset financing and wealth referencing services; risk management; international trade services; money services, pensions and investment and protection products; and home, auto, travel, life and critical illness insurance products.
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Should you invest $1,000 in Virgin Money UK right now?
Before you consider Virgin Money UK, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Virgin Money UK didn’t make the list.
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Falls are a serious public health problem, resulting in tens of thousands of deaths each year and racking up billions of dollars in healthcare costs. Although there has been extensive research into the biomechanics of falls, most current approaches study how the legs, joints, and muscles act separately to respond, rather than as a system. The ability to measure how these different levels relate to each other could paint a much clearer picture of why someone falls and precisely how their body compensates. Until recently, however, an integrated measurement approach was elusive.
In recently published research, Pawel Golyski and his Ph.D. Advisor Greg Sawicki, associate professor of mechanical engineering and biological sciences at the Georgia Institute of Technology, is studying whether mechanical energy can be used as a “common currency” to measure how humans use the lower limbs to stabilize themselves during walking . Their research, published in the Royal Society Interface Journal, lays the groundwork for using mechanical energetics to understand the roles of joints and muscles during unsteady locomotion. The article also contributed to Golyski’s selection as this year’s recipient of the American Society of Biomechanics (ASB) Predoctoral Achievement Award.
Golyski, a graduate member of Sawicki’s Wearable Robotics Physiology (PoWeR) Laboratory, previously worked as a research scientist with lower limb amputees at Walter Reed National Military Medical Center. For her graduate studies at Georgia Tech, her goal was to develop an understanding of how devices and the human body work together, particularly at the intersection of three elements: muscle mechanics, wearable exoskeletons, and stability during motion. walking.
Each of the three elements is related to the others. Exoskeletons affect a person’s stability while affecting the functioning of their muscles, and vice versa. But examining how muscles interact with exoskeletons and affect stability is an interesting challenge, Golyski says. Because, although one can observe how muscle dynamics change with the use of an exoskeleton, the relationship between these changes and stability is not understood. To understand how the three pillars work together to help humans compensate during a fall, Golyski and Sawicki needed to come up with a new framework for measuring stability.
Researchers knew that for a person walking at a constant speed on flat ground, the net mechanical energy of the person and each leg in one stride – from the heel strike of one leg to the next heel strike of that same leg – is zero. They also knew that energy should equal mechanical energy at all levels of description of the leg, especially the joints and muscles.
“The idea is that if we can relate stability to a demand for energy, then we can become accountants and track how energy – our currency – changes at the level of the person, the muscle and the exoskeleton” , said Golyski. “It provides a really powerful framework for linking these three areas.”
Golyski and Sawicki designed an experiment with a person walking on a treadmill. Using a split-belt treadmill, they applied short, quick disturbances, called disturbances, in the form of belt speed increases on one leg while walking. The aim was to inject or extract energy during a stride, in order to then be able to measure the evolution of the energies of the person’s legs and joints.
For the experiment, they used Georgia Tech’s CAREN (Computer Assisted Rehabilitation Environment) – an integrated system used to study stability during movement. It features cameras mounted above a treadmill to track a person’s movement using motion capture markers attached to the person. Using an algorithm designed by Golyski, Sawicki, PoWeR lab Ph.D. student Jennifer Leestma, and high school mentee Esmeralda Vazquez, CAREN can run perturbations based on a person’s movements, allowing researchers to initiate disturbances at specific times in the gait cycle. By combining the force of the treadmill with positional data collected by CAREN, Golyski and Sawicki can calculate energy changes in a person’s individual joints.
Their new framework could help determine which part of a person’s body is dealing with destabilizing energy responses, indicating specific muscles or joints to target with rehabilitation therapy. It could also open the door to advanced exoskeletons and prosthetics that target specific joints to restore stabilizing responses in people with balance disorders.
“The body of research that Pawel has done during his doctoral studies is simply impressive. He has innovated by developing new experimental techniques and a new device to assist the hip exoskeleton, by carrying out measurements new muscle imaging techniques and ultimately answering the question of how exoskeletons alter joint and muscle dynamics to influence the stability of human gait,” said Sawicki. “I was delighted that Pawel’s outstanding contributions as a scientist-engineer have been recognized by the ASB, and I am even more delighted that he is returning to Walter Reed – his dream job – to apply his new skills to help people from here. until there.”
This summer, as part of this recognition, Golyski will deliver a research lecture at an awards session at the North American Biomechanics Congress in Ottawa, Ontario. He will also graduate from Georgia Tech and return to working with veterans and active service members at Walter Reed.
Source of the story:
Material provided by Georgia Institute of Technology. Original written by Catherine Barzler. Note: Content may be edited for style and length.
WARSAW – A driver whose brakes reportedly failed is in stable condition at Strong Memorial Sunday, a day after the vehicle she was driving crossed an intersection, into a yard and hit a building at Humphrey’s Hollow Apartments, 50 Oak St .
Warsaw Police Chief Peter Hoffmeister said Sunday morning that Dana Smith, 25, of Perry, was first taken by Perry’s ambulance to Wyoming County Community Health System and then to Strong , possibly by doctors in Wyoming County, Hoffmeister said.
Smith’s injuries are not life-threatening, Hoffmeister said. She was due to undergo further treatment on Monday.
“She has a fractured femur and a dislocated left hip, and internal bleeding,” he said. “Looks like she’s going to be here for a little while.”
Around 1:30 p.m. Saturday, a witness called the county’s 911 Dispatch about the crash, Hoffmeister said.
“Warsaw Police Department, Warsaw Fire Department and Perry Ambulance responded, Wyoming County Physicians also responded. Our officer arrived on scene, located a vehicle north of Humphrey Hollows, probably 75 yards from the road. The vehicle hit the building, apartment A,” he said.
Hoffmeister said, according to witnesses and Smith, she was driving east on Summit Avenue on Saturday afternoon.
“It’s a very steep road, straight down the hill. She was coming down the hill and she said she lost her brakes,” he said. Hoffmeister said Smith tried the emergency brake and it didn’t work.
“She went through the stop sign at Summit Avenue and Oak Street. She veered off the road and hit the Apartment A building in Humphrey’s Hollow,” he said. “I thought she was going at least 50 mph at the time of the collision.”
There were no close calls involving the Kia and other vehicles, Hoffmeister said.
“It’s a pretty quiet street. We were lucky there,” he said.
After the impact, the Perry resident was trapped in the Kia, which sustained extensive front end damage, the police chief said.
“We couldn’t open the doors to get her out. Warsaw firefighters actually pulled her out of the vehicle with the Jaws of Life,” Hoffmeister said. “It took some time to make sure the vehicle was not on fire. It was just antifreeze leaking onto the engine and smoking. It appeared to two witnesses that the vehicle was on fire, but it was not.
Warsaw firefighters stabilized Smith and opened the doors.
“Once the doors were closed, they were able to easily get her out of the vehicle and take her to the hospital. It took them about 20 minutes to get through it with the jaws of life,” he said.
Apartment A is one of four Humphrey’s Hollow apartment buildings, the police chief said. He said the 2015 Kia hit Apt. 4, a lower apartment. Hoffmeister said there was quite a bit of damage.
“He pushed the brick wall into the apartment, which damaged the structure. We had to move two tenants from a lower and an upper apartment,” he said. “Fortunately, at the time of the accident, no one was home.”
The only tenant of Apt. 4 has been moved, as has the sole tenant of Apt. 6, the upper apartment where the Kia hit the building.
“We are working with Wyoming County Code Enforcement to make sure the building is safe for people. We will be working with the property owners this week on this (building damage assessment).
Warsaw police remained at the scene for about an hour and a half on Saturday, Hoffmeister said. County code enforcement was still on the scene with assistant fire chief Joshua Crane when police left.
“We just helped secure the departments that were moved and that was it,” Hoffmeister said.
The Warsaw police investigation is continuing, he said on Sunday. Tickets may possibly be issued.
“We will discuss it (the charges) once the investigation is complete,” Hoffmeister said.
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TikTok said, “We have contacted OAIC who we are now in correspondence with. Given the many inaccuracies and errors in the Internet 2.0 report, we look forward to providing a clearer and more accurate picture to the Commissioner.
Internet 2.0 responded by saying, “We have reviewed TikTok’s claims regarding our research and found that they contradict their own privacy policies and source code.”
“As a result, we believe TikTok should be more open with researchers and journalists. Our research, on the other hand, is open to external scrutiny and our work is held in the highest regard by our peers in the field.
Internet 2.0 analysis also revealed that TikTok polls the Android device’s GPS location at least once every hour and found that it requests access to users’ contacts. If the user denies the request, Internet 2.0 indicates that the user is continuously polled in a loop until access is granted.
“It is normal for an app to initially request access to contacts, but TikTok’s persistent and endless harassment for access to users’ contacts is abnormal. This reflects a culture that does not prioritize privacy or to a user’s privacy preferences,” the report said.
Internet 2.0 analysis also revealed that TikTok collected a range of device information. However, the social media company denied some of these findings.
“Internet 2.0 distorts the amount of data we collect. For example, we do not collect the user’s device IMEI, SIM card serial number, active subscription information, or IC card ID number. We don’t have automatic clipboard access, although it can be initiated by a user,” TikTok said.
“Unlike other apps, we don’t collect precise GPS location, but use approximate location information like IP addresses to make general inferences that help us comply with local laws in the markets we operate in. This also helps us support fraud prevention and detection, and prevent inauthentic spam or bot-like behavior on our platform.”
Liberal Senator James Paterson said he welcomes the independent OAIC’s move to investigate TikTok.
“It is recognition that the recently revealed privacy and cybersecurity issues are serious. But we also need the Albanian government to step in and act – these problems will not solve themselves,” he said.
Social media apps, in general, collect massive amounts of data, deemed unnecessary by many privacy experts, largely to profit from engagement and the sale of targeted ads. For example, Facebook Messenger was singled out by OpenDemocracy for its excessive data collection, which included name, email, location, user ID, iMessage, photos and videos, health and fitness, etc.
However, earlier this month, the Financial analysis revealed that TikTok, in a letter to Senator Paterson, admitted that Australian user data could be viewed by staff in mainland China.
Although the social media company’s executives have stressed that strict protocols overseen by its US security team tightly restrict access as needed, politicians and security experts remain concerned about the security of such information.
Indeed, reports and research on ties between ByteDance, TikTok’s parent company, and the Chinese Communist Party, the spread of propaganda and censorship, as well as China’s 2017 National Intelligence Law, which mandates organizations and citizens to “support, assist and cooperate with the intelligence work of the state”.
Washington, DC – Republican U.S. Senator Joni Ernst joined fellow Republican Iowa Senator Chuck Grassley to introduce the bipartisan and bicameral Next Generation Fuels Act, a proposal that aims to take advantage of higher octane fuels to improve engine efficiency and performance. Allowing the sale of fuels with higher octane levels would increase the amount of ethanol that can be used in the fuel supply, which would lower prices at the pump for consumers.
Ernst called the proposal “no brainer.” She says The people of Iowa are crushed by exorbitant prices at the pumps and America continues to depend on foreign countries for its energy. Ernst says this bipartisan legislation will bring America closer to energy independence and away from dependence on adversaries, while reducing costs for consumers and supporting our hard-working farmers and biofuel producers.
Senator Chuck Grassley says the Next Generation Fuels Act would gradually increase the use of local ethanol at gas stations across the country, making Americans less dependent on foreign oil and less vulnerable to OPEC’s anti-competitive tactics. He says that as we look to the future of liquid fuels, this legislation can play a vital role in restoring energy independence, saving consumers money, reducing carbon emissions and expanding the market for farmers and ethanol producers.
Join Grassley and Ernst to present the Next Generation Fuels Act are Meaning. Amy Klobuchar (D-Minn.) and Tammy Duckworth (D-Ill.). Similar legislation was introduced in the U.S. House of Representatives by Rep. Cheri Bustos (D-Ill.) and is co-sponsored by all members of the Iowa congressional delegation, including Rep. Cindy Axne ( D-Iowa), Randy Feenstra (R-Iowa), Ashley Hinson (R-Iowa) and Mariannette Miller-Meeks (R-Iowa).
Locally, ethanol is produced at facilities in Ashton, Hartley and Sioux Center.
Rust is fast, which makes the language a viable option for building WebAssembly programs. There are plenty of Rust libraries and frameworks to help you out, with support for the tools you use to build web apps.
1. Sycamore Library
To use Sycamore, you’ll need a recent version of Rust—the wasm32-unknown-unknown target. You will also need Trunk to create and bundle your application. Since Sycamore is new, it will be risky to use the main branch library in production unless you resort to an older version.
2. The yew frame
You can get started with Yew using the Trunk or WASMPack app bundle. Check out the documentation for how to get started, interact with the HTML and DOM APIs, and transpile your Rust code to WebAssembly.
The Yew project is very popular, with over twenty thousand stars on Github and five thousand users. Yew is stable, but the project is not production ready and the codebase is changing, so you may experience errors and outages.
3. The Percy Library
Percy is a collection of Rust libraries for building WebAssembly-powered front-end web applications. Percy supports server-side instant rendering. The project excels in creating single-page applications (SPAs) suitable for search engines.
Percy provides a html! macro to generate virtual DOMs. You can render them into DOM elements in the frontend or use them for operations in your app’s backend.
Percy is still very new, and although the library is not production-ready, the project is very popular, with over two thousand stars on Github.
4. The starter framework
Seed is a WebAssembly-powered, battery-powered comprehensive framework for building fast web apps in Rust. The Seed framework provides a template system that uses macro syntax instead of Yew’s JSX-like syntax. It also has a built-in status management system to improve productivity.
Seed is new and pre-built components like date pickers are rare. Although Seed does not currently support server-side rendering, the project aims to include it soon. Otherwise, Seed is complete and you can create production-ready web applications with it. Seed also uses the Elm architecture with minimal configuration. You can build and bundle your apps using Trunk, Web Bundler, or Seeder.
You can also use Seed for the backend of your web application. Seed provides functionality to create REST or GraphQL APIs with routing and authentication support and AuthO integration.
The philosophy of the MoonZoon project is to create a very simple tool without any particular terminology, artificial barriers or dogma. By using it, you can focus on building web applications as you want. You will need to have WASM-Pack installed to build the front end. The backend of a MoonZoon application runs on Actix-web and Warp, two popular Rust backend frameworks. MoonZoon also provides authentication functionality.
MoonZoon documentation is not hosted at this time. To use the tool, you can view the markdown files in the documents folder via the project’s GitHub repository.
You may have interacted with WebAssembly
WebAssembly was first released in 2017, and the World Wide Web Consortium (W3C) made WebAssembly a web standard in 2019. Since 2019, companies like Cloudflare, Google, and Dropbox have used the technology in production.
Google Earth uses WebAssembly, Cloudflare uses it for Cloudflare Workers, and Dropbox uses WebAssembly for a codec on its website.
Eboni McKinley of Marin City comforts 10-year-old Keyari Powell at a rally against violence in Marin City on Friday, July 29, 2022. (Sherry LaVars/Marin Independent Journal)
Shaniya Valentine, 13, of Marin City raises her arms as she walks with others from Rocky Graham Park to Golden Gate Village during a peace march in Marin City Friday, July 29, 2022. Organizers called at the event following a homicide on Sunday. (Sherry LaVars/Marin Independent Journal)
Children take part in a peace rally in Marin City Friday, July 29, 2022. Protesters called for an end to the violence after Sunday’s fatal shooting. (Sherry LaVars/Marin Independent Journal)
Charmaine Baker participates in an anti-violence march from Rocky Graham Park to Drake Avenue and Cole Drive, the site of a recent murder, in Marin City on Friday, July 29, 2022. (Sherry LaVars/Marin Independent Journal)
Protesters take part in a march against violence along Drake Avenue in Marin City on Friday, July 29, 2022. (Sherry LaVars/Marin Independent Journal)
Reverend Rondall Leggett offers a prayer before a peace march at Rocky Graham Park in Marin City on Friday, July 29, 2022. Crowds marched from the park to the site of a recent murder to urge and end the violence. (Sherry LaVars/Marin Independent Journal)
Shaniya Valentine hoisted a megaphone at the front of a peace march through Marin City on Friday afternoon and issued a call and response to end gun violence in a community that has been rocked by another death shot last weekend.
“Two, four, six eight, stop the violence, stop the hate,” shouted Shaniya, a 13-year-old student at Bayside Martin Luther King Jr. Academy who is entering eighth grade this year.
More than 150 students, community members, law enforcement officers and government officials gathered for the Peace Walk between George “Rocky” Graham Park and Golden Gate Village.
On Sunday, a 42-year-old Oakland man, Michael Arthur Rogers II, died in a hospital after being shot in the neighborhood. A second victim survived. The suspect, Sel Charvet Butler Jr., 27, of Marin City, also survived gunshot wounds.
Butler was jailed Wednesday in the county jail on suspicion of murder, assault with a deadly weapon, shooting an occupied vehicle and being a convicted felon in possession of a firearm. The Marin County District Attorney’s Office charged him with those crimes Thursday.
Butler’s defense attorney requested that the arraignment be postponed until August 30. Butler is being held without bond.
Sheriff’s investigators have not released an alleged motive for the shooting or details about what led up to it.
The case is the second firearm homicide in Marin City since March 3, when 18-year-old Randy Ray Belanger of San Anselmo was fatally shot in a parking lot not far from Sunday’s incident. The Marin County Sheriff’s Office is still investigating the matter and has not made any arrests.
Shaniya heard the gunshots Sunday from her residence, she said. She said this and similar incidents frustrate her because young locals don’t want to feel uncomfortable about the threat of guns.
“When you see all the people walking today, you can see they care,” Shaniya said. “These people have families. It’s just sad. You feel like you don’t have to do this, especially at this young age.
The march aimed to draw attention to “trauma triggers” to help heal local youth, especially people of color who primarily make up Marin City’s population, said organizer Ayana Morgan, 24. She said the effort to stop the violence now could act as healing for a new generation that didn’t have the same negative impressions of Marin City as many adults.
“We have to do something for them,” Morgan said.
About a third of Friday’s marchers, including Shaniya, were black youth, many of whom carried signs reading “No violence” and “Not in our town.” They were joined by many others from Marin City, Sausalito and across the county.
“Unity is the path to making a difference in senseless gun violence,” said Sausalito Marin City School District Board Administrator Yasmine McGrane. “From students to seniors, intergenerational connection is where the power is to help solve gun violence.”
Reverend Rondall Leggett of the First Missionary Baptist Church called the march a “direct response” to the recent shooting.
“These unfortunate, heinous, senseless and relentless acts of violence are happening too now,” he said. “I’ve been to too many wakes, mostly for young men who died for something insane.”
“We come to this with heavy hearts, weary bodies, minds overwhelmed with why we keep coming back to this moment,” Leggett said during a speech at the park.
Carol Thomas, a former Marin City resident now living in San Rafael, sang an imploring proclamation of religious and community connection with a song titled “Jesus is Love.”
“Words can fall empty, fall flat,” she said. “But by saying it with music and lyrics, you’ll reach more people.”
Marin City Community Services District board member Terrie Harris-Green said she would use job training and recreational resources to promote alternatives to violence or guns.
“We have to do something different,” she said. “We’re going to need resources and jobs to do that.”
Sheriff Jamie Scardina also marched alongside Marin City residents and was joined by several uniformed deputies.
“It shows this community and the communities of all Marins that we want to end gun violence,” Scardina said. “It’s a partnership and we can’t do it alone.”
I’ve been hiring lately and the moment of cringe when I look at some people’s side projects on their resume is enough for me to trash their resume. Some side projects are so bad they can move the average man or woman to tears. In this article, I will tell you why your side projects suck and how you can make better and serious side projects. For the disclaimer, this does not apply to people who are just doing side projects to pass the time and have fun. Just make sure those shitty side projects don’t end up on your resume, or I’ll blacklist your name from applying to my company, LOL. Show me something different. I’m sick of seeing Netflix clone, Covid tracking app, web scraper, WhatsApp clone, on your resume. Just show me something different, unique and creative. It’s like walking up to Rihanna and saying, “Hello babe, I really like you, let’s go on a date.” Yes indeed! you’re probably the 7 millionth guy to say that.
Why the standards have changed
Don’t be fooled by the name, “side project”, especially when trying to stand out. See, 10 years ago there weren’t a ton of tutorials on YouTube that spoon-fed how to build your favorite app. Standards were low at that time. If you showed potential employers your WhatsApp clone project or maybe your Facebook clone MVP, that might have gotten you hired. We live in a time where several videos on how to make Netflix clone, Twitter clone, Uber clone, etc. are all over YouTube. The creators of these contents do not even ask for money in return, all they ask is to like their videos. These videos get millions of views and are completed by hundreds of thousands of people around the world. Putting a Netflix clone project on your resume says nothing about your skills or commitment. You have simply followed a tutorial which has been watched by millions of people. Maybe you even copied the source code from the creator’s GitHub page and went through the whole free course without writing much code.
Types of Software Projects (From a Business Perspective)
I will break down software projects into two different types: “product applications” and “service applications”. The vast majority of web apps are “service apps”, not “product apps”, let me explain. The Amazon.com website is not the product, but rather a service to facilitate online shopping as well as to process orders. The website itself is useless without anyone selling it. Netflix is useless without new movies and TV shows constantly arriving. Twitter and Facebook are useless if everyone you know leaves the platforms. Uber is useless if there are no live drivers. These service applications depend on the presence of users in the real world for them to be useful. The second type of software projects are product applications. Think apps like Photoshop, Ableton, Unreal Engine, After Effect, Tableau, Power BI, VLC player, iMovie, etc. These software are the products themselves. A Photoshop with a million users performs no better than one with a thousand users. Of course, more people are using it because of the amount of free tutorials you could get or maybe job prospects. However, the product itself is not fully valued according to its users. These types of products are much more difficult to build and finding tutorials on how to build them will be next to impossible. In most cases, you can learn how to create a mini Twitter clone, Uber clone, Amazon clone, etc. Good luck finding a tutorial on how to create an “After Effect” clone or a digital audio workstation like “Ableton”. You wouldn’t even find a clone of the most minimalist features. You will need to read academic papers to gain serious knowledge about how the most basic features of product applications work.
How to Build a Proper Side Project Like a Pro
I mentioned the 2 types of software products above, for a reason. When you want to create a side project, especially a “service application” like Amazon.com, etc., you need to create a project that has users for it to stand out. Rather than creating another Netflix clone from a tutorial you followed, why not create a video streaming app to stream short indie movies? In fact, you can be more specific; Say you live in India, you can create a movie app like Netflix where people can login and watch low budget Indian drama movies. You’ll approach these filmmakers, discuss your rates with them, look at different ways to monetize this platform, get different types of data from real users of your app, and analyze that data. Even if you end up not profiting from this project, it would be a real-world experience rather than just creating a clone of an app that millions of people around the world are building and then dumping the code on GitHub. Now you want me to hire you when your code on GitHub looks so much like the person who made the tutorial? SMH.
If you create an application based on a product, you must find few users who use it for their work and also pay for it. For example, you have decided to create your own video editing application for mobile devices. Find a few professionals who are not only willing to use your software, but also pay for it. While using your application for their work, they would find a weakness in your application workflow/pipeline and it would be up to you to improve that. Also have a showcase of videos made using your app. You could go crazy and add VFX functionality to your product. See if this is something your users would want. Perform analysis, do market research, get user feedback and have a roadmap for your project. I would like to see all of this on your CV, if you plan to include a side project.
For me, I like to see a very complex project that you have worked on. That means more to me than a million junk clone apps from YouTube tutorials. I’m not impressed if you can complete 30 tutorials and copy the code the instructor asked you to copy. The industry is saturated with low quality newbies, lots of them. To stand out and get a job or even turn your side project into a startup, you have to do something different. When reading CVs, I will probably only check 1 or 2 of your projects. If they’re both simplistic garbage, then I’ll assume the others are like that. and…… Bingo! your CV has now been swallowed by my trash.
“We think, especially given the growing Iranian ballistic missile threat, there is great promise here.”
A senior US administration official said Thursday that no framework had yet been developed for an integrated air and missile defense system in the Middle East.
The comments of an anonymous official quoted by Reuters came shortly after US President Joe Biden raised the issue during his recent visit to Saudi Arabia, where he held a summit with Arab leaders.
“It’s an idea right now, there’s no framework for it (…) but it was important for the president to raise the issue of better integrated regional air and missile defence,” the official said. responsible for administration, according to Reuters.
“We believe, particularly given the growing ballistic missile threat from Iran, that there is great promise in having a more networked, more integrated and more cooperative approach to air missile defense,” he said. -he adds.
Biden’s trip to the Middle East began with a visit to Israel and it was hoped to bring the Jewish state closer to warming relations with Saudi Arabia as Biden became the first US leader to take a direct flight from Tel Aviv to Jeddah. . However, his proposal on the regional security alliance did not receive visible support from Arab states.
Although Saudi Arabia announced during Biden’s visit that it would open its airspace to all carriers, including flights to and from Israel, the Gulf country’s foreign ministry said later that he had signaled no further steps towards normalization with Israel, and no talks of a possible defense alliance were held.
No breakthrough was also made on building a regional axis against a common threat from Iran’s nuclear and missile programs. Tehran had previously warned that US-Israeli plans for a joint defense pact with Arab states to counter the threat from Iranian drones and missiles would only increase regional tensions.
AKRON, Ohio (WOIO) – It has been 30 days since the fatal shooting of Jayland Walker by Akron police.
As the community awaits the outcome of the investigation, a conversation has taken place to discuss the impact of a case that has not only sparked protests in Akron, but also in Washington, DC and Chicago.
The impact felt as a family mourns, the community demands answers, police are threatened and businesses are affected by unrest.
Shammas Malik, councilor for Ward Eight in Akron, told 19 News it was time to work on healing by offering solutions.
“We see a lot of injuries, we see a lot of trauma, we see a lot of pain. Obviously it affects a lot of people. So I think it’s really important that people have the opportunity to talk about it and share their views,” Malik said.
Phillip Kroll, 86, of Akron, says he is appalled by the Walker case, but knows the police have a dangerous job.
However, he wonders who was in charge that night: “It’s a very stressful job and I understand that, but I still think there should be some sort of order, someone should be in charge of cancel it.”
But, Kroll said that wasn’t the only issue in his view, “Oh, I definitely think there’s a racial component to it. It’s something that hasn’t gone away and we haven’t did enough to fix it.
A woman who declined to be interviewed insisted that while the police are under the microscope – what about the people who are running from the law, refusing to stop and putting everyone at risk – y understood themselves?
David Perry, a downtown Akron business owner, said he favors a citizens’ review board for the sake of accountability,
But he said other protocols also needed to be put in place: ‘I would also suggest at the start, police recruitment and police vetting based on their background with other police services. As much as possible, I would like the police department to resemble the people being policed, not just race, but ethnicity and neighborhood. But we still have a long way to go on that.
Councilman Malik is leading the charge of a similar Citizen Review Board in Cleveland and Columbus, and believes it should happen sooner rather than later.
“A Citizens’ Review Board is completely independent of the police department, independent of the mayor’s office, and it can help create a little more legitimacy and a little more trust.”
We hear a lot about Bitcoin in the news. But what exactly is it, how does it work and what impact will it have in the rest of the world? Here’s everything you need to know
Invented in 2009, Bitcoin is the oldest and best known cryptocurrency in the world. Like its various crypto counterparts, it is also extremely volatile. While many Australian investors are drawn to its wealth-generating potential, it is rarely a smooth or even successful path to wealth creation.
People once traded physical assets such as gold and silver for goods and services. But these were difficult to transport and vulnerable to theft and loss, so the banks offered to keep them for us, issuing notes that proved the wealth we had in the bank.
Eventually, the connection between these notes and the goods they represented was severed. Instead, governments declared the tickets themselves valuable.
We trust banks to honor the value of our currency so that we can accept cash as payment and others will accept it from us.
A cryptocurrency is essentially a digital version of money that exists outside the established framework of national governments and central and private banks. It allows two people to trade it or buy and sell with it without Westpac or NAB needing to facilitate payment.
In other words, each party to the transaction is convinced that the asset being traded has intrinsic value.
How do bitcoin payments work?
Making a bitcoin payment is as easy as sending an email. you transfer Bitcoins from your digital wallet (obtained when you buy currency from a crypto exchange) to someone else using an app or website and the person’s unique Bitcoin address.
Payments are processed and verified by a network of ordinary people with computers running specialized software.
These volunteers are called Bitcoin miners. They use high-end computer hardware to solve increasingly complex mathematical verification problems generated by Bitcoin’s source code – its computer DNA.
The hardware is expensive, extremely powerful, and consumes huge amounts of power. More on that later.
Once a payment is verified, the miner adds a record of the transaction to a shared online ledger. The record includes the sender’s and recipient’s bitcoin addresses and the amount transferred.
Entries in the general ledger cannot be edited or deleted. And since everyone’s ledger copy has to match, it’s extremely difficult for someone to claim that they have more bitcoin than they actually own, because everyone’s ledger copy would contradict them. .
Miners do not verify one transaction at a time. Transactions are grouped into “blocks” which have limited space. When a block is ‘full’, a new empty block is created.
Each new block refers to the previous block containing information about older transactions. The blocks form a chain that goes all the way back to the very first Bitcoin transaction.
This public blockchain ledger provides an indelible, definitive, and transparent record of which wallets hold Bitcoin and how much each holds at any given time – with the receipts to prove it.
What is Bitcoin Mining?
A Bitcoin miner who adds a block to the chain receives a new Bitcoin worth thousands of dollars. It sounds like free money, but the investment required to build and run a machine capable of processing a block is significant and increases over time.
Around 900 Bitcoins are “minted” every day. At today’s prices, their total value is over $18 million. The total Bitcoin supply is limited to 21 million. Once the limit is reached, it will no longer be possible to hit.
Additionally, the reward for mining one Bitcoin halves every four years. At the current trajectory, it is predicted that the last bitcoin will be mined by 2140 unless the current protocols are changed.
How to use Bitcoin?
You can buy it, sell it, and use it to purchase goods and services wherever it is accepted. You don’t have to spend in whole Bitcoins – each can be subdivided (see below).
Bitcoin payments aren’t exactly common, but big names like Microsoft, Express VPN, and Wikipedia accept Bitcoin payments.
Many people simply invest in Bitcoin in the hope that its value will increase. Bitcoin reached nearly $69,000 in November 2021, but has since fallen 70% in value. At the time of writing, one bitcoin was valued at around $20,000. The cryptocurrency continues to fluctuate in value today, with some leading industry figures arguing that the value of Bitcoin could remain well below its peak for the next two years.
This type of market volatility has raised the eyebrows of regulators. The Federal Government, through its Moneysmart website, points out that crypto is, in most cases, not considered a financial product and therefore your crypto platform may not be regulated by the corporate regulator, the Australian Securities and Investments Commission (ASIC).
As Moneysmart States: “When a cryptocurrency fails, investors will most likely lose all the money they have invested.”
Who can buy Bitcoin?
anyone can buy bitcoin crypto exchanges such as Binance and Coinbase. According Research Roy Morganover one million Australians aged 18 and over, or 5% of the population, invest in cryptocurrency.
However, unless you have $20,000 reserve in your account to buy a single token, you will be buying a fraction, or a share, of a Bitcoin.
The smaller denominations of Bitcoin are called Satoshis after the pseudonym used by its anonymous inventor(s). One Satoshi is worth 0.00000001 Bitcoin.
As mentioned earlier, Bitcoin and the cryptocurrency market are unregulated. This means there are no rules in place to protect you from losing it all, and no watchdogs to ensure everyone involved is playing fairly.
What do I need to mine Bitcoin?
According to Bitcoin expert and journalist Connor Sephton, miners need three things to be successful: access to cheap electricity, hardware known as application-specific integrated circuits (ASICs), and a mining software that connects them to the Bitcoin network.
The most capable ASICs can cost thousands of pounds to buy and operate, making them prohibitively expensive for the average person.
Is Bitcoin the only cryptocurrency?
There are countless other cryptocurrencies, collectively known as altcoins.
They include well-established altcoins like Ethereum and Litecoin, as well as fledgling altcoins like Elrond and Clover. Each currency has different values and rules, but they all follow the basic precepts of cryptocurrency.
What are the advantages of Bitcoin?
Without a middleman, there is no one to take a share of every transaction. Bitcoin is a global currency that is also easier to cross borders, and as a relatively anonymous currency, it makes transactions truly private.
It is also revered by many proponents of “DeFi” – or decentralized finance – because it does not depend on human guardians or intermediaries.
What are the disadvantages of Bitcoin?
It is unregulated, volatile and cannot be used as widely as traditional currencies.
The amount of energy used around the world to run Bitcoin is also enormous. It has the same carbon footprint as the whole country of Argentina, according to researchers from the University of Oxford in the UK.
This has raised questions about the long-term sustainability of the phenomenon, especially as global economies strive to reduce their greenhouse gas emissions in line with international environmental agreements and associated “green” targets.
This article is not an endorsement of any particular cryptocurrency, broker, or exchange, nor does it constitute a recommendation of cryptocurrency as an investment class.
A seniorA Pentagon official warned on Tuesday of an unprecedented spike in China’s “direct, aggressive and dangerous” behavior against US and partner military forces in the skies over the South China Sea, predicting that the trend would likely worsen as Beijing strives to expand its regional dominance.
Ely RatnerDeputy Secretary of the Ministry of Defense for Indo-Pacific Security Affairs, called the meetings acampaign of “coercion and harassment” which has intensified considerably over the past five years. He accused the Chinese army of various faults,including intercepting aircraft at dangerously close range and releasing objects into the air that could compromise an aircraft’s engine.
The flurry of activity “feels like a pattern and a policy,” Ratner said, “and not just a decision by an individual pilot.”
US touts progress in hypersonic arms race with China and Russia
Ratner’s remarks, made during a conference in Washington hosted by the Center for Strategic and International Studies, marked the latest in a series of pointed statements by the Biden administration highlighting the erosion of U.S.-China relations. Speaking at the Shangri La Dialogue last month, Defense Secretary Lloyd Austin also warned that China’s moves towards regional dominance were becoming increasingly “coercive and aggressive”.
A focal point is Washington’s material support for Taiwan, including its defense sector,and the looming suspicion that Beijing, emboldened by Russia’s attempted conquest of Ukraine, intends to act militarily against the Taipei government.
The Chinese Embassy in Washington did not immediately respond to a request for comment.
Biden takes aggressive stance toward China on Asia trip
China, Ratner said, uses “military intimidation and force” in an effort to disrupt the region’s status quo. Its markeddeparture from Beijing’s longstanding strategy of securing assets and influence through economic and diplomatic coercion, he said.
Overall, the trend was seen mostly in the air, Ratner said,noting that he expects that may change.
“We haven’t seen a similar trend on the water yet, but I suspect it’s coming,” he added. The United States, he said, has no intention of reducing the “freedom of navigational operations”, in which the Navyvessels transit through international waters in the region. He called the patrols “critical to upholding the rules-based international order”.
These last months, Canada and Australia both accused Beijing of dangerous maneuvers to intimidate their pilots during routine flights. U.S. officials haven’t released many more details to back up their claims, Ratner acknowledged, saying he was working to declassify data on China’s recent interceptions to illustrate the trend more substantially.
Some in Washington see athe growing urgency around the issue, particularly in light of the complexities underlying the United States’ relationship withTaiwan.
Washington’s approach has been governed since 1979 by the Taiwan Relations Act, which states in part that US policy is to provide Taiwan with defensive weapons and to help it maintain its ability to resist any threat to its security – without expressly pledge to come to the defense of the island. if China were to attack. The administration has worked to preserve this strategic ambiguity, backtracking on President Biden’s recent statements that the United States would respond “militarily” if Beijing attempted to take control of the island.
Tensions have risenthis month after Beijing threatened consequences if House Speaker Nancy Pelosi (D-California) follows through with a visit to Taiwan in August, pledging to take “strong action” in response. Although delegations of lawmakers visit Taiwan periodically, Pelosi would be the first House speaker to make such a visit since Newt Gingrich in 1997.
Biden said last week that ‘the military thinks it’s not a good idea right now’ for Pelosi to visit Taiwan, fearing Beijing will take advantage of the VIP visit – as a speaker she isthird in line for the presidency – to spark wider conflict.
Administration fears Pelosi trip to Taiwan could spark cross-strait crisis
However, Pelosi did not appear deterred and received uncommon support from Republicans, including former President Donald Trump’s most recent Senate-confirmed Defense Secretary, who during a speaking On Tuesday, he played down China’s rhetoric in response to Pelosi’s planned visit and warned that allowing “another country to dictate where US officials travel” would set a bad precedent.
“We shouldn’t take all these declarations and proclamations from Beijing too seriously,” said Mark T. Esper. “Do we honestly think they’re going to start a war or do something because the Speaker of the House is going to Taipei?” … If we allow Beijing to start dictating who can or cannot travel, then where will it stop?
White House National Security Council spokesman John Kirby told reporters on Tuesday that Biden plans to speak with Chinese President Xi Jinping this week. The two leaders, he said, would likely discuss Taiwan, Ukraine and how the countries deal with economic competition.
Biden, Kirby said, “wants to ensure that the lines of communication with President Xi on all issues – whether they are issues on which we agree or issues on which we have significant difficulty – that they can always pick up the phone and talk to each other frankly and candidly.
Senate votes to advance bill to subsidize US-made semiconductor chips
Anxiety aboutwhen and how Beijing might force a functional reunification of Taiwan with mainland China is also helping to spur initiatives to make the United States less dependent on the island’s exports.
On Tuesday, the Senate introduced a bill that would spend $52 billion on subsidizing semiconductor production. The United States relies heavily on Taiwanese exports for chips that are integral to the operation of electronic and computer equipment, and has lagged behind China in investing in a local industry.
Legislation should get enough votes in the Senate and House to be signed into law.
Capital markets regulator Sebi has notified a framework for the social stock market to provide social enterprises with an additional means of raising funds. The Social Stock Exchange (SSE) framework was developed based on the recommendations of a working group and a technical group set up by the regulator.
Social stock exchange is a new concept in India and such a stock exchange is meant to serve the private and non-profit sectors by channeling more capital to them. The idea of the SSE was first floated by Finance Minister Nirmala Sitharaman in her 2019-20 budget speech.
Under the new rules, SSE will be a separate segment from the existing exchanges, according to the three separate notices released by the Securities and Exchange Board of India (Sebi) on Monday.
Social enterprises (SEs) eligible to participate in the SSE will be entities – both non-profit organizations (NPOs) and for-profit social enterprises – with social intent and impact as their primary objective. Further, such intent should be demonstrated by its focus on eligible social goals for underserved or less privileged populations or regions.
Social enterprises will have to engage in one social activity among 16 major activities listed by the regulator. Eligible activities include the eradication of hunger, poverty, malnutrition and inequality; promote health care, support education, employability and livelihoods; empowerment of women and LGBTQIA+ communities for gender equality; and supporting social enterprise incubators.
Corporate foundations, political or religious organizations or activities, professional or business associations, infrastructure and housing companies, except affordable housing, will not qualify as a social enterprise.
Regarding fundraising, Sebi said eligible NPOs can raise funds through zero-coupon bonds and mutual funds, while for-profit social enterprises can raise capital through lending. issue of shares within the main board of directors, of an SME platform or of shares issued to an alternative investment fund, including social impact funds.
NPOs wishing to raise funds on the SSE will need to be registered with the stock exchange.
Regarding disclosures, a social enterprise, fundraising or registered on SSE, will be required to submit an “annual impact report” to such an exchange. The annual impact report will be audited by a social audit firm employing a social auditor.
In addition, social venture capital funds falling under Sebi’s alternative investment fund standards have been rebranded as social impact funds with the aim of making these funds an attractive means of investing in NPOs. Furthermore, corpus requirements for such funds have been reduced from Rs 20 crore to Rs 5 crore and the minimum value of investment by an individual investor in such funds will be Rs 2 lakh.
The grant amount that can be accepted by the fund from anyone has been reduced to Rs 10 lakh from Rs 25 lakh.
“A social impact fund or plans of a social impact fund launched exclusively for an NPO registered or listed on an SSE are authorized to deploy or invest 100% of the investable funds in the securities of NPOs registered or listed on an SSE “Says Sebi.
The notifications came after Sebi’s board approved a framework in this regard in September 2021.
To give these effects, the regulator has amended the rules governing alternative investment funds, the ICDR rules (Issue of Capital and Disclosure Requirements) and the LODR standards (Listing Obligations and Disclosure Requirements).
New Jersey, United States,- The Global Frontline Semiconductor Equipment Market research offers in-depth analysis of the market throughout the projection period. The study includes a number of sections as well as a review of opportunities and elements that are most likely to have a major impact in the future. This study offers a comprehensive analysis of the global line semiconductor equipment market. The report’s market projections are supported by substantial secondary research, primary interviews, and in-house expert assessments. These market projections were created by analyzing the effects of different social, political, and financial variables on the global Front End of the Line Semiconductor Equipment market along with existing market dynamics.
The chapter also includes Porter’s 5 Forces analysis, which explains the five forces of the global frontline semiconductor equipment market, including consumer and supplier bargaining power, new entrants risk, substitutes and the level of competition between competitors. The market overview also includes market dynamics. The competitive environment of the global frontline semiconductor equipment market is another topic covered in the report.
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Regions are covered in Line Front End Semiconductor Equipment Market Report 2022 to 2028
For a comprehensive understanding of market dynamics, the global frontline semiconductor equipment market is analyzed across key geographies, namely: North America (United States, Canada, and Mexico), Europe (Germany, France , United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina and Colombia), Middle East and Africa (Saudi Arabia, Emirates Arab States, Egypt, Nigeria and South Africa). Each of these regions is analyzed based on market findings across major countries in these regions for macro-level market understanding.
– Quantitative market information and forecast for the global frontline semiconductor equipment industry, segmented by type, end-use and geographical region.
– Expert analysis of the key technological, demographic, economic and regulatory factors driving the growth of Frontline Semiconductor Equipment through 2026.
Chapter 13: Front End Semiconductor Equipment Market Research Findings and Conclusion, Appendix, methodology and data source
Finally, the researchers shed light on the precise analysis of the global frontline semiconductor equipment market dynamics. It also measures enduring trends and platforms that are driving market growth. The degree of competition is also measured in the research report. With the help of SWOT and Porter’s five analyses, the market has been thoroughly analyzed. It also helps in dealing with the risks and challenges faced by businesses. Also, it offers in-depth research on sales approaches.
To note: All of the reports we list tracked the impact of COVID-19. The upstream and downstream of the entire supply chain were taken into account during this operation. Additionally, where possible, we will provide an additional COVID-19 update supplement/report to the Q3 report, please check with the sales team.
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DeFiChain Token “DFI” will start trading against USDT on Huobi on July 25 at 6:00 UTC.
All DFI tokens purchased on Huobi can be moved to a DeFiChain wallet, making them accessible to traders and investors. Kucoin, Bybit (ERC-20 format), Bittrex, Bitrue, Hotbit and Bitpanda are just some of the exchanges where you can buy and sell the DFI token.
Huobi, which has been around since 2013, is a major cryptocurrency trading platform. With DFI listing on Huobi, it will be more accessible to cryptocurrency users around the world. With Huobi, professional crypto traders and investors have access to a comprehensive ecosystem that allows them to buy, sell, stake and borrow a wide variety of cryptocurrencies.
Disclosure of vested interests: The author is an independent contributor publishing through our brand program as author. Whether through direct compensation, media partnerships or networks. The author has a vested interest in the company(ies) mentioned in this story. HackerNoon has reviewed the story for quality, but claims here belong to the author. This article is not investment, tax or legal advice. #DYOR
What is DeFiChain?
In order to facilitate cutting-edge DeFi applications, the Bitcoin network was hard-wired to create DeFiChain, a decentralized Proof-of-Stake blockchain. Its main objective is to provide fast, intelligent and transparent decentralized financial services. Liquidity mining, staking, distributing assets, and lending are all services provided by DeFiChain.
Understand how DeFiChain facilitates entry into the world of DeFi
DeFiChain is an on-chain governance blockchain that eliminates the need for a central authority. The project community has been actively engaged in virtually every facet of blockchain since the mainnet’s debut in May 2020, including nodes, masternodes, projects, tools, governance, economic concepts, and governance code. Its source code was produced using an open source methodology and has undergone extensive peer review and community discussion.
If you have a DFI token, you can access the entire DeFiChain ecosystem. Among the many things it underpins on the DeFiChain blockchain are:
Provide access to multiple sources of liquidity
Using staking to ensure blockchain integrity and consensus
dUSD stablecoin and equity tokens as security to create new tokens or borrow existing tokens.
Blockchain was originally developed for use in decentralized financial applications. Therefore, it offers complete, easy-to-use, fast and secure functionality for this region.
Here are some examples :
A Look at the Oracles of Cost
Debts and receivables likely to be assigned
Definition of a form of unsecured debt
Conversion of assets into tokens
Payment of dividends
Due to the change, the native decentralized stablecoin of USD can be used. DeFiChain users can use decentralized Bitcoin, decentralized Ethereum, decentralized USDC and decentralized USD to generate equity tokens and use decentralized USD as collateral.
Houbi Receives Provisional Approval from Dubai Virtual Assets Regulatory Authority
In a recent decision, the Dubai Virtual Assets Regulatory Authority granted Huobi a conditional license to sell virtual asset exchange goods and services to accredited investors and licensed financial intermediaries.
The cryptocurrency exchange, meanwhile, released a statement saying it would focus on “professional investors.” The spot and over-the-counter trading services will be available to a limited fraction of pre-qualified investors and professional financial service providers. Huobi also speculated that the exchange’s regional headquarters could be set up in Dubai if the interim license is granted.
Final Thoughts on the DeFiChain “DFI” List
Houbi’s expansion into the Middle East market and the listing of native DeFiChain tokens on Houbi are a positive sign for the crypto industry, as they indicate an increase in token listing and trading in the markets. secondary.
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Image credits: Shubham Dhage, Mohammad Rahmani and Edi Kurniawan.
Proprietary software is often seen as the holy grail for businesses, a sure sign that they have “succeeded”. Ushering in digital transformation establishes a business as technologically advanced and innovative, while simultaneously increasing overall business value.
However, when creating a software development budget, many start-up companies tend to be overly conservative, leading them to spend more money in the long run. A tight initial budget does not take into account the project changes that will inevitably arise during the development stages.
Revisions to software and application development can lead to higher long-term costs when the necessary capital is not available upfront. According to a 2020 report by the Consortium for Information & Software Quality, failed software projects cost businesses $260 billion and software systems with operational failures cost $1.56 trillion.
Building more budget into the front-end of software development can help you anticipate failures and properly allocate resources to ensure software success. I reached out to Mohan kumar Sattineedi, a digital analyst for Propel Technology, who has expertise in helping companies navigate software procurement and project management processes, including coming up with innovative ideas to address budget issues .
When creating the budget for proprietary software, here are three things Sattineedi recommends companies consider:
1. Set expectations for what your software will accomplish.
What does the team want the software to actually do? Are there any specific problems that the software will solve? How will he do it? Are there already in-house experts or do you need to hire a person or a team to help develop the software? Defining the goals of the software and having a thorough understanding of what it will do is an essential first step in setting your budget.
“Budgeting for a software solution should be preceded by budgeting for a hypothesis or proof of concept,” Sattineedi said. “Having a deeper understanding of the requirement by identifying and onboarding the right people with subject matter expertise and industry experience is key to having budgeting acumen once the hypothesis is proven.”
2. Consider the end user experience.
Who is the intended user of your software and how will they use it? A key part of software development comes from actual user testing and feedback implementation, where testing is repeated until the software is fully hooked up. Testing and incorporating changes into the software requires capital. If enough money is not set aside in advance, a company can – and will eventually – lose funds due to the need to re-create their product or a lack of product sales and revenue.
“A limited budget will have a direct influence on time and quality – the triangular factor that remains relevant until this date,” Sattineedi said. “When it comes to budgeting, the optimistic part of the human mind tends to associate itself with only the best situations. With so much to accomplish on a shoestring budget, shortfalls and inconsistencies in requirements are often discovered more late in the development life cycle.
Sattineedi went on to say, “Failure to build for scalability and test the solution is particularly damaging because the potential delay occurs at the end of the development lifecycle, making recovery impossible. A limited budget forces many deliverables to be compressed into a short period of time, which reduces the possibility of building an application based on real user feedback.
3. Create a realistic timeline.
“When is this software needed?” » is always the big question. But between now and the deadline, a myriad of risks and issues can arise, and they need to be budgeted for. You need to broaden the scope of the work to include the “what ifs”. What could happen? What are the team’s expectations? What kind of hiring and training is needed? About 20% of software development is spent solving problems that probably could have been avoided if a larger budget had been created.
Tight software budgets cause headaches for everyone involved as they directly influence product time and quality. Budgeting with an optimistic mindset, as opposed to a realistic mindset, allows only the best scenarios to unfold in development. The production lifetime in software is a lot of work. Trying to accomplish everything on a shoestring leaves room for an incomplete and inconsistent product, factors that are often uncovered later in the development lifecycle.
Failure to consider scalability and test the solution is particularly detrimental because the potential delay occurs at the end of the development cycle, making recovery impossible. A limited budget forces many deliverables to be compressed into a short period of time, which reduces the possibility of building an application based on real user feedback.
As an example, Sattineedi explained that a tight budget led a company to build an app for users on a single platform. Later, the company discovered that the app should have been designed as a cross-platform solution (across iOS, Android, and the web). The software had to be redesigned for the expansion of cross-platform users, a consequence of starting the project with an overly conservative budget. This ultimately cost the company more money as it delayed the time to market for all platform users and affected users who had previously used the app.
New businesses that think integrating proprietary software into their business is a sign that they’ve been ‘successful’ forget a few things about software development: to truly ‘succeed’, you need to understand what your software solution aims to achieve. accomplish, onboard the right team to achieve your goals, and create a budget that allows for trial and error to resolve issues as they arise. Ultimately, creating a bigger budget for development will prove that your business has really arrived.
Ferrari’s Charles Leclerc has thanked teammate Carlos Sainz for helping him secure pole position for the French Grand Prix at Paul Ricard.
Leclerc clocked 1:30.872 on his final run in Q3 to take pole position three tenths of a second over Red Bull’s Max Verstappen.
The Monegasque benefited from a tow provided by his team-mate Sainz, the Spaniard taking part in qualifying despite an engine penalty on the grid which forced him to start at the back of the grid.
Sainz got into position to give Leclerc a tow down the straight into the corner of Signes, doing so on both of Leclerc’s runs in Q3.
After securing his 16th career pole position, Leclerc beamed as he thanked Sainz for agreeing to help his teammate make such an effort.
“It’s a great lap,” Leclerc said after qualifying.
“I struggled all weekend to get a lap and I managed to do it, but I have to say I also had help from Carlos and it was amazing teamwork.
“Without Carlos it would have been much closer. A big thank you to Carlos and I hope he can join us in the fight for victory tomorrow.
Elaborating on the benefit he derived from the tow provided, Leclerc said it could have been up to a quarter of a second.
“[Carlos] did the perfect job and the perfect tow so that helped me a lot,” he told Sky F1.
“I think I’ve gained two tenths, or a little over two tenths, on that straight and so you come into the third sector in a much better frame of mind because you know you’ve won those two tenths. for free, so that was a great job.”
As Ferrari hits back Red Bull after Verstappen convincingly topped the times in the final practice session on Saturday morning, Leclerc said he was surprised by the ebb and flow of pace between the top two sides as the Scuderia had nearly eight tenths ahead of the two Red Bulls in Q2.
“After Q1 I was very surprised by the pace we had,” admitted Leclerc.
“Also in Q2 we were very strong. So somehow we managed to turn things around for qualifying, but it’s a nice surprise.
“It feels good. But again, it’s hard to understand what the guys from Red Bull did yesterday because there was a lot of difference in terms of lap times. So let’s see how it goes.
With the release of CalHHS Data Exchange Framework (DxF), Data Sharing Agreement, and Initial Set of Policies and Procedures July 5, stakeholders across the state are praising the ability of new developments to dramatically improve data sharing in California.
Get the latest information on state-specific policies for the healthcare sector delivered to your inbox.
Intrepid Ascent, a state health care consulting group, highlighted the state’s progress toward ubiquitous data exchange in California.
“As an industry, we have long understood the opportunity for health information exchange (HIE), but the state has struggled to make widespread progress,” Intrepid Ascent said. “We are past the point of establishing HIE’s value proposition – the past few years have shown the potential for real and lasting change in both individual outcomes and system improvement through HIE’s comprehensive care program. state, which in many ways laid the foundation for the DxF.
The organization also voiced criticism of CalHHS’ initial set. Policies and Procedures. They said the initial set is adequate considering the acceleration timeline the stakeholder advisory group under which was working, there are significant gaps that may prevent or slow institutions from signing the DxF.
“The most notable gap is a clear definition of a Qualified Intermediary for data sharing and processes on how the state will ‘certify’ Qualified Intermediaries (or HIO Qualified Health Information Organizations ) if the state adopts this nomenclature),” the organization said. “A number of regional HIOs are fully operational in California and it is unclear what role these entities will play, especially since they all have their own local rules, agreements and policies.”
In Intrepid Ascent publication for the California Health Care Foundation titled “Designing an Effective Statewide Data Sharing Agreement”, they discuss how improving data sharing across the state will benefit the health care system, indicating how consolidating laws and Federal and state health privacy regulations will allow for more efficient sharing of data between public health facilities.
“This framework will enable and require real-time access and exchange of health information between providers and payers directly to each other and through qualified data exchange networks,” the publication states. “Currently, data sharing in California takes place under a patchwork of voluntary data-sharing agreements established by state and national networks, as well as a host of community-specific and community-specific agreements. to programs.
Many data-sharing agreements lack key stakeholders – such as rural providers, health plans, community organizations, and state and county and behavioral health entities – and lack important types of data ; for example, the social determinants of health information.
Intrepid Ascent also highlighted how the DxF extends the state’s already stringent policies to protect sensitive consumer information.
“In light of recent political developments at the federal and state level, protecting the privacy of individuals is more essential than ever. California already has some of the strongest privacy laws in the country, in addition to the federal protections of HIPAA and 42 CFR Part 2, all of which are covered by the DxF. The DxF limits the use and disclosure of individual data to what is legally permitted and only what is necessary to provide care and services to the individual and adopts HIPAA privacy and security rules as its basis of protection, including for entities not otherwise covered by HIPAA, such as community organizations. »
With the implementation of the DxF, Intrepid Ascent said it expects varying levels of readiness for meaningful participation among mandated participants, in terms of technology, policy and human infrastructure.
They also identified alignment between DxF policies and processes and local or national provider-based networks as a key implementation challenge.
The Honda The Fury is one of Honda’s most authentic and radically styled motorcycles. It has been in production since 2010 and Honda has not made any significant changes to the cruiser. The Fury is a stylish cruiser that always stands out, especially in the bright factory colors.
For the 2022 model, Honda added beautiful pearl yellow paint and ABS as standard options. Other than that, there are no other technical changes. The Fury allows riders to stand out without breaking the bank. Riders can get the new model for $11,449, making it the best option in its class.
ten Easy to customize
From the factory, Honda Fury owners have many accessories to consider. These include a windshield for riders who do a lot of highway riding, a billet clutch cover, a billet timing cover, chrome Allen bolt inserts, custom grips, a backrest pad passenger and a low sissy bar upright.
All of these factory accessories help the pilot customize his cruiser to his liking. Additionally, these accessories are reasonably priced, allowing riders to choose what they would like on their bike. Riders who want more custom options can look to the aftermarket scene for more customization components.
9 Low seat height
The Honda Fury features a super low seat height that works with the design element. The 26.9-inch seat height fits behind the slim and long fuel tank, enhancing the aesthetics of the cruiser. It works perfectly with the Fury’s long rake, helping the rider fit comfortably on the bike.
The low seat height makes it easier for riders to control or maneuver this slightly heavy cruiser. When arriving at stops, riders can easily put their feet back on the ground. This improves the Fury’s driving dynamics, making it a good fit for most cruiser enthusiasts.
Related: 10 Wild Facts You Didn’t Know About Choppers
8 Shaft final drive
The shaft drive is uniquely integrated into the final design to enhance the appearance of the Fury drive. This system reduces the operating and maintenance costs of the Fury. It also helps keep the bike clean since riders won’t end up with lube on the rear tire or swingarm.
The shaft drive system also provides a quiet drive compared to belts and chains. Therefore, pilots can enjoy the sound of the engine. The system allows Fury pilots to ride in all weather conditions without being affected.
seven High tensile steel frame
The high-tensile steel open frame is the centerpiece of the Honda Fury. It helps deliver a minimalist chopper style while adding a bit of functionality. The frame helps deliver a smooth, quality ride and responsive handling. This is thanks to the placement of the engine and the long rake of the cruiser.
Its angled front end with a slim 21-inch front tire helps the Fury have a comfortable ride while making it an exceptional 71.2-inch-long canvas. All of these components work together to give the Fury a charming and distinctive cruiser look.
Related: 15 Most Popular Motorcycles Among Motorcycle Club Members
6 Minimal and touch controls
To help the rider focus on the road, Honda outfitted the Fury with a minimalist feel, especially with the controls. There are no custom ride modes on the Fury. This eliminates the need to fiddle with the controls while driving.
Additionally, all of the Fury’s buttons and controls are touch-sensitive, which gives satisfying feedback. This allows the rider to engage with the ride, especially when shifting through the five gears. The Fury also features an adjustable clutch lever for added comfort on the rider’s fingers.
5 Note on deep exhaust
The Fury’s V-twin engine helps produce low-end torque and a nice V-twin sound. Honda specially designed the camshafts to help provide excellent V-twin tuning on the Fury. This helps produce a deep tone that helps the Fury stand out on the road.
If sound isn’t enough, pilots have plenty of alternatives for the Fury. The most reliable options offer decent sound while being road legal. Riders can also opt for aftermarket black exhausts to add a menacing look to the Fury.
Related: 10 weirdest rules you have to follow to join a motorcycle club
4 Pleasant color options
Over the years, Honda has only offered one color scheme per year. For the 2020 model, Honda opted for a nice Pearl Hawkeye Blue. In production for two years, it was time for Honda to change color again, with the 2022 model getting the stunning Pearl Yellow.
The color looks great in the sun, mainly because of the pearl flakes. Plus, it ties in with the theme of a cruiser motorcycle by helping the rider always stand out. Plus, yellow is a high-visibility color that grabs attention without letting it go.
3 Adjustable rear suspension
Honda fitted the Fury with a 45mm stretched telescopic suspension in the front. This is not adjustable, but it does offer 4 inches of travel. In the rear, riders can enjoy increased comfort thanks to the monoshock and aluminum swingarm that offers 3.7 inches of travel.
The rear shock is adjustable, giving the rider five-position spring preload adjustment and adjustable rebound damping. Spring preload adjustment allows the rider to adjust the sag or stiffness of the spring. It also helps keep the shock from bottoming out under acceleration and over bumps.
Related: These are the best mods for Cruiser bikes
2 strong heartbeat
Unlike other Honda products, the Fury has a glorious 1,312cc 52-degree V-twin engine. The engine produces a manageable 53.7 hp and 73 lb-ft of torque. Honda also uses a single-pin crankshaft and dual balancers to help deliver plenty of low-end torque.
This helps the V twin deliver the expected performance and sound. Honda also uses fuel injection to deliver reliable performance. This eliminates the need to fiddle with a choke, providing no hassle for high altitude startups or cold mornings.
1 chopper style
The Fury is Honda’s version of the chopper style. This radically styled bike is authentic and features plenty of custom styling cues to help it stand out. The standout feature includes the teardrop-shaped seamless fuel tank coated in Honda’s Pearl Yellow color.
The Fury also features an ingenious adjustable rear suspension system to help handle uneven roads. Another nice aspect of the Honda Fury is the aluminum swingarm that holds the shaft drive system and the big 200 series rear tire.
HBO is giving everyone an end-of-summer gift game of thrones fans this month – but that’s not all we can expect. August is shaping up to be an exciting month for HBO and HBO Max, where subscribers will be treated to a whole host of cool shows to watch in warm weather.
First, the return of Industry, which is back with season 2 on August 1st. Lena Dunham’s series is releasing new episodes after a first season full of sex, betrayal, and more drama than you could ever imagine in the world of international finance.
Next IndustryHBO debuts Hard knocks: Training camp with the Detroit Lions, a sports documentary coming to the streamer on August 9th. The series will follow the Lions through training camp, capturing the team’s work under head coach Dan Campbell over five episodes.
To finish, Dragon House brought Obtained back on HBO August 21. The George RR Martin series stars Matt Smith as Daemon Targaryen, along with Paddy Considine as Viserys Targaryen, Olivia Cooke as Alicent Hightower and Emma D’Arcy as Rhaenyra Targaryen. Dragon House takes place 200 years before the events of game of thrones and is based on Martin’s Fire & Blood.
Wondering what else is coming to HBO and HBO Max soon? Here’s a full list of shows and movies coming to HBO and HBO Max in August 2022.
Released August 1
A Glimpse Inside the Mind of Charlie Swan III, 2013 (HBO) A Most Violent Year, 2015 (HBO) Amy, 2015 (HBO) Barely Lethal, 2015 (HBO) Beautiful, 2013 (HBO) Biker Boyz, 2003 (HBO) Blow, 1981 (HBO) Blue Velvet, 1986 (HBO) Bug, 2007 (HBO) Cadillac Man, 1990 (HBO) Charlie’s Angels, 2000 Charlie’s Angels: Full Throttle, 2003 Chasing Grandpa, 2003 (HBO) Children of a Lesser God, 1986 (HBO) Chocolate City, 2015 (HBO) Colors, 1988 (HBO) Damien Omen II, 1978 (HBO) Dark Places, 2015 (HBO) Days of being wild, 1990 DC presents the short film: Constantine – The house of mystery, 2022 Enemy, 2014 (HBO) Everything You Ever Wanted to Know About Sex But Were Afraid to Ask, 1972 (HBO) Ex Machina, 2015 (HBO) Fantastic Journey, 1966 (HBO) Fighting, 2009 (HBO) From Hell, 2001 (HBO) Garfield, 2004 (HBO) Garfield: A Tail of Two Kittens, 2006 (HBO) Extended Version Gas lamp, 1944 Ghost Dog: The Way of the Samurai, 1999 Ginger and Rosa, 2012 (HBO) How to Lose Friends and Alienate People, 2008 (HBO) How to talk to girls at parties, 2017 (HBO) Industry, season 2 premiere (HBO) Invasion of the Body Thieves, 1978 (HBO) Ivanhoe, 1952 Jeff, who lives at home, 2011 (HBO) Laggies, 2014 (HBO) Late August, early September 1998 Lean on Pete, 2017 (HBO) Life After Beth, 2014 (HBO) Lions for the Lambs, 2007 (HBO) Little Men, 2016 (HBO) Little women, 1994 Locke, 2013 (HBO) Love and Basketball, 2000 Man of the Year, 2006 (HBO) Miles ahead, 2016 Mississippi Grind, 2015 (HBO) Mojave, 2015 (HBO) My Fat Greek Wedding 2, 2016 (HBO) Mystical Pizza, 1988 (HBO) Goal, Burma!, 1945 Obvious Child, 2014 (HBO) Original Cast Album: Company, 1970 Out of the Past, 1947 Remember, 2016 (HBO) Revenge of the Green Dragons, 2014 (HBO) Slow West, 2015 (HBO) Son of a Gun, 2014 (HBO) Sourcecode, 2011 Stardust, 2007 (HBO) Teen Titans Go, Season 7C The Adderall Diaries, 2016 (HBO) The Blood of a Poet, 1932 The Captive, 2014 (HBO) The Devil’s Backbone, 2001 The End of the Tour, 2015 (HBO) Blame Our Stars, 2014 (HBO) The Field Guide to Evil, 2018 (HBO) The Great Escape, 1963 (HBO) The Last Word, 2017 (HBO) The Notebook, 2004 One, 2001 (HBO) The Possession, 2012 (HBO) Extended Version The Rover, 2014 (HBO) The Spectacular Now, 2013 (HBO) The Spiderwick Chronicles, 2008 (HBO) The Testament of Orpheus, 1960 The Carrier Refueled, 2015 (HBO) Thunderstruck, 2012 (HBO) Transcendence, 2014 (HBO) Trouble with the Curve, 2012 (HBO) Defense, 2014 (HBO) Under the Skin, 2014 (HBO) Whiplash, 2014
Released August 3
Released August 4
Sweet Life: Los Angeles, Max Original Season 2 Premiere
Released August 5
Belfast, 2021 (HBO) Jesus Sepulveda: Mr. Tough Life, comedy special premiere (HBO)
Released August 7
Smiling friends go to Brazil, special
Released August 9
Hard knocks: training camp with the Detroit Lions, season 17 premiere (HBO)
Released August 13
The Princess, Original Documentary Premiere (HBO)
Released August 21
American sniper, 2014 House of the Dragon, Series Premiere (HBO)
Released August 24
Katrina Babies, Original Documentary Premiere (HBO)
Released August 25
House of Ho, Max Original Season 2 Premiere The Hobbit: The Desolation of Smaug, 2013 (HBO) Extended Version
The auto industry is mired in a messy transition, where legal challenges, material shortages and questions about consumer demand make it difficult to plan for an emissions-free future.
“The future will be all-electric with lots of renewable energy. I’m sure of that,” Chris Atkinson, director of the Smart Mobility Initiative and professor of mechanical and aerospace engineering at Ohio State University, told the conference. annual Automotive Futures on propulsion strategies for the 21st Century.
But no one can predict how long it will take to get to an all-electric, sustainable future, says Atkinson (photo below left)which suggests that hybrid vehicles should play a bigger role in the industry’s product plans for the next few years and that manufacturers should not give up on improving the internal combustion engine (ICE).
As automakers say they’re ready to build battery-electric vehicles, they’re using components made scarce by pandemic-disrupted supply chains for cost-effective ICE trucks and SUVs rather than zero-emissions vehicles, Atkinson says .
The just-in-time supply chain strategy was never a good idea, according to Atkinson. Automakers must now rebuild the supply chain to make it more robust as demand for critical minerals rapidly increases.
At some point in the future, the recycling industry will provide the necessary resources, thus creating a virtuous circle. But until then, the United States will have to import critical materials.
“The best use of a battery is in a hybrid,” Atkinson says, noting that hybrids reduce emissions but use smaller batteries that require smaller amounts of rare minerals.
Atkinson says a fleet of hybrid vehicles can boost fuel economy while reducing emissions, which is the critical issue in tackling climate change.
Transportation accounts for a third of all greenhouse gas emissions, but automakers are targeting a narrow slice — $50,000 and up — of the U.S. market, accounting for just 2.4 million units or 17%, Atkinson notes . By 2030, even if BEV penetration reaches 30%, including the cheapest models, the available market could be only 5.1 million out of a market of 17 million units.
If BEV’s 30% penetration forecast is even close, by 2030 there could be 40 million units of excess ICE manufacturing capacity worldwide, Atkinson adds.
Atkinson says electric vehicle charging infrastructure is fragile and the power grid will need to provide a third more power as the electric vehicle fleet expands. Even in wealthy economies, the power grid is vulnerable and not ready for widespread use of electric vehicles, he says.
Bruce Belzowski, chief executive of Automotive Futures, says manufacturers face a complicated regulatory process, which was made even more uncertain by a recent Supreme Court decision that undermined the authority of the EPA.
The Supreme Court decisiondoesn’t diminish the California Air Resources Board’s influence on emissions and fuel economy goals, Belzowski (photo below left) said. But he points to the shortcomings of the auto industry’s current regulatory regime and its drive for electrification.
When Administrator Obama. setting targets for reducing emissions and improving fuel economy in 2012, the assumption was that each automaker would start reducing the “footprint” — the size of the vehicles — to meet the goals, Belzowski notes. But it didn’t happen; instead, consumers continue to opt for larger vehicles, a trend exacerbated by the pandemic and changes to each company’s product lineup.
Since 2014, each automaker has grown its footprint as consumers shifted their preferences from passenger cars to trucks and utility vehicles, according to an Automotive Futures review of EPA data.
Sudhi Uppuluri, Director of Automotive and Transportation Industry, Siemens Digital Industries Software, says EV and ICE vehicle architectures are getting more and more complicated. One way to tackle complexity is to increase automation and artificial intelligence in parts of the testing process, he says.
chartera New York-based media and information company designed to transform the workplace, raised $3 million in seed funding.
The round was led by Bloomberg Beta with participation from Precursor Ventures, The Fund, Old Town Media, David Friend, longtime tech entrepreneur and CEO of Wasabi, David G. Bradley, Chairman Emeritus of The Atlantic, Jessica Lessin, Founder and CEO of The Information and Marcy Simon, PR Manager.
The company intends to use the funds to expand its operations and business reach.
Founded and led by media and startup veterans Kevin Delaney, Erin Grau and Jay Lauf, Charter focuses exclusively on the challenges of the future of work and provides actionable insights, real-time insights and best practices based on research to effectively create and equitable organizations.
To support its growth, Charter is adding a new research arm to the business, to be led by Emily Goligoski who joins as head of research from her last position as executive director of audience research at The Atlantic. Charter will also expand its engineering, editorial and operations teams. It has just announced two additional new key hires: senior front-end engineer Yitz Jordan, Cointelegraph’s recent deputy technical director, and a new head of business operations, Sarah Janowsky, from charity:water, where she served. the position of Director of Financial Planning and Analysis.
Feline adventure Wander is filled to the brim with fun puzzles to solve, and you won’t run out of them as soon as you arrive in the slums.
For example, the game’s first residential location houses a safe sitting in a pile of trash, which you’re likely to come across when exploring the area near the musician near the elevator. How to unlock the safe? We can help you with this.
How to Open Binary Code Vault
When you take the note attached to the safe, you will find that it is simply a password written in binary language, that is to say a succession of zeros and ones, as pointed out your robot companion, B-12. When you talk to most robot slum dwellers, they’ll tell you “only a real geek can read this”, so it looks like we’ll have to find one.
Step 1: Although it’s not a required step to solve the mystery of the real Binary Code Vault passcode, you can search for the geek everyone is referring to. Head to the alleys and look for the door with the black and white plans hanging on it. Scratch the door – a robot will open it, allowing you to sneak inside.
2nd step: Head up the stairs once you’re in the house and find Elliot sitting in front of a computer. If you show him the mysterious paper, he will read the binary code and tell you that you need to check the Dufer Bar.
Step 3: Once you’ve spoken to Elliot and received the intel, head to the Dufer Bar and waltz straight in, then jump on the bar and examine the tropical picture on the wall to knock it down. This will reveal the code you were looking for: 1283.
Step 4: Return to the safe and enter the code you found at the bar to open it. Inside you’ll find Sheet Music 8/8, which you can give to the nearby musician to hear them play a catchy tune before continuing on your way.
A HORRIFIC mass poisoning at a resort has sickened at least 24 people, with 10 hospitalized and four in critical condition, police say.
Carbon monoxide seeped into a hotel in Eureka Springs, Arkansas on Saturday, injuring more than two dozen people, cops said.
Ten people were hospitalized and four had to be airlifted out of Stonegate Lodge, officials said.
The Eureka Springs Fire Department responded to a call from the hotel just before 7 a.m. Saturday, according to KY3.
The cause of the leak at Stonegate Lodge is still being determined, but the fire marshal is working with Black Hills Energy to investigate.
Gary Inman, assistant chief of the Eureka Springs Fire Department, told KY3 “we transported some of the patients [out].”
“Some facilities have hyperbolic chambers that can purge the body of carbon monoxide faster than would occur naturally,” he added.
Inman was shocked by this accidental carbon monoxide poisoning.
“This is very unusual because most gas-related systems are very safe and reliable.
“It’s no fun and it can be very dangerous,” he said.
The lodge owner refused to speak to reporters on camera until the end of the investigation.
According to Centers for Disease Controlat least 430 people die each year in the United States from accidental carbon monoxide poisoning.
Fifty thousand people in the United States go to the emergency room each year for treatment after being accidentally poisoned.
Symptoms of poisoning include headaches, dizziness, weakness, nausea, vomiting, chest pain and confusion, according to the CDC.
The agency recommends people take the following steps to avoid exposure to carbon monoxide in their homes:
Make sure you have a carbon monoxide detector and change its batteries every six months.
Don’t forget to have your heating system, water heater and other diesel or coal-fired appliances serviced every year.
It is essential to ensure that your vents and flues are free of debris.
Remember never to operate a generator, pressure washer or any other gasoline engine within 20 feet of an open window or door, and never in a basement, garage or any other closed structure, even if the doors or windows are open.
Finally, do not operate a charcoal grill, hibachi, lantern, or portable camp stove indoors.
The new framework aims to train 1,000 employees in Irish companies to become familiar with data analytics by 2022.
Two organizations have come together to help Irish businesses develop their data analytics staff.
The Technology Ireland Digital Skillnet and the Analytics Institute are establishing a skills framework that aims to provide accelerated training programs for non-data scientists.
The programs were designed with workers in mind. They will be delivered through a combination of online and classroom settings. The main goal of the organizations behind the initiative is to enable all teams to effectively use data within their roles.
Companies wishing to take part in the new skills framework will be co-funded by Technology Ireland Digital Skillnet.
According to Maire Hunt, Director of Technology Ireland Digital Skillnet, “For organizations to become truly data-driven, data needs to be democratized across the organization, with all staff developing practical data skills.”
She added that the new Data Analytics Competency Framework for Business would enable companies to accelerate data skills and “become truly data-driven to navigate through digital change.”
Programs will be customized for businesses to ensure they are relevant to their industry. Successful participants will receive professional certification from the Analytical Institute.
“The current demand for skilled personnel in the fields of analytics and AI is phenomenal,” said Lorcan Malone, CEO of the Analytics Institute.
“Our member companies are finding it really difficult to fill critical roles. We are delighted that Digital Skillnet is partnering with us to help us meet this challenge. Our new Data Analytics Skills Framework covers data skills from both a business and technical perspective. »
“Our primary goal is to develop professionals who can ‘talk data’ to data scientists while ‘talking business’ to executives. Integrating these skills can generate significant business value. »
The new framework aims to train 1,000 employees in Irish companies to become familiar with using data by 2022. In April this year, a report by Accenture identified data analytics as one skills most in demand by Irish employers. The others were cybersecurity and cloud computing.
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Hyundai has launched two performance-oriented electric vehicle concepts, called “rolling labs”, as reported by The Verge. Both concepts come from Hyundai’s “N” sub-brand which focuses on high-performance vehicles.
(Photo: The Punisher on Unsplash) Hyundai Rolling Labs
Of the two, the N Vision 74 is the most striking with a design that draws elements from the 2025 Hyundai N Vision Gran Truism and the 1974 Pony Coupe concept.
The difference here is that instead of a petrol engine, it uses a hydrogen fuel cell hybrid system which can push the car to over 260 km/h. They also come with a 62.4kWh battery with 800V fast charging capabilities and a range of over 372 miles.
The RN22e, on the other hand, is sleek and uses the same streamlined aerodynamic design as the recently introduced Ioniq 6.
The RN22e has a 77.4 kWh battery with 400 or 800 V fast multi-charging capability and a top speed of over 250 km/h. Also, it has an N Sound Plus feature that can generate fake engine sounds when you are driving.
Read also :Hyundai to invest in its first EV-only facility in Georgia
Not a first for Hyundai
This isn’t the car brand’s first attempt at creating a Pony-inspired electric vehicle. In 2019, the automaker introduced a 45 EV concept meant to pay homage to the classic car. Later, they transformed a 70s Pony sedan into an electric vehicle with retro and modern elements.
It’s uncertain whether the rolling labs will materialize, but one thing is certain, Hyundai N will launch its first electric vehicle, the Ioniq 5 N in 2023.
Hyundai Ioniq 5N
Even though there aren’t enough details about the Ioniq 5 N, it may share similarities with the RN22e concept, as CNET reports. The Ioniq 5 N can also share the same powertrain specs as the RN22e with dual-clutch torque vectoring, yaw-controlling regenerative brakes, and specially designed exterior and interior noises. You can watch the video here.
There were also spy photos which give an idea of what to expect. It features wider fender flares that cover larger wheels, additional front air intakes, a larger rear spoiler and diffuser, deeper side skirts, and more. It’s also possible it will come with the N brand’s signature baby blue print.
The interior is likely to have tougher bucket seats, a sportier steering wheel and suede trim.
Expect a starting price of around $60,000 for the Ioniq 5 N. Its production could be followed by a production version of the RN22e in a year or two.
The rise of electric vehicles is here, and Hyundai seems to be keeping pace. Are you excited to see the automaker’s new electric vehicles?
Related article:Hyundai unveils IONIQ 6 EV design with cocoon-shaped interior; What is the release date?
This article belongs to TechTimes
Written by April Fowell
ⓒ 2022 TECHTIMES.com All rights reserved. Do not reproduce without permission.
See someone using cool art or a funny meme as their profile picture on Discord? Although there is no official way to download someone’s profile picture to your device, there are workarounds. We’ll show you what those workarounds are.
To note: Discord makes uploading profile pictures difficult, possibly due to the risk of abuse, so use the methods below wisely. Impersonating another user, for example, can cause damage and will likely get you banned from the server.
RELATED:How to change your Discord profile picture
If you’re on mobile, you can capture a screenshot of a user’s profile picture and save the photo to your phone’s gallery. It doesn’t give you a high quality version of the image, but it’s the only method you have on your phone.
Save Someone’s Discord Profile Picture to Desktop
To begin the profile picture upload process, launch Google Chrome on your computer and open Discord for the web. You can use any other web browser, like Firefox, but we’ll be using Chrome in this guide.
Log in to your Discord account on the site and navigate to the user whose photo you want to upload.
Right-click on the user and choose “Profile”. This will open their profile page.
When you see the profile, press Ctrl+Shift+C on your keyboard. This opens the Chrome Elements Inspector tool, which will allow you to find the download link for your user’s profile picture.
Once you see the Code Inspector at the bottom or right of your browser, click on the user’s profile picture on your screen.
In the Code Inspector area, next to the following tags, click the right arrow icon. This will expand those tags so you can find the image download link.
Adapted from the words of Buzz Aldrin (“Magnificent desolation”) when he became one of the first humans to walk on the moon 53 years ago this week, Sotheby’s is set to offer artifacts from the personal collection of the Apollo 11 astronaut, including artifacts that contributed to the first moon landing mission.
“These objects not only witnessed humanity’s greatest achievement, but many of them made that achievement possible,” said Cassandra Hatton, Sotheby’s Global Head of Department and Senior Science and pop culture, in a statement. video preview of the auction house’s July 26 sale. “These are important historical artifacts from this greatest moment in human history. They remind us of what humanity can achieve.”
A member of NASA’s third group of astronauts selected in 1963, Aldrin completed three spacewalks on Gemini 12, the last mission to use the two-man spacecraft, three years before landing on the moon with Neil Armstrong in 1969. Today, at 92, he is the last surviving member of the Apollo 11 crew (Armstrong died in 2012 and command module pilot Michael Collins died in 2021).
“The sale spans Dr. Aldrin’s entire career, starting with his doctoral work at MIT, where he wrote his doctoral thesis on the Lunar Module Rendezvous Technique, to Gemini 12 mission artifacts, where he made his first spacewalk, and objects from the largest mission, Apollo 11,” Hatton said.
Although this is not the first auction to feature items from Aldrin’s collection – he and his family members have entrusted memorabilia to sales dating back to the early 1990s – the catalog of Sotheby’s stands out for the historical nature of the artefacts offered for sale. A 2012 law confirmed that Apollo-era astronauts retained ownership of space equipment they kept as souvenirs.
Among the highlights of the sale are a felt-tip pen and the broken tip of a circuit breaker switch that were essential for Aldrin and Armstrong to leave the lunar surface.
“There were no guards on any of the circuit breakers. One was depressed and the other was broken. So I had to depress one and break one,” Aldrin told the editor of the Apollo Lunar Surface Journal, describing the accident. in the “Eagle” lunar module during an interview in 1991.
In this case, the broken switch was needed to arm the lander’s ascent motor. While Mission Control flight controllers were designing a software solution, Aldrin came up with his own idea.
“Buzz ingeniously pulled a felt pen out of his sleeve pocket,” Hatton said. “Amazingly the tip of this pen fit perfectly into the hole where the broken switch was. He pushed it in there and miraculously the motor was able to fire up and they were able to reassemble and meet Mike. [Collins] and go home.”
The Duro-branded ink marker and plastic nib, which in 2017 was loaned to the Smithsonian for a two-year, five-city tour with the Apollo 11 command module, is expected to sell for $1 million to $2 million.
Sotheby’s also offers the jacket that Aldrin wore on the Apollo 11 mission when not wearing his space suit.
“There’s the NASA emblem, Apollo 11’s eagle emblem, its American name and flag, and some of the mission’s most famous images, other than the actual moonwalk, show Buzz wearing this jacket in the spaceship,” Hatton said. “There is no other item of clothing worn on this mission that can be privately owned.”
The space suits that Aldrin and Armstrong wore on the moon’s surface, as well as the flight suits that were donned by Armstrong and Collins are in the custody of the Smithsonian’s National Air and Space Museum. Aldrin’s jacket is expected to sell for $1-2 million.
Other highlights of the “Buzz Aldrin: American Icon” sale include comprehensive Apollo 11 documents and checklists used to complete the mission, as well as a “Go Army, Beat Navy” banner that ‘Aldrin wore during one of his Gemini 12 spacewalks.
“Before Gemini 12, Gemini 6 [launched] just before the 1965 Army-Navy football game. So in the window of the Gemini 6 spacecraft, Wally Schirra and Tom Stafford put up a “Beat Army” sign. So when Gemini 12 arrived, Buzz was in the spaceship with [Jim] Lovell who was Navy and Buzz was Army, so when he was floating in space Buzz popped out of nowhere this amazing ‘Go Army, Beat Navy’ banner,” Hatton said.
Sotheby’s expects the black and white fabric sign to cost between $20,000 and $30,000.
In addition to space-borne artifacts, the sale also includes memorabilia, including flying flags, philatelic covers (stamped and stamped collector’s envelopes), the MTV VMA “Moonman” award statuette given to Aldrin, and his Presidential Medal of freedom.
The Sale “Buzz Aldrin: American Icon” will be held at the Sotheby’s Gallery in New York City beginning at 12 p.m. EDT (4 p.m. GMT) on Tuesday, July 26. An exhibition of the lots from the auction will begin from Thursday July 21 to July 25.
On June 7, 2022, Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced the highly anticipated Responsible Financial Innovation Act (the Bill), which aims to create the first comprehensive regulatory and bipartisan framework for digital assets. . The bill aims to establish legal clarity for regulators and industry and to protect consumers by providing a series of disclosures and clarifying settlement terms and digital property rights. The bill would also treat all digital assets that are not treated as securities as commodities regulated by the Commodity Futures Trading Commission. This article discusses the key tax considerations raised by the proposed legislation regarding taxation and reporting requirements for participants in the digital asset industry.
IRS GUIDELINE AND DE MINIMIS EXCLUSION
The bill requires the Internal Revenue Service (IRS) to adopt guidelines or clarify important issues regarding digital assets, including mining and staking activities. Currently, the only government guidance on virtual currency mining is IRS Notice 2014-12 (2014-16 IRB 938, Q&A-8, 9), which does not have the force of law and can be ignored by the courts. . In Notice 2014-12, the IRS asserts that by performing proof-of-work validation services, the fees miners receive in units of virtual currency are ordinary income and taxable at fair market value on the date at which they receive the units (For a discussion of Proof of Work mining activities, see “Taxation of Virtual Currency Mining Activities”.) The government has been silent on the tax treatment of staking activities that support blockchain networks or verify payments (For a discussion of staking activities, see “Taxation of Virtual Currency Staking Activities.”) The bill allows miners and cryptocurrency stakers to defer taxes relating to such activities until that these assets are transferred.
The bill also directs the IRS to issue guidelines that (1) classify forks, airdrops, and similar transactions that are considered taxable events of “subsidiary value” based on the claim and disposition of “subsidiary value” by taxpayers; (2) implements the broker reporting and cash reporting rules enacted by the Infrastructure Investment and Employment Act (HR 3684); (3) allows charitable contributions greater than $5,000 without the need for a qualified appraisal; and (4) characterizes stablecoins as debt. However, the bill does not specify what a “subsidiary value” is. The bill also exempts from tax up to $200 of gains or losses from the disposition of virtual currencies in personal transactions and treats a series of “linked transactions” as part of the same transaction for the purposes of this exemption, but does not provide further details on what constitutes a related transaction.
The bill clarifies that the term “broker,” as used in HR 3684, excludes miners and stakers as well as wallet providers and developers, relieving them of certain IRS reporting requirements.
Under current law, those involved in mining, staking, or providing hardware or software wallets of digital assets may fall under the definition of “broker” for tax purposes and be subject to additional requirements. of declaration. Section 6045 of the code generally imposes reporting requirements on “any person carrying on business as a broker” with respect to sales affected by the broker on behalf of its clients, where “broker” is defined to include a ” dealer, barter exchange and any other person who (for remuneration) regularly acts as an intermediary in respect of goods or services” and “any person who (for remuneration) is engaged to regularly provide any service performing transfers of digital assets on behalf of another person”.
The bill defines a “broker” as anyone who stands ready, in the ordinary course of a trade or business, to make sales of digital assets to customers for consideration, which likely indicates that miners, wallet providers and software developers will not fall under this definition. . This definition also exempts them from the reporting obligations imposed by the law in force.
LOAN AGREEMENTS AND COMMERCIAL SECURITY DOORS
The bill ensures that digital asset lending arrangements would be taxed in accordance with existing rules for securities lending, where the gain or loss is not realized in the exchange – if certain conditions are met – by expanding the definition of “securities” to include digital assets (for US federal income tax purposes related to lending transactions only).
The bill also expands the current commercial safe harbors under section 864(b)(2) of the Code, which currently covers securities and commodities trading activities conducted by non-U.S. persons, to include the trading digital assets through a US broker, custodian, commission agent, digital asset exchange, or other independent agent without risk of being treated as engaging in a trade or business in the USA. Further, trading in digital assets on a non-U.S. person’s own account, whether by the taxpayer, the taxpayer’s employees, or through an agent, would not be considered a commercial or commercial activity. business in the United States, provided that the taxpayer is not a reseller of digital assets. . Notwithstanding the foregoing, Safe Harbor does not apply if the Non-U.S. Person has an office or other fixed place of business in the United States through, or at whose direction, transactions on the digital assets are affected.
DECENTRALIZED AUTONOMOUS BODIES
The bill declares certain incorporated Decentralized Autonomous Organizations (DAOs) to be, by default, business entities for tax purposes by including them in section 7701 of the code. It defines a DAO as an organization that uses smart contracts to conduct business, commerce, or charity that is governed primarily on a distributed basis and is incorporated or organized under the laws of a state or foreign jurisdiction. By classifying DAOs as business entities, the bill seeks to tax them as a corporation or partnership for U.S. federal income tax purposes and provides them with tax advantages not generally available to unincorporated associations.
The bill requires the United States Government Accountability Office (GAO) to explore potential opportunities and risks associated with retirement investing in digital assets and to report to the United States Congress, the United States Department of the Treasury, and the US Department of Labor. Specifically, it directs the GAO to study the potential benefits of diversification and yield in an investor’s retirement portfolio, appropriate asset allocations, digital asset consumer education and financial literacy, risks and barriers to effective retirement by investing in digital assets.
Although generally considered “friendly” legislation for the digital asset industry, the bill attempts to strike a balance between responsible innovation and consumer and investor protection. It also aims to create the first digital asset regulatory framework for the industry by providing a framework for integrating digital assets into existing US tax laws. Time will tell if some (or all) of these provisions will eventually be enacted.
Sama Kaseer, summer associate in the Miami office, also contributed to this article.
After officially signing Jalen Brunson, the New York Knicks have not been silent. The Donovan Mitchell chatter isn’t new, however, since the Utah Jazz expressed their willingness to engage in trade talks for the three-time All-Star, things have heated up.
The Athletic’s Shams Charania reported that the Knicks and Jazz have already begun engaging in trade talks (subscription required). Mitchell is represented by the CAA, which is coincidentally where Leon Rose is from. The guard is from New York and his father works for the Mets, Mitchell’s favorite MLB team. He grabbed a few games at Queens in the offseason.
Similar to Brunson, Mitchell has ties to the Knicks (including Johnnie Bryant). And since New York has eight tradable first-round picks, as well as a slew of young players, all eyes are on the front office. The Miami Heat are also a team to watch on Mitchell’s front, but they’re unable to make such a good offer.
If the Knicks got Mitchell, it would open the door for another star to possibly go to Madison Square Garden.
A trade the Knicks could make to bring Donovan Mitchell back to New York
The Jazz picked up Rudy Gobert from the Minnesota Timberwolves, which raised the stakes for a possible trade with Mitchell.
Minnesota sent Malik Beasley, Pat Beverley, Leandro Balmaro, Walker Kessler, Jarred Vanderbilt, a 2023 first-round pick, a 2025 first-round pick, a 2026 pick trade, a 2027 first-round pick and a 2029 first-round pick. at Utah.
Here is what Charania and Tony Jones wrote:
New York is motivated to give the Jazz a meaningful package. But the Knicks are wary, sources say, of giving the proverbial store to the Jazz. They’d like to come out of a potential deal with the front-end talent and depth to be a factor in the Eastern Conference.
The Knicks won’t be able to scam Danny Ainge, but here’s a trade that could be made:
The Jazz are focused on stockpiling draft picks and adding young players to their roster as part of their rebuild.
Cam Reddish is a 2019 lottery pick and Quentin Grimes is a 2021 first-round pick. The latter showed promise during his rookie season in New York and is currently dominating the Summer League. If Grimes stays with the Knicks and a trade with Mitchell never happens, the 22-year-old could be the team’s starting point guard.
This trade would result in the loss of Grimes to New York, which would be a blow, but according to The Athletic, Utah is interested in the young wing. If New York can keep RJ Barrett and get Mitchell, that should be considered a win.
Although the two parties are engaged in trade negotiations, there is no rush for an exchange to occur.
“I would expect that to be a dance that unfolds over the next 2-3 weeks or the rest of the offseason.”
Try to be patient. Mitchell is coming off the best year of his five-year career, averaging 25.9 points and 5.3 assists while shooting 44.8 percent from the floor. He would make the Knicks a playoff team, and hey, maybe he could finally make it past the first round.
For buyers looking for a great sedan that also fits their budget, a used 2017 Nissan Sentra might seem like the top choice. It can provide drivers with plenty of features and technology, a good view of the road, and a comfortable interior. In many ways, this sedan seems like the choice for more drivers, but when you explore all that’s on offer, is buying a used 2017 Nissan Sentra a wise investment?
A second-hand model behind the competition
The 2017 Nissan Sentra might seem like a top pick when buying a used sedan. Unfortunately, when this sedan was first released, the compact sedan segment was getting incredibly competitive. Even with the competition, this Nissan still offered some positives.
When reviewing the 2017 Nissan Sentra at the time of its release, consumer reports noted that this sedan lagged behind the competition. Due to the cheap interior and disappointing performance, there were better choices to consider.
When you take the time to dig into this used sedan, you will see that despite the friendly price, this sedan is not the best choice for you. Even with a price that, when new, significantly undercuts the competition, picking a 2017 Nissan Sentra wasn’t always the best choice.
Disappointing performance on most rides
One of the most important aspects of a compact sedan is its performance. If you choose a used 2017 Nissan Sentra, you have the choice between two different engines. The base engine is a 1.8-liter four-cylinder engine paired with a CVT. This engine is unrefined and often seems to be less than necessary. Despite its disappointing performance, this engine is efficient enough for most drivers.
Besides the base engine, you can choose a used 2017 Nissan Sentra with an upgraded turbocharged engine. The 1.6-liter turbocharged engine is available on SR Turbo and NISMO models and can be mated to a six-speed manual transmission or a CVT. This engine is the choice of drivers who want a little more performance. This power boost is welcome because the base engine is relatively lackluster.
Consider choosing a used model equipped with a turbocharged engine for an even more pleasant drive. Not only does the extra power make it one of the fastest Nissan Sentra models out there, but the upgraded suspension, front brakes and steering combine for a smoother ride.
A spacious interior with less than impressive features
One of the good things about the used 2017 Nissan Sentra is that the interior is quite spacious. When stacked against the competition, this interior can provide drivers and passengers with an abundance of space. Few competitors can match what this sedan is ready to offer when it comes to legroom. In addition, the trunk can match those of much larger sedans.
In many ways, that’s where the positives end for the 2017 Nissan Sentra. In terms of features and technology, this compact sedan leaves a little to be desired. Many competitors have made it easier for buyers to get higher quality features and materials. Quality is one of the most noticeable flaws with a used 2017 Nissan Sentra. Consumer Reports noted that the interior is cheap and lackluster. Also, the standard seats are not supportive and the upgraded seats are only slightly more comfortable.
Another critical aspect of used sedans is the features and technologies they offer. When you look at a used Nissan Sentra, you can take advantage of some great features, but competitors offer many more features. A base model offers drivers little technology besides four speakers and a USB port. If you want more features and technology, you’ll have to check out the top trim used models.
When shopping for a used sedan, especially an older model, there are a lot of things to consider. First, you’ll want to make sure the mileage isn’t too high, and if it’s higher, make sure the car is in good condition. Second, you’ll want to make sure the CVT is in good shape because the 2017 Nissan Sentra notoriously had transmission issues. Finally, make sure the model you are interested in has a clean vehicle and service history.
There are other tips to make buying a used 2017 Nissan Sentra easier.
Should you consider a used 2017 Nissan Sentra?
If you’re looking for a used sedan that can give you the modern features you want, consider one of the competitors. The Nissan Sentra is an unimpressive, walkable compact sedan that doesn’t offer comparable features and driving experience to the competition. But, if you’re just looking for a car that can get you around town and just fine in traffic, a used 2017 Nissan Sentra might be a good choice.
No matter what you decide, be sure to take the time to ensure you’re buying something that can easily last.
RELATED: Why is the 2022 Nissan Sentra the choice for more drivers?
“For the most part, there is an urgent economic need to begin the process of reopening borders. This requires a balance between maintaining public health and restarting tourism activity,” said PSDI tourism expert Sara Currie.
The Pacific Private Sector Development Initiative (PSDI) has launched a comprehensive tourism reopening framework for Pacific Island Countries (PICs), providing essential policy guidance as international tourists return in the post- COVID-19.
Reopening Borders to Tourism in Pacific Island Countries: Key Lessons and Guidance has been prepared for Pacific Island countries that are in the early stages of reopening their borders to international tourism, or yet to reopen.
“COVID-19 has been devastating for many Pacific Developing Member Countries (PDMs) of the Asian Development Bank (AfDB),” said PSDI tourism expert Sara Currie. “For the most part, there is an urgent economic need to begin the process of reopening borders. This requires a balance between maintaining public health and restarting tourism activity.
The framework presents key lessons from countries in the Pacific and around the world that have reopened or are advanced in their planning to allow international arrivals after the removal of travel restrictions related to COVID-19.
The four priorities defined in the framework are: (i) public-private coordination in reopening planning; Implementation; and monitoring, evaluation and learning; (ii) border reopening policies and agreements; (iii) health and safety measures for COVID-19 safe tourism; and (iv) communications with stakeholders.
Dr Currie said that while the report provides guidance for Pacific island countries planning to reopen, it recognizes that approaches will need to be adapted to different national contexts. PSDI is ready to assist DMCs in the Pacific that have not yet reopened to international tourists.
“Pacific island countries are best placed to determine their own path forward,” said Dr Currie. “The priorities of the tourism reopening framework should be seen as prompts for reflection, discussion and decision-making.”
PSDI is an AfDB technical assistance program undertaken in partnership with the governments of Australia and New Zealand. PSDI supports AfDB’s 14 Pacific DMCs to improve the enabling business environment and achieve inclusive private sector-led economic growth.
The AfDB is committed to achieving a prosperous, inclusive, resilient and sustainable Asia and the Pacific, while continuing its efforts to eradicate extreme poverty. Founded in 1966, it is owned by 68 members, including 49 from the region.
Source: press release
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HASTINGS, Neb. (KSNB) – The trial of a Hastings man is now due to start almost a year after the fatal crash in December 2021 that left two people dead.
Anthony Pingel, 32, is charged in Adams County District Court with two counts of motor vehicle homicide, two misdemeanor counts of third-degree assault, one misdemeanor driving under the influence and one count of contempt of court. Pingel was arrested after an accident on December 12 just east of Hastings in which two teenagers died.
At a preliminary hearing on Tuesday, Judge Morgan Farquhar scheduled Pingel’s trial to begin at 9 a.m. on Dec. 5 and continue until Dec. 16.
Pingel waived his right to a speedy trial and his bail was upheld.
The teenagers who died in the accident were Victoria Fleming, 16, of Superior and Tristen Owens, 18, of Hastings. The vehicle carrying the victims was engulfed in flames when paramedics arrived at the scene. The assault charges relate to the injuries sustained by two other passengers in the victim’s vehicle. An Adams County court official told Local4 the contempt of court charge related to Pingel’s alleged refusal to comply with a court-ordered blood test.
According to the arrest affidavit, when deputies arrived at the scene, they observed a silver Jeep, registered to Pingel, with extensive damage to the front end. Court records indicate that investigators observed that Pingel was under the influence of alcohol.
If convicted of motor vehicle homicide, Pingel could face up to 20 years in prison on each of the two counts, for a possible total of 40 years. The maximum penalties for misdemeanor convictions total just over two years in prison and/or a $2,500 fine.
In 2001, Steve Ballmer, CEO at the time, declared: “Linux is a cancer”. Later, Microsoft sponsored SCO’s copyright attack on Linux; claims that Linux violated unnamed Microsoft patents; and strength Linux-based Android vendors have to pay for dubious patent claims. Ballmer’s Bill Gates and Microsoft wanted to see Linux and open source software (OSS) dead and buried.
They did it because, like Microsoft Halloween docs show, they thought that “OSS represents short-term direct income and platform threat to Microsoft, especially in the server space.”
Well, they were right!
They also realized that open source was better than any number of developers they could support in Redmond, Washington. “The ability of the OSS process to collect and harness the collective IQ of thousands of individuals on the Internet is nothing short of amazing. More importantly, OSS evangelism is growing with the size of the Internet much faster than our own evangelistic efforts don’t seem to do that.”
Microsoft’s response? “OSS projects have been able to gain a foothold in many server applications due to the great utility of simple and highly standardized protocols. By extending these protocols and developing new protocols, we can prevent OSS projects from entering the market .”
For Microsoft, it was a proven method of crushing its enemies. You know this best from the phrase Paul Maritz, then Microsoft’s Executive Vice President of Platforms Strategy and Developer Group, used in 1998 to describe the answer to Netscape as “embrace, extend, extinguish”.
But be careful, guys. The most recent of these stories is ten years old. Maritz left in 2000. Gates quit day-to-day work at Microsoft in 2008. In 2021, the billionaire was kicked off Microsoft’s board of directors for having an affair with an employee. Ballmer? He quit as CEO of Microsoft and resigned from the board in 2014. That’s ancient history. And so are their anti-Linux and OSS methods.
Embrace, Extend, Extinguish also failed against the open source method, and – that’s the important bit – Microsoft knows it.
So when Satya Nadella took over as Microsoft’s new CEO and said, “Microsoft loves Linux,” it wasn’t just lip service. He knew that to make money, Microsoft really needed to embrace, not extinguish, open source.
Nadella told Wired at the time that he wasn’t interested in fighting old battles. Linux has become an essential part of today’s enterprise technology. “If you don’t jump on the new”, he said“you don’t survive.”
As TechCrunch reporter Ron Miller Put the“Microsoft went from being a company trying to force customers to buy an all-Microsoft, all-the-time approach, to one that recognized the importance of working across multiple platforms and broadly partnering .”
That meant befriending one-time enemies like Salesforce, and not just loving Linux, but incorporating Linux into its products – Linux is Azure’s best guest OS – and hiring Linux and open-source developers from prominent such as systemd architect Lennart Poettering and Python Creator Guido Van Rossum.
Today you think Microsoft is big business, second only to FAANG companies on the stock market. What you don’t remember is that when Ballmer resigned in 2014, Microsoft shares had fallen more than 40%. When Ballmer announced his departure, Microsoft stock price was $34.47. On July 8, 2022, it was $267.66.
Get the picture? Microsoft has become more valuable than ever because it finally realized that joining Linux and open source was better than fighting it. If you still think Microsoft is the enemy, think again.
Of course, Microsoft isn’t perfect. For example, there are serious legal and ethical questions about how its subsidiary GitHub uses open source code in its Copilot AI-based pair programming service, and it has made some missteps like with .NET Foundation at the end of last year.
However, you can criticize any large company using Linux or open source software.
All things considered, it’s high time to stop being so hard on Redmond. Stop judging Microsoft on what it did ten years ago and judge it on what it is doing today. ®
According to Jeana Thomas, the company’s vice president and global chief information officer, Pratt & Whitney’s embrace of digitizing and distributing data across its organization has led to greater efficiency in the manufacturing, less waste and better alignment with suppliers and customers. In an interview with AIN ahead of the show, Thomas added that Pratt’s digitization efforts have also made it easier and faster for employees to make critical manufacturing and business decisions.
At the same time, P&W is continuously engaging with its suppliers and customers to help them automate their processes and, increasingly, work together to create improvements in design, supply chain, maintenance and operating by sharing data, according to Thomas. Not only does this effort help create efficiencies for everyone in their businesses, it also helps eliminate human error, she said.
Like most large companies, P&W has been working on digitization for many years. “We had a very long rollout of digital tools,” Thomas said. But today, there remain many areas where P&W believes increasing digitalization and automation will make its business even more efficient and responsive while enabling the OEM and its entire supplier base to become more adaptable and agile to market requirements.
Internally, P&W is working to make its factories and parts supply facilities as completely digitally connected as possible. The 1.2 million square foot turbine wing manufacturing plant P&W plans to open in Asheville, North Carolina in the fourth quarter of 2022 will become its most connected and automated factory yet . All machines in the facility will digitally connect in its first year of operation, resulting in “data flowing to employees across the shop floor, [providing] ‘Industry 4.0’ capabilities,” said Thomas.
By going beyond the traditional siled approach and sharing data with its suppliers to work cooperatively on part designs, P&W’s design process has become faster and more efficient, she said. Sharing part data throughout a company’s design, manufacturing, and inventory holding operations enables its manufacturing and sourcing processes to become more automated and leaner, especially in additive manufacturing , producing less waste and reducing CO emissions2 emissions. Sharing parts data also ensures that P&W can deliver “the right part, at the right time, to the right place, to meet our customer commitment,” Thomas said.
Additional supply chain benefits arise from P&W’s interactive supplier portal. The portal facilitates administrative procedures and allows P&W to extract data from standard parts produced by suppliers. Knowing the exact standard for each part and providing two-way sharing of part design and manufacturing demand data improves the predictability of part quality and the reliability of part delivery for everyone.
This data also informs P&W’s sustainment operations, including the advanced, integrated supply chain support center that P&W announced in March it would build in Bangalore. Manufacturing and parts availability data is critical to P&W’s drive to establish “a global supply chain ecosystem” that is fully aligned with customer needs, Thomas said.
The same goes for the huge engine parts configuration database in the company’s enterprise resource planning (ERP) system, which is part of the Customer Oriented Results & Excellence operating system ( CORE) from P&W, she said. Together with the ERP system’s predictive maintenance algorithms, part configuration data that identifies every part in every engine model manufactured by P&W enables CORE’s predictive lifecycle management (PLM) module to provide customers with predictive maintenance services company.
Engine health monitoring capabilities provided by the Advanced Diagnostics and Engine Monitoring (ADEM) platform of Pratt’s EngineWise suite of aftermarket and MRO services have also proven critical to maintenance capabilities. predictive of the engine of the company. Together, the CORE PLM module and ADEM enable P&W to offer engine parts customers “trend monitoring and troubleshooting, and maximizing time on the wing,” she said, improving customer maintenance planning.
The EngineWise Portal offers customers another P&W digital product designed to make engine maintenance information easy to access. Designed to automatically scale its display to the available screen size and definition of any device and viewable through any popular web browser using standard browser commands, the Interactive Electronic Technical Publication P&W cloud-based (IETP) displays technical data stored on a DVD or external drive.
P&W’s efforts to make work easier for employees through digitization include other cloud-based services aimed at reducing workload. A service is an “information-driven dashboard,” according to Thomas. This dashboard provides access to monthly billing information and a workflow tool designed to reduce the manual work involved in billing operations. Another cloud-based service allows employees to manage contracts. The portal provides “a contract registration system that has integrated and consistent ways to handle negotiation and administration,” she said.
According to Thomas, every effort to advance digitization represents a major internal cultural shift. “I absolutely believe that digitalization is key to attracting the right talent in the future,” she said. “We’re making sure we scale it across the organization and with our customers.”
On Thursday, the U.S. Department of Transportation’s Federal Highway Administration (FHWA) announced a Notice of Proposed Rulemaking (NPRM) that would help states and municipalities track and reduce greenhouse gas emissions.
As part of the bipartisan Infrastructure Act, the announcement would use $27 billion in funds allocated to BIL to establish a national framework to track state-to-state progress in reducing gas emissions greenhouse gas emissions by adding state performance management metrics to the FHWA’s existing national performance metrics, and creating a system for state departments of transportation and metropolitan planning organizations to set their own goals greenhouse gas emissions on the road from road travel on the national road network.
“With today’s announcement, we are taking an important step in addressing transportation’s share of the climate challenge, and we don’t have a moment to lose,” said U.S. Transportation Secretary Pete Buttigieg. “Our approach gives states the flexibility they need to set their own emissions reduction goals, while providing them with the resources of President Biden’s bipartisan Infrastructure Act to meet those goals and protect their communities.”
The proposed rule builds on work already done by 24 states and the District of Columbia while providing greater transparency, the FHWA said.
In addition to funding available to states, new and existing formula programs will provide state and local governments with access to funding that encourages public transportation and other integrated land use and transportation projects and strategies for reduce air pollution by providing Americans with more climate-friendly travel options. .
“Every state and local government in this country is seeing the impacts of climate change on their communities and infrastructure. States have a critical role to play as we work nationwide to reduce greenhouse gas emissions and slow these impacts,” said Stephanie Pollack, Deputy Administrator of Federal Highways. “State laws already require 24 states and the District of Columbia to set targets and track their greenhouse gas emissions and this proposed rule would bring that locally proven approach to the national scale.”
The proposed rule would help the transportation sector move from being the biggest source of emissions to being the biggest part of emission reduction solutions.
For the past five years, Tesla owners have reported shivers down their front axles when they show off their vehicle’s vaunted zero-to-60 two-second acceleration, or even just when going 30 mph.
There has been a lawsuit and a recall by the company of a key front end piece, but owners say they are still experiencing issues ranging from severe front end vibrations to breaking front axles on their vehicles.
All of this begs the question: should car buyers expect a Tesla that can’t handle its own speed? ConsumerAffairs has been tracking the complaints and speaking with automotive experts to assess the damage, and the answer may be closer to “yes” than “no.”
Eric Cheney, owner of Voodoo Design and Engineering, designs and builds high performance automobiles and engines. He calls the Tesla Model S Plaid “unbelievably fast” and suggests that many of the front-end issues may stem from the way owners drive it.
“I’m sure you’ve seen where Plaid Model S’s crashed at racetracks because their brakes weren’t up to snuff. That’s basically what’s happening with the front drivetrain,” Cheney told ConsumerAffairs “You have a standard axle installed in a car that hasn’t been upgraded, but the power of the engines has. So it’s basically like saying ‘I bought a Honda Accord and I’ve threw a Ferrari engine” and I expect all the supporting parts to take that amount of power and load.
Cheney calls Tesla’s Plaid Launch Mode, which gives the vehicle its sudden acceleration, “a gimmick” and says it’s not meant to be used repeatedly. According to Tesla, the cars have three modes: “Chill,” which limits acceleration for a smoother ride; “Sport”, which provides a normal level of acceleration; and “Insane”, also called “Plaid” on performance vehicles.
“They (Tesla) are just going to have to do some upgrades,” Cheney said. “If it turns into a callback, I don’t know. It’s not a recall issue, it’s a situation where people are using this vehicle in a way it was never intended to be used.
Powered by three electric motors
According to Car and Driver, the Plaid drive mode is powered by three electric motors, including one at the front axle. “Plaid” refers to a scene from the 1987 film “Space Balls”, in which a spaceship is going so fast that it turns into a plaid.
Tesla has already improved the Model S’s braking systems. Cheney, who owns two Teslas and calls them big cars, predicts the automaker will come up with upgrades to its axles. However, he says it may be a special order item for owners who repeatedly test the zero to sixty speed of vehicles.
“You’re going to have an upgrade package when it comes to drive axles,” Cheney said. “Because the metal they use in the drive axles was never meant to handle that kind of power.”
The issues have been reported on at least three Tesla models – the Model X, Model S and Model Y. All three are mid-size sedans powered by Tesla batteries.
In a detailed review published on ConsumerAffairs, John from Tracy, Calif., told us that his first Model S, purchased over a decade ago, had no problems. However, he says his four-year-old Model S developed extreme vibrations during hard acceleration.
“So now I have this $113,000 car and when people get in my car…they want to see how fast it goes, so you hit the gas and it sounds and it looks like it’s falling apart” , John wrote in his review.
Tesla is no longer responding to media requests for comment, but the company has publicly acknowledged front-end issues with its vehicles. In a 2017 service bulletin, the company said “certain Model S and Model X vehicles may have been manufactured with front suspension front links that may not meet Tesla’s strength specifications.” The automaker uses front links to control the suspension so it moves in the right direction and provides a smoother ride.
In late 2020, the National Highway Safety Traffic Administration (NHSTA) launched an investigation of Tesla Model X and Model S vehicles for front suspension front links based on 43 customer complaints.
“The investigation remains open and under active review,” an NHTSA spokesperson told ConsumerAffairs.
Grant Feek, CEO of online auto marketplace Tred, has been tracking issues reported by Tesla owners. He thinks another part of Tesla is to blame for some of the problems reported by consumers.
“One of the main causes of these issues is a hanger link fastener, which was prone to breaking and could cause the hanger links to separate,” he told ConsumerAffairs.
Feek says Tesla issued a recall in December to replace a faulty tether, or “hinge,” though no injuries were reported. He says Tesla owner forums have many reports of a more vague “suspension thrill” that suggests there are other front axle issues that are still unresolved and don’t seem to have been resolved by recall.
Sudden acceleration of electric vehicles could be a factor
When he introduced the Model S Plaid last year, Tesla CEO Elon Musk said it was important for the future of alternative energy vehicles to show that they were not only more fuel efficient, but that they could also be the fastest. Karl Brauer, executive analyst at iSeeCars.com, says the speed is great, but that might come at a price.
“Everyone loves the instant torque of electric cars, but torque is a twisting force,” Brauer told us. “So if you have any kind of electric car, you’re going to put a lot of strain on the powertrain components that handle the torque, including the axle.”
Feek says the way some Tesla owners drive their cars may be contributing to the problem. But he says suspension parts, such as suspension link brackets, shouldn’t fail on new, low-mileage cars.
“They have to be built to withstand the performance parameters of the car,” he said. “This, coupled with the recall, indicates that design and quality control issues are a major contributing factor.”
In other words, if the car has enough torque to go from zero to 60 in two seconds, the powertrain must be powerful enough to handle it.
Good morning! The Guardian dug through thousands of internal documents detailing Uber’s checkered past. Here’s a look at what’s inside.
Uber under Kalanick
The Guardian published a long exposure yesterday detailing Uber’s risky business practices. And the Uber Files paint a picture of an approach to growth that stops at nothing.
There is a lot to analyze in the 124,000 internal documents which cover a period of five years when Uber was run by Travis Kalanick. But many of them highlight the company’s ability to influence those in power and break the rules.
The documents show how Uber easily gained access to government leaders. Some files show text messages between Kalanick and Emmanuel Macron, which allow the company to have direct access to him and his staff.
Uber also paid a lot of money to academics to produce research that backed up its claims about its business model and gave major political figures from countries like Russia and Italy a financial stake in Uber in return for their support.
It was all about growth for Kalankick, and that mindset was clearly at the heart of all of Uber’s attempts to reach out to lawmakers and test its limits.
In one instance, Kalanick dismissed concerns from other leaders that sending drivers to a protest in France would put them at risk. “Violence guarantees success,” he said, although a spokesperson said his suggestion was wrong.
The company was also well aware that it could not legally operate in certain countries, but did so anyway. “Sometimes we get in trouble because, well, we’re just illegal,” Nairi Hourdajian, Uber’s global communications manager, told a colleague in 2014 as Uber faced shutdowns in Thailand and in India.
Dara Khosrowshahi tried to move on of the culture that was fostered under Kalanick, and in many ways he did a pretty decent job. But this report still provides a disturbing insight into Uber’s historic treatment of drivers, an issue that persists as a problem for the company, and may draw criticism from policymakers who worked with it when Kalanick was in charge. . In Europe, the report has already raised eyebrows.
This won’t be the only report on Uber’s dark past: dozens of news organizations are expected to publish more stories in the coming days.
Congress has 99 problems and the tokens are not one
In a perfect world, Congress would pass a bill giving chip companies $52 billion in subsidies. But it’s not a perfect world, and now Intel and others have to find a way to get their money’s worth.
it’s going to be harder than expected to pass the US Innovation and Competition Act, reports my colleague Hirsh Chitkara. The reason is what you might expect – tensions in the aisle, shifting priorities – but the fact is that chip companies need this bill, and they are fighting to get it.
IBM is sending employees to Capitol Hill in the coming weeks to lobby “all-out” on the bill, the company’s vice president of government and regulatory affairs told Hirsh.
The companies are also asking lawmakers to water down the bill and pass the subsidies on their own. That would avoid a fight between Dems and Republicans.
If the bill still does not pass? The companies have threatened to leave the United States and manufacture chips elsewhere. It looks like an empty threat. Unless …
Germany, France and Japan seem attractive to chip companies as they already have subsidy programs in the works.
Hirsh told me that some dodgy chipmakers would drop or scale back US projects. TSMC has already paved the way for a new factory in the US assuming the legislation would be a sure thing, and Intel hopes to open a new factory later this year. Still, some chipmakers say the threat is real anyway.
It’s going to be hard for the US to become a major chip-making powerhouse if Congress can’t help. But lawmakers have a lot of things to do before the midterm elections this fall, and flea subsidies sadly fall to the bottom of the list.
The gamification of injuries in the warehouse
Startups are turning injuries in warehouses into games using wearable technology. Big logistics companies love it, but some experts believe equipping workers with these devices avoids bigger problems.
Workplace wearable startups are attracting attention, with big companies like Amazon and Walmart considering startups like Modjoul and StrongArm.
The technology developed by these startups tracks the movements of workers, buzzing when they are about to do something physically dangerous. Many also give workers a safety score, which then becomes a competition between staff.
Amazon has invested in Modjoul’s technology and Walmart has implemented StrongArm’s technology in 18 warehouses for more than 6,000 workers. StrongArm claims it has reduced injuries in Walmart warehouses by 64%.
But what problem do these devices actually solve? Critics say these handheld devices could mask the fact that humans simply aren’t designed to keep up with the rapid pace and demand of warehouse work, and the only real way to prevent many injuries would be to rethink how the work itself is done. The people who make the devices see them as just another way to offer protection: “The way we see it and the way we think about it, it’s no different than gloves that protect your hand from lacerations.” , said Modjoul COO and founder Jen Thorson. said Protocol reporter Anna Kramer.
Read the full story here.
A MESSAGE FROM GOOGLE PLAY
Google Play connects app and game companies of all sizes with more than 2.5 billion Android users worldwide. And to fuel developer growth, 99% of app and game businesses are eligible for service fees of 15% or less on Google Play.
Microsoft cancels a major cybersecurity decision relating to the office. The company ambiguously stated that the change was “based on feedback”.
Google has proposed to split its advertising business to avoid another antitrust lawsuit. In particular, the company did not sell advertising assets.
The “LatAm thesis” is put to the test. Venture capitalists poured billions into startups in Latin America last year, and now that we’re in a recession, some investors are ready to ride out the storm there.
Congress investigation period tracking apps and data brokers. It focuses, among other things, on the company’s policies on geofencing and how they anonymize data.
New York now requires social media screening for people who want to buy a concealed handgun, although sheriffs aren’t getting any additional money or staff for the new process.
AI Argo fired 150 employees, which is about 6% of the driverless car business.
David McNeil is the new CRO of Envoy. McNeil was previously chief commercial officer at Tebra.com and worked at HubSpot and Salesforce before that.
How to actually clean your hard drives
Placing files in your laptop’s Trash folder does not guarantee that they are actually gone. If you get rid of your laptop or hard drive and want to make sure your data has been erased, The Washington Post has a guide on how to for both Windows and Mac systems. And if your computer won’t even turn on anymore, you can always remove the hard drive and give it a “generous dose of hammer.”
A MESSAGE FROM GOOGLE PLAY
99% of app and game companies qualify for service fees of 15% or less when distributing through Google Play. In fact, 97% of apps and games pay no service fees. With over 2.5 billion Android users worldwide, we help small developers grow.
American researchers have developed a lightweight glider designed to fly above Mars and collect data.
The unpowered aircraft is built to use the natural wind patterns around Mars to run for days at a time.
The aircraft is equipped with flight, temperature and gas sensors, as well as cameras. It is designed to collect data on the atmosphere and physical structures of the Red Planet.
A working model of the glider was developed by engineers at the University of Arizona. The team is associated on the project with Alexandre Kling, researcher at the American space agency NASA.
kling said in a press release the glider can be a valuable resource in helping NASA survey an important area above the surface of Mars.
“You have this really important and critical piece in the planetary boundary layerlike in the first few miles above the ground,” he said. “That’s where all the exchange between the surface and the atmosphere happens.”
Kling works at NASA’s Mars Climate Modeling Center. The center expands models designed to study current and past weather and climate activity on Mars.
Kling said this area, or zone, above the planet is where dust is picked up and sent into the atmosphere. This is also where the gaseous elements are mixed. So far, Kling said, very little data is available on this area.
Researchers describe their progress on the glider in a study recently appeared in the publication Aerospace.
The team notes that there are currently eight active spacecraft orbiting Mars and three rover vehicles also exploring the surface. But these research vehicles are limited in their ability to collect data from the area just above the surface of Mars.
NASA has experimented with a small helicopter on Mars, the Ingenuity. So far, ingenuity tests have been successful. And such an aircraft could perform operations similar to those for which the glider is designed. But the experimental helicopter can only fly for a few minutes at a time and can only reach heights of around 12 meters.
“These other technologies have all been very energy limited,” says the study’s lead author, Adrien Bouskela. He is a PhD candidate in engineering at the University of Arizona.
Bouskela said the glider’s goal is to use natural wind flows around Mars to avoid having to use motor vehicles. “The main question is: how to fly for free? How can you use the wind that is there? Bouskela asked. He noted that other research vehicles generally depend on the sun’s power and need Battery operate.
The researchers say the glider they have developed is lightweight, inexpensive and powered entirely by wind. The current model has a wingspan of about three and a half meters. The team says the plane is designed primarily to use vertical winds blowing over Mars.
But the plane will also be able to use a method called dynamic soaring, the engineers said. This method allows an aircraft to gain energy by repeatedly crossing borders between air masses of different strength levels. This type of wind activity is known to be common on Mars.
Current Mars explorers primarily captured images and data from flat, sandy areas of the planet where vehicles could land safely. But the researchers say the gliders “would be able to explore new areas by Take (the) advantage of the way the wind patterns gap around geological formations such as canyons and volcanoes.
The team performed tests of the glider by attaching it to a balloon floating in the sky. Further tests are planned for this summer when researchers are expected to send the plane up to around 4,500 meters in altitude. They also plan to extend their research to mathematical modeling for possible flight plans based on Mars climate data.
I am Brian Lynn.
Bryan Lynn wrote this story for VOA Learning English, based on reports from the University of Arizona and NASA.
Quiz – Researchers develop a glider designed to fly above Mars
Sports and Community Development MINISTER Shamfa Cudjoe has announced the expansion of the National Incentives and Rewards Framework.
In 2018, the National Rewards and Incentives Framework was introduced to reward athletes who have won medals at the highest levels of international competition in various respective sports disciplines.
Athletes have benefited from this policy to win medals at Olympic/Paralympic Games, T20 World Cups, World Championships in Athletics, Central American and Caribbean Games, Special Olympics World Games, among others.
On Friday, a press release from the Department of Sport and Community Development said: “On July 7, 2022 Cabinet took the decision to expand the incentive framework to include the World Indoor Championships in Athletics.”
Cudjoe said Jereem Richards will be the first TT athlete to receive a bonus in this new category in recognition of his gold medal, which set a new championship record in the men’s 400m event at the World Championships. Indoor Athletics 2022 held in Belgrade, Serbia. . To date, more than $5.5 million has been distributed to 100 athletes by the government since the program’s inception in 2018.
The new 2023 Ford Super Duty is right around the corner, and we can’t wait to see what Ford has in store for its big-truck lineup. In recent spy photos, we caught a glimpse of a camouflaged Ford Super Duty truck with an exposed grille. Based on the design of current-generation Ford Super Duty trucks and the exposed grille of the 2023 prototype, YouTuber TheSketchMonkey has created a render of what he thinks Ford’s latest truck will look like.
In a collection of recent spy photos, the new 2023 Ford Super Duty is slowly becoming more apparent. Thanks to limited frontal camouflage, the front grille of this 2023 Ford Super Duty is completely exposed, showing a radical departure from the current generation truck. From our observations, this particular 2023 Ford Super Duty is a Lariat trim based on the presence of body-colored side steps and mirror caps.
Although we get the chance to analyze the new grille of the 2023 Ford Super Duty, Ford’s camouflage hides any other changes to the truck’s sheet metal. The hood appears to be flat, and the distinct chamfer around the current-gen truck grille is currently hidden on this camouflaged truck prototype.
As for the final production truck, we expect a host of updates that make it more than a run-of-the-mill mid-cycle refresh. Based on the spy photos, we’re expecting a completely redesigned interior that should follow design cues from the current-generation Ford F-150.
The 2023 Ford Super Duty is expected to retain its current lineup of gasoline and diesel engines with the option of a hybrid model. The current 6.2-liter and 7.3-liter V8 engines are expected to remain relatively unchanged, as will the 6.7-liter turbocharged V8 diesel engine.
Do you hope the new 2023 Ford Super Duty looks like TheSketchMonkey’s speculative design? Or do you prefer the look of the current generation truck?
Earlier this week, my iPhone got a makeover. He turned gray.
Instead of vivid colors popping off the screen, my apps and photos looked like faded newspaper prints. It was intentional on my part. I wanted to see if setting my phone to grayscale would make me spend less time scrolling through apps. A surprising result early in my experiment: the real world around me seemed more alive when I looked away from my phone.
Grayscale mode has been reported in the tech press to combat phone addiction, but I first heard about it last week during a Twitter Spaces chat with 19-year-old college student Emma Lembke. years who launched the LOG OFF movement to help young people. create a healthier relationship with social media. Emma, whose Instagram addiction since she was 12 has taken a toll on her mental health, told me she puts her phone in grayscale mode whenever she has exams or was going through a stressful time in life. An edited transcript of our conversation can be found at the end of this column.
Steve Jobs, who relentlessly pursued the aesthetic perfection of Apple Inc. phones, would probably roll over in his grave at the thought of draining our handhelds of all their carefully chosen hues. But making your phone gray is not easy. There was a labyrinthine series of settings that I first had to navigate. (To switch to grayscale on iOS, open Settings, tap Accessibility, then tap Display & Text Size and finally scroll down to a feature called “Color Filters.”) None of this appears when you search for “grayscale”, “black and white” or “color” in the iPhone Settings app. You have to Google the steps.
Of course, it won’t surprise anyone that tech companies aren’t singing from the rooftops about how to spend less time on their products. But it wouldn’t kill them either to make it easier for people to moderate the time spent mindlessly scrolling.
Other products with addictive qualities have friction imposed by regulators: cigarette packs have graphic warning labels (1) while alcohol advertisements remind consumers to “drink responsibly”. There is no similar requirement for Big Tech companies, despite widespread evidence that excessive phone and social media use leads to mental health issues. At a minimum, they should highlight tools that allow people to use them less compulsively.
But neither have they made it easy for those creating tools to control phone addiction. Last October, Meta Platforms Inc. sent a cease and desist letter to a UK software developer who had created a free browser tool that automated the process of unsubscribing an entire Facebook friend list, making the thread topicality of a virtually empty person, while still retaining these friends.
Louis Barclay released the tool in July 2020 after trying to manually unfollow all of his Facebook friends — a process that can take several hours — and found he was no longer tempted to scroll through a stream of content without end. The hours he spent on Facebook dropped, he told me in an interview, as his addiction became manageable.
Around 12,500 people downloaded Barclay’s tool, Unfollow Everything, but a year later, in July 2021, Facebook demanded it be removed. He also banned her from using Facebook or Instagram for life, saying the tool compromised user security and privacy. A Facebook spokeswoman said it was wrong to suggest the company was motivated to reduce users’ control over their use of the site, and said it provided an activity dashboard and reminders to limit notifications, after working with mental health experts.
I’ve used another of Barclay’s other tools, called Nudge, with Twitter. It flashes a reminder once you’ve scrolled more than 10 posts at once as a gentle reminder that constant scrolling doesn’t necessarily lead to more useful information.
There is a whole cottage industry of widgets like this. (2) Apps like News Feed Eradicator aim to reduce distractions, Flipd keeps focus on goals, and Freedom helps block out distractions across all devices. Some are apps, but many are also browser extensions, which Barclay says may be easier to distribute because apps must follow App Store rules. Unfortunately, none of these services make it into the top ten app store lists.
That’s why Big Tech platforms should embed tools for getting started with their digital power into their own products. Apple, to its credit, has taken a few steps in this direction, in recent years adding updates to the screen time, a “Night Shift” mode to reduce blue light, and “Do Not Disturb” buttons. ” and “Personal” which make it easy to stop most notifications.
But Apple and Facebook could also do more. Apple could make it easier to find and switch iPhone to “grayscale” mode with a single button in its drop-down menu. Apple declined to comment. Facebook could make it easier to unfollow lots of friends at once, to give users more control over what they see in their News Feed. Barclay believes Facebook users should be given the option to opt out of the News Feed altogether. It would hurt his business model, he acknowledges, “but we should have that choice.”
Below is an edited transcript of my Twitter Spaces chat with Emma Lembke, the 19-year-old founder of LOG OFF, a loose collective of young people encouraging others to spend less time on social media.
Parmy: Your LOG OFF movement isn’t suggesting that teens quit social media altogether, so what should they do instead?
Emma: What we’re promoting is getting to a point where you can develop healthier habits around social media.
Parmy: So what’s your advice for people who want to do this?
Emma: A lot of people I’ve talked to don’t necessarily need to delete all of their apps. They can just grayscale or search [browser] expansions. I looked for apps that would balance my use of screen time and allow me to express myself, to continue to understand who I am while staying in safer digital spaces… I downloaded Screentime Genie from Stanford, a app called Blue Fever and an extension called Opal which is a screen time productivity tracker.
Parmy: Tell me about gray scale and how you used it.
Emma: This is the technique on which I receive the most comments. You’d think turning your phone to black and white won’t do much. But I always turn to grayscale when I’m in exam time or when I’m under stress. The time I spend on my phone and on social media is more than halved. I spend 30 minutes max on my phone all day, maybe even 20 minutes.
Parmy: That’s a big drop.
Emma: During my senior year in high school, several friends came up to me, laughing at me and saying, “What the hell is that?” Why is your phone black and white? The two people who made those comments texted me later saying, ‘Hey can you send me details on how to do this? In fact, it really seems to work.
Parmy: Have you had any feedback from technology companies on what you want?
Emma: I didn’t. I look forward to the day when I get an email from anyone from these teams.
More from this writer and others on Bloomberg Opinion:
Why everyone wants to be like TikTok: Timothy L. O’Brien
One Billion Chinese Files Probably Leaked Through Negligence, Not Hacking: Tim Culpan
Why you will probably (still) soon have the Covid: Therese Raphael and Sam Fazeli
(1) Graphic warning labels on cigarette packages don’t have as much of a deterrent effect, according to one study.
(2) Another browser tool hides Twitter likes and retweet counts, which helps me better judge tweets based on content, not virality. Last year, during an outage that took Facebook services offline for several hours, for example, I found it easier to ignore rumors that racked up tens of thousands of likes on Twitter claiming that the code Facebook source had disappeared.
This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners.
Parmy Olson is a Bloomberg Opinion columnist covering technology. A former journalist for the Wall Street Journal and Forbes, she is the author of “We Are Anonymous”.
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The new service has been hailed as offering added value to producers of radioactive waste, in addition to the basic elements of incineration and supercompaction commonly used to dispose of waste streams, it will also provide access to a wide range of ‘other technologies such as encapsulation and de-tritation.
The framework has been awarded to Inutec Ltd, trading as Tradebe Inutec, Veolia ES UK Ltd and PermaFix Environmental Services Inc.
Dr Craig Ashton, director of waste management services at NWS, said:
This framework marks the continued evolution of our service offering to clients as part of a longer-term strategy to drive even greater value and enable mission acceleration.
As always, the team did a fantastic job of getting it ready for service delivery to continue uninterrupted.
The contract builds on the success of an existing waste treatment services framework, operating for four years, and the focus remains, where possible, on providing treatment processes that enable the diversion of waste of the deposit.
The Framework can provide a service covering the complete waste life cycle, including but not limited to project management, expert advice, characterization, site preparation, decommissioning, transportation, separation, treatment, packaging and optimized disposal.
Kanye West will always be part of the conversation when he talks about America’s celebrity realm. With over 12 million followers on Instagram at the time of this writing, the rapper has done so much in his career, including putting together the popular Yeezy shoe line.
Now, it looks like Ye is entering the automotive industry with his company Donda Industrial Design. The news came when Donda teased a vehicle through a dark image, published by several media outlets (see photo at the top of this page). The image is accompanied by a caption that reads:
Donda foam vehicle. Conceptualized, designed, made in the USA. Amen.
Let’s talk about the vehicle first. The image shows a polygonal car with huge wheels at both ends, leaving no space for overhangs. The wheels resemble those found on Michelin Uptis airless tires.
Meanwhile, the greenhouse of the vehicle is almost non-existent, only relegated to the front part. There’s not much to say about the teaser, except that it looks like a concept for now – and polarizing to boot.
The Donda foam vehicle teaser came with an announcement. Sneaker designer Steven Smith was appointed by West to head Donda Industrial Design, which would manufacture the foam vehicle.
Smith is a veteran of the footwear industry, creating iconic shoes in the process. He started as a designer for New Balance in 1986, then worked at various companies – such as Adidas, Reebok, Fila and Nike – filling his portfolio with iconic shoes.
Smith’s last work with Kanye was with the Yeezy line and now, as head of industrial design Donda. He will work beyond sneakers at Donda, specifically on furniture, vehicles, and more.
Editor’s note:In December 2020, The Record released a interview between Recorded Future’s Dmitry Smilyanets and Russian hacker Pavel Sitnikov about ransomware, cybercrime and his self-proclaimed connection to notorious hacking group APT28, or Fancy Bear.
Since then, Sitnikov’s fortunes have changed: he was stopped last May by Russian authorities, who accused him of spreading malware through his Telegram channel called Freedomf0x. His home was raided and he faced up to five years in prison for allegedly sharing source code for the banking trojan Anubis on Freedomf0x.
Sitnikov, who says “everything ended well” for him after paying a fine, spoke with Smilyanets about the incident and how he is navigating a new career in the legal cybersecurity industry. “My life after the end of the trial, which lasted a whole year, has fundamentally changed,” he said. The conversation was conducted in Russian via Telegram and was translated into English with the help of linguists from Recorded Future’s Insikt group. The interview below has been lightly edited for clarity.
Dmitry Smilyanets: Pavel, not much time has passed since our last interview, but some events have happened since then that I really want to understand. I will start with the most important question. In May 2021 you were arrested and a few months ago you were sentenced under article 273 of the Criminal Code of the Russian Federation [covering the creation, use and dissemination of harmful computer viruses]. Tell me in detail what happened.
Pavel Sitnikov: Cheers! Early in the morning of May 20, 2021, six agents of the Moscow Criminal Investigation Department and FSB employees of Velikoluksky [Federal Security Service] office came to my apartment. I was anticipating this turn of events, because I had been warned by some people I know six months before.
The officers read the arrest warrant for my arrest and further search. The mandate read as follows: [they were investigating me for] distribution of Anubis malware. It really surprised me. During the search, and talking to them, they made it clear to me that they were here for a totally different reason, and [the accusation of the Anubis distribution] was only a pretext for my arrest.
They said that my case was being handled by the highest level and was related to a leak of personal information of COVID-19 patients in Moscow from the Department of Information Technology (DIT) of the Moscow Mayor’s office. Then I was taken to Moscow to the Main Investigative Department, where they interrogated me all day until night. This is how I celebrated my 39th birthday.
DS: You were then summoned for questioning after the Group-IB offices were searched. How does the IB Group situation affect you?
PS: They called me for an interrogation, but it wasn’t an interrogation, they just asked me to sign some stupid paper. It seemed to me that it was specially intended for the media; ) Several of our media wrote about me about this problem the day I was called. I was proudly silent because I didn’t really understand why they needed me, they didn’t explain to me on the phone and they didn’t explain to my lawyer either.
DS: How did this story end with the DIT Moscow database? Have the culprits been punished?
PS: Everything ended well for me, I did not harm anyone by my actions (according to Article 273 of the Criminal Code), and I was simply fined. All that to say, I’m not a criminal; ) Regarding the leak of the DIT [database]no one has been punished and never will be!
DS: How has your life changed since the verdict? And in general, how is it even possible that you were arrested – I thought Fancy Bear was above the law? It looks like you’re either not a “real bear” or you’re very guilty of something.
PS: My life after the end of the trial, which lasted a whole year, fundamentally changed. I changed my mind about my previous actions. Now I have my own cybersecurity company, I work strictly legally “in white [hat]field. I no longer have to prove anything to anyone like I used to, using radical methods of transmitting information. Regarding the allegation that I am considered a member of Fancy Bear: This was in 2016, the first time I came out of the shadows I was invited to meet hackers from Moscow DC [DEF CON]. At the meeting, from the start, we decided that at the conference, I would be introduced as “the one” from Fancy Bear who hacked Hillary Clinton. I accepted, it was fun.
Then I changed all my forum and social media profiles to appear affiliated with APT28. After a short time, other foreign intelligence agencies started to believe it, and many people from abroad contacted me. I maintained my reputation because there was this thought at the conference that I was part of the dreaded APT28 group, but deceiving virtually every intelligence community in the world was absolutely unbelievable. And that’s how this story was born : )
DS: An interesting report came out recently that clearly links you to ZERODAY TECHNOLOGIES (0DT) LLC and their product, Fronton. Are you in botnets now?[Editor’s Note: The report describes the company’s ties to the Russian government and criminal underground groups. Nisos, the company behind the report, said: “We assess that [Sitnikov] probably has a deep understanding of the functionality of the Fronton framework. »]
PS: When my trial started, I was officially unemployed. My lawyer recommended that I get a job because it is a plus in the eyes of the court. During the first month after my arrest, the head of 0DT LLC, Ruslan, contacted me and offered all kinds of help. I applied to be employed, on the condition that for the duration of the trial I would simply be listed as an employee and could only provide consulting services. As for the Fronton system, everything happened long before me. From what I know, the Fronton development is a cover for the security forces to “sip” money from the budget. Almost immediately after my conviction and the lifting of restrictions on my freedoms and certain actions, I left 0DT LLC and started my own cybersecurity company.
DS: Your Freedomf0x Telegram channel has more than 30,000 subscribers, what do you hope to achieve by leveraging this channel??
PS: I gave the Freedomf0x channel to an unknown actor a few years before my arrest. But I’m still a content ideologue – I just write my thoughts in information security discussions, Freedomf0x admins constantly monitor all of this and adhere to my opinion. The channel was created for the Russian public because not everyone can afford to pay for the material that is published. [the channel posts paywalled material that its users can access].
DS: What are you currently working on?
PS: Now I am trying to understand how the legal information security industry works in Russia. My first impression is that nobody needs anything here until they get fucked. I develop several projects; one is a project related to protest software (exposing vulnerabilities in open source) and a project related to AML (anti-money laundering) in cryptocurrency. I am really looking forward to the first contract in order to pay for the licenses of the FSTEC FSB [the Russian Federal Service for Technical and Export Control, FSB arm], without them many things cannot be done. I have a large pool of different specialists. In the future, I plan to get into Red Team development [offensive security] tools. Right now in Russia everything is on standby, we are surviving, so to speak!
DS: Pavel, I want to know your opinion on military operations in cyberspace. We see dozens of groups on both sides of the conflict in Ukraine. What group do you belong to?
PS: In my opinion, it’s not a war, it’s a conspiracy! Groups on both sides are just propaganda for the media! I don’t know how it is with information security in Ukraine (in a past life I remember it was very bad), but in Russia they are deplorable, if it’s a real war, so let’s say all of Moscow’s critical infrastructure can be laid within 24 hours; )
A few years ago, my friend and I conducted a study, and during one night we penetrated almost all critical nodes of the Moscow network, without touching anything. On both sides, they are children, easily manipulated not by money, but by notions of patriotism, nationalism, and other -isms: ) They are supervised by ideologues from the special services. One thing I can say to these young people: “all this will end one day, but the traces will remain, think about it! I, and many colleagues in the field, are neutral on everything that’s going on, we’re waiting for this shitshow to end.
DS: Are KillNet or XakNet serious threats to the global community? Or are they skids? Who directs them?
PS: Killnet, Xaknet and the others, as I said above, are a front for major world changes. Yes, the majority of them are children, but there are also professionals. They can pose a threat, but they will never use it. They are again led by groups of ideologues, political scientists and propagandists of the special services.
DS: How has Ukraine’s digital infrastructure suffered over the past three months? And in Russia?
PS: As for Ukraine’s digital infrastructure, honestly, I don’t know. I don’t think he suffered more than before the war. In Russia, everything was attacked before the war, it’s just that now everything is published openly to everyone.
DS: Are there enough information security specialists in Russia to successfully repel many attacks against the Russian Federation’s digital infrastructure?
PS: All the information security we have is designed to “sip” budgets and I’m more than sure that will never change. But even if 1,000 specialists remain in Russia, with proper treatment and proper funding, everything will be fine.
DS: Recently, the Conti ransomware group attacked Costa Rica, after which the President declared a state of emergency in the country. Why do you think this act of cyberterrorism was committed against a sovereign state?
PS: Conti is supervised by serious guys in power. An act of vandalism with Costa Rica again serves as a cover for important events in the global redistribution of spheres of influence! This is all straight out of the “Conducting Sabotage Activities” manual; )
DS: Will we see more coordinated cyberattacks against countries?
PS: On the Russian side, you will not see them. It’s as they say in the “kitchen”, these groups serve as “APT [advanced persistent threat group] mix”. They [APT groups] will be covered in ransomware and thieves.
DS: Do you want to tell me a secret?
PS: Yes, I always dreamed of serving in the special services, but they did not take me because I am a mess and a tyrant. But everyone still thinks I’m a lieutenant colonel in the FSB : )
A mission-oriented, Russian-speaking intelligence analyst with a type A personality. Dmitry has twenty years of experience and expertise in cybercrime activities, including as a former member of an elite hacking organization based in Russia.
Dominicaon energy and Skydio, the leading US drone manufacturer and world leader in autonomous flight, today announced that the Federal Aviation Administration (FAA) has granted Dominion Energy crucial approval to fly Skydio drones beyond visual line of sight. (BVLOS) to inspect power generation facilities in seven states. Dominion obtained the waiver in partnership with Skydio’s regulatory team under the FAA BEYOND program, as part of the Virginia team led by the Virginia Tech Mid-Atlantic Aviation Partnership (MAAP) with the Virginia Innovation Partnership Corporation.
Representing the democratization of advanced drone operations, the waiver allows individual operators – like plant engineers – to fly drones beyond their line of sight with unprecedented efficiency. It is not necessary to use a crew member or additional technology to detect manned aircraft. Skydio’s AI technology allows the pilot to safely fly missions near structures in a way that would be difficult or impossible with a drone using less sophisticated technology. As a result of this waiver, Dominion Energy – one of the nation’s largest energy companies – can conduct large-scale BVLOS operations to inspect more than 40 electrical facilities in Connecticut, Georgia, Indiana, North Carolina North, South Carolina, Virginia and West Virginia.
Dominion Energy first deployed drones in 2014, focusing primarily on identifying power line faults. Since then, Dominion has expanded its drone program to include approximately 50 drones and drone pilots serving multiple operational business segments. At power generation facilities, Dominion Energy drones take volumetric measurements and assess construction progress, provide surveying and mapping services, and inspect infrastructure.
“A 20-minute inspection by a battery-powered drone will increase the safety of our colleagues, who will no longer need to rappel down the side of a structure, as well as save time during preparations related to the inspection,” said Nate Robie, Dominion Unmanned Systems Program Energy Manager. “As a pioneer in the use of drones beyond visual line of sight, Dominion Energy is contributing to a safer and greener future, as well as the potential reduction in operating and maintenance costs, which which ultimately benefits our customers.”
Dominion Energy will perform these operations using Skydio X2, the ultimate smart aerial tool for business applications. Skydio X2 combines a rugged, foldable cell with Autonomy Skydio, the world’s most advanced AI-based autonomous flight engine, which allows Skydio drones to navigate safely in any environment, including areas without GPS, avoiding obstacles in 360°. Designed, assembled and supported in the USA, the Skydio X2 also meets the demanding supply chain and cybersecurity requirements necessary for critical infrastructure inspection.
“This crucial approval brings Dominion Energy, Skydio and the entire drone industry closer to large-scale, advanced drone operations,” said Jenn Player, Skydio’s Director of Regulatory Affairs. “When it comes to evolving beyond visual line of sight, having a smart drone makes all the difference and Skydio was proud to support Dominion Energy in securing this waiver which allows them to inspect facilities of crucial importance.”
MAAP runs Virginia’s BEYOND team and other major federal UAS integration efforts, and their work has consistently led to significant milestones permissions and operations that have moved the industry forward. They work with the FAA, other federal agencies, and leading companies on basic research and advanced testing, connecting industry goals and regulatory priorities to develop practical, powerful, and evidence-based solutions that set new precedents and lay the groundwork for expanded operations.
“Two major goals of the research we conduct as an FAA-designated test site are to help companies like Dominion develop practical ways to use drones to make their operations safer and more efficient, and to work with drone companies like Skydio to find opportunities to harness the real power of their technology to enable new types of operations,” said Tombo Jones, Director of MAAP. “This waiver achieves both of those things and is a real win for us in our BEYOND program efforts, and we’re excited to see the difference it will make for Dominion and Skydio now, and what it lays the foundation for in the future.
About Dominion Energy
About 7 million customers in 13 states power their homes and businesses with electricity or natural gas from Dominion Energy (NYSE:D), headquartered in Richmond, Virginia. The company is committed to providing sustainable, reliable, affordable and secure energy and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please to visit DominionEnergy.com to learn more.
Skydio is America’s largest drone manufacturer and the world leader in autonomous flight. Skydio uses revolutionary AI to create the world’s smartest flying machines for consumers, businesses and governments. Founded in 2014, Skydio is made up of leading experts in artificial intelligence, robotics, cameras and electric vehicles from leading companies, research labs and universities around the world. Skydio designs, assembles and supports its products in the USA from its headquarters in Redwood City, CA to provide the highest standards in supply chain and manufacturing safety. Skydio is trusted by leading companies across a wide range of industry sectors and backed by top investors and strategic partners, including Andreesen Horowitz, Levitate Capital, Next47, IVP, Playground and NVIDIA.
The Isle of Man Department of Enterprises announced on July 1 that it was seeking comments on three legislative proposals, one of which relates to whistleblower laws for the island.
The consultation on whistleblowing legislation opened on June 30 and closes on August 26. Individuals are encouraged to submit their views on several proposed changes to the current whistleblower law. The consultation also “seeks views on broader and deeper changes to the statutory framework for whistleblowing in the Isle of Man, to ensure that we do our best to protect those who seek to address wrongdoing on the workplace”, the consultation document from the States Department of Enterprise.
After the consultation period, the Ministry will “review and assess the comments received from those consulted”, “publish a review of the comments received” and “define the next steps for any legislative changes”. The consultation document notes that if a person consulted wishes any part or all of their response to be kept confidential, they should “clearly indicate so” in their response.
This consultation follows a December 2020 report from the Tynwald Select Committee on Whistleblowing. The report examines “Isle of Man Government policy” as well as “the current legislative framework relating to protected disclosures in the Isle of Man”. The Committee “found none to be fit for purpose”.
Subsequently, Tynwald, the Isle of Man parliament, engaged in debate and subsequently accepted five recommendations aimed at improving the Isle of Man government’s whistleblower policy and addressing the problems with current legislation on the whistleblower whistleblower from the Isle of Man. Recommendation 5 is that “the Cabinet Office and the Enterprise Department should consult jointly in 2021/22 on a comprehensive legislative framework for whistleblowing to cover: a) the encouragement to raise public interest concerns, b) the provision of follow-up and support, c) the protection of whistleblowers and penalties for non-compliance, and d) the possible establishment of an Isle of Man Concerns at Work service to provide oversight of any the island.
Current whistleblower protection provisions for people living in the Isle of Man are set out in Part IV of the Jobs Act 2006. According to the consultation paper, this provision is similar to the UK provision in the Employment Rights Act 1996. the whistleblower provisions have not been updated like the UK provisions: the whistleblower provisions for the Isle of Man therefore lack some updates, such as having an “interest test requirement audience “.
Whistleblower provisions in a bill would address some of the problems of the Jobs Act 2006, such as “Amending the definition of a ‘permissible disclosure’ to clarify that only disclosures made in the public interest will be eligible for whistleblower protection”. The proposed bill would also have “[r]remove the requirement that disclosures be made in ‘good faith'” and “amend the provision to include vicarious liability – in other words to provide that an employer may be held liable if another employee or “an agent” of the employer subjects the whistleblower employee to detriment.”
The Department of Enterprise is also seeking consultations on additional proposals outside of the Committee’s report, such as “the introduction of a provision to clearly indicate when a tip-off has been made” and “the maximum amount of compensation for wrongful dismissal”.
In relation to recommendation 5 of the Tynwald select committee report, the consultation document lists the recent history of progress made to improve whistleblower legislation in the UK, EU and Ireland. The document lists 18 questions to prompt individuals to comment on specific aspects of the legislative proposals.
According to the webpage, “[a] A number of high-profile cases over the years have highlighted the issue of whistleblowing and whether the Island’s legislative framework for protected disclosures could be strengthened. Individuals can submit their responses online through the online survey available on the webpage.
The other two consultations seek comments on proposals regarding family leave rights and the regulation of zero-hour contracts.
In the press release, Tim Crookall MHK, the Minister for the Department of Business, said: “We welcome the feedback from this consultation exercise and are open to hearing the views of the island’s business community. Man and the general public on these important issues.” He said: “The Department has made a clear commitment in the Island’s plan to reform employment law and by holding these consultations on these important proposals we hope we can make significant improvements to our employment law. employment before the scheduled date.
June 28, Whistleblower Network News reported on the Northern Ireland Department of Health requesting consultation on a model framework for whistleblowing.
Read more about the Isle of Man consultation on whistleblowing legislation here.
Read more about whistleblowers around the world at WNN.
The automotive archaeologist finds a pair of neglected 1968 and 1969 Plymouth Road Runners as well as a 1970 Dodge Charger that needs sprucing up.
Ryan Brutt uses his Auto Archeology YouTube channel to explore a barn housing a trio of legendary Mopar coupes. It’s a brief visit involving a lot of trash or hidden gems depending on your perspective. But, a look at the 1968 and 1969 Plymouth Road Runners and a 1970 Dodge Charger offering, hope these classic cars may one day see the road again. Brutt doesn’t reveal the location of his barn find, but a look at a dusty Illinois license plate hints it could be in Lincoln Country.
RELATED: 9 Things Everyone Forgot About The Plymouth Road Runner
A building with stories to tell
A first look inside the barn reveals mounds of scrap metal. But as the video progresses, the junk becomes engine blocks, rims, and even Hemi air filters. As they say, one man’s trash is another man’s treasure.
In previous years, the building housed other classic Mopars, including a 1970 Plymouth Superbird. Brutt shares some footage of the double-decker car, but the details are saved for another video.
RELATED: Here’s Where the Fast and Furious 1970 Dodge Charger Is Today
The one that started it all: the 1968 Plymouth Road Runner
Brutt’s video only gives viewers a quick glimpse of the 1968 Road Runner, which is the first model year of this performance-oriented Plymouth. The automaker developed the model as an economical alternative to its Mopar cousins and offerings from Ford and General Motors.
It’s unclear what’s under the hood of this particular Plymouth, but a 383-cubic-inch V8 making 335 horsepower was the standard engine for 1968.
The B-Body continues with the 1969 Road Runner
The Road Runner’s B-body platform continued for the 1969 model year (the second generation did not appear until 1971). There weren’t many body changes for the ’69, but the horizontal grille slats are an easy identifier. Plymouth also introduced a Road Runner convertible.
The 383 engine was retained, but a limited run of examples were built with either a 426 or 440 cubic inch V8, the latter offering up to 390 horsepower. We can only guess what’s fueling this weary Plymouth.
A buried 1970 Dodge Charger
Beneath piles of parts and books lies a 1970 Dodge Charger. Although not a 500 or a high-end R/T, it is still a remarkable classic waiting for another chance. Also sharing B-body underpinnings, the 1970 model marked the final year of the second-generation Charger. Unlike the ’69 split grille, the 1970 front has an open design framed by a wide bezel.
Likewise, there’s no information on this car’s powertrain, but the stock engine can range from Chrysler’s trusty slant-six to one of many V8 options.
Most scanners don’t do a thorough job. Photo: Shutterstock
Most websites are vulnerable to attacks, whether opportunistic or intentional, and the return on investment for cybercriminals can be substantial.
Although website security scanning offers a line of protection, it is not infallible.
To improve screening, a team of Australian and international researchers has just developed a new scanning tool to make sites less vulnerable to cyberattacks.
The prototype black box security assessment, tested by engineers in Australia, Pakistan and the United Arab Emirates, has proven to be more effective than existing web scanners.
UniSA Mechanical and systems engineer Dr. Yousef Amer, a member of the research team, said the researchers were able to highlight numerous security vulnerabilities in website applications using the prototype.
Amid growing and more severe cyberattacks, and despite a projected global spending of $170 billion on internet security in 2022 according to Varonis, existing web scanners fall far short of assessing vulnerabilities, Amer noted.
“We’ve identified that most publicly available scanners have weaknesses and don’t do the job they should,” Amer said.
These legacy tools have less precision, accuracy, and recall rates for determining web application vulnerabilities.
Additionally, there are some vulnerabilities that most tools are unable to detect.
Dr. Amer explained that the black box prototype has better crawler coverage because it uses the very capable Arachni crawler.
“This allows us to find all possible web pages associated with the main website,” he said. information age.
Serious vulnerabilities must be identified
The researchers compared 11 publicly available web application scanners with the Top 10 vulnerabilities in web applications and APIs identified by the Open Web Application Security Project (OWASP).
“We found that no single scanner is able to counter all of these vulnerabilities, but our prototype tool addresses all of these challenges.
“It’s basically a one-stop guide to making the website 100% secure,” he said.
The vulnerabilities included broken access control which poses serious security risks, as well as cryptographic failures, risk of hostile data injection, insecure design, misconfiguration, outdated components, and authentication failures and data integrity, among the list.
“There is an urgent need to audit websites and ensure they are secure if we are to curb these breaches and save businesses and governments millions of dollars,” he said.
A three-step scanning process
The new framework has three main components: the process initiator, security assessment, and reporting.
To initiate the process, a user enters a targeted URL, where host discovery and scanning process initiation begins.
Unreachable hosts are filtered out here and the process is complete.
In the assessment phase, the input web application is scanned using a scanning engine, a vulnerability database, and a knowledge base.
Amer explained that the scanning engine complies with Zap, Nikto, and W3af security scanning frameworks and is compatible with custom plugin scripts like OAuth and others.
The database contains all of the top 10 possible OWASP vulnerabilities, and the knowledge base is an AI-based scanning engine that identifies security trends, information leaks, and highlights data compromised reviews of the analyzed organizations.
To complete the cycle, a detailed report is generated with the identified vulnerabilities along with their details, an assessment score and a possible correction.
This information is then used for a manual analysis and remediation process by a security analyst and software developer.
Along the way, the researchers expect it to be updated to meet different needs and plan to market its application.
“The tool can be customized according to the user’s needs and all customizations are possible, such as plug-in integration, exploration customization and other features,” Dr. Amer said.
Researcher from IIT Jodhpur Analyzes Blended Learning Framework Using Flipped Instruction
The researcher from Indian Institute of Technology (IIT) Jodhpur explored and analyzed the usefulness and convenience of video-based flipped classroom model. The aim of the research was to find out whether the insights obtained from the interactive video assignments can be used to further flag at-risk students and make timely interventions, according to a statement from IIT Jodhpur. In a flipped classroom model, study materials are provided to students in advance for careful study and review, and class sessions are used in interactions, discussions, and problem solving.
Explaining the motivation behind analyzing the usefulness of the blended learning framework, the statement from IIT Jodhpur said, “The Covid-19 pandemic has made e-learning an inescapable necessity for teachers and students. Especially for students stuck in the digital divide, due to socio-economic and geographic disparities, power or internet outages, instructors needed to innovate new flexible ways to keep students “engaged” in learning at their convenience.
This motivated Dr. Rajlaxmi Chouhan, Assistant Professor, Department of Electrical Engineering, IIT Jodhpur, to analyze a video-based flipped classroom that has been successful in many countries across curricula and disciplines, the statement adds.
The researcher is the recipient of the 2019 Excellence in Teaching Award and 2021 Dr. Vandana Sharma Memorial Award for Innovation in Teaching at IIT Jodhpur.
Flipped teaching: meaning, research aspect
The unique aspect of this research was to analyze the engagement analysis to explore if a well-defined pattern can be observed to identify students who (i) do not make much effort to watch the videos (ii) are unable to respond correctly to knowledge tests despite making significant efforts. To create a sense of belonging and immersion in the institute campus, a 3D presentation of the core labs used in this course was created for students who had not yet visited the campus. The flexibility offered by these pedagogies allowed students to focus on using the material at their convenience rather than worrying about attendance at live classes.
In this work, the use of flipped classrooms using interactive video modules, along with elements of simulation and immersive learning, are explored for first-year students at IIT Jodhpur. To recreate a personalized classroom experience for students, instructor-created video lectures were used with interleaved questions at strategic locations to monitor student attention and engagement. The research was conducted at the Education Technology Vertical of the Center for Emerging Technologies for Sustainable Development, IIT Jodhpur.
The unique feature of this pedagogy was the video modules created by the instructor which were then assigned as interactive assignments to the students. The improved performance can be attributed to more effective use of “beyond contact hours” by students due to controlled engagement with study material. Incorporating elements of immersive 3D walkthroughs and chat rooms and taking strategic measures to combat cheating in online exams also contributed significantly to improving the learning experience. .