Archive for the ‘business’ category

May 20, 2022

Fast-growing Austin-area motor maker Infinitum Electric looks to jump into EV market

Posted by in categories: business, finance, sustainability, transportation

Round Rock-based motor company Infinitum Electric is expanding as it steps up production and breaks into the electric vehicle business.

The company is growing its footprint and workforce on the back of an $80 million funding round, which it announced this week. The financial infusion brings the company’s funding to date to $135 million.

Infinitum Electric was founded in 2016 in Austin by CEO Ben Schuler and moved to Round Rock in 2019. The motors include circuit boards that cut down on some of the costly equipment required in traditional motors, making Infinitum’s motors more efficient, smaller and quieter than traditional motors, according to the company.

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May 18, 2022

We’re About To Unlock the Secrets of the Brain

Posted by in categories: biotech/medical, business, neuroscience

True stories of indefatigable researchers, heroic engineers, and champions of, neuroscience who are finally turning the corner in the effort to understand, heal, and improve the human brain.

Al has a hard time walking up the stairs to his home’s second floor these days, so he lives on the first. In a lounge chair, surrounded by pictures of his family and the homes he built, he slowly, carefully crosses one knee at the ankle like he’s in a business meeting. His legs are thin and pale and papery. His face, too, has taken on a gauntness since the photo of his daughter’s wedding, mounted on the wall right in front of him, was taken back in 2009. Al lunges forward as if he might stand. But then, when he tries to say hello, all that comes out is a guttural moan. When Al, who is sixty-eight, was diagnosed with progressive supranuclear palsy (PSP) in 2012, he was not guaranteed even this. The disease, caused by degeneration of cells in areas of the brain associated with movement, balance, and thinking, often results in death in about seven years. It has no known cause and no cure.

May 17, 2022

Dell Technologies expands edge innovations for retailers

Posted by in categories: business, innovation

Dell Technologies announces the expansion of its edge solutions to help retailers quickly generate more value and deliver enhanced customer experiences from data generated in retail locations.

From grocery merchandising and curbside pickup to frictionless checkout and loss prevention, retailers have embraced edge technologies to keep pace with industry demands and create better customer experiences. A recent study conducted by 451 Research, part of S&P Global Market Intelligence, and commissioned by Dell found this growth will continue with 77% of retailers expecting to increase edge deployments significantly in the next two years1. However, without a holistic approach, new technologies across wide geographies and locations can lead to complex and siloed solutions that drive up a retailer’s IT management cost.

“Retailers are increasingly relying on IT technologies and data at the edge to offer more personalized and intelligent customer experiences that drive better business outcomes, dramatically accelerating the need for retailers to bring together siloed technologies,” said Gil Shneorson, senior vice president of edge solutions, Dell Technologies. “We’re helping retailers easily consolidate these technologies so they can analyze data where it’s created, make faster decisions and deliver positive experiences for in-store shoppers and employees.”

May 16, 2022

Wearable NFTs: The Ultimate Guide to be Fashionable in 2022

Posted by in categories: blockchains, business, wearables

It provides an extension of the physical identity to relive themselves as what they want in their dreams with luxurious brands.

Wearable NFTs can provide endless creativity, gender inclusivity, accessibility, and availability for new business models.

Thus, wearable NFTs is known as an eco-friendly alternative to wastage of dress materials and pollution from factories.

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May 15, 2022

CACI to launch experimental satellite to demonstrate alternative to GPS navigation

Posted by in categories: business, military, satellites

WASHINGTON – U.S. defense contractor CACI International is funding an experiment to demonstrate space technologies for military use, including an alternative to GPS navigation.

As part of the company’s plan to grow its space business, CACI is launching two demonstration payloads on a York Space satellite scheduled to fly to low Earth orbit in January aboard the SpaceX Transporter 7 rideshare.

“We’re looking at an alternative PNT [positioning, navigation and timing] solution that will work in a contested space domain,” CACI’s president and CEO John Mengucci said during a third-quarter fiscal year 2022 earnings call.

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May 13, 2022

Scientists Suggest Editing Human Genetic Code to Prevent Heart Attacks

Posted by in categories: biotech/medical, business, genetics

Heart attacks are the world’s leading cause of death, yet the few treatments available are often expensive and inaccessible. Although that’s been the case for years, the World Health Organization warned back in 2020 heart disease numbers were still on the rise.

Verve Therapeutics says altering human genomes to prevent the buildup of bad cholesterol might be the answer, and is creating what CEO Sekar Kathiresan says may be a permanent solution to heart disease. The company is backed by Google Ventures, according to a report about the breakthrough published Friday in Bloomberg. Verve also counts a Harvard medical professor and an award-winning medical expert among its cofounders.

“We’re on the cusp of potentially transforming that model to a one-and-done treatment,” Kathiresan told the business publication.

May 12, 2022

Will your existing data infrastructure support ESG reporting?

Posted by in categories: business, climatology, finance

I’ve noticed a tremendous change in how companies invest in their ESG initiatives. No longer is it just their peers or employees holding them accountable; it’s also national and international governing bodies. In 2020, the U.S. Securities and Exchange Commission created an ESG disclosure framework for consistent and comparable reporting metrics, and just recently the organization amended that framework to deepen the level of reporting required from organizations. And in March of this year, the U.K. Task Force on Climate-Related Financial Disclosures mandated U.K.-registered companies and financial institutions to disclose climate-related financial information.

It’s this very shift that has convinced organizational leaders that just having ESG initiatives isn’t enough anymore. It’s the ability to accurately and consistently report ESG metrics that may ultimately make the difference for a company to thrive in the next era of sound business practices.

When you look at this new challenge for ESG reporting, there’s simply no denying it: The single most important factor in successfully adhering to ESG standards is data.

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May 11, 2022

Artificial cell membrane channels composed of DNA can be opened and locked with a key

Posted by in categories: bioengineering, biotech/medical, business

Just as countries import a vast array of consumer goods across national borders, so living cells are engaged in a lively import-export business. Their ports of entry are sophisticated transport channels embedded in a cell’s protective membrane. Regulating what kinds of cargo can pass through the borderlands formed by the cell’s two-layer membrane is essential for proper functioning and survival.

May 9, 2022

Western banks still operating in Russia are preparing to lose $10 billion collectively as they pull out of the country, a report says

Posted by in categories: business, cosmology, finance

Sanctions imposed on Russia over its invasion of Ukraine are forcing lenders and businesses to pull out of the country.

This visualization shows 22 X-ray binaries in our Milky Way galaxy and its nearest neighbor, the Large Magellanic Cloud, that host confirmed stellar-mass black holes. The systems are depicted at the same physical scale, and their orbital motion is sped up by nearly 22,000 times. The view of each bin.

May 8, 2022

Planning a Career Path in the Face of Disruptive 21st Century Change

Posted by in category: business

Business careers in the 21st century require resilience, flexibility and investment in continuous self-learning.

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