Archive for the ‘business’ category: Page 12

Jun 15, 2021

GM Reveals New Ultium Batteries and a Flexible Global Platform to Rapidly Grow its EV Portfolio

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

WARREN, Mich. – Starting today, General Motors Co. (NYSE: GM) is gathering hundreds of employees, dealers, investors, analysts, media and policymakers to share details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably.

“Our team accepted the challenge to transform product development at GM and position our company for an all-electric future,” said Mary Barra, GM chairman and CEO. “What we have done is build a multi-brand, multi-segment EV strategy with economies of scale that rival our full-size truck business with much less complexity and even more flexibility.”

The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. They will allow the company to compete for nearly every customer in the market today, whether they are looking for affordable transportation, a luxury experience, work trucks or a high-performance machine.

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Jun 14, 2021

Teslas NEW Giga Press Is a BIG Game Changer

Posted by in categories: business, Elon Musk, engineering, space travel, sustainability

Tesla’s NEW Giga Press Is a BIG Game Changer Tesla and big things are inseparable. Be it ambition, idea, or more tangible items, Tesla would rather go big. Perhaps that is due to the many successes the company has racked up in the short time it has existed or just the personality of the CEO, Elon Musk. Whatever the case, Tesla tends to come along and fundamentally change how things are done, just like with its Giga Press. What is a Giga Press and how does it work? Why is it a game changer in the auto making business? Welcome to Tech Archives.

What is a Giga Press?

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Jun 13, 2021

Building the Ultimate Map of the Human Body

Posted by in categories: biotech/medical, business

Thousands of researchers from more than 70 countries are developing a comprehensive map of every kind of cell in the human body, an endeavor that could transform our understanding of diseases and medicine.

#Moonshot #Science #BloombergQuicktake.
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Jun 12, 2021

A carbon fiber strong enough to protect airplanes from lightning strikes, light enough to create performance skis

Posted by in categories: business, climatology, engineering

“It was so easy to get support from Northeastern, especially considering that we were fresh out of college,” Gurijala says. Through the Venture Mentoring Network, the co-founders were advised on how to create a business model and pitch investors. “They even connected us to our first investor. I’m not sure we could have started Boston Materials without the support of the whole entrepreneurial ecosystem at Northeastern.”

Boston Materials, which recently raised $8 million from investors, is looking to expand its team.

“We’re looking to grow across the company, from the manufacturing team, to the engineering team, to the technical sales team,” Gurijala says. “It’s an exciting time. There’s so much momentum behind us right now.”

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Jun 11, 2021

Electrified water lets cleaners ditch the bleach

Posted by in categories: biotech/medical, business, food, law enforcement

Circa 2011

It sounds like a late-night infomercial: Kill germs and clean surfaces with nothing more than water and a few volts of electricity! Pay pennies a gallon! Strong enough to kill germs but gentle on your skin!

The use of electricity and water to clean and disinfect has been embraced by some food and hospitality businesses looking to save money and go green by swapping out conventional products.

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Jun 11, 2021

A Detective AI Can Identify Obscure People From Multiple Sources

Posted by in categories: business, internet, robotics/AI

Researchers at Oxford University have developed an AI-enabled system that can comprehensively identify people in videos by conducting detective-like, multi-domain investigations as to who they might be, from context, and from a variety of publicly available secondary sources, including the matching of audio sources with visual material from the internet.

Though the research centers on the identification of public figures, such as people appearing in television programs and films, the principle of inferring identity from context is theoretically applicable to anyone whose face, voice, or name appears in online sources.

Indeed, the paper’s own definition of fame is not limited to show business workers, with the researchers declaring ‘We denote people with many images of themselves online as famous‘.

Jun 11, 2021

Distinguishing between chatbots and conversational AI

Posted by in categories: business, robotics/AI

In your business you need to learn how to distinguish between chatbots and conversational AI, here are some tips on how to do that.

Jun 10, 2021

Emerging Ransomware Targets Dozens of Businesses Worldwide

Posted by in categories: business, cybercrime/malcode, energy, finance, food, government, law

An emerging ransomware strain in the threat landscape claims to have breached 30 organizations in just four months since it went operational, riding on the coattails of a notorious ransomware syndicate.

First observed in February 2021, “Prometheus” is an offshoot of another well-known ransomware variant called Thanos, which was previously deployed against state-run organizations in the Middle East and North Africa last year.

The affected entities are believed to be government, financial services, manufacturing, logistics, consulting, agriculture, healthcare services, insurance agencies, energy and law firms in the U.S., U.K., and a dozen more countries in Asia, Europe, the Middle East, and South America, according to new research published by Palo Alto Networks’ Unit 42 threat intelligence team.

Jun 8, 2021

First on CNN Business: Asia’s fake pork titan sets its sights on the next ‘big’ thing

Posted by in categories: business, food, space

OmniFoods is far from the only player breaking into the space. Last year, Nestlé announced its entrance into the category, rolling out a vegan tuna product in Switzerland. Impossible has also previously announced it was working on an alternative fish product.

OmniFoods, the Hong Kong startup best known for its fake pork product “OmniPork,” is jumping on what it sees as the next phenomenon: plant-based seafood.

In an announcement first shared with CNN Business, the company said Tuesday it is launching a new line of products that include alternatives to fish fillets, fish burgers and cuts of tuna.

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Jun 7, 2021

How I Built a $1 Billion Start-Up Called Misfits Market

Posted by in categories: business, food

Misfits Market is an online grocery delivery service that sells “ugly” organic produce for cheap. In the first four months of 2021 alone, Misfits Market rescued the same amount of food it saved in 2020 as a whole. In 2020, Misfits Market shipped 77 million pounds of food to more than 400000 households across the U.S. Since launching in 2018, Misfits Market has expanded to both coasts, has over 1000 employees and has received over $300 million in funding. Bloomberg reports its valuation tops $1 billion, putting it into unicorn territory. But Misfits Market wasn’t an obvious success. In fact, it was just one of many businesses started by its 29-year-old founder Abhi Ramesh.

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