The Prometheus League
Breaking News and Updates
- Abolition Of Work
- Ai
- Alt-right
- Alternative Medicine
- Antifa
- Artificial General Intelligence
- Artificial Intelligence
- Artificial Super Intelligence
- Ascension
- Astronomy
- Atheism
- Atheist
- Atlas Shrugged
- Automation
- Ayn Rand
- Bahamas
- Bankruptcy
- Basic Income Guarantee
- Big Tech
- Bitcoin
- Black Lives Matter
- Blackjack
- Boca Chica Texas
- Brexit
- Caribbean
- Casino
- Casino Affiliate
- Cbd Oil
- Censorship
- Cf
- Chess Engines
- Childfree
- Cloning
- Cloud Computing
- Conscious Evolution
- Corona Virus
- Cosmic Heaven
- Covid-19
- Cryonics
- Cryptocurrency
- Cyberpunk
- Darwinism
- Democrat
- Designer Babies
- DNA
- Donald Trump
- Eczema
- Elon Musk
- Entheogens
- Ethical Egoism
- Eugenic Concepts
- Eugenics
- Euthanasia
- Evolution
- Extropian
- Extropianism
- Extropy
- Fake News
- Federalism
- Federalist
- Fifth Amendment
- Fifth Amendment
- Financial Independence
- First Amendment
- Fiscal Freedom
- Food Supplements
- Fourth Amendment
- Fourth Amendment
- Free Speech
- Freedom
- Freedom of Speech
- Futurism
- Futurist
- Gambling
- Gene Medicine
- Genetic Engineering
- Genome
- Germ Warfare
- Golden Rule
- Government Oppression
- Hedonism
- High Seas
- History
- Hubble Telescope
- Human Genetic Engineering
- Human Genetics
- Human Immortality
- Human Longevity
- Illuminati
- Immortality
- Immortality Medicine
- Intentional Communities
- Jacinda Ardern
- Jitsi
- Jordan Peterson
- Las Vegas
- Liberal
- Libertarian
- Libertarianism
- Liberty
- Life Extension
- Macau
- Marie Byrd Land
- Mars
- Mars Colonization
- Mars Colony
- Memetics
- Micronations
- Mind Uploading
- Minerva Reefs
- Modern Satanism
- Moon Colonization
- Nanotech
- National Vanguard
- NATO
- Neo-eugenics
- Neurohacking
- Neurotechnology
- New Utopia
- New Zealand
- Nihilism
- Nootropics
- NSA
- Oceania
- Offshore
- Olympics
- Online Casino
- Online Gambling
- Pantheism
- Personal Empowerment
- Poker
- Political Correctness
- Politically Incorrect
- Polygamy
- Populism
- Post Human
- Post Humanism
- Posthuman
- Posthumanism
- Private Islands
- Progress
- Proud Boys
- Psoriasis
- Psychedelics
- Putin
- Quantum Computing
- Quantum Physics
- Rationalism
- Republican
- Resource Based Economy
- Robotics
- Rockall
- Ron Paul
- Roulette
- Russia
- Sealand
- Seasteading
- Second Amendment
- Second Amendment
- Seychelles
- Singularitarianism
- Singularity
- Socio-economic Collapse
- Space Exploration
- Space Station
- Space Travel
- Spacex
- Sports Betting
- Sportsbook
- Superintelligence
- Survivalism
- Talmud
- Technology
- Teilhard De Charden
- Terraforming Mars
- The Singularity
- Tms
- Tor Browser
- Trance
- Transhuman
- Transhuman News
- Transhumanism
- Transhumanist
- Transtopian
- Transtopianism
- Ukraine
- Uncategorized
- Vaping
- Victimless Crimes
- Virtual Reality
- Wage Slavery
- War On Drugs
- Waveland
- Ww3
- Yahoo
- Zeitgeist Movement
-
Prometheism
-
Forbidden Fruit
-
The Evolutionary Perspective
Monthly Archives: July 2021
Why Rawlings thinks it built a better baseball glove using 3D printing technology – KSDK.com
Posted: July 27, 2021 at 1:23 pm
Rawlings this month released its new REV1X series of baseball gloves, which it says were "secretly" developed for years
ST. LOUIS About three years ago, Rawlings Sporting Goods began to think about how it might be able to develop a new type of baseball glove using cutting-edge technology.
The Town & Country-based sports equipment manufacturer soon found its blueprint for the project thanks to a conversation with New York Mets shortstop Francisco Lindor. The four-time All-Star and two-time Gold Glove Award winner wanted a glove that would keep the thumb and the pinky of his glove stiff while also having a soft pocket to trap the baseball.
Once we identified the problem withFrancisco Lindor, then we really had a target," saidRyan Farrar, senior director of ball gloves at Rawlings.
Rawlings this month released its new REV1X series of baseball gloves, which it says were "secretly" developed for years and both inspired by and designed with help from Lindor. The REV1X takes a swing at using 3D printing technology for baseball gloves to offer what Rawlings says is better playability and durability. The REV1X gloves include 3D-printed lattice inserts for the thumb and pinky designed to provide a stiffer feel, a laceless web and heel, and a molded 3D design on the glove back. Rawlings teamed up with 3D printing technology company Carbon and digital manufacturer Fast Radius to develop the glove, which retails for $399.
TheBusiness Journalcaught up with Farrar to discuss the new glove and the companys innovation process. The conversation has been edited for length and clarity.
How did you strategize the development of this new series of gloves? Once the problem was identified, we went to the drawing board with our engineers. We had confines of what we could work in. We knew we needed to make a glove that was different, but also traditional in feel and play of a ball glove. There were certain things we knew we couldnt touch. We started with, We can mess with these, we cant mess with these. For example, leather lace, leather palm, leather web all the places where you need the leather so the ball broke in we didnt touch. Then we said, What can we touch? We knew we needed to look at the padding. We know we can mess with the back of the glove. We know we can mess with the end sides of the glove and how it goes along the wrist. We literally just wrote those on a board and just started attacking each one.
How did you keep the consumer in mind while developing the glove? The first thing is the price point. We knew starting out we couldnt, even given technology, come out with a $1,000 baseball glove and be like, "Here it is. Were Rawlings, take it or leave it. The market above $279, $359, $399, $500, it shrinks dramatically. The price point was super important to us because we are believers in this technology. We wanted to make sure that high school kids had the opportunity to go out and use this high-end glove the same as the pro guys do. It does you no good to make this REV1X that is only for pro players. If you have something, you want to make sure its attainable for 13- to 18-year-old baseball players. We met a lot and talked to a lot of customers and consumers about the ceiling of where this could be.
Why is innovation needed for the baseball glove? A lot of people would think there aren't too many ways to tinker with a baseball glove.Thats been the mindset for a very long time. It really hasnt evolved or there hasnt been some serious innovation in quite some time. The one thing about the REV1X that is unique in the Carbon pieces is the playability, consistently. It starts out stiffer than padding and then what happens when your glove starts to break in is that padding starts to get soft whereas that Carbon padding has consistent playability throughout the life cycle of the product. Its super important you know your glove is going to perform like it did yesterday throughout the life. Thats not to say felt and wool are not for gloves. They are very good for gloves and have been used for gloves for a long time. They are the two best materials for it, but the consistent playability for the REV1X is probably the easiest I would explain to someone for it.
Click here for the full story.
Read more from the original source:
Why Rawlings thinks it built a better baseball glove using 3D printing technology - KSDK.com
Posted in Technology
Comments Off on Why Rawlings thinks it built a better baseball glove using 3D printing technology – KSDK.com
Mavenir Appoints Bejoy Pankajakshan to Newly Created Role of Chief Technology and Strategy Officer – Business Wire
Posted: at 1:23 pm
RICHARDSON, Texas--(BUSINESS WIRE)--Mavenir the Network Software Provider building the future of networks with cloud-native software that runs on any cloud and transforms the way the world connects today announced the appointment of Bejoy Pankajakshan to the newly created role of Chief Technology and Strategy Officer (CTSO). An expansion of Bejoys previous role at Mavenir as Executive Vice President, Chief Strategy Officer (CSO), Bejoy will power Mavenirs leadership in innovation and support the companys vision to deliver a single software-based network that runs on any cloud.
We welcome Bejoy into this new role at a time of rapid growth and market success that is driving innovation and advanced technology solutions for our customers, says Mavenir President and Chief Executive Officer Pardeep Kohli. Over the last three years, since his appointment as CSO, he has been pivotal to Mavenirs strategy, investment and M&A activities while providing impeccable technology and product leadership. This noteworthy appointment further solidifies Bejoys role in leading the formulation and execution of the company strategy.
Bejoys extensive mobile and telecommunications experience spans more than 2 decades, and includes leadership positions in product and technology development, strategic planning, M&A transactions, competitive analysis, network engineering and design. With a formidable track record driving engagement with engineering, R&D teams, senior management and Board members, he has the unique ability to design complex technical solutions that align to the business vision while championing future technology innovation, strategic planning, market forecasting and competitive trend analysis to accelerate digital transformation. In addition to leading multiple industry-first innovations and launches of world-first technologies both from the operator and vendor side, Bejoy holds more than 30 patents covering next-generation technologies. A member of the Harvard Business School Advanced Management Program class of 2022, he earned an MS from Southern Methodist University and an MBA from Kansas State University.
As CTSO, Bejoy will focus on setting and developing a coherent architecture direction in partnership with different business units, accelerating the cross-functional alignment of Mavenirs product portfolio that delivers and creates a path for future technology innovation. He will also manage Mavenirs standards body participation and patents pool.
This is not only an extraordinary opportunity but also a great honor to lead Mavenir in technology and strategy, says Bejoy. Today, with a rapidly growing team, Mavenir has achieved remarkable milestones for both the company and its global customers. I cannot think of a more important and exciting time to take on such a significant new role. I welcome new challenges and look forward to helping Mavenir realize our bold vision.
In this expanded role as CTSO, we look forward to Bejoy playing a key role in the technology alignment both with other Siris companies as well as the Koch companies, given the recent $500M investment in Mavenir, said Hubert de Pesquidoux, executive chairman of Mavenir and Executive Partner at Siris Capital.
About Mavenir
Mavenir is building the future of networks and pioneering advanced technology, focusing on the vision of a single, software-based automated network that runs on any cloud. As the industrys only end-to-end, cloud-native network software provider, Mavenir is focused on transforming the way the world connects, accelerating software network transformation for 250+ Communications Service Providers in over 120 countries, which serve more than 50% of the worlds subscribers. For information about Mavenir, visit: http://www.mavenir.com.
Follow this link:
Posted in Technology
Comments Off on Mavenir Appoints Bejoy Pankajakshan to Newly Created Role of Chief Technology and Strategy Officer – Business Wire
Worldwide 3D Printing Industry to 2026 – Need of Technology in Post-Processing Systems Presents Opportunities – PRNewswire
Posted: at 1:23 pm
DUBLIN, July 27, 2021 /PRNewswire/ -- The "3D Printing Market Research Report , by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global 3D Printing Market size was estimated at USD 14.93 Billion in 2020 and expected to reach USD 17.57 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 18.01% to reach USD 40.33 Billion by 2026.
Market Statistics:
The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.
Market Segmentation & Coverage:
This research report categorizes the 3D Printing to forecast the revenues and analyze the trends in each of the following sub-markets:
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the 3D Printing Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global 3D Printing Market, including 3D Systems, Inc., ARC Group Worldwide, Inc., Beijing Tiertime Technology Co., Ltd., Carbon, Inc., EnvisionTEC, EOS GmbH, ExOne Company, General Electric Company, Groupe Gorge Company, Hewlett-Packard Development Company, L.P., Hoganas AB, Koninklijke DSM N.V., Materialise NV, Mcor Technologies Ltd, Nano Dimension, Optomec Inc., Proto Labs, Ltd., Renishaw PLC, SLM Solutions Group AG, Stratasys, Ltd., taulman3D, LLC, Ultimaker BV, and voxeljet AG.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global 3D Printing Market?2. What are the inhibiting factors and impact of COVID-19 shaping the Global 3D Printing Market during the forecast period?3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global 3D Printing Market?4. What is the competitive strategic window for opportunities in the Global 3D Printing Market?5. What are the technology trends and regulatory frameworks in the Global 3D Printing Market?6. What is the market share of the leading vendors in the Global 3D Printing Market?7. What modes and strategic moves are considered suitable for entering the Global 3D Printing Market?
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary3.1. Introduction3.2. Market Outlook3.3. Geography Outlook3.4. Competitor Outlook
4. Market Overview4.1. Introduction4.2. Cumulative Impact of COVID-19
5. Market Insights5.1. Market Dynamics5.1.1. Drivers5.1.1.1. Increased investments in 3D printing by start-up companies5.1.1.2. Rising deployment into various industry verticals5.1.1.3. 3D printing in construction medical implants and underwater printing5.1.2. Restraints5.1.2.1. Lack of standardization5.1.3. Opportunities5.1.3.1. Emerging applications in printed electronics, education, and jewelry5.1.3.2. Need of technology in post-processing systems5.1.4. Challenges5.1.4.1. High cost of materials and ensuring product quality5.2. Porters Five Forces Analysis5.2.1. Threat of New Entrants5.2.2. Threat of Substitutes5.2.3. Bargaining Power of Customers5.2.4. Bargaining Power of Suppliers5.2.5. Industry Rivalry
6. Americas 3D Printing Market6.1. Introduction6.2. Argentina6.3. Brazil6.4. Canada6.5. Mexico6.6. United States
7. Asia-Pacific 3D Printing Market7.1. Introduction7.2. Australia7.3. China7.4. India7.5. Indonesia7.6. Japan7.7. Malaysia7.8. Philippines7.9. Singapore7.10. South Korea7.11. Thailand
8. Europe, Middle East & Africa 3D Printing Market8.1. Introduction8.2. France8.3. Germany8.4. Italy8.5. Netherlands8.6. Qatar8.7. Russia8.8. Saudi Arabia8.9. South Africa8.10. Spain8.11. United Arab Emirates8.12. United Kingdom
9. Competitive Landscape9.1. FPNV Positioning Matrix9.1.1. Quadrants9.1.2. Business Strategy9.1.3. Product Satisfaction9.2. Market Ranking Analysis9.3. Market Share Analysis, By Key Player9.4. Competitive Scenario9.4.1. Merger & Acquisition9.4.2. Agreement, Collaboration, & Partnership9.4.3. New Product Launch & Enhancement9.4.4. Investment & Funding9.4.5. Award, Recognition, & Expansion
10. Company Usability Profiles10.1. 3D Systems, Inc.10.2. ARC Group Worldwide, Inc.10.3. Beijing Tiertime Technology Co., Ltd.10.4. Carbon, Inc.10.5. EnvisionTEC10.6. EOS GmbH10.7. ExOne Company10.8. General Electric Company10.9. Groupe Gorge Company10.10. Hewlett-Packard Development Company, L.P.10.11. Hoganas AB10.12. Koninklijke DSM N.V.10.13. Materialise NV10.14. Mcor Technologies Ltd10.15. Nano Dimension10.16. Optomec Inc.10.17. Proto Labs, Ltd.10.18. Renishaw PLC10.19. SLM Solutions Group AG10.20. Stratasys, Ltd.10.21. taulman3D, LLC10.22. Ultimaker BV10.23. voxeljet AG
11. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/rba76d
Media Contact:
Research and Markets Laura Wood, Senior Manager [emailprotected]
For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904 Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
http://www.researchandmarkets.com
See the rest here:
Posted in Technology
Comments Off on Worldwide 3D Printing Industry to 2026 – Need of Technology in Post-Processing Systems Presents Opportunities – PRNewswire
A different kind of solar technology is poised to go big – Grist
Posted: at 1:23 pm
Most solar panels covering the worlds rooftops, fields, and deserts today share the same ingredient: crystalline silicon. The material, made from raw polysilicon, is shaped into wafers and wired into solar cells, devices that convert sunlight into electricity. Recently, the industrys dependence on this singular technology has become something of a liability. Supply chain bottlenecks are slowing down new solar installations worldwide. Major polysilicon suppliers in Chinas Xinjiang region accused of using forced labor from Uyghurs are facing U.S. trade sanctions.
Fortunately, crystalline silicon isnt the only material that can help harness the suns energy. In the United States, scientists and manufacturers are working to expand production of cadmium telluride solar technology. Cadmium telluride is a type of thin film solar cell, and, as that name suggests, its much thinner than a traditional silicon cell. Today, panels using cadmium telluride supply about 40 percent of the U.S. utility-scale market, and about 5 percent of the global solar market. And they stand to benefit from the headwinds facing the broader solar industry.
Its a very volatile time, especially for the crystalline silicon supply chain in general, said Kelsey Goss, a solar research analyst for the energy consultancy group Wood Mackenzie. Theres great potential for cadmium telluride manufacturers to take more market share in the coming year. Especially, she noted, since the cadmium telluride sector is already scaling up.
In June, the solar manufacturer First Solar said it would invest $680 million in a third cadmium telluride solar factory in northwest Ohio. When the facility is finished, in 2025, the company will be able to make 6 gigawatts worth of solar panels in the area. Thats enough to power roughly 1 million American homes. Another Ohio-based solar firm, Toledo Solar, recently entered the market and is making cadmium telluride panels for residential rooftops. And in June, the U.S. Department of Energy and its National Renewable Energy Laboratory, or NREL, launched a $20 million program to accelerate research and grow the supply chain for cadmium telluride. One of the goals of the program is to help insulate the U.S. solar market from global supply constraints.
Researchers at NREL and First Solar, previously called Solar Cell Inc., have worked together since the early 1990s to develop cadmium telluride technology. Cadmium and telluride are byproducts of smelting zinc ores and refining copper, respectively. Whereas silicon wafers are wired together to make cells, cadmium and telluride are applied as a thin layer about one-tenth of the diameter of a human hair to a pane of glass, along with other electricity-conducting materials. First Solar, now the worlds largest thin film manufacturer, has supplied panels for solar installations in 45 countries.
The technology has certain advantages over crystalline silicon, said NREL scientist Lorelle Mansfield. For instance, the thin film process requires fewer materials than the wafer-based approach. Thin film technology is also well-suited for use in flexible panels, like ones that cover backpacks or drones or are integrated into building faades and windows. Importantly, the thin film panels perform better in hot temperatures, while silicon panels can overheat and become less efficient at generating electricity, she said.
But crystalline silicon has the upper hand in other areas, such as their average efficiency meaning the percentage of sunlight that panels absorb and convert into electricity. Historically, silicon panels have had higher efficiencies than cadmium telluride technology, though the gap is narrowing.Todays industrially produced silicon panels can achieve efficiencies of 18 to 22 percent, while First Solar has reported an average efficiency of 18 percent for its newest commercial panels.
Still, the main reason silicon has dominated the global market is relatively simple. It all comes down to the cost, Goss said. The solar market tends to be highly driven by the cheapest technology.
Crystalline silicon costs about $0.24 to $0.25 to produce each watt of solar power, which is less than other contenders, she said. First Solar said it no longer reports the cost-per-watt to produce its cadmium telluride panels, only that costs have declined significantly since 2015 when the company reported costs of $0.46 per watt and continue to drop every year. There are a few reasons for silicons relative cheapness. The raw material polysilicon, which is also used in computers and smartphones, is more widely available and inexpensive than supplies of cadmium and telluride. As factories for silicon panels and related components have scaled up, the overall costs of making and installing the technology have declined. The Chinese government has also heavily supported and subsidized the countrys silicon solar sector so much so that about 80 percent of the worlds solar manufacturing supply chain now runs through China.
Falling panel costs have driven the global solar boom. Over the last decade, the worlds total installed solar capacity has seen a nearly tenfold increase, from about 74,000 megawatts in 2011 to nearly 714,000 megawatts in 2020, according to the International Renewable Energy Agency. The United States accounts for about one-seventh of the worlds total, and solar is now one of the largest sources of new electricity capacity installed in the U.S. every year.
The cost per watt of cadmium telluride and other thin film technologies is similarly expected to shrink as manufacturing expands. (First Solar says that when its new Ohio facility opens, the company will deliver the lowest cost per watt on the entire solar market.) But cost isnt the only metric that matters, as the industrys current supply chain issues and labor concerns make clear.
Mark Widmar, CEO of First Solar, said the companys planned $680 million expansion is part of a larger effort to build a self-sufficient supply chain and decouple the U.S. solar industry from China. Although cadmium telluride panels dont use any polysilicon, First Solar has felt other challenges facing the industry, like pandemic-induced backlogs in the maritime shipping industry. In April, First Solar told investors that congestion at American ports was holding up panel shipments from its facilities in Asia. Increasing U.S. production will allow the company to use roads and railways to ship its panels, not cargo ships, Widmar said. And the companys existing recycling program for its solar panels allows it to reuse materials many times over, further reducing its reliance on foreign supply chains and raw materials.
As First Solar churns out panels, scientists at both the company and NREL continue to test and improve cadmium telluride technology. In 2019, the partners developed a new approach that involves doping the thin film materials with copper and chlorine to achieve even higher efficiencies. Earlier this month, NREL announced the results of a 25-year field test at its outdoor facility in Golden, Colorado. A 12-panel array of cadmium telluride panels was operating at 88 percent of its original efficiency, a strong result for a panel thats sat outside for over two decades. The degradation is in line with what silicon systems do, according to the NREL release.
Mansfield, the NREL scientist, said the goal isnt to replace crystalline silicon with cadmium telluride or establish one technology as superior to the other. I think theres a place for all of them in the market, and they each have their applications, she said. We want all energy to go to renewable sources, so we really need all of these different types of technology to meet that challenge.
Read more here:
A different kind of solar technology is poised to go big - Grist
Posted in Technology
Comments Off on A different kind of solar technology is poised to go big – Grist
DFPI Office of Financial Technology and Innovation Gives Insight Into Scope and Functions – JD Supra
Posted: at 1:23 pm
In a webinar hosted by the Innovative Payments Association last week, Christina Tetreault, the new leader of the Office of Financial Technology and Innovation (OFTI) within the California Department of Financial Protection and Innovation (DFPI), gave us a glimpse of the OFTI's purpose, function, and initial goals. Tetreault also welcomed discussion and questions from the audience about the role of the OFTI.
Tetreault emphasized the OFTI's focus on outreach and engagement. To that end, she is leading efforts to collect as much feedback from a broad range of individuals, including industry stakeholders and consumers, concerning the issues underlying financial services technology and innovation. She even invited webinar participants to submit meeting requests and shared her direct email address.
From experience, she has been happy to schedule discussions and hear how the OFTI can be effective and encourage responsible innovation in California. Tetreault plans to create a streamlined intake process directly from the OFTI's website, once the site is launched.
According to Tetreault, the OFTI hopes to facilitate useful conversations across the DFPI. And though the OFTI is not completely insulated from DFPI's enforcement role, its goal is to help create opportunities for discussions early on, before enforcement is an issue.
The OFTI will also start several research initiatives on prominent issues in its early days, once it becomes more fully staffed. Currently, Tetreault anticipates the earlier research endeavors will look at COVID-19 impacts and related trends within the financial technology space, including how fragmentation in payments has impacted consumers.
DWT looks forward to engaging with the OFTI and is excited to follow its developments under Tetreault's helm.
[View source.]
See the article here:
DFPI Office of Financial Technology and Innovation Gives Insight Into Scope and Functions - JD Supra
Posted in Technology
Comments Off on DFPI Office of Financial Technology and Innovation Gives Insight Into Scope and Functions – JD Supra
WATCH LIVE: Power plant touting new clean fusion technology breaks ground in Everett – KING5.com
Posted: at 1:23 pm
The Helion Energy power plant is expected to have positive implications for the region's air quality and clean energy production.
EVERETT, Wash. Gov. Jay Inslee was in attendance Tuesday morning as the fusion clean energy facility broke ground in Everett.
Inslee was joined by Everett Mayor Cassie Franklin and Helion Energy CEO David Kirtley, the company behind the new facility.
Helion Energy said the facility would use a zero-carbon non-ignition fusion technology to produce affordable power that is flexible and scalable, bringing long-term jobs in the science, tech, engineering and mathematics fields.
The plant will also have positive implications with its non-ignition fusion method for Everett and the surrounding area in terms of air quality, something that's been scrutinized after recent incidents involving another energy company in the region.
The Shell Oil Company was recently fined $60,000 by the Northwest Clean Air Agency (NWCAA) for incidents in the fall of 2020 related to its Puget Sound Refinery in Anacortes.
According to the NWCAA, in August and September, the refinery experienced flaring events that caused a harsh smell to persist throughout Anacortes and more than the allowable visible emissions to be released into the air.
Odors and smoke traveled downwind over the Swinomish Indian Tribal Community lands. The tribe released a statement Tuesday, saying in part, The toxic pollution was felt by, and sickened, multiple Tribal community members and Reservation residents, some of whom had to seek medical treatment.
The NWCAA cited Shell for a similar incident in 2015 and collected a $133,000 penalty.
The new Helion Energy power plant in Everett will be located just east of the Boeing campus near the Evergreen neighborhood.
View post:
WATCH LIVE: Power plant touting new clean fusion technology breaks ground in Everett - KING5.com
Posted in Technology
Comments Off on WATCH LIVE: Power plant touting new clean fusion technology breaks ground in Everett – KING5.com
Amazon-backed Wiliot raises $200 mln in investment led by SoftBank Vision Fund 2 – Reuters
Posted: at 1:23 pm
July 27 (Reuters) - Wiliot, a technology company backed by Amazon Web Services (AMZN.O) and Qualcomm Inc (QCOM.O), said on Tuesday it raised $200 million in a funding round led by SoftBank Vision Fund 2.
The company, which makes chips that can be embedded on product packaging to help track items during their manufacturing, shipping, and sale, did not disclose the valuation at which the funds were raised.
Its technology can be integrated into vaccine vials and food packaging, among others. Wiliot says it aims to expand the internet-of-things network to include everyday products.
The company was founded in 2017 and is headquartered in Israel, with a presence in California, Germany, Ukraine, Australia and Taiwan.
The investment marks another major bet on Israeli growth companies from Japanese conglomerate SoftBank Group Corp (9984.T). In recent months, SoftBank has also invested in artificial intelligence-based facial recognition startup AnyVision and cloud firm Redis Labs. read more
Wiliot also counts the investment arms of Samsung Group and Verizon Communications Inc (VZ.N) among its backers.
The company plans to use the fresh funds to expand its operations in preparation for the upcoming launch of its V2 product.
Amit Lubovsky, director at SoftBank Investment Advisers, will take a seat on Wiliot's board as part of the deal.
The company raised $70 million in a previous funding round in February last year.
Reporting by Niket Nishant in Bengaluru and Jane Lee in San Francisco; Editing by Aditya Soni
Our Standards: The Thomson Reuters Trust Principles.
Read more here:
Amazon-backed Wiliot raises $200 mln in investment led by SoftBank Vision Fund 2 - Reuters
Posted in Technology
Comments Off on Amazon-backed Wiliot raises $200 mln in investment led by SoftBank Vision Fund 2 – Reuters
Hudson County Community College Partners with New Jersey Institute of Technology for Seamless and Successful Transfer to Baccalaureate Business…
Posted: at 1:23 pm
Hudson County Community College (HCCC) will sign an articulation agreement with New Jersey Institute of Technology (NJIT) on Tuesday, July 27 at 2 p.m.
The signing will take place at HCCCs Culinary Conference Center, located at 161 Newkirk Street in Jersey City.
HCCC President, Dr. Chris Reber, will be joined for the signing by NJIT Provost and Senior Executive Vice President, Dr. Fadi Deek. Also attending will be HCCC Vice President for Academic Affairs, Dr. Darryl Jones; HCCC Associate Vice President for Continuing Education and Workforce Development, Lori Margolin; HCCC Acting Associate Dean for Business, Culinary Arts and Hospitality Management, Dr. Ara Karakashian; HCCC Dean of Academic Affairs and Assessment, Dr. Heather DeVries; NJIT Senior Vice President of Academic Affairs and Student Services, Dr. Basil Baltzis; NJIT Vice Provost for Undergraduate Studies, Dr. Laurent Simon; NJIT Martin Tuchman School of Management Dean, Dr. Oya Tukel, and Assistant Dean, Melodi Guilbault.
This new agreement will provide pathways for our students to become highly skilled, data- and technology-driven business professionals at one of the nations highly regarded polytechnic universities, Dr. Reber said. We are excited to collaborate with NJIT on this venture.
Expanding access to STEM education is a core component of NJITs mission as well as its vision of being a preeminent public polytechnic research university with local and global impact, said Dr. Deek. Removing barriers of entry creates exciting academic and professional opportunities and we look forward to welcoming students from HCCC.
Under the terms of the HCCC-NJIT agreement, students who earn an Associate of Science in Business Administration degree at HCCC will be able to transfer seamlessly to Bachelor of Science degree programs in Business, Business Online Accelerated Entrepreneurship, and Financial Technology at the NJIT Martin Tuchman School of Management.
Additional information about the HCCC Associate of Science in Business Administration degree program may be obtained by emailing Janine Nunez, Recruiter, atjNunez@hccc.edu, or phoning (201) 360-4640.
Read more:
Posted in Technology
Comments Off on Hudson County Community College Partners with New Jersey Institute of Technology for Seamless and Successful Transfer to Baccalaureate Business…
Elon Musk snipes at Apple twice on Tesla earnings call – CNBC
Posted: at 1:22 pm
Elon Musk, chief executive officer of Tesla Inc., right, departs from court for the SolarCity trial in Wilmington, Delaware, U.S., on Monday, July 12, 2021.
Samuel Corum | Bloomberg | Getty Images
Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice during a conference call to discuss Tesla earnings on Monday.
Although the companies don't compete directly today, Apple is reportedly building an electric self-driving vehicle under a project code-named Titan, and has attracted a number of engineers and executives away from Tesla. The Titan project is reportedly run by Doug Field, who returned to Apple in 2018 after five years at Tesla.
When asked about Tesla's supply chain, Musk said that there's a misperception that Tesla uses a lot of cobalt, a key material in the production of lithium-ion cells used in both smartphones and electric cars.
"Apple uses I think almost 100% cobalt in their batteries and cell phones and laptops, but Tesla uses no cobalt in the iron-phosphate packs, and almost none in the nickel-based chemistries," Musk said. "On on a weighted-average basis we might use 2% cobalt compared to say, Apple's 100% cobalt. Anyway, so it's just really not a factor."
Some cobalt mined in places like the Democratic Republic of the Congo has been linked to human rights abuses such as child labor. In 2019, Apple, in addition to Tesla and other major technology companies, was named as defendants in a human rights lawsuit, according to The Guardian.
In a conflict minerals report published earlier this year, Apple said it publishes a list of all conflict minerals and cobalt smelters and refiners, and all of Apple's cobalt suppliers participated in audits in 2020. An Apple representative didn't return a request for comment.
Later in the call, Musk made a crack about Apple's so-called "walled garden," which is named because Apple strictly controls what software can be installed on the iPhone through its App Store. Apple's walled garden is facing scrutiny from lawmakers and other companies, including in an antitrust trial that took place earlier this year after it was sued by Epic Games over App Store fees and policies.
"I think we do want to emphasize that our goal is to support the advent of sustainable energy," Musk said in response to a question about letting competitors use its charger network. "It is not to create a walled garden and use that to bludgeon our competitors which is used by some companies."
Musk then faked a cough and said, "Apple."
During the call, Musk said he likely would not appear on future Tesla earnings calls unless he has "something really important" that he needs to say.
View post:
Elon Musk snipes at Apple twice on Tesla earnings call - CNBC
Posted in Elon Musk
Comments Off on Elon Musk snipes at Apple twice on Tesla earnings call – CNBC
Elon Musk, father of 7, warns of population collapse – Mint
Posted: at 1:22 pm
Tesla CEO Elon Musk has yet again said that population collapse is potentially the greatest risk to the future of civilization.
The 50-year-old billionaire shared his concerns, citing The Wall Street Journal report, "US population growth, an economic driver, grinds to a halt".
This month only, on July 14, Musk had posted a similar opinion on Twitter criticizing the rising global population.
Musk, who is a father of seven kids, responded to a tweet which said, "Population collapse could be upon us, but we appreciate that you good sir are still making tangible efforts to stave it off," the tweet read and was accompanied by a photo of Musk with his son.
Musk, in response, "Im trying to set a good example! Population collapse is a much bigger problem than people realize and thats just for Earth. Mars has a great need for people, seeing as the population is currently zero. Humans are the custodians of other life on Earth. Let us bring life to Mars!" he wrote on the microblogging site.
The SpaceX founder wants to send humans this decade, saying in an interview last year that he was confident a crewed mission could take place in 2026.
However, many scientists and social activists have criticised Musks plans and his approach of send it to space.
Activista, a creative agency based out of Los Angeles, had placed a billboard outside SpaceXs California headquarters that read Mars Sucks" before Earth Day 2021, implying that Musk could do more to save the Earth than trying to colonise Mars.
Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.
Never miss a story! Stay connected and informed with Mint. Download our App Now!!
Read the rest here:
Posted in Elon Musk
Comments Off on Elon Musk, father of 7, warns of population collapse – Mint