ACN Newswire
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SMEStreet and World University of Leadership & Management Join Hands for Bringing Academia and Industry Closer

indie
3 minutes

New Delhi/Dubai, Nov 17, 2022 - (ACN Newswire via SEAPRWire.com) - In order to elevate the relationship between academia and industry, SMEStreet Foundation and the World University of Leadership & Management, France have collaborated. This collaboration is expected to highlight Indian entrepreneurial and social leaders so that their professional experience can become a benchmark at a global level. India's success story is becoming stronger and stronger at the global level. The importance of Indian-origin entrepreneurs and professionals have become visible at almost every level. On such backdrop, MSMEs and Startups from India are also becoming well-acknowledged globally. "With this collaboration, we aim to provide a credible global platform for India's entrepreneurial and professional leadership." We will work closely with the World University of Leadership & Management (WULM) for providing success stories which possess the potential of motivating their peers in their respective professional fields. Whether business leaders, entrepreneurs, social entrepreneurs or professionals, India is producing great potential that can make it's impact at a global level. "We at SMEStreet a...

JCN Newswire
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Yokogawa and DOCOMO Successfully Conduct Test of Remote Control Technology Using 5G, Cloud, and AI

ruth
6 minutes

TOKYO, May 30, 2022 - (JCN Newswire via SEAPRWire.com) - Yokogawa Electric Corporation (TOKYO: 6841) and NTT DOCOMO, INC. (DOCOMO) announced today that they have conducted a proof-of-concept test (PoC) of a remote control technology for industrial processing. The PoC test involved the use of an autonomous control AI, the Factorial Kernel Dynamic Policy Programming (FKDPP) algorithm(1) developed by Yokogawa and the Nara Institute of Science and Technology, in a cloud environment and a fifth-generation (5G) mobile communications network provided by DOCOMO. The test, which successfully controlled a simulated plant processing operation, demonstrated that 5G is suitable for the remote control of actual plant processes.PoC overviewEnvisioned future application of 5G, cloud, and AI for industrial autonomyThe trend to locate production facilities in remote and/or hazardous areas in recent years is fueling a growing demand for remote industrial operations and transforming how people work. Meanwhile, equipment used in plants to purify and refine resources and materials for essential products can deteriorate after many years of use, so remote, autonomous regulation and control would be hugely...

SeaPRwire

Bitcoin sinks further as analysts point at looming technical breakdown

elean
4 minutes

NEW YORK (BLOOMBERG) - Bitcoin slumped to a two-week low, with analysts pointing to a technical breakdown as well as the recovery of Colonial Pipeline's ransom as evidence that crypto is not beyond government control. The largest token tumbled as much as 9.9 per cent to US$31,036 (S$41,092), though it recouped some of those losses to trade around US$32,363 as of 2.31pm in New York. The Bloomberg Galaxy Crypto Index fell as much as 15 per cent before also paring losses by mid-afternoon. Altcoins such as Ether, Litecoin and EOS also dropped. "Bitcoin can't get a break," said Mr Antoni Trenchev, managing partner and co-founder of Nexo, a crypto lender. "Big picture, what we're experiencing here is a tedious, drawn out regulatory overhang which will continue to weigh on the Bitcoin price. Ultimately it's good for the industry - and crypto needs the right sort of regulation - but for short-termists out there, it's probably best to look away." The US recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial last month in a sign that law enforcement is capable of pursuing online criminals even when they operate outside the nation's borders. The FBI w...

JCN Newswire
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Woven Planet Holdings, a Subsidiary of Toyota, Announces Acquisition of Lyft’s Level 5 Division to Accelerate Software Innovation for Automated Driving Mobility

ruth
5 minutes

TOKYO, Apr 27, 2021 - (JCN Newswire via SEAPRWire.com) - Woven Planet Holdings, Inc. ("Woven Planet"), a subsidiary of Toyota Motor Corporation, has agreed to acquire Level 5, the self-driving division of Lyft, Inc. one of the largest ride-hailing companies in the world. This marks the first major deal for the newly established Woven Planet.The deal will bring together world-class scientists and software engineers from Level 5, Woven Planet, and researchers from Toyota Research Institute, Inc. ("TRI") already working together with Woven Planet. The resulting combined "dream team" of approximately 1,200 will represent one of the most diverse, well-resourced and talented groups in this field.Today's announcement places Woven Planet at the center of the connected and automated driving movement by providingTalentan international team of top-tier engineers, research scientists, and domain experts in mobility services.Technologya robust set of sensing, computing, and software assets, and strategic capabilities in automated driving systems.International Footprintonce the acquisition is complete, Woven Planet will have an expanded footprint beyond its Tokyo headquarters, with offices and e...

SeaPRwire
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Jobless claims dip in US, but recovery yet to take hold

elean
4 minutes

WASHINGTON • Fewer Americans sought unemployment benefits last week, but the modest drop did little to dispel concerns that the US job market and wider economy face an arduous recovery from the devastation inflicted by the coronavirus pandemic last year. The final major economic data point for last year, which saw a recession of historic magnitude erupt out of nowhere, stood as a fitting reminder for both how far the recovery has progressed and how much more it has to go. While new claims for benefits reported by the US Labour Department on Thursday dropped for the second week in a row to a seasonally adjusted 787,000 in the week ended Dec 26, from 806,000 a week before, it left them at roughly the level they were three months ago and with little indication they would show material improvement any time soon. The arrival of effective Covid-19 vaccines and additional federal pandemic aid have set the stage for a brighter 2021. But economists agree that the still-raging epidemic and the fractured government response to it mean more hard months ahead before improvement takes hold. "While prospects for the economy later in 2021 are upbeat, the economy and labour market will have to navi...

SeaPRwire
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South Korean Edtech company Probo launches Probo Connect robotics curriculum in South East Asia

pandora
4 minutes

Korean company Probo's robotic educational products help children learn the science behind robots with fun activities. Seoul, Korea - Learning with robotics can foster children's minds, bring creative thinking, and introduce them to the world of maths and science. Probo is a South Korea based edtech company, founded to help children break away from simple and general robot textbooks and offer robot education with more new, powerful, and high-quality, interesting content. Probo is a compound word for Professional and Robot. The company was founded in 2011 and started as a dedicated educational robot manufacturer and developed robots with coding functions. Probo provides various robot making kits, coding learning tools, robot parts, sensors, and organizes coding competitions. The company has developed, designed, and upgraded its various robotic educational products since its first product launch in 2012. Its products consist of different levels and modules as per different age groups. Besides South Korea, the company sells its products in China, Vietnam, Australia, and other countries. Probo organizes a Robot Championship annually attended by more than 800 participants. Using Probo, ...