Lifeboat Foundation

Multiple vulnerabilities have been disclosed in Hitachi Vantara’s Pentaho Business Analytics software.

This company’s entry in the US; market; along with other aluminum giants is said to have caused the shutdown of a large number of Aluminum manufacturers based in the US. It seemed that local US companies were unable to compete with state backed companies which were taking advantage of the free trade agreement.

However, the trade tariffs along with recent events have in turn caused this firm to become insolvent. It’s founder is now being detained by the US under fraud charges.

Continue reading “China: Corporate debt crisis spreads/Zhongwang: suspended in stock market & fraud conviction in U.S.” »

Across all sectors, organizations are grappling with rapid transformation. On top of that, there are enormous global shifts and challenges to contend with, such as climate change, and shifting political and economic power. To put it bluntly, our world is changing fast. And organizations must learn to adapt accordingly.

These eight major trends provide a snapshot of how business operations are evolving to suit our rapidly changing world.

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This rolling sheet of solar panels may not look like much, but it could help spark a solar power revolution in the railroad industry.

The creators of the solar-powered locomotive of the future were aiming to set a Guinness record for speed last weekend, and that is more than just your ordinary attention-getting stunt. Demonstrating the functionality of PV panels on rail cars could help set the stage for solar power to knock diesel fuel out of the railroad business. No word yet on the official results, but solar is beginning to wiggle its way into a field dominated by fossil fuel.

The Solar Train Of The Future Hits The Tracks, With Only Solar Power

Continue reading “Diesel-Killing Locomotive Of The Future Runs On Solar Power” »

The new world of work is also about a new kind of teamwork: humans and AI working together to achieve more than they can accomplish on their own. Regardless of its recent progress, AI is still not accurate enough to meet the enterprise-level requirements of speech-to-text in many industries. “If technology gives me 90% accuracy, humans can deal with the last mile. Human-in-the-loop is core to our product,” explains Livne. In addition to developing the required technology, Ver… See more.

Verbit is a very successful startup. The 4-year-old developer of an AI-powered transcription and captioning platform has reached unicorn status in June, raising $157 million at a valuation of over $1 billion, for a total of $319 million raised to date. It has 2,600 customers, 450 employees, and will reach $100 million in revenues by the end of the year. According to co-founder and CEO Tom Livne, Veribit enjoys Net Revenue Retention (the rate of revenue generation from existing customers) of 163%. “Our customers are growing with us,” says Livne.

This impressive performance is the result of executing on a well thought-out framework for what it will take to succeed in the future, no matter what business you are in and the market you are serving. Verbit’s technology foundation, its global community of freelancers, and its mass customization strategy are the three features of Verbit’s future of work model, the very model of a 21 st century company.

As tech titans invest in the quest to extend our lives, Anjana Ahuja asks if longer lifespans are at last possible — and at what cost.

News, analysis and comment from the Financial Times, the worldʼs leading global business publication.

So would the private station be a viable replacement for the ISS? The ageing station, which is a partnership between the US, Russia and other nations, is only funded until 2,024 with a 2028 extension looking probable, but it cannot last forever.

Blue Origin says its space station will be fully operational in the late 2020s, but deadline slippage is common when it comes to huge space-related projects like this one. “They can dream of being fully operational in the late 2020s, but in the space sector they often aim for aspirational targets and if they miss it by a year or two or three then they at least have something they’re aiming for until then,” says space analyst Laura Forczyk. “It’s almost inevitable that things take longer and are more expensive than planned.”

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Continue reading “Can Blue Origin help replace the International Space Station?” »

The final humorous argument I have is if one example is really a robot. Aylett and Vargas describe a “robot” as a humanoid machine that doesn’t manipulate anything. It just provides information at a shopping center. How does that fit into their own definition of a robot? It sounds more like an overgrown tablet computer with wheels. However, that’s a fun argument having nothing to do with the business value of whatever you want to call it.

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This is a review of the third book sent to me recently by MIT Press, and the book is the best of the bunch. “Living With Robots,” by Ruth Aylett and Patricia A. Vargas is a good, non-technical book that discusses a number of issues with robots in human society. This is excellent for both business managers and those more generally interested in both the promise and reality of robots in society.

Continue reading “‘Living With Robots’ — An Excellent Non-Technical Overview Of Robotics” »

Facebook’s response, however, isn’t about how it should change its business model. Instead of any degree of self-awareness, the company has decided it’s going to push back on its critics and try to change the subject. Facebook isn’t actually trying to change any of the things that are wrong with Facebook.

Zuckerberg did talk a lot about the metaverse and said he plans to give more details later this week at Connect, the company’s developer conference.

To be fair, Zuckerberg did say that the company is “on track to spend more than $5 billion on safety and security in 2021.” That might sound impressive, but considering the company made $115 billion in the last 12 months, it’s barely anything. It’s only half of what Facebook says it plans to spend on building the metaverse.