Connect with us

Tech News

5 Business Tech News you don’t want to miss!

Published

on

A few important things happened last week which will have a direct impact on the online businesses and the new smart start-ups. One cannot afford to miss them if they are running an online setup of their own or are utilizing the potential of remote working to win their bread.  We are going to discuss the five major business tech news that happened last week and is expected to have a direct impact on online businesses. So, if you missed them before, here they are:

1.     Amazon is competing against Google in search marketing advertising share:

A recent analysis by eMarketer has shown that Amazon’s search Ad revenues are expected to grow exponentially in the next two years. However, Google Ads revenue will be greatly affected by the growth in Amazon’s search ads revenue. According to eMarketers, by the end of 2019 Google will retain 73% of the search market share. Consequently, Google’s share is expected to drop to 70.3% whereas that of Amazon is expected to grow from 12.9% to 15.9% by the end of 2021. Amazon’s ad business is growing faster than it was expected. Search ads on Amazon are taking over Google Search Ads at a very fast pace.

2.     Video Conferencing tool Zoom introduced AI-powered features:

Zoom – a videoconferencing platform has introduced around 300 new exciting features on the occasion of their annual conference. These features had extensive incorporation of AI within them. Some of them include AI-powered notes taking feature, generating transcripts, AI-driven facial recognition of the meeting attendee, VR based background setting capabilities, etc. Several shortcuts were also introduced for salesforce users for easy phone call logging and their tracking. These AI-driven features are going to make Zoom a must-have video conferencing tool for the businesses.

However, in order to enjoy Zoom at its best one must need a high-speed and reliable connection. Spectrum Deals are quite thesavior and can help you find a reliable and pocket-friendly package so that you never miss a meeting or conference. These news pieces and fresh developments in the industry are going to have a great impact on the businesses which they might not be expected earlier.

3.     Google has introduced two new ways to access the target users in Google Search:

In the next few weeks, Google Ads is expected to introduce two new ways to access the target audience to search on the platform. Google is now enabling advertisers to reach the target audience through “Affinity Audience”. Affinity audience’s mechanism will help the advertisers to assist the already visited audience to a particular platform where their needs can be catered. It also raises product/service awareness among them.

The second new feature Google Ads is throwing for advertisers is the all-new seasonal event feature for in-market audiences.

4.     Robotics construction start-up Toggle raised $3M seed Fund:

Toggle – a Brooklyn based start-up recently announced that they raised $3 Million by seed funding. They plan to invest this money to improve the technology developed by the company. The company comprises of 15 people that are dedicated to developing robotics which is specially assembled to fabricate rebar (short of reinforcing bar). They have already introduced several of their Projects in New York and are planning to hire more professionals to boost the commercial production of the hardware and software. 

5.     Meetup is going to charge $2 for RSVPs, event invitations, etc.:

Meetup is an online platform, facilitating millions of people to find events that interest them and also give them a chance to meet new people with similar hobbies and interests. They announced last week that they are going to implement a new payment model, according to which the users will be charged when they RSVP to any event they want to attend.

Until now Meetup was only charging the organizers of the events. Organizers were charged $9.99 to $23.99 to organize three groups which can contain unlimited participants. However, now they are trying this new model where the organizer will save $2 of the previously charged fee instead each member RSVP-ing to the event will pay $2.

Continue Reading
Comments

Tech News

Standards & Digital Transformation – Good Governance in a Digital Age

Published

on

In celebration of World Standards Day 2021, celebrated on 14 October every year, the United Nations Industrial Development Organization (UNIDO) is pleased to announce the launch of a brochure, “Standards and Digital Transformation: Good Governance in the Digital Age”.

In the spirit of this year’s World Standards Day theme “Shared Vision for a Better World”, the brochure provides insights into the key drivers of the digital transformation and its implications for sustainable development, particularly people, prosperity and planet. Noting the rapid pace of change of the digital transformation, with the COVID-19 pandemic serving as an unanticipated accelerator, the brochure highlights the role of standards in digital transformation governance. It further considers the principles necessary for guiding the collaborative development of standards in the digital technology landscape to ensure that the technologies remain human-centered and aligned to the goals of sustainability.

This year’s World Standards Day theme highlights the Sustainable Development Goals (SDGs) representing a shared vision for peace and prosperity, for people and planet. Every SDG is a call for action, but we can only get there if we work together, and international standards offer practical solutions we can all stand behind.

This brochure is a summary of a publication set to be released in November 2021.

Download it here.

Continue Reading

Tech News

AutoFlight presents V1500M – an autonomous passenger eVTOL aircraft

Published

on

Shaping the future of urban air mobility: The tech company AutoFlight shows an autonomous passenger eVTOL aircraft: the V1500M. It will change the face of personal air transportation. AutoFlight debuted its autonomous fixed-wing passenger electric vertical take-off and landing aircraft (“eVTOL”) to the world at the China Airshow in Zhuhai.

With its sleek looks and innovative technology the V1500M doesn’t rely on runways and airports. It can vertically take-off and land anywhere anytime. Virtually any rooftop or flat surface becomes a vertiport. When it reaches a certain altitude, the power system turns on the dual prop pusher, so that V1500M is able to cruise at speeds of a fixed-wing airplane. And in low-altitude airspace, the all-electric design enables the aircraft to operate at a very low noise level. 

As the energy consumption in the fixed wing mode is much lower than in the multirotor mode the V1500M can fly much further than any pure multicoptor eVTOL.

Being able to fly without a pilot, the V1500M’s uses eight lifting motors to take off and land vertically like a multi-rotor aircraft, and fly as far as 250 km when carrying up to four passengers. At the moment, a safety pilot is still mandatory. Yet as technology advances and regulations become increasingly refined, that space can later be allocated to another passenger or extra luggage. 

“The V1500M is a milestone – not only for AutoFlight but also for the global development of the urban air mobility“, so Tian Yu, founder and CEO of AutoFlight. “Our company is committed to developing safe and reliable passenger eVTOL aircraft and helping to create a better mobility future.”

In terms of safety, AutoFlight with its rich experience in aircraft design, manufacturing and its dedication to make reliable flying cars, following aviation industry’s standards. The lifting rotor’s and prop pusher’s redundant power system guarantees that the aircraft could hover safely when two of the rotors malfunction. In case of one propeller failure, the other still ensures safe flight and landing. The V1500M also has an whole-aircraft parachute, which is designed to act as the last line of safety to protect passengers so they enjoy safe flying.

V1500M will accomplish its first flight in the near future. The goal is to certify the aircraft with the aviation authorities by 2024.

Tian Yu: “AutoFlight will keep contributing to the eVTOL industry. Through building safe, efficient, systematic R&D and AC processes, leveraging domestic and international resources and establishing partnerships across industries, AutoFlight strives to accelerate the practical implementation of eVTOLs in commercial applications and lead us into a better future with UAM.”  

With its tradition and the experience, AutoFlight aims to create cost-effective, safe, and reliable eVTOL

AutoFlight is one of the earliest tech companies in China to start making autonomous eVTOL, including large payload logistic and autonomous unmanned aerial vehicles (UAVs). Logistic UAVs were introduced first. They have now accumulated over 10,000 hours of flight time and been tested in all kinds of extreme conditions.

AutoFlight owns proprietary intellectual property rights in key technologies such as flight control systems, electrical systems or other core components. They have obtained over 200 domestic and international patents for its self-developed modules including highly efficient electric motors, electronic control systems, and durable lightweight carbon-fiber composite materials. 

“Following our cargo-to-passenger-strategy we go ahead step-by-step but very straight forward“, says Tian Yu. 

V1500M’s Key Specifications
Aircraft length10.3 m
Wingspan12.8 m
Fuselage height3.1 m
Maximum take-off weight (MTOW)1500 kg
Typical seating 3 – 4 
Cruise speed200 km/h
Flight range (fully seated)250 km

About AutoFlight

AutoFlight is a global high-tech startup, born in China, specializing in developing and manufacturing autonomous aerial vehicles. AutoFlight’s mission is to provide safe and reliable aerial logistic systems and urban air mobility solutions for human society. By leveraging new technologies in aviation, new material, artificial intelligence, autonomous driving, and 5G, AutoFlight actively drives development in eVTOL (electric Vertical Takeoff and Landing) industry.

Continue Reading

Tech News

Critical Decarbonization Technologies Need at Least “10x” Investment

Published

on

Breakthrough technologies such as hydrogen-based fuels, bioenergy and carbon-capture storage solutions are needed to hit the global goal of zero emissions by 2050.

To scale these technologies and take them to market, at least a tenfold increase in investment is needed, according to the How to Finance Industry Net-Zero report.

Released by the World Economic Forum and Oliver Wyman, the report outlines how to address the supply-and-demand-side gap and take these technologies to the next level.

Part of the Forum’s Financing the Transition to a Net-Zero Future Initiative, the report brings together input from over 50 financial institutions and the public sector. Their focus is on how to steer capital to breakthrough technologies and drive a more sustainable future.

Key findings:

· The innovative blending of capital supported by an enabling ecosystem is needed, where different sources of public and private capital are brought together in technology-specific financing blueprints. To do this effectively, mechanisms that activate collaboration among multiple stakeholders are necessary.

· Transformative business models are essential, where industry participants and capital providers work together to establish new contracts and ways of doing business to increase the probability of commercial success.

· Targeted public intervention is critical, focused on the design of incentive schemes rewarding early movers adopting innovative technological solutions and de-risking schemes to mitigate investment risks unique to these innovative solutions.

The challenge ahead is significant, but not insurmountable,” said Derek Baraldi, Head of Sustainable Finance and Investing, at the World Economic Forum. “If executed thoughtfully, the mobilization of finance to breakthrough technologies presents a tremendous investment opportunity. This study found that there is a real appetite from industry for thoughtful partnership and collaboration between private and public capital providers.”

“Organisations have announced ambitious pledges to finance the transition to net-zero but the progress made to date is not enough,” added Ted Moynihan, Managing Partner and Global Head of Industries, Oliver Wyman. “There is a huge gap in financing of early-stage decarbonization technologies, which will be absolutely critical to achieving our targets from 2030 to 2050. With more research breakthroughs coming, we are now in a vital moment to accelerate the mobilization of capital towards decarbonization technologies in hard-to-abate industries.”

By proposing an initial set of financing approaches and de-risking solutions, the report seeks to initiate an important discussion on how to rapidly accelerate the deployment of capital towards breakthrough technologies.

The report launched at the Mission Possible Partnership event Supercharging Industrial Decarbonisation. It brought together public and private sectors from shipping, aviation, and steel. The Mission Possible Partnership will share learnings across these critical industrial sectors and present sector-specific blueprints for industrial decarbonisation.

Continue Reading

Publications

Latest

Intelligence1 hour ago

Women Maoists (Naxalbari)

Every now and then, Indian newspapers flash news about Maoist insurgents, including women being killed. They usually avoid mentioning how...

forest forest
Environment3 hours ago

Greenpeace Africa reacts to DRC President’s decision to suspend illegal logging concessions

The President of the Democratic Republic of Congo (DRC), Félix Tshisekedi, ordered on Friday, October 15th, the suspension of all...

Reports5 hours ago

Are we on track to meet the SDG9 industry-related targets by 2030?

A new report published by the United Nations Industrial Development Organization (UNIDO), Statistical Indicators of Inclusive and Sustainable Industrialization, looks...

New Social Compact7 hours ago

Eurasian Forum: Empowering Women in the Changing World

Women play an increasingly important role in resolving issues that society and the state encounter and in the modern world,...

Americas9 hours ago

The U.S. Might Finally Be Ready to Back Down, to Avoid WW III

Recently, tensions have been rising between, on the one hand, America, and on the other, both Russia and China. A...

Americas11 hours ago

How The West Subdue Us: An Approach of Colonial and Development Discourse

Talking about development and colonial discourse, I am reminded the story of John Perkins in his book “Confessions of an...

Diplomacy13 hours ago

Formation of the Political West -from the 18th century till today

The 18th – a century of change In 1776 the American colonists threw off the British yoke and many people...

Trending