Fuel tech 600

Dan Nuñez pulls up a video feed on his computer. “Can you see that?” he asks, pointing to some rolling, foggy hills in rural Oregon. The footage was captured seven minutes before Nuñez opened up his browser. Barely perceptible on the screen is a rising plume of smoke. “I would not have caught that,” Nuñez said after hitting replay. “But the AI does.” The artificial intelligence Nuñez is referring to comes from Pano AI, a California startup that makes high-definition cameras to detect, track and manage flames. As the manager of wildfire planning and analytics at Portland General Electric, Nuñez is responsible for doing everything possible, as early as possible, to find and put out fires. A cottage industry in fire detection technology has taken root, especially in the western US, as fires have become more frequent, larger and financially ruinous. PGE so far has installed five Pano cameras, with plans to add 17 more across Oregon this summer. The hardware offers minute-by-minute … [Read more...] about Tech companies want more eyes in the sky for wildfire season

The tech layoffs keep coming. On Thursday, Netflix laid off an additional 300 employees , or about 3% of its staff. The company had previously laid off 150 employees in May. advertisement advertisement “Today we sadly let go of around 300 employees. While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in line with our slower revenue growth,” a Netflix spokesperson told Fast Company in a statement. “We are so grateful for everything they have done for Netflix and are working hard to support them through this difficult transition.” This announcement is part of a recent spike in tech layoffs. More than 16,000 tech employees lost their jobs in May while over 7,000 have been affected so far this June. Founder and CEO of MasterClass David Rogier announced that the company had laid off 20% of its staff—or about 120 employees—to “adapt to the worsening macro environment.” … [Read more...] about Tech layoffs continue—this time at Netflix and MasterClass

"Finance," sighed Mailchimp co-founder and CEO Ben Chestnut Friday at the Inc. Founders House in Austin. "I used to call it 'doing Quickbooks.' Now it's finance ." Chestnut was, in his inimitable way, reflecting on the long, improbable journey that has made his email marketing business what it is today: a company started more or less by accident that notched $600 million in revenue last year, has hundreds of employees and millions of customers, and adds something like 14,000 new customers each day. (It was named Inc.'s Company of the Year in 2017.) It was not always this way. In the early days, he recalled, he'd eagerly relate company news to his wife when she got off her shift as a nurse: "I'd say, 'We got two new customers today! Two!'" While onstage at the Founders House--the inaugural event of the Founders Project , an initiative pairing prominent mentors with early-stage entrepreneurs--Chestnut said the word "customers" a lot. He clearly believes in … [Read more...] about How Ben Chestnut Made Mailchimp Into a $600 Million Juggernaut

A number of tech and media companies are responding to the Supreme Court’s decision to overturn Roe v. Wade by offering to pay the travel expenses of employees who will now have to travel to access reproductive health services in other states. advertisement advertisement At least 13 states are expected to begin enforcing “trigger laws” —abortion-banning laws passed in anticipation of a SCOTUS reversal of Roe— in as few as 30 days. Following the Court’s decision, Silicon Valley firms, including Meta, Uber, and Duolingo, announced or reaffirmed policies supporting employees seeking abortion services. “This ruling puts women’s health in jeopardy, denies them their human rights, and threatens to dismantle the progress we’ve made toward gender equality in the workplace since Roe, ” said Yelp cofounder and CEO Jeremy Stoppelman in a statement sent to Fast Company on Friday . “Business leaders must step up to support the health and safety of … [Read more...] about These tech companies are pledging to pay for abortion travel

Share to Twitter Share to Linkedin The never ending reverberating sound of diverse tech talent pipeline issues has finally met its match. Edlyft , the digital platform of study tools and online cohort-based support of the most sought-after student tech talent, is taking the $100 million diversity and inclusion tech market by storm. The company’s Co-Founders Erika Hairston and Arnelle Ansong are disrupting the industry by being the first place companies go to find, engage, and hire diverse technical early talent. ​​​​ The Breakdown You Need To Know: The tech industry has been exclusive and severely lacking in diversity. In order to effectively tackle this issue head on Edlyft has raised millions of dollars in venture capital funding. Some of the inventors include Kleiner Perkins, Village Global, Concrete Rose Capital, and notable angels like Jeff Weiner, as CultureBanx noted during its “ Igniting Cultural Capital ” session with UBS. … [Read more...] about Edlyft Takes Aim At The $100 Million Diversity And Inclusion Tech Market

HCL Tech: HCL Tech to acquire Bengaluru-based Quest Informatics for Rs 15 cr cash. HCL Technologies (HCL), announced it will acquire Bengaluru-based Quest Informatics (Quest), an aftermarket, Industry 4.0 and IoT company, in an all-cash deal worth Rs 15 crore. The company founded in 2000, had revenue of Rs 13.6 crore for FY21. It has come down from Rs 18.6 crore reported in FY20. HCL Technologies also adopts Intelligent Data Migration Platform from Syniti. Pact to provide customers with improved data management strategy and higher quality data. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Indian IT services company HCL Technologies on Friday announced the opening of its new delivery centre in Vancouver, Canada. The centre will "significantly" expand the company's presence in the country to serve clients primarily in the hi-tech … [Read more...] about HCL Tech opens new global delivery centre in Vancouver

Tata Steel Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Tata Steel Mining has completed the acquisition of remaining 10 per cent equity stake in Rohit Ferro-Tech (RFT) for Rs 20 crore, according to a company statement. On April 12, Tata Steel said its subsidiary Tata Steel Mining Ltd (TSML) has completed the acquisition of 90 per cent stake in RFT in accordance with the approved resolution plan under Insolvency and Bankruptcy Code 2016. The investment from TSML in RFT was made through a combination of equity of Rs 10 crore and inter-corporate loan of Rs 607.12 crore, the company had said. In a regulatory filing on Thursday, the steel giant said the acquisition of 10 per cent equity stake held by the Financial Creditors (FCs) in RFT was completed on June 22, 2022 for approximately Rs 20.06 crore. In a bid to augment its … [Read more...] about Tata Steel Mining completes 100% acquisition of Rohit Ferro-Tech

Share to Twitter Share to Linkedin Growing demand for business and engineering talent in Australia, India and Singapore is giving a boost to executive search services in the Asia-Pacific as the impact of Covid in the region largely wanes, long-time industry executive and Boyden board member William Farrell said in an interview on Tuesday. “There’s been a lot of strength in the first half,” said Farrell, a managing partner for Taiwan and South Korea who represents the APAC region on the company’s board. “It’s a very good year,” particularly in Southeast Asia markets, he said. Boyden has 75 offices in more than 45 countries; Farrell, an American expatriate, has lived in Asia since 1987 and joined Boyden in 1993. Search companies are benefitting from a shift in multinational strategies away from setting up one large regional hub for their regional operations toward the creation of a larger number of smaller hubs that lower the risks of disruption in any one … [Read more...] about Australia, India, Singapore Help Fuel Executive Search Gains In Asia-Pacific As Covid Impact Wanes

Share to Twitter Share to Linkedin The coronavirus pandemic, war in Ukraine, runaway inflation and climate change are fueling a global food security crisis. The numbers tell an alarming story. The Food and Agriculture Organization of the United Nations and World Food Programme estimate that 49 million people are facing starvation. The Consumer Price Index is recording the greatest increase in U.S. food prices since 1979; the cost of sunflower and palm oil has doubled ; and wheat and maize cost twice as much as they did a few months ago. Against this backdrop, the World Bank projects that global supplies of wheat will decline in 2022-23, and in the United States, winter wheat production is down by 8 percent . And to top it off, over 20 million tons of grain are trapped in Ukraine’s silos. “If you think we’ve got hell on earth now, you just get ready,” the executive director of the World Food Programme David Beasley warned recently. … [Read more...] about Covid, Conflict And Climate Are Fueling A Global Food Crisis – Leaders Must Act Fast

- A + A MOSCOW (June 22): Russia is increasing gasoline and naphtha supplies to Africa and the Middle East as it struggles to sell fuel in Europe, while Asia is already taking bigger volumes of Russian crude, Refinitiv Eikon data showed and sources said. The development is likely to increase competition for Asian customers between Russia and other big fuel exporters – Saudi Arabia and the United States – which are the top three suppliers to Asia. The European Union has slowly reduced imports of Russian crude and fuel since March and agreed a full embargo that will take effect by end-2022. Asian buyers have stepped in to rapidly increase purchases of Russian crude, even though Asia is not a natural market for Russian fuel because Asia refines more oil than it needs and is a net fuel exporter. That makes finding new outlets such as Africa and the Middle East paramount for Russia to protect its global market share and avert a deeper decline in oil exports and … [Read more...] about Russia seeks new fuel markets in Africa, Middle East as Europe turns away