Technology

A sign marks the headquarters of the coronavirus disease (COVID-19) vaccine maker Moderna in Cambridge, Massachusetts, U.S., April 28, 2022. REUTERS FILE PHOTO Moderna Inc has refused to hand over to China the core intellectual property behind the development of its COVID-19 vaccine, leading to a collapse in negotiations on its sale there, the Financial Times reported on Saturday, citing people familiar with the matter. The Cambridge, Massachusetts-based pharmaceutical company turned down China’s request to hand over the recipe for its mRNA vaccine because of commercial and safety concerns, the newspaper said, citing people involved in negotiations that took place between 2020 and 2021, adding that the vaccine maker is still “eager” to sell the product to China. The company had “given up” on its previous efforts to access the Chinese market because of China’s demand that it hand over the technology as a prerequisite for selling in the country, the report said. Moderna did not … [Read more...] about Moderna refused China request to reveal vaccine technology–FT

Share to Twitter Share to Linkedin Jeri Frank is the cofounder & CEO of STRATAFOLIO , a software solution for companies that own and manage real estate with NNN leases. The commercial real estate industry has been notoriously slow to adopt technology. While most industries have recognized the need, I see many commercial real estate companies that still do business the old way. Some people believe there’s little reason to change. After all, if they’ve been successful for many years without digitizing their operations or trying the latest technologies. What these companies don’t realize is that their failure to embrace innovation can lead to inefficiencies that could prove harmful in the long run. Longstanding companies might be unable to compete with the real estate startups that are embracing and pioneering new technologies. Right now, there’s no time to waste. To stay competitive, real estate businesses must adopt new strategies and practices. … [Read more...] about Why Technology Adoption Is Necessary In Commercial Real Estate

- A + A (Oct 4): The Biden administration plans to announce new restrictions on China’s access to U.S. semiconductor technology, according to people with knowledge of the situation, an escalation of Washington’s efforts to stifle Beijing’s industrial ambitions and a risk to growth for the $550 billion sector. The Commerce Department will roll out a package of rules this week to govern which semiconductor technologies can be exported to China, including codifying earlier guidance given to specific companies, said the people, who asked not to be identified as the information isn’t public. The White House and Commerce Department declined to comment. The US has been increasingly focused on limiting access to high-end semiconductor technology, and boosting its own domestic production capacity, as part of its broader strategic competition with the world’s second-biggest economy. The new measures, previously reported by the New York Times, are expected to include … [Read more...] about US to announce new limits on chip technology exports to China

The Indian Council for Cultural Relations (ICCR) on Thursday announced a collaboration with Google to promote Sanskrit. ICCR and Google had earlier signed a memorandum of understanding (MoU) to advance the tech giant's artificial intelligence (AI)/machine learning (ML) language technology for translating Sanskrit literature to many other languages and vice-versa. Google has received 100,000 sentence pairs from ICCR as part of the project's pilot phase in order to form its AI/ML models. The Sanskrit team from the University of Delhi, comprising academics, students and teachers, was led by professor Amarjiva Lochan. "The ICCR's mission is to help the global community understand Indian culture in all of its nuances and linguistic traditions. It was very natural for us to take this initiative, and I must say that the ICCR has been contributing to building a bridge with the global community through languages," ICCR President Vinay Sahasrabuddhe said. The ICCR expects that, by … [Read more...] about ICCR collaborates with Google for global promotion of Sanskrit

The Google Pixel 7 and Pixel 7 Pro are launching globally on October 6 alongside the Pixel Watch. Google has already confirmed several design aspects of the Pixel 7 series, while the two devices have been extensively leaked in the last couple of months. However, a recent leak by tipster Yogesh Brar appears to reveal the full specifications of the Pixel 7 and Pixel 7 Pro. Brar also noted that the pricing of the Pixel 7 series will be similar to that of the Pixel 6 series . And further revealing that the Pixel 7 series will be competitively priced in India. Pixel 7 and Pixel 7 Pro specsheet is out Matches the one I had shared last week Pricing is the same as Pixel 6 series India pricing will be competitive... pic.twitter.com/hk3Xln6IEg Close October 2, 2022 Pixel 7 Pro Expected Specifications First off is the Pixel 7 Pro, which will be powered by Google’s custom Tensor G2 SoC. The Pixel 7 Pro will feature 12GB of RAM and up to 256GB of … [Read more...] about Google Pixel 7, Pixel 7 Pro full specifications leaked ahead of October 6 launch

Share to Twitter Share to Linkedin Public company CEOs and CFOs are required to update investors quarterly on strategic plans, operational highlights and financial performance. However, too few employees set aside one hour every three months to learn about their employer’s competitive position and financial condition. CIOs can change that. By employing a few best practices, CIOs can easily transform quarterly earnings presentations into meaningful workplace learning opportunities—and at a cost that’s far less than curated, time-consuming training programs. Well-informed and more-engaged tech teams are better able to deliver business results, but gently encouraging them to attend those quarterly calls to hear about organizational vision, priorities and performance expectations rarely works. Setting a quarterly rhythm What tech leaders really need is a credible plan to demonstrate the importance of earnings presentations. CIOs should start by … [Read more...] about Here’s How CIOs Can Turn Earnings Calls Into High-ROI Tech Team Training

Share to Twitter Share to Linkedin Dreamers and visionaries launch companies and disrupt industries. Well-run, enduring businesses need execution, efficiency and resiliency. The personality types most apt to accomplish each are often polar opposites. Elon Musk seized headlines and re-ignited an old debate when he joined the long list of entrepreneurs questioning the value of the MBA . Since I am a business school professor, you may think that I would disagree. I do, but not for the expected reasons. Musk’s point holds for corporate culture, but collapses at the function level, especially IT. The problem with Corporate America is not the MBA, it’s entrenched functional expertise. Too many big company employees are specialists still stuck in status quo silos. Technology, not technologists, will drive the future of the business. That’s exactly why CIOs, in particular, need more MBAs on their teams. Competencies, not credentials Well-trained … [Read more...] about CIOs, Ignore Elon Musk. Here’s Why MBAs Are Invaluable To Your Teams.

Joe Kiani surmounted overwhelming personal and professional odds to build a better blood oxygen monitoring device. So why should he be afraid to push his scrappy company into consumer electronics, challenging firms 100 times its size? J oe Kiani had achieved the dream. Masimo Corp., which he founded and runs as CEO and chairman, had carved out a lucrative niche as one of the top makers of pulse oximeters, those fingertip sensors that hospitals use to measure oxygen saturation in patients’ blood. Masimo had made Kiani, who immigrated in poverty to the U.S. from Iran as a child, rich—a billionaire , by Forbes’ reckoning. As an electrical engineer, he took pride in the fact that devices he had personally designed were excellent, commanding a slightly bigger share of the U.S. hospital pulse oximeter market than its chief competitor, Nellcor, which is a unit of Medtronic, a company roughly 15 times Masimo’s size. Together the two companies account for about 90% of sales. It’s … [Read more...] about Meet The Iranian Immigrant Who Became A Covid MedTech Billionaire

Share to Twitter Share to Linkedin Litigation has long been a central legal practice pillar and profit center. The term is applied narrowly to describe disputes that invoke the judicial process and broadly to encompass any formal dispute resolution process involving legal rights. The broader definition entails internal and governmental investigations, arbitration, mediation, regulatory, administrative, and other extra-judicial proceedings. Lawyers have long regarded dispute resolution— like contract drafting and other self-proclaimed “legal” functions — as their birthright. It epitomized the lawyer-centric, artisanal, brute force, approach to disputes and the hubris of the profession’s “lawyers and ‘non-lawyers’” mindset. Litigation is protracted, arcane, opaque, inefficient, costly, and attorney-centric. In the commercial realm, it has served lawyers better than clients and society. The infographic (right) is a snapshot of the current … [Read more...] about Digital Litigation: Dispute Avoidance, Early-Detection, Accelerated Case Strategy, And Early-Resolution

- A + A KUALA LUMPUR (Oct 3): The FTSE Bursa Malaysia KLCI (FBM KLCI) snapped eight days of losses to end higher on Monday (Oct 3) on mild bargain-hunting activities, an analyst said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 2.99 points to end at 1,397.62 from last Friday's close of 1,394.63. The benchmark index opened 0.93 of a point easier at 1,393.7 and moved between 1,384.82 and 1,401.82 throughout the day. Market breadth, however, remained negative with losers leading gainers 530 to 285, while 383 counters remained unchanged, 1,155 untraded, and 31 others suspended. Total turnover decreased to 1.79 billion units worth RM1.45 billion from 2.08 billion units worth RM1.91 billion last Friday. "Still, gains are kept in check amid ongoing concerns over the rising inflationary pressure and tightening of monetary policy," Malacca Securities Sdn Bhd senior analyst Kenneth Leong told Bernama . Moving forward, investors would be looking out for … [Read more...] about KLCI snaps eight-day losing streak, broader market stays negative