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The Hyperloop Technology Market is expected to witness sustained growth over the forecast period (2019-2023). The growth of the Hyperloop Technology market is driven as there is favourable growth in the industry is a major factor which will boost the Hyperloop Technology market.
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The Future of Transportation – by Sabina Muntean
As a sort of follow up to my previous post about languages and how in the future we might be able to quickly travel to different countries, I started thinking about what the future of transportation might actually be, and what this will mean for those of us who like to travel. We already know about hyperloops being built, but will we ever get into the science fiction realm of teleportation? Is it even possible, or is it just that – fiction?
To start, let’s briefly look at the history of transportation, at least in the United States. In the 19th century, trains and steamboats were the most common mode of transportation. Whether it was people or products, trains were the way to go. Then Henry Ford came along and built the first American automobile. (Fun fact: if you go to the Larz Anderson Auto Museum in Brookline, you’ll learn that the first car was actually electric…interesting to see how far we’ve come, no?) Then there were helicopters, airplanes, rocket ships, and probably a myriad of other ways to travel.
So, what’s the most advanced type of travel we have available to us today? Setting aside rockets and Elon Musk’s SpaceX technology, it would probably be the bullet trains in Europe and Asia. In the very least, they are certainly the fastest way to travel on land at the moment. Now, there is considerable discussion regarding Mexico, which has plans to develop a hyperloop to allow people to go from Mexico City, all the way to Guadalajara. This trip would normally take about six hours. The hyperloop is rumored to bridge that distance in under an hour. The idea is that by 2020, most people would be able to use the hyperloop. If you ask me, that seems overly ambitious, and rather dangerous. Going 600 miles per hour in something which you have no way of controlling seems like a suicide mission.
You may be wondering where they hyperloop idea even came from. No surprise: Elon Musk. I watched a video that explains how the hyperloop works, and honestly, it was a bit much. Basically, the hyperloop would entail people sitting in a steel pod, travelling through a partial vacuum in a tube. The idea is that there would be much less friction and air resistance, thereby enabling the pods to travel at super high speeds.
The Economist predicts three things in the years to come: autonomous cars by the early 2020s, hyperloops by the 2030s, and a combination of the two by 2040. In order for all these things to come to fruition, there needs to be much more safety in the privacy of data. Imaging travelling in a driverless car – not a care in the world – when some genius hacker sneaks into the car’s coding. Suddenly, you’re in a car that you no longer have any control over, and of course your life is endangered. Before any of these things can become fully automated, a solution must be found to the most common data transfer concerns we see today, such as hacking and data breach.
What are some of the implications of these new ways of transportation and travelling? For one, things such as the hyperloops are sure to reduce traffic and congestion on the roads. Imagine that instead of 1000 cars on the road, there are only 500, assuming that about half the population uses a hyperloop. I wonder too if the hyperloop could be used in shorter commutes, where a regular drive would take about an hour or so. Would the hyperloop be efficient in getting you somewhere in five minutes instead of an hour? Or would the constant start and stopping of the technology cause more friction and therefore not really be viable for short trips? There are still a lot of questions and uncertainties regarding the hyperloop, and this is really at the root of why I don’t see the hyperloop being used as early as 2020, as Mexico is planning to.
Another implication of these new, faster ways to travel is that people would have so much more time to explore the world. If you thought globalization was at its strongest today, imagine if you could travel halfway around the world in half the time, to have a face to face meeting with a business partner or potential customer. Considering that some cultures do business better with in person meetings, this might have a huge beneficial effect on businesses that currently use Skype, FaceTime, or phone calls to communicate with other offices located far away.
From what I’ve read so far on this topic, it seems that teleportation and the like really is the stuff of the future, and more fiction than a real possibility. However, at the rate technology is growing – taking into account Moore’s Law – who knows, we might just be changing our minds on that in the future.
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Germany’s Isar Aerospace raises $91M to get its satellite launch vehicle off the ground
The aerospace industry has seen an explosion of activity from the world of startups, where bright engineers are foregoing jobs at large corporations and opting instead to raise funding from increasingly ambitious venture capitalists to build their own startups to turn moonshots into business realities. In the latest development, a startup out of Munich has raised the largest round to date in European space tech.
Isar Aerospace, which is building a micro-satellite launcher significantly smaller and thus lower in price than bigger launchers on the market today, has picked up €75 million ($91 million) in funding. It plans to use the money to continue its research, development and production en route to its first commercial launches, planned for early 2022.
The launcher is not just significant for its design innovation, but if it proves successful, it would make Isar the first European space company to build a successful satellite launcher to compete in the global satellite market.
The round, a Series B, is being led by Lakestar, with previous backers Earlybird and Vsquared Ventures also contributing significantly, the company said. Earlybird and strategic backer Airbus Ventures led Isar’s previous round of $17 million in December 2019.
The startup is a spinout of TUM — the famous Munich Technical University — where co-founders Daniel Metzler, Josef Fleischmann, and Markus Brandl had all studied engineering. Fleishmann had a small claim to fame before Isar: he was part of the team from TUM that built the winning vehicle for the famous Hyperloop competition in the US. It was an achievement that landed him a very interesting job offer with a high profile venture in the US that will go unnamed; he opted to come back to Germany to build his own company, which became Isar.
As Metzler described it in an interview, there is a lot of pent-up demand among companies that need or would like to use satellite technology to augment or replace other data sources: this comes from not just the usual suspects of government or communications entities, but also navigation, GPS and mapping specialists, agribusiness interest, media and internet companies and any organizations that need the kind of high speed, far-reaching data access that can only be achieved from space.
The issue is that today’s technology makes launching satellites into orbit a costly and time-sucking operation.
Launchers are large and go up infrequently, so reserving space on them takes a lot of lead time and investment, and even then a launch can hit a snag over a technical or weather issue.
That issue has somewhat been addressed by the growth of private companies like SpaceX, which are building more rockets to address demand; and a proliferation of more launch centers in a larger range of locations to increase the number of launch events.
Isar, on the other hand, is taking a very different approach, building not just a new kind of launchpad but a new kind of rocket that will be smaller and less expensive. The idea will be that by doing so, it will make it cheaper, easier and more flexible for more organizations to book satellite launches. The aim will be to carry a payload of over 1,000 kilograms.
As Metzler describes it, the innovations that Isar has built into its system includes the propulsion systems with a design that relies on a different, lighter fuel than what is typically used today in launchers. It’s also taking a different, simplified approach to the design to further reduce the cost of production.
Metzler said that typically the price for a satellite launch today can be in the range of between $30,000 and $40,000 per kilogram. “We aim to go more in the direction of $10,000 per kilogram,” he said.
The proposition is interesting enough that Isar says it has already racked up $500 million in “customer inquiries” — essentially a loose commitment for sales as and when it gets its launchers ready to run.
The company sees satellite launches as an obvious bottleneck that needs addressing.
“Going to space once a week is very different from planning launches three years in advance,” he said of how Isar envisions the future to look, versus how it looks now. And just to note, he said that Isar is building with sustainability in mind: if a piece does not return to earth to be re-used, it’s designed to be broken up and burned in the atmosphere, leaving no trace of the launcher.
Longer term, Isar might also consider space exploration and other areas of development, an ambitious roadmap (or skymap, as the case may be) that investors seem willing to support.
“We are proud to accompany Isar Aerospace as the largest institutional investor on its way to commercially develop space for Europe. Micro-satellites in the low Earth orbit will become a key platform technology with enormous innovation and business potential in the coming decades. That is why we need a competitive space industry in Europe if we do not want to witness the next technological leaps as a spectator,” said Hendrik Brandis, Co-Founding Partner of Earlybird. “I am particularly pleased that we are able to back a financing round of this magnitude entirely with German money. This is a clear sign of how successfully the start-up and VC industry has developed in this country in recent years.”
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New Post has been published on https://freenews.today/2020/12/08/germanys-isar-aerospace-raises-91m-to-get-its-satellite-launch-vehicle-off-the-ground-techcrunch/
Germany’s Isar Aerospace raises $91M to get its satellite launch vehicle off the ground – TechCrunch
The aerospace industry has seen an explosion of activity from the world of startups, where bright engineers are foregoing jobs at large corporations and opting instead to raise funding from increasingly ambitious venture capitalists to build their own startups to turn moonshots into business realities. In the latest development, a startup out of Munich has raised the largest round to date in European space tech.
Isar Aerospace, which is building a micro-satellite launcher significantly smaller and thus lower in price than bigger launchers on the market today, has picked up €75 million ($91 million) in funding. It plans to use the money to continue its research, development and production en route to its first commercial launches, planned for early 2022.
The launcher is not just significant for its design innovation, but if it proves successful, it would make Isar the first European space company to build a successful satellite launcher to compete in the global satellite market.
The round, a Series B, is being led by Lakestar, with previous backers Earlybird and Vsquared Ventures also contributing significantly, the company said. Earlybird and strategic backer Airbus Ventures led Isar’s previous round of $17 million in December 2019.
The startup is a spinout of TUM — the famous Munich Technical University — where co-founders Daniel Metzler, Josef Fleischmann, and Markus Brandl had all studied engineering. Fleishmann had a small claim to fame before Isar: he was part of the team from TUM that built the winning vehicle for the famous Hyperloop competition in the US. It was an achievement that landed him a very interesting job offer with a very high profile space venture in the US that will go unnamed; he opted to come back to Germany to build his own company, which became Isar.
As Metzler described it in an interview, there is a lot of pent-up demand among companies that need or would like to use satellite technology to augment or replace other data sources: this comes from not just the usual suspects of government or communications entities, but also navigation, GPS and mapping specialists, agribusiness interest, media and internet companies and any organizations that need the kind of high speed, far-reaching data access that can only be achieved from space.
The issue is that today’s technology makes launching satellites into orbit a costly and time-sucking operation.
Launchers are large and go up infrequently, so reserving space on them takes a lot of lead time and investment, and even then a launch can hit a snag over a technical or weather issue.
That issue has somewhat been addressed by the growth of private companies like SpaceX, which are building more rockets to address demand; and a proliferation of more launch centers in a larger range of locations to increase the number of launch events.
Isar, on the other hand, is taking a very different approach, building not just a new kind of launchpad but a new kind of rocket that will be smaller and less expensive. The idea will be that by doing so, it will make it cheaper, easier and more flexible for more organizations to book satellite launches. The aim will be to carry a payload of over 1,000 kilograms.
As Metzler describes it, the innovations that Isar has built into its system includes the propulsion systems with a design that relies on a different, lighter fuel than what is typically used today in launchers. It’s also taking a different, simplified approach to the design to further reduce the cost of production.
Metzler said that typically the price for a satellite launch today can be in the range of between $30,000 and $40,000 per kilogram. “We aim to go more in the direction of $10,000 per kilogram,” he said.
The proposition is interesting enough that Isar says it has already racked up $500 million in “customer inquiries” — essentially a loose commitment for sales as and when it gets its launchers ready to run.
The company sees satellite launches as an obvious bottleneck that needs addressing.
“Going to space once a week is very different from planning launches three years in advance,” he said of how Isar envisions the future to look, versus how it looks now. And just to note, he said that Isar is building with sustainability in mind: if a piece does not return to earth to be re-used, it’s designed to be broken up and burned in the atmosphere, leaving no trace of the launcher.
Longer term, Isar might also consider space exploration and other areas of development, an ambitious roadmap (or skymap, as the case may be) that investors seem willing to support.
“We are proud to accompany Isar Aerospace as the largest institutional investor on its way to commercially develop space for Europe. Micro-satellites in the low Earth orbit will become a key platform technology with enormous innovation and business potential in the coming decades. That is why we need a competitive space industry in Europe if we do not want to witness the next technological leaps as a spectator,” said Hendrik Brandis, Co-Founding Partner of Earlybird. “I am particularly pleased that we are able to back a financing round of this magnitude entirely with German money. This is a clear sign of how successfully the start-up and VC industry has developed in this country in recent years.”
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New Post has been published on https://magzoso.com/tech/flying-cars-to-hyperloop-a-review-of-tech-predictions/
Flying Cars to Hyperloop: A Review of Tech Predictions


Predicting the future is hard, even for the people with the most power to influence it. In 2013, Jeff Bezos said he expected Amazon.com Inc. would be delivering packages by drone in four to five years. Here we are seven years later, the flying delivery robots Bezos envisioned are still at the testing stage and have just started to get regulatory approval in the U.S.
Corporate fortune telling is a common practice in the technology industry, and executives tend to choose round numbers as deadlines for their technological fantasies. So, as 2019 draws to a close and we approach a new decade, let’s take a look back at how some of the tech industry’s predictions for 2020 fared.
1. Computer chips will consume almost no energy
Gordon Moore was famous for his foresight about the development of cheaper and more advanced computers. Intel, the company he co-founded, stayed in the prognostication game years after Moore retired, with mixed results. In 2012, Intel predicted a form of ubiquitous computing that would consume almost zero energy by 2020. The date is almost here, and phones still barely last a day before needing a recharge. The i9, Intel’s latest top-of-the-line computer chip, requires 165 watts of energy. That’s more than twice as much as a 65-inch television.
2. Nine out of 10 people over age 6 will own a mobile phone
In 2014, Ericsson Mobility estimated that 90 percent of people on earth over 6 years old would own a mobile phone by 2020. This is a hard one to measure, but a visit to developing countries suggests we are nowhere close. Research firm Statista puts global penetration at 67 percent. One milestone achieved this decade is the number of mobile subscriptions exceeded the world’s population for the first time, according to data compiled by the World Bank. The statistic is skewed by people who use multiple devices. Concern about the potential harmful effects of video game and social-media overuse by children may mean this never happens. There’s now a national movement in the US encouraging parents to wait until kids are in the eighth grade (age 13) before letting them have a smartphone.
3. Jet.com will break even
Jet.com was an embodiment of the startup unicorn, before that was even a term. Marc Lore started the online retailer after selling his previous company to Amazon. Jet would challenge Lore’s former employer by offering cheaper prices on products with a subscription that substantially undercut Prime. To do that, Jet quickly started burning through the more than $700 million (roughly Rs. 5,000 crores) it had raised from venture capitalists, and critics said the startup had no path to profitability. In response, Lore said on Bloomberg TV in 2015 that Jet would break even by 2020. Walmart swooped in a year after that interview and bought Jet for $3.3 billion (roughly Rs. 23,571 crores). According to news site Vox, Walmart is projecting a loss of more than $1 billion (roughly Rs. 7,142 crores) this year for its US e-commerce division, now led by Lore.
4. The first 60-mile hyperloop ride will take place
In 2013, Elon Musk outlined his vision for a new “fifth mode of transportation” that would involve zipping people through tubes at speeds as fast as 800 miles per hour. Several tech entrepreneurs heeded Musk’s call and went to work on such systems inspired by the billionaire’s specifications. In 2015, one of the leading startups predicted a hyperloop spanning about 60 miles would be ready for human transport by 2020. Rob Lloyd, then the CEO of Hyperloop Technologies, told Popular Science: “I’m very confident that’s going to happen.” It hasn’t. His company, now called Virgin Hyperloop One, has a 1,600-foot test track in California and hopes to build a 22-mile track in Saudi Arabia someday. Musk has since experimented with hyperloops of his own, and even he has had to scale back his ambitions. Musk’s Boring is building a so-called Loop system in Las Vegas, starting with a nearly mile-long track that consists of a narrow tunnel and Tesla cars moving at up to 155 miles per hour.
5. Google’s cloud business will eclipse advertising
Selling cloud services became a big business for Amazon, Alibaba Group Holding and Microsoft over the last decade. Google executive Urs Hölzle saw the shift coming and in 2015 predicted Google’s cloud revenue would supersede advertising by 2020. Alphabet’s Google has inched closer to Amazon Web Services since then, but it’ll take a lot to outgrow Google’s cash cow. The cloud is expected to represent almost 15 percent of revenue for Google this year, compared with 85 percent for ads.
6. Huawei will make a ‘superphone’
Here’s what Huawei Technologies said in 2015 predicting a “superphone” by 2020, according to ZDNet: “Inspired by the biological evolution, the mobile phone we currently know will come to life as the superphone,” said Shao Yang, a strategy marketing president of Huawei. “Through evolution and adaptation, the superphone will be more intelligent, enhancing and even transforming our perceptions, enabling humans to go further than ever before.” It’s not entirely clear what that means, but it probably hasn’t happened yet. In the interim, Huawei found itself in the middle of a trade war, and the Chinese company is focusing largely on mid-priced phones for its domestic market.
7. Toyota will make fully self-driving cars
Auto and tech companies alike became convinced this decade that computers would soon be able to drive cars more reliably than people. In 2015, Toyota Motor made a companywide bet that it would have autonomous highway-driving cars on the road by 2020. It didn’t take long for the hype cycle to veer off course. In 2018, a pedestrian died after colliding with an Uber self-driving car. In 2020, Toyota’s Lexus brand will introduce a car capable of driving autonomously on the highway, but executives acknowledged that auto companies “are revising their timeline for AI deployment significantly.”
8. A Bitcoin will be worth $1 million
John McAfee, the controversial computer antivirus mogul and an influential voice in the cryptocurrency community, predicted the price of Bitcoin would reach $1 million (roughly Rs. 7.14 crores) by the end of 2020. McAfee posted the estimate in November 2017, about three weeks before a crash would erase 83 percent of value over the next year. Bitcoin has recovered somewhat, but the current price of about $7,200 is far from McAfee’s magic number. Like other Bitcoin bulls, McAfee is standing by his unlikely prediction. If he’s wrong, McAfee said he’ll eat an intimate body part.
9. Dyson will sell an electric car
It was barely two years ago when the maker of blowdryers and vacuum cleaners said it would sell an electric car by 2020. Dyson canceled the project this year, calling it “not commercially viable.”
10. Uber will deploy flying cars
When Uber Technologies pledged to deliver on a promise of the Jetsons, it gave itself just three years to do so. It’s safe to say you will not be able to hail a flying Uber in the next year. The company continues to explore the concept with regulators. This year, Uber added a form of flying vehicle that’s not particularly cutting edge: It’s booking helicopter rides in New York City. Last Friday, Uber said it was working with a startup, Joby Aviation, to develop “aerial ride-sharing” and set a new deadline of 2023. Uber Chief Executive Officer Dara Khosrowshahi tweeted: “Getting closer …”
© 2019 Bloomberg LP
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PR: Brock Pierce and 25+ Crypto Whales in the Most Expected Coinsbank Event of the Year
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
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The Futurama Blockchain Innovators Summit held by Coinsbank in Dubai welcomes you to witness the fruits of the three most revolutionary technologies of the 21st century at once: blockchain, artificial intelligence, and virtual reality. We’ll showcase you futuristic solutions, from the new generations tools for managing your personal health data, to a billion dollar trading algorithm that represents the most advanced artificial general intelligence that can reason and theorize.
Headliners Galore
The summit is one of the most exclusive gatherings of the world’s sharpest crypto minds. “Very excited to be there and participate” – says Brock Pierce, Bitcoin Foundation, Blockchain Capital, who already shone on the previous Coinsbank Blockchain Cruise.
The Futurama Blockchain Innovators Summit will bring together the crème de la crème of the crypto industry: – Miko Matsumura, Evercoin Exchange & BitBull Capital; – Dinis Guarda, TOP 30 Most Influential People in the Blockchain; – Nicholas Merten, DataDash YouTube (283k subs); – Federico Pistono, Hyperloop; – James Glasscock, DNA Capital (the world’s premiere crypto venture fund); – Jonathan Teo, Binary Capital (over 300M under management); – Stephen Stonberg, Hedge Fund and Investment Bank (Goldman Sachs, J.P. Morgan, Deutsche Bank); and 20+ top leaders is calling you to join them in the desert. Come join us and change the world together and for the better!
“Futurama can help us create a truly global community that’s passionate about solving world’s biggest problems with the newest technologies and begin taking steps toward a better future by connecting those who want to build together across jurisdictions and countries” – says Henry Liu, Blockchain Venture Capitalist and ex-Facebook E-Commerce.
Breath-taking entertainment
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Surrounded by industry whales and futuristic technology within the setting of spellbinding Arabian luxury and the beauty of the Middle East, you will jump from the largest Futuristic Yacht in the Gulf to the ball at a bright Arab Desert Rose Party, a Burning Man-like experience.
“The event looks like it’ll be incredible”- said Nicholas Merten (DataDash Youtube), one of the most respectable blogger in crypto field. Can hardly wait?
Join the most exclusive blockchain event in the most technologically perfect place on the planet. Don’t miss the future. Join now – COINSBANK.COM/DUBAI
Contact Email Address [email protected] Supporting Link https://coinsbank.com/DUBAI
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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PR: Brock Pierce and 25+ Crypto Whales in the Most Expected Coinsbank Event of the Year
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
Did you know that the flying cars from The Fifth Element and Blade Runner films have already become reality? Or that using a VR helmet allows you to sit in an office meeting with the world’s leading experts and investors without the traveling hassle? Probably not. Well, here’s a chance.
The Futurama Blockchain Innovators Summit held by Coinsbank in Dubai welcomes you to witness the fruits of the three most revolutionary technologies of the 21st century at once: blockchain, artificial intelligence, and virtual reality. We’ll showcase you futuristic solutions, from the new generations tools for managing your personal health data, to a billion dollar trading algorithm that represents the most advanced artificial general intelligence that can reason and theorize.
Headliners Galore
The summit is one of the most exclusive gatherings of the world’s sharpest crypto minds. “Very excited to be there and participate” – says Brock Pierce, Bitcoin Foundation, Blockchain Capital, who already shone on the previous Coinsbank Blockchain Cruise.
The Futurama Blockchain Innovators Summit will bring together the crème de la crème of the crypto industry: – Miko Matsumura, Evercoin Exchange & BitBull Capital; – Dinis Guarda, TOP 30 Most Influential People in the Blockchain; – Nicholas Merten, DataDash YouTube (283k subs); – Federico Pistono, Hyperloop; – James Glasscock, DNA Capital (the world’s premiere crypto venture fund); – Jonathan Teo, Binary Capital (over 300M under management); – Stephen Stonberg, Hedge Fund and Investment Bank (Goldman Sachs, J.P. Morgan, Deutsche Bank); and 20+ top leaders is calling you to join them in the desert. Come join us and change the world together and for the better!
“Futurama can help us create a truly global community that’s passionate about solving world’s biggest problems with the newest technologies and begin taking steps toward a better future by connecting those who want to build together across jurisdictions and countries” – says Henry Liu, Blockchain Venture Capitalist and ex-Facebook E-Commerce.
Breath-taking entertainment
Connect with the best. Fly with the loftiest. Float like nothing can stop you. We will show you what the best blockchain innovators can do today.
Surrounded by industry whales and futuristic technology within the setting of spellbinding Arabian luxury and the beauty of the Middle East, you will jump from the largest Futuristic Yacht in the Gulf to the ball at a bright Arab Desert Rose Party, a Burning Man-like experience.
“The event looks like it’ll be incredible”- said Nicholas Merten (DataDash Youtube), one of the most respectable blogger in crypto field. Can hardly wait?
Join the most exclusive blockchain event in the most technologically perfect place on the planet. Don’t miss the future. Join now – COINSBANK.COM/DUBAI
Contact Email Address [email protected] Supporting Link https://coinsbank.com/DUBAI
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: Brock Pierce and 25+ Crypto Whales in the Most Expected Coinsbank Event of the Year appeared first on Bitcoin News.
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Rail Wheel And Axle Market to Register Exponential Growth During COVID-19 Pandemic
Rail wheels are the basis of movement for the trains by providing traction, while axles are used to transmit vertical loads to the wheels. The assembly of rail wheels, axle, bearing and brake components are called as rail wheel set. Over the last few year, increasing government projects to connect two states or country such as One Belt One Road is anticipated to create opportunity for the global market during the forecast time period. Additionally, increasing high speed rail project particularly in developing countries have also opened the door for the market. On the flip side, government regulations pertaining to replacing of wheel and axle are also anticipated to give positive potential to the global rail wheel and axle market during the forecast time period.
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Segmentation.
The global rail wheel and axle market can be segmented on the basis of Wheel Type:
Locomotive Wheel • Resilient Wheel • Others
The global rail wheel and axle market can be segmented on the basis of Axle Type: • Powered Axle • Non-Powered Axle
The global rail wheel & axle market can be segmented on the basis of Rail Type: • Locomotive • Passenger Train • Freight Train • Special Train
The global rail wheel and axle market can be segmented on the basis of Sales Channel: • OEM • Aftermarket
Driver Increasing railway projects as well as electrification in existing rail line are projected to drive the global market. Moreover, continuous innovation in rail technology such as high speed train, bullet train are anticipated to foster the market throughout the forecast time period Restraint Other modes of transportation such as Maglev and Hyperloop are anticipated to hinder the market over the slated time period. Regional Market Outlook Europe is anticipated to dominate in the region owing to increasing rail vehicle fleet. In term of value China is projected to be 2nd largest market for the global rail wheel and axle wheel market. North America is projected to grow with healthy growth rate owing to increasing rail trams and metro rail over the slated time period. Moreover, APAC is also projected to grow with noteworthy growth rate owing to increasing government rail project particularly in Japan, China and India. Middle East & Africa is anticipated to grow with remarkable CAGR due to increasing railway infrastructure particularly in GCC Countries and Turkey.
Get Complete TOC with Tables and Figures@ https://www.trendsmarketresearch.com/report/discount/3107
Key Player
Key player for the global Rail Wheel & Axle market are:
KALYANI GROUP • Simmons Machine Tool Corporation • NIPPON STEEL & SUMITOMO METAL CORPORATION • Mannshan Iron & Steel Co., Ltd. • Masteel Wheel Axle • KLW Wheelco SA • CN • GHH-BONATRANS • Lucchini RS • OMK • Kolowag
Research Methodology:
TMRsurveys a number of companies in order to estimate the data covered in the report through triangulation methodology. A detailed market understanding and assessment of the drive and application segments covered in the study. The research methodology also includes interviews conducted for various industry leaders by the research experts. This helps the researchers to match their previous findings with the ones confirmed from various resource persons. The report focuses on analyzing the supply-side approaches and keeps a track of that of the demand-side so as to make sure the findings are true. The global market scenario has been derived by consolidation of regional market overviews.
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Flying Cars and Hyperloop by 2020? A Review of Tech Predictions
(Bloomberg) –Predicting the future is hard, even for the people with the most power to influence it. In 2013, Jeff Bezos said he expected Amazon.com Inc. would be delivering packages by drone in four to five years. Here we are seven years later, the flying delivery robots Bezos envisioned are still at the testing stage and have just started to get regulatory approval in the U.S.
Corporate fortune telling is a common practice in the technology industry, and executives tend to choose round numbers as deadlines for their technological fantasies. So, as 2019 draws to a close and we approach a new decade, let’s take a look back at how some of the tech industry’s predictions for 2020 fared.
1. Computer chips will consume almost no energy
Gordon Moore was famous for his foresight about the development of cheaper and more advanced computers. Intel Corp., the company he co-founded, stayed in the prognostication game years after Moore retired, with mixed results. In 2012, Intel predicted a form of ubiquitous computing that would consume almost zero energy by 2020. The date is almost here, and phones still barely last a day before needing a recharge. The i9, Intel’s latest top-of-the-line computer chip, requires 165 watts of energy. That’s more than twice as much as a 65-inch television.
2. Nine out of 10 people over age 6 will own a mobile phone
In 2014, Ericsson Mobility estimated that 90% of people on earth over 6 years old would own a mobile phone by 2020. This is a hard one to measure, but a visit to developing countries suggests we are nowhere close. Research firm Statista puts global penetration at 67%. One milestone achieved this decade is the number of mobile subscriptions exceeded the world’s population for the first time, according to data compiled by the World Bank. The statistic is skewed by people who use multiple devices. Concern about the potential harmful effects of video game and social-media overuse by children may mean this never happens. There’s now a national movement in the U.S. encouraging parents to wait until kids are in the eighth grade (age 13) before letting them have a smartphone.
3. Jet.com will break even
Jet.com was an embodiment of the startup unicorn, before that was even a term. Marc Lore started the online retailer after selling his previous company to Amazon. Jet would challenge Lore’s former employer by offering cheaper prices on products with a subscription that substantially undercut Prime. To do that, Jet quickly started burning through the more than $700 million it had raised from venture capitalists, and critics said the startup had no path to profitability. In response, Lore said on Bloomberg TV in 2015 that Jet would break even by 2020. Walmart Inc. swooped in a year after that interview and bought Jet for $3.3 billion. According to news site Vox, Walmart is projecting a loss of more than $1 billion this year for its U.S. e-commerce division, now led by Lore.
4. The first 60-mile hyperloop ride will take place
In 2013, Elon Musk outlined his vision for a new “fifth mode of transportation” that would involve zipping people through tubes at speeds as fast as 800 miles per hour. Several tech entrepreneurs heeded Musk’s call and went to work on such systems inspired by the billionaire’s specifications. In 2015, one of the leading startups predicted a hyperloop spanning about 60 miles would be ready for human transport by 2020. Rob Lloyd, then the CEO of Hyperloop Technologies, told Popular Science: “I’m very confident that’s going to happen.” It hasn’t. His company, now called Virgin Hyperloop One, has a 1,600-foot test track in California and hopes to build a 22-mile track in Saudi Arabia someday. Musk has since experimented with hyperloops of his own, and even he has had to scale back his ambitions. Musk’s Boring Co. is building a so-called Loop system in Las Vegas, starting with a nearly mile-long track that consists of a narrow tunnel and Tesla cars moving at up to 155 miles per hour.
5. Google’s cloud business will eclipse advertising
Selling cloud services became a big business for Amazon, Alibaba Group Holding Ltd. and Microsoft Corp. over the last decade. Google executive Urs Hölzle saw the shift coming and in 2015 predicted Google’s cloud revenue would supersede advertising by 2020. Alphabet Inc.’s Google has inched closer to Amazon Web Services since then, but it’ll take a lot to outgrow Google’s cash cow. The cloud is expected to represent almost 15% of revenue for Google this year, compared with 85% for ads.
6. Huawei will make a ‘superphone’
Here’s what Huawei Technologies Co. said in 2015 predicting a “superphone” by 2020, according to ZDNet: “Inspired by the biological evolution, the mobile phone we currently know will come to life as the superphone,” said Shao Yang, a strategy marketing president of Huawei. “Through evolution and adaptation, the superphone will be more intelligent, enhancing and even transforming our perceptions, enabling humans to go further than ever before.” It’s not entirely clear what that means, but it probably hasn’t happened yet. In the interim, Huawei found itself in the middle of a trade war, and the Chinese company is focusing largely on mid-priced phones for its domestic market.
7. Toyota will make fully self-driving cars
Auto and tech companies alike became convinced this decade that computers would soon be able to drive cars more reliably than people. In 2015, Toyota Motor Corp. made a companywide bet that it would have autonomous highway-driving cars on the road by 2020. It didn’t take long for the hype cycle to veer off course. In 2018, a pedestrian died after colliding with an Uber self-driving car. In 2020, Toyota’s Lexus brand will introduce a car capable of driving autonomously on the highway, but executives acknowledged that auto companies “are revising their timeline for AI deployment significantly.”
8. A Bitcoin will be worth $1 million
John McAfee, the controversial computer antivirus mogul and an influential voice in the cryptocurrency community, predicted the price of Bitcoin would reach $1 million by the end of 2020. McAfee posted the estimate in November 2017, about three weeks before a crash would erase 83% of value over the next year. Bitcoin has recovered somewhat, but the current price of about $7,200 is far from McAfee’s magic number. Like other Bitcoin bulls, McAfee is standing by his unlikely prediction. If he’s wrong, McAfee said he’ll eat an intimate body part.
9. Dyson will sell an electric car
It was barely two years ago when the maker of blowdryers and vacuum cleaners said it would sell an electric car by 2020. Dyson canceled the project this year, calling it “not commercially viable.”
10. Uber will deploy flying cars
When Uber Technologies Inc. pledged to deliver on a promise of the Jetsons, it gave itself just three years to do so. The company still intends to hold flight demonstrations in 2020, but it’s safe to say you will not be able to hail a flying Uber in the next year. The company continues to explore the concept with regulators. This year, Uber added a form of flying vehicle that’s not particularly cutting edge: It’s booking helicopter rides in New York City. Last Friday, Uber said it was working with a startup, Joby Aviation, to develop “aerial ride-sharing” and set a deadline of 2023. Uber Chief Executive Officer Dara Khosrowshahi tweeted: “Getting closer …”
–With assistance from Ian King.
The post Flying Cars and Hyperloop by 2020? A Review of Tech Predictions appeared first on Businessliveme.com.
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Looking back at 2018 (2/2)
31.12.18 - A 3D brain atlas, patients with chronic paraplegia walking on electrical stimuli, a cancer research centre, a water purifying material, a new experimental unit dedicated to sustainable technologies... Some of the EPFL's research and milestones that marked the year 2018. EPFLoop takes third place 23.07.18 - EPFL’s entry in Hyperloop Pod Competition in California raced to a third-place finish. This was an extraordinary result for EPFLoop, which squared off against 18 teams from around the world in its first-ever Hyperloop competition. EPFLoop was one of just two teams to be selected for this competition without having taken part in any of the previous editions. EPFL scientists set out to explore microbial life in glacier streams 25.07.18 - EPFL scientists will spend at least the next four years studying some of the world’s biggest glacier-fed streams. By collecting microorganisms from the streams and extracting their DNA, they hope to better understand how these creatures have adapted to their extreme environments. The project is the inaugural research program for the Alpine and Polar Environment Research Center (Alpole) at the EPFL Valais Wallis campus in Sion. EPFL uses excitons to take electronics into the future 25.07.18 - EPFL researchers have developed a transistor based on excitons – a type of particle most people have not heard of – that is able to function at room temperature. This breakthrough could lead to a new breed of faster, more energy efficient and smaller electronics. The subtle mechanics of an avalanche – as seen in 3D 03.08.18 - Drawing on the fact that the snow in an avalanche can behave like both a solid and a fluid, a young researcher at EPFL and WSL Institute for Snow and Avalanche Research has managed to simulate a snow slab avalanche with unrivaled precision. His work, which offers unprecedented insight into how avalanches work, could be used to improve risk management in the mountains. HydroContest: EPFL's team makes the podium 10.09.18 - A total of 28 teams made up of students from 15 countries competed in the fifth edition of the HydroContest in Saint-Tropez. The team of EPFL students came in second place with their lightweight boat behind HES Fribourg. Their heavyweight boat won the innovation prize. EPFL unveils SolAce, a solar-powered pilot unit in Dübendorf 24.09.18 - EPFL’s SolAce pilot unit was inaugurated at the NEST R&D center on the Empa campus in Dübendorf, Switzerland. Researchers at this solar-powered unit will test out new technology designed to make buildings energy positive and carbon neutral – while providing maximum comfort for their occupants. A new cancer research centre 09.10.18 - The AGORA building, inaugurated at the beginning of October in front of the CHUV, houses the new Translational Cancer Research Centre with researchers and clinicians from different medical and scientific disciplines. EPFL is a partner in the project. EPFL hosts a series of Digital Day events 24.10.18 - Switzerland’s second annual Digital Day – an initiative of digitalswitzerland – has taken place on Thursday, 25 October, with events held at various train stations across the country. In addition to participating in activities at the Zurich train station, EPFL has run a series of free, public events on its Lausanne campus. Breakthrough neurotechnology for treating paralysis 31.10.18 - Three patients with chronic paraplegia were able to walk over ground thanks to precise electrical stimulation of their spinal cords via a wireless implant. The scientists Grégoire Courtine (EPFL and CHUV/Unil) and Jocelyne Bloch (CHUV/Unil) show that, after a few months of training, the patients were able to control previously paralyzed leg muscles even in the absence of electrical stimulation. New material cleans and splits water 05.11.18 - Researchers at EPFL’s Institute of Chemical Sciences and Engineering have developed a photocatalytic system based on a material in the class of metal-organic frameworks. The system can be used to degrade pollutants present in water while simultaneously producing hydrogen that can be captured and used further. TWIICE One exoskeleton is a step towards independence 06.11.18 - The new version of the TWIICE walking-assistance system is not only lighter, more comfortable and more powerful, but patients can also put it on and use it themselves – giving them greater independence. This exoskeleton developped by scientists at EPFL’s Robotic Systems Laboratory (LSRO) can fully support the weight of a human body and guide the person’s steps. Euler Course celebrates ten years of coaching gifted math students 21.11.18 - EPFL’s Euler Course – the only one of its kind in Switzerland – is designed to help junior-high and high-school students with a high aptitude in mathematics fulfill their potential. 110 students are currently enrolled in the course, which will celebrate its tenth anniversary on 21 November. Blue Brain Project releases first-ever digital 3D brain cell atlas 28.11.18 - Like “going from hand-drawn maps to Google Earth,” the Blue Brain Cell Atlas allows anyone to visualize every region in the mouse brain, cell-by-cell – and freely download data for new analyses and modelling. EPFL delivers Switzerland's first Certificates of Open Studies 30.11.18 - Switzerland’s very first Certificates of Open Studies (COSs) were handed out at a ceremony at EPFL. These certificates were granted to participants who completed a new continuing education program that the school has made available to anyone, with no previous degrees required. Mediacom http://actu.epfl.ch/news/looking-back-at-2018-22 (Source of the original content)
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Brock Pierce and 25+ Crypto Whales in the Most Expected Coinsbank Event of the Year
Brock Pierce and 25+ Crypto Whales in the Most Expected Coinsbank Event of the Year
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Join the most exclusive blockchain event in the most technologically perfect place on the planet. Don’t miss the future. Join now at coinsbank.com/dubai
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Accounting News Roundup: Hack ‘Impact’ and The ‘Accountant’ Brand | 10.12.17
Hacks
Earlier this week, The Guardian reported more details on the hack of Deloitte’s email server. The story listed several U.S. government agencies, Fannie Mae, Freddie Mac, and many unnamed multinational companies as being “made vulnerable.” In that account, “Deloitte did not deny any of these clients had information in the system that was the target of the hack, but it said none of the companies or government departments had been ‘impacted.'” Now it’s been reported that Fannie Mae and Freddie Mac, as well as the Department of Health and Human Services and the National Institutes of Health, have all confirmed that they haven’t been “impacted.”
If I was a Deloitte client, I think I’d want to know the difference. Like, if my company’s data is vulnerable or exposed, how is that not an “impact”? I suppose if you’re Deloitte, you might say, “Well, your data was vulnerable but ultimately not violated,” and then I’d wonder, “Isn’t the vulnerability the violation?” It seems that Deloitte is saying, “No, they’re different,” and then we’d have one of those Curb Your Enthusiasm staredowns, until I finally say, “Okay, Deloitte. We’ll see.”
Words
“Accountants need a better brand to win more attention from small businesses ” is this Accounting Today headline, and this isn’t so much about “brand” as it is “the meaning of words.” An Indeed survey found that the most in-demand jobs for small businesses are things like “Business Analyst” and “Audit Manager” and “Business Systems Analyst” but “accountants” wasn’t in the top 10. This makes people sad, I guess:
“I saw the Indeed study, and I actually thought this was consistent with an ongoing trend, which is a branding issue that exists for accountants,” said Div Bhansali, vice president of marketing at AccountantsWorld, a provider of cloud-based accounting software.
“[A]ccountants, especially with modern cloud technology, can absolutely serve the role of business analysts for their small business clients, but the opposite does not hold true. Business analysts cannot serve the role of an accountant, particularly when it comes to regulatory demands,” Bhansali went on to say.
I think one problem with “accountants” is that they get too hung up on things don’t matter very much. There is no “accountant” brand. It’s just a word. Just like “analyst” is just a word. You don’t hear people boasting about the “analyst” brand after this Indeed survey, do you? Call yourself whatever you want! Make it up! Have you seen the meaningless titles in corporate America today? “Hello, I’m Stan, the Chief Digital Diversity Discourse Officer at PwC.” No one cares, Stan.
Clients, small business or otherwise, only care if you can do the thing they need done. “Oh, you can analyze the business? Great. Oh, you can do the accounting, too? Great. You say your previous title was Partner-in-Charge of Academy Awards Envelope Quality Control. Sure, whatever.”
Previously, on Going Concern…
In Open Items, an MSA tax student wants some career advice, and someone else wants to transfer service groups before starting with a Big 4 firm.
In other news:
Coach is now Tapestry.
Era of Public-Company Deregulation Gets Off to a Modest Start
Hyperloop One becomes ‘Virgin Hyperloop One’ with Virgin Group investment
Venison fast food.
Unsent text message with a smiley face counted as a will, court rules
Get the Accounting News Roundup in your inbox every weekday by signing up here. You can also sign up to receive our job alerts for select cities like Boston and San Francisco.
See something we missed? Have a correction, comment, or complaint? Email us at [email protected].
The post Accounting News Roundup: Hack ‘Impact’ and The ‘Accountant’ Brand | 10.12.17 appeared first on Going Concern.
from Accounting News http://goingconcern.com/accounting-news-roundup-hack-impact-accountant-brand-10-11-17/
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Accounting News Roundup: Hack ‘Impact’ and The ‘Accountant’ Brand | 10.12.17
Hacks
Earlier this week, The Guardian reported more details on the hack of Deloitte’s email server. The story listed several U.S. government agencies, Fannie Mae, Freddie Mac, and many unnamed multinational companies as being “made vulnerable.” In that account, “Deloitte did not deny any of these clients had information in the system that was the target of the hack, but it said none of the companies or government departments had been ‘impacted.'” Now it’s been reported that Fannie Mae and Freddie Mac, as well as the Department of Health and Human Services and the National Institutes of Health, have all confirmed that they haven’t been “impacted.”
If I was a Deloitte client, I think I’d want to know the difference. Like, if my company’s data is vulnerable or exposed, how is that not an “impact”? I suppose if you’re Deloitte, you might say, “Well, your data was vulnerable but ultimately not violated,” and then I’d wonder, “Isn’t the vulnerability the violation?” It seems that Deloitte is saying, “No, they’re different,” and then we’d have one of those Curb Your Enthusiasm staredowns, until I finally say, “Okay, Deloitte. We’ll see.”
Words
“Accountants need a better brand to win more attention from small businesses ” is this Accounting Today headline, and this isn’t so much about “brand” as it is “the meaning of words.” An Indeed survey found that the most in-demand jobs for small businesses are things like “Business Analyst” and “Audit Manager” and “Business Systems Analyst” but “accountants” wasn’t in the top 10. This makes people sad, I guess:
“I saw the Indeed study, and I actually thought this was consistent with an ongoing trend, which is a branding issue that exists for accountants,” said Div Bhansali, vice president of marketing at AccountantsWorld, a provider of cloud-based accounting software.
“[A]ccountants, especially with modern cloud technology, can absolutely serve the role of business analysts for their small business clients, but the opposite does not hold true. Business analysts cannot serve the role of an accountant, particularly when it comes to regulatory demands,” Bhansali went on to say.
I think one problem with “accountants” is that they get too hung up on things don’t matter very much. There is no “accountant” brand. It’s just a word. Just like “analyst” is just a word. You don’t hear people boasting about the “analyst” brand after this Indeed survey, do you? Call yourself whatever you want! Make it up! Have you seen the meaningless titles in corporate America today? “Hello, I’m Stan, the Chief Digital Diversity Discourse Officer at PwC.” No one cares, Stan.
Clients, small business or otherwise, only care if you can do the thing they need done. “Oh, you can analyze the business? Great. Oh, you can do the accounting, too? Great. You say your previous title was Partner-in-Charge of Academy Awards Envelope Quality Control. Sure, whatever.”
Previously, on Going Concern…
In Open Items, an MSA tax student wants some career advice, and someone else wants to transfer service groups before starting with a Big 4 firm.
In other news:
Coach is now Tapestry.
Era of Public-Company Deregulation Gets Off to a Modest Start
Hyperloop One becomes ‘Virgin Hyperloop One’ with Virgin Group investment
Venison fast food.
Unsent text message with a smiley face counted as a will, court rules
Get the Accounting News Roundup in your inbox every weekday by signing up here. You can also sign up to receive our job alerts for select cities like Boston and San Francisco.
See something we missed? Have a correction, comment, or complaint? Email us at [email protected].
The post Accounting News Roundup: Hack ‘Impact’ and The ‘Accountant’ Brand | 10.12.17 appeared first on Going Concern.
from Accounting News http://goingconcern.com/accounting-news-roundup-hack-impact-accountant-brand-10-11-17/
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