Connected cars driving consolidation in chip sector

first_imgRelated Posts IT Trends of the Future That Are Worth Paying A… For Self-Driving Systems, Infrastructure and In… The world’s largest car chipmaker, NXP Semiconductor, expects self-driving cars and connected devices will drive a wave of consolidation in the microprocessor sector.Euronews recently discussed an accelerating consolidation trend currently underway in the chip manufacturing market.A pivotal tie-up in the sector was Qualcomm’s $38 billion acquisition of NXP last week.Much of the business case behind Qualcomm’s purchase was NXP’s position as the world’s largest chip maker for the automotive industry. And the NXP deal won’t likely be the last car-related merger in the near future.The chip sector consolidation is being fueled by the projected growth in autonomous vehicle technology and the Internet of Things (IoT). These technology darlings are replacing smartphones as drivers of growth, as phone sales growth continues to flatten.Automotive has been driving M&A and will be the force behind M&A in the chip sector for some time,” said NXP’s general manager, Automotive, Kurt Sievers. “Maybe in a broader perspective, all things connected to the internet.”New fleet driving concept?As a demonstration of its involvement in self-driving vehicle innovation, NXP recently demonstrated a new fleet management concept called platooning. This is where radar chips allow a number of trucks to drive in a row, with the first truck driven by a human, while the subsequent vehicles follow behind semi-autonomously.The advantage of platooning is to increase both the safety and energy efficiency of truck-based transport. And the ability to boost energy efficiency is one advantage NXP’s chip technology brings to Qualcomm, particularly in light of the projected jump in autonomous vehicles seen in the near future.In the coming years the amount of chips that are used in cars will double…which enables assisted driving and includes chips that manage power consumption, as we are moving forward to autonomous driving,” said Sievers.The opportunities in automotive are projected to be huge, with the growing semiconductor content in cars expected to be larger than production of vehicles themselves. 5 Ways IoT can Help to Reduce Automatic Vehicle…center_img Donal Power Break the Mold with Real-World Logistics AI and… Tags:#Internet of Things#IoT#microprocessors#NXP#Qualcomm#self-driving cars last_img read more

NCW pulls up Tripura police

first_imgThe National Commission for Women (NCW) has sought a ‘progress report’ from the Tripura police on the investigation into rape, molestation and murder of women in the State. It expressed serious concern over the ‘spate of outrageous incidents against women’. “I have told the DGP to send a detailed report within a reasonable time, failing which we would summon them before the Commission,” NCW member Sushma Sahu told newsmen in Agartala on Tuesday.last_img

Port Esbjerg to Expand with New MultiTerminal

first_imgzoomIllustration; Source: Pexels under CC0 Creative Commons license Denmark’s port of Esbjerg is to expand its eastern port area as it plans to construct a new, 40,000-m2 multi-terminal in response to increased demand.The new terminal is expected to be completed by the end of the year, the port said, adding that it can see increasing demand for areas with access to quays and cranes.The new multi-terminal would be set up west of the existing multi-terminals in the eastern port. It would have direct access to the three ramps already established at the quay, the port informed.“We can see increased demand for sites for the storage and shipping-out of cargo, cars and, containers, as well as components for the wind turbine industry. The new terminal is intended to meet that demand, giving our customers the best possible conditions for running and developing their business,” Dennis Jul Pedersen, Port Director at Port Esbjerg, said.The costs of establishing the terminal are expected to run to a total investment of around DKK 15 million (USD 2.26 million).An invitation to tender for the construction of the new terminal will be announced during the new few weeks.The terminal is expected to be completed in November 2019 and will be located adjacent to the two existing multi-terminals at the port, which are operated by Blue Water Shipping and Scandinavian Auto Logistics.In 2018, Port Esbjerg handled 4.4 million tonnes of cargo, as a hub for RoRo traffic, with six fixed liner services and connections to more than 25 ports.last_img read more

The Ministry of Border Control and Employment Improves Passport Application Process

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppTurks nd Caicos, June 15, 2017 – Providenciales – The Ministry of Border Control and Employment recently undertook a review of the passport process in light of the numerous complaints from the public and their dissatisfaction with the process, especially the increased length of time being taken for the renewal of a Turks and Caicos Islands Passport.The Ministry, this week, concluded several discussions with Her Majesty’s Passport Office (HMPO) and the members of the Registration and Citizenship department within the Ministry, in which it was identified that the key factors impacting the service delivery of passports are the lack of dedicated resources to the passport processing unit and the need for further knowledge development in the various British Nationality Acts and their applications. While these gaps are the main contributors to the significant delays, it was further identified that a smaller number of passport applications are being affected by incomplete submissions of documents by customers.The passport application process is two-pronged, with a local approval process prior to them being uploaded electronically to the processing site utilized by HMPO for verification of details and the final printing of the passport facility.On Tuesday May 30, 2017, management within the Ministry undertook a reassignment of duties among the personnel within the Registration and Citizenship Department to increase the number of resources that are now dedicated to the processing of passport applications. This, along with the temporary staff that the Ministry recently employed, will assist in decreasing the backlog locally, while efforts are being made to organize the much needed training in the BNA and other HMPO policies for the overall reduction in the inaccuracies being recorded in the application process.While the Office of the Deputy Premier and Ministry of Border Control and Employment regrets the inconvenience caused to its clients in recent months, management remains committed to ensuring that there is marked and noticeable improvements in the processing of passports and the delivery of all services that fall under the Ministry.#magneticmedianews#tcipassportprocessimproves Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:#magneticmedianews #tcipassportprocessimproveslast_img read more

Ministry of Border Control and Employment Confirms Recent Intelligence on Sloop Activity

first_img Related Items:#9sloopstrytoenterTCI, #magneticmedianews, #USintelligencedetourHaitiansloops Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, June 15, 2017 – Providenciales – The Ministry of Border Control and Employment confirms that on Tuesday 13th June 2017, intelligence was received that nine sloops had departed Haiti and headed north in the direction of the Turks and Caicos Islands.Joint operations and collaboration with other regional border patrol and security agencies resulted in the course of the vessels being disrupted and up to the time of this release, no reports of sloops being in the vicinity of the Turks and Caicos were received.The Turks and Caicos Islands Government is grateful for the intervention of the US coastguard in successfully diverting what would have otherwise been an extremely challenging event for us here.The Turks and Caicos Islands remains an active member of OPBAT, Operations Bahamas, Turks and Caicos, which is a combined Coast Guard, DEA and Government of the Bahamas partnership to combat illegal migration, drug and other contraband smuggling to and from the Bahamas and as a part of this organization, the TCI continues to enjoy the success of operations such as that which deterred the nine sloops earlier this week.We continue to caution our own residents that harboring illegal migrants is a crime and such persons can now face a fine of $20,000 on summary conviction or to a term of imprisonment of four years, or to both. In addition, persons acquiring status other than by birth that are convicted of such an offense, face the possibility of having their status in the Islands revoked, thereby making them liable to deportation.Press Release: TCIG#MagneticMediaNews#9sloopstrytoenterTCI#USintelligencedetourHaitiansloopslast_img read more

Military Installations Shouldnt Be National Cyber Bases Scientist Says

first_imgUnless they are focused on protecting DOD networks, national cyber units should not be housed on military bases, according to an op-ed in Cyber units created to support federal, state and private sector resources need to be located in proximity to the nation’s critical IT infrastructure, including large data centers, to allow for a rapid response capability, writes Jan Kallberg, a research scientist at the Army Cyber Institute at West Point and an assistant professor at the U.S. Military Academy.“A cyber unit that is housed in an office building in St. Charles, Missouri, on an office floor in Federal Plaza, Manhattan, or along the I-75 corridor in northern Texas is closer to the action when it happens,” Kallberg says. “The cyber units of the future should be based where their ability to reach mission success is highest, no matter the locale.”Photo by Staff Sgt. Christopher McCullough Dan Cohen AUTHORlast_img read more

Its Blitz At 10 How The Dancefloor Classic Marked A New Era

first_imgNews Email Yeah Yeah Yeahs’ ‘It’s Blitz!’ Celebrates 10 Years its-blitz-10-how-dancefloor-classic-marked-new-era-yeah-yeah-yeahs Twitter Facebook When the GRAMMY-nominated garage-rock heroes released their third studio album in March 2009, they explored new electronic sounds and showcased their buoyant versatility, most notably on the single “Heads Will Roll”Ana YglesiasGRAMMYs Mar 18, 2019 – 3:45 pm In March 2009, New York garage-punk heroes Yeah Yeah Yeahs shared their highly anticipated third studio album, It’s Blitz!, with the world. Dropped a month ahead of its original release date (due to a then-all-too-frequent torrent site leak), the album showcased the band’s newly electronic-tinged, synth-enhanced sound, evoking a new sonic direction, but not one that rendered them unrecognizable. The LP and its unforgettable second single, “Heads Will Roll,” firmly placed frontwoman Karen O and bandmates Nick Zinner and Brian Chase as not only one of the bands to revitalize NYC’s punk scene a decade earlier, but as an act capable of evolving out of it. ‘It’s Blitz!’ At 10: How The Dancefloor Classic Marked A New Era For The Yeah Yeah Yeahs The album also earned the YYYs their third nomination—their first two LPs also earned category nods—for Best Alternative Music Album at the 52nd GRAMMY Awards. They were still, and will always be a rock group, but their shinier sound gave their music a new home under disco balls far and wide.Initially forming in New York City in the early ’00s, the trio, alongside contemporaries like LCD Soundsystem, The Strokes and Interpol, ultimately played an important role in Manhattan’s reemergence as a rock ‘n’ roll incubator. Their debut album, Fever To Tell, arrived in 2003, and Show Your Bones followed in 2006. By the time It’s Blitz! came along three years later, the YYYs’ third record allowed them to continue their leading role as sound pioneers in the alternative music space. The album embedded them deeply into the conscious of both alt-rock and alt-electronic spaces, with, as Stereogum accurately called, “dance music that had deep roots in a community of misfits.”2009 ended up being a big year in a lot of ways for the group, as they earned even widespread recognition and praise, performing at major festivals across the globe, including Coachella, Lollapalooza and Glastonbury.Showcasing their well-loved rock loudness in what many music critics lauded as a more polished package, It’s Blitz! utilized synths in a new way for the band, resulting in glittering ’70s disco and ’80s glam-punk sounds on louder tracks like “Zero,” “Dragon Queen” and “Heads Will Roll.” This was further balanced out by the relatively quieter, slower-paced tracks, like the album’s third and final single, “Skeletons,” a powerful slow burn that echoed their 2003 breakout single, “Maps.”With “Skeletons,” as well as the closing track “Little Shadow,” Karen O’s yelping voice shone but did not overshadow her anxious, self-reflective lyrics, which revealed a conversation with her dark side: “Patience, shadow / For all your sight, there’s no sight to see. / Little shadow, little shadow / To the night, will you follow me?” That just goes to show: It doesn’t always matter how successful you become: No one is immune to uncertainty about the future. In the video for “Zero” Karen sings, “You’re never so far gone / so get your leather on” as she puts on her now-iconic studded leather moto jacket. This jacket, complete with “KO” emblazoned on the back, became an indelible part of her instantly recognizable fashion sense and was one of the many pieces designed by stylist Christian Joy, whose career arguably took off by exclusively designing costumes for Karen O. In the video she dances through the streets—and on top of a car—in San Francisco, Calif. until she meets her bandmates to play in an alley and a corner store. It is a simple concept, but feels big and fun, not unlike the album as a whole.”It’s one of the simplest videos we’ve done—a lot of me walking around and joining up with the guys here and there. But I’m trying to live out a rock star fantasy of what I’d want to look and act like with this record, things I’ve always secretly been smacking my lips about,” Karen O told Pitchfork at the time. “What was really important in the process of making this record was that we made them in a really conventional, organic way at first. We had no idea that this was going to turn into more of an electronic-sounding record in the beginning. What I like least about electronic music is that there’s often an emotional detachment, so it was really important for me to avoid that,” she continued.Both guitarist Zinner and drummer Chase adapted to their new sound in the studio, with Zinner teaching himself the keyboard/piano and Chase creating different beats on the drums to chop up into different sounds on the album. The group spent several months at Sonic Ranch in Texas with their longtime producer, TV On The Radio’s Dave Sitek, who also worked on their first two albums.They also brought on Nick Launay for production for the first time, who explained his and Sitek’s complementary work styles in a 2009 interview, saying, “We have very different approaches to making records. Dave is very good with electronic stuff, that’s his thing. He’s very quick at working with sequencing and electronic elements, whereas my strength is more in emotion and organic stuff. I think the record works really well because they both complement each other and rub against each other in a way that makes it very interesting. There’s a rebellious nature to that record, and there’s also a lot of beauty.”Meanwhile, ultimate dancefloor bop “Heads Will Roll” immediately placed Karen O among ’80s pop powerhouses like Pat Benatar and Blondie’s Debbie Harry.”I feel like we’ve been trying to write a dance song that we love since the first EP, but we’ve never succeeded,” Karen O told Clash Music in August 2009. “I think one of the big sentiments that has not changed whatsoever is that we want to make a raucous, noisy, emotionally cathartic sound. We were living in New York at a time when people stood there with their arms crossed in the audience and just felt really indifferent or ambivalent about music.”At the time, “Heads Will Roll” resonated with a diverse set of listeners: the longstanding punk lovers, the indie-rock die-hards, the house music heads, the ’80s pop nostalgia crew, the disco-lovers and lots of people in between.Remixes of the song were endless, beginning with Canadian DJ/Producer A-Trak’s official remix, which came shortly after the song was released as a single in June 2009. More followed, along with a remix EP as well as unauthorized ones, including one six years later in 2015, where a SoundCloud user JVH-C sped up the song and looped the “dance ’til you’re dead” lyrics. While this remix doesn’t do justice to the actual song, it became “internet-famous” in the meme world and, along with placements of various versions of the song on TV shows (including “Glee”), video games and movies, kept the song relevant long after its late ’00s peak. Commenting on how It’s Blitz! reflected the YYYs’ garage-rock past and experimental future, Karen O said it best: “It sounds like it’s going to be our most punk record—it’s punk in spirit, at least. There’s definitely more ‘bliss’ for me on there than ‘blitz,’ but with the Yeah Yeah Yeahs there’s always got to be that ‘tz’ at the end. Otherwise, it doesn’t feel like us.”Robyn, The Isley Brothers & HAIM To Headline Pitchfork Music Fest 2019Read morelast_img read more

Biocon claims to take Syngene unit public by selling stake

first_imgBiocon claims to take Syngene unit public by selling stake16K views00:00 / 00:00- 00:00:0000:00Biocon claims to take Syngene unit public by selling stake16K viewsBusinessBengaluru, Jan 23 (ANI): Biocon Ltd would list its research services business arm Syngene by selling up to 15 percent stake in a public offer, the company said, after reporting third-quarter earnings on Friday (January 23). Biocon had previously said it planned to list Syngene but had not given a timeline. Late on Thursday (January 22), it said its board had approved starting the process of listing and hiring merchant bankers to sell 10-15 percent from Biocon’s majority stake in the unit in the public offer. Separately, Biocon agreed with Gilead Sciences Inc to licence its chronic hepatitis-C product range, it said in a statement.Ventuno Web Player 4.50Bengaluru, Jan 23 (ANI): Biocon Ltd would list its research services business arm Syngene by selling up to 15 percent stake in a public offer, the company said, after reporting third-quarter earnings on Friday (January 23). Biocon had previously said it planned to list Syngene but had not given a timeline. Late on Thursday (January 22), it said its board had approved starting the process of listing and hiring merchant bankers to sell 10-15 percent from Biocon’s majority stake in the unit in the public offer. Separately, Biocon agreed with Gilead Sciences Inc to licence its chronic hepatitis-C product range, it said in a statement.last_img read more

Reliance to acquire Sistemas Indian telecom business

first_imgTriggering a significant consolidation in telecom business in the country, industrialist Anil Ambani-led Reliance Communications on Monday announced a major accord to acquire the Indian business of Russia’s Sistema, which is operating under the ‘MTS’ brand, in a unique stock-cum-spectrum-fee payment deal.The deal first calls for a demerger of the telecom business of the Russian group’s Indian entity Sistema Shyam TeleServices, and then the acquisition of the demerged entity by Reliance Communications. Prior to that, Sistema Shyam TeleServices will pay off its existing debt. It will then get 10 percent stake in Reliance Communications post-merger, the two companies said.”In addition, Reliance Communications will assume the liability to pay the Department of Telecom instalments for Sistema Shyam’s spectrum, amounting to Rs.392 crore per annum for the next 10 years,” the companies added.Sistema Shyam Teleservices is an arm of Sistema — a publicly-traded, holding company in Russia. It also owns the MTS brand.For Reliance, the deal means an addition of 9 million customers and around Rs.1500 crore in annual revenues. This will also extend the validity of Reliance Communications spectrum in the 800 MHz and 850 MHz band in eight important circles by a period of 12 years from 2021 till 2033.The development must also be read against the backdrop of chairman Anil Ambani’s recent announcement that his company will partner with elder brother, Mukesh Ambani-controlled Reliance Jio.”The combination of our wireless businesses, through the demerger of Sistema Shyam Teleservices wireless business into RCOM for stock consideration, will generate significant capex and opex synergies for mutual benefit,” said Gurdeep Singh, president and chief executive for consumer business with Reliance Communications, reacting to Monday’s deal.”The merger is a milestone event. The combination of two leading data service providers is a clear sign of progress for the Indian telecom industry,” added Mikhail Shamolin, president and chief executive of Sistema.last_img read more

New GST rates leave service providers worried

first_imgFinance Minister Arun Jaitley addresses a press conference after the first day of the GST Council meet in Srinagar on May 18, 2017.IANSIndia on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts said could complicate compliance and leave businesses at the mercy of an intrusive tax bureaucracy.The Goods and Services Tax (GST), set to be launched from July 1, will have rates of 5, 12, 18 and 28 percent for services, in line with those applying to goods. It is a big departure from the current regime, where a single rate of 15 percent is applied on most services.The biggest argument in favour of the GST — India’s biggest tax overhaul since independence in 1947 — is that it would make it easier to do business by simplifying the tax structure and compliance.But the political challenges of striking a compromise between Prime Minister Narendra Modi’s central government and India’s federal states and territories has meant that life will get more, not less, complicated for many.For example, hotels and restaurant would be taxed on the basis of their room tariff and turnover of business. Air-conditioned restaurants will even be taxed at a higher rate under the new regime than those without.”For service providers, it is going to get troublesome,” said Saloni Roy, a senior director at tax consultancy Deloitte Haskins & Sells LLP.MULTIPLE RATESSince services account for more than half of India’s $2 trillion economy, the complexities run the risk of derailing the sector’s growth and even slowing Asia’s third-largest economy.The government, however, defended the move, saying different economic classes can’t be taxed at the same rate.Finance Minister Arun Jaitley also played down concerns that higher headline rates would inflate the tax burden on consumers. Since service providers will get tax input credits, he said, the effective tax rate will be lower.”The actual incidence on consumers will go down,” Jaitley told reporters after a two-day meeting with his counterparts from Indian states.Under the new regime, while healthcare and education services will be tax exempt, services offered at five-star hotels will be taxed at 28 percent.Telecoms and financial services will be taxed at a standard rate of 18 percent. An industry group representing mobile operators said this would further bleed a sector still smarting from a price war triggered by the aggressive market entry of billionaire Mukesh Ambani’s Reliance Jio.”This is likely to slow down the planned rollout of infrastructure,” Rajan S. Mathews, director general of the Cellular Operators Association of India.A NEW INSPECTOR RAJ?The long-awaited GST will replace a slew of federal and state levies, seeking to transform a country of 1.3 billion population into a single market.The measure has also been touted as the biggest reform undertaken by Modi to transform the South Asian nation into a business friendly destination.While it will make lives easier for manufacturers and traders as “cascading” taxes on top of taxes through the production process would be done away with, compliance for service providers would become onerous.In place of a single registration, they will be required to register in every state where they do business.There is also a risk of overzealous tax inspectors becoming more intrusive as the GST has an “anti-profiteering” provision to ensure companies pass on the benefit of input tax credits to consumers.Roy of Deloitte said implementing the provision is fraught with risks as its empowers tax authorities to ask for pre- and post-GST cost sheets from companies of their products.”It can lead to the Inspector Raj,” she warned.last_img read more