Lifeboat Foundation

It was cute at first. When Xbox head Phil Spencer took the stage at E3 2018 and announced the acquisition of five notable studios – Undead Labs, Playground Games, Ninja Theory, Compulsion Games and The Initiative – the air inside the Microsoft Theater turned electric. It felt like the company was righting a wrong in its business plan and finally building an internal roster of exciting games that it could offer exclusively on Xbox platforms. You know, a few friends to keep Master Chief company.

Today’s announcement that Microsoft is buying Activision Blizzard, the largest third-party publisher in the video game industry, doesn’t feel as harmless. Four years on and numerous acquisitions later, the Activision Blizzard deal feels like an extreme escalation of Microsoft’s plans, and it could mark a turning point in the video game industry as a whole, with negative consequences for both players and developers.

So far, public reaction to the acquisition has been mixed, which makes sense for a few reasons: first, Activision Blizzard’s sheer size is daunting, and this purchase represents more money and industry power than Microsoft’s previous gaming acquisitions combined. Second, Activision Blizzard is currently the subject of multiple investigations into allegations of sexual harassment and gender discrimination at the studio, where CEO Bobby Kotick has been in charge and largely unchecked for the past 30 years. The Wall Street Journal is reporting that Kotick is poised to leave the company in a golden parachute once the Microsoft deal goes through.

CATL warns investors its expansion plans may not keep up with demand and that advanced solid-state batteries won’t be commercially available until 2035 — at the earliest.

The rules that govern stock markets in China are different than they are in other countries. Recently, CATL, the largest battery manufacturer in China, revealed plans to invest enormous amounts of money to increase its production capacity. But first it had to convince the Shenzhen Stock Exchange that its plans were realistic and in line with sound business practices. In response to several questions put to it by the stock exchange, the company said solid-state battery development faces technical difficulties that will prevent mass production from occurring for a long time yet.

According to CnEVPost, CATL was asked to explain the development of technology paths for solid-state batteries, sodium ion batteries, and hydrogen fuel cells, along with the risks that each could pose to its operations and capacity expansion. Solid-state batteries and hydrogen fuel cells have certain technical features and advantages, but there are still unresolved technical problems and barriers to mass production, the company said.

Continue reading “CATL Warns On Solid-State Batteries, Sees Supply Shortfall Ahead” »

The FT reviewed hundreds of patent applications by Meta and found references to a “virtual store” where users could buy virtual products, as well as objects that correspond to real-world items that have been sponsored by third-party brands.

A patent reviewed by the FT said brands would go through a bidding process to “sponsor the appearance of an object” inside a virtual store.

Meta’s head of global affairs Nick Clegg told the FT in an interview that the business model for the metaverse would be “commerce-led”.

For enterprises that are looking to bring a zero trust approach as a way to better secure identities and permissions, leveraging advanced AI is now essential in order to achieve accuracy and scalability, ForgeRock CEO Fran Rosch told VentureBeat.

While traditionally, zero trust decision-making has relied mostly upon rules–for instance, rejecting a user request based on an impossible geographic location– ForgeRock adds in AI algorithms that enable far greater accuracy, Rosch said. This accuracy equates to dramatically enhanced security, he said–citing an example of a recent customer that increased its entitlement rejections by 300% after deploying ForgeRock.

“Because it was previously all done by these rules, and people were rubber-stamping these entitlement requests, they were letting these things go that they should never have approved,” Rosch said in a recent interview. “That was increasing the risk to the company. Because there were people who had no business accessing HR data, and no business accessing sales data, that were getting that information. So by leveraging the AI, a 300% increase in request rejections really tightened up the security of the organization.”

Culinary Herbs & Spices For Health, Wellness & Longevity — Dr. Hamed Faridi Ph.D., Executive Director, McCormick Science Institute

Dr. Hamed Faridi, Ph.D. is the founder of Faridi Strategy Group LLC and serves as the Executive Director of the McCormick Science Institute (https://www.mccormickscienceinstitute.com/).

Continue reading “Dr. Hamed Faridi, PhD — Executive Director — McCormick Science Institute — Herbs & Spices For Health” »

If you’re looking to get a fresh start on a new career in 2022, may I suggest a new occupation as a virtual reality robot delivery driver?

Yes, that’s a job – or at least a new gig – being offered by a startup out of Minneapolis called Carbon Origins. The company, which is building a refrigerated sidewalk delivery robot by the name of Skippy, is looking to assemble a roster of remote robot pilots who will utilize virtual reality technology to pilot Skippy around to businesses and consumer homes.

Continue reading “CES 2022 Preview: Carbon Origins Wants to Merge Robot Delivery With the Metaverse” »

Billionaire Mukesh Ambani’s Reliance Industries Ltd. is buying an Indian robotics startup as the conglomerate scales up automation across its businesses, from e-commerce to new energy.

LONDON, Jan 14 (Reuters) — BP says its fast electric vehicle chargers are on the cusp of becoming more profitable than filling up a petrol car.

The milestone will mark a significant moment for BP which wants to shift away from oil and expand operations in power markets and around electric vehicles (EV).

EV charging has for years been a loss-making business as a whole for BP and rivals as they invest heavily in its expansion. The division is not expected to turn profitable before 2025 but on a margin basis, BP’s fast battery charging points, which can replenish a battery within minutes, are nearing levels they see from filling up with petrol.

Building integrated solar provides businesses with new bottom line opportunities to leverage their properties to attract a new generation of sustainability-focused consumers, and that leaves little space for fossil energy to maneuver.

More than 20 billion square feet of windows are installed every year, and the leading firm Andersen Corporation apparently plans to make some of those billions into energy efficient, transparent solar energy generators that could kick the pace of global energy decarbonization into high gear. The well-known maker of windows and doors just chipped in for a $30 million Series B funding round that will help push the not-so-well-known transparent solar innovator Ubiquitous Energy out of the startup shadows and into the bright sunshine of the global building industries marketplace.

Ubiquitous Energy Hearts Transparent Solar Windows

Continue reading “Energy Efficient, Transparent Solar Windows: You Really Ain’t Seen Nothing Yet” »