Author: Biz India

Zensors Releases Tech Wonder for 3D Vehicle Tracking

By a Staff Writer Pittsburgh, June 18, 2019 –  Today, Zensors, a Carnegie Mellon spinout and maker of cloud-based visual sensing technology  announced the release of its latest deep-learning technology entitled Car Pose Net. Previously, tracking rigid, three dimensional objects like cars using only single-view cameras was problematic. Car Pose Net fits three-dimensional (3D) pose wireframes to cars, improving tracking results, especially in difficult conditions like snow or partial visual obstructions. In a news release Zensors points out: “This unlocks incredible potential for existing city and autonomous vehicle camera systems. Because the technology can be deployed using legacy camera hardware,...

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HOLI in Hoboken

By Rimli Roy Hoboken, NJ, June 17, 2019 – More than 12,000 revelers spent much of last Saturday in Hoboken’s Pier A Park to celebrate Holi, India’s ‘festival of colors’. The event was organized by Surati and dubbed Surati Holi Hai. The group’s officers indicated that they wanted to promote peace, equality and unity through cultural diversity at this event. This celebration took place in Hoboken for the first time ever. The celebrants engaged in color play, held live performances on three stages, had interactive art, tasted street food and drinks, had a children’s zone, were entertained a disc jockey, and danced in merriment from 10 am to 8 pm. The festivities began at Jersey City Hall with what was called the Hudson River Fitness Color Walk. Attendees enjoyed live music, and attended yoga and dance workshops by various health professionals and organizations. The participants also smeared one another with colors at the start of the walk, participated in a ‘color countdown’ and made their way along the Hudson waterfront with a live dhol (drum beats) and Surati’s bhangra team. More than 150 people registered for the walk, but thousands more joined the festival throughout the day. Hoboken Mayor Ravinder Bhalla and neighboring Jersey City Mayor Steven Fullop attended this event, and bestowed their blessings on the merrymakers at event, and urged residents to support diversity and inclusion. “What I love about our festival is that it is attended...

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LBOs Do Not Increase Job Insecurity Or Redundancies, Study Finds

By Ashley Potter Leveraged buyouts do not increase redundancies or lead to the introduction of more insecure forms of work, according to new research. The findings contradict the widely-held view that leveraged buyouts – where investors use loans to buy under-performing companies they can then turn around and sell on – regularly lead to rapid job cuts and greater use of agency staff, fixed-term contracts and external contractors. Particular concerns had been raised that buyouts involving private equity funds, management buy-ins, short-term deals or high levels of debt could lead to a so-called ‘buy, strip and flip’ approach. Yet researchers at Warwick Business School, Cass Business School, and Imperial College in the United Kingdom found jobs were no less secure, even when a leveraged buyout featured a ‘perfect storm’ of all these factors. Their findings are reported in the paper, Is Job Insecurity Higher in Leveraged Buyouts? This was published in the British Journal of Industrial Relations. Kim Hoque, of Warwick Business School, said: “The labor movement has waged a concerted international campaign to highlight the impact of leveraged buyouts on job security. “However, the theory that these buyouts work only in favor of investors, not staff and other stakeholders, does not hold water. “In some instances leveraged buyouts may well have led to downsizing and job insecurity, but our analysis suggests these cases are far from the norm.” Study Analyzed Data from 1,...

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Eleven Million People Employed in Renewable Energy Worldwide in 2018

More countries tapped into the socio-economic gains of the energy transition Abu Dhabi, UAE, June 13, 2019 – Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency (IRENA). This compares with 10.3 million in 2017. As more and more countries manufacture, trade and install renewable energy technologies, the latest Renewable Energy and Jobs – Annual Review finds that renewables jobs grew to their highest level despite slower growth in key renewable energy markets including China. The diversification of the renewable energy supply chain is changing the sector’s geographic footprint. Until now, renewable...

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Africa Had the Largest % Increase in Foreign Direct Investments in 2018

June 12, 2019 – Africa led the world in 2018 in gaining the largest increase in foreign direct investments, as compared with 2017. While the additional amount of investments was only $5 billion – amounting to just $46 billion in 2018 over its $41 billion in investments in 2017 – the increase represented a significant 11 percent gain, according to a recently-published report of the United Nations Conference on Trade and Investment. The UNCTAD was established in 1964 as a permanent intergovernmental body. It is the principal organ of the United Nations General Assembly dealing with trade, investment, and...

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