Author: Zech

date July 21, 2024 3:30:13 AM (MENAFN-IANS) New Delhi, July 21 (IANS) India’s Department of Science and Technology (DST) has recommended a grant of Rs 50 crore for the Sona Incubation Foundation (SIF) project, with Sona Institute of Technology contributing 20 per cent, SIF announced on Sunday. The Department for Promotion of Industry and Internal Trade (DPIIT) has also recommended Rs 2 crore for the incubator as part of the Startup India Seed Fund.SIF will select startups across India and provide funding to worthy ideas and grant equity participation to SIF, it said in…

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Image courtesy of Discovery MuseumImage caption, Nissan Leaf electric car cross section on display Article information Author, Pamela Tickell Post, BBC News, North East and CumbriaJuly 20, 2024An exhibition exploring the history of energy technology in the North East has opened.Newcastle’s Discovery Museum’s exhibition, “From Steam to Green – The North East’s Energy Revolution”, showcases how innovators and businesses have utilised different energy sources over the past 150 years.The exhibition focuses on Victoria’s use of fossil fuels and the green energy revolution, highlighting industries such as Nissan in Sunderland, the first company in Europe to mass-produce electric cars.Organizers said they…

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Software development giant Amdocs is facing a round of layoffs that could affect 5-10% of its workforce, including its Israeli employees. As of 2023, the global company employs 30,695 people, and the layoffs could apply to around 3,000 employees, although the final figure has yet to be determined.The round of layoffs comes against the backdrop of declining investment from telecommunications companies in the U.S., the company’s main market. This is not the first round of layoffs by the software giant: two rounds of layoffs took place last year, resulting in the termination of the employment of around 2,700 employees,…

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According to a new report, over 77% of Indian startups are now investing in advanced technologies such as AI, Machine Learning (ML), Internet of Things (IoT) and Blockchain. NEW DELHI: The Indian startup ecosystem saw funding of over $200 million across 25 deals this week, a significant increase from around $116.26 million raised last week.Seed funding by domestic startups increased 17% this week to $9.78 million from $8.33 million last week.The fintech unicorn has secured $30 million in debt financing from Neo Asset Management’s Credit Opportunities Fund.Community-driven mobility app, Namma Yatri, has raised USD 11 Mn (approx. INR 920 Mn)…

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AI

A year ago, the head of the Paris Olympics boldly declared that the French capital would be “the safest place in the world” when the Games opened this Friday. With police forces patrolling the streets of Paris, fighter jets and soldiers on standby, and a heavy security barrier of metal fencing erected like an Iron Curtain on both sides of the Seine, the centerpiece of the opening show, Tony Estanguet’s confident prediction now doesn’t seem so far-fetched. France’s heavy police and military deployment is a major reason the Olympics, which run from July 26 to August 11, presents unprecedented security…

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Recognizing the critical importance of securing operational technologies (OT) that manage and operate critical energy systems such as electricity, oil, and natural gas, the G7 countries decided to develop a joint cybersecurity framework focused on these technologies. On the same day that the G7 announced their plan, the U.S. Department of Energy (DOE) issued new Supply Chain Cybersecurity Principles that focus on fundamental actions and approaches needed for the global energy supply chain to build stronger cybersecurity postures for energy automation and industrial control systems (ICS). The G7 effort will improve the security and resilience of global supply chains for…

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So you’ve read your data into an R object. Now what? Examine your data object Before you start analyzing, you might want to take a look at your data object’s structure and a few row entries. If it’s a 2-dimensional table of data stored in an R data frame object with rows and columns — one of the more common structures you’re likely to encounter — here are some ideas. Many of these also work on 1-dimensional vectors as well. Many of the commands below assume that your data are stored in a variable called mydata (and not that mydata…

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A recent report by SAP India and Dun & Bradstreet highlighted transformative trends in the Indian startup ecosystem, revealing that over 77% of Indian startups are actively investing in emerging technologies such as Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Blockchain, etc. This surge in technology adoption underlines the critical role that these innovations are playing in shaping the future of entrepreneurship in India. Sanket Deodhar, vice president and head of Digital Native, India Subcontinent, SAP, highlighted that technology is the foundation and key differentiator for startups looking to build sustainable business models and improve financial performance.…

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The Nigerian Federal Government’s initiative to develop a home-grown blockchain infrastructure has received significant support from the National Blockchain Policy Implementation Steering Committee. Two weeks ago, the government unveiled its plans to build a home-grown blockchain, emphasizing the importance of data security and privacy in the effort. Support from key stakeholders The committee’s chair, Chimezie Chuta, expressed strong support for the initiative in a discussion with The Punch. Chuta deemed the initiative of a national blockchain infrastructure an important and positive step. He highlighted that countries such as India, China, the UAE, South Korea and Singapore have already built blockchain…

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PARIS (AP) — A year ago, the head of the Paris Olympics boldly declared that the French capital would be “the safest place in the world” when the games opened this Friday. With police forces patrolling the streets of Paris, fighter jets and soldiers on standby and a heavy security barrier of metal fencing erected like an Iron Curtain on both sides of the Seine River that will be the centerpiece of the opening show, Tony Estanguet’s confident prediction now doesn’t seem so far-fetched.France’s heavy police and military deployment is a major reason the Olympics, which run from July 26…

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