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New algorithms and tools accelerate embedded vision adoption

first_imgTraditionally, computer vision applications have relied on highly specialized algorithms painstakingly designed for each specific application and use case. This meant that designing for computer vision was hard, and this significantly slowed the adoption of vision-based applications. Additionally, this made new applications very expensive and time consuming.However, there has been a democratization of computer vision. By that we mean it’s becoming much easier to develop computer vision-based algorithms, systems and applications, as well as to deploy these solutions at scale – enabling many more developers and organizations to incorporate vision into their systems.Deep learning is one of the drivers of this trend. Because of the generality of deep learning algorithms, there’s less of a need to develop specialized algorithms. Instead, developer focus can shift to selecting among available algorithms, and then to obtaining the necessary quantities of training data.Deep neural networks (DNNs) have transformed computer vision, delivering superior results on tasks such as recognizing objects, localizing objects within a frame and determining which pixels belong to which object. Even problems previously considered solved with conventional techniques are now finding better solutions using deep learning techniques.As a result, computer vision developers are increasingly adopting deep learning techniques. In the Alliance’s most recent survey, 59% of vision system developers are already using DNNs (an increase from 34% two years ago). Another 28% are planning to use DNNs for visual intelligence in the near future.Another critical factor in simplifying computer vision development and deployment is the rise of cloud computing and much better development tools. For example, rather than spending days or weeks installing and configuring development tools, today engineers can get instant access to pre-configured development environments in the cloud. Likewise, when large amounts of compute power are required to train or validate a neural network algorithm, this compute power can be quickly and economically obtained in the cloud.Cloud computing offers an easy path for initial deployment of many vision-based systems, even in cases where ultimately developers will switch to edge-based computing to reduce costs. Our most recent survey found that 75% of respondents using deep neural networks for visual understanding in their products deploy those neural networks at the edge, while 42% use the cloud. These figures total to more than 100% because some survey respondents use both approaches.The world of practical computer vision is changing very fast – opening up many exciting technical and business opportunities. You can learn about the latest developments in computer vision at the Embedded Vision Summit, May 20-23, 2019, in Santa Clara, California. The event attracts a global audience of more than one thousand people who are developing and using computer vision technology. — Jeff Bier is the founder if the Embedded Vision Alliance. >> This article was originally published on our sister site, EE Times: “Tools, Algorithms Drive Embedded Vision.” For more articles related to embedded vision, see: – Embedded vision builds on specialized co-processors – Open-source software meets broad needs of robot-vision developers – Computer vision for the masses: bringing computer vision to the open web platform Can be deployed at low cost and with low power consumption Is usable by non-specialists Since we started the Embedded Vision Alliance in 2011, there has been an unprecedented growth in investment, innovation, and use of practical vision technology across a broad range of markets. To help understand technology choices and trends, the Embedded Vision Alliance conducts an annual survey of product developers.In the most recent iteration of this survey, completed in November 2018, 93% of respondents reported that they expect an increase in their organization’s vision-related activity over the coming year (61% expect a large increase). This increase would not be possible without extensive work on new algorithms and development tools to speed adoption of vision-based systems.Three fundamental factors are driving the proliferation of visual perception. It increasingly Share this:TwitterFacebookLinkedInMoreRedditTumblrPinterestWhatsAppSkypePocketTelegram center_img Leave a Reply Cancel reply You must Register or Login to post a comment. This site uses Akismet to reduce spam. Learn how your comment data is processed. Continue Reading Previous Syslogic: rugged computers and HMI systems for construction machineryNext How smart sensors enhance ADAS designs Works well enough for diverse, real-world applicationslast_img read more

a month agoChelsea boss Lampard pleased with 2-goal Batshuayi: We need him

first_imgChelsea boss Lampard pleased with 2-goal Batshuayi: We need himby Paul Vegasa month agoSend to a friendShare the loveChelsea boss Frank Lampard was pleased with striker Michy Batshuayi for his two goals in their Carabao Cup win over Grimsby.The Blues ran out 7-1 winners to set up a round of 16 tie with Manchester United.Lampard said, “He has worked hard and trained well. He came on at Wolves and made an impact, came on against Liverpool and nearly made an impact and that is great for me when you give a message and someone shows they can train daily and improve there. “Michy has talent, he can hold the ball up and use both feet and can score goals, and he is important for us. He got his chance and scored goals tonight which is good because we need options up front.” About the authorPaul VegasShare the loveHave your saylast_img read more

Ray Rice Was Awful When He Last Played Football

On Friday, an arbitrator overturned the indefinite suspension of former Baltimore Ravens running back Ray Rice, who violently assaulted his then-fiancee (now wife) in an elevator in February. The arbitrator found that NFL commissioner Roger Goodell was not misled by Rice when Goodell initially suspended Rice for two games, and that Goodell’s decision to extend Rice’s ban — following enormous public outcry after the release of a more graphic video of the incident — was “arbitrary.”The ruling means Rice is free to sign with any NFL team, and reports Sunday were that at least four teams were interested. Ethically, there’s no escaping Rice’s scandal and the probable uproar his signing would bring to whichever team takes a chance on him. But there’s also the question of whether Rice is even worth having on the field.From 2009 to 2012, Rice was arguably the best running back in football. But in 2013, he was horrific, ranking last in yards per rush among RBs with at least 200 carries. In fact, restricting the comparison to his contemporaries actually understates how bad Rice was a year ago; among all historical NFL running back seasons of 200 or more carries, only five saw a lower yards-per-carry average than Rice’s 3.08 mark in 2013.Yards per carry isn’t everything, of course. It can be highly volatile from year to year (or even within the same season), overly responsive to a handful of anomalous long runs and not representative of the fact that, when they run the ball, coaches are trying to maximize “success rate” — the rate at which a play increases the team’s expected points — not yards per play.But Rice also had the league’s worst success rate among running backs with 200 or more carries in 2013. And spearheaded by Rice, the Ravens’ rushing offense was the least efficient in football. Furthermore, Pro Football Focus’s play-by-play grading metrics, which measure how well a player fulfilled his responsibilities on a given play, rated Rice as the worst halfback in the NFL a season ago — not only because he was the worst rusher (by far), but also because he was the league’s fifth-worst blocker at the position. (It doesn’t help Rice that his replacement on the Ravens, Justin Forsett, is averaging 5.6 yards per carry and already has 349 more rushing yards this season than Rice had in 2013 — on 35 fewer carries.)So, by any standard, Rice was awful when he last played. And at age 27, he’s at the point on the running back aging curve where production starts to fall off a cliff. FiveThirtyEight contributor Chase Stuart looked at a cohort of recent RBs who had good careers (at least 5,000 career rushing yards and 40 rushing yards per game) and found that nearly a third of them were washed up by the end of their age 28 season. Almost two-thirds were finished by age 29.Even after his reinstatement (and the requisite quotes about Rice having stayed in “great shape” during the ban), Rice is unlikely to contribute to a team in any meaningful way this season. So whoever signs him is looking at maybe two more seasons of any productivity from him — and that’s without factoring in a year of rust and just how bad Rice was when he last took the field. Combined with the seemingly inevitable backlash his signing will cause, it’s tough to find any logical reason to give Rice another chance in the NFL. read more

40 former Buckeyes make NFL rosters

OSU redshirt junior safety Tyvis Powell celebrates the Buckeyes’ 44-28 win in the Fiesta Bowl on Jan. 1. Credit: Lantern File PhotoAfter having a league record 12 players drafted in the first four rounds of the 2016 NFL draft, the depth of former Ohio State Buckeyes in the NFL does not stop there. With the release of the 53-man rosters, 40 former Buckeyes have secured spots with NFL teams for the 2016 season, including 14 members from the class of 2016.Undrafted free agents Jalin Marshall and Tyvis Powell were the biggest question marks throughout training camps concerning former Buckeyes making rosters. However, both Marshall and Powell made the final roster cuts for the New York Jets and Seattle Seahawks, respectively.Leading the 2016 Ohio State draft class, Joey Bosa and Ezekiel Elliott are expected to step in and make a large impact for the San Diego Chargers and Dallas Cowboys, respectively. Cardale Jones made Buffalo Bills’ roster after throwing for 362 yards and one touchdown in three games of the preseason.Third-round pick of the Houston Texans, Braxton Miller, hopes to inject the offense with instant playmaking ability, similar to what he did in his final year at OSU. Miller will be competing for playing time with a number of young receivers that Houston has been able to gather through the past few drafts.Former quarterback turned receiver for the Cleveland Browns, Terrelle Pryor, has been able to find a good relationship with his new teammate Robert Griffin III after having a limited role last year. Marshall will be joined in New York by 2015 alumnus, Devin Smith, who missed the end of last season after a torn ACL in week 14. Smith will be eligible to play post-week six after opening camp on the Physically Unable to Perform list.The NFL season opens on Thursday, Sept. 8, when the Carolina Panthers play the Denver Broncos. Six former Buckeyes will play in that game. read more

Ohio State football on Nebraska We owe them

For a majority of the Ohio State football team, one thought comes to mind when they think of Saturday’s upcoming game against Nebraska: “We owe them one.” Some OSU players threw that phrase around after the team’s Wednesday practice at the Woody Hayes Athletic Center. First-year OSU coach Urban Meyer wasn’t part of the Buckeyes’ 34-27 loss in Lincoln, Neb., last season, but he understands his players want revenge. “I have heard them talk about this,” Meyer said Wednesday. “I’ve actually heard, I haven’t brought it up – maybe this weekend or Friday, I’ve got to evaluate where we’re at – but I hear them saying ‘We owe this team.’” Under the lights OSU will have quite the stage for revenge Saturday, with the game being a nationally televised broadcast on ABC, under the lights, with kickoff scheduled for 8:00 p.m. That should help the No. 12-ranked Buckeyes’ chances against the No. 21-ranked Cornhuskers, as Ohio Stadium should be closer to being the “inferno” Meyer has said many times he hopes The Horseshoe can be. Preparing for a night game can pose challenges, though. Players have much more time than usual waiting for kickoff, and what OSU will do Saturday morning and afternoon is something Meyer is still considering. “We’re still finalizing our plans for it. The good thing is, we have a lot of experience with night games, (OSU strength coach Mickey Marotti) and I,” Meyer said. “We want them rested. We have an idea but it hasn’t been completed yet.” Injury update OSU will be without at least one of their playmakers Saturday. Senior running back Jordan Hall will not play in Saturday’s contest as he is still recovering from an injury to his right knee. Buckeye redshirt junior safety C.J Barnett is a “maybe.” “Is there a maybe category? He’s got to get a lot better. He’s still limping around,” Meyer said. Sophomore defensive end Michael Bennett will play after suffering a groin injury before the Buckeyes’ game against Miami. Deep threat Twice this season, and once last year, OSU sophomore quarterback Braxton Miller and sophomore wide receiver Devin Smith have hooked up for a long, game-winning touchdown through the air. Throwing deep is something Meyer said he would like to do more often. He now trusts both Miller and Smith to make connections on long passes, but he wasn’t able to say that in the spring. “If you were to say that before Spring Game – April 21 or something – if you said that April 14 I would have looked at you like you had seven heads. (Smith) has earned that right,” Meyer said of Smith running deep patterns. Defending Nebraska The Huskers don’t have a big, bruising running back like the Buckeyes had to defend last week in Michigan State junior tailback Le’Veon Bell. Many of Nebraska’s players, both offensive and defensive, are of the quicker and leaner build. Don’t say Nebraska isn’t physical, though. “No, no, no. This is a tough outfit. It’s a very physical defense. They fly around. A much different scheme, they try to push you east-west,” Meyer said. Against MSU, the Buckeyes had to focus on mainly just one player – Bell. Nebraska has three capable runners: redshirt junior quarterback Taylor Martinez, senior running back Rex Burkhead and sophomore tailback Ameer Abdullah. Meaning the OSU defense doesn’t have much room for error. “You miss (Martinez) and it’s a home run. That Burkhead just keeps coming at you, coming at you. Their offensive line, I think their offensive line is very good. They block several players as well as anyone I’ve seen,” Meyer said. read more

Bayern Munich set to target Paulo Dybala

first_imgBayern Munich are prepared to pursue their reported interest in Paulo Dybala in this summer’s transfer window if Robert Lewandowski chooses to leave the club, claims The SunThe Poland international has been strongly linked with a move to the likes of Real Madrid, Chelsea and Manchester United over the past year with Lewandowski believed to be growing frustrated by Bayern’s continued failure to win the Champions League title since his arrival from Borussia Dortmund in 2014.Should the 29-year-old choose to leave in the summer, Bayern will then target Dybala and the German club are convinced that they can sign the star from Juventus for a club-record transfer fee of £88million.rb leipzig, bayern munichReport: Bayern are held by Leipzig George Patchias – September 14, 2019 Bayern Munich was held to another draw, this time by RB Leipzig.Bayern Munich finds themselves in the unfamiliar position of sitting third in the…However, Bayern are not the only ones interested in signing the Argentine forward with Atletico Madrid also keen on signing Dybala at the end of the season.The two-time Europa League winners are resigned to losing Antoine Griezmann to La Liga rivals Barcelona and believe that the signing of Dybala will help soften the blow of losing their star striker.The 24-year-old has scored an impressive 21 goals in 30 Serie A games this season.last_img read more

Kane targets UEFA Nations League trophy

first_imgHarry Kane has urged his England teammates to win the UEFA Nations League in the bid to end their trophy drought after reaching the semifinals next summer.The Three Lions came from behind to beat World Cup runners-up Croatia 2-1 at Wembley, a result that saw Gareth Southgate’s side progress to a four-team mini-tournament in Portugal and relegated their opponents.“It’s definitely an opportunity for us,” Kane told ESPN. “It’s another semifinal, two wins away from winning a trophy, so whoever we play will be a tough game when you look at the other groups.“We are going to have to beat another top nation, but we have shown we can do it.“It is a great feeling, I said the other day, nobody really knows how big this competition is going to become, you don’t really get many opportunities to win a tournament in an England shirt, so we have got to try and take full advantage of that. And it’s another semifinal for the fans to look forward to as well.Jadon Sancho, Borussia DortmundCrouch: Liverpool could beat Man United to Jadon Sancho Andrew Smyth – September 14, 2019 Peter Crouch wouldn’t be surprised to see Jadon Sancho end up at Liverpool one day instead of his long-term pursuers Manchester United.“We are professionals, we want to win everything we do, whether it is a new tournament or an old tournament we want to win. It’s a chance to win a trophy in an England shirt so we are going to try and do that.”Kane highlighted the Wembley crowd was a major factor in spurring them on to victory.“It’s incredible, I’ve never seen Wembley like this in an England shirt,” he said. “We want to make everyone proud. I know they’ll enjoy this one.“We felt the crowd. We felt their presence. That’s what we need everywhere we go. It felt good. The lads stuck at it, we showed our character, stayed calm and deserved to win.”last_img read more

Sergio Ramos receives the Seven Stars of Madrid prize

first_imgReal Madrid captain Sergio Ramos was awarded the Seven Stars of Madrid prize for the best sportsman on Thursday afternoonThe 32-year-old defender’s successes both on the pitch and in promoting sports across Spain over the years was acknowledged at the Real Casa de Correos in Madrid.The head of Madrid’s regional government, Angel Garrido, was the one who presented Ramos with the prestigious award.“It gives me a real sense of both joy and pride to have been named best male athlete at the Seven Star of Madrid awards,” said Ramos at the ceremony, as quoted on the club website.“I am even more thrilled to get a prize for promoting and embodying sporting values.Jose Mourinho, Lionel MessiMourinho: “Lionel Messi made me a better coach” Andrew Smyth – September 14, 2019 Jose Mourinho believes the experience of going up against Barcelona superstar Lionel Messi at Real Madrid made him a greater coach.“I am from Seville, Andalusia and I certainly feel it, but the region of Madrid welcomed with open arms 13 years ago and it is here where I have grown as a person and a professional, and I feel at home at here.“I am proud to be Real Madrid captain and we have represented the region throughout the world in the best way possible, winning titles, providing the people of Madrid real moments of joy and always trying to live up to what the region represents.“Thank you all. I will keep working hard and giving my all to represent what this award means and the seven stars of the region of Madrid.”Ramos, who has scored seven goals in 28 appearances for Real Madrid this season, will now turn his focus to tonight’s Copa del Rey return leg against Leganes.Los Blancos hold a 3-0 aggregate lead from last week’s first leg with tonight’s game to begin at 21:30 (CET).last_img read more

Dzeko cant explain Roma turnaround in form

first_imgAS Roma forward Edin Dzeko was at loss to explain how they went from losing on Saturday to producing a convincing 3-0 win over CSKA Moscow in just three daysThe Bosnian stole the show in Tuesday night’s Champions League showdown in the Italian capital with a match-winning double as Roma moved level on points with Real Madrid at the top of Group G.It marked a welcome return to form following Saturday’s disappointing 2-0 home loss to SPAL in the Serie A.But Dzeko, who has now scored five goals in just three Champions League games this season, could only guess what prompted the drastic turnaround in form.“It’s difficult to say why [we perform so well], when three days ago we need to do more to win against SPAL,” Dzeko told the club website.Top 5 Atletico Madrid players to watch in next week’s UCL Tomás Pavel Ibarra Meda – September 14, 2019 With the Champions League about to start, we need to start talking about the Top 5 Atletico Madrid players to watch in the competition.Atletico…“Today we gave everything – clearly we need to find more consistency, both personally and as a team.”He added: “Today’s result doesn’t change our job. We need to keep winning and we know it will be another tough game in Moscow that we need to go out and win all over again.”On the other hand, Roma coach Eusebio Di Francesco lamented that Dzeko couldn’t have the net last weekend after his superb display on Tuesday.The Giallorossi will next face CSKA again in the Champions League on November 7 at Moscow.last_img read more

Jorge Valdano Underestimating Santiago Solari is not wise

first_imgIn a column for El Pais, Argentine Jorge Valdano hailed his compatriot Santiago Solari’s football wisdom by reminding everybody of his roots.Even before the first ever match that Santiago Solari managed as the interim Real Madrid manager, it was evident that football scholars like Jorge Valdano would praise the man’s football wisdom.The whole manner in which the Argentine manager arrived in Real Madrid by taking Julen Lopetegui’s spot in the hot seat, didn’t go as probably many of the people who know Solari expected.One of the football legends who know Santiago and has watched him grow throughout his career is Jorge Valdano, another Argentine former player who has a bright past in Real Madrid and is one of football’s most respected voices.Him and Solari share a bond that is very unique, both of them have featured in the Spanish journal El Pais, where they have written countless opinion pieces about La Liga football and Jorge is currently writing every single week.This past week’s piece needed to talk about Santiago’s irruption in the club and how much it means for the man to take the seat in the club that became the bedrock of his whole career, but Valdano was very surprised by the first press conference that Solari ever gave to the press.”Conviene no subestimar a Solari, debajo de su impecable traje hay un balón lleno de barro”, escribe Jorge Valdano. En @elpais_deportes https://t.co/HgoqHc6gET— EL PAÍS (@el_pais) November 3, 2018As we may have discovered in the opinion pieces he has written in the past, Santiago Hernan Solari is a very educated man who has a rich knowledge of the Spanish language.During most of his first moments with the press ahead of Los Blancos’ Copa del Rey match against Melilla, Solari was himself and offered an eloquent set of responses that are in line with his personality.However, there was a minor moment that had a big impression with everybody who knows him after he said that the squad needed to play with “balls”.Using profanity has never really been a trade that Santiago entertains in the way he conducts himself, but he felt that it was needed at that moment for some reason.The reaction from the press was pretty quick, something that appeared to have angered Valdano because he felt the need to come out and defend his compatriot on his latest opinion piece for El Pais.In his words, we can tell that Jorge didn’t take the criticism against Solari very well because he believes the backlash came from a negative place and from people who usually come after Real Madrid for no reason.Valdano wanted to remind everyone, that Solari may have used slight profanity but his football knowledge remains intact.Fati and Suarez shine against Valencia at Camp Nou Tomás Pavel Ibarra Meda – September 15, 2019 With a mesmerizing first half from Ansu Fati and a brace from Luis Suarez in the second half, Barcelona demolished Valencia at Camp Nou.Valencia…¡Solari debuta como técnico del @realmadrid en el Bernabéu! 👌#RealMadridRealValladolid pic.twitter.com/xntbXNXXwj— LaLiga (@LaLiga) November 3, 2018“And along came Solari, ‘with two balls against Melilla’,” wrote Jorge Valdano for El Pais.“The statements that didn’t sit well in Real Madrid’s public farewell to Lopetegui, where the club bragged about their seven Ballon d’Or nominated players.”These types of unfortunate statements are the reason people dislike Real Madrid so much sometimes. On one side, they do have an incredible roster.”“But on the other side, there will always be that persistent claim of authority and superiority coming from Real Madrid. Just to sum this up, I guess that Santiago was referring to a set of Balls d’Or.”“Solari doesn’t have that particular dysfunction, he has a much more complex personality. Even though he may be capable to fully understand Nietzsche, he also comes from a family where everyone is a professional in football.”“When every single member of that family decided to hang up their boots, they made the decision to go back to the more amateur side of the game where uneven football pitches and old footballs were the norms.”“All of them wanted to keep teaching football from a place of wisdom, astuteness, and sacrifice. Santiago has absorbed all of that since he was a kid, which is why underestimating him is not wise.”“Because under that elegant suit, there is also a ball covered in mud,” he wrote.Vinicius abrazando a Solari😍😍😍😍 pic.twitter.com/Nk7SZ7PBfF— Real Madrid™ (@RMadridSoccer) November 3, 2018What do you think about Santiago Solari’s first two matches as the Real Madrid manager? Please share your opinion in the comment section down below.last_img read more

Navy Considers Enlarging NAS Lemoore

first_imgA sharp increase over the next three years in the number of personnel and aircraft based at Naval Air Station Lemoore in central California has prompted Navy officials to begin discussions with local leaders about the possibility of expanding the 19,000-acre base.At a luncheon Monday at the Rotary Club of Fresno, Capt. Monty Ashliman Jr., the base’s commander, praised the station’s surrounding communities for their willingness to consider a possible expansion. Ashliman emphasized the need for the base and its neighbors to avoid conflicts that could interfere with Lemoore’s mission.“Without our military installations and surrounding communities working in coordination with one another, we run the risk of minimizing training opportunities available,” he told the audience, reported the Fresno Bee.A 25 percent jump in personnel at the base, home of the Pacific Strike Fighter Wing, is expected as DOD diverts 60 percent of its spending to the Pacific theater, the commander said.Lemoore, which already is the largest naval installation in the country for carrier-based aircraft, will gain more than 3,000 people, including family members, before 2019. The Navy will add two F-18 fighter jet squadrons by the end of 2018 to the 15 F-18 squadrons — plus one auxiliary squadron — now stationed there. In a year, F-35 crews will start arriving at the installation.An expanded mission can be expected to bolster the central San Joaquin Valley economy, according to the story.In addition to expanding its boundaries to accommodate its expanded mission, Lemoore also will need to obtain more water to farm vacant land on the installation. Growing crops on the land helps control the rodent population, which in turn limits the number of birds at the installation — a serious threat to aircraft operations. Dan Cohen AUTHORlast_img read more

Jet Airways layoffs After pay cut plans failed to materialise airline letting

first_imgA Jet Airways Boeing 777-300ER taxis at San Francisco International Airport, San Francisco, California, February 16, 2015.Reuters fileA Jet Airways Boeing 777-300ER taxis at San Francisco International Airport, San Francisco, California, February 16, 2015.Reuters fileIt looks like the buzz around Jet Airways is not going to die any time soon. After it was said that the airline had asked it staffers to take a 25 percent pay cut – plans that did not materialize – Jet is now reportedly mulling handing out pink slips to about 500 of its ground personnel.Not just that, the airline may also reportedly reorganise and trim the cabin crew on its Boeing and Airbus fleet, reported Financial Express. India’s second largest airline, Jet has already been facing financial woes due to rising competition, adverse effect of foreign exchange and high fuel prices, and is now said to be looking at ways to cut costs.Jet Airways plans to cut down the number of cabin crew members to four or five – depending on the sector – from the current six when it comes to its single-aisle aircraft. For larger aircraft, the number is likely to be brought down to 12 from 13 and to eight from nine when it comes to the Airbus.Sources also told FE that Jet Airways will also consider a move in which it may not renew the contracts of its senior cabin crew members, as they are much more expensive than junior and mid-level employees.However, the Naresh Goyal-founded company has denied all reports of layoffs and said that Jet has no such plans in place. “Jet Airways undertakes frequent review of service procedures and crew complement on aircraft,” the airline told FE . “Jet Airways emphatically denies any conjecture of ground staff rationalisation, as is being speculated.”This comes days after it was reported that Jet had asked its staffers to take a pay cut of up to 25 percent August 2018 onwards. It was said that the percentage would depend on the earnings of the employees and range from 5 percent for those who earn about Rs 12 lakh per annum to 25 percent for those who earn Rs 1 crore and more a year.An airline source had even told the Economic Times that pilots could face a pay cut of about 17 percent, which in turn would save the company about Rs 500 crore.But Jet Airways refuted these reports and said that no one in the company was asked to leave. Labelling the reports “factually incorrect” and “malicious,” chief executive officer Vinay Dube, on August 3, said that the airline was consistently taking up several measures to cut costs without affecting the employees.”The dialogue with employees has been to apprise them of the challenges being faced by the aviation sector in India and by the Company in particular, with an intent to enlist their full support and cooperation for realising necessary savings across all business functions,” NDTV quoted Dube as saying.Meanwhile, the airline had last year asked its pilots to take a 30 percent pay cut. In July 2017, Jet Airways had asked its junior pilots, who joined the brand in 2016, to take a 30 percent pay cut or leave.In a bid to trim costs, Jet Airways had reportedly made a few changes to the pilots’ contracts, making it mandatory for them to take 10 days of leave in a month apart from their weekly offs. This, in turn, would result in a 30 percent reduction in their salaries. The pilots were then given until the end of the month to take a decision. Jet AirwaysSAJJAD HUSSAIN/AFP/Getty Images”As a valuable asset to the company, we would like to ensure your continued employment while simultaneously balancing our cost structure. As an interim measure, we shall be offering you a Lifestyle Work Pattern which entails 10 days block off per month with the appropriate remuneration. This will be effective August 1,” the private full-service carrier told its employees in a note, according to Reuters.”In case you do not wish to accept the above terms and desire to seek alternate opportunities, within the industry or outside, you may revert by July 31, 2017. In such a case, we shall assist you by facilitating the necessary formalities as may be required.”Jet Airways, a full-service airline, currently has a fleet of 121 aircraft and flies to 66 destinations worldwide.last_img read more

BNPJamaat to destroy country if returns to power says Hasina

first_imgPrime minister and ruling Awami League president Sheikh Hasina addresses a programme organised to mark the 27th founding anniversary of the party’s voluntary wing, Awami Swechchhasebak League, at the prime minister’s official residence Ganabhaban in Dhaka on Friday. Photo: BSSBangladesh Awami League (AL) president and prime minister Sheikh Hasina on Friday alleged her arch rivals Bangladesh Nationalist Party (BNP) and Jamaat-e-Islami would “just destroy the country with their unbridled looting and corruption if they return to power as they did in the past”, reports UNB.”… they’ll just eat up the country through their looting if they get back to power…there’ll be no change in people’s fate,” she said.The prime minister said this when leaders and activists of AL’s voluntary wing Awami Swechchhasebak League met her on the occasion of the founding anniversary of their affiliated body at the prime minister’s official residence Ganabhaban in the capital.She claimed that Khaleda Zia could not restrain herself from embezzling even orphans’ money. “How they’ll give anything to people returning to power…they won’t be able to give anything to people, they’ll just engage themselves in looting and corruption.”Sheikh Hasina, also the president of the ruling Awami League, mentioned that the BNP chief is now in jail for embezzlement of orphans’ money. “We didn’t put her in jail for political reason. Had we wanted to do that we could have done that in 2013, 2014 and 2013.”She said the people of the country have no trust and faith in the BNP-Jamaat clique. “This has been proved,” she said.Talking about the unabated corruption and money laundering during the BNP-Jamaat regime, the prime minister said these have been proved in the USA, too.She also said Awami League brought back the confidence of people in government after its return to power through the 2008 election.”If anyone does politics for personal gains that politics cannot give anything to the country, and that person takes everything for himself or herself…history never pardons such person,” Hasina said.The prime minister also said if the politics is just in the interest and welfare of people, then the politicians can give something to the country. “And we’re doing that.”She said the main aim of the Awami League is to build the fate of people, not its own. “I’m not there in politics to make own fortune… I just want one thing-to change the fate of people.”Hasina said the government has already ensured food security in the country and want to make it a poverty-free one. “We’re implementing programmes to that end.”last_img read more

Search For Motive In Austin Bombings Continues US Attorney Says

first_img Share JORGE SANHUEZA-LYON / KUTU.S. Attorney John Bash and other federal and local law enforcement officials provide an update into the Austin serial bombings investigation.A judge has dismissed a complaint against confessed Austin bomber Mark Conditt now that his body has been identified and released to his family, U.S. Attorney John Bash said today. The investigation into a motive is ongoing, he added.At an afternoon news conference with other law enforcement officials, Bash said there is no other suspect in last month’s bombings, which killed two people and seriously injured four others.“We are looking through very voluminous computer records to examine his intent and motivations,” Bash said, “and so there is still an ongoing investigation, and we do urge the public to remain vigilant about suspicious packages and to contact the APD if you notice a suspicious package.”He said there’s no reason to believe any additional bombs will be found, however. U.S. Magistrate Judge Mark Lane unsealed an affidavit earlier Monday for an arrest warrant for Conditt, who killed himself in a car along I-35 in Round Rock as a SWAT team closed in on him March 21. The affidavit says all six bombs had elements in common, including shrapnel and the same type of battery holder bought by someone who appears to be Conditt using a credit card that belonged to him.It also says surveillance video shows a man who appears to be Conditt buying a “Drive Like Your Kids Here” sign like one used to conceal a bomb that injured two people in the Travis Country neighborhood. In the same transaction, the man bought gloves consistent with those worn by the person who sent two packages later revealed to contain bombs from a Sunset Valley FedEx store.  FBI Special Agent in Charge Christopher Combs said authorities were weighing the public’s desire to know what was on the bomber’s recorded confession against public safety concerns.“We are concerned that it could inspire other people to do other acts,” he said. “The subject in the audio confession says a number of statements that concern us and we just don’t want that to live forever on the Internet.”last_img read more

Indias No 1 Bitcoin Exchange Shutdown In No Way Reflects Bitcoins True

first_img Register Now » Opinions expressed by Entrepreneur contributors are their own. Following a recent cautionary statement by the Reserve Bank of India directed at people who buy and sell digital currencies, India’s largest Bitcoin exchange service has suspended its operation.”This is being done to protect the interest of our customers and in no way is a reflection of Bitcoin’s true potential or price,” BuySellBitco.in said on its website. The trading platform was reportedly processing about 12 million rupees, or about $194,000, worth of Bitcoin transactions each month prior to the announcement.The shutdown looks like a precautionary measure, one that will shield the service from potentially forthcoming legal restrictions on digital currency businesses. On Christmas Eve, India’s central bank, which controls the nation’s monetary policy, released a statement warning Indian citizens of the risks associated with virtual currencies, including price volatility, vulnerability to hackers and a lack of ability to resolve payment disputes. However, unlike China, India’s government stopped short of banning financial institutions from handling Bitcoin-related transactions.The Reserve Bank of India “is presently examining the issues associated with the usage, holding and trading of virtual currencies under the extant legal and regulatory framework of the country,” Ajit Prasad, assistant general manager of the bank, said in the statement.BuySellBitco.in isn’t the only Bitcoin-related business in India to shut its doors following the central bank’s advisory. Another trading platform, INRBTC, has also suspended its services indefinitely. Citing the fact that people who buy and sell digital currencies are “exposed both legal and financial risks,” the exchange said on its website that “the only option left now is suspend the services until further arrangements can be made.”Just as China entered the Bitcoin market in a big way earlier this year — with the platform BTC China, which is open only to Chinese users, becoming the world’s largest in short order — Indian interest in the digital currency has grown in recent months, allowing India-based Bitcoin exchanges to spring up. But now their future appears to be in doubt.And yet Bitcoin is still the most valuable currency in the world. While down from the high of more than $1,200 that it reached last month, it remains well above $266, its previous high value before November.At 11:43 a.m. EST, the exchange value of a bitcoin on San Francisco-based Coinbase, which allows deposits and withdrawals in U.S. dollars from users’ bank accounts, was $732.Related: Bitcoin Price Plummets After Chinese Exchange Bans Yuan Deposits December 27, 2013 Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Growing a business sometimes requires thinking outside the box. 3 min readlast_img read more

Rovi Corporation has agreed to buy TiVo in a cash

first_imgRovi Corporation has agreed to buy TiVo in a cash and stock deal worth roughly US$1.1 billion (€961 million).Rovi CEO Tom Carson will lead the combined firm, which will “adopt the iconic TiVo brand” as the new company name.Announcing the deal, Rovi said that the combining the two companies would provide them with complementary products, services, and intellectual property.Carson said that the TiVo deal “strengthens Rovi’s position as a global leader in media discovery, metadata, analytics, and IP licensing” with the arrangement coming at a time of “significant evolution” in the entertainment landscape.“The combined capabilities of TiVo and Rovi place us in a tremendous position to extend services across platforms and to a customer base that includes traditional, over-the-top and emerging players across the globe,” said Carson.“By working together, Rovi and TiVo will revolutionise how consumers experience media and entertainment and at the same time build value for our stockholders.”TiVo’s interim CEO and CFO Naveen Chopra described the deal as the “logical next step for TiVo” and said that the combined company will be a “more influential global player” that is “incredibly well positioned to redefine television”.“In joining forces with Rovi, our customers, employees and stockholders will benefit from being part of a more diversified industry leader with significantly greater market opportunities,” he said.The deal, which was first rumoured to be under discussion last month, will combine TiVo’s experience in traditional TV, OTT and on-demand UX and content discovery with Rovi’s strength in guides, personalisation, advertising, analytics and cloud services.The combined company is expected to make more than US$800 million in revenue this year after purchase accounting adjustments, and achieve at least US$100 million in annual savings – 65% of which will come in the first 12 months.The all-new TiVo will serve nearly 500 service providers across countries, adding Rovi’s current base of approximately 18 million households using Rovi guides to the more than 10 million TiVo-served households.The expanded company will also have a combined IP portfolio of more than 6,000 issued patents and pending applications.The firms said they expect to close the deal in the third quarter of this year after obtaining requisite clearances.last_img read more

Spanish regional cable operator Euskaltel has laun

first_imgSpanish regional cable operator Euskaltel has launched a new offering targeted specifically at students living in shared accommodation away from home.Students living in shared accommodation during their course term can sign up for a combination of broadband access at speeds of up to 350Mbps and Euskaltel’s TV Premium Extra+ package, including a 4K decoder. Students will be able to disconnect from the service during holiday periods and re-connect when the new term begins.The TV offering comprises over 90 channels including international TV series, movies, sports and music services.Students will be able to disconnect without incurring any additional changes, both from the broadband TV offering, for up to three months in any one year, and will be able to reactivate the service with no installation charge when the return to their places of study.Students who change address will also be able to take their subscription with them for no extra charge.last_img read more

The number of cable homes in Europe grew yearony

first_imgThe number of cable homes in Europe grew year-on-year in 2017 to reach their highest level since 2009, according to new research by IHS Markit.The ‘European Broadband Cable Yearbook’ report said that the number of cable homes in Europe grew to 69.2 million last year, accounting for 36.3% of all TV homes. The figure was just under the 70 million recorded in 2009, with 2017 marking the second consecutive year of growth following a period of stagnation.Annual cable revenue also continued to grow, reaching €25.9 billion last year – up 2 percent compared to 2016. TV services accounted for 46% of cable revenue in 2017, followed by internet at 35% and telephony at 19%.Revenues for video-on-demand services increased in 2017, returning to growth following a slight downturn between 2012 and 2014. However, internet showed the most growth with revenue up 4% to €9 billion in 2017. Telephony revenue shrank for the second consecutive year, declining 0.7% to €5 billion.Total revenue generating units (RGUs) rose 2% year-on-year to 127.5 million, largely driven by an increase in internet subscriptions. At the end of 2017, cable customers in Europe subscribed to an average of 1.8 services.The total number of cable TV service subscribers in Europe in 2017 remained flat at 58.9 million, while Germany continued to be the largest cable TV market in Europe, with 18.7 million subscribers – more than triple the number of unique subscribers in the next biggest markets of Romania, the UK and Poland.“Broadband internet is a key factor in European cable TV revenue growth,” said Maria Rua Aguete, executive director of media, service providers and platforms for IHS Markit. “Triple-play and quad-play strategies are also being implemented. They strengthen operators’ status as a multi-platform point to anytime, anywhere content.”IHS Markit research and analysis manager, Martyn Hannant, added: “The European cable industry continues to show resilience. The industry has made significant progress in the switchover from analogue to digital cable signals.”last_img read more