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Need to monitor Chinas role in Indian ecosystem – The Tribune India

Sushma Ramachandran

Senior Financial Journalist

Every crisis has its silver lining. In Indias case, the Covid pandemic is likely to have several positive outcomes. One will be the upgrading of the creaky infrastructure in healthcare that has for decades lagged behind not just developed countries, but also other emerging economies. The second is the evolution of policies that could benefit the previously invisible migrant workers who fortunately are suddenly at the forefront of our consciousness. And the last is probably going to be a much greater sensitivity and awareness about the insidious entry of Chinese investors into large segments of the economy, especially the sunrise sectors. And this, in turn, could ensure that some barriers are raised to make sure that the Indian ecosystem is given adequate protection.

A first step was taken when the government issued a notification ensuring that foreign direct investment from China will not be allowed through the automatic route and will need specific approvals. Judging by media reports, a similar roadblock may be placed for foreign portfolio investments to ensure that Chinese entities do not go for this option to avoid seeking government approvals. Currently, the share prices of many corporates have fallen and there could potentially be attempts to take over some institutions. The question, of course, is whether such safeguards are really needed or is it merely a case of conspiracy theorists working overtime without any basis. It could be that there is an ultra sensitivity to China due to the animosity for that country engendered by the Covid-19 virus that has created havoc worldwide. To some extent, this is probably true.

At the same time, there are areas of concern such as the recent hike in investment from 0.8 to 1.01 per cent stake by the Peoples Bank of China in HDFC, the promoter of HDFC Bank. By itself, this should not have warranted much comment. But it did ring alarm bells, given the situation all over the world where Chinese companies have been investing aggressively in recent times.

To get a better sense of the scenario, one needs to review the entire gamut of Chinas investments in India and related issues. The first relates to inter-linkages with China in many sectors which created serious supply chain problems in the early days of the pandemic. The supply crisis was even more acute in nations that have closer supply chain ties with that country. A bit of decoupling is thus inevitable and essential to prevent economic distress in future for the Indian industry.

Secondly, fears have been rising about the increasing appetite of Chinese investors for acquiring controlling stakes in companies all over the world. So, Indias decision to put curbs on FDI flows from China is in line with the global trends. Spain, Germany, Italy, Australia and Japan are among the countries that have already clamped down on such investments, having clearly recognised that there is a potential threat.

As for Chinas presence here, data with industry chamber CII shows that it has invested $27 billion into this country over the past 13 years covering a wide range of industries, from auto components to consumer electronics. It is estimated that about 800 Chinese companies are registered here, though much less actually have manufacturing facilities. It is in the start-up sector, however, that China has the biggest role, with venture capital from that country supporting some of the most well-known Indian unicorns, including Paytm, Ola, Big Basket, Byjus and Swiggy, to name a few.

In this context, a recent study on Chinese investments in India by the think tank, Gateway House, is illuminating. It says 18 out of Indias 30 unicorns are funded by Chinese internet giants like Alibaba, Tencent, Fuson and Didi Chuxing. The rapid rise of Chinese investments in the Indian start-up space is corroborated by Tracxn, a global start-up tracking agency which estimates that these grew from $668 million in 2016 to $5.6 billion in 2018. This is a remarkable spurt over just a two-year period.

The Gateway House study also points out that the actual quantum of foreign direct investment by China is not very high, but is in high-tech areas that could have a serious impact on issues such as data control and privacy. Given that most large Chinese companies have their own ecosystems such as online markets and payment gateways, it argues that they could advise the start-up venture to use the pre-existing Chinese solutions for its tech requirements. This, in turn, could lead to loss of control over data and create privacy issues for Indians using these apps.

In other words, the threat posed by China to the Indian economy is not just a figment of imagination. It does not mean that existing trade and economic ties should be pared down. But it does mean that a more nuanced and watchful approach needs to be taken for both Chinese investments and trade. On the FDI side, it is not one of the bigger players as the total investment is reported to have touched $8 billion. However, it has entered into strategic and sensitive areas like artificial intelligence and the internet of things. Investments are also being made through companies based in Singapore, which technically are not considered Chinese investments. It is, thus, imperative to keep a close eye on such indirect inflows.

Similarly, bilateral trade needs to be placed under greater scrutiny. Several anti-dumping cases have already been lodged with the World Trade Organisation (WTO), though more aggressive measures need to be taken as overly cheap products are being supplied in many sectors. Quality issues also need to be red-flagged, given the recent controversy over PPE kits supplied to many countries as well as the reported ineffectiveness of antibody tests sent to this country.

Thus, it is clear that the role of China in the Indian ecosystem needs to be monitored on a regular basis. Like with any other country, India needs to ensure that the bilateral relationship is not skewed in favour of the other side. A little more caution is the need of the hour.

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Need to monitor Chinas role in Indian ecosystem - The Tribune India

Sharp and the 8K Ecosystem – Display Daily

On May 11, Sharp USA had a webinar on 8K titled Beyond 4K: Exploring Sharp's 8K Ecosystem. Since Sharp has said it will not be a US television supplier, the webinar focused on professional use of 8K technology. Presenters were Cliff Quiroga, VP New Business Development, and Saundra Merollo, Senior Sales Engineer, with Manny Cuza, Regional Account Manager - Pro AV, acting as host and moderator.

Partners in the 8K Ecosystem (Credit: Sharp)

Sharp makes 8K camcorders and 8K displays, but not the intermediate products needed to form a complete ecosystem. These products are supplied by Sharps Star Partners, not by Sharp itself.

Sharps 8C-B60A 8K Camcorder. (Credit: Sharp)

Sharp currently sells one 8K camera and has announced a second. The first, the Sharp 8C-B60A, was announced in November 2017 and is currently available in Japan or by special order in the US. It was priced at 8,800,000 without the PL-mount lens, about $77,000 at the 2017 exchange rate. This camera will do 8K (76804320, actually UHD-2) at a 60p frame rate with 4:2:2 compression and 10 bits. Not surprisingly, since the camera was developed with NHK, the native OETF (gamma) curve is HLG, not PQ. The camera uses the Grass Valley HQX Codec and will record 40 minutes of video content using a 2T SSD. According to Quiroga, this camera was developed specifically so NHK could broadcast the 2020 (now 2021) Olympics in 8K.

Sharp B30 8K Camera. (Credit Sharp)

The second camera was first discussed at CES 2019 but is not yet available. According to Quiroga, it will be available in Japan in Q3 2020 and in the US in Q4. The price will be less than $4000. Complete data is not available on the camera but Quiroga gave the above table, which is more information on the camera than Ive seen other places. The camera will record 8K (7680 x 4320) or true 4K (4096 x 2160) at 30fps. It will also record UHD or 1080p at 60fps. In one way, the 30fps limit for 8K is surprising: Sharp gives a convincing demo (if you need convincing) on its 8K TV website that 30fps is not enough for 8K content. In another sense, the 30fps limit is not surprising: the high-speed electronics to do 8K 60fps or, heaven forbid, 8K 120fps can hardly be built into a $4000 camera, at least not today. The camera takes a Micro Four Thirds lens, not included in the $4000, but these lenses are available from a variety of vendors, including Panasonic, Olympus and Sigma.

Sharp 8M-B80AX1U 8K, HDR, WCG and HFR professional display. (Credit: Sharp)

These two cameras are at one end of the 8K ecosystem chain and 8K displays are at the other end. They discussed two professional 8K displays from Sharp in the webinar, the 80 8M-B80AX1U and the 70 8M-B70AU. Sharp also makes a smaller 8K display for the consumer market, the 60 Aquos 8T-C60AX1X, but that was not discussed. To a certain extent, this failure to build a 60 professional 8K display emphasizes that 8K is really only for big screens where viewers are close to the screen and makes little sense in displays as small as 60.

As Ken Werner discussed in a Display Daily almost a year ago, 8K is more than just more pixels. To make sense, it must be High Dynamic Range (HDR), Wide Color Gamut (WCG) and, preferably, High Frame Rate (HFR). The 80 display is all three of these with 4000 nits peak brightness, Rec. 2020 colorimetry and 120Hz frame rate. According to Sharp, these displays both have one thing that will be key for practical use of 8K displays: Super high-quality [FHD and 4K to] 8K upscaling. These displays arent particularly new. For example, the 70 version won a number of Best in Show awards in 2018.

Live streaming of 8K images over a 5G network in 2019 (Credit: Sharp)

Between the camera and the display, Sharp and its partners have demonstrated end-to-end 8K signal chains with various configurations for an assortment of markets. For example, the image above shows the configuration used for live, 8K streaming of the Roland-Garros French Tennis Open in May and June, 2019.

8K live streaming from drone to check infrastructure (Credit: Sharp)

Sharp and its partners were the first to broadcast 8K live streaming from a drone in November 2019. The drone carried one of the soon-to-be-released B30 8K cameras, so the streaming must have been done at 30fps. Presumably, this camera was used due to the weight restrictions of the drone would not allow it to carry the larger 8C-B60A 8K camcorder. The signal was streamed using local 5G technology, which presumably means 5G mmWave point-to-point technology that does not access the 5G cellular network. While this demo was discussed at CES 2020 in terms of infrastructure inspection, as shown in the image, what the demo actually did was stream live 8K images of a thoroughbred race horse training sessions to horses owners around the world.

In many ways, 8K is not really a consumer distribution format, partly because of its cost, partly because of the bandwidth required and partly because a consumer, even one with an 8K display, cant really see the difference between 4K and 8K in most cases. One thing acquisition with 8K cameras does allow is pan, scan and digital zoom to full-resolution FHD or UHD images without adjusting the camera position or the zoom of the lens. In the race horse training example, multiple horses were running together. One owner in Ireland could focus on his horse while another owner in Argentina could focus on a different horse and they would both still see high resolution images.

Another example given in the webinar was using one 8K camera on a newscast set. The 8K image would include both of the newscasters on the set. The 8K image could then be decimated to FHD or 4K to give the whole set, or a full resolution image of either newscaster could be generated. Thus, one 8K camera would replace three FHD or 4K cameras, and their operators. If desired, a digital zoom from the whole set onto just one of the newscasters could be done electronically, without the camera operator needing to do anything.

An infrastructure inspection topic discussed at CES was the inspection of sewers by a single 8K camera mounted on a robot that could crawl through the sewer. If the inspector saw anything suspicious, he could digitally zoom in on the potential problem and still get a very high-resolution image, eliminating the need for a pan and tilt mechanism on the robot or a zoom lens on the camera.

Other professional applications suggested by Quiroga and Merollo include digital signage, where viewers can approach the display closely; sports arenas, including VIP suites; telemedicine, including both surgery and education; and museums where people could see close up images and the undersides of artifacts that are too valuable for people to handle. While 8K resolution as a consumer distribution format faces a cloudy future, 8K acquisition and streaming has professional applications, including acquisition of consumer content to be streamed for broadcast at lower resolution, that pretty much guarantee its success. Matthew Brennesholtz

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Sharp and the 8K Ecosystem - Display Daily

Huawei Partners With Carmakers to Build 5G-Enabled Automobile Ecosystem – Caixin Global

Chinese tech giant Huawei has established an alliance with a handful of automakers and ride-hailing service providers to build a 5G-enabled automobile ecosystem in a move to accelerate the uptake of 5G technology in smart cars, according to a company statement.

The move is yet another sign of Huaweis determination to get into the self-driving car business at the same time as Washington has tried to isolate the company by limiting the use of its equipment in 5G networks due to security concerns and encouraging other countries to follow suit.

As part of the 5G-enabled automobile ecosystem, Huawei will provide members, including FAW Group, BYD, T3 Mobility and other carmakers, with technologies which they can use to test their 5G-enabled vehicles, the statement said.

With advantages in transmission speed, reliability and latency, 5G technology is considered essential for enhancing connected vehicles self-driving and entertainment capabilities.

In 2019, Huawei launched its first 5G communications hardware, named the MH5000 module, which the company claimed would make intelligent car transportation a reality and aid its plans to commercialize 5G network technology for the automotive sector.

Huawei is also building an open intelligent-driving platform to study app interface, car controlling systems, smart cockpits and the internet of vehicles.

Contact reporter Ding Yi (yiding@caixin.com)

Related: Huawei Sets Sights on Self-Driving Car Radar

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Huawei Partners With Carmakers to Build 5G-Enabled Automobile Ecosystem - Caixin Global

Cyberbank Group Expand New Cloud-Based Digital Asset Solutions – Yahoo Finance

NEW YORK, NY / ACCESSWIRE / May 15, 2020 / Cyberbank Cloud is a digital assets trading service under the Cyberbank Fintech Group. The startup project provides a stable and secure multidimensional solution for global digital asset trading. Cyberbank is one of Asia's leading digital fintech groups and utilizes strong financing operations to escort digital asset trading services. The group's abundant liquidity reserves and powerful open financial ecosystem makes Cyberbank a core technology for supporting ecosystem development.

Cyberbank Cloud Business Architecture

Cyberbank Cloud is run by an expert team of experienced professionals such as blockchain project managers, investors, and cloud service teams with members hailing from reputable cryptocurrency teams and traditional financial institutes such as China Financial Futures Exchange, Shanghai Futures Exchange, and China Minsheng Bank. Business structure is constructed by integrating traditional financial solutions with requirements in the field of cryptocurrency to provide a digital asset trading cloud service solution that is stable, secure, and low cost.

Trading Cloud Solution Services

System cloud services include spot, contract, options, and OTC trading based on ITIL's ICT Infrastructure Management (ICTIM), referencing the design experiences of first rate international financial exchanges such as NASDAQ and CME to comply with the international standards of 4th generation exchanges.

The high performance matching engine performs at a single-thread of 30,000/second, parallel matching by category with an order response time of less than 100 milliseconds. Solutions can be customized by combination requirements, supports privatization, ECN access, and more with bank-grade system security to achieve compliance-based insurance businesses, digital assets with trust businesses, innovation, and support for internationalization.

Wallet Asset with Trust Solutions

Comprehensive front and back-end systems provide asset storage scenarios for cold and hot wallets; platform assets are managed by the renowned digital asset custody service provider Onchain Custodian.

Onchain Custodian is a company that provides digital asset custody with investments from Sequoia, Fosun, and DHVC; it is a regulated and reliable 3rd party custody service for institutions and investors.

The Wallet as a Service system is established through multiple-signature technology, hardware security module (HSM), and anti-money laundering review technology with digital asset insurance provided to the platform and cryptocurrencies by Lockton and other reputable insurance firms to insure single accounts up to USD 5 million.

Liquid Solutions

The operations and capabilities of a single exchange cannot establish a closed loop of financial capital; the introduction of comprehensive strong liquidity channels achieves sufficient depth to share risk for traders.

CyberBank's joint development model encompasses exchanges, custody providers, quantitative funds, and fund ecosystems to form a multi-fund joint development model. The collaborative fund ecosystem constitutes an "industry alliance chain" that anticipates escorting of trading platforms with maximum liquidity.

SaaS Cloud Service Module

Trading Systems

Spot: Multiple trade to listings, includes current market price, stops for profits and losses, supports leveraged trading;

Futures: Includes 2-way sustainability, margin models, contract delivery;

Options: Utilizes European options;

OTC: Supports fiat currency trading.

Market Center

Comprehensive market data and K line data for multiple periods makes trends readily apparent for determining trading strategy through a wealth of technical indicators.

Settlement System

Match and settle by category; accounts for multiple currencies, transparent and traceable capital flow.

Wallet System

Both hot and cold wallets for storage of account assets;

Hardware security module (HSM) based management of encryption keys provides corporations with protections in trading, identity data, and applications;

Both co-managed custody and full custody services are available;

Story continues

Two Types of Custodianship

Risk Control System

The real-time multidimensional risk control system is established through accounts, funds, trading, and positions through functions such as: monitoring of currency deposits and withdrawals, alerts for large abnormal funds, automatic forced liquidation, investor protection funds, step margins, and other risk control measures; the system monitors activities such as spoofing, self-dealing, matched orders, overtrading, and other abnormal behavior to prevent price manipulation; clear separation of duties is present in code review and private key management for digital assets with trust.

Market Maker System

Supports multiple currencies, multiple CFDs, and freedom of in-depth customizations for coin trading, contract trading, options trading, and OTC trading. Access markets in dozens of exchanges, freely combine index weights, difficulty in price manipulation; independent accounts and autonomous management improves account clarity; professional strategies, real-time position management and market value management with built-in risk controls makes security manageable; external liquidity and hedging available for selection.

Operations Management System

Traditional exchange operations management methodology with distributed monitoring and real-time support provides a wealth of functionality and excellent scalability. The unified visual interface contains data summaries from Grafana and ELK journals analysis to provide comprehensive God Mode monitoring; types of currency, currency pairs, contract parameter settings, online in 10 minutes, edit parameters at any time;

KYC checks, support for KYC level 2; fund management back end, currency withdrawal checks, audit-free withdrawal for small sums, search wallet serial, bonus reconciliation; search account messages, account funds summary, trading summary, search positions; multiple language packs, modify language parameters in real-time, convenient and agile; feedback page.

Marketing System

Broker system with unlimited invitations and rebates; broker back end offers accurate details on download data; trading competitions encourages trading activity in accounts; support for functions such as shorts, trans-fee mining, and bonus rewards; financial products, support for multiple currency staking.

Cyberbank Cloud Advantage

Actualization of High-Performance Technology

TPS single thread 30000/second, order response time of less than 100 milliseconds, 4th generation exchange standards, years of practical experience in digital asset trading platforms, shared liquidity.

Low Cost and Quick Build Time

Complete building an exchange in 1 day without expensive investments into development. Modular builds, multi-client display, automatic currency listing, trade pairs online in 10 minutes, 24x7 operations management support.

Corporate Grade Digital Asset with Trust

Enjoy corporate grade security with full custody by reputable third party custody service provider. Both hot and cold wallet custody solutions are available and can be used in combination for secure financial management that doesn't require assets to enter exchanges.

Demonstration Model for Digital Asset with Trust

Multidimensional Financial Innovation

Viable trading platform membership solution; attempts in full asset insurance and protection model; compliance to standard auditing practices (MAS standard and CMS license).

Cyberbank's Vision

Cyberbank Cloud is a key component of the Cyberbank Group. Cyberbank Cloud contains the depth and capability to offer consultancy and technology partnerships for developing trading operations, rich site building options, code output, and trading platforms. The service offers base-layer technology structure for trading operations while adding depth to an ecosystem's service capabilities. This is also the development goal of Cyberbank Group.

Cyberbank Group is a global leader in fintech with eyes on the global digital asset trading market. As the first ever joint-building model encompassing digital asset exchanges, custody service suppliers, and fund management, digital asset trading will be utilized as the core to radiate the comprehensive requirements in the field of digital asset trading and move to gradually explore the 13 operations required in markets as an extension of mainstream digital currency exchanges.

In terms of strategic deployment, Cyberbank will take advantage of the portal and connectivity of trading operations in combination with an ecosystem cluster developed from digital assets that achieves "exchange in the front-end, partnership agencies in the middle, and rear fund ecosystem". Cyberbank believes that single businesses have a limited lifespan but an ecosystem cluster is the key to longevity. Additionally, it will act as an effective initiative for traditional businesses and groups to undergo digital transformations and upgrades through exchanges and funds.

Contact information

Contace Person/ Neo Peng

http://www.cyberbank.co/

info@cyberbank.co

Facebook ID/ @CyberBankExchange

Twitter / https://mobile.twitter.com/Cyberbank_

Instagram/ https://www.instagram.com/cyberbank/

Telegram/ @CyBer_Bank

SOURCE: Cyberbank Group

View source version on accesswire.com: https://www.accesswire.com/589995/Cyberbank-Group-Expand-New-Cloud-Based-Digital-Asset-Solutions

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Cyberbank Group Expand New Cloud-Based Digital Asset Solutions - Yahoo Finance

Key drivers changing the banking ecosystem landscape – FinTech Magazine – The FinTech & InsurTech Platform

Digital technologies have changed the banking landscape. In order to remain competitive, financial institutions are turning to 'banking ecosystems'.

These, according to consulting firms such as Accenture and Deloitte, these multiply customer interactions to transform them into hyper-relevant and personalised experiences.

According to Accenture, for example,88% of banks believethat ecosystems will be an important way to interact with customers in the future, while89% see customer-facing ecosystems as the main driver of future value.

Banks that offer these integrated, contextualised experiences go beyond traditional financial needs and meet broader customer needs. They support their customers, becoming hyper relevant in their customers everyday life, statesAccenture, for example.

In a recent article in FinTech magazine, we explored the development of banking ecosystems, the technology driving them and best practice for thriving in such an environment.

You can read the full article here. However, here we take a closer look at the key drivers that are influencing banking ecosystem development.

Customer experience is now a priority for all financial services institutions. As well as driving product innovation, it is also influencing the development of complex ecosystems. Microsoft, for example, in our article suggests that millennials are now decidedly more entrepreneurial in mindset than any previous generation".

The result of this, it states, is that they want to be in control of their own finances and are far more willing to embrace a self service model.

Customers too are now seeking a more bespoke, personalised experience. This means a move away from traditionally accepted methods of banking or managing finances to mixing plug and play solutions relevant to the specific requirement.

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Mastering data and leveraging breakthroughs in technology such as cloud platforms, analytical capabilities, and augmented intelligence, can create levels of customer engagement and operational efficiency that were unimaginable before.

This approach is driving banking ecosystems. Using information in meaningful and straightforward ways has become the new standard in this digital era. But first, internal and external data must be aggregated, integrated, and made available to the right person at the right time via the right channel, says Microsoft.

"Operating such an ecosystem requires sophisticated marketing and analytical capabilities to aggregate multiple data sources - leveraging external data as well as internal data - and extract actionable insights, which can then be translated into personalised commercial promotions in a timely manner through the most appropriate channel for each customer, adds Accenture.

Namely, fintechs, startups, neo and challenger banks and more. The financial services landscape is no longer dominated by incumbents as new market entrants, as well as Big Tech companies like Facebook, PayPal and Apple create greater competition.

In order to remain competitive, launching ecosystems in industries characterised by the presence of large incumbent players may help ensure that new offerings rapidly reach a wider share of customers.

"As such, banks operating in countries with high concentration rates across industries have larger incentives to be first movers to secure partnerships with the largest industry players and hence gain rapid customer adoption, adds Accenture.

For more information on all topics for FinTech, please take a look at the latest edition ofFinTech magazine.

Follow us on LinkedIn and Twitter.

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Key drivers changing the banking ecosystem landscape - FinTech Magazine - The FinTech & InsurTech Platform

Articles – The power of the ecosystem – Actuarial Post

By Tom Murray, Head of Product Strategy for LifePlus Solutions at Majesco.

Now the demand for all services to be provided digitally has rocketed and those businesses that do not have the capability to provide a completely digital experience for their customers have been left struggling to adapt to the new reality. Once the lockdown is lifted, it is unlikely that the world will ever return to the way it was before and, given the likelihood that the social distancing requirements will be extended for quite some time, it means that customers will want to utilise technology anywhere they can rather than return to the face to face retail approaches utilised before.

Whilst many life and pension providers now allow their customers some degree of digital interaction, most of this is in strictly defined areas and the process falls back to a more manual approach at key points. This is no longer going to be sufficient to satisfy the needs of millennials who naturally live on-line and the new cohort of boomers who have become far more internet-savvy during the crisis.

The challenge in this new world for financial service providers is to stand out as a supplier of financial services in a digital environment. For this to happen, providers must ensure that their digital offering is satisfying to the end-user. And what is emerging as key to achieving this is the ability to fulfil customers wishes by moving from a pure retail focus to a customer-centric approach i.e. looking to ensure that the customer can fulfil all their related needs as part of a singular, compelling experience.

Providers need to look not just at the products and services they provide but the manner of their delivery and the ecosystems in which they operate. Partnering with related service and product providers enables a much more fulfilling experience to be designed, which in turn leads to higher levels of customer trust and satisfaction.

Providing this more fulfilling experience means ensuring that the provider is using a platform which allows the building of complex services utilising providers of complementary services to focus on the broader range of customer needs for example, customers who need medical reports should be able to arrange and manage the visits for these reports from the providers portal. A one-stop-shop for all customers financial needs is the ideal goal, but a pre-requisite of this is the use of a platform which not only can access the providers legacy information but also can seamlessly link with providers of complementary services to allow the design of sophisticated financial offerings driven by customer needs, not by what the companies provide. In short, digital lifestyles presuppose a customer focussed offering rather than a supplier focussed offering.

Partnerships are vital to the success of this approach, which is predicated on enabling the rapid development of sophisticated services to end consumers. By utilising platforms that have a broad ecosystem of service providers related to life assurance, providers will be able to transform their offerings and provide the high-level digital experiences that the consumer is demanding.

Although the temptation is for life and pension providers to restrict spending in this challenging economic environment, they run the risk that by doing so, they abandon the growing section of the consumer base that demands digital interaction. The danger for companies here is that it leaves the digital field completely open to Insuretech companies, who are already in a position to reach out to the locked-down masses and build new relationships. A platform with a broad ecosystem enables existing providers to market the strength of their brand whilst creating a far greater range of digital experiences to move into new markets of the post-virus world.

This is not the time to be seeking to just tread water until business gets back to normal it never will. Instead, life and pension providers should be investing in the acceleration of their digital strategies and seeking to build broad ecosystems to meet the needs of the accelerated digital environment that the crisis has brought about. Those life and pension providers who dont will be left behind in the post-Covid19 world.

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Articles - The power of the ecosystem - Actuarial Post

Mobile Phone Insurance Ecosystem Market Growth by Top Companies, Trends by Types and Application, Forecast to 2026 – Cole of Duty

Geek Squad

Moreover, the Mobile Phone Insurance Ecosystem report offers a detailed analysis of the competitive landscape in terms of regions and the major service providers are also highlighted along with attributes of the market overview, business strategies, financials, developments pertaining as well as the product portfolio of the Mobile Phone Insurance Ecosystem market. Likewise, this report comprises significant data about market segmentation on the basis of type, application, and regional landscape. The Mobile Phone Insurance Ecosystem market report also provides a brief analysis of the market opportunities and challenges faced by the leading service provides. This report is specially designed to know accurate market insights and market status.

By Regions:

* North America (The US, Canada, and Mexico)

* Europe (Germany, France, the UK, and Rest of the World)

* Asia Pacific (China, Japan, India, and Rest of Asia Pacific)

* Latin America (Brazil and Rest of Latin America.)

* Middle East & Africa (Saudi Arabia, the UAE, , South Africa, and Rest of Middle East & Africa)

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Table of Content

1 Introduction of Mobile Phone Insurance Ecosystem Market

1.1 Overview of the Market1.2 Scope of Report1.3 Assumptions

2 Executive Summary

3 Research Methodology

3.1 Data Mining3.2 Validation3.3 Primary Interviews3.4 List of Data Sources

4 Mobile Phone Insurance Ecosystem Market Outlook

4.1 Overview4.2 Market Dynamics4.2.1 Drivers4.2.2 Restraints4.2.3 Opportunities4.3 Porters Five Force Model4.4 Value Chain Analysis

5 Mobile Phone Insurance Ecosystem Market, By Deployment Model

5.1 Overview

6 Mobile Phone Insurance Ecosystem Market, By Solution

6.1 Overview

7 Mobile Phone Insurance Ecosystem Market, By Vertical

7.1 Overview

8 Mobile Phone Insurance Ecosystem Market, By Geography

8.1 Overview8.2 North America8.2.1 U.S.8.2.2 Canada8.2.3 Mexico8.3 Europe8.3.1 Germany8.3.2 U.K.8.3.3 France8.3.4 Rest of Europe8.4 Asia Pacific8.4.1 China8.4.2 Japan8.4.3 India8.4.4 Rest of Asia Pacific8.5 Rest of the World8.5.1 Latin America8.5.2 Middle East

9 Mobile Phone Insurance Ecosystem Market Competitive Landscape

9.1 Overview9.2 Company Market Ranking9.3 Key Development Strategies

10 Company Profiles

10.1.1 Overview10.1.2 Financial Performance10.1.3 Product Outlook10.1.4 Key Developments

11 Appendix

11.1 Related Research

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Mobile Phone Insurance Ecosystem Market Growth by Top Companies, Trends by Types and Application, Forecast to 2026 - Cole of Duty

Atari Teams Up with Arkane Network to Integrate the Atari Token Across Digital Entertainment Ecosystem – GlobeNewswire

NEW YORK, May 14, 2020 (GLOBE NEWSWIRE) -- Atari one of the worlds most iconic consumer brands and entertainment producers today announced a new partnership with Arkane Network, a global monetization platform and provider of multichain blockchain APIs and wallets. As part of the agreement, Arkane will integrate Ataris crypto-currency in its offering and will support the Atari Token and Ataris strategic objective to boost the adoption of the Atari Token throughout the interactive entertainment ecosystem and its blockchain initiatives.

The Atari Token is issued by Atari Chain, Ltd (Gibraltar), a company equally owned by Atari and the ICICB Group. Arkane, a blockchain platform for game developers to create, secure, and monetize their digital game assets, will support the Atari Token, making it so developers can use the Atari Token as in-game currency for buying, selling, and trading assets.

Atari has always been a pioneer in the video game industry and it is great to see how they understand blockchain technologys increasing role in the development of the economic landscape within video games and entertainment, said Tim Dierckxsens, CSO & Co-Founder of Arkane. With this partnership, we will bring game developers, the gaming community, and the Atari brand together to embrace blockchain technology as a solution to record digital assets and value transactions.

Our partnership with Arkane is another significant step toward broad adoption of blockchain initiatives across interactive entertainment, and specifically our Atari Token cryptocurrency as a secure means to buy, sell, and trade digital assets, added Fred Chesnais, CEO of Atari Inc.

Further information on the Atari Token is available on the dedicated website http://www.atarichain.com.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9d1bec49-93da-45e2-ba63-5b6f7d4a7f45

About Atari

Atari is an interactive entertainment company. As an iconic brand that transcends generations and audiences, the company is globally recognized for its multi-platform, interactive entertainment, and licensed products. Atari owns and/or manages a portfolio of more than 200 games and franchises, including world-renowned brands like Asteroids, Centipede, Missile Command, Pong, and RollerCoaster Tycoon. Atari has offices in New York and Paris.

Visit us online at http://www.atari.com.

About Arkane

Arkane helps companies that are shaping the future to build the next generation of digital innovation by providing them with an all-in-one solution to build and launch products powered with blockchain technology. Arkane is a member of the Blockchain Game Alliance along with game studios such as Ubisoft, The Sandbox and provides a service for content creators and game developers to create, monetize and secure digital assets and make them publicly available.

Visit us online at https://arkane.network

PRESS CONTACT

For Atari:Mario R. Kroll and CJ MelendezUberStrategist Inc.pr@uberstrategist.com1-646-844-8388

For Arkane Network:Tim DierckxsensCo-Founder Arkanetim.dierckxsens@arkane.network+32 (0) 491 20 52 57

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Atari Teams Up with Arkane Network to Integrate the Atari Token Across Digital Entertainment Ecosystem - GlobeNewswire

How Coronavirus Is Impacting The V2X (Vehicle-to-Everything) Communications Ecosystem: 2019 2030 3w Market News Reports – 3rd Watch News

Commonly referred to as V2X, vehicle-to-everything communications technology allows vehicles to directly communicate with each other, roadside infrastructure, and other road users to deliver an array of benefits in the form of road safety, traffic efficiency, smart mobility, environmental sustainability, and driver convenience. In addition, V2X is also helping pave the way for fully autonomous driving through its unique non line-of-sight sensing capability which allows vehicles to detect potential hazards, traffic, and road conditions from longer distances and sooner than other in-vehicle sensors such as cameras, radar, and LiDAR (Light Detection and Ranging).

Although legacy V2I (Vehicle-to-Infrastructure) technologies are currently in operational use worldwide for ETC (Electronic Toll Collection) and relatively simple V2I applications, advanced V2X systems capable of supporting V2V (Vehicle-to-Vehicle), V2I and other forms of V2X communications are beginning to gain broad commercial acceptance with two competing technologies vying for the attention of automakers and regulators: the commercially mature IEEE 802.11p/DSRC (Dedicated Short Range Communications) standard, and the relatively new 3GPP-defined C-V2X (Cellular V2X) technology which has a forward evolutionary path towards 5G.

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With an initial focus on road safety and traffic efficiency applications, Toyota and GM (General Motors) have already equipped some of their vehicle models with IEEE 802.11p-based V2X technology in Japan and North America. Among other commercial commitments, Volkswagen will begin deploying IEEE 802.11p on volume models in Europe starting from 2019, while Geely and Ford plan to integrate C-V2X in their new vehicles by 2021 and 2022 respectively. It is also worth nothing that a number of luxury automakers including BMW, Daimler, Volkswagens subsidiary Audi, and Volvo Cars already deliver certain V2X-type applications through wide-area cellular connectivity and supporting infrastructure such as appropriately equipped roadwork trailers.

Despite the ongoing 802.11p/DSRC versus C-V2X debate, regulatory uncertainty and other challenges, global spending on V2X communications technology is expected to grow at a CAGR of more than 170% between 2019 and 2022. SNS Telecom & IT predicts that by the end of 2022, V2X will account for a market worth $1.2 Billion, with an installed base of nearly 6 Million V2X-equipped vehicles worldwide.

The V2X (Vehicle-to-Everything) Communications Ecosystem: 2019 2030 Opportunities, Challenges, Strategies & Forecasts report presents an in-depth assessment of the V2X ecosystem including market drivers, challenges, enabling technologies, application scenarios, use cases, business models, key trends, standardization, spectrum availability/allocation, regulatory landscape, V2X deployment case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents market size forecasts from 2019 till 2030. The forecasts cover four submarkets, two air interface technologies, 10 application categories and five regions.

The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

Topics Covered

The report covers the following topics:

Forecast Segmentation

Market forecasts are provided for each of the following submarkets and their subcategories:

Submarkets

Air Interface Technologies

Application Categories

Regional Markets

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Key Questions Answered

The report provides answers to the following key questions:

Key Findings

The report has the following key findings:

Countires Covered

List of Companies Mentioned

For More Information Kindly Contact:ResearchMozMr. Rohit Bhisey,Tel: +1-518-621-2074USA-Canada Toll Free: 866-997-4948Email:[emailprotected]Follow us on LinkedIn @http://bit.ly/1TBmnVGMedia Release:https://www.researchmoz.us/pressreleaseFollow me on :http://marketresearchlatestreports.blogspot.com/

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How Coronavirus Is Impacting The V2X (Vehicle-to-Everything) Communications Ecosystem: 2019 2030 3w Market News Reports - 3rd Watch News

Microsoft announces definitive agreement to acquire Metaswitch Networks, expanding approach to empower operators and partner with network equipment…

Today, we are announcing that we have signed a definitive agreement to acquire Metaswitch Networks, a leading provider of virtualized network software and voice, data and communications solutions for operators.

The convergence of cloud and communication networks presents a unique opportunity for Microsoft to serve operators globally via continued investment in Azure, adding additional depth to our hyperscale cloud infrastructure with the specialized software required to run virtualized communication functions, applications and networks.

This announcement builds on our recent acquisition of Affirmed Networks, which closed on April 23, 2020. Metaswitchs complementary portfolio of ultra-high-performance, cloud-native communications software will expand our range of offerings available for the telecommunications industry. Microsoft intends to leverage the talent and technology of these two organizations, extending the Azure platform to both deploy and grow these capabilities at scale in a way that is secure, efficient and creates a sustainable ecosystem.

As the industry moves to 5G, operators will have opportunities to advance the virtualization of their core networks and move forward on a path to an increasingly cloud-native future. Microsoft will continue to meet customers where they are, working together with the industry as operators and network equipment providers evolve their own operations.

We will continue to support hybrid and multi-cloud models to create a more diverse telecom ecosystem and spur faster innovation, an expanded set of unique offerings and greater opportunities for differentiation. We will continue to partner with existing suppliers, emerging innovators and network equipment partners to share roadmaps and explore expanded opportunities to work together, including in the areas of radio access networks (RAN), next-generation core, virtualized services, orchestration and operations support system/business support system (OSS/BSS) modernization. A future that is interoperable has never been more important to ensure the success of customers and partners.

By enabling advancements in enhanced mobile broadband, ultra-reliable low latency communications and massive machine-type communication to enable IoT at scale, 5G offers significant potential for enterprises and governments and in turn creates new opportunities for operators. 5G will ultimately give operators a path to accelerate service innovation and deliver new transformative experiences that are faster, more resilient and more secure, spurred on by software advances to drive transformation at scale.

We have a long history of working with operators as they increasingly embrace software-based solutions and continue to support the advancement of cloud-based networking while helping create new partnership opportunities for existing network equipment providers. Our intention over time is to create modern alternatives to network infrastructure, enabling operators to deliver existing and value-added services with greater cost efficiency and lower capital investment than theyve faced in the past.

Tags: 5G, Azure, communications

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Microsoft announces definitive agreement to acquire Metaswitch Networks, expanding approach to empower operators and partner with network equipment...

Privacy And Information Are The New Cloud Currency And Google Owns The Mint – Forbes

The US Mint in Denver, CO.

Over the past few months, most public cloud providers and their counterparts have doubled down on security. Recently, Google pushed multiple new security enhancements to augment its already secure ecosystem. The Google Cloud Platform (GCP) has come a long way in assuaging privacy and security concerns. However, the kicker with GGP remainsyou must be within the Google ecosystem. If not, you are on your own (which is not always a bad thing). One of the most exciting components of Google's strategy is its stance that security starts from the chip level and ends up with the Chrome browser. Google's approach is divergent from what many public cloud providers offer as point solutions in a sea of security diversity and methods. What Google lacks in its IoT and endpoint security in a distributed environment, it makes up for with a centralized cloud infrastructure that has tremendous capabilities.

One of Googles key criticisms is how it upholds the privacy of its users, both enterprise and consumer. GCP has done an excellent job of alleviating many of its privacy challenges and concerns. In a recent conversation I had with the Google team, they demonstrated their commitment to providing secure enterprise solutions and applications while protecting the privacy of their users. I was especially impressed with their focus on not just a single-point solution, but an ecosystem that encompasses a chip to browser security approach. Although many users are suspicious of Google's approach, it is one of the most secure ecosystems (not to mention the functionality of applications) in the industry today.

Cloud-based surveillance and information is the new business model

For the past 30+ years, we have trusted companies to make our lives more productive while they use our data to learn about what we want as consumers. Now, Google, Facebook, Amazon and others are using data and algorithms to predict what we as consumers think we desire. From a security perspective, it is essential to understand how these companies are using our personal information. The bottom line is these companies are in the surveillance business. If Facebook or Twitter were a CIA or NSA project, it would be the most successful intelligence operation in history. How else would you get unwitting people to input who their friends are, their political leanings, which religion they belong to, where they work, and what they do in their spare time?

Further, most users allow these organizations to track and provide data to external businesses and organizations that want to buy information from our computers, cellphones and other devices solely for the price of convenience. In my last article, I mentioned that we believe over 5,000 companies have access to your information just by turning on your smartphone. Sadly, we, as a society, are happy to sacrifice convenience and information at the cost of security and privacy.

On the flip side, control of information versus the "common good"

Unfortunately, and in my opinion, one of the byproducts of our willingness to sacrifice privacy for security is allowing social media companies to influence the narrative. The current COVID-19 pandemic has showed us what lengths these companies will go to control speech and dissent, all for the "common good" or whoever sets the narrative du jour. The amount of information we provide to these companies should be tantamount to our ability to express our viewpoints and opinions. Sadly, most social media platforms disagree. However, Google has quietly been focusing on putting a platform that provides functionality, security, privacy and an ecosystem back into the hands of the consumer. I am okay with the balance Google strikes from a privacy and functionality perspectiveit just works, but its up to the user to understand the tradeoffs. Stay safe and secure my friends.

Disclosure:Moor Insights & Strategy, like all research and analyst firms, provides or has provided research, analysis, advising and/or consulting to many high-tech companies in the industry. The author does not have any investment positions in the companies named in this article.

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Privacy And Information Are The New Cloud Currency And Google Owns The Mint - Forbes

Impact of COVID-19 on the World’s Cybersecurity Industry, Major Verticals, Regions and Key Vendors (2019-2021): Optimistic/as-is/Pessimistic Scenarios…

Dublin, May 15, 2020 (GLOBE NEWSWIRE) -- The "Covid-19 Impact On Cybersecurity Market by Technology (Network Security, Application Security, Endpoint Security, Cloud Security, Database Security, Web Security, ICS Security), Vertical, Region - Global Forecast to 2021" report has been added to ResearchAndMarkets.com's offering.

The Global Cybersecurity Market is Expected to Grow from USD 183.2 Billion in 2019 to USD 230 Billion by 2021, Rising at a CAGR of 12% (COVID-19 Adjusted)

This market study covers the impact of COVID-19 on the cybersecurity market across different segments. It aims at estimating the market size and the growth potential of this market across by technology segments (network security, application security, endpoint security, cloud security, database security, web security, and ICS security) and vertical (banking, financial services and insurance, healthcare, manufacturing, IT/ITeS, telecom, utilities, and public sector), and region. The study also includes an in-depth analysis of the key market players, key observations related to product and business offerings, recent developments, and key market strategies.

Key market players have adopted various growth strategies, such as partnerships and new service launches, to expand their presence further in the impact of COVID-19 on the cybersecurity market and broaden their customer base.

Increase in realization for endpoint and VPN security measures drives the cybersecurity market during the COVID-19 crisis

COVID-19 crisis has transformed the thought process of a company's management and board toward cybersecurity. Especially, SMBs, startups, and large enterprises, except technology giants, were considering cybersecurity budgets as unavoidable Capital Expenditure (CAPEX) due to regulatory and compliance measures. Several digital agencies are yet to have a cybersecurity policy in place. This crisis has exposed companies to scenarios where their IPs are at the mercy and conduct of their employees, working remotely either on office laptops with zero firewall protection or personal laptops with/without free antivirus packages.

Endpoint security segment to show the highest growth rate during the forecast period in the cybersecurity market

Endpoint security solutions are a combination of both Endpoint Protection Platform (EPP) and Endpoint Detection and Response (EDR) solutions. Together these solutions secure endpoints and remote devices used in organizations from viruses, Trojans, and malware, as well as advanced threats, such as zero-day malware and advanced persistent threats. EDR solutions enable continuous detection of and response to advanced cybersecurity threats and considerably improve threat detection, security monitoring, and incident response proficiencies for enterprises across verticals.

Healthcare segment to record higher investment and growth in 2020

COVID-19 poses an occupational health risk to healthcare workers, where COVID-19 has infected thousands of healthcare workers worldwide. Hence, preventing intra-hospital transmission of this communicable disease is a key priority for healthcare institutions and administrative bodies. As the remote and teleworking modes are adopted in the healthcare industry, the possibility of using personal devices and the home internet connections that do not have the enterprise-grade security would result in remote users vulnerable to malicious cyberattacks. In February 2020, WHO warned of fraudulent emails that have been sent by criminals posing as WHO. Cybercriminals have also been impersonating the US CDC by creating domain names similar to the CDC's web address to request passwords and even Bitcoin donations to fund a fake vaccine.

North America to record the largest market share in the global cybersecurity market impacted by COVID-19 crisis

North America is expected to hold the largest share in the global cybersecurity industry, while Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. The high growth rate in APAC can be attributed to organizations in the region, grabbing opportunities to go beyond ensuring their regulations and compliances, and applying technology to curtail threats on enterprise devices. Additionally, the region has the highest adoption of mobile devices and connected devices that are highly vulnerable to endpoint attacks.

North America is the most significant revenue contributor to the cybersecurity market. The region is witnessing significant developments, especially in the endpoint security segment. In North America, the high penetration of this technology can be attributed to the increasing use of the automation and behavioral analysis for threat detection, growing amount of data across verticals, and rising investments by companies in real-time security solutions.

Key Topics Covered

1 Introduction1.1 Covid-19 Health Assessment1.2 Covid-19 Economic Assessment1.2.1 Covid-19 Impact on the Economy-Scenario Assessment

2 Research Methodology2.1 Research Scope2.1.1 Objectives of the Study2.1.2 Market Definition2.1.3 Inclusion/Exclusion2.2 Assumptions2.3 Data Triangulation2.3.1 Primary Breakdown2.4 Stakeholders

3 Executive Summary

4 Impact on the Ecosystem and Extended Ecosystem4.1 Cybersecurity Ecosystem Analysis, By Stakeholder4.1.1 Technology Provider4.1.2 Solution Designer and Developer/Consultant4.1.3 System Integrator4.1.4 Reseller4.1.5 Managed Service Provider4.2 Covid-19 Pandemic-Driven Market Dynamics and Factor Analysis4.2.1 Drivers and Opportunities4.2.2 Restraints and Challenges4.2.3 Cumulative Growth Analysis

5 Business Implications of Covid-19 on the Cybersecurity Market5.1 Implication On Technology Segments (Pessimistic, as-is, and Optimistic Scenarios)5.1.1 Network Security Forecast (2019-2021)5.1.1.1 Forecast 2019-2021 (Optimistic/as-is/Pessimistic)5.1.2 Application Security Forecast (2019-2021)5.1.3 Endpoint Security Forecast (2019-2021)5.1.4 Cloud Security Forecast (2019-2021)5.1.5 Database Security Forecast (2019-2021)5.1.6 Web Security Forecast (2019-2021)5.1.7 Industrial Control Systems Security Forecast (2019-2021)

6 Covid-19 Impact on Major Verticals With Use Cases and How Clients are Responding to Current Situation6.1 Banking, Financial Services and Insurance6.1.1 Forecast 2019-2021 (Optimistic/as-is/Pessimistic)6.1.2 Key Use Cases6.1.3 Author's Viewpoint (Vertical's Response to Covid-19)6.2 Healthcare6.3 Manufacturing6.4 Information Technology/Information Technology-Enabled Services6.5 Telecom6.6 Utilities6.7 Public Sector6.8 Others

7 Covid-19 Impact on Regions7.1 Introduction7.2 North America7.2.1 Forecast 2019-2021 (Optimistic/as-is/Pessimistic)7.3 Europe7.4 Asia Pacific7.5 Middle East and Africa7.6 Latin America

8 Covid-19 Focused Profiles of Key Vendors8.1 Introduction8.2 Company Profiles8.2.1 Network Security8.2.2 Application Security8.2.3 Endpoint Security8.2.4 Cloud Security8.2.5 Database Security8.2.6 Web Security8.2.7 ICS Security

For more information about this report visit https://www.researchandmarkets.com/r/2s6sy1

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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Impact of COVID-19 on the World's Cybersecurity Industry, Major Verticals, Regions and Key Vendors (2019-2021): Optimistic/as-is/Pessimistic Scenarios...

Is Ethereum 2.0 really the next big wave in the crypto-ecosystem? – AMBCrypto

Ethereum, the second-largest crypto in the world, has seen significant growth over the years, in terms of both upgrades and the coins performance on the whole. In fact, the Ethereum Alliance in 2017 had also promised to drive the use of Ethereum blockchain technology as an open-standard to empower all enterprises. Its been three years now, but has the alliance lived up to its hype? Joseph Lubin, the founder of ConsenSys, believes it has.

At the recent Ethereal Summit, Lubin was of the opinion that the alliance has had an impact on the ecosystem, living up to all the hype and claims. He stated,

It is hard to notice that from the outside. But from the inside, there is an amazing amount of high-value activity. The alliances major mission was o find the specifications. What to build around them and that has been valuable to make ETH so much accessible.

At the moment, the ETH2 upgrade is the center of attraction. The ETH community and the entire ecosystem has been waiting for this upgrade. But, is ETH2 really the big next big wave in the ETH ecosystem?

By the looks of it, ETH2 does look like the next big thing that can happen to the ecosystem. The shift from PoW to PoS is a much-required step considering the fact that ETH prioritizes security and reducing the wastage of energy [mining]. Most importantly, this upgrade is a boon to not just users, but also developers, according to Lubin. He added,

For developers, it is going to feel like an operating system upgrade, and it is an organic transition to more capabilities. We are going to solve problems and come up with new features.

Decentralized Finance [DeFi] is another big sector thats growing leaps and bounds at the moment. Built on Ethereum, the fact that the DeFi market saw strong recovery post the March market crash proves it to be a promising sector. With this, DeFi has started to move from being a niche market to mainstream finance. Further commenting on this rapid growth, Lubin noted,

All of this will lead to much more granular governance in the world and we are going to be able to create our own token in different projects. I think that it is going to be an empowering future where people and small organizations have more economical agency.

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Is Ethereum 2.0 really the next big wave in the crypto-ecosystem? - AMBCrypto

Review of Facing the Anthropocene: Fossil Capitalism and the Crisis of the Earth System – Resilience

Introduction

This review is a critique of Facing the Anthropocene: Fossil Capitalism and the Crisis of the Earth System by Ian Angus. The review adopted a multi-theoretical framework that combines insights from socio-cognitive terminology theory (STT), legitimation code theory (LCT) and critical discourse analysis (CDA) to respond to some claims and a proposal discussed in the book. The review further appraises two essays in the appendix of the book that clarify some misconceptions and confusions on anthropocene discourse, particularly on whether the choice of the term anthropocene is appropriate. The review concludes with an analysis of the terms (climate change) and (global warming) with a view to show that: (a) the terminology of climate change discourse is also prone to variation and (b) the use of the terms (climate change) and (global warming) interchangeably in the book is indexical of growth in disciplinarity.

Background

Facing the Anthropocene: Fossil Capitalism and the Crisis of the Earth System describes a new geological epoch (the anthropocene) and its impacts on the earth system. The book further identifies the possible cause of the present crisis of the earth system (fossil capitalism) and discusses the effects of fossil capitalism on the earth system (environmental degradation, climate change). The book concludes with a proposal on what needs to be done (eco-civilization and solidarity) to address the environmental crisis caused by exploration of fossil fuels (coal, oil and gas) for economic gains. The book is a critique of fossil fuel economy that is underpinned with Marxist Ecological Thinking and backed with epistemic inputs from cutting edge research in the sciences (Chemistry, Geology, Atmospheric Science, Geophysics, Hydrology, Marine, Meteorology and Cosmology) and the social sciences (Neo-classical Economics, Geography). The central thesis of the book is that the adverse changes in the physical environment today are caused by fossil capitalism and that humanity needs to evolve an eco-social civilization that can curb capitalist destruction of the earth system.

Overview of the thematic strands

The book has three major parts, with each discussing the different themes discussed in the book. The first part (A No Analog State) presents the scientific evidence for the anthropocene and clarifies some basic concepts related to planetary boundaries. The second section (Fossil Capitalism) examines anthropocene as an eco-social phenomenon and discusses its devastating impacts on the environment. In the third section (The Alternative), Ian Angus proposes an agenda for addressing climate change arguing that ecological issues should be integrated into socialist thinking rather than being viewed as a discretionary practice. The book also has a forward by John Bellamy Foster and a preface by a renowned environmentalist, Barry Commoner. The appendix of the book has two essays (What is in a name? and Confusions and Misconceptions) that respond to claims among conservative green circles that the choice of the term anthropocene is a misnomer and that anthropocene discourse blames humanity for the crisis of the earth system.

Part 1: A No Analog State

Anthropocene as a new biophysical phenomenon with little recognition in mainstream media and environmental discourse

In this section of the book, Ian Angus announces the emergence of a new geological epoch (anthropocene) and denounces how the recognition of this knowledge is lacking in the mainstream media and in climate change discourse. The author presents a range of scientific evidence and biophysical indicators to support his claim that the earth has moved beyond the threshold of its natural variability (in the Holocene with normal balance between carbon, nitrogen and oxygen) to a deadly climate regime (the Anthropocene), which according to Ian Angus is characterised by significant human impact on earths geology and ecosystem arising from an unprecedented levels of oxygen and nitrogen. The author concludes the section by outlining the implications of living in an age that is less biologically diverse, less forested, much warmer and stormier and capable of veering the earth into an uncharted territory.

Part 2: Fossil Capitalism

Market economies and technological projects are responsible for the earth crisis in the anthropocene

In the second part of the book, Angus identifies fossil capitalisms drive for profit [and] accumulation of more capital and technological projects (such as) as the root causes of the global environmental crisis. Motivated by Marxist Ecological Ideology, precisely the works of Justus von Liebig and Karl Marx, Angus describes the general features of global capitalism, the specific ways in which it has evolved since the latter half of the 20th century and its impact on the ecosystem from the standpoint of fossil market economy. Citing Americas military spending (of about 130 times what it spent on humanitarian aid in 2013), profits derived from war and military Keynesianism, the author justifies why market economies and technological projects are responsible for the present earth crisis. Angus concludes the section on a catastrophic note cautioning that if fossil capitalism remains dominant, the anthropocene will be a new dark age of barbarous rule by a few and barbaric suffering for most(Pp.187).

Part 3: The Alternative

Eco-socialist civilization and solidarity are needed to derail capitalisms Hell Bound Train

The third section of the book presents an eco-socialist agenda for addressing the environmental crisis caused by an economic system that values profits more than life. The neo-marxist proposal recommends a conscious and collective struggle to derail capitalisms destructive train. The components of the proposed framework include: the provision of decent human existence for everyone, the elimination of domination or control of humans by others, the development of worker and community control of factories, farms and other workplaces, promotion of easy recall of elected personnel, and recreating the unity between humans and the natural systems (Pp.196-197).

Responding to Facing the Anthropocene: Fossil Capitalism and the Crisis of the Earth System using a multi-theoretical framework

A No Analog State: provision of epistemic access to knowledge on the anthropocene

This section adopts a multi-theoretical framework that combines insights from socio-cognitive terminology theory (STT), legitimation code theory (LCT) and critical discourse analysis (CDA) to respond to some claims and a proposal discussed in the book. From the standpoint of Legitimation Code Theory, discourse on climate science can be described as a field of practice that is dominated by knower codes. This means that, climate change narratives render knowledge invisible to outsiders (non-specialists) [possibly] because of its scientific subject matter. To an extent, Ian Angus can be exonerated of this criticism because he has been able to step down knowledge on the anthropocene to non-specialist readers. He particularly achieves this by employing related concepts on planetary boundaries that are clearly explained to the reader. The author also uses simple language to unpack technical concepts such that anyone could use the knowledge in the book to speak intelligibly about climate science. Furthermore, the discourse is persuasive. In other words, contentious issues in the book are backed with data from cutting edge research in science and social sciences. These discourse strategies not only provide epistemic access to knowledge on the anthropocene but also contribute to shaping knowledge on the crisis of the earth system, which the author decries were lacking in mainstream media and environmental discourse.

Fossil Capitalism: alignment with consensus view on the causes of climate change

The philosophical bias in the book is underpinned by a perspective that the cause of climate change is anthropogenic or man made. This argument runs counter intuitive to other theories linking climate change to effects of cosmic radiation arising from the successive passages of the planet through the various spiral arms of the Milky Way Galaxy (Shaviv, 2002) or to an Astrophysical Cycle Event (Polar Wander), in which the spin axis of the earth shifts locations relative to the surface of our planet (Woodworth & Gordon, 2018). A critical discourse analysis of the book indicates that these perspectives are missing in Ian Angus book. The focus of the book rather is on the consensus claim that fossil capitalisms destructive role poses a grave threat to the future of humanity and should not be allowed to continue unabated. The non-recognition of these opposing perspectives can provide a basis for labelling Facing the Anthropocene: Fossil Capitalism and the Crisis of the Earth System as a socialist plot that is aimed at undermining fossil fuel capitalist interests.

The Alternative: A Socialist Realist framework for Addressing the Crisis of the Earth System

Technological projects proposed to tackle the crisis of the earth system in anthropocene discourse are myriad. For instance, Roll Royce-Airbus-Siemens are developing a hybrid plane (known as E-Fan) that could reduce nitrous oxide by 90% and noise by 65 by using a supplemental electric motor to help supply the extra power needed for take-offs. Similarly, a Silicon Valley venture capital firm, Y Combinator, unveiled a radical desert flooding plan that would create millions of 1-acre-square micro-reservoirs to grow enough algae to eat up all of earths climate-changing carbon dioxide. Environmental scientists are also proposing an ingenious project that would require the spraying of sun-dimming chemicals into the earths atmosphere to reduce the impact of ultra-violet rays that depletes the ozone layer (Delluchi & Jacobson,2012).

While these responses to the environmental crisis are commendable, they appear to be top-down approaches that are championed by technocrats, politicians and NGOs. Ian Angus however proposes a bottom up approach that is people oriented and fosters participatory capitalism or worker community control of means of production (factories, farms and other workplaces) as was discussed in the 2020 Davos Summit on climate change. The framework is realistic and innovative and does not put its weight behind ameliorative measures (geoengineering, reduction of emissions,adaptation, climate engineering etc.) but is rather an epistemically-sensitive and coherent response that can foster behavioural change and lays a foundation for subsequent technological interventions.

Response to Ian Angus Essays

Is the choice of the term anthropocene a misnomer?

Ian Angus puts forward a very convincing argument in his first essay (Whats in a name?) to justify the choice of the term anthropocene and why he feels the term is the preferred term candidate that best describes the earths senescence. Alternative term candidates proposed in environmental discourse include: misanthropocene, homogenocene, econocene and capitalocene. He compares the appropriateness of each of the terms and concluded that anthropocene is the preferred term. Angus compared the term anthropocene and the most often proposed term that is popular in left wing green circles (Capitalocene) arguing that the choice of the latter would be a category mistake because capitalism is a 600 year socioeconomic system that predates the anthropocene, which is a 60 year old earth system epoch. Angus further argued that treating them as synonyms can only weaken efforts to get rid of capitalism and mitigate the harm it has caused to the earth system (Pp232).

A further argument put forward by Ian Angus on the choice of the term anthropocene is that the proposed terms (Technocene, Capitaloscene etc) have not been forwarded to a standard body where they would be formally evaluated. Even at that, Angus seems to be oblivious of the fact that neither theInternational Commission on Stratigraphy(ICS), theInternational Union of Geological Sciences(IUGS) and the Anthropocene Working Group (AWG) have officially also approved the term anthropocene as a recognised subdivision ofgeologic time. A consensus on the choice of the term sent to the ICS by the Anthropocene Working Group (AWG) is yet to be debated until 2021.

Response to Ian Angus Essay on Confusion and Misconception on the Anthropocene

Does the book Facing the Anthropocene: Fossil Capitalism and the Crisis of the Earth System blame humanity for the crisis of the earth system?

Naomi Klein-a renowned critic of Angus thesis on the cause of the crisis of the earth system is of the view that the term anthropocene is unhelpful and suggests that humanity in general, rather than the capitalist system, is to blame for climate change. Ian Angus endorses this view but argues further that the anthropocene does not necessarily lead to such a conclusion. Based on insights from CDA, it can be argued that, although anthropocene discourse actually locates humanity as the geological force behind the climate crisis, Ian Angus identifies the capitalists and the affluent contemporary consumer as the human of the anthropocene epoch. Thus, the social reality of who is responsible for the crisis of the earth system is not obscured in the book.

Term variation in anthropocene discourse: intentional obfuscation or growth in epistemology?

As a final comment, the issue of term variation in discourse on the environment will be discussed with a view to illustrate a further source of confusion and misconception. It can be observed that the termglobal warmingand its variantclimate changewere used interchangeably throughout the book despite the fact that both terms activate different senses. In climate science, global warmingdenotes human-caused increase in global surface temperatures projected continuation over time while climate changeincludes bothglobal warmingand its effects, such as changes in precipitation (Wigley, 2006). In the public domain, the terms are contentious and perceived differently. Smith & Leiserowitz (2012) found out that people tend to display a strong negative affective feeling towards the term global warming than climate change. Similar findings were reported in a study by ONeill & Nicholson-Cole (2009) where respondents seemed to have negative and bleak imaginations of the concept of global warming. This distinction is blurred in the book and might constitutes a further source of confusion and misconception to some non-specialist readers.

The issue of Global warming has also been the subject of controversy in the political sphere, substantially more common in themediathan in the scientific literature. For some time now, the legitimacy of global warming as a social problem and its scientific evidence have been challenged on the grounds that global warming was some kind ofsocialistplot to undermine Americancapitalism. What then is the motivation(s) for the authors use of the variants global warming and climate change in his book? I argue in the next section that it is not intentional but indexical of growth in knowledge in the field of climate science.

A meta-analysis of the area which fifteen top most climate scientists have written their doctoral thesis indicates the climate science is a specialised discourse with different points of entry, some of which include: Applied Mathematics, Chemistry, Geology, Atmospheric Science, Geophysics, Hydrology, Marine Geology, Meteorology, Planetary Atmospheres, Physics and Mathematical Theoretical Physics. A cursory look at the bibliography of the book reveals that the author cited some of these scholars in order to provide a nuanced perspective on the crisis of the earth system. For instance, Wallace Smith Broeker, who is often called the grandfather of climate science and some others. It can therefore be argued that the author uses the term variants to possibly accommodate the different perspectives of the scholars whose findings formed the scientific basis of the major arguments in the book. This is consistent with research findings in terminology where multidimensionality and perspectivization (Bowker, 1997; Rogers,2004) are identified as different motivations for the use of term variants in specialised texts.

Conclusion

Facing the Anthropocene: Fossil Capitalism and the Crisis of the Earth System by Ian Angus synthesises findings from cutting edge research in the natural and social sciences to demonstrate how capitalisms excessive drive for growth, fostered by the rapid burning of fossil fuels (coal, oil and gas) for economic gains, has driven the earth to the brink of disaster. Taken as a whole, the issues discussed in the different parts of the book are logical and coherent. The first part clearly describes the crisis of the earth system (climate change). The second part identifies what is causing it (fossil capitalism) while the third part proposes what needs to be done to address the problem (eco-civilization and solidarity). The perspectives offered by the author on the crisis of the earth system are nuanced, thought provoking and relevant for anyone who wants to talk intelligibly about climate change and its impacts on the environment.

References

Bowker, L. (1997). 1.4. 4 Multidimensional Classification of Concepts and Terms.Handbook of Terminology Management: Basic aspects of terminology management,1, 133.

Delucchi, M. A., & Jacobson, M. Z. (2012). Response to A critique of Jacobson and Delucchis proposals for a world renewable energy supply by Ted Trainer.Energy Policy,44, 482-484.

Koshy, J. (2017). Ian Angus, Facing the Anthropocene: Fossil Capitalism and the Crisis of the Earth System. NYU. 2016. Pp 280 $95. The Hindu, 4th November, 2017.

ONeill, S., & Nicholson-Cole, S. (2009). Fear wont do it promoting positive engagement with climate change through visual and iconic representations.Science Communication,30(3), 355-379.

Rogers, M. (2004). Multidimensionality in concepts systems: A bilingual textual perspective.Terminology. International Journal of Theoretical and Applied Issues in Specialized Communication,10(2), 215-240.

Smith, N., & Leiserowitz, A. (2012). The rise of global warming skepticism: Exploring affective image associations in the United States over time.Risk Analysis: An International Journal,32(6), 1021-1032.

Shaviv, N. J. (2002). Cosmic ray diffusion from the galactic spiral arms, iron meteorites, and a possible climatic connection.Physical review letters,89(5), 051102.

Wigley, T. M. (2006). A combined mitigation/geoengineering approach to climate stabilization.Science,314(5798), 452-454.

Woodworth, D., & Gordon, R. G. (2018). Paleolatitude of the Hawaiian hot spot since 48 Ma: Evidence for a midCenozoic true polar stillstand followed by late Cenozoic true polar wander coincident with Northern Hemisphere glaciation.Geophysical Research Letters,45(21), 11-632.

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Analysis: Hellish reality of modern information ecosystem presents particular danger during pandemic – CNN

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She discusses the president's communication style and choices with Brian Stelter."},{"title":"Making sense of 'mindbogglingly huge' numbers","duration":"02:19","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2020/05/10/making-sense-of-mindbogglingly-huge-numbers.cnn/index.xml","videoId":"business/2020/05/10/making-sense-of-mindbogglingly-huge-numbers.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200510150219-rs-a-block-rampell-large-169.jpg","videoUrl":"/videos/business/2020/05/10/making-sense-of-mindbogglingly-huge-numbers.cnn/video/playlists/business-media/","description":"Catherine Rampell says the number of unemployed Americans is "mindbogglingly huge," and comparisons with past crises "help people wrap their minds around it, the level if devastation there is." She adds: "Telling the actual stories of real people is critical right now so that it doesn't seem so abstract."","descriptionText":"Catherine Rampell says the number of unemployed Americans is "mindbogglingly huge," and comparisons with past crises "help people wrap their minds around it, the level if devastation there is." She adds: "Telling the actual stories of real people is critical right now so that it doesn't seem so abstract.""},{"title":"This network promotes conspiracy theories. President Trump is raising its profile","duration":"05:18","sourceName":"CNN Business","sourceLink":"http://www.cnn.com/business","videoCMSUrl":"/video/data/3.0/video/business/2020/04/30/one-america-news-trump-orig.cnn-business/index.xml","videoId":"business/2020/04/30/one-america-news-trump-orig.cnn-business","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200505063030-20200505-trump-oan-gfx-large-169.jpg","videoUrl":"/videos/business/2020/04/30/one-america-news-trump-orig.cnn-business/video/playlists/business-media/","description":"CNN's Brian Stelter introduces a little-known network that pushes far-right commentary and the occasional conspiracy theory. That network is One America News, a favorite of President Trump.","descriptionText":"CNN's Brian Stelter introduces a little-known network that pushes far-right commentary and the occasional conspiracy theory. That network is One America News, a favorite of President Trump."},{"title":"This Trump campaign ad is misleading. CNN sent the campaign a cease-and-desist letter","duration":"01:57","sourceName":"CNN Business","sourceLink":"http://www.cnn.com/business","videoCMSUrl":"/video/data/3.0/video/business/2020/05/05/trump-campaign-ad-cnn-cease-and-desist-orig.cnn-business/index.xml","videoId":"business/2020/05/05/trump-campaign-ad-cnn-cease-and-desist-orig.cnn-business","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200504141952-trump-china-large-169.jpg","videoUrl":"/videos/business/2020/05/05/trump-campaign-ad-cnn-cease-and-desist-orig.cnn-business/video/playlists/business-media/","description":"A lawyer for CNN's parent company, WarnerMedia, has written President Trump's re-election campaign a cease-and-desist letter because of the misleading contents of a new campaign ad.","descriptionText":"A lawyer for CNN's parent company, WarnerMedia, has written President Trump's re-election campaign a cease-and-desist letter because of the misleading contents of a new campaign ad."},{"title":"Fauci to Cuomo: Don't think people realized how you were sucking it up","duration":"03:00","sourceName":"CNN","sourceLink":"http://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/media/2020/05/05/anthony-fauci-chris-cuomo-coronavirus-sot-vpx-cpt.cnn/index.xml","videoId":"media/2020/05/05/anthony-fauci-chris-cuomo-coronavirus-sot-vpx-cpt.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200504215047-cuomo-fauci-split-large-169.jpg","videoUrl":"/videos/media/2020/05/05/anthony-fauci-chris-cuomo-coronavirus-sot-vpx-cpt.cnn/video/playlists/business-media/","description":"u003ca href="http://www.cnn.com/profiles/chris-cuomo-profile" target="_blank">CNN's Chris Cuomou003c/a> talks with Dr. Anthony Fauci, who called him and his family almost every day to check in on their health.","descriptionText":"u003ca href="http://www.cnn.com/profiles/chris-cuomo-profile" target="_blank">CNN's Chris Cuomou003c/a> talks with Dr. Anthony Fauci, who called him and his family almost every day to check in on their health."},{"title":"Anderson Cooper announces he is a father","duration":"03:43","sourceName":"CNN","sourceLink":"https://www.cnn.com/?refresh=1","videoCMSUrl":"/video/data/3.0/video/media/2020/05/01/anderson-cooper-father-wyatt-morgan-cooper-vpx.cnn/index.xml","videoId":"media/2020/05/01/anderson-cooper-father-wyatt-morgan-cooper-vpx.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200430220607-wyatt-morgan-cooper-01-screengrab-anderson-large-169.jpg","videoUrl":"/videos/media/2020/05/01/anderson-cooper-father-wyatt-morgan-cooper-vpx.cnn/video/playlists/business-media/","description":"CNN's u003ca href="http://www.cnn.com/profiles/anderson-cooper-profile" target="_blank">Anderson Cooperu003c/a> reveals that he has become a father. His son's name is Wyatt Morgan Cooper. ","descriptionText":"CNN's u003ca href="http://www.cnn.com/profiles/anderson-cooper-profile" target="_blank">Anderson Cooperu003c/a> reveals that he has become a father. His son's name is Wyatt Morgan Cooper. "},{"title":"Reporter goes on air without pants and viewers notice","duration":"01:03","sourceName":"CNN","sourceLink":"http://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/media/2020/04/29/reporter-no-pants-abc-good-morning-america-eg-orig.cnn/index.xml","videoId":"media/2020/04/29/reporter-no-pants-abc-good-morning-america-eg-orig.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200428113241-good-morning-america-reporter-no-pants-trnd-large-169.jpg","videoUrl":"/videos/media/2020/04/29/reporter-no-pants-abc-good-morning-america-eg-orig.cnn/video/playlists/business-media/","description":"During a segment on "Good Morning America," ABC News reporter Will Reeve accidentally revealed he was wearing shorts instead of pants for his moment on air.","descriptionText":"During a segment on "Good Morning America," ABC News reporter Will Reeve accidentally revealed he was wearing shorts instead of pants for his moment on air."},{"title":"What Trump and Fox News hosts said about hydroxychloroquine","duration":"04:23","sourceName":"CNN","sourceLink":"http://www.cnn.com/","videoCMSUrl":"/video/data/3.0/video/media/2020/04/22/trump-fox-news-hydroxychloroquine-stelter-sot-nr-vpx.cnn/index.xml","videoId":"media/2020/04/22/trump-fox-news-hydroxychloroquine-stelter-sot-nr-vpx.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200422133717-donald-trump-sean-hannity-laura-ingraham-split-large-169.jpg","videoUrl":"/videos/media/2020/04/22/trump-fox-news-hydroxychloroquine-stelter-sot-nr-vpx.cnn/video/playlists/business-media/","description":"CNN's Brian Stelter says that Fox News hosts have been silent about a test that appears to link hydroxychloroquine to an increased death rate in Covid-19 patients after weeks of touting the drug as a treatment for the virus.","descriptionText":"CNN's Brian Stelter says that Fox News hosts have been silent about a test that appears to link hydroxychloroquine to an increased death rate in Covid-19 patients after weeks of touting the drug as a treatment for the virus."},{"title":"John Oliver takes aim at Fox News coronavirus coverage","duration":"02:34","sourceName":"CNN","sourceLink":"http://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/media/2020/04/22/john-oliver-fox-news-coronavirus-eg-orig.cnn/index.xml","videoId":"media/2020/04/22/john-oliver-fox-news-coronavirus-eg-orig.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200422025527-john-oliver-fox-news-large-169.jpg","videoUrl":"/videos/media/2020/04/22/john-oliver-fox-news-coronavirus-eg-orig.cnn/video/playlists/business-media/","description":"John Oliver takes a deep dive into conservative media pushing misinformation about the coronavirus on "HBO's Last Week Tonight."","descriptionText":"John Oliver takes a deep dive into conservative media pushing misinformation about the coronavirus on "HBO's Last Week Tonight.""},{"title":"Chris Cuomo returns from his basement quarantine","duration":"02:01","sourceName":"CNN","sourceLink":"https://www.cnn.com/","videoCMSUrl":"/video/data/3.0/video/media/2020/04/21/chris-cuomo-returns-from-basement-coronavirus-quarantine-cpt-bts-vpx.cnn/index.xml","videoId":"media/2020/04/21/chris-cuomo-returns-from-basement-coronavirus-quarantine-cpt-bts-vpx.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200420214946-chris-cuomo-emerging-from-quarantine-large-169.jpg","videoUrl":"/videos/media/2020/04/21/chris-cuomo-returns-from-basement-coronavirus-quarantine-cpt-bts-vpx.cnn/video/playlists/business-media/","description":"CNN's u003ca href="https://www.cnn.com/profiles/chris-cuomo-profile" target="_blank">Chris Cuomou003c/a> says he has been cleared to end his self-quarantine in his basement, a day he has been dreaming of for weeks. ","descriptionText":"CNN's u003ca href="https://www.cnn.com/profiles/chris-cuomo-profile" target="_blank">Chris Cuomou003c/a> says he has been cleared to end his self-quarantine in his basement, a day he has been dreaming of for weeks. "},{"title":"Brooke Baldwin on Covid-19: My body gave me the middle finger","duration":"03:39","sourceName":"CNN","sourceLink":"https://www.cnn.com/","videoCMSUrl":"/video/data/3.0/video/media/2020/04/20/brooke-baldwin-coronavirus-lessons-learned-nr-keilar-intv-vpx.cnn/index.xml","videoId":"media/2020/04/20/brooke-baldwin-coronavirus-lessons-learned-nr-keilar-intv-vpx.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200417134353-brooke-baldwin-sofa-large-169.jpg","videoUrl":"/videos/media/2020/04/20/brooke-baldwin-coronavirus-lessons-learned-nr-keilar-intv-vpx.cnn/video/playlists/business-media/","description":"CNN'su003ca href="/profiles/brooke-baldwin-profile" target="_blank"> Brooke Baldwinu003c/a>, who tested positive for the Covid-19 earlier this month, shares some of the lessons she learned coping with the coronavirus. ","descriptionText":"CNN'su003ca href="/profiles/brooke-baldwin-profile" target="_blank"> Brooke Baldwinu003c/a>, who tested positive for the Covid-19 earlier this month, shares some of the lessons she learned coping with the coronavirus. "},{"title":"Dr. Oz, Dr. Drew and Dr. Phil made these claims on Fox News. Now they're backtracking","duration":"03:17","sourceName":"CNN Business","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2020/04/17/dr-oz-dr-drew-dr-phil-fox-news-misleading-claims-orig.cnn-business/index.xml","videoId":"business/2020/04/17/dr-oz-dr-drew-dr-phil-fox-news-misleading-claims-orig.cnn-business","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200417145124-20200417-dr-drew-dr-phil-dr-oz-fox-gfx-large-169.jpg","videoUrl":"/videos/business/2020/04/17/dr-oz-dr-drew-dr-phil-fox-news-misleading-claims-orig.cnn-business/video/playlists/business-media/","description":"TV hosts Dr. Mehmet Oz, Dr. Drew Pinsky and Phil McGraw have all appeared on Fox News and made these misleading claims about coronavirus. Now, all of them are backtracking.","descriptionText":"TV hosts Dr. Mehmet Oz, Dr. Drew Pinsky and Phil McGraw have all appeared on Fox News and made these misleading claims about coronavirus. Now, all of them are backtracking."},{"title":"Weatherman ends his report with fierce drumming display","duration":"01:27","sourceName":"CNN","sourceLink":"https://www.cnn.com/","videoCMSUrl":"/video/data/3.0/video/media/2020/04/16/bbc-weatherman-drummer-wyn-evans-orig-vstan-bdk.cnn/index.xml","videoId":"media/2020/04/16/bbc-weatherman-drummer-wyn-evans-orig-vstan-bdk.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200416135514-bbc-weather-drummer-wyn-evans-1-large-169.jpg","videoUrl":"/videos/media/2020/04/16/bbc-weatherman-drummer-wyn-evans-orig-vstan-bdk.cnn/video/playlists/business-media/","description":"BBC weatherman Owain Wyn Evans struck internet gold by ending one of his weather reports from home while drumming his show's theme music.","descriptionText":"BBC weatherman Owain Wyn Evans struck internet gold by ending one of his weather reports from home while drumming his show's theme music."},{"title":"BBC host slams politicians for saying 'fighters' can survive Covid-19","duration":"01:20","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2020/04/09/emily-maitlis-coronavirus-lon-orig-tp.cnn/index.xml","videoId":"business/2020/04/09/emily-maitlis-coronavirus-lon-orig-tp.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/200409103353-01-emily-maitlis-grab-large-169.jpg","videoUrl":"/videos/business/2020/04/09/emily-maitlis-coronavirus-lon-orig-tp.cnn/video/playlists/business-media/","description":"Emily Maitlis, host of BBC current affairs program Newsnight, criticized UK government officials on Wednesday for their language surrounding the coronavirus.","descriptionText":"Emily Maitlis, host of BBC current affairs program Newsnight, criticized UK government officials on Wednesday for their language surrounding the coronavirus."}],'js-video_headline-featured-1no2jyh','',"js-video_source-featured-1no2jyh",true,true,'business-media');if (typeof configObj.context !== 'string' || configObj.context.length

Continued here:

Analysis: Hellish reality of modern information ecosystem presents particular danger during pandemic - CNN

MOXY Is A Non-Partisan Online Ecosystem To Inform And Engage You In Politics – Android Headlines

It's a cliche to say that we live in turbulent political times. Never before have the institutions and norms that underpin US democracy seemed more vulnerable to the forces of demagoguery, corruption, and maybe worst of all apathy.

We all know that our representatives take huge contributions from lobbyists, making them more accountable to interest groups than to us, their constituents.

But the blame for this parlous state of affairs doesn't only lie with corrupt politicians and amoral institutions. It lies with the nearly 50% of eligible voters who don't turn up. You may well be one of those abstainers.

No judgement here. Politics can be arcane, opaque, and aloof. That's why you need MOXY, a new app and online ecosystem from developer Epluribus, designed to demystify the political process and give you a more direct line of communication to your representatives.

MOXY is totally non-partisan, and exists purely to encourage democratic participation. It does this in a number of ways the eight keystones around which the app is designed.

First up, MOXY allows users to quickly and easily view upcoming local, regional, and national elections. It includes information on the candidates and other ballot measures.

It also has a section on elected representatives, allowing you to follow, contact, and review those that represent you on a local, regional, and national level.

Proposed and enacted legislation is visible in the app, too, along with pertinent details to enable users to understand how they might be affected by the new laws.

Then there are the forums, where users can discuss, debate, and exchange political views. Civil discourse is a vital ingredient of a healthy democracy, and this is where it happens. This is augmented by a handy chat function, where you can message friends, colleagues, and representatives.

MOXY also contains surveys and polls to help you get a sense of the big picture and contribute to the discussion in a quick and easy way.

There's a carefully curated library of featured podcasts, too. These allow users to avail themselves of the most insightful and informative punditry available. And there are live streams, where you can get immediate updates from community leaders and representatives.

The free, ad-supported version of MOXY lets you register to vote, check your status, connect with your representatives, and more. The premium version, meanwhile, gets rid of ads and lets you Go Live daily. A further Power User tier lets you lead your own forum, create chat groups, start a podcast, and Go Live three times a day.

Download MOXY right now on Google Play and the App Store.

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MOXY Is A Non-Partisan Online Ecosystem To Inform And Engage You In Politics - Android Headlines

Humio Joins the IBM Edge Ecosystem to Bring Real-Time Insights to Organizations Deploying Edge Computing – DevOps.com

Humios live streaming log management platform adds scalability and real-time analytics to the IBM Edge Ecosystem

Already a member of IBMs Cloud Pak for Multicloud Management ecosystem, Humio is pleased to announce it is now part of the IBM Edge Application Manager Ecosystem, a platform designed to remove the complexity of the scale and variability of edge deployments, an initiative designed to help enterprises capture the opportunities of edge computing with a variety of solutions built upon IBMs technology. Humios log management platform streams event data in real time to give insights on data from edge computing for retail, manufacturing, healthcare, and any other industry.

Organizations are deploying edge computing strategies to extend compute and move data storage closer to where the data is being created, and to protect a rapidly-growing number of distributed endpoints. Humio is able to manage hundreds of terabytes of logs, events, and other data a day, in real time, to monitor performance, security, and business metrics, and search for threats, incidents and errors to discover the root cause.

Trifork operates more than 250,000 edge devices in a battlefield with IT security threads, OTA firmware updates and network infrastructure changes. We use Humio as the central component to monitor all edge devices and servers. The platforms capabilities to drill down in data reduces the time from issue detection to solution minimizing the impact of cyberattack or unforeseen changes in network infrastructure. Sren Eskildsen, CCO of IoT, Trifork

IDC predicts that by 2023, half of the newly deployed on-premises infrastructure will be in critical edge locations rather than corporate datacenters, up from less than 10% today.1 Humio enables customers to prepare for this transformation with a modern, scalable log management platform and its unlimited ingest plan to allow users to store any amount of data from across distributed systems. And Humios index-free design leverages principles of mechanical sympathy, reducing CPU power demand and making it suited for a system made up of less-powerful, decentralized servers.

Humio collects machine data from edge devices, gateways, and servers to monitor the health of the entire infrastructure, detect security incidences, and reveal insights into the customer experience.

Humio CEO Geeta Schmidt explains how IBM and Humio provide unique business value.

We are excited to be part of the IBM Edge Ecosystem to provide observability and deliver valuable insights for data coming from every part of the enterprise. Collaborating with IBM allows us to be part of the industry-leading movement to gain intelligence from an ocean of data. While most organizations struggle to understand whats happening at the edge, Humios ability to log everything at scale makes it possible for customers to monitor the performance and use of all endpoints in real time, and designed to dramatically improve their experience. Geeta Schmidt, CEO Humio

With the expansion of edge technologies, data will be created at unprecedented rates. IDCs DataSphere forecasts that the amount of data generated will grow at a compound annual growth rate (CAGR) of 25.8% through 2023.1 Made with an index-free architecture and 10-20x compression technology for log and event data, Humio is situated to meet the future data scalability needs of the IBM Edge Ecosystem, providing an affordable means of observability for complex distributed systems.

Humio helps secure the infrastructure and its endpoints by providing actionable, real-time alerts and the ability to instantly search streaming or historical data. Humio helps security response teams to quickly discover the root causes, and address problems that may otherwise prevent users from taking advantage of edge technologies.

Humio offers a view into what is happening across the network and at the edge in real time, or at any point in the past, at scale. Users can deploy Humio at a central location, or in locations near the edge.

Learn more about how Humio supports an unlimited flow of data:Why Unlimited?

See Humio in action by scheduling a30-minute live demowith one of our product experts, or get started with afree 30-day trial.

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Humio Joins the IBM Edge Ecosystem to Bring Real-Time Insights to Organizations Deploying Edge Computing - DevOps.com

Square Still Represents a Very Attractive Investment – TheStreet

Square's (SQ) - Get ReportrecentQ1 2020 results surprised investors by missingits EPS estimates, although its shares still rallied. Indeed, Square's stock has been very volatile, as have most stocks of late, and although Square missed bottom-line estimates due to having to take reserves for transaction and loan losses, these are one-off and there's more here than meets the eye.

Square's smaller peer-to-peer payment service, Cash App, makes up 33% of total gross profits, but it's growing very quickly at triple digit revenue growth ratesand shows no signs of slowing down.

Square is priced at 7.4 times trailing sales, but its revenues continue to grow rapidly year-over-year by 44%.

Square reports that before the impact of COVID-19, the company was growing its gross profits 51% year-over-year, excluding its divested Caviar business. Gross profits are Square's preferred key performance indicator rather than revenues, sinceits cost of revenues includesprocessing fees and bank settlement fees paid to third-party payment processors, which are largely out of its control.

Performance before the impact of shelter-in-placehas been a theme among most reporting companies this quarter. Square notes that Q1 was performing strongly, but that in the second half of March, its results severely contracted.

Further, similar to most companies, despite Square stating that it expects a "material impact" to its upcoming results, investors are willing to look past that on the expectation that once the economy reopens, companies will be performing strongly once again.

It has long been understood that although Square derives 66% of its total gross profits from its Seller ecosystem, making it by far Squares biggest segment, this segment'srevenue growth rate is rapidly decelerating.

Specifically, despite Squares strong performance in the first two months of Q1 2020, the final two weeks of Q1 dragged down its Seller ecosystem segments performance so that it ended the quarter growing its revenues at 18% year-over-year.

Looking back to 2018, Squares Seller ecosystem was growing its revenue growth rates at 38%, then in 2019 it was growing its revenue growth rates at 30%. And Square exited Q4 2019 growing at 27%. Hence, even without the impact of COVID and shelter-in-place, the trend on Squares Seller ecosystem was already slowing down. Why?

This spaces economics are simply too attractive and face intense competition from numerous players, such as PayPal (PYPL) - Get Report, Shopify (SHOP) - Get Reportand Stripe. What's more, the latter weeks of March and in early April were particularly challenging for Squares Seller ecosystem, as it mostly relies on person-to-person card contact.

However, starting in the second half of April, this business unit started to stabilize as many businesses adapted their operations. Indeed, Squares Gross Payment Volume bounced back slightly compared with the start of April, driven by new sellers adapting to contactless commerce, thetiming of the Easter holiday and government stimulus programs.

If Squares story ended there, the allure of this stock would be wrongly placed. But although Squares Cash App segment only accounts for approximately a third of Squares total gross profits, this segment continues to grow its revenues at a breakneck pace.

This latest quarter saw Squares Cash App gross profits grow by 115% year-over-year. The readers' first question will be, was this a one-off, somehow related to COVID? Absolutely not.

Looking back to Q4 2019 this segment was up 147% year-over-year, and for Q3 2019 this segment was up 115% compared with the same period in the prior year.

So why is this segment growing at such a rapid clip? As Squares CEO Jack Dorsey (who is also Twitters (TWTR) - Get Report CEO) states, Square is about making payments quick and painless.

Squares Cash App is also attractive because it has very strong network effects since when a friend or employee adopts Cash App, they ask someone else to join them so that they can send payments to each other.

Accordingly, not only is Cash App seeing increased customers using Cash App to send payments, including celebrities sending funds to help support their fans and followers during this troublesome period, but its increased array of products are resonating with its existing customers, which is increasing the lifetime value of each customer, driving an increase in profitability.

On the surface, Square has is barely profitable. Furthermore, this quarter saw Squares EBITDA fall 85% year-over-year, as Square took reserves for transaction and loan losses. However, investors are seeing past this bumpy period and are willing to give Squares diversified portfolio the benefit of the doubt.

Presently, investors are paying 7.4 times Square's trailing twelve-month sales, which is in line with what investors have been paying during the 2018-2019 period.

Square's portfolio has two main segments. Its larger segment, Seller Ecosystem is still growing its revenue growth rates, but at a decelerating rate.

It also has a smaller segment, Cash App, that accounts for approximately 33% of total gross profits and it's postingtriple digits growth rates and showing no signs of slowing down any time soon.

It's still early days for its Cash App segment, but its performance looks very promising.

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Square Still Represents a Very Attractive Investment - TheStreet

Pakistan is one of the fastest emerging startup ecosystem in Asia, McKinsey & Co – Technology Times Pakistan

Pakistan has become one of the fastest emerging economies in Asia which support startups. The startup ecosystem is flourishing in Pakistan and this is leading startups to become leading companies in the future.

The young talent with innovative ideas and advancement is growing a new era of the economy in Pakistan. According to McKinsey & Cos latest report on the Pakistani startup ecosystem, Pakistan has become one of the emerging economies in Asia.

The report also claims that since 2010, in Pakistan, around 720 startups had been created and from which 67 percent.

are still operational, including 100 that have gained funding from international investors.

International companies have also shown their trust in Pakistans tech market. The Chinese famous e-commerce giant Alibaba.com has acquired Pakistans well-known e-commerce store, Daraz.pk, for $200 million.

Here are a few of the shining startups of Pakistan that are achieving immense success in a short-term period.

Zameen.com was founded in 2006 and is one of the most well-funded startups in Pakistan. Up till now, in disclosed venture capital funding, Zameen.com has raised $29 million.

It is an app-based transportation service provider. To date, Airlift has raised $14.2 million in disclosed venture capital funding.

It is a Pakistan-based logistics company that offers multiple online delivery services such as delivering gifts, food, medicines, books, parcels, cosmetics, etc. The Startup managed to raise $7.8 million in a series.

It is the most popular website for employers and job seekers in Pakistan. Till now, Rozee.pk has raised $8.5 million.

Founded in 2016, it is an on-demand transport and logistics startup. Up till now, Bykea has raised $5.7 million in disclosed venture capital funding.

It is the most well-funded FinTech startup in Pakistan.According to Crunchbase, in 2019, investors poured $36 million into 14 Pakistani tech startups across 15 deals.

Follow this link:

Pakistan is one of the fastest emerging startup ecosystem in Asia, McKinsey & Co - Technology Times Pakistan

Revealed: Plants Molecular Alarm System That Protects Them From Predators – SciTechDaily

A cellular pathway in plants to sense danger signals and elicit a response. Credit: Tokyo University of Science

Scientists uncover how oral secretions of the cotton leaf worm trigger defense responses in a plant.

In nature, every species must be equipped with a strategy to be able to survive in response to danger. Plants, too, have innate systems that are triggered in response to a particular threat, such as insects feeding on them.

For example, some plants sense herbivore-derived danger signals (HDS), which are specific chemicals in oral secretions of insects. This activates a cascade of events in the plants defense machinery, which leads to the plant developing resistance to (or immunity against) the predator. But despite decades of research, exactly how plants recognize these signals has remained a bit of a mystery.

In a new study published in Communications Biology, a research team from Tokyo University of Science, Ehime University, Okayama University, The University of Tokyo, and Iwate Biotechnology Research Center, led by Prof Gen-ichiro Arimura, attempts to shed light on exactly how plant HDS systems work.

They chose to study membrane proteins called receptor-like kinases (RLKs), which are found in soybean leaves. They based their study on previous evidence from plants like Arabidopsis, tobacco, and cowpea, in which RLKs play a major role in HDS systems.

Prof Arimura says, Scientists have been trying to understand the molecular mechanism of plant resistance for years, but the sensors involved in plant recognition of insect pests are still not known. Thus, we wanted to get a detailed understanding of these mechanisms.

To begin with, the scientists focused on soybean RLK genes that were structurally and functionally similar to a RLK gene, which is known to trigger a danger response by recognizing oligosaccharides (small carbohydrate molecules) during pathogen attack. They speculated that owing to these similarities, soybean genes might also show a mechanism similar to that seen in pathogen resistance. They found 15 such genes through genetic analysis.

Next, the scientists generated 15 types of Arabidopsis plants, each plant uniquely expressing only one of the 15 individual soy genes. When they tested these plants using oral secretions from the pest, they uncovered genes for two novel RLKs that showed a defense response specific to the oral secretions, called GmHAK1 and GmHAK2.

These findings were unprecedented: the role of these RLKs in soybean HDS systems had never been revealed before. Moreover, when the scientists dug deeper into the mechanism of these regulatory factors in Arabidopsis, they found two proteins, a HAK homolog and PBL27 (which play a role in intracellular signaling), to be involved in this pathway. Accordingly, this confirmed what the scientists had initially expected soybean and Arabidopsis possess similar mechanisms for danger response.

In agriculture, it is crucial to develop strategies for pest control in crop plants to avoid incurring losses. This study takes a massive step in this direction by uncovering an important cellular mechanism that triggers defense response in plants. Manipulating this innate cellular system may even help scientists to fuel the development of new agricultural products, potentially making life easier for farmers.

Prof Arimura concludes, It has been challenging to find new pest control methods that are effective and do not harm the ecosystem in any way. Our study offers a potential solution to this problem by uncovering the details of how certain plants develop resistance.

Reference: Soy and Arabidopsis receptor-like kinases respond to polysaccharide signals from Spodoptera species and mediate herbivore resistance by Takuya Uemura, Masakazu Hachisu, Yoshitake Desaki, Ayaka Ito, Ryosuke Hoshino, Yuka Sano, Akira Nozawa, Kadis Mujiono, Ivan Galis, Ayako Yoshida, Keiichirou Nemoto, Shigetoshi Miura, Makoto Nishiyama, Chiharu Nishiyama, Shigeomi Horito, Tatsuya Sawasaki and Gen-ichiro Arimura, 8 May 2020, Communications Biology.DOI: 10.1038/s42003-020-0959-4

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Revealed: Plants Molecular Alarm System That Protects Them From Predators - SciTechDaily


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