Category Archives: Technology

WEST CHESTER, Pa.--(BUSINESS WIRE)--Molecular Targeting Technologies, Inc. (MTTI) announce publication of their Spray technology in ACS Sensors, entitled Near-Infrared Fluorogenic Spray for Rapid Tumor Sensing. This article was highlighted in the American Chemical Society (ACS) Weekly PressPac*. MTTIs Drs. Brian Gray and Chris Pak are co-authors and co-inventors of this technology.

Dr. John Chan, MD, Director of Gynecologic Oncology, Sutter Cancer Research Consortium said, The accuracy of cancer surgery in detecting small volume disease is poor. This novel technology will help surgeons target cancerous lesions and decrease the operative time and number of biopsies of nonmalignant inflammatory tissues to avoid unnecessary complications.

Dr. Adrian Leong, MBBS, M Med (Surgery), Director, Alliance Healthcare commented, Curative cancer surgery requires the total removal of all cancerous tissue. It can be difficult to tell how far the tumor margins extend. The Spray technology specifically lights up cancerous tissue so it can be readily identified and removed during surgery. Successful application of this technique will be a boon to cancer surgeons."

Dr. Brian Gray, Senior Vice President of Product Development at MTTI said, Our sprayable, fast-acting, sensitive and tumor specific agent makes ovarian cancer tumors glow under near infrared light during surgery. It responds to the acidic tumor environment within minutes, letting the surgeon see more cancerous tissue, as small as 1 mm in diameter without the need for washing, making cancer debulking more precise, safer, improving outcomes and reducing recurrence.

Reflecting on the 20,000 cases of epithelial ovarian cancer diagnosed in the US annually, Dr. Chris Pak, President & CEO of MTTI indicated, This groundbreaking surgical spray builds on MTTIs innovative legacy in targeted therapeutics and diagnostics. Were pursuing its use in ovarian, oral, skin, esophageal and brain cancers, hopefully improving surgical outcomes, adding value to patients, surgeons and stakeholders.

Molecular Targeting Technologies, Inc. is a privately held, well financed, clinical stage biotech, developing targeted radiotherapeutics for rare cancers. MTTI has received an exclusive worldwide license from the National Institutes of Health to commercialize selected targeted radiopharmaceuticals covered by their Evans blue (EB) platform technology patents. MTTI is committed to building value by acquiring and translating innovative imaging, radiopharmaceutical and theranostic assets to improve human health, reduce healthcare costs and reward stakeholders. More information: http://www.mtarget.com

*https://www.acs.org/content/acs/en/pressroom/presspacs/2021/acs-presspac-october-13-2021/fluorescent-spray-lights-up-tumors-for-easy-detection-during-surgery.html

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Molecular Targeting Technologies, Inc. Announces Spray Technology That Lights Up Tumors - Business Wire

Imagine a scenario where retailers combine sensors, computer vision, artificial intelligence, augmented reality, and immersive and spatial computing to deliver immersive user experiences. Or imagineautomakers using sensors to capture vehicle signals, monitor the condition of each system in the car, and notify the owner to schedule repairs before a breakdown occurs.

These scenariosare already possible. Technological innovation is happening at an unprecedented pace, and there are sevencross-industry trends that,individually and in combination, will have a seismic impact across industry sectors, according to recent research from McKinsey & Co.

These trends, below,have the potential to reshape current business models, enable new applications and services, and redefine how work is done.Security leaders will need to understand their impact to ensure the proper safeguards and protections are in place while unlocking their potential applications and benefits.

1. Next-Level Process AutomationAround half of all existing work activities could be automated by 2025, McKinsey says. Next-level process automation and virtualization includes industrial IoT (IIoT), collaborative robots, and robotic process automation (RPA). Process virtualization includes advanced simulations using digital twins and 3D/4D printing to change how products are developed. More than 50 billion devices will be connected to the IIoT by 2025, and 70% of manufacturers will be regularly using digital twins by 2022, McKinsey predicts.

2. Future of ConnectivityFaster connectivity made possible by 5G networks and the booming IoT market will enable faster connectivity across longer distances. New services will include remote patient monitoring; new business models, such asnew ways of energy delivery; and next-generation customer experiences, such as virtual reality. By 2030, McKinsey predicts either high-band or low- to mid-band 5G is expected to reach up to 80% of the global population, McKinsey predicts.

Security leaders are already dealing with the challenges of protecting IoT, and the expected uptake in adoption will complicate things even further. Data protection will continue to be a significant security concern.

3. Distributed InfrastructureCloud and edge computing adoption will continue to grow. By 2022, 70% of companies will be using hybrid-cloud and multicloud platforms as part of a distributed IT infrastructure, McKinsey says. By 2025, more than 75% of enterprise-generated data will be processed by edge or cloud computing. Software sourced by companies from cloud-service platforms, open repositories, and software-as-a-service providers will rise from 23% today to nearly 50% in 2025, McKinsey predicts.

Wide availability of IT infrastructure and services through cloud computing will vaporize on-premise IT infrastructure and commoditize IT setup and maintenance, McKinsey says. Companies could reduce complexity, save costs, and strengthen their cybersecurity defenses.

4. Next-Generation ComputingNext-generation computing is perhaps the most far-reaching trend, as it includes quantum computing and neuromorphic computing, which involves the development of application-specific integrated circuits. McKinsey predicts the value of potential of quantum-computing use cases at full scale by 2035 will be greater than $1 trillion.

Keep in mind that quantum computing will likely break the majority of modern cryptographic security algorithms. This will have a significant impact on how organizations protect information. Organizations must safeguard trade secrets and other data during the shift from current to quantum cryptography, McKinsey says.

5. Applied AIAI is still in its early stages, and companies continue to look for ways to leverage it properly. While any company can get good value from AI if its applied effectively and in a repeatable way, less than one-quarter of respondents report significant bottom-line impact, McKinsey says.

As AI matures and continues to scale, it will enable new applications by processing data to uncover detailed customer insights and automate repetitive tasks, such as filing and document preparation. It is also expected to support specialized services, such as allowing engineers to perform repairs remotely. AI can play a role in security defenses by training machines to recognize patterns and then respond to the detected pattern accordingly.

6. Future of ProgrammingMcKinsey predicts Software 2.0, where neural networks and machine learning will be used to write code and create new software. There could be as much as a 30 times reduction in the time required for software development and analytics, McKinsey estimates.

Software 2.0 will help develop and apply complicated AI models, but it will also improve current software development by standardizing and automating mundane programming tasks. By providing a more iterative and intuitive way to customize existing code, it could potentially eliminate some common programming errors.

7. Trust ArchitectureThe last trend trust architecture, such as the zero-trust security model describes a set of technologies and approaches designed for a world of increasing cyberattacks, McKinsey says. The trust architecture provide structures for verifying the trustworthiness of devices as data flows across networks, APIs, and applications.

As companies use zero-trust security measures to reduce the threat of data breaches, their cyber-risk will decrease. While zero trust may lower the operating and capital expenditures associated with cybersecurity in some cases, other areas will see cybersecurity spending increase dramatically.

Impacts Will VaryThese technology trends will affect all sectors, but the amount of disruption and technological impact will vary by industry, McKinsey notes. For example, while the shift to new trust architectures will be felt across all sectors, McKinsey's analysis suggest pharmaceuticals, healthcare, information technology, and telecommunications will experience the most disruption. In comparison, changes in trust architecture will have a limited impact in automotive and chemical industry sectors. Applied AI and next-level process automation, meantime, will have the most widespread impact, impacting multiple industries.

McKinsey examined a range of factors, such as patent filings, publications, news mentions, online search trends, private-investment amount, and the number of companies making investments, to identify technology trends that matter the most to top executives and their organizations. They may not all necessarily represent the coolest or most bleeding-edge technologies, but they are still attracting significant venture capital and are expected to have the biggest impact on the organization.

Read more here.

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7 Cross-Industry Technology Trends That Will Disrupt the World - Dark Reading

SAN ANTONIO, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the appointment of Shashank Samant to its board of directors, effective as of October 18, 2021.

"Shashank has extensive global technology services industry experience and brings a passion for technology and innovation to Rackspace Technology, said Kevin Jones, Director and CEO, Rackspace Technology.We are truly fortunate to have him join the board, and I am looking forward to working with him.

Samant has over 30 years of technology, product development and services experience, and currently serves as President and Chief Executive Officer of GlobalLogic Inc., a Hitachi Group Company. Prior to joining GlobalLogic, Samant was President of Ness Technologies, an IT services company, where he founded and built their product engineering services business. Prior roles include leading professional services for Hewlett-Packards Verifone business and establishing IBMs first India-based engineering lab, globalizing the companys R&D and software engineering efforts. Samant holds a bachelors degree in Computer Science and Engineering from University of Pune, India. Samant currently serves on the Board of Directors of Office Depot, since 2020.

About Rackspace TechnologyRackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

Contact:Natalie SilvaRackspace Technology Corporate Communicationspublicrelations@rackspace.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/07cf3cc2-59da-413e-b1a6-937893db6d17

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Rackspace Technology Appoints Shashank Samant to Board of - GlobeNewswire

Assisted reproductive technology (ART) refers to fertility treatments and procedures that can help with difficulties or an inability to conceive children. ART techniques involve the manipulation of eggs, sperm, or embryos to increase the likelihood of a successful pregnancy.

Infertility is when people cannot conceive after a period of regular sexual intercourse without the use of birth control. Evidence suggests that roughly 10% of women aged 1544 in the United States have difficulty conceiving or staying pregnant. Research also indicates that worldwide, 812% of couples experience fertility problems, and 4050% of cases may stem from factors that affect males.

According to the CDC, approximately 1.9% of all U.S. infants are born using ART. While the technology can be successful, it can also be expensive. Individuals wishing to conceive a child using ART in the U.S. can check their infertility coverage by state.

In this article, we will discuss some of the different types of ART, including their success rates, benefits, risks, costs, and the ethics of the technology.

ART refers to medical procedures that aim to achieve pregnancy. These complex treatments involve influencing gametes, or eggs and sperm, to increase the chances of fertilization. ART is typically an option for people for whom other infertility treatments may not work or those who have already tried treatment but have not become pregnant.

People considering ART will often discuss options with a healthcare professional and may require a consultation from a fertility specialist.

While people primarily use ART to address infertility, others may use it for genetic purposes or avoid pregnancy complications. Some people may also refer to ART as fertility treatment or medically assisted reproduction.

It may be difficult for many people to access fertility services such as ART due to its high cost and limited coverage by private insurance and Medicaid.

There are several types of ART procedures that involve different techniques and reproductive cells. A doctor can advise which ART will be most suitable depending on the circumstances. The most common type is in vitro fertilization (IVF).

IVF involves a doctor extracting eggs and fertilizing them in a special lab. Specialists can combine this with an embryo transfer (IVF-ET) and transfer the resulting embryos into a persons uterus. The Society for Assisted Reproductive Technology states that IVF-ET accounts for 99% of ART procedures.

The Centers for Disease Control and Prevention (CDC) lists the 2018 success rates of IVF treatments for one oocyte retrieval from people using their own eggs as:

A person may also use a tool called an IVF success estimator to estimate their chance of having a baby using IVF.

It may take more than one IVF cycle to result in pregnancy, and some people may not conceive with IVF at all. The benefits of IVF are an increased chance of fertilization and pregnancy. Potential complications may include:

The National Conference of State Legislatures lists the average cost of a single IVF cycle as $12,00017,000.

Click here to learn more about IVF.

Some methods of ART are similar to IVF but use laparoscopic surgery to deliver the gametes directly into the fallopian tube. Some people may choose this method for religious reasons, or their insurance may only cover this type of ART.

Similar to other forms of ART, there is an increased chance of multiple pregnancy. Additionally, due to the laparoscopy, there is a risk of complications from the surgery, such as infection, organ puncture, or side effects from anesthesia. Intrafallopian transfers are typically more expensive than IVF.

Due to the higher costs and risks of this type of ART, specialists rarely use these procedures. As such, there is not much data available on their success rates.

Types include:

Frozen embryo transfer (FET) has become increasingly common in the U.S. It involves thawing previously IVF frozen embryos and inserting them into a persons uterus. A 2017 study found that 52% of people who had FET had ongoing pregnancies.

According to the United Kingdoms Human Fertilisation and Embryology Authority, FET is as safe as using fresh embryos in treatment. However, some evidence suggests an increased risk of preterm birth with FET. Another possible risk of FET is that not all frozen embryos survive the thawing out process.

The estimated cost of FET varies but can be up to $6,000.

Intracytoplasmic sperm injection (ICSI) is a procedure that specialists can perform alongside IVF to help fertilize an egg. An embryologist, or embryo specialist, uses a tiny needle to inject a single sperm directly into the center of an egg.

ICSI fertilizes between 5080% of eggs. The success rate of ICSI is similar to those of IVF, and it may be an effective method of ART for people with sperm-related infertility. ICSI is typically an add-on procedure to IVF, so it will be more costly than IVF alone.

Things to consider about ICSI include the following:

Third-party ART is when another individual donates eggs, sperm, or embryos to an individual or couple. It can also include surrogate and gestational carriers. These refer to when another person is either inseminated with sperm from the couple using ART or implanted with an embryo from those using ART.

Evidence suggests that 50% of transfers with donated frozen embryos result in pregnancy, and 40% result in a live birth. Other benefits of third-party ART include the following:

Depending on which type people choose, third-party ART can be very costly. Sperm donation is typically the cheapest option, costing around $1,000 per vial.

The other options can vary in cost for a single vial, and many cycles will require multiple vials. Estimated costs are:

Preparation for an ART treatment includes practicing behaviors that may help improve the chances of ART success. This can involve dietary changes, such as taking supplements that a healthcare professional recommends and reducing alcohol and caffeine intake.

It could also involve regular exercise and quitting smoking. Once ART is successful, prenatal care and tests can keep the pregnant person and baby healthy during pregnancy.

Many aspects of ART raise ethical issues, such as:

There are no simple answers on the ethical issues of ART. The American Society for Reproductive Medicine has a collection of ethics documents available here.

Persons considering ART can review their state laws or call the Office on Womens Health Helpline at 1-800-994-9662.

Many types of ART are available to treat infertility. The success rates of ART vary according to the type of ART people choose, and factors such as the individuals age and health.

A specialist will suggest ART based on an individual or couples preferences and type of infertility while also weighing the risks, benefits, and costs.

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Assisted reproductive technology: Definition, types, and ethics - Medical News Today

Dive Brief:

Frito-Lay's need to fill 5,000 positions across its U.S. manufacturing sites to meet heightened demand has underscored the importance of keeping frontline employees healthy and able to work.

Using wearables is one way to do that. Efforts to mitigate COVID-19 spread at facilities at the onset of the pandemic drove increased interest in wearable technology, like devices that notify workers when they're too close together.

The Reflex wearable device recognizes improper moving and lifting techniques and alerts the user with a vibration. Data from the devices allowed management at Frito-Lay's Kern Plant in California to determine what areas of the facility frequently featured improper movements. Bakery processing team employees were performing an average of 33 repetitive twists and bends daily, according to a Kinetic report.

"Workstation space limitations during ingredient changeovers were causing a significant increase in incorrect twists and bends," Kinetic said. "Also, when taking weight samples, operators were continuously having to overreach towards the middle of the conveyor."

The wearable device data led management to retrofit equipment and modify workspaces to reduce worker risk. They also focused their coaching for alternate lifting and turning techniques on bakery processing employees.

Employees prefer wearable devices as a coaching system rather than relying on a supervisor's direction for proper lifting technique, the Kinetic study said. This is because it empowers them to talk with management about how a facility could be improved.

"After receiving an alert, employees stop and think about whether there is something they could do differently," Gilligan said. "They then initiate conversations with us about why they have to adopt a high risk posture, and how we could redesign the workspace or the process. So you've got culture change happening at the same time as behavior change."

This story was first published in our Operations Weekly newsletter. Sign up here.

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PepsiCo to boost wearable technology use after Frito-Lay workers see injury reductions - Supply Chain Dive

When we talk about technology in the world of wine, the tendency is to focus on the latest analytical tools that grape growers and winemakers use to ensure high-quality fruit and consistent winemaking, on the newest optical sorters, or irrigation whose precision would have been unthinkable to past generations of wine professionals. Machine learning and algorithms have even found their way into the world of wine, and the impact of all of this is going to be fascinating to follow in the coming years and decades. Already, the result of these technologies has been significant and, often, delicious.

But sometimes, the technology that makes the biggest splash is of the sort that farmers would have been familiar with a thousand years ago or more. I bring this up because of how flat-out impressed I was with two wines I recently tasted from Horsepower Vineyards: The 2015 Syrah from the Tribe Vineyard and the 2015 Grenache from Sur Echalas Vineyard, both in the Walla Walla Valley of Washington. They stopped mepun intendedin my proverbial tracks with their almost preternatural ability to express the land in which their roots had been sunk. And as I did more digging, it turns out that the nameHorsepower Vineyardsisnt just a play on words, referencing the subtle power of these exquisitely detailed wines. No, its a reference to the fact that winemaker Christophe Baron, who also produces the excellent wines of Cayuse Vineyards, has relied on horses for much of his key work in the vineyardsjust as his family did beginning in 1677 when they began farming in the Marne Valley of Champagne.

Horsepower isn't just a namein this case, it's also a reference to the horses that work the ... [+] vineyards, navigating rows of vines that are far too narrow for tractors.

Baron started Horsepower in 2008, and with the help of Joel Sokoloff, the Equine and Vineyard Manager, he grows tightly spaced, densely planted vineyards that only [horses] can navigate, according to their materials. Its an ancient method of working the land, and one that affords Baron and Sokoloff the opportunity to farm their vineyards in unique, precise ways. As a result of this, Horsepower was recently awarded the Green Emblem for their focus on sustainability from Robert Parker Wine Advocate, joining a small group of 24 producers around the world and just four others in the US.

But, of course, its the wine in the glass that matters most to consumers, and after having tasted the two below, its abundantly clear that their effortsboth Baron and Sokoloff, as well as their team and, of course, the horseshave paid huge dividends. The wines are absolutely stunning. My reviews of them, plus another from Baron, the Cayuse 2016 Syrah from Cailloux Vineyard, are below. All three are fantastic.

Horsepower Grenache 2015 Sur Echalas Vineyard, Walla Walla Valley

I stuck my nose in the glass and immediately saidaudibly, and loud enough for our dog to look up in concernWhoa. This is as pure a beam of cherries and cranberries as Ive smelled in a wine in a long time, and the cracked peppercorns and garrigue hovering at the edges are just crystalline in their expressiveness. For all of that fruit on the nose, however, these aromas tee up a palate of deep and brilliant savoriness, the dried thyme and oregano spicing up cherries and their pits, pink and green peppercorns, hot licorice, scorched earth, charred beef, and a grace note of orange rind that rings through the long, deeply mineral, iron-flecked, and saline finish. This should evolve for another 15+ years easily.

Horsepower Syrah 2015 The Tribe Vineyard, Walla Walla Valley

This is so pure and powerful, with effusive aromatics of green peppercorns, cured bacon, singed and resinous rosemary, black raspberries, and smashed black cherries before a silky, propulsive palate of melted black licorice, sarsaparilla, pepper-crusted venison jerky, blackberries, and olives and, on the long, spice-flecked finish, asphalt, hot slate, dried flowers, and plum pits, as well as a hint of pencil shavings. This lingers on the tongue for a full minute-plus, and promises a decade and a half of maturing ahead.

Cayuse Syrah 2016 Cailloux Vineyard, Walla Walla Valley

Redolent of bacon, grilled game meat, white peppercorns, subtle floral notes, and plum pits, this is exceptionally savory on the nose. All of that translates to a palate rich with ripeness and tension, the interplay of hot mineral, iodine, cured olives, and mountain berries full of energy and strength. This is co-fermented with Viognier, in the Cte-Rtie style, and the similarities are remarkable: This isnt a facsimile, however; its a highly successful evocation, still tied to its remarkable place of origin in Washington with shimmering yet anchored confidence. Drink now or hold through 2036, and perhaps beyond.

The wines from Horsepower Vineyards are detailed, subtly powerful, and exceptionally complex.

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Horsepower Vineyards: Where Old Technology Is The Next Big Thing - Forbes

SAN JOSE, Calif.,Oct. 19, 2021 Quantum Corporation today announced a partnership with IBM on the next generation of LTO technology. Under the terms of the agreement, Quantum will collaborate with IBM in its development of LTO-10 tape drives and media in order to accelerate time-to-market, capacity, and performance. The specific terms of the agreement are confidential and will not be disclosed.

With the massive growth in data, as well as pervasive ransomware threats, low-cost ultra-secure LTO is more relevant than ever, saysJamie Lerner, President and CEO, Quantum. It is a strategic technology for large scale data storage, and it is imperative that LTO technology continues to evolve to meet growing marketplace needs. This partnership underscores our commitment to LTO and our desire to collaborate with IBM in their development of LTO-10.

About LTO Technology

Linear Tape Open (LTO), also known as the LTO Ultrium format, is an open tape format designed for high-capacity long term storage and is used by many of the worlds largest hyperscalers and enterprises for archiving data and protecting data against ransomware. Since the first LTO products were brought to market, over 5.6 million drives[1], 351 million cartridges and over 370 billionTerabytes of media capacity have been shipped, making LTO Ultrium the most successful tape format in history.

The latest generation of LTO, LTO-8, began shipping in 2017 with tape capacity of 12 Terabytes per drive. The upcoming LTO-9 has a targeted capacity point of 18 Terabytes per drive. Work is now beginning on LTO-10, and this agreement will focus on accelerating the development of LTO-10, as well as improving the capacity and performance of this next generation.

The Importance of LTO Tape for Cold Data Storage and Ransomware Protection

LTO tape is increasingly being used for large scale cold storage due to its low cost, extremely low power and cooling requirements, reliability for storing data for decades, and storage density. Quantum is a leader in providing tape technology to hyperscale environments.

We are excited about this partnership with IBM, saysBruno Hald, General Manager of Secondary Storage at Quantum. Customers and the tape market in general will benefit with faster time-to-market of the next LTO generation, and its anticipated improvements in LTO storage densities. We believe this news will be very well received in the market for all of those customers that rely on LTO as a key part of their storage infrastructure.

1Source: IDC Tape Worldwide Factory Out Report cited athttps://www.lto.org/what-is-lto.

About Quantum

Quantum technology, software, and services provide the solutions that todays organizations need to make video and other unstructured data smarter so their data works for them and not the other way around. With over 40 years of innovation, Quantums end-to-end platform is uniquely equipped to orchestrate, protect, and enrich data across its lifecycle, providing enhanced intelligence and actionable insights. Leading organizations in cloud services, entertainment, government, research, education, transportation, and enterprise IT trust Quantum to bring their data to life, because data makes life better, safer, and smarter. Quantum is listed on Nasdaq (QMCO) and the Russell 2000 Index. For more information visitwww.quantum.com.

Source: Quantum Corp.

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Quantum Announces Partnership with IBM for Next Generation of LTO Technology - HPCwire

Enjoy Technologies Inc., led by CEO and founder Ron Johnson launched on the Nasdaq exchange today.

Ringing the opening bell at the Nasdaq NDAQ stock exchange must have been especially sweet for Ron Johnson, CEO of Enjoy Technology, which today listed under the ticker symbol ENJY following a merger with Marquee Raine Acquisition Corp.

The combined company, now operating as Enjoy Technology, Inc. and led by founder Johnson, raised more than $250 million in growth capital over the course of the transaction to accelerate the growth and expansion plan of the techn-powered service platform that Johnson calls commerce at home.

Enjoy partners with Apple AAPL and AT&T T to make last mile deliveries in 10 to 15 minutes, and hopefully be invited into consumers homes to demonstrate, educate and facilitate the use of their new electronic devices.

Ive been working with team for seven years to build up Enjoy, Johnson told me today. To go public in seven or eight years is in the general range, if youre successful. We [now] have the capital to continue to grow. Weve got momentum, the trends keep moving in our favor. More and more people are shopping online and getting comfortable with having commerce at home.

Johnson had a short disastrous run as CEO of JC Penney JCP and in 2013 was ousted. The experience has dogged him since and hes happy to be vindicated by Enjoys success.

An Enjoy tech expert meeting with a consumer.

With commerce increasingly shifting to the home, consumers are demanding experiences, especially for premium, high-touch, tech products such as smartphones, devices, and more. Johnson said that in the age of Amazon, consumers expect speed and service, and traditional e-commerce has been struggling with last mile delivery to provide both.

The CEO said Enjoy in September quietly announced to investors that it would provide last mile delivery to consumers for its partners. To make that happen, our partners had to integrate us into their web sites, Johnson said. A lightbulb finally went on and they said, Why dont we have you be our delivery partner too. Well do the to-the-door drop off and [then go] through the door.

Johnson calls this the Smart Last Mile, and said it will substantially increase the number of customers Enjoy serves, adding, 70% of time people say, yes. The last mile delivery will launch in North America in time for holiday season.

The company receives inventory from its partners, so there will be no shortages this Christmas.

Enjoy is also branching out into a lot more locations, expanding into new markets with Apple, from four at the beginning of the year to 14, and tripling population coverage to more than 67 million consumers.

Among the markets Enjoy will add in 2022 are Fort Meyers and Naples, Florida, where Apple operates three stores there. Its not a small area, Johnson said, noting that Enjoy is in Miami and Jacksonville, Florida already. Over the summer, we tripled our coverage with Apple.

Other existing markets include the San Francisco Bay area, Dallas-Fort Worth, Atlanta, Washington, D.C., Baltimore, Chicago, Houston and all of New York other than Manhattan, but Johnson thinks that will happen soon.

How will Enjoy scale in Manhattan? Theres a Duane Reade drug store on every corner, he said. Theres enough demand to support these stores and make money.

In addition, quick grocery delivery services are taking advantage of empty storefronts in Manhattan and retailers are hiring delivery contractors who are lining up to pick, pack and deliver to consumers. Meanwhile, giants such as Walmart Inc. is offering last mile delivery services to large and small retailers.

Ron Johnson

The key to that is we have the inventory, he said. We dont have the fixed costs. Were driving around in our vehicles. We're doing it in real time our trading area is dynamic. Every time we can take that order, we can deliver it in 10 to 15 minutes.

The big news is were going to continue to execute with the partners we have, Johnson said. Were going to earn a higher share of their customer base. We already have the skills to do it, and its better in terms of profitability. Well add our next country in 2023. Long term we want to be a global operator of mobile stores.

Revenue on track for 2021 to hit $109 million, and Johnson said hes confident about achieving 2021 and 2022 forecasted revenue per visit.

Johnson has it all figured out.AT&T and Apple are big companies, Johnson said. They know consumers will upgrade with a new product every two or three years. Apple invests millions in building relationships with its consumers. It built out its Apple+[streaming service to compete with Amazon]. Every time a person upgrades, ideally theyll go to one of their stores. We can do that for them. We provide the engagement a company needs to deepen its relationships with its customers.

Johnson said he debated early on whether there really a consumer need for Enjoy. I spend time in the industry, he said. If you look far out enough, you can see whats happening: There will be fewer stores, more people starting their search for products online, and a lot of people competing for fast delivery.

Nobody has thought about bringing a store to the home. Were bringing a store to the home fast. A lot of people are getting to the door, but we can get through the door, Johnson said, noting that there will be times when consumers want to visit a store and engage with a tech specialist, and times when they dont.

According to experts, Apple has been a victim of its own success, and consumers complain that some of their stores are crowded and its difficult or intimidating to get an appointment with the tech specialists at its Genius Bars.

Johnson, who once told me hed like to pursue fashion and beauty with the same business model, said hes decided to forgo the categories for the moment.

Its a distraction, he said. We have so much growth ahead. Every bone in my body says that 10 years from now youll be able to shop at home for all the premium categories.

Women always shopped at home for Avon and Mary Kay, Johnson added. Kohls KSS pulled in Ulta. I think beauty is a great category for Enjoy or someone to do. I think fashion will happen due to the cost of returns.

We met with LVMH Met Hennessy Louis Vuitton, Johnson revealed. They're experimenting with how do they bring the store to the customer.

Excerpt from:

Enjoy Technology Launches On Nasdaq Raising More Than $250 Million To Accelerate Growth And Reinvent Retail - Forbes

CARLSBAD, Calif.--(BUSINESS WIRE)--Metawave Corporation, world leader in high-end sensing and perception for Terrestrial and Aerospace mobility, will be joining the Future Investment Initiative (FII) Institute Invest in Humanity celebration on its 5th anniversary, October 26-28, 2021, in Riyadh, Saudi Arabia. The world is witnessing the realization of futuristic technologies from flying cars to autonomous vehicles, democratizing mobility across various transportation sectors and social classes. Metawaves disruptive imaging radar technologies on the ground and in the air ensure safety on the ground and in the air, in severe weather conditions and over unpredictable terrains, including during vertical takeoff and landing.

Armed with over 250 patent filings and 25 issued patents, Metawave has successfully transitioned the electronically steerable RADAR from large, bulky and expensive sensors developed for the Defense sector into low-cost sensors for automotive and aerial applications by reducing sizes to cell phone footprints and training its brain using its patented Machine Learning Neural Network algorithms.

FII Institute is a global nonprofit foundation with an investment arm and one agenda: Impact on Humanity. Committed to Environmental, Social and Governance (ESG) principles, we foster the brightest minds and transform ideas into real-world solutions in five focus areas: AI and Robotics, Education, Healthcare and Sustainability. At its 5th Anniversary, FII is expected to see the announcement of a fresh round of agreements and investments, atop a total of US$125 billion in agreements that have been announced since the debut of FII in 2017.

Metawave is not just a young tech comment with a bright future. Its a game changer, which will reinvent the automotive and aerial ecosystem to the benefit of citizen. We are very happy at the Institute, to give more opportunities to Metawave to grow and succeed Richard Attias, Executive Chairman, Richard Attias & Associates.

Last summer, Metawave delivered the automotive industrys first 76-81 GHz beamformer chip alpha samples and evaluation boards to MIRISE Technologies, the joint venture between DENSO and Toyota Motor Corporation (TMC), which launched last year to focus on next-generation in-vehicle semiconductors. Also, in early 2021 Metawave also demonstrated its proprietary artificial intelligence (AI) AWARE platform that enables SPEKTRA radars to perform real-time object classification and labeling for more efficient and faster Advanced Driver Assistance Systems (ADAS) processing with over 94% labeling accuracy. Because of its machine-learning sensor fusion, the AWARE platform enables SPEKTRA radar to deliver accuracy in storms, darkness, and dense fog, even as vehicles travel at high speeds. SPEKTRA radars ability to detect and classify objects beyond 300 meters is due to its unique ability to focus its beams along a specific field of view (FoV) direction to reach faster frame rates when combined with virtual MIMO array techniques in the back-end. Metawaves SPEKTRA radar and AWARE platform videos can be viewed on the companys YouTube channel.

Delivering sensing and perception capabilities that surpass a humans driving ability is critical to meet safety requirements in autonomous flying and ground cars Metawave CEO and founder, Maha Achour. It is an honor and privilege to be leading a world class team to deliver the future in both mobility and 5G connectivity, and to share our success with the Future Investment Initiative audience.

About Metawave Corporation - Metawave is pioneering disruptive millimeter wave technologies that accelerate the transition to highly automated and fully autonomous ground and aerial vehicle operation meeting safety and emerging services goals. With its patented high-resolution all-weather imaging SPEKTRA radar modules, and associated software stacks, Metawave is delivering the missing sensor with unmatched long-range sensing and perception based on novel machine learning and AI to automotive, tracking, trains, aerial and drone customers. Its SPEKTRA radar is the first automotive analog beamsteering radar with resolution capable of distinguishing objects close to each other, in difficult driving scenarios and in all-weather conditions, making cars safer and smarter. Metawave TURBO active repeaters and KLONE passive reflectors enable faster, more efficient, and lower cost 5G deployments, bringing connectivity to billions of users both indoors and out. Metawave's AWAREAI object classification platform is the first demonstration of real-time radar object classification. Founded in 2017, Metawave is headquartered in Carlsbad, CA. Visit us at http://www.metawave.co, email us at info@metawave.co, and follow us on Twitter @metawavecorp, LinkedIn, and YouTube.

Metawave, the Metawave logo, and all Metawave product names are trademarks or registered trademarks of Metawave in the U.S. and other countries. The company names, product names, system names, etc. described in this article are registered trademarks and trademarks of each company and each organization.

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Metawave Joins Pioneering Technology Companies and Global Innovators at Future Investment Initiative (FII) - Business Wire

PHILADELPHIA--(BUSINESS WIRE)--Comcast today announced the launch of XClass TV, extending the reach of the companys global technology platform to smart TVs nationwide. For the first time, Comcasts award-winning entertainment and voice platform is available direct to consumers across the U.S., without an Xfinity subscription, both inside and outside of Comcasts service areas.

Comcast has partnered with Hisense to bring the first XClass TVs to market, combining Hisenses advanced television hardware with Comcasts XClass TV operating system. XClass TV will offer consumers an affordable and innovative smart TV with an integrated interface and voice remote to access their favorite live and on demand streaming content from hundreds of apps and services. The first XClass TVs from Hisense are available this week in select Walmart stores and in the coming weeks through Walmart.com.

XClass TV is built on the same global technology platform that powers the companys entertainment and connectivity products and services, including Xfinity X1, Xfinity Flex, Sky Glass and Sky Q. The platforms technology uniquely integrates streaming, on demand, broadcast, and cable options in one place under unified voice search, discovery, apps and interactive features. It offers customers intuitive navigation across thousands of apps, movies, shows and sports with a simple voice command or remote click.

The launch follows Comcasts recent introductions of Sky Glass, a new streaming TV now available in the UK, and XiOne, a new global streaming box, which are all built on Comcasts global technology platform. Comcasts platform delivers nearly five billion entertainment streams per week to customers across Comcast, Sky and its syndication partners and powers more than 75 million Comcast entertainment and connectivity devices today.

Were thrilled to bring our award-winning entertainment experience to smart TVs nationwide and for the first time offer consumers inside and outside our service areas a simple way to navigate their live and on demand content, whether streaming or cable, said Sam Schwartz, Chief Business Development Officer, Comcast. Hisense XClass TVs are the next products in a growing portfolio built on our flexible and scalable technology platform, bringing the best innovative products - whether thats a streaming box or a smart TV - to each territory and customer segment.

As a rapidly growing brand in the U.S., Hisense is committed not only to quality products but also to providing an array of options for our customers, said David Gold, President of Hisense USA. Were excited to partner with Comcast to bring the first XClass TVs to market in the U.S.

Hisense XClass TVs are available in affordably priced 43 and 50 4K Ultra HD models. The televisions include more features and value than other smart TVs in this price category, including a voice remote powered by Comcasts Emmy-award winning voice technology. Alongside the simple and intuitive user experience, Hisense XClass TVs support leading technologies including Dolby Vision HDR, which delivers a more vivid, lifelike image. Hisense XClass TVs also support HDR10 and can enable the pass-through of Dolby Atmos from compatible content sources when the TV is connected to a compatible audio device.

Key features of the XClass TV operating system include:

Simple, Fast and Smart Discovery

Universal Voice Search with Included Remote

Hundreds of Built-In Apps

For more information on the XClass TV operating system, visit http://www.xclasstv.com. More information on Comcasts global technology platform can be found on Comcasts corporate site.

About Comcast

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit http://www.comcastcorporation.com for more information.

About Hisense USA Corporation

Hisense USA Corporation offers an innovative range of technology products that disrupt the consumer electronics industry, challenge the competition, and provide significant value to consumers. In 2020, Hisense was ranked as one of the top five TV brands in North America, and the fastest growing among the top five TV brands in the U.S. by units.

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Comcast Introduces XClass TV: Extending the Company's Global Technology Platform to Smart TVs Nationwide - Business Wire