advanced

Advanced Auto Parts Shoplifter Sought in Greenbelt

Greenbelt, MD—The Greenbelt Police Department is asking for the public’s help in identifying a man suspected of stealing from Advanced Auto Parts on Greenbelt Rd. The incident occurred around 10:30 a.m. The police have released a photo of the individual and are urging anyone with information to contact them at 301-474-7200 or email greenbeltpd@greenbeltmd.gov.

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Advanced License Plate Reader Leads Cops to Stolen Vehicle, Wanted Criminal

EVESHAM, NJ – Evesham Police Department officers serving in the agency’s traffic unit used an advanced surveillance tool to apprehend a suspect on March 20. While patrolling the vicinity of Route 73 and Centre Boulevard, an officer employed an Axon Fleet 3 Automatic License Plate Reader (ALPR) mounted on the patrol vehicle. Evesham Police Department’s entire fleet is equipped with ALPR technology, enabling the rapid scanning of vehicle license plates against a “hot list” of vehicles associated with criminal activity. The technology flagged a vehicle reported stolen in Philadelphia, PA, leading to a traffic stop and the arrest of the

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US Looks To Japan To Backfill Supply Of Advanced Air Defense System For Ukraine

US Looks To Japan To Backfill Supply Of Advanced Air Defense System For Ukraine Micaela Burrow on December 19, 2023 The U.S. may soon be able to import missiles for the Patriot air defense system from Japan to backfill its stock of missiles sent to help Ukraine defend its skies from Russian airstrikes, The Washington Post reported Tuesday. Japan is expected to officially modify its export regulations as soon as Friday, allowing for the transfer of multiple dozen missiles to the U.S., the Post reported, citing U.S. officials speaking on condition of anonymity to discuss talks between the Washington and

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UK battery startup Nexeon to supply Panasonic with advanced material

By Paul Lienert (Reuters) – UK battery startup Nexeon will supply high-energy silicon anode material to Panasonic’s newest U.S. plant starting in 2025, the companies said on Monday. The use of silicon-rich anodes will enable Panasonic battery cells to store more energy and charge more quickly, the companies said. The greater energy density also gives Panasonic the option of making smaller, lighter packs with similar range to current battery cells. Abingdon-based Nexeon will supply the material to Panasonic Energy Co’s $4 billion De Soto, Kansas plant, which is slated to open in early 2025. Among Nexeon’s competitors in developing silicon-rich anodes are

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IMF says dollar’s rise hit emerging markets harder than advanced economies

By David Lawder WASHINGTON (Reuters) – Emerging market economies bore the brunt of the strongest U.S. dollar in two decades in 2022, a rise that battered them with capital outflows, higher import prices and tighter financial conditions, the International Monetary Fund said on Wednesday. The IMF said new research in its annual External Sector Report shows that the dollar’s surge last year had a bigger impact on emerging markets than on smaller advanced economies, partly due to the latter group’s more flexible exchange rates. For every 10% of U.S. dollar appreciation linked to global financial market forces, emerging market economies

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School District Axed Advanced Math In The Name Of ‘Equity’. Parents Say It Made Things Worse

School District Axed Advanced Math In The Name Of ‘Equity’. Parents Say It Made Things Worse Reagan Reese on July 17, 2023 Parents are saying that a Massachusetts school district’s decision to axe advanced math in the name of equity has caused more harm to students, and only benefits families with access to outside resources, according to the Boston Globe. Several years ago, Cambridge Public Schools made the decision to no longer offer advanced math classes to sixth through eighth graders because they were not enrolling enough low-income students, according to the Boston Globe. Parents and educators have pushed back

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Agents Use Advanced Technology to Foil Human Smuggling Attempt

ENCINO, Texas – On March 6, Falfurrias Border Patrol agents interdicted a human smuggling attempt near Encino, Texas, apprehending five migrants. Falfurrias agents observed a vehicle make an abrupt U-turn on U.S. Highway 281. Agents attempted to initiate a vehicle stop but the driver failed to yield and drove through a ranch fence before coming to a stop, where the occupants bailed out. With the assistance of a small unmanned aircraft system, agents arrested five migrants after they were determined to be illegally present in the United States. No injuries were reported.  “Transnational Criminal Organizations operating in south Texas continue

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Stripe in advanced talks to raise $4 billion from investors – sources

By Krystal Hu (Reuters) – Digital payments processor Stripe Inc is close to raising $4 billion in fresh capital at a valuation of about $55 billion, people familiar with the matter said. The latest capital raise from investors including Thrive Capital could be the largest private funding round in recent memory, marking a steep decline in the valuation of the fintech startup, which was valued at $95 billion in early 2021. The funding is expected to be completed by the end of March, the sources said, cautioning that the target number could still fall short. Stripe is also unlikely to

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U.S. wants at least 2 advanced computer chip centers built, Commerce chief says

By Diane Bartz WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo on Thursday said the government will encourage companies to build at least two advanced domestic computer chip factories employing thousands of union workers, as part of a $52.7 billion dollar initiative. The centers would also include a “robust supplier ecosystem,” Raimondo said in a speech in Washington. “America needs to design and produce the world’s most advanced chips right here in America,” Raimondo said, adding that the United States leads in design but not manufacturing. Congress in August approved $52.7 billion for semiconductor manufacturing and research and cleared a

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United States, South Korea to partner on advanced air mobility development

By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Aviation Administration (FAA) said on Saturday it had agreed to partner with the Korea Office of Civil Aviation (KOCA) future Advanced Air Mobility aircraft development and operations. The two nations signed a declaration to collaborate and share information on advanced air mobility projects and work together to promote the safety oversight of advanced air mobility projects, the U.S. regulator said. “Collaborating with our international partners on safely integrating these new technologies will create more efficient, sustainable and equitable transportation options,” said Acting FAA Administrator Billy Nolen. The announcement comes as companies

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Advanced Bionics LLC to Pay United States $11.36 Million to Resolve FCA Allegations Related to Cochlear Implant Processors

PHILADELPHIA – Advanced Bionics LLC, a Valencia, California, based manufacturer of cochlear implant systems, will pay $11.36 million to resolve alleged False Claims Act violations for misleading federal healthcare programs regarding the radio-frequency (RF) emissions generated by some of its cochlear implant processors. The settlement was announced today by United States Attorney Jacqueline C. Romero and the Justice Department.        The settlement resolves allegations that Advanced Bionics, in submitting pre-market approval applications to the U.S. Food and Drug Administration (FDA) for its Neptune and Naida cochlear implant processors, made false claims regarding the results of its RF emissions tests. These

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US Finalizing Plans To Send Advanced Patriot Missile Defense System To Ukraine: REPORT

US Finalizing Plans To Send Advanced Patriot Missile Defense System To Ukraine: REPORT Micaela Burrow on December 13, 2022 The Pentagon wants to send the advanced Patriot air defense system to Ukraine, and although Defense Secretary Lloyd Austin has yet to offer his signature, two US officials and a senior administration official familiar with the plans told CNN the secretary’s approval is expected. The Pentagon could send a request to President Joe Biden’s desk for final authorization and announce the transfer as soon as this week, the three officials told CNN. Ukraine has entreated the U.S. for months to supply

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TSMC planning advanced chip production in Arizona, says company’s founder

By Sarah Wu TAIPEI (Reuters) -Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the U.S. state of Arizona but the plans are not completely finalised yet, the company’s founder Morris Chang said on Monday. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), a major Apple Inc supplier and the world’s largest contract chipmaker, is constructing a $12 billion plant in Arizona. Last year, Reuters reported TSMC’s plans to build more chipmaking factories in Arizona, including discussions about whether its next plant should be more advanced which could make chips with 3-nanometer technology compared

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Gucci owner Kering in advanced talks to buy Tom Ford – WSJ

(Reuters) -French luxury group Kering is in advanced discussions to buy fashion brand Tom Ford, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The Gucci owner has been competing for the luxury brand, founded by fashion designer Tom Ford in 2005, with rivals including Estée Lauder Cos Inc, but Kering appears to be the front-runner now and a deal could be reached soon, the report added. According to the report, the people cautioned that there are no guarantees of an agreement and another party could still prevail. Kering declined to comment on the matter. Early

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TerraPower, PacifiCorp to study 5 more advanced nuclear reactors

WASHINGTON (Reuters) – TerraPower LLC, Bill Gates’ advanced nuclear reactor company, and power company PacifiCorp said on Thursday they will undertake a study to evaluate deploying up to five additional Natrium reactors in the U.S. West by 2035. TerraPower and PacifiCorp, owned by Warren Buffett’s Berkshire Hathaway Inc, already plan to launch a $4 billion demonstration Natrium reactor slated to open in 2028 in Wyoming at a former coal plant site. The Wyoming Natrium reactor, being developed by TerraPower and GE Hitachi Nuclear Energy, will get about half of its funding from the U.S. government. The joint study on the

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US Foods Launches the Most Advanced E-commerce Application in the Food Service Distribution Industry

MOXe Makes the Operator Experience Easier with An All-In-One Application That Offers Enhanced Speed, Confidence and Control Rosemont, IL  (PRESS RELEASE)  US Foods Holding Corp. (NYSE: USFD) announced the beginning of the national roll-out of MOXe (Making Operator Xperiences Easy), the food service distribution industry’s most advanced and the only all-in-one e-commerce application that can be used across desktop, tablet and mobile devices anywhere, anytime. MOXe is a personalized one-stop shop where operators can find the right products from a selection of more than 400,000 items, manage orders and track deliveries in one application. This new application builds on the

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Chipotle Pilots Advanced Technology to Enhance the Employee and Guest Experience

Operational optimization tools and advanced location-based technology tests show early efficiencies in-restaurant Newport Beach, CA  (PRESS RELEASE)  Chipotle Mexican Grill ( NYSE: CMG) is piloting advanced technologies to enhance its employee and guest experience by streamlining operations and reducing friction. The company recently began piloting two new technologies in its restaurants to deliver precise forecasting, optimal quality, and increased convenience for digital guests. Kitchen Management System In select Southern California restaurants, Chipotle is piloting a cook to needs kitchen management system that provides demand-based cooking and ingredient preparation forecasts to optimize throughput and freshness while minimizing food waste. Leveraging AI

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Opinion of China in advanced economies sours ‘precipitously’ under Xi – Pew

By James Pomfret BEIJING/HONG KONG (Reuters) – Public opinion towards China in the United States and other advanced economies has turned “precipitously more negative” under President Xi Jinping, according to a global survey by the Pew Research Center. Xi, 69, is widely expected to win a precedent-breaking third five-year term as leader at a Communist Party congress that begins in Beijing on Oct. 16, securing his status as China’s most powerful leader since Mao Zedong. While China’s economic rise and its investments were seen as a positive for some Latin American, Middle Eastern and African countries, economic competition with China

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U.S. export ban on some advanced AI chips to hit almost all China tech majors – analysts

By Josh Horwitz SHANGHAI (Reuters) – A U.S. order to ban exports of some advanced chips to China is likely to hit almost any major tech company running public clouds or advanced artificial intelligence training modules in the country, experts said. Chip designer Nvidia Corp said on Wednesday that U.S. officials told it to stop exporting two top computing chips for AI work to China. Advanced Micro Devices also said it had received new license requirements that will stop its advanced AI chip called MI250 from being exported to China. Shu Jueting, a Chinese Commerce Ministry spokesperson, said on Thursday

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SK Hynix says has developed its most advanced 238-layer storage chip

SEOUL – South Korea’s SK Hynix Inc has developed its most advanced NAND flash chip made up of 238 layers of memory cells for use in PC storage devices and later smartphones and servers, the world’s second-largest memory chip maker said on Wednesday. SK Hynix described it as the “industry’s highest” NAND flash chip and it follows U.S. rival Micron Technology Inc saying last week it had begun shipping a 232-layer NAND chip. SK Hynix said the new 238-layer chip is the smallest NAND flash chip in size, boasts a 50% improvement in data transfer speed over previous generation chips

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Daikin Applied Takes Majority Position in CM3 Building Solutions to Deliver Advanced Solutions for the Full Building Envelope

The Deal Adds Enterprise-Level Capabilities to Daikin’s Portfolio of Industry-Leading HVAC Technology, Services and Controls MINNEAPOLIS, July 8, 2022 — Daikin Applied Americas Inc. (Daikin Applied) today announced it has taken a majority interest in CM3 Building Solutions, Inc. (CM3), a Philadelphia-based service and solutions provider offering building automation and technology, energy services, security and fire protection, and HVAC support throughout Pennsylvania, Delaware and New Jersey. This new relationship expands Daikin Applied’s ability to serve customers across the entire lifecycle of their building systems and operation. Daikin Applied, a division of Daikin Industries, Ltd., the world’s number one air-conditioning company, has

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Collagen Matrix, Inc. Announces 510(k) Clearance for Fibrillar Collagen Wound Dressing, Expanding Offerings for Advanced Wound Market

OAKLAND, N.J., June 28, 2022 — Collagen Matrix, Inc., a leader in regenerative medicine, global manufacturer of collagen and other biomaterial-based medical devices, and Linden Capital Partners portfolio company (“Collagen Matrix” or “the Company”), announced today its 510(k) Clearance for a new Fibrillar Collagen Wound Dressing. Marking the 40th 510(k) in the Company’s history, this approval represents a milestone for Collagen Matrix, Inc., as it now expands its product offerings into the advanced wound care market. “This 40th 510(k) milestone is a testament to our team’s tireless commitment to developing meaningful innovation in regenerative medicine throughout our 25-year history. We’re excited

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Exclusive: China firms in advanced talks with Qatar for gas field stakes, LNG offtake – sources

By Chen Aizhu SINGAPORE – China’s national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the world’s largest liquefied natural gas (LNG) project and buy the fuel under long-term contracts, three people with knowledge of the matter said. It would be the first such partnership between the two nations, among the world’s top LNG consumers and producers, as the Middle Eastern energy exporter shifts to expand its Asian client base at. Global energy corporations used to be the main investors in Qatar’s gas industry. The Qatari supply deal will help China

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