Enforcement set to begin in Broome, Oneida and Orange Counties in 2021
Verra Mobility (NASDAQ: VRRM), a global leader in smart transportation, announced that it has been awarded multi-year contracts with three New York counties to deploy CrossingGuard™, an automated stop arm photo enforcement solution that enhances safety by reducing the number of vehicles that illegally pass a school bus as children enter and exit.
The recently awarded contracts include Broome County, Oneida County, and Orange County. Combined, these counties account for a total of 44 school districts, approximately 135,500 students and thousands of school buses.
The announcement comes as Verra Mobility continues its ongoing commitment to support school safety in the state. By the end of 2020, Verra Mobility is on track to have more than 1,000 school zone speed safety cameras installed in New York City, one of the largest safety camera programs in the country.
(Reuters) – Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Saturday Singapore sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined 73.50 billion rupees (about $1 billion) in its retail unit.
Reliance, controlled by Asia’s richest man Mukesh Ambani, has secured more than $2 billion in investments from global investors, including KKR & Co, Abu Dhabi state fund Mubadala and Silver Lake Partners, in Reliance Retail Ventures Ltd over the past few months.
GIC will invest 55.12 billion rupees for a 1.22% stake, while TPG Capital Management will invest 18.38 billion rupees to own a 0.41% equity stake in the retail arm, the company said.
The investments in Reliance Retail values the company at a pre-money equity value of 4.285 trillion rupees ($58.47 billion), Reliance said.
This is TPG Capital’s second investment in Reliance. In June, the firm invested $598 million in Reliance’s digital unit
It’s been a while since Microsoft officials talked up what’s happening with Windows 10 on Arm. But on September 30, Microsoft provided a bit of an update on some of the work that’s been happening with that platform.
Microsoft confirmed in a blog post on September 30 that Windows on Arm will be able to run x64 apps with x64 emulation. Windows Insiders will get this capability in test builds in November. The blog post doesn’t mention when this capability will be generally available.
Currently, Windows on Arm natively supports Arm apps, including ARM64 versions. But so far, only 32-bit Intel (x86) apps are supported in emulation. This lack of x64 emulation has limited the number of apps that can run on Windows on Arm devices, since apps that are 64-bit only haven’t been able to run on these devices. In May, there were hints Microsoft was making
(Bloomberg) — Alibaba Group Holding Ltd. foresees its cloud services arm turning profitable for the first time this year, a milestone for the decade-old business that underscores how Asia’s largest corporation expects a return to pre-pandemic levels as China’s economy rebounds.
Alibaba’s shares rose as much as 4% in Hong Kong, their biggest intraday gain in over a month. Its internet computing business is growing roughly 60% at an annual revenue run rate of about $7 billion, Chief Financial Officer Maggie Wu told investors at an annual company conference. The unit should turn profitable in the year ending March, she said.
Cainiao, the logistics service Alibaba folded fully into its broader empire in 2017, should generate positive cash-flow on an operating basis over the same period, she added.
China’s most valuable corporation has invested billions in hosting computing for corporations over the cloud, while building a nationwide logistics
New solutions offer a step change in compute for autonomous systems in automotive and industrial automation, which Arm believes will be an $8 billion silicon opportunity in 2030
Designed with safety first: Arm Cortex-A78AE is Arm’s highest performance CPU with safety, Arm Mali-G78AE is Arm’s first safety capable GPU, and Arm Mali-C71AE enables safety for vision use cases
The new IP enables solutions for autonomous applications, supported by the Arm ecosystem, software and tools, Safety Ready technology, System IP and Physical IP
Today, Arm unveiled new computing solutions to accelerate autonomous decision-making with safety capability across automotive and industrial applications. The new suite of IP includes the Arm® Cortex®-A78AE CPU, Arm Mali™-G78AE GPU, and Arm Mali-C71AE ISP, engineered to work together in combination with supporting software, tools and system IP to enable silicon providers and OEMs to design for autonomous workloads. These products will be deployed in a
Nvidia last week announced they are buying Arm for US$40 billion — to be met through a combination of Nvidia shares and cash. This will result in some exciting changes.
It is interesting to realize that had Steve Jobs lived; it likely would have been Apple attempting to buy Arm rather than Nvidia. Steve and Tim Cook were on the same page when it comes to vertical integration, but where Tim would look at the regulatory problems and not do this deal, Jobs would have been full steam ahead and likely gotten it done.
Had Apple done this, they would have effectively locked out (over time) most of their competitors either from critical aspects of Arm, or Arm entirely. But that didn’t happen. Nvidia bought Arm, and this acquisition may put Apple at higher risk. This puts Nvidia at the heart of an industry pivot toward licensing, which will be