Thursday 2 September 2021

 

New details regarding Apple Watch Series 7 has surfaced before its official debut

 

Some key features of the upcoming Watch Series 7 by Apple have managed to surface online before its official release. A reporter at Bloomberg, Mark Gurman, has stated that the new watch will have a flatter edge and slightly bigger display. The latest display feature is aligning with the company’s design language. The watch is also expected to come with a faster processor. Every watch model from Apple will receive a mild increase in measurements, and new leaks also indicate that watch has increased in size. Gurman, in his newsletter, had mentioned that Apple is expected to launch several new watch faces to cover the extra screenspace on the watch. This will also cover the company’s infographic modular.

 Previously when the company changed its watch face was when Series 4 was released. Since the previous design change, the company had not changed its appearance throughout the series, with just a few finished and additions added over time. The new change in design might remain the same for the next three years if Apple sticks to its three-year trend. No major changes are expected in terms of a health-focused upgrade because the company is gearing up for a new launch next year. Tipsters are certain that Apple is expected to add a body temperature sensor to its watches from next year.

 

Singapore Launches its Third Vulnerability Discovery Program

Singapore has announced that its agency GovTech has launched a Vulnerability Discovery Program to offer continuous reporting and seasonal in-depth testing capabilities that will tap the larger Singapore community.

"While members of the public can report suspected vulnerabilities on all Internet-facing systems through the VDP, the GBBP and VRP are only open to ‘white hat’ hackers – or ethical hackers – for testing due to the higher-value systems involved," said the GovTech blog post.

The new Vulnerability Discovery Program will offer rewards ranging from $250 to $5,000. The agency will also offer the special bounty of up to $150,000 that can cause "exceptional impact on selected systems and data."

This program with GovTech will first cover three systems: Singpass and Corppass (GovTech); Member e-Services (Ministry of Manpower – Central Provident Fund Board); and Workpass Integrated System 2 (Ministry of Manpower). More critical ICT systems will be progressively added to the program.

Ms Lim Bee Kwan, Assistant Chief Executive for Governance and Cybersecurity, GovTech, said, "Since the launch of our first crowdsourced vulnerability discovery programme in 2018, we have partnered with over 1,000 highly skilled white hat hackers to discover about 500 valid vulnerabilities. The new Vulnerability Rewards Programme will allow the Government to further tap the global pool of cybersecurity talents to put our critical systems to the test, keeping citizens’ data secured to build a safe and secure Smart Nation."

 

Aicadium Announces Acquisition of BasisAI

 

Temasek-founded Aicadium has announced the acquisition of BasisAI, the provider of AI software. Post the acquisition, both organizations will be known as Aicadium.

The acquisition will mean that Aicadium will have expanded operations to serve a global customer base.

"This acquisition allows us to accelerate our growth strategy, broaden our reach and expand our offering that is built on the strong foundation of a powerful AI platform and a combined team of talent. We are excited to be joining forces with Aicadium to augment our strength in building responsible AI systems," said Mr. Liu Feng-Yuan, Co-founder and Chief Executive Officer of BasisAI, who will assume an executive leadership position at Aicadium together with fellow BasisAI Co-founder Linus Lee.

Founded in 2018, BasisAI was co-founded by Liu Feng-Yuan, Linus Lee, and Silvanus Lee with the intent of deriving experience in building scalable AI from the Silicon Valley companies. The company wanted to build an AI powerhouse in the Asia-Pacific. The company raised $6 million in seed funding from Temasek.

BasisAI has deployed solution for DBS, UOB, OCBC, ComfortDelGro, the Singapore government, and Singapore Airlines. It has also partnered with Accenture, PwC, and AWS.

The acquisition by Temasek-founded Aicadium will mean that the two companies' combines efforts will deliver end-to-end AI solutions for enterprises.

Wednesday 1 September 2021

 

PropTech is helping the real estate investors find new opportunities with reduced risk during pandemic

The global commercial real estate segment has now grown into an important market for both official investors and others. Many policies and growths favoring investors have contributed heavily to the real estate segment’s growth. Even though countries were under pandemic-induced lockdown, the commercial real estate segment continued to grow, and it picked up speed in Q1 of 2021. Even though the initial phase of the pandemic had slowed down the growth of the real estate segment, it came back to form with ease as the companies embarked on growth trajectories. Various reports from the industry suggest that the real estate segment grew by more than 21 percent in the Q1 of 2021. Even though the second wave of the pandemic had halted the progress, the investors did not step back.

Fraction ownership gained immense popularity, and with PropTech platforms offering best-in-class services, a safe investment haven was created. People who invest in commercial properties enjoyed new opportunities with reduced risk and optimized returns. It is a well-known fact that the commercial real estate segment is crowded, and relators are striving to find new opportunities. PropTech helps the investors in the diversification of portfolios across locations and asset classes.


 

 

Zebra Technologies has announced that it will soon be acquring Antuit.ai

 

Zebra Technologies, a company that focuses on helping enterprises achieve a performance edge, has recently made an announcement that plans are in motion to acquire Antuit.ai. The transaction for the same is expected to be done by the end of this year, and it will be following all the customary closing conditions. The latest acquisition of Antuit.ai is expected to boost Zebra’s appeal towards consumer product companies. Furthermore, Zebra had also acquired Adaptive Vision and Fetch Robotics as a part of its strategic acquisition plan. A new machine vision and industrial scanning portfolio were also revealed by Zebra.

Zebra’s chief product & solutions officer, Bill Burns, has stated that the company’s main focus is now on productivity and visibility, which will be enhanced following the latest acquisition. He furthermore added that Zebra’s latest acquisitions would create more attractive value for its customers who are looking for solutions that have dynamic optimization of labor, inventory management, and advanced planning capabilities. Antuit.ai is well-known in the artificial intelligence SaaS segment and for merchandising and forecasting. Antuit.ai was founded in 2013, with the focus being on advanced supply chain and analytical forecasting solutions. However, Antuit.ai expanded its offerings following the acquisition of Prognos.

 

Turkish Shipyard Ares Design and Develops A Robust Anti-Submarine Drone

Turkish shipyard Ares and its defense sector have recently said that it has designed and developed a brand new unmanned anti-submarine warfare vessel. The defense sector will be planning to mass-produce the anti-submarine drones. It also stated that the most ambitious ULAQ DSH/ASW project was successfully passed laser-guided firing tests. It will be entering into the service with Turkey's military before seeking export contracts.

This new vessel will also be exported to Oman, Qatar, and African and South American countries as they are Turkey's potential customers. Ares and defense technologies company Meteksan Savunma which recently launched a surface warfare version of the ULAQ, which was Turkey's first armed unmanned surface vessel, will also be helping Turkey in making these drones.

These new anti-submarine drones systems are said to have a 400-kilometer range and can travel up to 65 kph. The companies said the surface warfare variant would also have special day and night vision capabilities. It is encrypted with communication infrastructure and can be easily operated from mobile vehicles from sea platforms such as aircraft carriers, decks, or other frigates.

 

 

Omnilytics Announces Its Intent to Acquire Supahands

Omnilytics has announced its intent to acquire data labeling platform Supahands for $20 million. Following this acquisition, Omnilytics will focus on its strategic acquisition drive that will improve its core functions and technological capabilities.

With the rapid evolution of the e-commerce landscape in the recent times, Omnilytics as a fashion analytics and insights software has grown to keep up with the shifting consumer demands. The acquisition of Supahands will enable Omnilytics to fill a critical gap in its existing tech capabilities.

Supahands was founded in 2014. It is a highly-regarded data labeling platform that develops training data to enable clients to launch and scale high-performing artificial intelligence applications for their business

"Accelerating the adoption of AI is at the heart of our business at Supahands, having witnessed firsthand the tangible benefits that artificial intelligence and machine learning can bring to our clients as they strengthen the different pillars of their business from analytics to deployment. We are proud to be joining forces with Omnilytics who share our same vision of revolutionizing the retail tech ecosystem with unparalleled service and innovation while still serving our existing and new clients in other industries," said Mark Koh, CEO and Co-Founder of Supahands.

After completion of the acquisition-related transaction, Koh will join the Omnilytics Board, and join as the company's CSO.