Samsung Electronics expects 6G communication to be commercialised as early as 2028 and go mainstream by 2030, it said in a white paper published on Tuesday. ITU-R, a sector of the International Telecommunication Union (ITU) responsible for radio communication, is expected to begin their work to define a 6G vision next year, Samsung said. The time spent on defining and developing technical standards for each successive generation, from 2G to 5G, has shortened, the company said. It took 15 years for 3G to be defined and eight years for 5G, and this trend of acceleration will continue to 6G, it added. The South Korean tech giant also said its vision for 6G is to bring the next hyper-connected experience to every corner of life.
The banks hopes to streamline processes and protect clients from fraud. Indonesia's Bank Central Asia (BCA) will utilise data cloud firm Cloudera to boost operational efficiency and customer engagement, according to an announcement. The bank hopes that Cloudera will help them aggregate structured and unstructured data from emails, social media and call centres, as well as shorten the time taken for queries. Cloudera's data platform has also enabled BCA to implement machine learning processes for automation. As a result, the bank's business units have gained a holistic view of their customers and are using near real-time insights to provide personalised offerings based on customer profiles.
Google and Alphabet CEO Sundar Pichai has announced a Google for India Digitisation Fund through which the company will invest Rs 75,000 crore, or approximately $10 billion, over the next five to seven years to drive digital transformation in the country. "We'll do this through a mix of equity investments, partnership investments, and operational, infrastructure and ecosystem investments. This is a reflection of our confidence in the future of India and its digital economy," Pichai said during the Google for India virtual conference. The fund will focus on four areas that are important to India's digitisation. These include enabling affordable access to the internet and to information for every Indian in their own language and building new products and services that are deeply relevant to India's unique needs including consumer tech, education, health and agriculture.
Google will invest $10 billion in India over the next five to seven ...years. Google will use this investment to buy stakes in large Indian companies as well as niche digital service providers. . . Robotic Process Automation (RPA) company, UiPath, announced the closure of its Series E investment round, raising $225 million at a post-money valuation of $10.2 billion led by Alkeon Capital Management. . . ITC Hotels has partnered with online food delivery platform Zomato to offer contactless deliveries on all pre-paid orders from the hotel chain's takeaway menu which will be available on the food delivery platform. . . The recently launched butterscotch flavoured Haldi Milk by Mother Dairy has already received huge positive response.
Based in Hangzhou, outside Shanghai, Unitree Robotics was founded in 2017 by Xing Wang with the mission of making legged robots as popular and affordable as smartphones and drones are today. In a showcase of the heavily Boston Dynamics-inspired company's recent progress, it has released a video showing its four-legged robot A1 balancing in a yoga-like pose. "Marc Raibert … is my idol," Wang once told IEEE Spectrum about the president and founder of Boston Dynamics. While the famous robotics company serves as inspiration for Unitree Robotics, the Chinese company wants to make "make quadruped robots simpler and smaller, so that they can help ordinary people with things like carrying objects or as companions," Wang told IEE Spectrum. In order to instill this accessibility into their A1 robot, Unitree Robotics, made it weigh only 12 kg -- just under half the weight of Boston Dynamics' Spot robot, which weighs 25 kg.
A math expert who studied number theory at the University of Tokyo's graduate school, he made an impression earlier in his career by heading the bank's launch of bond options trading. Digitalization is key to streamlining operations, especially in domestic retail banking, he said. While MUFG and others saw a surge in branch traffic despite a stay-at-home plea by the government in April, Kamezawa said the bank is now seeing a jump in the use of online banking services. His two predecessors, Kanetsugu Mike and Nobuyuki Hirano, were known for their overseas backgrounds. Under them, MUFG spent about $15 billion to acquire PT Bank Danamon Indonesia and Thailand's Bank of Ayudhya, and to obtain stakes in Vietnam's Vietinbank and Security Bank Corp. of the Philippines. Asked whether the acquisition of commercial banks in the region was over, Kamezawa said: "I think so." "We have succeeded in making up for declining domestic profit through our push overseas," he said, adding that the priority now was to control steadily rising costs. MUFG's costs as a percentage of revenue remain high, standing at 70.2 percent for the year ended March, compared with 62.8 percent for rival Sumitomo Mitsui Financial Group Inc. "We will recalibrate our global strategy, review growth areas and allocate resources accordingly," Kamezawa said. Since the early stages of the COVID-19 crisis, The Japan Times has been providing free access to crucial news on the impact of the novel coronavirus as well as practical information about how to cope with the pandemic. Please consider subscribing today so we can continue offering you up-to-date, in-depth news about Japan.
Helping people to help the environment is the core mission at Eden Reforestation Projects, a non-profit that began its work in Ethiopia in 2004, according to the organisation's director of forest monitoring and evaluation Ezra Neale. "A lot of trees are being cut down without any alternatives and local communities are turning towards the land … [and] it creates this endless poverty cycle for the environment and communities; it's all interlinked," he said. "But there's this amazing ability to transform it through planting trees by directly employing and training people to plant trees, totally transforming their lives through a steady income … reinvesting in their community." These days the Los Angeles-based organisation has expanded operations to eight different countries -- Madagascar, Mozambique, Nepal, Haiti, Indonesia, Kenya, and Central America -- and has planted more than 330 million trees. This year alone, the company aims to plant over 120 million trees.
Microsoft is shedding its empathetic chatbot Xiaoice into an independent entity, the U.S. software behemoth said (in Chinese) Monday, confirming an earlier report by the Chinese news site Chuhaipost in June. The announcement came several months after Microsoft announced late last year it would close down its voice assistant app Cortana in China among other countries. Xiaoice has over the years enlisted some of the best minds in artificial intelligence and ventured beyond China into countries like Japan and Indonesia. Microsoft said it called the shots to accelerate Xiaoice's "localized innovation" and buildout of the chatbot's "commercial ecosystem." The spin-off will see the new entity license technologies from Microsoft for subsequent research and development in Xiaoice and continue to use the Xiaoice brand (and Rinna in Japanese), while Microsoft will retain its stakes in the new company.
The first five months of 2020 sent a parade of "wicked problems" around the globe, including a plague of locusts in Asia and Africa, bushfires in Australia and, of course, the COVID-19 pandemic. Wicked problems can be defined as problems that no one knows how to solve without creating further problems. We struggle to mitigate them because they transcend borders and generations. During and after World War II, policymakers also confronted significant problems, such as how to keep the peace, encourage recovery and prevent starvation. They tackled these problems by creating collaborative institutions and rules, and by providing generous aid and technical assistance.
Over the last several months, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) has rapidly become a global pandemic, resulting in nearly 480,000 COVID-19 related deaths as of June 25, 2020 . While the disease can manifest in a variety of ways--ranging from asymptomatic conditions or flu-like symptoms to acute respiratory distress syndrome--the most common presentation associated with morbidity and mortality is the presence of opacities and consolidation in a patient's lungs. Upon inhalation, the virus attacks and inhibits the lungs' alveoli, which are responsible for oxygen exchange. This opacification is visible on computed tomography (CT) scans. Due to their increased densities, these areas appear as partially opaque regions with increased attenuation, which is known as a ground-glass opacity (GGO).