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Study Digital Ad Spending to Overtake TV by 2017

first_img It’s worth mentioning that the same report just two years ago projected digital’s share would expand at a slower rate and wouldn’t pass TV until 2018. It also estimated mobile ad spend would total $26.59 billion in 2015, which is $5 billion less than the $31.59 billion actually spent last year. So it’s not unreasonable to wonder how these figures will change as mobile media continues to proliferate and attract advertiser interest over the next four years. Mobile ad spending in the U.S. is projected to reach $43.6 billion this year, which is a 38 percent increase over last year. This, according to a recent eMarketer report that also suggests digital ad spend will overtake TV’s majority share in 2017.  The message: Mobile-first isn’t just industry jargon anymore. Mobile now accounts for more than half of the total digital ad spend—nearly two-thirds, in fact (63.4 percent). What’s more, it will continue to be a growth catalyst, and by 2020 will account for about 70 percent of the total spend within digital, and 32.9 percent of the overall share—the same as TV. The report has less than favorable findings for print magazines. According to projections, magazines will account for 6.8 percent of the total share this year, and only 5.6 percent by 2020. Of course, digital will help offset some of this, but the players who will benefit most are few. Ad networks like Facebook, Google, Adblade and about a dozen others are certain to generate the most digital revenue, but there is presumably still meat on the bone for publishers with scale. Likewise, publishers who max out on every platform—print, digital (including mobile and video), social and events—and have brand collateral to leverage licensing opportunities, will presumably thrive.last_img read more

Shareholder efforts to curb Amazon facial recognition tech fall short

first_img Amazon Privacy Share your voice Tags 1:11 Privacy advocates have issues with Amazon’s facial recognition… Comments Security Internet Now playing: Watch this: Amazon, meanwhile, sells Rekognition to policing agencies, with one sheriff’s office in Oregon already using the software to investigate crimes and make arrests.The company has also joined the call for more legislation and guidelines on facial recognition tech, but made no indication it would stop selling Rekognition to policing agencies.”New technology should not be banned or condemned because of its potential misuse,” Michael Punke, Amazon Web Services’ vice president of global public policy, said in a blog post in February. “Instead, there should be open, honest and earnest dialogue among all parties involved to ensure that the technology is applied appropriately and is continuously enhanced.”That position has brought a growing wave of criticism against Amazon, with civil liberties groups, members of Congress and its own employees calling on the e-commerce and cloud-computing giant to curb its sale of Rekognition to police. Open MIC, which helped organize the vote, said in a statement that this issue would not be going away.”Amazon’s refusal to acknowledge and confront the potential harms of Rekognition is ongoing evidence of corporate arrogance,” Michael Connor, Open MIC’s executive director, said in an email. “Investors have a right to know how Amazon intends to address these material risks to the company and its reputation. As one of the leading technology companies in the world, Amazon can and must do better.” Concerns about Rekognition also came up during public hearings before the New York City Council on Amazon’s failed proposal to build a new campus in the city, with council members repeatedly chastising the company for marketing Rekognition to US Immigration and Customs Enforcement.Amazon on Wednesday said all other shareholder proposals also didn’t pass. Those included a call to study Amazon’s impact on climate change, a request for a report on how Amazon addresses hate speech and offensive products on its platform, and a proposal to elect an independent chairman so Bezos wasn’t both CEO and the head of the board. Originally published at 9:52 a.m. PT.Updated at 9:57 a.m. PT: Adds remarks from the ACLU. At 10:33 a.m. PT: To add responses from Open MIC. Amazon CEO Jeff Bezos Jim Watson/AFP/Getty Images Two Amazon shareholder proposals about the company’s controversial facial recognition technology failed to pass Wednesday, following a concerted push by civil rights groups and activist investors.One proposal would have banned Amazon from selling its Rekognition technology to government agencies unless it first determines the software doesn’t infringe on civil liberties. The other proposal called for an independent study of the potential privacy and human rights violations caused by Rekognition.Both proposals were presented at Amazon’s annual shareholder meeting in Seattle on Wednesday. The company said it isn’t disclosing the vote tallies until this Friday.”The fact that there needed to be a vote on this is an embarrassment for Amazon’s leadership team. It demonstrates shareholders do not have confidence that company executives are properly understanding or addressing the civil and human rights impacts of its role in facilitating pervasive government surveillance,” Shankar Narayan, the American Civil Liberties Union of Washington’s Technology and Liberty Project director, said in a statement. “While we have yet to see the exact breakdown of the vote, this shareholder intervention should serve as a wake-up call for the company to reckon with the real harms of face surveillance and to change course.”Both proposals, which were non-binding, were long shots to pass, since Amazon’s board said it was against the proposals. Major shareholders typically follow such positions to show support for the board. Also, CEO Jeff Bezos, Amazon’s board chairman, is the company’s biggest shareholder, controlling about 16% of its stock, and wasn’t expected to vote for either proposal.Amazon said it was against the proposals because the technology has proven its value in improving public safety, adding to its view that Rekognition provides “material benefits to both society and organizations” using the software.The decision quickly reached Capital Hill, where lawmakers were holding a hearing looking at facial recognition’s effects on civil liberties.”I just got word that the shareholders did not end up passing a ban on the sale of Rekognition,” Rep. Jimmy Gomez, a Democrat from California, said at the hearing. “That just means that it’s more important that Congress acts.”Despite the failure of the shareholder votes, the groups pushing for changes to Rekognition’s use succeeded in raising awareness about the technology and keeping pressure on Amazon. Organizations like the ACLU have spoken out against face identification’s use, saying it could quickly turn the US into a surveillance state and infringe on people’s privacy.Following the shareholder vote Wednesday, it seems likely activists will continue pushing against Rekognition’s use but find other public venues to do so.Both Google and Microsoft have publicly said they won’t sell their facial recognition tech to law enforcement, instead asking for new laws to guide their use. In less controversial settings, facial recognition tech is also used to unlock Apple iPhones using the Face ID feature and to check travelers’ identities at government kiosks at US airports.”It’s not just our test, it’s other tests that have noted similar problems with Amazon’s software and other face recognition algorithms,” the ACLU’s senior legislative counsel Neema Singh Guliani told Congress members at a hearing on Wednesday.  2 We’re at @Amazon’s shareholder meeting today urging shareholders to take action in response to the company’s failure to address the civil rights impacts of its face surveillance technology.Ironically, Amazon won’t allow cameras into the meeting, so we’ve filmed a short preview: pic.twitter.com/tNN4pkK4tG— ACLU (@ACLU) May 22, 2019last_img read more

Vespa S Launched in India Price and Features Details

first_imgPiaggio’s latest offering Vespa S has officially entered the Indian two-wheeler market on Wednesday, with a price tag of ₹74,400 (ex-showroom Pune).The scooter, which made its first appearance at the Delhi Auto Expo 2014, houses new rectangular shaped headlights and ORVMs. The scooter looks stylish in its design and comes with powder-coated three-spoke alloy wheels. However, the disc brakes and suspension remain the same as that of its previous models.Vespa S packs the same 125cc, four-stroke, three-valve single cylinder engine, which pumps in a power of 10.06PS at 7,500rpm and 10.6Nm of torque at 6,000 rpm. The engine is mated to a CVT transmission system and packs single-side hydraulic front shock absorber and rear monoshock. The company claims a fuel efficiency of over 60kmpl.”Piaggio is delighted at to present Vespa S to the dynamic youth in India. As we move closer to our two years existence in the Indian market, we are proud to launch our third Vespato to further strengthen the premium segment we have created. The Vespa S is truly a game changer. With it square design elements, it has opened up a new, non-conventional space. We understand the needs of the aspirational consumers and believe that the Vespa S will enable them to experience another notch in the Vespa lifestyle,” said Ravi Chopra, Chairman and Managing Director of Piaggio Vehicles Private Limited, according to Motoroids.The new Vespa S will be offered in India in four colours – Orange, White, Red and Matte Black. With the addition of the new model, Piaggio currently offers three models in the sub-continent market and is expected to expand its portfolio in the coming months.In Mumbai and Delhi, the new Vespa S is priced at ₹76,495 and ₹75,424 respectively (ex-showroom). The bookings for Vespa S has already been started in the country and it is believed that Piaggio is likely to start the delivery of the vehicle soon.last_img read more

The Undertaker defeats Goldberg at WWE SuperShowDown but fans term it the

first_imgUndertaker and Goldberg had a forgettable matchIf The Undertaker and Goldberg had a match 15 years ago, it would have been the most keenly anticipated contest in the wrestling world. But now, with both wrestlers on the wrong side of 50 and out of action for a long time, their first-ever contest in WWE turned out to be a fest of botches and barely-executed manoeuvres.This painful display of these two legends trying to extract the very last few drops of wrestling left in them left the fans watching around the world feel a great deal of anguish. Many vented their disappointment on social media while some outrightly ridiculed the contest.Highlights from The Undertaker vs Goldberg #WWESSD #WWE pic.twitter.com/P8rvs58IXK— Mordis Gooner ? (@maldivesgooner) June 7, 2019Twitter Twitter Twitter Twitter TwitterOne term that came to be used very commonly on Twitter was ‘worst match.’ For some, it was the worst match of the year while some thought it was the worst match the two had competed in during the course of their entire career.To be fair to the two performers, they did try their best. Goldberg, whose previous run with the company produced only very short matches, did much more in this contest and used moves other than the ‘Spear’ and ‘Jackhammer.’ Undertaker too, tried his absolute best in living up to the expectations. But the fact that they are beyond the age where they can produce great matches was clearly visible. Pulling off their signature moves seemed much too hard for them. Goldberg even came dangerously close to suffering a serious neck injury when Undertaker performed his finisher, Tombstone Piledriver. The fact that the contest ended with a chokeslam from the Deadman where he could barely raise his opponent was rather apt.Hopefully, WWE and its boss Vince McMahon would have enough respect and concern for these two legends to not put them through another such contest. If they still compete, it should be against a younger wrestler who can work a good match against these legends. But the best option would be to let these wrestlers remain in retirement and let their aura remain undiminished.last_img read more

Walmart tops Fortune Global 500 list Which are worlds 100 largest companies

first_imgFortune magazines’ annual ranking of the world’s largest companies by revenue is out. The Fortune Global 500 list is dominated by American companies, with 132 positions out of the top 500, followed by 109 Chinese and 51 Japanese companies.In 2016, the world’s top 500 companies collectively generated $27.7 trillion in revenues and $1.5 trillion in profits. When it comes to employment, this year’s Fortune Global 500 companies together employed 67 million people in 34 countries.The companies are ranked based on total revenues for their respective fiscal years, ended on or before March 31, 2017. All companies that have made it to the list are required to publish financial data and report their figures partially or entirely to a government agency. Customers shop at a Walmart store on January 17, 2017 in Skokie, Illinois. Wal-Mart Stores Inc., America’s largest employer.Scott Olson/Getty ImagesAmerican multinational retailing corporation Walmart has topped the list consecutively for the past four years. Since 1995, the retailer has claimed the top spot a total of 12 times.In terms of industries, banking was the one with the most number of companies (55) on the list, followed by automakers/parts suppliers and petroleum refiners with 34 and 28 companies, respectively.Here’re the top 100 companies by their annual revenue:1 Walmart — $485,8732 State Grid — $315,1993 Sinopec Group — $267,5184 China National Petroleum — $262,5735 Toyota Motor — $254,6946 Volkswagen — $240,2647 Royal Dutch Shell — $240,0338 Berkshire Hathaway — $223,6049 Apple — $215,63910 Exxon Mobil — $205,00411 McKesson — $198,53312 BP — $186,60613 UnitedHealth Group — $184,84014 CVS Health — $177,52615 Samsung Electronics — $173,95716 Glencore — $173,88317 Daimler — $169,48318 General Motors — $166,38019 AT&T — $163,78620 EXOR Group — $154,89421 Ford Motor — $151,80022 Industrial & Commercial Bank of China — $147,67523 AmerisourceBergen — $146,85024 China State Construction Engineering — $144,50525 AXA — $143,72226 Amazon.com — $135,98727 Hon Hai Precision Industry — $135,12928 China Construction Bank — $135,09329 Honda Motor — $129,19830 Total — $127,92531 General Electric — $126,66132 Verizon — $125,98033 Japan Post Holdings — $122,99034 Allianz — $122,19635 Cardinal Health — $121,54636 Costco — $118,71937 Walgreens Boots Alliance — $117,35138 Agricultural Bank of China — $117,27539 Ping An Insurance — $116,58140 Kroger — $115,33741 SAIC Motor — $113,86142 Bank of China — $113,70843 BNP Paribas — $109,02644 Nissan Motor — $108,16445 Chevron — $107,56746 Fannie Mae — $107,16247 China Mobile Communications — $107,11748 J.P. Morgan Chase — $105,48649 Legal & General Group — $105,23550 Nippon Telegraph & Telephone — $105,12851 China Life Insurance — $104,81852 BMW Group — $104,13053 Express Scripts Holding — $100,28854 Trafigura Group — $98,09855 China Railway Engineering — $96,97956 Prudential — $96,96557 Assicurazioni Generali — $95,21758 China Railway Construction — $94,87759 Home Depot — $94,59560 Boeing — $94,57161 Wells Fargo — $94,17662 Bank of America Corp. — $93,66263 Gazprom — $91,38264 Nestle — $90,81465 Alphabet — $90,27266 Siemens — $88,41967 Carrefour — $87,11268 Dongfeng Motor — $86,19469 Microsoft — $85,32070 Anthem — $84,86371 Hitachi — $84,55872 SoftBank Group — $82,89273 Banco Santander — $82,80174 Citigroup — $82,38675 Petrobras — $81,40576 Robert Bosch — $80,86977 Deutsche Telekom — $80,83278 Hyundai Motor — $80,70179 Comcast — $80,40380 Credit Agricole — $80,25881 IBM — $79,91982 Electricite de France — $78,74083 Huawei Investment & Holding — $78,51184 Enel — $78,06485 State Farm Insurance Cos. — $76,13286 China Resources National — $75,77687 AEON — $75,77288 HSBC Holdings — $75,32989 Pacific Construction Group — $74,62990 Aviva — $74,62891 Uniper — $74,40792 Tesco — $74,39393 Engie — $73,69294 Airbus Group — $73,62895 SK Holdings — $72,57996 Phillips 66 — $72,39697 Johnson & Johnson — $71,89098 Procter & Gamble — $71,72699 U.S. Postal Service — $71,498100 China Southern Power Grid — $71,242 Close Should UK investors copy Warren Buffetts investments?center_img IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:01/1:46Loaded: 0%0:01Progress: 0%Stream TypeLIVE-1:45?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading …last_img read more

Pratham Singh Shining young entrepreneur

first_imgPratham Singh is a 16 year old boy who lives in Delhi, currently studying in class 12th. He is a young entrepreneur and an influencer. He has worked for many reputed celebrities from Mumbai, Punjab, Delhi, Haryana etc his work includes work like handling clients social media activities, increase their reach to more fans across the Globe, online promotions, PR activity etc.He started his journey last year by launching a startup company named “famemanagers” with his mate Navjotgurudutta .Famemanagers is a media companyHe is building a good relationship with so many people. From a celebrity manager to runs a marketing business he is growing good in his niche. His is an active social media user , his handle on instagram (https://instagram.com/theprathamsingh)is having more than 14.5k followers, Man this guy is growing at rapid speed and why not when you have the talent you deserve every bit of success and fame in life.Pratham is also having his own podcast named “Pratham’s perspective”. He works in the niche of digital marketing where he is doing a phenomenal job. His hard work and hustle made him one of the influential personalities on social media. After seeing his work it sounds phenomenal that a guy who is only 16 making it happen and mandatory to mention that his work defines him best.He knows well how to enrich the individual skills and helping others to do the same. It’s not to early to say that he is not too far from success, and make it happen.IBT does not endorse any of the above content.last_img read more

Spain braces for mass protests in Catalonia crisis

first_imgProtestors gather holding Spanish flags during a demonstration against independence of Catalonia called by DENAES foundation for the Spanish Nation Defence at Colon square in Madrid on 7 October 2017.Spain braced for mass street protests Saturday as anger swelled against Catalan leaders’ vows to declare their region independent and the national government’s handling of the volatile political crisis.Tentative signs have emerged that the sides may be seeking to defuse the crisis after Madrid offered a first apology Friday to Catalans injured by police in a crackdown on their outlawed independence vote on 1 October.But uncertainty still haunted the country as Catalan leaders have not backed off from plans to make a unilateral declaration of independence within days, based on the result of the banned referendum vote.”There has to be a commitment to dialogue,” said Jordi Cuixart, president of one of the grassroots groups driving Catalonia’s separatist movement, on Catalan radio on Saturday.”We will never refuse that. But we… will continue to demand a commitment that the referendum law be fulfilled.”Spanish prime minister Mariano Rajoy has vowed to block independence as well as any referendum.And he has rejected calls for mediation in a dispute that has drawn cries of concern all over Spain, and even from Barcelona and Real Madrid footballers.- ‘Let’s talk’ -Spain’s deepest political crisis in decades has raised fears of further unrest in the northeastern region, a tourist-friendly area of 7.5 million people that accounts for a fifth of Spain’s economy.Opponents of secession called for demonstrations around Spain on Saturday and a major rally in Barcelona on Sunday.A movement called “Let’s Talk” urged citizens to gather dressed in white in front of town halls across the country, demanding dialogue to end the crisis under the slogan: “Spain is better than its leaders”.”It’s time to come together to tell them that they are incapable and irresponsible,” the group’s manifesto reads. The gatherings will start from around midday (1000 GMT).A separate “patriotic” march was called for the same time in central Madrid, organised by activists defending the unity of Spain.- Back from the brink? -Friday saw the first signs the sides may be willing to step back from the brink in a political conflict that risks destabilising Europe.After days of ill-tempered rhetoric, the central government said it regretted the injuries and suggested Catalonia should hold a regional election to settle the crisis.Catalan government minister Santi Vila, a close of ally of regional president Carles Puigdemont, meanwhile told broadcaster Rac1 that his side could consider a “ceasefire” in the dispute, to avoid a further crackdown by Madrid.Businesses and the government have kept up economic pressure on Catalonia however, with several big companies announcing moves to shift their headquarters to other parts of Spain.- ‘We deeply regret’ -Puigdemont had been due to appear at the regional parliament on Monday but postponed it by a day, a spokesman said, gaining time and easing tensions.It remains unclear what he plans to say, although some leaders are hoping he will use the opportunity to make a declaration of independence.Spain’s central government apologised on behalf of police to people hurt in Sunday’s referendum disturbances.”I can do nothing but regret it, apologise on behalf of the officers who intervened,” said the government’s representative in Catalonia, Enric Millo.Central government spokesman Ignacio Mendez de Vigo also said he “regretted” the injuries.”It would be good to start mending this fracture… through regional elections,” he told a news conference.In Madrid meanwhile, Catalonia’s police chief and two prominent separatist leaders including Cuixart avoided being remanded in custody at a court hearing Friday over sedition accusations.- Economic pressure -Spain’s Constitutional Court on Thursday ordered the suspension of a session scheduled for Monday in the Catalan parliament at which some leaders have called for an independence declaration.If Catalonia declares independence, Spain could respond by suspending the region’s existing autonomous status and imposing direct rule from Madrid.On another front, the government in Madrid pushed ahead with a measure to pressure Catalonia economically.It passed a decree to make it quicker for businesses to shift their legal domiciles away from one region to another.With its own language and cultural traditions, demands for independence in Catalonia date back centuries but have surged during recent years of economic crisis.The Catalan government on Friday published final results from the referendum indicating that 90 percent of voters backed the idea of breaking away from Spain.Turnout was 43 percent.Recent polls had indicated that Catalans are split on independence, though leaders said the violence during the referendum turned many against the state authorities.last_img read more

Flawless Damsels Shop Demonstrates Resilience Following Baltimore Uprising

first_imgWhen longtime Baltimore city native Taylor Alexander returned after graduating from Bethune Cookman University in Daytona Beach, FL. she had a plan to start her own business. After successfully starting an online business in college, selling waist trainers and dietary supplements, Alexander knew she wanted to be the CEO of her own company one day soon. Her dream was realized on September 14, 2013 when Flawless Damsels officially opened to the public. Then about a year and a half later, unfortunately in the wake of the unrest after the death of Freddie Gray the storefront was vandalized and looted. Due to excessive damage and loss the boutique would have to temporarily close.In an interview with the AFRO she said, “Baltimore is home and this is where I want to be. I went away to school to get the college experience, gain some independence and just to be away from home but I always wanted to come back home to live and start a business.” She eventually opened her store at 2414 East Monument Street, an area she said she was not familiar with, because she saw a vibrant and engaged community and a bustling thoroughfare when a realtor showed her the property.She wasn’t present on the night of the riots but she did receive calls from family, friends and neighbors letting her know updates on the movements of the riots and when they had actually reached her store’s area. She did not go down to try to protect the store under advisement of her boyfriend who was worried about her safety.Alexander actually said the first time she saw her store after the unrest was on television watching news broadcast’s coverage of the destruction the next day. “They were panning up and down Monument and when I saw my store I just paused it and looked.” She said she needed to gather herself and mentally prepare for what she would see when she arrived.The damage was extensive. Thieves removed all of her inventory, broke windows and doors, removed the register, destroyed financial documents and even removed the wall and lighting fixtures. Alexander said “It was like walking in the store when I first rented it, it was nothing but an empty space from the fixtures to the inventory, just everything gone.” The total damage was in excess of $100,000. Alexander praised the community for coming together after the riots and said a lot of the cleanup of debris and glass had already been taken care of by the time she arrived at the store.Leaving the area was never an option for Alexander though. “I never considered relocating. My plan was always to reopen but I was very much unsure if I would be able to get the funds to do so.” Those funds would come from the Baltimore Development Corporation (BDC), which assisted businesses in rebuilding after the unrest. According to the Baltimore Sun Alexander’s recovery loan was one of 15 the BDC has made so far totaling more than $324,000. The economic development agency has also issued 47 storefront grants totaling more than $127,000, the BDC said on Aug. 25.Alexander said there was no question she would rebuild after the riots. “I feel it is my duty to stay and hopefully be an inspiration to someone else that will see that I didn’t just give up and pack up and show them that there is a light at the end of the tunnel and there is a silver lining if you stay positive and keep hope.”Flawless Damsels is hosting a grand re-opening on Aug. 29 from 11:00a.m – 7:00 p.m. There will be a DJ, makeup artists, catwalk fashion show and designers on hand.last_img read more

Fuelinjection System That Delivers 64 Miles Per Gallon

first_img Pint-sized car engine promises high efficiency (PhysOrg.com) — The best hybrid cars of today can only deliver about 48 miles per gallon. By using this newly developed fuel injection system a test vehicle was measured at achieving 64 miles per gallon in highway driving. This is approximately a 50% increase in fuel efficiency in a gasoline engine. More information: Transonic Combustion: www.tscombustion.com/ Explore further The fuel injection system was developed by a startup company Transonic Combustion and their goal is to increase fuel efficiency of existing gasoline engines. The cost for this ultra-efficient system would be as much as high-end fuel injection systems currently on the market today.By heating and pressurizing gasoline before injecting it into the combustion chamber places it into a supercritical state that allows for very fast and clean combustion. This in turn decreases the amount of fuel needed to run the vehicle. The gasoline is also treated with a catalyst to further enhance combustion.What makes Transonic’s fuel injection system different from a direct injection is that it uses supercritical fluids and requires no spark to ignite the fuel. The supercritical fluid mixes quickly with air when it’s injected into the cylinder. The heat and pressure, in the cylinder, alone is enough to cause the fuel to combust without a spark.Ignition timing happens just when the piston reaches the optimal point, so that the maximum amount of energy is converted into mechanical movement of the engine.Proprietary software has also been developed by Transonic Combustion that allows the system to adjust the fuel injection precisely depending on engine load. Transonic Combustion is currently testing their new fuel injection system with three automakers. One key concern is the life of the engine when it’s subject to high pressures and temperatures. The company plans to manufacture the system themselves and not license the technology. Transonic Combustion plans to build its first factory in 2013, and place the technology into production cars by 2014. © 2010 PhysOrg.com Citation: Fuel-injection System That Delivers 64 Miles Per Gallon (2010, March 10) retrieved 18 August 2019 from https://phys.org/news/2010-03-fuel-injection-miles-gallon.html The new fuel-injection system is placed into this sports car which weighs approximately the same as the Toyota Prius hybrid and has similar aerodynamics. The new fuel injection system gets better gas mileage than the Prius hybrid. Credit: Transonic Combustion This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more

Primarc denies wrongdoing

first_imgKolkata: The Primarc Group has claimed in a written statement that they are not part of any wrongdoing in their business, in response to the story published in Millennium Post on July 4. Siddharth Pansari, director, Primarc Group, claimed that they have been operating their bookstore business in their Elgin Road property for the last 15 years and they own no residential flat in the building.”So, the question of leasing and renting it to politicians does not arrive,” stated Pansari. Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killedHe also claimed that like any other corporate group including the Birlas and Tatas, they have multiple companies running different business operations through different SPVs. All the shares of the same are held by bonafide shareholders and these companies have followed all statutory norms. Hence, there is no scope of the companies being Shell/benami as published. Regarding their real estate business, Pansari claimed that they have multiple companies holding and developing lands, only after obtaining all clearances and sanctions by statutory authorities.last_img read more