Tesla’s Chinese rival Xpeng ‘stole’ Apple’s code, says Elon Musk

Elon Musk’s Tesla has a Chinese rival that calls itself Xpeng. Xpeng, the Chinese electric car maker has recently been all over the news, as per reports …

Elon Musk’s Tesla has a Chinese rival that calls itself Xpeng. Xpeng, the Chinese electric car maker has recently been all over the news, as per reports, for equipping its cars with LiDar sensors, which the Tesla CEO thought was “expensive” and “unnecessary”.

Following this, someone on Twitter mentioned that with Xpeng using LiDar tech, they were now moving away from copying Tesla’s strategy. Musk replied to this by stating that Xpeng have an older version of Tesla’s software and do not have their NN inference computer.

Are you saying that actually have a copy of your old source?

Not cool.

— Spacetourist (@spacetouristuk) November 20, 2020

Yeah. They stole Apple’s code too.https://t.co/gy4DT7Pq9N

— Elon Musk (@elonmusk) November 20, 2020

Another Twitter user asked if the Chinese company had a copy of Tesla’s old source code, Musk said yes and added something more. Musk responded to that tweet by adding that Xpeng had stolen Apple’s code too, referring to an incident that took place in 2018.

In 2018, an ex-Apple engineer was arrested and charged with stealing proprietary information that was related to Apple’s long-rumoured self- driving car project. The engineer who was arrested had started working for Apple in 2015 and was accused of downloading certain files related to engineering schematic and technical reports. He then quit Apple and started working for XMotors, the electric car company based in China.

Speaking of LiDar sensors, if you are confused by any chance – this is the tech Apple first put on its iPad Pros and then on the new iPhone 12 Pro and the iPhone 12 Pro Max. This tech, Light Detection and Ranging, helps iPads and iPhone cameras detect objects on the screen better for better photos and better AR.

Musk has explained that it’s not like he does not like LiDar sensors, he mentioned in another tweet that LiDar sensors are used by SpaceX, but he just does not think they are useful in Tesla cars.

“Just pointless imo for self-driving. If you’re going to do active photon generation, use an occlusion penetrating wavelength, like precision radar at ~4mm,” Musk tweeted.

Smart Airport Market Research Showing Huge Demand in Future (2020-2027) by Focusing on Top …

Factors driving the smart airport market is the rapid growth in the airport … the increase in number of smartphone consumers, self-service technologies, as well … On the contrary, increase in the conceptualization of smart cities, smart …

Smart airport is a concept to bring advance solutions with a purpose to enhance the capacity and systems such as communication, security, baggage control, checking and other functions with minimal timeframe. Factors driving the smart airport market is the rapid growth in the airport industry with the increase in number of smartphone consumers, self-service technologies, as well as requirement for better real-time incident applications driven by advance IoT solutions. This has put the airport operators and management under pressure to adopt for smart airport solutions in varied applications.

Whereas, growing concern of users and public towards data security is one of factor which might affect the growth of smart airport market. On the contrary, increase in the conceptualization of smart cities, smart parking, and smart agriculture, implementation of smart airport solution is on the pace to grow due to digitization and tech-savvy young population which is forecasted to provide various growth opportunities in the future.

The Smart Airport Market research report includes Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the Smart Airport market growth.

Smart airport is a concept to bring advance solutions with a purpose to enhance the capacity and systems such as communication, security, baggage control, checking and other functions with minimal timeframe. Factors driving the smart airport market is the rapid growth in the airport industry with the increase in number of smartphone consumers, self-service technologies, as well as requirement for better real-time incident applications driven by advance IoT solutions. This has put the airport operators and management under pressure to adopt for smart airport solutions in varied applications.

Whereas, growing concern of users and public towards data security is one of factor which might affect the growth of smart airport market. On the contrary, increase in the conceptualization of smart cities, smart parking, and smart agriculture, implementation of smart airport solution is on the pace to grow due to digitization and tech-savvy young population which is forecasted to provide various growth opportunities in the future.

Get a Sample Report “Smart Airport Market” to 2027 @ https://www.theinsightpartners.com/sample/TIPAD00002061/

Top Players Analysis

  • SITA
  • Huawei Technologies Co., Ltd.
  • Amadeus IT Group SA
  • Thales Group
  • Sabre Corporation
  • T-Systems
  • Indra Sistemas S.A.
  • Rockwell Collins, Inc.
  • Honeywell International Inc.
  • Raytheon Company

Global Smart Airport Market: Regional Analysis

The report offers in-depth assessment of the growth and other aspects of the Smart Airport market in important regions. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.

The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2027. These analyses will help the reader to understand the potential worth of investment in a particular region.

Global Smart Airport Market: Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2019 to 2027.

Major Key Points of Smart Airport Market

  • Smart Airport Market Overview
  • Smart Airport Market Competition
  • Smart Airport Market, Revenue and Price Trend
  • Smart Airport Market Analysis by Application
  • Company Profiles and Key Figures in Smart Airport Market
  • Market Dynamics
  • Methodology and Data Source

Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape of Brown Sugar market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.

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APIs Are The Secret Sauce Of Fintech

And though U.S. regulators have not mandated open banking in any way, most financial institutions have jumped at the opportunity to become more of …

If revenue from fintech companies really is going to more than triple in the next decade, as some have predicted, it’s not going to happen without APIs.

In the last decade, APIs have gone from one tool at a company’s disposal to arguably the tool that allows companies to achieve scale in a cost-effective way— particularly within fintech.

If fintech is akin to a shiny new house on the block, then APIs might just be the pipes and wires that make the house livable.

What Are APIs?

APIs, which stands for Application Programming Interface, are essentially the pipes that connect servers, applications, and databases from different companies and allow them to talk to each other.

Developers can use APIs to read in data into and out of their own platform, expand functionality without having to manually build every single feature, create software libraries for future use, and remotely control different protocols and technologies.

Why Fintech Is So Reliant On APIs

When it comes to fintech specifically, the prevalence of APIs can be traced back to the concept of open banking, in which financial institutions share data with third parties who can then integrate and build off those services.

Open banking was first introduced by the European Commission in 2015 via the Revised Payment Services Directive, which was meant to encourage partnerships and level the playing field in the banking industry between established banks and startups. That legislation was followed by several other mandates, such as the United Kingdom Competition and Markets Authority, which in 2016 required the UK’s nine largest banks to let licensed third parties have direct access to their data.

And though U.S. regulators have not mandated open banking in any way, most financial institutions have jumped at the opportunity to become more of a one-stop-shop to customers by integrating themselves with trusted third parties.

As Hans Tesselaar, executive director of the Banking Industry Architecture Network, wrote in 2015, “Banks can incorporate the technology from FinTech firms and vendors into the key areas…simplifying the process of adding innovative technology services by piecing together building blocks of flexible services.”

APIs are what enable this integration.

How APIs Are Being Used In Fintech

Some financial firms have prioritized the use of open APIs, feeds that are publicly available to any firm that wants to access or improve them. Others only make their APIs available to certain partners or clients. Regardless, the use cases for APIs in financial services are limitless.

APIs are the backbone of payments and e-commerce platforms, allowing users to send money online via services like Square Inc (NYSE: SQ) and PayPal Holdings Inc (NASDAQ: PYPL) by connecting all manner of websites with credit and debit card providers like Visa Inc (NYSE: V), Mastercard (NYSE: MA) and American Express Company (NYSE: AXP).

Incumbent banks have also embraced this technology. JP Morgan Chase & Co (NYSE: JPM) Head of Open Banking, Treasury Services Sairam Rangachari has said “APIs are going to create a faster, more efficient way” of introducing new products to customers, even if those customers aren’t on JP Morgan’s own app or website.

APIs are also at least partially responsible for the boom in personal finance apps. Companies like MoneyLion, ClarityMoney, and Acorns all rely on APIs from third-party providers for everything from bank account information to performance data. APIs also enable peer-to-peer (P2P) lending platforms like Prosper and LendingClub (NYSE: LC), as well as companies that rely on real-time financial market data. Benzinga, for example, offers market news and data APIs to financial firms across the capital markets ecosystem.

The explosion of APIs has had a two-pronged effect: financial services companies are able to offer more kinds of services than they ever could, and it’s easier for consumers to find the services they need.

“Prior to the widespread adoption for APIs for real-time data exchange, financial service partnerships were really just brand marketing,” said Phillip Rosen, founder and CEO of Even Financial, an API marketplace. “Implementing partnerships via APIs can transform an advertisement into a tool that solves a consumer’s most pressing problems.”

Rosen noted that Even’s marketplace, which connects financial institutions and allows firms to offer personalized financial services, wouldn’t even be possible without the API technology.

“Traditional marketing partnerships work well for products where there is no barrier like credit qualification to purchase, but matching a financial service product needs a greater degree of personalization,” said Rosen. “Real-time APIs are necessary to deliver that personalization in a market where many products are, if not niche, limited to a specific segment of consumers.”

The Challenges Of APIs

Of course, APIs do present some challenges. Some banks have legacy technology systems that may not necessarily integrate well with certain APIs. Having a technology stack that can smoothly integrate APIs will also prevent the over-complexity that can come with mass API integration.

And then there are the security concerns. Bankers and regulators have rightfully made cybersecurity a top priority, but the use of APIs does increase the potential for data breaches. This is why it’s important for API vendors and the firms that use them to make sure connections are vetted and secure.

The Bottom Line On APIs

Despite those risks, APIs have acted as the energy that has fueled the growth of fintech and financial services for the better part of the last decade. Like other core technologies that came before it, the use of APIs appears to only be limited by what we can imagine.

AIRP Exchange Series 4: Vulcan AI seeks foreign partners in the machine vision technology industry

The fourth installment of AIRP (Asia’s Innovation Resource Platform) … of strategic partnerships between Singaporean and Chinese companies.

Under the auspices of its Asia’s Innovation Resource Platform (AIRP), 36Kr Global aims to accelerate the development of cross-border economic flows and help industry stakeholders explore business opportunities with each other.

To this end, AIRP, together with Singapore’s Economic Development Board (EDB) and Vulcan AI, and artificial intelligence (AI) company which is a subsidiary of Indonesia’s Sinar Mas Group, jointly an online sharing session to exchange ideas on industrial visualization hardware and AI machine vision development. Two other industry experts, BroadVision and Uni-Ubi, to offer insight on industrial machine vision and AI security solutions.

Ethan Lim, from the International Innovation Alliance Office of the Singapore Economic Development Board, emphasized that the EDB aimed to assist the establishment of strategic partnerships between Singaporean and Chinese companies. In a similar vein, Vulcan AI’s CEO, Manik Bhandari, also expressed his gratitude to participating companies and expressed a desire to identify future project partners in hardware manufacturing and machine vision solutions.

A short summary of the insights shared during the event can be found below.

Discussions have been adapted and translated for public release.

Topic 1: Uses of machine vision in heavy equipment

BroadVision is a provider of AI vision solutions for heavy equipment. The company’s research and development (R&D) team uses special outdoor cameras for heavy equipment for front-end operations and develops AI visual algorithms for back-end development. It has made breakthroughs in the fields of human body recognition and collision avoidance, container keyhole recognition, and double-box recognition. This is important in port logistics, where working conditions are complex and blind spots need to be eliminated to improve operational safety and efficiency.

Wu Hainan, the founder of BroadVision, shared success cases and partnerships the company has entered into in the port industry, including with Singapore’s PSA, Shanghai port, ZPMC, Volvo, and Caterpillar. He emphasized that several core camera technologies in the heavy equipment field, such as compactness, anti-shaking capabilities, resistance to extreme cold and heat, and high sensitivity to light, enable the hardware to maintain efficient and safe working conditions in a variety of environments. Real-time information collected by the camera is also transmitted to background computers for big data and AI processing and analysis, which helps to ensure low latency and high recognition rates.

Wu also explained in the detail the company’s self-developed HAECO intelligent auxiliary driving system — BrADAS. Utilizing its machine vision AI system, the crane can observe its surroundings flexibly with low latency and a high degree of stability. The ability to observe the operating conditions around the crane helps the driver use the crane to accurately grasp objects. Functions such as personnel proximity warnings and truck positioning can also improve the efficiency and safety of port operations.

Topic 2: Applications of IoT in the pan-security long-tail market

Uni-Ubi is a one-stop IoT intelligent vision solutions provider for the pan-security long-tail market, with AI, IoT, AIoT, and edge computing device development at its core. In 2015, it ranked third place for FDDB (Face Detection Data Set and Benchmark) datasets, and ranked second for LFW (Labeled Faces in the Wild) datasets. In 2020, it successfully closed its Series B1 and Series B2 rounds of financing, raising RMB 300 million in total (USD 45 million).

At the sharing session, Zhan Tianyu, vice president of business and Shanghai general manager, introduced the rich variety of scenarios that the company could offer through its WO platform and Uface series of hardware devices. Based on the business capabilities of its WO platform and flexible, customizable interface services, combined with its smart devices and AI capabilities, Uni-Ubi is confident that it can provide solutions across a wide range of scenarios. This includes solutions for smart offices, community security, smart hotels, safe campuses, smart construction sites, and supermarket and retail chains.

During the COVID-19 pandemic, Uni-Ubi capitalized on its technological advantages to quickly launch a self-developed facial recognition algorithm for masked settings. It combined its recognition products such as thermal imaging temperature measurement equipment and wrist temperature measurement to help customers resume production quickly and contribute to the alleviation of the pandemic.

Aside from this Uni-Ubi has also proposed special smart business solutions for vision-based business operation systems. For example, it can utilize smart devices in large shopping malls to obtain facial data, upload this to the cloud, to compare and analyze shopper behaviors. Customer flow statistics, traffic path trajectories, heat map analyses, member recognition, and other retail solutions can empower shopping malls to obtain real-time information to assist in decision making.

Uni-Ubi’s business strategy involves international outreach, and it has therefore established strategic bases in Europe, Asia, and Africa. It has also established distributorships in India, Russia, Indonesia, South Korea, Malaysia, South Africa, Mexico, Turkey, Spain, and Argentina, among other countries. Its strong history of cooperative partnerships and view to international markets has enabled it to be present in over 40 countries

Zhan and Bhandari had an extended discussion on details of Uni-Ubi’s potential cooperative partnerships. Zhan noted that Uni-Ubi is open to flexible and diverse forms of cooperation, and aside from supporting OEMs, it can also send SDKs to third parties and even support purchasers of their own AI technology. Uni-Ubi’s smart products are hardy even in areas of low network connectivity or power supply because its devices have both built-in data and cloud services, making its products very versatile.

36Kr Global’s cross-border innovation team, AIRP, will be organizing further sharing sessions with Singapore’s Economic Development Board (EDB) and other large Singaporean companies. Stay tuned for more updates!

About 36Kr Global AIRP

Asia has surpassed other regions to become the largest economy in the world. As mentioned, each region has its advantages and characteristics. We have observed an increasing number of big corporates deploying their innovation strategies without geographic limitation and trying to find best-fit solutions across regional markets like China, SEA, India, and Japan. However, it is challenging for corporates to reach outside of the organization to scout for technology and collaboration partners.

AIRP (Asia’s Innovation Resource Platform), a cross-border consulting team under 36Kr Global, has been committed to connecting large enterprises and start-ups in various regions, helping them realize innovation transformation and finding potential partners. Whether you are a large enterprise or a start-up, if you are interested in being part of our network or have any inquiries about AIRP, please fill in the form and we will be in touch.

Telemedicine Services: Improve your health from remote locations

Telemedicine is the method of providing health care from a remote location through video conferencing and video calls. Many of us will know about it …

Telemedicine is the method of providing health care from a remote location through video conferencing and video calls.

Many of us will know about it in these challenging times that we are currently living through. Beyond its use in a pandemic, it actually offers several great benefits.

Slows The Spread Of Infections

If you have underlying health conditions or your immune system is weaker than it should be, going to the doctor’s office can be a real risk to your health. By using telemedicine services and talking to your doctor through a video call, you avoid unnecessary exposure to flues and other diseases.

Preventative

By using telemedicine services, people have easier access to preventative care that can improve their health in the long term.

A study conducted in 2012 found that people suffering from coronary artery disease experienced improvements in their health by accessing the preventative care they needed through telemedicine.

Improved Access For Those Who Can’t Access Traditional Forms of Healthcare

People who are old, disabled individuals, and anyone who is currently serving time in prison has a much better chance of getting the healthcare they need by having access to telemedicine.

Cost-Effective

The costs involved in traditional healthcare do not directly improve one’s healthcare. If one needs to pay a lot of money or even a small amount to access healthcare, they may be less reluctant.