autonomy

Judge Robles finds Mike Lynch innocent of HP’s fraud trial

Dr Mike Lynch Invoke Capital 4 Of 4
He had been accused of falsely inflating revenues at the UK startup ahead of its $11 billion sale to HP in 2011. This verdict closes the book on a relentless 13-year effort to pin HP’s well-documented ineptitude on Dr Lynch. Mr Lynch made £500M from the sale of Autonomy to HP. Prosecutors accused Lynch and Chamberlain of illegally inflating revenues prior to the acquisition and hiding high-margin software revenues inside unprofitable hardware sales. In the trial, Lynch successfully argued that he had not been involved in accounting and contract matters, instead focusing on technical and marketing issues.

Robotic Assistance: The Diminishment of Human Job Fulfillment

Gettyimages 1385708595
In the short term, many employers have complained of an inability to fill roles and retain workers, further accelerating robotic adoption. One aspect of the conversation that is oft neglected, however, is how human workers feel about their robotic colleagues. But could the technology also have a negative impact on worker morale? The institute reports a negative impact to worker-perceived meaningfulness and autonomy levels. As long as robots have a positive impact on a corporation’s bottom line, adoption will continue at a rapidly increasing clip.

Autonomy of Ghost, Supported by OpenAI, Ceases Operations

63601ea88ad98c2b9489d284 Ghost Autonomy 01 1
Ghost Autonomy, a startup working on autonomous driving software for automaker partners, has shut down, TechCrunch has learned. “We are proud of the substantial technical innovations and progress the Ghost team made on its mission to deliver software-defined consumer autonomy,” the note on its website reads. “The path to long-term profitability was uncertain given the current funding climate and long-term investment required for autonomy development and commercialization. We are exploring potential long-term destinations for our team’s innovations.”The shutdown comes just five months since the startup partnered with OpenAI through the OpenAI Startup Fund to gain early access to OpenAI systems and Azure resources from Microsoft. Like so many startups trying to commercialize autonomous vehicle technology, Ghost has shifted its approach over the years.

Schmidt Futures Invests $6M in Cloudline’s Quest for Sustainable Aerial Autonomy

23de48ea 3b5e 4a57 8905 D1df81856de2
South African aerospace startup Cloudline has secured $6 million in funding as it aims to lead the global frontier of carbon emissions-free autonomous flight. Schmidt Futures, the philanthropic venture founded by ex-Google CEO Eric Schmidt and Wendy Schmidt, is an investor in the seed round. Working in East Africa, notably in Kenya and Uganda, highlighted the substantial impact of infrastructure on people’s lives. The following year, Horne founded Cloudline at the intersection of technology, transportation and its implications on community outcomes. Earlier in the year, Cloudline performed proving flights for authorities in Kenya, marking it as the first airship to fly in East Africa.

Trending now

Baby wearables, texts from dogs, and E-Ink cars • TechCrunch
The Future of Babies: Wearables, Text Messages from Furry Friends, and E-Ink Automobiles
Airmyne Prototype
AirMyne Harnesses Geothermal Energy for Direct Air Carbon Capture Expansion
Atomos tows a $16M load of funding to create tugboats in space • TechCrunch
Atomos Takes Off With $16M For Tugboats in Space
Instagram now lets you bookmark posts with friends and store them in a dedicated space
Create and Explore a Saved Space with Instagrams New Bookmarking Feature