All posts by MTechnology

US University Puts Electronic Assistants in All Student Housing

One American university is putting electronic voice-controlled assistants in every student housing room on campus.

Saint Louis University recently announced it will equip every student living space with Amazon’s Alexa system. The school in St. Louis, Missouri, will place about 2,300 Echo Dot “smart” devices in all student dorms and other university housing.

Officials said the university will be the first in the world to put the devices in every student living space. The devices and the Alexa service are being provided at no costs to students.

The Amazon Echo is a speaker with the ability to listen and “talk” to users and can perform some operations. The Alexa assistant competes with similar systems made by Google and Apple.

Devices linked to the systems have become increasingly popular in homes in recent years. They can be used for things like looking up information, playing music, ordering food or buying things on the internet. The devices can also complete actions in the home. These include turning lights on and off, and controlling systems for heating and cooling and security.

Amazon calls these different tasks Alexa can perform “skills.”

Amazon said in a website post that Saint Louis University chose the Alexa system after carrying out a test program. The program involved the Echo Dot and a device from a competing company. It said the students had a better reaction to the Alexa system.

The Echo Dots will include a special skill developed especially for Saint Louis University. It will provide information and answer questions about local school activities and campus life.

Next year, the university plans to add more personalized skills, such as providing information about classes and grades.

The university said it did not increase student tuition to pay for the project. Instead, officials said, it was financed through the school’s general fund, as well as partnerships with Amazon and n-Powered.  The company, based in Los Angeles, California, helped develop the parts of the system that are related to Saint Louis University.

David Hakanson is Saint Louis University’s vice president and chief information officer. In announcing the project, he said it will fit well with students who are “highly driven to achieve success in and out of the classroom.”

He added: “Every minute we can save our students from having to search for the information they need online is another minute that they can spend focused on what matters most: their education.”

While the devices are being placed in every university housing space, students do not have to use them. For those wishing not to take part, the school suggests students just remove the devices from their rooms and put them away in a safe place.

Other universities have also experimented with voice-controlled assistants in student living areas.

A year ago, Arizona State University announced a program that provided Echo Dot devices to a special housing area for engineering students. In the program, all engineering students moving into the special housing community were given the choice of receiving an Echo Dot if they wanted one.

As is the case at Saint Louis University, Arizona State students are able to use the system to get the latest information on university programs and events. However, the Arizona students also have the chance to sign up for classes that teach subjects related specifically to creating new uses for Alexa devices.

Octavio Heredia is a director with Arizona State’s Fulton Schools of Engineering. He said he thinks it is a good idea for students to get as much experience as possible with the voice assistants to improve their development skills and prepare for future jobs.

“Once they are familiar with the devices, they are going to want to further develop their own skills and begin integrating that technology – the hardware and the skills – into other projects,” he said.

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US University Puts Electronic Assistants in All Student Housing

One American university is putting electronic voice-controlled assistants in every student housing room on campus.

Saint Louis University recently announced it will equip every student living space with Amazon’s Alexa system. The school in St. Louis, Missouri, will place about 2,300 Echo Dot “smart” devices in all student dorms and other university housing.

Officials said the university will be the first in the world to put the devices in every student living space. The devices and the Alexa service are being provided at no costs to students.

The Amazon Echo is a speaker with the ability to listen and “talk” to users and can perform some operations. The Alexa assistant competes with similar systems made by Google and Apple.

Devices linked to the systems have become increasingly popular in homes in recent years. They can be used for things like looking up information, playing music, ordering food or buying things on the internet. The devices can also complete actions in the home. These include turning lights on and off, and controlling systems for heating and cooling and security.

Amazon calls these different tasks Alexa can perform “skills.”

Amazon said in a website post that Saint Louis University chose the Alexa system after carrying out a test program. The program involved the Echo Dot and a device from a competing company. It said the students had a better reaction to the Alexa system.

The Echo Dots will include a special skill developed especially for Saint Louis University. It will provide information and answer questions about local school activities and campus life.

Next year, the university plans to add more personalized skills, such as providing information about classes and grades.

The university said it did not increase student tuition to pay for the project. Instead, officials said, it was financed through the school’s general fund, as well as partnerships with Amazon and n-Powered.  The company, based in Los Angeles, California, helped develop the parts of the system that are related to Saint Louis University.

David Hakanson is Saint Louis University’s vice president and chief information officer. In announcing the project, he said it will fit well with students who are “highly driven to achieve success in and out of the classroom.”

He added: “Every minute we can save our students from having to search for the information they need online is another minute that they can spend focused on what matters most: their education.”

While the devices are being placed in every university housing space, students do not have to use them. For those wishing not to take part, the school suggests students just remove the devices from their rooms and put them away in a safe place.

Other universities have also experimented with voice-controlled assistants in student living areas.

A year ago, Arizona State University announced a program that provided Echo Dot devices to a special housing area for engineering students. In the program, all engineering students moving into the special housing community were given the choice of receiving an Echo Dot if they wanted one.

As is the case at Saint Louis University, Arizona State students are able to use the system to get the latest information on university programs and events. However, the Arizona students also have the chance to sign up for classes that teach subjects related specifically to creating new uses for Alexa devices.

Octavio Heredia is a director with Arizona State’s Fulton Schools of Engineering. He said he thinks it is a good idea for students to get as much experience as possible with the voice assistants to improve their development skills and prepare for future jobs.

“Once they are familiar with the devices, they are going to want to further develop their own skills and begin integrating that technology – the hardware and the skills – into other projects,” he said.

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Modi Says India will Send Manned Flight into Space By 2022

India will send a manned flight into space by 2022, Prime Minister Narendra Modi announced Wednesday as part of India’s independence day celebrations.

He said India will become the fourth country after Russia, the United States and China to achieve the feat and its astronaut could be a man or a woman. The space capsule that will transport India’s astronauts was tested a few days earlier.

Rakesh Sharma was the first Indian to travel in space, aboard a Soviet rocket in 1984. As part of its own space program, India successfully put a satellite into orbit around Mars in 2014.

India won independence from British colonialists in 1947. Modi’s 80-minute speech, broadcast live from the historic Red Fort in New Delhi, comes months before national elections. 

Modi listed his government’s achievements in the past four years in reforming the country’s economy, reducing poverty and corruption. He announced a health insurance scheme for 500 million poor people providing a cover of 500,000 rupees ($7,150) per family a year.

He said India will become a growth engine for the world economy as the “sleeping elephant” has started to run on the back of structural economic reforms.

He said its economy was seen as fragile before 2014 but was now attracting investment. India is the sixth largest economy in the world and Modi said international institutions see India as giving strength to the world economy for the next three decades.

He said the structural reforms like a national tax replacing various national and local taxes, bankruptcy and insolvency laws, and a crackdown on corruption have helped transform the economy.

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Modi Says India will Send Manned Flight into Space By 2022

India will send a manned flight into space by 2022, Prime Minister Narendra Modi announced Wednesday as part of India’s independence day celebrations.

He said India will become the fourth country after Russia, the United States and China to achieve the feat and its astronaut could be a man or a woman. The space capsule that will transport India’s astronauts was tested a few days earlier.

Rakesh Sharma was the first Indian to travel in space, aboard a Soviet rocket in 1984. As part of its own space program, India successfully put a satellite into orbit around Mars in 2014.

India won independence from British colonialists in 1947. Modi’s 80-minute speech, broadcast live from the historic Red Fort in New Delhi, comes months before national elections. 

Modi listed his government’s achievements in the past four years in reforming the country’s economy, reducing poverty and corruption. He announced a health insurance scheme for 500 million poor people providing a cover of 500,000 rupees ($7,150) per family a year.

He said India will become a growth engine for the world economy as the “sleeping elephant” has started to run on the back of structural economic reforms.

He said its economy was seen as fragile before 2014 but was now attracting investment. India is the sixth largest economy in the world and Modi said international institutions see India as giving strength to the world economy for the next three decades.

He said the structural reforms like a national tax replacing various national and local taxes, bankruptcy and insolvency laws, and a crackdown on corruption have helped transform the economy.

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Tesla Appoints Independent Directors to Weigh Any Deal

Tesla’s board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company’s chief executive, Elon Musk.

The Silicon Valley billionaire last week said on Twitter he wants to take Tesla private at $420 a share, valuing it at $72 billion, and that funding was “secured.”

That earlier tweet triggered investor lawsuits and an investigation by the U.S. Securities and Exchange Commission into the accuracy of his statement, according to multiple media reports.

Musk on Monday gave his most detailed vision of how a take-private deal could work, but shares ended flat, indicating investor skepticism.

The shares were last down 1 percent at $352.88 on Tuesday.

Musk said Monday he had held talks with a Saudi sovereign fund on a buyout that would take Tesla off the Nasdaq exchange – an extraordinary move for what is now the United States’ most valuable automaker. Tesla has a market capitalization of $60 billion, bigger than Detroit rivals General Motors Co or Ford Motor Co, who produce far more cars.

The company said in the statement the special committee has the authority to take any action on behalf of the board to evaluate and negotiate a potential transaction and alternatives to any transaction proposed by Musk.

Tuesday’s announcement means three members of Tesla’s board will now weigh whether it is advisable – or even feasible – to pursue what could be the biggest-ever go-private deal, and they are doing so before receiving a formal proposal from the CEO.

“The special committee has not yet received a formal proposal from Mr. Musk regarding any Going Private Transaction,” the company said in a public filing with U.S. securities regulators, the first it has made since Musk’s tweets last week.

Asked about the outcome of the special committee, analyst Chaim Siegel at Elazar Advisors said, “This is not easy. Anything is possible from pulling something together to nothing. I hope nothing – so the stock can trade and benefit from the earnings inflection,” he said, referring to a promise by Musk the company would turn profitable later this year.

A blogging, tweeting CEO

Musk has yet to convince Wall Street analysts and investors that he can find the billions needed to complete the deal. Tesla’s handling of Musk’s proposal and its failure to promptly file a formal disclosure, meanwhile, have raised governance concerns and sparked questions about how companies use social media.

Musk first tweeted he planned to go private and that funding was “secured” last week, sending Tesla shares soaring 11 percent, but investors have appeared skeptical about the details he has provided since.

He blogged on Monday that recent talks with a Saudi sovereign wealth fund gave him confidence funding was nailed down, but that he was still talking with the fund and other investors. He tweeted later he was working with Goldman Sachs Group Inc and Silver Lake as financial advisers, though a source said the private equity firm was working in an unpaid, informal capacity and also not discussing participating as an investor.

Goldman had not been formally tapped as a financial adviser by Musk when he revealed plans last week to take the automaker private and said he had secured the funding for the transaction, Bloomberg reported on Tuesday, citing people with knowledge of the matter.

Goldman did not respond to a request for comment from Reuters.

“Despite Elon Musk’s frustration with being a public company, I think there are more advantages to remaining public,” said CFRA analyst Efraim Levy, citing cheaper access to capital and media exposure due to interest in a public company.

Three-member panel

Tesla said the committee consists only of independent directors: Brad Buss, Robyn Denholm and Linda Johnson Rice.

But corporate governance and shareholder voting advisers Glass Lewis and Institutional Shareholder Services said they do not consider Buss an independent director, due to his connections to a solar panel business the company bought two years ago.

Buss was chief financial officer of solar panel installer SolarCity for two years before retiring when Tesla paid $2.6 billion for the sales and installation firm in 2016. It was Tesla’s last big deal and was criticized by some on Wall Street because the company, founded by two of Musk’s cousins, had seen its business shrink before the takeover.

Denholm, the first woman on Tesla’s board, is chief operations officer of telecom firm Telstra and the ex-CFO of network gear maker Juniper Networks.

Rice, the first African-American and second woman to join the board, is CEO of Johnson Publishing Company and Chairman Emeritus of EBONY Media Holdings, the parent of EBONY and Jet brands, according to Tesla’s website.

Tesla’s other board members include Musk; his brother Kimbal Musk; Twenty-First Century Fox’s CEO James Murdoch; Antonio Gracias, founder of Valor Equity Partners; and Ira Ehrenpreis, founder of venture capital firm DBL Partners.

One director, Steve Jurvetson, is currently on leave of absence following allegations of sexual harassment.

Tesla’s board said on Aug. 8 that Musk had held talks with the directors in the previous week on taking the company private.

Latham and Watkins LLP has been retained by the committee as its legal counsel. Wilson Sonsini Goodrich and Rosati will be legal counsel for Tesla itself.

 

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Tesla Appoints Independent Directors to Weigh Any Deal

Tesla’s board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company’s chief executive, Elon Musk.

The Silicon Valley billionaire last week said on Twitter he wants to take Tesla private at $420 a share, valuing it at $72 billion, and that funding was “secured.”

That earlier tweet triggered investor lawsuits and an investigation by the U.S. Securities and Exchange Commission into the accuracy of his statement, according to multiple media reports.

Musk on Monday gave his most detailed vision of how a take-private deal could work, but shares ended flat, indicating investor skepticism.

The shares were last down 1 percent at $352.88 on Tuesday.

Musk said Monday he had held talks with a Saudi sovereign fund on a buyout that would take Tesla off the Nasdaq exchange – an extraordinary move for what is now the United States’ most valuable automaker. Tesla has a market capitalization of $60 billion, bigger than Detroit rivals General Motors Co or Ford Motor Co, who produce far more cars.

The company said in the statement the special committee has the authority to take any action on behalf of the board to evaluate and negotiate a potential transaction and alternatives to any transaction proposed by Musk.

Tuesday’s announcement means three members of Tesla’s board will now weigh whether it is advisable – or even feasible – to pursue what could be the biggest-ever go-private deal, and they are doing so before receiving a formal proposal from the CEO.

“The special committee has not yet received a formal proposal from Mr. Musk regarding any Going Private Transaction,” the company said in a public filing with U.S. securities regulators, the first it has made since Musk’s tweets last week.

Asked about the outcome of the special committee, analyst Chaim Siegel at Elazar Advisors said, “This is not easy. Anything is possible from pulling something together to nothing. I hope nothing – so the stock can trade and benefit from the earnings inflection,” he said, referring to a promise by Musk the company would turn profitable later this year.

A blogging, tweeting CEO

Musk has yet to convince Wall Street analysts and investors that he can find the billions needed to complete the deal. Tesla’s handling of Musk’s proposal and its failure to promptly file a formal disclosure, meanwhile, have raised governance concerns and sparked questions about how companies use social media.

Musk first tweeted he planned to go private and that funding was “secured” last week, sending Tesla shares soaring 11 percent, but investors have appeared skeptical about the details he has provided since.

He blogged on Monday that recent talks with a Saudi sovereign wealth fund gave him confidence funding was nailed down, but that he was still talking with the fund and other investors. He tweeted later he was working with Goldman Sachs Group Inc and Silver Lake as financial advisers, though a source said the private equity firm was working in an unpaid, informal capacity and also not discussing participating as an investor.

Goldman had not been formally tapped as a financial adviser by Musk when he revealed plans last week to take the automaker private and said he had secured the funding for the transaction, Bloomberg reported on Tuesday, citing people with knowledge of the matter.

Goldman did not respond to a request for comment from Reuters.

“Despite Elon Musk’s frustration with being a public company, I think there are more advantages to remaining public,” said CFRA analyst Efraim Levy, citing cheaper access to capital and media exposure due to interest in a public company.

Three-member panel

Tesla said the committee consists only of independent directors: Brad Buss, Robyn Denholm and Linda Johnson Rice.

But corporate governance and shareholder voting advisers Glass Lewis and Institutional Shareholder Services said they do not consider Buss an independent director, due to his connections to a solar panel business the company bought two years ago.

Buss was chief financial officer of solar panel installer SolarCity for two years before retiring when Tesla paid $2.6 billion for the sales and installation firm in 2016. It was Tesla’s last big deal and was criticized by some on Wall Street because the company, founded by two of Musk’s cousins, had seen its business shrink before the takeover.

Denholm, the first woman on Tesla’s board, is chief operations officer of telecom firm Telstra and the ex-CFO of network gear maker Juniper Networks.

Rice, the first African-American and second woman to join the board, is CEO of Johnson Publishing Company and Chairman Emeritus of EBONY Media Holdings, the parent of EBONY and Jet brands, according to Tesla’s website.

Tesla’s other board members include Musk; his brother Kimbal Musk; Twenty-First Century Fox’s CEO James Murdoch; Antonio Gracias, founder of Valor Equity Partners; and Ira Ehrenpreis, founder of venture capital firm DBL Partners.

One director, Steve Jurvetson, is currently on leave of absence following allegations of sexual harassment.

Tesla’s board said on Aug. 8 that Musk had held talks with the directors in the previous week on taking the company private.

Latham and Watkins LLP has been retained by the committee as its legal counsel. Wilson Sonsini Goodrich and Rosati will be legal counsel for Tesla itself.

 

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