Intel in talks to buy Israel’s Moovit public transit app for $1 billion: Media

first_imgChipmaker Intel Corp is in advanced talks to acquire Israeli public transit app developer Moovit for US$1 billion, financial news website Calcalist reported on Sunday.Moovit has raised $133 million from investors including Intel, BMW iVentures and Sequoia Capital.Officials at Intel Israel and Moovit declined to comment on the report. Calcalist reported that people with knowledge of the talks, who spoke on condition of anonymity, said the deal is very close to being signed.Moovit’s free mobile navigation app provides transit information to more than 750 million users in 100 countries.Last month it launched an emergency mobilization service, which was created for transit agencies and enterprises during the COVID-19 pandemic. The technology transforms vehicle fleets into an on-demand service to get essential employees safely to work and has been implemented in a number of cities by large corporations.Intel has made significant investments already in Israel, having acquired autonomous vehicle technology provider Mobileye for $15.3 billion in 2017. In December it bought Israeli artificial intelligence firm Habana Labs for $2 billion.Topics :last_img read more

Top news, May 1 – 7, 2017

first_imgTidal Energy Today has compiled the top news from tidal and wave energy industry from May 1 – 7, 2017.Dutch joint venture to build tidal bridge in IndonesiaTidal Bridge BV, a joint venture of Strukton International and Dutch Expansion Capital (DEC), has been selected to construct a floating bridge equipped with tidal power plant in Indonesia. The integrated tidal power plant will have the initial installed capacity of 18MW to 23MW. The value of the project’s first phase is up to $200 million and will be rolled out in two years.Tangled lines keep Cape Sharp Tidal turbine at BayCape Sharp Tidal has identified the line entanglement around OpenHydro’s turbine system which could further delay its retrieval from the Bay of Fundy. Cape Sharp Tidal’s operations crew is currently working to determine the best approach for removing it.Bourne tidal test site ready for installationMarine Renewable Energy Collaborative (MRECo) has informed that the structure for the Bourne Tidal Test Site (BTTS) is completed and ready for deployment. The steel test structure, fabricated by MassTank, will be installed by a marine construction company AGM Marine Contractors once the final permits are in place. The final go-ahead is expected to be granted within days.Seatricity hires KML for Wave Hub decommissioning jobWave energy company Seatricity has hired Keynvor MorLift (KML) to retrieve the mooring blocks used for Oceanus 2 deployment at Wave Hub. KML will perform the lift and transfer of four 20-tonne positional mooring clumps from Wave Hub site to Hayle, Cornwall.Orkney’s supply chain gives lessons to wave developersWave Energy Scotland (WES) has released the findings from its project with the European Marine Energy Centre (EMEC) that explored the wealth of knowledge and experience amassed in the Orkney supply chain from testing wave energy devices in real sea conditions.Tidal Energy Todaylast_img read more

In my world, I would have been a recruit

first_imgIn middle school, I came home one evening in the midst of a chronic shoe phase, when, for strange, stupid reasons, most adolescent boys become enamored with $150 Nike sneakers.It was wintertime, and an EastBay catalogue had been delivered in that day’s mail, packaged between utility bills and awkward postcards from relatives whose names still escape me.I flashed the catalogue in my mom’s direction, but almost immediately, she continued with her normal routine after casting me a quick glance at me that couldn’t have amounted to more than a spare second.I never got those hightops.You see, the shoes were supposed to make me fast. They were supposed to give me the speed needed to become a coveted three-sport letterman in high school, who all college programs would subsequently drool over.It didn’t work out that way. I’m still scouring for the right pair.National Signing Day proved to be a sobering reminder as to what I missed out on.While I was dozing off in lecture, 17-and 18-year-old high school football players were faxing letters of intent to college programs nationwide; some even making highly publicized and, in some cases, televised announcements of what school they would attend.Again, if I had the shoes, I would have been one of’s prized five-star recruits. Still, everybody else seems to be getting the attention these days.Offensive tackle Cyrus Kouandijo from Hyattsville, Maryland, received hundreds of Facebook notifications from Alabama and Auburn fans attempting to sway him to sign with their schools of choice. One day, the girl from my English class posted on my wall, wishing me a happy birthday.Last week, Kouandijo also received 2,500 text message in a span of 24 hours — likely from Alabama and Auburn fans, as well. Usually, my mom sends me texts; they often read: “how r u?”Jadeveon Clowney, the No. 1 overall recruit according to Rivals, is predicted to be “all-conference multiple times.” I’m still trying to think of anyone who has ever predicted me to be “all-anything.”When once-USC-commit De’Anthony Thomas visited Oregon on a recruiting trip, he spoke with multiple University of Oregon and Nike officials. When I shop at a Foot Locker, I’m lucky if I can find a guy in a referee t-shirt.Georgia running back prospect Isaiah Crowell announced his decision to sign with Georgia live on ESPNU, while holding a bulldog puppy. Of course, I’ve always longed to commit to a college football team (say USC), with the school’s mascot (say Traveler) by my side.And remember, no matter what school any of these players commits to, he’ll be greeted by hundreds of fans and passersby, who say either “Roll Tide,” “Hook ‘em” or “Fight on.” Sometimes, I get a head nod from a freckle-faced engineering kid outside the library.But you know, maybe all the attention isn’t a good thing. Just maybe, the bright lights, constant praise and total disregard for privacy are the culmination of a process that has not only become an over the top, self-promotional celebration for high school players but also, potentially even more damaging, has become an event that brings out the worst in fans.When Thomas spurned USC for Oregon after eight months of being committed to the Trojans, he quickly became the subject of multiple message boards posts suggesting the Los Angeles native was lured north because of Nike’s sphere of influence.  In other words, fans speculated that the Ducks had bought the Crenshaw tailback, and in turn, he had turned his back upon his friends, family, and of course, USC.Thomas offered a simpler explanation at a press conference announcing his signing:“I felt comfortable in Eugene,” he said.For better or for worse, Thomas, much like Kouandijo and others, has become so highly sought-after these days that he has become a mini-celebrity, driving fans to the point of madness.For perspective, Kouandijo is a 17-year-old high school senior, and in the days centering around his decision to pick a university to attend, thousands of people living thousands of miles away sent him messages in an attempt to sway him to a certain school. He’s never met any of them.It’s only fair to wonder whether such attention is particularly healthy to begin with. A majority of the messages received weren’t exactly welcoming either.In the moments after faxing his letter of intent to Alabama on Saturday, hundreds of fans took to Kouandijo’s Facebook wall, to vent their frustration over the offensive lineman’s decision to turn down a scholarship offer from reigning BCS national champion Auburn. One post read “Boys need people to make decisions for them. Men know how to make their own decisions. You, my friend are a boy.” Another put it more plainly: “Go Die.”Maybe it was best that I never got those shoes.“The 19th Hole” runs Mondays. To comment on this article e-mail Joey at [email protected] or visit read more