establishes

Credit: Pixabay/CC0 Public Domain Nearly 40 years ago, the esteemed accounting professor Yuji Ijiri suggested that fairness is one of the most essential concepts in accounting and asked how to ensure a fair information flow system. In a new analysis, researchers examine whether it is feasible to establish a fair accounting framework in a logically and mathematically rigorous manner and then propose a framework for doing so.…

Image: Adobe/Grandbrothers The National Institute of Standards and Technology established the AI Safety Institute on Feb. 7 to determine guidelines and standards for AI measurement and policy. U.S. AI companies and companies that do business in the U.S. will be affected by those guidelines and standards and may have the opportunity to have input about them. What is the U.S. AI Safety Institute consortium? The U.S. AI Safety Institute is a joint public and private sector research group and data-sharing space for…

Image Source : FILE Samsung Samsung, one of the leading memory chip makers has created a new research lab in the United States. The move has been taken to focus on developing the next-generation three-dimensional (3D) DRAM, industry sources. The new lab is reportedly operating under Device Solutions America (DSA) headquartered in Silicon Valley, which oversees…

In a significant development, the Chandrayaan-2 orbiter which was already fixed around the moon established a two-way connection with the lander module of Chandrayaan-3 on Monday.“‘Welcome, buddy!' Chandrayaan-2 orbiter formally welcomed Chandrayaan-3 LM (lander module). Two-way communication between the two is established. MOX (Mission Operations Complex) has now more routes to reach the LM,” ISRO posted on X, formerly Twitter.Chandrayaan-3 Mission:‘Welcome, buddy!'Ch-2 orbiter formally welcomed Ch-3 LM.Two-way…

Japanese eVTOL developer SkyDrive has announced a pre-order for up to five aircraft from South Carolina-based aerial charter service Austin Aviation. The news comes as SkyDrive looks to enter the US market, make the Palmetto State its new home, and create an entire network in advanced air mobility (AAM). SkyDrive was officially incorporated in Japan in 2018 after four years of developing and testing flying car prototypes. The company garnered some attention in the eVTOL community after it…

FinDreams, the battery unit of Chinese automotive conglomerate BYD, is establishing a joint venture with Huaihai Holding Group. Together, the two companies intend to establish themselves as the world’s largest supplier of sodium-ion batteries for small EVs. Build Your Dreams (BYD) currently holds the title of the second largest automaker in the world behind Tesla. We’ve followed the company as it continues to expand its global footprint to new markets in Europe and Asia. Unlike Tesla,…

New digs for 47 and 007 Danish developer IO Interactive has announced the establishment of a brand new studio, situated in Istanbul, Turkey. The new studio represents major growth for the Hitman developer, and is expected to play a key role in all of IO’s forthcoming releases. We are excited to announce the opening of our fourth IOI studio in Istanbul, Türkiye,” reads the official press statement. “Uniquely positioned in the pan-continental gateway to Europe and Asia, IOI Istanbul is a crucial part in the…

<!----> South Korea’s LG Electronics has established a research and development (R&D) subsidiary in Vietnam to help it respond to rapidly growing demand for electric vehicle (EV) components. LG said the operations at its existing R&D centre in Hanoi would be incorporated into…

<!----> Ford has established Latitude AI, a wholly-owned subsidiary focused on developing a hands-free, eyes-off-the-road automated driving system for millions of vehicles. With the formation of Latitude, Ford says it is adding a team of machine…

We Are The Game Creators Back in September 2022, we reported that long-time BlazBlue producer Toshimici Mori was stepping away from Arc System Works, a company that he had served for just shy of two decades — And it seems that Mori is now ready to get back into the thick of the action, with the establishment of a brand new developer, Studio Flare. Based in Gotanda, Tokyo, Studio Flare has been co-founded by Mori and the former executive vice-president of Marvelous, Toshinori Aoki, with a healthy dose of financial…