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Nvidia

Driving Mobility Forward, Vay Brings Advanced Automotive Solutions to Roads With NVIDIA DRIVE AGX

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  • December 11, 2024

Vay, a Berlin-based provider of automotive-grade remote driving (teledriving) technology, is offering an alternative approach to autonomous driving. Through the company’s app, a user can hail a car, and a professionally trained teledriver will remotely drive the vehicle to the customer’s location. Once the car arrives, the user manually drives it. After completing their trip,

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Nvidia

Built for the Era of AI, NVIDIA RTX AI PCs Enhance Content Creation, Gaming, Entertainment and More

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  • December 11, 2024

Editor’s note: This post is part of the AI Decoded series, which demystifies AI by making the technology more accessible, and showcases new hardware, software, tools and accelerations for GeForce RTX PC and NVIDIA RTX workstation users. NVIDIA and GeForce RTX GPUs are built for the era of AI. RTX GPUs feature specialized AI Tensor

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Macy’s gives update on employee who hid $151M
Media

Macy’s gives update on employee who hid $151M

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  • December 11, 2024

Macy’s provided an update on the former employee who was responsible for hiding approximately $151 million of cumulative delivery expenses over the past three years.  “We’ve concluded our investigation and are strengthening our existing controls and implementing additional changes designed to prevent this from happening again and demonstrate our strong commitment to corporate governance,” Macy’s

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Nvidia

Into the Omniverse: How OpenUSD-Based Simulation and Synthetic Data Generation Advance Robot Learning

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  • December 11, 2024

Editor’s note: This post is part of Into the Omniverse, a series focused on how developers, 3D practitioners, and enterprises can transform their workflows using the latest advances in OpenUSD and NVIDIA Omniverse. Scalable simulation technologies are driving the future of autonomous robotics by reducing development time and costs. Universal Scene Description (OpenUSD) provides a

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Walgreens could ‘aggressively’ cut costs if privately owned, analyst says
Media

Walgreens could ‘aggressively’ cut costs if privately owned, analyst says

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  • December 11, 2024

If Walgreens Boots Alliance Inc. is bought by private equity firm Sycamore Partners, it would have more flexibility to “aggressively” reduce costs in order to address persisting industry challenges, according to an industry analyst.  “As a private company, WBA [Walgreens Boots Alliance] would have more flexibility to make major changes to the business, in our

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Media

Macy’s ends delivery expense investigation, saying employee hid $151 million

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  • December 11, 2024

The department store operator slightly raised its full-year forecast, while still projecting a sales decline. ​Read More

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Crypto lobby targets SEC’s Crenshaw ahead of Senate committee vote
Media

Crypto lobby targets SEC’s Crenshaw ahead of Senate committee vote

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  • December 11, 2024

The crypto industry is mounting a vigorous effort to block the renomination of Securities and Exchange Commissioner Caroline Crenshaw as the Senate Banking Committee gears up to vote for her appointment to a second term at Wall Street’s top regulator. Crenshaw, a Democrat, was appointed to the commission in 2020 by then-President Trump, and renominated by Biden.

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Macy’s activist investors want the retailer to make significant changes
Media

Macy’s activist investors want the retailer to make significant changes

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  • December 10, 2024

Macy’s is facing calls from a pair of activist investors to make a slew of changes at the department store chain.  The activist investors, Barington Capital Group and Thor Equities, took issue with Macy’s capital allocation strategy in a Monday presentation while simultaneously arguing the department store chain should consider some “structural actions” for its

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Microsoft shareholders vote against company investing in bitcoin
Media

Microsoft shareholders vote against company investing in bitcoin

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  • December 10, 2024

Microsoft shareholders on Tuesday voted down a proposal that would’ve seen the tech giant explore investing in bitcoin as a means of diversifying its assets. The proposal, which was put forward by a conservative think tank known as the National Center for Public Policy Research, would have directed Microsoft’s board to conduct an assessment about

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Federal judge blocks Kroger’s $25B acquisition of Albertsons
Media

Federal judge blocks Kroger’s $25B acquisition of Albertsons

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  • December 10, 2024

A federal judge on Tuesday blocked the proposed $25 billion merger between Albertsons and Kroger, agreeing with the Federal Trade Commission (FTC) that the deal would undermine competition in the grocery industry. U.S. District Judge Adrienne Nelson said that the plan put forward by the two companies to reduce grocery prices and divest more than

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