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Google Project Soli Receives FCC Approval

Daniel Chase

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Back in 2015, a crack commando unit was sent to prison by a military court for a crime they didn’t commit. These individuals promptly escaped from a maximum security stockade to the Los Angeles underground. Today, still wanted by the government, they survive as soldiers of fortune. If you have a problem if no one else can help, and if you can find them, maybe you can hire Google ATAP (advanced technology and projects). While that’s not exactly how Google’s (GOOGL) tech incubator team was formed, and more than likely was text is taken from the introduction to a TV show from the 70’s, Google’s (GOOGL) in-house skunkworks collective has been working on a project akin to the unparalleled quality of an episode of the A-Team, if not greater. 

Imagine being able to control your computer or smartphone simply by making the relevant gesture depending on how you want to interact with your device. Google’s (GOOGL) ATAP Project Soli has purposed itself with making this futuristic dream-like concept a practical reality. The Soli Project first began in 2015, and in that time, the ATAP team has had tremendous breakthroughs with the developmental tech. Pausing for a moment to give you a brief, but necessary science lesson, radar is a technology which transmits a radio wave towards a target, and the receiver of the radar signal intercepts reflective energy from that target. Operating with the goal of “harnessing the power of hand and finger manipulation to make it easier to interact with devices and screens,” Project Soli utilizes radar technology to capture signals from human hands and transmit those signals into interactions on the screens of our favorite tablets, smartphones, and computers, according to TechCrunch.

In recent news, the Federal Communications Commission (FCC) announced earlier this week that it would grant Project Soli an official waiver to allow the team to operate their radar-sensing device at higher, more optimal power levels, given that the FCC oversees all radio wave transmissions. 

“…We grant a request by Google, LLC for waiver of section…of the rules governing short-range interactive motion sensing devices, consistent with the parameters set forth in the Google-Facebook Joint ex party Filing, to permit the certification and marketing of its Project Soli field disturbance sensor to operate at higher power levels than currently allowed. In addition, we waive compliance of the rules to allow users to operate Google Soli devices while aboard aircraft…We further find that grant of the waiver will serve the public interest by providing for innovative device control features using touchless hand gesture technology.”

Federal Communications Commission commenting on Project Soli 

The FCC’s regulatory approval of Project Soli is not only an incredible breakthrough for the Google ATAP team (GOOGL) but more than that, its an indication of a significant milestone in human history. Few would argue against the importance of touch as a means for communicating emotions between individuals. We use our sense of touch to interact with the world around us, sensing danger, pleasure, and pain all from the physical sensation of feeling. To integrate this tactile function of the human body into cutting-edge technology is an indication that the gap between the physical and the virtual worlds is narrowing as time goes on. While news of Project Soli’s FCC waiver is exciting for some, it may be quite harrowing for others. There are those on this Earth that fear the future, and the changes that accompany it. According to reports, Project Soli will include a haptic feedback element, allowing users to receive physical responses to hand gestures, blurring the line between real and virtual even further. 

In terms of releasing Soli to the public, the ATAP team is shooting for broad availability later this year, according to TechCrunch reports. The first iteration of Soli will most likely be incorporated into the function of wearable devices such as smartwatches. 

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Got That Friday Feeling? We Do Too! April 26, 2019 Morning Update

Jon Phillip

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Can You Detect A Winner?

We live in a world where threats to our safety, both large and small, have impacted the way we as a society live.  Increased security measures are being taken in several aspects of daily life such as entering a school or even a baseball game, often causing large delays.  Worse off, not all current security measures are stopping these threats before they happen. One company is working on a solution to combat these issues, NOW. Click Here & See For Yourself

Reviving The Lost Interest In The Gold Mines: McEwen

From the viewpoint of a mining executive, a loss in interest in gold mines is being assessed. After dabbling in other activities in the mining sector, firms and companies must switch back to their core activity of finding new gold mines. What could this mean for mining stocks? Click For Full Article

Saudi’s Minister Has No Plans To Boost Oil Production After Iran Oil Waivers End

On Wednesday, Saudi Arabia’s Energy minister Khalid al-Falih said that there was no need to immediately increase oil output. This followed the ending of waivers granted by the US to Iranian crude oil buyers. He added that Saudi Arabia will only respond to increase oil output if there is an increase in demand. Read More, Now.

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Saudi’s Minister Has No Plans To Boost Oil Production After Iran Oil Waivers End

Jon Phillip

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oil and gas news

On Wednesday, Saudi Arabia’s Energy minister Khalid al-Falih said that there was no need to immediately increase oil output. This followed the ending of waivers granted by the US to Iranian crude oil buyers. He added that Saudi Arabia will only respond to increase oil output if there is an increase in demand.

The Decision Not To Increase Output Based On Market Fundamentals

The minister said that his decision was based on oil market fundamentals rather than prices and that they still remain focused on stabilizing the global oil market.  Speaking in Riyadh, Falih said that despite the rising of inventories as a result of sanctions on Iran and the situation in Venezuela it was not necessary to have an immediate response to increase oil output.

Last year the US granted Iranian oil buyers exemptions from sanctions but it has tightened the line by deciding not to renew them.  Saudi Arabia intends to remain within its OPEC production limit as well as be intent to its customers. More so those under waivers and those that have seen their waivers withdrawn. 

The minister said that they are not going to pre-empt the same and increase their output. Oil production number for May are set. It had little variations from previous months. Furthermore, crude oil allocations for June will be decided next month.

Oil Prices Have Been Increasing Since November

Since November, Oil prices have increased. This follows the announcement by the US that all waivers on imports of Iranian oil will not be renewed to put pressure on buyers to stop buying oil, from Iran. This ends up tightening global oil supply. 

On Wednesday, Brent Crude futures dropped to trade at $74.18 per barrel. This followed a statement from the International Energy Agency. This indicates that markets are adequately supplied and global production is stable.

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Reviving The Lost Interest In The Gold Mines: McEwen

Joe Samuel

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gold mining stocks to buy

From the viewpoint of a mining executive, a loss in interest in gold mines is being assessed. After dabbling in other activities in the mining sector, firms and companies must switch back to their core activity of finding new gold mines. What could this mean for mining stocks?

Rob McEwen, CEO and Chairman of McEwen Mining (MUX) says, the first few months of the year has brought and encouraged the attention and interest of the investors in the mining of precious metals sector. But, now it is extremely important to bring up some new discoveries and execute some exploration plans in order to give consistency to the investors’ attention.

New Opportunity For Mining Stocks?

He remarks that a new zeal is required to bring enthusiasm to the investors. The current market is in need of some extraordinary news. He even said that there is no lack of money in this sector and that investors just need to work upon it and create shareholder values.

Chairman McEwen commented as the prices of the gold is consistently falling since3-4 months causing damage to the mining sector. Companies like June Gold Futures and VanEck Vectors Gold Minors ETF last traded at $1,273.50/ounce, and $20.92/share respectively and the former went down 0.32% while the latter faced 0.29% fall on the day.

According to McEwen, a few companies are working in this direction to revive the interest in these mines. These companies are Kirkland Lake Gold (its record production) & Great Bear Resources (its active program of exploration) are mentioned by him in this regard.

McEwen, as per his plans, is heading for extensive drilling plans in North America. He introduced that his company is going to invest $17 million at Black Fox Property’s (North Ontario) exploration plans and $5 million at Gold Bar Mine (Nevada).

McEwen believes that such resources are full of potential and can create peerless mines in the world.

McEwen planned for the aforementioned two plans as the world saw a degradation in the production at Gold Bar due to massive snowfall at Nevada. And also, the production at Black Fox was affected as the contactor-run crushing plant was shut down for 6 weeks in February.

Growth Is The Focus

But McEwen is definite to complete its target no matter what. He said the company will fulfill its 2019 target of gold production of 205,000 ounces. In the first 3 months of 2019, he claimed the gold production of 36,166 ounces. This is 18% more than the gold production in the first 3 months of 2018.

McEwen gave a positive statement saying that price and the interest of investor will be gained back soon once the gold mines receive adequate attention. He says that the mining sector is facing a lacuna of sentiments of investors.

He even said that the importance of gold mines could be seen as unlike investors, Central Bank is showing stability in hiking the bank’s gold reserve and continuing to see it as an international currency. So, it is still important for those investors who are seeking protection for their investments.

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