As the traffic lights turn from amber to red, Miranda Blogg accelerates towards them.
“Here we go,” she says.
A dash-mounted screen in her Renault ZOE flashes a warning featuring a traffic light symbol.
Blogg continues. “Oh no, I’m not slowing!”
The screen erupts with a more aggressive visual display (“Stop!”) accompanied by three loud, grating, beeps.
“Whoops,” she says, as she brakes, still well ahead of the lights.
Blogg is the director of the Connected and Automated Vehicle Initiative (Cavi) at Queensland’s transport department. Since September it has retrofitted 350 vehicles with cloud-connected antennae, under-the-seat control boxes and dash-mounted screens to test systems in the streets of Ipswich that might one day allow fully self-driving cars to operate.
This technology installed as part of the Ipswich connected vehicle pilot – Australia’s largest to date – allows cars to communicate with other cars, sharing information about their position, speed and other data, and to receive real-time warnings from roadside infrastructure about road hazards or red lights.
Early results show that drivers do pay attention when “talking cars” warn them about approaching red lights, reduced speed limits and pedestrians.
Blogg says that emerging data is promising, but further research will be needed to explore whether the system could work on a broader scale.
As we crawl through Brisbane’s peak-hour traffic, heading west towards Ipswich with Blogg behind the wheel, the dash-mounted screen displays nothing more than a static white circle.
But as we hit the Centenary Highway, just past the Moggill Road turnoff, we enter the 300 sq km radius of roads that are part of the trial, and the screen blinks to life, showing the current speed limit.
A few kilometres further on, Blogg points out a roadside sign flashing a variable speed limit, signalling that the usual 90km/h limit has been reduced to 80.
The screen display immediately follows suit, thanks to the feed coming from TMR’s real-time traffic management platform.
Being able to “read” variable speed limit signs is crucial to the connected driving vision, which demands accurate real-time feeds from a multitude of sources. There are 90 jurisdictions in Queensland that manage speed limits, including 77 local councils, 12 TMR districts and the toll-road operator Transurban.
“It seems simple but it’s actually quite a lot of effort,” Blogg says.
As we reach the central business district of Ipswich, Blogg circles the block to demonstrate the car’s ability to recognise the red light – one of the 30 sets in Ipswich fitted with information-gathering antenna.
Similar warnings are activated when drivers head towards hazards such as water on the road, road closures or a crash, or when there are pedestrians or bicycles crossing at an intersection.
No vehicles have yet been automated as part of this trial, says Prof Andry Rakotonirainy, the director of QUT’s centre for accident research and road safety, one of the partners in the trial.
However, the technology represents an important link in the transition to self-driving cars. In the meantime, it will “help people to drive safely, and potentially reduce road trauma”, he says.
Participants are now being recruited for a different trial, which will include elements of automation.
Ipswich was chosen for the trial partly thanks to its proximity to smart motorways, which already embed information, communications and control systems in and alongside the road.
Unlike Brisbane, it uses the same standard traffic signals as rest of the state. Unlike the Gold Coast, it has no expanding light rail network to complicate matters. And unlike the Sunshine Coast, the CBD has a grid structure, facilitating ample interactions between cars, bikes and pedestrians.
There was one more reason – when the trial was set up, the ebullient “Mr Ipswich”, Paul Pisasale, was mayor.
Pisasale threw his support behind the iGO plan for a sustainable transport future and the Smart City program, which promised innovations such as robotic street cleaners, wheelie bins that alert garbage trucks when they need to be emptied and park benches with solar-powered charging stations.
It was a tumultuous time, which heightened concerns over the continuity of the project.
“We moved pretty quickly to gain the support of the new councillors,” Blogg says. “Sometimes it can be a very complicated project to explain [but] they were great, they were on it, which made my life much easier.”
Other challenges lay ahead, including equipment malfunctions due to summer temperatures in Ipswich which are, on average, 5C higher than Brisbane’s.
Then followed a year of more or less empty roads due to Covid-19, which the team filled with up to 30,000 kilometres of on-road testing to keep participants motivated and to prepare for the current on-road phase.
“Some may refer to it as the Cavi curse,” Blogg says. “It was a long road.”
“In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk said in a tweet late on Tuesday.
In other comments on Twitter on Tuesday, Musk said “yes” when asked if he was finished selling Tesla stock. He also said he would buy Tesla stock again if the Twitter deal does not close.
Musk has committed more than $30bn of his own money to the financing of the deal, with more than $7bn of that total provided by a coterie of associates including tech tycoon Larry Ellison, the Qatar state investment fund and the world’s biggest cryptocurrency exchange, Binance.
Musk, the world’s richest person, sold $8.5bn worth of Tesla shares in April and had said at the time there were no further sales planned. But since then, legal experts had suggested that if Musk is forced to complete the acquisition or settle the dispute with a stiff penalty, he was likely to sell more Tesla shares.
Last week Musk launched a countersuit against Twitter, accusing the platform of deliberately miscounting the number of spam accounts on the platform. Twitter has consistently stated that the number of spam accounts on its service is less than 5% of its user base, which currently stands at just under 238 million. Legal experts have said that Musk will find it hard to convince a judge that Twitter’s spam issue represents a “company material adverse effect” that substantially alters the company’s value – and therefore voids the deal.
Musk sold about 7.92m Tesla shares between 5 August and 9 August, according to multiple filings. He now owns 155m Tesla shares or just under 15% of the electric carmaker.
The latest sales bring total Tesla stock sales by Musk to about $32bn in less than one year. However, Musk remains comfortably ahead of Jeff Bezos as the world’s richest man with an estimated $250bn fortune, according to the Bloomberg billionaires index.
Tesla shares have risen nearly 15% since the automaker reported better-than-expected earnings on 20 July, also helped by the Biden administration’s climate bill that, if passed, would lift the cap on tax credits for electric vehicles.
Musk also teased on Tuesday that he could start his own social media platform. When asked by a Twitter user if he had thought about creating his own platform if the deal didn’t close, he replied: “X.com”.
Iran has announced it used cryptocurrency to pay for imports, raising the prospect that the nation is using digital assets to evade sanctions.
Trade minister Alireza Peyman Pak revealed the transaction with the tweet below, which translates as “This week, the first official import order was successfully placed with cryptocurrency worth ten million dollars. By the end of September, the use of cryptocurrencies and smart contracts will be widespread in foreign trade with target countries.”
این هفته، اولین ثبت سفارش رسمی واردات با #رمز_ارز به ارزشی معادل ۱۰ میلیون دلار با موفقیت صورت پذیرفت. تا پایان شهریور ماه، استفاده از رمز ارزها و قراردادهای هوشمند به صورت گسترده در تجارت خارجی با کشورهای هدف عمومیت خواهد یافت. #فصل_جدید_تجارت_خارجی
It is unclear what Peman Pak referred to with his mention of widespread use of crypto for foreign trade, and the identity of the foreign countries he mentioned is also obscure.
But the intent of the announcement appears clear: Iran will use cryptocurrency to settle cross-border trades.
That’s very significant because Iran is subject to extensive sanctions aimed at preventing its ability to acquire nuclear weapons and reduce its ability to sponsor terrorism. Sanctions prevent the sale of many commodities and technologies to Iran, and financial institutions aren’t allowed to deal with their Iranian counterparts, who are mostly shunned around the world.
As explained in this advisory [PDF] issued by the US Treasury, Iran has developed numerous practices to evade sanctions, including payment offsetting schemes that let it sell oil in contravention of sanctions. Proceeds of such sales are alleged to have been funnelled to terrorist groups.
While cryptocurrency’s anonymity has been largely disproved, trades in digital assets aren’t regulated so sanctions enforcement will be more complex if Iran and its trading partners use crypto instead of fiat currencies.
Which perhaps adds more weight to the argument that cryptocurrency has few proven uses beyond speculative trading, making the ransomware industry possible, and helping authoritarian states like Iran and North Korea to acquire materiel for weapons.
Peyman Pak’s mention of “widespread” cross-border crypto deals, facilitated by automated smart contracts, therefore represents a challenge to those who monitor and enforce sanctions – and something new to worry about for the rest of us. ®
The medtech company is hiring for a variety of roles at both its Limerick and Shannon sites, the latter of which is being transformed into a specialised manufacturing facility.
Medical devices giant Edwards Lifesciences began renovations to convert its existing Shannon facility into a specialised manufacturing centre at the end of July.
The expansion will allow the company to produce components that are an integral part of its transcatheter heart valves. The conversion is part of Edwards Lifesciences’ expansion plan that will see it hire for hundreds of new roles in the coming years.
“The expanded capability at our Shannon facility demonstrates that our operations in Ireland are a key enabler for Edwards to continue helping patients across the globe,” said Andrew Walls, general manager for the company’s manufacturing facilities in Ireland.
According to Walls, hiring is currently underway at the company’s Shannon and Limerick facilities for a variety of functions such as assembly and inspection roles, manufacturing and quality engineering, supply chain, warehouse operations and project management.
Headquartered in Irvine, California, Edwards Lifesciences established its operations in Shannon in 2018 and announced 600 new jobs for the mid-west region. This number was then doubled a year later when it revealed increased investment in Limerick.
When the Limerick plant was officially opened in October 2021, the medtech company added another 250 roles onto the previously announced 600, promising 850 new jobs by 2025.
“As the company grows and serves even more patients around the world, Edwards conducted a thorough review of its global valve manufacturing network to ensure we have the right facilities and talent to address our future needs,” Walls told SiliconRepublic.com
“We consider multiple factors when determining where we decide to manufacture – for example, a location that will allow us to produce close to where products are utilised, a location that offers advantages for our supply chain, excellent local talent pool for an engaged workforce, an interest in education and good academic infrastructure, and other characteristics that will be good for business and, ultimately, good for patients.
“Both our Shannon and Limerick sites are key enablers for Edwards Lifesciences to continue helping patients across the globe.”
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