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The Chinabased inceptio 270m series JD logistics

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chinabased inceptio 270m jd logistics meituan

Whenever you need to purchase a new car, the first thing that you want to check for is the brand of the car. For instance, if you are going to buy a new car, you will want to check to see if the car is based on the China-based Inceptio 270m series. This will help you avoid problems when you are going to buy the car.

chinabased inceptio 270m jd logistics meituan

chinabased inceptio 270m series jd meituan

Founded in Shanghai, Inceptio Technology is developing autonomous trucks for China. The company aims to develop a nationwide network of self-driving trucks. This will help improve safety, efficiency, and driving experience. It is also expected to reduce energy consumption. Currently, Inceptio has partnered with the country’s largest original equipment manufacturers (OEMs) to develop China’s first driverless heavy-duty trucks. Inceptio’s hardware suite includes lidar, a camera, GPS/inertial measurement units, a gateway, a computing platform, and millimeter-wave radar.

China-based Inceptio has closed its latest round of funding, announcing that it had secured a US$270 million Series B equity investment round led by Chinese e-commerce platform operator Meituan and Wisconsin-based trucking firm JD Logistics. The company will use the funds to accelerate the development of its self-developed truck auto-driving system, Xuanyuan. Inceptio plans to begin mass-producing autonomous trucks in 2021.

Inceptio Technology is led by former Google engineers, including Julian Ma, a former corporate vice president of Tencent, and Ruigang Yang, a computer vision scientist who worked at Baidu Research in China. Other key figures on Inceptio’s founding team include Hong Kong billionaire Henry Cheng and William Li’s NIO Capital. Inceptio will use the new capital to support the deployment of electric trucks and to develop new self-driving systems.

chinabased inceptio 270m jd logistics meituan

Located in Shanghai, China, Inceptio Technology is building the next generation of self-driving trucks. To date, the firm has raised $490 million in funding, including $165 million from China’s largest retailer, JD Logistics. It will also be joined by Dongfeng Motor, the country’s largest automotive company, in a multi-year partnership that will cover China’s largest transit hubs and tier-two cities.

The company has five business segments: Warehousing and Distribution Services, Express and Freight Delivery Services, Smart City Solutions, Intelligent Transport Systems, and Mobile Payment and Financing. To be more specific, Inceptio’s wares will be centered around two lines of trucks, one preloaded with the company’s Xuanyuan auto-driving platform and the other with an all-electric variant. It will be interesting to see how its innovations will affect China’s transportation industry.

One of the company’s most important achievements is the creation of a full stack self-developed truck auto-driving system. The company will also be launching a new fleet of trucks with a battery-swapping feature. The company has already shown off its wares at the World Artificial Intelligence Conference and it is expected that the first truck of its kind will roll down the highway in the near future.

chinabased inceptio 270m series logistics meituan

Founded in January of 2018, Inceptio has garnered a substantial amount of attention. Despite the fact that its headquarters are located in California, the company has a sizable presence in Shanghai. Among its other notable partners are Eight Roads, PAG, and Mirae Asset. Inceptio’s latest round of funding tallyed a whopping $270 million. The company plans to use the funds to further its research and development in the area of autonomous driving.

The company is no stranger to the limelight, as its aforementioned robotruck division has been embraced by leading shippers in China. The company recently obtained an A-sample from Dongfeng Commercial Vehicle Co. The company has also made an effort to collaborate with Chinese heavy duty truck manufacturers, such as Sinotruk.

The company isn’t stopping there, as it is planning on releasing a fully autonomous truck model by the end of the year. To help kickstart the development process, it has tapped into China National Heavy Duty Truck Group and Dongfeng Motor Corporation. Unlike the robotrucks of old, these vehicles will be built in the same standardized fashion as today’s trucks.

Inceptio isn’t the only company to capitalize on the autonomous truck concept, but the company’s achievements in this field have been nothing short of impressive.

chinabased inceptio 270m series logistics pe

Despite the fact that it hasn’t officially launched its self-developed autonomous driving system, China-based Inceptio Technology has recently closed a $270 million Series B funding round. The company, which has been partnering with China’s leading OEMs to develop mass-produced autonomous trucks, will use the money to help fund its research and development. It also plans to mass-produce a new series of autonomous trucks later this year.

This investment round was led by the PE firm PAG, and also featured participation from Meituan and JD Logistics. Despite the fact that it hasn’t disclosed its corporate valuation, the money raised was a good sign for the company, which is looking to develop an automated freight network. Other investors included express delivery company Deppon and IDG Capital.

chinabased inceptio 270m series meituan pag

Founded in 2016, China-based Inceptio recently completed a $270 million Series B financing round with Meituan. This is the company’s third Series B round since launching its self-driving truck program. The company has also partnered with Dongfeng Motor Commercial Vehicles, China National Heavy Duty Truck Group, and JD Logistics to develop L3 heavy-duty trucks. These trucks will be capable of Level Three autonomous driving and deliveries should begin before the end of the year. Inceptio will use the funds to accelerate investment in electric trucks and expand its internal research on self-driving systems.

Inceptio Technology has presented its hardware suite, which includes cameras, GPS/inertial measurement units, lidar, millimeter-wave radar, and a computing platform. Inceptio will launch its autonomous driving system “Xuanyuan” in March 2021. Inceptio will use the funds from the Series B round to expand its internal research on self-driving technologies.

 

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Angry IT administrator destroys employer’s databases; sentenced to 7 years in prison

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Angry IT administrator destroys employer's databases; sentenced to 7 years in prison

Han Bing, a former database manager for Lianjia, a major Chinese real estate agency, was given a 7-year prison term for breaking into company computers and erasing data.

Bing is accused of carrying out the conduct in June 2018, when he reportedly accessed the company’s finance system using his administrator rights and “root” account and deleted all previously saved data from two database servers and two application servers.

Large elements of Lianjia’s operations were immediately crippled as a result, leaving tens of thousands of workers without pay for an extended length of time and necessitating a data restoration effort that cost about $30,000.

However, because Lianjia has thousands of offices, employs over 120,000 brokers, owns 51 companies, and has an estimated $6 billion market value, the indirect costs from the firm’s economic disruption were significantly more detrimental.

examination of the staff
H. Bing was one of the five primary suspects in the event involving the data deletion, according to records made public by the court of the People’s Procuratorate of Haidian District, Beijing.

When the administrator refused to reveal his laptop password to the company’s inspectors, suspicions were quickly aroused.

Chinese media outlets who reprinted portions of the disclosed documents explain that “Han Bing stated that his computer had confidential data and the password could only be handed to official authorities, or would only accept entering it personally and being present during the checks.”

The checks were solely carried out to evaluate the response of the five employees who had access to the system because, as the investigators testified in court, they knew that such an operation wouldn’t leave any records on the laptops.

Finally, the experts were able to pinpoint the activity to particular internal IPs and MAC addresses after retrieving access records from the servers. The inspectors even collected WiFi network logs and timestamps, which they afterwards compared against CCTV footage to validate their suspicions.

The forensic expert hired by the company concluded that Bing had wiped the databases using the “shred” and “rm” commands. Rm deletes the files’ symbolic links, whereas shred overwrites the data three times with different patterns to make it unrecoverable.

Unhappy employee?
Unexpectedly, Bing had regularly warned his employer and superiors about security flaws in the finance system, even emailing other administrators to express his concerns.

He was mostly disregarded, nevertheless, as the departmental administrators never gave their approval for the security project he wanted to oversee.

This was supported by the testimony of the director of ethics at Lianjia, who told the court that Han Bing frequently argued with his superiors because he believed his organisational suggestions weren’t valued.

A similar incident occurred in September 2021 when a former employee of a credit union in New York deleted approximately 21.3GB of records in a 40-minute rampage as retaliation for her managers terminating her.

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Internet Explorer 11 support will no longer be offered by WordPress.

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Internet Explorer 11 support will no longer be offered by WordPress.

WordPress, the most well-known and widely used blogging platform, is thinking about removing support for Internet Explorer 11 when its usage falls below 1%.

WordPress has discovered that the cumulative usage of IE 11 is less than 1% using the following three metrics:

according to StatCounter’s GlobalStats, 0.71%.
from W3 Counter, 1.2%
from WordPress.com, 0.46%
When WordPress stopped supporting Internet Explorer 8, 9, and 10 in 2017, these usage figures were comparable.

WordPress plans to discontinue support for Internet Explorer 11 in the future due to the low number of users and the significant expense of maintaining the browser.

“Regarding the present WordPress user experience, the majority of WordPress users ought to be aware by now that a flag was introduced to BrowseHappy around 13 months ago to not recommend IE. In connection with this, the entire IE11 experience is subpar and comes with a significant maintenance cost for developers “Last week, WordPress clarified in a blog post.

WordPress is requesting feedback from individuals and organisations that still use the browser by March 18th in order to formulate their strategies for ceasing support.

WordPress is not the only platform to stop supporting IE 11.

Microsoft Teams’ web app will no longer be supported by Internet Explorer, and Microsoft 365 would stop supporting it on August 17, 2021, according to a 2020 August Microsoft announcement.

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Major Canadian banks experience a bizarre, hours-long outage

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Major Canadian banks experience a bizarre, hours-long outage

Major Canadian banks fell unavailable for several hours, denying consumers access to e-transfers, online and mobile banking, and other services.

The Canadian Imperial Bank of Commerce, Scotiabank, Bank of Montreal, and Royal Bank of Canada (RBC) are among the institutions apparently affected by the outage (CIBC).

For many, online banking and e-Transfers are not working.
Yesterday, the main banks in Canada went offline, making it difficult for many people to access e-Transfers, online, and mobile banking services.

The number of reports of people experiencing problems accessing their online banking peaked on Wednesday between 5 and 6 p.m. Eastern time, while BleepingComputer is still receiving an influx of these reports today:

 

An RBC spokesman acknowledged that “we are currently having technical challenges with our online and mobile banking, as well as our phone services.”

“We have no ETA to offer at this time, but our specialists are looking into it and striving to fix it as soon as they can. We value your tolerance.”

Customers continued to report problems a few hours later, within 30 minutes of RBC declaring that all systems were operating normally:

Andrew Currie, an RBC client, stated that the disruption left him without “access to my money at the grocery store” and forced him to wait in line for the cash register for 30 minutes.

Customers of BMO also noticed that the bank’s “Global Money Transfer service” was unavailable “all day” and that transfers were being automatically denied without any apparent cause. Such customers were advised to contact customer care by a BMO representative.

Inconsistencies with their internet banking were not acknowledged by CIBC.

Customers were apparently locked out of the TD Bank mobile banking app, and customer support agents said they “haven’t been told of recent concerns with our online service through EasyWeb.”

According to a TD Bank representative speaking to BleepingComputer, the bank had no significant system issues or outages.

It’s unclear at this moment whether some people’s difficulties at the ATMs were caused by the outage. According to an RBC staffer, the customer experiencing ATM problems is using an old debit card:

Some transfers are subject to rules under the Emergencies Act.

Although the reason for the outage is unknown, its timing is very intriguing because it comes only a few days after Canadian Prime Minister Justin Trudeau used the Emergencies Act in the midst of ongoing “Freedom Convoy” rallies.

Deputy Prime Minister Chrystia Freeland detailed the new rules that payment service providers must follow in accordance with the recently implemented Emergencies Act on Monday during a press briefing on Parliament Hill.

Additionally, without a court ruling and without risking civil liability, the Emergencies Act gives banks the power to freeze the accounts of people and companies they believe to be connected to the illegal blockades.

However, as the Deputy PM notes, since banks are currently required to report to FINTRAC, it is still unclear how new legislation will cause a planned or unanticipated outage.

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