The University of Nevada, Reno’s Nevada Center for Applied Research has Velodyne Ultra Puck lidar sensors with traffic signals to detect, count and track pedestrians, cyclists and traffic.
Velodyne Lidar is working with the University of Nevada, Reno to advance research in transportation infrastructure. The Nevada Center for Applied Research purchased and, in conjunction with the Nevada DOT and Nevada Governor’s Office of Economic Development, is using Velodyne’s lidar sensors in its Intelligent Mobility initiative to collect data aimed at making transportation more efficient and safe.
The program has integrated Velodyne Ultra Puck lidar sensors with traffic signals to detect, count and track pedestrians, cyclists and traffic to help improve traffic analytics, congestion management and pedestrian safety.
One reason the lidar sensors have been placed at crossing signs and intersections is because lidar used today does not allow for facial recognition. In theory smart by anonymous city applications can preserve trust among the public. However, the US is far from even thinking about privacy, let alone articulating a policy about private data use as evidenced by Google and Twitter and Facebook among many other rich and powerful corporations that own politicians.
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BorgWarner Cops SEC Plea for Materially Misstating Financial Statements Concerning Asbestos Litigation
The Securities and Exchange Commission today announced settled charges against BorgWarner Inc., a motor vehicle parts maker in Auburn Hills, Michigan, for materially misstating its financial statements by failing to account for certain asbestos liabilities. The SEC’s order finds that from 2012 to 2016, BorgWarner failed to report More than $700 million in liabilities associated with future asbestos claims.
According to the SEC’s order, BorgWarner did not conduct any substantive quantitative analysis to estimate these asbestos claims, despite possessing nearly 40 years of historical raw claims data. BorgWarner also admitted that its internal controls over financial reporting were ineffective. Continue reading →