Connect with us

Technology

DJI is suing the Department of Defense over the company’s listing as a Chinese military company

Published

on

DJI Mini 3 Pro drone

Drone manufacturer DJI filed a criticism lawsuit Friday against the US Department of Defense over its inclusion DoD list “Chinese military companies”.

A DJI spokesman said the company filed the lawsuit after “attempting to contact the Department of Defense for over sixteen months” and decided it had “no alternative but to seek relief from federal court.”

“DJI is not owned or controlled by the Chinese military, and the Department of Defense itself acknowledges that DJI produces consumer and commercial drones, not military drones,” the spokesman said.

Advertisement

The Chinese company was included on the Department of Defense’s 2022 list, following similar actions by other government agencies – in 2020 DJI was included on the list Department of Commerce Entity List this essentially prevented American corporations from selling it, and the following yr it was placed on the Treasury Department’s investment block list because of DJI’s alleged involvement in surveillance of Uyghur Muslims. (The company said it had “nothing to do with the treatment of Uyghurs in Xinjiang”).

In its lawsuit, DJI claims that as a result of the listing, it “suffered ongoing financial and reputational harm, including loss of business, and employees were stigmatized and harassed.”

The company says the Department of Defense report justifying the listing “contains a scattered set of claims that are completely inadequate to justify the designation of DJI.”

The lawsuit argues: “Among numerous deficiencies, the report applies improper legal standards, confuses individuals with common Chinese surnames, and relies on outdated facts and weakened ties that fail to establish that DJI is a (Chinese military company).” It also says that founder and CEO Frank Wang and three early-stage investors “collectively own 99% of the company’s voting rights and approximately 87.4% of its stock.”

Advertisement

The Department of Defense didn’t immediately reply to TechCrunch’s request for comment.

This article was originally published on : techcrunch.com
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Apple supposedly considered the construction of the iPhone 17 air without ports

Published

on

By

A Apple Lightning port charging cable is seen with with an iPhone in this illustration photo in Warsaw, Poland on 05 October, 2022.

After reporting in (*17*) that Apple adds “air” to its iPhone offer, Mark Gurman Bloomberg is offering more details About the upcoming slim iPhone.

Gurman says that the iPhone 17 Air shall be launched this fall-like the MacBook Air, shall be thinner than standard models, while combining high-class and low functions. Apparently, this required “Hercule effort” of apple engineers to create a slimmer phone with thinner batteries without devoting batteries.

Gurman also informs that Apple considered making the first “completely free from the iPhone port”, and all charging is made wirelessly, and all data synchronization was made through the cloud.

Advertisement

However, Apple decided to not follow this route, a minimum of for now, partly as a result of the concerns about how the European regulatory authorities-who have committed smartphone manufacturers to support USB-C-Mog connectors to react.

(Tagstotransate) Apple

This article was originally published on : techcrunch.com
Continue Reading

Technology

Dad and 16-year-old son are introducing a new financial coaching tool with AI-

Published

on

By

coach kai, Eric mcloyd

This revolutionary artificial intelligence is the results of the exceptional cooperation of Eric Mcloyd, Sr., an experienced advisor and financial trainer and his 16-year-old son Eric Jr., whose fascination with technology caused the thought of ​​this progressive tool.


Father’s determination to remodel the moment that could be taught into a breakthrough project led to creation KAI coachAI powered financial tool, which goals to supply financial coaching to all. This revolutionary artificial intelligence is the results of the exceptional cooperation of Eric Mcloyd, Sr., an experienced advisor and financial trainer and his 16-year-old son Eric Jr., whose fascination with technology caused the thought of ​​this progressive tool.

History began when Eric Jr. He got into trouble in school for using chatgpt to perform his tasks. Initially, his dad was frustrated, but he quickly saw the potential of his son’s ingenuity. Eric Sr. He decided to convey the instinct of his son’s technology to a constructive project: Building the AI ​​powered tool that might solve a universal problem-August problem for individuals who want financial coaching.

Advertisement

“I met thousands of people who want and need financial coaching, but they were limited by access. Here is my son, who uses the latest technology with curiosity and ingenuity, “said Eric Mcloyd, senior.” He just needed a constructive way to direct him. “

The result’s Kai coach, a free financial tool, which connects over 10,000 hours of financial knowledge of Eric McLoyda Sr. with technological passion. Built on a proven approach to financial coaching, Eric Sr., Kai coach provides interactions based on goals geared toward directing users step-by-step towards financial freedom. It also provides direct access to supporting financial lessons and other educational content.

“Our vision is to provide financial coaching for everyone,” explained Eric Mcloyd, jr. “And although it is exciting to launch this tool, the best part works with my dad. This really taught me the power to transform challenges into possibilities. “

For his father, coach Kai is greater than just a financial tool – it’s a history of perseverance, innovation and family. “So here we are, father and son, ready to share Kai with the world,” he added. “Who knows? Maybe this is the beginning of my son’s journey as a financial professional. “

Advertisement

Father’s determination to remodel the moment that could be taught into a breakthrough project led to creation KAI coach. This financial tool powered by artificial intelligence goals to supply financial coaching to everyone. This revolutionary artificial intelligence is the results of the exceptional cooperation of Eric Mcloyd, Sr., an experienced advisor and financial trainer and his 16-year-old son Eric Jr., whose fascination with technology caused the thought of ​​this progressive tool.

History began when Eric Jr. He got into trouble in school for using chatgpt to perform his tasks. Initially, his dad was frustrated, but he quickly saw the potential of his son’s ingenuity. Eric Sr. He decided to convey the instinct of his son’s technology to a constructive project: Building the AI ​​powered tool that might solve a universal problem-August problem for individuals who want financial coaching.

“I met thousands of people who want and need financial coaching, but they were limited by access. Here is my son, who uses the latest technology with curiosity and ingenuity, “said Eric Mcloyd, senior.” He just needed a constructive way to direct him. “

The result’s Kai coach, a free financial tool, which connects over 10,000 hours of financial knowledge of Eric McLoyda Sr. with technological passion. Built on a proven approach to financial coaching, Eric Sr., Kai coach provides interactions based on goals geared toward directing users step-by-step towards financial freedom. It also provides direct access to supporting financial lessons and other educational content.

Advertisement

“Our vision is to provide financial coaching for everyone,” explained Eric Mcloyd, jr. “And although it is exciting to launch this tool, the best part works with my dad. This really taught me the power to transform challenges into possibilities. “

For his father, coach Kai is greater than just a financial tool – it’s a history of perseverance, innovation and family. “So here we are, father and son, ready to share Kai with the world,” he added. “Who knows? Maybe this is the beginning of my son’s journey as a financial professional. “

Learn more in regards to the Kai coach Here.

Advertisement


This article was originally published on : www.blackenterprise.com
Continue Reading

Technology

VC Aileen Lee emphasizes how a wider investor Exodus worsens unhappiness for unicorn companies

Published

on

By

In the episode this week Download Strictlyvc Podcast, VC VC Aileen Lee, was directly with a significant consequence of the recent Boom and Bustu series: many companies got stuck within the abyss, not only fought for recovery of position after collecting an excessive amount of money on unbalanced valuations; They also lost the masters who once supported them.

Lee talked about how the partners of the limited partners hesitate to criticize the powerful managers of the fund, fearing that they might be cut off from investing in these companies again. But she imagined one thing they might say if they might speak freely:

“Everyone wants to get to the X brand fund, so they never criticize them (for fear of repercussions). . They probably speak about us behind our backs (laughs) … But what they would say is (that) all people who were employed in these companies in the Venture in the Era of ZIRP. . . They made several shit investments, “and now they’re elbows – except that it is just too late, Lee noticed. “All money (LPS) was basically simply thrown on drainage, because people from work of the undertaking did not remain long enough to see if the companies were successful.”

Advertisement

Lee isn’t the fault of those newer investors. “Only a lot of people have not been trained and did not receive any mentoring or internship, as well as many investments and. As a result, there are many orphaned companies. ”

But there’s another excuse why the startups are left on their very own devices “and I think it is crazy,” said Lee; In many cases, the companies were orphaned by the senior general partner “who ran the investment – which is still there (in the company), but simply stopped appearing at the meetings of the board.”

This has been happening for some companies for years. Nobody had major care throughout the financing era with Covid, and the corner cut never stopped relating to the identical investments. But this can be a key reason why the growing variety of companies tries to search out external assist in exit strategies and why LPS can be justified in expressing greater frustration.

As one other a few years of VC, Jason Lemkin, told this editor at the tip of 2022, when VC for the primary time ceased to seem at startup meetings that lose their shoot: “(s) should not be controls and balances? Millions and millions are invested by pension funds, universities, widows and orphans, and when you do not perform any diligence on the way, and you do not perform constant diligence at a meeting of the board, in a sense you discourage your trust duties against LPS, right? “

Advertisement

(Tagstranslate) aileen lee

This article was originally published on : techcrunch.com
Continue Reading
Advertisement

OUR NEWSLETTER

Subscribe Us To Receive Our Latest News Directly In Your Inbox!

We don’t spam! Read our privacy policy for more info.

Trending