Archive | December 2018

Sears may need to liquidate if no bid comes in by Friday

Sears’ likely last shot at survival is a $4.6 billion proposal, put forward by Chairman Eddie Lampert, to buy the company out of bankruptcy.

Source: Sears may need to liquidate if no bid comes in by Friday

South Australia’s big battery slashes $40m from grid control costs in first year

South Australia’s big battery has outperformed expectations in its first 12 months, saving almost $40 million in grid stabilisation costs and helping prevent blackouts.

Source: South Australia’s big battery slashes $40m from grid control costs in first year

Four billion people lack an address. Machine learning could change that. – MIT Technology Review

Researchers at MIT and Facebook are proposing a new way to generate street addresses by extracting roads from satellite images.

Source: Four billion people lack an address. Machine learning could change that. – MIT Technology Review