Accenture to Acquire Bengaluru-based Industrial AI Firm Flutura

IT services and consulting firm Accenture on Tuesday said it will acquire Bengaluru-based industrial artificial intelligence company Flutura.

The deal size was not disclosed.

Flutura has approximately 110 professionals who specialize in industrial data science services for manufacturers and other asset-intensive companies.

“Flutura will strengthen Accenture’s industrial AI services to increase the performance of plants, refineries, and supply chains while also enabling clients to accomplish their net-zero goals faster,” Accenture said in a statement.

Ireland-based Accenture plans to bring Flutura’s capabilities to clients in the energy, chemicals, metals, mining, and pharmaceutical industries.

“Flutura democratizes AI for engineers. This acquisition will power industrial AI-led transformation for our clients globally and particularly in Australia, South-East Asia, Japan, Africa, India, Latin America and the Middle East,” Senthil Ramani, senior managing director and Accenture Applied Intelligence lead for Growth Markets, said.

Last year, Accenture acquired data science company ALBERT in Japan.

Other recent AI acquisitions of Accenture include Analytics8 in Australia, Sentelis in France, Bridgei2i and Byte Prophecy in India, Pragsis Bidoop in Spain Mudano in the UK and Clarity Insights in the US.

In November last year, Accenture partnered up with NTT Docomo, Japan’s largest telecom company, to fund the country’s Web3 exploration with a $4 billion (roughly Rs. 39,113 crore) investment. As part of the collaborative effort, both NTT Docomo and Accenture would be providing training courses for engineers as well as business developers looking to enter the sector.

Web3 has the potential to form a new digital economy with a greater social impact than conventional economies, providing clearly defined benefits and secure environments for success,” said a press statement from both the companies.


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Australia Announces Pilot for eAUD CBDC, Ropes In Mastercard for Testing

The central bank of Australia is tapping into the next, more advanced phase of finetuning its e-currency, named the eAUD. The country, which had been working on developing its central bank digital currency (CBDC) for a while now, has decided to launch the eAUD in its pilot trial phase. The development was confirmed by the Reserve Bank of Australia (RBA) on Thursday, March 2. The eAUD CBDC will essentially represent the Australian dollar on the blockchain, making transactional details unchangeable and in-turn, more transparent.

The RBA has onboarded a group of fintech players to assist in the eAUD CBDC pilot. These include Mastercard, the Australia and New Zealand Banking Group (ANZ), the Commonwealth Bank as well as local crypto players like Monoova and DigiCash.

“The pilot and broader research study that will be conducted in parallel will serve two ends – it will contribute to hands-on learning by industry, and it will add to policy makers’ understanding of how a CBDC could potentially benefit the Australian financial system and economy,” Brad Jones, Assistant Governor (Financial System) at the RBA, said in an prepared statement.

A CBDC is essentially a representation of a country’s fiat currency onto the blockchain network. CBDC transactions, when rolled-out, will reduce the dependencies of central banks on physical currencies, saving a fortune on printing and managing cash.

While the ANZ will be testing the use of the Australia’s CBDCs in offline payments and nature-based asset trading, Mastercard will test eAUD’s use interoperability quotient.

GST automation, funds custody, and corporate bond settlements are among other domains where the uses of the Australian CBDC will be checked during its pilot.

Australia’s Digital Finance Cooperative Research Centre (DFCRC) is also working with the RBA on the CBDC initiative. DFCRC is a 10-year, $180 million (roughly Rs. 1,500 crore) research program funded by industry partners and universities alongside the Australian government.

“The variety of use cases proposed covers a range of problems that could potentially be addressed by CBDC, including some that involve the use of CBDC for atomic settlement of transactions in tokenised assets. The process of validating use cases with industry participants and regulators will inform further research into design considerations for a CBDC that could potentially play a role in a tokenised economy,” Dilip Rao, Program Director – CBDC with the DFCRC, said as part of the prepared statement.

In September last year, the RBA had released a whitepaper which claimed that the eAUD pilot could be completed by mid-2023.


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Facebook, Instagram Begin Rolling Out Paid Verification Service in Australia, New Zealand

Facebook and Instagram began a week-long rollout of their first paid verification service on Friday, testing users’ willingness to pay for social media features that until now have been free.

Facing a drop in advertising revenues, parent company Meta is piloting a subscription in Australia and New Zealand before it appears in larger markets. The service will cost $11.99 (roughly Rs. 990) on the web and $14.99 (roughly Rs. 1,240) on the iOS and Android mobile platforms.

From Friday, subscribers Down Under who provide government-issued IDs can start applying for a verified badge, offering protection against impersonation, direct access to customer support and more visibility, according to the company.

“We’ll be gradually rolling out access to Meta Verified on Facebook and Instagram and expect to reach 100 percent availability within the first 7 days of the rollout,” a Meta spokesperson told AFP.

Some attempts to join Meta Verified from Sydney found the service was not available on the first day of the rollout.

“This new feature is about increasing authenticity and security across our services,” Meta CEO Mark Zuckerberg wrote in a statement posted on Facebook and Instagram.

Crucially, the move also provides Meta with a way of mining more revenue from its two billion users.

The swelling army of creators, influencers and pseudo-celebrities who make a living online could be obvious users of verification, according to experts.

Many of them complain that it can be difficult to smooth technical and administrative problems, causing delays and lost revenue.

Slow-burning strategy

Jonathon Hutchinson, a lecturer in online communication at the University of Sydney, said a kind of “VIP service” could be “quite a valuable proposition for a content creator”.

But ahead of the launch, ordinary users seemed less than keen to hand over money to a company that already makes vast sums from their data.

“I think most of my friends would laugh at it,” said Ainsley Jade, a 35-year-old social media user in Sydney.

She sees a trend toward more casual use of social media and a shift away from a time when you “put your whole life on there”.

“I think people are sort of moving away from that… but definitely, definitely wouldn’t pay for it — no way!

Some commentators have expressed puzzlement at why Facebook and Instagram would adopt a verification-subscription strategy that rival Twitter tried just weeks ago — with less than stellar results.

But Hutchinson said Meta has often shown a willingness to try new, and at times risky models, only to drop what does not work.

He sees this latest gambit as part of a broader effort to condition users to pay for social media.

“I think it’s part of a slow-burning strategy to move toward a model that is not free, where more and more services and functionality will be a paid or subscription-based service,” he told AFP.

“I think over the long-term the functionality that we have now — joining groups, selling things on ‘Marketplace’- all of these add-ons that have emerged on Facebook over the years will eventually become subscription-based services.”


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Fishermen cling to cooler after boat capsizes off Australian coast

ALBANY, Western Australia – Three men hoping for a rescue after their boat capsized Wednesday in the choppy Indian Ocean found an ice chest floating and clung to it to keep their heads above water and stay together.

The trio was fishing about 10 miles off the coast of Albany when their boat started taking on water. The men were forced to grab life jackets as the ship disappeared under the surface.

The swells were almost 7 feet high, according to SeaTemperature.info. The fully clothed fisherman were floating in 68-degree water for over 2 hours. While that might sound warm, water robs the body of heat 25 times faster than air, according to the CDC. Exhaustion or unconsciousness can set in within 2 to 7 hours.

Thankfully the trio had an EPIRB (Emergency Position-Indicating Radio Beacon). The battery-powered device transmitted a continuous distress call which the Australia Maritime Safety Authority picked up around 1 p.m. 

The fishermen had no other communication with authorities or other boats, so they just waited and hoped someone would find them.


Three fishermen flagging down a rescue helicopter after 2 hours clinging to a cooler.
AMSA via Storyful

The video shows a rescue helicopter approach the men, who had huddled together for warmth and clung to the blue cooler. One fisherman is trying to flag down the aircraft while clutching the EPIRB. Ocean swells tower over their heads.

Officials rescued the three men and none suffered serious injuries. In a statement, the AMSA focused on the importance of boating with life jackets and a registered emergency beacon.

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I started dating a sex doll after my fiancee left me — I even introduced her to my mom

After a devastating breakup and years without physical intimacy, Rod* made the bold move to purchase a $2064 sex doll named Karina.

The Aussie carpenter from rural New South Wales had been left “frozen” in a state of loneliness in 2021 when he ordered Karina online after searching for sexual stimulation tools.

Despite having zero knowledge about sex dolls, the 54-year-old said Karina “changed his life in many ways” and finally gave him something to care for.

“The doll became by synthetic physical companion,” Rod told Mamamia.

“Slowly my heart opened up, and I was distracted from my grief of losing my ex [fiance] that just wouldn’t go away by itself.”

The man says he introduced Karina to his mom.
@karina_luvly/Instagram

Only two months after purchasing Karina, Rod made the big decision to introduce her to his mom in Victoria for Christmas.

“Mum basically looked at her [Karina] as if she was poison,” Rod told 7News.

The 85-year-old was shocked, but after some encouragement, Rod’s mom was picking out jewelry and clothes for Karina.

“In the end, she warmed up – it was like a long lost daughter – she really got into it,” he said.

The tradie bought another sex doll named Lauren for a discounted price of $2000, who Rod describes as a “daydreamer” and Karina’s sister.

Rod also started a long-distance relationship with a woman named Jenny from Vietnam not long after purchasing his two dolls.

The man said Karina “opened” his heart.
@karina_luvly/Instagram

While the couple are now happily engaged, the tradie claims there were “tense moments” when Jenny discovered Lauren and Karina.

“She accepted my hobby after some time, and often would help me with some advice,” he told Mamamia.

Rod said his dolls keep him company when he can’t be with Jenny. He uses his spare time to bath, dress, pamper and photograph them.

Since purchasing the dolls, Rod has taken an interest in photography and manages an Instagram account, @karina_luvly, dedicated to Karina’s modelling shots.

Not only has his social skills improved since ordering Karina, but Rod also secured a contract with a Chinese manufacturer to photograph promotional material for their adult dolls.

While the tradies keeps the dolls after photographing them, he said Jenny is “really happy to support me”.

Despite Rod’s friends and family thinking his dolls are ‘strange”, the tradie claims his dolls have a positive influence on his life.

*Names have been changed.

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Woman jumps McDonald’s counter, makes own burger in wild rampage

This McDonald’s meal came with additional charges.

A woman has been arrested after she was seen in a viral TikTok video screaming at McDonald’s staff before jumping the counter and making herself a burger.

The 19-year-old — who has not been publicly named and shamed — was subsequently charged with disorderly behavior, property damage and assault over the incident, which occurred in Adelaide, Australia, last week.

The cause of the crop-top-clad customer’s outburst was unclear, but the TikTok clip showed her hurling abuse at stunned employees.

“I will beat you up or I will leave!” the unruly patron can be seen shouting in the video, which has clocked more than 75,000 views.

The woman then wanders into the back kitchen, where she nonsensically screams at more staff before making herself a burger.

She later helps herself to a bottle of water from inside a refrigerator before eventually being detained by two cops.

WARNING: Video contains graphic language

The cause of the crop-top-clad customer’s outburst was unclear, but the TikTok clip showed her hurling abuse at stunned employees after jumping the counter.
TikTok/@_bae_angle_

Police allege the culprit hurled the water bottle at a patron — leading to the assault charge.

TikTok viewers were left stunned by her brazen antics, with one writing: “It’s really sad people have to go to work and deal with this stuff.”

“People need to pay for their actions,” another wrote, saying they hope the customer faces the full force of the law.

Brazen: The shameless woman helped herself to a bottle of water from the refrigerator as one of the employees called the cops.
TikTok/@_bae_angle_
Whoops! The 19-year-old was arrested and charged with disorderly conduct, property damage and assault.
TikTok/@_bae_angle_

But while the woman’s antics may have stunned TikTok, it’s not the only fast food franchise incident to incite headlines in recent months.

Back in August, an employee at a Brooklyn McDonald’s was shot and killed by a customer who reportedly complained about cold fries.

Meanwhile, a video going viral on Twitter this week shows several women brawling with workers at a Waffle House in Austin, Texas, after they became angered by slow service.

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Graeme Drendel wins Australian portrait prize after ironic twist

The winner of Australia’s richest portrait prize — one of the most coveted in the Australian artistic world — has been revealed.

Victorian artist Graeme Drendel claimed the $150,000 Doug Moran National Portrait Prize for 2022 for his portrait of fellow artist Lewis Miller, in Sydney on Wednesday.

In an ironic twist, Lewis Miller’s own portrait of Mr. Drendel was also selected as one of the 30 finalists for the prize.

Mr. Drendel was a competition finalist in both 2021 and 2017 and an Archibald Prize finalist in 2018.

Victorian artist Graeme Drendel claimed the $150,000 Doug Moran National Portrait Prize for 2022.
DAN HIMBRECHTS/EPA-EFE/Shutterstock

Australian art historian and museum administrator Gerard Vaughan AM and Peter Moran, representing the Moran Arts Foundation, judged this year’s prize.

They were joined by Lucy Culliton, one of Australia’s foremost contemporary artists.

“The portrait has everything I was looking for: a freshness of paint, a likeness of the subject. The eyes meet the viewer,” Ms. Culliton said of Mr. Drendel’s painting.

“The palette of colours used is subtle but mixed in good skin colours.

Lewis Miller’s own portrait of Drendel was also selected as one of the 30 finalists for the prize.
DAN HIMBRECHTS/EPA-EFE/Shutterstock

“Interestingly when we viewed the paintings in real life, although I knew the painting was small, I was surprised at how small the portrait was.”

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Teacher’s unbelievable comment to Aussie schoolgirl revealed

Two young women are sharing how a lack of awareness from educators and schools about body image left a lasting impression on their life.

Imogen Barnes, 22, and Emma Nisbet, 28, have opened up about their experience with eating disorders in support of the Butterfly Foundation’s push to stop kids being weighed in schools.

In 2018, there was a huge push to measure school aged children’s height and weight every two years to tackle obesity.

At just the age of eight, in year 2, Imogen was asked to step onto the scales.

”We were asked to perform the Beep test at school, and following my classmates and I finishing the test, we were taken into a separate room and asked to pop on the scale in the order that we dropped out of the Beep test,” Imogen told news.com.au.

“Up until this moment in my life, I had no kind of concept of what weight meant, or what it meant to weigh anything. Of course, I had feelings and thoughts about my body.

Imogeqn said a program like Early evaluation of Butterfly Body Bright would have tremendously helped on their own self love journey.
im_powering/Instagram

“But I never really attributed any self worth to the size of my body.”

She said she looked around the room and noticed the kids that took up less space could run for longer and were praised for it.

“I realised in that moment, not only were you supposedly healthier if you were able to run faster and be smaller, but you were more likeable, and it influenced your social status,” she said.

“So I think at that moment in time, I kind of realised that in order to be worth anything in this world, I had to be small, and I had to be likeable. It had a lasting impact on my self esteem and my self worth, my body image and my relationship with food.

“Yeah, it was really, really awful.”

Again, in year 10, she was asked to repeat the same ritual but, with other factors going on in her life it led to her restricting food.

Eventually, at 15, she was diagnosed with anorexia nervosa – a story she knows many young Aussies have after being weighed in school.

She entered recovery after confiding in her husband.
Emma Nisbet via news.com.au

For Emma, who is based in Adelaide, she revealed she always had body image concerns but it was a comment from a teacher that, to Emma, confirmed the thoughts in her head.

At the age of 12, a photo of her singing was used for a school project and a teacher approached her about it.

“A teacher came over and he said I look as fat as if I had a mouthful of marshmallows,” Emma said. “I remember when he said that, my heart sank.

“It made me think that it confirmed how I felt about my body that I should be wanting to change and that there was something wrong with it.”

Emma battled anorexia as well as bulimia for years until she got the courage to send her husband a Facebook message revealing the plight she had been silently battling for years.

Both women are on their journey of recovery, and acknowledge other factors had an impact that led to them to battle an eating disorder, but are using their experiences to speak out about the current system in schools.

“I just think it’s so much more harmful than helpful. I remember doing the Beep test and being weighed but I don’t remember the lesson that it was supposed to be teaching me about health,” she said.

“I just remember how it made me feel. And I just remember the lack of self esteem that I possessed from that point forward. And I just can’t wrap my head around how it could be a useful thing to do for any child.”

The Butterfly Foundation revealed 30 per cent of people who responded to a survey, who had developed body and/or eating concerns during primary school, started developing body image concerns at the ages of 5 and 6.

Emma, pictured as a kid, said teachers could be better educated.
Emma Nisbet via news.com.au

That led to the development of the Butterfly Body Bright program, which started in 2021 and is currently in 300 schools, and is a whole of primary school program for Foundation-Year 6.

Funded by the Australian Federal Government’s Department of Health, every primary school is being encouraged to register for free before August 2023.

Dr Stephanie Damiano, manager of Butterfly Body Bright, said: “More school staff are becoming aware of students being dissatisfied with their bodies and engaging in disordered eating behaviours in primary school and are seeking support to help the students and peers. “We’re increasingly hearing reports of students expressing low self-esteem, not eating at school or who are uncomfortable doing so in front of others, students overeating and under-eating and expressing a desire to count calories and diet from a young age.”

Butterfly’s push of the program comes after a student’s teacher brought a set of scales into the classroom before weighing the students and ranking them from lightest to heaviest with their names and numbers on the board

“Unfortunately, against the backdrop of increased body dissatisfaction in younger students, we continue to be aware of potentially harmful activities and conversations taking place in the classroom, which recently included an emphasis on children’s weight,” she said.

“Activities of this kind have the potential to increase a child’s risk of body dissatisfaction, preoccupation with body weight and shape, anxiety, restrictive diets, cycles of restriction and binge eating, and overall poor self-esteem, often lasting long into adulthood.

“There are many things that can be measured and weighed in a classroom, but a child’s body should not be one of them.”

Early evaluation of Butterfly Body Bright has shown significant improvement in student’s body image, body appreciation and confidence to deal with appearance-teasing, with 54% of students reporting an immediate improvement in their body image.

Both Emma and Imogen said a program like this would have tremendously helpful on their own self love journey.

Imogen said: “I would do anything to go back and have had access to that sort of program.

“I think there’s so much value in teaching kids that their value exists beyond their body and how they appear and show up in this world.

“I think if I could have been taught what it meant to have body appreciation and celebration for what we’re able to do in the bodies that we have, rather than what they look like, I think that could have meant the difference between me having a childhood and adolescence where I live my life battling an eating disorder, and having an adolescence where I could have just celebrate.”

Emma said that educating teachers on this issue could have made her feel a very different way – for instance if he commented on how happy she looked rather than her weight – she wouldn’t have had the thoughts inside her head given credit by someone else.

For others who may have been in her position, Emma, who hosts the Compatible You podcast, said: “Take that step back and do not have any expectations about you speaking up. I think it’s not putting the pressure on that you have to kind of tell everyone.

“I know it’s super hard but just giving yourself the grace to know that you’re worthy of recovery in your work, that you’re not living in that dark hole that an eating disorder kind of draws you into.”

She said she shared her story because many didn’t see what was going on with her, as she was successful and looking fine from the outside.

“I want to make others feel like they weren’t suffering alone,” she said.

“Because eating disorders have a really great way of making you feel like you’re the only person that has this (and) people are going to judge you – just keep it quiet.”

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Australia’s Arkon Energy Bags Millions to Expand Its Green BTC Mining Operations

Despite the ongoing flump in the crypto market, players operating in the mining industries have not lost hope for the sector’s speedy recovery. Australia’s Arkon Energy has managed to raise $28 million (roughly Rs. 228 crore) in order to expand its eco-friendly BTC mining operations into the country. Arkon is a renewable data centre infrastructure company based out of the Australian Capital Territory. The funding round was Blue Sky Capital, which is a quantitative investment manager and digital assets market maker.

The benefitting firm relies on 100 percent renewable electricity to mine Bitcoin. The company reportedly extracts renewable power trapped in electricity markets to sustainably lower its costs.

“The current market climate, with low prices for Bitcoin and mining equipment, offers a compelling opportunity to take advantage of our unique profitability and access to growth capital,” Josh Payne, the CEO of Arkon was quoted by CoinTelegraph as saying.

Arkon recently purchased Hydrokraft AS, a renewable energy-based data center in Norway. With securing this investment, the Australian startup intends to create the infrastructure to use Hydrokraft’s capabilities in full capacity.

Crypto miners have been hit by shrunken profit margins after the prices of Bitcoin and other cryptocurrencies slashed substantially.

Meanwhile, the power costs in several parts of the world rose in recent times, which too heavily impacted the crypto mining business. As per a Bloomberg report, Bitcoin miners lost over $1 billion (roughly Rs. 8,200 crore) during the recent crypto crash.

Several players in the market are now looking to take advantage of the bear market sentiment.

In September, crypto billionaire Jihan Wu reportedly set up a $250 million (nearly Rs. 2,043 crore) fund to buy crypto mining machines from distressed sellers. Wu is the founder of blockchain firm Bitmain.

Aspen Creek Digital Corp. (ACDC), a new solar-powered Bitcoin miner, raised $8 million (roughly Rs. 65 crore) in Series A funding and Vespene Energy, a company that converts methane gas released from landfills into power for bitcoin mining, closed a $4.3 million (roughly Rs. 35 crore) funding round in recent times.


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Aussie specker finds massive gemstone on evening walk

A Queensland amateur prospector has claimed his biggest find yet after excavating a precious gemstone during his evening walk.

Matt Betteridge found “an absolutely massive” 834-carat Australian sapphire near his home on fossicking land near Rubyvale in Queensland’ Gemfields while on a “bit of evening specking (looking for sapphires with a torch)”.

Mr Betteridge told the Today show on Monday morning that his family “were stoked” with his find.

“When I got back to camp we put it on the scales and my wife and I yelled 800 carat! We couldn‘t even comprehend the size of it,” he said.

Mr Betteridge shared the moment in a TikTok video, scraping back dirt and trying to pull the gemstone out only to realise it was too big and required more excavation.

“Holy dooley … No way!” he exclaimed in the video.

“Holy dooley … what the hell.”

Matt Betteridge said he found the 834-carat Australian sapphire near his home on fossicking land.
TikTok
Matt Betteridge scraped it from dirt and tried to pull the gemstone — only to realize it was too big.
TikTok

He said the result of the excavation was “an absolutely massive” 834-carat Australian sapphire.

“Look at the size of the crystal there,” he said in the clip in an ecstatic voice.

Mr Betteridge claimed the sapphire was “very roughly” worth about $12,500, telling followers on TikTok he was ”beyond stoked”.

“So chuffed I can’t even explain,” he wrote.

“The rain unearthed it that little bit … I thought it was going to be an average-sized stone until I couldn’t pull it out,” he said.

When asked if the sapphire would be put on jewellery, he said “this one will stay as a specimen”.

“It does have some facet-grade material inside here and you would have to destroy the specimen to find out how much it’s worth and that’s not for me,” he said.

“I think I will keep it as it is,” he said.

With so much rain recently, gem hunters like Mr Betteridge are out in force, believing they have a better chance of spotting the lucrative gemstones after heavy rain has washed away topsoil.

“All the speckers are out covering ground, even in between the showers,” Mr Betteridge said.

“We are all for getting people out here to have a go. Just grab your permit in town here and have a go.”

The region is believed to be one of the largest sapphire-bearing areas in the world.

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