Tag: output
Implats sees full-year output at lower end of guidance after power cuts
Newcrest’s Q3 gold, copper output drops but expects to meet full-year guidance
Boeing’s shares rise as CEO said to stick with output goals for 737
After 18 Years, Europe’s Largest Nuclear Reactor Starts Regular Output
OL3 first supplied test production to Finland’s national power grid in March last year and was expected at the time to begin regular output four months later, but instead suffered a string of breakdowns and outages that took months to fix.
The reactor will be Europe’s largest, the article points out:
OL3’s operator Teollisuuden Voima (TVO), which is owned by Finnish utility Fortum and a consortium of energy and industrial companies, has said the unit is expected to meet around 14% of Finland’s electricity demand, reducing the need for imports from Sweden and Norway. The new reactor is expected to produce for at least 60 years, TVO said in a statement on Sunday after completing the transition from testing to regular output. “The production of Olkiluoto 3 stabilises the price of electricity and plays an important role in the Finnish green transition,” TVO Chief Executive Jarmo Tanhua said in the statement.
“News of OL3’s start-up comes as Germany on Saturday switches off its last three remaining reactors, while Sweden, France, Britain and others plan new developments.”
Read more of this story at Slashdot.
Samsung Electronics to cut memory chip output by ‘meaningful’ level
Greedy retailers urged not to raise fuel price again amid oil giants cutting output
GREEDY retailers have been urged to resist raising the price of fuel again despite pressure from oil producers cutting output.
Drivers were warned of a jump of up to 5p a litre after Saudi Arabia, Iraq and others decided to slash supplies to drive up wholesale costs.
Campaigners have argued that supermarkets are already raking it in[/caption]
Supermarkets and filling stations were told not to use Opec’s move to cut one million barrels a day as a smokescreen to raise pump prices.
Campaigners said they were already raking it in by not passing on fuel price falls.
Petrol is 20p cheaper than in November, saving £11 for a basic 55-litre family car. Diesel has fallen 27.5p, saving £15 a tank.
Yet diesel, despite being 3.5p cheaper wholesale, is still 16p costlier than petrol at the pump.
The RAC’s Simon Williams said: “Despite the oil price increasing by $5 in a day to $85 on the back of news of a production cut, there’s no justification for major retailers to raise pump prices.
“We should be seeing diesel advertised at around 150p rather than the current 162.5p mark.”
The AA’s Luke Bosdet said: “If the fuel retailers think the oil price hike provides a smokescreen to hide what they’re doing with diesel pump prices, they’re seriously mistaken.
“The road fuel trade needs to stop fleecing drivers and small businesses that buy diesel at pump prices.”
Howard Cox, of campaigners FairFuelUK, said the world was being held to ransom by Opec.
He said: “With unchecked pump pricing still reigning supreme and Opec’s decision, drivers can expect prices to rise again.
“The Government must introduce PumpWatch to track prices.”
Nightdive Studios’ output and future projects will not be effected by Atari acquisition
In the first interview following last night’s breaking news that Atari would be acquiring Nightdive Studios, Nightdive’s director of Business Development sat down and spoke to us about how this will affect the future of the retro-remaster studio. In short, it shouldn’t impact the output of the studio at all.
“Part of the raison d’etre behind the deal was that Atari’s vision for Nightdive is: ‘we want you guys to keep on doing what you have been doing, only do more of it.’
“So it should not be unexpected or surprising to anyone, but a lot of the deals that happen in the gaming industry are based on personal relationships, right? We have known Wade Rosen, the relatively new CEO of Atari, for a number of years. Wade is the only external investor in Nightdive Studios.”
MU hits out a proposed cutbacks as BBC announces plans to revamp its classical music output
Neal Stephenson Believes AI-Generated Creative Output Is ‘Simply Not Interesting’
“I think it depends on how it’s used,” Stephenson told CoinDesk TV’s “First Mover” on Friday. “What we’ve tended to see is that it’s used in creative applications where I don’t think it’s at all interesting.”
Stephenson said that with a painting or book, “what you’re doing is having a kind of communion with the artist who made thousands of little micro decisions in the course of creating that work of art or writing that book.” A decision that is generated by an algorithm, “that’s simply not interesting,” he said….
“Personally, I know a lot of writers who are putting a lot of effort into creating their own original works, and I’d rather support them and hear what they have to say than just look at the output of an algorithm,” he said.
When asked if an AI could’ve written Snow Crash, Stephenson responded “Well, maybe one did.”
But if that were the case, he added, a person would be reading only the output of an algorithm, “and if that’s interesting to you, then fine.”
Read more of this story at Slashdot.