Latest news with #Scylla


Hindustan Times
26-05-2025
- Business
- Hindustan Times
Spectacle or stability: America's trade at a crossroads
In the wake of President Trump's threat to slap a 50% tariff on all European Union imports (he has delayed it till July 9) alongside his promise of punitive levies on tech giants, America stands at a crossroads between political posturing and economic prudence. What may play well on the campaign trail risks opening the Pandora's box in boardrooms from Detroit to Dublin. As the Federal Reserve adopts a wait-and-see stance amid sticky price pressures, the real test will be whether policymakers choose spectacle over stability, or whether common sense prevails in preserving the world's most dynamic economy. It is an old adage that 'empty barrels make the most noise,' and in Trump's tariff theatre, the loudest clamour often comes at the expense of nuanced economic argument. Instead of negotiating mutual reductions, the administration resorts to unilateral threats that risk a spiral of retaliation. As European leaders contemplate their next move, the warning is clear: If you live by tariffs, you may also die by them, hurting consumers and producers on both sides of the Atlantic. Behind the headlines lurks a more sober concern — the risk of stagflation. With consumer-price inflation still running above the Fed's two per cent target and wage growth edging higher, central bankers find themselves between Scylla and Charybdis. As JPMorgan's Jamie Dimon has warned, the confluence of fiscal deficits, geopolitical fragmentation, and services-driven price stickiness could slow growth even as prices stubbornly rise. The Federal Reserve's wait-and-see posture is not a retreat into dovishness but rather an exercise in disciplined restraint recognising that an ill-timed rate cut amid tariff-induced uncertainty could fan the flames of inflation. Yet patience wears thin when households confront rising housing and health care costs, and businesses postpone investment decisions in an environment of shifting trade winds. In short, America may find itself stuck in a growth-sapping quagmire if policy missteps escalate. Parallel to Europe, US policy towards China underscores another illusion: the myth of decoupling. Political rhetoric promises a clean break, yet real-world supply chains remain intertwined from semiconductors to rare-earth minerals. As one commentator quipped, 'you can't change horses midstream,' and the world's factories and financial markets have too many co-dependencies to sever without self-inflicted wounds. Moreover, capital markets continue to operate under commercial logic unless explicitly curtailed by sanctions. JPMorgan's underwriting of bonds for CATL, China's battery champion, reinforces that markets will fill any void left by politics. This pragmatism runs through corporate boardrooms and portfolio strategies worldwide: Firms seek opportunity, not political blame games. If Trump's tariff theatre embodies the art of the deal on steroids, then the path forward must be guided by the art of the possible. First, Washington and Brussels should revive a 'zero-for-zero' roadmap — under which the US lifts existing 25% duties on autos, steel, and aluminium in exchange for reciprocal EU cuts on a broader basket of industrial goods. This will re-establish trust and avert escalation. Second, policymakers must recognise that trade deficits are neither inherently villainous nor indicative of exploitation. Economies trade because they gain from specialisation — the very principle that powered US growth in the 20th century and underpins today's global value chains. A 'common sense and economic sense' approach, as one market observer put it, would accept that deficits in goods can be offset by surpluses in high-value services such as software, finance, and entertainment. Finally, the Federal Reserve should maintain its disciplined stance, ready to act if inflation expectations become unanchored but cautious about cutting rates before the fog of tariffs lifts. A clear, jointly communicated roadmap on trade policy would reduce uncertainty and allow the Fed to calibrate policy without the overhang of political theatrics. In politics, as in economics, words without action are like 'bells without tongues' — loud but hollow. The real test for US leadership will be to balance the electoral allure of tough talk with the needs of an open, efficient economy. The world is watching: Will Washington choose spectacle, or will it choose stability? Shruti Punia is fellow, Helsinki Geoeconomics. The views expressed are personal


Business Wire
21-05-2025
- Business
- Business Wire
Trackforce and Scylla Partner to Connect AI Detection, Guard Dispatch & Incident Resolution
SAN DIEGO--(BUSINESS WIRE)-- Trackforce, a global leader in security workforce management software, today announced an industry-first partnership with Scylla, an AI video surveillance company, that connects AI-powered threat detection directly into security workforce workflows to give security providers a faster, smarter, and fully integrated way to identify, dispatch, resolve, and bill incidents. The security industry historically struggles with siloed systems, creating gaps between threat identification and immediate physical response. As security providers modernize their operations, this integration tackles two critical challenges: reducing the high rate of false-positive alerts that drain resources and improving situational awareness for guards responding to incidents. By filtering out non-critical events before dispatch and equipping responders with AI-verified incident details, the partnership helps security teams allocate personnel more effectively, respond faster to real threats, and enhance the safety and preparedness of guards in the field. 'This is a direct response to what our customers have been asking for,' said Byron McDuffee, CEO of Trackforce. 'With labor shortages and high false-positive rates straining security teams, this partnership gives our clients a smarter way to deploy their skilled guards more efficiently. By embedding Scylla's AI into our workflows, we're helping customers boost situational awareness, speed up response times, and streamline administrative processes like billing, reporting, and accountability.' The combined solution bridges Scylla's smart event detection capabilities with the newly launched TrackTik Command Center. Whether identifying an active shooter on a camera feed or detecting an intrusion at a critical infrastructure site via drones, verified incidents are instantly pushed into the TrackTik platform, triggering automated response protocols. This eliminates manual handoffs, reduces response times, and ensures complete visibility from detection through resolution. 'The security industry has been reactive for too long. Seeing threats but lacking the ability to respond quickly and effectively is more than an issue,' said Albert Stepanyan, founder and CEO of Scylla. 'Together with Trackforce, we're changing that dynamic by providing complete situational awareness and faster response coordination, helping security teams move from passive monitoring to proactive intervention.' By fusing detection and response, this first-of-its-kind integration provides security service providers with a full closed-loop system, reducing risks, streamlining operations, and enabling new high-margin services like remote guarding and drone response. It is especially powerful for industries like data centers, energy, critical infrastructure, commercial real estate, high-net-worth residential, and automotive dealerships, where proactive threat detection and rapid incident resolution are critical to protecting investments and maintaining business continuity. To learn more about Trackforce's operations and mission, visit About Trackforce Trackforce is dedicated to developing advanced solutions that enhance the efficiency and effectiveness of security operations worldwide. Its commitment to delivering innovative web and mobile technology solutions is unwavering, as it constantly seeks to empower security professionals and streamline their operational challenges. For additional information, please visit About Scylla At Scylla, our mission is to create the best possible AI tech for video surveillance. As a technology-first company, we are committed to leveraging our expertise to deliver unparalleled precision and reliability in our solutions. We not only prioritize safety but also develop highly precise and sensitive AI solutions for video surveillance and security at large. We believe that through innovation and technology, we can provide our clients with the tools they need to protect what matters most and improve operations of their organizations. Learn more about Scylla at
Yahoo
21-05-2025
- Business
- Yahoo
Trackforce and Scylla Partner to Connect AI Detection, Guard Dispatch & Incident Resolution
The integration connects AI-powered video threat detection with guard dispatch and incident response workflows, helping security providers act faster and operate more efficiently. SAN DIEGO, May 21, 2025--(BUSINESS WIRE)--Trackforce, a global leader in security workforce management software, today announced an industry-first partnership with Scylla, an AI video surveillance company, that connects AI-powered threat detection directly into security workforce workflows to give security providers a faster, smarter, and fully integrated way to identify, dispatch, resolve, and bill incidents. The security industry historically struggles with siloed systems, creating gaps between threat identification and immediate physical response. As security providers modernize their operations, this integration tackles two critical challenges: reducing the high rate of false-positive alerts that drain resources and improving situational awareness for guards responding to incidents. By filtering out non-critical events before dispatch and equipping responders with AI-verified incident details, the partnership helps security teams allocate personnel more effectively, respond faster to real threats, and enhance the safety and preparedness of guards in the field. "This is a direct response to what our customers have been asking for," said Byron McDuffee, CEO of Trackforce. "With labor shortages and high false-positive rates straining security teams, this partnership gives our clients a smarter way to deploy their skilled guards more efficiently. By embedding Scylla's AI into our workflows, we're helping customers boost situational awareness, speed up response times, and streamline administrative processes like billing, reporting, and accountability." The combined solution bridges Scylla's smart event detection capabilities with the newly launched TrackTik Command Center. Whether identifying an active shooter on a camera feed or detecting an intrusion at a critical infrastructure site via drones, verified incidents are instantly pushed into the TrackTik platform, triggering automated response protocols. This eliminates manual handoffs, reduces response times, and ensures complete visibility from detection through resolution. "The security industry has been reactive for too long. Seeing threats but lacking the ability to respond quickly and effectively is more than an issue," said Albert Stepanyan, founder and CEO of Scylla. "Together with Trackforce, we're changing that dynamic by providing complete situational awareness and faster response coordination, helping security teams move from passive monitoring to proactive intervention." By fusing detection and response, this first-of-its-kind integration provides security service providers with a full closed-loop system, reducing risks, streamlining operations, and enabling new high-margin services like remote guarding and drone response. It is especially powerful for industries like data centers, energy, critical infrastructure, commercial real estate, high-net-worth residential, and automotive dealerships, where proactive threat detection and rapid incident resolution are critical to protecting investments and maintaining business continuity. To learn more about Trackforce's operations and mission, visit About Trackforce Trackforce is dedicated to developing advanced solutions that enhance the efficiency and effectiveness of security operations worldwide. Its commitment to delivering innovative web and mobile technology solutions is unwavering, as it constantly seeks to empower security professionals and streamline their operational challenges. For additional information, please visit About Scylla At Scylla, our mission is to create the best possible AI tech for video surveillance. As a technology-first company, we are committed to leveraging our expertise to deliver unparalleled precision and reliability in our solutions. We not only prioritize safety but also develop highly precise and sensitive AI solutions for video surveillance and security at large. We believe that through innovation and technology, we can provide our clients with the tools they need to protect what matters most and improve operations of their organizations. Learn more about Scylla at View source version on Contacts Media Contacts Kat LonganthonyBarnum Public Shawna Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Trackforce and Scylla Partner to Connect AI Detection, Guard Dispatch & Incident Resolution
The integration connects AI-powered video threat detection with guard dispatch and incident response workflows, helping security providers act faster and operate more efficiently. SAN DIEGO, May 21, 2025--(BUSINESS WIRE)--Trackforce, a global leader in security workforce management software, today announced an industry-first partnership with Scylla, an AI video surveillance company, that connects AI-powered threat detection directly into security workforce workflows to give security providers a faster, smarter, and fully integrated way to identify, dispatch, resolve, and bill incidents. The security industry historically struggles with siloed systems, creating gaps between threat identification and immediate physical response. As security providers modernize their operations, this integration tackles two critical challenges: reducing the high rate of false-positive alerts that drain resources and improving situational awareness for guards responding to incidents. By filtering out non-critical events before dispatch and equipping responders with AI-verified incident details, the partnership helps security teams allocate personnel more effectively, respond faster to real threats, and enhance the safety and preparedness of guards in the field. "This is a direct response to what our customers have been asking for," said Byron McDuffee, CEO of Trackforce. "With labor shortages and high false-positive rates straining security teams, this partnership gives our clients a smarter way to deploy their skilled guards more efficiently. By embedding Scylla's AI into our workflows, we're helping customers boost situational awareness, speed up response times, and streamline administrative processes like billing, reporting, and accountability." The combined solution bridges Scylla's smart event detection capabilities with the newly launched TrackTik Command Center. Whether identifying an active shooter on a camera feed or detecting an intrusion at a critical infrastructure site via drones, verified incidents are instantly pushed into the TrackTik platform, triggering automated response protocols. This eliminates manual handoffs, reduces response times, and ensures complete visibility from detection through resolution. "The security industry has been reactive for too long. Seeing threats but lacking the ability to respond quickly and effectively is more than an issue," said Albert Stepanyan, founder and CEO of Scylla. "Together with Trackforce, we're changing that dynamic by providing complete situational awareness and faster response coordination, helping security teams move from passive monitoring to proactive intervention." By fusing detection and response, this first-of-its-kind integration provides security service providers with a full closed-loop system, reducing risks, streamlining operations, and enabling new high-margin services like remote guarding and drone response. It is especially powerful for industries like data centers, energy, critical infrastructure, commercial real estate, high-net-worth residential, and automotive dealerships, where proactive threat detection and rapid incident resolution are critical to protecting investments and maintaining business continuity. To learn more about Trackforce's operations and mission, visit About Trackforce Trackforce is dedicated to developing advanced solutions that enhance the efficiency and effectiveness of security operations worldwide. Its commitment to delivering innovative web and mobile technology solutions is unwavering, as it constantly seeks to empower security professionals and streamline their operational challenges. For additional information, please visit About Scylla At Scylla, our mission is to create the best possible AI tech for video surveillance. As a technology-first company, we are committed to leveraging our expertise to deliver unparalleled precision and reliability in our solutions. We not only prioritize safety but also develop highly precise and sensitive AI solutions for video surveillance and security at large. We believe that through innovation and technology, we can provide our clients with the tools they need to protect what matters most and improve operations of their organizations. Learn more about Scylla at View source version on Contacts Media Contacts Kat LonganthonyBarnum Public Shawna
Yahoo
16-05-2025
- Politics
- Yahoo
Contributor: The tension between overestimating risks and ignoring them
Not long ago, I met a woman from Belarus. She told me about the terrible aftermath of the Chernobyl nuclear accident in April 1986. As a child, she'd had to evacuate her home, which was contaminated by radioactivity, and permanently relocate. She said that many people she knew, many children, had gotten cancer and died after the disaster. I suddenly went cold. I had just published a book in which I cited assessments concluding that the death toll from the accident was surprisingly low. According to the World Health Organization, in the two decades after the accident, fewer than 50 people had died because of radiation exposure, almost all of them rescue workers. (I did note that some estimates were higher.) The discrepancy between these different claims posed a familiar dilemma. As a journalist covering nuclear power and the debate over its role in the fight against climate change — and as a Californian closely following the San Onofre and Diablo Canyon nuclear plant controversies — I have been constantly in the position of trying to assess risk. I've been navigating between the Scylla of overestimating risk and the Charybdis of underestimating it. If we underestimate the hazards of nuclear power, we risk contaminating the environment and jeopardizing public health. If we exaggerate them, we could miss out on an important tool for weaning ourselves off fossil fuels. If I were sanguine about the dangers of nuclear, the anti-nuclear side would consider me a chump, perhaps even an industry shill. If I emphasized the dangers, the pro-nuclear side would consider me alarmist, accuse me of fearmongering. More consequential than what activists might say, of course, was the possibility of misleading readers about these high-stakes issues. My dilemma also intersected with another question. When should we believe the authorities, and when should we distrust them? In the case of nuclear power, this question has a fascinating history. The anti-nuclear movement of the '70s grew out of a deep suspicion of authority and institutions. Nuclear power was promoted by a 'nuclear priesthood' of scientists and government bureaucrats, who came across as opaque and condescending. Protesters carried signs with messages such as 'Hell no, we won't glow' and 'Better active today than radioactive tomorrow.' To be anti-nuclear went along with the 'question authority' left-wing ethos of the era. Today, much has changed. In recent years, scientists have been telling us that we need to decarbonize our energy system, and in left-leaning circles, scientists and experts have become the good guys again (in no small part because many MAGA voices have become loudly anti-science). Institutions such as the International Energy Agency and the Intergovernmental Panel on Climate Change have said that nuclear power can play a key role in that decarbonized system. The official estimates of deaths from nuclear accidents are quite low, and meanwhile the suffering aggravated by climate change is ever more apparent. For these reasons, many environmentalists and progressives, including me, have grown more supportive of nuclear power. Yet I am always uncomfortably aware of the extent to which I am taking the experts' word for their conclusions. If we never question authorities, we are credulous sheep; if we never trust them, we become unhinged conspiracy theorists. Although these quandaries are particularly salient for a journalist covering nuclear power, they are essentially universal in our modern world. When deciding whether to wear a mask or vaccinate our children, or what to make of the threat of climate change, or how worried to be about 'forever chemicals' in our cookware, we are all perpetually trying to gauge risks. Unable to be experts in every field, we must decide whom to trust. Recently, matters have become even more complex. As President Trump eviscerates federal agencies and cuts funding from the National Institutes of Health and universities, it raises new concerns about how well-equipped these institutions will be to provide reliable information — both because of their diminished capacity and because we increasingly must wonder to what extent their work is influenced by a fear of further funding cuts. I've learned a few lessons to help navigate the dilemmas we all face. Don't consider risks in isolation; put them in context. Take both expert assessments and anecdotal evidence with a grain of salt. Resist allying yourself with any particular tribe or team. Be honest, with yourself and others, about your own biases and predispositions. Even in today's chaotic and degraded information ecosystem, we can find people who share our values who know much more about a given subject than we do. Listen to those who share your concerns and who consistently address them using solid data and reasoning. Following these guidelines led me to the conclusion that nuclear power certainly poses risks and challenges but that, if managed properly, it is one viable low-carbon energy source that can complement others. Yet we must also recognize that our knowledge will never be perfect. Our understanding of the world is ever evolving, as is the world itself. I came to accept that occupying the position between chump and alarmist is simply part of the modern condition. And I'll keep trying not to veer too far in either direction. Rebecca Tuhus-Dubrow, a journalist based in Orange County, is the author of 'Atomic Dreams: The New Nuclear Evangelists and the Fight for the Future of Energy.' If it's in the news right now, the L.A. Times' Opinion section covers it. Sign up for our weekly opinion newsletter. This story originally appeared in Los Angeles Times.