Tag: 南京夜网

A380 glitch causes 23hour delay for Qantas passengers

first_imgA Qantas plane carrying 450 passengers finally departed Melbourne this morning after a 23-hour delay.The airline’s brand new A380 was scheduled to operate a Melbourne-to-Los Angeles service at noon yesterday when a technical glitch occurred with its fuel indication light.While engineers tried to fix the problem, passengers were forced to remain onboard for four hours.Qantas told passengers that it would take too much time if they disembarked as they would have to be re-screened a second time due to the heightened security procedures for flights going to the US.However, by the time the A380 was fixed, crew had exceeded their allowable working hours, forcing the flight to be rescheduled until this morning. “We have apologised to our customers and we have provided them with accommodation overnight for those that require it” Qantas spokeswoman Olivia Wirth told ABC.”A day’s delay unfortunately has been the result of a number of defects with the aircraft” Source = e-Travel Blackboard: J.L <a href=”http://www.etbtravelnews.global/click/264a9/” target=”_blank”><img src=”http://adsvr.travelads.biz/www/delivery/avw.php?zoneid=10&amp;cb=INSERT_RANDOM_NUMBER_HERE&amp;n=a5c63036″ border=”0″ alt=””></a>last_img read more

FHFA Gains Support for Single Security Proposal

first_imgFHFA Gains Support for Single Security Proposal Following the Federal Housing Finance Agency’s (FHFA’s) recent request for input on its proposal for a single security for Fannie Mae and Freddie Mac, the Urban Institute expressed support for the idea but concern that FHFA may be unnecessarily slow in implementing such a plan.”FHFA’s single security proposal is well-thought out and worthy of serious consideration and support by all key stakeholders,” stated the Urban Institute on its Metro Trends Blog.However, the institute is “concerned that FHFA may be contemplating a slower pace in the project than it warrants.”The securities “would combine the best features of each of the current securities,” such that “the security would have the superior pooling features of the current Fannie Mae securities and the superior disclosure features of the Freddie Mac securities,” according to the Urban Institute.Under FHFA’s proposal, Freddie Mac securities could be placed into Fannie Mae securitizations, and vice versa.The Urban Institute supports the idea of single security for three main reasons, the first of which is that it has the potential to save the Treasury between $400 million and $600 million per year. These savings would take place as Freddie Mac would no longer have to subsidize its guarantee fees to originators to remain competitive and maintain its market share.Second, the Urban Institute suggests a single security would lead to more competition in the mortgage market. A single security would remove some of Fannie Mae’s advantage, leading it to rescind some of its market dominance. Ultimately, the institute suggests this could lead to greater access to credit in the mortgage market.Lastly, a single security “could help pave the way for GSE reform,” according to the Urban Institute. Fannie Mae FHFA Freddie Mac Mortgage-Backed Securities 2014-09-07 Krista Franks Brock September 7, 2014 458 Views center_img Share in Daily Dose, Government, Headlines, News, Secondary Marketlast_img read more

Mobile operators are not using all the spectrum cu

first_imgMobile operators are not using all the spectrum currently available to them, either because it has yet to be licensed by regulators they have simply neglected to use it, according to a study by LS Telcom. According to the study by LS Telcom, in most regions of the world at least 30% of spectrum identified for mobile services is not yet licensed for use, while, out of the spectrum that is licensed for use, almost a quarter is not yet in service.The study found that most countries have at least 150MHz of additional mobile spectrum that which is regionally harmonised and therefore ought to be available right away, which is yet to be licensed. It claimed that almost every country could make available at least another 200MHz of spectrum that is more widely recognised as being usable for mobile without further allocations at the World Radiocommunications Conference (WRC-15) next year.The study said that the 700MHz band spectrum – currently being defended in Europe by broadcasters for DTT – has yet to be licensed for mobile in most countries, as has the 2600MHz band, which contains nearly 200 MHz of IMT spectrum. Of the spectrum which is licensed, up to 30% has not yet been put into service by network operators, the study said.“The wireless industry’s thirst for precious spectrum resources, when additional frequencies are at its disposal, is a serious problem,” said  the Global VSAT Forum (GVF) and the European Satellite Operators Association (ESOA) in a joint statement.“What’s more serious is that the wireless industry is trying to take additional spectrum – satellite spectrum that is being used to support hundreds of millions of ICT stakeholders – when the wireless industry hasn’t used what they already received.”The satellite industry is concerned about the threat currently presented to C-band spectrum, due to be discussed at WRC-15. According to the GVF and ESOA, groups that would be adversely affected by the wireless industry’s attempts to take more spectrum include user groups that depend upon C-band satellite services to support mission-critical applications, such as disaster response, civil aviation, and humanitarian education, health and other social services.“The study demonstrates that there is not currently a shortage of IMT spectrum; there is a need however for regulators to move forward with licensing of spectrum currently allocated for IMT. Until that is done, and there is a fact-based demonstration of the need for more IMT spectrum, there is no clear necessity for action on more IMT spectrum the next WRC,” said Richard Womersley, Director of Spectrum Consulting at LS Telcom.last_img read more

Liberty Globalowned cable operator UPC Austria ha

first_imgLiberty Global-owned cable operator UPC Austria has added five HD channels from RTL Group to its offering. The operator has made HD versions of RTL, RTL II, Super RTL, RTL Nitro and Vox avaialble as parrt of its HD Extra Plus package.The package, which already includes the HD channels of ProSiebenSat.1’s Austrian subsidiary ProSiebenSat.1 Puls 4, will now comprise nine HD services. The package is available to subscdribers with a MediaBox HD or MediaBox HD DVR for €4.99 a month. A bundle of HD Extra and HD Extra Plus is available for €4.99 until the start of May.The RTL channels are not available in the Tyrol and Vorarlberg regions for technical reasons.last_img


first_imgShareTweet More than half of those incidents related to operations on the River Foyle, one of the coldest and fastest flowing rivers in Europe.Foyle Search and Rescue was involved in the majority of the operations on the River Foyle.“During 2016/17 our Emergency Response Team made many rescues from the river as well as persons removed from the river’s edge,” said Foyle Search and Rescue’s Pat Carlin.“Sadly, there were seven lives lost to the river, and (bodies) recovered by our teams during this period.”Foyle Search and Rescue operates a suicide prevention and rescue service.“There are various social issues that contribute to the number of incidents we deal with, but our main focus is the preservation of life and to support the emergency services,” said Mr Carlin.Foyle Search & Rescue shares £84k funding boost with eight other voluntary groups was last modified: May 25th, 2018 by John2John2 Tags: He said: “While funding supports the purchase of much needed lifesaving equipment, the volunteers take with them our admiration and thanks.”Sharing the money with Foyle Search and Rescue are Community Rescue Service, North West Mountain Rescue, Mourne Mountain Rescue, Irish Cave Rescue Organisation, Lagan Search and Rescue, Lough Neagh Rescue, Search and Rescue Dog Association Ireland North, and Skywatch Civil Air Patrol.Between April 2016 and March 2017, voluntary search-and-rescue groups were dispatched 544 times across the North of Ireland.The groups were called upon for emergencies in Derry 218 times. DEPARTMENT FOR COMMUNITIESDEPARTMENT OF JUSTICEFoyle Search & Rescue shares £84k funding boost with eight other voluntary groupsPAT CARLINriver foylesuicide prevention Foyle Search and Rescue getting ready for a morning search of the FoyleFOYLE Search and Rescue is among nine of voluntary search and rescue groups in the North of Ireland who have been awarded funding of more than £84,000 by the Department of Justice.The support package includes a contribution of £41,000 from the Department for Communities.Department of Justice permanent secretary Nick Perr said it provided “direct support to the hundreds of volunteers who tirelessly work to help keep our communities safe”.last_img read more

What most people dont know about the Snowden reve

first_imgWhat most people don’t know about the Snowden revelations is that they were mostly old hacker tricks. They were souped up with lots of money, of course, and enjoyed the help of insiders at tech companies, but they were nonetheless hacker tricks. If you noticed the dates on his slides, they were mainly from several years ago: 2007, 2008, and so on. It’s no secret that the NSA has been trying to hire hackers for a long time. (You can read its pitch to hackers, and a story from a hacker convention.) So the Snowden revelations, welcome as they were, concerned mostly old techniques. And the NSA, the British Government Communications Headquarters (GCHQ), and the rest (including their allies in the tech business) have not been sitting still in the meantime. I know this because I manage one of the leading companies in the data privacy business. We deal with these issues on a daily basis. Before Snowden, I spent a lot of time traveling around the world, making speeches, telling people what the NSA, FBI, CIA, Google, Facebook, and the rest of the gang were doing. Most of the people I spoke to believed I was sincere, but a lot of them thought I was going a bit overboard, trying to sell my product. After Snowden, that changed of course, but now we face a new issue: it’s still a lot worse than people understand. The Secret Facebook Experiment In January of 2012—approaching three years ago—Facebook ran a secret experiment on 689,000 of its users. The purpose of that experiment was to see if the company could change those peoples’ moods by altering their news feeds. And it worked. The results of the experiment concluded that “emotional states can be transferred to others via emotional contagion, leading people to experience the same emotions without their awareness.” By the way, the US Army was one of the groups which funded the experiment. Interesting bedfellows, no? That government agents are influencing people online has been known for some time (see here and here), though most people have never been informed of those facts. Most, in fact, have never even heard about the publicly stated wishes of Cass Sunstein. These things are not really secrets… they’re just never included in the big news feeds. The Facebook experiment—while only one of what are certainly many such events—is important because it shows the direction in which things are moving… leading straight to individualized manipulation. Mass surveillance is only the first step in a larger process. Once you have all of that information, what are you going to do with it? Leaving it sit really isn’t an attractive option for either the tech companies or the military-intelligence complex. The most obvious use of that information is to manipulate people. Please don’t allow yourself to think that spies and advertisers would hold back from manipulating people; we all know better than that. Why They’re Manipulating Us There are compelling reasons why the data thieves must manipulate us: The tech companies: Internet users worldwide are addicted to the free service model. Say “free” and they’ll line up; ask for pay and they’ll walk away. So how are tech companies supposed to pay their employees, if their customers won’t pay? Well, they found a slick answer to that problem: monetize the users’ lives… turn their private information into money. When you use a free service, you’re giving the company no choice but to steal your data (and the more intimate, the more valuable), then to sell it. When you use a free service, you are the product. (If you don’t pay, you’re certainly not the customer!) The spies: The various spy agencies will always grab and use your information for one overriding reason: they’re afraid that if they don’t, someone else will. The NSA is hardly the only data-theft gang around. They may be the biggest and best funded, but the others follow behind, learn their tricks, and play the same games. So if the US Intel boys want to keep their edge, they have to use everything they can. How They Manipulate You’ve been seeing primitive manipulations for some time. For example, when you do an online search on “skis,” you’ll instantly get ads for discount travel to ski resorts that are near you or that you’ve previously expressed an interest in. That was kindergarten level. What comes next is proactive rather than reactive, and it’s much, much worse. The data thieves are now creating custom environments for each user. Right now, what you see on Facebook/Google/YouTube/etc. is not the same screen your neighbor sees. And the really scary thing about this is not that Google, Facebook, the government, and others are manipulating you, but that the entire process is automated—that computers are learning to manipulate you by interacting with you! The tech companies, of course, are cashing in on this by selling the right to manipulate you to the highest bidder. Their new “big data” systems are even supercharging the process. The more experience Facebook has with you, the more it learns what will or will not affect you—just like it learned about the 689,000 people it tested in 2012. So if Google, Facebook, and the rest are to continue providing free services, and if they want to make more money, they have to manipulate you better. And, of course, they will… they’re working on it every day. “You’re Exaggerating” I’m sorry if this seems too wild to be real, but please remember that most people couldn’t accept the truth of mass surveillance until they saw Snowden’s slides. What heroes like William Binney and Mark Klein were telling people in 2004 was true, but most people didn’t want to believe it. That only changed when they saw the NSA’s slides in 2013. The same thing is happening now. Mass manipulation is here and is growing. We need to do better now than we did between 2004 and 2013. Where This Is Going This is going precisely where it’s already headed: Facebook, Google, and the others will do what they’ve always done—find better ways to make money with your personal information. Running a free service doesn’t give them many options, does it? The spooks will do what spooks always do: get secrets and manipulate them to their advantage. Morality has almost no place at all in espionage. If they can manipulate, they will manipulate. So, as troubling as it may seem, there is little question that we’re moving into a situation where many people will be living large parts of their lives in a virtual world… a world built specifically for their personalities. The right to manipulate that world will be sold to the highest bidder or turned over to government agencies, just like Google and the rest deliver your personal information to them now. And as I say, this is happening already. It’s not yet mature, but it’s getting there quickly. Think of it this way: if I know what motivates you, I can change your environment based on that knowledge, and I can induce you to act in ways that I prefer. And computers make it easy. Facebook, almost three years ago, found that it could change people’s moods. You can be very sure that it’s been refining those techniques ever since. As for the Intel gangs, here are two tactics that GCHQ is already using in its Joint Threat Research Intelligence Group program: (1) to inject all sorts of false material onto the Internet in order to destroy the reputation of its targets; and (2) to use social sciences and other techniques to manipulate online discourse and activism to generate outcomes it considers desirable. These are GCHQ’s own words, by the way, taken directly from its training slides. Are We Doomed? We’re only doomed if we sit passively and do nothing… precisely what these groups expect us to do. And if we do sit idly by, the results will be the same as they usually are: Passivity + Time = Destruction If you want to retain your own mind and your own moods in the new world of 24/7 Internet manipulation, you can still do it, but only if you act. If you merely sit, you’ll be played; the only variables are how much and when. To protect yourself, you’ll have to make your information unavailable to the manipulators. To put it simply, you’ll have to throw sand in the abusers’ eyes. You must prevent them from knowing what websites you visit, who you communicate with, and what you say. There are two ways to do this: Get (and use) encryption and privacy programs. Pay professionals to do it for you. If you want to do it yourself, here’s a PDF that will show you how. If you want to pay professionals do it for you, make sure that they have their own “private key infrastructure” and “multiple hops.” What We’ve Seen We all saw Snowden’s slides. What we have not seen is any positive changes following them. The NSA crew is still doing the same thing every day. Google, Facebook, and the rest are doing the same things every day. At most, we’ve seen tech companies trying to maintain their public images and spymasters trying to convince Joe American that he should be very, very afraid, and should endorse them to spy even more. And if there have been no reforms, why should we expect the data thieves to get anything but worse? A Free-Man’s Take is written by adventure capitalist, author, and freedom advocate Paul Rosenberg. You can get much more from Paul in his unique monthly newsletter, Free-Man’s Perspective.last_img read more

In the article Pope Francis Bad Economist Jame

first_img In the article “Pope Francis, Bad Economist,” James Harrigan and Anthony Davies wrote (link in original): Over the past two generations, while the number of people on Earth doubled, the number of people living in extreme poverty declined by 80 percent, largely as a result of increased economic freedom globally. Today, almost all people in economically free countries can afford cures for diseases that killed the richest people only a century ago. The average person with a cell phone today has better and quicker access to more complete information than the President of the United States enjoyed just a generation ago. A plot of land that a century ago could feed one family today can feed hundreds of families. But the leaders of the Catholic and Monetary Churches don’t care about lifting people out of poverty—it’s envy they’re engaged in. And as Helmut Schoeck showed in his book Envy: A Theory of Social Behavior: [W]e are least capable of acting sensibly in economic and social matters when we face, or believe we face, an envious beneficiary of our decision. This is true especially when we mistakenly tell ourselves that his envy is a direct consequence of our being better off, and will necessarily wane when we pander even to unrealistic demands. The allocation of scarce resources, in any society, is rarely optimal when our decision rests on fear of other men’s envy. The Chairwoman continued to stoke the fires of envy with more statistics. “After adjusting for inflation, the average income of the top 5% of households grew by 38% from 1989 to 2013. By comparison, the average real income of the other 95% of households grew less than 10%.” There is no need for Yellen’s preaching. Envy has been institutionalized in this country with the progressive income tax and inheritance taxes. As Schoeck points out, “Envy can become more easily institutionalized than, say desire or joy.” And it has. Despite these headwinds, the serially successful and productive continue to earn and accumulate the vast share of wealth. That’s why resource investing legends Rick Rule and Doug Casey urge speculators to back entrepreneurs who have proven track records. Rule wrote on Casey Research: A substantial body of evidence exists that it is roughly true across a variety of disciplines. In a large enough sample, this remains true within that top 20%—meaning 20% of the top 20%, or 4% of the population, contributes in excess of 60% of the utility. The key as investors is to judge management teams by their past success. I believe this is usually much more relevant than their current exploration project. Despite some of the highest tax rates in the world and libraries full of regulations to contend with on the national, state, and local levels, the entrepreneurial spirit overcomes, while—as expected—nonproducers hold very little wealth. “The lower half of households by wealth held just 3% of wealth in 1989 and only 1% in 2013,” Yellen told her audience. But in America, the lower half doesn’t have to stay that way and rarely does. Pareto’s insight is that wealth will never be equal, whether under capitalism, fascism, communism, or whatever-ism. What freedom offers is the possibility to ascend from poverty to wealth with brains, hard work, and good decision making. Pareto’s principle should not only be accepted but celebrated, and envy ridiculed, not institutionalized. Schoeck explained: Envy’s culture-inhibiting irrationality in a society is not to be overcome by fine sentiments or altruism, but almost always by a higher level of rationality, by the recognition, for instance that more (or something different) for the few does not necessarily mean less for the others: this requires a certain capacity for calculation, a grasp of larger contexts, a longer memory; the ability, not just to compare one thing with another, but also to compare very dissimilar values in one man with those in another. Ironically, Ms. Yellen’s zero-interest policy puts more separation between the middle class and the rich than Pareto could ever imagine. But then again, a “higher level of rationality” is severely lacking at the central bank. “The extent and continuing increase in inequality in the United States greatly concern me,” Fed Chairwoman Janet Yellen said last week at a conference on economic opportunity and inequality sponsored by the Federal Reserve Bank of Boston. Vilfredo Pareto would tell Dr. Yellen to relax—inequality is and always has been a constant. Pareto is known for discovering the Pareto principle, or what most people know as the 80-20 rule. Pareto observed in 1906 that 80% of the land in Italy was owned by 20% of the population and developed the principle by observing pea pods in his garden; 20% of the pods contained 80% of the peas. The longer you live, the more you observe Pareto’s principle play out over and over in many different contexts. 80% of revenue is provided by 20% of customers. The ratio also applies to customer complaints. I dined with the owner of a Vietnamese restaurant the other night who said that 80% of his revenue came from his noodle soups, which at most comprise 20% of his menu. My experience in the nonprofit world was that 80% of donations came from 20% of those on the mailing list. Pareto observed that the 80/20 pattern “repeated consistently whenever he looked at data referring to different time periods or different countries,” writes Richard Koch in his book The 80/20 Principle. So while inequality has been the norm throughout history, the new Fed chair claims that, “By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then.” She went on to say, “The distribution of wealth is even more unequal than that of income. … The wealthiest 5% of American households held 54% of all wealth reported in the 1989 survey. Their share rose to 61% in 2010 and reached 63% in 2013. By contrast, the rest of those in the top half of the wealth distribution families that in 2013 had a net worth between $81,000 and $1.9 million held 43% of wealth in 1989 and only 36% in 2013.” So what? As Mr. Koch explains in his book (emphasis his), if 20% own 80%, “then you can reliably predict that 10 percent would have, say, 65 percent of the wealth, and 5 percent would have 50 percent. The key point is not the percentages, but the fact that the distribution of wealth across population was predictably unbalanced.” But Yellen has fallen in with Pope Francis, who told the United Nations assembly, “As long as the problems of the poor are not radically resolved by rejecting the absolute autonomy of markets and financial speculation and by attacking the structural causes of inequality, no solution will be found for the world’s problems.” While it doesn’t seem like it here in America, the world is becoming freer and because of that, poverty is falling.last_img read more

Nearly 5000 adult social care services – nearly o

first_imgNearly 5,000 adult social care services – nearly one in five – have not had an inspection by the care regulator in the last two years, figures released under the Freedom of Information Act (FoIA) have revealed.The CareQuality Commission (CQC) figures have raised fresh doubts as to whether theregulator is fit for purpose, while Labour’s shadow social care minister hassaid they are “highly concerning”.The figures werereleased to Disability News Service days after the latest revelationsconcerning a care home run by the National Autistic Society, where autisticpeople were taunted, abused and ill-treated by staff.MendipHouse, in Somerset, had itself not been inspected by CQC for more than twoyears when whistleblowers came forward and exposed the abusive regime in 2016 (see separate story).The new FoIAfigures show that 4,859 adult social care services have not been inspected byCQC in more than two years, out of 25,590 services in total (19 per cent).Many of the25,590 are new services that are still awaiting a first CQC rating, so theproportion of services that have been open for at least two years and have notbeen inspected for at least two years will be even higher than 19 per cent.But thefigures also reveal other concerns about the commission and its work.They show strikingfalls in the number of inspections carried out by the watchdog over the lastcouple of years; a significant increase in the number of inspections cancelledor rescheduled; and a sizeable drop over the last three years in the number ofadult social care inspectors working for CQC.A CQCspokesperson said that some of this was due to a new method of regulation,adopted in 2014, which was based on “ratings and risk”.She claimed thecommission was now “even better at identifying risk, meaning that we canprioritise our activity to where the need is greatest”.The FoIAresponse showed the number of CQC’s “full-time equivalent” adult social careinspectors fell from 881 in December 2015 to 812 in December 2018.The numberof adult social care inspections that were cancelled or rescheduled rose from 6,498in 2017 to 8,296 in 2018.And thenumber of adult social care inspections carried out by CQC fell from 15,271 in2016 to 13,106 in 2017, and again to 11,618 in 2018.Statisticsprovided by the regulator to its latest public board meeting (PDF) in February raise further concerns.They showthat only three-fifths of planned inspections of adult social care servicesthat had been branded “inadequate” or “requiring improvement” were carried outon time.Barbara Keeley (pictured), Labour’s shadow minister for social care, said: “It is highly concerning that nearly one in five social care establishments have not been inspected for over two years.“We saw inthe recent Mendip House case how quickly a care home can deteriorate – often ina matter of months. “As governmentcuts to social care budgets force providers to cut corners, infrequentinspections are putting disabled and older people at risk.“We cannotallow providers to provide poor quality care due to a lack of oversight: thatis why Labour’s plans for ethical commissioning would require local authoritiesand the CQC to better monitor care providers.”CQC saidthat its decision to inspect services seen as good or outstanding only every 30months helped explain a “significant” number of re-scheduled inspections, and manyof the services that had not been inspected in more than two years.By February2017, it said, it had finished inspecting all adult social care servicesregistered with CQC in October 2014 and had then moved to the next phase of itsnew ratings- and risk-based model of regulation, with “increased focus on usinginformation and intelligence to form a better picture of what is happening inthe delivery of people’s care to assess and prioritise risk”.It also said it had introduced new roles to “complement the inspection workforce”,such as assistant inspectors.CQC has sofar failed to say if it believes the figures show it is a failing organisation;whether it needs an injection of funding; and whether it is putting the safetyof disabled and older people at risk and is therefore likely to be exposingthem to serious breaches of their human rights.It has alsofailed to say whether the Mendip House abuse scandal showed that its risk-basedsystem was putting the safety of disabled people at risk, and that it thereforeneeded to introduce annual, unannounced inspections of all adult social careservices.But it didsay: “CQC has a healthy budget, a strong and hardworking workforce and wecontinually review all of the resources at our disposal in order to be asefficient as possible in ensuring care providers are living up to their legalresponsibilities.”Debbie Westhead, CQC’s interim chief inspector for adult social care,said in a statement: “In2014 we completely overhauled the way we regulate adult social care, moving toa ratings and risk based model. “We are noweven better at identifying risk, meaning that we can prioritise our activity towhere the need is greatest. “We knowfrom our latest State of Care report that most people are getting good care;over four-fifths of adult social care services are rated as good oroutstanding, a testimony to the hard work of thousands of frontline staff. “In 2018 wemoved the frequency of inspections for good and outstanding services to 30months. “However, ifduring this time we get any information of concern we will prioritise ouractivity to ensure that we are protecting people from risk. “We are now taking more enforcement actionthan ever before because we are using the information and analysis at ourdisposal more effectively in order to target our inspection activities to thoseservices where there is the greatest risk to the quality and safety of people’scare. “Since April 2017 to January 2019 we’ve taken around 2,000 enforcement actions against all adult social care providers and we will continue to take action wherever necessary to make sure that all people are getting the good, quality care they need.”A note from the editor:Please consider making a voluntary financial contribution to support the work of DNS and allow it to continue producing independent, carefully-researched news stories that focus on the lives and rights of disabled people and their user-led organisations. Please do not contribute if you cannot afford to do so, and please note that DNS is not a charity. It is run and owned by disabled journalist John Pring and has been from its launch in April 2009. Thank you for anything you can do to support the work of DNS…last_img read more

What to Expect From the Worlds Biggest Mobile Conference

first_img Besides a ton of phones, the Mobile World Congress in Barcelona will have augmented reality and virtual reality technology. Sascha Segan Image credit: via PC Mag Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Technology This story originally appeared on PCMag 8 min read Add to Queue Lead Mobile Analystcenter_img What to Expect From the World’s Biggest Mobile Conference February 20, 2017 –shares The biggest mobile industry trade show of the year, Mobile World Congress (MWC), runs from Feb. 27 to March 2 this year. It’ll be full of new phones as usual, but that’s only the beginning: tablets and networks have played big roles in previous years, and we should expect a lot of AR, VR and voice interfaces in 2017, too.MWC is the kind of show where a lot of things lock in about two weeks before the event. We’ll update this story as we learn more about what’s coming at MWC, but here’s what we expect so far, ordered alphabetically by manufacturer.AlcatelMotorola won’t be alone with modular phones in 2017, if the latest rumor about Alcatel is to be believed. According to Slashgear, Alcatel will have up to five new midrange phones at MWC this year, with at least one of them having a removable back system like the Moto Z. One of the removable backs will feature a JBL speaker and lights that change color, the rumor says.That said, Alcatel probably won’t introduce its next-gen flagship Idol phone at MWC, as it’s going to spend its big money on the BlackBerry Mercury launch on Saturday night. Speaking of which …BlackBerryMWC will be where TCL (parent company of Alcatel) introduces the BlackBerry “Mercury,” its new keyboarded Android phone, which looks to have a much brighter potential future than BlackBerry’s 2015 Priv handset. Hopefully, BlackBerry’s John Chen will give one of his annual updates on his business as well during its Feb. 25 press event. We have a hands on with the Mercury from CES in the video above.GoogleGoogle typically has a big, whimsical presence at MWC, with a Willy Wonka-like booth full of snacks and games. With the arrival of Android Wear 2.0, we’re expecting to see some new smartwatches. According to our most recent rumors, ZTE is out for the moment, but Huawei is in.A recent report from The Information says Google will make a big push for its Android One program soon, which helps it create low-cost phones that have the latest version of Android and frequent updates. We may even see Android One phones for the US. MWC would be a good place to do briefings or an event on that leap forward.HTCHTC just announced its U Ultra phone, but rumors continue to swirl about whether it will have a real successor to the One M10. At least we know it won’t have a smartwatch. My bet is that the company will have a big display of U phones and Vive headsets, but that it’ll keep any future flagship announcement for a little later in the year.HuaweiHuawei has a press event on Feb. 26, and we’re now expecting to see the P10 phone and a new Huawei Watch based on Android Wear 2.0. The above teaser video appears to promise a P10 with dual cameras and an improved selfie feature. Veteran leaker Evan Blass recently delivered some nice press shots of the new phones. The company’s lineup of Mediapad tablets is also looking a bit long in the tooth, and some rumors say that a Mediapad T3 tablet is coming.LeEcoLeEco’s Le Pro 3 and Le S3 phones are relatively fresh, but PhoneArena says LeEco has a phone called the X10 that they’re working on.LGWith the Samsung Galaxy S8’s official launch rumored for April 18, the biggest phone at the show is likely to be the LG G6, which debuts on Feb. 26.LG will ditch the G5’s modular form and its “friends” in exchange for a sleeker, more “usable” look, according to current rumors. A teaser video, posted above, promises a big, but unusually narrow screen; a waterproof body; and “reliability.”MotorolaThe Moto division of Lenovo has also announced a press event for Sunday, Feb. 26. The invite (above) is pretty generically Barcelona-themed. The best bet for a big announcement comes from some recent Brazilian leaks followed up by a bold image on Slashleaks, which describe midrange Moto G5 and G5 Plus phones with Qualcomm Snapdragon 430 and 625 processors, 5- and 5.2-inch screens and metal unibodies with big camera discs on the back. The phones are banded for all four U.S. carrier networks and all four Canadian LTE networks, which is pretty exciting; you don’t see that a lot in midrange price points.NetflixThe Monday evening keynote at MWC is typically the highest profile speech, and in previous years it’s been turned over to Mark Zuckerberg. This year, it’s Reed Hastings from Netflix. As the second-day keynote involves executives from Vivendi and Turner, mobile content will clearly be a big theme. Unfortunately, we’re not anticipating any ground-breaking announcements from these folks, although we’d love to be surprised.Nextbit/RazerPhone startup Nextbit, makers of the attractive Robin phone, announced on Jan. 30 that it is being bought by gaming PC maker Razer. That’s the company’s MWC news, so we shouldn’t expect a Razer phone at the show. Keep an eye out for more products later in the year.NokiaNokia’s back, and it’s going to be absolutely huge at MWC. The company is teasing a press conference for Sunday, Feb. 26. While most Americans think of Nokia as a long-ago irrelevancy, it has a frothing level of fandom in Europe, and that’s where the show is held. Veteran leaker Evan Blass says the company will have three phones at MWC: the Nokia 5 and Nokia 3, which are nondescript midrange Android phones, but also a homage to the ancient Nokia 3310 bar phone. The 3310, which once again has a huge cult in Europe (think of it as their version of our StarTac) will sell for around $70, according to Blass.Oppo/OnePlusOppo announced that it’s holding a “press event to announce an innovative new technology” on Monday, Feb. 26. Oppo is a big name in China, but doesn’t have much of a presence in the U.S. However, it’s the sibling company of OnePlus, and Oppo technologies have found their way into OnePlus phones in the past — most notably, Oppo “flash charging” became OnePlus “dash charging.” So Oppo may be revealing something we’ll see in the OnePlus 4.SamsungSamsung is absolutely, positively, not revealing the Galaxy S8 at MWC. However, the latest rumors say that it may tease the Galaxy S8’s launch date of March 29 at the end of its press conference. For more on this year’s flagship Samsung phone, see our story on what we know about the Galaxy S8 so far.Without the S8, Samsung is going to have to fall back on tablets. The latest rumors have Samsung launching a Galaxy Tab S3 tablet with an S Pen, according to SamMobile. The Tab S3, in their view, will come in a single 9.6-inch model with a 2048-by-1536 display and a Snapdragon 820 processor. Samsung’s press event is also scheduled for Feb. 26, but the invite doesn’t divulge too many details.There may also be a Windows-powered Galaxy Tab Pro S2, according to various rumors. TechRadar calls out this Windows convertible laptop’s specs as “12-inch QHD display, Intel Kabylake [sic] chipset, 4GB of RAM, 128GB SSD storage, 13MP rear camera, 5MP front snapper and a 5,070mAh battery.”SprintSprint will be demoing “massive MIMO over 2.5GHz” at the show. This is Sprint’s answer to Qualcomm’s push towards gigabit LTE, and Sprint promises “LTE network performance well beyond 1Gbps.” We’re going to keep hammering them on whether this will be used for home broadband.SonyPhoneArena says Sony may release between three and five new phones at the show, with the flagship having a 5.5-inch, 4K display and a Qualcomm Snapdragon 835 processor.On the face of it, this contradicts other rumors that Samsung has bought up the entire initial supply of Snapdragon 835 chips. But Sony may get around this by making its MWC show a pre-announcement and promising the phones this summer, rather than this spring.Sony will unveil its new phones (if there are any) on Monday morning, Feb. 27.ZTEOur most recent rumors put the potential ZTE smartwatch on ice and are instead focusing on the company’s “Gigabit Phone,” which is a fancy spin on a Qualcomm Snapdragon 835-powered device with an X16 modem capable of gigabit speeds over existing LTE 4G networks. They will probably try to connect this with 5G; it is not 5G. Still, though, this means ZTE is teasing a Snapdragon 835 phone before Samsung does, which is kind of a big deal. Register Now » Next Article Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goalslast_img read more

Korea Is Building a City for SelfDriving Cars

first_img This story originally appeared on Engadget South Korea will soon open an 88-acre facility with everything an autonomous car might encounter, including expressways, parking areas and bus-only lanes, according to the Korea Business Times. First announced last year, it will be the world’s largest, dwarfing Michigan’s 32-acre Mcity facility that it’s reportedly based on. The idea is to let companies test self-driving tech in a repeatable way, without the hard-to-get permits normally required to test vehicles on Korea’s public roads.South Korea produces some of the world’s most popular cars, but is well behind other nations in allowing self-driving vehicles on its streets. Despite that, it recently announced the ambitious goal to produce Level 3 vehicles (fully autonomous with a driver backup) by 2020.The nation started issuing permits for testing on public streets last year starting with eight vehicles. Recently, it gave Samsung a new permit, allowing it to test its own self-driving platform, consisting of sensors and computing systems but not a vehicle. South Korea’s largest automaker, Hyundai, is also building self-driving tech that requires less computing horsepower than other systems, but so far it has been testing the tech in the U.S.A big part of Korea’s self-driving push is K-City, a $17 million project which will feature a mock inner city, suburban roads, expressways and more. Expressway testing will start in October 2017, with the rest of the facility opening by mid-2018. That date is well earlier than originally planned, showing just how crucial self-driving tech has become to companies (and entire nations) just over the last year. 2019 Entrepreneur 360 List Image credit: Engadget Korea Is Building a ‘City’ for Self-Driving Cars Apply Now » –shares Add to Queue Next Article The only list that measures privately-held company performance across multiple dimensions—not just revenue. Korea 2 min read K-City will have bus lanes, freeways and autonomous parking zones. May 9, 2017 Steve Dentlast_img read more

Reaching for a Bucket of KFC A New Study Shows You Might

first_img Image credit: Getty Images | Justin Sullivan –shares Free Webinar | July 31: Secrets to Running a Successful Family Business Next Article Nina Zipkin Add to Queue Learn how to successfully navigate family business dynamics and build businesses that excel. 2 min read Staff Writer. Covers leadership, media, technology and culture.center_img Branding August 23, 2017 Entrepreneur Staff We live in a constantly connected world, but if anything, that can sometimes compound feelings of loneliness. According to a recent study, if people are feeling socially isolated, it could make them more likely to buy brands that feature faces on their labels — think the cheerful girl in the corner of a bag of Utz chips or KFC’s colonel on the side of a bucket of chicken.The researchers from the University of Oregon and Christian-Albrechts-University Kiel in Germany made up a set of 18 fake advertisements, complete with brand names and slogans. They had a mixture of ads without faces and ones that clearly did have human faces. They then asked the participants a series of questions about how they felt about the brand, the images they were seeing and about themselves.Related: 6 Ways to Combat ‘Lonely Entrepreneur’ SyndromeThe study found that if there was a face on the label, it was perceived as more likable than those brands that did not have that kind of image. And the lonelier and more isolated the participant professed to be, the stronger the positive feelings they had about that brand.  In another experiment, the researchers presented the participants with 45 different wine brands that were ranked from one to seven based on how clear the image of the face on the label was. Once again, customers were more likely to be attracted to and want to purchase the bottle with the clearest faces.Related: This Cure for Entrepreneur Loneliness Also Solves ProcrastinationSo the next time you start to feel those pangs of loneliness, before you reach for your wallet and the nearest face on the grocery store shelf, you might want to consider calling up a friend instead. Your bank account will thank you.And, not to be too terribly cynical, but if you want to make your brand appealing, you might want to consider going with a logo or mascot that seems more human. A new study explores how social isolation might make individuals turn to brands with faces on them. Reaching for a Bucket of KFC? A New Study Shows You Might Be Lonely. Register Now »last_img read more

LinkedIn Profile With AIGenerated Pic Tried to Schmooze With DC Insiders

first_img Spies may be using AI-generated photos to create harder-to-detect fake profiles on LinkedIn.Bogus accounts on social networking services are nothing new. But on Thursday, the Associated Press reported on the curious case of “Katie Jones,” a redheaded woman on LinkedIn who claimed to work at a top think tank in Washington D.C.According to the AP, the profile is not just a fake. The headshot of the woman may have been created by an AI-powered program. The evidence can be found in small, but noticeable inconsistences in the image.Last month I my attention was drawn to something suspicious: A fake LinkedIn profile connecting to Washington think tank types and senior US officials.Even weirder: Her face itself appeared to be fake. https://t.co/yvZbK8RoQt pic.twitter.com/CY85RRznk8— Raphael Satter @ RightsCon (@razhael) June 13, 2019Several tech experts told the AP they were convinced the profile photo was created by AI based on the flaws, which are common among photos fabricated by generated adversarial networks, or GANs. Researchers have been using the technology to show how it can pump out realistic, but ultimately fake photos of people who don’t exist.To create the photos, the GANs will model the fake faces from existing pictures of real people. Essentially, the AI algorithms will pluck different traits, such as hair styles, eye shapes and mouths, from various photos and merge them together to create an entirely new person.But the process isn’t perfect. The AI processes can sometimes have trouble rendering artifacts around the synthetic face. In the case of the Katie Jones profile, the photo shows a woman with a strange left earring that appears to be “blurry or “melted,” the AP noted.Still, the photo itself looks pretty real. The AP confirmed the Katie Jones account was a sham based not on the headshot, but on the credentials the LinkedIn profile had listed, all of which turned out to be phony.The account is now gone, and it isn’t clear if actual government spies created the Katie Jones profile or if it was just fraudsters. But the LinkedIn profile was attempting to network with former U.S. government officials and policy experts. Using an AI-generated photo would’ve made the profile resistant to reverse-image searches, which can often reveal whether a fake account lifted a picture from a real person’s account. Add to Queue 3 min read Artificial Intelligence –shares Image credit: @IntelMercenary via PCMag Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals Register Now » Next Article This story originally appeared on PCMag The profile attempted to network with former government officials. LinkedIn Profile With AI-Generated Pic Tried to Schmooze With DC Insiders Reporter June 14, 2019 Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Michael Kan Guest Writerlast_img read more

Uber Decals and Lyft Mustaches Are Hot Items on eBay

first_img This story originally appeared on Business Insider February 29, 2016 2 min read Image credit: lyft | Instagram Biz Carson Next Article Ridesharing Apps –sharescenter_img There’s money to be made selling an Uber decal or Lyft mustache, as long as you don’t need them to make money as a driver for either company.The insignia are a sort of trade dress for the burgeoning ride-hailing industry.Uber has a glowing “U” that its drivers affix to their windshields, while Lyft cars sport “glowstaches.” When Lyft started, it distinguished itself from all of the other cars on the road with a giant pink mustache. As more drivers join the ride-hailing services and subsequently leave, it turns out you can make some quick cash by selling the decals.Uber driver decals and Lyft mustaches have been popping up on eBay and Craigslist. One original pink furry mustache went for as high as $80. That’s a bit of a profit considering anyone who signs up to drive on the ride-hailing platforms receive the ‘staches free of charge.One bidding war with 11 entries on eBay drove a glowstache price from $20 to $45. A search of sold glowstaches show around 100 have been bought. Uber decals are typically cheaper because they’re so easily re-creatable, although they (or their counterfeits) are available in the thousands. It’s not just decals that have created a market. There’s also a whole subsection of signs that clip on to the back of headrests instructing riders how to give good ratings or reminding them to tip.Image Credit: eBay screenshotWho exactly is buying up the decals is unclear. It could be old drivers re-joining the companies or new drivers who misplaced their own decals. Uber and Lyft both declined to comment.There hasn’t been a publicly recorded problem of a car impersonating an Uber or Lyft using a purchased inisgnia, but the sale of the companies’ official decals is a good reminder to always double check the car make and model, license plate, and driver’s name before you hop in the car of a stranger — Uber decal on their windshield or not.  Apply Now » Uber Decals and Lyft Mustaches Are Hot Items on eBay 2019 Entrepreneur 360 List The only list that measures privately-held company performance across multiple dimensions—not just revenue. Add to Queuelast_img read more

Did Adult Coloring Books Just Get the Justin Bieber Bump

first_img –shares Did Adult Coloring Books Just Get the Justin Bieber Bump? Image credit: Instagram Enroll Now for $5 Entrepreneur Staff Dan Bova When reflecting on his transcendent sculpture, The David, Renaissance master Michaelangelo famously said, “I saw the angel in the marble and carved until I set him free.”When reflecting on a coloring book page he just finished, Justin Bieber famously Instagrammed, “Its dope Cuz I actually sat down for 30 min and finished I never can sit still for that long so it’s an accomplishment, yes this took me 30 minutes haha I know I suck Don’t judge me.”We won’t judge you, Biebs. For this anyway. As Entrepreneur staffer Lindsay Friedman wrote here in January, the business of adult coloring books is penciling in big profits. Amazon states sales are in the millions, and perhaps now with this celebrity colorist coming out of the crayon closet, they’ll be in the billions.Admire his handiwork below. For a guy who has made his share of missteps over the years, he does a very impressive job of staying in the lines. Get this man a gold star! I colored this ? its dope Cuz I actually sat down for 30 min and finished I never can sit still for that long so it’s an accomplishment, yes this took me 30 minutes haha I know I suck Don’t judge meA photo posted by Justin Bieber (@justinbieber) on Apr 13, 2016 at 10:01am PDT April 14, 2016 2 min read Editorial Director Entertainment Next Article Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Add to Queuelast_img read more

SugarCRM Acquires SaaS Marketing Automation Innovator Salesfusion

first_imgSugarCRM Acquires SaaS Marketing Automation Innovator Salesfusion PRNewswireMay 23, 2019, 11:34 pmMay 23, 2019 Powerful Combination Expands Sugar Platform to Relentlessly Drive Relevant Customer Experiences that Create Customers for LifeSugarCRM Inc., the company that helps organizations deliver exceptional customer experiences, announced it has acquired Salesfusion, a leading provider of marketing automation solutions recognized in the Gartner Magic Quadrant for Lead Management.@SugarCRM announces the acquisition of leading marketing automation provider, @Salesfusion, empowering customers to build stronger customer relationships, in less time. #technews #marketingautomation #CRMSalesfusion is the second acquisition the company has made in less than three months. In March 2019, the company acquired Collabspot’s email integration products to enhance its email integration capabilities and take another step towards Sugar’s vision to deliver the most intuitive and collaborative user experience while eliminating data entry.“These acquisitions combined with our new product innovations clearly demonstrate that Sugar is on a solid growth path and strategically evolving our business every day,” said Craig Charlton, CEO of SugarCRM. “This is just the beginning of many more game-changing announcements that will dramatically transform our company for employees, customers, partners and the industry.”Adding Salesfusion’s powerful marketing automation solution to Sugar’s award-winning, easy-to-use CRM platform enables unparalleled and comprehensive customer experience solutions for companies worldwide, including more than 5,000 global Sugar customers. It also immediately positions Sugar to lead the next generation of customer experience innovators, empowering companies to strengthen existing customer relationships, create new ones through actionable insights and intelligent automation and better understand the customer at every stage of the sales, marketing and service cycles.Marketing Technology News: WireWheel and Virtru Partner to Protect Integrity and Privacy of Personal Data“Modern companies expect more than just technology solutions,” said Charlton. “They want a personal relationship with the companies where they conduct business. With Salesfusion, we’re taking our market-leading CRM to the next level, harnessing Salesfusion’s advanced marketing automation capabilities to streamline campaign management, drive personalized engagement, improve conversion and transform customer experience throughout the customer journey. Together, we’re enabling marketing, sales and service professionals to be more productive, take action on customer insights and focus on high-impact value-added offerings that create relentlessly relevant customer experiences.”The integrated solution will be powered by a unified customer data platform that provides deep customer intelligence to enable relevant and personalized engagements. This will enable companies to create experiences that accelerate demand generation, grow revenue, deliver superior customer care and increase loyalty on a mobile-first platform that makes customer experience management easy and accessible for everyone.“Sugar and Salesfusion share a common vision that the next wave of innovation in B2B is sharply focused on the customer experience,” said Logan Henderson, CEO of Salesfusion. “The fact is that customer experience leaders significantly outperform their peers, generating higher average order values, better customer retention and satisfaction and significantly improved brand awareness. Salesfusion provides strong capabilities designed to supercharge marketing efficiency and productivity, making marketers more effective at delivering engaging, on-point customer experiences. As part of Sugar, we’re bringing together the best of everything in customer experience – marketing, sales, service and intelligent insights – to empower companies to perform better and create customers for life.”Marketing Technology News: Phishing of SaaS and Webmail Brands Surpasses Phishing Attacks on Payment Brands for the First TimeGoing forward, Sugar will continue to sell, support and service both products as standalone offerings indefinitely. To accelerate innovation and scale, the company will increase investment in Salesfusion engineering, services and support resources.“As a leader in transformational sales and marketing, W-Systems is excited to see Salesfusion join forces with Sugar,” said Christian Wettre, president of W-Systems. “Adding Salesfusion’s powerful marketing automation solution to Sugar’s market-leading CRM enables an unequalled and comprehensive customer experience solution for companies everywhere. We’re proud to be able to offer such a cutting-edge platform that will not only help our customers drive more revenue, but simplify their operations as well.”Rebecca Wetteman, Vice President of Nucleus adds: “SugarCRM’s acquisition of Salesfusion complements a market leader in easy-to-use CRM with the comprehensive marketing automation capabilities of Salesfusion. A tightly integrated platform will accelerate time to value and increase both sales and marketing productivity by streamlining campaign creation, lead nurturing, and the handoff to sales. Both Sugar and Salesfusion’s focus on delivering value to customers make this a good match, and integration of the two will deliver even greater benefit for customers.”Marketing Technology News: Baidu’s Mobile Reach Expanded to 1.1 Billion Monthly Active Devices in March 2019 Collabspot’s email integrationcrmGartner Magic Quadrantmarketing automationMarketing TechnologyNewssalesfusionsugarcrm Previous ArticleGartner Reveals Three Key Strategies for Marketers to Uncover Target AudiencesNext ArticleCvent Introduces Universal Appointments to Improve Trade Show Impactlast_img read more

Medallia Becomes PremierLevel Partner in Adobe Exchange Partner Program

first_img Adobe ExchangeExperience ManagementFarooq JavedMedalliaNewsPremier-Level Partner Previous ArticleArtificial Solutions and Swisscom Announce PartnershipNext ArticleMiaozhen Systems Acquires RadioBuy to Deepen its Omni-Marketing Intelligence Strategy Medallia Becomes Premier-Level Partner in Adobe Exchange Partner Program PRNewswireJune 3, 2019, 4:48 pmJune 3, 2019 Giving marketers unprecedented solutions to manage and personalize end-to-end customer experienceMedallia, Inc., the global leader in experience management, announced its status as a Premier partner in the Adobe Exchange Partner Program, a global technology partner ecosystem. This top-tier partner designation recognizes a select group of innovative, best-in-class solutions and provides in-depth collaboration in categories that are critical to the success of Adobe customers. The Premier partnership offers deep core integration and addresses strategic customer needs.Currently one of only 12 Premier partners, Medallia will work with Adobe to improve the omni-channel customer experience by combining behavioral data from Adobe with customer feedback from Medallia and bridge the online/offline divide. Medallia’s solutions securely integrate with Adobe Experience Cloud products including Adobe Analytics, Adobe Target, and Adobe Audience Manager.Marketing Technology News: StarfishETL Partners with PeopleSense, Inc.Medallia customers can now leverage Adobe’s wealth of digital behavior data and analytics to improve customer interactions and multi-channel journeys in the physical world. Meanwhile, Adobe customers can magnify the outcomes of digital analytics and marketing personalization with Medallia’s highly predictive combination of online and offline experience data.“Our customers want to understand and optimize every experience along each customer journey,” said Farooq Javed, Medallia’s VP of Alliances and Partnerships. “Integrating with Adobe Experience Cloud vastly improves our ability to shape the way companies engage with prospective and active customers in a personalized way, giving marketers a better chance of reaching consumers with an exceptional experience every time.”Marketing Technology News: How Digital Can Save Brick-And-Mortar Retail with Customer Experience Objectives“With a shared passion and ability to dramatically improve individuals’ experiences with our joint customers, Medallia and Adobe are natural partners in this exciting space,” said Cody Crnkovich, Head of Platform Partners and Strategy for Adobe Experience Cloud. “As we evolve our partner programs, we are thrilled to welcome Medallia as a key part of the program to build on our existing successes and to accelerate impact and value together.”Medallia and Adobe will present their partnership at Medallia’s Experience 2019 conference in San Diego, CA from June 3 to June 5, 2019.Marketing Technology News: StarfishETL Partners with PeopleSense, Inc.last_img read more

Startup Studios Are the Next Big Thing in the VC Industry Says

first_img AIbig dataEdutechMarketing Technology NewsNewsPoCsSaasSky 21VC Industry Previous ArticleSoundCommerce Closes $6.5 Million Seed Round Led by Defy PartnersNext ArticleWhy Personalization Matters Most in Mobile The concept of a ‘Startup Studio’ is trending in the startup world today. Unlike a VC, accelerator or incubator, a startup studio (also labeled as a startup factory or venture builder) does not invest in existing startups. Rather, it launches its own ideas in quick succession. Sky 21 is a ‘startup studio’ that will ideate, build and launch 100 MVPs (Minimum Viable Product) and do their PoCs (Proof of Concepts) every year, in developing countries.Marketing Technology News: Cognitiv Launches First Deep Learning Incrementality Solution To Help Marketers Find New CustomersThe young and dynamic team of Sky 21 startup studio believes that every business idea deserves to see the light of day, even if it is not backed by a sound team, financial projections, marketing strategy and other jargon found in the startup space. The team believes that having a product/service idea is actually the first step towards solving a problem that the world might be facing today, and even a brilliant idea can get killed if not given a chance to do a PoC. The future of an idea can only be predicted after testing its MVP.The world is changing quickly and so are the methods of doing business. With the rapid growth of technology and globalization, it has become extremely easy these days to get a product developed, marketed, tested and even trashed within a few months. The faster we try out new ideas, the sooner we are going to discover the unicorns. Applying this new approach of Business 2.0, the team of Sky 21 will be launching MVPs in quick succession and will be monitoring their traction. The ideas that see poor responses will be trashed immediately, and the ones that get excellent traction will be spun off into new ventures with new teams, funds, a regular startup strategy and maybe an acquisition by a conglomerate. MVPs with moderate traction will be monitored closely and will be kept under iteration.Marketing Technology News: Broadvoice Welcomes Kim McLachlan as Senior Vice President of Sales and MarketingSky 21 aims to enroll ‘Product Guys’ from Fortune 500 companies as their mentors for the generation and selection of ideas. With global chapter cities like San Francisco, Bengaluru, London, Tel Aviv, Berlin, Paris, Toronto and Singapore, Sky 21 will be targeting developing countries and launching ideas related to sectors like Healthtech, SaaS, AI, Big Data, Edutech, FinTech, Entertainment and Wearables.Marketing Technology News: Constant Contact Unveils New WooCommerce and Shopify Offerings at 2019 Internet Retailer Conference Startup Studios Are the Next Big Thing in the VC Industry, Says Sky 21 PRNewswireJuly 2, 2019, 2:43 pmJuly 2, 2019 last_img read more

Quick take CIMB shares down on proposed exchangeable bonds

first_img Related News Related News The exchangeable bond, which matures in 2024, can be converted into ordinary shares, the term sheet shows. Khazanah currently holds a 27% stake in CIMB. Proceeds from the sale will be used to refinance borrowings and meet working capital needs.The research house said the amount that Khazanah is seeking to raise could give rise to a 4% stake dilution (assuming a one for one conversion ratio). The bonds will only mature in 2024 which does ease concerns of any potential share price overhang arising from the conversion by bond holders. “We also note that by 2024, CIMB would be at the tail end of its current 5-year transformation and should start to reap the benefits of higher productivity and ROE from its on-going digital spend which is expected to be front loaded within the first five years of its transformation programme. “As such, impact of the overhang is likely to be well absorbed by the market as ROE trajectory starts to gain greater traction by 2024,” it said.“Potential earnings recovery from stronger loan growth from CIMB Niaga coupled with attractive valuations could help drive share price recovery in 2019. Share price has declined 13% over the past one year despite ROE remaining relatively stable at 9.6%. “As such, valuations have declined to a rather attractive 0.89x 2019F price-to-book and 9.7 times 2019F PE (-1SD below 10-year mean) while supported by a attractive dividend yield of 4.5%,” it said. Potential overhang well mitigated by adequate bond conversion maturity period. Tags / Keywords: Corporate News {{category}} {{time}} {{title}} Corporate News 08 Jul 2019 Quick take: Tenaga rebounds, minimal impact from retail reforms Markets 10 Jul 2019 China shares fall as June producer prices fuel growth, deflation fears Analyst Reports 08 Jul 2019 Minimal impact on Tenaga from retail market reforms KUALA LUMPUR: CIMB Group ‘s share price fell to a low of RM5.18 and weighed on the FBM KLCI on Friday after the proposed issuance of exchangeable bonds by Khazanah Nasional.At 11.45am, it was down 12 sen to RM5.22 with 26.25 million shares done.The FBM KLCI was down 5.64 points or 0.34% to 1,673.62. Turnover was 1.51 billion shares valued at RM965mil. There were 356 gainers, 329 losers and 379 counters unchanged.UOB Kay Hian Malaysia Research said  Khazanah plans to raise US$500mil by issuing exchangeable bonds in the country’s second largest bank by assets.last_img read more