Jio Institute got only letter of intent, not ‘Institution of Eminence’ tag: Prakash Javadekar

first_imgHuman Resource Development (HRD) Minister Prakash Javadekar on Thursday clarified that the ‘Institution of Eminence’ tag has not been bestowed on the Jio Institute.Only a letter of intent has been given subject to conditions, said Prakash Javadekar.The HRD minister made the announcement during the Question Hour in the Rajya Sabha; several members sought clarity on the criteria on the basis of which the prestigious title was conferred on select institutions.Congratulations to @ManipalUni, @bitspilaniindia & Jio Inst for getting status of #InstituteofEminence. #TransformingEducation #48MonthsOfTransformingIndia@PIB_India @MIB_India pic.twitter.com/XpRsm8nxIQPrakash Javadekar (@PrakashJavdekar) July 9, 2018Committee of expertsFurther, Javadekar also said a committee of experts had made the selections after a thorough scrutiny. Other institutes that were given ‘Institution of Eminence’ tag:Indian Institute of Science (IISc) Bangalore, KarnatakaIndian Institute of Technology (IIT) Bombay, MaharashtraIndian Institute of Technology (IIT), DelhiJio Institute (Reliance Foundation), PuneBirla Institute of Technology & Sciences (BITS) Pilani, RajasthanManipal Academy of Higher Education, Manipal, KarnatakaThe Birla Institute of Technological Sciences, Pilani, Manipal Academy of Higher Education, Manipal, and Jio Institute were recommended for issuance of letter of intent, as reported by PTI.Controversy around Jio InstituteEarlier this month, even Google had zero idea about the existence of the word Jio Institute.Interestingly, out of nowhere, the non-existing institute by Reliance Foundation found a place in the list of ‘Institute of Eminence’ along with many other renowned institutes of India.Moreover, the institute came up with its business plan to take students’ fee and earn from their tuition and hostel fee.advertisementRead: Jio Institute was counted among Institutes of Eminence: Here’s why it’s amusingThe fee will be paid by roughly 1,000 students in the first year of operation of the institute. It has projected to earn Rs 100 crore according to this plan, as reported.Also, the Reliance Foundation is also planning to waive off Rs 38 crore as scholarships for meritorious students in the first year.This will increase to Rs 76 crore in the second year, as per their application to the government — reported by Indian Express.Reliance Foundation’s proposalIn its first year, Jio Institute, as per its proposal, will be offering the following seats for these courses — offering the largest number of seats in the discipline of natural sciences.Natural Sciences: 300Engineering and Computer Science: 250Humanities: 200Management and Entrepreneurship:125Law: 90Media and Journalism: 60Performing Arts: 50Sports Sciences: 80Urban Planning and Architecture: 50Estimated expenditure:Operating expenditure for the first year: Rs 154 croreSalaries and benefits meant for faculty and staff: Rs 93 croreAccording to the Reliance Foundation’s claim, it will hire teachers from the top 500 global universities.Here’s how Twitterati reacted:Soon after, Prakash Javadekar, MHRD Union Minister made the announcement of Jio Institute, Twitterati started questioning over how a proposed university can be qualified for the Institute of Eminence tag.Students of Jio Institute working on a Prototype bike which runs on a single wheel and without fuel. pic.twitter.com/GgCvg1V3trJio lnstitute (@Jiolnstitute) July 10, 2018A Campus beyond boundaries and a toilet to keep campus Free from open defecation. pic.twitter.com/tsHSHY1HHsJio lnstitute (@Jiolnstitute) July 10, 2018jio:-…ALl is well…. #JioInstitute#saveindia pic.twitter.com/oV1JWzMxwb(@Badlegaind) July 9, 2018CPI leader D Raja speaks on top performing institutionsFurthermore, when CPI leader D Raja sought to know why top performing institutions like the IIT Chennai or JNU were not included, Javadekar said a panel had carried out the scrutiny and the government had maintained an arm’s length.Another supplementary question was raised by Raja, but before Javadekar could reply, Chairman M Venkaiah Naidu said the questions should be directed through the chair.Here’s what Chairman M Venkaiah Naidu said:”The mantri (minister) need not respond just because the Raja (King) has asked,” Naidu commented.Condition of educational infrastructure:While replying to another question, Javadekar listed the steps taken to improve the condition of educational infrastructure NSE 1.12 per cent in the country.An allocation of Rs 75,000 crore over the period from April 1 this year to March 31, 2020 has been approved under the Samagra Shiksha scheme, which was 20 per cent more than the current allocationsThe annual grant of Rs 5,000 to Rs 20,000 per school was approved for strengthening of libraries while the composite school grant has been raised from Rs 25,000 to one lakh from Rs 14,500 to 50,000, Javadekar saidAnnual grant for sports equipment was Rs 5,000 for primary schools, Rs 10,000 for upper primary and upto Rs 25,000 for secondary and senior secondary schools, he saidAllocation for children with special needs was also increased, including a stipend of Rs 200 per month for girls to be provided from class 1 to 12, he said, adding that the allotment for uniforms was enhanced from Rs 400 to Rs 600 per child per year.Read: Ishrita Gupta becomes new CBSE Class 12 topper in Nagpur after re-evaluation of marksadvertisementlast_img read more

4 days agoReal Betis coach Rubi urges calm: We’ll move forward

first_imgAbout the authorPaul VegasShare the loveHave your say Real Betis coach Rubi urges calm: We’ll move forwardby Paul Vegas4 days agoSend to a friendShare the loveReal Betis coach Rubi has urged calm after defeat to Real Sociedad.While admitting he was worried, Rubi dismissed talk of relegation.“Everything worries me, I don’t want to see Betis where it is now, I don’t want to see Betis suffering but I am convinced that we will finish in a good position and we will pass 50 points,” he said. “You can remind me when the season is over.”Rubi added: “My personal situation does not worry me, I am convinced that we will move forward.” last_img read more

Ohio State mens basketball faces judgement week against No 3 Michigan No

When Thad Matta was coaching at Xavier in 2004, the Musketeers had a three-game stretch against Mississippi State, Texas and Duke. Each of those teams was ranked in the top 11 of the Associated Press poll, with MSU (No. 4) and Duke (No. 5) placed in the top five. Those contests came in the NCAA Tournament, as Matta led Xavier to its first-ever appearance in the Elite Eight before losing a close one to the Blue Devils, 66-63. “It was crazy,” Matta said Monday, who left Xavier after that season to coach Ohio State. As treacherous a task as that was for Matta and his team, his current Buckeyes squad is staring down a two-game trek that might be even tougher than the one Xavier faced in 2004. OSU will play two top-three teams in a six-day span this week. And these upcoming bouts will come in the regular season, not in March when consecutive battles against elite programs are commonplace. OSU, ranked No. 10 in the most recent AP poll, is set to take on No. 3 Michigan in Ann Arbor Tuesday night. After squaring off against the Wolverines, the Buckeyes return home Sunday to play the No. 1 team in the country, Indiana. “It’s another week,” Matta said so sarcastically he cracked a smile before finishing the sentence. Matta’s players weren’t as light-hearted in talking about the venture ahead. “It’s why you come to Ohio State and play in a conference like the Big Ten, for weeks like this,” said junior guard Aaron Craft. The Buckeyes’ leading scorer, Deshaun Thomas, agreed, saying he “loves a challenge.” “I’m hyped,” the junior forward said, who leads the conference in scoring at 20 points per game. At 7-2 in the Big Ten, OSU is a game back of the Hoosiers, who are all alone in first place. The Buckeyes share a tie of second with Michigan and Michigan State. OSU is 1-1 against those teams this season, beating Michigan at home but losing to the Spartans on the road. Every team in the Big Ten plays 18 conference games, so no two-game stretch at the midway point is going to decide the league champion. But if OSU wants to stay alive and well in the race for a fourth consecutive regular season title, winning at least one game this week might be necessary. Thomas would love to win both. “It’s going to mean a lot for this team, especially if we get two wins against Michigan, they’re highly ranked. If we get a win against IU, we know we got to go down there and it’s going to be tough. It’s going to be big if we can get these two wins,” he said. This week also represents a turning point in the season for the Buckeyes. OSU (17-4) is exactly halfway through its conference schedule, and they’ll likely be tested much more in the second half of the year than they were in the first. During their first nine Big Ten games, the Buckeyes played five of the worst six teams in the league, and only three of the six best. OSU’s second half includes two games against No. 1 Indiana (20-2), trips to No. 3 Michigan (20-2) and unranked Wisconsin (15-7), and home games against No. 12 Michigan State (18-4) and No. 18 Minnesota (17-5). In his ninth year coaching in the Big Ten, Matta said the league is as competitive as he’s seen it. “I think that probably from top to bottom it’s as good – and we haven’t seen everybody yet – but seeing on tape, seeing scores, seeing the standings, I would probably agree (it’s as good as ever),” Matta said. For now, though, OSU is just focusing on the Wolverines. The Buckeyes gave Michigan its first loss on Jan. 13 with a 56-53 win, also preventing the Maize and Blue from ascending to a No. 1 national ranking. “To be honest, we haven’t even talked about Sunday’s game,” Matta said. “Obviously the mindset is on tomorrow night’s game, knowing that they have a great team.” Michigan, ranked No. 1 last week, dropped in the polls after losing at Indiana Saturday night. Add in the fact that OSU beat the Wolverines the first time around in Columbus, and Michigan will be ready Tuesday night, Craft said. “There is no way we can try to look past this game in any way,” Craft said. Getting out to a fast start in Ann Arbor will be crucial for the Buckeyes, Craft said. In Michigan’s two losses this season, they fell in a big hole early and couldn’t recover. OSU, 3-3 on the road this season, probably needs to at least stay even with the Wolverines (undefeated at home) early to have a chance for an upset. Doing that will require solid defense, something OSU has relied on all season. “Defensively I think we’re pretty sound,” Matta said. “We’re trying to get our guys to have a prideful mentality in terms of getting stops. We want to continue to get them to understand we have to have that for 40 minutes.” That won’t be easy against the Wolverines, who are led by a National Player of the Year candidate and Columbus native Trey Burke. The sophomore point guard has potentially the country’s best sidekick in junior guard Tim Hardaway Jr., who averages 15.6 points per game. Two freshmen, guard Nik Stauskas and forward Glenn Robinson III, also average double figures in points. OSU has played three teams this season currently ranked in the top 12 by the AP in No. 4 Duke, No. 5 Kansas and No. 12 MSU, not including Michigan. The Wolverines are likely the toughest team the Buckeyes have had to defend. “With the number of people they can put out there, the number of people that can score the ball, it’s really tough to play normal defense when you’re worried about the number of shooters they have,” Craft said. Defending Michigan’s shooters is just one of the many challenges OSU is facing in the week ahead. Matta said his team is as close to being ready for the daunting task as he’d like them to be. “We had two good practices. I’ve never had a team exactly where I wanted it. I do think we’re making strides. We just have to continue to find that consistency and every night we take the floor, we need our guys to play the best that we can,” the 45-year-old coach said. OSU and Michigan are scheduled to tipoff at 9 p.m. Tuesday night in the Crisler Center in Ann Arbor. The Buckeyes then take on Indiana at 1 p.m. Sunday in the Schottenstein Center. read more

An Arsenal legend helped me chose to join Man Utd reveals

first_imgFred has thanked former Arsenal midfielder and agent Gilberto Silva for his role in helping him decide to join Manchester UnitedThe Brazil international turned down offers from Manchester City, Paris Saint-Germain and some clubs in China to sign for the Red Devils this summer.Fred was officially confirmed as a United player on a five-year deal in June after the club agreed to pay Shakhtar Donetsk £47m.And the 25-year-old has thanked his agent, Gilberto, for helping pave the way to Old Trafford.Gilberto played for Arsenal for five years and was a key member of the famous “Invincibles” squad that went the entire 2003/04 season unbeaten.Harry Maguire, Manchester UnitedSolskjaer praises Harry Maguire after Man United’s 1-0 win Andrew Smyth – September 14, 2019 Ole Gunnar Solskjaer singled out Harry Maguire for praise after helping Manchester United keep a clean sheet in their 1-0 win over Leicester City.“Gilberto was a top midfielder who played for Arsenal,” Fred told the club website.“But he has a lot of respect for Manchester United, who are obviously a big club here in England.“He praised the club a lot and, after he was granted the opportunity to speak to Jose Mourinho and other senior figures at United, we made the decision together for me to come here. We decided it would be a good move for me.“Gilberto is a top guy and his advice means a lot to me. He played in the same position as I do and he won the Premier League, so I look to him for inspiration, I listen to what he has to say and I take on board what he tells me.”Fred will now be hoping to make his third start for United in Monday’s Premier League game against Tottenham.last_img read more

Official Beskitas confirm the signing of Karius

first_imgLiverpool goalkeeper Loris Karius has completed his move to Turkish side Besiktas on a two-year loan deal.Karius has not played a competitive game for the Reds since committing two errors in the Champions League final defeat to Real Madrid in May.The German, 25, has made 49 appearances for Liverpool since joining the club from Mainz in 2016. He was equally named on the bench in Liverpool’s game against West Ham.“Everybody at LFC wishes Loris the best of luck during his loan spell,” said a statement on Liverpool’s website.Jurgen Klopp opted to keep Simon Mignolet as the second choice goalkeeper considering his vast Premier League experience.Roberto Firmino, LiverpoolVirgil van Dijk praises Roberto Firmino after Liverpool’s win Andrew Smyth – September 14, 2019 Virgil van Dijk hailed team-mate Roberto Firmino after coming off the bench to inspire Liverpool to a 3-1 comeback win against Newcastle United.The Merseysiders continued their winning start in the Premier League with a narrow 1-0 win over Brighton. The solitary strike from Mo Salah was enough to send the Reds to the top after Man City drew at Wolves.Karius will play in the Europa League if his new side seals a spot in the group stages.Besiktas contested the first leg of their Europa League play-off against Partizan on Thursday and continue their league schedule at home to Antalyaspor on Sunday evening.last_img read more

Belgium boss Messi is a great player to watch

first_imgBelgium manager Roberto Martinez believes that Lionel Messi is one of the best players to watch in footballThe Spaniard, who led the Red Devils to a best-ever finish of third at the World Cup in Russia, revealed his admiration for Messi during for the futsal Champions League in Belgium.“Whatever is said about Leo Messi, there’s nothing new,” Martinez told the club website. “He is a player you can really enjoy,”“When he is out on the field, and he’s at a level like the one he showed in England, that’s something everyone can appreciate.”Messi has continued his fine performances for Barcelona this season with 11 goals and five assists in 11 games across all competitions.David Villa, SpainQuiz: How much do you know about David Villa? Boro Tanchev – September 14, 2019 Time to test your knowledge about Spanish legendary forward David Villa.Manager Ernesto Valverde is determined to ensure that the Catalans do better in the Champions League this time around following their shock quarter-final exit at the hands of AS Roma last season.And things have got off to a strong start for Barcelona with convincing wins over PSV Eindhoven and Tottenham in their opening two games of Group B.“Barça, as well as other teams, are candidates to win it all. There aren’t too many teams around the world that are built to win it. They hope to compete for everything, and that doesn’t change with one good or a bad match,” said Martinez.“Every year the Champions League competition gets more and more difficult. It’s very difficult to find a team to win three years in a row, but this year it’s pretty balanced, and I think we will see one of the best competitions we’ve seen in recent years.”last_img read more

Vista Unified School District All Schools Showcase

first_img KUSI Newsroom Posted: January 24, 2019 KUSI Newsroom, Vista Unified School District All Schools Showcase Categories: Good Morning San Diego, Local San Diego News FacebookTwitter SAN DIEGO (KUSI) – The Vista Unified School District is putting on an All Schools Showcase an impactful and challenging educational program for students.The Mission Vista Steel Drum Ensemble visited Good Morning San Diego to preview what people can expect to see at the showcase.The Showcase will feature:Resource and information booths representing all schoolsOnsite registration and transfersMagnet school information and on site applications will be acceptedThe All Schools Showcase is Thursday, Jan 24 from 5:30 to 7:30 p.m. at the Vista Innovation Center located at 836 Olive Ave. Vista, CA 92083For more information click here. January 24, 2019last_img read more

Murkowski Votes No On Advancing Kavanaugh In Procedural Vote

first_imgOf the four key votes; Republican Senator Susan Collins of Maine and Jeff Flake of Arizona votes yes, as did democrat Joe Manchin of West Virginia. Facebook0TwitterEmailPrintFriendly分享U.S. Senator Lisa Murkowski voted ‘no’ during a dramatic procedural vote held on the senate floor on  advancing Judge Brett Kavanaugh to a final vote. U.S. Senator Dan Sullivan voted ‘Yes’. Kavanaugh will get a final floor vote after enough senators Friday voted to advance his nomination. The final vote was  51 to 49.center_img The final confirmation vote will likely be held on Saturday.last_img read more

FY17 Request to include Funding for Extra Troops in Europe

first_imgThe Defense Department will ask for funding to rotate 3,000 to 5,000 U.S. troops to Europe in its fiscal 2017 budget request, according to senior defense officials.The additional brigade’s worth of troops, which are expected to rotate in from the United States, will be dispatched to relieve some of the pressure from the 173rd Airborne Brigade, which is on its third rotation there, reported Stars and Stripes.“They’ve been constantly deployed,” a defense official told the publication. “We are going to try to source that from units” based in the United States.The administration’s $3.4 billion request for the European Reassurance Initiative also would cover the cost of sending a brigade’s worth of tanks and artillery to storage sites throughout Europe. The Pentagon requested only $780 million for the initiative in FY 2016.The department already has moved tanks, trucks and artillery into Europe over the past year in response to Russia’s support for separatists in Eastern Ukraine, according to the story.The request for rotating additional troops in Europe represents a renewed focus by the United States on emerging security threats, a subject Defense Secretary Ash Carter is expected to address in a speech on Tuesday. Dan Cohen AUTHORlast_img read more

Qualcomm is a monopoly and must renegotiate deals judge rules

first_img Galaxy S10 Plus vs iPhone XS Max: photo samples from our comparison Qualcomm’s customers like Apple have argued that’s wrong, and the FTC has agreed, saying Qualcomm charges too much. The heart of the FTC’s case against Qualcomm was a so-called “no license, no chips policy.” Qualcomm sells processors that connect phones to cellular networks, but it also licenses its broad portfolio as a group. For a set fee — based on the selling price of the end device, typically a phone — the manufacturer gets to use all of Qualcomm’s technology. It’s phone makers that pay the licensing fee, not chipmakers. To get access to Qualcomm’s chips, which are broadly considered to be on the bleeding edge of wireless innovation, a phone maker first has to sign a patent licensing contract with Qualcomm. The company has long been the leader in 4G LTE, and it’s ahead of rivals in the nascent 5G market. The highest-end phones, like those from Samsung, have tended to use its modems. But the FTC argued such a requirement hurt competition and cemented Qualcomm’s monopoly power. For tech antitrust, this is the biggest decision since the Microsoft case. Ankur Kapoor, an antitrust partner at Constantine Cannon Apple and Qualcomm settle licensing dispute amid trial’s opening arguments Qualcomm-FTC lawsuit: Everything you need to know Apple and Qualcomm settle: Here’s what the battle means for your next iPhone 22 Photos Other companies, like Huawei and Lenovo, made similar comments during their testimony. And during the trial, the FTC pointed to communication from a former Qualcomm licensing executive, Eric Reifschneider, to mobile chip customers like Motorola and Sony Mobile as evidence of threats to cut off supply. In one instance, Reifschneider wrote in an email to a Sony Mobile executive that “QCT (Qualcomm’s chip business) has been shipping chips to SMC (Sony Mobile) for almost three weeks now without a license in place. It will not be possible for that to continue.” Qualcomm, meanwhile, called company executives, representatives from handset makers and chip rivals, and economics experts to dispute the FTC’s allegations in the case. The company sought to show that competition is healthy in the mobile chip market and that Qualcomm hasn’t hampered the industry. The company has argued that its broad patent portfolio and innovations justify its fees. CEO Steve Mollenkopf, who was called by the FTC early in the trial, defended the company’s licensing practices, saying the way his company sells chips to smartphone makers is best for everybody involved and is the simplest way to license the technology. Executives from Qualcomm and other companies testified that Qualcomm has never cut off chip supply during contract negotiations. Some of those executives said in live testimony and video depositions presented by Qualcomm that its rivals didn’t have the technology required for their devices. Qualcomm also argued that it had legitimate business reasons for having strict contracts with Apple, including how expensive it is to design modems specifically for Apple.  The ruling’s remediesEarlier this month, the US Justice Department asked for a hearing on Qualcomm’s possible punishment if Koh ruled in the FTC’s favor. The DOJ said the court should carefully consider what remedy to carry out, because it’s worried about the US’ position in the race to 5G. But Koh denied the hearing request. Koh, in her ruling, said Qualcomm has to comply with five remedies:”Qualcomm must not condition the supply of modem chips on a customer’s patent license status and must negotiate or renegotiate license terms with customers in good faith under conditions free from the threat of lack of access to or discriminatory provision of modem chip supply or associated technical support or access to software. “Qualcomm must make exhaustive SEP licenses available to modem-chip suppliers on fair, reasonable and nondiscriminatory (“FRAND”) terms and submit, as necessary, to arbitral or judicial dispute resolution to determine such terms. “Qualcomm may not enter express or de facto exclusive dealing agreements for the supply of modem chips. “Qualcomm may not interfere with the ability of any customer to communicate with a government agency about a potential law enforcement or regulatory matter. “In order to ensure Qualcomm’s compliance with the above remedies, the court orders Qualcomm to submit to compliance and monitoring procedures for a period of seven years. Specifically, Qualcomm shall report to the FTC on an annual basis Qualcomm’s compliance with the above remedies ordered by the court.”The first and second remedies are “the most onerous, requiring renegotiation of existing licenses, and mandating offering chipset licenses (which, as always, opens up the possibility of chipset-level royalties and the specter of patent exhaustion),” Bernstein analyst Stacy Rasgon noted. “In practice, we don’t know what will happen next.” Making nice with AppleWhile Apple was one of Qualcomm’s fiercest critics, the two settled their disputes in April.  The two sides announced the surprise agreement through a joint press release on April 16 at the same time lawyers presented opening arguments in their trial in a San Diego courthouse. Apple and its contract manufacturers had given their statements, and Qualcomm’s head lawyer had nearly finished his remarks when the courtroom buzzed with the unexpected news.  The CEOs of both companies — Apple’s Tim Cook and Qualcomm’s Steve Mollenkopf — had been expected to testify. As recently as January, Cook said the iPhone maker wasn’t in talks with Qualcomm.  As part of the agreement, Apple will make a payment to Qualcomm for an undisclosed sum. The licensing pact, taking effect April 1, 2019, will last for six years and includes a two-year extension option. Apple and Qualcomm also signed a multiyear chipset supply agreement, which means Qualcomm modems could soon make their way back into iPhones. CNET’s Shelby Brown contributed to this report. Originally published May 22, 6:20 a.m. PT Updates, 8:05 a.m.: Adds comments from ruling, comments from antitrust lawyer, additional information; 11:46 a.m.: Includes comment from FTC, analyst and lawyer and adds more information about remedies. 1:50 p.m.: Adds analyst comment. Share your voice See also Powerful chipmaker Qualcomm is just too powerful, judge… Aug 31 • Your phone screen is gross. Here’s how to clean it Now playing: Watch this: Qualcomm illegally hurt competitors in the wireless chip market and used its dominant position to force unnecessary licensing fees on handset makers like Apple, US District Court Judge Lucy Koh said in a long-awaited ruling issued late Tuesday.Qualcomm must change how it does business and renegotiate license deals with its customers, according to the ruling, which came four months after a trial over the issue ended. To hold the company accountable, Qualcomm must also submit compliance and monitoring reports for the next seven years and report to the US Federal Trade Commission on an annual basis. “Qualcomm’s licensing practices have strangled competition in the CDMA and premium LTE modem chip markets for years, and harmed rivals, OEMs, and end consumers in the process,” Koh wrote in her ruling.  Tags Aug 31 • iPhone XR vs. iPhone 8 Plus: Which iPhone should you buy? Apple reading • Qualcomm is a monopoly and must renegotiate deals, judge rules Post a comment The two sides battled in a San Jose, California, courtroom for most of January. The FTC wrapped up its antitrust case against the company on Jan. 15, and Qualcomm rested its defense 10 days later. Both sides presented closing arguments Jan. 29. The trial revealed the inner workings of tech’s most important business, smartphones, showing how suppliers wrestle for dominance and profit. For Qualcomm, the verdict calls into question the company’s entire business model. While it sells processors that connect devices to mobile networks, it also generates a significant percentage of its revenue from licensing. If it can’t collect royalties based on the value of a handset — which it had done in the past — it will generate less money and may have to rethink its model entirely. Even if it appeals the ruling, Qualcomm’s licensees likely will try to alter their contracts. Koh, in her ruling, said that Qualcomm can’t force a customer to sign a license before it will supply it with chips. It “must negotiate or renegotiate license terms with customers in good faith under conditions free from the threat of lack of access to or discriminatory provision of modem chip supply or associated technical support or access to software.Appealing the ruling It’s unclear what impact the ruling will have on Qualcomm’s recent settlement with Apple, but it’s likely that deal took into account a ruling in favor of the FTC. Ultimately, the case could take years to resolve as it works its way through the appeals process.  Apple “just signed an agreement that was quite favorable for [Qualcomm] … and of course needs QCOM modems for its 5G phone in 2020,” UBS analysts noted. “It seems highly unlikely that this news would impact the recent multi-year AAPL settlement.”It typically takes the 9th Circuit about two to three years to issue rulings in antitrust cases, said Ankur Kapoor, an antitrust partner at Constantine Cannon. It’s likely the court will fast-track the case, which means it could have a decision in about a year, he said.  “For tech antitrust, this is the biggest decision since the Microsoft case,” Kapoor said.  In the meantime, the 9th Circuit probably will grant Qualcomm an emergency stay of the injunction that forces it to change its practices. For Qualcomm’s appeal, it’ll have to focus on the legal basis of the ruling. “The only chance for Qualcomm to overturn this on appeal is on a pure question of law, a pure legal issue,” he added. “The big one is whether or not violation of FRAND obligations can constitute an antitrust violation or if it’s just a breach of contract.”  Qualcomm’s chip dominance Qualcomm is the world’s biggest provider of mobile chips, and it created technology that’s essential for connecting phones to cellular networks. The company derives a significant portion of its revenue from licensing those inventions to hundreds of device makers, with the fee based on the value of the phone, not the components. Because Qualcomm owns patents related to 3G, 4G and 5G networking technology, as well as other features like software, all handset makers building a device that connects to cellular networks have to pay it a licensing fee, even if they don’t use Qualcomm’s chips. Aug 31 • iPhone 11, Apple Watch 5 and more: The final rumors Phones Components Tech Industry • In a statement, Qualcomm said it would immediately seek a stay of the district court’s judgement and an expedited appeal to the US Court of Appeals for the 9th Circuit. “We strongly disagree with the judge’s conclusions, her interpretation of the facts and her application of the law,” Don Rosenberg, executive vice president and general counsel for Qualcomm, said in a statement Wednesday. FTC Competition Director Bruce Hoffman said in a statement Wednesday that “yesterday’s decision that Qualcomm’s practices violate the antitrust laws is an important win for competition in a key segment of the economy. FTC staff will remain vigilant in pursuing unilateral conduct by technology firms that harms the competitive process.”Apple, which played a big role in the FTC’s case, declined to comment.The ruling is a boon for Qualcomm’s customers and rivals, many of which supported the FTC’s case in hopes of securing lower licensing deals and getting greater access to the mobile market. Apple in particular played a large role in the case, with executives, such as Chief Operating Officer Jeff Williams, testifying that they felt they had no option but to agree to Qualcomm’s terms. If Apple didn’t give into Qualcomm’s demands, he said, it worried about losing access to Qualcomm’s chips. During the trial, the FTC argued Qualcomm’s licensing policies hurt consumers by causing higher smartphone pricing. But even though Koh ruled in the FTC’s favor, there’s little chance that handset makers like Apple and Samsung will lower their prices. Instead, even as Qualcomm has lowered its licensing rates, prices for the latest and greatest devices from those companies and others have continued to rise.  Antitrust arguments The decision comes more than two years after the FTC accused Qualcomm of operating a monopoly in wireless chips. The FTC said Qualcomm forced customers like Apple to work exclusively with it and charged “excessive” licensing fees for its technology, in part by wielding a “no license, no chips” policy. Qualcomm’s practices prevented rivals from entering the market, drove up the cost of phones and in turn hurt consumers, who faced higher handset prices, the FTC said. Qualcomm argued the FTC’s lawsuit was based on “flawed legal theory” and that customers choose its chips because they’re the best. It also argued that competition is fierce in the mobile chip market and that Qualcomm never stopped providing processors to customers, even when they’ve been arguing over licenses. Qualcomm’s licensing practices have strangled competition. Judge Lucy Koh 1:48 0 Aug 31 • Best places to sell your used electronics in 2019 See All For the FTC to win the case, it had to show that Qualcomm had a monopoly, that it had market power and that it used that power in negotiations with handset makers to command high royalties. The FTC also had to show that Qualcomm’s conduct hurt competitors and that the anticompetitive actions continue or will start again in the future. The FTC argued that Qualcomm used its power in the 3G and 4G chip market to force handset makers like Apple to sign licensing agreements with excessively high royalties. If Qualcomm isn’t stopped, the FTC said, it’ll do the same thing in the 5G market. “If the decision is sustained, it will require a change in Qualcomm’s business practices,” said Cornell Law antitrust professor George Hay. “While any changes that are implemented will have no immediate impact on their dominance in the chip market, over time it may lead to more competition.” Battling in court During the trial, the FTC called witnesses from companies like Apple, Samsung, Intel and Huawei and had experts testify about the alleged harm Qualcomm’s licensing practices have caused the mobile industry. Apple’s Williams testified that his company felt it had to sign contracts for amounts it thought too high — a royalty of $7.50 per iPhone — to maintain access to Qualcomm’s chips. “We were staring at an increase of over $1 billion per year in licensing, so we had a gun to our head,” Williams said as he explained why Apple signed another licensing agreement in 2013, despite being unhappy with the terms. He added that Apple has wanted to use Qualcomm’s chips for its newer devices, but Qualcomm refused to sell processors for the iPhone.  Qualcomm 5G 4G LTE Apple FTClast_img read more

Asus ROG 2 gaming phone could launch in July

first_img $520 at HP Comments 2 Tags The Cheapskate Sarah Tew/CNET Rylo 5.8K 360 Video Camera: $250 (save $250) HP Laptop 15t Value: $520 (save $780) Though not technically a Labor Day sale, it’s happening during Labor Day sale season — and it’s too good not to share. Nationwide Distributors, via Google Express, has just about the best AirPods deal we’ve seen (when you apply promo code ZBEDWZ at checkout). This is for the second-gen AirPods with the wireless charging case. Can’t imagine these will last long at this price, so if you’re interested, act fast. $261 at Daily Steals via Google Express $60 at Best Buy Sarah Tew/CNET Boost Mobile Review • iPhone XS review, updated: A few luxury upgrades over the XR Read Lenovo Smart Clock review Recently updated to include digital-photo-frame capabilities, the Lenovo Smart Clock brings Google Assistant goodness to your nightstand. It’s a little smaller than the Amazon Echo Show 5, but also a full $30 less (and tied with Prime Day pricing) during this Best Buy Labor Day sale. Phones Gaming Mobile $299 at Amazon $90 at Daily Steals via Google Express Tidal 3-month family subscription: $5.99 (save $54) Lenovo Smart Clock: $59.99 (save $20) Turo is kind of like Uber meets Airbnb: You borrow someone’s car, but you do all the driving. I’ve used it many times and found it a great alternative to traditional car-rental services — in part because you get to choose exactly the vehicle you want (not just, say, “midsize”) and in part because you can often do pickup and dropoff right outside baggage claim.Between now and Sept. 1, the first 300 people to check out can get $30 off any Turo rental with promo code LDW30. I thought this might be a mistake, but, no, the weirdly named HP Laptop 15t Value is indeed quite the value at this price. Specs include an Intel Core i7 processor, 12GB of RAM, a 256GB solid-state drive and a 15.6-inch display. However, I strongly recommend paying an extra $50 to upgrade that display to FHD (1,920×1,080), because you’re not likely to be happy with the native 1,366×768 resolution. Read Google Home Hub review Angela Lang/CNET See it Apple iPhone XS DJI’s answer to GoPro’s action cameras is rugged little model that’s shockproof, dustproof and waterproof down to 11 meters. It normally runs $350, but this deal drops it to $261 when you apply promo code 19LABOR10 at checkout. See It Read the AirPods review Share your voice Apple AirPods with Wireless Charging Case: $155 (save $45) Lenovo 130-15AST 15.6-inch laptop: $210 (save $90) Best Buy $6 at Tidal Tags Use promo code 19LABOR10 to get an unusually good deal on JBL’s interesting hybrid product — not quite headphones, and not quite a traditional speaker, but something you wear like neckphones to listen to music on the go. Sarah Tew/CNET $999 Formerly known as the Google Home Hub, Google’s Nest Hub packs a wealth of Google Assistant goodness into a 7-inch screen. At $59, this is within a buck of the best price we’ve seen. It lists for $129 and sells elsewhere in the $89-to-$99 range.This is one item of many available as part of eBay’s Labor Day Sale (which, at this writing, doesn’t specifically mention Labor Day, but that’s how it was pitched to us).center_img Free Echo Dot with an Insignia or Toshiba TV (save $50) Mentioned Above Apple iPhone XS (64GB, space gray) $59 at eBay Turo: Save $30 on any car rental The original Asus ROG phone. Aloysius Low/CNET Asus and Tencent could be launching the ROG 2 phone in July, a post on Chinese social media site Weibo has said.The phone will be optimized for gaming content, according to the post.The original Asus ROG phone provides one of the best ways to play games on an Android phone and was priced at $900.It came with pressure-sensitive buttons called AirTriggers, two USB-C ports, dual rear cameras and a 4,000-mAh battery that lasted for 15 hours in CNET’s battery lab test for continuous video playback on airplane mode.Neither Asus nor Tencent immediately responded to requests for comment. Other Labor Day sales you should check out Best Buy: In addition to some pretty solid MacBook deals that have been running for about a week already, Best Buy is offering up to 40% off major appliances like washers, dryers and stoves. There are also gift cards available with the purchase of select appliances. See it at Best BuyDell: Through Aug. 28, Dell is offering an extra 12% off various laptops, desktops and electronics. And check back starting Aug. 29 for a big batch of Labor Day doorbusters. See it at DellGlassesUSA: Aug. 29 – Sept. 3 only, you can save 65% on all frames with promo code labor65. See it at GlassesUSALenovo: The tech company is offering a large assortment of deals and doorbusters through Labor Day, with the promise of up to 56% off certain items — including, at this writing, the IdeaPad 730S laptop for $700 (save $300).See it at LenovoLensabl: Want to keep the frames you already love and paid for? Lensabl lets you mail them in for new lenses, based on your prescription. From now through Sept. 2 only, you can save 20% on the blue light-blocking lens option with promo code BLOCKBLUE. See it at LensablSears: Between now and Sept. 7, you can save up to 40% on appliances (plus an additional 10% if you shop online), up to 60% on mattresses, up to 50% on Craftsman products and more. The store is also offering some fairly hefty cashback bonuses. See it at SearsNote: This post was published previously and is continuously updated with new information.CNET’s Cheapskate scours the web for great deals on tech products and much more. For the latest deals and updates, follow the Cheapskate on Facebook and Twitter. Questions about the Cheapskate blog? Find the answers on our FAQ page, and find more great buys on the CNET Deals page. $155 at Google Express See It Read the Rylo camera preview What’s cooler: A snapshot of a firework exploding in front of you, or full 360-degree video of all the fireworks and all the reactions to seeing them? Oooh, ahhh, indeed. At $250, the compact Rylo dual-lens camera is selling for its lowest price yet. And for an extra $50, you can get the bundle that includes the waterproof housing.This deal runs through Sept. 3; it usually costs $500. CNET may get a commission from retail offers. Preview • iPhone XS is the new $1,000 iPhone X See at Turo Read DJI Osmo Action preview An Echo Dot makes a fine match for any Fire edition TV, because you can use the latter to say things like, “Alexa, turn on the TV.” Right now, the 24-inch Insignia Fire TV Edition starts at just $100, while the 32-inch Toshiba Fire TV Editions is on sale for $130. Just add any Fire TV Edition to your cart, then add a third-gen Echo Dot, and presto: The latter is free. The problem with most entry-level laptops: They come with mechanical hard drives. That makes for a mighty slow Windows experience. This Lenovo model features a 128GB solid-state drive, so it should be pretty quick to boot and load software, even with its basic processor. Plus, it has a DVD-burner! That’s not something you see in many modern laptops, especially at this price. Comments $999 $999 See It Sarah Tew/CNET JBL Soundgear wearable speaker: $90 (save $160) Rylo Google Nest Hub: $59 (save $70) Chris Monroe/CNET 7 Turo Sprint Asus,I’m shocked — shocked! — to learn that stores are turning Labor Day into an excuse to sell stuff. Wait — no, I’m not. As much as I respect the original intent of the holiday (which became official back in 1894), to most of us, it’s just a bonus day off — one that’s blissfully tacked onto a weekend. So, yeah, stores; go ahead, run your sales. I’m listening. Perhaps unsurprisingly, Labor Day doesn’t bring out bargains to compete with the likes of Black Friday (which will be here before you know it), but there are definitely some sales worth your time.For example:We’ve rounded up the best Labor Day mattress deals.We’ve also gathered the best Labor Day laptop deals at Best Buy.The 2019 Vizio P Series Quantum is back under $999.Be sure to check out Amazon’s roughly three dozen Labor Day deals on TVs and audio. Google Express is having a big sale as well, one that includes deals on game consoles, AirPods, iPhones, laptops and more.Below I’ve rounded up a handful of individual items I consider to be the cream of the crop, followed by a handy reference guide to other Labor Day sales. Keep in mind, of course, that products may sell out at any time, even if the sale itself is still running. Note that CNET may get a share of revenue from the sale of the products featured on this page. $210 at Best Buy Best laptops for college students: We’ve got an affordable laptop for every student. Best live TV streaming services: Ditch your cable company but keep the live channels and DVR. Share your voice TVs Speakers Mobile Accessories Cameras Laptops Automobiles Smart Speakers & Displays $999 Spotify and most other streaming services rely on compressed audio, which robs the listener of full fidelity. Enter Tidal, the only “major” service that delivers lossless audio — meaning at least on par with CD quality, if not better. Want to see (er, hear) the difference for yourself? Grab this excellent extended trial while you can. It’s just $6 for three months, and it’s good for up to six listeners. See at Amazon DJI Osmo Action camera: $261 (save $89) Amazonlast_img read more

BSE closes points 13306 down on Feb 6

first_imgBSE closes points 133.06 down on Feb 65.5K views00:00 / 00:00- 00:00:0000:00BSE closes points 133.06 down on Feb 65.5K viewsBusinessNew Delhi, Feb 6 (ANI): Trading at the Bombay Stock Exchange today closed 133.06 points down to stand at 28,717.91 at the National Stock Exchange the Nifty closed 50.65 points down to stand at 8,661.05. BHUSHAN STEEL LTD. and HDIL were among the top gainers of Group A with an increase of 11.96% and 8.30% along with INDIA CEMENTS LTD. and PMCFIN with an increase of 5.25% and 4.95% respectively, while the top losers of Group A include CEATLTD and PTC with a decrease of 7.09% and 6.46% along with APOLLOTYRE and JAMMU and KASHMIR BANK LTD. with a decrease of 5.93% and 5.87% at the close of the markets. The Auto sector is down 541.95 points at 19,051.97, while the banking sector is down 277.77 points at 21,535.42 and the reality sector is down 11.37 points at 1,746.32. The Indian currency is up 0.03% at Rs 61.75 per dollar.Ventuno Web Player 4.50New Delhi, Feb 6 (ANI): Trading at the Bombay Stock Exchange today closed 133.06 points down to stand at 28,717.91 at the National Stock Exchange the Nifty closed 50.65 points down to stand at 8,661.05. BHUSHAN STEEL LTD. and HDIL were among the top gainers of Group A with an increase of 11.96% and 8.30% along with INDIA CEMENTS LTD. and PMCFIN with an increase of 5.25% and 4.95% respectively, while the top losers of Group A include CEATLTD and PTC with a decrease of 7.09% and 6.46% along with APOLLOTYRE and JAMMU and KASHMIR BANK LTD. with a decrease of 5.93% and 5.87% at the close of the markets. The Auto sector is down 541.95 points at 19,051.97, while the banking sector is down 277.77 points at 21,535.42 and the reality sector is down 11.37 points at 1,746.32. The Indian currency is up 0.03% at Rs 61.75 per dollar.last_img read more

The Secret Life of Pets 2 Again Tops Studios TV Ad Spending

first_img$5.36M – Aladdin Disney Already Clashing With 20th Century Fox After Billion-Dollar Deal Impressions: 190,666,683Attention Score: 95.39Attention Index: 141National Airings: 622Networks: 32Most Spend On: NBC, TNTCreative Versions: 6Est. Lifetime TV Spend: $5.60MStudio: Columbia PicturesStarted Airing: 12/20/18 Impressions: 310,489,049Attention Score: 92.90Attention Index: 109National Airings: 1,591Networks: 45Most Spend On: TNT, Adult SwimCreative Versions: 33Est. Lifetime TV Spend: $18.36MStudio: Twentieth Century FoxStarted Airing: 04/08/19 TV ad placements for Twentieth Century Fox’s “Dark Phoenix” (EMV: $5.27 million), Columbia Pictures’ “Men in Black: International” ($4.1 million) and Paramount Pictures’ “Rocketman” ($3.5 million) round out the chart. Notably, “Men in Black: International” has the best iSpot Attention Index (141) in the ranking, getting 41% fewer interruptions than the average movie ad (interruptions include changing the channel, pulling up the guide, fast-forwarding or turning off the TV). 1 Movie titles with a minimum spend of $100,000 for airings detected between 05/20/2019 and 05/26/2019.* TV Impressions – Total TV ad impressions delivered for the brand or spot.* Attention Score – Measures the propensity of consumers to interrupt an ad play on TV. The higher the score, the more complete views. Actions that interrupt an ad play include changing the channel, pulling up the guide, fast-forwarding or turning off the TV.* Attention Index – Represents the Attention of a specific creative or program placement vs the average. The average is represented by a score of 100, and the total index range is from 0 through 200. For example, an attention index of 125 means that there are 25% fewer interrupted ad plays compared to the average.Variety has partnered with iSpot.tv, the TV ad measurement and attribution company, to bring you this weekly look at what studios are spending to market their movies on TV. Learn more about the iSpot.tv platform and methodology. Related $5.27M – Dark Phoenix $7.12M – The Secret Life of Pets 2 Impressions: 429,311,986Attention Score: 90.39Attention Index: 81National Airings: 1,588Networks: 50Most Spend On: NBC, NickCreative Versions: 45Est. Lifetime TV Spend: $28.58MStudio: Universal PicturesStarted Airing: 11/22/18 Impressions: 431,589,357Attention Score: 86.01Attention Index: 56National Airings: 1,182Networks: 40Most Spend On: NBC, ABCCreative Versions: 58Est. Lifetime TV Spend: $29.98MStudio: Walt Disney PicturesStarted Airing: 10/11/18 Box Office Report Card: Studios Get Their Summer Grades Top Movie Commercials by Weekly TV SpendData provided by iSpot.tv Popular on Variety $3.5M – Rocketman Impressions: 241,768,873Attention Score: 92.12Attention Index: 99National Airings: 613Networks: 21Most Spend On: NBC, ABCCreative Versions: 18Est. Lifetime TV Spend: $18.90MStudio: Paramount PicturesStarted Airing: 10/09/18 In this week’s edition of the Variety Movie Commercial Tracker, powered by TV ad measurement and attribution company iSpot.tv, Universal Pictures claims the top spot in spending for the second week in a row with “The Secret Life of Pets 2.”Ads placed for the animated film had an estimated media value of $7.12 million through Sunday for 1,588 national ad airings on 50 networks. (Spend figures are based on estimates generated from May 20-26. Estimates may be updated after the chart is posted as new information becomes available.) Universal prioritized spend across networks including NBC, Nick and TNT, and during programming such as NBA Basketball, “The Voice” and “NBA Full Court Press.”Just behind “The Secret Life of Pets 2” in second place: Walt Disney Pictures’ “Aladdin,” which saw 1,182 national ad airings across 40 networks, with an estimated media value of $5.36 million. $4.1M – Men in Black: International ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15last_img read more

Feet may be the key to hand evolution

first_imgImage: Wikimedia Commons. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. In research reported in the journal Evolution, a team of scientists, led by Campbell Rolian from the University of Calgary, took extensive measurements of the feet and hands of chimpanzees (genetically, our closest relatives) and humans to try to find out how the extremities of our chimp-like ancestors might have evolved. They found there was a definite correlation between measurements of similar areas of the foot and hand, so for example if the big toe was long, the finger was also long. Dr Rolian speculated the correlation between toes and fingers may be because they share a similar genetic “blueprint”, so minor changes to the blueprint would affect both hands and feet.Once they had the anatomical measurements, the team used the data to create a mathematical simulation of the evolution of the hands and feet from those of our chimp-like ancestors to humans. The model simulated the evolutionary pressures and changed the shape of the feet or hands in small increments to see what effects the changes would have. They discovered that changes made to the feet also caused corresponding changes to the hands, particularly in the relative lengths of fingers and toes, and Dr Rolian said these changes may have allowed the hands of early hominins, including Neanderthals, the dexterity required to use stone tools.The scientists say the capacity to walk upright on two feet is linked intrinsically to the emergence of the use of stone tools. Dr Rolian said the findings go “back to Darwin’s The Descent of Man,” since Darwin was one of the first scientists to consider there might be a link between walking upright and using stone tools. But Darwin’s idea was that bipedalism evolved first, and this freed the hands, which could then be used for purposes other than locomotion, while Rolian’s work suggests they evolved together.Professor Robin Crompton at Liverpool University in the UK, said the feet and hands of chimpanzees may not necessarily be good models for those of human ancestors, and suggested the extremities of lowland gorillas may be more “interesting” in this respect. He also said the shape and biomechanics of hands and feet were more complex than simple anatomical measurements might suggest.Professor Crompton is head of the university’s Primate Evolution and Morphology Research Group. His research has found that orang-utans, which are tree dwellers, are more like modern humans in bipedal walking than the chimpanzees, and his work suggests bipedalism may even have arisen as early as 24 million years ago. © 2010 PhysOrg.com (PhysOrg.com) — Scientists in Canada have used a mathematical model to simulate the evolution from an ape-like hand to the modern-day human hand, and discovered that changes in our fingers and hands developed in parallel changes in our toes and feet. Explore further Citation: Feet may be the key to hand evolution (2010, January 20) retrieved 18 August 2019 from https://phys.org/news/2010-01-feet-key-evolution.html More information: THE CO-EVOLUTION OF HUMAN HANDS AND FEET, Evolution, DOI:10.1111/j.1558-5646.2009.00944.x Early human ancestors had a wobble in their walklast_img read more

2 women beaten by NSCI staff

first_imgTwo women including an advocate were allegedly beaten by the employees of the National Sports Club of India (NSCI) club situated at the Mathura road in the New Delhi district over non-payment of bills on Wednesday night. According to the police, Gulshan Mahajan, a member of the elite club had organised a party at the NSCI club. Around 12.30 am, when the party got over, Gulshan’s family had an argument with the office-bearers of the club over non-payment of bills. Also Read – Man arrested for making hoax call at IGI airportPolice said that the woman’s daughter, who is an advocate, claimed that the family will make payments on the next day which infuriated the club office-bearers and they blocked the gates of the club. The argument turned into a scuffle when the employees attacked two women including Gulshan Mahajan and her daughter. Gulshan Mahajan’s family later informed the police and a case of physical assault under Section 354 (assault or criminal force to woman with intent to outrage her modesty) of the IPC.last_img read more

Screening of The Accidental Prime Minister cancelled in Kolkata

first_imgKolkata: The screening of “The Accidental Prime Minister” was on Friday cancelled at a Kolkata theatre due to security reasons amid protest demonstrations by youth Congress activists, police said. The film, directed by Vijay Ratnakar Gutte, released on Friday. It is based on a book with the same title written by Sanjaya Baru, who was media advisor to Manmohan Singh when he was Prime Minister. Baru’s book was published on April 20, 2014. Also Read – 3 injured, flight, train services hit as rains lash BengalActor Anupam Kher portrays the role of Singh while Akshaye Khanna stars as Baru. According to the viewers at the Hind Cinema near central Kolkata’s Chandni Chowk area, the show was cancelled after screening for just 10 minutes on its opening day. “The afternoon screening of ‘The Accidental Prime Minister’ has been cancelled due to security reasons. There was an agitation by a certain group outside the hall,” a senior officer of Kolkata Police said told IANS. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killed However, he could not confirm whether the next shows of the film will be screened as scheduled. State youth Congress leadership claimed the content and the title of the film is derogatory towards Singh and other senior leaders of Congress and demanded that the film be banned. “The tile of the film itself is derogatory. What did the filmmaker want to imply by calling Manmohan Singh an accidental prime minister? Close to 100 activists of youth Congress in Kolkata protested in front of the theatre. It is good the screening has been stopped,” Bengal Youth Congress President Shadab Khan told IANS. Asked whether forcing to cancel the screening of a film can be termed as violation of freedom of speech, the leader said sentiments of the party workers have been hurt by the film. “The agitation was held as the sentiments of our activists were hurt. However, we are not planning any other agitations here as of now,” he added.last_img read more

Pet fed comes back with 4th edition

first_imgPet Fed, a two-day festival, is back with its 4th edition in the Capital with some Bollywood celebrities supporting and taking part in the event.Powered by Dogsee, the pet festival is coming back with its 2017 edition in Delhi on December 2-3 at NSIC Grounds in Okhla and will have its debut edition in Mumbai on December 17-18 at MMRDA Grounds, BKC, said a statement. Anticipating more than 25,000 pet parents and 4000 pets, this year’s pet extravaganza will witness engagements into fashion shows, talent shows, workshops, police dog shows, dog art gallery and even a world record attempt. Also Read – Add new books to your shelfAnd if your pets have some cool tricks in their repertoire, enroll them for the Pet’s Got Talent, happening for the first time in India and show off how well they can jump through a loop, play dead on command or any other such fascinating trick.After creating waves in Delhi, Pet Fed is set to give every pet parent and animal lover a chance to spend two days with these loving creatures who love us unconditionally and to reciprocate the love they deserve in Mumbai as well. Also Read – Over 2 hours screen time daily will make your kids impulsivePet Fed is India’s biggest pet festival curated to celebrate the love people have for animals. The entire concept of Pet Fed was started by the young entrepreneur Akshay on the belief that there’s an event for every passion of human being, be it music, art, fashion or comedy, but nothing for people who like animals. Pet Fed was curated to fill this very gap in the market.When: December 2 – 3Where: NSIC Grounds, Okhla, New Delhi Timing: 11 am – 9 pmlast_img read more

Crazy Insane Startups Are This Tech Investors Meat and Potatoes

first_img 5 min read Bryan Johnson, a serial tech entrepreneur turned investor, isn’t interested in finding the next buzzy startup like messaging app Snapchat. Sure, he hopes to make money. But unlike many venture capitalists, he doesn’t seek to underwrite frivolous companies whose biggest innovation is getting more people to click on ads. Johnson is instead attracted to ideas that seem insane and impossible.“I want to get a company from ‘crazy’ to ‘viable,’” Johnson told Fortune. “With today’s technology, we can now create in days, weeks or months what previous generations couldn’t do in a lifetime. Where DaVinci could sketch, we can build. Yet, we don’t have sufficient resources and people pursuing these goals.”On Monday, Johnson, who is best known as a founder of online payment processing company Braintree, announced that he has created a $100 million fund to invest in startups working on outlandish projects.He has already invested $15 million in seven startups. Planetary Resources, one of those companies, wants to spark an interstellar gold rush by mining asteroids for precious metals. Another called Vicarious wants to build a computer system that learns like the human brain. Human Longevity aims to lengthen the human life span to 120 years. Meanwhile, Matternet is fine-tuning a new kind of $3,000 drone for emerging markets and third-world countries.For every startup Johnson funds, he turns away many more — at least 95% of the ones he sees.“I invest in entrepreneurs who understand generally where the world is going, the enormous power of their tools and the enormous stakes that we have,” he says.In Matternet’s case, the Palo Alto startup certainly didn’t invent drones, but the company may be the first targeting the developing world. “You can’t get critical supplies to parts of Africa and Asia today — the roads are just too bad,” explains Johnson.Matternet CEO Andreas Raptopoulous contends people who will benefit most from drones won’t be Amazon customers (sorry, Jeff Bezos), but those who need food, medicine and other basic necessities in hard-to-reach places like Bhutan, where Matternet has already experimented with a prototype capable of traveling 15 miles carrying 4.4 lbs. of cargo. A 7.5 mile drive from Bhutan’s capital of Thimpu to a remote spot takes a car between 1 and 4 hours depending on weather and road conditions, but a Matternet drone accomplished the same trip in 14 minutes.Promising as ventures like Matternet are, Johnson recognizes he’s taking a serious risk as an investor. There’s little-to-no guarantee any of the startups he invests in will make it big. “It’s much harder to vet the likelihood of these companies than it is a web startup,” he admits. “You may have a 1 in 10 hit rate for someone building software for something. Here, you have a hit rate of 1 in 100 or 1 in 1,000.”That Johnson is plowing ahead anyway isn’t surprising to those who know him well. By the time he was nine, Johnson showed a penchant for exploration, traipsing the woods in and around Springville, Utah, where he grew up.“I think it’s the culmination of what he’s been working for his whole life,” says Candace Mouritsen, Johnson’s sister and an early employee at several of her brother’s startups.Rather than chase after his own interstellar dreams, Johnson became an entrepreneur. Two startups, including an Internet voice business, went bust by 2003. Two or three years later, Johnson drummed up the idea for a credit card processing system aimed at high-tech merchants. The smartphone market was in its infancy, and the credit industry then was plagued with what Johnson calls “unscrupulous” competitors.So he left his job working in a strategy group at Sears and started Braintree. Six years later, Braintree was processing $12 billion a year in payments from clients including Uber, Airbnb and OpenTable. The business was doing well enough such that suitors came knocking, and in the fall of 2013, PayPal acquired Braintree for $800 million.Now Johnson plans to use $100 million of his own cash for OS Fund, a name he coined that refers to the technical term “operating system.” Kitschy as it may sound to some, he wants to invest in startups developing products and services that radically improve quality of life. So when Johnson refers to the OS Fund, he’s not talking about some computer operating system, but what he dubs the “operating system of life.”If his investments seem unusual and far-flung, it’s with reason: Johnson avoids startups that are more bent on commercial success than addressing deeper societal challenges. And if Johnson comes across as downright eccentric because of his fund, so be it. He’ll also be in good company for now, joining a group of forward-thinkers behind Tesla, the high-performance electric carmaker, and Google’s research lab Google X, known for working on sci-fi projects like self-driving cars and glucose-tracking contact lenses.“I think the winds will shift,” Johnson says. “There will be a shift in the kinds of things people aspire to do. Funding and supporting hard problems will become cool in a company in a couple of years.”Spoken like a true futurist. Register Now » Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global This story originally appeared on Fortune Magazine Growing a business sometimes requires thinking outside the box. October 20, 2014last_img read more

Origin DApp A decentralized marketplace on Ethereum mainnet aims to disrupt gig

first_imgThe Origin DApp is a decentralized marketplace on the blockchain mainnet. It launched last week and is in the beta stage. Purpose of the Origin DApp Large organizations like Airbnb or Uber often charge 20-30% as commission for providing a service. One of the goals of Origin mainnet is to host such services that are peer-to-peer. This will eliminate the middleman and the cost of services will go down. Think of it like Craigslist, but Ethereum based and decentralized on a blockchain network. Your account would be your Ethereum wallet. To transact on the Origin DApp, a crypto wallet needs to be attached to your browser. For doing this, the Metamask extension is a good option which available for both Chrome and Firefox. Also, communication is done via Origin Messaging directly between the seller and the buyer. Features of Origin DApp Some of the important features of this DApp are: Smart contract for the marketplace The marketplace contract implements transactions in multiple steps, dispute management, and optional affiliate commissions. It uses ETH and/or any ERC-20 tokens as currency. The Origin token OGN is an ERC-20 token integrated with the marketplace smart contracts. The token is meant to incentivize behaviors that will bootstrap the network and also protect against negative behaviors. The Origin token is meant to reward behaviors that will help the network flourish and safeguard against bad actions. Search You can use the search bar at the top to query listing data by keyword, category, and price. The listings are loaded directly from the blockchain. Resolving conflicts In case of a conflict between a seller and buyer, there is a workflow for dispute resolution. As of now, Origin is the only arbitrator on the platform, but more decentralized solutions are expected in the future. Future work Currently, listings like rentals, ticketing, and e-commerce are not supported. There is no mobile app, advanced search, and no JS SDK for third-party developers to build DApps on the platform. Future plans include enabling third-party developer partners to build on Origin, improving user experience, launching a mobile app/wallet, support for more types of listings, and hardening the infrastructure for greater security and scalability. Since Origin is in the beta stage, currently there are no push or email notifications available. There is a team to resolve any disputes. There needs to be enough abstraction to hide away the complexities of using a service on a blockchain to see mainstream adoption. It can take years for that to happen, for a regular cabbie or hotel owner to understand and use a ‘decentralized marketplace’. For more details, visit the Origin post on Medium and the beta website. To get started, here’s a demo video. Read next Vitalik Buterin says Ethereum 2.0 research has stabilized and might launch next year Ethereum Constantinople hard fork to move Ethereum from PoW (proof-of-work) to PoS (proof-of-stake) model Vitalik Buterin’s new consensus algorithm to make Ethereum 99% fault tolerantlast_img read more

The 30Year FixedRate Mortgage Rises Above 4 Percent

first_img in Daily Dose, Data, Featured, News, Origination June 11, 2015 567 Views In response to the positive Bureau of Labor Statistics (BLS) employment data released on Monday, the 30-year fixed-rate mortgage rose above 4 percent this week for the first time since November 2014. Freddie Mac’s Primary Mortgage Market Survey (PMMS), revealed that the average fixed mortgage rates averaged 4.02 percent for the week ending June 11, 2015.”Mortgage rates rose above 4 percent for the first time since November 2014 as Treasury yields surged,” said Len Kiefer, deputy chief economist at Freddie Mac. “Markets are responding to strong employment data. In May, the U.S. economy added 280,000 jobs. Moreover, job openings surged to 5.4 million in April, up over 20 percent from a year ago.”Last week’s mortgage rates averaged 3.87 percent, while this week’s rates averaged 4.04 percent with an average 0.6 point for the week, according to Freddie Mac. At this time a year ago, the 30-year FRM averaged 4.20 percent.According to the survey, the 15-year FRM this week averaged 3.25 percent with an average 0.6 point, up from last week when it averaged 3.08 percent. A year ago at this time, the 15-year FRM averaged 3.31 percent.As consumers rush to purchase homes as interest rates rise, mortgage applications also saw an increase this week. Yesterday, the Mortgage Bankers Association (MBA) determined that mortgage applications increased by 8.4 percent for the week ending June 5, 2015 from one week earlier, according to data from their Weekly Mortgage Applications Survey.”Mortgage application volume rebounded strongly in the week following the Memorial Day holiday, indicating that the holiday had a larger impact on business activity than originally assumed,” said Mike Fratantoni, MBA’s chief economist. “Comparing volume over the past two weeks, purchase activity is up over 6 percent, while refinance activity is down 5 percent. Strong job gains in May and initial signs of wage growth are supporting the purchase market.”Zillow also reported yesterday that the 30-year fixed mortgage rate on Zillow Mortgages is currently at an eight-month high of 3.96 percent, up eighteen points from this time last week.”Rates jumped sharply last week – first on the heels of news that the European Central Bank’s bond buying program may end sooner than expected, then an exceptionally strong U.S. jobs report,” said Erin Lantz, VP of mortgages at Zillow. “We expect less volatility in this data-light week.” Sharecenter_img The 30-Year Fixed-Rate Mortgage Rises Above 4 Percent 30-Year Fixed Mortgage Rates Bureau of Labor Statistics Freddie Mac Primary Mortgage Market Survey 2015-06-11 Staff Writerlast_img read more