Saturday, 20 June 2015


 South Korean automakers, originally seen as laggards in quality, are quickly closing the gap with their competitors, a major study shows.

In the initial quality study released this week by the market research firm J.D. Power, Kia ranked second and Hyundai fourth. It was the first time since the study was started 29 years ago that Kia led nonpremium brands in initial quality.

And, although Lexus, Toyota and Honda were above the industry average in initial quality, when all Japanese brands were combined, they fell below the industry average, 112, for the first time.

“The astonishing thing is the improvement rate of the Koreans,” said Renee Stephens, vice president for United States automotive quality at J.D. Power, in a telephone interview. While the industry over all improved by 3 percent, the South Korean automakers improved 11 percent.

“It’s a clear shift in the quality landscape,” Ms. Stephens said. “It’s changing the pace that you need to be at in order to be ahead.”
Japanese brands as a whole improved at a rate of 1 percent, while the domestic automakers and European automakers improved by 3 percent, Ms. Stephens said.

The initial quality study measures problems experienced by buyers and lessees of new vehicles in the first 90 days of possession.
J.D. Power then ranks brands by the number of problems reported per 100 vehicles; the lower the number of problems, the higher the ranking. This year’s study included 215 models and 33 brand rankings. More than one problem can be recorded per vehicle.

South Korean brands led the industry in initial quality by the widest margin ever, averaging a score of 90 problems per 100 vehicles. For the first time in the study, European brands, with a score of 113 per 100, surpassed Japanese brands, with 114. Domestic makes, with 114, equaled the Japanese for only a second time.

Communications technology continues to be the biggest problem category, with voice recognition remaining No. 1. The majority of models in the study that had voice recognition systems had 10 or more problems related to that feature per 100 vehicles. And the number of owners who said they had voice recognition has increased to 67 percent in 2015 from 57 percent in 2013.

Porsche was ranked the most reliable brand for the third consecutive year with a score of 80 problems per 100.

After Porsche, brands that rounded out the top 10 were Kia, 86 problems per 100; Jaguar, 93; Hyundai, 95; Infiniti, 97; BMW, 99; Chevrolet, 101; Lincoln, 103; Lexus, 104; and Toyota, 104.

The bottom five were Jeep, 141; Subaru, 142; Chrysler, 143; Smart, 154; and, in last place, Fiat, 161.

The vehicle with the fewest problems was the Lexus LS, 61 per 100. It was followed by the Porsche 911, 65; and the Chrysler 300, 66. The Chrysler 300 was the nonluxury model and the domestic model with the fewest problems.

This year’s study is based on responses from 84,000 owners or lessees of 2015 vehicles.

The survey covers 233 questions about possible problems, which include mechanical defects and malfunctions as well as design issues.






SEATTLE — With hometown companies like Amazon and Microsoft, this bustling region on the Puget Sound easily ranks in the top tier of technology hubs in the United States.

But the area lags its peers in one glaring way: It is home to a single major research university, the University of Washington, while nearly every other big technology scene in the country has at least two.

For years, that weakness has stoked local unease about whether the gap between the supply of people with computer-related degrees and the surge in demand for those skills could impede the region’s economy. “We’ve long realized we’re at a relative competitive disadvantage when it comes to higher education,” said Bradford L. Smith, Microsoft’s general counsel.

On Thursday, Seattle’s top academic and business leaders unveiled a plan to create a new institute of learning, with the goal of strengthening the educational foundation of the region’s high-tech economy.

The institute, the Global Innovation Exchange, is a partnership between the University of Washington and one of China’s leading research universities, Tsinghua University.

It will open in fall 2016 with a master’s degree program in technology innovation.

Microsoft will contribute $40 million to help the institute get started.

Some of the money will go toward creating a base for the institute in a large new urban development project in Bellevue, Wash., about 10 miles from the University of Washington’s main campus.

Faculty for the school will come from the University of Washington, Tsinghua and, eventually, a couple other international universities the Global Innovation Exchange expects to attract as partners.

It will start with only a few dozen students, but the institute has a goal of more than 3,000 a decade from now.

Tsinghua is expected to help recruit Chinese students to the institute, providing an important global aspect, said Ana Mari Cauce, interim president of the University of Washington.

“This will be the first time a Chinese university has a physical spot in the U.S.,” Dr. Cauce said in an interview before the public announcement of the institute. “That’s a big deal.”

The institute will not initially grant undergraduate degrees, which will limit its potential to make a dent in the region’s deficit of technology talent, at least in the near term. But the participants in the project said it was too early to predict what the institute could eventually become. “Fundamentally, it’s about looking ahead a decade and a century,” Mr. Smith said.

A 2013 report by the Washington Student Achievement Council, a state agency focused on education, said the state needed to produce more than 2,700 additional bachelor’s degrees annually in computer science to meet projected employer demand in the region through 2021.
The University of Washington currently awards about 300 computer science degrees a year.

Glenn Kelman, chief executive of Redfin, an online real estate company based in Seattle, said he had never seen a region so solely dependent on one research institution. “I was shocked when I got here,” Mr. Kelman said. “Really, it’s Microsoft and Amazon and a dozen other companies our size and hundreds of even smaller ones picking over the same group of graduating computer scientists. It’s an incredibly small group of people.”

Silicon Valley’s development is closely linked to the strength of two institutes of higher education, one public and the other private, the University of California, Berkeley and Stanford.

The University of Washington, a public university, has one of the top computer science programs in the country.

But it turns away a significant number of students applying for computer science because it has not had enough money to increase capacity.

The university is seeking to graduate more computer science students through an effort separate from the Global Innovation Exchange. Last week, it announced that Microsoft was the lead donor, with a $10 million gift, for a $110 million effort to build a new 130,000-square-foot computer science building, one that will allow the university to double, to 600, the number of degrees it awards annually in the field.

The institute will not concentrate on long-term research at first, focusing instead on “project-based learning,” in which students work on intensive, short-term undertakings.
The first students will work on projects related to wearable technology and the Internet of things.

“China and the United States are two leading economies with enormous strengths in technological innovation,” said Qiu Yong, president of Tsinghua University. “The higher educational collaboration between them facilitates the scientific and technological progress and social development around the world.”

The Global Innovation Exchange was inspired partly by Cornell Tech, an effort to create a major new computer science-focused campus on Roosevelt Island in New York.

That project, which had its groundbreaking this week, also has an international partner in Technion-Israel Institute of Technology. The Cornell project will involve close collaborations with technology companies, partly to make it more responsive to industry trends.

Daniel P. Huttenlocher, the dean of Cornell Tech, said he was excited to see the institute in the Seattle area get off the ground.

“These are leading-edge experiments in how to educate students for a new kind of world,” said Dr. Huttenlocher, who spoke with the University of Washington educators as they were planning the project.

In a nod to one of the top technical universities in the country, M.I.T., the Massachusetts Institute of Technology, the founders of the Global Innovation Exchange have already taken to referring to it by the initials G.I.X. They even occasionally pronounce the name as “geeks.”

“These days geeks rule,” Dr. Cauce said.



Shares of Fitbit soared in their trading debut on Thursday, even after the company priced its initial public offering above an already heightened range.

The shares opened at $30.40 on Thursday morning, up 52 percent from the I.P.O. price of $20. They closed up 48.4 percent, or $9.68, at $29.68.

The company, which sells popular wearable fitness-tracking devices like the Fitbit Surge bracelet, raised the price above its previous range of $17 to $19 a share and increased the size of the deal to 36.6 million shares from 34.5 million.

The company raised $732 million for itself and its selling stockholders.

The I.P.O. price valued Fitbit at $4.1 billion.

The shares trade on the New York Stock Exchange under the symbol FIT.

The strong market debut reinforces the company’s bet that consumers will continue to buy fitness bands even as other, more complex smartwatches like the Apple Watch and various Android competitors hit stores. In addition to tracking users’ heart rates and steps, the newer devices offer access to email, text messages and other applications.

James Park, Fitbit’s chief executive, is confident that the company can maintain its leadership role in the industry.

“We are the clear market leader with 85 percent market share,” Mr. Park said in a interview. “Fitbit is synonymous with health and fitness tracking, and that gives us a competitive advantage in the marketplace.”

He also pointed to what he called the company’s powerful user base and its value as a social network.

Mr. Park said the cash from the I.P.O. would help the company continue to expand.

“It gives us a lot of capital to grow the business,” Mr. Park said, adding that it would allow for investments in software, hardware and perhaps even acquisitions, like its purchase earlier this year of FitStar, the developer of fitness apps.

Fitbit’s sales more than tripled last year, to $745.4 million. The company earned $131.8 million, reversing a nearly $52 million loss in the previous year.

Growth in the sector appears to show few signs of slowing in the near term. The number of wearable fitness devices used by customers is expected to triple by 2018, to more than 70 million, according to a report by Juniper Research in November.



The stock market has generally been receptive to popular consumer electronics companies. Among the strongest debuts last year was that of GoPro, the maker of action video cameras, which as of Thursday was trading at more than double its initial public offering price.

Fitbit’s stock sale was run by Morgan Stanley, Deutsche Bank and Bank of America Merrill Lynch.



http://www.nytimes.com/2015/06/19/business/dealbook/fitbit-shares-surge-52-percent-in-market-debut.html

Thursday, 18 June 2015

SAN FRANCISCO — For the last two years, the normally dapper Jack Dorsey has hardly been seen at the offices of Twitter, the social networking company he co-founded, even though he works a block away.
So he shocked many when he returned on Thursday with a beard so wild that his own mother made fun of it on Twitter.
“He looked like a mountain man back from the wilderness,” not the incoming leader of one of the world’s largest social networks, said one person who has worked closely with Mr. Dorsey in the past but spoke on the condition of anonymity because of the unusual circumstances of his return.
Mr. Dorsey, 38, is a figure of legend to newer Twitter employees, and remembered with varying degrees of fondness and fear by those who worked with him during his earlier stints there.
Twitter unexpectedly announced on Thursday that Mr. Dorsey would become its interim chief executive while the company’s board searched for a replacement for Dick Costolo, who will step down on July 1.
As the man who sent the first tweet in 2006 and a product visionary who led the company in its early years, Mr. Dorsey helped make the micromessaging service into a global platform that now has more than 300 million active users, from celebrities like President Obama and Katy Perry whose tweets are followed by millions to ordinary people with just a few dozen followers.

 
But Mr. Dorsey was also a major player in the executive turmoil that has plagued the company throughout its existence, most recently in 2011 when he briefly oversaw product development after he helped install Mr. Costolo as chief executive in a boardroom coup that ousted another co-founder, Evan Williams, from the job.
Mr. Dorsey was the driving force for many of Twitter’s product innovations during that time, like the ability to embed tweets on other sites, but was also a polarizing figure, firing product managers and fostering an atmosphere of secrecy and paranoia, according to current and former associates.
Mr. Costolo, a former entrepreneur and stand-up comedian, has strived to create a more open, collaborative culture at the company.
He has built up Twitter’s advertising business, but has largely failed to fix persistent product problems that make it difficult to attract new users.
Mr. Costolo has also been criticized for making rapid-fire decisions without a clear strategy guiding them.
It is not clear what role Mr. Dorsey — Twitter’s chairman as well as the chief executive of Square, an e-commerce company — played in Mr. Costolo stepping aside.
Mr. Costolo declined to comment on Friday, and Twitter spokesmen did not respond to requests for comment.
A spokesman for Twitter’s board declined to comment, as did a spokesman for Square.


Sunday, 14 June 2015










Last Saturday, the Queen of England turned 89 and to mark the occasion. the Royal Guards conducted the trooping of colours
 
On the Balcony of the Buckingham Palace were the Queen herself and her three heirs to the British Throne
 
Prince Charles, first on the line and his wife Carmilla
 
Prince William, second on the line and his wife Kate
 
And little Prince George, third on the line in his Father's arms
 
 





http://www.people.com/people/gallery/0,,20930550,00.html?xid=rss-topheadlines&utm_source=fitsugar.com&utm_medium=referral&utm_campaign=pubexchange_article#30348482

Pregnant Woman Who Vanished Right Before She Was Due to Give Birth Has Been Found


A pregnant North Carolina woman who disappeared before she was due to give birth via C-section last Tuesday has been found. 

Deputies located 49-year-old Carrie Bradshaw-Crowther at a gas station in Boone, North Carolina, after her ATM card was used at a nearby CVS, 
WSOC reports. 

When a deputy approached the woman, she said, "I am Carrie." The mother – who disappeared one hour before her scheduled C-section for a high-risk pregnancy – was taken to the hospital for evaluation. 

Daughter Lauren Lusk told 
NBC News that she went to get gas before driving her mother to the hospital on Tuesday. "When I got back, she was gone. The lights in the house were off, the door was unlocked," she said.
Her mother's car was missing along with her cellphone and wallet. However, her suitcase and purse remained. The family had not heard from Bradshaw-Crowther for six days and feared for her life. "She cannot give natural birth, and that's why our family is so worried," Lusk told WSOC. "Because if she does go into labor she won't make it." 

Family members, including her daughter, told reporters they were traveling to Boone to be with Bradshaw-Crowther in the hospital. Police have not released any information on the status of her pregnancy.

http://www.people.com/article/woman-vanished-before-c-section-found
 

Prince George Wears the Same Buckingham Balcony Outfit as His Dad Prince William Wore in 1984



Prince William and Prince George are getting good at this father-son matching thing.
 
For his Buckingham Palace balcony debut on Saturday, 22-month-old George wore a very special outfit: his dad's.
 
The blue romper with cream frill and gold buttons was worn by William for his balcony debut in 1984 when he was almost the exact same age as George. (Royal mom Princess Kate was also in a complementary look with a blue-and-white Catherine Walker coat dress.)
 
As George waved from above, the crowds below were thrilled for a glimpse of the little prince.

Recently Prince Williams and his 22 months old son Prince George were sighted at the Balcony of the Buckingham Palace enjoying the scenery















http://www.people.com/people/gallery/0,,20930550,00.html?xid=rss-topheadlines&utm_source=fitsugar.com&utm_medium=referral&utm_campaign=pubexchange_article#30348478





Saturday, 13 June 2015


TOKYO — WHEN Ariana Miyamoto was crowned Miss Universe Japan 2015, participants said she stole the show with a saucy strut, an infectious smile and a calm self-confidence that belied her 21 years. But it was not just her beauty and poise that catapulted her to national attention.
 
Ms. Miyamoto is one of only a tiny handful of “hafu,” or Japanese of mixed race, to win a major beauty pageant in proudly homogeneous Japan. And she is the first half-black woman ever to do so.
 
Ms. Miyamoto’s victory wins her the right to represent Japan on the global stage at the international Miss Universe pageant expected in January. She said she hoped that her appearance — and better yet, a victory — would push more Japanese to accept hafu. However, she said, Japan may have a long way to go.
 
Even after her victory in the national competition, local journalists have had a hard time accepting her as Japanese.
 
“The reporters always ask me, ‘What part of you is most like a Japanese?’ ” said Ms. Miyamoto, who has the long legs of a foreign supermodel, but shares the same shy self-reserve of many other young Japanese women. “I always answer, ‘But I am a Japanese.’ ”





“I had hoped winning Miss Universe Japan would make them notice that,” she added.
That may yet take some time. After she won, some people posted messages online criticizing the judges for choosing someone who did not look Japanese.
 
“Shouldn’t the Japanese Miss Universe at least have a real Japanese face?” demanded one.
But even larger numbers of Japanese seemed to rally to her defense: “Why can’t a Japanese citizen, who was born and raised in Japan, just be regarded as Japanese?” asked one typical posting.
 
The child of a short-lived marriage between an African-American sailor in the United States Navy and a local Japanese woman, Ms. Miyamoto grew up in Japan, where she says other children often shunned her because of her darker skin and tightly curled hair.
 
That experience has driven her to use her pageant victory as a soapbox for raising awareness about the difficulties faced by mixed-race citizens in a country that still regards itself as mono-ethnic.
 
“Even today, I am usually seen not as a Japanese but as a foreigner. At restaurants, people give me an English menu and praise me for being able to eat with chopsticks,” said Ms. Miyamoto, who spoke in her native Japanese and is an accomplished calligrapher of Japanese-Chinese characters. “I want to challenge the definition of being Japanese.”
 
HER self-proclaimed mission has raised eyebrows at a time when race relations are receiving new scrutiny in Japan, which had long seen itself as immune to the ethnic tensions of the United States.
 
The Fuji Television Network’s plans for a musical show featuring singers in blackface was canceled only after pressure from antiracism groups. A right-wing novelist and former adviser to Prime Minister Shinzo Abe also raised hackles at home and abroad for advocating apartheid-style segregation of races.
 
However, many here see Ms. Miyamoto’s victory as proof that Japan is slowly embracing a more multicolor image of itself.
 
With outright immigration still restricted to a trickle, much of Japan’s new diversity comes from the ethnically mixed children of marriages between Japanese and foreigners.
 
These hafu — a term that comes from the English word “half” — have gained increasing social prominence, especially in sports and on television.

http://www.nytimes.com/2015/05/30/world/asia/biracial-beauty-queen-strives-for-change-in-mono-ethnic-japan.html

Friday, 12 June 2015


One of the leading anti-virus software providers has revealed that its own systems were recently compromised by hackers.
Kaspersky Lab said it believed the attack was designed to spy on its newest technologies.
It said the intrusion involved up to three previously unknown techniques.
The Russian firm added that it was continuing to carry out checks, but believed it had detected the intrusion at an early stage.
Although it acknowledged that the attackers had managed to access some of its files, it said that the data it had seen was "in no way critical to the operation" of its products.
"Spying on cybersecurity companies is a very dangerous tendency," said the company's chief executive Eugene Kaspersky.
"The only way to protect the world is to have law enforcement agencies and security companies fighting such attacks openly.
"We will always report attacks regardless of their origin."

Remote computers

Kaspersky Lab said that it had detected the breach in the "early spring", and described it as "one of the most sophisticated campaigns ever seen".
The malware does not write any files to disk, but instead resides in affected computers' memory, making it relatively hard to detect.
Kaspersky linked the attack to the unidentified creators of an earlier Trojan named Duqu, which made headlines in 2011 after being used in attacks on Iran, India, France and Ukraine.
As before, the hackers are said to have exploited Microsoft software to achieve their goal.
Last time they made use of a flaw in Word.
This time, Kaspersky said, the malware was spread using Microsoft Software Installer files, which are commonly used by IT staff to install programs on remote computers.
"This highly sophisticated attack used up to three zero-day [previously unknown] exploits, which is very impressive - the costs must have been very high," commented Costin Raiu, director of Kaspersky Lab's global research and analysis team.
He warned that the firm had evidence "Duqu 2.0" attacks had also been made on other targets, including several venues used for talks between Iran and the West about Iran's nuclear programme.
The chief research officer of a rival computer security firm said he had had only a brief chance to look into the allegations, but added that it did appear to be a "big deal".
"Duqu 2.0 seems to be the biggest [cybersecurity] news of the year so far - it's major new malware from a major source," said Mikko Hypponen, chief research officer at F-Secure.
"But we have previously seen security companies used as a way to reach other targets.
"The prime example of this was RSA, which got hacked four years ago, when we believe the target was a defence contractor in the US, which used RSA's technology."
Kaspersky said that it was "confident" that its clients and partners remained safe.


 
Nike Inc. won an eight-year deal to make uniforms for the National Basketball Association, taking over for Adidas AG after that company’s contract runs out in 2017.
Nike will become the first apparel partner to have its logo appear on all on-court uniform designs, according to a statement Wednesday. The company is paying about $1 billion for the contract, according to a person familiar with the deal who asked not to be identified because the terms are private.
“Nike will be instrumental in our collective efforts to grow the game globally while applying the latest in technology to the design of our uniforms and on-court products,” NBA Commissioner Adam Silver said in the statement.
Adidas said in March that it decided not to renew its 11-year NBA partnership. The decision reflected a change of direction by the German company, which is putting more emphasis on developing new products and sponsoring individual players. Last year, Adidas signed deals with four of the top six NBA draft picks, including Andrew Wiggins and Joel Embiid.
Nike will now have the global rights to design and make jerseys, in addition to warm-up outfits and shooting shirts. The Beaverton, Oregon-based company was already the footwear and apparel provider for USA Basketball, the governing body for the country’s Olympic teams. Nike also has some of the NBA’s best-known players as endorsers, including Kobe Bryant and LeBron James. Greg Rossiter, a Nike spokesman, declined to discuss the terms of the deal.

Stock Gains

Shares of Nike rose 0.5 percent to $103.88 at the close in New York on Thursday. The stock has gained 8 percent this year.
The company, which has been a marketing partner of the sports league since 1992, also will make apparel for the WNBA and NBA’s development league.
“Having the Nike logo on the jerseys can help grow the business,” said Brian Yarbrough, an analyst for Edward Jones & Co. “The bigger aspect is it keeps the competitors’ logos off the jerseys.”
In the fiscal year through May 2014, Nike’s basketball-related sales rose 19 percent to $3.1 billion. It’s the company’s second-largest category after running.
This marks the second time Nike, the world’s largest supplier of athletic gear, will replace Adidas as the sponsor of a major U.S. sports league. It also took over the National Football League license for uniforms and apparel in 2012 from Adidas-owned Reebok.
Nike has been on a roll after revamping its struggling China division and benefiting from the trend of consumers wearing fashionable athletic gear as everyday apparel. That’s helped the company generate growth in mature markets including North America, where sales increased 10 percent to $3.25 billion last quarter.

Contact Form

Name

Email *

Message *

Total Pageviews

Powered by Blogger.

Sample Text

Blog Archive

 

Shop Now

Share

Share

Shop Now

Text Widget