Posts Tagged ph

Technology»

Beer, betrayal, a lost iPhone in Apple device tale

SAN FRANCISCO (Reuters) – Fearing "huge" losses in sales after pictures leaked of its fourth-generation iPhone, Apple Inc. convinced police to launch a felony investigation and Chief Executive Officer Steve Jobs contacted the offending Web site himself to try and recover the gadget.

A California court unsealed a search warrant on Friday in the case of the lost or stolen prototype 4G iPhone whose inner workings ended up on popular gadget site Gizmodo — weaving a bizarre tale of beer gardens, paranoid lawyers and emails to the Apple chieftain.

2010 05 18

Technology»

Study on cell phone link to cancer inconclusive

GENEVA (AP) – If there’s one lifestyle tool that’s ubiquitous, from American cities to remote villages of the developing world, it’s the mobile phone.

But with its meteoric rise came concerns about safety and whether it can cause brain tumors.

The frustratingly unresolved debate erupted again this week with the release of a $24 million U.N. study covering 13 nations that suggests frequent cell phone use may increase — albeit marginally — the chances of developing a rare but deadly form of brain cancer.

Technology»

Heart group backs video games in obesity campaign

Erica Maynard (left) and David Young demonstrate the Wii Fit Plus, Monday, May 17, 2010 in New York. The American Heart   Association and Nintendo are working together to show how active-play video games contribute to healthy living. (AP)
Erica Maynard (left) and David Young demonstrate the Wii Fit Plus, Monday, May 17, 2010 in New York. The American Heart Association and Nintendo are working together to show how active-play video games contribute to healthy living. (AP)

NEW YORK (AP) – Talk about strange bedfellows. The American Heart Association and Nintendo Co. are teaming up to promote the popular Wii video game console, as the health advocacy group concedes that its campaign for traditional exercise isn’t working.

The surprising partnership, announced Monday, comes amid growing concern about obesity among kids who spend much of their time watching television and playing video games.

Technology»

Apple’s iPhone replaces BlackBerry for some bankers

SINGAPORE/HONG KONG (Reuters) – British bank Standard Chartered is replacing the BlackBerry, currently its standard corporate communications device, with the iPhone, a move that could eventually result in thousands of bankers switching to the Apple device for business communication on the go.

Standard Chartered bankers in Asia told Reuters that the London-based lender was giving its corporate BlackBerry users the option of switching to the iPhone, with the company agreeing to continue to pay monthly billing for business-related telephone and data services.

Technology»

Google to stop selling smartphone online

SAN FRANCISCO (Reuters) – Google Inc is closing its 4-month-old online cell phone store, abandoning an ambitious plan by the Web search leader to redefine wireless retailing.

Google said on Friday it will stop selling its Nexus One smartphone through its online Web store and will instead work with partners to sell the device through retail outlets.

"It’s clear that many customers like a hands-on experience before buying a phone," Google Engineering Vice President Andy Rubin wrote on the company’s official blog announcing the change on Friday.

Technology»

E-readers, tablet computers set to take off: BCG survey

WASHINGTON (AFP) – Consumers worlwide are very interested in tablet computers like Apple’s iPad and electronic readers such as Amazon’s Kindle, and sales of the devices could take off when prices drop, according to a new survey.

"I think we’re already at the starting point of mass adoption," said John Rose of The Boston Consulting Group, which conducted the survey of nearly 13,000 consumers in 14 countries.

Business»

BSP forecasts exports to grow higher at 12%-14% in next 2 years

The Bangko Sentral ng Pilipinas (BSP) forecasts exports to grow by 12 percent to 14 percent next year and in 2012, as the global economy “rebalances” which would have a steady impact on Philippine exports.

Documents show that exports are expected to amount to $46.6 billion to a high of $48.3 billion in value terms for 2011, higher compared to this year’s projections of $41.6 billion to $42.4 billion, based on an 11 percent to 13 percent growth.

2010 05 17

Business»

US, ASEAN to boost SME trade financing

The United States and ASEAN are moving towards boosting trade financing facilities amid poor take-up by ASEAN exporters, particularly the Philippines, of existing facilities that are being offered by their respective countries and the Asian Development Bank to expand trade between ASEAN and US.

Business»

Remittances rise 7% to $4.34 billion in March

Remittances grew seven percent year-on-year in the first three months of the year to $4.34 billion, the Bangko Sentral ng Pilipinas (BSP) reported Monday.

For the month of March, overseas Filipinos sent home $1.55 billion from $1.41 billion in February. It was also 5.44 percent higher compared to March 2009 of $1.47 billion.

BSP said remittances from land-based and sea-based workers increased by six percent and 11 percent, respectively.

Business»

DBM releases P7.6 billion for mid-year bonus

The Department of Budget and Management (DBM) said Monday that government workers should already be receiving the first half of the year-end bonus and cash gift by this time as it released P7.6 billion.

“As in the past years, the grant of these benefits is timed with the pre-opening of classes as government’s way of assisting employees in paying tuition fees and other school requirements for their children,” Budget and Management Secretary Joaquin C. Lagonera, said.

Business»

Oil prices fall below $70 in Asia trade

SINGAPORE, May 17 (Reuters) – Oil fell below $70 a barrel on Monday, to its lowest in more than three months, extending a loss of nearly 17 percent over the past two weeks on fears over Europe’s debts, the weak euro and swollen US oil inventories.

The euro sank to four-year lows as angst over Europe’s debt crisis led investors to pull more money from stocks in favour of havens such as gold and Asian bonds.

US crude for June delivery fell more than $1.00 on Monday to as low as $69.82 a barrel, its weakest since Feb. 5. It was trading at $70.12 by 0303 GMT, down $1.49.

Business»

Fuel prices cut NENACO Q1 profit by 38%

Negros Navigation Company (NENACO), which has just emerged from corporate rehabilitation early this year, reported a 38 percent drop net income in the first quarter of the year to P47.3 million largely due to the sharp spike in fuel prices this year.

“Fuel prices rose almost 50 percent this year compared to last year causing our operating expenses to swell 39 percent,” said Nenaco Chairman Sulficio O. Tagud, Jr. adding that “with the fuel price hike, we pushed our revenues up to offset the additional fuel cost burden.”

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