Tag Archives: as

FACT CHECK: Can PCOO reclassify Rappler as ‘Social Media’ under Uson?

MANILA, Philippines – Assistant Secretary Mocha Uson has requested her boss, Presidential Communications Operations Office (PCOO) Secretary Martin Andanar, to reclassify Rappler from a bona fide member of the Malacañang Press Corps (MPC) to “Social Media” under her office. Uson said in her request: 
“The undersigned, pursuant to her mandate for social media respectfully requests clarification on a member of ... Read More »

Seattle’s housing market is growing twice as fast as San Francisco’s — signaling a tech exodus

(GeekWire Photo / Kurt Schlosser) Seattle’s housing market is seeing the fastest appreciation in home values in the country, according to the latest data from Zillow Group. The real estate data powerhouse released its September Market Report report Thursday and it shows Seattle’s home price growth is even outpacing Silicon Valley’s. Seattle’s median home value is $455,800, up 12.4 percent from a ... Read More »

iPhone 8 Sees ‘Better Than Expected’ Sales as iPhone X’s Super Cycle Pushed to 2018: Ming-Chi Kuo

When Apple begins shipping the iPhone X next month, the handset is expected to be in limited quantity, KGI Securities’ analyst Ming-Chi Kuo said in a note, corroborating several recent reports with similar findings. This expected long waiting period has already created a panic among customers, Kuo wrote, saying that many of them are purchasing the iPhone 8 and iPhone 8 Plus instead. According to Kuo, iPhone 8 sales ... Read More »

Trump taps Common Core foe as No. 2 at Education Department — but most key positions still vacant

President Trump just tapped as the Education Department’s No. 2 official a former state superintendent of South Carolina who opposes the Common Core State Standards and who in 2016 called Jeb Bush “the only candidate” prepared to be president. Trump announced Tuesday night that he was nominating Mitchell  Zais as deputy secretary of education, one of only a handful of ... Read More »

Imagination Technologies Sale to Canyon Bridge in the Clear as Rival Fund Ruled Out

HIGHLIGHTS Imagination said the sale could now go ahead without a shareholder vote The unnamed third-party is no longer involved in the sale process Canyon Bridge was announced to buy Imagination Tech for GBP 550 million Imagination Technologies, the British chip designer selling itself to a China-backed buyout fund, said on Wednesday another potential buyer had ruled itself out, removing ... Read More »

Stocks close at record highs as tech losses are offset by energy gains

U.S. stocks closed slightly higher on Wednesday, notching record highs, as a gain in the energy sector offset losses in tech. The Dow Jones industrial average rose 39.3 points to close at 22,158.18 — a record — with Chevron contributing the most to the gains. Apple, however, was the biggest loser in the index. The S&P 500 rose 0.1 percent and finished the session ... Read More »

Fake news a concern as Indonesians lap up social media

Indonesia’s daily number of Facebook users currently stands at around 65 million. (Photo: Chandni Vatvani) JAKARTA: Whether they are tweeting or posting, Indonesians love social media. According to Instagram, the country is its largest market in the Asia Pacific. Twitter too, says Indonesians are among its top five users worldwide, and Facebook – the social media favourite of Indonesians – ... Read More »

Foxconn to Build 3 Ancillary Facilities as Part of Wisconsin LCD Campus

Taiwanese electronics manufacturer Foxconn on Monday said it plans to build three facilities in the US state of Wisconsin for operation as early as next year, as part of a campus housing a $10 billion liquid crystal display (LCD) factory due for 2020. Foxconn, which makes electronics under contract for clients such as Apple, announced its $10 billion plan at the White House in July, ... Read More »

Sony Xperia Devices Claimed to Be Misrepresented as ‘Waterproof’ in New Lawsuit

HIGHLIGHTS Sony allegedly misrepresented water-resistance capabilities The company will need to settle with court again on December 1 The lawsuit seeks extension of warranty A US federal court in New York on Friday preliminarily approved a nationwide class action settlement against Sony regarding waterproof capabilities offered by certain Xperia smartphones and tablets. The class action lawsuit against the Japanese company alleges that it sold ... Read More »

Stock market indexes sink as tech companies fall

Stocks are taking broad losses Thursday, led by declines in technology companies. Cisco Systems dropped after issuing a disappointing sales forecast, and retailers were also weak as Walmart slumped. Bond prices rose, sending yields lower. KEEPING SCORE: The Standard & Poor’s 500 index dropped 25 points, or 1 percent, to 2,442 as of 1:50 p.m. Thursday on Wall Street. The Dow ... Read More »