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Apple may join SoftBank’s tech fund – report

first_img Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more Author Google taps retail with NYC store Related AppleSoftBank Previous ArticleEU member states green light EC roaming planNext ArticleSafaricom to further expand M-Pesa – reports Tags Deutsche Telekom, SoftBank tipped for T-Mobile trade AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 13 DEC 2016 KT makes LG Electronics trade-in move Kavit Majithia Apple held talks with SoftBank about investing in the latter’s $100 billion technology fund, which is set to launch next year.According to the Wall Street Journal, Apple and the Japanese giant discussed a possible investment to the tune of up to $1 billion, in a move that would pin together the world’s most valuable company with one of the world’s largest pools of investment capitals.SoftBank, spearheaded by ambitious leader Masayoshi Son, revealed the SoftBank Vision fund in October, and will itself invest at least $25 billion.It is also in the process of finalising an investment of up to $45 billion from Saudi Arabia’s government fund, while the sovereign wealth fund of Abu Dhabi is also considering a contribution.Just last week, Son met with US President elect Donald Trump and said the company would invest up to $50 billion of the fund in the country, and create 50,000 jobs.The objective of the fund is to tap into new technologies such as artificial intelligence and the internet of things.For Apple, making a potential investment will give it an insight into such emerging technologies, a WSJ source explained.The move would also mark a shift in Apple’s strategy, with its investments in the past focussed on taking small stakes in start-up companies.In May, the US company also invested $1 billion in Chinese taxi company Didi, a rival to Uber.The WSJ cautioned that talks between Apple and SoftBank were not finalised. Home Apple may join SoftBank’s tech fund – reportlast_img read more

FTC probes broadband privacy

first_img Amazon reels in MGM AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 27 MAR 2019 T-Mobile US chief predicts market rebound Diana is Mobile World Live’s US Editor, reporting on infrastructure and spectrum rollouts, regulatory issues, and other carrier news from the US market. Diana came to GSMA from her former role as Editor of Wireless Week and CED Magazine, digital-only… Read more Previous ArticleIndonesia towerco lets Docomo drone system flyNext ArticleKT completes 5G trial using Samsung Galaxy S10 Tags AT&TT-Mobile USVerizon Author Home FTC probes broadband privacy Verizon shuffles executives Related The US Federal Trade Commission (FTC) ordered top broadband providers to share previously undisclosed details about their privacy policies, as concerns about data breaches and money-making methods mount.In letters to AT&T, Verizon, Comcast, T-Mobile US and Google Fibre, the agency demanded details on what categories of personal information they collect about users or their devices; techniques for collecting that information; whether the data is shared with third parties; internal policies for allowing access to the data; and how long it is stored.The FTC also asked whether and how user information is aggregated, anonymised or deidentified; if consumers can opt-out of the collection, retention, use and disclosure of their data; can users correct or delete their personal information; and if providers have denied or degraded a user’s service after they opted-out of data collection.Its move comes as the FTC steps-up pressure on tech giants in the wake of high profile data breaches and as concerns about how much control users have over their data grow.In 2018, US operators faced backlash following reports that third parties improperly gained access to mobile subscriber location information.Facebook, Apple and Google parent Alphabet were quizzed by politicians over their data collection and protection practices after the personal information of millions of Facebook users was leaked to data mining company Cambridge Analytica.The FTC is reportedly negotiating a billion-dollar fine with Facebook. Subscribe to our daily newsletter Back Diana Goovaerts last_img read more

Slip slidin’ away

first_imgSo we have a “slimmed down” Construction Leadership Council, and no chief construction adviser. How is that going to work, then? This is the first of many questions that occur on reading recent announcements from the Department for Business, Innovation & Skills. Anybody who has worked deep within an organisation knows how much easier it is to come up with a solution to all of its problems when you’re on the outside looking in, in possession of only half the story; and that is no less true of government. That doesn’t make legitimate questions any less worth asking, though.  The next question relates to the make-up of the Construction Leadership Council (CLC), where we clearly have an incomplete story – with, for example, only three-quarters of the membership of the CLC named. One can’t help but notice that, save for the happenstance of the current chair of the UKTI Construction Advisory Board being one, there are no professional consultants among those named. I suspect that some of this reflects a frustration with the confusion of representation put forward by various parts of the industry, and the impossibility of making progress with people who sit as delegates; but British construction consultancies are a real success story internationally, and for that reason alone Department for Business, Innovation & Skills should want to keep them close and involved. And if there is a genuine desire to see reform in the industry, we do at least need all relevant constituencies involved in the conversation somewhere.Where is the leadership required to produce a plan that brings the industry forward collectively, rather than seeking to serve and protect the competitive advantage of a few of its members?Many more questions relate to whether the CLC is to be an only child.  For example, what is its relationship to the menagerie of institutions and trade associations that seek to represent the industry?  Or to the Strategic Forum for Construction? Or to the Government Construction Board, and the pursuit of the Government Construction Strategy? Although that strategy has been said to have been absorbed into Construction 2025, it hasn’t really, and nor should it be – as it is concerned with something connected but quite different: the government using its own buying power to incentivise reform, improve industry performance and obtain long-term value for money for the taxpayer.The biggest question, though, is where can we see the shared vision of what a competitive industry that serves its clients, delivers whole life value and has the potential to earn money overseas looks like? And where is the leadership required to produce a plan that brings the industry forward collectively, rather than seeking to serve and protect the competitive advantage of a few of its members? And whence will come the resources to implement a plan that market forces alone will fail to deliver?Without that long view, the risk is that the CLC will continue to address the issues that are seen as urgent, and react to symptoms, rather than those that are important and call for treatment of the underlying malaise. For example, it would be easy to reach a consensus that just about the most urgent issue facing the industry today is the skills shortage. Real leadership, however, should recognise that this is a structural problem, and the consequence of an industry which thinks the maintenance of long-term capacity and capability is somebody else’s problem. Speaking of special pleading, it would be difficult for me to have worked hard over three years striving to make the role of the chief construction adviser both valued and valuable, and then deny that it was either – and nor do I. Nor, given the reaction since the announcement, can I see what kind of consultation has taken place (or, more particularly, with whom) that supported a recommendation for abolishing the post. At one time, the government and industry working together had some pretty ambitious shared plans: for the transition to a low carbon economy (remember that?); for more affordable and more sustainable construction in the public sector programme; and for a more competitive and innovative industry. It is possible that the abolition of the chief construction adviser role signals an end of all of that ambition. But if it doesn’t, then that ambition needs the energy and attention of somebody who has reach both across the industry and within government, and a person who can speak for the industry to government, and for government to the industry. It also must be someone who can support the many good people working across government in the delivery of major construction programmes, who frequently don’t get the recognition that they deserve. That is not going to be achieved either by a civil servant without a deep understanding of how the industry works – however diligent and well-intentioned he or she may be – or by a volunteer army of individuals drawn from the industry, who are ultimately bound by the commercial demands of their own businesses. So, many questions to be answered – and in the meantime a real sense of fear that an opportunity may be slipping through our fingers.Paul Morrell was the first chief construction adviser and is chair of the Green Construction Board routemap working grouplast_img read more

SRA to cap profits made by super-exam provider

first_imgThe Solicitors Regulation Authority is to impose a cap on profits made by the supplier chosen to run the super-exam assessment.The regulator yesterday opened the tender for a provider to administer the Solicitors Qualifying Exam from September 2020.The tender document reveals that the SRA intends to keep controls over the exam’s content and standards, making the pass mark subject to the approval of the chief executive. The SRA will also own all intellectual property in the SQE brand, which will be licensed to the successful supplier.  Source: iStockThe SRA will not pay the supplier, although it may provide some funds to cover the upfront costs. Suppliers will set candidates fees, subject to SRA approval, which must remain ‘broadly stable’ and represent ‘value for money’ for the candidates paying.According to the documents, the regulator will insist on ‘open book access’ to the assessment supplier’s accounts to determine whether fees being charged are fair and reasonable and to justify any increase. It is stressed in the tender document that the regulator is not necessarily seeking the lowest fee proposed, although there are no suggestions what the fee should be.To ensure candidates are not charged excessive fees, any profits beyond a certain level from the SQE will be paid into a ‘re-investment fund’. The level of this cap is unspecified.The document adds: ‘The SQE is not an income generating exercise for the SRA and we do not wish to retain excess profits for ourselves. We will decide how this money is spent either in connection with the improvement of the SQE or to provide financial assistance to candidates.’The SRA states the exam must be a ‘rigorous, valid and reliable assessment’ that ensures newly qualified solicitors have the competences required for effective practice.As expected, the qualification will be in two parts: a computer-based exam testing legal knowledge and a series of practical assessments.The chosen assessment supplier will conduct its work in an ‘open and transparent way’ to help universities, training providers, publishers and employers prepare for implementation.The SRA confirms it is prepared to work with a supplier already engaged in training – a potential conflict of interest revealed this week by the Gazette.In response to this issue, the SRA adds: ‘We will only contract with an assessment supplier who is either not engaged in the delivery of preparatory training for the SQE or who can assure use that there is a separation of these activities to avoid any perceived or actual conflict of interest of distortion of the training market.’The closing date for final submissions is 1 September, with shortlisted bidders notified by 1 November and a contract issued next March.last_img read more

Instant Analysis | UK falls to Georgia 63-31

first_imgKentucky’s Boom Williams scored on this 56 yard run in the second quarter which sparked the crowd.. But it wasn’t enough as Georgia rolled past the Wildcats 63-31. Nov. 8, 2014 By Matt Stone/The C-JTakeaway – So much for the 5-1 start. The Wildcats have lost four in a row — three pretty thoroughly — and now have just two more chances (at Tennessee and at Louisville) to get bowl eligible. They will not be favored in either game. Kentucky is in trouble, as the defense is clearly a mess and special teams are a liability. Georgia gained 559 yards, 305 on the ground, and Kentucky allowed two more special-teams touchdowns. LSU and Mississippi State also scored on the Cats in the kicking game. And UK’s offense is not nearly good enough to make up for that. QB Patrick Towles finished 16 of 31 for 139 yards Saturday and seems to have regressed.* For instant updates on the Wildcats, follow me on Twitter @KyleTucker_CJ. Email me at [email protected] Play VideoPlayMuteCurrent Time 0:00/Duration Time 0:00Loaded: 0%0:00Progress: 0%0:00 Progress: 0%Stream TypeLIVERemaining Time -0:00 Playback Rate1ChaptersChaptersdescriptions off, selectedDescriptionssubtitles off, selectedSubtitlescaptions settings, opens captions settings dialogcaptions off, selectedCaptionsAudio TrackFullscreenThis is a modal window. The Video Cloud video was not found. Error Code: VIDEO_CLOUD_ERR_VIDEO_NOT_FOUND Turning point – Despite its awful start, Kentucky got the deficit down to 35-24 by halftime and was getting the ball back to start the third quarter. But Patrick Towles’ first pass of the half went off receiver Ryan Timmons’ hand and was intercepted at the Cats’ 36. Georgia quickly scored, UK went three-and-out and Isaiah McKenze — who returned the game’s opening kickoff 90 yards for a TD — went 59 yards to the house on a punt return. The lead was 25 less than four minutes into the second half. Game over.Free apps for each team coming soonSign up to find out when MVP – The only Wildcat worth consideration is Williams. The freshman gained 100 yards on 10 carries, begging the question: Why isn’t he playing more. He was listed the starter Monday but Braylon Heard was the guy Saturday. Williams’ first action didn’t come until Kentucky was already in a big hole. For Georgia, tailback Nick Chubb is the MVP after rumbling for 170 yards on 13 carries, continuing to carry the Bulldogs in Todd Gurley’s absence.Surprise – After an ugly game at Missouri and a chewing from Mark Stoops this week, followed by talk of a great few days of practice, Kentucky came out flat again. Then laid down in the second half. Not a good look. Session ID: 2020-09-17:29979d6329492cba55c0b074 Player ID: videojs-brightcove-player-853634-3882440235001 OK Close Modal DialogCaption Settings DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsDefaultsDoneClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.If only the second quarter counts, Kentucky beat 17th-ranked Georgia 24-14 today at Commonwealth Stadium. But here in reality, the Bulldogs scored the first 21 points of the game, the first 28 points of the second half, returned a kickoff and a punt for a touchdown and did whatever they wanted against the Cats’ defense for a 63-31 beatdown.Play of the game – There wasn’t much to write home about for the Wildcats, but they did score those 24 points and piled up more than 200 yards over the final 20 minutes of the first half. Freshman tailback Stanley “Boom” Williams got 56 of them on one impressive run, sprinting away from the Georgia defense for his third touchdown of 50-plus yards this season.GAME REPORT: UK’s 63-31 loss to UGA a Senior Day to forgetGAME REWIND: Look back at UK’s loss to Georgia Free CatsHQ App: Coming soon … sign up and we’ll let you know when it comes out last_img read more