Art show draws artists from across country

first_imgRed Bluff >> Art in all styles will be on display through Saturday in the gem building at the Tehama District Fairground for the seventh annual Red Bluff Bull & Gelding Sale Western Art Show.“We have a lot of original, one-of-a-kind work,” said show manager Jane Daugherty. “I’m tickled with the quality and subject matter of the pieces we got this year. We have artists from Montana, Texas, Wyoming and Arizona in addition to many local artists from both California and Oregon.”The show includes …last_img

The 15 Things You Need to Know About Windows RT

first_imgTop Reasons to Go With Managed WordPress Hosting A Web Developer’s New Best Friend is the AI Wai… Related Posts 8 Best WordPress Hosting Solutions on the Market Tags:#Microsoft#web center_img The progression from one Windows version to the next is always confusing: Windows XP gave way to Windows Vista, which in turn produced Windows 7, and each one had various Professional and Home versions to choose from. But this time things are even more unsettled, because Microsoft isn’t just introducing Windows 8, it’s also rolling out something called Windows RT – which is similar to Windows, but not exactly the same. Here’s what you need to know about Windows 8’s little brother.Microsoft is being surprisingly tight-lipped about Windows RT, referring ReadWriteWeb back to the lengthy tome Windows chief Steven Sinofsky authored in February, describing development for the ARM architecture.So for anyone trying to make sense of the differences between Windows 8 and Windows RT – these 15 questions will tell you everything there is to know – except maybe which new version of Windows is right for you. For that, you’ll have to wait until Wednesday for ReadWriteWeb’s examination of how to choose between Windows 8 and Windows RT. ]1. What Does Windows RT Stand For?Windows NT was said to stand for “Windows New Technology,” although other explanations have been suggested. Microsoft has never explained what Windows RT officially means.2. When Can I Get Windows RT?Windows RT hardware should be available around the time Windows 8 launches, somewhere on or about October 26.3. Why Are There Two New Versions of Windows?Microsoft’s hardware partners have inevitably moved to where the money is. The success of the Apple iPad convinced manufacturers that tablets were a viable product. However, the only option they had was to choose the Android operating system. Windows on ARM (now renamed Windows RT) gives tablet makers the option to make better and cheaper Windows tablets that run on less-expensive, less-power-hungry ARM (a type of reduced instruction set computing – RISC) chips instead of the standard Intel X86-style processors that other versions of Windows require. Unfortunately, the main Windows code base is designed around X86, so total compatibilty between the versions isn’t yet possible.4. What’s the Hardware Difference Between Windows RT and Windows 8?The real question is what the difference is from a software perspective. But it’s actually easier to answer the hardware question first. Windows 8 is a true PC operating system, if you define the PC as running on an X86 chip from either AMD or Intel.By definition, Windows RT runs on ARM chips, the embedded microprocessors that power today’s smartphones. Windows RT won’t run on an X86 chip. Instead, Nvidia, Qualcomm, and Texas Instruments have signed on to manufacture chips to power Windows RT systems.5. Is Windows RT a PC operating system?Yes. And no. Again, you won’t see Windows RT running on a PC microprocessor, but Microsoft has said that PC-like devices will be made by Windows RT partners, including tablets, traditional clamshell laptops and convertible devices.6. Will Windows 8 and Windows RT Work the Same Way?On the surface, they should be very similar. Windows RT apps are basically the widgets that Windows 8 embeds in what it formerly called the “Metro” interface (now the “Modern UI”). But there are other differences: Windows RT won’t include Windows Media Player. Basically, Windows RT sounds like Metro, plus Internet Explorer, plus an RT version of the Microsoft Office productivity suite. That’s it. Windows 8 will go much farther into dedicated apps and software.It’s probably fair to say that Windows RT tablets are designed for cost-conscious consumers, while Windows 8 and its associated hardware will be bought by more professional and creative types. But it’s also possible that Windows RT tablets will be seen as bargains by mainstream users who don’t plan to do more than engage with a few apps, surf the Web and work in Office.7. Can I Buy or Upgrade to Windows RT?No. Windows RT will come only bundled on dedicated hardware, like a tablet. Over time, Microsoft will release downloadble patches and updates.8. Who Will Make Windows RT hardware?That’s a bit up in the air right now. Asus, Dell, Lenovo and Samsung have all said that they plan to manufacture Windows RT devices.But Hewlett-Packard appears to be waffling, and Toshiba has decided to pull out of Windows RT development because of a shortage of components. Toshiba’s chip partner is Texas Instruments, but if TI’s manufacturing is the culprit, it’s not talking. Patrick Moorhead, a former vice president of strategy for AMD and now an independent analyst, told ReadWriteWeb he believes the problem is in fact software drivers, and that the component issue is a bit of a smokescreen.Microsoft, of course, will manufacture its own Windows RT tablet, which apparently will be called the Surface RT. 9. What Will Windows RT Tablets Be Like?Specifically, Microsoft has said that the Surface RT tablets it was aware of ranged in weight from 500 grams (1.1 pounds) to 1,200 grams (2.6 pounds). The tablets ranged from between 8.35 mm to 15.6 mm thick, with lengths that spanned 263 mm (10.3 inches) to 298 mm (11.73 in.) and widths ranging from 168.5 mm (6.63 in.) to 204 mm (8.03 in.)In terms of hardware capability, Microsoft said that the tablets would be able to generate the Windows 8 animations at a fluid 60 Hz, and sample finger input at a smooth 100 Hz per finger. Users wil be able to “bump” or tap two Windows RT devices together and share photos, URLs, map directions and other information. The Surface RT tablets will be able to play HD video continuously for about 8 to 13 hours at screen brightnesses of 200 nits.Microsoft has also said that they will be able to sit within a “connected standby” state for more 17 days, able to update email, tweets, Facebook, et cetera. It’s not yet clear how those capabilities will compare to Windows 8 machines.10. How Much Will Windows RT Devices Cost?Microsoft has said that Widnows RT tablets will be “competitve” with the prices of existing ARM-based tablets. Some think this means about $399 or above, about the price of an Apple iPad; others think that a $200 tablet priced at about the level of an Amazon Kindle Fire or Google Nexus 7 fits the definition.11. Are Windows 8 and Windows RT compatible?Yes and no. Think of Windows 8 as a superset of Windows RT. Windows RT apps will work on Windows 8, but Windows 8 apps will work on Windows RT only if they’re specifically designed for both operating systems.12. Can I Run My old Windows Software on Windows RT?No. Software designed for Windows 8, Windows 7, Windows Vista, Windows XP or earlier versions can’t run on Windows RT, at least natively. Windows RT is an entirely new beast.13. How Do I Run Software on Windows RT?Microsoft will release a version of Microsoft Word, Excel, PowerPoint and OneNote for Windows RT that is “significantly architected for both touch and minimized power/resource consumption, while also being fully featured for consumers and providing complete document compatibility.” That probably means it will lack a few features. Internet Explorer 10 and File Explorer will also be included. Otherwise, users will be able to buy Windows RT apps from the Windows Store. And that’s it. That’s part of the reason apps will such a critical component of Windows RT’s success.14. What Do Developers Think of Windows RT?Right now, Windows RT is still a trial balloon for most developers. Mark Schroeder, a producer with marketing agency Signature Creative, said that the process to port one of its Android apps begins this Monday. The one port will “test the water,” he said, and others will follow if the company believes the process will be justified.However, Microsoft claims that some 90% of the apps already submitted to the Windows 8 store will run on Windows RT, too.15. What About Windows Phone 8?Microsoft has also said that the ”common core” between Windows 8 and Windows Phone 8 will allow apps developed for Windows 8 to be easily ported to Windows Phone. But it’s far less clear whether Windows Phone 8 apps will be easily ported to Windows RT, as Microsoft has confirmed that they will require modification.“Both Windows 8 and Windows Phone leverage common tools and technologies that have been under development at Microsoft for many years,” a Microsoft spokeswoman said in an email. “Developers who build applications for Windows Phone will be very well prepared for building applications for Windows 8, and in many cases, may be able to reuse assets and business logic in building new Windows 8 applications.“While Windows Phone applications cannot run on Windows 8 without being modified, developers have found it’s fairly easy to port a well-written Windows Phone app to Windows 8,” the spokeswoman added. “For example, Rick Walrond, developer of the Windows Phone word game AlphaDrops, reported he was able to use 90% of his original code when porting the game over to Windows 8.”The problem, of course, is that this answer avoids the question of Windows RT, instead substituting Windows 8. Given that Windows Phone 8 apps seem to share a lot in common with the Metro apps, one would think that the apps would drift naturally from one platform to another. But we’ll have to see.Bonus Question: So Which Version of Windows Should I Buy?That is a very good question. So good, that we’re working on a whole story dedicated to choosing between Windows 8 and Windows RT. Look for it on Wednesday. Here’s a hint: it all boils down to software. markhachman Why Tech Companies Need Simpler Terms of Servic…last_img read more

HTC Earnings Reveal New Foray Into Emerging Markets

first_imgHTC has been a brand known for trying to hit the top of the market. Its recent smartphone builds have had slicks designs, top specs and high price tags. The company has focused on consumers with above average incomes in developed markets like the United States and Western Europe.And has fallen flat. Lukewarm EarningsHTC knows it is in trouble. Its sales are stale and are expected to stay that way, if not worsen. It is facing stiff competition in the middle of the smartphone market from the likes of Nokia and BlackBerry along with a plethora of Asian manufacturers such as LG, Huawei and ZTE. Something needs to give. As such, HTC said today that it would begin producing lower-end smartphones and focus on emerging markets, especially China, according to Reuters. HTC announced today that its revenue from Q4 2012 was $2.03 billion ($60 billion New Taiwan dollars). That is down from $2.37 billion (NT$70.2 billion) in Q3 2012. HTC CEO Peter Chou said he expects the results from the first quarter of 2013 to be even worse. Hence, the need to expand its product to different price structures targeted at a different market. Having Trouble Competing? Find A New MarketIt is not a surprising development. If a company runs out of room to grow in one market, the best thing to do is find another where it can. The U.S has proven itself to be Apple/Samsung centric, a reality that has hit the rest of the smartphone manufacturer industry hard (see the U.S. struggles of Nokia, Motorola, LG and BlackBerry). HTC has a variety of quality devices available in the U.S., including the One X+, Droid DNA for Android and 8X Windows Phone. Anybody looking for quality smartphones could do a lot worse than acquiring an HTC device. You can peel away HTC’s problems like so many layers of an onion. Foremost, its brand strength lags behind that of Apple and Samsung. That means that even when HTC comes out with a top quality device, it lacks the excitement and anticipation reserved for new iPhones or Samsung Galaxies. As we have seen with the iPhone, that type of hype and consumer anticipation is very important to a smartphone maker’s bottom line.HTC also has a logistical distribution problem, especially in the U.S., where its top devices are tied into exclusivity agreements with carriers like Sprint (Evo 4G LTE), One X+ (AT&T) and Verizon (Droid DNA). As we have seen, exclusivity agreements tend to be poor bets for manufacturers looking to make dents in the market. HTC’s declining revenues make it difficult to remedy either of those situations.HTC’s declining revenue then makes its decision to focus on emerging markets easy to understand. If it cannot keep up with the big boys in the big market, try to make a dent with limited resources in nascent markets. It will still face stiff competition in the likes of China and India, but at least in those regions it can stretch its dollars further than it could in the U.S. HTC’s new direction does not necessarily mean it will skip the top smartphone markets. The manufacturer is expected to announce its new “M7” Android smartphone at launch events in New York and London later this month.  Why IoT Apps are Eating Device Interfaces The Rise and Rise of Mobile Payment Technology Role of Mobile App Analytics In-App Engagement What it Takes to Build a Highly Secure FinTech …center_img Related Posts dan rowinski Tags:#Android#HTC last_img read more

Olympian Michael Phelps set to race against Great White Shark

first_imgUnited States’ Michael Phelps  (AP Photo/Michael Sohn)Michael Phelps has pretty much accomplished everything there is in professional swimming, and he’s ready to face perhaps his greatest adversary yet.Instead of racing against the best swimmers in the world, the American Olympian will attempt to out-swim one of the most ferocious water predators known to man.ADVERTISEMENT WATCH: Firefighters rescue baby seal found in parking garage Sports Related Videospowered by AdSparcRead Next Lacson: SEA Games fund put in foundation like ‘Napoles case’ Don’t miss out on the latest news and information. 1 dead in Cavite blast, fire ESPN, meanwhile, noted that Phelps clocked around 6 mph in 2010.Aside from competing against a Great White Shark, Phelps will also appear in another “Shark Week” project: “Shark School,” which will dispel myths and common misconceptions about the fish.  Khristian Ibarrola /ra LATEST STORIES Heart Evangelista admits she’s pregnant… with chicken View comments What ‘missteps’? World’s 50 Best Restaurants launches new drinking and dining guide Heart Evangelista admits she’s pregnant… with chicken Jordan delivers on promise: 2 Cobra choppers now in PH Rhodes overwhelmed with first career Finals, but knows he has more to do Although Phelps has accomplished several superhuman feats underwater during his illustrious career, he’s going to have his work cut out for him against the majestic beast.Sharks typically swim an average of 5 miles per hour, but Great Whites are known to cruise around 25 mph when in attack mode, according to Jennifer Kennedy of ThoughtCo.com.ADVERTISEMENT Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Discovery Channel recently announced a TV special for its annual Shark Week on July 23 called “PHELPS VS. SHARK: GREAT GOLD VS. GREAT WHITE,” which will feature a race between the legendary swimmer and one Great White Shark.“They are one of the fastest and most efficient predators on the planet: Sharks. He is our greatest champion to ever get in the water: Michael Phelps 39 world records. 23 Olympic golds,” the TV network said in a press release.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutout“But he has one competition left to win. An event so monumental no one has ever attempted it before. The world’s most decorated athlete takes on the ocean’s most efficient predator: Phelps V Shark—the race is on!”The 31-year-old Phelps also teased his upcoming showdown with a photo on his Instagram account. MOST READlast_img read more

New study shows how a kidney biopsy can be used to tailor

first_img Source:NYU Langone Health Reviewed by Alina Shrourou, B.Sc. (Editor)May 21 2019The kidneys of patients living with systemic lupus erythematosus (SLE) are often under assault, and not all those living with the disease will respond to standard treatment. A new report published in the journal Nature Immunology online May 20 shows how tissue samples from these patients can accurately predict those more likely than not to respond to therapy. SLE is a disease marked by the attack on joints, skin, and kidneys by the body’s immune system.”Our latest research redefines how a kidney biopsy can be used to tailor drug therapy in lupus patients,” says study co-senior investigator Jill Buyon, MD, the Sir Deryck and Lady Va Maughan Professor of Rheumatology at NYU School of Medicine. “Moreover, our results point to simple skin biopsy as a potential tool to track the progression of kidney damage from the disease and to tell whether treatments are working as intended or need to be changed.”Researchers say treating lupus, which afflicts an estimated 1 million Americans, predominantly women, is difficult because its onset, symptoms, and progression vary significantly from patient to patient over time. The disorder’s origins remain unknown, although many suspect that genetic factors passed down from parents to their children as well as environmental triggers, such as sun exposure and infection, are likely responsible.Multiple organs, including the brain and linings of the heart and lungs can be involved, the researchers add, making it harder to detect where the disease started or to predict which tissues will be affected. Existing therapies focus on immune-suppressing drugs designed to check any attack. However, these treatments are not cures and only relieve SLE signs and symptoms, such as joint pain, difficulty breathing, and low blood cell counts in some patients.For the new study, researchers analyzed the cellular profile and genetic activity of kidney and skin tissue samples from 21 SLE patients in the New York area. Most were women between the ages of 16 and 53, and of all races. Study participants were at the time of biopsy also among the half of all SLE patients who experience lupus nephritis, a form of kidney inflammation that can cause lasting damage to the organ.Researchers used a gene-mapping tool called scRNA-Seq that allowed them to track the action of more than 4,000 specific cells. The cell-specific biopsy profiles from patients having lupus-related kidney “flares” were then compared with biopsy results from three women who did not have lupus or any other known disease.Related StoriesNew shingles vaccine reduces outbreaks of painful rash among stem cell transplant patientsArtificial intelligence can help accurately predict acute kidney injury in burn patientsResearchers discover gene linked to healthy aging in wormsSpecifically, the study showed similar immune system signaling and scar-forming gene activity in kidney tubular cells affected by lupus and skin keratinocyte cells from the same patients.Gene activity from exposure to an immune cell signaling protein, type 1 interferon (IFN), in both cell types from SLE patients increased 3.8 times and 2.5 times, respectively, when compared with biopsies from healthy women. Moreover, the increase in scar-forming gene activity in the kidney cells of SLE patients was observed in those who did not respond to therapy.Researchers say finding similarities between cell activation in the kidney and skin is important because the skin can be more easily and repeatedly biopsied than the kidney. And since cellular changes observed in the skin closely mirrored changes involved in SLE kidney damage, sampling skin could, they say, offer clues as to what, if any, malfunction is about to occur in the kidney.Buyon says IFN typically shows up in cells as part of the immune system response to infection and for decades has been linked to lupus. The latest study reinforces its role, as yet unexplained, in the disease.While researchers have plans to determine the source of the IFN affecting both types of cells, they say their immediate next step is to analyze results from 160 additional patients’ kidney biopsies and as many as 400,000 different cells. They also plan to test additional skin cells, with assistance from the NYU Colton Center for Autoimmunity, for differences between lupus patients with and without nephritis. If confirmed in further experiments, our findings could personalize lupus therapy based on what an individual patient’s cells are telling us about immune activity. Moreover, this research should help shed light on the underlying biological pathways behind organ injury in lupus, the interrelated roles of kidney and skin cells, and how type 1 interferon propels this disease.”Jill Buyon, director of rheumatology in the Department of Medicine at NYU Langone Health and director of its Lupus Centerlast_img read more

Cannes holds out olive branch in row with Netflix

And he hinted that controversial Danish director Lars Von Trier, who was banned from Cannes in 2011 for saying he was a Nazi, may be on the point of being brought back into the fold.Fremaux said that with Von Trier finishing his serial killer flick, “The House That Jack Built”, the festival’s president Pierre Lescure was working hard to “lift the status of persona non grata”.The film, starring Uma Thurman, Riley Keough and Matt Dillon, would help to give a little more star power to a highly-political Cannes line-up. Zvyagintsev, the maker of such classics as “The Return” and “Leviathan”, has been a prominent supporter of his fellow Russian director Kirill Serebrennikov, whose film “Leto” is in the running for the Palme d’Or.Fremaux has pleaded with the Kremlin for Serebrennikov, who is under house arrest for controversial charges of money laundering, to be allowed to travel to Cannes to premiere his film.Iranian master Jafar Panahi is also competing for the prize, though he too is banned from leaving his homeland. US streaming giant Netflix has reportedly pulled five films in the running for the Cannes film festival next month Director Thierry Fremaux praised the streaming giant’s bosses as “people of taste who love cinema”, and said he was ready to heal the rancorous split that saw Netflix reportedly pull five films in the running for the world’s top festival next month.Fremaux riled Netflix by banning movies that are not first released in French cinemas from the competition after cinema owners protested last year at the inclusion of two of its films, “Okja” and “The Meyerowitz Stories”.The Silicon Valley giant complained that it was being unfairly targeted because under French law films cannot be streamed until three years after their cinematic release. But Fremaux denied that there was a “war” between them despite harsh words from Netflix’s chief content officer Ted Sarandos last week, who claimed its films were being “treated disrespectfully”.”Netflix are cinephiles, people of taste who love cinema, and who have have made possible what was never done before,” Fremaux told French radio.”Again last night I wrote to my friends at Netflix so that we might find a solution. They find our love for (watching films in) cinemas hard to understand,” he added.Von Trier ban lifted?Fremaux also went out of his way praise the platform for financing the completion of Orson Welles’ legendary unfinished opus, “The Other Side of The Wind”, which the late American director began in 1970 and was still working on until his death in 1985. Strong subscriber growth lifts Netflix revenue, profit (Update) The Cannes film festival said Tuesday that it was still in talks with Netflix despite the platform’s dramatic withdrawal of its films last week. Netflix, however, was with stinging in its criticism of Cannes and Fremaux, claiming that “the festival has chosen to celebrate distribution rather than the art of cinema.” “It is not a coincidence that Thierry also banned selfies this year,” Sarandos added, in a biting reference to Fremaux outlawing them on the red carpet.”I don’t know what other advances in media Thierry would like to address.”Fremaux also revealed Tuesday that Russian director Andrei Zvyagintsev, who many critics thought should have won the top Palme d’Or prize last year for his film “Loveless”, will sit on this year’s jury. © 2018 AFP Explore further Danish director Lars Von Trier was banned from Cannes in 2011 for saying he was a Nazi 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. Citation: Cannes holds out olive branch in row with Netflix (2018, April 17) retrieved 18 July 2019 from https://phys.org/news/2018-04-cannes-olive-row-netflix.html read more

ATT antitrust win may herald a new wave of media mergers

first_imgA combined AT&T-Time Warner could also get a boost from the official end of net neutrality —the Obama-era rules that barred broadband and wireless companies from favoring their own services to the detriment of rivals like Netflix. As of this past Monday, AT&T and Verizon can prioritize their own movies and TV shows, to the likely disadvantage of rivals such as Amazon, YouTube and future startups.The judge’s decision frees the wireless and pay-TV giant to absorb the owner of CNN, HBO, the Warner Bros. movie studio, “Game of Thrones,” coveted sports programming and other “must-see” shows.The result for consumers? More options, especially if they’re AT&T customers already, said GBH Insights analyst Dan Ives. He said consumers can expect to more things to watch and more streaming options, like bundled packages with HBO, CNN or sports.”It’s a major shot across the bow at other wireless and cable providers,” Ives said. But he acknowledged that consumers might eventually end up paying more, too. In this Oct. 24, 2016, file photo, clouds are reflected in the glass facade of the Time Warner building in New York. The judge presiding over the government’s legal effort to block AT&T’s purchase of Time Warner will likely deliver his verdict on Tuesday, June 12, 2018. (AP Photo/Mark Lennihan, File) 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. AT&T’s victory over the government’s attempt to block its $85 billion takeover of Time Warner underscores just how much the way people watch TV—and pay for it—has changed. It also highlights how corporate America wants to adapt to deal with its new environment. In short: Bigger is better.The government argued that the merger would stifle competition and lead to higher cable bills. But U.S. District Judge Richard Leon ultimately agreed with AT&T’s assertion that it had to grow to survive in the era of Google, Amazon and Netflix.”It really was a stunning rebuke of the Department of Justice,” said media analyst Craig Moffett. “Judge Leon was wholly unpersuaded by their case.”The ruling could open the floodgates to deal making in the fast-changing worlds of entertainment production and distribution. Major cable, satellite and phone companies are bulking up with purchases of entertainment conglomerates to compete against rivals born on the internet such as Amazon and Google.Waiting in the wings are potential big-billions deals involving 21st Century Fox and Disney, Verizon and CBS, T-Mobile and Sprint. Comcast and Verizon are also jockeying for position in the new landscape. © 2018 The Associated Press. All rights reserved. In this Monday, Oct. 24, 2016, file photo, the AT&T logo is positioned above one of its retail stores, in New York. The fate of the AT&T-Time Warner merger, a massive media deal opposed by the government that could shape how much consumers pay for streaming TV and movies, rests in the hands of a federal judge. U.S. District Judge Richard Leon is expected to announce in court Tuesday, June 12, 2018 his decision in the biggest antitrust trial in years. (AP Photo/Mark Lennihan, File) Leon said the government failed to prove that the merger would lead to higher prices and other harm to consumers. Despite Justice Department lawyers taking their “best shot,” he said, their evidence was “too thin a reed for this court to rely on.”The judge added that he wouldn’t temporarily block the merger for a possible appeal by the government. The “drop dead” deadline for completing the merger is June 21. If it’s not wrapped up by then, either company could walk away, and AT&T would have to pay a $500 million breakup fee. The ruling was a stinging defeat for the Justice Department. Opposing the merger forced federal antitrust lawyers to argue against standing legal doctrine that favors mergers among companies that don’t compete directly with each other.Another wild card: When first announced in October 2016, the deal drew fire from then-candidate Donald Trump, who promised to kill it “because it’s too much concentration of power in the hands of too few.” Trump has also publicly feuded with Time Warner’s CNN, calling it “failing” and a purveyor of “fake news.” The president’s statements didn’t come up during the trial.John Bergmayer, senior counsel at the consumer group Public Knowledge, said the decision could have long-lasting negative effects thanks to “the many other mergers it will encourage.” In a statement, Bergmayer called for “reinvigorated regulatory oversight of the video marketplace.”Dallas-based AT&T is a wireless, broadband and satellite behemoth that became the country’s biggest pay-TV provider with its 2014 purchase of DirecTV. It claims about 25 million of the 90 million or so U.S. households that are pay-TV customers.AT&T general counsel David McAtee said the company plans to close the deal on or before June 20. Explore further Citation: AT&T antitrust win may herald a new wave of media mergers (2018, June 13) retrieved 18 July 2019 from https://phys.org/news/2018-06-att-antitrust-herald-media-mergers.html Fate of massive AT&T-Time Warner merger in US judge’s hands In this March 22, 2018, file photo, AT&T CEO Randall Stephenson leaves the federal courthouse in Washington. The judge presiding over the government’s legal effort to block AT&T’s purchase of Time Warner will likely deliver his verdict on Tuesday, June 12. (AP Photo/Jose Luis Magana, File) Brace yourself for the likely new era of media megamergers.last_img read more

Hygiene products group Essitys first half core profit grows 7

first_imgFILE PHOTO: Essity products are seen on display at the venue of a presentation to investors by the hygiene product company in Stockholm, Sweden May 23, 2019. REUTERS/Anna RingstromSTOCKHOLM (Reuters) – Swedish hygiene products group Essity (ESSITYb.ST) reported on Thursday a 7% year-on-year increase in adjusted profit for the first half of 2019, helped by strong emerging market sales growth and cost savings. Operating profit before amortisation and items affecting comparability was 6.92 billion crowns (594.53 million pounds). Higher raw material and energy costs had a 2.1 percentage point negative impact on the adjusted EBITA margin which narrowed to 11.0% from 11.2%. “Our raw material and energy costs were higher during the (second) quarter, although the market prices for such items as pulp are demonstrating a declining trend, albeit from a high level,” the group said in a statement. (This story corrects dateline, and period to H1 from Q2 in headline, first paragraph) Reporting by Anna Ringstrom, editing by Helena SoderpalmOur Standards:The Thomson Reuters Trust Principles.last_img read more