Amanjain

Beijing, in a step to resolve the dispute concerning scandals at Chinese companies, have allowed US authorities to review the documents from Chinese auditors, reports FT. In an agreement revealed today, US Public Company Accounting Oversight Board is granted permission to access the records held by Chinese accounting firms. The deal will prove beneficial to calm down the straining relations between the two economic giants, which could have resulted in the delisting of many Chinese companies from US stock exchanges. How it started The dispute gained momentum when after many scandals concerning Chinese companies listed on the US market, regulators tried to intervene by monitoring the audits, only to be stopped by Chinese regulators saying local laws do not allow access to Chinese audits to foreign regulators. There are about more than 400 Chinese companies listed on US exchanges. These firms have long been enjoying the benefits of not being closely monitored by US and Chinese regulators. The situation gained grounds when short-sellers such as Muddy Waters accused many Chinese companies of fraud, resulting in numerous high-profile bankruptcies. This forced US regulators to step in and investigate the root cause. This led to the massive fall in the share prices
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A request to ban the Microsoft Corporation (NASDAQ:MSFT)’s Xbox has been turned down by U.S. International Trade Commission. The commission came to the conclusion that the gaming device did not violate any patent owned by Google Inc (NASDAQ:GOOG)’s Motorola Mobility unit. Thursday ruling from the ITC was in line with an earlier judgment by an administrative law judge David P. Shaw in March. The initial ruling also asserted that Xbox was in no violation to the patent related to wireless peer-to-peer communications, owned by Motorola. Comments from Microsoft And Motorola In an email, Motorola Mobility Holdings Inc (NYSE:MMI)’s spokesman William Moss said “We’re disappointed with this decision and are evaluating our options.” Microsoft Corporation (NASDAQ:MSFT)’s deputy general counsel, David Howard told Reuters “This is a win for Xbox customers and confirms our view that Google had no grounds to block our products.” Patent in question The patent involved was earlier in the news, when in 2010; Motorola Mobility Holdings Inc (NYSE:MMI) filed a case in the ITC, alleging the software giant for infringing five of its patents. Motorola Mobility Holdings Inc (NYSE:MMI) and Microsoft have been fighting over the Xbox patent for past three years, long before Google Inc (NASDAQ:GOOG) acquired Motorola. In
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Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is rolling up its sleeves to launch newer models of the Lumia series in the United States in order to speed up the demand for the Windows Phone, report Forbes. The Finnish smartphone maker launched two phones, Lumia 928 and 925 recently. US market vital of Nokia The Lumia flagship from Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) could not throw any startling performance over the past couple of months as the phone does not have wide presence in the United States. Around 400,000 handsets were sold by Nokia in the previous quarter in North America, which is 33 percent less than the corresponding period last year. The Smartphone market of the United States has continued to be one of the most vital markets for the Smartphone makers because the success of the phone in this market reflects in the market worldwide. It has become important for Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) to explore the options in the United States where it is still not in competition to its rivals. The phone maker can derive benefits from making its presence on the carriers, which would give it a chance to increase its share, as well as make ground for the
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According to a new report, Apple Inc. (NASDAQ:AAPL) will bring out its next full size iPad by the end of 2013. The iPad will be launched after the rollover of Apple’s upcoming iPhone. Macotakara, a Japanese blog, revealed the information according to which the latest iPad will be available after the much awaited iPhone 5S. The upcoming iPhone 5S will most probably be launched near September. The iPhone 5S will be launched after almost a year from the launch dates of iPhone 5. Apple iPad 5 Features: As per the Japanese blog, the next generation iPad will have a 9.7 inch screen and will have a rear microphone beside camera, similar to that of Apple Inc. (NASDAQ:AAPL) iPhone 5. According to the reports, the concept of the rear microphone was also incorporated in the iPad mini prototype, but it was never materialised in the product, which was introduced last October. The company decided to get rid of the rear microphone in the final stages of the development of iPad mini, now it is looking forward to build it in 9.7-inch iPad. Expected features There have been reports in the past as well about the design and shape of Apple’s fifth generation
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Klarman Hall is the first building constructed for the humanities on central campus after the Goldwin Smith Hall opened in 1905. The building is constructed in order to provide ample space for the humanities department of the college of Arts and Sciences. The supporters of the project Seth 79’ and Beth Klarman also stand by the project and were present in the groundbreaking ceremony taken forward by President David Skorton and Peter Lepagethe College’s Harold Tanner Dean. Seth Klarman in his speech repeated the famous quotes said by famous personalities like Ezra Cornell and Apple founder Steve Jobs. He said Cornell is “a place of education and experience, challenge and personal growth, friendships and collaborations. … I’m grateful to have this opportunity to give back.” Klarman said that he believed in the all-round liberal arts education, and he also believes that when there are many talented people coming together and are able to absorb new ideas then there can be some unexpected good results. Cost & Funding of Klarman Hall The building project for which the total budget is around $61 million is funded through charity in full. The major donors were The Klarman Family Foundation along with the Groos
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DxO Labs has ranked Samsung’s Galaxy S4 as number one in mobile phone camera tests. DxO is a French firm, which is in the business of camera optics and image sensor analysis. It provided Samsung a total score of 75, which was more than iPhone 5’s Score of 72. Nokia 808 Pureview has been held as the topmost with a score of 77 but the phone runs on the Symbian operating system, which makes it a less desired player than Apple’s (NASDAQ:AAPL) iOS in the iPhone and Google’s (NASAQ:GOOG) Android in the Galaxy S4. A camera is one of the most vital features for smartphones today because users can immediately share the pictures with their internet connection once they click it. Galaxy S4 vs. iPhone 5 The Galaxy S4 showed “impressive detail preservation in bright light conditions,” DxO said. “The 13-megapixel sensor shows a significant improvement compared to the best 8-megapixel smartphone cameras.” The S4 from Samsung outperformed the iPhone in various categories like still photos and videos. However, according to DxO the performance was not clear cut better than the iPhone.  Apple iPhone 5 managed to stay in the running because it had fewer image-processing artifacts and the video stabilization
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Elon Musk, the co-founder and CEO of Tesla Motors Inc (NASDAQ:TSLA) said that the supporters of climate change should make some changes in the argument on climate sciences. Tesla Motors Inc (NASDAQ:TSLA) has paid the $465 million Energy Department Loan and asked those who attended the Climate Leadership Gala in Washington, D.C. to put the provision of proof on those who do not accept that greenhouse gas emission acts as a catalyst to global warming. “If you were to ask any scientist, ‘Are you absolutely certain’ about anything, they would say, ‘Well, no. There’s a .001 percent chance it could be different.’” Musk said. He further said that it is better to ask that how sure are they that it is not dangerous and then someone can arrive at the correct answer. Musk further mentioned that he has the key to the problem, but it has been rejected by the Republicans. He suggested that a tax should be levied on carbon emissions, and the suggestion was welcomed by the attendees there with cheers. He said that he did not get that much applause when he was discussing this with Congress. Tesla Shares Rising After Q1 Tesla Motors Inc (NASDAQ:TSLA) recorded tremendous earnings
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The talks are around that Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) can launch its EOS camera on July 9. The much talked EOS will have the 41 megapixel sensor, which was previously seen in Nokia 808 PureView phones. The sources who extracted the information from some gadget lovers said that the EOS camera can be launched during the second week of July and probably on July 9. This time the phone incorporating the camera will be based on Windows 8 platform, unlike previous 808 pure views. Technical details  According to the reports, the EOS will run on a quad-core processor, 4.5-inch 1280 x 768 resolution screen. It will also be stuffed with the “Nokia Pro Camera”, which will have a multitude of features comprising of manual focus. The center of attraction will be the 41 megapixel rear camera, which will be incorporated in the Windows8 platform. However, while taking the picture only 34 megapixels can be utilized similar to that of 808 PureView. The video shooting capability will be 1080p and 720p HD, according to the source who claims to have used the phone. It is also highly rumoured that the weight of the phone will be lesser than that of Lumia 920, but
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The Haswell Core processors from Intel Corporation (NASDAQ:INTC) is claimed to enhance the battery life by almost 50 percent in the laptops compared to the “Ivy Bridge” chips, claim the chip maker. The core processors, which are code named Haswell, are specifically being designed for laptops and tablets, according to Rani Borkar, corporate vice president and general manager of the Intel Corporation (NASDAQ:INTC) Architecture Group She said that the extended life to the battery will not affect the performance of the battery, and the Haswell chips have the caliber to perform better during the idle or standby mode of the device. Intel New chips better For months, Intel Corporation (NASDAQ:INTC) has been talking about the performance of Haswell and says that the microprocessors will also deliver two times better graphic performance for laptops and three times to that of desktops. The new line of chips from Intel Corporation (NASDAQ:INTC) can be a route that can close the gaps between laptops and tablets by providing various features like enhanced battery life and performance, optional detachable touchscreen and keyboards. Some Haswell chips will also be incorporated in tablets and will bring down the power consumption of some parts at 7 watts. The Ivy Bridge Core
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Facebook Inc (NASDAQ:FB), highlighting its developers platform, revealed how the third party apps derive the advantage from the social network by connecting to the users. Doug Purdy, Director of Product Manager said that approximately 550 million people use third party applications on Facebook Inc (NASDAQ:FB) and share 1 billion stories every day. Six years ago the giant social networking site opened up itself for the third party app developers and since then the third party apps have been gaining. Doug Purdy said this in a press conference held in the Facebook headquarters. “We live in a world of heterogeneous devices, and what we’re trying to do is create a platform where third-party developers can create an experience that is focused on people.” Purdy said that the developers create apps, which is focused on people rather than on devices.  Other discussions Purdy also mentioned about the mobile figures in the conference and said that the company has made massive efforts in developing the mobile Facebook in the previous year and at present it is available on 80 percent of iOS apps and 70 percent of Android apps. Purdy discussed the vital status of gaming on Facebook Inc (NASDAQ:FB) and also the intentions of
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HTC One has crossed the 5 million mark in terms of the number of units sold since the launch a month ago, reports WSJ citing an unidentified HTC Corp (TPE:2498) executive. The unidentified executive told the journal “orders are pretty good so far and are still more than what we can supply.” For the shortage of the devices, the executive pointed towards issues with component availability. The executive cautioned that even after selling five million units, it is too early to comment on the success of the device. HTC’s Dismal Performance The Taiwanese firm has been struggling since the last couple of years owing to declining demand for its devices. The handset maker is facing stiff competition from Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930). The Korean company recently launched its own flagship device the Galaxy S4. Samsung also announced that it sold 10 million units of its flagship device in less than a month. Apart from the fierce competition, HTC Corp (TPE:2498) has also been witnessing top-level executive departures. HTC’s Asia CEO has resigned from the company recently. Kouji Kodera, chief product officer of HTC Corp (TPE:2498), left the handset maker last week. Other key executives who left the
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