Samsung Electronics unveiled a new top-of-the-range Galaxy smartphone in London on Thursday, updating the most direct rival to Apple's iPhone with a larger touch screen and more powerful processor.
The new Galaxy S III smartphone displayed for attendees during the global launch event in London, U.K., on Thursday.
The South Korean technology group, which overtook Finnish company Nokia as the world's biggest cellphone maker earlier this year, said the new Galaxy SIII model would go on sale in some markets in late May and around the world from June.
Last week, Samsung reported a record $5.2 billion quarterly profit, boosted by Galaxy smartphone range whose sales outstripped the iPhone.
Samsung sold around 45 million smartphones in the first quarter and contributed most of its operating profit.
The new Galaxy SIII model will have a 4.8 inch touch screen, 8 megapixel camera and will use the latest version of Google's Android software.
Analysts said the expected massive marketing campaign and features of the handset - billed as the official smartphone of the London 2012 Olympics - were likely enough to generate strong sales, but the launch left many of them unexcited.
"It is not an eye-catching device that will overwhelm consumers," said IDC analyst Francisco Jeronimo.
The blue lights in the launch venue downtown London, echoing the cold rainy day outside, and the background sounds of nature, which Samsung said inspired the design, resulted in a fairly muted atmosphere in the room.
Won-Pyo Hong, head of product strategy at Samsung's mobile business, said it expected sales of the Galaxy SIII to outstrip predecessor SII's more than 20 million units."Definitely, we expect so. The level of interest from our partners has been bigger," Hong told Reuters in an interview. He said the marketing budget would also increase, even if brand awareness was already quite high."We need to spend more on marketing to address consumer interest and to meet requirements of our partners," he said.Analysts said the new device represented a formidable challenge to rivals, given a combination of the Galaxy brand, sales support from operators and heavy marketing."Samsung must make the most of a 4-5 month window of opportunity with the Galaxy SIII before Apple changes the game once more with its next generation iPhone," said Geoff Blaber, analyst at CCS Insight.The new Galaxy will be powered by Samsung's quad-core microprocessor, which the company hopes will also be used in handsets made by HTC and Motorola, as well as Apple, its biggest customer for components.The Exynos 4 Quad, based on British chip designer ARM Holdings Cortex A9 technology, enables more tasks in a shorter period of time - for example streaming video can run on one core while the other cores update applications, connect to the web and scan virus-check, simultaneously.
On Top of Smartphone WorldApple and Samsung's near duopoly in high-end smartphones was not expected to come under threat this year or next."Samsung is now the only company that can compete with Apple and challenge it in the smartphone segment," said IDC's Jeronimo.Samsung shares hit a lifetime high after its first-quarter results, pushing its market value to $190 billion, 11 times that of Japanese rival Sony, though still only a third of Apple's, the world's most valuable company.In stark contrast shares in Nokia, whose betting on a tie-up with Microsoft to revive its fortunes in the lucrative smartphone market, are at a 15-year low. Nokia said last month it would make a first-half loss as it struggles to revamp its product line.Technology research firm Ovum said in a note on Thursday it expected Microsoft to establish its Windows Phone as a relevant smartphone platform only by 2017.At its annual meeting on Thursday, Nokia's chairman-designate defended the group's turnaround strategy to investors losing patience with its efforts to catch up.
Facebook has finally decided to launch IPO with the price range between $ 28 to mid $ 35. World's largest social networking website will start trading on Nasdaq exchange on May 18, according to S-1 filing from the company
Facebook plans to raise as much as $12 billion in Silicon Valley's largest IPO, dwarfing the coming-out parties of tech companies like Google and granting the world's largest social network a market value close to Amazon.com's.
The company also released video of its road show, set to start on Monday, online. (Click to watch the video.)
Facebook plans to invest heavily in mobile, even if the payoff takes a long time or is uncertain, Chief Financial Officer David Ebersman says in the video. Chief Operating Officer Sheryl Sandberg adds that mobile is a key growth area for the company.
The eight-year-old social network that began as Mark Zuckerberg's Harvard dorm room project priced its initial public offering at between $28 and $35 a share on Thursday, attaining a valuation of as much as $95.9 billion at the high end. Shares are expected to be priced the evening of May 17, with trading beginning on May 18.
If an over-allotment or "greenshoe" option is triggered, the company could end up raising close to $13.6 billion, according to a Thursday prospectus.
Investors are expected to flock to the highly anticipated IPO, though some have voiced concerns about the social network's longer-term growth
Last week, Facebook reported its first quarter-to-quarter revenue slide in at least two years, a sign that the social network's sizzling growth may be cooling just as it prepares to go public. Its stock should begin trading in about a week or two.
Facebook, which plans to list its stock on the Nasdaq under the ticker "FB", will begin meeting with investors on Monday.
LinkedIn Is Buying SlideShareBY
LinkedIn has just announced it plans to acquire San Francisco-based startup SlideShare for about $119 million. Founded in 2006, SlideShare is a web-based hub for people to store and share presentations. LinkedIn's announcement frames it as a way for "professionals to discover people through content, and content through people." "Presentations are one of the main ways in which professionals capture and share their experiences and knowledge, which in turn helps shape their professional identity," LinkedIn CEO Jeff Weiner said in the announcement, adding that they help people "discover new connections and gain the insights they need to become more productive and successful in their careers."
EBay Wants To Build NYC's Second-Largest Developer SpaceBY.
eBay just snapped up a massive 35,000 square foot NYC space that will house more than 200 developers when it opens this fall. Hunch founder Chris Dixon, who sold the company to eBay in November, will lead the team of developers and data scientists to further build out eBay's recommendation system. The space will also offer free working space for "friends of eBay" startups. Dixon told GigaOM he hopes eBay will become the second-largest developer space in New York after Google's, which currently employs more than 1,000 workers. EBay joins the roster of big-company developer niches in New York, which also includes Facebook, Twitter, and now Microsoft.
Walmart's "American Idol" Contest Has A Winner
Walmart's "American Idol" Contest Has A Winner
WalmartLabs, Walmart's online R&D arm, launched an American Idol style popularity contest online in March this year. Anyone could suggest products they wanted to see on Walmart's shelves, and customers could vote for their favorites. The Get On The Shelf contest gathered over a million votes for 4000 entries, including choice suggestions like a baby-proof toilet cover (to prevent kids from falling in), an in-nappy garbage bag (for less of a mess), a hot dog slicer, and a tuna squisher. Practical as these entries may be, Walmart's grand prize winner, announced today, has a socially conscious agenda: HumanKind Water gives away its net profits on sale of bottled water to countries which lack clean drinking water.
Pinterest Is Signing Up Translators to reach global audience.
Pinterest is looking for help taking its Midwest-led, hyper-addictive virtual pinboarding frenzy global. The company posted an ad late yesterday calling for translators to help translate Pinterest into other languages, and could speakers of one or more foreign tongues sign up with a dab of information? The company explained that they're starting in earnest with French, German, Japanese, Portugese and Spanish, but welcome help with Arabic, Danish, Dutch, Farsi, Filipino, Finnish, Hebrew, Hindi, Hungarian, Indonesian, Italian, Korean, Malay, Norwegian, Polish, Simplified Chinese, Swedish, Thai, Traditional Chinese, Turkish, and Urdu.
Microsoft Research Opens a research lab in NYC.
Microsoft is opening a research lab in NYC, and looking to partner with universities like Columbia U, NYU and others in the area. Their first crop of hires are 15 ex-Yahoo researchers and data fiends of various flavors, including network theorist and social media researcher Duncan Watts. In early April, Yahoo announced it would be laying off 2000 employees. The NYC office will be led by Microsoft Research HQ based in Cambridge, MA, which hosts Web and internet culture research celebs like Gen-Fluxer danah boyd (her annnouncement here).
Pinterest Is Signing Up Translators to reach global audience.
Pinterest is looking for help taking its Midwest-led, hyper-addictive virtual pinboarding frenzy global. The company posted an ad late yesterday calling for translators to help translate Pinterest into other languages, and could speakers of one or more foreign tongues sign up with a dab of information? The company explained that they're starting in earnest with French, German, Japanese, Portugese and Spanish, but welcome help with Arabic, Danish, Dutch, Farsi, Filipino, Finnish, Hebrew, Hindi, Hungarian, Indonesian, Italian, Korean, Malay, Norwegian, Polish, Simplified Chinese, Swedish, Thai, Traditional Chinese, Turkish, and Urdu.
Microsoft Research Opens a research lab in NYC.
Microsoft is opening a research lab in NYC, and looking to partner with universities like Columbia U, NYU and others in the area. Their first crop of hires are 15 ex-Yahoo researchers and data fiends of various flavors, including network theorist and social media researcher Duncan Watts. In early April, Yahoo announced it would be laying off 2000 employees. The NYC office will be led by Microsoft Research HQ based in Cambridge, MA, which hosts Web and internet culture research celebs like Gen-Fluxer danah boyd (her annnouncement here).
After The U.K. Censors It, Pirate Bay Site Sees Traffic Boom
Just the other day the torrent-source website Pirate Bay saw 12 million more daily visitors than it has ever had before. The news comes in the immediate aftermath of a U.K. High court decision to order local ISPs to block access to Pirate Bay's site, and it looks like some--such as Virgin Media--have already complied. A site spokesman is quoted as thanking the British Phonographic Institute, responsible for pressuring the courts to enforce the ban, for free advertising that rapidly spread throughout Europe. In the interim period between the decision and broad site-blocking, the site is said to plan educational tips for users on how to circumvent the ban. The move illustrates the technical complexities of trying to enforce blocks on parts of the Internet, and comes just as the high court in Pakistan rules that censoring the Internet is actually illegal.
MIT And Harvard Team Up For Online Education Platform EdX
MIT And Harvard Team Up For Online Education Platform EdX
MIT and Harvard are partnering up for a new online educational initiative. The brand new edX non profit builds on the MITx online course series that MIT launched in March this year (MITx is now a part of edX). "Anyone with an internet connection anywhere in the world can have access," Harvard president Drew Faust said at a press conference today. The two universities plan to collaborate with other universities across the country to offer online learning tools "on a single site," she added. The platform will start out hosting courses from MIT and Harvard, but will also help educators develop online learning technology and tools for distance learning. "Our goal is to educate a billion people around the world," head of MITx, Anant Agarwal, said in an introductory video. edX will be collecting data about how students learn online, and offer that data set to researchers building tools. Agarwal will lead edX as its first president. Agarwal said that Sal Khan, "a student of many of us here," was a leader in the field of online education, and his distinctive video style at Khan Academy did influence the way MITx and edX was designed. MITx itself shot off to hot start--its first online course on circuits received 120,000 registrations when it launched, MIT president Susan Hockfield said today.
Nokia has just announced that it's pressing lawsuits in the U.S. and Germany against rival phone makers HTC and RIM, plus Viewsonic for violating "a number" of patents it owns. Nokia's press statement argues that the move is "to protect its innovations and intellectual property," and only comes after what seem to be failed licensing talks--the firm's chief legal officer is quoted saying "We have already licensed our standards essential patents to more than 40 companies. Though we'd prefer to avoid litigation, Nokia had to file these actions to end the unauthorized use of our proprietary innovations and technologies, which have not been widely licensed." Specifically the IP covers dual-function antennas, power mangement and multimode radios and enhancements to application stores, multitasking, and a short list of other services that sound typical on current smartphones. Nokia was once king of cell phones, but recently saw its crown stolen by Samsung, and also Apple in terms of smartphone sales.
Instagram Hitting 50 Million Users About Now
According to some pretty simple math, Instagram's user base is topping 50 million people about now, a mere handful of days since it was sold to Facebook for a staggering billion-dollar price. Considering at the start of this year the user count was only around 15 million, this represents staggering growth. Some of this growth has come from the new Android compatibility (that caused such a rapid uptick in numbers it may have spurred the Facebook buyout), but as Mashable notes it seems that since this event the growth in numbers has been roughly shared by iPhone users and Android owners.
Spotify Launches An iPad App
Social music streaming service Spotify has finally released an app for the iPad, accessible to subscribers of its paid Premium service. The app has been a long time coming, as almost all its music streaming competitors seem to have an app out already. It was expected to surface at the recent Ad Age conference in New York City, but CEO Daniel Ek announced various app and big-name advertising partnerships instead. But then again, Spotify seems to be making quite the habit of late releases--the service itself only became available in the U.S. last summer, well after it was a hit in Europe.
Twitter's First University Collaboration, To Co-teach Berkeley Data Course
In its first partnership with a university, Twitter is sending engineers to advise a data class for computer science students at UC Berkeley this fall. Students will learn how to manipulate real Twitter data and build apps for the social netwok, something companies like Bluefin Labs tackle in earnest. The class, Analyzing Big Data With Twitter, is led by computer scientist and Berkeley faculty member Marti Hearst. Twitter is also inviting students to present their final projects at Twitter's HQ at the end of the course.
Baby Naming Gets Social, With Facebook-Linked Name Maker App.
The Central Baptist Hospital in Lexington Kentucky just had a Baby Name Generator app constructed for it, designed to help expectant mothers work out the "world's most perfect" or merely "super-cute" names. Its code centers on social media influencers, tech starts, sci-fi characters, notable vampires and so on...and once you've juggled together the world's most SEO-able, Klout-friendly name you can pin it on a virtual blanket and then pin that to Pinterest or share it on Twitter, Facebook and so on. And if you can't decide yourself, the app even lets your Facebook friends crowdsource a name for you by voting on your potential choices. Silly, but fun...and actually taps into an interesting social idea--that our future children's names could be more dynamic than historically typical. At the time of writing, the most shared name was "Schwarzenneger Churchill Ted," for a child that would seem destined for greatness.
Boeing handed over the ceremonial keys of a new 747-8 Intercontinental to Lufthansa Tuesday in what will be the new longest passenger airliner in the skies. The aircraft is the stretched version of the popular 747-400 series Lufthansa currently flies.
The new Boeing jet will enter service at the beginning of June on the Frankfurt to Washington Dulles International Airport route. It features redesigned business and first class cabins that are more luxurious than its predecessor.
"We are excited and thrilled to welcome the 747-8 Intercontinental to our fleet," Lufthansa Chief Executive Carsten Spohr says in a release. "And our passengers will love the new interior, which includes our all-new full-flat business-class cabin."
So far no U.S. airline has placed orders for the stretched and now longest commercial airliner, which measures a little more than 250 feet — more than 18 feet longer than its predecessor.
Until the introduction of this aircraft, Lufthansa lagged behind most of the other major international airlines in offering a business class seat that converts into a fully horizontal bed. At the press of a button, the seat converts into the lie-flat position that measures about 6.5 feet long.
The seats themselves are arranged in a "V" formation allowing for greater shoulder room between seatmates. Other improved features in business class include additional storage space and a much larger, 15-inch individual entertainment screen at each seat.
Unlike the 747-400 where first class was upstairs, that class will be located in the nose of the aircraft on the main deck. The seats in this cabin also convert into fully horizontal beds as shown to the left.
The aircraft seats a total of 362 passengers: eight in first class, 92 in business class and 262 in economy.
Lufthansa ordered 20 of the 747-8, five of which will be delivered this year. As more aircraft come online, they will be deployed on additional routes to Chicago, Los Angeles, New Delhi and Bangalore.
The final guidelines on Basel III capital regulations are enclosed. These guidelines would become effective from January 1, 2013 in a phased manner.
The Basel III capital ratios will be fully implemented as on March 31, 2018.
1 of 1 File(s)
The Basel III capital ratios will be fully implemented as on March 31, 2018.
1 of 1 File(s)
Do Cash Holdings Impact Funds' Performance?
Morningstar India recently published a joint study with the Hyderabad-based Indian School of Business to examine the impact of mutual funds' cash holdings on their overall performance.
The debate over the benefits of large cash holdings by actively managed funds has been ongoing for a long time. We try to delve deeper and check if equity funds in India observe better performance when holding higher cash during market downturns; or do they end up missing out on sudden upturns in the market.
In India, fund houses like Escorts, Reliance, Sahara and Taurus are known, within the industry, to take cash calls from time to time, with cash holdings in excess of 20% on many occasions. It should be noted here that the excess cash holdings played out mostly in the period of 2008-09, when the financial crisis was underway- taking its toll on markets. Post that period, cash calls by most funds have tempered down substantially—but then again, so has the adversity in stock markets. On the other hand, fund houses like Fidelity, Franklin Templeton, HDFC and Tata have maintained lower cash holdings, ranging between 4-8% over the past five- year period, across most of their funds.
Taking two categories of equity funds, Large Cap and Small & Mid Cap, we compare the highest cash holding funds with the lowest cash holding funds (See Table). In the case of large cap funds, the top 20 funds with high cash holding funds, held about 9% more cash on average, than the bottom 20 cash holding funds over the past five years, but have earned about 1.2% lower returns (annualized) than them, over the same period. The performance is particularly poor over a 3 year period, where their returns are about 7% lower than those funds with lesser cash holdings, within the large cap category.
We find a similar pattern in the case of Small & Mid Cap funds—although much starker. It seems that the top ten funds with the highest cash holding within this category, earned about 5.5% less (annualized) than the bottom ten funds with lower cash holding, over a five year period. Over a three- and one-year period, they earned approximately 9% (annualized) and 6% lesser, respectively.
Cash also seems to have a varying impact, depending on the category of fund. Large cap funds, by virtue of investing in more large and liquid stocks, are able to buy and sell the shares quickly, and hence the role of cash becomes less important. On the other hand, in the case of small/mid cap funds, keeping excess cash might mean losing out on an upswing, as the lower liquidity of these shares would result in the prices zooming up due to sudden demand. The vice-a-versa is also true. That is, in the case of illiquid stocks, selling might not be easy when there is a redemption pressure or a downturn. This probably explains the higher historical average cash holdings, of mid cap funds, when compared to their large cap peers.
We observe that the key risk in taking cash calls lies in deploying it at the right time. Fund managers often miss out on a sudden upturn, as is evident from the graphs below for large cap funds and mid cap funds. Clearly higher cash holdings have resulted in lower fund returns in the following months, especially when the markets have turned around very suddenly. Again, here the impact seems to be starker within the small/mid cap fund category, where there are instances when the funds with high cash holdings have underperformed those funds with lowest cash holdings, by more than 3% (on average) in the following month.
On a closing note, besides the cash holding, there are other important factors too, which have a bearing on the performance—like the quality of the fund management team, the processes in place etc. However, avoiding high cash calls, and remaining more invested across market cycles, does point towards a more disciplined approach towards investing. Moreover, it helps to neutralize the risk of being caught on the wrong foot, especially in event of a sudden upswing in markets. As legendary fund manager Peter Lynch once said—"Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves."
The debate over the benefits of large cash holdings by actively managed funds has been ongoing for a long time. We try to delve deeper and check if equity funds in India observe better performance when holding higher cash during market downturns; or do they end up missing out on sudden upturns in the market.
In India, fund houses like Escorts, Reliance, Sahara and Taurus are known, within the industry, to take cash calls from time to time, with cash holdings in excess of 20% on many occasions. It should be noted here that the excess cash holdings played out mostly in the period of 2008-09, when the financial crisis was underway- taking its toll on markets. Post that period, cash calls by most funds have tempered down substantially—but then again, so has the adversity in stock markets. On the other hand, fund houses like Fidelity, Franklin Templeton, HDFC and Tata have maintained lower cash holdings, ranging between 4-8% over the past five- year period, across most of their funds.
Taking two categories of equity funds, Large Cap and Small & Mid Cap, we compare the highest cash holding funds with the lowest cash holding funds (See Table). In the case of large cap funds, the top 20 funds with high cash holding funds, held about 9% more cash on average, than the bottom 20 cash holding funds over the past five years, but have earned about 1.2% lower returns (annualized) than them, over the same period. The performance is particularly poor over a 3 year period, where their returns are about 7% lower than those funds with lesser cash holdings, within the large cap category.
We find a similar pattern in the case of Small & Mid Cap funds—although much starker. It seems that the top ten funds with the highest cash holding within this category, earned about 5.5% less (annualized) than the bottom ten funds with lower cash holding, over a five year period. Over a three- and one-year period, they earned approximately 9% (annualized) and 6% lesser, respectively.
Cash also seems to have a varying impact, depending on the category of fund. Large cap funds, by virtue of investing in more large and liquid stocks, are able to buy and sell the shares quickly, and hence the role of cash becomes less important. On the other hand, in the case of small/mid cap funds, keeping excess cash might mean losing out on an upswing, as the lower liquidity of these shares would result in the prices zooming up due to sudden demand. The vice-a-versa is also true. That is, in the case of illiquid stocks, selling might not be easy when there is a redemption pressure or a downturn. This probably explains the higher historical average cash holdings, of mid cap funds, when compared to their large cap peers.
We observe that the key risk in taking cash calls lies in deploying it at the right time. Fund managers often miss out on a sudden upturn, as is evident from the graphs below for large cap funds and mid cap funds. Clearly higher cash holdings have resulted in lower fund returns in the following months, especially when the markets have turned around very suddenly. Again, here the impact seems to be starker within the small/mid cap fund category, where there are instances when the funds with high cash holdings have underperformed those funds with lowest cash holdings, by more than 3% (on average) in the following month.
On a closing note, besides the cash holding, there are other important factors too, which have a bearing on the performance—like the quality of the fund management team, the processes in place etc. However, avoiding high cash calls, and remaining more invested across market cycles, does point towards a more disciplined approach towards investing. Moreover, it helps to neutralize the risk of being caught on the wrong foot, especially in event of a sudden upswing in markets. As legendary fund manager Peter Lynch once said—"Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves."
• Could Savient Pharmaceuticals, Inc. (SVNT) Really be Bankrupt? More...
• Pfizer Inc. (PFE) Pays $450 Million to Brigham Young University Over Celebrex Spat More...
• Novaliq Receives E3.9 Million in Further Round of Financing Talks More...
• Pfizer Inc. (PFE) Races to Reinvent Itself, Hunts for Mid-size Drug DealsMore...
• Synexus Further Strengthens Its Presence in Poland with the Acquisition of Osteomed More...
• Axerion Therapeutics, AstraZeneca PLC (AZN) Inks Pact to Combat Alzheimer's Disease More...
• Gentium S.p.A. Appoints PharmaSwiss, S.A. as Exclusive Distributor of Defibrotide in Central and Eastern European Countries More...
• Evotec AG (EVTG.F) Grants Exclusive Rights on EVT 401 in China to Conba Pharmaceutical More...
• Nanobiotix and Thomas Jefferson University Start Research Collaboration More...
• Trevena, Inc. Enters Research Collaboration with Merck & Co., Inc. (MRK) To Identify Novel Biased Ligand Molecules More...
• Synergy Pharmaceuticals Appoints Gail M. Comer, M.D. as Chief Medical Officer More...
• Oxford BioTherapeutics Appoints Senior Industry Leader to Head its New Clinical Development Operations in Basel, Switzerland More...
• Althea Technologies, Inc. Appoints Dr. Kristin DeFife, Director, Biologics Manufacturing And Jack Wright, VP, Sales and Marketing More...
• Kevin C. O'Boyle Joins Durata Therapeutics, Inc. ' Board of Directors More...
• Knopp Biosciences Announces Recruiting of Key Scientific Executives and Completion of Laboratory Expansion More...
• Acura Pharmaceuticals, Inc. (ACUR) Announces First Quarter 2012 Financial Results More...
• Agennix AG Schedules Conference Call on May 9 to Discuss First Quarter 2012 Financial Results More...
• Amarin Corporation PLC (AMRN) to Report First Quarter 2012 Financial Results and Host Conference Call on May 8, 2012 More...
• AMAG Pharmaceuticals, Inc. (AMAG) Announces First Quarter 2012 Financial Results More...
• Arena Pharmaceuticals, Inc. (ARNA) Announces First Quarter 2012 Financial Results and Recent Developments More...
• Eli Lilly and Company (LLY) Invests in UK Research Base More...
• AVEO Pharmaceuticals, Inc. (AVEO) Lung Cancer Drug Fails Phase II Study More...
• Novartis AG (NVS) Drug for Smoker's Cough Boosts Lung Function in Study More...
• Novo Nordisk A/S (NVO) Says Blood Drugs Could Hold Blockbuster Potential More...
• Gilead Sciences, Inc. (GILD) Initiates Phase 3 Clinical Trial Evaluating GS-1101 for the Treatment of Chronic Lymphocytic Leukemia More...
• NovaBay Pharmaceuticals, Inc.'s Aganocide Out-Performed Traditional Antibiotics in Drug Resistance Study More...
• Pfizer Inc. (PFE), Protalix Biotherapeutics, Inc. (PLX) Wins FDA Nod for Gaucher Disease Drug; Genzyme Corporation (GENZ) Faces Competition More...
• MEDA's Dymista Approved by the FDA More...
• Acella Pharmaceuticals, LLC, Announces Approval of Generic Gabapentin Oral Solution More...
• Zogenix, Inc. Submits New Drug Application (NDA) to U.S. Food and Drug Administration (FDA) for Zohydro(TM) for Treatment of Chronic Pain More...
• Janssen Research & Development Submits XARELTO® (rivaroxaban) to U.S. FDA for the Treatment and Prevention of Recurrent Venous Thromboembolism More...
• A Woman's Intense Interest in Her Partner Shifts When Grandchildren Arrive,University of Oxford Study More...
• Fish Oil Doesn't Cut Failure Rate of Hemodialysis Grafts, Lawson Health Research Institute Study More...
• Computer Use and Exercise Combo May Reduce the Odds of Having Memory Loss, Mayo Clinic Study More...
• Vitamin D Blood Level for Reducing Major Medical Risks in Older Adults Identified, University of Washington Study More...
• Advanced Cell Technology Announces Massachusetts Eye and Ear as Additional Site for Clinical Trial for Dry Age-Related Macular Degeneration Using Human Embryonic Stem Cell-Derived RPE Cells More...
• Biodel Inc. (BIOD)'s Intellectual Property Position Strengthened for Ultra-Rapid-Acting Insulin Programs by Notice of Intent to Grant from European Patent Office More...
• Entia Biosciences Launches Medical Food for Treatment of Rheumatoid Arthritis More...
• Bioniche Life Sciences Inc. (BNC) Commercializing Two Products for Canine Cancer More...
• Pfizer Inc. (PFE) Pays $450 Million to Brigham Young University Over Celebrex Spat More...
• Novaliq Receives E3.9 Million in Further Round of Financing Talks More...
• Pfizer Inc. (PFE) Races to Reinvent Itself, Hunts for Mid-size Drug DealsMore...
• Synexus Further Strengthens Its Presence in Poland with the Acquisition of Osteomed More...
• Axerion Therapeutics, AstraZeneca PLC (AZN) Inks Pact to Combat Alzheimer's Disease More...
• Gentium S.p.A. Appoints PharmaSwiss, S.A. as Exclusive Distributor of Defibrotide in Central and Eastern European Countries More...
• Evotec AG (EVTG.F) Grants Exclusive Rights on EVT 401 in China to Conba Pharmaceutical More...
• Nanobiotix and Thomas Jefferson University Start Research Collaboration More...
• Trevena, Inc. Enters Research Collaboration with Merck & Co., Inc. (MRK) To Identify Novel Biased Ligand Molecules More...
• Synergy Pharmaceuticals Appoints Gail M. Comer, M.D. as Chief Medical Officer More...
• Oxford BioTherapeutics Appoints Senior Industry Leader to Head its New Clinical Development Operations in Basel, Switzerland More...
• Althea Technologies, Inc. Appoints Dr. Kristin DeFife, Director, Biologics Manufacturing And Jack Wright, VP, Sales and Marketing More...
• Kevin C. O'Boyle Joins Durata Therapeutics, Inc. ' Board of Directors More...
• Knopp Biosciences Announces Recruiting of Key Scientific Executives and Completion of Laboratory Expansion More...
• Acura Pharmaceuticals, Inc. (ACUR) Announces First Quarter 2012 Financial Results More...
• Agennix AG Schedules Conference Call on May 9 to Discuss First Quarter 2012 Financial Results More...
• Amarin Corporation PLC (AMRN) to Report First Quarter 2012 Financial Results and Host Conference Call on May 8, 2012 More...
• AMAG Pharmaceuticals, Inc. (AMAG) Announces First Quarter 2012 Financial Results More...
• Arena Pharmaceuticals, Inc. (ARNA) Announces First Quarter 2012 Financial Results and Recent Developments More...
• Eli Lilly and Company (LLY) Invests in UK Research Base More...
• AVEO Pharmaceuticals, Inc. (AVEO) Lung Cancer Drug Fails Phase II Study More...
• Novartis AG (NVS) Drug for Smoker's Cough Boosts Lung Function in Study More...
• Novo Nordisk A/S (NVO) Says Blood Drugs Could Hold Blockbuster Potential More...
• Gilead Sciences, Inc. (GILD) Initiates Phase 3 Clinical Trial Evaluating GS-1101 for the Treatment of Chronic Lymphocytic Leukemia More...
• NovaBay Pharmaceuticals, Inc.'s Aganocide Out-Performed Traditional Antibiotics in Drug Resistance Study More...
• Pfizer Inc. (PFE), Protalix Biotherapeutics, Inc. (PLX) Wins FDA Nod for Gaucher Disease Drug; Genzyme Corporation (GENZ) Faces Competition More...
• MEDA's Dymista Approved by the FDA More...
• Acella Pharmaceuticals, LLC, Announces Approval of Generic Gabapentin Oral Solution More...
• Zogenix, Inc. Submits New Drug Application (NDA) to U.S. Food and Drug Administration (FDA) for Zohydro(TM) for Treatment of Chronic Pain More...
• Janssen Research & Development Submits XARELTO® (rivaroxaban) to U.S. FDA for the Treatment and Prevention of Recurrent Venous Thromboembolism More...
• A Woman's Intense Interest in Her Partner Shifts When Grandchildren Arrive,University of Oxford Study More...
• Fish Oil Doesn't Cut Failure Rate of Hemodialysis Grafts, Lawson Health Research Institute Study More...
• Computer Use and Exercise Combo May Reduce the Odds of Having Memory Loss, Mayo Clinic Study More...
• Vitamin D Blood Level for Reducing Major Medical Risks in Older Adults Identified, University of Washington Study More...
• Advanced Cell Technology Announces Massachusetts Eye and Ear as Additional Site for Clinical Trial for Dry Age-Related Macular Degeneration Using Human Embryonic Stem Cell-Derived RPE Cells More...
• Biodel Inc. (BIOD)'s Intellectual Property Position Strengthened for Ultra-Rapid-Acting Insulin Programs by Notice of Intent to Grant from European Patent Office More...
• Entia Biosciences Launches Medical Food for Treatment of Rheumatoid Arthritis More...
• Bioniche Life Sciences Inc. (BNC) Commercializing Two Products for Canine Cancer More...
At its BlackBerry World conference in Orlando, Research In Motion just released its BlackBerry 10 operating system to developers keen to write apps for the platform, and it also showed "DevAlpha" testbed hardware for the OS--an all-touchscreen smartphone, with a 720p 4.5-inch screen. All approved developers can gain a handset to help them write code using the BB10 developer OS, but because BB10 is still in prototype phase it's incomplete and the newly-released system cannot hook up to Wi-Fi or make phone calls. BB10 and the touchscreen devices it'll run on represent RIM's hope at inserting BlackBerry's once again into the leading edge of smartphone tech--though early opinions on the software are somewhat lacklustre, and again lead to doubts RIM can catch up to Apple, Google and Microsoft, especially as consumer handsets aren't due to later in the year by which time new Apple and Android hardware will have arrived.
NFC and mobile payments really are breaking big... outside the U.S. Credit card company Visa has confirmed launch details of their mobile payment system V.me, first announced late last year. The mobile wallet service will launch in the U.K., Spain and France in August 2012, giving customers, banks and retailers access to multiple cards through a smartphone, computer, or tablet. "V.me sits at the heart of Visa’s future of payments," Mariano Dima, Executive Vice President of Product and Marketing Solutions at Visa Europe said in a release, adding that the service would be a "streamlined online checkout experience" and offer users "the same protection and rights that come with any Visa card transaction." Visa is gearing up for more change too--Dima added that "V.me will ultimately be able to incorporate any or all of our new payment technologies, allowing our members to deliver the best possible payments experience whether face-to-face, online or in a mobile environment." In the U.K., Visa will be partnering with payments processors WorldPay.
