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Technology
This non-profit organization's offices are located on the outskirts of town, and that makes getting a good internet connection iffy, according to a sysadmin pilot fish working there.
"When we finally decided to get high-speed internet, the only choice was wireless," says fish. "Not cellular wireless like you can get today -- just a directional antenna on the roof, pointed at the ISP's access point on the city water tower.
"It wasn't the best, and it took a few days of trips up to the roof of the building to repoint the antenna. But eventually it was working very well, especially compared to the individual dial-up that a lucky few users had before that."
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Samsung has put outearnings guidance for its Q2which indicate quarterly growth at its slowest for more than a year — as a lack of new ideas to sell high end smartphones drags on the companybottom line.
The electronics maker is reporting estimated profit of 14.8 trillion Koreanwon (USD$13.2BN) on revenue of 58 trillionKorean won (USD$51.9BN) for the quarter.
Samsungexpectation just misses an average estimate of 14.9 trillion won from 18 analysts polled by Thomson Reuters, and shares in the company are down just over 2 per cent on the earnings guidance news.
The Q2 forecast compares to profit of15.64 trillion Korean Won (USD$14BN) on revenue of 60.56 trillion Korean Won (USD$54.2BN) for its Q1— when Samsung reported a record operating profit off the back of growth in its semiconductor business plus the early global launch of its flagship Galaxy S9 smartphone.
Despite that Q1 high, it had prepared investors for a Q2 slowdown — warning in Aprilof challenging conditions ahead, citing weakness in the display panel segment and a decline in profitability on the mobile side, amid rising competition in the high-end smartphone segment.
At the same time, the global smartphone market is shrinking — even in China, the erstwhile growth engine for smartphones after Western markets saturated. So Samsungsmartphone business is facing a dual squeeze from shrinking sales opportunities and rising competition from the likes of ChinaHuawei and Xiaomi — two rival Android device makers that have been carving out additional marketshare.
Meanwhile, Samsungmain rival for high end smartphone profits, Apple, beat analyst estimates of iPhones shipments in its Q2 in May, despite an earlier miss in the holiday quarter — showing the staying power of its high end smartphone brand and a positive, if slow burn, response to how ititerating its mobile business, with the iPhone X.
Returning to Samsung, the positive story for the company — continued record growth for its chip business— is still not filling the smartphone-shaped profit hole in its books, even asrestarting momentum in the smartphone segment is looking increasingly tough in a very tough market.
The Galaxy S9 is a solid smartphone but serving up more of the same equals diminishing returns in the fiercely competitive Android space.And investors look circumspect, with shares in Samsung down around 12% this year.
One wild card on the device innovation front: Samsung has been teasing its R-D work to build a foldable smartphone for multiple years. Ahead of AppleiPhone X flagship launch last year Samsung suggested it was targeting 2018 to finally release a product.
However this is also a risky strategy given the obvious manufacturing challenges, and — beyond that — question marks over whether a foldable smartphone is really the type of mainstream innovation that could fire up major momentum among high end handset buyers or be viewed as a niche gimmick.
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Read more: Samsung forecasts slowing profit growth for Q2, missing analyst estimates
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Booksy, a Poland-based booking application for the beauty business, has raised $13.2 million in a series B effort to drive global growth. The company, founded in 2014 by Stefan Batory and Konrad Howard, is currently seeing 2.5 million bookings per month.
The company raised from Piton Capital, OpenOcean, Kulczyk Investments, and Zach Coelius.
Batory, an ultramarathoner, also co-founded iTaxi, Polandpopular taxi hailing app. Booksy came about when he was trying to schedule physiotherapy appointments after long runs. He would come home sore and plan on calling his physiotherapist but it was always too late.
&I didn&t want to bother him after I was done with my workout late night, and it was virtually impossible to contact him during day time as his hands were busy massaging people and he did not answer my calls,& he said.
Booksy launched in the US in 2017 and &rapidly become the number one booking app in the world,& said Batory.
&We will use the funding to drive global growth, recruit high profile talent and develop proprietary technologies that will further support beauty businesses,& he said. &That includes the implementation of one-click booking, a feature that uses machine learning and AI technologies, to determine each userbuying pattern and offer them the best dates with their favorite stylists, thus simplifying user experience for both merchants and their customers.&
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Read more: Booksy, the worldwide reservation system, raises $13.2 million
Write comment (95 Comments)Few debates can get as heated in blockchain circles as the simple question: which chain(s) Will a single public blockchain such as Ethereum become the one chain to rule us all, or will multiple chains co-exist in the marketplace
For Jutta Steiner, founder and CEO of Parity Technologies, the answer is resoundingly clear: all the chains will need to work together in concert, and she and her team have the answer with a set of tools including PolkaDot and Substrate.
Steiner was the debut speaker today at TechCrunch Sessions: Blockchain here in Zug, Switzerland, where a light drizzle created an … Ethereal mist amidst the scenery. Speaking to a sellout crowd, Steiner discussed the state of the blockchain world and how she is working to evolve it for more diverse applications.
She contextualized the need for new technologies by reminding us of the recent revelations around Facebookpersonal data leaks. &We just have to trust what the provider tells us,& she said, and noted that her long-term dream is a world in which &users are much more in control of their data.&
Empowering users, though, won&t be easy. Popular existing public blockchains like Bitcoin and Ethereum were designed very early in a rapidly burgeoning market, and Steiner believes that the blockchain community will need to do a better job of working with existing systems in order to reach critical adoption. Working on the Ethereum project, she said that it was &completely sensible& to build a new virtual machine at the time of the projectlaunch, but today believes that the community should increasingly rely on tried-and-true technologies like WebAssembly.
Those lessons around systems reliability were hard-earned. Parity, which provides a popular wallet for Ethereum, was forced to freeze hundreds of million of dollars of Ether last year due to a bug discovered in its core client library.
Steiner has a vision of a decentralized, multi-chain future, but is also diligently building that future through new tools. Parity is spearheading a new network known as PolkaDot, which is designed to create an interoperability layer between different blockchains. Unlike with a single hegemonic chain, a multi-chain network would empower developers to create application-specific chains appropriate for different types of workflows. &What we tried to do was basically come up with the most general framework,& she said. &You need different systems for different applications.&
Connecting chains is one thing, but building them from scratch then becomes the new bottleneck. Thatwhere another Parity technology — Substrate — comes in handy. Substrate is a framework to make it easier to launch blockchains with proper governance from the start, and Steiner said that it is the &next stage of how we are looking at blockchain.&
Together, these technologies and others combine into what Steiner described as Web3 — a future vision of a decentralized web built on blockchain that will empower the next generation of web users to control their data more robustly.
While Steinervision may have its adherents and detractors, it was a bold start of the day in Zug, and a reminder of the tremendous power for good that blockchain can produce for this world if we can harness its powers appropriately.
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Read more: Parity’s Jutta Steiner says the future of blockchain is many chains working together
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The bottom line: As you may have guessed from the name, the Dyson V6 Animal is a powerful, portable vacuum for getting animal hair out of your carpet.
It picks up minute particles of dust that many other cleaners miss, and, according to Dyson, it’s peerless in dealing with pet hair.
It's a step lower in price than its V8 alternative, but also comes
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The bottom line: This lightweight cordless vacuum is just the thing for lightening your housework load.
The Dyson V7 Motorhead Pro boasts 100W of power, and combines it with Dyson’s root cyclone technology for strong suction and a more thorough clean than much of the mains-powered competition.
Cordless and weighing only 2kg, this handheld stick
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