What’s This Mean For Everybody Else? Maybe Nothing The move could have significant impact on the emergence of other digital newsstands as well as other dotcom giants like Amazon that offer free mobile apps so users of devices like the iPad can make purchases directly from the Kindle app. While Apple has made more money selling devices than content and apps, requiring people to access more content from more sources on their iPhones and iPads would require more people to buy more devices, according to The New York Times. However, Amazon (and Barnes & Noble) may not face the same problems as Sony because they enable consumers to buy books directly from their sites, which wasn’t the case with the Sony Reader Store, according to Mashable. Apple, potentially Google and publishing industry home team Next Issue Media are all reportedly working on their one-stop shops for digital periodicals, while Barnes & Noble, Amazon and some of the digital magazine vendors, such as Zinio, are already offering a newsstand experience. Next Issue Media has said its storefront will only be compatible with Google’s Android system to start while some observers have wondered whether standalone newsstands like Zinio will maintain their independence or fold into iTunes once Apple launches its newsstand (Zinio says it has “no comment” on Apple’s latest decision). However, many of the digital edition providers say the steps Apple is taking won’t hurt publishers. Digital edition provider Yudu (which has tied its offerings directly to Apple products such as the iPad) says Apple’s new policy could actually benefit smaller and medium-sized publishers by offering a far larger audience through the App store than they could ever get through print. “This announcement will mark an improved user experience and allow for easier access to their chosen material, directly from the App Store,” says Yudu CEO Richard Stephenson. “The consumer will no longer have to navigate away from the App Store to third party portals and payment gateways.” Texterity is “relieved” with what it’s hearing from Apple. “What they’re asking is reasonable,” says Texterity president Martin Hensel. “We do a lot of b-to-b magazines and Apple is cool with us putting people through a qualification form. We do a lot of association magazines where the magazines come as part of the membership and Apple is cool with us verifying that someone is a member without having to go through the iApp process. The only time we have to offer the iApp process is when we’re selling a digital-only subscription or a print and digital subscription at a premium over print-alone.”Marcus Grimm, marketing director at Nxtbook Media, has a three-phase recommendation for publishers who want to develop Apple apps. “One, make sure your business plan can support giving Apple their cut, if it comes to that,” he says. “Two, publishers should also be working out their Android strategy, which is easier business-wise, though more complex technology-wise, with multiple versions to support. Three, this is yet more proof that publishers need to make sure their Apple investment is worth the return. Publishers can get their content on these devices effectively without spending an arm and a leg, particularly if Apple wants 30 percent of said limbs.” Apple has reportedly rejected Sony’s reader app from the App store for selling content within the app and letting customers make purchases outside the App store (such as within the Sony Reader Store, according to The New York Times). From now on, all in-app purchases have to go through Apple, according to Steve Haber, president of Sony’s digital reading division. “It’s the opposite of what we wanted to bring to the market,” Haber is quoted as saying by The Drum. “We always wanted to bring the content to as many devices as possible, not one device to one store.”The news comes the day before Apple and News Corp. are supposed to debut News Corp.’s new digital magazine The Daily, and many observers predict Apple will use that opportunity to unveil a new subscription system. Publishers may now need to start paying Apple the 30 percent commission that’s always existed but hasn’t been strictly enforced. Publishers will also have to make sure all apps comply with Apple’s developer guideline by March 31.
The oil price increase following the death of Saudi Arabia’s King Abdullah is unlikely to continue as there is an oversupply in the crude market, say industry sources.In a television speech, newly-anointed King Salman said that he will stick with his predecessor’s policies. The royal decree stated that Oil Minister Ali al-Naimi’s role will not change.Saudi Arabia is a key constituent of the Organization of Petroleum Exporting Countries (OPEC) cartel. At the OPEC meeting held in November 2014, al-Naimi declined to cut output “despite a slide in prices, marking a shift in strategy toward defending market share rather than supporting price,” Business Insider reports. This move irked fellow exporters, Iran and Venuzela.Oil GlutPointing at the oversupply in the oil market, Stephen Schork – President of Schork Group – noted that even as the King’s death matters, it does not change the fundamentals; maintaining that Saudi Arabia would try to preserve their market share.Brent crude rose as high as 2.6 percent on Friday after the King’s death was announced.King Salman ReutersThe markets knew beforehand that Salman, in his previous role as the Crown Prince, backed the policies of late King Abdullah, eliminating any uncertainty, LiveMint reports.The kingdom is unlikely to face in-fighting, as the hierarchy is well defined. However, the question that is worrying the people is whether they will witness any progression under the new king, in a place that is long known for being very conservative.Ali al-Naimi Saudi Arabia’s Oil Minister Ali Al-Naimi attends the First Gulf Cooperation Council (GCC) Petroleum Media Forum in KuwaitReutersAli al-Naimi has served the kingdom as its Oil Minister since 1995. He sets the oil policy for the kingdom in consultation with the ruling family. He also represents the nation at the OPEC cartel and holds considerable control. The 79-year-old is also the chairman of the board of the King Abdullah University of Science and Technology (KAUST).The nation produces more than a tenth of the world’s crude oil and is the only nation that can act as a swing producer. Saudi Arabia depends on oil for 46 percent of its GDP, though in the recent years, it has been trying to emulate Dubai’s infrastructure boom.
The main entrance of the Anti-Corruption Commission headquarters in Dhaka. UNB File PhotoThe Anti-Corruption Commission (ACC) has decided to interrogate the bodyguard and driver of police’s suspended Deputy Inspector General (DIG) Mizanur Rahman on Sunday in connection with the allegation of bribery against him, reports UNB.Bodyguard Hridoy Hasan and driver Saddam Hossain were asked to appear at the ACC headquarters on 7 July, ACC public relations officer Pranab Kumar Bhattacharya said.Earlier on 1 July, the national anti-graft body sent a letter to DIG Mizan asking him to turn up at its office at 10:00am on 8 July for interrogation as he skipped the grilling on 1 July citing personal reasons.A private TV channel recently reported that Mizan gave Tk 4 million to ACC director Khandaker Enamul Basir to get clean chit in a corruption case.Top-ranking police officer Mizanur Rahman amassed Tk 32.8 million illegally between 1998 and 2018, according to a probe conducted by the ACC.The additional commissioner of Dhaka Metropolitan Police (DMP) made the money by taking bribes and committing corruption.He was withdrawn on 9 January last year following an allegation of threatening a female news presenter of a private television channel.He had also reportedly married a woman forcibly and tortured her. Mizan allegedly picked up the 25-year-old woman in July, 2017 and forcibly married her.
Kolkata: Two workers were killed in a coal mine at Pandaveswar in West Burdwan when a portion of it caved in on Sunday early morning.Police said the victims — Chandrasekhar Giri (42) and Kaleswar Mahato (40) — were working night shift and they got trapped when a portion of mine caved in at around 4.15 am on Sunday. The incident took place at Pandaveswar Khottadihi Coalmine.Chandrasekhar used to work as an overman while Kaleswar was a dresser.They were working at the coal mine since last night. All of a sudden, a rock slab around seven feet in length fell on them. Also Read – Rain batters Kolkata, cripples normal lifeOther workers gathered in the area and took the initiative to rescue them. Disaster Management Group of the Eastern Coalfields Limited (ECL) also went to the spot and continued the rescue work. They found the workers trapped inside the coal mine. Both of them were rescued and taken to a hospital where they were declared brought dead.The incident led to panic among other workers and immediately demanded necessary steps to check recurrence of such incidents. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedThey also demanded a probe by the ECL authorities in this connection. The victim’s co-workers demanded a compensation amount and a job for one of their family members.Other workers, who witnessed the incident, told police they heard a loud sound all of a sudden.Initially, they couldn’t understand what had happened. Later, they realised that a portion of the coalmine had caved in. Initially, they couldn’t understand whether anyone was trapped under it. But within a few minutes, it became clear to them that Chandrasekhar and Kaleswar were trapped. They cried for help and the authorities took necessary step to carry out the rescue work.”Both Chandrasekhar and Kaleswar were busy in their work when the incident took place. They did not get time to move out of the place before the rock slab fell on them,” said a worker adding that they expect that the authorities will take necessary steps so that such an incident doesn’t take place again.
Kolkata: The Trinamool Congress party office in Contai was ransacked and some vehicles parked outside set ablaze by alleged BJP supporters on Tuesday evening.Suvendu Adhikari, the state Transport minister, stated that BJP supporters, after attending Amit Shah’s rally, ransacked the party office along with several nearby shops. Some bikes were also set on fire. There were long queues of cars on Contai bypass and the miscreants broke the windscreens of many of them that were caught up in the traffic jam. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killed”We do not believe in violence. Or else, we could have taught them a lesson. Such incidents are uncalled for and unfortunate. BJP is losing ground everywhere and such incidents reflect the nervousness of the party,” said Suvendu. He further added: “The BJP should first concentrate on defending its government at the Centre. The people of this country have already made up their mind to vote them out.” “They (BJP) should stop lecturing others on democratic values and people’s rights. Had they provided good governance, they would not have been voted out in three Hindi heartland states (Rajasthan, Chhattisgarh and Madhya Pradesh in the December Assembly polls)”, he said. Meanwhile, Trinamool MP Sisir Adhikari alleged that the CPI(M) supporters who have recently joined the saffron party were behind the Contai ransack. The TMC will take out a rally condemning the incident on Wednesday.
October 24, 2014 Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Register Now » 1 min read This story originally appeared on Reuters Amazon.com Inc took a $170 million writedown in the third-quarter largely related to its unsold stockpile of Fire smart phones as well as supplier commitment costs, Chief Financial Officer Tom Szkutak said on Thursday.The online retailer, which also issued a disappointing fourth-quarter outlook that sent shares down 9 percent in after-hours trading, ended the third quarter with about $83 million worth of Fire phone inventory.The Fire phone debuted this summer to both lackluster sales and reviews. Last month, Amazon cut the price of its phone to 99 cents with a two-year contract with AT&T.(Reporting by Deepa Seetharaman; Editing by Chris Reese)
Firefighters are currently tackling a large fire in Rugeley – with roads closed as a number of fire crews tackle the blaze. Emergency services were called to Power Station Road at around 11am this morning due to a blaze in a timber yard – with a number of vehicles including a lorry, a car and a caravan also well-alight Five fire engines are on the scene and police say road closures are in place, with Power Station Road now closed in both directions. Possible delays also expected on the nearby railway line. A Staffordshire Fire and Rescue Service spokeswoman said: ” The incident now involves, cars, caravan and pallets of timber well alight. There are now four main jets in use. “The incident is expected to affect railway lines and road so please check before you travel.” The spokeswoman added: “We re advising local residents and business, in close proximity to the incident, to keep windows and doors closed as a precaution due to the smoke issuing from the fire.” A Staffordshire Police spokesman said: “We are currently assisting our colleagues from Staffordshire Fire and Rescue Service with a large fire on Power Station Road, Rugeley. Read MorePolice: The ‘absolutely wonderful’ family of Ryan Evans will get all the support they need in their ‘darkest hour’ “We received reports of the blaze just before 11am today. There are some road closures in place. Please avoid the immediate area until further notice.” We will bring you updates as we get them.15:21Fire now outA Staffordshire Fire and Rescue Service spokeswoman said:The fire on Power Station Road is now out and crews have used five liters of compressed air foam to damp down the area. A crew from Lichfield will inspect the site again at 5pm to ensure no more hot spots develop. “12:20Fire has spread to other vehiclesA Staffordshire Fire and Rescue Service spokeswoman said:Power Station Road is now closed in both directions. The incident now involves, cars, caravan and pallets of timber well alight. There are now four main jets in use. Please keep windows and doors shut due to the smoke.” 12:18Rugeley Fire: What we know so farThe fire involves a timber yard and a lorry on Power Station Road in RugeleyFive fire engines are currently at the sceneEmergency services were called just before 11amPolice have closed a number of roads and are asking residents to avoid the areaFirefighters say a nearby raiway line may experience disruption as a result of the fireResidents and businesses in the area are being asked to keep their windows closed12:11Residents should keep windows and doors closedA Staffordshire Fire and Rescue Service spokeswoman said:We re advising local residents and business, in close proximity to the incident, to keep windows and doors closed as a precaution due to the smoke issuing from the fire.”