Enquire
+822 3450 1676
CALL US

Blog Archive

  1. Home
  2. Blog Archive

Nobel-winning MRI pioneer Richard Ernst dies

ZURICH (AFP) – Richard Ernst, who won the 1991 Nobel Prize in Chemistry for developing the nuclear magnetic resonance (NMR) spectroscopy, has died at the age of 87, the ETH Zurich university announced on Tuesday (June 8). Ernst died on Friday in Winterthur, the city outside Zurich where he was born in 1933. NMR spectroscopy can be used to study the interaction of atoms and their neighbouring atoms in molecules, said ETH, the Swiss Federal Institute of Technology. Scientists use the method to determine the three-dimensional structure of molecules. “As a further development of NMR, Ernst also laid the foundations for magnetic resonance imaging (MRI),” which depicts tissue and organs in the body, ETH said. “It is impossible to imagine modern medicine without it.” Ernst studied chemical engineering at ETH Zurich in the 1950s and received his doctorate in physical chemistry in 1962. He worked in the private sector in the United States before returning to ETH as a professor. He was awarded a Nobel “for his contributions to the development of the methodology of high resolution nuclear magnetic resonance spectroscopy”, his citation said. “NMR spectroscopy has during the last 20 years developed into

Continue reading

Analyst Ratings For Wendy's

Wendy’s (NASDAQ:WEN) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 1 0 0 Somewhat Bullish 0 0 0 0 Indifferent 0 2 0 0 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 4 analysts offering 12-month price targets in the last 3 months for Wendy’s evaluate the company at an average price target of $25.5 with a high of $27.00 and a low of $24.00. This current average represents a 4.81% increase from the previous average price target of $24.33. Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions. Analysts can recommend “buy”, “sell”, “hold”, or similar verbage for each stock based on that company’s recent performance. “Buy” indicates that an analyst is optimistic about a stock’s short-term or mid-term

Continue reading

France's Renault charged with deception over 'dieselgate' probe

PARIS (REUTERS) – French carmaker Renault said on Tuesday (June 8) that a French court had charged the firm with deception over a diesel emissions probe launched in 2017, focused on some of its older vehicles and suspected test manipulations. Several carmarkers in Europe have come under scrutiny since the Volkswagen “dieselgate” scandal which erupted in 2015 over test-cheating in the United States, at a time when regulators are becoming ever tougher on pollution standards. Renault denied any wrongdoing. “Renault denies having committed any crime, and reiterates that its vehicles are not my any measure equipped with systems that would enable it to cheat in emissions testing,” the group said in a statement. “All Renault vehicles have always been approved in accordance with applicable laws and regulations.” Renault’s engineering boss Gilles Le Borgne told reporters it was not clear how many of the group’s cars were potentially affected by the probe. Volkswagen admitted in 2015 that it had rigged engine software with “defeat devices” to cheat US diesel tests, a scandal that has cost the group more than €32 billion (S$50 billion) in fines, refits and legal costs since and reverberated across the industry.

Continue reading

Tough fight looms against ransomware 'epidemic'

WASHINGTON (AFP) – A latest wave of ransomware attacks hitting the United States and globally portends a difficult battle against hackers, even as government and the private sector ramp up defences. Attacks hitting the Colonial Pipeline and the major JBS meatpacking operations are examples of a burgeoning cybercrime industry with the potential to inflict pain and extract profits by impacting “critical” networks, experts say. Other recent targets include local governments, hospitals, insurers, a ferry system and others in the United States and globally, with many of the attacks attributed to Russia-based hackers operating with at least tacit approval from the Kremlin. At least US$18 billion (S$23 billion) was paid to ransomware attackers last year, according to the security firm Emsisoft, which found “tens of thousands” of victims so far in 2021. “Ransomware is hitting epidemic proportions and business as usual isn’t going to cut it,” said Frank Cilluffo, director of Auburn University’s McCrary Institute for Cyber and Critical Infrastructure Security. Parham Eftekhari, chairman of the Institute for Critical Infrastructure Technology, a think-tank focused on cybersecurity, noted that a rush to digitisation of more systems has opened up more avenues for hackers. “We are prioritising

Continue reading

Google just made a key concession to smaller search rivals in Europe

In this articleGOOGL SOPA Images | Contributor | Getty ImagesLONDON — Google said Tuesday that it will stop charging a fee for search engines to appear in a list of default search engines on Android that’s exclusive to European users.The so-called “choice screen” was introduced by Google in 2019 in response to a record $5 billion antitrust fine from the European Union targeting anti-competitive practices in its smartphone software.Search engines would have to take part in blind auctions in which they bid to appear in the choice screen — which is shown to users when setting up their device — in various EU countries.Now, Google has scrapped the auctions, in a key concession to the U.S. internet giant’s smaller competitors.Google said that after “further feedback” from the European Commission — the EU’s executive body — “we are now making some final changes to the Choice Screen including making participation free for eligible search providers.””We will also be increasing the number of search providers shown on the screen,” Oliver Bethell, director of competition legal at Google, said in a blog post. “These changes will come into effect from September this year on Android devices.”In 2018, the EU fined Google $5 billion for

Continue reading

Apple would've been better off taking a 10% commission rate from apps, says Bill Gurley

In this articleAAPLBenchmark’s Bill Gurley said Tuesday that Apple set itself up for trouble years ago when it implemented its 30% take rate of in-app purchases, a figure that’s been under increased scrutiny.”I’d always rather see a company have a lower rake and have a very long sustainable future, and I felt the 30% number was so high and so egregious that you were going to set yourself up for the exact type difficulty you’re having right now,” Gurley, who led the firm’s investments in companies like GrubHub and Zillow, said in interview on CNBC’s TechCheck.Apple has for years taken 30% from purchases of software or digital goods from apps distributed through the App Store. But developers have alleged that Apple’s App Store platform is unfair to smaller companies, and last year Apple lowered the commission to 15% for apps with less than $1 million in annual net sales on its platform. Most recently, Epic Games sued Apple and argued in court that the company’s App Store is anti-competitive.Apple has denied the allegations and has said it “does not have a dominant market share in any category where we do business.” In response to the suit, Apple is arguing that it built the

Continue reading

5 Features From Apple WWDC's First Day That Stand Out To Loup Ventures Analyst

Apple Inc.’s (NASDAQ:AAPL) Worldwide Developers Conference 2021 started Monday as a virtual event, with some key items being announced.  Famed Apple analyst and managing partner at Loup Ventures Gene Munster offered his take on Apple’s software-focused event. Five Features That Stood Out: Out of the slew of announcements, Munster sees the following as key features: 1. Mail Privacy Protection that will lead to spam reduction2. FaceTime scheduling, and music, video and document sharing features3. Apple Wallet driver’s license support4. Siri voice control expansion to Apple TV and third-party hardware5. watchOS 8 biomarker update Calm Before The Storm: Apple’s announcements Monday collectively add up to a tighter ecosystem, improving the ease of use of products, Munster said. Apple’s exciting hardware announcements, the analyst said, typically arrive in September and October. “From a high level, this year, and maybe even next year’s WWDC event, will amount to a calm before an Apple innovation storm,” the analyst wrote in the note. Apple’s intense ongoing development related to new product categories around augmented reality wearables and transportation was evident from the announcements, Munster said. Related Link: 10 Things Apple Investors May Wish For In 2021 Apple Shows Intent On Appstore Commission: Although Apple

Continue reading

What is Fastly and why did it just take a bunch of major websites offline?

The logo of US cloud computing services provider Fastly is seen on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesA slew of major websites including Amazon, Reddit and news publishers like The New York Times were affected by a massive internet outage Tuesday.The outages started at around 6 a.m. ET, with users reporting they were receiving error messages including “Error 503 Service Unavailable” and “connection failure” when attempting to visit various websites.The sites — which also included the U.K. government website —  are now mostly back online.Early reports have pointed the blame at Fastly, an American cloud computing services firm. Fastly’s status page said Tuesday morning that it was investigating a technical issue. It now says the issue has been resolved.Shares of Fastly were down in U.S. premarket trading, but rose as much as 6% as markets opened for trading Tuesday.What is Fastly?Fastly operates what’s known as a content delivery network, or CDN.CDNs are networks of servers and data centers distributed around the world that allow for the transfer of assets needed for loading internet content.The company describes its technology as an “edge cloud” platform, which essentially means it places its infrastructure closer to the location

Continue reading
Stay Updated

      Global Asset Management was founded on the principals of providing excellence in customer service and wealth management. Many years later our approach has remained the same. We pride ourselves on our long-term and multi-generational relationships.

      ADDRESS

      17F East Center
      Center 1 Building
      26 Euljiro 5 gil
      Jung-gu
      Seoul 04539, Korea

      PHONE

      +822 3450 1676

      EMAIL

      info@global-asset-mgmt.com