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Sports - Statistics make NBA more `beautiful`, says TV chief


It can look like a tsunami of statistics, but live tracking of every bounce and shot that has become a mark of the NBA has made it a more `beautiful game`, according to the executive who introduced the technology. Steve Hellmuth, NBA Entertainment executive vice-president for media operations and technology, told AFP that tracking had been a revolution for the sport and has changed strategies used by the 30 teams. Hellmuth, speaking on the sidelines of the Leaders Meet Innovation conference in London, said tracking is a boon to players and watchers.


Sunday, January 15, 2017  09:39

Yahoo

Business - Thesys to run massive U.S. securities markets trade depository


Thesys Technologies LLC has been chosen to build and run a massive stock and options trading database ordered by the U.S. Securities and Exchange Commission aimed at helping regulators police the increasingly fast, fragmented and complex markets. Thesys was selected in a vote by all U.S. stock and options exchanges, including Intercontinental Exchange Inc`s New York Stock Exchange, Nasdaq Inc, and Bats Global Markets, as well as the Financial Industry Regulatory Authority, the group said in a statement on Tuesday.


Tuesday, January 17, 2017  21:06

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Business - Exclusive: Pratt`s F135 engine chief, other employees leave after ethics issue - sources


Ten employees of United Technologies Corp`s Pratt & Whitney unit, including the head of its F135 engine program, have left the company after an internal audit uncovered an ethics issue linked to a visit by a South Korean delegation, sources familiar with the matter told Reuters. It involved a breach of Pratt`s strict ethics guidelines, but no violation of U.S. export control or anti-bribery laws, according to two of the sources. The issue centers on Pratt`s rental of a van to transport the South Korean officials during a 2012 visit to the company`s West Palm Beach facility in Florida, an expense deemed inappropriate under the company`s ethics rules, which are more rigorous than U.S. law, said another source, who was not authorized to speak publicly.


Friday, January 13, 2017  18:46

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Business - Qualcomm set to face U.S. antitrust case on licensing practices - Bloomberg


(Reuters) - Qualcomm Inc is set to face a U.S. antitrust case for allegedly using unfair practices in the way the chipmaker licenses its technology, Bloomberg reported, citing people familiar with the matter. (http://bloom.bg/2iLeYus)


Tuesday, January 17, 2017  19:57

Yahoo

Business - Blockchain could save investment banks up to $12 billion a year: Accenture


By Anna Irrera and Jemima Kelly NEW YORK/LONDON (Reuters) - Blockchain technology could help the world`s largest investment banks cut their infrastructure costs by between $8 to $12 billion a year by 2025, according to a report by Accenture. The report, published on Tuesday jointly with benchmarking firm McLagan - part of consultancy Aon Hewitt - is based on an analysis of cost data from eight of the world`s ten largest investment banks, and provides a rare concrete estimate of blockchain`s potential savings. Originally used to underpin digital currency bitcoin, blockchain is a distributed record of transactions, or other data, maintained by a network of computers on the internet without the need for approval from a central authority.


Tuesday, January 17, 2017  12:47

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World - Top Asian News 12:01 p.m. GMT


SYDNEY (AP) After nearly three years, the hunt for Malaysia Airlines Flight 370 ended in futility and frustration Tuesday, as crews completed their deep-sea search of a desolate stretch of the Indian Ocean without finding a trace of the plane or the 239 people aboard it. The Joint Agency Coordination Center in Australia, which helped lead the $160 million hunt for the Boeing 777 in remote waters west of Australia, said the search had officially been suspended after crews finished their fruitless sweep of the 120,000-square kilometer (46,000-square mile) search zone. `Despite every effort using the best science available, cutting-edge technology, as well as modeling and advice from highly skilled professionals who are the best in their field, unfortunately, the search has not been able to locate the aircraft,` the agency said in a statement, which was a joint communique from the transport ministers of Malaysia, Australia and China.


Tuesday, January 17, 2017  12:10

Yahoo

World - Top Asian News 11:46 a.m. GMT


SYDNEY (AP) After nearly three years, the hunt for Malaysia Airlines Flight 370 ended in futility and frustration Tuesday, as crews completed their deep-sea search of a desolate stretch of the Indian Ocean without finding a trace of the plane or the 239 people aboard it. The Joint Agency Coordination Center in Australia, which helped lead the $160 million hunt for the Boeing 777 in remote waters west of Australia, said the search had officially been suspended after crews finished their fruitless sweep of the 120,000-square kilometer (46,000-square mile) search zone. `Despite every effort using the best science available, cutting-edge technology, as well as modeling and advice from highly skilled professionals who are the best in their field, unfortunately, the search has not been able to locate the aircraft,` the agency said in a statement, which was a joint communique from the transport ministers of Malaysia, Australia and China.


Tuesday, January 17, 2017  11:53

Yahoo

World - Top Asian News 11:30 a.m. GMT


SYDNEY (AP) After nearly three years, the hunt for Malaysia Airlines Flight 370 ended in futility and frustration Tuesday, as crews completed their deep-sea search of a desolate stretch of the Indian Ocean without finding a trace of the plane or the 239 people aboard it. The Joint Agency Coordination Center in Australia, which helped lead the $160 million hunt for the Boeing 777 in remote waters west of Australia, said the search had officially been suspended after crews finished their fruitless sweep of the 120,000-square kilometer (46,000-square mile) search zone. `Despite every effort using the best science available, cutting-edge technology, as well as modeling and advice from highly skilled professionals who are the best in their field, unfortunately, the search has not been able to locate the aircraft,` the agency said in a statement, which was a joint communique from the transport ministers of Malaysia, Australia and China.


Tuesday, January 17, 2017  11:50

Yahoo

World - Top Asian News 11:13 a.m. GMT


SYDNEY (AP) After nearly three years, the hunt for Malaysia Airlines Flight 370 ended in futility and frustration Tuesday, as crews completed their deep-sea search of a desolate stretch of the Indian Ocean without finding a trace of the plane or the 239 people aboard it. The Joint Agency Coordination Center in Australia, which helped lead the $160 million hunt for the Boeing 777 in remote waters west of Australia, said the search had officially been suspended after crews finished their fruitless sweep of the 120,000-square kilometer (46,000-square mile) search zone. `Despite every effort using the best science available, cutting-edge technology, as well as modeling and advice from highly skilled professionals who are the best in their field, unfortunately, the search has not been able to locate the aircraft,` the agency said in a statement, which was a joint communique from the transport ministers of Malaysia, Australia and China.


Tuesday, January 17, 2017  11:21

Yahoo

World - Top Asian News 10:58 a.m. GMT


SYDNEY (AP) After nearly three years, the hunt for Malaysia Airlines Flight 370 ended in futility and frustration Tuesday, as crews completed their deep-sea search of a desolate stretch of the Indian Ocean without finding a trace of the plane or the 239 people aboard it. The Joint Agency Coordination Center in Australia, which helped lead the $160 million hunt for the Boeing 777 in remote waters west of Australia, said the search had officially been suspended after crews finished their fruitless sweep of the 120,000-square kilometer (46,000-square mile) search zone. `Despite every effort using the best science available, cutting-edge technology, as well as modeling and advice from highly skilled professionals who are the best in their field, unfortunately, the search has not been able to locate the aircraft,` the agency said in a statement, which was a joint communique from the transport ministers of Malaysia, Australia and China.


Tuesday, January 17, 2017  11:08

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