Former Texas Tech Star and NBA Veteran Andre Emmett

Police are now looking for two black males, one of them described as being tall and slender. It’s also said the men fled in a white Chrysler 300 after the shooting. Andre Emmett, a former basketball player for Texas Tech, the NBA and the BIG3 league, was shot and killed in his hometown of Dallas, Texas, on Monday at 2:30 a.m. Andre Emmett, who played for the NBA and Big3 league, was shot and killed in his hometown of Dallas. (Photo: Jamie Squire / Getty Images Sport via Getty Images) He was selected by the Seattle Supersonics in the 2004 NBA draft as the 35th pick and also played for the Memphis Grizzlies, as well as the New Jersey Nets. A 6-foot-5 guard, Emmett was considered a star at Texas Tech when he played for the Red Raiders from 2001 to 2004, and he’s the school’s all-time leading scorer with 2,256 points. He was inducted into the Texas Tech Hall of Fame in 2018, and his name is currently engraved in United Supermarkets Arena. He was later found “several hundred feet” from his home by someone who called 911 and later died at the hospital at the age of 37. “Thank you for the competitor you were on the court and the incredible person you were off of it,” a tweet sent Monday read. “Thank you for the many amazing memories you helped create. “Thank you for inspiring the entire Texas Tech family. Rest In Peace, Dre.” According to KCBD 11, Emmett was sitting in his vehicle in front of his home when he was approached by two men who pulled out a gun. An “altercation” began, and Emmett was shot as he tried to run away. Texas Tech also put out a statement. Emmett played overseas as well and played two seasons for the BIG3 on 3’s Company, where he was the second-leading scorer in the league. “The BIG3 is in a state of shock over the sudden and tragic death of Andre Emmett,” said the league in a statement. “Andre was a member of the BIG3 family for two seasons and never without a smile on his face … His kindness towards others and easy-going demeanor made him a joy to be around.” read more

Interception Bill Repealed

first_img ALERT # 2 ON POTENTIAL TROPICAL CYCLONE NINE ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY THURSDAY 12TH SEPTEMBER, 2019 AT 9 PM EDT Facebook Twitter Google+LinkedInPinterestWhatsApp Electricity Cost of Service Study among the big agenda items at September 11 Cabinet meeting Related Items:#magneticmedianews Facebook Twitter Google+LinkedInPinterestWhatsAppNassau, Bahamas, February 23, 2017 – The We March against the Interception of Communication Bill was repealed and many are calling it a victory for those who accused the PLP Government of rushing the bill to law.On Tuesday night, Attorney General, Allyson Maynard Gibson withdrew the bill, citing that it is needed but agreeing that her office must work with civil society in a consultative stage before legislation is tabled.   Maynard Gibson during debate on the controversial document said with education on the need for the bill, there will come increased support for it.A Kill the Bill movement was started almost immediately after the proposed legislation was introduced in the House of Assembly and now it is gone from the table and going to the public. Activist and Attorney, Fred Smith was vociferous about the proposed law.  Dubbed the Spying Bill, We March Bahamas was due to march Wednesday in objection to the rush and the proposed law.The Minister for Justice said this too during her announcement Tuesday night to pull the bill, “During this period, we will work with civil society to ensure that Bahamians will have an opportunity to learn about and review the legislation, have their questions answered and their concerns addressed.”  Many say it is what should have been done in the first place.#MagneticMediaNews The Luxury of Grace Bay in Down Town Provo Recommended for youlast_img read more

International Federation of Women Lawyers – Courtesy Call at OPM in Grand

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, November 14, 2017 – Grand Bahama – Delegates of the International Federation of Women Lawyers (FIDA), led by their International President Grand Bahama resident Jethlyn Burrows, paid a courtesy call on the Minister of State in the Office of the Prime Minister, Grand Bahama, Senator the Hon. J. Kwasi Thompson, on Monday, November 13.   Over 200 delegates are expected on island for their 36th Triennial Conference at the Grand Lucayan from today to November 17.The convention is being held under the theme, “The Economic Empowerment of Women and Children in an Evolving World.”   During the courtesy call, Minister Thompson welcomed the guests to Grand Bahama and said that while he knows they will have a successful convention, he hopes they will enjoy some of what Grand Bahama has to offer.FIDA, organized in 1944, is a non-profit, non-governmental organisation in consultative status with the United Nations.   The organisation functions to promote the principles and aims of the United Nations in legal and social aspects, as well as to promote friendly international relations and the welfare of women and children.Also present during the courtesy call were: Senate President, the Hon. Katherine Forbes-Smith, who is expected to address the convention on Wednesday; Senator Jasmine Turner-Dareus; and Acting Permanent Secretary OPM, Grand Bahama, Harcourt Brown.(BIS Photo/Lisa Davis) Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:last_img read more

Behind TEN The Enthusiast Networks Big Bet on Video

first_img On top of a new name, StudioTEN also has a new face. Concurrent with the rebranding, TEN brought in renowned advertising executive Jerry Solomon, whose credits include the Emmy-winning Ad Council campaign “Love Has No Labels,” and, most notably, Apple’s famous “Get a Mac” commercials, which Adweek named the “campaign of the decade” in 2010. Jerry Solomon Folio: Coming over from the advertising side of the industry, what attracted you to TEN? Solomon: We’re agnostic. If there’s somebody at Motor Trend who has a great, authentic voice and wants to jump onto the filmmaking side, I’d say bring them on. Likewise, if I’ve got somebody who is a great filmmaker but wants to get more into the car world, bring them on, too. That’s what’s great about this place — I’ve got a group of creatives here who not only ideate, but execute. We might have someone sitting in the room who comes up with a great concept, and then when it comes time to execute it, that person might go ahead and direct it. We’re really seeing projects all the way through, with a singular voice. Solomon: The original programming stuff that we do is remarkable. We have nine programs that go across our YouTube channel, which has the largest automotive audience out there: over 4.5 million subscribers. People are watching these things in crazy numbers. Brands want to go ahead and be a part of that experience. Key to achieving that, says Dickey, is an aggressive expansion of its video production arm, which the company launched in 2014 and subsequently nurtured into a robust operation, comprising over 50 employees and a 30,000-square-foot Los Angeles studio. Solomon: The best clients are the ones that realize that they want to bring value to the audience. They have to think of themselves almost as programmers with a brand message. It’s definitely a challenge to say, “We know that you want to promote this car, but let’s find an entertaining way to do it that feels holistic or seamless to our audience.” The studio, formerly known as “MindOverEye,” was rebranded “StudioTEN” last month in an effort to more closely align it with TEN’s overall corporate structure. Folio: So is it safe to say that we can expect branded content to be a major focus for StudioTEN going forward? “We want to be the most powerful automotive media company in the world,” CEO Scott Dickey tells Folio:. Jerry Solomon: I had been in the commercial business for 20-plus years. It was always a talent sell, and it was also an interruptive medium. When you make TV commercials as long as I have, it was purely executional. You sat there and the stuff that you made was just going to go on TV, and it was going to be that stuff in between shows that people didn’t really like. I could see it in the way the budgets were and our interaction with agencies — you started to feel very outdated. One of my biggest challenges is determining how a brand gets their voice into that arena, not just in the original programming, but also across advertising, delivered to that enthusiast in a way that’s authentic and genuine and doesn’t interrupt their experience. We’re going to make a lot of that stuff: original programming, branded content, with events and social around all of it. “There was always a concern that having our own production studio might be a threat to our agency partners, so we wanted it at arm’s length,” says Dickey. “But branded content has become such a huge part of the equation that it no longer made sense to have [the studio] differentiated.” The relationship between consumers and brands and that interaction was changing. My two teenaged daughters do not watch TV commercials. They may watch branded content if it’s interesting to them, but they like a non-interrupted experience. I wanted a challenge to figure out what was part of the future, and TEN offered that to me. If we continue to serve our audience, it will continue to grow. If it continues to grow and we’re communicating with them the right way, then brands will be interested in working with us, because we own that group who really feels we are authentic.center_img Solomon: You can’t be a part of the interruption; you need to be a part of the experience. We have to make stuff for an audience and in a brand voice, and we have to make it authentic. It’s really a combination of audience, idea, and execution. I think they used to live in sort of mutually exclusive worlds, and now they all need to be interconnected. Folio: What are some ways in which that relationship between consumers and brands has changed? That’s what we want to create in a digital experience, where the best brands come to us and say, “Take something with our car, make it fun, connect our brand to your audience, and feel that you’re giving them something that’s not just interruptive.” TEN: The Enthusiast Network, whose brands include Motor Trend, Automobile, and Hot Rod, among several others, enters 2017 with a clear but ambitious goal. Solomon, who will oversee StudioTEN as managing director, was chosen because of his deep understanding of how to create content that resonates with consumers while still delivering a brand message, according to Dickey. Solomon: We want to be the ultimate destination for video in automotive and action/outdoor. The investments we’re going to make will be in greater creative talent. We’re definitely looking to create partnerships in high-tech spaces like VR and AR. It’s about us connecting our original programming and branded content with our audience across platforms. So it’s going to be an investment in both talent and new technology. Folio: Is it a challenge to balance delivering a client’s message while also providing value to your audience? Folio: sat down with Solomon to learn more about the future of branded content, original video production, and how he plans to use his commercial experience to bring StudioTEN to new heights.  Folio: What kinds of new talent are you looking to bring on? When it comes to talent, if someone’s got the right attitude and loves telling great stories, I don’t care if you come from Timbuktu or Motor Trend. I can teach people about the business and about content creation, but there’s certain innate talent you can’t teach. I base it on the individual. It’s not about just trying to find the cheapest solution. One of the greatest compliments on anything I’ve ever been involved in was when The New York Times did a piece about the Mac and PC commercials. Having executive produced all of those spots, when they did an article saying, “The best series on TV is a commercial,” they saw that campaign as almost interstitial programming that worked alongside broadcast TV. Folio: What are some of your initial plans for building out StudioTEN?last_img read more

Remember When Marc Anthonys I Need To Know Nets Latin GRAMMY

first_img Remembering The Latin Pop Explosion Of 1999 Luis FonsiPhoto: Victor Chavez/Getty Images Alejandro Sanz, Destiny’s Child On The GRAMMYs Inside The History Of Puerto Rico + Music Gilberto Santa RosaPhoto: WireImage.com Playlist: Celebrate The 1st Latin GRAMMY Awards MelendiPhoto: Getty Images 7 First-Time Latin GRAMMY Nominees Prev Next Celebrate Hispanic Heritage Month Jennifer LopezPhoto: WireImage.com JuanesPhoto: WireImage.com Inside The History Of Puerto Rico + Music Jennifer LopezPhoto: WireImage.com Alejandro Sanz, Destiny’s Child On The GRAMMYs Playlist: Celebrate Puerto Rican Musicians MalumaPhoto: C Flanigan/Getty Images 5 Latin Autobiographies You Should Read SelenaPhoto: Pam Francis/Getty Images For The Record: Shakira Playlist: 15 Longest Running Hot Latin Songs Los Del RíoPhoto: Miquel Benitez/WireImage.com For The Record: Shakira Kali UchisPhoto: WireImage.com Kali Uchis On Her First Latin GRAMMY Nomination Selena’s Legacy Lives On ThalíaPhoto: Gustavo Caballero/Getty Images Flashback: Shakira Unplugs, Wins Latin GRAMMY Calle 13 Photo: Rich Polk/Getty Images Twitter Kali Uchis On Her First Latin GRAMMY Nomination Selena’s Legacy Lives On Facebook Kali Uchis On Her First Latin GRAMMY Nomination The result of Marc Anthony was not only his first Billboard Hot 100 Top 5 hit, “I Need To Know,” but it also landed the singer his first-ever Latin GRAMMY Award, and the distinction of earning the very first Latin GRAMMY for Song Of The Year in 2000 for the Spanish version of the catchy tune, “Dímelo.”Anthony has gone on to win an additional four Latin GRAMMYs and two GRAMMY Awards. In 2016 he was honored as the Latin Recording Academy Person of the Year for his outstanding achievements as an artist and for his philanthropic work. Flashback: Marc Anthony’s First Latin GRAMMY Win ThalíaPhoto: Gustavo Caballero/Getty Images ShakiraPhoto: Scott Gries/WireImage.com Kali UchisPhoto: WireImage.com 17 Latin GRAMMY Song Of The Year Winners Flashback: Juanes’ First Latin GRAMMY Win Danay Suarez, Vicente García and Sofía ReyesPhotos: WireImage.com/Getty Images Kali UchisPhoto: WireImage.com Flashback: “Macarena” Madness In 1996 18th Latin GRAMMY Awards: Album Of The Year Poll 18th Latin GRAMMY Awards: Best New Artist Poll Flashback: Marc Anthony’s First Latin GRAMMY Win 18th Latin GRAMMY Awards: Album Of The Year Poll Do You Want To Know More About The Latin GRAMMYs? Flashback: Shakira Unplugs, Wins Latin GRAMMY Gilberto Santa RosaPhoto: WireImage.com 5 Latin Autobiographies You Should Read Jenni Rivera: La Diva De La Banda Forever Email Photo: Aaron Davidson/Getty Images Flashback: Marc Anthony’s First Latin GRAMMY Win Danay Suarez, Vicente García and Sofía ReyesPhotos: WireImage.com/Getty Images Enrique IglesiasPhoto: Stuart C. Wilson/Getty Images MelendiPhoto: Getty Images Flashback: Jenni Rivera Goes Mariachi Danay Suarez, Vicente García and Sofía ReyesPhotos: WireImage.com/Getty Images Alejandro SanzPhoto: WireImage.com ShakiraPhoto: Scott Gries/WireImage.com JuanesPhoto: WireImage.com 18th Latin GRAMMY Awards: Best New Artist Poll 7 First-Time Latin GRAMMY Nominees ShakiraPhoto: WireImage.com Natalia Lafourcade, Residente, Mon LafertePhotos: WireImage.com Marc AnthonyPhoto: Todd Plitt/Hulton Archive Natalia Lafourcade, Residente, Mon LafertePhotos: WireImage.com Jenni RiveraPhoto: Victor Chavez/WireImage.com For The Record: Jennifer Lopez And Marc Anthony MalumaPhoto: C Flanigan/Getty Images 7 First-Time Latin GRAMMY Nominees For The Record: Shakira Listen: 5 Singer/Songwriter Latin GRAMMY Winners Photo: Aaron Davidson/Getty Images Playlist: Celebrate Puerto Rican Musicians JuanesPhoto: M. Caulfield/WireImage.com Listen: 5 Singer/Songwriter Latin GRAMMY Winners Remembering The Latin Pop Explosion Of 1999 Flashback: Juanes’ First Latin GRAMMY Win SelenaPhoto: Pam Francis/Getty Images Enrique IglesiasPhoto: Stuart C. Wilson/Getty Images For The Record: Carlos Santana Photo: Aaron Davidson/Getty Images For The Record: Juan Gabriel Calle 13 Photo: Rich Polk/Getty Imagescenter_img Gilberto Santa RosaPhoto: WireImage.com 18th Latin GRAMMY Awards: Record Of The Year Poll Flashback: “Macarena” Madness In 1996 ResidentePhoto: David Becker/Getty Images Do You Want To Know More About The Latin GRAMMYs? ShakiraPhoto: WireImage.com Jenni Rivera: La Diva De La Banda Forever Luis FonsiPhoto: Victor Chavez/Getty Images For The Record: Juan Gabriel JuanesPhoto: M. Caulfield/WireImage.com 7 American Artists Who Recorded En Español Singer/songwriter takes home the first Latin GRAMMY ever awarded for Song Of The YearRenée FabianGRAMMYs Sep 24, 2017 – 9:00 am Thanks to the crossover popularity of Latin artists such as Ricky Martin, Enrique Iglesias and Shakira in the late ’90s, salsa master Marc Anthony was soon to join the Latin hot flash with his first English crossover album, which was self-titled. Luis FonsiPhoto: Victor Chavez/Getty Images Who Are The Top Latin GRAMMY Winners? Enrique IglesiasPhoto: Stuart C. Wilson/Getty Images Playlist: Celebrate The 1st Latin GRAMMY Awards Alejandro SanzPhoto: WireImage.com For The Record: Jennifer Lopez And Marc Anthony Flashback: Shakira Unplugs, Wins Latin GRAMMY SelenaPhoto: Pam Francis/Getty Images Playlist: Alejandro Sanz In 13 Songs For The Record: Calle 13 For The Record: Carlos Santana NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO Jun 10, 2015 – 4:37 pm Jennifer Lopez and Marc Anthony on the red carpet Listen: 5 Singer/Songwriter Latin GRAMMY Winners For The Record: Carlos Santana Natalia Lafourcade, Residente, Mon LafertePhotos: WireImage.com Who Are The Top Latin GRAMMY Winners? Playlist: Alejandro Sanz In 13 Songs Los Del RíoPhoto: Miquel Benitez/WireImage.com 17 Latin GRAMMY Song Of The Year Winners ShakiraPhoto: Scott Gries/WireImage.com Inside The History Of Puerto Rico + Music Jenni RiveraPhoto: Victor Chavez/WireImage.com Playlist: Celebrate The 1st Latin GRAMMY Awards Flashback: Selena’s First GRAMMY Win Manuel MedranoPhoto: GV Cruz/Getty Images Flashback: Marc Anthony’s First Latin GRAMMY Win remember-when-marc-anthonys-i-need-know-nets-latin-grammy Alejandro SanzPhoto: WireImage.com 18th Latin GRAMMY Awards: Album Of The Year Poll For The Record: Jennifer Lopez And Marc Anthony MelendiPhoto: Getty Images 7 American Artists Who Recorded En Español Marc AnthonyPhoto: Todd Plitt/Hulton Archive Who Are The Top Latin GRAMMY Winners? Alejandro Sanz, Destiny’s Child On The GRAMMYs Manuel MedranoPhoto: GV Cruz/Getty Images Do You Want To Know More About The Latin GRAMMYs? JuanesPhoto: M. Caulfield/WireImage.com Flashback: Selena’s First GRAMMY Win For The Record: Juan Gabriel Jenni Rivera: La Diva De La Banda Forever Flashback: Jenni Rivera Goes Mariachi For The Record: Calle 13 For The Record: Calle 13 Jennifer LopezPhoto: WireImage.com ThalíaPhoto: Gustavo Caballero/Getty Images ResidentePhoto: David Becker/Getty Images Playlist: 15 Longest Running Hot Latin Songs ResidentePhoto: David Becker/Getty Images 7 American Artists Who Recorded En Español Calle 13 Photo: Rich Polk/Getty Images Los Del RíoPhoto: Miquel Benitez/WireImage.com ShakiraPhoto: WireImage.com 5 Latin Autobiographies You Should Read News 18th Latin GRAMMY Awards: Record Of The Year Poll Remember When? Marc Anthony’s “I Need To Know” Nets Latin GRAMMY Playlist: 15 Longest Running Hot Latin Songs 18th Latin GRAMMY Awards: Best New Artist Poll Flashback: Selena’s First GRAMMY Win Remembering The Latin Pop Explosion Of 1999 Jenni RiveraPhoto: Victor Chavez/WireImage.com Manuel MedranoPhoto: GV Cruz/Getty Images Playlist: Alejandro Sanz In 13 Songs Flashback: Jenni Rivera Goes Mariachi 18th Latin GRAMMY Awards: Record Of The Year Poll Selena’s Legacy Lives On 17 Latin GRAMMY Song Of The Year Winners Flashback: “Macarena” Madness In 1996 JuanesPhoto: WireImage.com Playlist: Celebrate Puerto Rican Musicians Marc AnthonyPhoto: Todd Plitt/Hulton Archive Flashback: Juanes’ First Latin GRAMMY Win MalumaPhoto: C Flanigan/Getty Images Read morelast_img read more

Project Loon flies for 1 million hours

first_img Project Loon headed to help Puerto Rico Automation software collects wind forecast data, builds maps of where to travel and then processes each balloon’s observation so changes can be made to follow that map. It is this software that directs the balloon’s movements, not the 24/7 team of engineers monitoring them, head of Engineering Salvatore Candido said.According to Candido, the first time he saw a balloon deciding to zig where a human would have chosen to zag, he had to “stare for a while at the strategy the algorithm was trying to execute” before realizing he had been outsmarted by the software.”The first balloon allowed to fully execute this technique set a flight time record from Puerto Rico to Peru,” Candido said. “I had never simultaneously felt smarter and dumber at the same time.”Balloons also choose when to loiter in an area to wait for winds to change, and fly in figure 8 patterns to maintain a constant LTE signal over an area for longer periods. Now playing: Watch this: Tags Project Loon reached a massive milestone. Project Loon Alphabet’s Project Loon has reached the milestone of flying its balloons in the sky for a collective 1 million hours, the company announced Tuesday. This equates to 40 million kilometers travelled.Project Loon delivers mobile connectivity to remote and disaster-ravaged areas, with the balloons operated by a solar-powered pump. They drift on winds at heights of 50,000 feet to 70,000 feet, tacking like a boat to follow air currents. 0 Project Looncenter_img Alphabet says its Loon balloons could beam internet to more people than before Alphabet’s Loon recruits high-powered mobile veterans to serve on board This Loon internet balloon just spent seven months in the air Share your voice Post a comment 1:16 Mobile Sci-Techlast_img read more

Gautam Gambhir disgusted by Ambati Rayudu snub takes a dig at Virat

first_imgIBTimes VideoRelated VideosMore videos Play VideoPauseMute0:03/1:30Loaded: 0%0:03Progress: 0%Stream TypeLIVE-1:27?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading … ICC World Cup 2019 – Team India Squad Closecenter_img Gautam Gambhir has always been an aggressive and outspoken individual, both on the pitch as well as off the cricket field. Now, the former Indian international cricketer has taken a dig at the Indian selectors and called the decision to leave out Ambati Rayudu from India’s 15-member ICC World Cup 2019 squad “disgusting”. The five-member selection committee met at Board of Control for Cricket in India’s headquarter in Mumbai on April 15 along with Indian skipper Virat Kohli before announcing the squad and Rayudu did not make it in the squad. The direct beneficiary of his exclusion was Vijay Shankar, who has impressed the Indian selectors and the captain in the limited opportunities afforded to him following Hardik Pandya’s suspension in January. “It is disgusting to see that he (Rayudu) is being judged more on his IPL form and less on his overall skill-set. I am not a big fan of statistics as they never tell the whole story,” Gambhir wrote in his exclusive column for The Times of India (TOI). It is understood that the captain has the last call with regards to contentious places in a squad and thus Kohli may have played a part in the selection of Vijay Shankar over Rayudu. Has Ambati Rayudu solved India’s No. 4 connundrum?IANSGambhir referenced his leadership call when he had selected Andre Russell to be a part of the Kolkata Knight Riders franchise despite his ordinary record as a part of the Delhi Capitals (then Delhi Daredevils) franchise. “Before we played him in 2014, Russell had only 58 runs to show in seven games for his earlier franchise Delhi Daredevils (now Delhi Capitals). If these dry numbers were the only criterion, Russell should have been fishing somewhere in Jamaica, In short, Rayudu had a strong case to be in the (World Cup) team,” wrote Gambhir. The former KKR captain was also baffled by the presence of only three specialist seamers in English conditions. “I must say I am surprised by the fact that we are going in with just three specialist fast bowlers. I tried to visit and then revisit this fact but I have still not been able to get my head around these selections. I have always believed that whatever be the format, it is the batsmen who set up the games and bowlers are the ones who win them. Therefore, I feel we are a little light in the fast-bowling department,” the 37-year-old wrote. Gambhir top-scored in the 2011 World Cup Final with a match-winning 97INDRANIL MUKHERJEE/AFP/Getty Images”To cut a long story short, I would have gone with one more (fast bowler), perhaps Navdeep Saini in place of Vijay,” Gambhir concluded.last_img read more

Airtel acquires Aircels 4G spectrum for Rs3500 crore

first_imgIndia’s Bharati Airtel will spend Rs.3500 crore to acquire the fourth-generation (4G) spectrum from Aircel, the company said in a filing to stock exchange. The acquisition of 20 megahertz (MHz) 2300 frequency in eight telecom circles in the country will make Airtel a pan-India 4G service provider.The Sunil Mittal-owned telecom carrier, with this latest acquisition, will be locking horns with the only other pan-India 4G licence holder, Reliance Jio Infocomm. A unit of the Mukesh Ambani-owned Reliance Industries Ltd, Reliance Jio, is preparing to launch its 4G services in the second half of 2016.Aircel’s spectrum, valid up to 2030, will cover circles of Tamil Nadu, Bihar, Jammu and Kashmir, West Bengal, Assam, the Northeast, Andhra Pradesh, and Odisha.Citing sources the Economic Times reported that the deal will also help Aircel to reduce debt and perhaps fulfill a merger-condition with Reliance Communication (RCom), a unit owned by the other Ambani brother, Anil.The Airtel-Aircel deal comes a fortnight after Airtel’s 4G spectrum acquisition of 1800 MHz band in six circles for Rs. 4,428 crore from Videocon. According to the report, this was a second such acquisition, following RCom’s acquisition of Sistema Shyam TeleServices (MTS), since the government allowed trading of airwaves in October 2015.The liberalisation of rules for spectrum trading in India is seeing a consolidation in the telecom sector. The competition in a space crowded with 11 operators has kept the cost of spectrum high while tariff-wars offered low prices, in turn driving down the profits. The unhealthy trend is adding pressure on the already stressed balance sheet of telcos, said Mint.The daily quoted Alok Shinde of Ascentius Consulting as saying, “technological change had accompanied the evolution of the telecom market”. He said the auction of 4G in the 2300MHz band happened in a context of pre-inception business model around TD-LTE (time-division long-term evolution) technology in 2010. It was a standard with little validation anywhere in the world then, but today there is greater credence both among the technology and the business model, he added.ET reported that most telcos which acquired 4G airwaves in 2010 have even failed to meet the roll-out obligations, therefore facilitating a consolidation exercise.India’s top three telcos, Airtel, Vodafone and Idea cellular, have so far successfully rolled out 4G service in 15, five and 10 circles, respectively.last_img read more

Grab close to buying Ubers Southeast Asia business Report

first_imglReutersRide-hailing service provider Grab is close to buying Uber Technologies Inc’s Southeast Asia business, Bloomberg reported on Thursday.Singapore-based Grab may sign a deal this week or next, the report said citing people familiar with the matter.Under terms of the proposed agreement, Grab would buy out Uber’s operations in certain markets in Southeast Asia and Uber will take a stake in Grab, according to the report.The structure of the deal would be similar to the one Uber struck with China’s Didi Chuxing in 2016, when the San Francisco-based company sold its local operation in exchange for a stake in the company, the report said.The  report comes as the ride-hailing giant is slowly curtailing its Southeast Asia operations to boost fledgling growth.SoftBank Group-backed Uber have had issues with some local regulators, including more recently in the Philippines, and seeing a slew of exits by senior executives in Indonesia, Malaysia, Vietnam and India.Uber CEO Dara Khosrowshahi last month said that the company could turn profitable if it cut costs of its business such as operating in developing markets.Grab has separately been in discussions with existing backers, including SoftBank Group Corp., and new investors for additional capital, according to the Bloomberg report.last_img read more

Rohingyas enter Bangladesh even after MoU

first_imgRohingya, Prothom AloPeople of Myanmar’s minority group – Muslim Rohingyas – are still fleeing the persecution carried out by country’s military in the Rakhine state and are taking refuge in Bangladesh’s Cox’s Bazar even after Myanmar in a Memorandum of Understanding signed recently with Bangladesh agreed to take back their nationals.As many as 19 members of four families entered Bangladesh crossing Naf river on Monday afternoon. Currently they are under the protection of the Border Guard Bangladesh (BGB).Besides, as 770 more Rohingyas of 184 families entered Bangladesh from the Rakhine state by boat between Sunday night and Monday morning. Another 255 Rohingya people fled to Bangladesh on Sunday.Teknaf upazila administration sent the newly arrived 770 Rohingyas to the Bangladesh army-run relief centre at Hariakhali of Sabrang union.After being provided with relief and other humanitarian assistance, they were sent to the Rohingya refugee camp at Nayapara of Teknaf, said the upazila’s senior fisheries officer Mohammed Delwar Hossain, who is on duty at the Harikhali relief centre.last_img read more