20 Years of Following the Vision of the Esimit Europa Project

To celebrate 20 years of the vision of the Slovenian businessman and entrepreneur Igor Simčič, the founder of the Esimit Europa project, 200 guests and friends of Esimit Europa gathered on the…

(PRWeb August 30, 2015)

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Until Dawn gets its first bug-fix update

Yes, it's time to run. A scene from Until Dawn, where Samantha confronts a creepy guy.

Sony has released an update to fix various bugs that interrupt the gameplay of Until Dawn. These bug fixes could be critical, since Until Dawn is a highly replayable interactive horror game where you try to save as many characters trapped at a mountain lodge, until dawn.

Gamers have complained about some problems from the bugs. I’ve run into a couple of bugs myself in three playthroughs of the game. In one of them, one of the characters fires a gun and the gun doesn’t actually go off. There’s bad consequences for that. In another scene, one character picked up a totem and the game crashed as the video started. After I installed the 46-megabyte update, that problem went away for me.

Here’s our review of Until Dawn, and here’s our tips for surviving it.



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Line delays IPO plans until ‘earnings and market conditions improve’

Reuters / Toru Hanai

Seoul (By Joyce Lee, Reuters) — South Korea’s largest web portal operator Naver Corp won’t decide on when to IPO its messenger app service unit Line Corp until its earnings and market conditions improve, Naver’s CFO said on Friday.

Hwang’s comments were in answer to questions prompted by a Wall Street Journal report on Thursday that said that Japan-based Line had scrapped its plans for an initial public offering (IPO).

Documents for Line’s IPO continue to be under review by authorities in both the United States and Japan, CFO Hwang In-joon told Reuters, but said markets were currently too volatile to give a timetable for the listing.

From VentureBeat

“When choosing when to go to market, we need to consider whether we’ll take our second quarter performance results with us, or third quarter or fourth quarter results. Our results in the second quarter were not that great,” Hwang said.

Naver Corp reported weaker-than-expected second-quarter profit in July, weighed in part by lower revenues at Line Corp due to falling advertising sales.

Line, which operates the No.1 chat app in Japan, Taiwan and Thailand by number of users, reported second-quarter revenue of 27.8 billion yen, down from 28.1 billion yen the previous quarter, after at least three straight quarters of revenue growth.

Naver decided not to list the unit last year, on the belief that Line could command a better valuation by further building its revenue and profit.

(Reporting by Joyce Lee; Editing by Miral Fahmy and Muralikumar Anantharaman)

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Cubic to Discuss the Future of the Toll Industry at International…

Cubic Transportation Systems to share importance of NextCity vision with toll industry leaders

(PRWeb August 27, 2015)

Read the full story at http://www.prweb.com/releases/2015/08/prweb12926747.htm

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The 15 biggest enterprise-focused ‘unicorns’

Yester-year there were only a few unicorns in the world of startups.

This week though, The Wall Street Journal and Dow Jones VenturSource identified 115 companies with valuations north of $ 1 billion, which are referred to as unicorns.

Below are 15 of the highest valued enterprise software companies that have received venture funding but have not yet been sold or gone public.

+ MORE AT NETWORK WORLD: 12 Hot application container startups | 9 Hot enterprise storage companies to watch +

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China passed 250M 4G users in July, more than double the subscribers in the U.S.

Apple's CEO Tim Cook on a visit to China in 2014. Reuters / China Stringer Network

China’s 4G mobile users surpassed 250 million for the first time at the end of July, according to newly released data (link in Chinese) from China’s Ministry of Industry and Information Technology (hat tip to TechNode). If you throw 3G users into the mix, that number shoots up to a whopping 695 million users, with China’s total mobile user base now at 1.29 billion.

250 million is a milestone to be celebrated — it represents 4G penetration of nearly 20 percent, versus 40 percent (over 100 million) in the US at the end of 2014. Still, the figure belies a slightly shadier forecast: The report made clear that China’s mobile user growth rate so far this year has slowed to just a quarter of what it was over the same period in 2014.

Meanwhile, a separate report by the country’s state-run English-language newspaper China Daily over the weekend notes that the country has achieved this explosive growth in a mere 20 months since regulators first issued telcos 4G licenses. Though, somewhat confusingly, the article pegs the country’s 4G user base at 225 million, possibly in reference to June’s numbers rather than July’s.

Xinhua, the Chinese government’s official press agency, on Monday also had the 250 million number. The same report pointed out that the country’s three telecom giants — China Telecom, China Unicom, and China Mobile (currently the world’s largest telco) — “raked in a total of 75.3 billion yuan (about $ 11.8 billion) in the first half of 2015.” This was largely off the back of continued 4G growth.

Combined, 3G and 4G in the country now have a penetration of close to 54 percent among mobile users, according to the ministry’s report, and while the addition of new subscribers may be slowing, data consumption is through the roof. An average user in China now consumes around 330MB of data per month, almost twice as much (up 85 percent) as 12 months ago.

China’s International Telecommunication Union confirmed that it is actively developing 5G technology and industry, keeping up the blistering pace of development. But there has also been major reshuffling announced Monday at the very top levels of the country’s three telcos as Beijing aims to revamp state-owned firms.

4G growth aside, the broader challenges being faced by China’s volatile economy of late have rocked markets and tech stocks worldwide, leading Apple’s CEO Tim Cook to take the unusual step of issuing a statement to CNBC on Monday in an attempt to soothe investors. Apple, like an increasing number of smartphone makers, is heavily reliant (read: overexposed) on Chinese consumer demand to hit Wall Street’s targets.

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Tunstall Continues US Expansion Acquiring New York Medical Alarm…

Tunstall Healthcare Group, the world leader in Connected Healthcare monitoring, has acquired New York based medical alarm company Healthcare Monitoring Systems, Inc., via its US subsidiary, Tunstall…

(PRWeb August 24, 2015)

Read the full story at http://www.prweb.com/releases/2015/07/prweb12840352.htm


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