Posts Tagged ‘Reuters’

Opening: Thomson Reuters Data & Innovation Lab in Singapore

Tuesday, February 21st, 2017

Thomson Reuters continues expansion of its global labs network by opening its sixth in Singapore. Its first lab in Asia, the Singapore Data and Innovation Lab will serve customers across the Asia Pacific.

Sopnendu Mohanty, Chief Fintech Officer at Monetary Authority Singapore (MAS) officiating the opening of the new Thomson Reuters Lab in Singapore. In addition, Kiren Kumar, Assistant Managing Director, Infocomms and Media, Singapore Economic Development Board commented, “We welcome Thomson Reuters into our fast-growing digital innovation ecosystem, and are glad that the Singapore Data and Innovation Lab is collaborating with various partners to create new products for the region and beyond. We are also pleased that the Lab presents exciting career opportunities in data science, software development and user experience design.”

The Thomson Reuters Lab in Singapore will collaborate with the government, customers, tech startups and universities to build partnerships and create innovative products and solutions for professional markets throughout the Asia Pacific region.

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National Day offers from SingTel

Saturday, August 4th, 2012

SingTel celebrates Singapore’s 47th birthday with mobile, broadband, mio TV and multimedia content offers.

Check out SingTel's National Day offers and promotions from 4 to 12 August.

Check out SingTel’s National Day offers and promotions from 4 to 12 August.

Singapore Telecommunications Limited (SingTel) will offer 47 mio TV on-demand movies for just $1 each from 8 to 12 August. Titles include recently released Hollywood blockbusters, as well as Asian, Bollywood and Malay favourites.

Discounts to celebrate Singapore's 47th birthday.

Discounts to celebrate Singapore’s 47th birthday.

Customers who sign up for SingTel’s Flexi mobile plans from 4 to 12 August will enjoy $47 off all handset purchases.

They will also receive a discount of $4.70 off their monthly Flexi plan subscriptions.

The promotion is also available to existing customers who renew their subscriptions.

In addition, customers who subscribe to SingTel’s mio Home or exPlore Home broadband plans from 4 to 12 August can enjoy mio TV’s Combo pack at a special price of $19.90 per month, discounted from $29.90 per month.

The Combo pack includes mio Stadium football channels and ESPN STAR sports, as well as English entertainment and Jingxuan Chinese channels.

With the new Barclays Premier League season starting on 18 August, the Combo pack is ideal for fans of the beautiful game.

In the spirit of the occasion, SingTel will offer a selection of Singapore’s most loved National Day songs for download and streaming through its award-winning AMPed 2.0 music service.

SingTel will also offer the Reuters SMS news alerts service for $4.70 per month, discounted from $7.50 per month.

Apple misses analysts’ predictions amid wait for iPhone 5

Wednesday, July 25th, 2012

Apple has just announced its financial results for its fiscal 2012 third quarter ended 30 June, 2012. Profits missed analysts’ predictions.

“Shares of the world's most valuable technology company shed more than 5 percent of their value after Apple - which beats Wall Street expectations with near regularity - reported its second quarterly miss on results in less than a year,” Reuters reported.

Major news agencies reacted negatively towards Apple’s quarterly results.

Compared to analysts’ predictions for a profit of $10.37 a share on revenue of $37.2 billion, net income was reported as $9.32 a share on sales of $35 billion.

“Apple’s profit and sales fell short of analysts’ projections for only the second time since 2003 as customers held off on iPhone purchases while waiting for a new model to be introduced later in the year,” reported Bloomberg today.

The major news agencies don’t seem to have taken the results in positive light.

The consensus seems to be that customers are holding off on iPhone purchases in anticipation of a new model, which is expected to be introduced later this year.

Shares fell some 6 percent in late trading.

This is the first full quarter of sales for Apple’s latest iPad, which was released in March.

Note the 84% growth in iPad sales over the same quarter last year.

Some 17 million iPads were sold in the quarter alone!

Sales growth this quarter
Device Number of units sold Compared to year-ago quarter
iPhone 26 m 28%
iPad 17 m 84%
Mac 4 m 2%
iPod 6.8 m -10%

It’s interesting to note the 10% decline in iPod sales.

It is an indication that it may be made redundant by the proliferation of smartphones which can fulfil the functions of a mobile personal music player cum entertainment device.

On the other hand, Sony is still launching new models in its rejuvenated Walkman media players cum entertainment devices.

Apple’s Board of Directors has declared a cash dividend of $2.65 per share of the Company’s common stock.

“Apple disappointed analysts despite reporting profits up 21% year-on-year to $8.8bn (£5.6bn) and revenues up 23% to $35bn, after missing targets that Wall Street had forecast,” Guardian reported.

The dividend is payable on August 16, 2012, to stockholders of record as of the close of business on August 13, 2012.

This continues Tim Cook’s announcement in March to pay dividends – something that Apple had not done in 17 years until then.

The dividends are estimated to cost Apple about $10 billion a year.

Apple has around $100 billion in cash which many investors have called over the years to be returned to investors.