Citi says fear of coronavirus in South Korea is spreading ‘at a much faster rate’ than the virus itself

South Korea is on high alert after the number of reported coronavirus infections surged past 760 cases on Monday, and Cit economists warn economic difficulties for the country will be imminent. “Fear of the virus is spreading throughout the country, at a much faster rate than the virus itself,” Marie Kim and Jeeho Yoon from Citi wrote. The total number of cases rose to 763 on Monday morning, compared to 31 cases reported as of Feb. 18, according to the Korea Centers for Disease Control and Preve


South Korea is on high alert after the number of reported coronavirus infections surged past 760 cases on Monday, and Cit economists warn economic difficulties for the country will be imminent.
“Fear of the virus is spreading throughout the country, at a much faster rate than the virus itself,” Marie Kim and Jeeho Yoon from Citi wrote.
The total number of cases rose to 763 on Monday morning, compared to 31 cases reported as of Feb. 18, according to the Korea Centers for Disease Control and Preve
Citi says fear of coronavirus in South Korea is spreading ‘at a much faster rate’ than the virus itself Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-24  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, cases, virus, reported, korea, coronavirus, fear, citi, number, economists, rate, country, south, morning, spreading, rose, faster


Citi says fear of coronavirus in South Korea is spreading 'at a much faster rate' than the virus itself

South Korea is on high alert after the number of reported coronavirus infections surged past 760 cases on Monday, and Cit economists warn economic difficulties for the country will be imminent.

“Fear of the virus is spreading throughout the country, at a much faster rate than the virus itself,” Marie Kim and Jeeho Yoon from Citi wrote. “We expect the economic fallout to not be limited to certain regions (and) cities.”

The total number of cases rose to 763 on Monday morning, compared to 31 cases reported as of Feb. 18, according to the Korea Centers for Disease Control and Prevention. That marks a jump of nearly 25 times in the number of infections in less than a week. Most of the new cases were detected in the city of Daegu and the surrounding Gyeongbuk area. The country’s death toll rose to seven on Monday morning.

In a Monday morning note, the Citi economists explained that consumption in the country is declining as part of people’s efforts to minimize human contact. Stores and factories are also shutting down for various reasons, including fear of exposure to the virus, lack of supply inputs or due to continuing loss, the Citi economists said.


Company: cnbc, Activity: cnbc, Date: 2020-02-24  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, cases, virus, reported, korea, coronavirus, fear, citi, number, economists, rate, country, south, morning, spreading, rose, faster


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

How Mark Cuban makes better, faster decisions

So how does fellow billionaire Mark Cuban make better, faster decisions? Change is constant,” Cuban said during a Q&A via media site The Boardroom’s Twitter account on Tuesday. Since then, Cuban, 61, says he has adjusted his style, learning to micro-manage less, to make the best use of his time and to hire better. “That’s worked for me 90pct of the time.” I’m still learning,” Cuban tweeted during the Q&A.


So how does fellow billionaire Mark Cuban make better, faster decisions?
Change is constant,” Cuban said during a Q&A via media site The Boardroom’s Twitter account on Tuesday.
Since then, Cuban, 61, says he has adjusted his style, learning to micro-manage less, to make the best use of his time and to hire better.
“That’s worked for me 90pct of the time.”
I’m still learning,” Cuban tweeted during the Q&A.
How Mark Cuban makes better, faster decisions Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-20  Authors: taylor locke
Keywords: news, cnbc, companies, decisions, twitter, selling, micromanage, hire, faster, mark, better, thats, know, worked, makes, tried, learning, cuban


How Mark Cuban makes better, faster decisions

Warren Buffett uses the “newspaper test” to make decisions. And Jeff Bezos says “most decisions” need to be made with “70 percent of the information you wish you had,” otherwise “you’re probably being slow.”

So how does fellow billionaire Mark Cuban make better, faster decisions?

“I continue to always be learning. That’s first and foremost. Change is constant,” Cuban said during a Q&A via media site The Boardroom’s Twitter account on Tuesday.

“Beyond that, I think I learned to be nicer and to micro manage much much less.”

In 2014, Cuban told Inc. as a boss he’s “a d—.” “I micromanage you until I trust you,” he said.

“It’s a back and forth continually,” he said in 2014. “If I send you 30 emails I expect quick responses and direct action. Then we’ll go to weekly reports. And I want the bad news first. I want to read, ‘God dammit, we lost this sale.’ I want to know the setbacks so that I can help you.”

Since then, Cuban, 61, says he has adjusted his style, learning to micro-manage less, to make the best use of his time and to hire better.

“The most important thing I have tried to do is partner with and hire people whose skill sets complement mine. I want people who know what I don’t and that I can learn from,” he said via The Boardroom’s Twitter account. “That’s worked for me 90pct of the time.”

However Cuban says he is “still learning” despite his huge success in business — first selling his start-up, MicroSolutions, in 1990 for $6 million and then, nine years later, selling Broadcast.com for $5.7 billion in Yahoo stock. He also owns the NBA’s Dallas Mavericks and invests in start-ups both on and off of ABC’s “Shark Tank.”

“I tried to figure it out as I went. Some things worked and others didn’t. I’m still learning,” Cuban tweeted during the Q&A.

Like this story? Subscribe to CNBC Make It on YouTube!

See also:


Company: cnbc, Activity: cnbc, Date: 2020-02-20  Authors: taylor locke
Keywords: news, cnbc, companies, decisions, twitter, selling, micromanage, hire, faster, mark, better, thats, know, worked, makes, tried, learning, cuban


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Here’s how to get your tax return out the door faster — and get your refund sooner

Tetra Images | Getty ImagesIf you want to get your refund as quickly as possible, you’d better hustle that tax return out the door. The IRS has received 28.6 million tax returns for the 2019 tax year as of Feb. 7, and it anticipates receiving more than 150 million returns in total. For starters, you beat the would-be scammers who want to file a phony return using your data. “It also ensures you’re not missing key tax benefits or income that can lead to an IRS letter,” he said. Identifying income


Tetra Images | Getty ImagesIf you want to get your refund as quickly as possible, you’d better hustle that tax return out the door.
The IRS has received 28.6 million tax returns for the 2019 tax year as of Feb. 7, and it anticipates receiving more than 150 million returns in total.
For starters, you beat the would-be scammers who want to file a phony return using your data.
“It also ensures you’re not missing key tax benefits or income that can lead to an IRS letter,” he said.
Identifying income
Here’s how to get your tax return out the door faster — and get your refund sooner Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-18  Authors: darla mercado
Keywords: news, cnbc, companies, refund, million, youve, tax, getting, faster, heres, door, feb, sooner, images, getty, returns, irs, return


Here's how to get your tax return out the door faster — and get your refund sooner

Tetra Images | Getty Images

If you want to get your refund as quickly as possible, you’d better hustle that tax return out the door. The IRS has received 28.6 million tax returns for the 2019 tax year as of Feb. 7, and it anticipates receiving more than 150 million returns in total. Filers are already getting money back. The agency has paid 10.8 million refunds as of Feb. 7, down nearly 5% from last year. On average, taxpayers are getting back $1,952 from the federal government, up $3 from the year-ago period.

There are plenty of advantages to filing early. For starters, you beat the would-be scammers who want to file a phony return using your data. “Making sure you’ve obtained and organized all of your tax documents is going to make the tax prep process go much more smoothly,” said Andrew Phillips, director at the Tax Institute at H&R Block. “It also ensures you’re not missing key tax benefits or income that can lead to an IRS letter,” he said. Everything begins with getting your paperwork together to ensure an accurate and speedy filing.

Identifying income

The Internal Revenue Services offices in Washington, D.C. Adam Jeffery | CNBC

Grabbing deductions and credits

MoMo Productions | DigitalVision | Getty Images


Company: cnbc, Activity: cnbc, Date: 2020-02-18  Authors: darla mercado
Keywords: news, cnbc, companies, refund, million, youve, tax, getting, faster, heres, door, feb, sooner, images, getty, returns, irs, return


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

States that backed Trump are growing faster than ones that didn’t

States that supported President Donald Trump in the 2016 election are doing better economically these days than those that went for his opponent. Five of the seven fastest-growing states in the U.S. during 2019 went red in the last presidential contest, according to a trend tracked by Yelp that could come into play as a bevy of Democratic hopefuls look to unseat the Republican incumbent in a race that will heat up soon. An index that the online review site uses to track growth showed that the ga


States that supported President Donald Trump in the 2016 election are doing better economically these days than those that went for his opponent.
Five of the seven fastest-growing states in the U.S. during 2019 went red in the last presidential contest, according to a trend tracked by Yelp that could come into play as a bevy of Democratic hopefuls look to unseat the Republican incumbent in a race that will heat up soon.
An index that the online review site uses to track growth showed that the ga
States that backed Trump are growing faster than ones that didn’t Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-24  Authors: jeff cox
Keywords: news, cnbc, companies, ones, seven, went, states, points, growing, trump, democratic, dakota, backed, faster, didnt, voted, 2016, yelps, presidential


States that backed Trump are growing faster than ones that didn't

States that supported President Donald Trump in the 2016 election are doing better economically these days than those that went for his opponent.

Five of the seven fastest-growing states in the U.S. during 2019 went red in the last presidential contest, according to a trend tracked by Yelp that could come into play as a bevy of Democratic hopefuls look to unseat the Republican incumbent in a race that will heat up soon.

An index that the online review site uses to track growth showed that the gap that Republican-leaning presidential states enjoy over Democratic states widened to 2.8 points from 1.3 points in 2018.

Of the seven best-growing states — North Dakota, South Dakota, Wyoming, Louisiana, Alaska, Hawaii and Maine — only the latter two voted for Hillary Clinton in 2016. Moreover, the seven slowest-growing states and districts by Yelp’s measure — Oregon, California, Illinois, Massachusetts, New Jersey, Connecticut, and Delaware — all voted Democrat.


Company: cnbc, Activity: cnbc, Date: 2020-01-24  Authors: jeff cox
Keywords: news, cnbc, companies, ones, seven, went, states, points, growing, trump, democratic, dakota, backed, faster, didnt, voted, 2016, yelps, presidential


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

‘This is Battle of the Bulge. This is 9/11’: Al Gore compares climate crisis to historic events

Former US Vice-President Al Gore, speaks at the Securing a Sustainable Future for the Amazon, during the World Economic Forum in Davos, Switzerland, on January 22, 2020. Former U.S. Vice President Al Gore believes the climate crisis is getting worse “way faster” than most people realize, describing it as a “challenge to our moral imagination.” Delivering closing remarks at a World Economic Forum panel session on Wednesday, Gore spoke passionately about the climate emergency. At one stage, the co


Former US Vice-President Al Gore, speaks at the Securing a Sustainable Future for the Amazon, during the World Economic Forum in Davos, Switzerland, on January 22, 2020.
Former U.S. Vice President Al Gore believes the climate crisis is getting worse “way faster” than most people realize, describing it as a “challenge to our moral imagination.”
Delivering closing remarks at a World Economic Forum panel session on Wednesday, Gore spoke passionately about the climate emergency.
At one stage, the co
‘This is Battle of the Bulge. This is 9/11’: Al Gore compares climate crisis to historic events Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-22  Authors: sam meredith
Keywords: news, cnbc, companies, climate, bulge, faster, compares, gore, crisis, 911, realize, historic, events, worse, forum, way, economic, battle, world


'This is Battle of the Bulge. This is 9/11': Al Gore compares climate crisis to historic events

Former US Vice-President Al Gore, speaks at the Securing a Sustainable Future for the Amazon, during the World Economic Forum in Davos, Switzerland, on January 22, 2020.

Former U.S. Vice President Al Gore believes the climate crisis is getting worse “way faster” than most people realize, describing it as a “challenge to our moral imagination.”

Delivering closing remarks at a World Economic Forum panel session on Wednesday, Gore spoke passionately about the climate emergency.

At one stage, the co-founder of Generation Investment Management compared the scale of the crisis to a number of infamous historic events.

It is “way worse” than many realize and intensifying “way faster” than people appreciate, Gore said.

“This is Thermopylae. This is Agincourt. This is Dunkirk. This is the Battle of the Bulge. This is 9/11,” he added.

Gore’s comments follow the the hottest year on record for the world’s oceans, the second-hottest year for global average temperatures, and wildfires from the U.S. to the Amazon to Australia.


Company: cnbc, Activity: cnbc, Date: 2020-01-22  Authors: sam meredith
Keywords: news, cnbc, companies, climate, bulge, faster, compares, gore, crisis, 911, realize, historic, events, worse, forum, way, economic, battle, world


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

4 restaurant chains that are opening spinoffs for faster dining

Fast-casual restaurant chains like Chipotle Mexican Grill and Sweetgreen have been stealing customers from full-service restaurant chains like Outback Steakhouse and IHOP. To fight back, some casual dining chains have been launching spinoff restaurants that copy that business model. Some casual dining chains have tried and failed to make a fast-casual chain work for their company. The fast-casual restaurant will have faster service and a menu that features convenient breakfast entrees like Panca


Fast-casual restaurant chains like Chipotle Mexican Grill and Sweetgreen have been stealing customers from full-service restaurant chains like Outback Steakhouse and IHOP.
To fight back, some casual dining chains have been launching spinoff restaurants that copy that business model.
Some casual dining chains have tried and failed to make a fast-casual chain work for their company.
The fast-casual restaurant will have faster service and a menu that features convenient breakfast entrees like Panca
4 restaurant chains that are opening spinoffs for faster dining Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-18  Authors: amelia lucas
Keywords: news, cnbc, companies, chain, faster, customers, grill, fastcasual, menu, brands, spinoffs, restaurant, opened, dining, opening, restaurants, chains


4 restaurant chains that are opening spinoffs for faster dining

If you can’t beat ’em, join ’em. Fast-casual restaurant chains like Chipotle Mexican Grill and Sweetgreen have been stealing customers from full-service restaurant chains like Outback Steakhouse and IHOP. To fight back, some casual dining chains have been launching spinoff restaurants that copy that business model. Fast-casual restaurants are smaller in size, with less seating and fewer employees serving customers, which means that they are cheaper to operate than a full-service restaurant. Menus are usually designed for convenience and fast service, and customers order at a counter, sometimes moving along an assembly line. Some casual dining chains have tried and failed to make a fast-casual chain work for their company. Cracker Barrel announced in October that it planned to scrap Holler & Dash, the fast-casual spinoff it launched in 2016, after it acquired Maple Street Biscuit, a fast-casual chain with a focus on breakfast and brunch. Here are four casual dining chains trying to make them work:

Applebee’s

The interior of the Applebee’s Express Applebee’s

A franchisee of the Dine Brands chain opened an express version of the bar and grill in December in Mobile, Alabama. The location, which is smaller than the Applebee’s, seats 56 customers. Its menu is simplified but still keeps Applebee’s classics, like the boneless wings and its signature Riblets. Dine Brands’ CEO Stephen Joyce has told investors that the company, which also owns IHOP, is looking to acquire a fast-casual or fast-food chain as well. Dine Brands, which has a market value of $1.5 billion, has seen its stock rise more than 10% over the past 12 months.

IHOP

A rendering of a Flip’d by IHOP restaurant Source: IHOP

IHOP, Applebee’s sister chain, will open its first Flip’d by IHOP in April. The fast-casual restaurant will have faster service and a menu that features convenient breakfast entrees like Pancake Bowls. It will debut in Atlanta, with plans to open several more this year. The chain is exploring additional sites in New York, Washington, D.C., Denver, Chicago and San Francisco. IHOP’s strategy is to use the fast-casual chain to break into urban areas that have expensive real estate and consumers who are short on time. Online ordering for pick-up or delivery will also be available as part of an effort to keep growing IHOP’s off-premise business.

Outback Steakhouse

Exterior of Aussie Grill by Outback Source: Bloomin’ Brands

The Bloomin’ Brands steakhouse opened its first U.S. location of Aussie Grill by Outback in Tampa, Florida in 2019. The company first envisioned the fast-casual chain as a way to grow sales abroad but has since opened two locations in Florida. “We opened the Aussie Grill locations in Tampa, near our headquarters, to test ideas for the international menu,” spokeswoman Elizabeth Watts said. “The concept quickly proved to also be popular with American guests, so we are now assessing opportunities for new U.S. locations beyond the Tampa area.” Its international locations in Saudi Arabia and Hong Kong feature most of the same menu items as U.S. restaurants, like sandwiches, salads and burgers, along with a few recipes inspired by local tastes. In 2018, Bloomin’ opened several express restaurants that made menu items from Outback and Carrabba’s Italian Grill, another one of the company’s brands. Customers could only order for catering, delivery and carryout. Bloomin’ Brands has a market value of $1.9 billion, and its stock is up 15% over the past year.

Cheesecake Factory

Social Monk Asian Kitchen Source: The Cheesecake Factory


Company: cnbc, Activity: cnbc, Date: 2020-01-18  Authors: amelia lucas
Keywords: news, cnbc, companies, chain, faster, customers, grill, fastcasual, menu, brands, spinoffs, restaurant, opened, dining, opening, restaurants, chains


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

UK tech investment grew faster than the US and China in 2019, study says

Investment in the U.K.’s technology sector grew at a faster pace than in the U.S. and China last year, according to new research released Wednesday. Venture capital funding for British start-ups grew 44% to a record $13.2 billion in 2019, a report prepared for the government by industry group Tech Nation and research firm Dealroom said. The stats showed that nearly half of the total amount invested in U.K. tech came from U.S. and Asian investors. Health firm Benevolent AI raised $90 million and


Investment in the U.K.’s technology sector grew at a faster pace than in the U.S. and China last year, according to new research released Wednesday.
Venture capital funding for British start-ups grew 44% to a record $13.2 billion in 2019, a report prepared for the government by industry group Tech Nation and research firm Dealroom said.
The stats showed that nearly half of the total amount invested in U.K. tech came from U.S. and Asian investors.
Health firm Benevolent AI raised $90 million and
UK tech investment grew faster than the US and China in 2019, study says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-15  Authors: ryan browne
Keywords: news, cnbc, companies, billion, faster, startups, tech, grew, 2019, firm, total, million, china, study, investment, raised


UK tech investment grew faster than the US and China in 2019, study says

Investment in the U.K.’s technology sector grew at a faster pace than in the U.S. and China last year, according to new research released Wednesday.

Venture capital funding for British start-ups grew 44% to a record $13.2 billion in 2019, a report prepared for the government by industry group Tech Nation and research firm Dealroom said.

By contrast, Dealroom’s figures show that investment in U.S. and Chinese tech firms actually slowed from January to December, with the U.S. seeing a 20% decline and China a steeper fall of 65%. The U.S. and China still came out on top in terms of total deal value, however, attracting $116 billion and $33.5 billion respectively.

The stats showed that nearly half of the total amount invested in U.K. tech came from U.S. and Asian investors. Last year, foreign investors flocked to the U.K. and Europe in search of cheaper valuations amid growing interest in burgeoning areas like fintech. Start-ups like challenger bank Monzo and online payments firm Klarna attracted huge nine-figure deals led by U.S. investors.

But fintech wasn’t the only sector seeing significant growth. Emerging industries like artificial intelligence, so-called “deep tech” and clean energy also saw huge inflows. Health firm Benevolent AI raised $90 million and virtual reality company Melody raised $60 million, while in energy Ovo raised $260 million from investors.

“The U.K. and Europe quite frankly have over the last 20 years mainly seen on the sidelines of the global tech economy,” Saul Klein, co-founder of early stage venture fund LocalGlobe, told CNBC in an interview. “It’s taken about 20 years to get here and the data now supports that the U.K. is a major global tech player.”


Company: cnbc, Activity: cnbc, Date: 2020-01-15  Authors: ryan browne
Keywords: news, cnbc, companies, billion, faster, startups, tech, grew, 2019, firm, total, million, china, study, investment, raised


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

There are three types of 5G — most of what you’ll get is not the super-fast kind

5G is really confusing because there are three different versions of it that are being built. The four major U.S. wireless companies — AT&T, Verizon, T-Mobile and Sprint — all have their own plans for how to build out 5G to their customer bases. Here’s the cocktail conversation summary:mmWave high-band 5G : T-Mobile (a little), AT&T and Verizon. Low-band 5G: T-Mobile/AT&T. But PCMag says that you have to stay within 80 feet of a tower or transmitter to get those speeds.


5G is really confusing because there are three different versions of it that are being built.
The four major U.S. wireless companies — AT&T, Verizon, T-Mobile and Sprint — all have their own plans for how to build out 5G to their customer bases.
Here’s the cocktail conversation summary:mmWave high-band 5G : T-Mobile (a little), AT&T and Verizon.
Low-band 5G: T-Mobile/AT&T.
But PCMag says that you have to stay within 80 feet of a tower or transmitter to get those speeds.
There are three types of 5G — most of what you’ll get is not the super-fast kind Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: alex sherman todd haselton, alex sherman, todd haselton
Keywords: news, cnbc, companies, wireless, verizon, youll, faster, latency, lowband, tmobile, kind, lte, tower, transmitter, superfast, types


There are three types of 5G — most of what you'll get is not the super-fast kind

People listen to a speech with the theme of 5G during day one of the 2019 Consumer Electronics Show (CES) Asia at Shanghai New International Expo Centre on June 11, 2019 in Shanghai, China.

You’re going to hear a lot more about 5G this year as new phones and other gadgets that support the new wireless network begin to launch.

5G is really confusing because there are three different versions of it that are being built. The networking architecture will eventually work together but most of what you’ll get right now, and probably for the coming years, isn’t super fast. Even worse, there isn’t anything that works with all three right now.

The four major U.S. wireless companies — AT&T, Verizon, T-Mobile and Sprint — all have their own plans for how to build out 5G to their customer bases. Their strategies relate both to their current wireless spectrum holdings and future plans to build fiber into the ground, which is essential for the fastest type.

Here’s the cocktail conversation summary:

mmWave high-band 5G : T-Mobile (a little), AT&T and Verizon. About 10x faster than LTE with extremely low latency, which means individual messages are transmitted almost instantaneously. But you need to be standing really close to a tower or transmitter to get those speeds.

: T-Mobile (a little), AT&T and Verizon. About 10x faster than LTE with extremely low latency, which means individual messages are transmitted almost instantaneously. But you need to be standing really close to a tower or transmitter to get those speeds. Mid-band 5G : Sprint. About 6x faster than LTE, but with a smaller footprint than low-band.

: Sprint. About 6x faster than LTE, but with a smaller footprint than low-band. Low-band 5G: T-Mobile/AT&T. About 20 percent faster than 4G LTE.

Now let’s unwrap that:

Millimeter wave is the “best” 5G. If you download a 4GB file, like a movie, you might be able to do that in about 5 minutes and 19 seconds on today’s fastest 4G LTE networks (assuming a 100Mbps connection). On a mmWave high-band 5G connection, that same movie would take only 32 seconds (assuming 1000Mbps). But PCMag says that you have to stay within 80 feet of a tower or transmitter to get those speeds.

Some industries are more excited about other aspects of mmWave 5G because of its improved latency. That’s fancy talk for the time it takes for a device to talk to the network. Companies building self-driving cars that may need to stop in a split second will take advantage of those aspects of 5G. Gamers also care about lower latency, so as companies like Microsoft, Google and Sony roll out streaming gaming services, the quality of play will improve.

But most carriers are rolling out millimeter wave 5G in an extremely limited area, and focusing on public spaces like stadiums and arenas. Cities are also rolling out this super-fast 5G in highly dense areas, like downtowns, and some carriers are selling transceivers for home use — similar to how WiFi works today.

Most of what you’re hearing about 5G today actually refers to mid-band or low-band, which won’t be that much of a difference from today’s wireless connectivity.


Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: alex sherman todd haselton, alex sherman, todd haselton
Keywords: news, cnbc, companies, wireless, verizon, youll, faster, latency, lowband, tmobile, kind, lte, tower, transmitter, superfast, types


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Apple’s fastest 5G iPhones may not launch until late 2020 or early 2021, analyst says

Susquehanna said Monday that Apple will launch its first 5G iPhones in September, but a faster version may not come before next January. The note said the faster mmWave 5G iPhone models probably won’t come before December. There are several types of 5G networks, which can make things a bit confusing. It’s likely Apple will announce all of its new iPhones in September as it traditionally does, but the iPhones with 5G mmWave support may launch a couple of months later. Susquehanna said the slower


Susquehanna said Monday that Apple will launch its first 5G iPhones in September, but a faster version may not come before next January.
The note said the faster mmWave 5G iPhone models probably won’t come before December.
There are several types of 5G networks, which can make things a bit confusing.
It’s likely Apple will announce all of its new iPhones in September as it traditionally does, but the iPhones with 5G mmWave support may launch a couple of months later.
Susquehanna said the slower
Apple’s fastest 5G iPhones may not launch until late 2020 or early 2021, analyst says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-06  Authors: todd haselton
Keywords: news, cnbc, companies, apples, fastest, late, mmwave, available, networks, iphone, iphones, 2020, faster, apple, launch, support, 2021, early, analyst


Apple's fastest 5G iPhones may not launch until late 2020 or early 2021, analyst says

Susquehanna said Monday that Apple will launch its first 5G iPhones in September, but a faster version may not come before next January.

“The delay in the launch, according to our checks, stems from Apple’s decision to in-source Antenna-in-Package (AiP) modules instead of purchasing from a 3rd party,” Susquehanna said in a note. The note said the faster mmWave 5G iPhone models probably won’t come before December.

There are several types of 5G networks, which can make things a bit confusing.

For example, T-Mobile recently rolled out its nationwide 600MHz 5G network, but it’s only marginally faster than 4G LTE. Another 5G technology called mmWave is about 10 times faster than 4G LTE and offered by T-Mobile, AT&T and Verizon, but those networks aren’t widely available and can’t cover large areas or penetrate walls and buildings. People who want the faster speeds need to be standing very close to a cell tower that offers the mmWave support right now.

It’s likely Apple will announce all of its new iPhones in September as it traditionally does, but the iPhones with 5G mmWave support may launch a couple of months later. Apple did this when it announced the iPhone 8 and iPhone X in September 2017 and released the iPhone X two months later.

Susquehanna said the slower 5G iPhones will have LCD screens while the mmWave iPhones will have better OLED screens, like the screens in today’s iPhone 11 Pro. This means the successor to the iPhone 11 may only support slower but more widespread 5G networks while the more premium successors to the iPhone 11 Pro and iPhone 11 Pro Max will also support faster but less widespread mmWave networks.

There currently aren’t any phones available that support all of the 5G technologies and mmWave is still only available in select areas.

So, there’s no rush for Apple to get these models out or for consumers to buy a 5G phone just yet. Still, Samsung is expected to announce the Galaxy S11 on Feb. 11, which may be the first to support all of the new 5G networks. If it does, Samsung could have a leg up on Apple for almost a year.

Apple was not immediately available to comment.


Company: cnbc, Activity: cnbc, Date: 2020-01-06  Authors: todd haselton
Keywords: news, cnbc, companies, apples, fastest, late, mmwave, available, networks, iphone, iphones, 2020, faster, apple, launch, support, 2021, early, analyst


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

BoE’s Carney says finance must act faster on climate change

Mark Carney, governor of the Bank of England (BOE), speaks at the bank’s quarterly inflation report news conference in the City of London, U.K., on Thursday, Aug. 1, 2019. Carney, due to become the United Nations’ special envoy for climate change next year when he steps down from the bank, told BBC radio that global warming could render the assets of many financial companies worthless. Carney cited pension fund analysis that showed the policies of companies pointed to global warming of 3.7 to 3.


Mark Carney, governor of the Bank of England (BOE), speaks at the bank’s quarterly inflation report news conference in the City of London, U.K., on Thursday, Aug. 1, 2019.
Carney, due to become the United Nations’ special envoy for climate change next year when he steps down from the bank, told BBC radio that global warming could render the assets of many financial companies worthless.
Carney cited pension fund analysis that showed the policies of companies pointed to global warming of 3.7 to 3.
BoE’s Carney says finance must act faster on climate change Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-30
Keywords: news, cnbc, companies, bank, carney, act, whats, change, climate, financial, warming, faster, boes, mark, assets, global, finance


BoE's Carney says finance must act faster on climate change

Mark Carney, governor of the Bank of England (BOE), speaks at the bank’s quarterly inflation report news conference in the City of London, U.K., on Thursday, Aug. 1, 2019.

Financial services have been too slow to cut investment in fossil fuels, a delay that could lead to a sharp increase in global temperatures, Bank of England Governor Mark Carney said in an interview broadcast on Monday.

Carney, due to become the United Nations’ special envoy for climate change next year when he steps down from the bank, told BBC radio that global warming could render the assets of many financial companies worthless.

Carney cited pension fund analysis that showed the policies of companies pointed to global warming of 3.7 to 3.8 degrees Celsius, compared with the 1.5-degree target outlined in the Paris Agreement on climate change.

“The concern is whether we will spend another decade doing worthy things but not enough… and we will blow through the 1.5C mark very quickly,” Carney said in a radio program guest edited by teenage environmental campaigner Greta Thunberg.

“As a consequence, the climate will stabilize at the much higher level.”

Carney said the financial sector had made a lot of progress in disclosing the risks to their assets from climate change, but he warned that progress was not fast enough.

He called on political leaders to effect change today and avoid selective information and spin.

“To deliver, there needs to be shared understanding about what’s necessary. [But] it is reasonable for there to be debates at the margin about where does the role of the state stop and what’s the role of markets,” Carney said.

He said there would need to be a mix of public investment and change driven by financial markets because of their power to reflect judgments about the future value of assets in a world affected by climate change.

Earlier this month, the BoE said Britain’s top banks and insurers should be tested together for the first time in 2021 to quantify the potential financial damage from climate change on their businesses.


Company: cnbc, Activity: cnbc, Date: 2019-12-30
Keywords: news, cnbc, companies, bank, carney, act, whats, change, climate, financial, warming, faster, boes, mark, assets, global, finance


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post