Category: phodrthr

Economists set out forecasts for ECB bond buys

first_img CITY economists agree the European Central Bank (ECB) will announce over €500bn (£330bn) of bond buying today but remain sceptical about its form and impact.Goldman Sachs’ economists think only partial details of a quantitative easing programme of up to €1 trillion will be revealed by ECB president Mario Draghi today, due to delays over risk sharing among member states. However, both Goldman and Bank of America (BoA) economists think risk sharing will initially be mutualised by countries within the bloc, despite its controversy. On its form, BoA does not think the ECB will add corporate bonds, in contrast to Morgan Stanley’s economists who believe Draghi may add €100bn of private sector bonds to €500bn of sovereign paper. Deutsche Bank also thinks investment grade corporate bonds will be included in Draghi’s plan. And economists are divided on its impact. Morgan Stanley’s number crunchers “remain sceptical on the impact of sovereign QE”, while Citi’s economists also take a dim view. “We doubt that the first iteration of the QE programme will be successful enough…” they wrote. Barclays’ economists remain confident. “Will QE work? We think it could,” they said. whatsapp Show Comments ▼ Economists set out forecasts for ECB bond buys Share Wednesday 21 January 2015 8:44 pm More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp Express KCS Tags: NULLlast_img read more

News / Cargologicair recruitment drive takes off

first_imgBy Alex Lennane 22/09/2015 Cargologicair has been busy recruiting staff for its launch. New CEO, and owner of one share in the airline, is Dmitry Grishin (above).Mr Grishin has true Volga-Dnepr pedigree. He became CEO of the airline after seven years as vice president sales at Ruslan International, the Antonov Airlines and Volga-Dnepr Airlines joint venture set up to market the AN-124 fleets. Previously, he was sales director at Volga-Dnepr UK and VD airlines. Overall, he has worked for the Russian aviation group for 20 years.He is joined by Stephen Harvey as chief commercial officer. Mr Harvey left Atlas Air last month, where he was senior business development manager, EMEIA, for two years. He too has previous experience at Volga Dnepr – he was sales manager at Ruslan for six years before leaving for his relatively short stint at Atlas. A source said: “It’s a real loss for Atlas.”Atlas Air is thought to be recruiting to fill the role. Meanwhile, Matt Morland, formerly of AviaBluFlightline (Wickes Air Services) becomes ground operations manager at Cargologicair.Cargologicair is majority owned by Cargo Logic Holding Ltd, whose sole shareholder is Alexey Isaikin, president of Volga-Dnepr Group – and not a Russian citizen, according to the company filing, but a Cypriot, and therefore from the EU. He is also company director of Cargo Logic Management, whose sole shareholder is Volga-Dnepr Logistics BV, the Schiphol-registered arm of the Russian group.Other staff have moved across from the nearly defunct Global Supply Systems, the Atlas Air-owned former operator of BA’s freighters. Sarah Owen becomes CLA’s operations control manager, while Laura Stapleton is rostering controller.For more information on the carrier, see our story here.last_img read more

Could we one day use music to diagnose disease?

first_img Please enter a valid email address. The body’s many proteins begin their lives as long strands of amino acids before folding up into the many tangles and ribbons that make them unique. The process makes for striking imagery. But, until now, it has lacked a soundtrack. Wedding the fields of biology and music, researchers in the US and UK have come up with a way to make folding proteins sing. And if it catches on, scientists might one day be able to spot the signs of disease by listening for errant voices in a microscopic choir.“I look at what researchers are doing, and I think they’re like Magellan — they’re explorers,” said Jonathan Middleton, a composer and music researcher who splits his time between Eastern Washington University and Finland’s University of Tampere. “Right now, they have visual tools for that, and my argument is: Why not also have an auditory option?”advertisement Related: National Biotech Reporter Damian covers biotech, is a co-writer of The Readout newsletter, and a co-host of “The Readout LOUD” podcast. Privacy Policy Researchers have created musical melodies based off the structure of proteins. Bywater and Middleton By Damian Garde Oct. 20, 2016 Reprints @damiangarde Damian Garde For a complex protein like the muscle-related connectin, the numbers describing its three-dimensional shape and amino acid content would use nearly the full range of Middleton’s piano. For something simpler, like the albumin found in blood, the numbers would be fairly modal and the song more constrained. Think “Für Elise” versus “Chopsticks.”The key is whether each melody tracks with models, graphs, and charts of a protein’s measurable characteristics. Middleton and Bywater tried out their method on 38 people, showing them visualizations of proteins and asking how well the accompanying music matched up with what they saw. A significant majority reported a correlation between sight and sound, according to results published in the journal Heliyon on Thursday, convincing the researchers that they’re onto something.In the short term, the sonification software is “a wonderful teaching tool,” Bywater said, allowing students to better understand the complex world of protein folding by assigning a memorable musical motif to each shape.But over time, the researchers hope their work could help scientists identify protein mutations that might signal disease and help scientists spotlight new ways to treat it. In the coming months, Middleton and Bywater hope to put up a website that would allow users to pick any protein in the world and get an mp3 in exchange. How getting proteins to dance the ‘YMCA’ could yield new antibiotics center_img [email protected] Through a process called protein sonification, Middleton and Robert Bywater from the Francis Crick Institute have assigned musical flourishes to match a protein’s shape, depth, and amino acid content. Each measurable stat has a corresponding pitch and rhythm. Played from the top, individual proteins become unique melodies. Leave this field empty if you’re human: “I can imagine composers having a field day with this,” Bywater said. But scientists, too, will get an audible axis to add to their toolkit for assessing proteins. Alzheimer’s disease, for example, is widely believed to result from protein misfolding, which could correlate with dissonance in molecular melodies, Bywater said.And that could be of real use in research, said David Pincus, a fellow at the Whitehead Institute not involved in the project.“I think every researcher who’s been studying one particular protein always wants a new way of thinking about the protein,” said Pincus, whose lab studies protein homeostasis. “If you can just hear a sour note and immediately diagnose a mutation, that could be quite a lot better than painfully going through amino acid by amino acid.”“We use music for a lot of things,” Middleton said. “Sports, worship, the concert hall, storytelling. Why can’t we use music for our data?” About the Author Reprints Listening to a molecular melodyVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard ShortcutsEnabledDisabledPlay/PauseSPACEIncrease Volume↑Decrease Volume↓Seek Forward→Seek Backward←Captions On/OffcFullscreen/Exit FullscreenfMute/UnmutemSeek %0-9 facebook twitter Email Linkhttps://www.statnews.com/2016/10/20/scientists-music-proteins/?jwsource=clCopied EmbedCopiedLive00:0001:3501:35  Working with Bywater, Middleton created mapping system that syncs musical motifs to a protein’s unique measurements.advertisement NewslettersSign up for The Readout Your daily guide to what’s happening in biotech. In the LabCould we one day use music to diagnose disease? Tags musicprotein foldingsciencelast_img read more

Drone helps capture fleeing felon in Golden Gate

first_imgAdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments RELATEDTOPICS Woman shot outside Naples Waffle House June 16, 2021 Missing Collier teen seen with man at Fort Myers Publix June 11, 2021 Deputies investigate overnight shooting in Golden Gate June 10, 2021 COLLIER COUNTY, Fla. – Deputies used a drone to help locate a man who pointed a gun at a woman and took off running when law enforcement arrived. Jabaree Miller, 26, of Golden Gate, is facing a charge of aggravated assault with a deadly weapon after he, reportedly, aimed a handgun at a woman and said “Today is the day,” and, “All I need is one bullet,” according to the Collier County Sheriff’s Office. Deputies sent drones into the sky to search for Miller. One of the drones located the 26-year-old a short time later hiding behind a dumpster on the 5200 block of Golden Gate Pkwy. AdvertisementCourtesy of the Collier County Sheriff’s OfficeMiller was arrested and taken into custody with the Collier County Sheriff’s Office. Deputes said the 26-year-old has a lengthy criminal history in Collier including multiple drug trafficking charges. Collier school resource officers teach kids how to fish on first day of “Summerfest” June 16, 2021 Advertisement AdvertisementTags: Collier County Sheriff’s Officedrone Advertisement AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 commentslast_img read more

RICOVR Healthcare, IIT Madras bag Ignition Grants Award for saliva-based COVID-19 POC diagnostic device

first_imgRICOVR Healthcare, IIT Madras bag Ignition Grants Award for saliva-based COVID-19 POC diagnostic device Comments (0) Read Article Add Comment Share COVID-19 Updates Lab Diagnostics News Public Health By EH News Bureau on September 18, 2020 Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app Phoenix Business Consulting invests in telehealth platform Healpha WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Related Posts Biosensor platform uses small drop of saliva to provide high quality, cost-effective results in five minutes  to detect active viral particles on the spot without needing specialised apparatusA point-of-care COVID-19 antigen test that can provide results in five minutes using saliva has won the Ignition Grants Award from the US India Science and Technology Endowment Fund (USISTEF). Developed by RICOVR Healthcare, an US-based rapid diagnostics platform company and IIT Madras this project won after a rigorous bi-national review process of over 400 proposals.RICOVR Healthcare’s patented biosensor platform reportedly uses a small drop of saliva to provide high-quality, cost-effective results in approximately five minutes. IIT Madras is collaborating with RICOVR to bring this novel COVID-19 antigen test to the market. The approach of detection and simple use of saliva will help bring a cost-effective, accurate, and user-friendly device to global markets in need of more immediate diagnostic tools.The point-of-care diagnostics, or near-patient testing market that the company operates in, is expected to generate $50.51 billion in revenues by 2026 in the US alone. Testing at the point of care in this way increases the efficiency of diagnostic and testing process, and helps to ensure that patients are receiving the highest-quality care by freeing up invaluable time normally occupied by waiting for test results.Highlighting the unique aspects of this collaboration, Dr Himanshu Bhatia, Founder and CEO, RICOVR Healthcare said, “Given the scientific vetting process’s rigour, this achievement adds credibility to our already-proven technology. Our scientific approach and methodical steps continue to propel RICOVR in the right direction. With this recognition and partnership, we are confident we can achieve better outcomes and a robust testing platform for COVID detection.”The RICOVR and IIT Madras collaboration focuses on developing and implementing new technologies and systems to satisfy unmet rapid and reliable testing needs. The award takes RICOVR Healthcare one step closer to bringing the Point-of-care Fiber-optic Biosensor (P-FAB) device from the lab to the market, according to a release.Elaborating the technology behind this COVID-19 diagnostic device, Dr V V Raghavendra Sai, Associate Professor of Biomedical Engineering, Department of Applied Mechanics, IIT Madras, said, “This technology is differentiated from the other molecular and antibody-based test in that it can detect the presence of active viral particles on the spot without needing a specialised apparatus. Our lab has already demonstrated and shown the capability of our technology in other diagnostics fields.  This award will help us rapidly progress our work for this much-needed diagnostics test. This can be a game-changer in the management and control of COVID-19.”USISTEF, a joint fund established by the US and India to promote innovation through science and technology, had called for proposals under the category of COVID-19 Ignition Grants in April 2020. The intent was to support promising joint US-India entrepreneurial initiatives that address the development and implementation of new technologies, tools, and systems to address COVID-19 related challenges, including monitoring, diagnosis, health and safety, public outreach, information, and communications. The missing informal workers in India’s vaccine story Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” COVID-19IIT MadrasPOC diagnosticsRICOVR HealthcareSalivaUSISTEF Menopause to become the next game-changer in global femtech solutions industry by 2025last_img read more

Gov’t/IDB sign procurement agreement

first_imgFacebookTwitterWhatsAppEmail MONTEGO BAY — A US$1.2 million (approximately $102 million) e-procurement technical agreement was signed between the Government of Jamaica (GOJ) and the Inter-American Development Bank (IDB) on Tuesday April 12. Minister of State in the Ministry of Finance and the Public Service, Senator the Hon Arthur Williams, signed on behalf of the government, while IDB representative in Jamaica, Ancile Brewster, signed on behalf of the bank. This was done at the opening ceremony of the first Caribbean Collaborative Regional Procurement Workshop, at the Ritz Carlton Golf and Spa Resort, Montego Bay.  The two-day workshop is being held under the theme, “Cooperation and Integration, the Path to Government Procurement Development in the Caribbean”. It aims to strengthen Caribbean participation in the Inter-American Network of Government Procurement, and support the development of procurement policies and procedures in the region. According to Mr. Brewster, IDB support for procurement in the Caribbean has been unstinting over the years, with an equally long association with Jamaica in promoting efficiency and equity in the process. He said that the IDB is fully engaged with the Government in wide reforms based, essentially, on fiscal and economic consolidation and stabilization. “We have identified the strengthening of public financial performance management, as one of the key pillars to ensuring that public resources are efficiently and equitable used,” he said. He added that part of the support being provided for Jamaica, in terms of loans and grants, is for the creation of a state of the art public procurement system. “The resources of this technical cooperation, the combined value of both the resources provided by the GOJ and the IDB, total just about $1.2 million, and much of the resources will go towards establishing the e-performance, e-bidding platform, which has significant advantages,” he stated. He insisted that an e-bidding platform has the capacity to make procurement a lot more efficient, and more equitable. He said training and public education are two areas of focus under the technical agreement. Senator Williams, in declaring the workshop open, noted that the government is fully committed to modernizing the procurement system. He also noted the continuing comprehensive restructuring and institutional strengthening of the procurement framework, to align the system to reflect international best practices. “One important feature of the new regulations is the establishment of the Procurement Appeals Board, that will operate as an entity independent of the procurement process, that will hear contractor complaints,” he pointed out. He also made mention of the revision of the Procurement Procedures Handbook now taking place, the institution of ethical standards for procurement staff across the public sector, and moves to involve micro, small and medium size businesses in the procurement process, as initiatives being pursued by the government with a view to improving the process. RelatedGov’t/IDB sign procurement agreement RelatedGov’t/IDB sign procurement agreement By Bryan Miller, JIS Reporter RelatedGov’t/IDB sign procurement agreement Advertisements Gov’t/IDB sign procurement agreement Finance & Public ServiceApril 13, 2011last_img read more

Children Removed from Lockups Last Year

first_imgAdvertisements The Ministry of Youth and Culture removed more than 165 children deemed in need of care and protection from police lockups in 2013.Portfolio Minister, Hon. Lisa Hanna, said this was among several significant strides made by the Government over the past year as it regards the care of Jamaica’s children.Speaking at a press briefing at her New Kingston offices on Wednesday morning, January 15, Ms. Hanna informed that also among the Ministry’s notable achievements for 2013 was the removal of all children from adult correctional facilities.This, she said, was carried out in collaboration with the Ministries of Justice, and National Security.“(Additionally), we got an increased budget of 900 per cent to take care of amendments and upgrades to our children’s homes,” she informed.Ms. Hanna said the Ministry was also successful in fulfilling its commitment to remove the “uncontrollable behaviour” label from children who display extreme behaviour.“(We) have made significant strides over the past year…so much so that UNICEF (United Nations Children Fund) congratulated the Government of Jamaica, the Ministry of Youth and Culture and its agencies for some of the progressive steps that we took to deal with children and other child-related issues,” she stated.“So, we came out of 2013 on a trajectory and we will build on that momentum for our children,” Ms. Hanna pledged. RelatedMinister of Youth and Culture’s Remarks at the 2014 Maroon Celebration FacebookTwitterWhatsAppEmail RelatedAgencies to Clear Backlog of Adoption Applications RelatedJanuary 17 is Closing Date for Entries in JCDC Gospel Competitionscenter_img Photo: JIS PhotographerMinister of Youth and Culture, Hon. Lisa Hanna (right), addresses journalists during a press briefing held at her New Kingston offices on Wednesday, January 15. Also pictured (from left) are: Acting Chief Executive Officer, Child Development Agency, Rosalee Gage-Grey; and Children’s Adviser in the Ministry, Sadie Keating. (FILE) Story HighlightsThe Ministry of Youth and Culture removed more than 165 children deemed in need of care and protection from police lockups in 2013.Ms. Hanna informed that also among the Ministry’s notable achievements for 2013 was the removal of all children from adult correctional facilities.Ms. Hanna said the Ministry was also successful in fulfilling its commitment to remove the “uncontrollable behaviour” label from children who display extreme behaviour. Children Removed from Lockups Last Year CultureJanuary 16, 2014Written by: Athaliah Reynolds-Baker Children Removed from Lockups Last YearJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlaylast_img read more

Comment / The Morrow-Roberson road test: Flexport – moving beyond freight forwarding

first_imgSince that article, and even prior to it, Flexport received an astounding amount of funding, resulting in the company today being valued at an estimated $3.2bn-plus. Based on my market share estimates, Flexport is not even a top-25 forwarder in terms of revenue nor volumes. But, evidently, that no longer matters. Managing partner Michael Ronen for Softbank, an investment firm that invested $1bn in Flexport this year, said: “Flexport is unique in going after what is essentially a pretty boring space and doing it in an incredibly innovative way.”  Don’t say it. Yes, I too know quite a few other forwarders and 3PLs that have been around for years that are also quite innovative and have not received such a large cash infusion. It’s all about who you know these days…  Meanwhile forwarders, traditional and new, 3PLs and others within the broader supply chain market have invested like crazy in technology. The result has been such offerings as real-time visibility, booking and management of freight online, much like Flexport. So does Flexport still have an edge? I talked with the Flexport team and received a demo of Flexport’s system. The guts of the system are based on cloud-based software for ease of updates, sharing and collaboration among supply chain partners. It is an intuitive platform, allowing users to manage freight from origin to destination in major parts of the world, specifically the US, Europe and much of Asia. Rate quotes, booking, tracking and route optimisation are all available, as well as managing paperwork and submitting documentation to Customs.  But similar software guts, and an intuitive platform, have now become standard for many forwarders. In 2013, certain capabilities such as tracking shipments were also available from several forwarders, but few had online platforms comparable with that of Flexport.  A nice feature available on Flexport’s platform, one that I have not seen elsewhere, is the ability for shippers to analyse their shipments at the SKU and/or harmonised classification level – landed costs, Customs costs and units in transit, filtered by country code and more. The platform also has the ability to upload a photo of the items. To be honest, the Flexport platform has so much included, that it is overwhelming. Managing and clearing freight includes maps that are updated in real time to show active shipments and exceptions; collaboration and analytics sections; finance & payment; centralised document repository; and more. Trade is complicated and, according to the company, Flexport’s mission is to make it easier. As such, instead of a freight forwarder, I wonder if it is more a 4PL.  There are numerous definitions of a 4PL, but one from inventory management software provider Tradegecko may be most appropriate: a 4PL “manages resources, technology, infrastructure and even external 3PLs to design, build and provide supply chain solutions for businesses”. Because of the many parties and complex processes involved in trade, Flexport has centralised much of this. In addition, Flexport has leased warehousing space in locations such as Los Angeles and Shenzhen and has a leased aircraft on hand for air shipments. Lastly, customers typically have a single point of contact from Flexport and, depending on the size of the account, a global holistic team that includes operations and data managers.  Regardless of the label one wishes to place on Flexport, its edge may have been technology when it first started out in 2013, but it has evolved into more than a freight forwarder and is now moving towards 4PL-like solutions, encompassing more of the supply chain versus simply the management of transport.  Is it the only one on this path? Certainly not – and because of that, it faces stiff competition. But one of its strengths, that may see it prove successful, is not the technology, but its good, old-fashioned, customer-centric approach to tackling issues. Flexport: the name alone invokes a multitude of commentary in articles, at conferences and on social media – good, and not so good.  The company started in 2013 when founder Ryan Peterson, entrepreneur and co-founder of Import Genius, decided to tackle the ‘antiquated’ and ‘unsexy’ freight forwarding market.  As noted in a Forbes article from 2016, Mr Peterson said: “It’s really all about coordinating complexity. In the freight world, the user experience is just broken.  “No company has enough assets to keep the goods within their own company the whole time – the shipments are forced to change hands many times.”   That’s absolutely correct, and it’s what freight forwarders and 3PLs do, manage this process. However, the difference is that Flexport introduced itself as the technology solution, something forwarders and 3PLs were already making investments in, but not as publicly and quickly as Flexport. In addition, Flexport began calling itself a ‘digital forwarder’, resulting in raised eyebrows and questions concerning the viability of the existing forwarding market.  By Cathy Morrow Roberson 22/07/2019last_img read more

Oculus exec warns uptake may be slow

first_imgOculus exec warns uptake may be slowVP of product suggests content, price issues may keep virtual reality tech from changing the industry overnightBrendan SinclairManaging EditorFriday 25th September 2015Share this article Recommend Tweet ShareCompanies in this articleOculus VRIn an on-stage appearance at yesterday’s Oculus Connect keynote, Facebook founder Mark Zuckerberg warned that virtual reality might grow slowly at first. It was a sentiment echoed by Oculus VP of product Nate Mitchell in an interview with Gamasutra published today.While Oculus is convinced of VR’s potential to change the world, Mitchell said history has shown that new technology generally doesn’t do that overnight.”At the end of the day, I think that if you look at many of the most successful consumer hardware products of all time, most of them sold in the very low millions of units in their first year — especially new product categories, things like Kindle and iPod. They sold in the hundreds of thousands in their first generation,” Mitchell said.The two big challenges that Mitchell said most needed to be addressed were content and price. While people might have their minds blown by an impressive VR demo, they still need good content to justify investing in the tech and have it as a permanent fixture in their homes. To start with, Mitchell expects that content to come from small developers and indies interested in the possibilities of VR and able to take risks their larger counterparts can’t.”If we can sell enough that developers start being successful and they can reinvest in the system,” Mitchell said, “we can start the cycle and kick start the chicken-and-the-egg problem. I think we can make this thing into a thriving ecosystem.”Related JobsSenior Game Designer – UE4 – AAA United Kingdom Amiqus GamesProgrammer – REMOTE – work with industry veterans! North West Amiqus GamesJunior Video Editor – GLOBAL publisher United Kingdom Amiqus GamesDiscover more jobs in games If enough small developers give people a reason to buy the system, then there may be an installed base big enough to justify the larger players investing in VR games and content at the multimillion dollar level.Oculus can help make that happen working from two directions. First, it can by promote developers making VR-specific games and fostering innovation in the community. Second, it can make the hardware increasingly affordable over time.”Price is going to be one of the biggest barriers to entry,” Mitchell said. “It’s just not going to be some insane, insane console launch, but if we can build this thing year over year and keep growing the community and the ecosystem, then we can make VR that changes the world.”Celebrating employer excellence in the video games industry8th July 2021Submit your company Sign up for The VR & AR newsletter and get the best of GamesIndustry.biz in your inbox. Enter your email addressMore storiesOculus halts headset sales in GermanyFacebook says it’s a temporary move and will continue supporting existing owners in the countryBy Brendan Sinclair 8 months agoSony reportedly increasing PS5 production to 10m units by 2021Meanwhile, Facebook said to be ramping up manufacturing for Oculus devicesBy James Batchelor 9 months agoLatest comments (3)Andrew Jakobs Lead Programmer 5 years ago hmmm.. as we still don’t know how mucht the Oculus is actually going to cost, this makes me worry a bit and gives me the idea the Oculus isn’t going to cost the price as was mentioned they were targetting for (a couple of years ago).. 0Sign inorRegisterto rate and replyNick Parker Consultant 5 years ago Is this refreshing realistic pragmatism or a warning? Loss leading on the console to generate an installed base worthy of investing development on has always been the route to market for console manufacturers (Nintendo sometimes being the exception). Launching hardware takes balls of steel but I think with the FB deep pockets, Oculus can ride through the rocky early adopter stage. Ditto PS VR.center_img 2Sign inorRegisterto rate and replykevin williams , KWP Limited5 years ago >…Is this refreshing realistic pragmatism or a warning?……Or damage limitation against previous over-exaggeration of the opportunity – we can point to those previous comments they did not shut-down at the time that their system would run on a $600 priced PC! Now the reality hits home and they need to try and manage the three elephants in the room! Edited 1 times. Last edit by kevin williams on 29th September 2015 12:15pm 1Sign inorRegisterto rate and replySign in to contributeEmail addressPasswordSign in Need an account? Register now.last_img read more

Nexon to acquire Big Huge Games

first_imgNexon to acquire Big Huge GamesKorean publisher to buy all remaining shares after backing the company at its foundationMatthew HandrahanEditor-in-ChiefThursday 10th March 2016Share this article Recommend Tweet ShareCompanies in this articleBig Huge GamesNexon’s Korean subsidiary has agreed to acquire the outstanding shares in Big Huge Games, the US studio it worked with on the mobile hit, DomiNations.Indeed, Nexon has been involved ever since Big Huge was revealed to be the new studio from Brian Reynolds and Tim Train back in 2014. Reynolds and Train founded the company’s original incarnation in 2000, but that ended when it was closed amidst the very public implosion of 38 Studios.Version 2.0 launched with Nexon’s backing, and the Korean company went on to publish DomiNations. According to CEO Tim Train, that existing relationship, and the positive outcomes that resulted from it, laid the foundation for the buyout. Related JobsSenior Game Designer – UE4 – AAA United Kingdom Amiqus GamesProgrammer – REMOTE – work with industry veterans! North West Amiqus GamesJunior Video Editor – GLOBAL publisher United Kingdom Amiqus GamesDiscover more jobs in games “We are thrilled to be joining forces with Big Huge Games,” Nexon CEO Owen Mahoney added in a statement. “One of Nexon’s core objectives is to empower the best game developers around the world enable them to succeed.”DomiNations has achieved great success in both the West and Asia, and we’re excited to work with Big Huge Games to deliver the best quality gameplay to fans for years to come.”DomiNations has been downloaded 19 million times since it launched in April 2015.Celebrating employer excellence in the video games industry8th July 2021Submit your company Sign up for The Mobile newsletter and get the best of GamesIndustry.biz in your inbox. Enter your email addressMore storiesDomiNations’ lifetime revenue passes $100mHistorical mobile strategy game celebrates two-year anniversary with 32m playersBy James Batchelor 4 years agoSecretNewCo becomes Big Huge GamesBrian Reynolds revives studio with backing from NexonBy Rachel Weber 6 years agoLatest comments (1)Richard Browne Head of External Projects, Digital Extremes5 years ago Fantastic news for a fantastic team. I do hope it goes better than when we did it . . . 0Sign inorRegisterto rate and replySign in to contributeEmail addressPasswordSign in Need an account? Register now.last_img read more