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Thursday, May 3, 2012
LG Optimus L7 now available in Europe and Asia
LG Korea has announced the availability of the LG Optimus L7 starting May 2 in "major" European and Asian markets. In case you forgot, the Optimus L7 is the high-end model of the L series phones we saw at Mobile World Congress (check out the hands-on), with a 4.3-inch screen and running a new Android 4.0 based Optimus UI.
There's no mention of which markets in Europe and Asia that LG considers major, so at this point we'll just have to wait for carrier announcements. And any words on a release on this side of the Atlantic haven't been said yet.
Source: LG Korea (Korean)
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Wednesday, May 2, 2012
UK High Court: ISPs Must Block Access To The Pirate Bay
The British Phonographic Industry (BPI) finally got its will today. According to a ruling by Britain's High Court, UK Internet providers must now block access to Swedish file-sharing site The Pirate Bay. The BBC reports that the BPI had asked British ISPs to voluntarily block access to the site in November 2011. At that time, though, the ISPs said they wouldn't do so unless ordered by a court. That court order has now arrived. Five UK ISPs (Sky, Everything Everywhere, TalkTalk, O2 and Virgin Media) have already announced that they will comply with this order. BT asked the court for more time to consider its position.words with friends words with friends phlebotomy survivor dog show best in show bret michaels
Tuesday, May 1, 2012
UK at risk of longer slump as euro crisis hits factories
LONDON (Reuters) - British manufacturing output barely grew at all in April as an economic slowdown in the euro zone curbed demand for goods made in Britain, a survey showed on Tuesday, raising the risk of a longer recession.
The unexpectedly sharp slowdown is fuelling a debate over the chances of further monetary stimulus from the Bank of England (BoE), after central bankers hinted that they might not extend their asset purchases later this month following a run of stronger economic data and sticky inflation.
Sterling fell against the dollar and euro after the PMI release.
The weak Markit/CIPS Manufacturing Purchasing Managers' Index (PMI) also cranks up the heat on the governing Conservatives and Liberal Democrats, grappling with a shrinking economy and a series of political blunders as they go into local elections on Thursday, a test of popular support.
The manufacturing PMI dropped to 50.5 in April from a downwardly revised 51.9 in March, keeping the sector just above the 50 level which separates growth from contraction.
"It's all apiece with recent data, which tells us that the economy is weak and likely to remain so for some time," said Peter Dixon, economist at Commerzbank.
The reading, the lowest since December, fell short of economists' forecasts for a dip to 51.5 and lent some credence to disputed official data that showed an economic contraction in Britain in early 2012, tipping the country back into recession.
The Bank and many economists have argued that the official figures understate the economy's true strength, pointing to more upbeat evidence from surveys, including earlier PMIs.
In other quarters the mood is more sombre. The chief executive of British bank Lloyds warned on Tuesday of a "long and difficult" path to economic recovery in Britain.
"We think that the economy will be reasonably flat this year, but it is going to be a long and difficult recovery," Antonio Horta-Osorio said. "We expect it to recover to growth in 2013 and expect unemployment to peak at close to 9 percent by early next year."
The weakness in manufacturing was replicated in Britain's small neighbour Ireland, where growth in the sector almost ground to a halt in March as output fell.
Economic fortunes were better further afield, with China's official PMI rising to a 13-month high in April, signalling that economy has found its footing and may be recovering from a first-quarter trough.
DEPRESSION
Britain's economy has not fully recovered from the steep slump caused by the 2007-2009 financial crisis and is stuck in what some economist already describe as a depression.
British manufacturing output did expand for the fifth consecutive month in April, but it was at the weakest pace since December, partly due to the sharpest fall in new export orders since May 2009, Markit said.
The index measuring overall new orders dropped for the first time since November, with manufacturers blaming sluggish overseas demand and strong competition.
And a strengthening in sterling to its highest in more than two and a half years on a trade-weighted basis poses another threat to exporters by either sapping foreign demand for British wares or squeezing firms' profits via lower prices.
Production of consumer goods fell, while output of intermediate goods, such as car engine, and investment goods, such as factory equipment, both rose.
"It seems that weaknesses in our major trading partner, the euro zone, are starting to hit home, especially for consumer goods producers," said Rob Dobson, senior economist at Markit, which compiles the PMI survey.
Factory-gate price inflation reached a seven-month high, even though manufacturers' costs rose at a much slower pace than in March.
The signs of slower growth but higher output prices will compound the central bank's dilemma over quantitative easing.
Most economists do not expect another round of QE after the current one runs out this week, although the surprise fall in GDP has raised the prospect of the bond-buying being extended.
(Editing by Alastair Macdonald)
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Miley Cyrus Urges America: Feed the Hungry!
Miley Cyrus has recorded a new Public Service Announced on behalf of Feeding America.
In the spot, the actress/singer takes on the role of Rickey, a former member of the Army Reserve who is trying to start a career and struggling not only with that difficult task, but also with finding a meal in general.
Miley is one of many celebrity chipping in to this important cause. Others telling the stories of real-life, poverty-stricken Americans included Matt Damon, Ben Affleck, Taye Diggs and Ana Ortiz. Watch the PSA now:
And visit the official Feeding America website to contribute.
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Kristen Stewart Named Best Dressed Celebrity
She may not love to make public appearances, but Kristen Stewart looks darn good when she does venture out to the red carpet.
Nay, she looks better than any star alive, at least according to the editors of Glamour UK. They have named the Twilight Saga actress the Best Dressed Celebrity in the world.
As for the worst? Don't worry, the magazine has handed out that dishonor as well... to Katie Price for the third year in a row.
Below, we list the publication's top five Best and Worst Dressed celebs. Do you agree with its assessments?
BEST
1. Kristen Stewart
2. Emma Watson
3. Victoria Beckham
4. Duchess of Cambridge
5. Florence Welch
WORST
1. Katie Price
2. Lady Gaga
3. Taylor Momsen
4. Kim Kardashian
5. Nikki Reed
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