Canada’s audit regulator releases first report on Big Four inspections

first_img Related news Auditing issues remain rampant IE Staff In its first public report on Canada’s Big Four accounting firms released today, the Canadian Public Accountability Board (CPAB) said that its inspection findings indicate the quality of audits performed by Deloitte LLP, EY LLP, KPMG LLP, and PwC LLP improved in 2014. “Based on the positive trend in 2014, it is clear that Canada’s four largest public accounting firms continue to take audit quality seriously,” said Brian Hunt, CEO, CPAB. Share this article and your comments with peers on social media Keywords Accounting firms,  AuditorsCompanies Canadian Public Accountability Board center_img Credit market problems prove longer lasting than expected: TD Economics “There is, however, still room for improvement in terms of driving consistent audit execution deeper into the organization. To this end, we have emphasized to the Big Four the need for continued focus on addressing audit issues that recur year over year as well as issues that we have identified in this inspection report,” he added. In 2014, CPAB inspected 98 Big Four engagement files, up from 105 in 2013, and found an overall improvement in audit quality, including a 36 per cent decline in files with significant audit deficiencies, down from 43 per cent in 2013. Since 2011 – when CPAB first issued its call to action to improve audit quality – the number of files inspected by CPAB with significant audit deficiencies has declined overall by more than two-thirds. While no new audit quality themes emerged this year, CPAB’s inspections indicate that challenges persist in the areas of complex accounting estimates, auditing in foreign jurisdictions, understanding and evaluating internal controls, applying professional judgment and executing professional skepticism. A key development in 2014 was the introduction of the Protocol for Audit Firm Communication of CPAB Inspection Findings with Audit Committees (Protocol). Audit firms are now required to share significant inspection findings and CPAB’s public reports with their clients’ audit committees. CPAB strongly encourages audit committees to discuss the report and any file-specific findings, if applicable, with their auditor. IOSCO aims for improved audit quality Facebook LinkedIn Twitterlast_img read more

Pension assets up: StatsCan

first_imgOn a year-over-year basis, private sector assets were up 9.4%, versus 6.4% for public sector funds.Overall, the market value of pension assets grew by 1.6% in the third quarter to $2.04 trillion. Total assets were up by 7.3% year over year.Bond investments led the way in Q3, rising by 3.1%, StatsCan reported.Stocks were up 2.1%, mortgage investments gained 1.5% and real estate was up by 1.2% in the quarter.The value of short-term investments declined by 2.4% in Q3, and the value of other assets was relatively flat.StatsCan also reported that net income for pension funds rose by 14.1% in Q3, and by 48.2% year over year.Revenue from pension contributions was down 13.4% in the quarter, but StatsCan said “this was more than offset by growth in net profit on sales of securities (17.9%) and investment income (3.6%)”.Pension expenditures declined by 4.2% in the quarter, “mainly due to lower pension payments and administration costs,” the agency noted. Share this article and your comments with peers on social media James Langton Keywords PensionsCompanies Statistics Canada Surging bond yields take a bite out of Canadian DB plans Private sector pension funds outperformed public sector funds in the third quarter of 2019, according to new data from Statistics Canada.The national statistical agency published new data which showed that the market value of private sector pension funds grew by 2.3% in the third quarter, outpacing public sector funds, whose assets rose by 1.3%. Businessmen climbing corporate ladders new job appointment notice ismagilov/123RF DB plan solvency in best position since financial crisis: FSRA Related news Mature single women are wealthier than mature single men, StatsCan finds Facebook LinkedIn Twitterlast_img read more

Advisors optimistic about future growth: survey

first_img Financial advisors are optimistic about the future of their businesses despite the ongoing global pandemic and a changing industry landscape, according to a new report from Natixis Investment Managers.Findings from the Natixis Investment Managers 2020 Global Financial Professional Survey revealed that Canadian financial professionals expect to see a modest increase of 2.1% in their assets under management over the next 12 months. More optimistically, those same professionals said they believe they will see annualized growth of 14.3% over the next three years. Facebook LinkedIn Twitter Companies outperform on digitization, prepare for further growth Keywords Wealth management,  SurveysCompanies Natixis Investment Managers Canada LP Share this article and your comments with peers on social media How remote work is changing the industry and advisors client meeting HONGQI ZHANG/123RF Eighty-one per cent of respondents said they believe this growth will come from new clients, and 77% said that it will come from new assets from current clients. Only 57% of respondents said that market returns would drive growth.While they are optimistic, advisors are not viewing the industry through rose-coloured glasses. Survey participants noted that they must improve their business practices if they expect to see assets grow.A little over half of respondents (53%) said that in the future they will need to be better at establishing relationships with family members and next-generation heirs of their current clients. Many advisors (51%) said they need to improve when it comes to demonstrating the value of advice beyond building and allocating investment portfolios. Forty-four per cent, meanwhile, said helping their clients avoid making emotional investment decisions would be an area of expertise to focus on in future.“Advisors are adapting their business to align with anticipated growth opportunities, and the path to profitable growth isn’t likely to follow the status quo,” said Dave Goodsell, executive director of Natixis’ Centre for Investor Insight, in a statement. “To win hearts and assets, advisors need a keen understanding of how clients’ needs and expectations are evolving.”Indeed, survey respondents said that over the past year, clients have started asking for services beyond basic portfolio selection.Sixty-nine per cent of advisors noted an increased demand for financial planning, while 43% said clients are looking for tax-efficient investment strategies. Other growing areas of interest for clients include estate planning and environmental, social and governance investment strategies.The survey was conducted by CoreData Research between March and April 2020. In Canada, CoreData surveyed 150 financial professionals, including wealth managers, investment advisors, financial planners and wirehouse and independent broker dealers, with a total of $8.6 billion in assets and an average of 19 years of industry experience. Survey finds 10% of Canadians plan to leave their advisor Related news IE Staff last_img read more

Facilitating ambition within a green recovery

first_imgFacilitating ambition within a green recovery Greetings to everyone on this event and thank you so much for dialling in. Many of you will be dialling in from places where it is late in the day or really very early. So, thank you so much for your commitment, we really are incredibly grateful.At the opening of the Climate Change Dialogues last Monday, I made the point that, despite the great difficulties we have faced this year, it is absolutely vital that we that maintain momentum on climate action.Over the past months I’ve spoken to very many colleagues across the world and individual governments,I have spoken at almost 50 events virtually. And whilst we’ve all acknowledged the need to do as much as we can to support our populations, protect jobs, protect livelihoods, in terms of our individual countries, it is also the case that climate change hasn’t taken time off. The clock is still ticking and those two hands on the face of the clock are getting closer to midnight.So, it is important that we keep encouraging ambition across the world. Archie talked about some of the areas that we are looking for leaders to come forward at the Climate Ambition Summit on 12 December. What we want to do is to encourage that ambition on mitigation, on adaptation and support.So that we are in prime position to realise the full potential of the Paris Agreement in Glasgow next year. We absolutely owe that not just to our generation but actually generations to come in the future.All of you are vital, you’re absolutely integral to that. That is how we’re going to make progress at COP26. And I’ve said this before but I want to repeat this point – the UK and our friends in Italy may have the presidency of COP but success at COP is going to belong to each and every one of us as individuals and as countries.It’s only by working together that we will succeed in tackling climate change.Whether that’s in Governments, regions, cities, indigenous peoples, business, civil society, and or as individuals, it is going to be vital that we all play our part.That is why events like this Open Dialogue are so important. Bringing together representatives from a whole range of constituencies.And it is also why our COP26 campaigns are bringing people together to focus on these five critical areas: clean energy, clean transport, adaption and resilience, nature based solutions, and finance, which ties the whole thing together.I’d like to speak for one moment directly to all our representatives from observer organisations.The reality is reaching net zero and building our resilience will only be achieved through this joint effort.And for this, you are absolutely vital. You are vital for helping to raise awareness, for generating support, and asking us to do more.And very rightly you encourage us to go further.And help to create the conditions for the Parties to raise their ambition around the negotiating table.We saw this in Paris in 2015.And we continue to see this drive for us to go further today as well.For me what is really important is that you are working on the ground. You are building that resilience you are helping us reduce emissions.You are creating the changes we need.Whether that is indigenous leaders applying their knowledge to protect our biodiversity and ecosystems.Or indeed, International Trade Union Confederation’s campaign to climate-proof work and jobs.Or the advocacy we have seen from YOUNGO members around the world.Your role within the official UNFCCC process is equally important. It really matters, and it really matters to me on a personal level.And I want to thank the nine UNFCCC constituency groups for the leadership they have shown.As you know, we are committed to a comprehensive agreement in Glasgow.One that covers each of the key issues.And, really importantly, any agreement has to be informed by the voices that have too often been marginalised. I make this point again and again in public and private.By representing those voices. And by contributing your expertise and support. You strengthen our work.Whether that’s the Women’s Environment and Development Organisation. Supporting equal participation in UN climate negotiations. Through the Women Delegates Fund.Or indeed, the expertise of the Women and Gender Constituency. Which, at COP25, informed the renewed Gender Action Plan, placing gender equality at the heart of climate action.This is again a really important thing we need to keep pressing on.The UK has committed to implementing the Plan. And I urge all Parties to do the same.I am very much committed to working with observers to make COP26 a success.I’ve had quite a few engagements over the past few months and will absolutely be ramping up the engagement in the year coming up to COP26.That is why I spoke at the Local Governments for Sustainability’s event in October. And it was about encouraging climate ambition among city leaders.And supported Indigenous People’s Day in August. To emphasise how important Indigenous People’s knowledge and experiences are in tackling the climate crisis that we all face.I know our Italian partners are working closely with YOUNGO too. Preparing for Youth COP, and hosting the Youth4Climate series. And I was very pleased to join one other their webinars recently.It’s also really good to see the Research and Independent NGOs working closely with our COP26 universities network. Ensuring the academic sector, which is so important, and universities play a role in delivering a successful COP.And of course, universities are part of the Race to Zero campaign as well.So I am really looking forward to hearing from you in today’s discussion on the vital issue of the green recovery.Urging countries to build back better in response to the coronavirus pandemic is absolutely central to the UK’s COP26 presidency.But we really have to do this in a way that involves the whole of society. We have to excite everyone across the world and ensure that COP26 really has meaning for them.Just as our work to reduce emissions and build resilience, we must take all interests into account.That means bringing in the voices of civil society, young people, Indigenous Peoples, businesses and others in government decision-making.And here, non-state actors can help.So I urge all parties to look at how you can work more closely with observer groups and non-state actors. To increase ambition in your countries in a way that is fair to all.And I am keen to hear examples of successful initiatives from both Parties and Observers today.By listening to each other, learning from each other, and working together, we can boost ambition, take action, and strengthen this process. All of this will help pave the way for a successful COP26.Thank you so much for being with us today. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:clean energy, climate change, coronavirus, environment, gender equality, Government, Indigenous, International trade, Italy, Local Government, Paris, presidency, sustainability, trade union, UK, UK Governmentlast_img read more

Chancellor’s tour emphasizes CU’s Western Slope impacts, upcoming football season

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: May 20, 2019 “This shields families from unexpected tuition increases,” DiStefano said, “so they can plan and budget for college.”New head football coach Mel Tucker and Athletic Director Rick George were also along for the tour to discuss the upcoming football season and the ways in which the Athletic Department has improved health and wellness for student-athletes.Tucker, who just logged his first visit to the Western Slope, said he is ready to return the CU Buffs to national prominence.“I look at it like this: Why not CU?” Tucker said during an interview with the Vail Daily. “Why not us? When I hire people, or the best people I worked for, they don’t say, like, ‘We don’t or we can’t or we haven’t.’ They’re always trying to figure out how we can. A can-do attitude. What do we have to do to get it done? Let’s figure it out. That’s my attitude.”In Grand Junction, DiStefano told the event’s audience and the town’s Sentinel newspaper editorial board about the unique partnership that CU has with Colorado Mesa University. Since 2008, CMU students have been able to earn a Bachelor of Science engineering degree from CU Boulder by taking classes delivered at the Grand Junction campus. Soon, students will be able to work toward degrees in the new Electrical and Computer Engineering program in addition to the two existing options, mechanical and civil engineering.And just prior to DiStefano’s May 17 visit to Durango, he penned a letter in the Durango Herald explaining our local impact—from researchers studying environmental impacts from the recent 416 Fire to providing fossil kits for local schools.The second leg of the chancellor’s summer tour will take place June 18–19 in Pueblo, Colorado Springs and Longmont. Categories:Deadlines & AnnouncementsCampus Community The chancellor’s summer tour visited four cities along the Western Slope to explain how CU Boulder is a part of their communities—and we’re a part of theirs, too.The tour began on May 16 in Vail, where Chancellor Phil DiStefano greeted an audience of a few dozen alumni and prospective students and talked about the ways CU benefits Eagle County. For example, students in CU’s Masters of the Environment graduate program teamed up with Vail Resorts to help it reach its commitment to send no waste to the landfill by 2030.At all the Colorado visits, which also included Carbondale, Grand Junction and Durango, DiStefano talked about ways the campus is making education more affordable. This fall, thanks to additional state funding, there won’t be a tuition increase for new freshmen. This welcome news comes in addition to the university’s tuition guarantee program, where tuition for incoming freshmen remains the same for their first four years on campus.  center_img Chancellor Phil DiStefano, head football coach Mel Tucker and Athletic Director Rick George in Carbondale, Coloradolast_img read more

Afternoon Brief, April 7

first_img TAGSAustraliaDodgersFetzerKEDGENapaSLOSonomaTerlatoTreasury Wine Pinterest Twitter Trending Story:Sale of Napa’s Prisoner Signals Change in Wine MarketsBeverage giant Constellation Brands has announced that it will purchase Napa Valley’s Prisoner Wine Co. for approximately $285 million…Today’s News:Wine Yeast Genomes Lack DiversitySequencing the genomes of hundreds of strains of the wine yeast S. cerevisiae has revealed little genetic diversity and high levels of inbreeding…Chef Francis Mallmann Brings Latin Flair and Live Fire Cooking Style to Auction Napa Valley 2016The Napa Valley Vintners has announced Francis Mallmann as the guest chef for this years Auction Napa Valley, to be held June 2-5, 2016 in Americas iconic wine region…Ste. Michelle’s Baseler Envisions 200,000 Acres of Washington VineyardsWashington’s wine industry is perfectly poised to not only continue to gain prominence in the world of wine, but also enjoy incredible growth…Sonoma Wine Country Weekend Presents Over Three Million Dollars to Charities from 2015 EventWine Critic Jon Bonné Says the World Has Taken Note of Virginia wineSanta Lucia Highlands to Celebrate with Annual Gala on May 14Senators Crapo and Cantwell Say Agency’s Delay on Lewis-Clark AVA Designation Could Cause ‘Major Setback’Arizona Marijuana Legalization Campaign Says Bill Montgomery Took Booze CashOklahoma House Panel Passes Beer, Wine BillKEDGE Business School and La Cité du Vin Form a Broad New Partnership Built Around the “Visitor Experience”Terlato Betting Big on Rosé with Launch of Six New LabelsO-I to Pursue Arbitration Award Against Venezuela Thanks to World Bank RulingFrench Wine ‘Must Avoid’ Haute-Couture ImageTreasury Wine Takes Edge Off Arrium’s WoesWine Jobs:Harvest Laboratory InternshipFar Niente Winery – Oakville, CA, United StatesProduction SupervisorWinesecrets – Sebastopol, CA, United StatesViticulture/Lab Technician InternFerrari-Carano Vineyards and Winery – Healdsburg, CA, United StatesMore Wine Industry Jobs…Feature Your Job Listing in the Afternoon BriefVineyard & Winery:Fetzer Vineyards Announces Installation of Regenerative BioFiltro BIDA Water Filtration System, Using Worms & Microbes to Treat Winery WastewaterThree Sonoma Wineries Team Up on Wine AdventureMilbrandt Vineyards Uncorks Value-Added Lifestyle Content Through DrinkSpaceSte. Michelle Debuts Intrinsic, an “Extreme Extended Maceration” WineCampbell Family Launches Pike Road Wines From Oregon’s Willamette ValleyRoserock Blooms; Drouhin Family’s New Brand a Rosy StoryAlcance Launches Their Variety-Focused Chilean Wines for International DistributionLagunitas Brewing to Install Large Solar Array in PetalumaWine Gets a Fresh Young UpgradeMarin Open Studios Celebrated at Madrigal Tasting Salon and Gallery in Sausalito Winery Continues Bay Area California Artist SeriesChampagne de Sousa Acquires Latest Ovum CaskNew Dodgers Wine Made by Central Coast WineryAustralia’s Innocent Bystander Wines SoldSLO Brew’s New Executive Chef to Spearhead New Gastropub Concept10th Vintage Dobbes Family Estate Quailhurst Vineyard Pinot Noir Released Advertisement Previous articleSonoma Wine Country Weekend Presents Over Three Million Dollars to Charities from 2015 EventNext articleBrett Zimmerman, Master Sommelier, Named Chief Wine Officer at Integrated Beverage Group Editor ReddIt Home Afternoon Brief Afternoon Brief, April 7Afternoon Brief Afternoon Brief, April 7By Editor – April 7, 2016 38 0 center_img Subscribe to the Afternoon Brief Share Email Linkedin Facebook Subscribe to the Afternoon BriefAdvertisement last_img read more

Govt confers Padma Awards to 13 doctors for their contribution to health

first_img Phoenix Business Consulting invests in telehealth platform Healpha Read Article Comments (0) Related Posts The missing informal workers in India’s vaccine story Dr Arunoday MondalDr Bangalore GangadharDr Digambar BeheraDr Kushal Konwar SharmaDr Leela JoshiDr Padmavathy BandopadhyayDr Ravi Kannan RDr Sandra Desa SouzaDr Shanti RoyDr Sushovan BanerjeeDr Tsering LandolDr Yogi AeronPadma AwardsPadma BhushanPadma ShriPadma Vibhushan Govt confers Padma Awards to 13 doctors for their contribution to health By EH News Bureau on February 6, 2020 Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app One doctor has been conferred Padma Bhushan, while 12 have been honoured with Padma ShriThe government recently conferred Padma Awards to 13 doctors for their contributions to the health of the nation through their remarkable service. Padma Awards — one of the highest civilian Awards of the country, are conferred in three categories, namely Padma Vibhushan, Padma Bhushan and Padma Shri. This year, while no doctor has made to the list of Padma Vibhushan, one doctor has been conferred Padma Bhushan, while 12 have been honoured with Padma Shri.One of the pioneers of women’s health in Ladakh region was 75-year-old Dr Tsering Landol, one of the first gynaecologists in the cold hilly desert area, providing medical care to women in the difficult terrain through her a clinic the Ladakh Heart Foundation, a charitable medical facility.Dr Yogi Aeron from Dehradun, Uttarakhand, the octogenarian plastic surgeon is known not just for his skill but providing free treatment to burn patients who cannot afford the same. The 82-year-old doctor has conducted more than 5000 free surgeries.Dr Padmavathy Bandopadhyay from Uttar Pradesh is the first woman in the history of Indian Air Force to be promoted to the rank of Air Marshal. A graduate of Armed Force Medical college in Pune, she had the distinction of being the first woman officer to become an aviation medicine specialist.Dr Sushovan Banerjee from West Bengal, an MBBS graduate of RG Kar Medical College and PG Pathology from Calcutta University, was working in London after pursuing his diploma in Haematology. The doctor relocated to his village in Bolpur, West Bengal and has been treating his patients for a consultation fee of Rs 1 since then.Dr Digambar Behera from Chandigarh is the former Head of the Department of Pulmonary Medicine, PGIMER. Dr Behera is known for his contributions to the field of chest medicine and TB medicine in India.Dr Bangalore Gangadhar from Karnataka, the director of the National Institute of Mental Health and Neurosciences, is a well-known psychiatrist having more than 30 years of extensive experience in the field of mental health, from both clinical and academic perspectives.Gynaecologist Dr Leela Joshi has dedicated her life being engaged in tribal-dominated areas providing free treatment to women with anaemia, pregnancies and other issues.A prominent practising surgical oncologist in Chennai, Dr Ravi Kannan R moved to the Barak Valley Assam in June 2007, coming in aid to the ailing Cachar Cancer Hospital Society that was struggling with resources and serving the patients and an area where the incidence of cancer is much higher.Serving in the remote forest areas of Sunderbans, Dr Arunoday Mondal set up a free medical service centre, in 2000, and since then has been providing free treatment to the locals in the remote area.A gynaecologist from Patna, Dr Shanti Roy is a retired Professor and HOD, Gynaecology Department, Patna Medical College. Specialising the field of women’s health, Dr Shanti has dedicated her life to not just promoting women’s well-being but also matters of encouragement of women in other domains of life.Dr Kushal Konwar Sharma also known as the Elephant Doctor a veterinarian in Guwahati, has devoted his life to the conservation of Asian elephants. He is acclaimed for treating more than 700 elephants every year.Dr Sandra Desa Souza, a noted ENT surgeon practising in Mumbai, was one of the first ENT surgeons in the country to perform artificial ear operations, is credited to have given the gift of hearing to thousands of patients.Dr Gurdip Singh from Gujarat was also a recipient of Padma Shri. Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” Menopause to become the next game-changer in global femtech solutions industry by 2025 News WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Share Add Commentlast_img read more

NSN CEO, Nokia CFO in running for top job – report

first_img Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including… Read more NSNPeople Tags Related Author CEO Spotlight: Kaan Terzioglu, Turkcell Richard Handford Previous ArticleSprint bid for T-Mobile US gathers momentum – reportNext ArticleEE flotation put on hold Xiaomi hires Qualcomm’s China president Telecom Egypt appoints new CEO; raises questions over mobile strategy Home NSN CEO, Nokia CFO in running for top job – report Rajeev Suri, CEO of NSN, and Timo Ihamuotila, Nokia’s CFO, are among those vying to head the Finnish company, according to Bloomberg.The focus is on internal candidates as Nokia’s next CEO although outsiders have also been considered.The announcement of the successor to Stephen Elop is more likely after the sale of Nokia’s handset business to Microsoft has been completed, which is expected in the first quarter of 2014.Mobile World Live approached Nokia but the company declined to comment on the state of its CEO search.Choice of CEO is tied to the structure of the new Nokia. One model is to position NSN as central to the company’s strategy. Alternatively, Nokia could act as a holding company with NSN, maps and advanced technologies units reporting on an equal basis to the new head.The choice of CEO will signal choice of strategy, according to Richard Windsor, analyst with Radio Free Mobile.“If Rajeev gets it, it’s a signal that Nokia becomes NSN,” said Windsor. “If Timo gets it, it’s a sign Nokia becomes a holding company.”There would be an irony if Suri bags the top job at Nokia, given almost exactly two years ago NSN was forced to deny it was looking for a replacement. The company was struggling to engineer a turnaround. AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 17 JAN 2014 last_img read more

Microsoft previews Windows 10, reveals new devices

first_imgHomeDevicesNews Microsoft previews Windows 10, reveals new devices Pebble steps-up product rollout to ditch ‘accessory’ status Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more Related Tags Microsoft announced two new smartphone devices in the “affordable” category, the Lumia 640 and the slightly bigger 640 XL, at its press conference today, as well as previewing Windows 10.The company promised Windows 10 will be launched later this year “with a steady drum beat of further reveals” around it, along with new devices in the “flagship tier”.Microsoft said it has increased the size of its unified platform to attract developers and launched a mobile Office suite in partnership with AT&T for small businesses.The Lumia 640 comes with a 5 inch HD display, single and double SIM capabilities in both 3G (€139) and 4G LTE (€159) versions and an 8 megapixel camera.The 640 XL has a screen that is 0.7 inches bigger, a battery that lasts longer and a 13 megapixel camera. It costs €189 for 3G and €219 for LTE.“You can buy three of these phones for the price of one competitive flagship device with parallel business features,” said Stephen Elop, executive vice president of the Microsoft Devices Group, explaining why the phones have superior value, especially to business users.The phones come in cyan, orange, black and white among other colours and currently feature Windows 8.1 but will be upgradeable to Windows 10 once the latter is launched.Microsoft has thrown in some freebies to attract customers: the new smartphones come with an incentive of free Office 365 subscription for a year, an Office license for an addition device, plus one terabyte of OneDrive storage.Elop said the company is shifting its focus to “obsess” about not the “mobility of devices” but the “mobility of experience”.Windows 10 will integrate a rich communication suite with Skype through its universal apps platform, which the company said is a “big focus area.” AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 02 MAR 2015 MWC 2015 Newscenter_img Author Huawei’s Honor aims high with latest smartphones BlackBerry unveils Leap smartphone; continues shift to software Devices Previous ArticleJolla guns for third mobile OS spotNext ArticleEricsson adds ‘industrial strength’ to cloud with Intel partnership Saleha Riaz last_img read more

LG offers snapshot of top-tier smartphone tech

first_img LG abandona el negocio de telefonía móvil AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 19 FEB 2019 Home LG offers snapshot of top-tier smartphone tech Previous ArticleMexico eyes mobile payment revolutionNext ArticleHuawei chief plays down US threat Author Steve Costello Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist…More Read more Tags center_img Related KT makes LG Electronics trade-in move ¿Cómo ha llegado LG al extremo de abandonar los móviles? Español Ahead of MWC19 Barcelona, LG Electronics began talking up the technology in its G8 ThinQ smartphone, including advanced imaging and audio capabilities.Working with Infineon Technologies, LG installed a front-facing 3D Time of Flight (ToF) camera, a feature which has so far been used in some devices’ rear-facing cameras. It provides more accurate measurements of distance from the camera lens than the “complex algorithms” used by other 3D technologies and is said to work more efficiently in ambient light, reducing the workload on the processor and so reducing power consumption.The company also highlighted fast response speeds for use in biometric authentication methods such as facial recognition. Because it is not affected by light from external sources, it also offers an “excellent recognition rate, both indoors and out”, making it ideal for augmented- and virtual-reality applications.Chang Ma, head of product strategy at LG Mobile, said the technology “gives users a unique and secure verification system without sacrificing camera capabilities”.On the audio front, G8 ThinQ will include a technology called Crystal Sound OLED (CSO), which uses the phone’s screen as an amplifier.The company said that with “more and more consumers using smartphones as their primary devices for watching movies, playing games and consuming music”, the demand for high-quality audio is higher than ever.Developed in-house, CSO uses the display as a diaphragm, vibrating the surface to produce sound with “impressive volume”. Because it uses the entire display, this improves clarity, making voices easier to understand and subtle music more noticeable.In speakerphone mode, audio is delivered through the bottom speaker with “impressive bass”, while the stereo effect is achieved using the top part of the display.The arrangement is also said to give the device a “clean, minimalist look”. Subscribe to our daily newsletter Back InfineonLGlast_img read more