Boom expected in mobile app industry

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SINGAPORE: The rising use of mobile applications has been a boon for the industry.

The mobile appplication industry recorded a 68 per cent rise in global sales last year, from US$8.5 billion to US$14.3 billion.

With the growing shipment of tablets and smartphones, experts say sales growth may increase by almost four times by 2017.

Cooliris, a photo sharing and browsing application, has become the top-ranked iPad app in 75 countries.

The application has been installed two million times and there have been 300 million photo views in the past five months.

It has also distinguished itself from over 700,000 applications available in app stores across the iPhone and Android operating system.

For the company that develops Cooliris, the installations have translated to growing revenue, and it expects this growth to continue into 2013.

Meanwhile, its downloads increased by 30 times since it launched a localised version of the app in China through an integration with China's social networking platform Renren last month.

With Asia constituting 30 per cent of Cooliris' downloads, the app developer has plans to grow its presence in markets like China and Japan.

"We do see a better trend in Asia compared to Europe, in terms of engagement and consumers using the application. The affinity for consumers in Asia towards photos has always been higher and we see that translated in the engagements with the app," said Soujanya Bhumkar, CEO of Cooliris.

"The consumers are much more open when it comes to trying new things and in terms of partnership, companies understand the velocity and momentum of a Silicon Valley based startup."

Experts say Asia is fast becoming an important market for mobile application developers.

"China makes up 50 per cent of all installed base of users in Asia when we look at the smartphone market. It's really Asia where the high growth of devices and the access to app stores and apps is coming from. Also currently, Asia is where people do have money to spend," said Rachel Lashford, managing director at Canalys.

The number of smartphone users in China is growing to over 300 million.

This growth momentum has prompted more industry players to focus on Asia to expand.

Jake Saunders from ABI Research said: "We see the Asia Pacific market being the fastest growing and this is just simply due to adoption rates of people adopting and upgrading their smartphones, growth in population so for total application downloads, we're looking at from 9 billion to 70 billion downloads in 2017."

Looking ahead, experts say start-up developers will find it harder to survive in the industry.

They will have to look for more creative ways to monetise their products and beat the growing competition from free downloads.

- CNA/xq



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Water rationing in Bangalore, Mysore not ruled out

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BANGALORE: The state government is likely to go in for rationing of water in Bangalore and Mysore cities till the end of summer to meet the demand.

The storage level has drastically reduced in KRS following release of water to Tamil Nadu. While the maximum capacity of the dam is 124.80 feet, storage has reduced to 80 feet. With summer expected to be severe this year, water level is further expected to dip in the reservoir. The present water storage -- including live and dead storage -- in KRS and Kabini reservoirs is expected to last only till April end, water resources minister Basavaraj Bommai told reporters here on Monday.

Modalities of rationing the water are yet to be worked out. Allaying fears of a severe water scarcity, Bommai said: "There is sufficient water to meet drinking requirement for coming summer. There is no need to panic. A meeting of dam engineers of KRS has been convened on Tuesday in this regard. Bangalore Water Supply and Sewerage Board (BWSSB) officials will also attend the meeting.''

Farmers in Cauvery basin have been told to adopt crop pattern that is less water intensive. "In the meeting, an idea may be evolved on rationing system besides looking at the possibility of exploiting ground water," Bommai said.

On desilting the dams, the minister said the department has planned to remove only the annual accumulation of silt. "A report is being prepared by the experts in this regard. Once it is ready we will approach the Centre for financial assistance," Bommai said.

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Best Pictures: 2012 Nat Geo Photo Contest Winners

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Hagel Nomination Stirs Bipartisan Opposition

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Two weeks before his inauguration, and with more "fiscal cliffs" on the horizon, President Obama is embracing a showdown with Congress over his pick to lead the Pentagon in his second term.


Obama will nominate former Republican Sen. Chuck Hagel to be the next Secretary of Defense at a formal White House announcement later today, administration officials said.


The president will name counterterrorism advisor John Brennan as the new CIA director to replace David Petraeus, rounding out an overhaul of his national security team.


Obama tapped Sen. John Kerry of Massachusetts last month to become the next Secretary of State.


Hagel is in many ways an ideal pick for Obama, giving nod to bipartisanship while appointing someone with a demonstrated commitment to veterans of Iraq and Afghanistan and to retooling and economizing the Pentagon bureaucracy for the future.


But the nomination of Hagel to replace outgoing Defense Secretary Leon Panetta is also politically charged, expected to trigger a brutal confirmation fight in the Senate, where a bipartisan group of critics has already lined up against the pick.


"This is an in your face nomination by the president to all of us who are supportive of Israel," Sen. Lindsey Graham, R-S.C., told CNN on Sunday. "I don't know what his management experience is regarding the Pentagon -- little, if any, so I think it's an incredibly controversial choice."








Obama's Defense Nominee Chuck Hagel Stirs Washington Lawmakers Watch Video









The criticism stems from Hagel's controversial past statements on foreign policy, including a 2008 reference to Israel's U.S. supporters as "the Jewish lobby" and public encouragement of negotiations between the United States, Israel and Hamas, a Palestinian group the State Department classifies as terrorists.


"Hagel has consistently been against economic sanctions to try to change the behavior of the Islamist regime, the radical regime in Tehran, which is the only way to do it, short of war," Sen. Joe Lieberman, I-Conn., said last month.


The Nebraska Republican has also drawn fire for his outspoken opposition to the 2003 U.S.-led war in Iraq and the subsequent troop "surge" ordered by then-President George W. Bush in 2007, which has been credited with helping bring the war to a close.


On the left, gay rights groups have protested Hagel for comments he made in 1998 disparaging then-President Bill Clinton's nominee for U.S. Ambassador to Luxembourg James Hormel as "openly, aggressively gay." Hagel has since apologized for the remark as "insensitive."


Top Senate Democrats tell ABC News there is no guarantee Hagel will win confirmation and that, as of right now, there are enough Democratic Senators with serious concerns about Hagel to put him below 50 votes.


But that could change, with many top lawmakers publicly vowing to withhold final judgment until Hagel has an opportunity to answer his critics during confirmation hearings. No senator has yet publicly vowed to filibuster the Hagel nomination.


Hagel is a decorated Vietnam veteran and businessman who served in the senate from 1997 to 2009. After having sat on that chamber's Foreign Relations and Intelligence committees, he has in recent years gathered praise from current and former diplomats for his work on Obama's Intelligence Advisory Board as well as the policy board of current Defense Secretary Leon Panetta.


"Chuck Hagel is a tremendous patriot and statesman, served incredibly in Vietnam, served this country as a United States senator. He hasn't had a chance to speak for himself. And so why all the prejudging?" said Sen. Heidi Heitkamp, D-N.D., on "This Week."


"In America, you give everybody a chance to speak for themselves and then we'll decide," she said.


The top Senate Republican echoed that sentiment. "I'm going to wait and see how the hearings go and see whether Chuck's views square with the job he would be nominated to do," Senate Minority Leader Mitch McConnell of Kentucky said.






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SJI International attains stellar grades in IB programme

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SINGAPORE: St Joseph's Institution (SJI) International has reported its best results for the International Baccalaureate (IB) Diploma Programme.

The school said 99 per cent from the class of 2012 passed the exam, attaining an average score of 36.2 points out of the maximum 45.

It added one in four students achieved 40 points.

The top student is Monica Layarda, who had a perfect score.

The first batch of of 58 IB students at SJI International completed the diploma in 2009.

In 2012, it had 137 students.

Principal Bradley Roberts said the students' outstanding results are due to the dedication of staff and the hard work of students.

"This particular batch of students included those who joined the school when it first opened its doors in January 2007. During this time, our average PSLE entry score has remained around 225. With this in mind, our results are truly extraordinary," Mr Roberts said.

- CNA/xq



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Indira Gandhi's assassins honoured by Akal Takht

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AMRITSAR: The two killers of former Prime Minister Indira Gandhi were honoured by Akal Takht on Sunday, the highest temporal seat of Sikh religion, on their 24th death anniversary amid presence of a local Akali leader.

Satwant Singh and Kehar Singh were hanged on January 6, 1989 after a trial for killing Gandhi in 1984.

Jathedar Gaini Gurbachan Singh presented a 'siropa' (robe of honour) to Tirlok Singh, father of Satwant Singh at a function organized by SGPC.

The 'Jathedar' also accorded them the status of 'martyrs of faith'.

SAD Amritsar president and former MP Simranjit Singh Mann and Dal Khalsa (a Sikh radical outfit) leader Kanwar Pal Singh were present at the occasion.

However, SGPC president Avtar Singh Makkar was not present in the ceremony, in which no speech was delivered but Ardas (prayer) was offered in their memory.

Dal Khalsa leader Kanwar Pal Singh told reporters, "On this day, we pay rich tributes to them as they sacrificed their lives to avenge the sacrilege of Darbar Sahib and Akal Takht."

He said,"Sikhs feel proud of them and have full respect for their martyrdom."

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Best Pictures: 2012 Nat Geo Photo Contest Winners

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Defiant Assad Vows to Hold Firm in Syria

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President Bashar Assad called on Syrians to defend their country against religious extremists seeking to destroy the nation, dismissing any prospect of dialogue with the "murderous criminals" he says are behind the uprising even as he outlined his vision for a peaceful settlement to the civil war.



In a one-hour speech to the nation in which he appeared confident and relaxed, Assad struck a defiant tone, ignoring international demands for him to step down and saying he is ready to hold a dialogue but only with those "who have not betrayed Syria."



He offered a national reconciliation conference, elections and a new constitution but demanded regional and Western countries stop funding and arming rebels trying to overthrow him first.



Syria's opposition swiftly rejected the proposal. Those fighting to topple the regime, including rebels on the ground, have repeatedly said they will accept nothing less than the president's departure, dismissing any kind of settlement that leaves him in the picture.



"It is an excellent initiative that is only missing one crucial thing: His resignation," said Kamal Labwani, a veteran secular dissident and member of the opposition's Syrian National Coalition umbrella group.



"All what he is proposing will happen automatically, but only after he steps down," Lawani told The Associated Press by telephone from Sweden.






Remy de la Mauviniere/AP Photo








On top of that, Assad's new initiative is reminiscent of symbolic changes and concessions that his government made earlier in the uprising, which were rejected at the time as too little too late.



Speaking at the Opera House in central Damascus, Assad told the hall packed with supporters — who frequently broke out in cheers and applause — that "we are in a state of war."



"We are fighting an external aggression that is more dangerous than any others, because they use us to kill each other," he said. "It is a war between the nation and its enemies, between the people and the murderous criminals."



Assad has rarely spoken since the uprising against his rule began in March 2011, and Sunday's speech was his first since June. His last public comments came in an interview in November to Russian TV in which he vowed to die in Syria.



On Sunday, he seemed equally confident in his troops' ability to crush the rebels fighting his rule, even as they edge in closer than ever to his seat of power, Damascus.



British Foreign Secretary William Hague said Assad's speech was "beyond hypocritical." In a message posted on his official Twitter feed, Hague said "empty promises of reform fool no one."



EU foreign policy chief Catherine Ashton's office said in a statement that the bloc will "look carefully if there is anything new in the speech but we maintain our position that Assad has to step aside and allow for a political transition."



Wearing a suit and tie, Assad spoke before a collage of pictures of what appeared to be Syrians who have been killed since March 2011. At the end of his speech and as he was leaving the hall, he was mobbed by a group of loyalists shouting: "With our blood and souls we redeem you, Bashar!"



The president waved and blew kisses to the crowd on his way out.



Assad acknowledged the enormous impact of the conflict, which the United Nations recently estimated had killed more than 60,000 people.





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Al Gore stands to gain about $70 million after selling Current TV to al-Jazeera

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Al Gore, who shared the 2007 Nobel Peace Prize for his fight against global warming, may gross about $70 million from the sale of his Current TV network to al-Jazeera, the cable channel funded in part by oil-rich Qatar.


Al-Jazeera will pay about $500 million for Current TV, including the stake held by Gore, 64, according to two people with knowledge of the deal. The network is one of dozens of investments made by the former vice president since he lost the 2000 presidential race by a slim margin.


“It’s reeking with irony,” said Jeffrey Sonnenfeld, senior associate dean at the Yale School of Management, who studies corporate governance. “It seems to be at least a paradox in terms of his positions on sustainability and geopolitics.”

The deal highlights Gore’s makeover from career politician to successful businessman. His take from the Current TV sale is many times the maximum net worth of $1.7 million he reported while running for president in 1999. Besides investing in start-ups, Gore is on the board of Apple, an adviser to Google and a partner at Kleiner Perkins Caufield & Byers, according to his Web site biography.

“The green of money knows no political boundaries,” said Charles Elson, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware. “When you are running investments, your priority needs to be maximizing return.”

Gore’s holdings also include investments in Amazon.com, eBay and Procter & Gamble through his Generation Investment Management.

Gore holds a 20 percent stake in Current TV, according to those with knowledge of the deal, who spoke on the condition of anonymity because the sale terms are not public. His proceeds are difficult to pin down because the company had $41.4 million in debt, as well as preferred stock entitled to $99.5 million in the event of a sale or liquidation, according to a 2008 regulatory filing.

The Current TV price represents a sevenfold increase from the $71 million that Gore and his partners paid for the predecessor company in 2004, according to the filing. Gore, chairman, and Joel Hyatt, a co-founder and chief executive officer, announced the sale on Wednesday, without providing financial terms.

Kalee Kreider, a spokeswoman for Gore, didn’t respond to a phone call or e-mail request for comment.

The network’s investors included funds controlled by Los Angeles billionaire Ron Burkle and San Francisco money manager Richard Blum, according to the 2008 filing, when the company unsuccessfully sought to sell stock to the public. Blum is married to Sen. Dianne Feinstein (D-Calif.).

The Raine Group advised Current TV on the sale. The owners introduced Current TV in 2005 after purchasing the network from Vivendi.

Al-Jazeera is closely held and receives some funding from the government of Qatar, a small country on the eastern side of the Arabian Peninsula that gets almost half of its gross domestic product from oil and gas, data compiled by Bloomberg show.

“Under Qatari law, Al Jazeera Media Network is incorporated as a private, non-profit company,” Charlotte Fouch, a spokeswoman, said in an e-mail. “Al Jazeera receives funding from the State of Qatar, much like other publicly funded broadcast networks.”

Last February, Gore said investors in oil and gas companies that ignore the cost of carbon dioxide emissions and other greenhouse gases are making a mistake similar to those who invested in subprime mortgages.

Most of Gore’s investments are made through Generation Investment Management, which he co-founded with former Goldman Sachs Group executive David Blood. The most recent regulatory filing lists about $3.6 billion under management in 29 publicly traded companies.

In addition, Generation Investment Management also has stakes in private ventures such as Nest Labs, a company formed by Apple alumni to create a thermostat that adapts to user behavior and saves money. The fund also backed Elon Musk’s SolarCity, a developer of rooftop solar power systems that went public last month.

In April, Gore’s fund was part of $110 million in venture capital invested in Harvest Power, a closely held company that produces renewable energy from waste such as food scraps.

He is also the author of the climate-change-focused best-sellers “Earth in the Balance,” “An Inconvenient Truth,” “The Assault on Reason” and “Our Choice: A Plan to Solve the Climate Crisis.” Gore was the co-recipient, with the Intergovernmental Panel on Climate Change, of the 2007 Nobel Peace Prize for “informing the world of the dangers posed by climate change,” according to his official biography.

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A*STAR develops instant speech-to-speech translator

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SINGAPORE: Singaporeans can now speak to its neighbours in Asia without having to worry about language barriers, thanks to a new instant translator, developed by the Agency for Science, Technology and Research (A*STAR).

The software detects users' speech on a handphone and translates it to the desired language.

The new speech-to-speech translator project is a collaboration of eight countries in Asia.

Singapore's A*STAR came on board some four years ago.

Currently in its final stages of development, it plans to translate 10 languages, including Japanese, Mandarin, Malay, Korean, Bahasa Indonesia, Hindi, Thai, Vietnamese and English.

Dr Li Haizhou, head of human language technology at A*STAR said: "Due to globalization, people travel a lot but language remains a barrier between people. And with technology, we think that we can help people to communicate in a better way."

- CNA/xq




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