[By NBC-1TV H. J Yook]BAI and Infosys are now accepting nominations for their global awards program, the 2013 BAI - Finacle Global Banking Innovation Awards. Since the inaugural year of the awards in 2011, more than 175 organizations from 35 countries have submitted nominations. The awards program recognizes breakthrough innovation that positively impacts profitability, bank efficiency and customer experience for best-in-class financial institutions. Nominations for the awards can be submitted by retail banks, solutions providers, industry analysts and media agencies, but only financial instit
[By NBC-1TV H. J Yook]The food and beverage sector has been at the forefront of traders‘ minds this week, with the world’s largest soft drinks maker Coca-Cola announcing results on Tuesday, 12 February, and peer PepsiCo reporting later today. Coca-Cola shares fell following its results announcement, with the company missing analyst expectations for fourth quarter revenues. Revenues grew 4% to $11.46 billion, missing consensus forecasts for a sharper rise to $11.53 billion. Despite the miss, Coca-Cola remains confident that it will meet its full-year global volume growth targets of between 3% a
[By NBC-1TV H. J Yook]Micron Technology, Inc. (Nasdaq:MU) today introduced the industry's smallest 128-gigabit (Gb) NAND flash memory device utilizing its award-winning 20-nanometer (nm) process technology. The new 128Gb device stores three bits of information per cell, called triple-level-cell (TLC), creating a highly compact storage solution. Measuring 146mm2, the new 128Gb TLC device is more than 25 percent smaller than the same capacity of Micron's 20nm multi-level-cell (MLC) NAND device. The 128Gb TLC device is targeted at the cost-competitive removable storage market (flash cards and USB
[By NBC-1TV H. J Yook]The Open Mobile Alliance (OMA) will showcase unique demonstrations from Huawei and Telecom Italia, amongst others, in a four-hour session at Mobile World Congress in Barcelona. Recently announced, the event will take place on 27 February in the Theater District, Hall 8.0, Theater C of the Fira Gran Via. With presentations and demonstrations from some of the industry's leading vendors and operators, attendees are sure to gain an exclusive preview into up and coming technologies, across the entire wireless value chain, some of which are not yet commercially available. Augme
[By NBC-1TV H. J Yook]Dearest taekwondo family members, WTF I am delighted and extremely proud to announce to you that the International Olympic Committee Executive Board (IOC EB) has decided that taekwondo will remain as a core sport of the 2020 Olympic Programme. The announcement was made today at a press conference held by the IOC EB in Lausanne, Switzerland, at 12:00 p.m. local time. This recommendation for the Olympic Programme will be brought before the IOC Session in Buenos Aires, Argentina, in September 2013. While process is not complete, the global taekwondo family should be proud of
[By NBC-1TV H. J Yook]Limelight Networks (Nasdaq:LLNW), a leader in Digital Presence Management, today announced that it has appointed George Vonderhaar to the position of chief sales officer. In the newly created role, he will report directly to Robert Lento, president and chief executive officer, and will be responsible for directing worldwide sales activities for the company. “The importance of delivering an effective digital presence is becoming clear,” says Vonderhaar. “Marketers are looking for better ways to tell their stories, to bring them to life in rich media, and to deliver them to
[By NBC-1TV H. J Yook]Risk Explorer™, the Dynamic Financial Analysis model from Ultimate Risk Solutions, LLC (URS) has for the first time reduced processing time for large capital models from hours to minutes by harnessing the power of cloud computing, Alex Bushel, Founder and CEO, announced.“Utilizing commercially available cloud computing, Risk Explorer™ will speed processing dramatically, improve efficiency and reduce cost for businesses that require large models,” Bushel said. In test runs, Bushel reported, cloud computing cut the time required to process 50,000 simulations of a very large
[By NBC-1TV H. J Yook]QuickLogic Corporation (NASDAQ: QUIK), the innovator in low-power Customer Specific Standard Products (CSSPs), today announced that its smart connectivity CSSP Solution has been selected by Kyocera Corporation, Inc. for the company's HoneyBee® 5 series of Personal HandyPhone (PHS) phones. The QuickLogic solution was chosen for its ability to support inter-processor communication between the application and PHS baseband processor, as well as the integration of additional discrete logic, resulting in a smaller overall footprint and lower power consumption. Kyocera was able
[By NBC-1TV H. J Yook]Citibank Korea Inc.(CEO Yung-Ku Ha, www.citibank.co.kr) announced to launch ‘Citicard Premium Services’ to offer travel, dining and wine-related services to all Citicard customers(Citi BC and corporate cards excl.) . In celebration of the new service launch, luxurious cruise packages to Southeast Asia are offered for overseas travelers at a 20% discounted price through April 1. Citibank also offers an exclusive Citicard package called ‘Unforgettable Citi Package’ at Hilton Namhae Golf and Spa Resort through end March. Citicard customers can enjoy complimentary breakfast a
[By NBC-1TV H. J Yook]BWise, a NASDAQ OMX company and global leader in Governance, Risk Management and Compliance (GRC) software, announced it hosted a successful Round Table on the ROI of Integrated GRC in partnership with Yip In Tsoi and Global Risk Advisory Services in Bangkok. At the Round Table twenty-five senior executives from industry-leading Thai financial enterprises were present to learn how BWise enables enterprises to track, measure and manage key organizational risks with its integrated approach to GRC. Mr. Marc Leipoldt, CEO of Global Risk Advisory Services was one of the presen