Renesas and Dialog Semiconductor to Join Forces to Advance Global Leadership in Embedded Solutions

first_img Twitter Renesas and Dialog Semiconductor to Join Forces to Advance Global Leadership in Embedded Solutions By Digital AIM Web Support – February 8, 2021 WhatsApp Twitter Dialog Semiconductors Mark Tyndall phone: +49 (0)172 7226409 email:[email protected] Investor Relations Contacts: Renesas Electronics Corporation Masayuki Nagayama +81 3-6773-3002 [email protected] Facebook Facebook FTI Consulting Matt Dixon Rob Mindell phone:+ 44 (0) 203 727 1000center_img Dialog Semiconductors Jose Cano phone: +44 (0) 1793 756 961 email:[email protected] KEYWORD: CALIFORNIA UNITED STATES UNITED KINGDOM JAPAN NORTH AMERICA ASIA PACIFIC EUROPE INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS SEMICONDUCTOR ENGINEERING AUTOMOTIVE MANUFACTURING MANUFACTURING INTERNET HARDWARE CONSUMER ELECTRONICS SOURCE: Renesas Electronics Corp. Copyright Business Wire 2021. PUB: 02/08/2021 04:47 AM/DISC: 02/08/2021 04:47 AM http://www.businesswire.com/news/home/20210208005315/en TOKYO & LONDON–(BUSINESS WIRE)–Feb 8, 2021– Renesas Electronics Corporation (“Renesas”, TSE: 6723), a supplier of advanced semiconductor solutions, and Dialog Semiconductor Plc (“Dialog”, XETRA:DLG ), a provider of power management, charging, AC/DC power conversion, Wi-Fi and Bluetooth® low energy (BLE) technology, today announced they have reached an agreement on the terms of a recommended all-cash acquisition by Renesas of the entire issued and to be issued share capital of Dialog (the “Acquisition”) for EUR 67.50 per share, representing a total equity value of approximately EUR 4.9 billion (approximately 615.7 billion yen). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210208005315/en/ Dialog is an innovative provider of highly-integrated and power-efficient mixed-signal ICs for a broad array of customers within IoT, consumer electronics and high-growth segments of automotive and industrial end-markets. Centered around its low-power and mixed-signal expertise, Dialog brings a wide range of product offerings including battery and power management, power conversion, configurable mixed-signal (CMIC), LED drivers, custom mixed-signal ICs (ASICs), and automotive power management ICs (PMICs), wireless charging technology, and more. Dialog also offers broad and differentiated BLE, WiFi and audio system-on-chips (SoCs) that deliver advanced connectivity for a wide range of applications; from smart home/building automation, wearables, to connected medical. All these systems complement and expand Renesas’ leadership portfolio in delivering comprehensive solutions to improve performance and efficiency in high-computing electronic systems. “The transaction we announced today represents our next important step in catapulting Renesas’ growth plan to achieve substantial strategic and financial benefits, following our previous acquisitions,” said Hidetoshi Shibata, President and CEO of Renesas. “Dialog has a strong culture of innovation along with excellent customer relationships and serves fast growing areas including IoT, industrial and automotive. By bringing Dialog’s talented team and expertise into Renesas, together, we will accelerate innovation for customers and create sustainable value for our shareholders.” “For several years, we have successfully executed on a diversification strategy that positions Dialog for high-growth,” said Dr. Jalal Bagherli, CEO of Dialog. “We have built a strong foundation of high-performance analog and power efficient mixed-signal expertise, extended our product portfolio and applied our technologies into markets including 5G, wearables, automotive, smart home, connected medical and industrial IoT. This compelling platform – combined with Renesas’ leading embedded compute, analog and power portfolio – creates even greater growth opportunities in today’s increasingly connected world. The Dialog team is excited to join forces with Renesas. The combined company will be in an even stronger position to provide innovative products for these markets, building on Renesas’ extensive sales, distribution and customer support capabilities.” Strategic and Financial Rationale The acquisition announced today demonstrates Renesas’ continued and unwavering commitment to further advance its solution offering. The complementary nature of the companies’ technological assets and the scale of the combined portfolios will enable Renesas to build more robust and comprehensive solutions to serve high-growth segments of the IoT, industrial and automotive markets. Renesas believes there is a compelling strategic and financial rationale for the Acquisition because it:Scales Renesas’ IoT sector capabilities with Dialog’s low-power technologies Dialog has a differentiated portfolio of low-power mixed-signal products, decades of experience in developing custom and configurable solutions for the world’s largest customers and expertise in low-power connectivity that are highly complementary to Renesas. The acquisition of these low-power technologies enhances Renesas’ product portfolio and expands horizons in addressing high-growth markets in the IoT field.Unlocks further differentiation to Renesas system solution with connectivity Bringing together Renesas and Dialog will extend the combined group’s reach to a broader customer base and open up additional growth potential in the key growth segments: industrial infrastructure, IoT and automotive. Dialog’s BLE, WiFi and audio SoCs are highly complementary to Renesas’ microcontroller (MCU)-based solutions. Combining Dialog’s innovative low-power Wi-Fi and Bluetooth® SoCs and expertise with Renesas’ technologies will enable Renesas to further differentiate its system solution offering and extend its footprint in high-growth segments, including contactless IoT applications for smart home/building automation and healthcare. Renesas’ automotive solutions will also be enriched with connectivity for a wide range of security and safety applications.Adds engineering and design scale and more effective go-to-market initiatives The past acquisitions brought diverse talent and management capabilities to expand Renesas’ global operations. The transaction announced today extends this effort and enables Renesas to add engineering and design scale in low-power analog and mixed signal. The addition of Dialog’s strong R&D and geographical presence will also allow Renesas to expand its “Winning Combinations” lineup of innovative solutions and make its go-to-market initiatives more effective to provide seamless and borderless services to customers around the globe. In 2017 and 2019, Renesas acquired Intersil Corporation and Integrated Device Technology, Inc. (“IDT”) to expand its analog solution lineup and to strengthen its kit solution offerings that combine its MCUs, SoCs and analog products. At the same time as the closing of IDT acquisition, Renesas began capitalizing on the integration by offering “Winning Combinations”, compelling Analog + Power + Embedded Processing product combinations that help customers accelerate their designs and get to market at a faster rate. These combinations now add up to more than 210 solutions, focusing on verticals including industrial, infrastructure, automotive, and consumer.Delivers earnings accretion and cost savings Renesas anticipates incremental revenue growth of approximately 200 million USD (non-GAAP operating income, approximately 21.0 billion yen) from cross selling and access to fast-growing industries alongside continued innovation of solution offerings; expects cost savings from operational efficiencies to result in a financial impact of approximately 125 million USD (non-GAAP operating income per year on a run rate basis, approximately 13.1 billion yen). Renesas anticipates the cost savings to realize in approximately 3 years after closing, and revenue growth to realize in approximately 4 to 5 years after closing. Dialog’s underlying EBITDA (non-IFRS measure) for the 12-month period to 25 September 2020 was equivalent to 35.5 billion yen. Had the transaction been effective throughout that period, Renesas’ non-GAAP gross margin would have been approximately 0.6 percentage points higher. Additional Transaction Details Under the terms of the agreement, Renesas will pay EUR 4.9 billion in cash for all the issued and to be issued share capital of Dialog at a price per share of EUR 67.50. The offer price corresponds to a 20.3 percent premium to Dialog’s closing price of EUR 56.12 on February 5, 2021, being the last business day before the date of this announcement. Renesas plans to finance the transaction with bank loans of approximately 735.4 billion yen (Note). The transaction has been unanimously approved by the boards of directors of both companies and is expected to close by the end of calendar year 2021. The transaction will be structured as a court-approved scheme of arrangement under the UK Companies Act 2006 and Dialog is expected to send the necessary documentation to its shareholders for the purposes of seeking their approval for the transaction within 28 days of this announcement. Completion of the transaction is subject to approval by Dialog shareholders as well as regulatory approvals and other customary closing conditions. (Note) Renesas plans to raise equity finance by issuing new shares. Depending on the timing or other conditions of the equity finance, it is entirely possible that the portion of the aforementioned bank loans may not take place and instead funds procured through equity finance by way of issuance of new shares may be used as the payment for the Acquisition. Advisors and counsel Nomura International Plc. is serving as financial advisors to Renesas; Covington & Burling LLP and Nagashima Ohno & Tsunematsu are serving as Renesas’ legal counsel. J.P. Morgan and Qatalyst Partners are serving as financial advisors to Dialog; Linklaters LLP are serving as Dialog’s legal counsel. (Note) Figures in this press release are calculated at the rate as of February 3, 2021: 105 yen per dollar and 126 yen per Euro. Zoom Webcast information Renesas and Dialog management will host a Zoom webinar to discuss details of the transaction at 9:00 a.m. Greenwich Mean Time / 6:00 p.m. Japan Time today. Shareholders, analysts, investors and media are invited to join the live webcast by registering using the following link: https://zoom.us/webinar/register/WN—yUyWOsO3Ry6gpOKxMYh7FQ. A recording and the accompanying presentation relating to the transaction will be available on the investor relations section of the Renesas website at https://www.renesas.com/us/en/about/investor-relations. After registering, you will receive a confirmation email containing details to access the webinar via conference call or webcast. About Renesas Electronics Corporation Renesas Electronics Corporation ( TSE: 6723 ) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live—securely and safely. With an extensive portfolio of microcontrollers, analog, power, and SoC products, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics (HE), Office Automation (OA) and Information Communication Technology (ICT) applications to help shape a limitless future. Learn more at renesas.com. About Dialog Semiconductor Dialog Semiconductor is an innovative provider of integrated circuits (ICs) that power mobile devices, consumer Internet of Things and Industry 4.0 applications. Dialog solutions are integral to some of today’s leading mobile devices and the enabling element for increasing performance and productivity on the go. From making smartphones more power efficient and shortening charging times, enabling home appliances to be controlled from anywhere, to connecting the next generation of wearable devices, Dialog’s decades of experience and world-class innovation help manufacturers get to what’s next. Dialog operates a fabless business model and is a socially responsible employer pursuing many programs to benefit the employees, community, other stakeholders and the environment it operates in. Dialog is headquartered in the United Kingdom with a global sales, R&D and marketing organization. For the year ending 31 December 2019, it reported 1.42 billion USD in revenue and underlying operating profit of 324 million USD. It currently has approximately 2,300 employees worldwide. The company is listed on the Frankfurt Stock Exchange (FWB: DLG). For more information, visit www.dialog-semiconductor.com. Cautionary note regarding forward-looking statements This announcement may contain certain statements that are, or may be deemed to be, forward-looking statements with respect to the financial condition, results of operations and business of Renesas and/or Dialog and/or the combined group following completion of the Acquisition and certain plans and objectives of Renesas with respect thereto. These forward-looking statements can be identified by the fact that they do not relate to historical or current facts. Forward-looking statements also often use words such as ‘anticipate’, ‘target’, ‘continue’, ‘estimate’, ‘expect’, ‘‘forecast’, ‘intend’, ‘may’, ‘plan’, ‘goal’, ‘believe’, ‘hope’, ‘aims’, ‘continue’, ‘could’, ‘project’, ‘should’, ‘will’ or other words of similar meaning. These statements are based on assumptions and assessments made by Renesas and/or Dialog (as applicable) in light of their experience and perception of historical trends, current conditions, future developments and other factors they believe appropriate. By their nature, forward-looking statements involve risk and uncertainty, because they relate to events and depend on circumstances that will occur in the future and the factors described in the context of such forward-looking statements in this announcement could cause actual results and developments to differ materially from those expressed in or implied by such forward-looking statements. Although it is believed that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct and you are therefore cautioned not to place undue reliance on these forward-looking statements which speak only as at the date of this announcement. Forward-looking statements are not guarantees of future performance. Such forward-looking statements involve known and unknown risks and uncertainties that could significantly affect expected results and are based on certain key assumptions. Many factors could cause actual results to differ materially from those projected or implied in any forward-looking statements. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this announcement. Neither Renesas nor Dialog undertakes any obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by applicable law. There are several factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are changes in the global, political, economic, business and competitive environments, market and regulatory forces, future exchange and interest rates, changes in tax rates and future business combinations or dispositions. If any one or more of these risks or uncertainties materializes or if any one or more of the assumptions prove incorrect, actual results may differ materially from those expected, estimated or projected. Such forward looking statements should therefore be construed in the light of such factors. No member of the Renesas group or the Dialog group nor any of their respective associates, directors, officers, employers or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this announcement will actually occur. Except as expressly provided in this announcement, no forward-looking or other statements have been reviewed by the auditors of the Renesas group or the Dialog group. All subsequent oral or written forward-looking statements attributable to any member of the Renesas group or the Dialog group, or any of their respective associates, directors, officers, employers or advisers, are expressly qualified in their entirety by the cautionary statement above. (Remarks) Dialog and the Dialog logo are trademarks of Dialog Semiconductor Plc or its subsidiaries. Bluetooth is a registered trademark of Bluetooth SIG, Inc. of the United States. All other product or service names are the property of their respective owners. View source version on businesswire.com:https://www.businesswire.com/news/home/20210208005315/en/ CONTACT: Media Contacts: Renesas Electronics Corporation Kyoko Okamoto +81 3-6773-3001 [email protected] TAGS  Local NewsBusiness Pinterest WhatsApp Pinterest Previous articleUnited States Wound Care Management Market Growth Trends and Forecasts to 2025, Featuring Key Players 3M Company, Braun Melsungen AG, Cardinal Health, Inc., Coloplast A/S, Johnson and Johnson and More – ResearchAndMarkets.comNext articleUK Digital Health Market Report – Is IT Investment Sufficient to Sustain a Long-term Digital Health Revolution Beyond Covid-19? – ResearchAndMarkets.com Digital AIM Web Supportlast_img read more

NFL Integrity

first_imgI recently read an article by Norman Chad in the Indianapolis Star.  He, like a lot of us, is wondering where the NFL’s integrity lies.  As most of you know, the players in the league are allowed to participate in the fantasy games of chance.  They are allowed to bet up to $250 on any one fantasy league.Not only is this allowed, but two of the owners own stock in Draft Kings.  This is probably the most popular of these games.  As you also know, there is a serious question about Draft Kings integrity itself.  Employees of these companies are able to play the competition’s version.  How can this action not raise questions on to how these bets are made and how a certain player may play the next game.  For doing this in baseball, Pete Rose is banned from baseball for life.  How is this any different?  Again, NFL owners and the League are interested in only one thing–how much money can we make?last_img read more

Men’s basektball: Badgers face difficult test in preparation for the big dance

first_imgAsk Nigel Hayes about the final standings of the Big Ten, and the University of Wisconsin men’s basketball senior forward will give it to you straight.“We obviously know we gave it away like five times in a row,” Hayes said regarding Purdue’s regular season title win, despite four conference losses.The No. 24 Badgers (23-8, 12-6) are the two seed behind the Boilermakers entering the Big Ten Tournament in Washington, D.C., this weekend. The confetti falling on UW would be some form of redemption, Hayes said, but then he realizes all 14 teams want to win it.The postseason also provides an opportunity for the fresh start, though UW is essentially guaranteed an at-large berth to the NCAA Tournament regardless of the tournament’s results.Men’s basketball: Take a look at the state of the 13 other teams in the Big Ten tournamentMarch is here, and championship week is already upon us. As of this writing, seven teams have already punched their Read…“It’s essentially win or go home,” Hayes said. “So with that sense of urgency, I think we’ll do what we need to do — try and play well all those games compared to when taking those lulls in games.”A tournament win would provide the Badgers with what Hayes calls “mythical momentum.” That doesn’t mean a strong showing in the nation’s capital won’t help UW’s seeding situation in The Big Dance.UW has positive things to build on following its Senior Day win over Minnesota, the tournament’s No. 4 seed.“Guys last game made some shots, that was definitely good to see that for the confidence,” Hayes said.As to why Wisconsin feels it can win it all this weekend, sophomore guard Khalil Iverson said it was because of the team’s continued confidence, despite losing five of its last seven games to close the regular season.Men’s basketball: Bohannon blood stuns No. 22 Wisconsin as UW blows late 9-point leadIn the end, it was familiar blood that did the University of Wisconsin men’s basketball team in. Jason and Zach Read…“We always play with that chip on our shoulder,” Iverson said. “We never come out and just think that we can just show up and win because that’s not the case playing Division I basketball. Anyone can lose to anyone, that’s why you always see upsets and things like that. Just coming out and leaving it all out on the floor will get us to where we want to go.”Wisconsin, with a double-bye to the quarterfinals, will take on the winner of 10-seed Indiana and No. 7 Iowa (5:30 p.m., BTN). The Badgers defeated the Hoosiers 65-60 at home Feb. 5. But if UW draws Iowa, the Hawkeyes will be just eight days removed from stunning the Badgers on their home court.UW associate head coach Lamont Paris said the coaching staff thought about traveling to D.C. early to live-scout the game, but UW had already seen both teams this season in person, eliminating the trip’s necessity.“We’ll spend times on both teams,” Paris said. “Iowa we played more recently. There won’t need to be much of a refresher from a personnel standpoint.”“The biggest thing is showing the breakdowns against specifically what they did that game.”Beyond the opener, UW and Hayes won’t pay attention to much of the rest of the bracket until the outcomes are decided, other than casual mental notes.Men’s basketball: 2017 Hall of Fame Classic to feature Badgers, other powerhousesThe University of Wisconsin men’s basketball team just punched their ticket to a tournament for next season in the 2017 Read…The most likely semifinal opponents include No. 3 Maryland, which will be playing basically home games all tournament, or No. 6 Northwestern, a team that beat UW at home on Feb. 12.Senior forward Vitto Brown, a member of the 2015-16 national finalist squad that won the Big Ten tournament, said this year’s team is most like that one in terms of camaraderie.“We would actually call ourselves brothers,” Brown said. “Not even trying to be corny, but we were always together, always doing things, not only on the court but off the court as well. I think last year was a year that was so new for everybody, there was a bunch of new guys, obviously people who weren’t used to playing, so that was everybody is more finding themselves type of year.“You’re still a team, and that’s why we were able to get it rolling in the second half of the season, but this year we’ve been together from the beginning. We’ve also had a goal in mind from the beginning, which was reminiscent from two years ago.”last_img read more

Gloucestershire are crowned champions for first time

first_img16 Sep 2016 Gloucestershire are crowned champions for first time Gloucestershire are the English Women’s County Champions for the first time – and their victory at Waterlooville Golf Club was the signal for celebrations, tears and a drenching for their captain.Andra Knight was soaked by her ecstatic team as they got their hands on the trophy for the first time after winning a tight match against Yorkshire 5-4.They’ve finally achieved their goal on their sixth consecutive appearance at County Finals and Knight said: “I can’t believe we’ve done it, I’m overwhelmed. What a team! They have gelled together all week and they just fought and fought and fought.”They certainly had to fight today. The golf was excellent and intensely close with five of the day’s nine games decided on the 18th,  including two which were halved.The decider was the game of county champion Becky Gibbs who is getting married two weeks tomorrow and said: “What a wedding present!”Gloucestershire had to win today, while Yorkshire would have taken the title with a halved result. The South West champions made their move early, taking a slender lead when they won the foursomes 2-1, holding their nerve to take their points on the 18thgreen.In the afternoon the first two singles illustrated the great determination of both teams. Alex Giles finished her game par, birdie to win the last two holes and snatch a half for Gloucestershire. Then Alison Knowles produced exactly the same finish to grab her half for Yorkshire.Behind then, the players were trading blow for blow. Gloucestershire’s Bethan Popel won the clash of the England internationals, beating Olivia Winning 3/2. Megan Clarke replied, winning her game 3/2 for Yorkshire.Two games to go to decide the destination of the trophy. Yorkshire’s Rochelle Morris was on course for a 2/1 win in the bottom game and the outcome of the  championship rested on the clash between Gloucestershire’s Becky Gibbs and Hannah Holden.Gibbs won the 16thto go one up with two to play – and stepped into uncharted territory because all her previous matches had finished at or before this point.She lost the 17thafter her drive found trees on the right but she took charge on the 18th, reaching the green in regulation three shots, while her opponent tangled with the rough around the green and a bunker. Gibbs won the hole, finished her match 2up – and the Gloucestershire celebrations began.“I enjoyed it, but it was stressful. I knew it was all on me because I like to know what’s going on. I just really wanted to do it for all of them and it’s amazing,” said Gibbs, who was five-under when she finished.Team coach Kirsty Taylor added: “We are just a great team. We have worked together on team building and it’s taken a while to bring it all together but they all deserve this.  This is a young team which is growing, it’s been a work in progress for a number of years, and how good will they be next year?”Yorkshire captain Dawn Clegg commented: “It was an excellent match, very tight, and both sides played extremely well. All credit to the girls.”Norfolk made their first appearance at County Finals for 42 years and marked the occasion by winning the battle for third place with an emphatic 7.5-1.5 win over Buckinghamshire. The teams shared the foursomes but Norfolk won all six singles.Team captain Tracey Williamson said: “It’s a superb effort to finish third. This is the first time a lot of our girls have played at this level and we will be able to build on the experience.”In the day’s other match Surrey beat Staffordshire 6-3 and finished fourth in the table. They had two big wins, one in the foursomes, one in the singles, but the rest of the match was much tighter with four halved games.Surrey captain Alison Taylor: “This is my last match as captain and I said to them last night ‘you have to win for me’ and they have been absolutely fantastic. They have given 100% and I couldn’t have asked for more.”Final places: 1 Gloucestershire, 2 Yorkshire, 3 Norfolk, 4 Surrey, 5 Buckinghamshire, 6 Staffordshire.Click here for full scoresImage copyright Leaderboard Photographylast_img read more

End of an era as time called on famous Donegal pub

first_imgOne of Donegal’s best-known pubs has called time on its customers and closed its doors forever.McClafferty’s Bar of Churchill has held the license in its family and has been serving the public for the past 124 years.But current owner Charlie McClafferty has pulled his last pint in the famous bar citing a general downturn in the bar trade. The license for the premises has instead been transferred to the soon-to-be-opened Carry Out off-license which is located opposite Domino’s Pizza on the previous location of McBride’s Bookmakers.The off-license will open on November 1st after Judge Paul Kelly agreed to extinguish the current license for McClafferty’s Bar and transfer it to the new off-license premises which will be run by Mr Charlie McClafferty.Writing on the pub’s Facebook page this week, Mr McClafferty said it was the end of an era for his family and the locality.“It’s with great sadness and deep consideration that we have decided to close the bar permanently. Some magnificent nights were had here and we will cherish those memories forever. Monday the 31st of October will be our last night open. We would like to thank all of you who have graced our door since the bar opened in 1892. Thank you all very much for your custom from all here at McClafferty’s. ” The McClafferty family are held in high regard in the Churchill area and their association with the local Glenswilly GAA club, of which they have been the main sponsor for many years, has ben deeply appreciated by the club.Indeed, upon receiving the Dr Maguire Cup for the third time in five years recently, the footballers of Glenswilly were heard to sing “Charlie, fill the cup”, a reference to Mr McClafferty and his generosity.End of an era as time called on famous Donegal pub was last modified: October 24th, 2016 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Kazaa Goes Legit – But It Will Fail

first_imgRelated Posts Tags:#news#NYT#web Top Reasons to Go With Managed WordPress Hosting Not too long ago, after the demise of Napster, Kazaa became synonymous with P2P file sharing. After a number of costly lawsuits and failed attempts to appease the music industry, however, Kazaa shut down its P2P network. Tomorrow, however, according to the Sydney Morning Herald, Kazaa will rise from the ashes and begin its second life as a legal subscription download service. For $20 a month, users will be able to download an unlimited number of songs. These songs, however, will be DRMed and in the WMA format, which will probably spell doom for the service in the long run.A beta version of this service has been available for a while, but judging from today’s reaction, very few users were aware of it. $20 a month wouldn’t be a bad deal for unlimited downloads if the music wasn’t DRMed and if users were able to play them on their iPods. Given the competition that Kazaa is up against, we don’t see a bright future for the service.Trend: Illegal File Sharing Sites Go LegitThe interesting trend, here, though, is that a lot of companies and services that were previously known for being ‘illegal’ hubs for file sharing are now trying to go legit. Napster, the grandfather for Kazaa and most of its brethren, is now a respectable paid service, and the Pirate Bay may offer a legal version of its service soon. As Eric Pfanner pointed out in the New York Times, we are now getting to the point where using legal services like Spotify or Lala are actually so much more convenient than illegally downloading music. Given this trend, it makes sense for centralized services like Kazaa to slowly drift to a legal model. At the same time, decentralized file sharing options like BitTorrent, which don’t depend on a single company to work, will still continue to be popular. Chances are, though, that users will probably share less music through torrents over the next year or so, as more cheap and free options allow users to legally access music more conveniently. A Web Developer’s New Best Friend is the AI Wai…center_img frederic lardinois Why Tech Companies Need Simpler Terms of Servic… 8 Best WordPress Hosting Solutions on the Marketlast_img read more

Eustaquio bows to Akhmetov in ONE main event

first_imgKairat Akhmetov. Photo from ONE ChampionshipJAKARTA — Kairat Akhmetov narrowly edged Filipino bet Geje Eustaquio in the main event of ONE: Total Victory Saturday at Jakarta Convention Center here.The former ONE Flyweight Champion bested the Team Lakay flyweight by split decision in a match that was truly too close to call.ADVERTISEMENT Akhmetov improved his record to 24-1, while Eustaquio fell to 9-6.Eustaquio’s defeat ruined what would have been a great night for Filipinos, after flyweight Ramon Gonzales and strawweight Roy Doliguez won their respective matches in the undercard.Meanwhile, hometown pride Stefer Rahardian (6-0) extended his winning streak in the flyweight division, making Cambodian Sim Bunsrun (3-4) tap out by rear-naked choke at the 1:07 mark of the first round, much to the delight of the Jakarta crowd.“It was really tough because I saw my opponent scrambling. But as soon as I had a chance to take his back, I took the opportunity,” Rahardian said of his dominant showing.Alain Ngalani (3-3) made quick work of Hideki Sekine (7-2), putting his Japanese opponent to sleep with a right straight within 11 seconds of the first round.ADVERTISEMENT E.T. returns to earth, reunites with grown-up Elliott in new ad  Frontrow holds fun run to raise funds for young cancer patients  Nonong Araneta re-elected as PFF president Brace for potentially devastating typhoon approaching PH – NDRRMC PH fighters Doliguez, Gonzales stop foes in undercard of ONE: Total Victory WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight ONE: Geje Eustaquio, Adriano Moraes looking for convincing finish to trilogy PLAY LIST 01:27ONE: Geje Eustaquio, Adriano Moraes looking for convincing finish to trilogy00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Gamescenter_img Don’t miss out on the latest news and information. Eustaquio rocked the Kazakh early, landing a couple of kicks to the former champion’s face, but referee Yuji Shimada inexplicably halted the match that allowed Akhmetov to recover.Akhmetov took the fight to the ground but the Ifugao warrior showed immense brilliance in his ground defense.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutWith the bout seemingly even, Akhmetov may have gained the advantage after knocking down Eustaquio with a punch in the third round and holding the Filipino challenger in a guillotine until the final minute.Winning the virtual number one contender’s match, With the victory, Akhmetov once again gave himself a shot at the title against reigning ONE Flyweight Champion Adriano Moraes of Brazil, who had previously beaten him for the belt. Fire hits houses in Mandaluyong City LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Read Next MOST READ View comments LATEST STORIESlast_img read more

a month agoAllegri will make huge demands if Man Utd approach

first_imgAllegri will make huge demands if Man Utd approachby Paul Vegasa month agoSend to a friendShare the loveFormer Juventus boss Massimiliano Allegri is being linked with Manchester United.Tuttosport says United are keen to bring in Allegri should they relieve Ole Gunnar Solskjaer of his duties.But he would have some demands if he was to come to England.Allegri will want ‘massive interventions’ in the January window should he accept the job in the near future.United spent big in the summer, bringing in £150m worth of talent.But the former Premier League heavyweights only added three players with that money, in the form of Harry Maguire, Daniel James and Aaron Wan-Bissaka.More is needed if United are to catch up with the likes of Manchester City and Liverpool. TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

Amit Panghal seals maiden world championship medal enters semis

first_imgEkaterinburg (Russia): Asian Games gold-medallist Amit Panghal (52kg) was assured of a maiden world championship medal after the Indian boxer advanced to the semifinals of the big event here on Wednesday. The second-seeded Panghal, who is also the reigning Asian champion, defeated Philippines’ Carlo Paalam 4-1 to be assured of at least a bronze in the marquee tournament. Panghal had earlier defeated Paalam in the Asian Games semifinals last year. In the last-four stage, the Haryana-pugilist will be up against Kazakhstan’s Saken Bibossinov, who stunned Armenia’s European gold-medallist and sixth seed Artur Hovhannisyan in his quarterfinal showdown. The Indian was a quarterfinalist in the last edition of the world championship, losing a fiercely-contested bout to the then defending champion Hasanboy Dusmatov in the 49kg category.last_img read more

Makeup tips to suit your face shape

first_imgSome idea of basic face structures and shapes can be helpful while applying make-up. Not every kind of make-up suit every face. It is important to know about what suits which face type and in the right balance. Use of correct techniques and tools can help achieve the best results. Here’s what goes well with the most common face shapes. Round: This face shape makes you look youthful. Bronzer should be applied on the entire outer parameter of the face and under the cheekbones. Highlight on the bridge of the nose, center of the forehead, high points of the cheeks, underneath the brow bone, Cupid’s bow, and on the chin. Also Read – An income drop can harm brainHeart Shape: This face shape is easy to balance. Apply bronzer on the forehead blending out towards the temples and underneath the cheekbones. Highlight on the bridge of the nose, cheekbones, underneath the brow bone, onto the jawline, Cupid’s bow, and on the chin. Square Shape: Forehead, cheekbones and jawline are almost of the same width. Soften the strong lines by contouring temples and jaw areas, apply blush in the hollows of the cheeks. Also, highlight high points of cheeks and temples. Also Read – Shallu Jindal honoured with Mahatma AwardOval Shape: There is equal distance between chin to forehead and cheek to cheek. Bronzer should be applied at the top of the forehead, along the bottom of the cheekbones blended up toward the temple, under the chin blended up, and across the bridge of the nose. Highlight the cheekbones, on the brow bone, the tip of the nose, and Cupid’s bow. Avoid highlighting the forehead and chin, which will add height. Triangular/Pear Shape: The face has a broad jawline and cheeks can be wider than the eye area. Contour the sides of the cheek area and add a little under the eyes if necessary to sculpt the cheekbones and bring them forward.last_img read more