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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Kodak unveils post-bankruptcy plan

Category : Business, World News

Eastman Kodak says it expects to exit bankruptcy as early as July in its new guise as a commercial imaging firm.

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Minister Aglukkaq Celebrates Daffodil Day

Category : World News

Prevention and early detection the best way to fight cancer

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Baltimore Ophthalmologist Addresses the Importance of Routine Eye Exams

Category : Stocks, World News

At Grochmal Eye Center, Ophthalmologist Dr. Jay C. Grochmal Encourages Patients to Attend Eye Exams on a Regular Basis for the Prevention and Early Detection of Eye Diseases

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Exclusive: Matrix Partners raises new VC fund

Category : Stocks

Early Apple backer raises new fund.

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Asia markets dip after Boston blasts

Category : World News

Asian markets decline in early trading after two explosions at the Boston Marathon in the US killed three people and injured dozens more.

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Bank of Japan shocks markets

Category : Business, Stocks

Japan’s Nikkei reversed early losses and closed 2.2% higher Thursday after the country’s central bank pledged to double its monetary base over the next two years.

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Mobile phone’s 40th anniversary: from ‘bricks’ to clicks

Category : Business

Experts hail rapid development of handsets, particularly in internet access – and say there is a lot more innovation to come

Mobile phone technology has come a long way since the first mobile phone call was made 40 years ago – but there is a lot more innovation ahead, according to one expert.

It was on 3 April 1973 that Motorola employee Martin Cooper made a call in New York on a Motorola DynaTAC – dubbed a “brick” due to its size and weight – which was widely regarded globally as the first public mobile phone call.

The device was 9 inches tall, comprised 30 circuit boards, had a talk-time of 35 minutes, and took 10 hours to recharge.

Four decades on, a worldwide telecoms industry with annual revenues of £800bn has grown rapidly based on wide choice, falling prices and an array of technologies, resulting in the average mobile being used to take photos, play music and games, send emails, download maps, watch video clips, all as well as talking and texting.

Mike Short, an expert from the Institution of Engineering and Technology, said Cooper’s phone call is the first public call people recognise as being a cellular mobile call.

He said the 10 years following that first call were “very much developmental”, with research being carried out in laboratories before services were launched in 1981 in the US.

“Since its first use 40 years ago, the mobile phone has completely changed our lives. The first decade was a research or a ‘demonstrator’ phase, rapidly followed by analogue networks deployed over 10 years from the early 1980s largely based on carphones and used in business in the developed world.

“This soon led to the digital decade mainly between 1993 and 2003 when consumerisation and globalisation of mobile really took off.

“This led to a further data adoption phase with the arrival of 3G and during 2003 to 2013 access to the internet and the wider use of smartphones became a reality,” he said.

The two most significant developments in mobile phone technology have been the widespread availability of devices and their ability to access the internet, Short said.

“In the early days of mobile, consumerisation was not considered. It was made for men in suits in business, whereas consumerisation followed much later.

“And then access to the internet followed much later again. The first smartphones weren’t until about five years ago. So the pace of change has actually sped up over the 40 years, particularly in the past 15 to 18 years,” he said.

Short expects mobile technology to continue to evolve and said people can expect even more developments in future.

“More changes are expected. The early days of mobile were all about voice, whereas today it’s much more about data.

“And the point about data is that we can carry voice calls over the data channel, but in future we’ll move towards fuller data services such as video – much more video to video calling, much more screens on the wall in your home, maybe more video television downloaded, catchup TV, that sort of thing.

“So there’s a lot more innovation to come, particularly in the data and video worlds,” he said.

Mobile phone users will have noticed these changes in the last few years, as phones have become more affordable and sit lightly in the palm of their hand – but innovators are working to enhance these aspects of modern devices further.

Short said: “The cost has already fallen a long way. What tends to happen is you get more functionality per pound spent.

“That would include more memory, that would include more features, that would include more capability to access the internet at higher speeds.

“The weight has dropped dramatically already, but we’re seeing, probably this year, the first watch-based phones.”

With improvements and changes implemented so frequently, Dr Short said it is hard to know what exactly to expect in the next 40 years, but it is safe to assume millions more people in the world will have access to mobile phones.

“It’s very difficult to predict 40 years’ time because the pace of innovation is speeding up. I would say that we’ll all be mobile, globally, everyone will be mobile.

“I’d also say that we’ll be connecting many more machines via wireless mobile technology as well.

“The world of around 7bn devices connected today should be in excess of 70bn connected devices in 40 years’ time,” he said.

Eurozone crisis as it happened: Cypriot finance minister resigns as blame game begins

Category : Business

Cypriots are seeking out who is responsible for the crisis – and who had early notice of the meltdown – as negotiators seek to ease bailout terms

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Sears stock sinks on poor results

Category : Stocks

After reporting yet another quarter of steep losses early Thursday, Sears’ stock dropped nearly 5%.

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Despatch Industries Promotes Ellen Cheng to General Manager of China and Taiwan Region

Category : World News

MINNEAPOLIS, MN–(Marketwire – Feb 26, 2013) – Despatch Industries, the world’s leading thermal technology and equipment provider, is pleased to announce that the company has promoted Dr. Ellen Cheng to the role of General Manager, China and Taiwan. In her expanded role, Dr. Cheng is now responsible for Despatch’s sales, service, technology, and business development activity in China and Taiwan for the company’s Solar, Carbon Fiber and Thermal Technology business units. Ellen is focusing on growing Despatch’s regional footprint and presence in the electronics, aerospace and carbon fiber markets, along with extending leadership in the solar industry as the company transitions its solar manufacturing to China in early 2014.

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