Trebling tobacco tax ‘could prevent 200 million early deaths’

Trebling tobacco tax ‘could prevent 200 million early deaths’

Wed, Jan 1 2014

By Kate Kelland

LONDON (Reuters) – Trebling tobacco tax globally would cut smoking by a third and prevent 200 million premature deaths this century from lung cancer and other diseases, researchers said on Wednesday. Read more of this post

MediaTek to control over 50% of smartphone touchscreen controller IC market in China

MediaTek to control over 50% of smartphone touchscreen controller IC market in China
Cage Chao, Taipei; Steve Shen, DIGITIMES [Thursday 2 January 2014]

MediaTek could control over a 50% share of the smartphone-use touchscreen controller IC market in China after the Taiwan-based design house officially merges with fellow company MStar Semiconductor on February 1, 2014, according to industry sources. MediaTek currently accounts for over 20% of China’s smartphone touch controller segment through its affiliated company, Goodix Technology, which has been able to ramp up its market share by shipping IC parts in pair with MediaTek’s smartphone solutions, the sources noted. MStar, which is believed to be able to ship tens of millions of touchscreen controller ICs for feature phone and smartphone applications a month, has also maintained an over 20% share in touch controller IC markets in China and other emerging markets, revealed the sources. A consolidation of the touch controller units of MStar and Goodix will add more pressure on other rival IC design houses, stated the sources

Professors picked the four-character Chinese idiom 轉迷開悟 (jeonmigaeoh), meaning one being disillusioned from fallacy and realize truth, as a phrase to characterize 2014.

2013-12-31 17:53

Professors wish 2014 to be year of attaining truth

Nam Hyun-woo

131231_p03_professors

Professors picked the four-character Chinese idiom 轉迷開悟 (jeonmigaeoh), meaning one being disillusioned from fallacy and realize truth, as a phrase to characterize 2014. The phrase is based on the Buddhist teaching of being freed of anguish caused by delusions and reaching nirvana. According to Professors Times, Tuesday, 170 out of 617 surveyed professors at universities in Korea chose the phrase as this year’s one. The professors’ journal picks characterizing phrase of next year in every year-end. Prof. Moon Sung-hoon of Seoul Women’s University, said “I recommended this phrase in a sense to promote people to be freed from falsehoods and move forward in 2014.” Prof. Park Jae-woo at Hankuk University of Foreign Studies said, “The meaning of politics is to correct wrongdoings.” He said he picked the phrase in a wish to “get out of lie-riddled 2013 and march into 2014 in which truth and honesty triumph.” Following the phrase, 激濁揚淸 (gyeoktakyangcheong) was the second most-voted phrase with 147 professors casting their votes. It means letting go muddy water and letting clean water to flow. The journal said, “The phrases reflect professors’ critical view on corrupt and unproductive politicians.”

Berkshire Seen Failing Buffett 5-Year Test for First Time

Berkshire Seen Failing Buffett 5-Year Test for First Time

Warren Buffett probably missed his target for the first time in 44 years.

Berkshire Hathaway Inc. (BRK/A), his $292 billion company, is poised to report that it failed to increase net worth more rapidly than the Standard & Poor’s 500 Index during the past five years, according to analyst estimates. It would be the first time the billionaire investor fell short of the goal since he took over the Omaha, Nebraska-based company in 1965. Read more of this post

Ben Horowitz: Can-Do vs. Can’t-Do Culture

Can-Do vs. Can’t-Do Culture

January 1, 2014, 7:53 PM PST

By Ben Horowitz, Co-Founder and Partner, Andreessen Horowitz

“God, body and mind, food for the soul
When you feeding on hate, you empty, my n!*$a, it shows.” — Rick Ross

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man.” – George Bernard Shaw

Lately, it has become in vogue to write articles, comments and tweets about everything that’s wrong with young technology companies. Hardly a day goes by where I don’t find something in my Twitter feed crowing about how a startup that has hit a bump in the road is ”fu&%@d,” or what an “as*h%le” a successful founder is, or what an utterly idiotic idea somebody’s company is. Read more of this post

Get Out of Your Comfort Zone: A Guide for the Terrified

Get Out of Your Comfort Zone: A Guide for the Terrified

by Andy Molinsky  |   11:00 AM December 31, 2013

No one likes to move beyond his or her comfort zone, but that’s really where the magic happens. It’s where we can grow, learn, and develop in a way that expands our horizons beyond what we thought was possible. Also, it’s terrifying. For me, operating beyond my comfort zone was participating in classroom discussions in college. Early in my career, it was public lecturing and participating in departmental meetings. I knew I had things to say, but was very unsure if they were worth saying.

Read more of this post

You Never Make Real Progress Without Pain

You Never Make Real Progress Without Pain

JEFF HADENLINKEDIN

DEC. 31, 2013, 12:38 PM 2,649 2

Without discomfort we never progress. Without stress we never adapt. Without pain we never rebuild. That’s why sometimes the best blessings truly are blessings in disguise. Like:

Disapproval

People criticize only when they care… and while people still care about you or your business you have the opportunity to do something better, to do something differently, to change their minds — or to just meet in the middle. Criticism is no fun… but having no one who cares at all is much, much worse. It’s great that people care enough to want you to do better — so go do better. Read more of this post

The Dangerous Myth of Reinvention

The Dangerous Myth of Reinvention

by Marc Freedman  |   10:00 AM January 1, 2014

Gary Maxworthy spent three decades in business until a personal tragedy prompted him to reexamine his priorities. He left the corporate world behind, set off to find his true calling, and in the process discovered both a new identity and the path to accomplishing his most important work fighting hunger. Read more of this post

The case for putting philosophers into company boardrooms; Businesses must satisfy; philosophy is concerned with what makes a good life

January 1, 2014 5:21 pm

The case for putting philosophers into company boardrooms

By Alain de Botton

Businesses must satisfy; philosophy is concerned with what makes a good life, says Alain de Botton

From a distance, it does not seem as if philosophy and business would have anything to say to one another. Businesses are concerned with meeting strict targets under time pressure, maximising revenue and outwitting competitors. Philosophy is concerned with the largest and most impractical questions about the meaning of life; it sets itself no targets and has no practical outcomes. Read more of this post

At Papers, Berkshire Rewrites Its Script; Warren Buffett’s Conglomerate Is Buying and Retooling Newspapers

At Papers, Berkshire Rewrites Its Script

Warren Buffett’s Conglomerate Is Buying and Retooling Newspapers

ANUPREETA DAS

Jan. 1, 2014 6:09 p.m. ET

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Warren Buffett, tossing a newspaper at Berkshire’s 2012 annual meeting, typically favors stable, growing businesses in industries with good prospects. Reuters

Shortly after Warren Buffett‘s Berkshire Hathaway Inc. BRKB +0.44% bought the Richmond Times-Dispatch newspaper in 2012, things began to change. Eight-year-old newsroom computers were replaced. A malfunctioning sound system in the 180-seat auditorium of the paper’s downtown Richmond, Va., headquarters was fixed. The company also spent $1.3 million last year to upgrade the paper’s production plant. Read more of this post

The Chinese village with the secret to long life; Tourists paying homage to Bama’s centenarians are bringing in millions. But the Guangxi county’s success may be its undoing

The Chinese village with the secret to long life

Tourists paying homage to Bama’s centenarians are bringing in millions. But the Guangxi county’s success may be its undoing

Tania Branigan in Longevity Village, Guangxi

theguardian.com, Monday 30 December 2013 15.58 GMT

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Huang Puxin, who says he is 113, waits for visitors at his home in Longevity Village in Bama, Guangxi. Photograph: Tania Branigan for the Guardian

Her T-shirted charges trailing behind her, the young guide swept into Huang Puxin’s home and flicked her tour flag towards the centenarian, who was waiting on the sofa beneath a giant bas-relief inscribed with the word “longevity”. “The old man is 113,” she mumbled into her headset, turning away. Read more of this post

Want a sure route to a job? Learn to code, says startup co-founder Zach Sims. Codecademy Chief Says Computer Programming Holds the Key

Codecademy Chief Says Computer Programming Holds the Key

Zach Sims’s Startup Offers Free Instruction and Possibly Job Opportunities

MELISSA KORN

Updated Dec. 31, 2013 7:11 p.m. ET

Zach Sims, the CEO of Codecademy, on gaining respect and making good hires.

Want a sure route to a job? Learn to code, says startup co-founder Zach Sims. As chief executive of Codecademy, a two-year-old company that offers free, online instruction in computer programming, Mr. Sims believes that programming skills can be a ticket to upward mobility just as a college degree has been for generations. Read more of this post

Vitamin E Slows Decline in Patients With Mild Alzheimer’s

Vitamin E Slows Decline in Patients With Mild Alzheimer’s

Vitamin E can help slow the effects of mild to moderate forms of Alzheimer’s disease, a finding doctors should consider for treating patients, researchers said. Patients given high doses of vitamin E for about two years delayed progression of the degenerative brain disease by about 6.2 months, compared with those given a placebo, according to a study published today in the Journal of the American Medical Association. Doctors may want to discuss vitamin E as an option in early-stage Alzheimer’s treatments, the researchers said. Read more of this post

Cancer eclipsed as global donors focus on other diseases

December 30, 2013 2:11 pm

Cancer eclipsed as global donors focus on other diseases

By Javier Blas in Lilongwe

The paediatric ward at Kamuzu Central Hospital and the Baylor Clinical Centre of Excellence are not even 50 metres apart. A small gate and garden separate them within an overcrowded and decrepit hospital in Lilongwe, the capital of Malawi. Read more of this post

The hazy business of treating your hangover; Most medical experts agree that there is no real way to cure a hangover. So why are more and more companies getting into the hangover treatment business?

The hazy business of treating your hangover

December 30, 2013: 1:55 PM ET

Most medical experts agree that there is no real way to cure a hangover. So why are more and more companies getting into the hangover treatment business?

By Caroline Fairchild, reporter

FORTUNE — On the eve of one of the biggest drinking nights of the year, we have some bad news. There is likely no cure for the hangover that you will inevitably wake up with come January 1st. Read more of this post

Anxious Youth, Then and Now: Today’s millennials face many of the same concerns and challenges of the late 19th century, when the booms and busts of the Industrial Age tore apart the accepted order

December 31, 2013

Anxious Youth, Then and Now

By JON GRINSPAN

FOR years now, we’ve heard the gripes by and about millennials, the offspring of the Great Recession, caught between childhood and adulthood. Their plight seems so very 21st century: the unstable careers, the confusion of technologies, the delayed romance, parenthood and maturity. Read more of this post

Year of self-awakening: Only people who act when needed deserve to feel well-off

2013-12-31 17:03

Year of self-awakening

Only people who act when needed deserve to feel well-off
January 1 is the day to plan for the New Year, hoping it will be better than the Old Year. Unfortunately, we cannot help but wonder how many Koreans are thinking ― instead of hoping ― that 2014 will be better than 2013, after experiencing all that happened on them last year.  Read more of this post

Digital Fork Tracks and Sets a User’s Eating Pace; Utensil Uses Vibrations, Lights and an App to Improve Eating Habits

Digital Fork Tracks and Sets a User’s Eating Pace

Utensil Uses Vibrations, Lights and an App to Improve Eating Habits

JOANNA STERN

“Slow down! Don’t eat so fast!”

Like generations before me, I grew up hearing those words. Yet, despite the best of parental intentions, I continued to scarf down my chicken nuggets at a record pace. Until last week, that is, when the nagging reappeared in the form of a “smart” fork. The $100 HAPIfork vibrates in your mouth when you eat too fast and wirelessly reports your good (or bad) habits to your smartphone. No, this isn’t a “Saturday Night Live” parody of a late-night infomercial product. Its maker, Hapilabs, claims the fork will help you eat slower, which in turn will help you curb overeating and lose weight. And while the fork has it faults, using it for two weeks has challenged me to think more about what I take from my plate. Two bites within 10 seconds and the fork will reprimand you with a buzz of the tines and a blinking red light. The vibration is quick and painless—think electric toothbrush. Separate your bites by 10 seconds or more and the fork stays quiet and blinks green to show approval. You can decrease or increase the interval between bites, but Hapilabs says 10 seconds is ideal when the goal is to make a well-proportioned meal last 20 minutes, something dietitians I spoke to recommend.

Read more of this post

Billionaires Worth $3.7 Trillion Surge as Gates Wins 2013; 58-year-old tycoon’s fortune increased by $15.8 billion to $78.5 billion, as shares of Microsoft rose 40 percent

Billionaires Worth $3.7 Trillion Surge as Gates Wins 2013

The richest people on the planet got even richer in 2013, adding $524 billion to their collective net worth, according to the Bloomberg Billionaires Index, a daily ranking of the world’s 300 wealthiest individuals. Read more of this post

11 Expert Tips To Help You Be More Productive In 2014

11 EXPERT TIPS TO HELP YOU BE MORE PRODUCTIVE IN 2014

WHO DOESN’T WANT TO FIGURE OUT HOW TO GET MORE DONE? OR GET THINGS DONE MORE EFFICIENTLY? WE ASKED SOME OF THE MOST PRODUCTIVE PEOPLE WE KNOW HOW YOU CAN TACKLE THE NEW YEAR’S WORK.

BY KATHLEEN DAVIS

Last year I used a kitchen timer to force myself to focus; I blocked the Internet and email so I couldn’t get distracted; I set an auto-response on my email; I wrote a lot of to-do lists. I even started getting up earlier. Read more of this post

Lessons from 120 years ago in Korea

Lessons from 120 years ago

Jan 03,2014

Humans reflect on history to learn from their past – more specifically, to understand the present through the lessons of the past and brace for the future. That’s why European academics and the press are busy examining the year 1914, when World War I broke out a century ago, and their Korean counterparts are rethinking the meaning of the Gabo Reform in the Joseon Dynasty (1392-1910), initiated 120 years ago after the Donghak Peasant Rebellion.  Read more of this post

The Fascinating Reason People Thought The Telephone Would Be A Total Flop

The Fascinating Reason People Thought The Telephone Would Be A Total Flop

JAY YAROW

2 MINUTES AGO 0

Venture capitalist Ben Horowitz has a big post on why people should be optimistic about technology companies. In it, he talks about how some of the most fundamental products in our lives today were laughed at by outsiders when they were first introduced.  Read more of this post

Theft by other means: China’s assault on foreign companies

Wednesday, January 1, 2014

Theft by other means: China’s assault on foreign companies

Derek Scissors | December 19, 2013, 8:16 am

If Senator Max Baucus becomes the next US Ambassador to China, he will start day one with a very big problem. China’s economic reform program is barely a month old and already appears fraudulent in critical respects. In particular, attacks on foreign companies, which began earlier this year, are growing far more threatening. The health of the American technology industry, especially, is at risk, and the credibility of US policy is being challenged. Read more of this post

Richard Riordan and Eli Broad: Is it a sin to be rich? Not if your resources are used to help others and create jobs. Rather than investing in hedge funds and other forms of financial speculation divorced from the real economy, more of the wealthy

2014-01-02 16:53

Is it a sin to be rich?

By Richard Riordan and Eli Broad
Is it a sin to be rich?
Not if your resources are used to help others and create jobs.
If you listen to most of the discussions of income inequality, it certainly seems like affluence itself is a crime. We hear increasing calls for higher taxes on the wealthy and other policies designed to redistribute income. President Obama summed up that position when he said, “Our country cannot succeed when a shrinking few do very well and a growing many barely make it.” Read more of this post

Three Predictions for Xi Jinping in the New Year

Jan 1, 2014

Three Predictions for Xi Jinping in the New Year

By Russell Leigh Moses

Former political star Bo Xilai was publicly excoriated then thrown behind bars in 2013, while Chinese Communist Party chief Xi Jinping found new ways to reach out to the public. Both show a party working to get its message out about corruption and its common cause with the public, even as it works to keep power for itself. What that in mind, here are some developments to watch for in the new year. Read more of this post

Sohu probes source of billionaire Chen Guangbiao’s wealth

Sohu probes source of billionaire Chen Guangbiao’s wealth

Staff Reporter

2014-01-02

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Chen Guangbiao shows off his “room of cash,” made from 16 tonnes of RMB100 bills, in Nanjing, Dec. 24, 2013. (Photo/CNS)

Chinese tycoon Chen Guangbiao, known for his attention-seeking charitable endeavors including literally throwing cash at people, recently made headlines after releasing a photo of himself surrounded by an estimated 1.4 billion yuan (US$231 million) in RMB100 bills. The photo has lead Chinese web portal Sohu to launch an investigation into his wealth. Read more of this post

Revlon to Exit Operations in China, Cut 1,100 Jobs

Revlon to Exit Operations in China, Cut 1,100 Jobs

Revlon Inc. (REV), the maker of cosmetics under its namesake and Almay brands, will cease operations in China and eliminate about 1,100 positions, including 940 beauty advisers, as it restructures its struggling business. Read more of this post

SOE Reform in China — Big Changes On the Way

SOE Reform in China — Big Changes On the Way

Peter Fuhrman

Chairman and CEO China First Capital

December 24th, 2013Leave a commentGo to comments

China’s state-owned enterprises (SOEs) are a lucky breed, or so conventional wisdom would have it. They have lower cost of capital and less competitive pressures of private sector competitors. China’s big banks (also state-owned) are always happy to lend, and if things do turn sour, China’s government will bail everyone out. Read more of this post

Rawhide in China

Rawhide in China

David Keohane

| Jan 02 11:30 | 3 comments | Share

China says rollover. From the FT’s Simon Rabinovitch:

Faced with a mountain of maturing loans this year, China has given local governments the go-ahead to issue bonds as a way of rolling over their debt to avoid defaults. The announcement by the National Development and Reform Commission, a top central planning authority, is the most explicit official endorsement of a massive debt refinancing operation that has become unavoidable and is already under way, analysts said. Read more of this post

Pollution Rising, Chinese Fear for Soil and Food

December 30, 2013

Pollution Rising, Chinese Fear for Soil and Food

By EDWARD WONG

CHENJIAWAN, China — The farm-to-table process in China starts in villages like this one in the agricultural heartland. Food from the fields of Ge Songqing and her neighbors ends up in their kitchens or in the local market, and from there goes to other provinces. The foods are Chinese staples: rice, cabbage, carrots, turnips and sweet potatoes. Read more of this post

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