Posts

Katsina gov approves death sentence for kidnapping, cattle rustling

Image
Governor Aminu Masari on Friday signed into law, the amended penal code of criminal justice system in Katsina State. The amended penal code of criminal justice now makes kidnapping and cattle rustling, capital offences while rape now attracts life imprisonment in the state. Speaking during the brief ceremony to assent to the laws, Governor Masari explained that the state is currently faced with security challenges, hence the need to revisit the penal and procedural laws to deal with suspects. The Governor revealed that the two laws that were signed, particularly the penal code had been amended generally and in particular, the section dealing with kidnappings, cattle rustling, rape and other related offences. He announced that cattle rustling and kidnappings were now capital offences in the state and attract mandatory death sentences. He said the offence of rape now carries the mandatory sentence of life imprisonment in addition to fine and compensation for the victim. The

The Apple Boycott In China Is Getting Worse

Image
Apple's profits could take a massive hit The U.S. and China have been retaliating against each other in various ways throughout the trade war, and investors and analysts are now worrying that the Chinese government could target Apple in retribution. Goldman Sachs analyst Rod Hall put out a research note this morning (via CNBC) estimating that Apple's earnings could decline by a whopping 29% under the extreme scenario that its products were banned in China. "Should China restrict iPhone production in any way we do not believe the company would be able to shift much iPhone volume outside of China on short notice," the analyst wrote. Hall cut his price target from $184 to $178 to account for the new risk factor. HSBC had separately cut its price target on Apple earlier this week due to ongoing trade tensions. Of course, Apple contributes significantly to China's economy, as its supply chain and contract manufacturers have long been concentrated in the Middle

The US Is No Longer the World's Largest Smart Speaker Market

Image
An Amazon Echo device is displayed at the Las Vegas Convention Center. Amazon and Google are fighting to dominate the multi-billion dollar voice commerce market. Home audio specialist Bose announced its smallest and most affordable smart speaker to date, the $260 Home Speaker 300. Samsung's Galaxy Home Mini was just detailed in FCC filings, even though the full-sized version hasn't even shipped yet. Even Comcast is reportedly working on a health-oriented smart speaker, according to CNBC, although it's not clear what price point the telecommunications and media conglomerate may be targeting. Neither Amazon nor Google have strong positions in China. Amazon just shuttered its Chinese e-commerce operations, and Google's online services have long been neutered due to government censorship and other factors. On the other hand, Apple (NASDAQ:AAPL) has a strong presence in the Chinese market, and Siri is one of few voice assistants that can handle Mandarin, one of the mor

HUAWEI LAPTOPS HAVE REPORTEDLY BEEN TAKEN DOWN FROM THE MICROSOFT STORE

Image
Huawei Matebook X Pro Following US President Donald Trump's executive orders to put Huawei Technologies on a trade blacklist, Microsoft has reportedly removed Huawei laptops from their e-store. A report by The Verge points out that Microsoft has stopped selling Huawei's MateBook X Pro laptop at the company's online store. In fact, it says that in the US, searching for any Huawei hardware shows no results at the Microsoft Store. Notably, though, while Google has pulled back Android services from all new Huawei devices, Microsoft has remained silent on a potential Windows ban. A Windows ban on Huawei could mean a large impact on Huawei's server solutions. Microsoft and Huawei operate a hybrid cloud solution for Microsoft's Azure stack, using Microsoft-certified Huawei servers. Meanwhile, according to a recent report, the US administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision. The restrictions would reportedly li

HUAWEI COULD ROLL OUT ITS OWN OS FOR SMARTPHONES AND LAPTOPS BY AUTUMN: RICHARD YU

Image
Chinese telecom giant Huawei says it could roll out its own operating system for smartphones and laptops in China by the autumn after the United States blacklisted the company, a report said Thursday. The international version of the system could be ready in the first or second quarter of 2020, said Richard Yu, the head of Huawei's consumer business, told US channel CNBC. The company was dealt a blow this week with Google's decision to partially cut off Huawei devices from its Android OS following a US order banning the sale or transfer of American technology to the firm. Huawei. "Today, Huawei, we are still committed to Microsoft Windows and Google Android," Richard Yu, head of Huawei's consumer business, told CNBC. "But if we cannot use that, Huawei will prepare the plan B to use our own OS." The Global Times, a Chinese state-run daily, reported on Monday that the platform - named "HongMeng" - was undergoing trials and will gradu

Apple Wanted To Buy Tesla And Fire Elon Musk In 2013

Image
Apple CEO Tim Cook speaks about iWatch during Apple's Worldwide Developer Conference (WWDC) at the San Jose Convention Centerin San Jose, California on Monday, June 04, 2018.  Tesla shares are down 38% year-to-date. Tesla’s stock stood at $310 on Jan. 2 and $205 as of Tuesday. The stock has plunged 46% from its high in August 2018 when CEO Elon Musk earned the ire of the U.S. Securities and Exchange Commission (SEC) by saying he had “funding secured” to take the company private at $420 a share. Back in January 2018 when Tesla had a market cap of $58 billion, rumors swirled Tesla was a prime target for a takeover by Apple. At the time, Tesla became a takeover target because its valuation had shrunk, which is the exact same situation it’s in today. it’s long been known Apple Inc. once wanted to buy Tesla Inc. to give it a leg-up in the race to deploy fleets of self-driving cars. That plan didn’t pan out and Apple has since been the laggard among tech firms committ

Narendra Modi Re-Elected as Prime Minister of India Captures Historic Election Victory

Image
NEW DELHI--- “Modi has embedded himself in every Indian’s consciousness,” said Arati Jerath, a prominent newspaper columnist. In contrast, Rahul Gandhi, the leader of the opposition Indian National Congress party and the scion of a long political dynasty, is widely perceived as inexperienced and weak. In acknowledging his defeat, Mr. Gandhi said that the country was engaged in a long ideological battle, and “love never loses.” The election turnout was one for the history books — the largest democratic exercise ever. From April 11 to May 19, more than 600 million Indians cast ballots at a million polling stations from high in the Himalayas to the tropical islands in the Andaman Sea. Intense feelings about Mr. Modi, for or against, helped drive turnout to 67 percent, the highest ever. Even some voters who were worried about the economy or did not like the way Mr. Modi had stirred communal divisions said they still saw him as the best leader for India now. “Farmers are in tro