Micromax mulls sale, talks to Alibaba, SoftBank — report

first_img OneWeb, SoftBank Corp plot Japan satellite move Joseph Waring joins Mobile World Live as the Asia editor for its new Asia channel. Before joining the GSMA, Joseph was group editor for Telecom Asia for more than ten years. In addition to writing features, news and blogs, he… Read more Related Foxconn predicts continued gains Joseph Waring Asia SoftBank Corp targets growth through acquisitions 23 FEB 2015 center_img Author Previous ArticleAT&T hits out at Dish in US spectrum spatNext ArticleVideo Feature: 20th Global Mobile Awards HomeAsiaNews Micromax mulls sale, talks to Alibaba, SoftBank — report AlibabaIndiaMicromaxsmartphonesSoftBank Tags India’s fast-rising handset maker Micromax reportedly is considering selling off a minority interest or even the entire company for the right valuation, the Economic Times reported today.Citing anonymous inside sources, the Times said Goldman Sachs is advising Micromax on a possible sale and that “feelers have gone out to several Asia firms”. These include Chinese internet giant Alibaba and Japanese mobile operator SoftBank. Discussions are believed to have been held overseas.Micromax’s backers are said to be looking for a valuation of as much as INR210 billion ($3.4 billion), which would be 2.5-2.9 times its total income.Micromax pushed past Samsung in Q4 to become the first domestic vendor to take the top spot in the Indian smartphone market. Micromax had a 22 per cent market share, while Samsung was second with a 20 per cent share in Q4, according to Canalys.For the full year, it remained second with a 21 per cent share, behind Samsung with a 25 per cent share (down from 36 per cent in 2013). Almost half of the three million units it sells each month are smartphones.TA Associates, which has a 15 per cent stake in the company, is said to be pushing Micromax’s management to consider exit options, the Times said. The handset maker was valued at just INR15 billion in 2010, when TA Associates paid INR2.25 billion for its stake.Sequoia Capital and Sandstone Capital each have a 2.68 per cent stake. The company’s four founders, with almost an 80 per cent interest, set up the firm as a parts supplier to Nokia in 2000.They had long discussed an IPO and brought in professional managers last year from Bharti Airtel and Samsung to maximise growth before going public. In early January the company was said to be considering an IPO to raise $500 million. But those plans appear to have been put on hold.The Times quoted an investment banker as saying: “A stake of at least 26 per cent now will also have a clear roadmap to a change of control. This will be a strategic and not a financial investor. But the promoters are also exploring selling out completely, provided they get their premium.”last_img read more

K&N East champ Tyler Ankrum to make Truck Series debut at Martinsville

first_imgMOORESVILLE, N.C. (Oct. 16, 2018) — DGR-Crosley announced Tuesday that newly crowned NASCAR K&N Pro Series East Champion Tyler Ankrum will drive for the team in the NASCAR Camping World Truck Series (NCWTS) Texas Roadhouse 200 at Martinsville (Va.) Speedway. Ankrum will pilot the No. 54 May’s Hawaii Toyota Tundra in his NCWTS debut.The San Bernadino, Calif. native will be making his Truck Series debut just three weeks after being crowned the 2018 K&N East Champion. In his rookie season, the 17-year-old scored four wins, nine top fives and finished outside of the top-10 in only two races. Ankrum and his No. 17 Modern Meat Co. team led nearly 300 laps during the 2018 season and had an average finish of 4.8.RELATED: Ankrum crowned at DoverAnkrum will have a team of familiar faces with him as he takes on the 0.526-mile track of Martinsville. His crew chief, Seth Smith, and many other members of his K&N East Championship team will work on Ankrum’s No. 54 truck next weekend.“Making my Truck Series debut at Martinsville is huge. So many big names in the sport have made their national series debut at Martinsville,” said Ankrum. “I’ve been dreaming of this day for so long now, I can’t believe it’s actually happening. It’s going to be really cool having Seth [Smith] and my K&N guys there with me.”Ankrum has one previous start at the paperclip shaped track which occurred in 2014 when he raced a Late Model Stock Car in the MDCU 300.“Martinsville is an aggressive track, I’ve raced there one other time in a late model. I think that little bit of experience will be an advantage and help with the transition. I’ve already been racing on the simulator and practicing live pit stops with the 54 pit crew because this will actually be the first live pit stop for me. There’s a little bit of pressure, but I’m ready for it. I know the DGR-Crosley guys are going to bring me a fast truck, and hopefully we’ll be able to get them a solid finish.”Aside from having his K&N East team coaching him along, Ankrum will also have veteran Cup Series driver and team co-owner David Gilliland at Martinsville to lean on for advice.“We are extremely excited to have Tyler in the truck at Martinsville,” said Gilliland. “He’s been such an important part of our team this year, and it’s been awesome to watch him progress and learn each race in the K&N Series. He’s proven that he’s ready for the next step and I’m glad that everyone at DGR-Crosley is going to be a part of his Truck Series debut.”Qualifying for the Texas Roadhouse 200 will take place on Saturday, Oct. 27, at 10 a.m. ET with racing action beginning at 1 p.m. ET. Both qualifying and the Texas Roadhouse 200 will be broadcast live on FS1.last_img read more

BIG Something Shares “Tumbleweed” From New Year’s Eve 2019 [Watch]

first_imgBIG Something dug back into the archives over the weekend for a rocking rendition of “Tumbleweed” from New Year’s Eve 2019. The pro-shot footage comes from the band’s year-ending performance at the Lincoln Theatre in their native Raleigh, NC.BIG Something will return to the Lincoln Theatre once again for a two-night run to ring in the new year, though these performances will be devoid of fans. For their free streams on December 30th and 31st, the cross-genre jam outfit will give 25% of all donations received that evening to the Lincoln as the venue remains closed for ticketed performances.Related: BIG Something Shares Nick MacDaniels’ Solo “Ripple” Cover From NYE 2019 [Watch]Coming in three songs into set two—which opened with a cover of “For Those About To Rock (We Salute You)”—energy is sky high for the title track off the band’s 2017 album. As BIG Something was barely halfway through the New Year’s Eve program, Nick MacDaniels‘ repeated phrase “Keep on moving ’til the crack of dawn” was likely taken to heart. The seven-minute rendition is brimming with energy, notably from Electronic Wind Instrumentalist Casey Cranford who delivers a killer solo before entering into a stunning back-and-forth with lead guitarist Jesse Henley to bring the song to a climax.Watch BIG Something perform “Tumbleweed” at the Lincoln Theatre on December 31st, 2019. Click here to RSVP to their virtual New Year’s Eve show from the same venue.BIG Something – “Tumbleweed” – Raleigh, NC – 12/31/19[Video: Big Something]last_img read more

Emergency Cardiac Care Leaders Take First Steps Toward Creation of a National Cardiac Arrest…

first_imgThe inaugural meeting of the National Cardiac Arrest Collaborative took place on May 11th at the National Institutes of Health in Bethesda, Maryland. The meeting was a follow up to a workshop conducted in Washington, D.C. in July 2016, which explored recommendations of a Institute of Medicine (IOM) report on improving survival from cardiac arrest. Who Is the Audience? “We were honored to be invited to the foundational meeting of the “˜National Cardiac Arrest Collaborative,’” said Mary M. Newman, MS, president of the Sudden Cardiac Arrest Foundation, a national nonprofit organization that represents survivors, and family members of survivors and non-survivors. “We appreciate the opportunity to have several seats at the table, to provide our insights on public awareness about sudden cardiac arrest, and to share personal stories of survival.” All representatives should speak with one voiceRepresentatives should be inclusiveIt’s important to own both successes and failuresRepresentatives should recognize that efforts are not permanent and they will invariably revert to baselineEffective messaging is expensiveEffective messaging should be targeted to the local level Tom Aufderheide, MD of the Medical College of Wisconsin, and Lance Becker, MD of Hofstra North Shore-Long Island Jewish School of Medicine, both members of the IOM workshop committee, facilitated the Bethesda meeting. Sticky messages, she said, are simple, unexpected, concrete, credible, and emotional and are often illustrated through stories. She reported the AHA worked with Proctor & Gamble and the Ad Council to develop the “Hands-Only CPR” campaign, which has proven to be effective, based on AHA metrics. Among many other focus areas, the IOM report called for fostering a culture of action by improving public awareness and training and creating a national cardiac arrest collaborative. The IOM report points out that cardiac arrest is the third leading cause of death in the U.S. The latest statistics from the American Heart Association (AHA) indicate that sudden cardiac arrest affects 356,500 people annually–outside hospitals alone–including 7,037 children. About 90% of cases are fatal. Participants recognized that creating effective messaging will depend on conducting communications research. In the meantime, some key messages that might be tested, participants suggested, are the following: While industry members did not participate in the initial meeting of the collaborative, it was resolved that industry should play an important role in the collaborative going forward. Sudden Cardiac Arrest Foundation representatives included board members Carissa Caramanis, a social media expert; Robert Davis, a communications director at the U.S Department of Justice; Martin Gannon, a survivor and financial advisor; and volunteer Matthew Strauss, who works in law enforcement. Davis, a former reporter for USA Today, presented information on crystallizing messaging to promote public awareness at the IOM meeting last July. Gannon and Strauss described their shared real-world experience at the meeting. Strauss saved Gannon’s life in 2003 when he was a 17-year-old high school student. Key Messages Gent spoke about the power of urban legends. In addition, she presented information on the benefits of using “sticky messaging,” based on guidance from “Teaching that Sticks,” by Chip and Dan Heath. Accreditation and certification organizationsSurvivors, families and friends of survivors and non-survivors and rescuers and the organizations serving these communitiesConsumer organizationsGovernment agenciesHealthcare providers and medical specialty organizationsIndustryMarketing, branding, communication and strategic planning organizationsNational associations for state and local leadersThe research communityResuscitation guidelines and training organizationsSports-related organizations The formative meeting focused primarily on improving messaging about cardiac arrest targeted to the general public. Dr. Becker kicked off the discussion with an overview of the current state of cardiac arrest messaging. About 35 people participated in the Bethesda meeting, including several representatives of the American Heart Association, American Red Cross, NIH, and Sudden Cardiac Arrest Foundation. Representatives of the U.S. Department of Transportation, Children’s Cardiomyopathy Foundation, Citizen CPR Foundation, EMS for Children, Journal of Emergency Medical Services, Parent Heart Watch and Take Heart America also participated. Once established, the collaborative will be open to all interested stakeholders, including: Bradley, a member of the American Red Cross (ARC) Scientific Advisory Council, and Clifton Callaway MD, PhD of the University of Pittsburgh, who chairs the AHA Emergency Cardiovascular Care Committee, were designated co-chairs of the new group’s steering committee. Dominick Tolli, from the ARC, discussed the effectiveness of multiple targeted public awareness campaigns, such as those related to fires and drowning. He echoed the essential importance of story-telling. Various communications campaigns were highlighted during the discussion. The benefits of using provocative messages to raise awareness were discussed. For example, a Newsweek cover article on survivor Brian Duffield, stating “This Man Was Dead. He Isn’t Anymore” was highlighted. Another provocative and effective message from the United Kingdom urging bystander action was “They’re dead. So what’s the harm?” Lessons from the Brain Collaborative Immediate action by bystanders is critical.Anyone can save a life/ You can save a life.CPR is easy to do–much easier than in the past.AEDs are easy to use, even by untrained bystanders.You cannot harm the victim. Your actions can only help.It’s important to do something. Creating Messaging That Works Mark Alberts, MD from the University of Texas who represented the Brain Attack Coalition, a multidisciplinary group of organizations and government agencies dedicated to the prevention and treatment of stroke, provided key guidance during the meeting. According to Alberts, lessons learned from the Brain Attack Coalition include the following: A representative of the U.S. Department of Health and Human Services will also be named as a co-chair of the steering committee. Drs. Aufderheide and Becker will serve on the committee along with Brown, Lana Gent, PhD, of the AHA, and Jonathan Epstein MEMS, NRP, of the ARC. Other IOM workshop committee members in attendance were Dianne Atkins, MD of the University of Iowa Carver College of Medicine; Richard Bradley, MD of the University of Texas Health Science Center; Jeremy Brown, MD of the National Institutes of Health (NIH); and Marina Del Rios, MD of the University of Illinois at Chicago. Participants debated whether to target messaging toward people with prior CPR training, businesses, schools, places of worship, high-risk populations, people who spend time near AEDs and/or influencers. Ultimately, discussants settled on targeting the general public, with customized messaging, focusing on three key subgroups: laypersons, healthcare providers and policy-makers. Next Steps The next meeting of the “National Collaborative on Cardiac Arrest” is scheduled as a pre-conference meeting at the Emergency Cardiovascular Care Update in New Orleans, LA, in December 2017. The Bethesda meeting was the first official step toward formation of a collaborative of healthcare, government and nonprofit organizations that aspire to speak with one voice about cardiac arrest. The purpose of creating a formal collaborative is to unify the cardiac arrest field, identify common goals, build momentum and ultimately improve survival from cardiac arrest with good neurologic and functional outcomes. The rationale for limiting the size of the preliminary planning meeting was to enable organizers to construct the framework for the collaborative–exploring objectives, operational structures, funding models, and membership criteria. The vision is for members to work collaboratively on joint objectives, while at the same time maintaining organizational independence and preventing duplication of efforts.last_img read more

Mississippi State falls in Orange Bowl to Georgia Tech

first_imgMIAMI GARDENS, Fla. – As Wednesday afternoon faded into night, Dak Prescott emerged from the south tunnel.Mississippi State’s quarterback began pacing the field at Sun Life Stadium, soaking in the atmosphere before kickoff: glancing at the still-empty stands, occasionally looking up at the stormy gray clouds above. He stopped when he reached midfield.The Orange Bowl logo was beneath his feet.Prescott and Mississippi State had done so much to get there.But just getting to Mississippi State’s first Orange Bowl since 1941 wasn’t enough.“Personally, it’s not a successful season unless we end it with a win,” Prescott said earlier in the week. “We’ve done a lot of great things this season, a lot of firsts, a record-breaking season obviously, but without finishing it with a win, I don’t think it will be successful so it’s very important that we do that.”A year filled with shattered records, heart break, hard-to-forget moments and celebration ended in Miami with a 49-34 loss to No. 10 Georgia Tech.It ended with MSU coach Dan Mullen, the Maxwell Football Club Coach of the Year, shaking head on the sideline.It ended in failure, according to Prescott’s standards.Even with the disappointing defeat, it’d be hard to call it that.However, finding the correct word is difficult. Memorable seems fair.Sure, it wasn’t the ending Prescott wanted – or imagined just months ago – but it will still stand as one of the most memorable seasons in Mississippi State history.It started with whispers in summer camp: talk of conference championships and high expectations.Still, there were some doubters.By October, it into seemingly legitimate talk of a national title.The Bulldogs snapped a 15-year losing streak to LSU in Baton Rouge – in Prescott’s home state against the team, like so many others, who passed him up as a two-star high school prospect.In all, Prescott 12 single-season school records and, at a point, was a Heisman Trophy favorite.What followed after LSU was two-straight wins over top-10 teams, No. 6 Texas A&M and No. 2 Auburn, to claim the team’s first-ever No. 1 ranking – where the Bulldogs remained for five-straight weeks.Then came the spotlight, and the national media.There were ESPN “College GameDay” visits, Sports Illustrated covers and more.Georgia Tech ended it all on a sour note for, pounding Mississippi State with its relentless rushing attack.Contact Riley Blevins at (601) 961-9344 or [email protected] Follow @Riley_Blevins on Twitter.last_img read more