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Netflix CEO Hastings says no plans for cheaper India choices – NEWPAPER24

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Netflix CEO Hastings says no plans for cheaper India choices

2018-11-10 07:37:46

SINGAPORE: Netflix chief govt Reed Hastings mentioned that the streaming video firm had no plans for cheaper costs within the hotly aggressive India market and that an govt’s feedback suggesting in any other case had been “misunderstood”.

In an interview with Newpaper24 on Friday (Nov 9), Hastings famous that Netflix had three worth tiers in India: 500 rupees (US$6.90) for a primary plan, 650 (US$9.00) for the standard plan and 800 rupees (US$11) for premium. These costs are solely modestly decrease than what the corporate costs in america.

However in India, Hastings mentioned, “we see the everyday combine throughout these three plans that we see in lots of different international locations just like the US, which might point out that we don’t have a pricing concern. As a result of if it was, everybody could be on the lower cost plan.”

When requested instantly if that meant the corporate had no plans for decrease costs in India, he mentioned: “Right.”

Hastings’ feedback adopted a Singapore occasion the place the corporate launched 17 new unique productions for Asia, together with 9 for India. He mentioned native manufacturing was a key driver of latest subscribers in India and elsewhere, however he declined to supply particular figures on Asia subscriber numbers and progress.

Netflix launched in India two years in the past and has received followers amongst a younger, tech-savvy center class in a rustic the place video consumption of every kind is hovering. It scored an enormous hit in July with the discharge of “Sacred Video games”, a hard-boiled thriller constructed round Bollywood star Saif Ali Khan.

Native trade gamers, nevertheless, say Netflix’s costs will make it onerous to compete in opposition to home opponents like 21st Century Fox-backed Hotstar, Amazon’s Prime Video and satellite tv for pc TV supplier Tata Sky.

However Hastings mentioned Netflix might nonetheless thrive amid cheaper choices.

“Now it’s true that Youtube is free, and Amazon is principally free, and cable is extraordinarily cheap as a result of it’s ad-supported. To some extent that creates a client expectation,” he mentioned. However he added that the price of Netflix in India was “like going to the movie show 2-Three tickets a month, however you get to look at much more.”

PRICING EXPERIMENTS

Following Netflix’s October earnings announcement, chief product officer Greg Peters mentioned: “We’ll experiment with different pricing fashions, not just for India, however all over the world that may enable us to broaden entry by offering a pricing tier that sits beneath our present lowest tier.”

That was extensively understood to sign {that a} low-price plan was coming to India. However Hastings mentioned that was not the case.

“It obtained misunderstood as a call that we’re going to have decrease costs in India, which isn’t one thing we’re significantly considering,” he mentioned.

Hastings acknowledged the restrictions of the present pricing technique in a rustic the place per-capita earnings is a tenth of that in america.

“It’s true that if you happen to’re making an attempt to get to a billion households, that most likely wouldn’t work,” he mentioned. “However if you happen to’re centered on English-language, English-entertainment households, there’s a a lot larger earnings.”

He known as the high-end focus “a sensible, lifelike” place to start out and that the corporate finally hoped to focus on a broader viewers.

Netflix at the moment has greater than 130 million subscribers worldwide. Hastings has mentioned the India market might ship the subsequent 100 million subscribers.

(Reporting by Jonathan Weber; Modifying by Nick Macfie)

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Donald Trump scoffs at report about secret North Korea missile bases, calling them ‘regular, nothing new’ – NEWPAPER24

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Donald Trump scoffs at report about secret North Korea missile bases, calling them ‘regular, nothing new’

2018-11-13 18:28:40


US President Donald Trump stated Tuesday that america was conscious of undeclared North Korean missile bases revealed by US researchers this week however insisted all was superb.

“We absolutely know concerning the websites being mentioned, nothing new – and nothing occurring out of the conventional,” Trump wrote on Twitter.

North Korea hiding bases that would launch nuclear missiles at US

“I would be the first to let you realize if issues go dangerous!” he stated.

Researchers on the Centre for Strategic and Worldwide Research, a distinguished Washington suppose tank, on Tuesday stated that satellite tv for pc imagery had discovered 13 missile bases undeclared by North Korea.

The bases can be utilized to cover cellular, nuclear-capable missiles, the research stated, warning that North Korea may protect the websites – and the flexibility to assault – even because it negotiates with Trump on a probably landmark accord.

Trump described a report on the findings by The New York Occasions as “inaccurate” and “pretend information.”

The 13 websites in query are amongst an estimated 20 bases, small and dispersed throughout North Korea, which might be believed to have underground amenities containing cellular launchers that may be rapidly dispersed to different areas, based on the report from Past Parallel, a gaggle on the Centre for Strategic and Worldwide Research.

Though not designed as launch websites, the bases might be used to launch short-range in addition to intercontinental ballistic missiles, based on the report.

The report’s findings appeared to undermine the Trump administration’s claims that its outreach to Pyongyang is making progress in getting Kim Jong-un’s regime to surrender its nuclear weapons programme. However specialists argue that the nation hasn’t made any dedication to dismantle such missile bases but, so the truth that it might keep them doesn’t in itself characterize a breakdown in talks with the US.

South Korean officers additionally performed down the report’s findings, as did John Bolton, the US nationwide safety adviser.

“I don’t touch upon issues that will or not pertain to intelligence,” Bolton advised reporters Tuesday on the sidelines of regional summits in Singapore. “Clearly, we’re very properly conscious of what’s happening in North Korea.”

However Senator Edward Markey, a Massachusetts Democrat who sits on the International Relations Committee, stated in a press release that Trump was “getting performed by Kim.”“We can not have one other summit with North Korea – not with President Trump, not with the secretary of state – until and till the Kim regime takes concrete, tangible actions to halt and roll again its nuclear weapons and ballistic missile programmes,” Markey stated in a press release Monday.

Extra reporting by Newpaper24



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China reveals J-20 stealth fighter’s missile carrying functionality at Zhuhai air present – NEWPAPER24

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China reveals J-20 stealth fighter’s missile carrying functionality at Zhuhai air present

2018-11-13 18:21:44


The Chinese language air power has displayed its first stealth fighter jet’s capacity to hold missiles to be used in high-speed flight for the primary time on the nation’s greatest air present, in an try to indicate China has the following most superior fight functionality after the USA.

Two of the power’s 4 J-20 jets opened their missile bay doorways throughout a fly-past on the biennial Airshow China in Zhuhai, within the southern province of Guangdong, every jet displaying 4 medium and long-range air-to-air missiles within the underside fundamental bays and a short-range fight missile on both sides of the plane.

The demonstration on Monday – the air power’s 69th anniversary – confirmed all of the doorways could possibly be easily opened inside a second, whereas the J-20s remained in high-speed circulating flight, which might be obligatory if launching missiles throughout air battles.

Nevertheless, it stays unclear whether or not the J-20 is ready to launch missiles in high-speed flight. Xu Anxiang, deputy commander of the Folks’s Liberation Military air power, stated the demonstration had indicated that the J-20 “has preliminary operational functionality”.

“The potential to open bay doorways throughout a high-speed fly-past remains to be a difficult and superior know-how and functionality, as a result of even Russia’s new-generation Su-57 stealth fighter jet remains to be incapable of doing it,” stated a army insider who requested anonymity.

Solely the USA air power’s F-22 Raptor and F-35 Lightning II stealth fighter jets have confirmed capable of open missile bay doorways and launch missiles throughout high-speed flight.

China’s new jet engine immediately takes air fight in a complete new course

A information report concerning the J-20 aired Tuesday on state tv didn’t point out the missile carrying options, however provided particulars about new enhancements which permit the fighter to be refuelled mid-flight.

A technician interviewed on the China Central Tv broadcast stated a receptacle on the fitting aspect of the fuselage is hidden beneath the pores and skin of the plane to take care of stealth capabilities. Stealth plane have pores and skin that’s designed to minimise radar wave reflections to assist keep away from detection.

“This implies J-20 has a fair longer vary and bigger fight radius,” the technician stated, including that with a big inner gas tank, the J-20 is predicted to have a fight radius of greater than 1,100km.

Navy analysts stated Monday’s flying show was aimed toward displaying the air power’s muscle, regardless that all of the missiles held on the plane had been simulation fashions and it could take a number of years for the stealth plane to be geared up with tailored highly effective engines.

Three of the J-20s – which appeared in a six-minute show final Tuesday on the opening of the Zhuhai air present – had been nonetheless geared up with Russian AL-31 Saturn engines, which don’t present it with sufficient thrust.

The WS-15, a purpose-built thrust engine for the J-20, remains to be beneath growth that might take a number of years, requiring the plane to be geared up with the Russian engines for security causes, the insider stated.

Initially the J-20s had been fitted with WS-10B engines, which had been designed for the sooner generations of J-10 and J-11 fighters.

A modified model of the J-10B powered by WS-10B engines gave an indication on the air present of its superfast manoeuvrability, together with its J-turn, Cobra, and “falling like a leaf” strikes.

“It’s inconceivable for the J-20 to make these superfast manoeuvres just like the modified model of the J-10B, due to a scarcity of thrust,” Macau-based army observer Antony Wong Dong stated, including that creating the thrust model of the J-10B had taken practically three a long time.

“Even when the WS-15 is prepared, it would nonetheless take extra time for the J-20 to turn out to be a totally combat-ready stealth plane after complete fight drills.”

Hong Kong-based army commentator Track Zhongping stated some facets of the design of the J-20 had been extra superior than these of the American F-22 stealth fighter jets – which joined the US air power in 2005 – though the J-20 lagged behind the F-35 in each stealthiness and superior materials.

“China began creating the J-20 within the late 2000s, so engineering designers may study one of the best designs and keep away from the shortcomings of the F-22 – that’s why the design of the J-20’s bay doorways is healthier than that of the F-22, with flip-over doorways rising the plane’s stealthiness,” stated Track, a army commentator for Hong Kong’s Phoenix Tv.

China’s new J-20 stealth fighter engine a no-show at Zhuhai air present after it fails reliability checks

“The J-20s simply joined the PLA air power final 12 months, whereas the F-22s and F-35s have served within the US air power for for much longer, being modified after many rounds of complete fight drills. So the J-20s additionally want extra time to be changed into actual stealth fighter jets after the WS-15 thrust engine is prepared.”

The F-22 has undergone a serious improve since becoming a member of the US air power greater than a decade in the past, together with including air-to-air superior missiles, in addition to different refined radar and community info applied sciences.

The J-20 made its public debut on the Zhuhai air present in 2016, earlier than formally becoming a member of the PLA air power in March final 12 months.

Further reporting by Liu Zhen



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Medical watchdog faces questions after revelations physician arrested over suspected Botox dying was concerned in deadly magnificence therapy case in 2003 – NEWPAPER24

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Medical watchdog faces questions after revelations physician arrested over suspected Botox dying was concerned in deadly magnificence therapy case in 2003

2018-11-13 15:00:01


Hong Kong’s medical watchdog faces scrutiny over a call to revive a veteran plastic surgeon’s licence after he was arrested over a suspected deadly Botox injection – regardless of having being concerned in one other deadly magnificence therapy case 15 years in the past.

Dr Franklin Li Wang-pong was arrested on Monday for breaching the damaging medication ordinance and deceptive police following the dying of high banker Zoe Cheung Shuk-ling, 52, who died after receiving Botox injections at Li’s clinic contained in the Grand Centre in Tsim Sha Tsui the day before today.

Swiss non-public financial institution Julius Baer on Tuesday confirmed Cheung was a managing director and senior relationship supervisor on the financial institution and expressed their “deepest condolences” to her household.

Business sources stated the sufferer was previously a veteran at Merrill Lynch, which had 18 of its worldwide wealth administration companies acquired by Julius Baer in 2015.

Lam Yuen-ling, chief inspector of Yau Tsim district, stated on Monday harmful medication had been discovered on the clinic, which didn’t hold a register of drug portions it held, as required by legislation. Li was additionally stated to have modified his story concerning the incident on Sunday night.

The cost of breaching the damaging medication ordinance carries three years of imprisonment and a effective of HK$450,000, whereas deceptive police dangers most imprisonment of six months and a effective of HK$1,000.

Li, who was concerned in a deadly liposuction process in 2003, had his licence suspended by the Medical Council for 5 months in 2009 after the unbiased physique that regulates native medical doctors discovered him responsible {of professional} misconduct.

Piano trainer Lam King-fong, 70, collapsed throughout a process at Li’s clinic and died quickly after. The coroner dominated she died from misadventure.

Dr Tse Hung-hing, who was a member of the Medical Council between 2000 and early this yr, questioned why Li’s licence was restored.

“This physician’s licence was suspended however then he made related errors once more. It looks like he hasn’t modified,” Tse stated. “If his licence had nonetheless been suspended, maybe this girl wouldn’t have died.”

The well being minister Professor Sophia Chan Siu-chee stated she believed the Medical Council had skilled autonomy and would assessment every utility of licence restoration strictly.

A suspended physician would wish to use to the Medical Council to reinstate his or her licence. A committee of 13 members would look into the applying.

Tse, who was a council member when Li utilized to revive his licence, couldn’t bear in mind whether or not he was a part of that committee.

“If I used to be, I might really feel very responsible pondering I might need prompted this girl’s dying,” he stated.

In the meantime, authorized consultants stated a health care provider concerned in a deadly medical therapy wouldn’t essentially bear prison legal responsibility, regardless of the case of DR Group boss Dr Stephen Chow Heung-wing.

Chow was jailed for 12 years for manslaughter final December after a girl died from an experimental most cancers remedy offered to her as a well being increase in 2012. A technician was additionally jailed for 10 years.

Barrister Albert Luk Wai-hung stated the authorized threshold for manslaughter was excessive, as prosecutors needed to show the physician had breached obligation amounting to “gross negligence” and that such negligence was “a considerable reason behind dying”.

“Medical consultants must be referred to as to evaluate whether or not the physician carried out professionally in the course of the therapy and if the physician had foreseen doable therapy dangers and revealed them to the sufferers,” Luk stated.

Further reporting by Enoch Yiu



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