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Our son is on the computer 24/7, with YouTube, Netflix, Fortnite,” says R, the founder of a family business. “But he is the marketing head, he cannot do this at work. He gets mad when we confront him. We quarrel all the time. What do we do?” “Your son has digital addiction, so reasoning is futile,” I tell R. “You don’t argue with drug addicts—instead, they go to rehab. Go to addiction specialists.” “My wife and I were busy with the business, so we gave our son an iPad when he was born,” says R. “His yaya was supposed to use it for educational videos, but she watched her own movies. In grade school, we got him a smartphone and gaming devices. He said everyone in school had them.” This conversation came back to me when I read Dr. Victoria “Toyang” Ang-Nolasco’s book “Toddler Talking.” A developmental and behavioral pediatrician, Toyang, who was my student in college, says her mission is to “empower parents of babies and toddlers with effective parenting strategies, so they parent … [Read more...] about Smartphones and cocaine

TAIPEI  – Taiwan’s ASE Technology Holding Co Ltd, one of the world’s largest semiconductor testing and packaging firms, said on Wednesday that it would build a more advanced smart factory, as the industry continues to grapple with a labor shortage. The new factory in Kaohsiung, powered by U.S. chip designer Qualcomm Inc’s Snapdragon system, will be the first in the world to deploy a “5G mmWave new radio-dual connectivity standalone” network to improve speed, stability and equipment efficiency, the company said, marking the latest advance in ASE’s automation push. Apple Inc supplier ASE, which began investing in automated factories in 2015, told Reuters it planned to build 10 smart factories this year, reaching a total of 37 smart factories in Taiwan by the end of the year. “To counter the talent crunch and adapt to diverse customer requirements, ASE is accelerating its adoption of smart manufacturing technologies including automation,” the company said in a statement. The … [Read more...] about Facing talent shortage, Taiwanese chip test firm ASE boosts automation

Investors added another cycle of selling on Thursday as the dollar barely eased its stranglehold on currency markets, recession fears sapped stocks and bonds suffered more interest rate pain. After a partial rebound on Wednesday, U.S. stocks fell sharply. The Dow Jones Industrial Average fell 1.5 percent, the S&P 500 lost 2.1 percent to a new low for 2022, and the Nasdaq Composite dropped 2.8 percent, weighed down by big technology names such as Apple Inc and Amazon.com Inc. European stocks also suffered. The STOXX 600 share index was down 1.67 percent, even as the euro and the pound, hammered over the last week by UK debt concerns, recovered some ground, gaining 0.6 percent and 1.7 percent, respectively. China currency intervention talk was gathering momentum too, while Europe’s government bond markets were braced for the highest German inflation reading since the 1950s. Gilt selling also resumed a day after the Bank of England had dramatically intervened to try and quell … [Read more...] about ‘Pick-your-poison’: Wall Street sell-off resumes

Representative Image “This reminds me of Money 20/20 in Singapore,” said a fintech founder amidst the swarm of fintech enthusiasts at the Global Fintech Fest (GFF) held in Mumbai. Far from the startup capital Bengaluru, and in the heart of the financial capital of India, the founder was comparing GFF’s scale to the global fintech event held last at Singapore’s upscale Marina Bay Sands in 2020. He was not the only one to have felt so. Other founders too echoed the sentiment. If the Indian fintech ecosystem was looking for positive reinforcements to continue working in challenging times, GFF provided it amply. With a footfall of over 9,200 people attending, and a power-packed speaker line-up -- regulators, ministers, top bankers, and fintech founders across 5-6 parallel sessions for hours each day-- the fest gave the right feel of a mega event at a global scale. Close From the scale and grandeur, this was the perfect platform for fintechs to showcase why … [Read more...] about Global Fintech Fest: Founders get a starry reception, regulators talk business

Representatative image Driven by smartphone sales,  e-commerce platforms like Amazon, Flipkart, and others have recorded cumulative sales worth Rs 24,500 crore ($3.5 billion) in the first four days of the festive season, growing 30 percent over the same period last year, according to management consulting firm Redseer. “Much like last year, around 47 percent (around Rs 11,000 crore) of the gross merchandise value (GMV) is on account of phone sales as customers wait for the festive season deals to make the purchase,” said Ujjwal Chaudry, Partner at Redseer. With the spending on phones having gone up by 20 percent in the first four days of the festive season, compared to the corresponding period last year, the company estimated that around 1 crore phones will be sold by the end of this week. This rush to buy phones is being driven by offers on Apple iPhone 12, Apple iPhone 13, and OnePlus phones even as mobile phone sales saw a 10X jump during the period compared to business … [Read more...] about Smartphone bonanza drives e-commerce sales to Rs 24,500 crore in festive week: Redseer

A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 2,155.49 points on Friday, down 15.44 points, or 0.71 percent, from the previous trading day. [NEWS1] A tech rout that started in the United States hit Korea hard and dragged local IT companies down. The session on Friday in Seoul was choppy and indecisive, with big names hitting 52-week lows early in the day only to recover later in the day as institutional investors bought on a slight strengthening in the won and expectations of a recovery next year. Samsung Electronics fell to 51,800 won ($36) at 9:55 a.m., a new 52-week low and down 1.5 percent from the previous day's closing price, before bouncing back to close at 53,100 won, up 0.95 percent for the day. It has touched new 52-week lows for six consecutive trading days. The bearish investment sentiment came as the Korean tech company is projected to report a substantial fall in sales and profits during the third quarter, affected by the weak … [Read more...] about Tech retreat in U.S. drags Korea’s biggest names to recent lows

Share to Twitter Share to Linkedin Culture lovers have long ventured to Madrid in search of superb museums and art galleries. These days, however, the Spanish capital’s food scene is giving culinary go-tos like Barcelona and San Sebastián a run for their money. While visiting gourmands tend to favor Madrid for its Michelin-starred haute-cuisine credentials, local foodies are all about the less conspicuous spots that blend superb service and top-notch produce in a more low-key setting. Here are seven under-the-radar hotspots to add to your Madrid bucket list. Comparte Bistró Take an Andalusian chef, a French sommelier, and an address in Madrid’s lively, LGBTQ-friendly Chueca neighborhood, and what have you got? The answer is Comparte Bistró . Cádiz and Madrid are well represented here, as is Paris, of course. But more than anything it is that je ne sais quoi that two passionate young people like Mario Sánchez and Charlotte Finkel bring to … [Read more...] about 7 Under-The-Radar Restaurants To Add To Your Madrid Bucket List

With the recent openings of “The Children” and “Dry Land,” area theaters continue to launch their seasons on a high note — or, depending on how you look at it, a culturally attuned “low” note, one befitting their creative mandate. The Arvada Center is leading the way with Stephen Sondheim’s “Into the Woods” (through Oct. 9). Curious provokes with “Heroes of the Fourth Turning,” Will Arbery’s big, chilling reunion of the alum of a fictional Catholic college (through Oct. 15). The Denver Center’s theater company introduces audiences to playwright Lloyd Suh, staging the historically smart and smarting “The Chinese Lady,” about the first female immigrant to the United States (through Oct. 16). Each production sparkles, sparks or both. Even Sondheim and James Lapine’s musical about wishes, fairytales and growing up imparts plenty of lessons (but they’re so delightful you may forgive their sting). Now. two new regional premieres are strutting their theaters’ ambitions. If you see them … [Read more...] about In two fiercely acted regional theater premieres, the kids are anything but all right

Children form financial habits as early as ages 7 to 9, according to the National Financial Educators Council. However, their curiosity about money and how the economy works often starts even before that. Questions about the role of money in our lives can bring a panicked expression to the faces of some parents. They’re concepts that seem too complicated to explain or that you may not be entirely sure of yourself. Here are 10 common questions children are likely to ask you about finances—and some ideas on how to answer them like a pro. Key Takeaways Younger children, still learning the idea of money as a limited resource, are more likely to ask questions about why you can’t always just get more at the bank. As kids get older and ask about the price of various items, parents can introduce the basic concept of supply and demand. Teenagers are typically ready for more advanced financial concepts, such as how stocks work and the ways that people invest. Young Kids … [Read more...] about 10 Questions That Kids Ask About Money

The International Space Station. An app on the Apple store lets users see how many astronauts are in space at present. Called "How many people are in space right now", it is touted as the top internet source for keeping tabs on who is in Low Earth orbit. It has won praise from personalities like British billionaire Richard Branson, who founded space tourism company  Virgin Galactic “I look forward to one day soon when our Virgin Galactic astronauts names are up on howmanypeopleareinspacerightnow.com - including my children Holly and Sam of course," Branson was quoted as saying on the app's page on Apple. The application is only available for iOS users. A desktop search with the app's name takes one to a preview page . On top, it says there are 10 people in space right now and proceeds to give visitors their names as follows: 1) Kayla Barron (United States): The NASA flight engineer began her two-year training as an astronaut candidate in 2017. She was a member of the … [Read more...] about How many astronauts are in space right now? Their names and nationalities