Day: November 21, 2019

Trump Says He Asked Apple’s Cook to Look Into Helping Build 5G in US

U.S. President Donald Trump said in a tweet on Thursday morning he had asked Apple CEO Tim Cook to look into helping develop telecommunications infrastructure for speedy 5G wireless networks.

During my visit yesterday to Austin, Texas, for the startup of the new Mac Pro, & the discussion of a new one $billion campus, also in Texas, I asked Tim Cook to see if he could get Apple involved in building 5G in the U.S. They have it all – Money, Technology, Vision & Cook!l

— Donald J. Trump (@realDonaldTrump) November 21, 2019

During his visit to a Texas plant on Wednesday, Trump met with Cook and asked “to see if he could get Apple involved in
building 5G in the U.S. They have it all – Money, Technology, Vision & Cook!” Trump wrote in a tweet.
 

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Ex-White House Adviser to Urge Lawmakers to Reject False Urkaine Narrative

 A former White House official on Thursday will call on some lawmakers investigating impeachment of U.S. President Donald Trump not to perpetuate the “alternative narrative” that Ukraine, not Russia, interfered in the 2016 U.S. election, according to her prepared remarks.

“I would ask that you please not promote politically driven falsehoods that so clearly advance Russian interests,” Fiona
Hill, the former senior director for European and Russian Affairs on Trump’s National Security Council, wrote ahead of her public appearance.
 

 

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Son of Egypt’s Former President Mubarak Says Mother Ill

One of the sons of Egypt’s former autocratic President Hosni Mubarak says his 78-year-old mother and former first lady is in hospital.

Alaa Mubarak tweeted late Wednesday that Suzanne Mubarak was in intensive care but didn’t elaborate on her illness. He sought to reassure his followers and tweeted: “Things will be fine, God willing!”

During Hosni Mubarak’s 30-year-long rule, his wife had enjoyed significant political power and championed several projects, including efforts to eradicate female genital mutilation.

The 91-year-old Mubarak was ousted in the 2011 uprising that swept Egypt as part of the Arab Spring movements across the region. He was sentenced to life imprisonment but later retried and subsequently acquitted and released in 2017.

Mubarak’s two sons, Alaa and Gamal, were both convicted and served terms for corruption.

 

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Korean Startups Expand to Vietnam, a Kindred Spirit

South Korean startups are banking on their country’s similarities with Vietnam — a shared popular obsession with education, similar rituals, a history of a divisive civil war, and a current focus on manufacturing and integration with international trade — to give them an advantage in expanding their business there as Vietnam looks to follow in South Korea’s steps to become one of the next Asian tigers.

South Korea is already a big investor in the Southeast Asian nation, however now it is startups in areas like cosmetics and hotel smartphone apps that are joining in on the investment.

“I think Vietnam startup [investment] is really going up now,” Jisoo Kang, chief executive officer of Fluto, a South Korean startup that conducts user testing on digital products, said.

The skyline is seen in Seoul, South Korea, where startups believe their common culture with Vietnamese will help them expand to the Southeast Asian nation.
While South Korean behemoths have conquered international television and automobile markets, the next phase of growth is in developing nations such as Vietnam.

Next conquest

While South Korean behemoths have conquered international television and automobile markets, the next phase of growth is in developing nations such as Vietnam. Its gross domestic product growth rate is 7% annually, compared with South Korea’s growth rate of 2%.

However, the path taken by Korean behemoths could also help startups. A Korean logistics startup called 2Luck said it would look for opportunities to cooperate with companies already in Vietnam’s industrial sector.

“There are many Korean manufacturers here,” Kim Seungyong, chief executive officer of 2Luck, said.

His company aims to increase logistics efficiency by, for example, connecting truck drivers who have delivered cargo with clients for their return trips.

Other startups are looking at commonalities between Vietnam and South Korea; Vietnamese give high ratings for everything from Korean pop music to Korean drama shows, and intermarriage between the two nationalities is common.

Approach to education

One commonality is education. Just as Korean students obsess over tests and spend hours outside of school preparing for them, so too do their Vietnamese counterparts, and Vietnam has the high international test scores to show for it. The KEII Platform, an education company, calls itself South Korea’s first “edtech,” or education technology, business, and its services include teaching math to students via video and having students record themselves doing math on a smartphone app.

“We want to be the No. 1 education platform in Vietnam,” Peter Lee, chief executive officer of the KEII Platform, said in October.

However they have a lot of competition — they are not the first startup to seek opportunity in the market for education services. Vietnamese companies such as Topica, Elsa, and Yola are in the market here already.

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In Iraq Protests, at Least 2 Killed and 38 Wounded

Two people were killed and 38 wounded early Thursday when Iraqi security forces fired tear gas canisters at protesters near two key bridges in Baghdad, security and medical sources said.

The cause of death in both cases was tear gas canisters aimed directly at the head, the sources said.

One protester was killed near Sinak bridge and the other near the adjacent Ahrar bridge, police said.

Hospital sources said some of the wounded protesters had injuries from live ammunition and others were wounded by rubber bullets and tears gas canisters.

More than 300 people have been killed since the start of mass unrest in Baghdad and southern Iraq in early October, the largest demonstrations since the fall of Saddam Hussein in 2003.

The protests are an eruption of public anger against a ruling elite seen as enriching itself off the state and serving foreign powers, especially Iran, as many Iraqis languish in poverty without jobs, health care or education.

The unrest has shattered the relative calm that followed the defeat of Islamic State in 2017.

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