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LG Adds Depth, Versatility To Commercial IT Portfolio With Innovative Cloud Computing Technologies

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LG Adds Depth, Versatility To Commercial IT Portfolio With Innovative Cloud Computing Technologies

LG Electronics USA Business Solutions announced the addition of new Thin Client and Zero Client solutions to its diverse portfolio of commercial monitors on display this week at InfoComm 2018 in Las Vegas. LG’s new cloud solutions bring added convenience, enhanced connectivity and security, as well as cost efficiency to the IT industry.

“As secure data transfer increasingly becomes a focal point in the IT industry, LG has expanded its highly-acclaimed commercial desktop monitor portfolio to include state-of-the-art client monitor and cloud solutions,” said Stephen K. Hu, Head of Commercial Monitors, LG Electronics USA Business Solutions.

“With seamless connectivity, highly secure cloud computing solutions and displays with incredible picture quality, LG’s broad portfolio of monitors is designed to meet the evolving needs of end users in a variety of industries.”

Cloud Computing Solutions

New at InfoComm 2018, LG is unveiling a suite of cloud monitor solutions, including Zero Client and Thin Client displays, designed with the IT professional in mind. LG’s Zero Client re-imagines computing by providing a centralized network management system that enables easy maintenance and streamlines operations. These units are designed to provide uncompromised display quality and up to five times faster performance than previous models. Unlike traditional monitors, LG Zero Client models provide built-in security with PC-over-IP (PCoIP), which internally manages software updates and greatly reduces the risk of virus, spyware and hacking because all data and memory are stored in the central data center. The monitors are connected over the corporate LAN cable, which also acts as a power supply. These features allow for a simplistic set-up. The only things required to get started on their LG Zero Client monitors are the keyboard and a mouse.

Even more, the LG Cloud Monitor system utilizes a Teradici® PCoIP® processor and Amazon WorkSpaces to deliver a powerful and secure virtual solution that broadens integrated computing beyond design labs to offices and classrooms. The Zero Client virtualization software enables a single server to support more monitors than previously possible. With no central processing unit or operating system, PCoIP Zero Clients greatly reduce the risk of viruses, spyware and hacking – proving to be a well-suited solution for security-critical organizations.

Within the Thin Client series, LG has introduced four new uniquely designed products. The 38CK900G Curved UltraWide Thin Client AIO (all-in-one) features a WQHD+ resolution (3840 x 1600) and curved LG IPS display for accurate color reproduction and outstanding picture quality from virtually any viewing angle, perfect for viewing data sheets or detailed images and drawings. The LG 24CK550W Thin Client AIO also features an IPS display with Full HD resolution (1920 x 1080) and Windows 10 IoT Enterprise for cutting-edge manageability and security. With a built-in webcam, speakers and AMD Ryzen 3 CPU in the 38-inch model, end users can rest assured knowing LG’s new thin client solutions enable an optimal multitasking performance.

The 14-inch Mobile Thin Client (model 14Z980) features an IPS display, 8GB RAM, 128GB SSD and stereo speakers all in a lightweight 2.19-pound design for those businesses seeking ultimate in power and portability. These displays join the LG CK500W Thin Client Box with 4GB RAM, 32GB SSD and Windows 10 IoT Enterprise for optimal connectivity. LG also offers businesses highly affordable PCoIP-support Zero Client options for convenient remote control capabilities. LG’s cloud monitors make a great addition to any education, healthcare, government or financial services business, where the utmost security of highly confidential data is crucial.

Small Format UHD Desktop Monitors

At InfoComm 2018, LG is also demonstrating its broad portfolio of desktop monitors for a wide array of industries. Leveraging its position as a world leader in 4K UHD displays, LG is unveiling its first 21:9 UltraWide® commercial monitor with 5K resolution (5120 x 2160 pixels) – the 34BK95U UltraWide WUHD 5K monitor with Nano IPS technology. By harnessing the power of smaller nanoparticles for the monitor’s light source, LG’s Nano IPS technology is capable of displaying 98 percent of the DCI-P3 color spectrum, which greatly enhances the intensity of on-screen colors for a more accurate and life-like viewing experience. With high dynamic range (HDR) support, the display is also capable of greater brightness, more shadow detail and richer colors.

The monitor also features a Thunderbolt 3 port, which enables the transmission of 5K resolution images at 60Hz with a single cable, catering to power users who seek fast video, audio and data transfers without a separate AC adapter. Available later this year, the 34BK95U is perfect for financial applications, content creators, programmers, and MacBook users looking for a powerful new monitor with superior picture quality. The LG 34BK95U joins LG’s expanded family of 4K UHD commercial monitors, including the 43-, 32- and 27-inch class units (models 43MU79, 32MU99 and 27MU58P, respectively).

Corporate Meeting Room Solutions

In addition to commercial monitors, LG offers a host of corporate meeting room solutions that cater to the varied needs of corporate and IT customers. Spearheading LG’s new product offerings are the advanced new LG IPS Interactive Digital Boards (IDBs) with 4K UHD picture quality. LG IDBs have advanced touch-enabled interfaces with precise writing performance that allows for multiple users to write simultaneously and freely share ideas with intuitive touch technology for maximum productivity and convenience. Key products in LG’s 2018 advanced video conference lineup combine LG’s longstanding expertise in premium picture quality with industry-leading technologies from partners such as Crestron, Cisco and Hoylu to deliver powerful, collaborative tools that provide end users efficiency and increase businesses’ bottom lines.

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UK seeks G7 consensus on digital competition after Facebook blackout

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UK seeks G7 consensus on digital competition after Facebook blackout 1

LONDON (Reuters) – Britain is seeking to build a consensus among G7 nations on how to stop large technology companies exploiting their dominance, warning that there can be no repeat of Facebook’s one-week media blackout in Australia.

Facebook’s row with the Australian government over payment for local news, although now resolved, has increased international focus on the power wielded by tech corporations.

“We will hold these companies to account and bridge the gap between what they say they do and what happens in practice,” Britain’s digital minister Oliver Dowden said on Friday.

“We will prevent these firms from exploiting their dominance to the detriment of people and the businesses that rely on them.”

Dowden said recent events had strengthened his view that digital markets did not currently function properly.

He spoke after a meeting with Facebook’s Vice-President for Global Affairs, Nick Clegg, a former British deputy prime minister.

“I put these concerns to Facebook and set out our interest in levelling the playing field to enable proper commercial relationships to be formed. We must avoid such nuclear options being taken again,” Dowden said in a statement.

Facebook said in a statement that the call had been constructive, and that it had already struck commercial deals with most major publishers in Britain.

“Nick strongly agreed with the Secretary of State’s (Dowden’s) assertion that the government’s general preference is for companies to enter freely into proper commercial relationships with each other,” a Facebook spokesman said.

Britain will host a meeting of G7 leaders in June.

It is seeking to build consensus there for coordinated action toward “promoting competitive, innovative digital markets while protecting the free speech and journalism that underpin our democracy and precious liberties,” Dowden said.

The G7 comprises the United States, Japan, Britain, Germany, France, Italy and Canada, but Australia has also been invited.

Britain is working on a new competition regime aimed at giving consumers more control over their data, and introducing legislation that could regulate social media platforms to prevent the spread of illegal or extremist content and bullying.

(Reporting by William James; Editing by Gareth Jones and John Stonestreet)

 

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Britain to offer fast-track visas to bolster fintechs after Brexit

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Britain to offer fast-track visas to bolster fintechs after Brexit 2

By Huw Jones

LONDON (Reuters) – Britain said on Friday it would offer a fast-track visa scheme for jobs at high-growth companies after a government-backed review warned that financial technology firms will struggle with Brexit and tougher competition for global talent.

Finance minister Rishi Sunak said that now Britain has left the European Union, it wants to make sure its immigration system helps businesses attract the best hires.

“This new fast-track scale-up stream will make it easier for fintech firms to recruit innovators and job creators, who will help them grow,” Sunak said in a statement.

Over 40% of fintech staff in Britain come from overseas, and the new visa scheme, open to migrants with job offers at high-growth firms that are scaling up, will start in March 2022.

Brexit cut fintechs’ access to the EU single market and made it far harder to employ staff from the bloc, leaving Britain less attractive for the industry.

The review published on Friday and headed by Ron Kalifa, former CEO of payments fintech Worldpay, set out a “strategy and delivery model” that also includes a new 1 billion pound ($1.39 billion) start-up fund.

“It’s about underpinning financial services and our place in the world, and bringing innovation into mainstream banking,” Kalifa told Reuters.

Britain has a 10% share of the global fintech market, generating 11 billion pounds ($15.6 billion) in revenue.

The review said Brexit, heavy investment in fintech by Australia, Canada and Singapore, and the need to be nimbler as COVID-19 accelerates digitalisation of finance, all mean the sector’s future in Britain is not assured.

It also recommends more flexible listing rules for fintechs to catch up with New York.

“We recognise the need to make the UK attractive a more attractive location for IPOs,” said Britain’s financial services minister John Glen, adding that a separate review on listings rules would be published shortly.

“Those findings, along with Ron’s report today, should provide an excellent evidence base for further reform.”

SCALING UP

Britain pioneered “sandboxes” to allow fintechs to test products on real consumers under supervision, and the review says regulators should move to the next stage and set up “scale-boxes” to help fintechs navigate red tape to grow.

“It’s a question of knowing who to call when there’s a problem,” said Kay Swinburne, vice chair of financial services at consultants KPMG and a contributor to the review.

A UK fintech wanting to serve EU clients would have to open a hub in the bloc, an expensive undertaking for a start-up.

“Leaving the EU and access to the single market going away is a big deal, so the UK has to do something significant to make fintechs stay here,” Swinburne said.

The review seeks to join the dots on fintech policy across government departments and regulators, and marshal private sector efforts under a new Centre for Finance, Innovation and Technology (CFIT).

“There is no framework but bits of individual policies, and nowhere does it come together,” said Rachel Kent, a lawyer at Hogan Lovells and contributor to the review.

($1 = 0.7064 pounds)

(Reporting by Huw Jones; editing by Jane Merriman and John Stonestreet)

 

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G20 to show united front on support for global economic recovery, cash for IMF

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G20 to show united front on support for global economic recovery, cash for IMF 3

By Michael Nienaber and Andrea Shalal

BERLIN/WASHINGTON/ROME (Reuters) – The world’s financial leaders are expected on Friday to agree to continue supportive measures for the global economy and look to boost the International Monetary Fund’s resources so it can help poorer countries fight off the effects of the pandemic.

Finance ministers and central bank governors of the world’s top 20 economies, called the G20, held a video-conference on Friday. The global response to the economic havoc wreaked by the coronavirus was at top of the agenda.

In the first comments by a participating policymaker, the European Union’s economics commissioner Paolo Gentiloni said the meeting had been “good”, with consensus on the need for a common effort on global COVID vaccinations.

“Avoid premature withdrawal of supportive fiscal policy” and “progress towards agreement on digital and minimal taxation” he said in a Tweet, signalling other areas of apparent accord.

A news conference by Italy, which holds the annual G20 presidency, is scheduled for 17.15 (1615 GMT)

The meeting comes as the United States is readying $1.9 trillion in fiscal stimulus and the European Union has already put together more than 3 trillion euros ($3.63 trillion) to keep its economies going despite COVID-19 lockdowns.

But despite the large sums, problems with the global rollout of vaccines and the emergence of new variants of the coronavirus mean the future of the recovery remains uncertain.

German Finance Minister Olaf Scholz warned earlier on Friday that recovery was taking longer than expected and it was too early to roll back support.

“Contrary to what had been hoped for, we cannot speak of a full recovery yet. For us in the G20 talks, the central task remains to lead our countries through the severe crisis,” Scholz told reporters ahead of the virtual meeting.

“We must not scale back the support programmes too early and too quickly. That’s what I’m also going to campaign for among my G20 colleagues today,” he said.

BIDEN DEBUT

Hopes for constructive discussions at the meeting are high among G20 countries because it is the first since Joe Biden, who vowed to rebuild cooperation in international bodies, became U.S. president.

While the IMF sees the U.S. economy returning to pre-crisis levels at the end of this year, it may take Europe until the middle of 2022 to reach that point.

The recovery is fragile elsewhere too – factory activity in China grew at the slowest pace in five months in January, hit by a wave of domestic coronavirus infections, and in Japan fourth quarter growth slowed from the previous quarter with new lockdowns clouding the outlook.

“The initially hoped-for V-shaped recovery is now increasingly looking rather more like a long U-shaped recovery. That is why the stabilization measures in almost all G20 states have to be maintained in order to continue supporting the economy,” a G20 official said.

But while the richest economies can afford to stimulate an economic recovery by borrowing more on the market, poorer ones would benefit from being able to tap credit lines from the IMF — the global lender of last resort.

To give itself more firepower, the Fund proposed last year to increase its war chest by $500 billion in the IMF’s own currency called the Special Drawing Rights (SDR), but the idea was blocked by then U.S. President Donald Trump.

Scholz said the change of administration in Washington on Jan. 20 improved the prospects for more IMF resources. He pointed to a letter sent by U.S. Treasury Secretary Janet Yellen to G20 colleagues on Thursday, which he described as a positive sign also for efforts to reform global tax rules.

Civil society groups, religious leaders and some Democratic lawmakers in the U.S. Congress have called for a much larger allocation of IMF resources, of $3 trillion, but sources familiar with the matter said they viewed such a large move as unlikely for now.

The G20 may also agree to extend a suspension of debt servicing for poorest countries by another six months.

($1 = 0.8254 euros)

(Reporting by Michael Nienaber in Berlin, Jan Strupczewski in Brussels and Gavin Jones in Rome; Andrea Shalal and David Lawder in Washington; Editing by Daniel Wallis, Susan Fenton and Crispian Balmer)

 

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