Showing posts with label Watch. Show all posts
Showing posts with label Watch. Show all posts

Friday, December 15, 2017

Facebook to use its News Feed to compete more directly with YouTube


SAN FRANCISCO - Facebook Inc said on Thursday it would begin to promote videos more prominently inside its News Feed, leveraging the social network's centerpiece product to build interest in episodic shows and compete more directly with YouTube.

Facebook, in a blog post, also said it was tweaking the kinds of advertisements that run in videos on the network.

Facebook's News Feed, which comprises posts from friends and businesses, is the first thing its 2.1 billion users see when they open the mobile app or go to the website, making it valuable online real estate.

A complex ranking system determines which posts people see first, and last year, Facebook released a statement of "News Feed values" emphasizing that posts from friends and family would come first.

Facebook, though, is investing more money in video. In August it created a video service, called Watch, initially with shows from the likes of Vox and Discovery Communications Inc but with plans to let people submit shows as they do on Alphabet Inc's YouTube.

With the update, people in the News Feed are more likely to see videos that Facebook thinks they want to watch, based on their search history and pages they have liked. They will also see new episodes of a show if they watched an earlier episode.

"Engaging one-off videos that bring friends and communities together have always done well in News Feed and will continue to do so," the company said in the blog post.

Though Facebook's revenue is growing quickly and the number of users worldwide is still rising, the company is struggling to keep people spending time on the site and sees video as a possible answer, Pivotal Research Group analyst Brian Wieser said.

"They see that YouTube is still growing, rapidly. Facebook is not. So you can make the argument that they're trying to increase total time spent," Wieser said in an interview.

One advertising change announced by Facebook could also increase time spent. In its blog post, Facebook said it would no longer allow ads in the middle of videos unless the videos are at least three minutes long, which Wieser said may encourage companies to produce longer videos.

Facebook also said that next year it would begin testing ads in its Watch service that run at the beginning of videos, known as pre-roll ads, something the company previously avoided.

source: news.abs-cbn.com

Sunday, February 12, 2017

7 Valentine's Day gifts that last

MANILA - Valentine’s Day is just a heartbeat away. Are you planning on giving chocolates and flowers again to your special one?

Although romantic tokens are always popular, why not consider gifts that will last beyond Valentine’s Day and make a lasting impact on your significant other’s life? These gifts reflect long-term thinking and express your deep concern.

Unlike presents that you can just pick up from a store, these gifts entail a bit of research or “digging” on your part, which show that you are willing to give the gift of time and security to your loved one.


 Here are seven gifts that will clearly show you are "investing" in your relationship.

1. Art.

Artwork by the masters is always valuable, but if you can’t afford one, there are plenty of other equally promising pieces. An art piece, especially by an up and coming artist, is a gift whose value can grow over time. This is not limited to paintings, but also to sculpture and other art forms.

The best part? Works of art come in different price points, so you can acquire one within your budget, Spend time in galleries and check out art exhibits to get a feel of what’s out there. Make sure to do your research before you buy anything. Make sure that you get a piece according to your partner’s taste.

2. Jewelry.


The best thing about jewelry is that they are not only very romantic when given as a gift, they also appreciate in value. Gold prices, for instance, have been rising over the past few years, so you can pick up a ring, necklace, or earrings that your loved one will like. Diamonds and precious stones can likewise appreciate over time. Before buying jewelry, check out an appraiser so you know you’re getting something of value that will appreciate over time.

3. Expensive time pieces.

If your loved one likes time pieces, get a top-end watch. Usually, these are mechanical, handcrafted pieces that are laden with precious stones. Unlike new models, these pieces can last through generations while keeping their value. Do some research to know what these pieces and brands are.

4. Mutual funds.


Mutual funds may not exactly sound romantic, but when you give this to a loved one, you are showing long-term concern. The nice thing about mutual funds is that you can put in an amount that you are comfortable with. Later on, you can continue to top up this amount or you can leave it to your loved one to continue doing so.

Mutual funds can be invested in a variety of instruments with different risks that suit the recipient’s profile. You can get these at any financial institution, whose experts can readily answer your questions.

5. Home improvement.


Show your love by investing in a home improvement program, which will not only help improve the atmosphere that contributes to your loved one’s well-being, but can also improve the value of your home. Don’t just focus on beautification. You can also find ways to make full use of your land and invest in disaster-proofing your home, which are steps that can definitely add to its value.

6. Skills enhancement.


Enroll your loved one in a program that can enhance or upgrade his or her skills, possibly in new fields. Learning is a lifelong process, and the benefits of joining this program is sure to last for a long time. There are many options available to suit different inclinations and learning priorities. You can check out online courses, as well as face-to-face workshops offered by universities and other skills training providers.

7. Wellness programs.

Your loved one’s physical, mental, and emotional well-being is important to his/her happiness. It also ensures good health and freedom from costly medications. For Valentine’s, why not enroll your loved one in a gym or a fitness program? Alternatively, yoga classes or a visit to the spa for alternative treatments are also good for physical, mental, and emotional well-being.

For this coming Valentine’s Day, give a gift whose positive effect will last for more than a day. This is a sign of true love and a real gesture of a lifetime.

---

Grow Your Money is an editorial partnership between news.abs-cbn.com and Citi Philippines to promote financial education and provide helpful information to Filipinos on how to better manage their personal finances.

Visit www.citibank.com.ph for more information.

source: news.abs-cbn.com

Thursday, December 22, 2016

Swatch goes into car batteries as investors question strategy


ZURICH - Three years ago, Swatch Group was riding high. The world's largest watchmaker, known for its colorful plastic watches as well as upscale brands including Breguet, reported record gross sales.

Then in several newspaper interviews in 2015 and in early 2016, chief executive Nick Hayek announced that he was taking the company in a new direction, launching a battery for electric vehicles with the goal of reaching $10-15 billion sales by 2020.

Investors called the plan expensive and unrealistic and with 2016 group sales predicted to be below last year's 8.45 billion Swiss francs ($8.36 billion), inventory rising and Hayek refusing to announce savings despite slowing sales, they are questioning the group's strategy.

Urs Beck, a fund manager at EFG Asset Management who has Swatch among his top 10 holdings, said Hayek had lost some credibility with investors because his forecasts had not always come true.

"When he says 10, you know it can be 5," Beck said.

"There is little information on the Swatch battery. Hayek is known for giving fancy forecasts that often only materialize in the long term."

Carine Menache, who runs a family investment company and has Swatch among her biggest holdings, said it had not been an easy ride, but she had nevertheless added to her position when the share price fell below 250 francs in August.

"It seems to be coming back, but hope is not an investment strategy," she said, adding that Hayek was a good manager but should diversify more into luxury accessories and launch more limited editions or smartwatches.

"I have not heard that they were cutting costs, but they should probably do that."

A spokesman for Swatch Group declined to comment on criticism of its strategy but said in an emailed statement the company was not planning to reduce production capacity now or in the future.

The share price has fallen by 12 percent so far this year on top of a 21 percent drop last year. That compares to 7 and 19 percent declines respectively at rival Richemont. Swatch trades at a 17 percent discount to Richemont relative to 12-month forward earnings.

At over 20 percent, short interest in Swatch's bearer shares is no longer at the peaks seen earlier this year, but still high, IHS Markit data shows, reflecting short sellers' expectation that the shares will fall further.

TIMETABLE UNREALISTIC


The car battery has been jointly developed by Belenos Clean Power, in which Swatch holds a 51 percent stake, and the Swiss Federal Institute of Technology (ETH) in Zurich.

Car batteries are an attractive growth market if numbers of electric vehicles (EVs) explode to two-thirds of all cars by 2030 in wealthy cities, as several studies predict.

But it is also a highly competitive field, where heavyweights like Tesla and Panasonic invest billions to gain scale and bring down costs for the currently dominating Lithium-ion batteries.

Prototypes are being produced at Swatch's Renata battery unit near Basel but have not yet been presented to investors who are waiting for signs of progress.

"The timetable seems unrealistic to me. It is impossible to get from zero to 10 billion sales within just three years," said Paul Wyser, owner of Swiss battery maker Wyon and a former Swatch Group manager who still owns some shares.

"Battery development takes time because of the comprehensive safety tests. You also need to see if it works over the long term."

Technical details have also been scarce. Swatch has said that the new battery uses a vanadium pentoxide compound for the cathodes and a new electrolyte composition, giving it higher energy density, a longer life span, shorter recharging times and a better safety profile than conventional batteries.

Wyser said vanadium pentoxide was available and cheap, but was just one of many materials being tested for car batteries at the moment with an uncertain outcome.

Hayek, who declined to comment for this article, has said publicly that the battery could generate revenue of $10-15 billion by 2020, from use in cars, e-bikes, e-scooters and drones.

EXPENSIVE DEVELOPMENT


Others have questioned the cost associated with the project.

"You need to invest a lot before you get a return," Vontobel analyst Rene Weber said.

Swatch has not provided any financial details on the project, but Hayek said in a newspaper interview that it signed a memorandum of understanding with Chinese car maker Geely in May and that the battery could be jointly produced in China from early 2017 if tests were successful.

But Geely sounded a cautious note: "This is one of many projects, we work with a lot of suppliers," spokesman Ashley Sutcliffe told Reuters by phone.

"It's early stages for both parties right now. Whether we'll develop it together or invest in the project, that is all too far away."

Beck said the outlook for the project was not clear.

"Investors do not have any figures, just this long-term fantasy that something could come of the cooperation with Geely...There are so many joint venture partners, that even if the project becomes a success, Swatch Group will probably only get a small share of it," he said.

Nevertheless, Beck said liked the Swatch's long-term approach and even the high inventory levels.

"It is when the cycle is at its lowest that you can gain market share and Swatch Group is well positioned for that," he said.

source: news.abs-cbn.com

Wednesday, December 7, 2016

Time runs out for smartwatch pioneer Pebble


SAN FRANCISCO - Smartwatch pioneer Pebble announced Wednesday it was shutting down, with tech wearables giant Fitbit acquiring some of its assets including key personnel.

"Due to various factors, Pebble is no longer able to operate as an independent entity. We have made the tough decision to shut down the company and no longer manufacture Pebble devices," Pebble founder Eric Migicovsky said in a statement.

Pebble, one of the early makers of connected watches which has sold some two million devices since launching in 2012, said that "many members of Team Pebble will be joining the Fitbit family to continue their work on wearable software platforms."

A separate statement from Fitbit said it had acquired "specific assets of Pebble, including key personnel and intellectual property related to software and firmware development," but not the company's hardware product.

Terms of the deal were not announced.

"With basic wearables getting smarter and smartwatches adding health and fitness capabilities, we see an opportunity to build on our strengths and extend our leadership position in the wearables category," said Fitbit chief executive James Park.

"With this acquisition, we're well positioned to accelerate the expansion of our platform and ecosystem to make Fitbit a vital part of daily life for a wider set of consumers, as well as build the tools healthcare providers, insurers and employers need to more meaningfully integrate wearable technology into preventative and chronic care."

Pebble was among the early developers of smartwatches, raising money on the Kickstarter crowdfunding platform. Its 2015 drive raised a record $20.3 million.

The deal comes with Fitbit leading the pack of connected wearables makers, but with its stock slumping.

Fitbit shares rose slightly to $8.02, well off its highs last year above $50.

A report this week from research firm IDC shows Fitbit with 23 percent of the global wearables market in the third quarter, shipping some 5.3 million devices including fitness bands and smartwatches.

IDC said 85 percent of the market remains "basic" wearables with a single function such as fitness tracking, with sluggish growth in the market for more complex devices that have their own applications like the Apple Watch.

source: news.abs-cbn.com

Tuesday, November 15, 2016

LOOK: Patek Philippe watch fetches record $11M at auction


A stainless steel Patek Philippe watch has sold for a record $11 million (10.2 million euros) in Geneva, an auction house said Monday.

The piece from the Swiss company's 1518 series sold on Saturday for 11,002,000 Swiss francs following a 13-minute bidding war, according to a statement from Phillips, a leading watch auction firm based in London.

When Patek Philippe introduced the 1518 series in 1941, they were the first-ever perpetual calendar chronographs, meaning they were the first timepieces that had both a stop-watch function as well as a calendar designed to keep track of dates for centuries, with leap years factored in.

The piece sold on Saturday was made in 1943, Phillips said, calling its sale price "a new world record for any wristwatch at auction", which more than tripped the pre-sale estimate.

Neither the buyer, nor the seller were identified.

A total of 177 watches were sold over weekend in the Swiss city, fetching $27.5 million collectively.

source: www.abs-cbnnews.com

Saturday, June 25, 2016

LOOK: Liam Hemsworth's watch in 'Independence Day: Resurgence'


MANILA -- If there's an alien invasion and you find yourself in a time-sensitive mission, what would you bring? A high precision watch, of course.

That is why in 20th Century Fox's new blockbuster movie "Independence Day: Resurgence," Hollywood heartthrob Liam Hemsworth did not forget his Khaki X-Wind automatic chronograph when he attacked the alien base to save the world from annihilation.


Founded in 1892, Hamilton has established itself as the watch that embodies American spirit with the precision of the latest Swiss movements and technologies.

Due to their distinct designs and high precision, Hamilton watches have earned appearances in over 450 films, not just in Hollywood but also in other major productions in Europe, China, and Russia.


In 1951, Hamilton watches had their debut appearance in the movie "The Frogmen." This was followed by "Blue Hawaii," "2001: A Space Odyssey," and the "Men in Black" trilogy.

It also appeared on "You Got Mail," "A Beautiful Mind," "Pearl harbor," "I am Legend," "Die Hard 4.0," "A Good Day to Die Hard," "Jack Ryan: Shadow Recruit," and "Interstellar."

In the action-packed "Independence Day: Resurgence," Hamilton watches were also worn by Jeff Goldblum, Bill Pullman, and James A. Wood.


Directed by Roland Emmerich, "Independence Day: Resurgence" opened in the Philippines on Wednesday.

It also features Maika Monroe, Travis Trope, William Fichtner, Charlotte Gainsbourg, Judd Hirsch, Jessie usher, Sela Ward, Brent Spiner, Vivica A. Fox, and Angelababy.

source: www.abs-cbnnews.com

Saturday, December 12, 2015

LOOK: Top pick watch models to complete your wish list


Omega, Audemars Piguet and Patek Philippe are some of the most celebrated and highly-patronized watch brands in the world. These companies' innovative designs have already proven a lot not just on their aesthetic appeal but also on their practical use.

With the wide selections of these companies' watch models, for sure you will have a hard time picking the best watch for you. So here to help you choose your next 'time perfect' watch, this episode of ANC's Executive Class listed 3 pairs of top pick watch models.

source: www.abs-cbnnews.com

Tuesday, December 8, 2015

Christmas gift idea: Philip Stein's Legacy Petite watch


MANILA – This new watch collection is made available exclusively in the Philippines first, just in time for the holiday season.

Philip Stein’s Legacy Petite watches are as chic and elegant as its predecessors and come in two styles – the stainless steel oval case and the rose gold-plated version.

Each timepiece has Philip Stein’s signature dual time zone dial in white mother of pearl, fitted with mineral crystal, and comes with interchangeable silk calf straps available in black, white, pink and light blue.

It is also equipped with Philip Stein’s Natural Frequency Technology, a chip that acts like an antenna to help the wearer “tune in to the earth’s positive alpha waves.”

Broadway star and “The Voice of the Philippines” coach Lea Salonga, an endorser of Philip Stein, co-created the Legacy Petite collection.

Priced from P37,100 to P47,950 each, the Legacy Petite watches will be available in Philip Stein stores nationwide in late December.

source: www.abs-cbnnews.com

Wednesday, May 6, 2015

Luxury watchmaker Rolex wants apology from Italy's PM


ROME - Luxury watchmaker Rolex demanded an apology on Wednesday from Italy's prime minister and interior minister for saying that violent demonstrators who devastated parts of Milan last week were "rich, spoiled brats with Rolexes".

The company took out full-page advertisements in major national newspapers to contest comments both politicians made after police fired tear gas at protesters who threw stones and petrol bombs and broke shop windows.

In his address to parliament on the riots - protests against Milan's Expo global fair - Interior Minister Angelino Alfano said police photos showed that one demonstrator who defaced a bank window appeared to be wearing a Rolex.

"Yesterday, on the streets I saw bastards wearing hoods and rich, spoiled brats with Rolexes," Alfano told parliament.

Later, Prime Minister Matteo Renzi thanked the citizens of Milan for cleaning up the damage caused by "those with Rolexes who went around destroying shop windows".

The watchmaker, which sponsors major sporting events and has supported Milan's famous La Scala opera house, was not pleased.

Rolex's CEO for Italy, Gianpaolo Marini, wrote in the open letter in the newspapers that the low quality of the pictures of the violent demonstrators left considerable doubt as to whether they were wearing Rolexes and whether they were real or the cheap knock-offs sold on Italian streets.

He denounced "the unacceptable linking of the image of Rolex with the devastation in Milan and the world of subversive violence".

Both the prime minister and the interior minister had no immediate response to the advertisement.

source: www.abs-cbnnews.com

Tuesday, June 24, 2014

New smart watch fuses fashion, fitness


NEW YORK -- Smart gadget specialty firm Withings introduced a fashionable Swiss-made time piece Tuesday that doubles as a fitness tracker.

The French company billed Activite as a chic watch with computing brains to track steps taken, calories burned, distance traveled, and sleep patterns.

"Our mission is to inspire health," Withings chief executive Cedric Hutchings said in a release.

Fitness has been a hotspot in the budding trend of wearable computers, with activity monitoring bracelets or pendants such as UP24 and Fitbit finding success in the market.

Consumer electronics titans such as Sony, Samsung, and LG have stepped up with smart watches boasting fitness tracking capabilities.

Apple built a Health Kit into the newest version of the software powering iPhones and iPads, adding fuel to rumors that the California company plans to release a smart watch of its own.

Activite was created by designers in Paris in a spirit of "reinterpreting classical time pieces."

It use Bluetooth connectivity to synch with Withing Health Mate applications on Apple smartphones or tablets.

Activite will be priced at $390 when it is released later this year, according to Withings.

Since being founded in 2009, the firm has become best known for a smart bathroom scale that lets people tap into powers of the Internet and smartphones to manage their weight.

source: www.abs-cbnnews.com

Sunday, February 2, 2014

Luxury watchmakers face severe shortage of craftsmen


GENEVA - Anita Porchet has a skill that Swiss watchmakers can't afford to do without. As an enamel painter, she decorates watches for the likes of Patek Philippe and Vacheron Constantin which can sell for hundreds of thousands of dollars.

But the industry is facing a severe shortage of craftsmen and women who have mastered the techniques of enamel painting, marquetry and engine-turning - at a time when there is growing demand for high-end handmade watches.

One of Porchet's masterpieces is a miniature painting on a watch dial of Marc Chagall's ceiling of the Opera Garnier in Paris which took her three months to create.

Having been taught by her godfather as a teenager and worked tirelessly to refine her art over the years, the 53-year-old is determined to stay independent and has resisted recent overtures from big brands that wanted to recruit her.

"I said no. I want to keep my freedom to be able to explore my creative possibilities," she said. "Many old women have taught me their enamel secrets in their kitchen."

The clamouring for her skills reflects the industry's wider problem.

"I have seen some crafts disappear during the last 30 years," said Juan-Carlos Torres, head of Vacheron Constantin, which is owned by Richemont. "Engine-turning almost disappeared, enamelling as well, (at one point) there were only two or three decent enamellers left in the world."

Faced with this dearth of talent, the likes of Richemont and Breguet owner Swatch Group - hungry for the high margins offered by the handmade watch segment - are trying to recruit artisans and investing in training programmes so they can secure these skills by bringing them in-house.

Richemont, which also owns Cartier, Jaeger-LeCoultre and Piaget and is the biggest player in high-end watches, is currently building a fine watchmaking campus in Geneva where it will train enamel painters and engravers for its own needs from 2016 - part of a 60 million Swiss franc ($67 million) investment in training and research over 10 years.

"TRUE GIFT"

Decorative crafts have a long tradition in Geneva, tracing their roots back to the 17th century and the arrival of the Huguenots from France who turned to decorating watches because other luxury objects were banned at the time.

Enamel painting is one of the oldest techniques, Patek Philippe, whose most sophisticated timepieces can cost $1 million, says on its website. The painters apply a vitreous substance based on silica sand and coloured with metal oxides that is later fired at over 800 degrees Celsius.

"At the last firing, a piece can be damaged, it can crack. A lot of patience is needed for this difficult work," said Sandrine Stern, head of creation at Patek Philippe. "Miniature painting on enamel is even more rare, it's a true gift."

In engine-turning or "guillochage", an expert creates kaleidoscopic patterns on metal with a hand-operated machine, while marquetry involves assembling up to hundreds of tiny pieces of wood, straw or even dried flowers to create an image.

After their heyday in the 19th century, artistic watches and the know-how needed to make them entered a period of slow decline, coming close to extinction in the 1970s when the market for mechanical, hand-decorated watches collapsed due to the arrival of cheaper, battery-powered quartz watches.

Because of the consequent lack of demand for watch decoration, training programmes were scrapped, such as the renowned enamel painting course offered by Geneva's art school.

But growing appetite for luxury goods from the 1990s led to renewed interest in Swiss mechanical watches, with sales growth in the high-end segment outperforming growth in entry and mid-priced watches over the last decade.

The number of Swiss mechanical watches exported more than doubled from 2.7 million in 2000 to 6.8 million in the first 11 months of 2013, while the number of quartz watches dropped from 28.7 million to 19.1 million, according to the Swiss Watch Federation. Over the same period, the average price of a Swiss watch rose to 728 francs from 323 francs.

High margins - Richemont's operating margin exceeds 31 percent versus around 23 percent for midprice-focused Swatch - are also attracting new players to the high-end segment, such as Hermes' watch unit.

"ANYBODY CAN HAVE LACQUER"

If complex technical achievements are the bread of high-end watchmakers, sophisticated handmade decorations are the butter, allowing them to justify sky-high price tags to consumers in search of exclusivity and lasting value.

"If I used lacquer instead of enamel, I could sell a watch for 80,000 euros ($109,000) instead of 110,000 euros. I could sell more but what is the value in the eyes of customers? None. Anybody can have lacquer," said Vacheron's Torres, adding an enamelled dial now cost 15-20 times more than 15 years ago.

Despite the rising demand for those rare watch decoration skills in the last decade, in Switzerland only jewellers, engravers and polishers can sign up for official training programmes, the Fine Watchmaking Foundation said.

Enamel painting and engine-turning are only passed on from artisan to artisan in the country. The watch industry employers' association, Convention Patronale, offered training sessions with an engine-turner in recent years, but had to stop because the artisan passed away.

Enamel painting and marquetry courses exist abroad, notably in France, but they are not specifically for watches.

Yann von Kaenel, an independent engine-turner who employs about 10 people in his workshop, says he does not have the time and means to train apprentices and would not want to see them absorb his knowledge and then join a big group.

However now, as well as companies investing in training, the Convention Patronale said it had been asked by a group of watch brands to reopen a course for enamel painters. "We're looking into it," said training head Severine Favre.

Despite the push by brands such as Richemont to pull such skills in-house, family-owned Patek Philippe insists it is just as important to support independent artisans, who it says are often more creative and innovative.

"It has never been our goal to make everything internally. There are many independent artisans, they are artists and don't necessarily like working office hours," said Patek's Stern.

Porchet said she was happy the boom of enamel painting kept her busy, but she also sounded a note of caution about big companies investing in training to increase production.

"It's not good if the market is flooded with pieces - there's a risk enamel becomes banal and people lose interest."

source: www.abs-cbnnews.com

Monday, December 2, 2013

UAAP-inspired watches launched


MANILA – The University Athletic Association of the Philippines (UAAP) has partnered with SWAP by Tomato Time for its latest watch collection.

Just in time for the kick-off of the UAAP’s second semester sports, SWAP released eight different watch designs bearing the school logos of the league members.

Aside from its unique design, the watch’s straps are also interchangeable giving users several alternatives on what colors they want to combine.

“SWAP is all about expressing your individuality. Partnering with UAAP which is an institution, the students and the alumni can express their individuality, school spirit and school pride as well,” Lennie Dionisio, managing director of Tomato, said.



The UAAP collection of SWAP watches are now available in selected Tomato stores and SWAP exhibits located at various malls in Metro Manila.

It is also available at the Tomato Online Store at www.tomato.ph.

This is not the first time that the UAAP and ABS-CBN Licensing, which airs the sports events on Studio 23, partnered with a brand.

Last year, the UAAP teamed up with Brazilian flip-flops brand Havaianas to come up with pairs of rubber slippers in the respective colors of the eight member-schools.

source: www.abs-cbnnews.com

Wednesday, June 26, 2013

James Bond watch with geiger counter sells for $160,000


LONDON - A watch adapted for the fictional British spy 007 in the James Bond movies sold for nearly 104,000 pounds ($160,000) at a pop culture auction on Wednesday after being bought, strapless, at car boot sale for 25 pounds.

The Breitling Top Time, worn by actor Sean Connery during 007's mission to find stolen atomic bombs the 1965 movie "Thunderball", was estimated to sell for between 40,000 and 60,000 pounds.

Auction house Christie's said this was the first watch to be modified by the Q branch in the Bond movies and was equipped with a "Geiger counter" to help the suave secret agent detect the emission of nuclear radiation in the film.

Made by Breitling in 1962, it was adapted by the James Bond art department and was the only example produced for the movie, a Christie's spokeswoman said.

She was unable to give details on the vendor or purchaser of the watch that was one of 252 lots at the auction house's pop culture sale.

Among the many other items sold were Bob Dylan lyrics for an unreleased song and actress Elizabeth Taylor's first wedding dress, which she wore as an 18-year-old when she married Conrad Hilton Junior in 1950 in one of the social events of that year attended by over 700 guests.

"The dress symbolizes one of the most iconic off-screen moments of ‘Golden Age Hollywood'," Christie's said in a statement.

The dress sold for nearly 122,000

source: www.abs-cbnnews.com

Tuesday, May 8, 2012

TicTocTrac Watch Tracks Your Perception Of Time, Also Tells It


Anyone with even the vaguest understanding of the theory of relativity knows that time isn’t a fixed construct. How you experience time depends on what you’re doing –whether you’re sitting around, or moving at near light-speed. Your perception of time also depends on what you’re doing in a more mundane way, like whether you’re playing video games or sitting in a meeting. The TicTocTrac watch aims to help you learn more about that second kind of time warping. Also, like any good watch, it also tells time.

The watch, a DIY project by Cornell students Brian Schiffer and Sima Mitra, works by giving you the opportunity to guess how long you think it took to do something. Whether you overestimate or underestimate, and by how much, illustrates how your perception of time is skewed. Say, for instance, you’re about to wash the dishes. You can set the TicTocTrac watch to go into monitoring mode for a set period of time, during which it won’t display the time on its face. When you’ve finished your task (presumably before the monitoring timer runs out) you estimate about how long you think the activity took.

Of course, there’s more to it than that. TicTocTrac will keep track of all these little tests, so that over time you build a library of data that tracks the fluctuations in your perception of time over a day, or a week. For an example, you can take a look at the data from one of the guys who designed the watch. It’s a little hard to understand at first, but just the fact that it exists is fascinating.

The project’s documentation is incredibly throrough, and all the schematics are available if you’re the kind of person that might build your own. On the tech side, the watch is pretty impressive for a DIY project, including a vibration motor and a micro SD card slot. If you want to know more, the documentation will tell you more than you ever thought there was to know.

It’s interesting, but beware, your perception of time might speed up a little if you read it all the way through.

source: geekosystem.com