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Computers Will Have Human Senses in 5 Years


Unlocking Word Meanings
Read the following words/expressions found in today’s article.

1. input 
[IN-poot(v.) – to put information in computers
Example: My brother inputs his data in the computer through the keyboard.

2. tedious [TEE-dee-uhs, TEE-juhs(adj.) – tiring and taking a very long time
Example: I hate doing tedious tasks such as typing a 1000-word essay.

3. database [DEY-tuh-beys(n.) –  a collection of data
Example: The client’s database contains customer information.

4. software [SAWFT-wair, SOFT-(n.) – a set of programs that tell what the computer should do
Example: I installed new editing software in my computer.

5. breakthrough [BREYK-throo](n.) – a sudden achievement that makes a big impact
Example: Smartphones and tablets are technological breakthroughs.



Article
Read the text below.

IBM (International Business Machines) researchers predict that in the next 5 years computers will have the five human senses.

This report, published in IBM’s yearly forecast on future technologies, says that in the near future, computers will process information like humans do – using the ability to see, hear, smell, touch and taste.

Bernie Meyerson, IBM Vice President of Innovation, said that the computer’s ability to sense could make information less tedious to input. Instead of encoding data into a computer, a person could simply present the data and the computer will process the information using its senses. Meyerson added that with five senses, computers will have the ability not only to sense or process data but also to interpret what these data mean.

The key to this innovation is for computers and humans to have a common language. And current computer functions—such as image and voice recognition—prove that having a common language is possible.

For instance, computers can have the sense of smell and taste by identifying the chemicals present in a certain substance. The human senses also identify chemicals, which help people know if a food is safe to eat.  

Better software could allow computers to interpret what they hear and see using sound and image database stored in the system. Computers might be able to identify a person’s emotion or mood based on the quality of his voice. For the sense of touch, computers would be able to determine different textures using vibrations and temperature.

Meyerson believes that this technological breakthrough could have huge impact in several industries.



Viewpoint Discussion
Enjoy a discussion with your tutor. 

Discussion A
 

·         Do you think people really need computers that can see, hear, smell, touch, and taste like humans? Why or why not?
·         In your opinion, how will humans react to this kind of technology? Will people easily adapt to it or not?

Discussion B

·         What specific tasks do you want technology to do for you?
·         Do modern technologies make people lazy? Why do you think so?


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World’s Largest Furniture Maker to Remain a Private Company



Unlocking Word Meanings
Read the following words/expressions found in today’s article.

1. stock exchange 
[stok] [iks-CHEYNJ(n.) – a place where stockholders buy and sell capitals or stocks
Example: Selling capital in the stock exchange saved the company from debts.

2. founder [FOUN-der(n.) – a person who starts or establishes something
Example: Steve Jobs, founder of Apple Inc., launched his company in California, USA.

3. remarkable [ri-MAHR-kuh-buhl(adj.) – notable or extraordinary
Example: The worldwide news featured the company’s remarkable success.

4. net profit [net] [PROF-it(n.) – the total profit of a company after all expenses are paid
Example: The company’s net profit remains high even after taxes have been settled..

5. frugal [FROO-guhl(adj.) –thrifty; careful not to waste money or other resources
Example: To avoid overspending, the CEO started to be very frugal.


Article
Read the text below.

Ikea, world’s largest furniture company, will remain unlisted in the stock exchange, said the 86-year-old founder Ingvar Kamprad last December.

Ever since its establishment as a family-owned business in 1943, Ikea has always been a private company.

Kamprad believes that being privately-held allows Ikea to be more flexible in developing the business successfully. The Ikea founder also added that being private is one of the reasons behind Ikea’s remarkable success.

As proof of Ikea’s success, the company’s annual earnings report shows that Ikea’s brand was worth nine billion euros in August last year. The company also gained a 10.3% increase in its net profit in 2011.

Because of Ikea’s success, Kamprad was named as the richest man in Switzerland last year, having a net worth of 32 billion euros. Some disagree with this claim, however, saying that Ikea is owned by a group of people and not just Kamprad.

Nonetheless, Kamprad’s frugal attitude seems to have contributed a lot to Ikea’s success. Per Heggenes, CEO of Ikea foundation, relates Kamprad’s disinterest in material things. To this day, Kamprad still uses an old Volvo car, flies in an economy class plane, and even rides the company shuttle when visiting the stores.


Viewpoint Discussion
Enjoy a discussion with your tutor. 

Discussion A


·         What are the disadvantages of being a private company?
·         If you were to own a company, would you like it to be privately-managed just like Ikea? Why or why not?

Discussion B

·         Do you think it is important for a business person to be frugal? Why or why not?
·         How can people become more frugal?



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Leading News Magazine Goes Completely Digital



Unlocking Word Meanings
Read the following words/expressions found in today’s article.

1. publication 
[puhb-li-KEY-shuhn(n.) – the printing and distribution of a written material to the public
Example: Law does not allow any publication to write false stories about people.

2. media consumption [MEE-dee-uh] [kuhn-SUHMP-shuhn(n.) – the amount of information taken by a person or group of people
ExampleMedia consumption of newspapers has decreased due to Internet’s introduction.

3. circulation [sur-kyuh-LEY-shuhn](n.) – the number of publication copies sold in a particular period of time
Example: In 2011, the circulation of printed magazines dropped by 50%.

4. so far [soh] [fahr(adv.) – up to now, up to the present
ExampleSo far, Time Magazine seems to be one of the most popular news magazines in the world.

5. issue [ISH-oo or, esp. British, IS-yoo(n.) – material that is printed and distributed
Example: The school newspaper published its first issue this year.


Article
Read the text below.

After 80 years of publication, Newsweek, the second largest weekly news magazine in US, has decided to switch to an all-digital format. The new version of the magazine is called Newsweek Global, and is now available on mobile devices such as iPads, Kindles, and phones.

In the last decade, Newsweek has been struggling with problems related to changing media consumption, rising cost of printing, and decreasing income from advertising. These problems may be because people nowadays prefer free news on the Internet. In fact, research shows 39% of Americans read the news online.

In 2003, Newsweek’s worldwide circulation was 4 million; but by 2010, Newsweek’s circulation had dropped to 1.5 million. Also in 2010, billionaire Sidney Harman bought Newsweek for $1.00 and shouldered the company’s $40 million debt.

Newsweek then merged with The Daily Beast, an online news website owned by InterActiveCorp (IAC). Last year, Harman passed away and his family withdrew financial support from Newsweek, leaving the struggling company to IAC.

So far, Newsweek, which is known for its controversial covers, is the largest publication to stop traditional printing and completely switch to a digital format.

Newsweek’s last issue, which was dated December 31, 2012, featured an old photo of the Newsweek headquarters in New York and the title #LASTPRINTISSUE across the cover.


Viewpoint Discussion
Enjoy a discussion with your tutor. 

Discussion A 

·         Where do you usually get the news? (TV, Internet, Newspapers, Magazines) Why do you prefer that medium?
·         Why do most people nowadays prefer getting information online?

Discussion B

·         What are the advantages and disadvantages of reading news in digital format?
·         In the future, do you think that online publications will completely replace printed newspapers and magazines? Why or why not?



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Gummy Bear Company Wins Lawsuit against Lindt



Unlocking Word Meanings
Read the following words/expressions found in today’s article.


1. trademark [TREYD-mahrk] (n.) – a symbol that represents one’s legal ownership over something
Example: The image of a bitten apple is the trademark of a famous PC and mobile phone company.

2. rebut [ri-BUHT] (v.) – to oppose by providing evidence against a previous claim
Example: The lawyer rebutted the complaints against his client.

3. infringe [in-FRINJ] (v.) – to violate an agreement, often used to refer to the violation of ownership rights
Example: Apple claimed that Samsung infringed on Apple’s design rights.

4. not in (somebody's) favor [not] [in] [suhm-bod-ee s, -buhd-ee s, -buh-dee s] [fey-ver] (idiom.) – not for the benefit of someone or to someone’s disadvantage
Example: The tax increase is not in favor with many companies.

5. forbidden [fer-bid-n, fawr-] (adj.) – not allowed; banned
Example: Companies are forbidden to steal other company’s product ideas.


Article
Read the text below.

Haribo GmbH, a German company which makes gummy bears, has won a trademark lawsuit against Lindt, a Swiss chocolate company.

The gummy bear company complained that 'Lindt Teddy,' Lindt’s teddy bear-shaped chocolate, reminds people of Haribo GmbH’s golden gummy bear because of the product’s gold packaging.

However, Lindt rebutted the claim saying the ‘Lindt Teddy’ does not infringe Haribo's trademark. The company further explained that it did extreme measures just to avoid violating the Gold Bear’s trademark. The Swiss chocolate company added that if Lindt Teddy and Haribo Golden Gummy Bear were placed together in grocery shelves, buyers would not mistake one from the other.

Despite Lindt’s claims, the court’s decision was not in Lindt’s favor. In a court statement, the judges discussed that buyers would most likely call ‘Lindt Teddy’ as 'Gold Bear,' the name of Haribo's product, instead of 'golden bear figure,' 'gold foil-wrapped bear' or 'gold-colored chocolate bear'.

According to Investor Place, Lindt is now forbidden from releasing ‘Lindt Teddy’ to customers. However, Lindt is still planning to appeal to the court’s decision.



Viewpoint Discussion
Enjoy a discussion with your tutor. 

Discussion A
 

·         How do the name and appearance of products influence you to buy a product?
·         What other factors do you consider when buying products?

Discussion B

·         Do you think that originality, especially in business, is important? Why or why not?
·         What would you do if somebody steals your ideas (e.g. project or product concepts)?


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