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2020 Tokyo Olympics cost estimate reportedly comes in 7 times over budget

e 2020 Olympics and Paralympics — to be held in Tokyo, Japan — are estimated to cost seven times more than what was originally budgeted, Japanese newspaper The Mainichi reported on Friday. Hosting the mega-events would cost Japan 801.1 billion yen ($7.03 billion), the report said, citing the country’s Board of Audit. That’s the agency that reviews government expenditure. Japan, the world’s third-largest economy, had earlier estimated that the games would cost around 112.7 billion yen, according to the report. Hosting the Olympics has become an expensive venture, and a number of past hosts…

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Nokia 1 Variant Reportedly Spotted on US FCC Site

HIGHLIGHTS Nokia TA-1071 has been spotted on the FCC site The smartphone is listed with 134mm of height and 50mm of width It is likely to be a Nokia 1 variant and could be unveiled at MWC 2018 While Mobile World Congress (MWC) 2018 is just around the corner, a secret Nokia handset with model number TA-1071 has been spotted on the US FCC website. The new Nokia phone appears to be a variant of the Nokia 1 that is already in the buzz world as one of the first Android Go devices. HMD Global is hosting a press conference on…

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Thai Man Reportedly Sentenced to 35 Years in Jail for Defaming Royals on Facebook

HIGHLIGHTS A Thai man was jailed for 35 years on Friday for Facebook posts The posts deemed insulting to the royal family of Thailand The court punished him with seven years per count A Thai man was jailed for 35 years on Friday for Facebook posts deemed insulting to the royal family, a watchdog said, in one of the harshest sentences handed down for a crime that insulates Thailand’s ultra-rich monarchy from criticism. A Bangkok military court convicted the 34-year-old of ten counts of lese majeste for posting photos and…

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Facebook Reportedly Testing Expansion of Groups Feature

HIGHLIGHTS Facebook is testing a Groups section in its smartphone app The Groups feature which is usually hidden in the app’s settings The new Groups section prominently features a “Discover” page now With the aim to put online communities at the centre of Facebook, the social networking giant is testing the expansion of its Groups feature. The social media giant is testing a Groups section in its smartphone app that will see it appear alongside the main notifications, friends requests and news feed areas which has appeared in recent days…

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Bad News for Sony Cell Fans as Organization Will Reportedly ‘Defocus’ on India

Sony Cell at a current investor meet has reportedly confirmed that it’s going to attention less on pick out markets like China, India, and america in which its performance has been much less than pleasant. Sony expects its phone enterprise in those countries will grow handiest zero.three percentage in these markets, and is the reason its decision to “defocus” on those regions. Xperia Weblog, which got get admission to to displays and other cloth that Sony shared on the stock meet, adds that the Organisation now has a local approach…

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