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The lawsuit sent shares in Kesa Electricals, the parent company of Comet, down 6.9pc to 66.65p.
The American manufacturer claims that Comet created and sold 94,000 Windows XP and Vista recovery CDs in breech of its intellectual property rights. The CDs used to be offered by Microsoft themselves, but it stopped selling them and Comet, following consumer demand, started to make their own version between March 2008 and December 2009.
They allowed users to reinstall software they had legitimately purchased when they bought a laptop or PC.
Comet concede they sold the discs but deny that they have infringed any copyright. It is understood that it made less than £1m in turnover from the sale of the discs.
David Finn, associate general counsel for Worldwide Anti-Piracy at Microsoft said: "Comet produced and sold thousands of counterfeit Windows CDs to unsuspecting customers in the United Kingdom. Comet's actions were unfair to customers. We expect better from retailers of Microsoft products – and our customers deserve better, too."
The case comes at a bad time for Comet, which has been one of the worst hit retailers on the high street, and is expected to have suffered from poor Christmas trading. KESA is in the process of selling the chain in a bid to stem its losses. However, the sale to OpCapita for £2 has yet to be completed.
In a statement it said: "Comet has sought and received legal advice from leading counsel to support its view that the production of recovery discs did not infringe Microsoft's intellectual property."


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As we get ready to enter the New Year, its opportunity to reevaluate 2019 and the bearings come out firmly for the style attire industry. As we get ready to enter the New Year, its opportunity to reevaluate 2019 and the bearings come out emphatically for the design attire industry. Thinking back, the year has seen a great deal of positive changes in the Indian style industry; both retail and assembling.
Directly from the convergence of abroad style brands to India, extension of both residential and abroad attire exporters to approach changes and the rise of new companies. Mohindra takes us through the significant advancements that have occurred in the Indian style industry in 2019.
- Extension at various levels
Loose FDI helps retail brands’ extension – This year saw probably the best changes in India’s retail situation with strategy changes. Indian style retail advertises values about $50 billion out of 2019 and is set to develop to $115 billion by 2027. Parfait, Under Armor, Uniqlo are a portion of the enormous abroad brands that forayed into the lively Indian style retail advertise in 2019. Extension of abroad organizations in assembling 2019 is supposed to be perhaps the best year lately for the Indian attire producing industry. The nation has by one way or another had the option to rebuild itself and rose around 7 percent in its attire fares to the world till October. Hong Kong-based Epic gathering declared $ 20 million interest in Ranchi. South Korea’s fat cat Young one Corporation likewise reported to contribute $ 140 million at the Kakatiya Mega Textile Park (KMTP) at Warangal, Telangana.
Another significant extension has been affirmed by one of the major Sri Lankan clothing producing organizations, Brandix.
- Start-up culture developed essentially
2019 has created over about six unicorn new companies, 8 to be exact. Homegrown endeavors figured out how to gather $ 7.67 billion in the initial 9 months of 2019. A momentous accomplishment, as these new companies are drawing in an ever-increasing number of worldwide speculators. Clovia, Zivame, Fynd, Couch Fashion, CutomitNow, Styched, Vajor and Zinnga are a portion of the new businesses that have developed on numerous occasions in 2019.
Bengaluru-based Styched, a moderate, quick style internet business adventure, has raised holy messenger financing of $ 2.30 million from a grasp of heavenly attendant speculators. Undergarments brand Zivame has just announced that, as of September 2019, it has hit a Rs 300+ crore income.
- Web based business and M-trade accomplishment in Tier-2 and Tier-3 urban communities
Web based business and M-trade have not recently stayed pertinent to Tier-1 urban areas currently as rising spending limit and the utilization of the Internet have made it workable for the Indian buyers in Tier-2 and Tier-3 urban communities to go computerized.
Flipkart presented a Hindi interface for its clients in 2019 to assist them with understanding its foundation effectively in provincial regions dish India. Amazon asserted that around 65 percent of its deals originated from Tier-2, Tier-3 and Tier-4 towns and urban areas. More than 80 percent of its new clients additionally originated from these spots and one out of each 3 clients bought from the design class.
- Material strategy changes
Uncommon bundle for the attire business, demonetization, GST and change in labor laws are four significant strategy level choices of the legislature lately, which have affected the general economy just as the clothing and material industry. 2019 will be known as a recharging year for National Textile Policy. Another change done was the presentation of Rebate of State and Central Taxes and Levies (RoSCTL) arrangement.
- US-China exchange war
Ruled exchange conversation – US-China exchange war was among the significant issues over the worldwide attire and material industry all through 2019. The United Nations Conference on Trade and Development (UNCTD) has announced that India got a general advantage of $ 755 million and Vietnam of about $ 2,601 million from this exchange war.
India’s Readymade article of clothing (RMG) fares to USA hopped to $308.48 million from $277.29 million in October’18. In total, India’s clothing fare to the world raised by 4.50 percent in Jan.- Oct. ’19 period.
More than social supportability, ecological maintainability was the feature of 2019. This has become the trendy expression now and everyone in the style business is discussing 4 Rs: Reuse, Reduce, Rework and Recycle. The main 3Rs are a greater amount of the social way to deal with manageability, while the significant discussion is going on over ‘Reuse’ which is even more a specialized methodology in maintainability. Setting up ETP plants and sun powered plants in a processing plant was the pushed at first since the calculative quantifiable profit (ROI) was simpler and reasonable.
Plastic utilized in bundling is another significant pushed for which no specific supportable option has yet been distinguished.
- Industry And Cluster2023.01.28Enhancing Sustainability and circularity in Textiles being implemented by the Textiles Committee with UNEP
- Market Reports2023.01.28THE YARN BAZAAR TIMES
- Business & Policy2023.01.28Business Confidence in India on the Rise, Despite Sequential Decline in First Three Quarters of Fiscal Year 2022-23: NCAER
- Finance & Economy2023.01.28Nepal: Economy Flashes Signals of Hope

domain: news


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Here’s an example from the New York Times of turning doo-doo into gold:
At the electricity-from-manure project here in Sterksel [Netherlands], the refuse from thousands of pigs is combined with local waste materials (outdated carrot juice and crumbs from a cookie factory), and pumped into warmed tanks called digesters. There, resident bacteria release the natural gas within, which is burned to generate heat and electricity.
The farm uses 25 percent of the electricity, and the rest is sold to a local power provider. The leftover mineral slurry is an ideal fertilizer that reduces the use of chemical fertilizers, whose production releases a heavy dose of carbon dioxide.
For this farm the scheme has provided a substantial payback: By reducing its emissions, it has been able to sell carbon credits on European markets. It makes money by selling electricity. It gets free fertilizer.
What I don’t quite understand is why, if farmers get all of these benefits, they are still fretting that this process will raise the price of their meat products.
The article also talks about how meat consumption will double by 2050 (Earth to humans: yowch!), and how emissions from livestock (up to 18 percent of total global emissions) should be included in carbon trading schemes.


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Christie Digital — Booth #2553
Christie Digital will be demoing a Christie Spyder X20, driving their 84” touch interactive display. They will be using Layer Logic’s Cobalt software to create an interactive digital collaboration experience where several team members can share and interact with their personal computer simultaneously.
Vivitek — Booth #4443
Vivitek’s booth will include two of their new 75” displays, combined with a Datapath iolite running Layer Logic's Atlas software to provide an intuitive multitouch interface for sharing and interacting with several computers simultaneously.
ICS Technology — Booth #4354
ICS Technology will show off a system including their WC-5000 series wall controller with Layer Logic’s Atlas Software, displayed on a UTouch 2x2 video wall of 55” monitors.


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Banpresto has released information pertaining to its upcoming PS2 mecha-RPG, Super Robot Wars: Impact. The series, which has made numerous appearances on several consoles, is an anime fan's dream-come-true, featuring over-sized robots from several popular anime series.
This time around, Banpresto is promising some gameplay innovations for the PS2 debut of the series. The battle system will involve a combo-based "union attack system" and a counterattack move. Further gameplay and story details should be available in the near future.
Super Robot Wars: Impact is set to hit Japan on March 28 and will carry a 7,980 ¥ (~$60) price tag. No North American release details have been mentioned as of yet. For an idea of what the game looks like in action, check out the screens that were posted earlier this week.


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Leading Canadian consumer organizations are calling on the federal government to reduce food fraud and help consumers make healthy food choices by improving how packaged food is labelled.
The six organizations – Anaphylaxis Canada, My Sustainable Canada, Consumers Council of Canada, Option consommateurs, Heart and Stroke Foundation, and Union des consommateurs – today released a report highlighting eight recommendations for government. The groups spent 18 months working together as part of a Consumers Council of Canada multi-stakeholder consultation.
“The message is very clear to the federal government that consumers need and want better packaged food labelling so they can more easily buy healthy foods and avoid food fraud,” said Aubrey Leblanc, president of the Council.
The report is in response to the federal government’s current review of food labelling regulation.
In its joint statement, the panel highlighted eight areas the federal government should improve, including:
- Establish food label regulations that require the quantity or proportion of any highlighted ingredient be stated accurately within the ingredients label in descending proportion;
- Ensure laws and ensuing regulation of geographic origin of food claims are thorough enough to allow consumers to determine, with reasonable certainty, the place of origin of the majority of the food ingredients;
- Update legislation and regulations surrounding the Nutritional Facts Table (NFT) to reflect current research regarding nutrition, and to improve consumer comprehension and usability;
- Work closely with consumer organizations and business to establish a front of package (FOP) label scheme in order to reduce consumer confusion resulting from multiple FOP programs;
- Mandate unit pricing in order to standardize and maximize its impact;
- Ensure foods that have been irradiated, produced using nano-technology or contain genetically modified organisms are appropriately labelled;
- Create a legislative framework that allows for more timely updating of label regulations to meet the ongoing and rapid evolution of food production and labelling;
- Undertake a comprehensive and on-going consumer education program to ensure Canadians are informed food consumers.
“While consumers are responsible for trying to be informed shoppers, they require food information that is accessible, easy to understand and truthful,” said Mr. Leblanc.


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Medical cannabis is legal in Illinois, and its use was expanded in August 2018 by making it an alternative to opioid painkillers. Since their inception in November 2015, the state’s 55 licensed medical cannabis dispensaries have sold more than $220 million worth of cannabis. That number is growing quickly: in the first nine months of 2018, medical cannabis brought $100 million of revenue to the state.
The recent expansion of medical marijuana use is likely to bring another massive wave of users and income. As of October 2018, only 46,000 Illinois residents qualified for the program, as only some conditions qualify patients for it, but that number is bound to increase dramatically even if a tiny fraction of patients switch from opioids to marijuana.
Recreational cannabis is illegal under Illinois state law, but enforcement is relatively lax. The Illinois Controlled Substances Act clearly states that the law does not seek to punish users. “It is not the intent of the General Assembly to treat the unlawful user or occasional petty distributor with the same severity as the large-scale, unlawful purveyors and traffickers,” the law reads. Possession of less than 100 grams of cannabis is a misdemeanor, and “casual deliveries” of cannabis are treated like possession to lighten punishment.
Punishment for selling or delivering cannabis is stricter, however: any amount more than 10 grams is considered a felony, with increasing fines and prison sentences depending on the amount. For selling more than 5,000 grams of cannabis, penalties may increase to as much as a $200,000 fine and 30 years in prison, but this could soon change.
JB Pritzker, recently elected governor of Illinois, is a staunch proponent of legalization. “The path forward for Illinois is clear: we need to legalize marijuana,” he writes on his website. “It would have real benefits for Illinois, including reducing opioid overdoses and bringing in much-needed revenue from taxation.” He also recognizes that people of color are disproportionately targeted for drug use, and that it is not fair to send consumers to prison. “It’s time to bring the era of mass incarcerations for minor drug offenses to an end,” he adds.
A recent study by the Illinois Economic Institute and the University of Illinois strengthens the new governor’s position: “If marijuana were legalized, regulated and taxed in Illinois, an estimated $1.6 billion would be sold in the state.” Economists also estimate that “taxpayers would save $18.4 million annually in reduced incarceration costs, law enforcement spending and legal fees.”
With overwhelming public support, a new governor in office and Democrats controlling both legislative chambers of the state, a bill legalizing cannabis in Illinois is very likely to pass. According to the Chicago Tribune, “Sponsors plan to introduce a new legalization bill in January and hope to get it passed before the session ends in May.”


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CBS Radio News grabs update, brings CarPlay support
It looks like CBS has been busy today. In addition to getting its own channel on Apple TV earlier today, the network has also brought an update to its Radio News app for iOS. The big news in this update is that it brings support for CarPlay, allowing you to listen to a selection of on-demand shows from the CBS catalog as you make the commute to work.
In addition, the update brings the usual helping of bug fixes, along with a new 'coaching screen' to help users take advantage of the new features. You can find the full change log below:
- CarPlay compatibility implemented.
- Resolved issue with double audio playing unexpectedly.
- Coaching screen added to explain application functionality.
- Various bug fixes.
- Free - Download
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Our news, reviews, opinions, and easy to follow guides can turn any iPhone owner into an Apple aficionado


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America’s Lone Star State has gone through a lot of change in the past few years. Texas has seen home values decline recently after a long run up in the past decade. The wealth factor that combines to help people “feel” richer because their homes or 401k stock portfolios have risen in value has slipped away and forced many Texans to cut back on spending and focus on taking care of what needs to be done today.
For many in Texas reducing their monthly expenses, postponing trips, or home improvement projects has not allowed them to cut back on credit card usage and they have seen the balances climb. These rising credit card bills has become discouraging to many not only because the monthly payments are high and hard to make, but looking down the future, it is difficult to see when they will have the credit cards paid off. This realization that just making the minimum payments on high interest credit cards is what starts many people into looking at their options for getting out of debt.
Accredited Debt Relief helps people in Texas by reviewing their options and solutions for resolving their credit card debt.


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One of Europe’s most extensive postal services, Posten Norge, is testing the future of logistics delivery in Oslo with Ottobots, produced by a company called Ottonomy. This is a big deal because it shows that even large, traditional businesses can use autonomous technology to improve their operations. Here's why this matters for your business.
As a business leader, staying ahead of the curve and being an early adopter of new technology are essential. This allows you to reap the benefits of being first-to-market and position your company as an innovation leader. Being an early adopter also has risks, but these can be managed with careful planning and execution.
Autonomous delivery is the next logical step in the evolution of logistics and transportation. Self-driving cars are already being tested by major companies like Uber, Tesla, and Google, and it's only a matter of time before this technology becomes mainstream. With autonomous delivery, businesses will no longer rely on human couriers to make deliveries. This will result in faster, more efficient delivery times and lower costs.
Now is the time to start if you still need to consider how autonomous delivery can benefit your business. Here are some ways that your business can take advantage of this new technology:
1. Increased efficiency: Autonomous delivery can help you increase the efficiency of your operations by allowing you to make deliveries 24/7 without relying on human couriers.
2. Lower costs: Self-driving vehicles are cheaper to operate than traditional delivery vehicles, which means you'll be able to save money on your shipping costs.
3. Improved customer satisfaction: Customers will appreciate the faster delivery times that autonomous delivery can provide.
4. A competitive edge: If you're early to adopt autonomous delivery, you'll be able to gain a competitive edge over your rivals who are still relying on traditional methods.
5. Posten Norge's trial is necessary because it shows that even large businesses are open to adopting new technology. As a business leader, you should consider how autonomous delivery can benefit your operations. With its many advantages, there's no reason not to take advantage of this exciting new technology!
More info here: https://ottonomy.io/
Author: Christian Kromme
First Appeared On: Disruptive Inspiration Daily
The latest disruptive trends with converging technologies that will change your life!


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Vodafone India has reported data revenue of £123 million for the quarter ending June 30, 2013 (Q1-FY14), up 14.95% from £107 million data revenues in the previous quarter and up 48.19% from £83 million data revenues in the same quarter last year. The data numbers: - 41.2 million total data customers, up 10.5% from 37.3 million customers last quarter. - 3.7 million 3G customers, up 12.1% from 3.3 million 3G customers last quarter. - 37.5 million 2G customers, up 10.3% million from 34 million 2G customers last quarter. - Data now contributes to 11.3% of the company’s total service revenues in Q1-FY14. - Data usage increased to 16,978.26 TB (Terabytes) for the quarter, up 26% from 13,466.83 TB. The company however informed that the data usage increased by 29% quarter on quarter, due to an increased number of data customers and increased usage per customer, particularly among 3G customers. Vodafone defines data users as subscribers who have consumed greater than zero KB data on its GPRS or 3G networks. Change in Revenue Split: Starting April 1, 2013, Vodafone has stopped providing revenue split between its voice, messaging and data revenues and has started providing a clubbed service revenue split in form of mobile in-bundle, mobile out-of-bundle and mobile incoming revenue. The company however does provide data revenues separately in the spreadsheet. Mobile In-bundle revenue represents revenues from bundles that include a specific number of minutes, messages and megabytes of data for no additional charge while mobile out of bundle revenue represents revenues generated from additional minutes,…
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India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."
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From 2000–2008, the percentage of women who initiated breastfeeding went up from 47.4% to 58.9% for blacks, and 71.8% to 75.2% for whites. Initiation rates for Hispanics went from 77.6% to 80.0%.
Snacking can boost nutrients and help you eat less at mealtime, or it can add unnecessary fat, calories and sodium; it all comes down to what you choose.
Due to a provision in the Affordable Care Act, health plans must cover the full cost of breast pumps for nursing mothers. This has led to a boom in the sale of the pumps, which can cost hundreds of dollars. But will the benefits outweigh the costs?
Daily car commuters gained the most weight, while those who drove only occasionally or never drove gained smaller amounts.
Daily drivers, even if they engaged in weekly exercise, gained on average 3 pounds more than non-car commuters.
Americans now buy and consume food away from home an average of four times a week which can mean an extra eight pounds a year. The more we eat away from home, the more those pounds add up.
Washing fruits and vegetables before eating them reduces the risk of foodborne illness. If fruits and veggies have a ridged or uneven skin, use a scrub brush to remove dirt from the grooves. Remember, even produce with inedible skin should still be washed as a first step. This week, get into the habit of washing all [...]
Monday is a day to make a new start (or get back on track). Each week, the Monday Campaigns, a public health promotion initiative, provides tips on how you can use your Mondays to get fit and stay healthy.
Kathy Del Tonto started cooking school food 30 years ago, when cafeteria workers made everything from scratch, even the ketchup. But then the processing companies started offering schools fast-food kinds of choices . . .
This week, LocalHealthGuide begins a series called the Healthy Monday Tips, produced by a national health promotion initiative called the Monday Campaigns.
Here are simple tips that all cooks in the kitchen can follow this holiday season for cooking a delicious and safely prepared turkey.
Many single entrées at U.S. chain restaurants serve up masses of calories, fat, and sodium. RAND Corporation researchers have created an infographic that breaks down just how bad a full meal can be.
Physicians appear to be in better health than other members of the workforce – even nurses.


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Retail giant Nordstrom is teaming up with Trans Lifeline and the digital queer healthcare service FOLX to fund hormone replacement therapy for transgender people as part of a Pride month initiative.
The microgrants will pay 100 percent of costs for a year or 50 percent for two years. The retailer has pledged $100,000 for the program; 75 percent will be reserved for Black and Indigenous people and people of color.
Nordstrom will also donate a percentage of net sales from their new Be Proud gender-inclusive clothing collection to Trans Lifeline. The company will donate a total of $350,000 to support transgender equality across its initiatives this year.
“The lead designer for this collection is queer and we engaged different members from the LGBTQIA+ community to provide insight on what they see as missing from the current apparel landscape,” the company explained.
“Trans Lifeline is thrilled to be partnering with Nordstrom to invest in the transformational power of peer support and redistribute resources to trans people,” said Bri Barnett, Director of Advancement at Trans Lifeline. “This historic gift will be instrumental in helping us answer over 25,000 calls this year and it will also provide 100 people with a year of life-saving medical care.”
“We’ve long believed that we’re all made better by the diversity that exists both within our communities and our workforce. Our values are centered on the notion of creating a place where every customer and employee is welcome, respected, appreciated and able to be their authentic selves,” said Farrell Redwine, senior vice president of human resources, Nordstrom, Inc. “This year, we are honored to partner with Trans Lifeline to extend those values and support the transgender community in accessing resources that make their lives easier.”
FOLX Health’s care offering includes digital video visits and easy messaging with trans-centering clinicians, medication and supplies (shipped directly), and lab monitoring for safety. The company also offers medication for erectile dysfunction and plans to soon offer PrEP.
“FOLX was founded as a digitally-native platform designed to reach the community, not hindering access based on location,” A.G. Breitenstein, CEO and Founder of FOLX Health, told LGBTQ Nation. “All medication is delivered directly and discreetly to the patient’s home, democratizing the health journey. In alignment with its goal to provide increased access, FOLX Health works to ensure that its pricing model is as approachable as possible. All treatments are priced to be as accessible as possible with plans starting at $59 a month, no insurance necessary. This includes unlimited access to clinicians, automatic refills, letters of support for name change, and every other detail that general, cis-gendered heterosexual physicians simply aren’t equipped to handle.”
The next set of microgrant applications open on June 1. You can sign up on the FOLX x Trans Lifeline HRT Care Fund website to be notified when the process opens. Twenty-nine applicants will be chosen for this round of funding.


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TYLER, Texas (KETK) – Since the dawn of the pandemic, construction prices have been on the rise given the shortage of materials.
Moving into the COVID-19 environment, overall conventional wisdom throughout the industry was that people weren’t going to be buying materials or building supplies as a whole, catching those in the construction business off-guard.
Flash forward to today, lumber prices and materials have skyrocketed. For Stonewater Roofing in Tyler, CEO Roland Browne said their business continues to ratchet up, something he said they didn’t expect.
Their main manufacturer, GAF, one of the largest roofing manufacturers in the world, did scale back production on designer and specialty shingles, but not the base model shingle. Shingles are roof coverings that overlap. GAF offered a quote regarding how their company has dealt with business amid the pandemic.
“GAF continues to manufacture and distribute roofing materials across the country under robust health and safety protocols, and we’re confident in our ability to keep serving East Texas.”
Clayton McGratty, GAF, VP External Communications
Given the high demand for designer projects done by Stonewater Roofing, their company did experience some lag in regard to installation times for many of their customers.
However, according to Marketing Director Trent Spradlin, “…the bulk of our residential and commercial customers are receiving quick turnaround on projects as usual.” Browne said one of the main causes of the high demand for supplies is a shortage of labor across the industry.
It also had to do with suppliers’ preconceived notion that given the pandemic, the industry would see a lack in demand. Despite the short slump once COVID-19 hit, immediately after revenue and sales began to rise, said Browne.
“Your home is your number 1 investment, in most cases. So people are going to take care of that asset and we’re seeing that.”Roland Browne. CEO, Stonewater Roofing
While other markets may be experiencing slight issues with manufacturers and suppliers, Stonewater roofing said business is booming.


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Is More Secure and Stable Communication Possible by Using Blockchain Technology For eSIM?
As with all emerging technologies, blockchain faces a number of challenges that will lead to its broader implementation. As with any new technology, compliance with existing data standards in terms of security, privacy, and information sharing could prove to be the first hurdle for blockchain in telecommunications. Cryptographically immutable automation systems, whose blockchain technology ensures that participants are protected and trusted, will also address the inherent challenges associated with the abundance of data that suddenly flows abundantly across countless devices. Knowing this information will use blockchain applications as a secure identity system that solves many of the problems of distributed systems such as eSIM.
As its name suggests, the embedded SIM card or eSIM is built into the phone’s board.
eSIM will help operators and their customers to develop new business models and open up new business opportunities.
Telecommunications group Verizon is considering using blockchain technology to bolster the dynamic creation of virtual SIM cards. Contrary to the headlines, Verizon is not the first provider to try to use blockchain technology for a SIM card.
A 5G blockchain eSIM technology jointly developed by China Unicom, Gotell, and Webank was officially approved by the GSMA organization and officially released on April 20, 2020.
The existing physical SIM card delays consumers’ decision to switch providers, but a software-based SIM card makes it much easier for consumers to switch network providers. Blockchain technology can allow competing telecommunications operators to share the cost of their eSIM cards, allowing a very transparent pay-per-use scenario to be implemented immediately. Of course, as with any new technology, early users of blockchain SIMs should be aware of the benefits that the convenience of eSIMs can bring.
- The user picks a plan that she/he likes and places an order to buy it.
- The carrier sends her/him a QR code instead of sending a physical SIM.
- The user scans the code and activates the plan, which triggers the next step.
- The provisioning system sends a SIM profile (the same data stored in the physical SIM) into an eSIM slot on her phone.
Telecommunications companies could provide their subscribers with an eSIM embedded SIM app that creates a unique virtual identity that is encrypted and stored on the blockchain. For example, a subscriber could log on to Facebook or Google on a mobile device or store it via a telecommunications app. By integrating blockchain into a telecommunications operator’s eSIM, users could choose to switch telecommunications providers while they are on this decentralized platform. Blockchain-activated eSIM allows private keys to be generated on the fly, so your phone can be used for blockchain-enabled authentication and transactions without any problems.
The technology has enormous power to virtualize SIM cards, allows users to monetize their bandwidth, creates cheaper alternatives to telecommunications networks, and enables cryptocurrencies to make electronic payments for phone bills. Blockchain technology, for example, can enable people to “make money” and earn revenue by creating alternative communications networks that offer a cheaper alternative to telecommunications companies.
Additionally, by using blockchain technology;
- No data package can be changed
- No data package can be deleted
- No data package can be duplicated
- Proof of origin is recorded
- Proof of time is recorded
In addition to the above-mentioned use cases, blockchain will also be relevant in other areas, such as self-resolution — execution of smart contracts, processing of OSS and BSS, and payments based on digital asset transactions. All the above use cases offer a number of ways in which telecommunications companies can invest in the development and implementation of blockchain-based products.
Blockchain, as we all know, is a decentralized platform that allows users to use data and information without restrictions or restrictions. For example, telecommunications companies can upgrade their entire network and systems that work and operate on the blockchain, offering unlimited and unlimited benefits. If a centralized company like Apple or Google can use eSIMs to disrupt lucrative cash flows while offering consumers more flexibility, it is easy to imagine what this technology can do in combination with blockchain.
Blockchain can also be a force for disintermediation that directly connects third parties who can participate in the exchange of assets, data, and resources. The marriage of eSIM and blockchain is still in its infancy, as is blockchain technology itself.
Despite its proven capabilities, blockchain technology remains one of the threats that loom, and I am not sure that many in the industry should not be excited or concerned about its future potential, as mature business models based on blockchain technology are advancing at an ever-faster pace. Although the potential for blockchain opportunities is high, I do not expect blockchain to replace e-SIM cards, and nor should we expect them to be replaced.
In a nutshell, smartphones are quite easy to use and popular, and embedding blockchain — capable chips and applications in them — can likely be an important catalyst for the adoption of blockchain. I am confident that blockchain will find its place in this new telecommunications market, but how blockchain technology can help telecommunications companies increase their margins is just the beginning. As we enter the next phase of the global eSIM market, we will become increasingly interested in the use of blockchain technologies in telecommunications.


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More companies are using analytics to prevent and detect financial abuses within the supply chain, according to a recent Deloitte poll. It found that 35 per cent of companies are using analytics to mitigate third-party fraud, waste and abuse risks in supply chains – up from a quarter of companies in 2014.
Problems such as fraud, waste or abuse are prevalent in supply chains – one in three companies in the Deloitte poll said they had experienced these supply chain problems between 2014 and 2017. The highest levels were seen in the consumer and industrial products sector, followed by energy and resources. Deloitte's Mark Pearson said: “Unfortunately, increased vigilance doesn’t translate into lower instances of fraudsters trying to perpetrate their schemes. Even the most advanced analytics users should work to constantly evolve their efforts to stem fraud, waste, and abuse in supply chains.”
Fighting supply chain fraud with automated invoicing?
Financial abuses can include bribery, bid-rigging and collusion as well as payment fraud. Deloitte's Larry Kivett said: “In the energy and resources industry, I’ve seen complex capital projects rife with bribery, bid rigging, collusion, fraud, and other schemes.”
Some of the strategies to mitigate financial fraud in the supply chain overlap with the treasury function – for example introducing e-invoicing systems can eliminate some of the human input, therefore limiting opportunities for fraud. Kivett adds: “Beyond reducing sole-sourced procurement to manage risk, supply chain executives can also prevent financial abuses by working to improve supplier invoicing timeliness, accuracy, and approval processes.”
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Marine wildlife researchers claimed to have discovered a previously unknown tiny ‘glow-in-the-dark’ shark in the deep ocean off the coast of Central America.
Etmopterus benchleyi, which researchers also called the Ninja Laternshark, was first found swimming nearly 1,000 feet below the...read more
People in Japan got a surprising Christmas present when a giant squid made rare up-close appearance in Toyama Bay. Also known as an Architeuthis squid, it swam beneath boats for a long time before heading back to sea.
People who were treated to the rate sighting of the creature captured...read more
Fishermen and other spectators on a pier in Toyama Bay in central Japan were recently treated to a rare sighting of a giant squid, which is known to be one of least seen deep sea creatures in the world.
On Christmas Eve, a giant squid swam under fishing boats, very close to the surface of...read more
Japanese newspaper Nikkei has revealed in a recent report that Sony has efforts underway to bring about a 40 percent boost in battery performance; and commercially introduce the high-performance batteries within the next five years.
According to the report, Sony plans to replace the...read more
Japan’s recent whaling activities have shown the East Asian country is not going to stop killing whales. The country has already sailed ships for hunt, which could span until March next year. Earlier, the country sent its fourth whaler to join the fleet.
Many times, the International...read more
Japan has is once again resuming its whaling operations in the Antarctic Ocean, despite a ruling by the International Court of Justice (ICJ) that banned such controversial operations in the area.
The Japanese government is reportedly planning to resume Antarctic whaling efforts in early...read more
According to a study conducted by a marine radiochemist from the nonprofit Woods Hole Oceanographic Institution, Ken Buesseler, as a result of March 2011’s Fukushima disaster, there are raised levels of radioactivity off North American coasts.
More than four years after the meltdown of...read more
In a recent announcement, bigwig automaker Honda has revealed in-depth specifications for its Clarity Fuel Cell, which the automaker hopes to start manufacturing in the first quarter of 2016. The cost of the Clarity Fuel Cell in Japan will be 7.6 million yen.
The Clarity Fuel Cell –...read more
In a significant decision related to the imminent release of ‘Dead or Alive Xtreme 3,’ the game’s developer Team Ninja and publisher Koei Tecmo plan to launch the game only in Japan; with no intention, as of now, to launch the game in international markets.
‘Dead or Alive Xtreme 3’ game...read more
At the Battery Symposium recently held in Japan, Chinese device maker Huawei unveiled a new lithium-ion battery, which the company claims is the fastest quick charging battery currently available in the industry.
The latest battery technology introduced by Huawei has been developed at...read more
In a study published by Japanese scientists from Kyoto University and the Graduate University for Advanced Studies (SOKENDAI) in the journal Animal Cognition, they have suggested that elephants can reach far-off food by blowing air using their long trunks.
Till this extent, the air blown...read more
At the Tokyo Motor Show on Tuesday, Japanese automaker Mazda unveiled its new sports-car concept equipped with a rotary engine. The new concept is officially called the RX-Vision concept.
The unveiling of the RX-Vision concept by Mazda marks the return of the triangular-designed rotary...read more
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The overall ‘asthma epidemic’ among children has...Read More
People in huge numbers gathered in the Mount Lofty...Read More
As New Year is approaching, people have already...Read More
Alzheimer’s disease, the commonest cause of...Read More
Cases of opioid abuse have been increasing and...Read More
In an announcement made on December 22, cable giant...Read More


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People spend way too much time at the office. And much of that time is spent sitting down, completely stagnant. This is not good for overall health. In fact, there is even a medical condition known as “sitting disease,” which is when people spend six or more hours of their day just sitting. Further, for those concerned about if their “butt looks big in this,” Auburn University Exercise Physiologist Michelle Olson, Ph.D., found that “excessive sitting can flatten the buttocks.” So it might be worth finding a solution for all those seemingly endless hours one is sitting at the office.
Well, now, thanks to Midtown Manhattan Core Club Trainer Josh Holland, this need no longer be the case. Because he has brought in a large rubber ball to offices that can be used for “active sitting,” which is the latest mantra used in the New York fitness community. Stability balls are thus becoming a trend in New York fitness promoting offices. Indeed, Technogym’s Brand Ambassador Josh Holland uses the company’s $225 Wellness Ball. This particular ball features a weighted bottom (to prevent rolling) QR code (to allow users to access exercise tutorials on smartphones/tablets). Holland teaches those who want to stay in shape how to use the ball at their desks so that while they are sitting they can move.
Other items being introduced into offices with the same idea to promote New York fitness include: Gaiam Balance Ball Chair (retailing at $100) Muvman stool from Aeris ($700), the Buoy stool ($200). Some even claim that these exercise balls/chairs give them more toned abs.
Of course, the best thing to do while spending so much time at the office is to actually stop sitting for a while! Every 20 minutes or so, get up from your desk and move around! That’s one way of preventing sitting disease.


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Finally descending to the depths of bankruptcy, Borders Group filed for chapter 11 bankruptcy protection on Wednesday, with debts of $1.29 billion compared with assets of $1.27 billion. While the filing comes as no surprise, Borders’ bankruptcy opens the door to speculation over the future of the self proclaimed world’s biggest bookseller.
At a bankruptcy court in the Southern District of New York, Borders’ executives finally threw in the towel and accepted that they don’t “have the capital resources [the group] needs to be a viable competitor and which are essential for it to move forward with its business strategy to reposition itself successfully for the long term.” More detail can be found at www.bordersreorganization.com. (Read Borders Group Was On The Forbes Risk List).
Mike Edwards, Borders’ president, explained that the company had secured $505 million in debtor-in-possession financing from GE Capital and would continue to operate throw the court proceedings. But its operations would be diminished by about 30%, as Borders would be closing 193 of its 642 stores.
The company, whose major shareholders include William Ackman’s Pershing Square Capital Management with a 31% stake and Border’s current chairman and CEO Bennett LeBow with 15.4%, had announced in December that it would stop paying its creditors in order to save up cash. Most of its major debts are with publishers, such as Penguin Putnam (owed $41.1 million), Hachette (owed $36.9 million, Simon & Schuster (owed $33.9 million), and Random House (owed $33.5 million). The company also owes Twentieth Century Fox and Bank of America $6.5 million, Sony Music Entertainment $4.3 million, and Rosetta Stone $2.2 million, among others.
Borders failed to remain relevant in the face of increased competition from online retailers like Amazon and its Kindle eReader, Apple’s iPad, discount retailers like Wal-Mart, and rivals like Barnes & Noble with the NOOK e-reader. The company’s stock has tanked along with the economy in 2008 and never managed to recover, going from over $20 in mid-2007 to slightly more than a dollar for most of 2010.
Ackman tried to convince Borders’ board to merge with rivals Barnes & Noble last year, pledging up to $960 in financing, according to DealBook. As the company delayed another round of payments in January 2011, bankruptcy seemed inevitable.
The Borders Group noted that bankruptcy would give it time to gain proper financing to consolidate themselves in a stronger position than before. "For decades, Borders has been a beacon of engagement – a highly frequented destination for consumers and a significant venue for authors and vendors to showcase new books and merchandise. We have the ability, based on our brick and mortar presence nationally; the on-line capabilities we have in place; the loyalty of, and access to, our customers; and the products and services we offer to be an important and easy access destination of exploration and purchase for readers across the country," commented Mr. Edwards.
The company, which recently received notice from the NYSE that their stock wasn’t meeting the minimum requirement of at least a 30-day trading average of $1.00, didn’t trade on Wednesday.


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Katherine Fossler, owner of Lady Katherine women’s fitness with a touch of sass which opened in Eagan this January, has been featured in a book called “Succeeding in Spite of Everything.”
Fossler was at an international women’s conference in Dallas last June when she was sharing her story with a group of attendees and the leader of the conference overheard. Sandra Yancey, founder and president of e-Women Network Inc., was fascinated with Fossler’s story, which profiles Katherine’s extreme career change from a church administrator to a pole fitness instructor and studio owner. Yancey was so drawn in by the story that she invited Fossler to be in her newest book.
Fossler will be doing her first reading from the book at her Eagan Studio Fall Open House on Friday, Oct. 5 from 5 to 9 p.m., at Lady Katherine Studios, 4178 Pilot Knob Road.
The public is invited to attend and associated activites will include free classes, demonstrations, prize give aways and more. Details at www.lady-katherine.net. You can obtain the book at Lady Katherine studio, from their online store, or at Amazon.com.


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Motley Brews to Host Ninth Annual Great Vegas Festival of Beer
Experiential event to offer two days of craft brews, beer-inspired cuisine and entertainment
Great Vegas Festival of Beer will return to Downtown Las Vegas for two days on Friday, April 5 and Saturday, April 6. Established in 2011, the festival produced by Motley Brews is expected to be the state’s largest craft beer festival for the ninth time, with more than 500 beers and 10,000 attendees anticipated throughout the weekend.
With a new venue at the Downtown Las Vegas Events Center, the festival will kick off with its Mad Craft Experience from 7-10 p.m. on Friday, Apr. 5, where local brewers, mixologists, chefs and restaurateurs will enter into an epic craft beer and culinary competition. The Grand Tasting will take place from 3 p.m. to 7 p.m. on Saturday, April 6, with early entry starting at 2 p.m., offering a selection of over 500 beers from popular breweries, elevated culinary offerings from some of Las Vegas’ top chefs and a myriad of entertainment options.
“Great Vegas is known as one of the original events for locals in the Las Vegas community and we’re making our ninth year bigger and better than ever before,” said Brian Chapin, founder and CEO of Motley Brews. “We’ve partnered with an awesome new venue and have added more live music to continue building on static and interactive experiences to pair with the massive selection of craft beer. This event only comes once a year, and we’re going all out to continue growing the craft beer game in Las Vegas.” Chapin demonstrated Las Vegas’ thirst for craft beer with the inaugural Great Vegas in 2011, which quickly sold out to more than 2,000 attendees. The event has grown from year to year, prompting an expansion to two days in 2017.
Tickets for the all-inclusive brew and food Mad Craft Experience start at $55 plus fees. Tickets for the Grand Tasting start at $40 plus fees, with entry access at 3 p.m. along with a tasting glass for unlimited beer samples. Early admission tickets are also available, providing entry at 2 p.m., starting at $50 plus fees. Limited VIP tickets to the Grand Tasting are priced at $85 plus fees, complete with early entry at 2 p.m., access to the VIP Brewers Lounge, which includes limited-release and unique brews, a decadent spread of beer-inspired cuisine prepared by top chefs from Las Vegas, upgraded seating and more. All tickets are available for purchase now at www. greatvegasbeer.com.
A portion of the proceeds from the event always benefit local non-profits, this year including the Vegas Golden Knights Foundation and the Nevada Craft Brewers Association. More information about the Great Vegas Festival of Beer is on Facebook, Twitter and Instagram @GreatVegasBeer, or on the website at http://greatvegasbeer.com/.
About Motley Brews:
Founded in 2010, Motley Brews was created for locals, breweries and brew fans alike to share great libations in a true local setting. Motley Brews develops beer-centric festivals and events throughout the Southwest, including San Diego, Las Vegas and Pasadena, Calif. Motley Brews’ annual Great Vegas Festival of Beer, founded in 2011, is Nevada’s largest craft beer festival. More information about Motley Brews is on Facebook, Twitter and Instagram @MotleyBrews, or on its website at http://motleybrews.com.


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Telecommunications company Vonex (ASX: VN8) has reached a fairly significant business milestone by surpassing 30,000 registered active Private Branch Exchange (PBX) users.
PBX registrations are considered to be a key indicator of business development progress for teleco companies such as Vonex, as they attempt to penetrate the multi-billion-dollar Australian market for telco services to small and medium enterprises (SMEs).
Earlier today, Vonex reported that it achieved record sales in the second quarter of this year, up 44% on the previoius three months.
The milestone follows a strong quarter, during which the teleco company achieved solid growth across several key metrics including a 44% increase in new customer sales which exceeded $1.3 million.
Vonex currently offers a range of telecommunications solutions for Australian residential and business customers including mobile, internet, phone and NBN services. The company also provides wholesale customers, such as internet service providers, access to the core Vonex PBX and call termination services at wholesale rates via a white label model.
In further news, Vonex also reported 26% growth in orders through its channel partner focused sales software platform, Sign on Glass.
The teleco company said the move to Sign on Glass contributes to the increases in sales and conversion rates and “minimises onboarding costs”. Vonex declared the company saw a 16% jump in unique visitors to its website which was attributed to its “continued marketing efforts”.
To supplement its existing activities, Vonex said it expects to see a further boost in sales as a result of its partnership with Australian airline Qantas.
Following the official partnership launch in August, Vonex expects the partnership with Qantas Business Rewards (QBR) as the VoIP and Hosted Phone System telecommunications provider to improve its market traction and improve sales numbers even further.
“We’re really pleased with the progress that we’ve made through the June quarter as we continue to show significant improvement across our key metrics,” said Matt Fahey, managing director of Vonex.
“Achieving 30,000 active PBX users means we have grown our active database by 25% over the past 12 months. We expect to build on this momentum through FY20 and beyond as the QBR partnership is launched and as the NBN rollout schedule approaches its peak, leading to continued growth in active users and contracted revenue,” said Mr Fahey.


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Want to join the conversation?
Pharma company $JNJ announced restructuring actions in its Medical Devices segment that are expected to result in annualized pre-tax cost savings of $800MM to $1Bil. The majority of these savings are expected to be realized by the end of 2018, including approx. $200MM savings in 2016.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.


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Picton Home Hardware was the first business to publicly support the proposed redevelopment of the county’s hospital and they showed Friday they’ll continue to support the project.
That morning, the store gave $3,000 from the store’s electronics recycling events in support of the Prince Edward County Memorial Hospital Foundation’s Back the Build campaign, bringing its total gift to the campaign to $4,300 so far. With that donation, the store has given $31,226.99 to various foundation efforts since 2010.
“We make money on recycling electronics and we take that money and give it to the hospital,” said store owner Adam Busscher. He added it’s a nice form of giving as it allows the store to provide a service for its customers and it isn’t asking them to reach into their pockets.
The next weekend electronics waste collection at Home Hardware will be June 9-10.


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Advanced battery startup Sparkz Inc. will unveil Friday a manufacturing plant in the San Francisco Bay Area, part of a wave of planned US factories that will supply the cells that now power phones, cars and even the electric grid.
Sparkz has already installed the equipment at its 15,000-square-foot facility in Livermore, California, and plans to begin production by early February, Chief Executive Officer Sanjiv Malhotra said in an interview.
The company expects to initially supply batteries that will power buildings and the grid, rather than electric cars, Malhotra said. President Joe Biden has made the development of a domestic battery supply chain a high priority, and manufacturers have announced plans for several US facilities, often working with automakers that will build EVs.
“There is a huge need for energy storage, and right now, it’s basically met by importing from China or South Korea,” Malhotra said.
Unlike most modern batteries, Sparkz’s cells use a combination of lithium and iron, and don’t contain costly cobalt or nickel. Malhotra declined to identify any initial customers.
The plant, funded in part with about $25 million in state grants, is the company’s first in California and will be followed by a larger “gigacampus” in the state, he said. Sparkz has committed to investing $700 million in California over the next five years, and has also announced plans for a factory in West Virginia.
© 2023 Bloomberg L.P.


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|Warning! It is extremely likely that you will become the victim of identity theft or ID theft. You need to fully understand and appreciate that 1 in 10 people in the United states will become the victims of identity theft or ID theft -- this year alone.
While this statistic may seem startling, what is even more alarming is that the number of people who are expected to fall victim to identity theft or ID theft is expected to increase substantially over the course of the next few years. In other words, identity theft or ID theft is not only a very serious problem today -- it is an exploding problem. It is a grave situation.
Some experts predict that upwards to 2 in 10 people will fall prey to identity theft or ID theft on an annual basis before the end of this decade -- perhaps even sooner.
As a consequence of the prevalence of identity theft or ID theft, it is important that you understand fully what you need to do when you are the victim of identity theft or ID theft. In this regard, when you will want to appreciate the importance of completing an ID theft affidavit when you have been the victim of identity theft.


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Marketing Creative Inquiry challenge taps food for thought
Hands-on learning is encouraged – and in some cases required – in the College of Business at Clemson University. And the Department of Marketing is one of the college’s disciplines that puts a high value on real-world experience to prepare students for careers in marketing, sales and advertising.
The vehicle James Gaubert’s class tapped for its experiential learning was a two-semester Creative Inquiry in Marketing class that addresses real-world marketing issues. For the last seven years, MKT-3980 has participated in the National Student Advertising Competition that tests students’ marketing and advertising acumen.
“This year, Tai Pei, an Asian-style cuisine company posed a case study that required a strategic plan and campaign proposal for marketing their product to millennials,” said Gaubert, a senior lecturer in marketing and advisor to the 20-member team.
Tai Pei sought proposals on how to market their new, “cleaner” recipe formulation and more convenient packaging redesign to younger millennial consumers – college-age through their mid-20s.
“The exercise challenges students on many of marketing’s disciplines and exposes them to team-building, time management and communication, many of the day-to-day challenges advertising professionals deal with,” Gaubert said.
Clemson students developed a 27-page marketing campaign to address Tai Pei’s needs. They made a 20-minute presentation of their plan to a panel of judges, followed by a question and answer session.
Following their research to determine a strategic direction, Gaubert said the team identified benefits to the target market. “From there, they addressed creative execution and the tactics to support their proposal through an integrated media campaign that utilized innovative digital tactics to broaden Tai Pei’s market share and increase sales.”
Kayla Grady, senior marketing major, said the competition tested her on many levels and replicated ad agency experience.
“The ability to take a single idea and transform it into an entire campaign reveals a lot about your creative perseverance and your drive to succeed. The experience was invaluable and allowed me to put what I learned in the classroom to a real-world test.”
Though the team didn’t advance to the next level of competition, Gaubert said year in and out the National Student Advertising Competition provides students an experience that is difficult to replicate in a classroom setting.
“The competition is a true test in marketing strategy, graphic communications, design, accounting and media studies – all disciplines a marketing professional must master,” Gaubert added. “Experiences like this build confidence and can help a student determine if advertising and marketing is a career track they want to pursue.”
Graduating senior Logan Lyles said the Creative Inquiry class helped make up her mind on a career direction.
“This was my second year competing and I can truly say the experience of working as a team to create a campaign for a real-world brand has changed my life,” Logan said. “Through the competition, I found a passion for advertising and as a result plan to pursue a career in this dynamic field. It was one of the most valuable experiences at Clemson.”
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Its merely a rumor at this time, but now I've heard that the New Zelda WiiU game may not be released until 2017. This game was announced at the 2014 E3 Nintendo event and its been reported by many sources that this game will not be at E3 2015 at all. Fans were crushed to find that out but now, it may not be out until 2017, that's two years from now. Master Herald has reported that they've been getting information from auxiliary sources, suggesting that the new Zelda game won't be out until 2017. This is hugely disappointing but also just plain wrong, why announce a game in 2014 that won't be out for three more years? In my opinion, that's strange, I can't say this rumor is true information or not so the new Zelda Game may even be out next year, but if the info is correct then that's way too long to wait for a game.
Game on and Keep it Rehl!


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Dolby Labs has recently reported during in the post-earnings conference call with investors that Dolby Technologies won’t be included in next version of Windows 8 and Microsoft had included support for Dolby Digital Plus directly into Windows 7, the present version of its flagship operating system. The move may be due to the rise of cloud software and streamed movies such that DVD playback technologies are simply too expensive to license………..
Dolby Laboratories executives shared some information about Microsoft’s Windows 8 during an earnings call this week and they revealed information about what they believe won’t be part of Windows 8 with their DVD playback technologies. Dolby’s software was included in four versions of Windows 7. The company stated that previously its mix of PC licensing revenue increasingly shifted towards the operating system, a trend that appears to be over, so long as Microsoft does not radically change its product direction. Dolby’s statement on the matter said the following: “We have recently learned that our technologies are not currently included in the Windows 8 operating system under development. If our technologies are not included in the commercial version of Windows 8, we expect to support DVD playback functionality by increasingly licensing our technologies directly to OEMs and ISVs, and we will seek to extend our technologies to further support online content playback.” In other words, even if Microsoft excludes Dolby from Windows 8, the company will work with PC manufacturers and other OEMs to ensure that its technology does find integration into new computers, ensuring at least part of its revenue stream. It could be that as optical drives slowly fade, at the prodding of Apple’s laptop design choices, cloud software, and streamed movies, that DVD playback technologies are simply too expensive to license and Microsoft wants to cut fat from Windows 8. Another possibility is that with Microsoft’s exceptionally close ties to Netflix and that company’s push towards streaming, the Redmond giant simply doesn’t see the need to continue focusing on the playing of physical storage mediums.


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Kroger Co (NYSE:KR) VP Carin L. Fike sold 646 shares of the stock in a transaction that occurred on Thursday, October 4th. The stock was sold at an average price of $29.23, for a total value of $18,882.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
KR opened at $29.07 on Monday. Kroger Co has a 52 week low of $19.99 and a 52 week high of $32.74. The firm has a market cap of $23.21 billion, a PE ratio of 14.25, a PEG ratio of 2.10 and a beta of 0.92. The company has a quick ratio of 0.26, a current ratio of 0.73 and a debt-to-equity ratio of 1.65.
Kroger (NYSE:KR) last released its quarterly earnings results on Thursday, September 13th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.38 by $0.03. Kroger had a return on equity of 28.05% and a net margin of 3.05%. The business had revenue of $27.87 billion during the quarter, compared to analyst estimates of $27.95 billion. During the same period last year, the business posted $0.39 earnings per share. The company’s quarterly revenue was up 1.0% on a year-over-year basis. Equities research analysts predict that Kroger Co will post 2.12 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Madison Investment Holdings Inc. raised its stake in shares of Kroger by 6.3% in the second quarter. Madison Investment Holdings Inc. now owns 29,726 shares of the company’s stock valued at $846,000 after acquiring an additional 1,758 shares in the last quarter. Pinnacle Associates Ltd. raised its stake in Kroger by 4.6% in the second quarter. Pinnacle Associates Ltd. now owns 40,952 shares of the company’s stock valued at $1,165,000 after buying an additional 1,800 shares in the last quarter. TIAA FSB raised its stake in Kroger by 9.7% in the second quarter. TIAA FSB now owns 20,549 shares of the company’s stock valued at $585,000 after buying an additional 1,812 shares in the last quarter. CIBC Asset Management Inc raised its stake in Kroger by 2.0% in the second quarter. CIBC Asset Management Inc now owns 94,607 shares of the company’s stock valued at $2,692,000 after buying an additional 1,837 shares in the last quarter. Finally, First Fiduciary Investment Counsel Inc. raised its stake in Kroger by 0.4% in the second quarter. First Fiduciary Investment Counsel Inc. now owns 448,830 shares of the company’s stock valued at $12,769,000 after buying an additional 1,920 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.
KR has been the subject of several analyst reports. TheStreet upgraded Kroger from a “c+” rating to a “b” rating in a research report on Friday, June 29th. Citigroup reiterated a “buy” rating and issued a $34.00 price objective on shares of Kroger in a research report on Tuesday, June 26th. Jefferies Financial Group increased their price objective on Kroger from $31.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, June 22nd. Zacks Investment Research upgraded Kroger from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research report on Monday, July 16th. Finally, Northcoast Research reiterated a “buy” rating and issued a $36.00 price objective on shares of Kroger in a research report on Monday, July 23rd. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $30.15.
Kroger Company Profile
The Kroger Co, together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food products for sale in its supermarkets. The company operates supermarkets, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items.
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H.E. Vongsey Vissoth, Minister attached to the Prime Minister and Permanent Secretary of State at the Ministry of Economy and Finance on June 6 received a senior delegation of the World Bank Group to discuss strategies to reduce Cambodia’s logistics costs.
The World Bank (WB) team led by Ms. Cordula Rastogi, Senior Economist based at the Washington headquarters shared with the secretary of state the bank’s study on logistics costs especially in Cambodia.
H.E. Vongsey Vissoth acknowledged the somewhat high costs of Cambodia’s logistics as well as transport infrastructure and connectivity issues.
According to the secretary of state, logistics sector is key for promoting trade and investment in Cambodia, and the country needs an cost-effective and vibrant logistics system.
The world economy is currently being affected by supply chains and logistics systems hampered by COVID-19, and the changes in the trading pattern due to relocation of investment from China.
The Royal Government is improving Cambodia’s logistics in order to attract foreign investment in response to the changing trading context.
The two sides looked into short- and medium-term resolutions shared by the WB team such as monitoring the effectiveness of border gates, expanding the best trader scheme, and establishing a reporting system like road-watch, promoting rail transport, and strengthening the effectiveness of post-customs inspections.
Goods transit facilitation, multi-purpose logistics strategies and logistics development planning in urban areas, and preparation of logistics regulations were also discussed.
Source: Agency Kampuchea Press


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Andris (left) and Eric Lagsdin have expanded Stoughton Steel's product line into the consumer market with a series of baking trays for in-home pizza makers. Stoughton Steel
Most entrepreneurs will tell you that product development and innovation are essential to a healthy growth strategy. Getting too comfortable with the status quo, or relying too heavily on a single product or service, can often prove detrimental to a smaller enterprise over the long term.
The Lagsdin family—father Andry, sons Andris and Eric, and mother Dolores—own and operate a long-running Boston area steel manufacturing business, known as Stoughton Steel Co. For many years, the Hanover, Massachusetts company’s fortunes rested on one primary product—a stabilizer pad for construction equipment, known as the FlipPad.
However, over the past year the company has made a bold move to diversify its business by entering into an entirely new market, consumer products, via the Baking Steel cooking plate for at-home pizza making.
A potentially risky move? Yes. But, so far, they’ve pulled it off, proving that thoughtful and creative execution is often key to such a strategy. With that in mind, here are some additional insights I gained from talking to the Stoughton Steel principals:
Sean McFadden is the associate editor of research for the Boston Business Journal.
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NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
Tiffany & Co., up $7.03 to $88.02
The luxury retailer opened the holiday shopping season with a bang, reporting a 50 percent spike in third-quarter profit.
Hormel Foods Corp., up $2.51 to $44.95
Strong exports of Spam and peanut butter pushed the food producer beyond Wall Street expectations for the fourth quarter.
Lennar Corp., up $1.74 to $36.05
Homebuilders surged after construction permits issued in October to build apartments rose at the fastest pace in five years.
DSW Inc., down $2.27 to $44.95
Revenue fell short of most Wall Street projections during the shoe seller's third quarter as comparable-store sales slipped.
Jos. A Bank Clothiers Inc., up $5.69 to $56.29
Men's Wearhouse counterattacks with a $1.54 billion bid for its rival clothier, which sprung its own buyout bid in October.
Take-Two Interactive Software Inc., down 92 cents to $16.01
The gamemaker bought back all of the shares owned by the Icahn Group, and two Icahn-backed members of its board resigned.
21Vianet Group, Inc., down $1.62 to $16.78
The Chinese internet infrastructure company swung to a quarterly loss, earning a downgrade from analysts at Pacific Crest.
American Woodmark Corp., down $1.99 to $35.05
New home construction and remodeling projects drove profits sharply higher for the cabinet maker in the second quarter.


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You know what? Penthouse content including forum, letters, erotic images, amazing videos, audios and games is very soon coming to your mobile. WAAT Media has signed a multi-year exclusive agreement with Penthouse to provide the pleasurable Penthouse content to the users across North America, Latin America and Europe.
Adi McAbian, Managing Director of WAAT Media said:
It’s exciting to be an integral part of revitalizing the Penthouse brand on a global basis. Leveraging our platform, we will be launching over 50 premium mobile content sites on operator portals that include images, videos and games in 18 countries within the next 60 days.


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New Research: Most Consumers Don’t Know the Potential Risks of Double Dosing on Medicines
Washington, D.C. – November 2, 2015 – The Acetaminophen Awareness Coalition (AAC) is kicking off its annual “Double Check; Don’t Double Up” campaign today, reminding consumers that many medicines used to treat cold and flu symptoms can contain common drug ingredients such as acetaminophen. Research published this year shows that consumers don’t always know the potential risks of double dosing on medicine or that taking two medicines with the same ingredient could be harmful. That’s why it’s important to read and follow the label every time you take a medicine. Double Check; Don’t Double Up!


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The probability of the hotel industry entering into recession in the near-term, which is detected in real-time from HIL with the help of sophisticated statistical techniques, registered 47.8% in April, up from 39.8% reported in March.
DURHAM, NEW HAMPSHIRE USA – Future business activity in U.S. hotels declined in April according to the latest reading of the Hotels' future business conditions (HIL) indicator. e-forecasting.com's HIL, a composite indicator that gauges future monthly overall business conditions in the U.S. hotel industry, fell by 0.1% in April to 127.1, following a nil growth in March. The index is set to equal 100 in 2010.
Looking at HIL's six-month growth rate, which has historically confirmed the forthcoming turning points in U.S. hotel business activity, posted a positive rate of 0.1% in April, following a positive rate of 0.6% in March. This compares to a long-term annual growth rate of 2%, the same as the 30-year average annual growth rate of the industry's gross domestic product.
The probability of the hotel industry entering into recession in the near-term, which is detected in real-time from HIL with the help of sophisticated statistical techniques, registered 47.8% in April, up from 39.8% reported in March. When this recession-warning gauge passes the threshold probability of 50% for a more than three months, the U.S. hotel industry will enter a recession phase in its business cycle.
"HIL, the best predictive analytic of what's next for US hoteliers failed to grow for a fifth month in a row," said Maria Sogard, CEO at eforecasting.com. "In April, the risk for a recession in the hotel industry approached 50%. If the probability of recession follows this upward path over the next few months, the hard landing is certain for hoteliers in the second half of the year," Maria added.
Four of the forward looking indicators of business activity that comprise Hotel Industry Leading (HIL) Indicator had a positive contribution to its change in April: Jobs Market; Foreign Demand; New Orders; Vacation Barometer; Five indicators of future business activity had a negative or zero contribution to HIL's change in April: Hotel Worker Hours; Hotel Profitability; Yield Curve; Oil Prices; Housing Activity;
"The six month growth rate of HIL, a long-term growth predictive analytic which confirms the underlying cyclical behavior in the growth of US hotel business, has consistently slowed down in the last thirteen months hitting an annual growth rate of 0.1% in April from a high of 5.9% in February of 2015," said Evangelos Simos, professor of economics at the University of New Hampshire and advisor for predictive analytics at e-forecasting .com. "When long-term growth in HIL enters a negative territory, the US hotel industry enters the recession land," he added.
e-forecasting.com, an international economic research and consulting firm, offers forecasts of the economic environment using proprietary, real-time economic indicators to produce customized solutions for what’s next. eforecasting.com collaborates with domestic and international clients and publications to provide timely economic content for use as predictive intelligence to strengthen its clients' competitive advantage.
The US hotel industry leading indicator, or HIL for short, is a monthly leading indicator for the industry. Building off the tracking success of HIP, the real-time indicator for the U.S. hotel industry, HIL was built as a composite indicator that uses nine different components that, on average, when put together have led the industry four to five months in advance of a change in direction in the industry business cycle. HIL provides useful information about the future direction of the U.S. hotel industry.
Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.
She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.


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2017 is going to be a big year for Nissan. 2016 was a huge year, with the newly designed Nissan Frontier and Titan buffing up an already impression vehicle roster, so it’s not unreasonable to question whether Nissan can top it. But, it’s Nissan’s goal to be constantly changing, to continue to innovate. It’s an ideal that West End Nissan wants to emulate.
With that, over the next 12 months, Wets End Nissan will be bringing you two new innovations from the Nissan brand. Those innovations come in the form of two new vehicles; The Nissan Qashqai and the Nissan V Motion are coming to Canada. Due to arrive at the 2017 Canadian International Auto Show, February 17-26, these two new models are going to shake things up in the Canadian automotive world. Before you get a full look at both of these vehicles, I wanted to give you a little preview of what you might seem come February 17th.
First up, let’s take a look at the V Motion.
The V Motion 2.0 is the second generation of Nissan’s much discussed new design concept. The V-Motion design is more compact than the current Altima while offering a specific styling that allows it to stand out compared to other sedans on the road. The V Motion offers shaved door handles and suicide rear doors that give it a sleek, super car look. Ultra-thin LED headlights and taillights flank a tight back end and a gorgeous wide-mouthed grille.
The inside of the V Motion design is one that is both tech-heavy and lavish. It boasts a pale, pristine leather over its seating with a perfect zebrawood trim along the side panels and flooring. It’s equipped with a variety of innovative, Nissan branded technology. There’s a widescreen touch display that’s at the head of the infotainment features, with the back seat passengers having access to a smaller screen in the rear. It’s also equipped with Nissan’s ProPilot automated driving system for the most controlled highway drive possible. It’s the future of cruise-control and the V Motion is the future of Nissan.
Next, let’s take a close look at the all-new Nissan Qashqai
Pronounced “Cash-Ki”, this new addition to the Canadian roster is already a smash hit overseas. This small sized SUV is a prime example of Nissan’s versatility. Physically, the Qashqai offers clean cut accent lines that run along the body, with a stylized hood that angles down to an aggressively styled front end headed by the Nissan emblem. At a glance, it’s clear that this vehicle comes from the DNA of other Nissan vehicles, like the 2017 Rogue, but it’s very much its own thing.
On the inside on the Qashqai, you can expect a glut of innovative technology. Nissan vehicles have a knack for keeping you connected. NissanConnect is at the helm of the Qashqai’s entertainment suite, as well as an Around View monitor, intelligent cruise control, and a variety of impressive active and passive safety features. The Qashqai stands out, even just looking at its name. It’s the small sized SUV Alberta drivers have been waiting for.
Check out both of these amazing new additions coming to West End Nissan


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As Chinatowns have been devastated by the pandemic, it has become essential to share reminders of how much these places matter to all of us. Here are the stories of why that is very much so.
Read More ›
Interviews Los Angeles
When the Michelin guide returned to Southern California in 2019, Taco María was the only Mexican restaurant to receive a Michelin…
By Esther Tseng November 11, 2021
Resy powers the world’s best restaurants, using technology to imagine the future of hospitality.
© 2023 Resy Network, Inc.


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Buying a PC is a long-term investment, given how expensive it can be.
Computer hackers who leaked the medical records of more than 100 top athletes in a bid to reveal questionable drug exemptions may have tampered with the data, according to the World Anti-Doping Agency (WADA).
During its Computex 2016 keynote address Intel showed that its future lies in offering consumers and companies more bang for their bucks, with its most efficient, affordable Apollo Lake processors or its first ever 10-core processors built for ‘mega-tasking gamers and filmmakers.
Six visiting Interpol officials, teaming up with Bangladesh’s Criminal Investigation Department, started forensic analysis of the computers and computerised evidence related to the Bangladesh Bank heist.
A computer specifically programmed to perform singular task can give a human a run for his or her money, but when we measure a computer against the entirety of what a human mind is capable of, it’s not really all that close.
Indicating that learning from children is actually very effective, Prime Minister Sheikh Hasina today said there is no age for learning. The premier said at the PM’s Office while inaugurating the distribution programme of primary school stationeries, reports Bangla Daily Prothom Alo.
About 70 percent of the high school students using internet facility in Bangladesh say they feel helpless in face of cyber-crimes, a study reveals.
Google says that their users will now be able to ‘block’ specific email addresses-except that they are not really blocked and Google already has more powerful tools to eradicate offensive email that are already in Gmail.


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Bitcoin and different cryptocurrencies are wrapping up the lackluster week on a excessive notice. As we speak the bitcoin value rose 3.2%. Ethereum’s value jumped 8%. BNB leapt 3.8%, cardano 2.8%, XRP 2.7%, and solana 8.5%.
In the meantime, SEC watchdogs are plotting to ambush crypto markets with a “Trojan Horse” regulation.
Final week, the SEC launched a seemingly unrelated 654-page plan aimed toward regulating “Treasury markets platforms.” Professional-crypto Commissioner Peirce, nonetheless, warns it’s a sweeping crypto regulation in disguise. Whereas the proposal doesn’t point out crypto, its new guidelines would let regulators probe crypto platforms and even decentralized finance (DeFi) protocols.
“The proposal consists of very expansive language, which, along with the chair’s obvious curiosity in regulating all issues crypto, means that it could possibly be used to control crypto platforms,” Peirce wrote in an e mail, as reported by Bloomberg” She added: “The proposal may attain extra kinds of buying and selling mechanisms, together with probably DeFi protocols.”
Technically, the SEC is proposing to “develop Regulation ATS for different buying and selling techniques (ATS) that commerce authorities securities, NMS tock, and different securities,” “lengthen Regulation SCI to ATSs that commerce authorities securities” and “amend the SEC rule concerning the definition of an ‘alternate’.
In accordance with SEC Chair Gary Gensler, the amendments intention to shut a “regulatory hole” stemming from buying and selling platforms that aren’t registered as exchanges or brokerages with the SEC. He additionally famous the proposed guidelines would lengthen present rules regarding platforms that commerce Treasuries and different authorities securities.
This proposal would bind these platforms to register and be topic to regulation, which might “promote resiliency and higher entry within the Treasury market.”
Nevertheless, Peirce thinks this growth of the alternate definition may additionally function a backdoor crypto regulation. In an interview with Yahoo Finance, she stated: “The expansive definition that is being proposed for exchanges will cowl a whole lot of potential platforms that have not thought essentially that they’d be lined and that is within the conventional safety house, in addition to within the crypto house.”
That aligns with the SEC chair’s position for tighter DeFi oversight. In an interview with Wall Street Journal final 12 months, Gensler stated that DeFi platforms aren’t exempt from market rules: “Although they’re decentralized, with no central entity in cost, DeFi initiatives that reward contributors with incentives or digital tokens may enter territory that’s topic to SEC regulation.”
There might be a 30-day window counting from January 26 for blockchain trade insiders, buying and selling platforms, different insiders to touch upon the brand new SEC proposed plan.
Peirce thinks that is an unusually brief remark interval for such a major regulatory proposal. Couple with Biden’s latest government order, which will replicate regulators’ rising itch to tighten the grip on the exploding decentralized finance market.
After the remark interval, the SEC will maintain one other vote to achieve the ultimate choices. If handed, the amendments may grant the SEC entire new powers to control crypto and DeFi platforms.
Keep forward of crypto developments with Meanwhile in Markets…
Day by day, I put out a narrative that explains what’s driving the crypto markets. Subscribe here to get my evaluation and crypto picks in your inbox.


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Can Apple Get Into the $700 Club?
Aug. 28 (Bloomberg) -- Bloomberg’s Dom Chu reports on Apple’s valuation and expectations for the stock reaching $700. He speaks on Bloomberg Television’s “In The Loop.” (Source: Bloomberg)
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Alibaba Faces SEC Investigation Over Accounting Practices
53:05 - Shares in Alibaba fell the most in four months after it revealed that the SEC is looking into its accounting practices. The information was disclosed in Alibaba's annual report filing. Bloomberg's Rosalind Chin reports on "First Up." (Source: Bloomberg)


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The Ultimate Guide To Picnic Tables in Havana FL 32333
Go will ship without spending a dime but with worth shipping. Look for goods marketed by Walmart.com and marked with FREE shipping. You will also see this famous in checkout.
Errors are going to be corrected wherever identified, and Lowe’s reserves the proper to revoke any stated offer also to right any problems, inaccuracies or omissions which include immediately after an purchase has actually been submitted.
Table Rentals near Havana, Florida 32333
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Picnic Tables in Havana Florida
Havana FL - BingNews Search results
This ‘sanguich’ shop is back in Little Havana. And now they’re in a permanent spot
The sandwich shop Sanguich de Miami, which started serving pressed Cuban sandwiches with house-cured meats out of a Little Havana shipping container ... One year after Hurricane Irma, how are the Flor...
Hundreds of Shipwrecks Threaten Florida Boaters and Cost Taxpayers Millions
The New Spain fleet left Havana first and headed to the east coast of Florida to catch the trade winds back to Spain. The Tierra Firme fleet, made up of 28 vessels, left Havana six weeks later, deep i...
Cuban refugee numbers plummet in Tampa area with cuts at Havana embassy
Since the suspension of consular services in Havana, all Cuban refugees processed by a Florida nonprofit group that helps in resettlement have come through the U.S.-Mexican border. "They face a lot of ...
US, Cuba To Meet On Mysterious ‘Health Attacks’ In Havana
WASHINGTON (AP) — As American authorities search for answers into mysterious “health attacks” that began two years ago in Havana, U.S. and Cuban officials were renewing efforts to determine the method ...
The F.B.I. Is Quietly Contacting Cubans in Florida, Raising Old Alarm Bells
The incidents in Cuba resulted in a diplomatic rupture between Havana and Washington ... It is unclear whether more people were visited around the nation or in South Florida. “I think it borders on ha...


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Disney Interactive co-president John Pleasants has resigned from the company. Pleasants had been running Disney Interactive with Jimmy Pitaro, who will remain on-board as president.
“It was a collaborative decision to do what’s right for the business at a time when we have clear momentum,” Pleasants told the New York Times, in part. “It’s complicated to have co-presidents. It doesn’t seem to make sense as a long-term strategy.”
Pleasants joined Disney in 2010 when the company acquired Playdom, where he was CEO, for $563.2 million. Disney Interactive recently announced improved financial figures thanks to the success of Disney Infinity.
“Following three years of consistent operating improvement at Disney Interactive and a great partnership between John and Jimmy, we are now in a position to fulfill our original objective to consolidate our Interactive business under one Los Angeles-based leader,” Robert Iger, chairman and CEO of the Walt Disney Co. said, in part. “With Jimmy and John’s input, we have created an Interactive organization that is best structured to meet the demands of the fast-moving technology industry.”


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Monday, August 30, 2010
Hand woven fabric Corset
Kathi Posliff is participating in the Corset Fashion Show in October. She's never made a corset before but with guidance from fellow team members she's well on her way despite having decided to create her own fabric!
The sample at left is a small portion of her fabric. I'm not showing any more for two reasons:
Kathi's progress is being published in the Canadian publication of "A Needle Pulling Thread" magazine and to really do the garment justice you have to see it! So come out to the Corser Fashion Show at the Creativ Festival on October 22nd at 1:00
Kathi will be modeling this corset and another and this one will likely be on display at the Farthingales booth across from the runway at the Creativ Festival.


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Social media serves both as a window into personal style and a spotlight on the up-and-coming brands that mark cool-kid fashion. Designers like Demna Gvasalia, the founder of Vetements, created a cult brand on social media that landed him a creative director role at Balenciaga, while decades-old streetwear brand Supreme pops up all over Instagram in a new age of exposure.
DEC 12, 2018
The sneaker resale industry is valued at more than $1 billion, and resellers like Stadium Goods have received funding from major players like LVMH’s Luxury Ventures investment arm. We spoke to some of the biggest resellers in the world -- GOAT, StockX and Stadium Goods -- to explore where the sneaker resale market is now, how it got there and where it’s going.
DEC 12, 2018
The move comes at a time when the worlds of streetwear and luxury are increasingly coming together and Stadium Goods has been at the center of this convergence. The reseller previously received significant funding from LVMH’s investment arm. Both companies stand to gain from the move, each offering access to a section of their audience that the other lacks.
OCT 16, 2018
Collaborations are a major part of streetwear culture. Recent history is full of examples of unexpected collaborations, many of which are notable at least for their novelty. From Bape x Carhartt to The Hundreds x Disney to Supreme x Hanes (or Supreme x White Castle, or Supreme x Budweiser, etc.), these collaborations are plentiful. Balenciaga -- which is arguably more luxury than streetwear, but has gained a significant following in street culture -- even valiantly attempted to make Crocs seem cool.
OCT 04, 2018
For Rotarity founder Chris Hasek-Watt, the inspiration to create a rental service for streetwear came from a very pragmatic place: his own unwillingness to spend massive amounts of money on clothes he would only wear a few times.
OCT 01, 2018
For many in the fashion world, streetwear’s influence on luxury goes beyond just collaborating with Supreme or having a model wear a Thrasher shirt on the runway. The shift is deeper, stronger and more fundamental than that. Street style’s business model and philosophy — focusing on personal expression, hyped-up drops, consumer-driven trends — have all had a profound impact on the legacy brands of Europe.
SEP 05, 2018
Suitsupply has long ignored buzz about the widespread casualization of workwear. Now it’s betting big on the fact that, like men, women want to wear suits.
JUL 10, 2018
Josh Goot and Christine Centenera are rolling out their second Wardrobe.NYC capsule collection today, featuring tweaks to their business model based on learnings from Release 01. Along with fewer options and more sizes, the collection features a sneaker created with Adidas — it’s the fashion brand’s first shoe and collaboration.
JUN 12, 2018
Amid the high-low, designer-influencer, streetwear-luxury hybrid designs flooding fashion, no one's a more prolific collaborator than designer Virgil Abloh.
JUN 05, 2018
The Drop events encapsulate the blossoming bond between streetwear brands and luxury department stores, and the promise of the streetwear-inspired drop model around new inventory releases and brand exclusives. Rather than formal full-season collections, the drop model consists of single products released at a time, often with limited availability. These buzzy, timely collections drove customers to shop among a carnival-style frenzy over the weekend. For customers who didn’t make it to the event, the capsule collections are marked on Barneys.com as “DropLA” exclusives.
MAY 04, 2018
CEO John McPheters sees luxury fashion as the last piece of the retail “puzzle” Stadium Goods has been fleshing out. It already sells products through Amazon, eBay and Tmall in addition to its New York City store and e-commerce site, so according to McPheters, the mass-market customer and traditional streetwear enthusiast is taken care of.
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