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Yet the unnecessary suffering that can happen in factory farming operations around the world might not be the most moral tack for an enlightened society.
Moreover, meat, pork and foul that’s born, raised and slaughtered for human consumption has also proven to come complete with a lot of serious concerns. These include foodborne illness, lack of efficient production and serious environmental damage.
Still, the human digestive system has evolved to efficiently ingest, digest and convert animal protein into energy.
And aside from just that scientific truth, eating steaks, burgers, pork chops, bacon, turkey, chicken, sausage, etc. just plain tastes great.
Yet what if you could create food products in a laboratory setting that eliminated all of the objections and side effects of raising and slaughtering animals for human consumption — yet that also tasted great, was affordable, sustainable and a healthier way to feed humanity?
Well, that’s precisely what several new high-tech food startups are on track to do.
And they might be able to do it much faster than anyone imagines.
I first heard about this issue via a recent article in the Wall Street Journal titled, "Sizzling Steaks May Soon Be Lab-Grown."
The article explained that right now, several startup ventures are vying to be among the first companies to bring laboratory-cultured meats from cattle and pigs onto consumers’ dinner plates.
According to the WSJ:
Memphis Meats Inc., a San Francisco company founded by three scientists, aims in three to four years to be the first to sell meat grown from animal cells in steel tanks. Rivals including Mosa Meat and Modern Meadow Inc. also aim to bring such "cultured meat" to market in the next several years.
Now, if this sounds like something you’d read about in a futuristic science-fiction novel, well, I agree.
Yet "growing" meat in steel tanks from existing animal cells is anything but fiction.
In fact, burgers have been essentially grown in a lab for years. A recent project funded by Google (GOOGL) co-founder Sergey Brin resulted in a well-known industry "taste test."
The results of the taste test were reportedly mixed. But they were encouraging enough for project scientist and physiologist Mark Post, co-founder of the aforementioned Mosa Meat, to continue full-speed ahead.
For companies on the cutting edge of the cultured meat business, their lofty goals are nothing short of societal game-changers.
As per the WSJ:
The startups’ lofty goal is to remake modern animal agriculture, which the United Nations estimates consumes one-third of the world’s grains, with about a quarter of all land used for grazing.
The companies say that growing meat with cells and bioreactors — similar to fermentors used to brew beer — consumes a fraction of the nutrients, creates far less waste and avoids the need for antibiotics and additives commonly used in meat production.
Memphis Meats co-founder and CEO Uma Valeti is a cardiologist and medical professor at the University of Minnesota. Valeti said he believes that, over the next two decades, the majority of meat sold in stores will be cultured and grown in these bioreactors.
While that’s certainly a bold and ambitious statement, it also deserves serious consideration.
Don’t just take it from me; take it also from the millions of dollars these startups have already attracted in their efforts to transform the meat production industry.
In the case of Memphis Meats, the company has received approximately $2 million in funding from venture-capital firms such as SOSV LLC and New Crop Capital.
Given the size and scope of the world’s global meat consumption, the profit potential here is enormous. Consider that in 2014, America alone spent some $186 billion on meat and poultry products.
So yes, breaking into this market could be gigantic.
Of course, Memphis Meats and its fellow startups still have to overcome some big hurdles.
First, I think they will have to persuade consumers that this meat is actual meat, and not some bizarre "Frankenfood" that just seems a bit too "creepy" for human ingestion.
To do this will require lucid explanations of the science involved, and a demystifying of sorts as to what the process entails.
In the case of Memphis Meats, scientists "grow" the meat via a process that isolates either cow or pig cells with the ability to renew themselves. The cells are then "fed" nutrients such as sugars, minerals and oxygen. After a process taking between nine days and about three weeks, you have essentially grown meat.
The moral element here is that the so-called "source" cells used to grow the meat are collected from animals without killing them.
The practical element here is that the meat grown by this process will not need to be pumped up with antibiotics, steroids or other harmful chemical growth agents.
Related story: New study proves organic meat is better for you
Moreover, the foodborne illnesses associated with slaughterhouses such as E. coli contamination also will be virtually eliminated.
Now, as you might expect given this industry is in its infancy, the real hurdle to overcome here is cost.
According to the WSJ:
Currently it costs about $18,000 to produce a pound of Memphis Meats’ ground beef, compared with about $4 a pound in U.S. grocery stores, according to the U.S. Department of Agriculture.
An $18,000 burger? That’s a major cost hurdle to leap over, but it is one that I suspect could be achieved.
Certainly, Memphis Meats’ Valeti thinks it’s quite possible.
In a podcast interview with philosopher and neuroscientist Sam Harris, Valeti said:
The cost of producing naturally cultured meat we are talking about has plummeted over the last several years. We are now producing it for less than $40 per gram, and we plan to reduce this to just a few cents per gram over the next five years. While there may be a small price premium [to conventional meats] when we initially get out into the market, our goal is to reduce the cost enough to where they are on par with conventional meats — and we believe this will absolutely happen, because the current meat production techniques are inherently inefficient.
This kind of confidence from a scientist and CEO of a startup is what you want when you’re looking for unusual, and perhaps potentially very big, investment opportunities.
The bottom line here is that I will be watching the cultured meat industry closely going forward. I suspect it has the potential to be a game-changer for humanity — and possibly for investors.
What is your reaction to "cultured meats"? Is this something you would ever consider eating? Do you think this is an industry worth looking at for a potential investment? Are you excited and/or concerned with the ethical implications of reducing animal suffering?
Stocks were down for the better part of the day. But then after oil managed to close slightly higher, eking out a 0.9% gain, the broader indexes surged. The S&P 500 ended the day 0.4% higher, after being down as much as 2.8% this morning.
Elsewhere in the news today:
• Jamie Dimon might be sitting on a big loss in JPMorgan (JPM) shares. But at the company’s annual investor conference, he said he would buy JPM "all day long" even at $48. Shares are currently trading at $56.
• It was a bright day for First Solar (FSLR). The stock soared 12.4% even after it reported slower sales in the fourth quarter and a mixed outlook for 2016. However, the sector got a boost today after the World Trade Organization ruled against India’s discrimination against solar imports.
• Washington gridlock is good for stocks. And according to Debtwire’s 2016 Distressed Debt Market Outlook Survey, so is a Democrat in the nation’s highest office. The survey says that "Almost two-thirds of respondents (64%) say a Democratic president would benefit capital markets more than a Republican. And two-thirds of respondents (67%) perceive the economy to have better prospects if a Democrat is elected president."
• Southwest Airlines (LUV) is giving Amazon (AMZN) some in-flight love. Passengers will be able to buy Wi-Fi, movies and more using their Amazon Payments accounts.
Good Luck and Happy Investing,
Uncommon Wisdom Daily


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Tiffany & Co. posted quarter results that missed expectations Thursday, pushing shares of the jewelry retailer lower in premarket trading.» Read More
Bank of America beat Wall Street's third quarter expectations on Tuesday.
PepsiCo reported higher earnings on Wednesday and said it was on track to meet its financial goals for the year, despite global economic pressures.
Intel beat on earnings but its current-quarter revenue outlook was light as the PC market continues to struggle.
Yahoo beat on earnings but prices for display ads remained under pressure and its revenue outlook fell short.
He's no fan of Washington, but Marc Faber says investors should be more concerned about weak earnings than D.C. brinkmanship.
Coca-Cola reported earnings that met Street expectations as it sold more soft drinks, as well as teas and waters, despite a challenging economy.
Citigroup reported a drop in profit after the Fed's decision to continue its bond-buying program longer than expected slowed trading by clients.
Johnson & Johnson reported better than expected quarterly results on strong growth for its prescription drugs.
JPMorgan Chase swung to a loss in the third quarter, as a raft of legal and regulatory problems forced the U.S.'s largest bank to pay more than $9 billion in charges.
Wells Fargo reported third quarter earnings that hit a record, the bank said on Friday, surpassing Wall Street's estimates.
Chevron warned that third-quarter earnings would be lower than the second due to "significantly lower" earnings as fuel margins were squeezed.
With modest growth expected, corporate profit reports are likely to be more interesting for what they say about the future than the present.
Costco Wholesale Corp posted a 1 percent rise in quarterly profit and a three percent increase in its same-store sales for the month of September.
JPMorgan Chase is looking to scale back involvement with certain types of businesses, the Wall Street Journal reported Tuesday, in order to salve a battered reputation.
Despite weak aluminum prices, Alcoa reported quarterly earnings and revenue on Tuesday that exceeded estimates.
Yum Brands, parent company of KFC, reported quarterly earnings and revenue that missed analysts' expectations on Tuesday.
Twitter hopes to woo investors with rip-roaring growth despite never having made a profit in the last three years.
The struggling company reported a huge quarterly loss, days after accepting its largest shareholder's tentative $4.7 billion bid to take it out of the public eye.
New Dow component Nike reported earnings that beat Wall Street forecasts, while revenue came in on target. Shares jumped after-hours.
Carnival, the world's largest cruise line operator, saw profits sink 30 percent after mishaps on its Triumph, Dream and Legend ships.

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Baby buggy company Phil & Teds is on the hunt for acquisitions to add to its business, which is already worth $300 million by one estimate.
NBR approached Phil & Teds founder Campbell Gower for comment after hearing rumours that the company was for sale.
But Mr Gower says he’s not in any discussions to sell his 69.4% shareholding, and Phil & Teds is in fact looking for a complementary product line or sales and distribution channel to purchase.
“We could bolt on to them or they could bolt on to us,” Mr Gower says.
“There’s a bunch of things on the desk at the moment but I wouldn’t say anything that immediately makes sense.”
Mr Gower says the company has no net debt, so “something reasonably chunky would be an option.”
Last year Phil & Teds bought Hubco, a Christchurch-based roof rack manufacturer.
The Phil & Teds share register also includes private equity fund Pencarrow, which has a 27.2% stake that it acquired in May 2006.
The AMP Pencarrow Fund’s backers include the NZ Super Fund.
The fund is a joint venture with AMP Capital Investors, which also owns a stake in the AMP Private Equity Real Estate Fund II.
This fund, which owns the 5.2ha Newmarket development site currently occupied by Lion Nathan, just sold half its assets to the Abu Dhabi Investment Authority amidst reports that it was under financial strain.
Mr Gower said he did not think Pencarrow was looking to sell its Phil & Teds stake.
Pencarrow did not respond to requests for comment.
A report available from the Companies Office shows Pencarrow has valued its stake at $80.83 million in its most recent accounts.
This values the entire Phil & Teds company at just under $300 million.
The business was founded in Wellington and is now a major exporter, with stockists in more than 15 countries.
Mr Gower said the company was expecting to do around $US150 million in retail sales this year.
Phil & Teds does not retail its own products; rather, it sells to wholesalers and distributors.
Mr Gower said the business was mindful of the potential impact of a recession on retailers and was being more cautious about collecting money it was owed.
But, he said, Phil & Teds operates in a reasonably stable industry.
“People are still having babies.
“If anything, they’re having more – it’s cheaper entertainment than going out.”
Mr Gower said Phil & Teds was hoping to grow its market share as a result of the tough economic conditions even though its products are relatively expensive, as more customers may turn to a better quality product that will not require replacing.
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Aribex, Inc., a worldwide leader in handheld x-ray technologies, clarified that its Aribex NOMAD handheld x-ray devices are legal and not the subject of an investigation announced by the U.S. Food and Drug Administration (FDA).
The FDA investigation involves the illegal online sales of handheld dental and veterinary x-ray units by manufacturers outside the United States. Aribex stressed that the NOMAD, which is manufactured in the United States, is proven safe, FDA-cleared, and approved for use in almost all states. Aribex officials said the company continues to have a positive working relationship with the FDA along with other state and local radiation safety officials.
“Clinician and patient safety has always been our number-one priority in developing and distributing our handheld x-ray device,” said Ken Kaufman, Aribex president and CFO, “and we are disappointed to learn that other manufacturers may not share a similar perspective. Just as the FDA fulfills its responsibilities, Aribex is equally committed to its role as the pioneer of safe and effective, battery-powered, handheld x-ray systems.
“We support the FDA in their efforts to warn and protect, and we follow their message with one of our own: we ask dentists, hygienists, veterinarians and other certified radiation operators to understand that rapidly changing technology has made it possible for handheld x-ray systems to be both safe and effective. Not only is the NOMAD safe, patients and users have found that it improves their imaging experience,” said Kaufman.
Aribex affirmed that each of its x-ray products meets FDA requirements, including FDA 510(K) clearance and labeling. Company officials said that numerous studies and evaluations have found the NOMAD to be safe, including the Washington State Department of Health study referenced by the FDA. Aribex maintains that its NOMAD systems are superior in shielding and cone design characteristics when compared to other intraoral dental x-ray systems.
In response to challenges this may cause for U.S. dental and veterinary practices, Aribex is offering a $200 trade-up rebate on the purchase of a NOMAD to replace an illegal device. For more information on this rebate, affected practitioners should contact Aribex at 866-340-5522 or visit www.aribex.com.


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On October 23, 2018, the non-profit organization International Chemical Secretariat (ChemSec) held a webinar entitled “ChemSec Marketplace and its role in advancing safer alternatives: Focus on phthalates.”
Jonatan Kleimark, senior chemicals advisor at ChemSec, presented the organization’s website Marketplace that provides “a unique marketing opportunity for producers of innovative solutions and . . . [a] global hub for downstream user companies looking to substitute hazardous chemicals” (FPF reported). Kleimark also discussed the HCPP project which ChemSec is part of. Further, Lauren Heine and Amelia Nestler from research center Northwest Green Chemistry (NGC) presented their report on alternatives to phthalates.
NGC (October 23, 2018). “ChemSec Marketplace and its role in advancing safer alternatives: Focus on phthalates.”
NGC (October 29, 2018). “Alternatives to five phthalates of concern to Puget Sound.”
TechLaw and NGC (October 8, 2018). “Alternatives to five phthalates of concern to Puget Sound – Final report.” (pdf)


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House of Fraser will announce a raft of store closures this week and new owner Mike Ashley has rounded on “greedy landlords” for the hundreds of job losses it will cause.
The Newcastle United owner snapped up the troubled chain from administration for a reported £90m, and has since been embroiled in talks with landlords over rents.
It has now emerged that seven House of Frasers have been saved from closure – including the two North East stores previously earmarked for closure in Middlesbrough and Darlington , safeguarding more than 100 jobs between the two shops.
But the Sports Direct owner has warned that time is now running out for the remainder of the 59-store estate, despite a previous pledge that he would save 80% of the stores.
A spokesman for House of Fraser said: “Some landlords are being very collaborative in order to give us a chance at turning the business around, giving House of Fraser a lifeline and saving hundreds of jobs.
“However, some greedy landlords would rather see the stores close than help save the jobs of hundreds of people.
“We will continue to try and convince these landlords but ultimately time is running out. Some closures will be announced.”
It is understood that landlords are reluctant to agree to the low rents Mr Ashley is demanding.
When he took over the firm he pledged to save around 47 of House of Fraser’s 59 outlets and recently struck a deal to save House of Fraser’s flagship store in Oxford Street.
Mr Ashley said: “It is a massive step forward and further enhances our strategy of elevation across the group. My ambition is to transform House of Fraser into the Harrods of the high street. We will do our best to keep as many stores open as possible.”
James Keany, head of national agency at CBRE acted on the negotiations for the Middlesbrough and Darlington stores.
He said: “This is another example of what can be achieved when the landlord works with us to ensure we deliver on the House of Fraser rescue plan.
“This deal also shows the commitment from House of Fraser not only to key flagship locations such as Oxford Street but also across the rest of the UK in regional markets.”


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Shanghai and Hong Kong led most Asian markets up in another volatile day Tuesday after Chinese data showed imports and exports sank in August, adding to concerns about the economic giant that have convulsed global equities.
But news that Japan’s economy had contracted less than expected was unable to prevent a sharp fall in Tokyo, despite speculation the country’s central bank will likely have to unveil fresh monetary easing measures, which usually supports stocks.
The AFP reported that figures out of China and Japan are the latest to highlight the battle facing the world’s second and third biggest economies as Washington considers tightening monetary policy with US growth rattling along.
Analysts said the recent international market turmoil caused by worries over China – and uncertainty over US interest rates – had left investors nervous.
In Beijing the customs bureau said exports fell 5.5 per cent year-on-year while imports plunged 13.8 per cent.
While the export data was better than forecast and the import figure was affected by plunging commodity prices, the news is a concern owing to China’s role as the world’s biggest trader in goods and a crucial driver of global growth.
On Monday Beijing revised down its original reading for growth in 2014 to 7.3 per cent, its slowest rate in a quarter of a century.
Tuesday’s result also comes despite a series of measures unveiled by authorities to halt a sharp slowdown in the economy, including five interest rate cuts since November and several reductions in the amount of cash banks must keep in reserve – each aimed at boosting lending.
Last month leaders surprised the world by devaluing the yuan, a move that sent shudders through financial markets.
“The trade data confirms the Chinese economy is still mired in a deepening slowdown and the measures the government is introducing to bring back stability are failing to encourage investors,” Ronald Wan, chief executive at Partners Capital International in Hong Kong, told Bloomberg News.
Thursday sees the release of further data, on inflation, retail sales and investment.
Shares in Shanghai ended 2.93 per cent higher at the end of a day of wild swings. The index fell as much as 2.25 per cent at one point and was 3.06 per cent up late afternoon business.
The mainland Chinese market surged more than 150 per cent in 12 months before hitting a peak on June 12, when it began a crash that has seen it so far shed about 40 per cent.
Source : Punch


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Google give a hint to launch new foldable Pixel phone for Q4, 2021. Some developments on that front have been made public ever since, with a launch estimated for the device in late 2021.
A new piece of information doubles down on this timeline and might be a confirmation of its upcoming launch. The information comes from David Naranjo, Senior Director at Display Supply Chain Consultants. A recent tweet by Naranjo shares a list of devices that are available or are rumoured to use LTPO OLED panels from SDC.
Among these is the mention of Google Pixel Fold, with an estimated launch slated for Q4, 2021. The tweet marks the increase in the number of devices that use the display technology since the launch of the new iPhone 13 Pro and iPhone 13 Pro Max. As such, the tweet is an indicator of yet another feature we can expect on the Pixel Fold by Google – the use of an LTPO OLED display.
This is not the first time that the Pixel Fold’s launch timeline has been hinted at. An internal Google document that made its way to the internet last year had pointed out three devices in the making. Codenamed ‘Raven,’ ‘Oriole’, and ‘Passport’, the last one among the three was speculated to be a reference to the Pixel Fold.
The first two were the radically redesigned Pixel 6 and Pixel 6 Pro, due to launch globally next month. Launch for all the three phones was anticipated for 2021-end, and we already know that to be true for at least the two of them. Alongside the tips on hardware development, Google is known to actively pursue a more optimised Android for foldable devices.
Though this began as a medium to enable the platform for foldable smartphones by other OEMs, it will not be a surprise if Google comes out with its own device to make the best use of it, as is the relation with the Pixel phones and Android OS.


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Primer, the U.K. fintech consolidate the payments stack and easily support new payment methods in the future of merchants has raised £14 million in Series A funding. The round was led by Accel, who were quite proactive in persuading Primer to take the VC firm’s money.
The company wasn’t actively fund-raising, having quietly raised £3.8 million in funding announced in May.
Also participating in the Series A are existing investors: Balderton, SpeedInvest and Seedcamp, who were joined in the round by new backer RTP Global. Sonali De Rycker, partner at Accel, will join Primer’s board.
The thinking is that larger merchants, especially those that operate in more than one geography, have to support an array of payment methods, which brings with it substantial technical overhead, a poor user experience, and lack of transparency.
Primer declares the additional funding will be used for international business development and scaling its team. Billed as a remote-first company, Primer has 23 employees across six countries, and says it has already picked up traction across mid-market and large enterprise e-commerce merchants across Europe.


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Loja sells Downtown Pleasant Hill shopping center for $100M
Loja Real Estate LLC just sold the Downtown Pleasant Hill Shopping Center for $100 million — a cool $20 million more than Loja paid for the center in 2010. The deal is Loja’s second major retail center flip since in less than three years. The buyer for the Pleasant Hill property is an account advised by the US real estate business of UBS Global Asset Management.
“We are delighted that UBS is involved with this asset,” said Tom Engberg, Chief Executive Officer of Loja Real Estate, in a statement. “They understand the value of this property as a community asset for the town of Pleasant Hill. We believe they will carry on with the program of improvements we instituted here.”
The 345,687-square-foot shopping center encompasses multiple buildings and is known for its prominent archway reading “Pleasant Hill” that provides a downtown feel to the East Bay city. It’s tenants include Century Theaters, Lucky Supermarket, Bed Bath & Beyond, Michaels, Ross, Golfsmith, Paul Mitchell the School, Carter’s, and Zachary’s Chicago Pizza.
“Loja’s real estate team is to be commended for adding value to an already strong property,” said Katherine Burr, CEO of Loja Group LLC, the parent company of Loja Real Estate. “We felt, however, that this was an opportune time to sell and advance other important initiatives at Loja.”
Loja bought and flipped another property, the Shops at Waterford, a Safeway-anchored shopping center in Dublin. The firm paid $44 million in January 2010 and then sold the center for $54 million in February 2011.
Blanca Torres covers East Bay real estate for the San Francisco Business Times.
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July 1 (Reuters) - Precious stones miner Gemfields Plc said its auction of emeralds would take place a month later than originally planned and that the delay would lead to a 46 percent fall in full-year auction revenue.
Gemfields, owner of the Fabergé luxury jewellery brand, said its auction of higher-grade rough emeralds would now take place in Lusaka, Zambia from July 15 to 19, instead of Singapore, where it was originally scheduled from June 10 to 14.
The Zambian government issued a directive in April that all auctioning of emeralds be held in Zambia as their sale in foreign markets contributes to capital flight.
Gemfields said on Monday that it had completed only two auctions in the financial year ending June 30, 2013, due to the delay, generating aggregate auction revenue of $42 million.
In the prior financial year, four auctions were held, generating auction revenue of $77.9 million.


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The collection of events is dubbed Against All Odds. Presidential spokeperson Amos Chanda was also at Bookworld where Mukwita – the Deputy Ambassador to Sweden – was selling his book at K150.
President Lungu daughter Tasila also stopped by the stand.
MUKWITA WRITES BELOW
On a rare occasion in Zambia, Zambians today flocked in numbers to Manda Hill to get themselves an early bird copy of President Edgar Lungu’s rough journey to state house book ‘Against All Odds.’
Author Anthony Mukwita who is in the country was stationed at the book store to autograph the copies for anxious and excited readers.
The rarely packed store today swarm with people from all sectors eager to get themselves a copy of the biographical journey of the Zambian President.
An excited Mukwita described the reception as overwhelming.
“It has really been a wonderful reception it is actually far better than I had expected,” Mr Mukwita said.
“Can you imagine people actually started coming an hour earlier than the book signing and now the store owners have asked me to actually stay another hour.”
The book which has hit several major online books stores can now be accessed in BOOKWORLD stores at only K150.


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Microsoft is hosting a Windows 10 devices event in New York on the 6th of October, presumably to talk about first party Windows devices.
It has been theorised that the company will announce the Lumia 950 family, the Surface Pro 4 family and the Microsoft Band 2 – some even added a later debunked Xbox Mini into the mix .
Now with Microsoft announcing the event officially with a live stream, a curious reader investigated the site and found more hints as to what was coming.
In particular, we can see the relevant key words for the event are “Windows 10 devices, Windows devices, Microsoft Band, Microsoft Surface, Lumia…Windows Phone”.
This corroborates the rumours that Microsoft is announcing the Surface, Lumia and Band devices next month, all there is left to do from now all we have to do, is wait and see.


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Bandai Namco has released a new trailer for the upcoming added fighter to Jump Force, Kane. However, Kane won’t be the only villain being added to the roster as Galena has also been confirmed to hit the game via a free update that’s set to go live some time this week.
Check out the new trailer featuring Kane below:
Along with the two added Jump Force original characters a flurry of other features will hit the game with the new update version 1.10/1.11. Players will also receive an added sword fighting style ‘Type D’, a Raid Boss Battle online event, an added clan boost, new event tickets and costumes purchasable at the Shop Counter.
You can check out the full patch details from Bandai Namco here. The new update is scheduled to arrive some time later this week, though no official date has been revealed.
Jump Force is currently available for the Ps4, Xbox One and PC.


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Dishcrawl Returns to Explore Downtown Evansville Restaurants August 13th
After a successful run during their inaugural "crawl" down Franklin Street earlier this month, the San Jose-based start-up, "Dishcrawl" will host a follow up to their unique event through the streets of Downtown Evansville.
If you missed the first Dishcrawl go-around and aren't quite sure what it is, Evansville Dishcrawl Ambassador, Michael Armanno, says the event looks to create "dining experiences and events to satisfy anyone’s craving...to show food lovers the best dishes in local restaurants", and to introduce people "to the faces behind their favorite restaurants." Additionally, he says the event on Tuesday, August 13th is “...a great way to bring people back downtown and boost the local economy. It gives the restaurants a chance to introduce themselves to the community.”
As was the case with the Franklin Street version, what restaurants will be featured is a mystery, which according to organizers is part of the fun. Participants aren't alerted to the locations until two days before the event, however they have been known to drop hints through their Twitter account.
Regardless of which restaurants are selected, Evansville residents like myself know there's no shortage of great food in the downtown area. From the classic bar food offered at Backstage Bar & Grill, and Main Gate Sports Bar, to the authentic Italian taste of Angelo's and Milano's, there's plenty of choices to fill your belly.
Reservations are $45 per person and can be purchased through the Evansville Dishcrawl website. However, tickets are limited, so be sure to get yours now.


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MESSAGE SENT: Jury Hammers Johnson & Johnson with $4.69 Billion Talcum Powder Verdict
It took a St. Louis jury less than 8 hours of deliberation to award $550 million in compensatory damages to 22 women who claimed Johnson & Johnson’s talc-based baby powder contains asbestos and substantially contributed to their development of ovarian cancer. It took that same jury less than an hour to hit J&J with $4.14 billion in punitive damages for failing to sufficiently warn consumers about the product’s cancer risks.
The message to J&J was clear: its signature product is not safe.
The trial started in early June and was the first multi-plaintiff trial in the St. Louis talcum powder litigation. Testimony spanned over five weeks and arguments centered on the question of whether J&J’s talc-based baby powder contains asbestos and whether consistent usage could lead to ovarian cancer. It marked the first St. Louis talcum powder trial to include the claim that J&J’s talc-based baby powder contains asbestos. In what was perhaps a telling sign, J&J’s talcum supplier Imerys settled with the 22 plaintiffs for $5 million prior to trial.
Just over two weeks ago, plaintiffs’ counsel dropped a bombshell when they introduced evidence that J&J and Imerys had secretly funded a talcum powder study that dismissed claims that the product can cause ovarian cancer. Plaintiffs also introduced evidence that J&J has known its talcum powder could contain asbestos since the early 1970s yet failed to warn consumers of the potential risks.
Talc, which is considered “possibly carcinogenic” by the World Health Organization, is mined from the earth and can naturally form alongside asbestos. While J&J claimed their own internal testing consistently showed their talc-based baby powder did not contain asbestos, the jury ultimately sided with the plaintiffs’ studies showing that talcum powder can be laced with the toxic mineral.
The verdict is the fifth plaintiff win in the six trials in the St. Louis talcum powder litigation. All 22 plaintiffs had been diagnosed with ovarian cancer and claimed that their disease was caused in part by years of perineal talcum powder usage. Sadly, six of the plaintiffs had already passed away.
GoldenbergLaw is currently investigating the use of talcum powder and its link to ovarian cancer. Contact GoldenbergLaw for referral opportunities.
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Amazon app users on iOS are currently facing issues that are restricting them from placing any new orders or even checking their purchase history. The issues seem to have affected several users in India and some other markets. However, it is important to point out that not all Amazon customers are facing the problem. Users on Amazon's Android app don't appear to be affected. When Gadgets 360 reached out to the US e-commerce giant, it admitted to the issues being faced by some users and promised to bring a fix.
Multiple users have reported on Twitter that they are not able to access the Amazon app on their iOS devices due to a “CS11 error.” The problem that has apparently been around since Tuesday afternoon seems to be not just limited to India but exists for users in various other parts of the world, including Europe and the US. Some of the affected users have also mentioned the issues persist even when they reinstall the app.
Some users have also taken to Reddit to complain about the issues they are facing on the Amazon app.
An Amazon spokesperson acknowledged the problem in an emailed statement to Gadgets 360. “We're sorry that some customers may be experiencing issues while shopping. We appreciate your patience as we work to resolve the issue,” the spokesperson said.
The spokesperson, however, didn't provide any clarity on whether the problem is limited to a certain iPhone model or a particular iOS version. Gadgets 360 was not able to replicate the issues at the time of writing.
DownDetector shows that Amazon is facing server-side connectivity problems for some users, with most reports coming from the people using its mobile apps.


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Volkswagon Associates With Exhibit Technologies To Present Tech Fashion Tour 2016 – Autumn winter Collection
– Dell ,Lacie and Nubandis the technology partner for one of its kind Tech Fashion Tour.
After an overwhelming response in the last season, Exhibit Technologies announced the second season of their star-studded “Tech Fashion Tour 2016 – Autumn Winter collection” on 21st September at St. Regis, Mumbai. One of its first kind events, bringing fashion and technology on one platform, the second season of Tech Fashion Tour 2016 will be presented by Volkswagen Beetle. Dell, Lacie and Nubandhas come on board as the technology partner.
Exhibit Technology amalgamates the best in technology with the best in fashion, making Tech Fashion Tour, one of the most sought after event in the lifestyle segment. The Fashion Tour will witness some of the leading designers presenting exquisite collection inspired by technology, showcasing unique fabrics and unveiling of new gadgets in a star-studded evening.
Exhibit Group Founder & CEO, Mr. Ramesh Somani said, “Technology and fashion have become synonymous in today’s time. With Tech Fashion Tour our endeavor is to create a platform where technology innovators and designers both can showcase their remarkable products exclusively. The very near future demands seamless convergence of Technology & Fashion. This is a very unique property and we are happy to be the first to embark on this journey.”


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Microsoft Corp., the world’s largest software maker, said it’s working with China’s government to evaluate its Windows 8 operating system after the software was excluded from a government purchasing order.
Lenovo Group Ltd. Chief Executive Officer Yang Yuanqing took on personal loans to buy company shares in June, Chairman Liu Chuanzhi said in a conference call today. Yang’s investment displayed his confidence in the company and “a long term mentality,” Liu said.
Lenovo Group Ltd., which is buying Motorola Mobility from Google Inc., plans to make the phonemaker profitable within four to six quarters without eliminating jobs, Chief Executive Officer Yang Yuanqing said.
Lenovo Group Ltd. agreed to buy Google Inc.’s Motorola Mobility phone unit for $2.91 billion, as the world’s largest personal-computer maker continues a buying spree of U.S. technology businesses. Lenovo fell 8 percent.


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Rupert Murdoch slams Google for invading privacy
The media tycoon Rupert Murdoch has criticised Google for "privacy invasion" and labelled the search giant as being worse than the US National Security Agency.
The media mogul declined to elaborate on his criticism, made on the Twitter social media platform.
The comments mark an escalation in Mr Murdoch's hostility toward Google but are likely to be seen as ironic given accusations of hacking made against some former staff at one of his UK newspapers.
Mr Murdoch also used Twitter to praise the Irish founders of online payments firm Stripe as "brilliant". He described Patrick and John Collison's start-up as "outstanding".
"In San Francisco, just looking many [sic] start-ups," Mr Murdoch tweeted on Sunday. "Mixed successes ahead, but Stripe, by brilliant Collison brothers outstanding."
The praise comes after Stripe invested €2.2m in a rival virtual currency to bitcoin. Called Stellar, the open source initiative is an attempt at "figuring out how to efficiently move money", according to Stripe's chief technical officer, Greg Brockman.
"Stellar is, like bitcoin, a decentralised payment network," he said. "Unlike bitcoin, it supports transactions in arbitrary currencies. You can use dollars, euros, bitcoins, or anything else."
Over 500,000 people have signed up to receive the new currency in its first two weeks.


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Businesses in the private sector are losing a total of £144bn a year through fraud, with £12bn being lost through payroll fraud alone, a new report has found.
The Annual Fraud Indicator 2016, conducted by the UK Fraud Costs Measurement Committee with Experian, PKF Littlejohn and the University of Portsmouth’s Centre for Counter Fraud Studies, found the annual total cost of fraud in the UK stands at £193bn per year.
Gary Webb, of the Bond Payroll Services, noted that any business can be prone to fraud. “Payroll fraud goes on quite regularly in businesses without them knowing about it. There is high and low-level fraud going on. Low level [fraud] is things like adding on a few miles onto an expenses claim. Then there are people who are genuinely out to defraud a company, such as the ghost employee level [ie the number of people on the payroll who don’t actually work for the company in question] – where people involved in the payroll process actively seek to defraud a company.”
Webb went onto comment to the CIPD that implementing a strong audit system is often necessary. “From a people point of view, one of the key things is knowing your people – who is doing the payroll? [Regularly] check there are no duplicate employees or duplicate bank transfers; it is pointers like that which will give you an indication that something isn’t right.”
While payroll was found to be responsible for 8 percent of losses through fraud in private businesses, the biggest source of loss was found to be related to procurement. the prompted an annual loss of £127bn.
The report said some of the most common ways this occurs include legitimate suppliers adding unauthorised costs to invoices; legitimate suppliers colluding with staff to add additional costs to an invoice; fraudulent suppliers and staff submitting false invoices for payment; and fraudulent staff diverting legitimate payments to themselves.
Rebecca joined the HRreview editorial team in January 2016. After graduating from the University of Sheffield Hallam in 2013 with a BA in English Literature, Rebecca has spent five years working in print and online journalism in Manchester and London. In the past she has been part of the editorial teams at Sleeper and Dezeen and has founded her own arts collective.


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ACIS continues to grow
Distribution group ACIS has continued to go from strength-to-strength with a seven per cent turnover increase in its last financial year.
Turnover for the business is up from £97 million in 2015 to £104 million in the last financial year, a factor it puts down to wins including GEFCO, Vauxhall Fix Auto and TrustFord.
There have also been increased sales of ACIS’s web-based reporting suite including Ascribe, its online stock management and replenishment system.
CEO of ACIS Graham O’Neill said, ‘The last financial year has been very positive for ACIS. We had already doubled the marketshare growth of the industry norm, a major achievement in a highly competitive sector but the seven per cent increase in sales highlights a winning formula that is first and foremost customer-centric.’
Earlier this year, ACIS, posted figures revealing it had outperformed the sector in 2015 along with an ‘order fill’ performance of 98%.


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The plumber is going portable as Apple has announced that Nintendo will be launching a Mario game for iOS devices. Initially, there was a lot of outrage from Android device owners for no confirmation of an android release date. But the company cleared everything up by saying the game will also come to Android devices next year. Super Mario Run Android release date could be set to the first half of 2017.
Super Mario Run Android Release Date – Game is rumored to release for Android devices in the first half of 2017
The game is an endless runner in which Mario sprints from left to right. Players will have to tap the screen to make him jump over enemies and obstacles. As the game progresses, there will be power-ups that will change the way the game mechanics work. The ultimate goal is to get to the flagpole as quickly as possible.
“For the first time players will be able to enjoy a full-fledged Super Mario game with just one hand, giving them the freedom to play while the subway or, my favorite, eating a hamburger.” Miyamoto said.
Miyamoto recently uploaded a video of himself playing the game with one hand while doing all manners of stuff with the other. This ranges from lifting weights to eating hamburgers to even just greeting people with a handshake.
With the news of Super Mario Run Android release date made lately, we won’t be surprised if the game also arrives on Nintendo’s upcoming console the Nintendo NX and previous consoles like the DS and Wii U. For now, the Super Mario Run Android Release Date is predicted to be in the first half of 2018 based on rumors. Nintendo hasn’t confirmed these rumors so we’ll have to wait and see.
Stay tuned to MobiPicker for more Super Mario Run Android Release Date rumors, news, and updates. You can also check out other Nintendo stuff at our site.


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The Federation of Wholesale Distributors has warned the proposed Deposit Return System could have an initial cashflow impact for wholesalers of more than £300,000.
The FWD submitted a seven-page submission to the Scottish Parliament ahead of the consultation on DRS closing this week.
One of the key concerns raised in the document submitted by CEO James Bielby is the initial outlay wholesalers will be obliged to pay once the 20p deposit and 3.3p producer fee have been added to the cost of DRS stock.
The FWD submission also highlighted the complications associated with having one system for Scotland and a separate system for the rest of the UK.
“Introducing a scheme in Scotland first causes huge issues for UK-wide wholesalers,” said Bielby. “Two selling prices means two sets of SKUs and, in effect, a hard border for drinks between Scotland and England. So wholesalers would have to segregate stock, which might require a significant increase in warehouse space.”
The FWD estimated additional warehousing requirements could cost between £500k and £3m.


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Off Licence News reports that alcohol producers are looking at taking legal action against local councils imposing “voluntary” bans on selling higher strength beer and cider in the off-trade.
Nigel McNally, managing director of Brookfield Drinks, which markets 9% abv Kestrel Super lager and 7.5% Diamond White cider, said local authorities could be bankrupted by the compensation they would be forced to pay out if they lost. Hundreds of off-licences, including the East of England Co-operative, have taken beers and ciders as low as 5.5% abv off their shelves as part of a drive to tackle street drinking, and in some cases the ban has been enshrined in premises licences.It’s also good to see producers of premium products like Henry Chevallier Guild of Aspall Cider getting involved, as they have just as much to lose, if not more, and should not deceive themselves that somehow they can avoid being tarred with the same brush.
But producers believe the schemes are illegal. McNally said: “People are being affected commercially, and when that happens companies will respond, probably collectively. Councils will be challenged and claims brought. Some councils could potentially go bust if it’s demonstrated it’s illegal, and that’s been our advice.”
Gordon Johncox, managing director of Aston Manor Brewery, which produces 7.5% Frosty Jack’s cider, added: “According to our advice super-strength bans could be breaking competition law if there is a concerted agreement between competing parties. If the local authority facilitated a dialogue it could be seen as illegal.
“A bigger issue is we’re hearing retailers feel coerced into participating, fearing they may jeopardise licences if they don’t.”
Let us hope that the courts move swiftly to reinforce the point that councils have no right to prevent the sale of entirely legal products within their areas.
It’s also very noticeable how councils who are constantly pleading poverty and unable to provide basic services properly still seem to have money to burn on things that are none of their business. And surely, if there really is a problem with street drinking, the answer is to pass a local by-law to prohibit it (although there are concerns that can be applied in a heavy-handed manner) and then actively enforce it, rather than penalising responsible consumers as well.


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Nov 21 2011
Recently, Mobile IM app maker, Nimbuzz, entered online retail market with the launch of its new site, of cellphones via its new site Ncarry.
nCarry.com is the result of more than four years of partnerships with the top operators and handset manufacturers of India. nCarry.com is a fast growing e-Commerce destination in India, which caters to handset sales in India.
NCarry is jointly owned by Naspers/MIH (who also have investments in Tencent, Mail.ru, Gadu Gadu, Tradus, ibibo etc) and Capital Mangrove (who have also invested in Skype).
Even, Aircel has chosen it to power its iPhone 4S pre-order system. The site at first glance gives an impression of being inspired from Flipkart. We checked a couple of phones on both sites and found Ncarry to be slightly cheaper (BlackBerry Bold 9900 for Rs 32,900 on Ncarry and Rs 33,000 on Flipkart).
However, it is too early to call it a winner as Flipkart is an established player with a proven track record while Ncarry still has a long way to go. We will be keeping a close watch on Ncarry in the coming weeks and months. Ncarry also provide an option for the customers to track the status of your delivery.


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- Re-used crypto keys expose millions of devices to attack
- Lenovo patches serious vulnerabilities in PC system update tool
- SAFECode: How to ensure you’re buying safe software
- Game on: two more crypto-ransomware threats for Linux web servers emerge
- This gizmo knows your Amex card number before you've received it
Hutchison Telecommunications Australia - News, Features, and Slideshows
Vodafone could be seeing the beginning of a customer turnaround, with the telco adding customers in the second half of 2014 after several periods of loss, according to financial results released Wednesday by Hutchison Telecommunications Australia Limited (HTAL).
Hutchison Telecommunications Australia (HTA), which has a 50 per cent share in Vodafone Hutchison Australia, has reported a $408.8 million loss for VHA, compared to $175.4 million in 2011.
Continued struggles in the joint networks of Vodafone Hutchison Australia (VHA) led to increased churn levels away from the operators during the last quarter of 2010, Hutchison Telecommunications Australia (ASX:HTS) has reported in its full year results.
- CMO’s top 10 martech stories this week
- How content, personalisation and product fit into REA Group's new marketing strategy
- AANA and IAB Australia launch new native advertising best practice guidelines
- Report reveals advertising viewability in Australia lower than any other country
- Aussies use connected home devices for consuming content but demand authenticity


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Alibaba Group, owner of China’s largest online shopping platforms, is undergoing its third major reorganization in the past 19 months as the company continues to adapt to the country’s fast-growing e-commerce environment.
Alibaba - which in July was split into seven major business groups - is now being divided into 25 business units, overseen by two committees: a strategic committee under the direction of the Alibaba Group board, and a management and execution committee primarily made up of nine top company managers.
In a Jan. 10 letter e-mailed to Alibaba Group’s 24,000 employees, Alibaba Group Chairman and CEO Jack Ma called the unusual move to split into more than two dozen discrete business units - some quite small and each with its own general manager or unit president - a transformation aimed at helping the company reach its goal of operating an e-commerce "ecosystem" that benefits small businesses, consumers and the economy as a whole.
"We are going to make the most difficult organizational and cultural transformation in Alibaba's 13-year history," Ma wrote. "The change is most difficult because we are trying to implement our ideals for the future and no one has done this before." Ma concluded the letter by urging employees to "work together to make every business unit small but beautiful, and enable them to collaboratively drive the development of and create value for the ecosystem."
The reorganization will help Alibaba remain flexible and nimble in a rapidly changing Chinese Internet environment that, among other trends, is quickly shifting to mobile e-commerce, said Alibaba Group CFO Joe Tsai.
The establishment of smaller units is expected to break down artificial barriers within the company, improving operational synergies as well as transparency among Alibaba's myriad e-commerce businesses, Tsai said.
"Rather than looking at six or seven big business groups, each of the 25 units could be a significant player in their industry and be very influential," he said. "For example, for the first time we have broken out the (online) travel category as a separate business unit on par with Tmall," the company’s market-leading B2C (business-to-consumer) online shopping website.
Creating stand-alone business units will allow Alibaba to focus and compete more effectively in the travel space as well as in other emerging e-commerce fields, which in China have the potential to eventually rank among the world's largest online markets, Tsai said.
The new structure also will create more opportunities for Alibaba Group's youthful managers, who will take on more responsibility within the organization, he said. "I think they will feel empowered and it will give them a chance to really stretch their legs," Tsai said. "It makes them accountable, they can't blame things on their bosses." The managers of the 25 business units are expected to be named in the next few days.
Alibaba Group currently dominates major sectors of Chinese e-commerce. The sprawling company owns Taobao Marketplace, China's largest C2C (consumer-to-consumer) website; Tmall, which holds more than 50% of the B2C market; and Alibaba.com, the leading B2B (business-to-business) platform. An affiliated company, Alipay, is China's leading online electronic-payments provider.
Tsai noted that most of the newly established business units "in some shape or form have existed all along, buried in larger companies."
But by "de-emphasizing the idea of a B2B company, a Tmall company, a Taobao.com company," Alibaba hopes to spur creative interaction among business unit managers looking to improve performance by cooperating with other Alibaba units. The smaller companies “have grown from sort of teenagers under parental guidance into adults who can now interact with each other in a more social environment,” Tsai said.
This latest reorganization is part of an ongoing effort by Alibaba Group to remain nimble and innovative during a period of rapid expansion. In July 2011, Taobao was split into three separate businesses; a year later, Alibaba.com was divided into two companies as part of a realignment that created seven major business groups.
The frequent restructuring "is a reflection of the fast growth of the whole Internet space and the e-commerce landscape," Tsai said. While Alibaba's total number of employees has been stable over the past year, revenues are soaring - Tmall and Taobao Marketplace recently announced their combined GMV (gross merchandise value, a measure of total sales) exceeded RMB $1 trillion ($157 billion) in 2012, up about 60% over 2011 results.
"We are in a hypergrowth environment," Tsai said. "While we didn't grow headcount, the scale and influence of e-commerce on the economy has definitely increased."
With that growth, "more and more we have come to realize that we are not just a company. We are operating an ecosystem” that includes thousands of other companies providing services that support e-commerce, as well as millions of small online vendors and their customers. "Through this realization we started to think proactively about changing our own organization to meet these challenges."
In his letter to Alibaba employees, Ma, the Alibaba chairman, named nine top managers to the management and execution committee, which will have oversight over the 25 business units. The members include current Taobao Marketplace President Leo Jiang; Tmall President Daniel Zhang; President of group-shopping website Juhuasuan Zhang Yu; eTao President Eddie Wu; China B2B business executive Zhang Jianfeng; Chief Data Officer Jonathan Lu; Alibaba Cloud Computing chief Wang Jian; Alibaba.com China Business Unit President Ye Peng; Alibaba.com International President Sophie Wu.


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The 20th annual Tampa Pro 2014 has arrived! Presented by Nike SB, the event officially started March 21st and runs through Sunday March 23d. Click here to watch the live broadcast all weekend here on the Go Skate Blog.
Forget the flowers and halt the Hershey’s, nothing says “I Love You” like a fresh pair of Dunks! The Nike SB Dunk Low Premium “Valentine’s Day” editions are set to release this Friday, February 14th. We’ll have them in-store at 9AM (PST) and we might make them available online later that day. Read more for details.
Better late then never! The Nike SB x Diamond Dunks are in! Available on Wed. Feb. 12th at 9AM PST in our retail store. We’ll announce on Twitter and the other social platforms when they go live at Skate Warehouse, be on the lookout after 10AM PST. After in store sales the remaining inventory will be available online. It’s going to be a Hump Day Dunk Day!


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As December approaches, so do the Christmas adverts. Eager to grab a slice of the £40 million ($65.4 million) that is expected to be spent this festive season, according to Deloitte, the U.K.'s retailers battle to outdo themselves to produce the most glamorous, sentimental and heart-warming Christmas campaign.
So far this year, the U.K has seen family Christmases through the years from supermarket Tesco, soldiers reunited with their families at supermarket J. Sainsbury and Alice in Wonderland from retailer Marks and Spencer.
And usually, the bigger the budget, the bigger the impact. But maybe not this year.
High-end department store Harvey Nichols – which has eight stores across the U.K. and Ireland – lacks the budget of its larger rivals, but its 2013 festive advertisement has caused quite a stir.
The "Sorry, I Spent It On Myself" campaign, launched on the retailer's website and YouTube page this week, encourages shoppers to spend less on their loved ones this Christmas – and more on themselves.


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Assassin's Creed 4: Black Flag and Assassin's Creed: Rogue are coming to Nintendo Switch, according to a listing from online retailer The Console Club.
The listing, which was spotted today by an eagle-eyed forummer on ResetEra, is a placeholder for what appears to be an Assassin's Creed bundle for Switch featuring remastered versions of Black Flag and Rogue. Games industry analyst Daniel Ahmad also commented on the post, calling the news ‘real’.
The listing includes a date of December 6, although it's unclear if this is a release date. We've reached out to Ubisoft for comment.
It's likely we'll be hearing more about these games during tomorrow's Nintendo Direct, which is slated to focus on Switch news. So far Nintendo has only confirmed that we'll be hearing from Luigi's Mansion 3, as well as Pokemon Sword and Pokemon Shield.


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RIM will put the BlackBerry 10 operating system in the hands of developers this May by giving away 2,000 prototype devices at BlackBerry World.
The company says it is relying on developers to familiarise themselves with the crucial new OS in order to build compelling applications for the platform, when it launches later this year.
The company pulled a similar stunt at last year's BlackBerry World expo in Orlando, Florida, when it gave free PlayBook tablets to developers who then failed to produce an engaging suite of apps.
This time RIM hopes it will be different.
Saving it for launch buzz
However, developers won't be getting the finished product, in fact RIM says the developer preview and prototype handset will look nothing like the completed designs.
"It's a huge step forward on our path to eventually launching BB10," said Alec Saunders, RIM's vice-president developer relations. "It's tangible evidence of the company making progress to finally shipping the device.
"The experience on this device from a consumer's perspective is not in any way indicative of what the final experience on BlackBerry 10 will be like. We are holding that back to create the interest around that at launch time."
The BB10 line-up will debut in the latter part of 2012, and the scenario is quite clear: It's win or bust for BlackBerry.


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The New York Times recently had an interesting piece about the upcoming public launch of Zelle. Zelle is a mobile peer to peer payment network technology that competes against Square Cash, Paypal, Apple Pay, and the popular Venmo app. Basically you use your mobile device to send money to anyone given their email or phone number - no need to dig for change or have cash handy.
The technology here isn't revolutionary and has been around for a number of years - what I find interesting is that it took the established industry of retail banking 6+ years to role out a product like this. Despite being owned by every big US bank (JP Morgan, Wells Fargo, Bank of America, etc.) it experienced a ton of delays and missed deadlines. The industry has realized (potentially to late) that Fintech companies are rapidly gaining traction with younger consumers who prefer their offerings. This is a textbook example of a incumbent industry fighting upstarts but being a bit behind the curve.
However, Zelle is taking the right approach in my mind and leveraging its backers by not initially offering a stand alone app like its competitors but seamlessly embedding itself in the mobile banking apps of its backers using a standard consumer facing interface. No need to start at a 0 install base when millions already use the banks' existing apps. Zelle is also taking the next step ahead of its competitors of having money transfers be instantaneous with no delays for clearance.
Technologies like these are especially interesting to me as in places like Germany where credit is rarely used or trusted, or in emerging market countries where credit cards just aren't as widespread or available but everyone has a mobile device. My prediction is that Zelle will turn out to be a great way to get less tech savvy and older generations using instantaneous mobile payments but that the damage has already been done with younger consumers already having entrenched loyalty to their platform of choice (i.e. Venmo, Apple Pay, etc.).


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Mr. Alfred Kelly, the CEO of credit card giant Visa, revealed that he believes Bitcoin; the world’s largest cryptocurrency is not really money and Visa won’t touch it.
According to him, VISA doesn’t support transactions done with cryptocurrency.
“I don’t view it as payment system player. We at Visa won’t process transactions that are cryptocurrency-based. We will only process fiat currency-based transactions,” he said.
He mentioned that fiat currencies, such as the U.S. dollar, are issued by governments as legal money.
And as such it underlines the difference between BITCION and other currencies.
He further explained that Bitcoin is not issued by anyone but rather it’s “mined” or “discovered” by powerful computers around the world competing with each other to solve certain algorithms.
The miners he said, then write those transactions to the online blockchain ledger, where all activity is recorded and shared with everyone, according to the CoinDesk description.
Expressing his take on the issue he stated that “bitcoin is much more today than a commodity that somebody could invest in; and honestly, somewhat of a speculative commodity,” he added.
His view is said to have been backed by the volatility of the Bitcoin market, which soared to record high of $19 000 per Bitcoin in the later parts of 2017.
But then, was quickly brought back down as its value has dropped to half of that high at the beginning of 2018


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BEIJING — China's ZTE is expanding its partnership in Pakistan to extend digital television services into more regions of the country, including in remote mountainous areas, Zhang Zhenhui, executive vice president at the company, told CNBC.
The Shenzhen-based tech and telecom company will sign the agreement on Sunday at China's Belt and Road Forum, a two-day meeting on the country's major foreign policy initiative.
"This is a project with significant importance, as it provides telecommunication services to many Pakistani people, including ones that live in rural and remote areas," Zhang said. "This is a key strategic project by the two governments, and ZTE serves as the bond between the two nations."
China's ambitious "One Belt, One Road" policy is a plan that aims to connect Asia, Europe, the Middle East and Africa with a vast logistics and transport network. It's set to use roads, ports, railway tracks, pipelines, airports, electric grids and even fiber optic lines. If successful, it would allow China to increase its global influence and find a way to find further growth as the domestic economy slows.
For companies like ZTE, this means a major opportunity to continue expanding abroad, especially with the backing of the Chinese government.
"We believe the policy will greatly support the company's next phase of international expansion," Zhang said.
ZTE already operates in more than 160 countries, and nearly half of the firm's revenues come from its international business. Pakistan has long been an important market for ZTE — the company has worked with local partners to build and upgrade the country's telecoms' 2G, 3G and 4G networks, and opened a research and development center back in 2006.
Pakistan is also an important part of China's "One Belt, One Road" strategy: The world's second-largest economy has already launched a collection of infrastructure projects there worth $46 billion, named the China-Pakistan Economic Corridor.
Zhang said ZTE is optimistic about its 2017 business prospects after posting a strong first quarter with a nearly 28 percent jump in net profit, and that the company will continue to invest heavily in developing 5G networks, with the aim to roll out by 2020.
"5G will be ZTE's champion product … we will be the leader," Zhang said.
The strong start to the year is a sign the company is rebounding after pleading guilty and paying in March around $1 billion in fines to the U.S. government to settle allegations that it violated U.S. laws on selling American technology to Iran. The penalty payment dented earnings — the company posted a 2.36 billion yuan net loss for 2016.
Although the U.S. hasn't officially signed on to China's initiative, a delegation is participating in the Beijing meeting. And U.S.-China trade relations continue to hang in the balance, though officials and business leaders on both sides have worked to maintain optimism about continuing a long relationship.
ZTE's Zhang echoed those sentiments: "I believe in many years from now, the China and U.S. economies will embrace even deeper ties and cooperation."
China's "One Belt, One Road" scheme involves 65 countries, which together account for one-third of global GDP and 60 percent of the world's population, according to Oxford Economics.


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A Nanaimo resident is the province’s first confirmed case of E. coli linked to the extensive XL Foods beef recall.
The B.C. Centre for Disease Control announced the finding Monday – the 11th E. coli case across Canada connected to the XL Foods plant in Brooks, Alta.
The individual – identified only as a male from Nanaimo – became ill in mid-September but has now recovered, said Dr. Eleni Galanis, a BCCDC physician epidemiologist.
About a third of all beef sold in Canada is provided by XL Foods and the Nanaimo man had eaten multiple meals with beef in the days prior to his illness, although health officials are unsure what meal his illness is linked to.
Dr. Paul Hasselback, central Island medical health officer with the Vancouver Island Health Authority, said a large amount of beef products were recalled and meat from the affected XL Foods plant is distributed to all the major grocery chains on the Island.
He said most of the recalled products are past their expiry dates now and health officials are asking people to take a look at the recall list, go through their fridges and freezers and throw out or return to the place of purchase any products on that list.
Hasselback said one of the challenges in the beef recall is the number of products added to the recall list after the initial notice went out on Sept. 16.
The list can be accessed at www.phac-aspc.gc.ca/fs-sa/phn-asp/ecoli-1012-eng.php.
Besides not eating recalled products, people are reminded to cook raw beef thoroughly, wash hands before and after cooking, keep knives, counters and cutting boards clean, keep raw meats separate from other foods when stored and refrigerate or freeze leftovers promptly.
Typical E. coli infection causes mild to severe diarrhea, sometimes bloody, and stomach cramps and usually clears up on its own over the course of a few days, but rare complications can include renal failure and even death.
Symptoms are likely to be more severe among the young children and the elderly and health officials believe many cases go unreported because people do not get sick enough to seek medical attention, Hasselback said.
“We only hear about a fraction of the cases,” he said. “I’m not aware of anyone who’s developed renal complications to date, but it is why we are so concerned about this.”
E. coli was initially detected at the Brooks facility on Sept. 4. The plant remains closed and the Canadian Food Inspection Agency began a detailed assessment on Tuesday to determine if the facility has addressed deficiencies uncovered during the agency’s E. coli investigation.
The investigation found several deficiencies in E. coli control measures and sampling and testing procedures.
Galanis said there has been no increase in the number of British Columbians sick due to E. coli bacteria.
In September, 11 infected people were reported and the average number of cases of E.coli per month is 13.


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Kenya, Rwanda and Uganda have devised a new way to woo tourists, promote the single east African visa and boost tourism.
The three states reached a decision to give foreigners with work or resident permits in any of the three countries a 6 months east African tourism visa. This decision was announced on Sunday and it is hoped that this new plan will help boost tourism in east Africa, and increase the number of safari trips in the region.
Kenya Tourism Board (KTB) Managing Director Muriithi Ndegwa said the preferential treatment to foreigners in the member states would entice them to tour and extend their stay within the northern corridor states.
The East Africa Tourism visa, which came into force early this year, resulted from a joint initiative and decision made by the heads of state of the respective countries. The single tourist visa originally costs $100 and is valid for 90 days, but the period has been extended to 6 months at the same cost for foreigners already residing in any of the three states.
The Rwanda Development Board’s head of department in charge of Tourism and Conservation, Ambassador Yamina Karitanyi, explained that any foreign holder of the East Africa Tourist visa will move freely to and from any of the countries of residence to visit without having to pay for an extra visa for a period of six months. This gives these potential tourists the opportunity to visit and enjoy any of the tourist products and sites in any of the three countries for that period, and tour operators the opportunity to offer tourist experiences and packages that cover all three countries as well.
According to Uganda Tourism Board’s Chief Executive Officer Stephen Asiimwe, this preferential treatment initiative means more business for airlines, hotels, tour operators and more jobs for locals.
This preferential treatment will enhance the tourist product offering in the three countries and as a result increase the number of tourists to the three countries that have a diversity of experiences to explore. Ever since the introduction of the visa, there has been a noticeable increase in the number of tourists travelling through the region and tour operators have also diversified their product and services. Gorilla trekking trips across Rwanda and Uganda have increased, and so have Rwanda, Kenya and Uganda Safari trips.


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Chris Morrison has written what appears to be the first chapter of a book on the Disney-Playdom acquisition over at Inside Social Games.
In his very long blog post and analysis (which I’m actually applauding), he questions whether Disney’s $700 million acquisition of Playdom has been a “win” or “fail” so far for Disney.
On the “fail” side, Playdom was not growing when Disney bought it for a lot of money, it’s studios from its acquisition binge were not well integrated, and most of its hit games in the past year were not actually developed internally by Playdom (though to be fair, there is a dispute on that in the comments).
On the “win” side, Playdom spent tons of money and resources on its virtual goods infrastructure, and the ability to extract as much money from social game players is highly valuable (it’s the reason Zynga is now valued higher than Electronic Arts in some circles). Playdom also brought global relationships, though I would assume Disney could have pulled that off given their large media prowess.
So, is it win or fail? The answer, of course, is that it’s too early to tell. And, that it’s complicated. Surely, Disney did not have to pay $500 – 700 million for Playdom at the height of the bubble in social game valuations. Had they just waited a month or two, I think this price could have been cut in half.
Still, for a company as big as Disney, $500 – 700 million is sort of chump change. Disney plans to replace its current games programs with Playdom management and its social games initiatives, making social games as much a part of the Disney DNA as animation, TV, movies, or amusement parks. Imagine every time that a Disney movie or hit TV show is released, it’s accompanied with a Playdom social game.
If Playdom becomes merely one part to Disney’s gaming group, then this deal will go down as a huge fail and waste of money. If the acquisition can transform Disney’s mediocre to date gaming initiatives and make social games as big for Disney as Pixar is to its animation studios, then $500 – 700 million will not seem so expensive.Again, it’s too early to tell.


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SAN FRANCISCO (MarketWatch) — Shares of Facebook Inc. declined in the extended session Wednesday following earnings, while shares of Qualcomm Inc. dropped on a poor outlook.
shares skidded 8% to $65.44 on heavy volume after the chip maker cut its outlook. The company sees second-quarter earnings of $1.08 to $1.20 a share on revenue of $6.5 billion to $7.1 billion. Analysts had expected $1.28 a share on revenue of $6.71 billion.
shares rose 2.8% to $91.30 on moderate volume after the fast-food giant announced that President and CEO Don Thompson will retire March 1, and Chief Brand Officer Steve Easterbrook will take his place.
Las Vegas Sands Corp.
shares rose 3.2% to $57.80 on moderate volume after the casino operator reported earnings of 92 cents a share on revenue of $3.42 billion. Analysts had estimated fourth-quarter earnings of 78 cents a share on revenue of $3.48 billion.
Citrix Systems Inc.
shares rose 4.6% to $61.90 on moderate volume after the company reported fourth-quarter earnings of $1.10 a share on revenue of $851.5 million. Analysts estimated $1.03 a share on revenue of $844.2 million. Citrix also announced job cuts.
Flextronics International Ltd.
shares advanced 6% to $11.20 on moderate volume after the company reported adjusted fiscal third-quarter earnings of 30 cents a share on revenue of $7.03 billion. Analysts had forecast 26 cents a share on revenue of $6.63 billion.
Flex Pharma Inc.
priced shares of its initial public offering, above the expected range, at $16 a share.
These were the stocks making notable moves in the regular session Wednesday.
said fiscal first-quarter profit jumped to a record $18 billion on the back of strong demand for its iPhone. Earnings per share rose to $3.06 from a split-adjusted $2.07. Revenue increased 30% to $74.6 billion from $57.6 billion. Apple sold 74.5 million iPhones during the quarter, above analysts’ estimates for 66.5 million units. But some analysts took a half-empty view.
Also read: Apple joins Elvis and McDonald’s in the ‘billion sold’ club
Electronic Arts Inc.
reported holiday sales that boosted quarterly results above analyst expectations.
reported fourth-quarter results that topped Wall Street’s forecasts. Boeing reported core operating earnings of $2.31 a share on revenue of $24.47 billion versus expectations for $2.31 in earnings on $23.93 billion in revenue.
Juniper Networks Inc.
reported adjusted fourth-quarter earnings of 41 cents a share versus the 31-cents-a-share consensus estimate.
TE Connectivity Ltd.
said it will sell its broadband network solutions unit to CommScope Holding Co. for about $3 billion.
Western Digital Corp.
late Tuesday reported fiscal second-quarter earnings of $2.26 a share, significantly better than analysts’ estimate of $2.11 a share.
U.S. Steel Corp.
posted earnings that topped Wall Street estimates by nearly $1 a share.
posted quarterly results that zoomed past consensus estimates and issued a bullish outlook.
slid as its 180-day lockup period expired. The Israel-based developer of camera systems that help cars detect other vehicles and pedestrians last week said it will launch a secondary offering of common shares to offset the selling pressure from the lockup expiration.
Energy stocks dominated the list of S&P 500 losers as crude oil
fell sharply. Denbury Resources Inc.
Cabot Oil & Gas Corp.
and Nabors Industries Ltd.
were among the big decliners.
Ethan Allen Interiors Inc.
reported adjusted fiscal second-quarter earnings of 37 cents a share on revenue of $197.1 million. Analysts had estimated 45 cents a share on revenue of $202.2 million.
reported a dip in fourth-quarter profit and announced a new $1 billion-share buyback plan.
reported its fourth-quarter earnings rose 27% to $1.29 billion, or $1.68 a share, from the same period a year ago. Sales totaled $5.33 billion, up from last year’s $5.01 billion. Adjusted income was $2.16 a share, beating the $2.05 estimate from analysts polled by FactSet.
reported its fourth-quarter adjusted earnings rose to 55 cents a share versus 53 cents a share in the same period a year ago. Analysts were expecting the company to make 54 cents a share. Sales rose to $34.4 billion from $33 billion a year earlier.
late Tuesday said it plans to spin off its 384-million share stake in Alibaba into a separate, publicly-traded company named SpinCo. and will retain its 35.5% interest in Yahoo Japan. Separately, it reported fourth-quarter adjusted earnings of 30 cents a share, down from 46 cents a share in the year-earlier period.
General Dynamics Corp.
reported fourth-quarter earnings from continuing operations of $2.19 a share, topping forecasts for $2.13. Revenue rose 3.9% to $8.36 billion versus a Wall Street forecast of $8.04 billion.


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Corporate subsidiaries only act on someone else’s say so. The drafters of the FCPA knew that, and that’s why the FCPA prohibits offering to pay, paying, promising to pay, or authorizing the payment of money or anything of value to a foreign official for an improper purpose.… Continue Reading
Posts Tagged: Beam Suntory Inc.
There have been a dozen corporate FCPA enforcement actions this year, including two of the biggest resolutions ever.… Continue Reading
How to explain it? Beam Suntory’s 2018 FCPA civil settlement with the SEC went so well. The SEC praised the company’s cooperation and took into account its good behavior. And yet in 2020, when Beam Suntory finally resolved criminal FCPA charges, the DOJ brought faint praise and heavy criticism, citing the company’s “inconsistent and, at times, inadequate cooperation,” among other transgressions.… Continue Reading
Chicago-based spirits maker Beam Suntory Inc. agreed Tuesday to pay the DOJ $19.6 million to resolve Foreign Corrupt Practices Act charges for improper payments by its Indian subsidiary.… Continue Reading


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What is it?
The Frankfurt motor show takes place every second September in the back garden of Volkswagen, Mercedes and BMW. In many ways, the big story of the Frankfurt motor show in 2017 is that so many manufacturers aren't there, including Alfa Romeo, DS, Fiat, Infiniti, Jeep, Nissan, Peugeot and Volvo. Still, more cake for the rest of us, and scroll down below to see all the information about the cars that have been revealed at Frankfurt.
What’s being revealed at the Frankfurt show?
The German manufacturer has shown two new concept models – Aicon and Elaine – which showcase future technology and the autonomous experience.
The new A8 is on the company's stand, looking resplendent with its chrome grille, and there are debuts from the RS 4 Avant and the R8 V10 RWS, which stands for Rear Wheel Drive Series.
The latest version of the Continental GT has been revealed at the Frankfurt show. It looks even better in the metal than the pictures give it credit for, with a sinuous and beautiful design. We can't wait to get behind the wheel.
If it gets a bit quiet on any of the other stands, you need only head to BMW to see some action.
By far the biggest stand at the show, the Munich-based car maker has taken over a whole hall to show off its full range as well as that of subsidiary Mini. Making their debut at the show are the new 6 Series GT, the new X3 SUV, a seven-seat X7 concept and the perfectly delightful Z4 concept.
For a glimpse into what's to come from BMW, there's also the i Vision Dynamics concept, which will become BMW's answer to the Tesla Model S, and will likely be badged as the i5.
Perhaps the most interesting of the new BMW production cars on show will be the i3S, a hot-hatch version of the i3 electric vehicle. Looks like BMW found a new niche to fill.
A more crowd-pleasing launch is the new M5, which was officially revealed a few weeks ahead of the show, or - finally - there's the astonishingly good-looking BMW M8 GTE endurance racer.
Chinese manufacturer Chery has revealed a new SUV line at Frankfurt – it wants a piece of the global car sales action and it isn't afraid to come up with a product that will appeal across a broad cross-section of the car-buying public.
We like the Duster. It's been around since 2012, although its budget interior styling looks like something from the 1990s. An all-new car is just what the doctor ordered – but don't expect Dacia to tinker with the formula too much.
Honda tried out hybrid technology early on, but then it ditched the concept before having a rethink. Cripes, it gets complicated. Let's keep it simple with an all-new CR-V SUV being launched at Frankfurt, which will have a hybrid powertrain option.
The star of the Honda stand – and perhaps the show – is arguably the Urban EV concept, which doesn't present a far-off vision, but is actually slated to go into production in 2019. We're quite excited about this one.
We've already had a good poke around the new i30 N hot hatch and we liked what we saw. Frankfurt marks the public debut for the new effort from South Korea – also on the stand is the company's new Kona SUV.
We've already seen the new E-Pace SUV do a barrel roll at its launch event – can Jaguar top that in Frankfurt? No, no it can't.
Mind you, it can launch a new I-Pace eTrophy race car that will be used for a one-make series to support Formula E in the 2018/19 season. It's the first pure-electric production car race series in the world, and it will be hilarious to watch.
Kia describes its shooting brake-style Proceed concept as an 'extended' hatch, but whatever it is it looks pretty decent.
It seems like ages since we got a first look at the new Stonic SUV, but Frankfurt marks the car's official public debut. We'll also be driving the car shortly, so keep an eye out for the first drive.
An interesting model from the Korean manufacturer is its new SUV-a-like Picanto. Because no one ever went wrong trying to jack up the suspension and add some grey plastic bodykit...
Lamborghini officially revealed the new Aventador S Roadster at Frankfurt – a 217mph convertible supercar? Yes please!
The big news for the three-pointed star at Frankfurt is the AMG Project One Hypercar, which will use the same powertrain setup as you'll find in Lewis Hamilton's F1 car. Slightly drier in a rainstorm though.
Mercedes has also brought along the facelifted S-Class coupe and cabriolet and presented a glimpse of the future in the form of the EQA Concept.
This pure-electric hatchback should make showrooms sometime around 2020 with a 249-mile electric range. It's set to take on the likes of the BMW i3.
Last but not least is the new X-Class pickup, which has had its European debut on the Frankfurt stand, too. And looks surprisingly good in the metal.
The diminutive British manufacturer (in name, if not in size) has revealed the rather unimaginatively named Mini Electric Concept.
You'll be surprised to know that it's a Mini electric concept that previews the electric Mini hatch due to go on sale in 2019, built in the UK.
Or if you've already had enough of electric stuff, there's the refreshingly non-electric, all-fun Mini John Cooper Works GP concept to have a look at, too.
Well, it only feels like yesterday we were all arguing about whether the new Cayenne would pollute the Porsche brand irrevocably and now we're on to the third generation of the monster SUV. They grow up so fast.
The arrival of a Porsche 911 GT3 Touring Pack was a surprise – 493bhp just like the GT3 we know and love, but minus the wing.
It feels like Renault has been teasing the Renaultsport Megane for ages, and now we finally get to have a proper look. Its predecessor was one of the most deliriously brilliant front-wheel drive hot hatches, ever, so no pressure on this one, then...
It's not only hot hatches on Renault's stand - there's also the rather intriguing Symbioz concept. Part car, part extra living space in your house, this is the French brand's vision of what transport in 2030 might be like, including a 310-mile electric range and full autonomous mode, of course.
The fairly small Arona SUV wears a familiar face – it looks very much like the Audi Q2, but given how much it shares with the car we'll forgive it that. We're looking forward to driving this Nissan Qashqai rival to see how it squares up against the competition.
Another Frankfurt debut from the Spanish firm is the Leon Cupra R, with its copper accents and extra horsepowers. In fact, it's the most powerful car that Seat has ever produced.
We've had a few glimpses of the new Swift Sport, but the much-anticipated hot hatch from Japan will have the wraps taken off in Germany. Another one to add to our looking-forward-to-driving-in-2018 list.
The performance version of the Insignia, the GSI-badged variant, has been teased to the world but won't be unveiled until Frankfurt. Another addition to the range will be the Grandland X, a small SUV that sounds like a hip-hop album.
We've already driven the car, but Frankfurt marks the public debut of the all-new and slightly massive Polo. We've already seen the new Golf-on-stilts T-Roc, which looks very sharp, but that new SUV is taking its public bow at the motor show.
VW CEO Matthias Müller has used the opportunity of the Frankfurt show to commit his company to becoming the leading e-mobility manufacturer by 2030 – Volkswagen has got a massive 80 electrified models on the way between now and 2025.
Can I go?
You can! It would be a shame to leave it all just for the journalists to enjoy. After the kerfuffle of the two press days, Messe Frankfurt is open between 7am and 9pm from 16-24 September 2017 for members of the public to enjoy the latest metal. Day tickets cost from around £13 on the door, but you can save if you book in advance.
The show venue is a convenient 15-minute walk from the main train station In Frankfurt, so you can fly in or even get the train all the way from the UK if you really like. If you drive an electric car, you get free parking at Messe Frankfurt, so that's nice.
There are test drives available, a gallery of 1970s-era vintage cars, activities for children and even a jobs fair for automotive industry careers. Check out iaa.de for full details.
Where can I see all of the news from Frankfurt?
It's like we're writing these questions ourselves. We've got all of the latest news and video content from the Frankfurt show – if you want to see all of the stories as they come in, keep a weather eye on our special Frankfurt show page where everything will be displayed.
Otherwise bookmark this page and we'll be updating it as we get more information.


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- The smartphone supports a 48MP primary camera
- The refresh rate is 120Hz
- It is powered by Qualcomm Snapdragon 8 Gen 1 chipset
The teaser video of the OnePlus 10 Pro has been leaked. The teaser video contains a design profile and a peculiar sensor. The details of the upcoming smartphone were seen on GeekBench. The details of RAM configuration, SoC, and Android version have come out. The launching date of the latest smartphone is available.
Tipster Mayank Kumar shared the teaser video explaining the details of the OnePlus 10 Pro on his Twitter account.
There is a square camera module in the top left corner of the smartphone. The device comes with a triple-lens setup. According to the report, the device supports a 48MP primary unit, as well as a 50MP ultra wide-angle sensor. It sports an 8MP telephoto lens with 3.3x zoom.
We can see the Hasselblad brand on the camera module. It means that it is made by the collaboration between OnePlus and Hasselblad.
The front panel looks similar to current-gen OnePlus 9 Pro. The device features approximately a 6.7-inches curved panel with thin bezels. The refresh rate is 120Hz. The device houses a punch hole for a 32 MP camera. It will have a Qualcomm Snapdragon 8 Gen 1 chipset. The company has included up to 12GB RAM and 256GB of storage. It runs Android 12 out of the box. It houses a 5000mAh battery with 125W fast charging.
Moreover, the previous leaks reported that the launching will be on January 4th, 2022. Now according to the latest leaked video, the launching of the latest smartphone will be on January 11. The video first appeared on Chinese microblogging website Weibo.
Read interesting news, reviews as well as tips & tricks on TechnoBugg website, and stay updated with the latest happenings of the tech world on the go with Technobugg App. Also follow on Google News and join our Telegram channel for the latest updates.


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: In Japan, Namco Bandai is known as Bandai Namco. However, many of its subsidiaries, including those outside of Japan, still bear the Namco Bandai name - but not for long.
As discussed at a directors' meeting last week, and as translated by Gematsu
, the company has decided to rename all of its subsidiaries to Bandai Namco. For example, Namco Bandai Games America will soon become Bandai Namco Games America.
The company says that this name change is in aid of raising the value of its brand overseas. This change will come into effect on April 1.


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Elaine Jamieson still has the first CD she ever bought.
It was Donna Summer – Hot Stuff. She still listens some weekends, wine in hand.
Jamieson works at New Plymouth’s combined museum and library, Puke Ariki, which has recently decided to get rid of its CD collection to make way for vinyl.
The collection is to be withdrawn on Monday, September, 4 due to lack of use. Puke Ariki manager Kelvin Day said.
Four years ago, 2498 CDs were issued from the collection, Day said.
Last year, that dropped to 559.
Read the Complete Article


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The move is a direct response to consistent concerns among existing carmakers about the potential threat of Huawei entering the industry and manufacturing its own cars.
The change comes as Nio works to catch up with peers in the self-driving car race after securing $1 billion in funding from the Chinese government.
Tesla has been ramping up its hiring in China lately as part of a broader strategy to localize software and user data in the world’s biggest auto market
The Chinese search engine giant seeks to increase its self-driving advantages in the country’s EV consumption boom.
The market for NEVs in China is growing rapidly while the wider auto market cools.


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The Seagirt Marine Terminal at the Port of Baltimore was closed to trucking transactions for parts of Monday and Tuesday, but has since reopened, according to the Maryland Ports Authority (MPA).
Trucking transactions were closed at Seagirt Marine Terminal for parts of Monday and Tuesday.
A “labor/management issue” resulted in the closure of truck transactions at Seagirt Marine Terminal at the Port of Baltimore for parts of Monday and Tuesday, the Maryland Port Authority (MPA) has confirmed.
The terminal has resumed normal operations as of Wednesday, however, “longer than usual truck lines waiting to enter Seagirt” is causing a backlog in volume, MPA said.
MPA revealed that the incident was between the International Longshoremen’s Association (ILA) and Ports American Chesapeake, which operates Seagirt Marine Terminal. ILA and Ports America Chesapeake did not immediately respond to a request for comment. However, the port also revealed that ship operations are normal, despite the trucking backlog.
Seagirt is called by seven major container services, three being 2M Alliance services and one an OCEAN Alliance service. MSC, Maersk Line, Hamburg Sud and Hapag-Lloyd co-operate the remaining three services, according to ocean carrier schedule and capacity database BlueWater Reporting.